Tim Swanson Numbers blogger Tim Swanson recently used Bitcoin blockchain data graphs generated by John Ratcliff to declare that 70% of existing bitcoins have not been spent in six months.
He wrote that the data provides a “sobering chart” for those who want Bitcoin to grow. In his opinion, if all currency is not being spent like a hot potato—quickly hopping from one person to the next—this is a bad sign for a currency’s future […]
