Topic - Transaction Volume Growth

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Ben
2154d
While Memo has grown, what else has declined so much that its made Memo's impact on tx volume unidentifiable? What can we do to effect this most important KPI? We need to grow
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Spread the word, get more merchants to adopt BCH.
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Absolute transaction volume is not nearly as useful as tx volume normalized to some measure of aggregate crypto tx volume.
Ben
2154d
Both are very important, but I agree, I would LOVE to see BCH transactions charted as a percentage of total crypto TX volume.
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This has also worried me. I'm afraid that some of the hodl ethos has forked along with BTC. We really need to reinstate and internalize "spend and replace" as ethos again.
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@Donald people will spend, when there is stuff that they wanna spend it on, for example memo. BCH is on the right track
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Where can I see BCH outputs statistics?
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beautiful site @homopit
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Ben
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im checking bitinfocharts every day, im checking BCH against dash, litecoin monero and zcash. Months and no change between them all. Seems the anons are gaining
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I believe that the mass majority of all transactions on all cryptos is between exchanges. This means price dips correlate with tx numbers.
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I have thought about the same. Quite a shame to see transactions down on all cryptos but what else can you really expect in a bear market?
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Especially frustrating to see Dogecoin's transaction count actually outperforming BCH's.
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Thank you guys for the useful links.
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ben and freedom, looks like you have the same profile 'picture'
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I wouldn't be surprised if they were pumping doge transactions just so they can have the talking point.
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Bingo. The trolls have been pushing the "Doge has more tx lol" line in lockstep. Pumping the tx volume of that coin would cost peanuts.
Ben
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exxtra, it's the same as Roger Ver too ;) cut from the same cloth xD
Ben
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Would there be a way to find out if it is faked TX volume?
Ben
2152d
Easy TX Volume Growth: Get lots of Core trolls on memo and get the flame wars going. Chart ==> ___/
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We should not focus on TX volume, just for TX volume. We should focus on new users.
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Yeah it's better to have the bare bones Tx volume with no fluff. Easiest way to measure overall adoption along with $$$ moved.
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Makes you wonder how much BTC is actually being used for anything other than trading alts and icos.
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The correct answer would be actually 0.
Ben
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Very good point DashCunning-banned. Roger has a fairly good point about the "Doge is more popular than BCH"