Wednesday, 22 May 2019

Spending metric of BCH vs BTC

Spending metric of BCH vs BTC

as far as spending and use metrics are taken in consideration, BCH is being used much more vs BTc

taking a look at bitinfocharts data for today , i can see that only 6 percent of BTC mkt cap was sent in last 24hrs , while almost a third of BCH mkt cap was sent in the same period.

this implies , in my opinion, that BTC is being mostly used for hodling, price speculation and exchange pairing ... while BCH is being used for actual transaction settlements

take a look

https://i.redd.it/oqieksbjmqz21.png

both BTC and BCH have roughly ~17 million coins in circulation ,however, almost7 million BCH was sent in last 24hrs while only 1 million BTC was sent . !

submitted by /u/mohtasham22
[link] [comments]


source https://www.reddit.com/r/btc/comments/brmwy4/spending_metric_of_bch_vs_btc/

No comments:

Post a Comment