A week ago I started a survey. The question was: What do you do with your BCH Satoshis that you have earned here? The following answers were available for selection: A) I save everything in BCH B) I save some in BCH and use the rest (for tips, donations and other things). C) I save some in BCH, the rest I use or exchange into other cryptos or fiat D) I exchange everything into other cryptos or fiat E) I exchange everything exclusively in fiat Here are the results: A) 21 B) 29 C) 20 D) 2 E) 4 The results show that over 50% of the respondents use the BCH in some way. I think it is an encouraging result. It means that for every second person the BCH finds a use. One in four save their BCH and don't spend or exchange it for other cryptos or fiat. These are mostly users today who still have very little BCH saved up. I suspect that they will switch to the other group when they have saved a little more BCH. One in twenty exchange their BCH for fiat. These are people who have no money and need to cover their needs. They mostly exchange it into fiat to buy food or the like with fiat. Only a small minority, one in 40 (two people) exchange BCH exclusively into other cryptos (one exchanges everything into USDT to escape price fluctuations and the other exchanges everything into other cryptos). The result shows that the vast majority use and trust BCH. This is a very good result and it shows me that noise.cash plays a very important role in this. Thank you to everyone who took part in the survey.
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2 comments
I remembered this, I participated to this survey...
Actually when we earn some BCH we keep it in our wallet..But sometimes we need money...Then we try to sell it..Before I felt some problem with BCH, There was no one who buy this..But now the situation is totally changed.... They directly buy BCH from us with a good price,,,Now,I think it's need not to convert into other currencies!!!