@Telesfor
more from that month
Number of active BTC addresses is falling continuously, number of BTC transactions is also falling continuously. There are more and more blocks that are not filled (a few hundred transactions per block instead of almost 2000), this has not happened for a long time. What is the reason? Are people slowly but steadily turning away from BTC?
6 comments
I think there is only one answer. People will increasingly use BCH instead of BTC.
It will take some time. Among BTC maxis there are a lot of Bitcoin Cash haters, they will rather use a shitcoin instead of BCH.
Yes it is likely, but whoever uses BCH and sees their commission rates never uses BTC again. At the beginning of my cryptocurrency journey I paid more in commission for transferring BTC than I received in profit.
>but whoever uses BCH and sees their commission rates never uses BTC again. Some ideologically motivated BTC maxis were also willing to pay $15, but that is a minority. There are also other cryptos that have low fees. BCH is not alone. People will switch to different cryptos.
Yes I know, on a few occasions I have used LTC and DASH and they also have low rates. But BTC never again, it is very expensive and very slow. For me BCH is the best.
I have also used LTC and Dash, but BCH is definitely the most fun and most widely accepted.