Bitcoin Forum

In the past 24 hours, Bitcoin Cash BCH has accounted for 64.7% of ALL cryptocurrency transactions. That is pretty cool!  :)
And what do you think about this?

https://i.imgur.com/ThHd0SI.jpg

Chart from http://bitinfocharts.com

Nice stats, I think BCH will replace BTC in the future because it has really very speed transactions!

BCH rules last days. I think It will reach price 1k$ soon!

good for the shitty coin. that doesn't mean that it is still not a useless coin, and that anyone would stop question the purpose of its creation. Left only for me, I think that this coin should be destroyed and burnt, cos I strongly believe that it is a shitty project and nothing good can come out of it. Get rid of the coin already.

Probably they are doing some kind of a test.

Bitcoin cash is not near becoming that usual or popular. So this chart doesn't show any real value.

First thought I had was exactly along this line. I'm not saying this is the case here, but I would not rule this possibility out. They are so eager to prove that their coin has better economic future to be used for every day payments than any other coin including bitcoin.

https://www.ccn.com/bitcoin-cash-gains-14-as-stress-test-hits-transaction-record/

It was a stress test.

BCH does not have many transactions

This seems like complete BS news.  FAKE NEWS ALERT.  I can see Bitcoin cash putting through tons of fake transactions just to beef the numbers up.  I would like to see an audit done on this to see how legit it is. To me BCH is just another shitcoin.

Something interesting to observe when abnormalities like this occur, is the value of the average transaction. Every project is too far away from Bitcoin. This shows how cryptocurrencies are still far from being adopted globally. Especially the altcoins, people trade cents of them. So we have 2 options, or people are spamming the network, or is just a test.

There are some people trying to spam the ETH network, and there is a lot of tests going on with BCH, Nano etc.

Well let's not conclude so fast about the transactions, let's give it some weeks or months then we can check back to see if it will still remain that percentage, moreover having 64.7% of ALL crypto transactions doesn't make it the best coin.

The amount of the transaction are just little amounts compare to bitcoin and ethereum and other coins transactions, moreover number of transaction to me doesn't count, what counts and matters is the volume of the transactions.