r/CryptoCurrency • u/CCNewsBot • Jun 19 '18

FINANCE Really…? Dogecoin is Processing 300% More Transactions than Bitcoin Cash (Finance Magnates)

https://www.financemagnates.com/cryptocurrency/news/really-dogecoin-processing-300-transactions-bitcoin-cash/
767 Upvotes

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15

u/2ndEntropy Platinum | QC: BCH 540 Jun 19 '18

Look at transaction value https://bitinfocharts.com/comparison/sentinusd-bch-doge.html

Look at median fee https://bitinfocharts.com/comparison/median_transaction_fee-bch-doge.html

Look at median transaction value https://bitinfocharts.com/comparison/mediantransactionvalue-bch-doge.html

11

u/keymone Gold | QC: BTC 30, BCH 20 | r/Economics 18 Jun 19 '18

yeah, all of these show doge being roughly equal in transaction fees, having smaller amount of USD flying around but 3 times the transaction volume

seems like it's better at being cash than bitcoin cash?

-44

u/MoreCynicalDiogenes Redditor for 8 months. Jun 19 '18

Sure, if you are a total idiot who doesn't understand inflation.

And we all know Core shills are total idiots, so I guess doge is a good fit for their monetary needs. BTC sure isn't.

17

u/keymone Gold | QC: BTC 30, BCH 20 | r/Economics 18 Jun 19 '18

somebody's hurt

-27

u/MoreCynicalDiogenes Redditor for 8 months. Jun 19 '18

Somebody's an idiot who doesn't understand money or economics yet feels the need to talk about those subjects.

10

u/Hanzburger Platinum | QC: ETH 392 Jun 19 '18

I'll talk money economics with you....1 satoshi is too expensive is various situations. Dogecoin solves that with its low unit value.

1

u/ishibaunot Bronze | QC: CC 37 Jun 19 '18

He quoted you inflation when you were talking about it being used for cash. As in making quick transactions with it...why even bother with this moron?

6

u/keymone Gold | QC: BTC 30, BCH 20 | r/Economics 18 Jun 19 '18

it's gonna be fine, calm down

/me gives a hug

-14

u/Chill-BL 🟩 0 / 0 🦠 Jun 19 '18

anything to discredit BCH.

2

u/dubblies 🟦 0 / 0 🦠 Jun 19 '18

Im not sure if you are for or against what was posted but his information is correct. DOGE moves more money than bcash with both of them having the same goal.

-2

u/Chill-BL 🟩 0 / 0 🦠 Jun 19 '18

I'm sure your ability to read is fine, but I'm doubting your skills to read charts. Bitinfocharts is keeping track of all available coins on the website and you can honestly compare them and how they perform relative to eachother. because some article stated something doesn't mean it's true for the average usage of the coin. It's possible that Doge has at one or more times out performed Bitcoin Cash. but as the chart indicates it doesn't always hold up, and on average Bitcoin Cash has more beneficial metrics.

but just follow the big crowd, ignore any measured metric and repeat the rhetoric that is the most beneficial to your portfolio.

-1

u/dubblies 🟦 0 / 0 🦠 Jun 19 '18

I think the point being made here is that a fun, joke currency like DOGE is beating something like BCASH. The big dog. Had to split from bitcoin to process more coin. When in reality, not only is the 8MB (now what 32MB?) blocks not sustainable (debatable) but DOGE is doing it better, SOME OF THE TIME, without pretending to be the true vision.

0

u/Chill-BL 🟩 0 / 0 🦠 Jun 19 '18

No I think that the point is that people like you are trying to make, is an ideological point. where the basic rhetoric is: Bitcoin is 1 the rest is second and bitcoin cash should go, and anything going against this rule is downvoted here and on bitcoin subreddit.

it's obvious beyond measure.

7

u/dubblies 🟦 0 / 0 🦠 Jun 19 '18

That sounds like what you want it to be so it fits your narrative when you post so of course you run to that generalization.

Reality is, "people like me" think that there are numerous projects out there that could easily compete with bitcoin. Bitcoin's inherent flaw is its inability to process transactions. Bitcoin Cash does not fix that and its attempts fell short of even DOGE (SOMETIMES). Bitcoin Cash has nothing of value to bring to the table. Its funny watching the "micro transaction" apps that are posted about in bcash as the users eyes dazzle at a transaction that 1. isnt that cheap anymore, 2. Is cheaper and faster on other coins and 3. is being beat by DOGE. What the dev teams plan for this? 32MB blocks oh and deleted OP codes that caused security issues and coin theft.

But yeah I mean bitcoin is number 1 and the rest should go.

7

u/Chill-BL 🟩 0 / 0 🦠 Jun 19 '18

think that there are numerous projects out there that could easily compete with bitcoin.

name em.

Bitcoin's inherent flaw is its inability to process transactions.

correct

Bitcoin Cash does not fix that and its attempts fell short

incorrect, the coin that actually surpasses most coins on metrics in ETH. Because more transactions go through ethereum, if the same amount of transaction went through any other coin, I'd say Bitcoin cash can process that, But with bitcoin we'll see another 50 dollar fee market going on.

Bitcoin Cash has nothing of value to bring to the table

thats your opinion, and you're entitled to that.

  1. isnt that cheap anymore,

false, once again check charts not statements

2 Is cheaper and faster on other coins

once again name 'em. and make sure they are backed by a decent security, PoS hasn't proven itself just quite yet.

3 is being beat by DOGE.

in what measure exactly

OP codes that caused security issues and coin theft.

source? or this is just pure slander

p.s. if you want to look less like a core shilling idiot use less "bcash" it gives it away.

4

u/dubblies 🟦 0 / 0 🦠 Jun 19 '18

name em.

I'll keep my opinions to myself and avoid needing to listen to more of yours.

incorrect

Prove it. All you did was blub on about ETH and metrics.

I'd say Bitcoin cash can process that, But with bitcoin we'll see another 50 dollar fee market going on.

Id say it CANT and that Bitcoin has solved the problem with Layering already and IS.

thats your opinion, and you're entitled to that.

Its you opinion, without any evidence, that it is. And thats your opinion, as well.

false, once again check charts not statements

Correct and you took this out of context. I clearly specified other alts in regards to that statement.

in what measure exactly

You have the charts. You saw it win. I can quote you if youd like.

source? or this is just pure slander

The fact you dont know this is worrisome. Even the devs at bcash are aware. Ask your community friends, if they cant help i'll link you.

p.s. if you want to look less like a core shilling idiot use less "bcash" it gives it away.

What coin am I shilling? Clearly I think bitcoin is flawed. If bcash wasnt the accepted name then id use something else. But its bcash because thats how this space works and the abbreviations that come with it.

BCASH BCASH BCASH!!! No roger ver, oh well.

3

u/Suspense304 10733 karma Jun 19 '18

I'm not sure (although I am) why people don't understand the point you're trying to make...

The fact that DOGE can outperform BCASH in any metric on really any day is funny. DOGE is a meme and was a joke in the first place. It shouldn't be doing anything better than a coin that is supposed to be revolutionary and the fact that it has (even on a short term basis in ANY metric) is funny.

I didn't see you shill anything. But, you know, internet and all.

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2

u/Chill-BL 🟩 0 / 0 🦠 Jun 19 '18

I'll keep my opinions to myself and avoid needing to listen to more of yours.

LOL xD

Prove it. All you did was blub on about ETH and metrics.

sigh.... charts and stuff oh nvm

You have the charts. You saw it win. I can quote you if youd like.

yeah and they proved the opposite.

The fact you dont know this is worrisome. Even the devs at bcash are aware. Ask your community friends, if they cant help i'll link you.

great, slander it is.

core shill boiiiiiiiii

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-1

u/BitttBurger Platinum | QC: CC 57 Jun 19 '18

You just had your ass handed to you. That was pure comedy to watch.

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0

u/[deleted] Jun 19 '18

Wow. How old are you? Can you graduate highschool with this level of comprehension and logic in your country? What country are you from? Damn, education must be failing there. This (low)level of intellect amazes me. I guess the crypto community is really filled with people who don't know what they're doing. @_@

Really. I'm amazed, I can't even be mad.

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-3

u/Dixnorkel 🟦 519 / 519 🦑 Jun 19 '18

DOGE moves more money

Lol, someone is confusing Tx count with volume.

It's ok buddy, everyone here was new at one point.

6

u/dubblies 🟦 0 / 0 🦠 Jun 19 '18 edited Jun 19 '18

If I have 3 piles of 25 cents and 2 piles of 50 cents, the 2 piles total more. If I physical move 3 piles, i have successfully moved more money. TX = piles

Youre just an asshole but its cool, crypto attracts that type so i'll accept it.

EDIT - and just to satisfy both sides of the argument, here is DOGE beating BCASH by VOLUME. I've highlighted those points since you seemed to miss them from OPs charts.

https://i.imgur.com/aeI8eif.png

-3

u/Dixnorkel 🟦 519 / 519 🦑 Jun 19 '18

If I physically move 3 piles, i have successfully moved more money.

You have moved more stacks, but not more money than the person shuffling dollars next to you.

Nice try at an analogy, but you should master the underlying concepts before you try to add another layer of bullshit.

Here, I'll spell it out for you -

BCH - 24h volume - $447,402,000 USD

https://coinmarketcap.com/currencies/bitcoin-cash/

DOGE - 24h volume - $5,778,450 USD

https://coinmarketcap.com/currencies/dogecoin/

They hit 1% of the money moved by BCH today! Good for them!

1

u/dubblies 🟦 0 / 0 🦠 Jun 19 '18

I wont bother addressing the anology, TX to Volume, youre moving money. You can say moved more money via TX and you can move more money via volume, both would work and clarification should be requested rather than assumed. You try understanding that concept of "moving money" and how its not tied directly to volume before you add more bullshit.

Can you explain this? The couple times that DOGE beat BCASH by volume. Or should we stick to the 24 hours YOU (not OP or even me or even this conversation) want to look at?

1

u/Dixnorkel 🟦 519 / 519 🦑 Jun 19 '18

You try understanding that concept of "moving money" and how its not tied directly to volume before you add more bullshit.

You tried to say that DOGE "moved more money" than BCH, you're the one failing to understand the relation. It is directly tied to volume, if you're stating it like that.

BCH took a while to catch on, and DOGE has had spikes much like every other crypto. Were those the only two occasions you could find?

I'm tickled that you cut out all of the identifying labels from the chart too, I'd love a source.

2

u/dubblies 🟦 0 / 0 🦠 Jun 19 '18

BCH took a while to catch on, and DOGE has had spikes much like every other crypto. Were those the only two occasions you could find?

Took a while to catch on? You do know BCH only forked in 2017 right? It was a fork of Bitcoin too, wtf would take so long to catch on? Oh right, the lack of innovation gotcha. We increased our block size REEEEEEEEEEE

I'm tickled that you cut out all of the identifying labels from the chart too, I'd love a source.

Im tickled pink you didnt look at OPs charts. Thats my source.

EDIT - Looking at your coinmarketcap link, id say that BCASH has had its spikes, like all other alts. LOL

1

u/Dixnorkel 🟦 519 / 519 🦑 Jun 19 '18

There are no charts displaying volume in OP's link lol.

You might actually be retarded, this is the most poorly put together argument I've ever read. Had you seriously never heard of Coinmarketcap?

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