Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: S.coastapps on December 09, 2019, 02:54:32 PM
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In November, the Australian Bitcoin Cash economy grew a dumbfounding 267% and represented 93% of all crypto (https://www.thecoinrepublic.com/tag/crypto/) retail use and conversely, Australian fiat turnover became only 0.2% in October with November liable to take action accordingly, with a more than 1000-crease contrast between the two.
Hayden Otto from Bitcoinbch.com has distributed the third month to month Australian Cryptocurrency Expenditure at Retail Businesses report as indicated by which the BCH framework has extended because of the Hula framework. Its quality on the sharing economy in Australia has been huge.
Source: TheCoinRepublic (https://www.thecoinrepublic.com/bitcoin-cash-dominates-australia-yet-again/)
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I am surprised that 93 percent of the used cryptocurrency transaction volume in Australia is Bitcoin cash. Someone did a good job advertising this coin. Although bitcoin cash in terms of functionality has much better performance than the original bitcoin. However, 93 percent of the transaction volume in this coin is still too much.
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In November, the Australian Bitcoin Cash economy grew a dumbfounding 267% and represented 93% of all crypto (https://www.thecoinrepublic.com/tag/crypto/) retail use and conversely, Australian fiat turnover became only 0.2% in October with November liable to take action accordingly, with a more than 1000-crease contrast between the two.
Hayden Otto from Bitcoinbch.com has distributed the third month to month Australian Cryptocurrency Expenditure at Retail Businesses report as indicated by which the BCH framework has extended because of the Hula framework. Its quality on the sharing economy in Australia has been huge.
Source: TheCoinRepublic (https://www.thecoinrepublic.com/bitcoin-cash-dominates-australia-yet-again/)
That's a good thing for Bitcoin cash It means that Australian crypto users is a big fan of Bitcoin cash, and how about the BSV which is its founder is an Australian, it seems BSV is very silent nowadays. BTW, I believe that Bitcoin cash has a big potentials in near future since its one of major competitor with BTC in line with Ethereum and other top cryptocurrency in the market.
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That is absolutely amazing, bch 93% growth in Australia, a welcomed development. I just hope more altcoins receive such attractions from other countries to enhance crypto usage generally.
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Bitcoin Cash Has Good Functionality. However, occupying 93 percent of the market volume is a bit much. Apparently, in Australia, the cryptocurrency market is still underdeveloped, and a certain cryptocurrency dominates, with respect to which marketing is well conducted.
But the information about such a low use of ordinary cash currency is very surprising.
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That's a remarkable gains. What do you think guys? Is it still safe to go bag some bch now? Im using third party app wallet that provided by famous cryptocurrency platform in my country and they supported bch coin too. So I can buy easily but the thing is many people believe that bitcoin cash isn't good and just a same version copy cat of btc. Well for trader any coin will matter as ling ROI is not affected.
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I myself recently learned about this, participating in one of the Australian projects and was very surprised at such a preference for BSV in Australia, it seems that this is the only country in the world where BSV is so popular, many stores accept BSV for payment. Cryptocurrency can be easily purchased at almost any newsstand for an amount of more than 50 Australian dollars.
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As far as I know there are a lot of people from Australia supporting BitcoinCash.
So this news that was written by the OP is very relevant and it was very special when the acquisition of a business expansion from BitcoinCash reached 267% and it was very much value! 8) 8) 8)
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I myself recently learned about this, participating in one of the Australian projects and was very surprised at such a preference for BSV in Australia, it seems that this is the only country in the world where BSV is so popular, many stores accept BSV for payment. Cryptocurrency can be easily purchased at almost any newsstand for an amount of more than 50 Australian dollars.
The proposed discussion topic refers to Australia's growing popularity of cash bitcoin. It also refers to the growth of transactions in this country as well as another fork of Bitcoin, namely Bitcoin SV. In my opinion, this is not surprising. Both of these forks in terms of functionality have long bypassed the original bitcoin.
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Im not a fan of bitcoin cash. However if the adoptability of it will benefit the crypto space then its okay. I will be very much happy if the bitcoin adaptability in Australia will also increase. Austrialian government should consider to study about digital currency to implement in its country.