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replied 1346d
Of course trading volume is relevant. Claiming otherwise is absurd.
replied 1346d
Its weakly relevant at best since it is so easy to have low value volume. BSV demonstrated that quite well.
replied 1343d
No, BSV did NOT demonstrate thst. BSV had a lot of on chain txs of zero value. This here is TRADING volume aka value traded. Not the same thing at all.
replied 1342d
Correct me if I am wrong, but isn't the trading volume simply the value of the sent transactions?
replied 1342d
It is the value traded.
replied 1342d
Yes, and that is likely the same thing. Even transactions between your own wallets would count as value traded when measuring the blockchain transaction volume in USD.
replied 1340d
No. This is exchange volume.
replied 1340d
So it's a metric of trading crypto and fiat with an exchange?
replied 1339d
and crypto to crypto.

Also, it doesn't cover what goes on on SmartBCH. If it did, the number would be even higher.