create account

RE: What is Network Valuation? (And the only chart that matters long-term) by evilmonkey

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @blowmywhistle/re-ashr-what-is-network-valuation-and-the-only-chart-that-matters-long-term-20181202t062613238z

· @evilmonkey ·
WHile I agree on principal on most things. Reality is different to what OP is saying.  Eth seems to be used far more than bitcoin onchain.
properties (22)
authorevilmonkey
permlinkre-blowmywhistle-re-ashr-what-is-network-valuation-and-the-only-chart-that-matters-long-term-20181202t062800196z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
created2018-12-02 06:28:00
last_update2018-12-02 06:28:00
depth2
children1
last_payout2018-12-09 06:28:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length138
author_reputation1,781,240,850,067
root_title"What is Network Valuation? (And the only chart that matters long-term)"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id76,229,843
net_rshares0
@ashr ·
Hi @evilmonkey, you seem to be confusing tx volume with # of users:
Tx volume:
https://bitinfocharts.com/comparison/transactions-btc-eth-eos.html#1y
Unique active addresses:
https://bitinfocharts.com/comparison/activeaddresses-btc-eth.html

Also, as noted in my comment to "blowmywhistle", the only chain doing more is ETH and there are subnetworks that use the ETH chain that have their own valuation. It's backwards to consider all tx on ETH to go towards the ETH network value and therefore ETH price when there are countless other on chain currencies that dilute the value. To get a good idea of the ETH network valuation, you'd have to total the value of ALL on chain currencies.
👍  
properties (23)
authorashr
permlinkre-evilmonkey-re-blowmywhistle-re-ashr-what-is-network-valuation-and-the-only-chart-that-matters-long-term-20181202t134235597z
categorybitcoin
json_metadata{"tags":["bitcoin"],"users":["evilmonkey"],"links":["https://bitinfocharts.com/comparison/transactions-btc-eth-eos.html#1y","https://bitinfocharts.com/comparison/activeaddresses-btc-eth.html"],"app":"steemit/0.1"}
created2018-12-02 13:42:36
last_update2018-12-02 13:42:36
depth3
children0
last_payout2018-12-09 13:42:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length684
author_reputation764,947,903,545
root_title"What is Network Valuation? (And the only chart that matters long-term)"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id76,243,115
net_rshares2,484,289,265
author_curate_reward""
vote details (1)