Do You Think Bitcoin Will Replace Dollar Soon? - page 184.

goinmerry

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Quote from: rescue1122 on October 10, 2016, 10:45:39 AM

i hope that a time will come when bitcoin will replace Dollar but not so soon.

I think it will but like you said not so soon. Oh and there is a low percentage that it will be bitcoin. I think it will be another currency or they will adapt with their allied countries to build a one currency for their own benefit.

rescue1122

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i hope that a time will come when bitcoin will replace Dollar but not so soon.

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Quote from: traderethereum on October 10, 2016, 10:19:59 AM

i don't think so because until now, the government still not make any decision about bitcoin is legal or not and we can still use bitcoin but with our own risk. maybe in future bitcoin can replace dollar, but its only my prediction. i only hope that the price of bitcoin will be increase Grin

yeah and people are so used to using paper dollar their entire lives that other alternatives would be unpopular and not easily accepted. it's possible in the near future that more people would be using bitcoin but not to the point that paper dollar will be replaced by it

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Quote from: traderethereum on October 10, 2016, 10:19:59 AM

i don't think so because until now, the government still not make any decision about bitcoin is legal or not and we can still use bitcoin but with our own risk. maybe in future bitcoin can replace dollar, but its only my prediction. i only hope that the price of bitcoin will be increase Grin

there is no need to think about this. governments will never allow something to take over that is capable of bringing their economy in danger. they will never allow bitcoin to come close to banks or any other fiat currency. at that moment governments will come in action to push bitcoin back as far as possible.

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i don't think so because until now, the government still not make any decision about bitcoin is legal or not and we can still use bitcoin but with our own risk. maybe in future bitcoin can replace dollar, but its only my prediction. i only hope that the price of bitcoin will be increase Grin

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Quote from: freedomgo on October 10, 2016, 12:22:00 AM

Quote from: pocarime32 on October 09, 2016, 11:11:49 PM

I don't think so, it will takes a long time for bitcoin to replace the dollar. Dollar is already popular since a long time and to replace it, bitcoin need something new and bitcoin to make more people to use bitcoins.

It will not take a long time because it will never happen, bitcoin is just a small amount of currency in overall and that can be proven by the number of users of bitcoin, being a small community but growing we have a great chance to be successful in the future but it can never replace dollar.

I do believe that it is not going to happen that bitcoin will replace dollar. Because as we know people are always relying to the fiat money as with dollars do.

The world needs to be educated first about bitcoin before we are going to have assurance that bitcoin is going to replace dollar.

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Quote from: pocarime32 on October 09, 2016, 11:11:49 PM

I don't think so, it will takes a long time for bitcoin to replace the dollar. Dollar is already popular since a long time and to replace it, bitcoin need something new and bitcoin to make more people to use bitcoins.

It will not take a long time because it will never happen, bitcoin is just a small amount of currency in overall and that can be proven by the number of users of bitcoin, being a small community but growing we have a great chance to be successful in the future but it can never replace dollar.

pocarime32

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I don't think so, it will takes a long time for bitcoin to replace the dollar. Dollar is already popular since a long time and to replace it, bitcoin need something new and bitcoin to make more people to use bitcoins.

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Quote from: a7mos on October 09, 2016, 02:15:53 PM

Quote from: iqlimasyadiqa on October 09, 2016, 07:23:15 AM

I am not sure . dollar and fiat currencies still has its own strength. I think bitcoin and the dollar could together build a system in the world economy. dollar became the main media in the real world and bitcoin as the main currency in the digital world.

Dollar is only depending on the petro-dollar system and once it falls, dollar may collapse. it is just a matter of time before that happen. but bitcoin wont replace it. a new fiat currency will emerge and people will trust it again

I think that is not possible for the people are going to keep on using dollar as they are able to use it for a long time until now.

And it is going to be a culture shock if the government is able to replace the use of dollar immediately.

Because not all the persons who uses dollar will able to use bitcoin immediately if that is going to be implemented.

a7mos

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Quote from: iqlimasyadiqa on October 09, 2016, 07:23:15 AM

I am not sure . dollar and fiat currencies still has its own strength. I think bitcoin and the dollar could together build a system in the world economy. dollar became the main media in the real world and bitcoin as the main currency in the digital world.

Dollar is only depending on the petro-dollar system and once it falls, dollar may collapse. it is just a matter of time before that happen. but bitcoin wont replace it. a new fiat currency will emerge and people will trust it again

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Quote from: sobsitesearch on October 09, 2016, 06:06:04 AM

Quote from: Noctis Connor on October 09, 2016, 05:53:07 AM

Quote from: Ismay on October 06, 2016, 07:46:29 AM

Quote from: Noctis Connor on October 06, 2016, 07:45:06 AM

Quote from: Huobi-USD on July 29, 2015, 02:13:36 AM

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

Well USD dollar will never replace bitcoin as the main currency of the united states even there are more users who uses bitcoin in there country bitcoin is always depending on the usd dollar so it has a price but if usd dollar will be dead probably the bitcoin will be dead as well soon and the future of bitcoin has big difference

If the bitcoin is used widely in other countries, the American people will also use the bitcoin a lot. It will take some time though.

True but American people now are using bitcoin for there daily expenses i think there are some or few online store that accepting bitcoin as a payment and they adopting it so that they could use it into another shop also hopeso that bitcoin can be use worldwide and it can be a currency too

Dollar is the main currency in the US and it would much usable to them and bitcoin is just alternative currency that not all people can use since not all people in the world can access it online. We should always consider the status of every people in each country.

let it go a hope to see bitcoin replacing dollar, it will not coming true. but because with bitcoin we can access by online it will worth for used as a alternative currency.

dollarneed

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Quote from: goinmerry on October 09, 2016, 09:18:46 AM

Even if it goes down in terms of value I doubt they will change it. It is like preservation of their history. Maybe they will just find another way to make USD stronger again. It can be done for they have a lot to export and can do some deals with other countries.

As long as the government have the power there is no opportunity for bitcoin, there is no way for them to accept decentralized currency like bitcoin as an official currency and replaced the dollar, since they cant control it, however the government and bank are interested with technology behind bitcoin the blockchain, it possible for them to adopt it in order to change their traditional system.

wowanstrong

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I think both currencies remain. Bitcoin will occupy a niche and a centralized currency - its. There are many opponents of Bitcoin. Even at the government level. Therefore, Bitcoin does not take the place of the dollar

goinmerry

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Even if it goes down in terms of value I doubt they will change it. It is like preservation of their history. Maybe they will just find another way to make USD stronger again. It can be done for they have a lot to export and can do some deals with other countries.

springgers

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Quote from: Noctis Connor on October 09, 2016, 05:53:07 AM

Quote from: Ismay on October 06, 2016, 07:46:29 AM

Quote from: Noctis Connor on October 06, 2016, 07:45:06 AM

Quote from: Huobi-USD on July 29, 2015, 02:13:36 AM

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

Well USD dollar will never replace bitcoin as the main currency of the united states even there are more users who uses bitcoin in there country bitcoin is always depending on the usd dollar so it has a price but if usd dollar will be dead probably the bitcoin will be dead as well soon and the future of bitcoin has big difference

If the bitcoin is used widely in other countries, the American people will also use the bitcoin a lot. It will take some time though.

True but American people now are using bitcoin for there daily expenses i think there are some or few online store that accepting bitcoin as a payment and they adopting it so that they could use it into another shop also hopeso that bitcoin can be use worldwide and it can be a currency too

Some stats started to ban Bitcoin in USA, so Bitcoin will never replace dollar or any other currency since governments rules we all.

There's only one place for Bitcoin: the internet!

iqlimasyadiqa

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I am not sure . dollar and fiat currencies still has its own strength. I think bitcoin and the dollar could together build a system in the world economy. dollar became the main media in the real world and bitcoin as the main currency in the digital world.

sobsitesearch

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Quote from: Noctis Connor on October 09, 2016, 05:53:07 AM

Quote from: Ismay on October 06, 2016, 07:46:29 AM

Quote from: Noctis Connor on October 06, 2016, 07:45:06 AM

Quote from: Huobi-USD on July 29, 2015, 02:13:36 AM

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

Well USD dollar will never replace bitcoin as the main currency of the united states even there are more users who uses bitcoin in there country bitcoin is always depending on the usd dollar so it has a price but if usd dollar will be dead probably the bitcoin will be dead as well soon and the future of bitcoin has big difference

If the bitcoin is used widely in other countries, the American people will also use the bitcoin a lot. It will take some time though.

True but American people now are using bitcoin for there daily expenses i think there are some or few online store that accepting bitcoin as a payment and they adopting it so that they could use it into another shop also hopeso that bitcoin can be use worldwide and it can be a currency too

Dollar is the main currency in the US and it would much usable to them and bitcoin is just alternative currency that not all people can use since not all people in the world can access it online. We should always consider the status of every people in each country.

Noctis Connor

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Quote from: Ismay on October 06, 2016, 07:46:29 AM

Quote from: Noctis Connor on October 06, 2016, 07:45:06 AM

Quote from: Huobi-USD on July 29, 2015, 02:13:36 AM

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

Well USD dollar will never replace bitcoin as the main currency of the united states even there are more users who uses bitcoin in there country bitcoin is always depending on the usd dollar so it has a price but if usd dollar will be dead probably the bitcoin will be dead as well soon and the future of bitcoin has big difference

If the bitcoin is used widely in other countries, the American people will also use the bitcoin a lot. It will take some time though.

True but American people now are using bitcoin for there daily expenses i think there are some or few online store that accepting bitcoin as a payment and they adopting it so that they could use it into another shop also hopeso that bitcoin can be use worldwide and it can be a currency too

freedomgo

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Quote from: madwica on October 08, 2016, 10:12:52 PM

Quote from: goldcoinminer on October 08, 2016, 09:48:07 PM

Quote from: Doamader on October 08, 2016, 05:25:57 PM

Quote from: BeGoods on October 08, 2016, 04:41:53 PM

Quote from: gkv9 on October 08, 2016, 03:37:39 PM

Quote from: MaritiJames3 on October 08, 2016, 12:46:17 PM

I see many possibilities for bitcoin but replacing a strong currency like the US dollar. No that's not what bitcoin is capable to do so. At least at his moment. Because most investors are very patiently waiting if bitcoin even will get some stability

Bitcoin is already stable currently and growing steadily towards high values, so I don't think that you will get that kind of "dormant" stability if you are expecting it from this, because this ain't a controlled but free market, where it is free to rise and fall too...

I think bitcoin does not have any possibility to change the currency of a country, because it will depend on the government in a country, but bitcoin has the possibility and potential to become a global currency and is used by many people in the world, yeah today bitcoin being flourish

Bitcoin werent made to replace anything, it were bringed as an option and allow all who use it to save the fees value between transactions, soo some companies loose some costumers, but people always will choose the best for them. Bitcoin cant replace any currencie, some country might adopt bitcoins as secondary currencie but the limit of 21 milion coins, less the losted and burned coins, cant run a country, even with 1 bitcoin worthing 4000 dollars.

That's for sure, bitcoin is just created to be use as an alternative way to transact online and we are still using fiat to cash out and buy bitcoins, we have to understand that reality and not just saying things that will never happen in the future.

Without currency can replace another currency and also bitcoin is decentralized and dollar is centralize currency how do bitcoin replace dollar? it can't.
Dollar can use for our daily living while bitcoin is not yet accepted in all stores in the world we need to exchange into fiat first before to spend.

They have different features and the good thing is we can benefit on both so why would we wish to replace each other or to make a competition. Dollar is good because it is the strongest fiat in the world and that is the standard currency to measure the value of bitcoins.

madwica

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Quote from: goldcoinminer on October 08, 2016, 09:48:07 PM

Quote from: Doamader on October 08, 2016, 05:25:57 PM

Quote from: BeGoods on October 08, 2016, 04:41:53 PM

Quote from: gkv9 on October 08, 2016, 03:37:39 PM

Quote from: MaritiJames3 on October 08, 2016, 12:46:17 PM

I see many possibilities for bitcoin but replacing a strong currency like the US dollar. No that's not what bitcoin is capable to do so. At least at his moment. Because most investors are very patiently waiting if bitcoin even will get some stability

Bitcoin is already stable currently and growing steadily towards high values, so I don't think that you will get that kind of "dormant" stability if you are expecting it from this, because this ain't a controlled but free market, where it is free to rise and fall too...

I think bitcoin does not have any possibility to change the currency of a country, because it will depend on the government in a country, but bitcoin has the possibility and potential to become a global currency and is used by many people in the world, yeah today bitcoin being flourish

Bitcoin werent made to replace anything, it were bringed as an option and allow all who use it to save the fees value between transactions, soo some companies loose some costumers, but people always will choose the best for them. Bitcoin cant replace any currencie, some country might adopt bitcoins as secondary currencie but the limit of 21 milion coins, less the losted and burned coins, cant run a country, even with 1 bitcoin worthing 4000 dollars.

That's for sure, bitcoin is just created to be use as an alternative way to transact online and we are still using fiat to cash out and buy bitcoins, we have to understand that reality and not just saying things that will never happen in the future.

Without currency can replace another currency and also bitcoin is decentralized and dollar is centralize currency how do bitcoin replace dollar? it can't.
Dollar can use for our daily living while bitcoin is not yet accepted in all stores in the world we need to exchange into fiat first before to spend.

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