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Topic: If Bitcoin goes up, they're worth more dollars.. - page 2. (Read 1750 times)

sr. member
Activity: 280
Merit: 250
Sad thing is without fiat bitcoin has no value. You can't use bitcoin if the usd has no price
WTF? Bitcoin is a currency, mate. It's completely independent from USD. Seriously I can't make sense out of what you're trying to say there.
Yes the bitcoin is independent by its self but to convert them you need usd.
That's what he is trying to say, if the dollars falls there are no worries, we have the eur.
hero member
Activity: 2016
Merit: 721
Sad thing is without fiat bitcoin has no value. You can't use bitcoin if the usd has no price
WTF? Bitcoin is a currency, mate. It's completely independent from USD. Seriously I can't make sense out of what you're trying to say there.
full member
Activity: 182
Merit: 100
Pollak
If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool

I do not think that will happen. You should check how big dollars.
For it is also a lot of work and people do not even know how Bitcoin works.
legendary
Activity: 889
Merit: 1013
Sad thing is without fiat bitcoin has no value. You can't use bitcoin if the usd has no price
Nope, I have bought objects for bitcoin without agreeing a fiat price. Bitcoin is just another currency, albeit a volatile one.
sr. member
Activity: 451
Merit: 250
If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool
i dont understand what is the question do you mean, dollars is fiat currency it will different with bitcoin. so if you not hold bitcoins what is the problem for you.

im guessing op isnt at his best with maths , or logic , for that matter, but whatever sails his boat i guess.
It seams that he's 50-50%, (fiat-crypto) where one side from that investment will be proven as a bad one, ill let you guess which one Smiley
legendary
Activity: 1512
Merit: 1012
If Bitcoin goes down my dollars are worth more Bitcoins.

If Bitcoin goes up, your dollars is DEAD ... because the majority want FIAT money to buy exotic car.
And then, economy collapse.

Bitcoin win.

member
Activity: 107
Merit: 10
If he's buying some every month or so, then price is down, he gets more bitcoin for his dollar.
Its good if in the long run bitcoin price is much higher.
hero member
Activity: 714
Merit: 500
Me, myself and I
If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool
i dont understand what is the question do you mean, dollars is fiat currency it will different with bitcoin. so if you not hold bitcoins what is the problem for you.
member
Activity: 112
Merit: 10
I have a 50/50 change of winning the lottery, either I do or I don't !
legendary
Activity: 4522
Merit: 3183
Vile Vixen and Miss Bitcointalk 2021-2023
This is probably the second dumbest thing I have ever read on the Speculation board, and that's saying a lot.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
Well that certainly is a rosy way of looking at your bitcoin investment.   Wink

I think I should probably look at the stocks I own that way.  When they go up in value, they're worth more fiat.  When they go down in value...wait, what? 

Nevermind, I can't think like that.
hero member
Activity: 574
Merit: 500
Sad thing is without fiat bitcoin has no value. You can't use bitcoin if the usd has no price
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool

This only works if you're only observing those two options, and it's only imaginary co-relation. Even in the case where your assets are 50-50,
you can not gain value looking at it that way.

On the other hand, i'm personally only interested in the amount of bitcoins i have, and not their value vs fiat. Fiat is a ticking bomb long term,whereas bitcoin
at least has a chance.
legendary
Activity: 1946
Merit: 1007
That is one way of looking at it Tongue

Depends on what your end goal is and how you want to use them. If you split it and buy and sell regularily it might work out for you.
newbie
Activity: 9
Merit: 0
If Bitcoin goes down my dollars are worth more Bitcoins.

Either way i'm winning. Cool
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