Some guy thinks the dollar is the only currency and bitcoin doesn’t fork

Pattart

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Quote from: rafi035 on November 25, 2018, 07:31:07 PM

Quote from: 3acaga on November 11, 2018, 03:45:12 PM

In fiat money, the dollar is the alpha currency in the world at the moment.
As soon as the dollar collapses - much more people will start to believe in Bitcoin, and then we will get a rise.

maybe what you say can happen because there are no developments and technology that can ensure its development, we can only take advantage of every opportunity we will get

I think it's almost impossible to make a dollar collapse? dollar users cover the entire world, arguably the dollar is the world currency, the demand is very high. besides that even if the dollar is a colapse, the next option is not bitcoin but other conventional currencies such as GBP or Yuan, but bitcoin might just take part just need time and but not to be the main #imo

o_e_l_e_o

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Quote from: Kiweikoo on November 27, 2018, 01:04:47 AM

Some of these YouTubers irritate me. The things they say doesn’t make any sense, they just want to record themselves and put in YouTube while they say what’s not really making any sense. I don’t even spend my internetdata on YouTube watching all this, not when there are helpful articles to read online.

"Some of these YouTubers". You maybe want to watch the video before completely writing it off - its Warren Buffet, the third richest man in the world, not just some random "YouTuber".

It is definitely worth listening to what he has to say. Sure, we may disagree with his views, but you have to listen to them and formulate sound and reasoned arguments to refute them. You can't just ignore everything he has to say or write it off as "FUD" as some people in this thread seem to be doing. The man didn't get to his current position by being an idiot.

fipper

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Quote from: 3acaga on November 11, 2018, 03:45:12 PM

In fiat money, the dollar is the alpha currency in the world at the moment.
As soon as the dollar collapses - much more people will start to believe in Bitcoin, and then we will get a rise.

the possibility of your opinion will happen we all can't find out because in my opinion crypto currency was created with the development of time and technology along with the times and the exact technology of crypto currencies will develop also does not rule out the possibility of shifting fiat currencies

Altf4

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If other thinks that dollar is the only currency and bitcoin does not fork, I could say that they have only their own opinion and I will disagree with it, bitcoin is also a kind of currency but only it is digital but it fan also fork as other do not agree with it, so even if this is only a digital currency but , it still working the same as fiat and dollar currency.

zoeylee

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Semi-Decentralized Exchange

In my opinion, we cannot deny the fact that dollar has really influenced the world economy. Sometimes we must not be ignorant of whats happening in our present world so us not to be fooled by anyone.

Kiweikoo

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Quote from: jackg on November 11, 2018, 11:54:33 AM

https://m.youtube.com/watch?v=uP6ATdAxuZw

This amuses me, watch him between 2-6 minutes on this video.
He clearly has no idea as to what bitcoin is or what a bitcoin fork is.

He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in Grin

.

You already said it all, so I’m not going to click that link, cause clicking it would be a waste of my time and listening to something that doesn’t make any sense.

Some of these YouTubers irritate me. The things they say doesn’t make any sense, they just want to record themselves and put in YouTube while they say what’s not really making any sense. I don’t even spend my internetdata on YouTube watching all this, not when there are helpful articles to read online.

kingvirtus09

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Bitcoin has supply of 21million and demand could be higher if the size of block adjusted. Money has no definite supply this is the problem of the entire world especially U.S.A that they have 23 trillion debt.

rafi035

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Quote from: 3acaga on November 11, 2018, 03:45:12 PM

In fiat money, the dollar is the alpha currency in the world at the moment.
As soon as the dollar collapses - much more people will start to believe in Bitcoin, and then we will get a rise.

maybe what you say can happen because there are no developments and technology that can ensure its development, we can only take advantage of every opportunity we will get

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: cellard on November 24, 2018, 03:04:40 PM

For some reason, a lot of people cannot grasp the concept of a Bitcoin fork, they often believe that when a Bitcoin fork occurs, the total supply of Bitcoin is increased.

So basically, Bitcoin cash forks into a new coin that has 21 million coins, suddenly noobs believe that means Bitcoin now has 42 million coins. No matter how many times you explain to them that increasing total supply of X doesn't change total supply of Y, they think there was inflation there.

I’ve seen. Lot of that. I’ve never been unsuccessful at explaining it. I think my fastest has to be 30 seconds (because he’s heard the names bitcoin and dogecoin and knew their prices were a lot different). The longest it probably took was a few hours on and off...

Don’t leave people assuming there are billions of bitcoins! Especially since the supplies of dogecoin and litecoin are infinite.

cellard

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For some reason, a lot of people cannot grasp the concept of a Bitcoin fork, they often believe that when a Bitcoin fork occurs, the total supply of Bitcoin is increased.

So basically, Bitcoin cash forks into a new coin that has 21 million coins, suddenly noobs believe that means Bitcoin now has 42 million coins. No matter how many times you explain to them that increasing total supply of X doesn't change total supply of Y, they think there was inflation there.

South Park

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I am terrible at Fantasy Football!!!

Quote from: jackg on November 11, 2018, 11:54:33 AM

https://m.youtube.com/watch?v=uP6ATdAxuZw

This amuses me, watch him between 2-6 minutes on this video.
He clearly has no idea as to what bitcoin is or what a bitcoin fork is.

He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in Grin

.

That is what happens when someone doesn't have knowledge about something but believes it does, it gives explanations about a topic that he doesn't understand but the problem is that those that are looking for knowledge cannot tell the difference between the information that is correct and the one that is false, so it is likely that he's going to convince many people that he is right.

DedgeDoge

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Quote from: airdropcoin on November 18, 2018, 02:33:03 AM

Although the US dollar is now a strong coin, it does not mean that the US dollar will continue to be strong in the future. It is an unequal performance to know that the US dollar is compressing the world's economies. Humans need real free trade to develop better.

Of course it cannot stay strong forever. The strength is primarily determined by the demand for the dollar and this will break if China and Russia completely diverted their trading medium from Dollars to their own currency.

Joand_or

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Quote from: FlightyPouch on November 17, 2018, 09:06:31 AM

Quote from: Andrea9000 on November 17, 2018, 08:57:31 AM

He propagates his ideas or just wants to make a high-rise, raise reviews and earn even this. Do not pay attention to such people. Judging by the fact that you wrote about this post, you very much offended it

But even he posted this here in the forum, it is already in the television, it is a news and people would already view that interview and people or viewers will believe that it is true since he is there. Even if we know that it is false, what can we do now? It is already viewed by a lot of people and instead of saying this to us, post this somewhere that can be seen by a lot of people that is believing that news so they will know.

Hahaha absolutely we are listening this for like ten years. Till the first day of bitcoin entered international market, there are propagandas working to pinch bitcoin down and they are doing their work.

Big-bigger-bitcoin

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Quote from: zacad on November 15, 2018, 04:17:51 AM

This is obviously wrong. The US dollar will quickly depreciate in the next 1-2 years. Americans should not be so selfish. Now it is a peaceful era. There is no need to control the global economy. It should be fairer and more free.

Well I think that USD is very strong because it has high demand and it can only get broken if all the countries reduce demand for USD and not just China or Iran. So the fact that whether dollar will depreciate or not depends on the US policies.

Sengoko

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Quote from: jackg on November 11, 2018, 11:54:33 AM

https://m.youtube.com/watch?v=uP6ATdAxuZw

This amuses me, watch him between 2-6 minutes on this video.
He clearly has no idea as to what bitcoin is or what a bitcoin fork is.

He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in Grin

.

Social media is just giving a lot of people the chance to display their stupidity to the world, lol. All they have to do is get a camera and a laptop and they are set to go. They will just wake up to record whatever nonsense that comes to their mind and upload to YouTube and I’m very sure that some people will like that video and also subscribe to his channel lmao.

setialovers

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US Dollar used for transaction in the world but the purchasing power always decrease. I am prefer choosing bitcoin because its digital cryptocurrency and we can use it as payment like money too.
I am believe US Dollar will losing the domination in the world but bitcoin will expand in near future

Dudeperfect

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Sadly most of the people build their perception based on the other's opinion (especially when it is something about new innovation). Even today, there are the people who would believe such Youtubers just considering the fan following of those channels. It's implied trust which might or might not be true while explaining new innovations or concepts. As a user and well wisher of the crypto industry, I believe that we should focus more on explaining the fundamentals of crypto to those who are willing to explore it instead of wasting time on absent-minded criticism.

babarian

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who thinks like that? some exchangers in my country have received exchange of bitcoin with FIAT currency in our country. not only is the dollar the only currency

fullhdpixel

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Quote from: jackg on November 11, 2018, 11:54:33 AM

https://m.youtube.com/watch?v=uP6ATdAxuZw

This amuses me, watch him between 2-6 minutes on this video.
He clearly has no idea as to what bitcoin is or what a bitcoin fork is.

He compares bitcoin to say it keeps following the dollar based on the price people set things at, however, that’s just funny because it’s like saying the Euro, yen and pound sterling don’t exist as a real currency because our price also gets translate for things like oil from the American price of the dollar and even the place it was originally mined in Grin

.

I don't really think that chart gives any credit to US dollar at all. Think about inflation, do you still expect
everything to be as cheap as 1913 times? I mean I am not a finance expert but all around the world the money we use daily loses value no matter in which country you are. Some of those currencies lost value much faster than US Dollar.

I just think maybe the pace was a bit much or maybe it was alright but I definitely believe that US Dollar can't just sustain its value over years, we are talking about 100 years of history just with the same amount is not possible. I hope inflation is always low of course, I just wish inflation was as minimum as possible, but it is impossible for inflation to be non existent, even with small numbers it always happens.

airdropcoin

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Although the US dollar is now a strong coin, it does not mean that the US dollar will continue to be strong in the future. It is an unequal performance to know that the US dollar is compressing the world's economies. Humans need real free trade to develop better.

Topic: Some guy thinks the dollar is the only currency and bitcoin doesn’t fork (Read 646 times)