UPDATE - page 12. | Bitcointalksearch.org

CiaraB

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Quote from: qiwoman2 on April 08, 2016, 03:58:06 AM

MOST FIAT currency especially the U.S dollar i produced by debt and the more the debt rises, the more dollars have to be printed to sustain the debt whereas bitcoin is 100% debt free and solvent so in my eyes as a long term investment bitcoin wins hands down and the more peeps start dumping the dollar, the more bitcoin gains trust and momentum.

The government keeps printing money to create inflation so the money doesn't outgrow the economy. Otherwise people would hoard their cash as it's value rises with deflation.

Deflation is terrible for an economy.

vero

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Quote from: Vaskiy on April 08, 2016, 08:56:56 AM

Quote from: jt byte on April 08, 2016, 04:52:32 AM

Quote from: n0ne on April 07, 2016, 05:30:17 AM

Quote from: ?? on ??

1 Bitcoin = 400+ Dollar

We all know who won the contest, surely BTC

In terms of price bitcoin might have defeated. Lot more to go, we need to get more acceptance which at present is experienced high for dollar.

Dollar is useless in the future, everything now will be more digital and that is perfect for Bitcoin because Bitcoin is digital money so you can use it much easier than Dollars.
Both are a bug currency but the thing is which one will exist longer in the future and that is on this moment and later Bitcoin, you already see that Bitcoin is being more used.

But we talk about after some 10 years, it is not possible that it can happen soon because a lot of people dont even know how Bitcoin works on this moment.

That's right, if we see the people around us not even 1% aware of bitcoin. Then how dollar become a useless thing? It won't happen in any days as it is world's currency. May be in future bitcoin will shine and spread everywhere but dollar won't be levelled down, it will be the same as such.

Do you mean maybe one day bitcoin can stay on same level with dollar, it will not happened. in my opinion bitcoin never win with the top 5 currencies.

Vaskiy

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Quote from: jt byte on April 08, 2016, 04:52:32 AM

Quote from: n0ne on April 07, 2016, 05:30:17 AM

Quote from: ?? on ??

1 Bitcoin = 400+ Dollar

We all know who won the contest, surely BTC

In terms of price bitcoin might have defeated. Lot more to go, we need to get more acceptance which at present is experienced high for dollar.

Dollar is useless in the future, everything now will be more digital and that is perfect for Bitcoin because Bitcoin is digital money so you can use it much easier than Dollars.
Both are a bug currency but the thing is which one will exist longer in the future and that is on this moment and later Bitcoin, you already see that Bitcoin is being more used.

But we talk about after some 10 years, it is not possible that it can happen soon because a lot of people dont even know how Bitcoin works on this moment.

That's right, if we see the people around us not even 1% aware of bitcoin. Then how dollar become a useless thing? It won't happen in any days as it is world's currency. May be in future bitcoin will shine and spread everywhere but dollar won't be levelled down, it will be the same as such.

Superways

hero member

Activity: 826

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You are true we need bitcoin, so that a family can also be supported by getting a good job for bitcoin transactions etc. The dollar is a fiat for a nation(USA) and is supported for the success of USA only while bitcoin is an international currency and is a currency of all people around the world.

jt byte

hero member

Activity: 994

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Quote from: n0ne on April 07, 2016, 05:30:17 AM

Quote from: ?? on ??

1 Bitcoin = 400+ Dollar

We all know who won the contest, surely BTC

In terms of price bitcoin might have defeated. Lot more to go, we need to get more acceptance which at present is experienced high for dollar.

Dollar is useless in the future, everything now will be more digital and that is perfect for Bitcoin because Bitcoin is digital money so you can use it much easier than Dollars.
Both are a bug currency but the thing is which one will exist longer in the future and that is on this moment and later Bitcoin, you already see that Bitcoin is being more used.

But we talk about after some 10 years, it is not possible that it can happen soon because a lot of people dont even know how Bitcoin works on this moment.

qiwoman2

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Activity: 2114

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MOST FIAT currency especially the U.S dollar i produced by debt and the more the debt rises, the more dollars have to be printed to sustain the debt whereas bitcoin is 100% debt free and solvent so in my eyes as a long term investment bitcoin wins hands down and the more peeps start dumping the dollar, the more bitcoin gains trust and momentum.

hendra147

hero member

Activity: 644

Merit: 509

just my simple opinion at this time 1Bitcoin = $420, so we can buying a ton of pizza with 1BTC but we can't buying 1 pack pizza with $1..

so bitcoin is the winner Roll Eyes

Kartikay

full member

Activity: 210

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Bitcoins are non taxable in most of the countries which is boon to normal families as it will save money to some extent.
Moreover transaction costs of bitcoins are minimal as compared to fiat transaction charges. These are two of biggest advantages for normal families.

justdimin

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Actually I convert my Bitcoins to dollars to spend them, I will give 50-50% to both of USD and BTC , because one is best and at the same time it survives because of next.

ronaldinho_07

sr. member

Activity: 476

Merit: 250

Quote from: betohell on April 07, 2016, 01:09:27 AM

Quote from: nejibens on April 01, 2016, 10:27:04 AM

I prefer to use Bitcoin instead fiat and Dollar, but in fact we found ourselves forced to use Dollar a lot more than using Bitcoin

of course we will choose bitcoin. because throughout my income is in bitcoin. but the state should tell us to use the fiat or dollar
and inevitably have to use dollars.

Well my local currency play a lot with dollar,in fact it has achieved something like 30% valorization against the currencie i live,people save their money at dollar here as well banks allow anyone to do that for a cost.Bitcoin well its bitcoin with several advantages against any currencie besides being worth 400 dollars 1 bitcoin,but they arent competitors both are options to invest and save your money.

Icathia

sr. member

Activity: 364

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Bitcoin as great as it is is not on the level of the Dollar. So many people make use of the dollar. The fact that the dollar has paper money gives it a advantaged you can pay at all time. You can pay only online with Bitcoin.

stellgod

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I think I always convert my BTC to USD so I cannot compare between them really.

n0ne

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Quote from: ?? on ??

1 Bitcoin = 400+ Dollar

We all know who won the contest, surely BTC

In terms of price bitcoin might have defeated. Lot more to go, we need to get more acceptance which at present is experienced high for dollar.

betohell

sr. member

Activity: 476

Merit: 250

Quote from: nejibens on April 01, 2016, 10:27:04 AM

I prefer to use Bitcoin instead fiat and Dollar, but in fact we found ourselves forced to use Dollar a lot more than using Bitcoin

of course we will choose bitcoin. because throughout my income is in bitcoin. but the state should tell us to use the fiat or dollar
and inevitably have to use dollars.

goinmerry

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Activity: 2940

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Quote from: nejibens on April 01, 2016, 10:27:04 AM

I prefer to use Bitcoin instead fiat and Dollar, but in fact we found ourselves forced to use Dollar a lot more than using Bitcoin

Due to lack of bitcoin acceptance in market?

Been a problem for quite a while and still a problem. I dont know if next year will be a good one. Businesses that will open and accept bitcoin will be a great deal for us.

ronaldinho_07

sr. member

Activity: 476

Merit: 250

No one is forced to use any currency if you born at Europe you will use euro as its their country,later you can choose to work with bitcoin or even dollars,with skills you choose the currency you will get paid.Bitcoin is just another option isnt here to replace any currencie.

n0ne

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Quote from: Boosterious on April 06, 2016, 08:28:42 AM

Quote from: nejibens on April 01, 2016, 10:27:04 AM

I prefer to use Bitcoin instead fiat and Dollar, but in fact we found ourselves forced to use Dollar a lot more than using Bitcoin

yup,currecntly we forced to used dollar or cash money more than using bitcoin,its why expert always developing many thing related bitcoin,they looking for way to make bitcoin easy to use and more adopted by people.

We were not at all forced to use any of the specific currency. Each has got the highest possibility to use their own country currency. Now bitcoin has made it wider and continues to support users with more bitcoin accepting shops.

BitHodler

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Quote from: Vaskiy on April 06, 2016, 04:35:10 AM

Quote from: BitHodler on April 06, 2016, 03:57:51 AM

Quote from: Newcoins2020 on April 06, 2016, 03:44:10 AM

Quote from: Altcoinsupporter on April 06, 2016, 03:01:18 AM

A lot of people is using both, but if you want to know which one will longer exist in the future than you will know that Bitcoin will have a better future because that is digital money.
And if you can buy more things online than Dollar will be maybe useless after some 20 years and indeed there are of course a lot of people that will still use Dollar.

They use Dollar with some reasons, it can be that they dont like to use Bitcoin or they dont trust it.

Indeed, the bitcoin has a better future because its digital but I think this can also be a disadvantage because its only digital and banks and other currency's will be both in the future so I do not know what to expect honestly.
I think the dollar will win because its just too big and the bitcoin is depending on the dollar, without the dollar the bitcoin will lower in price.

Nowadays people in well developed countries are using their smartphones to pay for stuff everywhere. It basically makes fiat some sort of a digital currency as well.

Dollar vs Bitcoin doesn't exist since Bitcoin needs the Dollar since it's tied to that currency at the moment. Everything in the world is tied to the Dollar. It's Bitcoin that depends on Dollar and not the other way around.

it's not that bitcoin always depends on the dollar, most people around the world use both because may be after years when everything can be bought under online, people use bitcoin for online purchases. The only thing matters is bitcoin is digital currency and dollar is real money.

Tell me, in what cases does Bitcoin not depend on the Dollar?

In every part of the market where you can buy things with Bitcoin the product is tied to a Dollar value.

Boosterious

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The mind is everything. What you think you become.

Quote from: nejibens on April 01, 2016, 10:27:04 AM

I prefer to use Bitcoin instead fiat and Dollar, but in fact we found ourselves forced to use Dollar a lot more than using Bitcoin

yup,currecntly we forced to used dollar or cash money more than using bitcoin,its why expert always developing many thing related bitcoin,they looking for way to make bitcoin easy to use and more adopted by people.

CiaraB

newbie

Activity: 14

Merit: 0

Quote from: kaselit on October 28, 2015, 11:34:56 AM

So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?

Particular, which CONCRETE advantages can the people get from BTC?

Thank you.

Deflation will begin when production of bitcoin gets low enough. That's why banks are always slowly printing money, to stop deflation occurring as it's terrible for the economy.

Also, It's the reason bitcoin can only last (at maximum) until shortly after the last one is mined as it will start to deflate and become technically worth less as it can't be used after it dramatically outgrows the economy.

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