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Topic: UPDATE - page 35. (Read 41038 times)

hero member
Activity: 672
Merit: 500
January 25, 2016, 06:48:15 AM
The dollar, or fiat, will always be around. Bitcoin is just going to be like a sub currency if even that. People are just too used to fiat.
correct, for now bitcoin can not stand alone
if you want to use bitcoin to buy something, of course the best way is exchange it to fiat

Bitcoin will be useful if accompanied by dollars and other countries currency. But Conversely dollars can stand itself without bitcoin
legendary
Activity: 1666
Merit: 1001
January 25, 2016, 06:27:31 AM
yes bitcoin will always be a sub currency, its impossible one country is going to throw away the fiat money then change into bitcoin

but eventhough as  a sub currency bitcoin is still play a big part in economic, the more people doing transaction using bitcoin the more stable the bitcoin price will be
hero member
Activity: 490
Merit: 500
January 25, 2016, 06:12:04 AM
The dollar, or fiat, will always be around. Bitcoin is just going to be like a sub currency if even that. People are just too used to fiat.
correct, for now bitcoin can not stand alone
if you want to use bitcoin to buy something, of course the best way is exchange it to fiat
full member
Activity: 221
Merit: 100
January 25, 2016, 05:03:19 AM
The dollar, or fiat, will always be around. Bitcoin is just going to be like a sub currency if even that. People are just too used to fiat.

Or it could be a commodity like oil. Where it is being mined and someday will be emptied. All bitcoin will just be outside used or stored in their wallets. And I bet it will have a great value because of its rareness and more demands.

The bitcoin is different from oil. Oil can be used and depleted. Bitcoin will not be. Its value is dependent on its usefulness.
legendary
Activity: 2940
Merit: 1083
January 22, 2016, 08:38:33 AM
The dollar, or fiat, will always be around. Bitcoin is just going to be like a sub currency if even that. People are just too used to fiat.

Or it could be a commodity like oil. Where it is being mined and someday will be emptied. All bitcoin will just be outside used or stored in their wallets. And I bet it will have a great value because of its rareness and more demands.
legendary
Activity: 1554
Merit: 1054
January 21, 2016, 02:37:52 PM
Bitcoin is easier to use for me than the dollar.

Very superised to hear that. You can use dollar to buy anything. US dollar is the most used drug money.

Bitcoin is good, but Dollar will win the race as it is widely used and widely accepted, and dollar being more traditional have gained trust from the people, comparatively bitcoin is a new currency, and people hesitate in using bitcoin as they are not aware about it, dollar will face competition from bitcoin, but it will never replace dollar.
Yes when I think think you're right because bitcoin is not money, while the dollar is money.
Both have a different role and if I may say both have their world, respectively.
Bitcoin might be menggantika dollar but it takes a lot of changes and a long time

Bitcoin is a real money. You can use that to buy a lot of things. The only problem is that it is not widely accepted. Maybe in 10 year, it will be.

I think Bitcoin was invented as virtual money solution. It is not real money but it still can replace the real dollar, even dollar itself has too a large period to become international currency, comparable to dollar, bitcoin is too much younger, but bitcoin has all the potential and advantages to compete dollar.
hero member
Activity: 560
Merit: 500
January 21, 2016, 01:13:48 PM
I wouldnt say a sub currency and another way to pay besides dollars,that is used everywhere and the most places accept dollar even not being their currency with bitcoins can happen the same but will take a long time to achieve and be everywhere.
sr. member
Activity: 378
Merit: 250
January 21, 2016, 02:29:57 AM
The dollar, or fiat, will always be around. Bitcoin is just going to be like a sub currency if even that. People are just too used to fiat.
legendary
Activity: 1204
Merit: 1000
January 21, 2016, 02:07:10 AM
Dollar is accepted everywhere and many people in the world hold dollar that's why i never think bitcoin can replace dollar in the future.

Bitcoin is both money and investment. US dollar is just money/currency. So Bitcoin is superior to the USD. It will replace USD as reserve currency.

Everything you said is acceptable except one that you said as replacing the USD and taking position as reserve currency. USD dollar has a long back history by which attained this level. But bitcoin evolved only years back which is not that easy to take over USD's place

Exactly, it is really very difficult to replace USD by any majory currency and replacing dollar by a crypto simply impossible, as dollar is traditional and bitcoin is a new born currency, people would  surely use bitcoin as a currency but it would be definitely a secondary currency and dollar will always remain a primary currency.
Bitcoin is new but is has good potential to be one of the most succesful digital (crypto) currency for online transactions, but replacing it can't be because it needs time and needs stabilization.
hero member
Activity: 631
Merit: 500
January 20, 2016, 01:32:39 PM
Dollar is accepted everywhere and many people in the world hold dollar that's why i never think bitcoin can replace dollar in the future.

Bitcoin is both money and investment. US dollar is just money/currency. So Bitcoin is superior to the USD. It will replace USD as reserve currency.

Everything you said is acceptable except one that you said as replacing the USD and taking position as reserve currency. USD dollar has a long back history by which attained this level. But bitcoin evolved only years back which is not that easy to take over USD's place

Exactly, it is really very difficult to replace USD by any majory currency and replacing dollar by a crypto simply impossible, as dollar is traditional and bitcoin is a new born currency, people would  surely use bitcoin as a currency but it would be definitely a secondary currency and dollar will always remain a primary currency.
sr. member
Activity: 687
Merit: 269
January 20, 2016, 08:21:30 AM


Everything you said is acceptable except one that you said as replacing the USD and taking position as reserve currency. USD dollar has a long back history by which attained this level. But bitcoin evolved only years back which is not that easy to take over USD's place

Dollar is strong, they have to quantitative easing it sooner or lather. Otherwise they gonna suffer from trade deficit.

But this will shoot Bitcoin directly to the moon.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
January 20, 2016, 06:26:08 AM
Dollar is accepted everywhere and many people in the world hold dollar that's why i never think bitcoin can replace dollar in the future.

Bitcoin is both money and investment. US dollar is just money/currency. So Bitcoin is superior to the USD. It will replace USD as reserve currency.

Everything you said is acceptable except one that you said as replacing the USD and taking position as reserve currency. USD dollar has a long back history by which attained this level. But bitcoin evolved only years back which is not that easy to take over USD's place
full member
Activity: 221
Merit: 100
January 20, 2016, 06:13:57 AM
Dollar is accepted everywhere and many people in the world hold dollar that's why i never think bitcoin can replace dollar in the future.

Bitcoin is both money and investment. US dollar is just money/currency. So Bitcoin is superior to the USD. It will replace USD as reserve currency.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
January 19, 2016, 11:09:40 AM
Dollar is accepted everywhere and many people in the world hold dollar that's why i never think bitcoin can replace dollar in the future.

Agree with you, dollar is accepted everywhere and now bitcoin is growing more stronger than dollar. Even bitcoin is new, it is widely and commonly used everywhere. According to me Bitcoin can replace dollar but yes it would take some time.

Well, I guess if bitcoin replace the dollar then, the world economy would deteriorate, because the change may not be accepted everyone, probably caused because they do not know bitcoin, or they have so many dollars  Grin
legendary
Activity: 1554
Merit: 1054
January 19, 2016, 10:49:55 AM
Dollar is accepted everywhere and many people in the world hold dollar that's why i never think bitcoin can replace dollar in the future.

Agree with you, dollar is accepted everywhere and now bitcoin is growing more stronger than dollar. Even bitcoin is new, it is widely and commonly used everywhere. According to me Bitcoin can replace dollar but yes it would take some time.
legendary
Activity: 2940
Merit: 1083
January 19, 2016, 08:19:00 AM
Dollars is very strong and no crypto can kill it,even bitcoin.Bitcoin is growing slowly made 7 years and in some more years can be called the gold investment has what happened with gold in the pass.

I agree that dollar is strong but it should not be compared with bitcoin. And that is right also it is like a gold where it so precious that it can be used as an investment and also be hold for more price increase.
sr. member
Activity: 252
Merit: 250
January 19, 2016, 03:08:34 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.
just have somewhich CONCRETE advantages can the people get from BTC,one of that is peopla can use bitcoin as payment and investement,and dollar connot do it.
sr. member
Activity: 714
Merit: 250
January 19, 2016, 12:02:57 AM
Dollars is very strong and no crypto can kill it,even bitcoin.Bitcoin is growing slowly made 7 years and in some more years can be called the gold investment has what happened with gold in the pass.
Yes but if we're talking dollars now again declined. But there are many people in the world realize that the dollar is the base currency throughout the country.
Because the rise or fall of the price of the dollar can affect currency prices in other countries
legendary
Activity: 3052
Merit: 1188
January 18, 2016, 02:34:58 PM
Dollars is very strong and no crypto can kill it,even bitcoin.Bitcoin is growing slowly made 7 years and in some more years can be called the gold investment has what happened with gold in the pass.

Dollars are not strong always, but they seem so usually. If bitcoin gets higher value, then we can see main stream adoption of bitcoin, which may be the end of dollars.
hero member
Activity: 560
Merit: 500
January 18, 2016, 01:20:19 PM
Dollars is very strong and no crypto can kill it,even bitcoin.Bitcoin is growing slowly made 7 years and in some more years can be called the gold investment has what happened with gold in the pass.
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