UPDATE - page 41. | Bitcointalksearch.org

Bazelak

full member

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Quote from: bob123 on November 29, 2015, 02:53:56 PM

With Bitcoin being a Cryptocurrency.. there is no central institution which holds your money.
You are the lonely holder of your money.. and you can send it to a private person without the need of any 3rd Party.

Easy Payments, easy and fast confirmations.. i think thats what makes Bitcoin as a cryptocurrency better than Fiat currencies..

Your arguments only holds if you do not use the web wallet. With the large size of block chain, more people are not using core client.

Racey

legendary

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Soon, I have to go away.

Quote from: caliboy37 on November 29, 2015, 12:47:39 PM

Dollar win! Dollar is accepted everywhere and can be exchange on any money.

Maybe it is in your opinion, but the Federal Reserve just keeps on printing it, how long do you think this can last.

wikenpp

hero member

Activity: 672

Merit: 500

Quote from: caliboy37 on November 29, 2015, 12:47:39 PM

Dollar win! Dollar is accepted everywhere and can be exchange on any money.

Just this.

Everybody in the world (should) know about the dollar. Bitcoin is too new. Therefore you can't use it. And fact is most of the common people will not want your bitcoins, since they are affilated with criminals.

Maybe in 5-10 years this will change.

ivanst776

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Quote from: caliboy37 on November 29, 2015, 12:47:39 PM

Dollar win! Dollar is accepted everywhere and can be exchange on any money.

You mentioned a reason but i would consider both bitcoin and dollar as winners, but i would choose bitcoin before dollars, but we are more limited here.

bob123

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Activity: 1624

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With Bitcoin being a Cryptocurrency.. there is no central institution which holds your money.
You are the lonely holder of your money.. and you can send it to a private person without the need of any 3rd Party.

Easy Payments, easy and fast confirmations.. i think thats what makes Bitcoin as a cryptocurrency better than Fiat currencies..

wikenpp

hero member

Activity: 672

Merit: 500

Quote from: caliboy37 on November 29, 2015, 12:47:39 PM

Dollar win! Dollar is accepted everywhere and can be exchange on any money.

Well that can be too with Bitcoin just convert Bitcoin to dollar or euro or other money.

But doesn't matter you need both if you are a bitcoiner Tongue

you need both.

caliboy37

member

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Dollar win! Dollar is accepted everywhere and can be exchange on any money.

ashly

newbie

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Bitcoin for me because it is easy to get money in bitcoin rather than the money, how about you ?

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: artifical100 on November 28, 2015, 09:56:29 AM

I predict that cryptocurrency will beat dollar in 10 years.

Bitcoin doesn't need to replace any currency to be successful! I am not saying this won't happen but great chances are pretty slim in my opinion. Bitcoin, and dollar and other Fiat money can very well coexist!

Not to mention that governments won't let this slide so easily!

artifical100

newbie

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I predict that cryptocurrency will beat dollar in 10 years.

Amph

legendary

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Quote from: tom555 on November 28, 2015, 04:38:47 AM

i think the CONCRETE advantages can the people get from BTC is low fee and fast transaction
they can judgment their money with small fee transaction.

it's true that there re lower fee but look from this point, from every kind of purchase you do with bitcoin you have to pay fee, while with fiat this is not the case

fore example if i want to buy something on amazon with fiat i'm not paying any fee, with bitcoin instead i pay...yeah it's a small amount, insignificant, but it's not zero

Racey

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Soon, I have to go away.

The U.S. Dollar Has Already Caused A Global Recession And Now The Fed Is Going To Make It Worse

Quote

Throughout 2015, the U.S. dollar has been getting stronger. That sounds like good news, but the truth is that it is not. When the last financial crisis ended, emerging markets went on a debt binge unlike anything we have ever seen before. But much of that debt was denominated in U.S. dollars, and now this is creating a massive problem. As the U.S. dollar has risen, the prices that many of these emerging markets are getting for the commodities that they export have been declining. Meanwhile, it is taking much more of their own local currencies to pay back and service all of the debts that they have accumulated. Similar conditions contributed to the Latin American debt crisis of the 1980s, the Asian currency crisis of the 1990s and the global financial crisis of 2008 and 2009.

Many Americans may be wondering when “the next economic crisis” will arrive, but nobody in Brazil is asking that question. Thanks to the rising U.S. dollar, Brazil has already plunged into a very deep recession

So if the dollar does collapse, how will BTC survive without it?

Hugroll

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i feel like the US dollar is a pretty good way to do transactions in person with. its extremely fast (you just hand over the cash) and has 0 fees.
while bitcoin on the other hand takes atleast 10min for a confirmation and you pay like 10cents for every transaction. i know 10 cents isnt much, but if you buy coffee for like 2 bucks and have to pay 10cents, thats pretty much paying 5% in transaction fees.

so bitcoin isnt really good for small everyday transactions, but the US dollar is.

umaOuma

hero member

Activity: 938

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Quote from: enthus on November 27, 2015, 11:32:09 PM

bitcoin beats dollar in many ways this is why it is successful

Yes bitcoins will overtake the value of dollar in very soon in future and that is the reason I choose bitcoins over dollars and also bitcoins trading is much more profitable then forex trading as the value of bitcoins is more fluctuating as compared to dollar So easy way to make quick profits.

Bazelak

full member

Activity: 221

Merit: 100

Quote from: tom555 on November 28, 2015, 04:38:47 AM

i think the CONCRETE advantages can the people get from BTC is low fee and fast transaction
they can judgment their money with small fee transaction.

Low fee and fast transaction will be the thing of the past soon. The bitcoin block size is too small to cope with more transactions, everybody has to pay high fees to get fast confirmations.

balanced190

newbie

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Almost all website accept BTC because it's fully anonymous and secured. BTC is alson international so anyone can use it. I love Bitcoin.

tom555

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i think the CONCRETE advantages can the people get from BTC is low fee and fast transaction
they can judgment their money with small fee transaction.

angaper

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Merit: 507

This moment, the main advantage is the imminent increasing in the bitcoin value. I have no doubt that in few years those families saving bitcoins will multiply their current savings x100 or more, with the additional advantages that bitcoin offers.

enthus

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bitcoin beats dollar in many ways this is why it is successful

ivan19

newbie

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Well bitcoin is safe from the all mighty government,but you have to worry about the price going hair wires from time to time.

so I wouldn't know what to choose

Topic: UPDATE - page 41. (Read 41038 times)