It is not entirely correct to compare these two currencies. They can only complement each other, rather than compete among themselves.
Yeah should not compare between bitcoin and dollar. You should be grateful for the dollar because the first dollar is the base of the bitcoin rate. And although the bitcoin rate is very high though, it will not make the dollar lose
Topic: USD vs BTC - page 28. (Read 121173 times)
It is not entirely correct to compare these two currencies. They can only complement each other, rather than compete among themselves.
Yeah should not compare between bitcoin and dollar. You should be grateful for the dollar because the first dollar is the base of the bitcoin rate. And although the bitcoin rate is very high though, it will not make the dollar lose
Usd is a world currency and i i think Bitcoin is not that popular to compete with usd. Regulation of circulation of Bitcoin is also not possible government would not allow it's popularity to surpass their national currency. Usd has existed for centuries but Bitcoin is there only from seven years or so, therefore acceptance of usd is way more than Bitcoin.
Agree with you mate that bitcoin has need to proved for more years or decade to be much popular, but the adoption by many country was continuous and i think it was help to make life or existence of bitcoin would be like a fiat since this is also a currency.
Usd is a world currency and i i think Bitcoin is not that popular to compete with usd. Regulation of circulation of Bitcoin is also not possible government would not allow it's popularity to surpass their national currency. Usd has existed for centuries but Bitcoin is there only from seven years or so, therefore acceptance of usd is way more than Bitcoin.
Agree with you mate that bitcoin has need to proved for more years or decade to be much popular, but the adoption by many country was continuous and i think it was help to make life or existence of bitcoin would be like a fiat since this is also a currency.It is not entirely correct to compare these two currencies. They can only complement each other, rather than compete among themselves.
For now it may be said that bitcoins and dollars are complementary, but bitcoin benefits more because it gets more profit, because you can see bitcoin at this time its use is still low. Because it is still rare that receive bitcoin, so the dollar is very helpful
Usd is a world currency and i i think Bitcoin is not that popular to compete with usd. Regulation of circulation of Bitcoin is also not possible government would not allow it's popularity to surpass their national currency. Usd has existed for centuries but Bitcoin is there only from seven years or so, therefore acceptance of usd is way more than Bitcoin.
Agree with you mate that bitcoin has need to proved for more years or decade to be much popular, but the adoption by many country was continuous and i think it was help to make life or existence of bitcoin would be like a fiat since this is also a currency. 
Usd is a world currency and i i think Bitcoin is not that popular to compete with usd. Regulation of circulation of Bitcoin is also not possible government would not allow it's popularity to surpass their national currency. Usd has existed for centuries but Bitcoin is there only from seven years or so, therefore acceptance of usd is way more than Bitcoin.
is bitcoin more popular than US Dollar ?
No , Currently about every country and every people of the countries knows about the dollers but most of them don't know about the Bitcoin .So here I am 100% sure that it will take.mucj time to get famous for the Bitcoin .
In the recent days and the months the Bitcoin get much famouse but still many people knows it by name and they don't understand how to use and how to buy and sell and what is the main advantage of the Bitcoin and also they made a single question about it trust that who is owner of the Bitcoin network and which is the official country who owned this .
They knows only mr. Satoshi nakamoto by name only but they feels doubt about the risk with Thier money .
So I think it will take much time to get popular with the Bitcoin and also will take some time to get trust with the Bitcoin worth .
Edit: Even I myself get trust fully with the Bitcoin after the use of one month and making profit with my money .
It is not entirely correct to compare these two currencies. They can only complement each other, rather than compete among themselves.
I agree with you the same as it is today, the dollar equips bitcoin and it is very helpful for all bitcoin users because without the dollar, maybe you will trouble to exchange and do spendingIn the black market bitcoin is more popular than bitcoin, just look at how many hackers and sellers of illegal goods like drugs use bitcoin as a means of transaction, is very unfortunate, but that's the fact, I hope bitcoin is not used for illegal acts
I am pretty sure that you are only stating on the Internet’s Black Market because the money flowing in that is nothing compared to the regular Black Market that is going on beyond the computer. If Bitcoin was much larger than the regular Black Market then people would not need to exchange their Bitcoins for another currency because Bitcoin would be the main exchange for such products. Bitcoin is nowhere close to that level yet and it would be a tough goal to attain.It's kind of unclear, but I think arcanayou is saying that there are more bitcoin transactions in the black market vs. legal bitcoin transactions...? Not sure if that's true.
But why would you hope that Bitcoin is not used for "illegal acts"? That would essentially lower the demand for Bitcoin and lower the price as a result. People want the demand for Bitcoin to increase, but only the type of demand that they're comfortable with lol.
I think he is saying that bitcoin may be banned if they use bitcoin as illegally. But the thing is, bitcoin is free, the people can control their money and they can use it whenever they want. For example, the Deep web, it is a site full of informations that must not be seen, simply, it is illegal, but the higher ups are not shutting down the site, they can't, just like bitcoin, because no one controls it, despite many are using it.
In the black market bitcoin is more popular than bitcoin, just look at how many hackers and sellers of illegal goods like drugs use bitcoin as a means of transaction, is very unfortunate, but that's the fact, I hope bitcoin is not used for illegal acts
Yes in deep web bitcoin is very popular and other black markets because it is untraceable if people will look for your information. And for others, it is going to be a hard thing as they don't have an idea if they try to trace the transactions made for specific bitcoin address. No need to compare USD and BTC are good currencies.
In the black market bitcoin is more popular than bitcoin, just look at how many hackers and sellers of illegal goods like drugs use bitcoin as a means of transaction, is very unfortunate, but that's the fact, I hope bitcoin is not used for illegal acts
I am pretty sure that you are only stating on the Internet’s Black Market because the money flowing in that is nothing compared to the regular Black Market that is going on beyond the computer. If Bitcoin was much larger than the regular Black Market then people would not need to exchange their Bitcoins for another currency because Bitcoin would be the main exchange for such products. Bitcoin is nowhere close to that level yet and it would be a tough goal to attain.It's kind of unclear, but I think arcanayou is saying that there are more bitcoin transactions in the black market vs. legal bitcoin transactions...? Not sure if that's true.
But why would you hope that Bitcoin is not used for "illegal acts"? That would essentially lower the demand for Bitcoin and lower the price as a result. People want the demand for Bitcoin to increase, but only the type of demand that they're comfortable with lol.
In the black market bitcoin is more popular than bitcoin, just look at how many hackers and sellers of illegal goods like drugs use bitcoin as a means of transaction, is very unfortunate, but that's the fact, I hope bitcoin is not used for illegal acts
I am pretty sure that you are only stating on the Internet’s Black Market because the money flowing in that is nothing compared to the regular Black Market that is going on beyond the computer. If Bitcoin was much larger than the regular Black Market then people would not need to exchange their Bitcoins for another currency because Bitcoin would be the main exchange for such products. Bitcoin is nowhere close to that level yet and it would be a tough goal to attain.is bitcoin more popular than US Dollar ?
No.Not yet.But it would be in future.Bitcoin has just crossed its primitive eight years whereas US dollars has been in the market for more than 70 years.It is the global reserve currency.It would take time for bitcoins to get popular than US dollars.
is bitcoin more popular than US Dollar ?
No.Not yet.But it would be in future.Bitcoin has just crossed its primitive eight years whereas US dollars has been in the market for more than 70 years.It is the global reserve currency.It would take time for bitcoins to get popular than US dollars.History will show as this is ongoing race.
BTC is just technology and global community as backup.
USD have country with administration, army and official representatives.
In the black market bitcoin is more popular than bitcoin, just look at how many hackers and sellers of illegal goods like drugs use bitcoin as a means of transaction, is very unfortunate, but that's the fact, I hope bitcoin is not used for illegal acts
is bitcoin more popular than US Dollar ?
No.Not yet.But it would be in future.Bitcoin has just crossed its primitive eight years whereas US dollars has been in the market for more than 70 years.It is the global reserve currency.It would take time for bitcoins to get popular than US dollars.History will show as this is ongoing race.
BTC is just technology and global community as backup.
USD have country with administration, army and official representatives.
is bitcoin more popular than US Dollar ?
No.Not yet.But it would be in future.Bitcoin has just crossed its primitive eight years whereas US dollars has been in the market for more than 70 years.It is the global reserve currency.It would take time for bitcoins to get popular than US dollars.
It is not entirely correct to compare these two currencies. They can only complement each other, rather than compete among themselves.
is bitcoin more popular than US Dollar ?
No.Not yet.But it would be in future.Bitcoin has just crossed its primitive eight years whereas US dollars has been in the market for more than 70 years.It is the global reserve currency.It would take time for bitcoins to get popular than US dollars. Jump to: