USD vs BTC - page 44. | Bitcointalksearch.org

The_Dark_Knight

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Quote from: ipanks on February 28, 2017, 06:43:33 AM

Quote from: Alexzap on February 27, 2017, 07:28:41 PM

Quote from: chachaa on February 26, 2017, 10:20:53 AM

Quote from: shulio on February 26, 2017, 09:36:18 AM

Quote from: vrm86 on February 26, 2017, 09:03:19 AM

Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" Wink

?

The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that

blockchain technology becomes popular and it is like the government. However, with this technology develops and the popularity of Bitcoin - and that the government does not like totally. Therefore, no one can predict whether Bitcoin will be popular

I think that talking about the popularity bitcon yet. If you don't believe me go outside and ask who has bitcoins. Sure you will have a very long run to find such a person. This is evidence of the popularity of.

i am having this experience too in my country since only few people that know what is bitcoin and i need to explain very hard to them. but i am glad that i have many friends from other places in my country know about bitcoin so i can sharing to them about bitcoin.

people in my country only know USD and not about bitcoin, i think they don't really care about bitcoin but i am sure that soon or later, my people will heard about bitcoin and they will use bitcoin too.

Its their loss, take the opportunity that not many people know about bitcoin in your country, but you don't have to just buy bitcoin you could open your small exchange service, since not many knows about bitcoin then the competition mus be low, when more people adopt bitcoin you will be there already established for several years.

fitty

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Quote from: Vivace92 on March 02, 2017, 08:01:31 PM

Quote from: mornabo on March 01, 2017, 06:50:36 PM

Quote from: PaymyBills on February 28, 2017, 08:06:20 AM

IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.

This is a nightmare to any State

this course will give pressure and a threat to the other currencies in the world with bitcoin you can do anything freely, especially without controls, taxes, etc. of course all currencies will fear against bitcoin

I think not, although bitcoin can look very lucrative, but the use of fiat money will always be a priority. countries must have access to and complete control of all the currency used, and it was only with fiat money, instead of the bitcoin.

You have a point in saying bitcoin can replace Dollar soon. Since bitoin is continually making its name in the Market and attracting investors to make its price at its best. But, since it is a crypto-currency and it is not yet well established as fiat which was already used by many long time ago. I think if that happens, it will took so much time and we cannot guarantee that bitcoin is still in demand that time since every four years it is being halved so people may loose interest to this coin. But, as what I am seeing right now, Bitcoin has a great future. Maybe it will become our secondary money but still Fiat will be the primary.

Vivace92

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Quote from: mornabo on March 01, 2017, 06:50:36 PM

Quote from: PaymyBills on February 28, 2017, 08:06:20 AM

IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.

This is a nightmare to any State

this course will give pressure and a threat to the other currencies in the world with bitcoin you can do anything freely, especially without controls, taxes, etc. of course all currencies will fear against bitcoin

I think not, although bitcoin can look very lucrative, but the use of fiat money will always be a priority. countries must have access to and complete control of all the currency used, and it was only with fiat money, instead of the bitcoin.

panju1

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Quote from: 1Referee on February 28, 2017, 07:41:53 AM

Quote from: Reid on February 28, 2017, 07:02:15 AM

And do you know that there are a lot of people that are trying to buy USD and just store it until it grows.

Are you referring to people buying the USD to hedge their own weaker currency, or literally as you say "until it grows"? In case of the latter, I don't see how the USD, or basically any other fiat currency grows in value (aside from getting stronger or weaker compared to other currencies).

Growth happens when a currency's purchasing power increases. With most fiat currencies, this doesn't happen because of inflation. I don't think it will happen with the USD as well.
The only real growth has been in Bitcoin's value.

21kevin21

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Quote from: mornabo on March 01, 2017, 06:50:36 PM

Quote from: PaymyBills on February 28, 2017, 08:06:20 AM

IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.

This is a nightmare to any State

this course will give pressure and a threat to the other currencies in the world with bitcoin you can do anything freely, especially without controls, taxes, etc. of course all currencies will fear against bitcoin

If bitcoin will become quite popular valyutni and more and more people will use cryptocurrency, the state will be forced to take on bitcoin, and to do everything to find ways to legalize and it means the end of anonymity for users.

mornabo

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Quote from: PaymyBills on February 28, 2017, 08:06:20 AM

IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.

This is a nightmare to any State

this course will give pressure and a threat to the other currencies in the world with bitcoin you can do anything freely, especially without controls, taxes, etc. of course all currencies will fear against bitcoin

The_Dark_Knight

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Quote from: hase0278 on February 26, 2017, 04:02:06 AM

Quote from: Malsetid on February 25, 2017, 09:51:08 AM

Quote from: hase0278 on February 25, 2017, 08:16:44 AM

In my opinion bitcoin is not even as popular as US Dollar yet. I think it ain't since it is not widely used right now by many people only a percent of the world's population use it but many knows it but thinks of it in a bad way. US Dollar on the other hand was trusted by many since it was fiat currency but soon in the near future though bitcoin might be more popular than US Dollar but it is still a possibility in the future.

Well this shouldn't even be argument at this time at all. Bitcoin will grow and evolve and most possibly become the main digital currency which is accepted by most people around the world. But it can't compete with the dollar or with any other fiat currency as they would have different use. The dollar will always be relevant and no other currency will shake it's hold out of the market.

Well yeah you got a point. Maybe in the future, bitcoin will be popular but it will be used like credit card but it's a lot safer since giving it out is not that risky since one can just give your credit card details with stranger to pay while bitcoin address cannot be given by a stranger to another people to pay, and he would need to have an access to your btc wallet first before doing that so the flaw of credit card is solved by bitcoin which I see would make it more popular.

Bitcoin is very secure but bitcoin runs over an operative system that may not be very secure, if you are running windows or a similar unsafe system then you can be subject to being hacked and losing your coins and you have a similar risk if you have your coins in a web wallet.

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Quote from: 1Referee on February 28, 2017, 07:41:53 AM

Quote from: Reid on February 28, 2017, 07:02:15 AM

And do you know that there are a lot of people that are trying to buy USD and just store it until it grows.

Are you referring to people buying the USD to hedge their own weaker currency, or literally as you say "until it grows"? In case of the latter, I don't see how the USD, or basically any other fiat currency grows in value (aside from getting stronger or weaker compared to other currencies)

There is no literal growth unless you are trading currency indexes. The growth is always in respect to some other currency. Obviously, the point consists in buying dollars with local currency and selling when the exchange rate goes up. For many local currencies, it is a one way route mid to long term. People just convert into and keep most of their savings in the US dollar. If the dollar goes down, they just buy more dollars with their salaries and wages which they receive in the local currency. When the dollar eventually goes up (which is almost certain), they sell some dollars and spend the proceeds on their expenses

Mutual funds are doing basically the same (i.e. buying and selling dollars)

Teraboy

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Quote from: PaymyBills on February 28, 2017, 08:06:20 AM

IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.

This is a nightmare to any State

Wake up from your dream dude. It is not fast (will take a lot for paying the fees). Every transaction is instant, No free tax, No low fees. https://blockchain.info/charts/transaction-fees

Pattart

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Quote from: PaymyBills on February 28, 2017, 08:06:20 AM

IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.

This is a nightmare to any State

of course this will kill all currencies and payment methods out there. That's why if many people and thir party. want to drop bitcoin. because they feel threatened by the bitcoin

Carlsen

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Quote from: Reid on February 28, 2017, 07:02:15 AM

Quote from: TastyChillySauce00 on February 28, 2017, 06:24:45 AM

Quote from: dearbesz1219 on February 27, 2017, 09:26:26 PM

Quote from: KingdomHearts on May 01, 2016, 03:52:44 AM

is bitcoin more popular than US Dollar ?

There are lot of different opinions and speculation that we are going to find out what their side of comment between USD vs BTC. Actually, bitcoin has no tax, and no government, and can be trade by the person while USD it is controlled by the government and it can't be trade in the exchange by the ordinary citizens.

You're probably never exchanged your money through a bank or some kind, did you?. Even kids nowaday are able to make a trade through forex which doesn't require ID to get through the verification process.

Patience my friend.
USD is a very known currency throughout the world.
It is used with every mutual fund or other investment companies.
And do you know that there are a lot of people that are trying to buy USD and just store it until it grows.
This people are from different country, their only reason is because they trust USD will also get stronger and valuable.

I think the people who buy the dollar have either a lot of money and want to split their risks, or the fiat in the country they live in has a problem.
Especially people from countires where the inflation goes to the moon tend to buy other currencies, not because it will rise in value, but because it keeps its value.
And the currency they buy are the largest ones, because they tend to be the most stable ones.
Maybe one day bitcoin will be a large currency as well, but we will have to be very patient to see that happen.

icecube45

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Quote from: Reid on February 28, 2017, 07:02:15 AM

Quote from: TastyChillySauce00 on February 28, 2017, 06:24:45 AM

Quote from: dearbesz1219 on February 27, 2017, 09:26:26 PM

Quote from: KingdomHearts on May 01, 2016, 03:52:44 AM

is bitcoin more popular than US Dollar ?

There are lot of different opinions and speculation that we are going to find out what their side of comment between USD vs BTC. Actually, bitcoin has no tax, and no government, and can be trade by the person while USD it is controlled by the government and it can't be trade in the exchange by the ordinary citizens.

You're probably never exchanged your money through a bank or some kind, did you?. Even kids nowaday are able to make a trade through forex which doesn't require ID to get through the verification process.

Patience my friend.
USD is a very known currency throughout the world.
It is used with every mutual fund or other investment companies.
And do you know that there are a lot of people that are trying to buy USD and just store it until it grows.
This people are from different country, their only reason is because they trust USD will also get stronger and valuable.

True, many people in other countries save dollar to make a profit. My father also did that and he was always checking dollar fluctuations. But in this case between dollar and bitcoin have differences. Dollar could not hold long because to prevent damage from condition of paper money, whereas if bitcoin hold long will not be damage because it does not have a form so it can hold for a long time. Between dollar and bitcoin, dollar maybe still be popular because many people use it and also included a currency that has effect. But in terms of profit both very profitable.

gabmen

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Quote from: PaymyBills on February 28, 2017, 08:06:20 AM

IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.

This is a nightmare to any State

Well we can't really deny that these features make bitcoin favorable for a lot of people especially for those who mostly do their jobs online. But i think, the dollar is still a necessity while btc is a choice for people to decide on whether to use or not depending on a situation. Btc i think defeats the dollar in features but i don't think it wouldn't be close in defeating it in use. That is for today's generation. I'm not sure how far ahead digitally will the future generations be.

PaymyBills

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IN long terms, probably btc will spread your word in entery world, is easy to transaction, is fast, is free tax, and low fee.

This is a nightmare to any State

traderMax

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Quote from: traderMax on February 21, 2017, 04:58:27 PM

If I compare the dollar with the bitcoin my preference would be the bitcoin in the of course. Profit and loss analysis is required when selecting investment instruments. The risk situation needs to be assessed.

For me, bitcoin is a good investment tool both in short term and long term.

Why would you prefer with bitcoin? The main deal is bitcoin is depending it's price with dollar. But for me, they are both good and the best thing to do is always depend to both of them because they are one of the majority trading first choice of most of the trader. I do also agree that in the long term goal always go with bitcoin.

Very simple. My goal is to earn dollars. Bitcoin's value is constantly increasing. The price of the dollar is almost fixed.
I choose bitcoin to make the win more valuable.

1Referee

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Quote from: Reid on February 28, 2017, 07:02:15 AM

USD is a very known currency throughout the world.
It is used with every mutual fund or other investment companies.

It's no secret that the USD is somewhat of a "backbone" currency in the world economy, but you have to explain me what you meant with;

Quote from: Reid on February 28, 2017, 07:02:15 AM

And do you know that there are a lot of people that are trying to buy USD and just store it until it grows.

Are you referring to people buying the USD to hedge their own weaker currency, or literally as you say "until it grows"? In case of the latter, I don't see how the USD, or basically any other fiat currency grows in value (aside from getting stronger or weaker compared to other currencies).

Reid

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Quote from: TastyChillySauce00 on February 28, 2017, 06:24:45 AM

Quote from: dearbesz1219 on February 27, 2017, 09:26:26 PM

Quote from: KingdomHearts on May 01, 2016, 03:52:44 AM

is bitcoin more popular than US Dollar ?

There are lot of different opinions and speculation that we are going to find out what their side of comment between USD vs BTC. Actually, bitcoin has no tax, and no government, and can be trade by the person while USD it is controlled by the government and it can't be trade in the exchange by the ordinary citizens.

You're probably never exchanged your money through a bank or some kind, did you?. Even kids nowaday are able to make a trade through forex which doesn't require ID to get through the verification process.

Patience my friend.
USD is a very known currency throughout the world.
It is used with every mutual fund or other investment companies.
And do you know that there are a lot of people that are trying to buy USD and just store it until it grows.
This people are from different country, their only reason is because they trust USD will also get stronger and valuable.

ipanks

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Quote from: Alexzap on February 27, 2017, 07:28:41 PM

Quote from: chachaa on February 26, 2017, 10:20:53 AM

Quote from: shulio on February 26, 2017, 09:36:18 AM

Quote from: vrm86 on February 26, 2017, 09:03:19 AM

Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" Wink

?

The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that

blockchain technology becomes popular and it is like the government. However, with this technology develops and the popularity of Bitcoin - and that the government does not like totally. Therefore, no one can predict whether Bitcoin will be popular

I think that talking about the popularity bitcon yet. If you don't believe me go outside and ask who has bitcoins. Sure you will have a very long run to find such a person. This is evidence of the popularity of.

i am having this experience too in my country since only few people that know what is bitcoin and i need to explain very hard to them. but i am glad that i have many friends from other places in my country know about bitcoin so i can sharing to them about bitcoin.

people in my country only know USD and not about bitcoin, i think they don't really care about bitcoin but i am sure that soon or later, my people will heard about bitcoin and they will use bitcoin too.

TastyChillySauce00

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Quote from: dearbesz1219 on February 27, 2017, 09:26:26 PM

Quote from: KingdomHearts on May 01, 2016, 03:52:44 AM

is bitcoin more popular than US Dollar ?

There are lot of different opinions and speculation that we are going to find out what their side of comment between USD vs BTC. Actually, bitcoin has no tax, and no government, and can be trade by the person while USD it is controlled by the government and it can't be trade in the exchange by the ordinary citizens.

You're probably never exchanged your money through a bank or some kind, did you?. Even kids nowaday are able to make a trade through forex which doesn't require ID to get through the verification process.

Fatanut

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Quote from: Alexzap on February 27, 2017, 07:28:41 PM

Quote from: chachaa on February 26, 2017, 10:20:53 AM

Quote from: shulio on February 26, 2017, 09:36:18 AM

Quote from: vrm86 on February 26, 2017, 09:03:19 AM

Unfortunatelly world's economy is not build on internet, but on USD, gold and anything else that governments would like to hold as a reserves. I don't believe, that it would be swapped for private keys as long as blockchain needs electricity and operational internet. Can you imagine situation, when in case of really serious cataclysm or other crisis, goverment would have to say "blockchain is down, we are f***d up" Wink

?

The world economy is not build on anything for real. Everything could be change and sooner or later those kind of things going to be changed . The country might reject bitcoin for now however there is a chance that it will be being widely used in most part of the world so no more reason to not accept that

blockchain technology becomes popular and it is like the government. However, with this technology develops and the popularity of Bitcoin - and that the government does not like totally. Therefore, no one can predict whether Bitcoin will be popular

I think that talking about the popularity bitcon yet. If you don't believe me go outside and ask who has bitcoins. Sure you will have a very long run to find such a person. This is evidence of the popularity of.

Sort of disagree. If you visit facebook and look at what a typical teenager's posts, there will be some articles about deep web because they think it's cool to read stuffs about it. Bitcoin has always been linked to deep web and to the black market because bitcoin is what they use (or at least what the articles say). Bitcoin advertisements are also around the internet. If you're an average joe looking for some more ways to earn money, you probably have searched "How to earn money online" or something alone those lines. One of the first results will give you some idea about bitcoin and other cryptocurrency, together with PTC, freelancer, etc.

Techy companies usually talk about bitcoins, as well, at some point on their event. It might be out of topic but a bitcoin user always talk about bitcoins without him knowing that his point is leading to that.

Topic: USD vs BTC - page 44. (Read 121168 times)