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Topic: USD vs BTC - page 62. (Read 121168 times)

legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
November 28, 2016, 02:03:37 PM
Presently, USD has more fans than bitcoin. Because everybody is well aware of the value of US dollar. But in future, bitcoin will over take USD dollars.

I doubt that you can talk in this category - I like US dollar therefore I use it. People are using USD not because they are fond of it. but because it is a necessity for them, they have no choice.
You can either use strong FIAT backed by one of the superpowers and hope that it will stay strong or pick lesser FIAT with worse qualities, so there is not much of a choice there, is it?
hero member
Activity: 602
Merit: 500
November 28, 2016, 01:46:19 PM
is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc.
yep. that's what i love about bitcoins it's more applicable all over the world than other currency because in us dollar you're gonna need to change it first on money changer before you could use it if you're not living in united states. and i heard that there's a company that accepting bitcoins as their method in their transactions that's why i preferred bitcoins than us dollar Smiley
Well, there are countries where you can use dollars in daily life and in a lot of countries with important tourism you can use dollars in the tourist zone without any problems.
That's because dollar is popular and most countries accept dollars, in our country dollar has a good value versus our currency and when I earn here it has a good conversion.

Presently, USD has more fans than bitcoin. Because everybody is well aware of the value of US dollar. But in future, bitcoin will over take USD dollars.
legendary
Activity: 2058
Merit: 1030
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November 28, 2016, 01:40:20 PM
Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately.

These are few and far in between. Regarding people losing trust in the US dollar, I think many other fiat currencies would first have to lose this trust in them, and the dollar will be the last to fall. But even without the dollar going belly up, other currencies may contribute greatly to Bitcoin popularity. I mean when they all start crashing down, and it will the American dollar against which they will be losing.
I disagree a little bit with this obviously some currencies are going to fail before the dollar but I think the dollar is going to fail eventually, it does not need to happen tomorrow but it will happen at some point in the future probably in some decades, and when that happens all the currencies are going to fail as well.

I see no viable reason why other currencies should necessarily fail as well if the dollar is going to kick the bucket. All major currencies are not tied to it in a way that would make such conclusion meaningful. Why Euro or Swiss franc should fail if the dollar dies? In my view, they will only get stronger due to the dollar demise. Euro will be the first to take the place of the dollar as the main world reserve currency once this place becomes vacant.
Yeah i do not see any reason this is just like in crypto world that if there is some altcoin is going to die and gone soon the other are not affected..
because there is still a value and i think it is stil ldepends in demand and supply so it could be also in fiat.. so if dollar can be gone the other currency will not affect and only the rankings are changing. .
hero member
Activity: 1036
Merit: 514
November 28, 2016, 01:37:17 PM
Everyone who has a Bitcoin looks forward to its growth. If the dollar is unstable, the people are more interested in Bitcoin. This can trigger the growth of prices for cryptocurrency
Bitcoin is really fast growing and dollars are getting strong too but people are more intertested using bitcoin because of it's benifit we can trade our bitcoin into another currency or altcoins to grow our bitcoin.
For now USD seems more popular than any other currency including bitcoin. Yes, people want to look bitcoin get much bigger and better than now that could compete with anothers currencies to take place as famous digital currency which used in everywhere, at least we need 5 years to see that happens, but I think USD could still more popular currency.
hero member
Activity: 742
Merit: 526
November 28, 2016, 01:26:08 PM
Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately.

These are few and far in between. Regarding people losing trust in the US dollar, I think many other fiat currencies would first have to lose this trust in them, and the dollar will be the last to fall. But even without the dollar going belly up, other currencies may contribute greatly to Bitcoin popularity. I mean when they all start crashing down, and it will the American dollar against which they will be losing.
I disagree a little bit with this obviously some currencies are going to fail before the dollar but I think the dollar is going to fail eventually, it does not need to happen tomorrow but it will happen at some point in the future probably in some decades, and when that happens all the currencies are going to fail as well.

I see no viable reason why other currencies should necessarily fail as well if the dollar is going to kick the bucket. All major currencies are not tied to it in a way that would make such conclusion meaningful. Why Euro or Swiss franc should fail if the dollar dies? In my view, they will only get stronger due to the dollar demise. Euro will be the first to take the place of the dollar as the main world reserve currency once this place becomes vacant.
legendary
Activity: 3318
Merit: 1133
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November 28, 2016, 08:11:27 AM
is bitcoin more popular than US Dollar ?

I dont think so. Btc is still not yet popular in our country not even 50% of the population. Some users were only beginner. So it is impossible that it is popular than USD.

Very true. USD have made its foundation to be known in the world either is is from bad thing or good. The US government made it sure that their currency will be used worldwide. Now, it cannot be easily taken off because many trusted it.
sr. member
Activity: 378
Merit: 250
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November 28, 2016, 07:14:17 AM
is bitcoin more popular than US Dollar ?

I dont think so. Btc is still not yet popular in our country not even 50% of the population. Some users were only beginner. So it is impossible that it is popular than USD.
That supposedly not being ask, we know bitcoin is not that popular since base on estimate, the users are just approximate to 1% only which is a small volume of our total population.
sr. member
Activity: 376
Merit: 250
November 28, 2016, 06:34:18 AM
is bitcoin more popular than US Dollar ?

I dont think so. Btc is still not yet popular in our country not even 50% of the population. Some users were only beginner. So it is impossible that it is popular than USD.
hero member
Activity: 1246
Merit: 529
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November 28, 2016, 06:31:06 AM
I think the dollar as more popular than the bitcoin. because many countries that use the dollar as a means to an economic milestone. however today bitcoin already widely known by the public
Bitcoin is not yet fully introduce in some parts of the globe. Though users are getting bigger each day.. and hopefully soon most of us will be able to adopt and use bitcions as a legal currency. But it will not be replacing dollars in the future because bitcoins only relies in dlooar value.
Also, you are comparing real money here vs. Digital currency. The dollar is mostly where fiat currency is based on and aside from the facts that you've stated that bitcoin is still not known worldwide, it's a currency that depends on online connection, which is scarce to say the least, in other parts of the world.
hero member
Activity: 588
Merit: 500
November 28, 2016, 03:09:53 AM
is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc.
I think both of them have in common bitcoin and the dollar is accepted in many countries, but that is to be special for bitcoin bitcoin compared to the dollar is not controlled by anyone and you're free to do anything with bitcoin
i think the only common in bitcoin is that both are currencies, and can be use for trading and shopping, otherwise bitcoin is online crypto curency while bitcoin is fiat currency, USD is one of the most popular fiat currency, while bitcoin is one of the most popular crypto currency of the world, USD is regional and  centralize currency while bitcoin is a decentralize currency having same vale everywhere.
hero member
Activity: 644
Merit: 500
November 28, 2016, 02:44:28 AM
I think the dollar as more popular than the bitcoin. because many countries that use the dollar as a means to an economic milestone. however today bitcoin already widely known by the public
Bitcoin is not yet fully introduce in some parts of the globe. Though users are getting bigger each day.. and hopefully soon most of us will be able to adopt and use bitcions as a legal currency. But it will not be replacing dollars in the future because bitcoins only relies in dlooar value.
member
Activity: 98
Merit: 10
November 28, 2016, 01:44:33 AM
I think the dollar as more popular than the bitcoin. because many countries that use the dollar as a means to an economic milestone. however today bitcoin already widely known by the public
legendary
Activity: 3248
Merit: 1160
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November 28, 2016, 01:17:02 AM
is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc.
yep. that's what i love about bitcoins it's more applicable all over the world than other currency because in us dollar you're gonna need to change it first on money changer before you could use it if you're not living in united states. and i heard that there's a company that accepting bitcoins as their method in their transactions that's why i preferred bitcoins than us dollar Smiley
Well, there are countries where you can use dollars in daily life and in a lot of countries with important tourism you can use dollars in the tourist zone without any problems.
That's because dollar is popular and most countries accept dollars, in our country dollar has a good value versus our currency and when I earn here it has a good conversion.
hero member
Activity: 2884
Merit: 794
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November 27, 2016, 12:41:23 PM
is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc.
yep. that's what i love about bitcoins it's more applicable all over the world than other currency because in us dollar you're gonna need to change it first on money changer before you could use it if you're not living in united states. and i heard that there's a company that accepting bitcoins as their method in their transactions that's why i preferred bitcoins than us dollar Smiley
Well, there are countries where you can use dollars in daily life and in a lot of countries with important tourism you can use dollars in the tourist zone without any problems.
hero member
Activity: 756
Merit: 501
November 27, 2016, 12:21:49 PM
In the most countries dollars is used as asset, like gold and silver, and its something that looks like cant fail, and if it does it will be a low lost over the value, i remember 1 dollar=1.30 euro, as well 2.50 brazilian real, nowadays the rates are scaring if you check them. Bitcoin has a huge potencial as investement for medium long period, even at short period you can make money just because you have bitcoin. But dollar is main currency of all transactions made between countries, bitcoin is very tinny and not recognized as currencie yet.
hero member
Activity: 532
Merit: 500
November 27, 2016, 11:08:15 AM
Everyone who has a Bitcoin looks forward to its growth. If the dollar is unstable, the people are more interested in Bitcoin. This can trigger the growth of prices for cryptocurrency
Bitcoin is really fast growing and dollars are getting strong too but people are more intertested using bitcoin because of it's benifit we can trade our bitcoin into another currency or altcoins to grow our bitcoin.
yes that is right to say and people are interested because the price is not stable and you can always get chance to making money, therefore people like to invest in bitcoin specially in present time when the price of bitcoin is continuously increasing.
hero member
Activity: 1372
Merit: 503
November 27, 2016, 06:40:51 AM
Everyone who has a Bitcoin looks forward to its growth. If the dollar is unstable, the people are more interested in Bitcoin. This can trigger the growth of prices for cryptocurrency
Bitcoin is really fast growing and dollars are getting strong too but people are more intertested using bitcoin because of it's benifit we can trade our bitcoin into another currency or altcoins to grow our bitcoin.
hero member
Activity: 504
Merit: 500
November 27, 2016, 04:03:35 AM
is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc.
I think both of them have in common bitcoin and the dollar is accepted in many countries, but that is to be special for bitcoin bitcoin compared to the dollar is not controlled by anyone and you're free to do anything with bitcoin
hero member
Activity: 798
Merit: 506
November 27, 2016, 03:31:50 AM
is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc.

In just 7 years bitcoin could reach this state, not so famous in every country but pretty good for everyone that notice and follow the development of the international economy, they should know and interested into bitcoin investment. I agree that bitcoin not so popular as USD but has faster increasing of adoption and value . Depend on what your definition and perspective of 'popular' I think bitcoin could be more popular than USD.
hero member
Activity: 854
Merit: 500
November 27, 2016, 02:28:59 AM
is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc.
yep. that's what i love about bitcoins it's more applicable all over the world than other currency because in us dollar you're gonna need to change it first on money changer before you could use it if you're not living in united states. and i heard that there's a company that accepting bitcoins as their method in their transactions that's why i preferred bitcoins than us dollar Smiley
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