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Topic: USD vs BTC - page 63. (Read 121137 times)

hero member
Activity: 798
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November 26, 2016, 02:09:02 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.
hero member
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November 26, 2016, 01:50:04 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.

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.
Well here in my country our fiat here gradually fall every few month's and i hope that it will not happen in this following year..
We are the next from poorest country and i hope that we will not be the same as like other countries..
Us dollar sometimes your right that it can be fail but few effects.. i think if us dollar will the other country are not it is depends in also demand and other 2 factor. that you can check the 3 factor here http://www.investopedia.com/articles/forex/09/factors-drive-american-dollar.asp
hero member
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November 26, 2016, 01:28:15 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.

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.
hero member
Activity: 770
Merit: 500
November 26, 2016, 01:27:34 PM
Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin

Though bitcoin has a quite good price or it will surely have a brighter future but it would still not be where the USD is today, bitcoin is still too young and it needs to face a lot of things ahead, now we will see if it can survive through this or not.
Damn, i have to admit that you are damn right. Bitcoin is still being developing and it needs more time to assert that it can bring benefits to human. At present, USD is being used widely around this planet and it is no doubt that USD is Bitcoin's toughest challenge.
full member
Activity: 218
Merit: 100
November 26, 2016, 01:21:43 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.

There aren't any shops or hotels around my country where we can pay with bitcoins, but yes, who knows, maybe after a few years in my country i would see places accepting bitcoin which may make it quite a more usable asset for all of us living here.

too, there is nothing like this in my country. Bitcoin is therefore only used for investment and trade. But the dollar can buy anything. The national currency is valued less than a dollar.
sr. member
Activity: 672
Merit: 250
November 26, 2016, 01:15:52 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.

There aren't any shops or hotels around my country where we can pay with bitcoins, but yes, who knows, maybe after a few years in my country i would see places accepting bitcoin which may make it quite a more usable asset for all of us living here.
hero member
Activity: 742
Merit: 526
November 26, 2016, 12:59:35 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.

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.
member
Activity: 70
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November 26, 2016, 12:49:35 PM
btc would kill the market eventually and i wwould never prefer btc over usd when we have inr in india .thanks to indian goverment .
legendary
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November 26, 2016, 12:46:37 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.

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.
member
Activity: 84
Merit: 10
November 26, 2016, 04:15:55 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.
USD will be used on everyday life only in the United States. even you said every country respected USD but they still use their own local currencies rather than USD and just mainly use USD when importing stuff from other country or even when they're buying stuff on sites like ebay or amazon

All countries also rely on USD currency. It's uses by my countries as a standard to get the value of countries local currency. It's physically used buy people who lives in US, but in other countries they also using it everyday for trading - stocks and exchange, etc.
Actually, now that a lot of other countries have started to grow, economically speaking, and the US is losing its absolute grip on the economies of the world, more countries are branching out and are looking to get out of the USD trade. Right now China is making deals with other countries outside of the USD in the Yuan, and its probably a good step, in its own right. A good shakeup for the USD is something that they probably need.

I agree to that. USD has been losing some of its grip on the global finance. But that only does good to the world economy in general. Still USD is far and away the strongest currency in the world.
sr. member
Activity: 378
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November 26, 2016, 03:23:07 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.
USD will be used on everyday life only in the United States. even you said every country respected USD but they still use their own local currencies rather than USD and just mainly use USD when importing stuff from other country or even when they're buying stuff on sites like ebay or amazon

All countries also rely on USD currency. It's uses by my countries as a standard to get the value of countries local currency. It's physically used buy people who lives in US, but in other countries they also using it everyday for trading - stocks and exchange, etc.
Actually, now that a lot of other countries have started to grow, economically speaking, and the US is losing its absolute grip on the economies of the world, more countries are branching out and are looking to get out of the USD trade. Right now China is making deals with other countries outside of the USD in the Yuan, and its probably a good step, in its own right. A good shakeup for the USD is something that they probably need.
Under the situation, they need bitcoin to avoid losing their money. In every fall of the economy of a country it's fiat are depreciate it's value and that is one of the reason why they will have to put their money with bitcoin which will result to demand that creates good price.

Bitcoin can certainly help an investor whether what place we are living, we just have to be smart.
hero member
Activity: 490
Merit: 520
November 26, 2016, 02:00:27 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.
USD will be used on everyday life only in the United States. even you said every country respected USD but they still use their own local currencies rather than USD and just mainly use USD when importing stuff from other country or even when they're buying stuff on sites like ebay or amazon

All countries also rely on USD currency. It's uses by my countries as a standard to get the value of countries local currency. It's physically used buy people who lives in US, but in other countries they also using it everyday for trading - stocks and exchange, etc.
Actually, now that a lot of other countries have started to grow, economically speaking, and the US is losing its absolute grip on the economies of the world, more countries are branching out and are looking to get out of the USD trade. Right now China is making deals with other countries outside of the USD in the Yuan, and its probably a good step, in its own right. A good shakeup for the USD is something that they probably need.
hero member
Activity: 826
Merit: 502
November 26, 2016, 01:49:00 AM
BTC is the best to use anytime and any where
Are you alright mate? Anywhere?? You must have something to back your statement, it's not available in areas where there's no internet.

Maybe what he meant by anywhere was you can use it no matter which country you are in. For example, here in the Philippines, people wouldn't accept your dollars. But if you're going to have a transaction with a fellow bitcoin user, you can use bitcoins. In addition, almost all civilized places have internet connection even the third world countries. I'm sure you're not having transactions in a mountain or something, so internet connection isn't a problem right now anymore.
legendary
Activity: 3150
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November 25, 2016, 11:55:41 PM
BTC is the best to use anytime and any where
Are you alright mate? Anywhere?? You must have something to back your statement, it's not available in areas where there's no internet.
full member
Activity: 127
Merit: 100
November 25, 2016, 12:11:20 PM
BTC is the best to use anytime and any where
hero member
Activity: 644
Merit: 500
November 25, 2016, 12:07:50 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.
USD will be used on everyday life only in the United States. even you said every country respected USD but they still use their own local currencies rather than USD and just mainly use USD when importing stuff from other country or even when they're buying stuff on sites like ebay or amazon

All countries also rely on USD currency. It's uses by my countries as a standard to get the value of countries local currency. It's physically used buy people who lives in US, but in other countries they also using it everyday for trading - stocks and exchange, etc.
hero member
Activity: 2996
Merit: 524
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November 25, 2016, 04:09:49 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.
USD will be used on everyday life only in the United States. even you said every country respected USD but they still use their own local currencies rather than USD and just mainly use USD when importing stuff from other country or even when they're buying stuff on sites like ebay or amazon
hero member
Activity: 1246
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November 25, 2016, 04:05:00 AM
Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin

Though bitcoin has a quite good price or it will surely have a brighter future but it would still not be where the USD is today, bitcoin is still too young and it needs to face a lot of things ahead, now we will see if it can survive through this or not.
Yeah. Too early to tell as bitcoin is not that too established yet. Although we' re seeing a pretty good rise in bitcoin's price, who knows what might happen. The price of bitcoin already dropped several times before and there's a chance it may happen again so you're right bitcoin will still go through a lot of struggles as it is still at a very young stage compared to the dollar
sr. member
Activity: 672
Merit: 250
November 25, 2016, 03:51:21 AM
Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin

Though bitcoin has a quite good price or it will surely have a brighter future but it would still not be where the USD is today, bitcoin is still too young and it needs to face a lot of things ahead, now we will see if it can survive through this or not.
sr. member
Activity: 378
Merit: 250
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November 25, 2016, 03:48:57 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.
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