USD vs BTC - page 68. | Bitcointalksearch.org

tee-rex

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Quote from: PacePay on November 05, 2016, 05:22:41 PM

Quote from: Holly-Dolly on November 05, 2016, 10:21:05 AM

Quote from: gabmen on November 05, 2016, 10:07:18 AM

Quote from: bhadz on November 05, 2016, 09:43:35 AM

Quote from: mkmdoc on November 05, 2016, 09:30:37 AM

Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

Yes there no need to be compared because USd will remain as USD and being used and popular whole over the world. Unlike bitcoin, it is still on its young age and needs to be adopted by a lot of people. But for us, that who are already knew it both of them are very important to us because we are able to convert our bitcoins with USD.

Yeah it may take bitcoin quite some time to have itself fully established as it needs support from countries' governments and banks. Although bitcoin is slowly but surely being known in a lot of areas, the level of use is still dwarfed by that of other fiat currencies

If big countries the major players in the financial market will not recognize bitcoin as a fully fledged currency, wait for something that no longer have on bitcoin. Digital currency will then remain anonymous financial source.

The major players are already involved in the field of bitcoin and they are actively investing their money in bitcoin like the owner of microsoft have a bigger amount of money in bitcoin and the owner of facebook also have investment in bitcoin.

I've read it a few times here that Microsoft is somehow interested in Bitcoin, but I couldn't find any link confirming that. Also, who do you mean by the owner of this company, Bill Gates? With his innumerable billions of dollars, I don't really think he would be much interested in Bitcoin. What about Mark Zuckerberg then, the owner (creator) of Facebook?

Anyways, could you post a link or two revealing their interest in Bitcoin?

Rmaqks

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Quote from: lakisis on November 05, 2016, 06:32:49 PM

Quote from: mkmdoc on November 05, 2016, 09:30:37 AM

Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

yeah bitcoin is digital currency and you are right that bitcoin is still not acceptable in some countries but i hope bitcoin will be sooner acceptable in everywhere in all world in the near future and i am sure bitcoin can be appear in physical shape in few years .

I heard that in China already established physical coins Bitcoin.
I believe that there is no confrontation between the dollar and the Bitcoins. They are together and complement each other

lakisis

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Quote from: mkmdoc on November 05, 2016, 09:30:37 AM

Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

yeah bitcoin is digital currency and you are right that bitcoin is still not acceptable in some countries but i hope bitcoin will be sooner acceptable in everywhere in all world in the near future and i am sure bitcoin can be appear in physical shape in few years .

20kevin20

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Quote from: mkmdoc on November 05, 2016, 09:30:37 AM

Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

You mean it'll take a lot of time to replace physical with digital. It will not, because we're getting used to it right now. We have seen how easy it is to complete transactions online and how useful they are. The world is changing at this moment.

PacePay

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Quote from: Holly-Dolly on November 05, 2016, 10:21:05 AM

Quote from: gabmen on November 05, 2016, 10:07:18 AM

Quote from: bhadz on November 05, 2016, 09:43:35 AM

Quote from: mkmdoc on November 05, 2016, 09:30:37 AM

Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

Yes there no need to be compared because USd will remain as USD and being used and popular whole over the world. Unlike bitcoin, it is still on its young age and needs to be adopted by a lot of people. But for us, that who are already knew it both of them are very important to us because we are able to convert our bitcoins with USD.

Yeah it may take bitcoin quite some time to have itself fully established as it needs support from countries' governments and banks. Although bitcoin is slowly but surely being known in a lot of areas, the level of use is still dwarfed by that of other fiat currencies

If big countries the major players in the financial market will not recognize bitcoin as a fully fledged currency, wait for something that no longer have on bitcoin. Digital currency will then remain anonymous financial source.

The major players are already involved in the field of bitcoin and they are actively investing their money in bitcoin like the owner of microsoft have a bigger amount of money in bitcoin and the owner of facebook also have investment in bitcoin.

Holly-Dolly

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Quote from: gabmen on November 05, 2016, 10:07:18 AM

Quote from: bhadz on November 05, 2016, 09:43:35 AM

Quote from: mkmdoc on November 05, 2016, 09:30:37 AM

Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

Yes there no need to be compared because USd will remain as USD and being used and popular whole over the world. Unlike bitcoin, it is still on its young age and needs to be adopted by a lot of people. But for us, that who are already knew it both of them are very important to us because we are able to convert our bitcoins with USD.

Yeah it may take bitcoin quite some time to have itself fully established as it needs support from countries' governments and banks. Although bitcoin is slowly but surely being known in a lot of areas, the level of use is still dwarfed by that of other fiat currencies

If big countries the major players in the financial market will not recognize bitcoin as a fully fledged currency, wait for something that no longer have on bitcoin. Digital currency will then remain anonymous financial source.

gabmen

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Quote from: bhadz on November 05, 2016, 09:43:35 AM

Quote from: mkmdoc on November 05, 2016, 09:30:37 AM

Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

Yes there no need to be compared because USd will remain as USD and being used and popular whole over the world. Unlike bitcoin, it is still on its young age and needs to be adopted by a lot of people. But for us, that who are already knew it both of them are very important to us because we are able to convert our bitcoins with USD.

Yeah it may take bitcoin quite some time to have itself fully established as it needs support from countries' governments and banks. Although bitcoin is slowly but surely being known in a lot of areas, the level of use is still dwarfed by that of other fiat currencies

crairezx20

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Quote from: bhadz on November 05, 2016, 09:43:35 AM

Quote from: mkmdoc on November 05, 2016, 09:30:37 AM

Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

Yes there no need to be compared because USd will remain as USD and being used and popular whole over the world. Unlike bitcoin, it is still on its young age and needs to be adopted by a lot of people. But for us, that who are already knew it both of them are very important to us because we are able to convert our bitcoins with USD.

Yeah we don't need to compare them bitcoin is just alternative currency online and few merchant are accepting bitcoin.. and bitcoin still not accepting locally here in my country unlike on brazil that has 150+ stores are accepting bitcoin as payment..
Unlike USD that almost whole world can use this or exchange this and locally currency exchange.

bhadz

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Quote from: mkmdoc on November 05, 2016, 09:30:37 AM

Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

Yes there no need to be compared because USd will remain as USD and being used and popular whole over the world. Unlike bitcoin, it is still on its young age and needs to be adopted by a lot of people. But for us, that who are already knew it both of them are very important to us because we are able to convert our bitcoins with USD.

salemon

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Quote from: X-ray on November 05, 2016, 04:59:19 AM

Quote from: phieiph on November 04, 2016, 05:52:38 PM

Quote from: Pitchblackroom on November 04, 2016, 05:43:23 PM

Bitcoin is a currency/commodity like gold that is used in some exchanges with USD Dollar values.
USD is the typical fiat currency of the United States

Wouldn't say they are the same, just different roles

Dollars are also probably not a bad investment. At the time of speculation with dollars many people have suffered because of the fact that smelled this infection.

LOL with the current situation in USA which now facing the president election which could potentially making economic worse or better by the result of the election,investing on USD is definitely a bad idea unless you have a power to predict who's going to be elected and become the president and what's the effect to the economy

But if the question is about the transition to a particular type of currency or invest in bitcoin or the dollar, it is still necessary to choose the lesser evil of the two. Therefore, if we consider that the evil is the degree of risk, then today bitcoin less stable than the dollar.

mkmdoc

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Bitcoin is digital currency and also one of the commodity like gold. It cannot be replaced with USD, still major countries are not still not accepting bitcoin as one of their option. It will take lot of time to establish a digital currency into physical one.

SidaroffVany

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Quote from: Doamader on November 05, 2016, 07:01:34 AM

Quote from: kryptqnick on November 05, 2016, 06:43:50 AM

Quote from: icecube45 on October 23, 2016, 07:50:24 AM

No, bitcoin is no more popular than the US Dollar. We all already know that bitcoin is still popular and many people do not know bitcoin. In contrast to the US Dollar which greatly affect the price of other currencies. US Dollar is very well known to many people even around the world. US dollar is still more popular than the bitcoin.

I can't disagree with that. Certainly, Bitcoin is now less popular and, by the way, a lot less legal then dollar. However, we may say that it is potentially more popular then dollar if we believe that the era of bitcoin will come in the near future along with death of USD.

Dollar wont die as any other currencie, they can improve to digital and just that, bitcoin cant replace any of them, nowadays bitcoin can be like a stock of value for some people that cant buy others currencies like dollar. Dollar will remain for a long period as the main currency worldwide and bitcoin can get some bigger space and will, but not a problem for usd.

Perhaps not very sensible to consider a dying dollar currency. This currency is practically kept the world economy. The World Bank will work with each country to support the dollar.

Doamader

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Quote from: kryptqnick on November 05, 2016, 06:43:50 AM

Quote from: icecube45 on October 23, 2016, 07:50:24 AM

No, bitcoin is no more popular than the US Dollar. We all already know that bitcoin is still popular and many people do not know bitcoin. In contrast to the US Dollar which greatly affect the price of other currencies. US Dollar is very well known to many people even around the world. US dollar is still more popular than the bitcoin.

I can't disagree with that. Certainly, Bitcoin is now less popular and, by the way, a lot less legal then dollar. However, we may say that it is potentially more popular then dollar if we believe that the era of bitcoin will come in the near future along with death of USD.

Dollar wont die as any other currencie, they can improve to digital and just that, bitcoin cant replace any of them, nowadays bitcoin can be like a stock of value for some people that cant buy others currencies like dollar. Dollar will remain for a long period as the main currency worldwide and bitcoin can get some bigger space and will, but not a problem for usd.

danherbias07

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I think versus should not be used here instead it could be USD and BTC. This two combined will surely give a good success to bitcoin. Look at oil being used by US because I think investments are mostly in their country.

kryptqnick

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Quote from: icecube45 on October 23, 2016, 07:50:24 AM

No, bitcoin is no more popular than the US Dollar. We all already know that bitcoin is still popular and many people do not know bitcoin. In contrast to the US Dollar which greatly affect the price of other currencies. US Dollar is very well known to many people even around the world. US dollar is still more popular than the bitcoin.

I can't disagree with that. Certainly, Bitcoin is now less popular and, by the way, a lot less legal then dollar. However, we may say that it is potentially more popular then dollar if we believe that the era of bitcoin will come in the near future along with death of USD.

Rostadom

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Quote from: X-ray on November 05, 2016, 04:59:19 AM

Quote from: phieiph on November 04, 2016, 05:52:38 PM

Quote from: Pitchblackroom on November 04, 2016, 05:43:23 PM

Bitcoin is a currency/commodity like gold that is used in some exchanges with USD Dollar values.
USD is the typical fiat currency of the United States

Wouldn't say they are the same, just different roles

Dollars are also probably not a bad investment. At the time of speculation with dollars many people have suffered because of the fact that smelled this infection.

LOL with the current situation in USA which now facing the president election which could potentially making economic worse or better by the result of the election,investing on USD is definitely a bad idea unless you have a power to predict who's going to be elected and become the president and what's the effect to the economy

Hilary and Trump has been a topic all over the world. Seeing how bad the Americans see their future president is a big sign that their economy might become worse. The USA have debt from different nations and I don't think that Hilary or Trump is capable of solving that problem at all. That will surely affect the price of USD and I think investing in bitcoins is far better than investing in USD. USD is a fiat currency and that doesn't go up as much as bitcoin does.

X-ray

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Quote from: phieiph on November 04, 2016, 05:52:38 PM

Quote from: Pitchblackroom on November 04, 2016, 05:43:23 PM

Bitcoin is a currency/commodity like gold that is used in some exchanges with USD Dollar values.
USD is the typical fiat currency of the United States

Wouldn't say they are the same, just different roles

Dollars are also probably not a bad investment. At the time of speculation with dollars many people have suffered because of the fact that smelled this infection.

LOL with the current situation in USA which now facing the president election which could potentially making economic worse or better by the result of the election,investing on USD is definitely a bad idea unless you have a power to predict who's going to be elected and become the president and what's the effect to the economy

tee-rex

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Quote from: 1Referee on October 31, 2016, 03:39:20 AM

Quote from: BitHodler on October 25, 2016, 10:13:18 AM

Quote from: Doamader on October 23, 2016, 11:58:12 AM

No way dollar and others currencies will always be the most used currency, and bitcoin and crypto world wont replace those, crypto world can make a bit pressio to the current system of high fees readjust to the new way.

The low fee structure of Bitcoin (which is already changing) is the selling point that we all want to advertise with, but as we progress through the years, pools will more and more depend on the fee income.

It basically means that the average fee will only increase in the coming years. Even to a certain level where we can't refer to Bitcoin's low fee structure anymore. We're underway already.

I find that the fees are too high already in case you are just using Bitcoin as a currency tool to complete purchases. If I compare Bitcoin as currency to fiat when purchasing my daily needs, then I prefer to keep using fiat as it's more convenient (in this use case), all transactions are free, instant, etc.

Why would you want to spend bitcoins on your daily needs, even if the fees and other overhead expenses didn't increase exponentially? In my view, Bitcoin is like gold, and I don't think you would want to spend your precious coins for making a casual purchase of goods or services, for example, to pay for a cup of coffee, even if you got a good exchange rate. I would keep bitcoins for buying something of a more lasting value, for example, real estate or gold itself.

mirakal

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Quote from: phieiph on November 04, 2016, 05:52:38 PM

Quote from: Pitchblackroom on November 04, 2016, 05:43:23 PM

Bitcoin is a currency/commodity like gold that is used in some exchanges with USD Dollar values.
USD is the typical fiat currency of the United States

Wouldn't say they are the same, just different roles

Dollars are also probably not a bad investment. At the time of speculation with dollars many people have suffered because of the fact that smelled this infection.

It depends on how you value dollars and when you compare the two you will know which is more profitable. Bitcoin is more profitable for me so I would not bother investing with dollar and since there's a rumor of possible dollar's collapse, I would rather put my money in bitcoin.

phieiph

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Quote from: Pitchblackroom on November 04, 2016, 05:43:23 PM

Bitcoin is a currency/commodity like gold that is used in some exchanges with USD Dollar values.
USD is the typical fiat currency of the United States

Wouldn't say they are the same, just different roles

Dollars are also probably not a bad investment. At the time of speculation with dollars many people have suffered because of the fact that smelled this infection.

Topic: USD vs BTC - page 68. (Read 121169 times)