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Topic: USD vs BTC - page 92. (Read 121169 times)

member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
June 09, 2016, 08:09:35 PM
I think no.USD is still over to bitcoin in terms of popularity.USD is the basis of almost all currencies around the world and  its been managed by governments.Although bitcoin have many subscribers and users usd is still more popular than bitcoin.Bitcoin industry is still depending on usd currency.
full member
Activity: 196
Merit: 100
June 08, 2016, 12:12:04 AM
Many international experts believe that the dollar's dominance will not last forever. Director General Coinbase Brian Armstrong believes that Bitcoin will be able to surpass the dollar and become a global reserve currency in 10-15 years.
Those who foresaw the end of the dominance of the dollar in the near future, consider that there are reasonable grounds for such assertions. The reasons for this conclusion are factors such as "quantitative easing", which creates too much liquidity and reduce its cost, lack of demand outside the United States, where more than half the world's dollar reserves, bilateral trade agreements, the number of which is growing rapidly and moving goods and services in dollar detour to avoid its impact on trade.

To date, there is no such universal currency that could replace the dollar, so until then, until a stable solution is not found, a temporary replacement can be a "basket of currencies". After more than seventy years of unlimited economic power only a few days remain dollar. Therefore, many have already started to look for Bitcoin.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
June 08, 2016, 12:04:54 AM
I think its a big no.Because usd are the basis of all fiat currency around the world.But on the other site although bitcoin have many subscribers online bitcoins cant still dominate usd currency online.Because bitcoins is still depening on usd and bitcoin is just a commodities for me because it is just based on supply and demand daily

Yap USD will always the one the will dominate all currencies not just the fiat currency in the world are depending on USD.
And as well as the crypto currencies they are also depending with bitcoin. Especially bitcoin, it is basing on the price of USD.

But for Americans they think that their currency is going down. That is how strong it is. On our side we think that they are strong but it is the contrary on what they think.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 07, 2016, 11:47:47 PM
I think its a big no.Because usd are the basis of all fiat currency around the world.But on the other site although bitcoin have many subscribers online bitcoins cant still dominate usd currency online.Because bitcoins is still depening on usd and bitcoin is just a commodities for me because it is just based on supply and demand daily

Yap USD will always the one the will dominate all currencies not just the fiat currency in the world are depending on USD.
And as well as the crypto currencies they are also depending with bitcoin. Especially bitcoin, it is basing on the price of USD.
hero member
Activity: 1372
Merit: 564
June 07, 2016, 11:35:19 PM
I think its a big no.Because usd are the basis of all fiat currency around the world.But on the other site although bitcoin have many subscribers online bitcoins cant still dominate usd currency online.Because bitcoins is still depening on usd and bitcoin is just a commodities for me because it is just based on supply and demand daily
legendary
Activity: 1652
Merit: 1057
June 07, 2016, 01:14:00 PM
is bitcoin more popular than US Dollar ?

In my opinion, yes, because bitcoin is way better than USD. You can use it virtually, it is irreversible, and it has a limited amount of bitcoins that can ever exist in the world. As opposed to the fiat currencies.

USD doesn't retain in value over time, but BTC does.
I think the question is not what is better and what is less better. We all know that dollar is less effective that BTC but at the same time due to it being running since long time, is popular much more than BTC. But people will sustain with the effective one for sure.
hero member
Activity: 714
Merit: 500
June 07, 2016, 10:04:36 AM
You cannot compare centralized and decentralized currencies together. USD cannot be compared with BTC .
I think BTC is very popular but it is not fair to compare with USD, because it being centralized.

If something shares some properties with something else, these somethings can always be compared in some fair way
Bitcoin will be now more used as a payment method and that is really nice because some people likes also to earn some money with Bitcoin so that is nice.
But of course you dont know what is going to happen in the future later but it will be nice if the value will be higher.
i dont think us dollar will ever beaten by the bitcoin and that is only because of the many users the us dollar got. Not that bitcoin does not have allot of users but i know for sure that people always pick gold instead of bitcoins because gold is allot more worth then the coin. everything is for sell for enough gold
member
Activity: 84
Merit: 10
www.lunarbets.eu Bitcoin*Sports*Betting
June 07, 2016, 07:16:42 AM
The US dollar is still more dominant when it comes to trading anything.  Because it controls almost all the exchanges by using it as a base.  If the crude oil value will be based on bitcoin then, that is the time that it will become the most dominant currency.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
June 07, 2016, 04:33:15 AM
as a fens,I chose btc

For me, you don't have to choose any of them. Why not choose both of them and use them wisely.
For fiat you can use dollar and for crypto you can bitcoin.
It will just depend on how you are going to use both of them and no need to sacrifice any of them.
newbie
Activity: 28
Merit: 0
June 07, 2016, 04:26:25 AM
as a fens,I chose btc
sr. member
Activity: 465
Merit: 250
June 07, 2016, 03:08:46 AM
the us dollar vs the bitcoin what do you think witch one will always be the best. That is not a quiet difficult to answer because we all know that gold will always be number one for all of us.
sr. member
Activity: 336
Merit: 250
June 07, 2016, 02:41:30 AM
us dollar versus the bitcoin who would win. I think that the bitcoin cant do anything to the us dollar because a bitcoin exist out of us dollars or you can say gold. But there will always some people who actually think that bitcoins will be bigger then us dollars XD
sr. member
Activity: 294
Merit: 250
June 07, 2016, 02:40:58 AM
You cannot compare centralized and decentralized currencies together. USD cannot be compared with BTC .
I think BTC is very popular but it is not fair to compare with USD, because it being centralized.

Well not really. If you are comparing two currencies, one of the first qualities I would look for is whether it's centralized or decentralized. I would much prefer a decentralized currency over a centralized one.

Fiat currencies are inferior to bitcoin, because it doesn't act as a store of value in the long term. It also doesn't offer the portability that bitcoin offers, as well as the anonymity that bitcoin offers.
sr. member
Activity: 406
Merit: 250
June 07, 2016, 02:34:54 AM
Bitcoin can use only in online payment most of the wise people use this to get some discounts.
Dollar can use in online/offlline - its better for me! for now we do not know what happen in the future of bitcoin
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
June 07, 2016, 02:20:44 AM
You cannot compare centralized and decentralized currencies together. USD cannot be compared with BTC .
I think BTC is very popular but it is not fair to compare with USD, because it being centralized.

If something shares some properties with something else, these somethings can always be compared in some fair way
Bitcoin will be now more used as a payment method and that is really nice because some people likes also to earn some money with Bitcoin so that is nice.
But of course you dont know what is going to happen in the future later but it will be nice if the value will be higher.
sr. member
Activity: 336
Merit: 250
June 07, 2016, 01:50:33 AM
is bitcoin more popular than US Dollar ?
Bitcoin and usd is popular but USD currency has more users than bitcoin. In gaining more profit, Bitcoin is my choice theirs many site that is offering bitcoin payment only. Bitcoin is more popular when earning much profit
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 06, 2016, 01:20:19 PM
You cannot compare centralized and decentralized currencies together. USD cannot be compared with BTC .
I think BTC is very popular but it is not fair to compare with USD, because it being centralized.

If something shares some properties with something else, these somethings can always be compared in some fair way
hero member
Activity: 2548
Merit: 605
June 06, 2016, 12:40:55 PM
You cannot compare centralized and decentralized currencies together. USD cannot be compared with BTC .
I think BTC is very popular but it is not fair to compare with USD, because it being centralized.
sr. member
Activity: 363
Merit: 250
June 06, 2016, 10:14:11 AM
the united state dollar vs the bitcoin wont be a big deal for the us dollar. And thats is because do you even know how many users the dollar has instead of the bticoin users that is the reason why bitcoins will never win wha.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 06, 2016, 09:56:50 AM
I think Bitcoin will not be adopted because of government approval. It will be adopted despite government's disapproval. Look at Bitcoin's existing history. It's a constant rise. Did governments approve it. Hardly! When the fiat system finally collapses - which can happen anytime between now and two decades - people will desperately seek any asset to store their remaining wealth. It will be a stampede running for sound money - precious metals and Bitcoin. Government will have no say in this, because it will be effectively nonexistent during these dark times

I think if we ever live up to that (when there will be no government around), Bitcoin will be the last thing that we will care about. Ammo, water, canned food will be highly valued instead of now useless digital tokens (Mad Max style)...

In other words, government is an insurance for Bitcoin existence and well-being
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