I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
thats true, dollars are really important when it comes to bitcoin trading, pretty much it is based on dollar
Topic: Will the US Dollar dominate bitcoin trading - page 4. (Read 6612 times)
I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
The USD definitely dominates a majority of the online trading scene, however I don't know whether or not the USD dominates a majority of the other trading when it comes to volume.I would definitely consider the Japanese Yen and Chinese Yuan big contenders for trading volume online, but I think a majority of money is still traded back and forth between USD and BTC.
I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
thats true, dollars are really important when it comes to bitcoin trading, pretty much it is based on dollar I think trading bitcoin for US dollars may be the most popular trading pair. I expect that the be the case going forward so it will play a role in the future of bitcoin trading.
yes i a also agree with you i think in present time Dollar is more reliable and stable currency than any other fiat or crypto currency, but hope that a time will come when bitcoin will be the best currency of the world.
No dollar will not dominate with bitcoin trading because euro is more and more popular and euro will provably dominate in biitcoin trading.
In terms of trading and stuff in bitcoin, I think US Dollar dominates. In terms of mining, etc China dominates bitcoin since they have the largest mining pools and many of bitcoin whales live there. Despite that in my opinion US Dollar still dominates now because the price is dictated by US Dollar, and the other currency's price is just a converted sum from the dollar equivalent.
If i think about it is logic that the US dollar will lead in the crypto atmosphere but then i think about it more logically and the answer is now.
China owns bitcoin, The market cap, the whales, the pools and the equipment... it is all owned or made in china.
But the volume in usd vs yuan is too large, i do expect the US volume will grow significantly in the near future, since more and more non Chinese parties decided to join bitcoin.
China owns bitcoin, The market cap, the whales, the pools and the equipment... it is all owned or made in china.
But the volume in usd vs yuan is too large, i do expect the US volume will grow significantly in the near future, since more and more non Chinese parties decided to join bitcoin.
The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
I think that the basement price which bitcoin can be valued in fiat is USD even though USD can drop a bit.
And from the usd exchange to other currencies is defined the exchange rate for example in EUR.
If you trade the bitcoin with other altcoins, the bitcoin will be the base currency. It will be more so in the future.
Don't know what you mean on the last sentence but most of cryptocurrency investment is made in bitcoin.
So as long as bitcoin is being used so much for investment I think is good enough for the bitcoin itself.
I have seen few article about one of OIL broker started accepting payment via bitcoin but forgot about the their site and name. However if this types of practice keep on growing, soon there will be lots of OIL suppliers that will be selling oil for bitcoin. This can harm USD just like they fear about getting dominated by gold over USD on oil trading.
The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
I think that the basement price which bitcoin can be valued in fiat is USD even though USD can drop a bit.
And from the usd exchange to other currencies is defined the exchange rate for example in EUR.
If you trade the bitcoin with other altcoins, the bitcoin will be the base currency. It will be more so in the future.
The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
I think that the basement price which bitcoin can be valued in fiat is USD even though USD can drop a bit.
And from the usd exchange to other currencies is defined the exchange rate for example in EUR.
I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
yes it is a fact that US Dollar is really dominating the bitcoin, mos the countries economy is depending on the US Dollar. but hope that in days bitcoin will be more powerful than any other currencies and all the world will be using bitcoin instead of fiat currencies or any other crypto currency.im from Europe and most of my trades are in dollar only when im withdrawing some amount then its in euros
dollar is dominate here not just in crypto world but in all exchanges and markets on the world is prime value to trade
The dollar is globally the main fiat, and bitcoin is globally the most important cryptocurrency.
There are way more dollars out there than bitcoins.
So it is just natural that the two primarys of each of their segments are mainly traded against each othere, while the stronger one (dollar) dominates the smaller one.
There are way more dollars out there than bitcoins.
So it is just natural that the two primarys of each of their segments are mainly traded against each othere, while the stronger one (dollar) dominates the smaller one.
I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
yes it is a fact that US Dollar is really dominating the bitcoin, mos the countries economy is depending on the US Dollar. but hope that in days bitcoin will be more powerful than any other currencies and all the world will be using bitcoin instead of fiat currencies or any other crypto currency.im from Europe and most of my trades are in dollar only when im withdrawing some amount then its in euros
dollar is dominate here not just in crypto world but in all exchanges and markets on the world is prime value to trade
If by 'dominate' you mean the currency that Bitcoin is most traded against then of course it's going to be the Dollar. What else would you want to use (other than perhaps your local currency)? The Dollar is the logical choice because it is the most widely recognized/accepted currency in the world.
I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
yes it is a fact that US Dollar is really dominating the bitcoin, mos the countries economy is depending on the US Dollar. but hope that in days bitcoin will be more powerful than any other currencies and all the world will be using bitcoin instead of fiat currencies or any other crypto currency. 
Noo it will not happent because Euro will have btc to euro and euro to btc domination in trading because peoples from Europe know better to use bitcoin ccryptocurrency and they use it more often.
I think trading bitcoin for US dollars may be the most popular trading pair. I expect that the be the case going forward so it will play a role in the future of bitcoin trading.
The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
There is no way US dollars will dominate crypto when we have localbitcoins.com
Why sell in dollars before converting to your local currency?
I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
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