Bitcoin Forum

When people talk about Bitcoin price, they usually refer to its price expressed in dollars. I really don't understand why...

US Dollar is going down in price, US economy is collapsing. There are many other countries which has more Bitcoin users, like Russia, China, Japan, Philippines and the whole Eurozone. Even ICOs are forbidden in the USA. It's not a so Bitcoin-friendly country, its national currency is not so strong. So why price Bitcoin in $?

There could be many other more appropriate currencies like EUR, CNY or RUB...

It isn't really something to do with Bitcoin, it has to do with the world economy.
Whole world is largely pricing things in USD. A lot of country currencies are priced in USD. Oil is priced in USD and many more. They have most of the worlds economy and an old currency, so they stayed on top for use in trading.

World is just used to pricing things in USD. changing to EUR would be a little weird, mostly for Americans and even people in Asia. People really aren't aware of what other currencies are worth, but everybody knows the dollar.

USD is the most stable fiat currency and giving a BTC to USD puts a price on bitcoins that the majority of people will be able to understand. If we were to give rates as "BTC to Gold" or "BTC to Silver" then people would have to go and google the prices for Gold and Silver and that would be even less convenient for people. Most people have some idea what the conversion of their local currency to USD is.

i agree with the above poster, it is a very common thing in the world to talk about the value of stuff in USD when you are talking globablly and we all know that bitcoin is global so we need some unit of value that is more global than JPY, CNY or even EUR.

if i say bitcoin is 7000 CNY majority of people will have to open up a website to convert CNY to a currency that they can understand if 7000 is big or small. but if i say bitcoin is 1200 USD majority will know i am talking about 8 months ago.

In my opinion I think USD or $ is being compared to BTC BTC because of USA is one of the top Leaders in many industrial business like in currency, products, technologies, Also all around the world many people communicate to each other or any race like asian, europe, black speaks the number 1 language  that is English.

USD is familiar to everyone, in online market almost all payments are done in bitcoins same in the case with USD all offline payments are done in Dollars and it is the most stable fiat currency of all time. And also accepted in many countries of world in offline stores. That is the reason why bitcoin expressed its price in USD.

In general international markets and other currencies are measured against the dollar because it is seen as a reserve currency.  Also, to buy or sell BTC, a person has to trade with fiat (unless they buy potatoes with fiat and then trade them against the dollar, but that seems unlikely).

All modern capitalist economies have boom/bust cycles.  If the US dollar falls against other currencies for a while, it doesn't mean much.

PS: some people do measure against other currencies depending on what country they're from. 

I think this is because the dollar is the top currecny and they want to aim on what dollat have now. Dollar is ine of the demand currency, and most of the countries used the dollar so if the bitcoin become legalise it can compete to the other currency like dollar.

This time dollar is successful and it is so loud around the world, this will the want of bitcoin to become popular. Like dollar, bitcoin have a chance to become top this is because of benefits and uses in the user.

Well, you have choices. Generally you want to translate it to any fiat currencies because that's where most people liquidate it, and usually you are using a US-based service which is maybe the default translation would be in USD. When your argument is USD devaluing, tell you what, all fiat currencies are devaluing. Moreover, you can't price a product by BTC because volatility.

That is right, it is also said that it is like the international currency it is because US Dollars is the most traded currency of all the Currencies. There are also Yen and Euro but still, USD is at top. You can say it is the equivalent of BItcoin in Digital Currencies, you can read more here in this Link (https://www.thebalance.com/world-currency-3305931).

No doubt, when we download wallet apps for bitcoin mostly it involves a convertion in USD. Usd is the basis of all currency all over the world. Your countries fiat iis also based on USD so as btc also.

Yes, USD is soo big that currency that it makes it the golden standard for comparing prices. Commodities, ETFs, stocks, cryptos, ... they are largely priced in USD to make it even more simple to understand the value of such divident. Funny is, that the US debt-ie economy is soo big that these prices are largely just fantasies compared to the real price of USD backed by gold (well, if there is such thingie as gold in US economy).

I think it's because most people consider dollar as one of the most stable currency. I think most of the things in this world are expressed in dollars because it's one of the most dominant currency. A lot of people are using dollar and most transactions are in dollars.

But EUR is as bad as USD? Maybe not literally yet... but if you believe USD will collapse then so will EUR.

If you want to know the value of a currency, you are forced to compare it to another one.
And the dollar is one of the most used currency in the world.

But to answer your question, no the bitcoin is not always compared to the dollar. It's probably due to your location or the articles you read. Because you can find comparison with EUR or Yuan... etc

I don't think that the fact that the dollar is in a good or bad shape, is really relevant. Which is relevant is to base your comparison with a currency which is used all around the world and stable.

Because USD is one of the most comonly used currencies in the world, and is what most people use to talk about the price. This car is 34000 grand usd, my house is 400k usd etc. etc

United State Dollar is widely used in the world, Bitcoin as this past few years been in as a legit competitor especially the price. This two is always been comparable even before.

Its not only BTC to USD, almost all currencies are compared against USD because USD is the world’s primary reserve currency,  a lot of countries hold reserves of the USD.

Yes you are right. English, the language of US is spoken in all over the world. People of most of the world try to go there to make their future good. Their language, technology, currency almost everything I considered as a standard in most of the countries. Additionally USD is also one the most expensive currency in the world. so USD is taken as a standard to compare other currencies and also the bitcoin.

As USD is the currency that is accepted mostly all over the world and it is also a very stable currency, so I believe that's why bitcoin is compared to USD.
And local exchanges also list the bitcoin vs local currency pair on the exchange too along with the btc /USD pair.

You're wrong in one aspect, not everyone consider bicoin's price in terms of USD. In Russia, RUB is very usual. IN China, CNY always domanites over USD and Chinese exchanges are in form of CNY type of trades. Maybe the only problem is with EUR.

Yes. This is something which is really true and valid. Bitcoin is compared to USD because US is perhaps the most leading country in the world, especially when e talk about trade and economics. Many countries use English as an important language for their official use. So, it will not be wrong, saying that, USD is an official currency which is used in the whole world for comparison and stalk exchange etc.

I think that's why the USD is compared to BTC because USD is the center of the world economy
Some Asian countries will be affected by the economy if the dollar rises or falls.
I think that's why the USD is compared to BTC

If it wasnt for the USD beinf the base $, I would have very little understanding of how the market works as USD ys my main firm of fiat. If it was any other fiat, I would have to convert then monitor the fiat to make sure my bang for buck. Everyone knows the US economy will fall which makes BTC even better.

Whatever happens in the long term, the USD is still the most dominant currency in the world. The US economy remains the largest in the world, too. And their military exists to keep it that way for as long as they can. So it's still very relevant, and it's always a massive market for BTC and altcoins.

ICOs aren't forbidden; the SEC just said that some ICO tokens are securities (they didn't specify except for the DAO and didn't take any punitive action). Some ICO promoters are just worried about them. I wouldn't say that the US is not Bitcoin-friendly; they are just very regulation-oriented and the government likes to wave its dick around to make a point.

One reason can be from refined from lessons learned in our history of decentralized systems versus other centralized systems. One can be acknowledged through the present day scene, and one investigates the eventual fate of cash as we probably am aware it. So we should start with our capacity to gain from history.

You can compare Bitcoin to any fiat currency or any altcoin. I'm sure that on Japanese message boards, they use the Japanese yen as the basis for comparison. I've seen exchanges with euros and rubles as trading pairs. I think you are looking at sites that have a larger American following so the US dollar it what is used for those sites more than other fiat currencies.

I think because dollar have low price and bitcoin being expensive more and more. Many user use bitcoin because they can earn bitcoin easily unlike dollar. It is easy to use bitcoin because bitcoin have an own world.

In 2017 the USD is weakening against major currencies but it is hardly collapsing, at least relative to other economies.

In fact, between 2012 and 2016 the USD has strengthened against EUR, RUB and CNY. It wasn't because the US economy was doing great. Rather it was a case of the other economies doing worse than the US.

Even if there are more appropriate currencies in the world to compare btc price into, USD is still the world's leading fiat currency at present and is still dominating in many industries and for this reason even stocks sometimes base their price on USD. In terms of people talking about btc price which knows that they are both from the same country, sometimes USD is not used since they use the fiat currency that is used in their country to talk about btc price.

Bitcoin is always priced in USD because USD is one of the most famous and most used currency in the world and it is the universal currency and if you are from Philippines then you cannot use their money to buy things internationally and you need to convert it into USD first before you buy something and that is why bitcoin is generalized and priced as USD.

What do you think when talking about USD? A world leader? Is the common currency recognized and used by everyone? With the same features, bitcoin and USD are comparable.

Because USD is still the reference of the world as a currency that is widely used today
Besides that USD has become the currency that is used every day in our life, between countries now more inclined to use usd (majority). Maybe in the presence of bitcoin sometime usd will no longer feasible to be compared

That is just to compare the real or monetary value of Bitcoin. USD has become like a default world currency so the basis of most of international stuff that has value has to be in USD. For example in Bittrex, the basis of monetary assessment will be in USD. But you can always have it compared to Euro.

You obviously don't know that much about how every country sees every currency. Because just fyi, some countries do use their fiat to put a price on bitcoin or other things. China is an example. But really depends on the person if he wants to refer to his own fiat for the price of btc.

But to answer your question., i think maybe it is because of the way dollars have shown its stability for the longest time. Plus it has great influence in terms of economic things. Plus it has already proven its superiority over other counties for a lot of years now. So even if a lot of fiat has become better than dollars, people prefer referring prices to dollar because it has been what they got used to. Generations of being used to something is pretty hard to change.

I'm from a country with own national currency that i been used to compare the value of bitcoin. And every citizen of every country does that. So it is not totally correct that usd is the only basis of bitcoin value, but maybe sometimes. It is much easier and more understandable if you used local currency that USD.

The simple reason why mostly BTC is expressed in USD is that USD is the most widely accepted currency and almost everyone is upto date with its price and economy. Yes USD might be going down in price this year, but it's still far more comfortable and easy to use USD than other currencies.

people compare Bitcoin to USD, probably because in the Fiat world, all foreign exchanges are comparing their currency to the dollar, making it a basis to check whether their money is gaining spending power or not, because back then the dollar has no value, after they took it off of the gold standard, in order to save the US economy, and they made it to petro dollar, but it is not backed up by any other commodities, they just made use of USD as the basis of payment, and so all other countries follow, since oil is energy, and we need energy for the country to work, that's why countries exports dollar and in the middle east, they would take USD as payment. however in the crypto world, Bitcoin has a different story, most cryptocurrencies are comparing their coins to bitcoin, since bitcoins can be exchanged to any fiat currency, not only USD, we are only using USD as a basis again, to check the spending power or value of bitcoin, in other words, both bitcoin and USD does not coincide with each other, if the value of the dollar goes down and the value of euro or rupee goes up, it is much more practical to exchange bitcoins to the latter fiat currencies, since bitcoin does not only support USD. I think we should all first check the history of money and how it came to be and since that we are in and age of advance technology and bitcoin is on top of the crypto world right now, we cannot just only compare bitcoin to the dollar. we need to remember that at first there was the barter exchange, the exchange of goods, and then we learn to use coins, gold coins, silver and copper, and those coins still has value, and bitcoin is gold 2.0, which means its value increases through time, and doesn't get affected whether the value of USD goes up or down.

Bitcoin compare to Usd because USD is the most used currency worldwide. Usd as the currency worldwide but in bitcoin everyone can grab the opportunity to earn money. Because bitcoin is being rising the price and others wanted to invest just for profit. So however, btc is really comparable to dollar.

Bitcoin is compared to US dollars because US dollars is the most common mode of exchange. For example in a forex company they usually comapare the price of their curency to 1 dollar. And in this manner it is easy to say if the status of bitcoin is good or bad as compared to US dollars

It's not official statement but it's just the way representing price one the terms of USD. In the world if you look for other assets also then they will be traded or stated in terms of price unit, that's USD. It is used in general to represent every other currency also. GBP, EUR are also having top values in the world but we still calculate them in USD for our understanding. The conversions are also always made in USD currency. May it's just has the easy acceptance globally and everyone understand the USD term that's why it is used.

Well, i am also sometimes confused, why many people compare bitcoin and usd. But after I read many articles, many people think that bitcoin is money. So, they always compare bitcoin with dollars, where usd is currently into international money.

Actually, there are many liquid currencies in the world right now. So apart from USD, currencies like GBP, EUR and JPY are also well traded. So other countries' currencies get priced in multiple trading pairs. The same is true of Bitcoin as well.

I think its because US dollars is consider overpowering fiat curency among everyone even other fiat currency are measure against US dollars on forex and exchanges.

i think because Usd it's an international currency based on political finance of USA.

probably because bitcoin as a benchmark price of digital currency while usd is the benchmark fiat currency exchange rate
So if it is so then people will more easily understand it

It's an international currency used by the majority of the world, unlike Euro, JPN and many other currencies.
Even in China, only USD is accepted in B2B (Business to Business) and B2C (Business to Consumer) international trading. Check Alibaba/Aliexpress for reference.

Bitcoins captivates much attention around the world perhaps it soars high to reach its multiple value vs dollar as of this days.. As we all know dollar is a very strong centralized currency globally and majority of the country's commonly used dollar as a mode of exchange.

that's what I actually questioned since the beginning of the bitcoin world, why bitcoin raced on the strength of the dollar, while other currencies much more profitable, for a moment crossed my mind, that this is already established American, so not one currency is used as a reference to bitcoin prices.

Yes I agree USD is still considered to be the most stable currency and not only that but also it's the only currency which has been popular all over the world since long ago and it's easily acceptable everywhere in the world. USA has a strong influence on most of world countries economies which even Euro doesn't have. Euro might be popular and acceptable in EU countries but most of Asian and African countries still prefer USD. So the people of a larger number of countries would prefer USD to BTC or vice versa to any other currency and that's why I guess this BTC to USD comparison and that's just fair I don't think.

SIMPLY BECAUSE DOLLAR IS THE GLOBAL CURRENCY.

They might have banned ICOs for as they say Customer protection but not Bitcoin. USA is Bitcoin-friendly country. Moreover, these two facts doesn't matter at all because Dollar plays a dominant role in international trade and finance as both a store of value and a medium of exchange. Therefor, it will be considered when there is something International. Bitcoin being international need to be expressed in Dollars. Most of the countries have their own exchanges and sometimes price deviates nationally regardless of international price.

They compare Bitcoin to US Dollar because it is the worldwide currency. It is the currency that is highly accepted and appreciated wherever you go worldwide. It should nit depend on the strength of the USD but on its acceptance and appreciation. Why would you want to compare BTC to other currency if the other countries will not accept it?

This is because many people all over the world can easily relate to the US dollar because it is popular and in almost all parts of the world and do quoting bitcoins value in US dollars makes it easier for everyone Irrespective of the country or jurisdiction.

usd is a world curency ! BTC is the most highest price in Online curency ! So BItcoin will always come with USD ! When you have a big amount to btc ! You would like to exchange to real money , usd will be the one ! why would you want to exchange 1 BTC in to YEN , VND ,.... Also USD is most likely professional money ! I guess that bussiness man and millionare always use USD so people kindly like USD more than another CURENCY ! BTC Is also

Its still very impractical to use bitcoin for every single thing on a day to day basis. There are middlemen like the bitpay card but its still inconvenient, relating it to the currency you function most with is easy for the vast majority of people.

Greed  and desire... You live an adult from 18 to 80 Years ..  USD make your food healthcare etc.. The day Crypto directly provide you healthcare  and everyone can have access to Crypto..that day normal currency collapse.. till then USD /EUR survive..


and Why ???  due bully style of bitcoin. Bitcoin should allow other atlcoin to survive . and there by bitcoin.. else its an asset class to be abandoned in a decade...

Because we are americans and we tell you little bitchassed chinks what to do.  That's why.  Got any more questions?

As far as I know, bitcoin is well known and most trusted fiat all over the world and it is more use to trade worldwide, so bitcoin is most converted in usd before local currency, but actually there is nothing to do with that.

I appreciate your thinking regarding this issue. but I think that this trend hasn't been build in a day. once upon a time gold was considered as the price value of every product, after that when the British were dominating whole over the world then pound was used to measure but after the 1st and 2nd world war everything has been focused on the united states. so that thier currency also has been used most of the cases. but this process will also shift very soon.

Bitcoin from dollars is so farther. Why they comparing it? Simply, because dollar is the world currency, common known fiat. That's a dollar. Dollar and Bitcoin have inversely characteristics. Like, dollar is centralized and bitcoin is decentralized. Dollar's value or price is stable, while bitcoin's value or price is not stable at all, because of its volatility. Dollar is popular to traders and investors in our world, so that's why they compare dollars and bitcoin.

Because everybody know what's the dollar, it's an international currency. As an example if you go to amazon or ebay and buy some products, you can only pay with dollar, not yuan or rubel. Unless you wait for bitcoin to be a legal currency in the whole world.

Regardless of the financial excellence of the concepts of bitcoin, Bitcoin is priced in USD ( in american exchanges) for us to know the value of our holdings in bitcoin in this moment and to enable others to buy bitcoin. if it isn't priced, Then no one can buy it as well as sell it and it will very much lose it's value, Regardless of your opinion in US and regular economies, it's still the only way to value something.

All depends, first and foremost from people. If they start to ignore the dollar sellers will look for ways to sell your product. If there is a demand for the purchase of goods for bitcoin the sellers to move quickly and bitcoin will become an international means of payment.

Because US Dollar is so far the most popular currency in the world. Despite fact that economy of US is not that amazing like it used to be in the past, it is still the major power.

Every fiat currency purchasing power is going down, it is a natural process and it is called inflation.  I wouldn't say that US economy is collapsing, it becomes a bit stagnant but it is still a power house.
I am afraid that Rubles or CNY is not something we could use, Ruble never was considered global currency, same with Yuan and Yen.
Euro might be a better pick but there are troubles in EU too which might arise in the future i.e. migrant crisis.

As far as I know, not everyone is bitcoin priced in USD, just in exchanges using USD as the base currency (in which you get your deposits), Kraken, BTC-E *before* and every single non-USD exchange has it in different countries,
The majority of deposits even when using European based exchanges is still in USD though, so they all need to have a pair between USD and Bitcoin, but it isn't the only one.

bitcoin can be compared to USD because most of the world's economy is based on the dollar. such as buying goods from other countries that would not be possible to use a particular country's currency, most international currencies use the dollar, as well as bitcoin because the development of bitcoin is widespread until bitcoin users can be felt in the world.

I agree with you, bitcoin can be compared to USD, because both of them are currencies and have some value, so it's normal to compare each of them, Also if we want to exchange our bitcoin to USD, we shoud know the exact amount of dollars in this actual time of buying or selling.

People usually compare BTC to USD because USD is the most used fiat currency worldwide , while Bitcoin is the most used crypto currency. So the Bitcoiners hope that BTC become more used worldwide than USD, which need some other time surely.

Here we should keep in our mind that before the bitcoin and also after the bitcoin USD is a famouse option to convert money from any fiat to anyone that wants in directly in bank account ( PayPal ) .
So after became the popular of the bitcoin we compared it with the doller mostly and this get trend to use btc/usd .
So here that is habbit of using the particular unit only .
Here we can understand in another way also , As we are using bitcoin currently mainly for trading but stilo we have another coin's options like ETH , BCH like coin , that is only the habbit of our mind to use the particular thing like the priority .

That's because of high influence American economy and American government have all over the world. So U.S. national currency, USD becomed the benchmark of fiat currencies in forex market, stock market, commodities and now even in crypto markets. I don't know if this is gonna last forever though... maybe in the next few years we'll take another currency as a benchmark, for example the Chinese one because of high power of Chinese economy.

because USD is the most widely used currency in the world. although in a country they do not use the dollar, but they still use the dollar as their currency reference.

It's because dollar is the international currency. it start from the Bretton Woods agreement after World War 2 whose effects are still felt today. agreement to use gold as a global standard of currency value.
At that time the economic conditions of the world countries, except the United States, were destroyed by the war. This causes them to rely on loans granted by Americans. This loan is given in US Dollars as guarantee, Americans receive the gold that these countries have. The result, America automatically controlled all the gold in the world and become only the US Dollar whose value is supported by gold. it means the US Dollar has replaced gold as a source of liquidity in the world economy and became the basis of the world's financial system. The implication is that each country builds foreign exchange reserves in the form of US Dollars; Dollar reserves are required for the currency of the country concerned to be redeemable in dollars or gold. At this time is the American currency into an international currency. And now it happen to Bitcoin to.

bitcoin is compare to the usd. because usd is centralized currency it is used in most of countries and whole world but bitcoin is decentralized currency bitcoin is not accepting in some other countries. that's why bitcoin is compare to the usd. we can't buy all things in the bitcoin form. but in usd we can buy almost things.

When US claimed winning the ww2 everything starts with their authority so I guess that's the reason behind and I'm sure its just a pride for US and its influence bitcoin since btc is just an unknown currency before so they base their value to US and start being traded.

Ya true Dollar is the world wide currency.Since it's used by many country people, they used to convert the bitcoin to dollar. So only the all country's people used to compare the price of bitcoin. Not only that,many bitcoin is converted to dollar only.Many people predict the bitcoin will replace dollar.

The world economy is basically measured against the dollar. I dont know where you are from but the dollar has been a pretty stable currency for years and just because ICOs are not allowed in the US does not cripple the dollar against bitcoin. Russians Chinese and Eurozone are doing well economically but the question is for how long and until when.

It sounds crazy but its true, US government intends to create a wall regarding bitcoin and other cryptocurrencies, they want to control every money that comes in and out their country and having a trading sites and untracable transactions is one reason for US government to forbid any cryptyo regarding things, but as we can see it truly affects their economy.

Commercially, dollar is used more than any other currency.
So all the other currencies in the world or most of them are compared to USD.
And it is the same case for the cryptocurrencies.

 ???

1 USD bought you roughly 16 BTC in 2010
1 USD nowadays buys you roughly 0.0002 BTC

If you compare these numbers you see that the purchasing power of the USD compared to Bitcoin
has eroded by more than 99.5 % (!) in the last 7 years.
Therefore I really think that it is absolutely appropriate to call out the crippling of the dollar against Bitcoin.

US currency is not stable at all. While it is usable a lot a places it is not stable, there are far better currency for that... if you want that, stability.

US Dollar is pretty dominating currency. When we are to talk about the currency, dollar will always be there. USD is just the reference of measure. So regardless if the US economy is collapsing or whatever it is just a reference. You can see Bitcoin being converted to another currency, and they just refer to the USD equivalent. I don't know why are you making a big deal out of this. This is just a conversion factor, i.e., 1 BTC = x USD then convert to another currency.

I do not know a more common currency than the dollar. It is known and used all over the world so people give it as an example. Now my sympathy is with bitcoin, but I don't see any willingness of bitcoin is to adapt to modern conditions.

Sure it is used all over the world, but stability is not one of its pro's. I don't know why it is so, superpower and all that, but I like that it is not stable. There is a reason why some Chinese, Singapore, hongkong traders on EBay use Euro's, Australian$ or Canadian$.... anyway i like that it is not stable, just make its better for my bitcoins :)

If you purchase or transfer money to your friends through Bitcoin, you will know Bitcoin really better than FIAT or other payment system now.
Because with function anonymous and nobody can track our money, you do not need verify when send a huge money to your friend ;D

It's basically because USD is like the "world currency" everything is compared to. Businesses and companies working international almost always use USD. You know what Americans are like. They have to have everything and always be in control. The rest of the world just let's them think they in control. I mean they use the imperial system to measure things. That says alot already. I think after USD maybe eu and pound is next.

Maybe if the bitcoin selling price uses EUR, CNY or RUB currencies, it will be difficult to understand for the whole world because I think bitcoin uses USD as its selling price and it will be easier to understand for everyone in the world, USD has become the international currency since world war 2 and it has been spread wide across every countries of this world

People compare BTC to USD because USD is used mainly as the first currency worldwide till now, while BTC as the first successful crypto currency still trying to reach this large success and get used everywhere.

Guys - calm down, does it really matters which fiat currency you use to estimate value/purchasing power of Bitcoin?
It is not like you are limited to using USD or EUR or any other currency.
If you are from Russia or China (or any other country with different currency) you are probably converting BTC to your national fiat money anyway.
And your regional Bitcoin exchange/trading platform is using your local currency too. So if you don't like USD simply disregard it...

We are always comparing things to another better or bigger in goal to develop it and to remain her progression.
Otherwise we will say that it is enough and we will limit its level, let's go back to the example of the BTC vs USD, i think it's obvious to compare them because the first is the first cryptocurruncy and the second is the most valuable currency.

Yes I agree with you that most of the world economies are dealing in US dollars so it become a common practice that we see and covert the value of different commodities to US dollars and this is not the case with only with bitcoin. By the way I always convert/google bitcoin to my local currency after seeing its value in US dollars.

i think that the only reason can be that USD and bitcoin both are currencies, although currently the difference is that bitcoin is online currency while USD is fiat but still as both are currencies therefore we are comparing it with each other. i am sure that in future when bitcoin will become more popular and the users of bitcoin will increase then bitcoin will certainly overcome USD.

Actually it's not just USD which in compare to BTC but also many other currencies of other countries such as CNY, RUB, EUR etc but the most often used is USD because USD has become the international currency

Because the transaction made in USD is too expensive, because when you want to exchange your local currency in USD, you will have to give the exchange commission and in bitcoin there is no need for exchange and thus there is also ne commission fee to give. So I think bitcoin is far better than bitcoin. And the other reason is that USD is owned by a specific country and bitcoin is the currency of all the nations of the world.

Since USD is a standout amongst the most normally utilized monetary standards in the world.USD is recognizable to everybody, we as a whole know the dollar is an extremely solid unified money comprehensively and most of the nation's ordinarily utilized dollar as a method of exchange.

Everybody knows any currency is count with USD.But Bitcoin is counted two different ways first satoshi and second USD.There are many peoples like to count USD.

All currencies around the world depends on US dollar. Unlike before currencies value depends on Gold but now because of the Federal Reserves having the Control of money circulations, they where able to make US dollar as a world currency.

Well, I also compare BTC to € because I am from Europa. I don't think people comparing bitcoin to dollar is a problem. If finally dollar collapses or something like that (I don't think so), we'll start comparing BTC to €

It is simple really if there is no U.S. Dollar or any Fiat currency in that matter to compare Bitcoin with, then Bitcoin won't have any value at all as simply it is a matter of how the market expresses how they value something. We the buyers or the demand dictates what Bitcoin's value is. Any item in the world has a given market price in terms of fiat currency as it is how our world react in because Fiat currency is the main medium of exchange we have so it is pretty normal to be valued in terms of fiat currency.

In an event that US dollar collapses, Even Euro will collapse if this happens. it will cause a negative impact to the global economy because USD is the  connection between the all currencies

we know that the dollar is the world's currency, and America has a high economic stability. not just cryptocurrency even online businesses all use dollar shards, so the reason is simple to facilitate the exchange in whatever form you want.

Bitcoin is a global currency , we can say that but dollars isn't.
Bitcoins can be used in any countries if the trader accepts them , but USD is only accepted in America.
People prefer USD because they are more comfortable with them , but not everyone uses BTC in $ , like people in Europe would prefer€ and others would use their native currency.

They both have different use, having btc can benefit is a lot in future. Usd is a fiat we can use for living. This two should not be compared. They are both important and we need un living.

it cause USD is a standard bitcoin's price in a global scale. not only bitcoin that reference to USD almost all thing compare price to usd such as gold, stock, and everything investment things. due to usd most commonly used as comparison all thing. even my fiat price compare to usd price.

Because it is a currency that is use by other currencies to have a comparison of the value of their currencies to others. It is a global currency and if you wanted to compare the value of your country's currency (given it is not USD) to others then you should have a common denominator to have a proper comparison and since USD is the most popular of the global currency then it is the one used whether pricing for a commodity, precious metals, cryptocurrencies or fiat currencies.

Some of the people compare these two because dollar is our universal currency and bitcoin has potential to be global currency even it has no paper money or physical coin. But for now i do not think we need to compare these two because this is not in the same dimension of currency, one is centralized and one is decentralized. But hoping soon bitcoin would create a paper money to used by all people.

Exactly! The US Dollar is hands down the most used currency worldwide. It makes no sense to compare Bitcoin to the Japanese Yen, for example, because most people outside of Japan are unfamiliar with the exchange rate, whereas almost everyone knows the exchange rate of USD.

USD is accepted only in America?
Lols, where do you come from?

When communism crumbled in eastern europe nobody gave a damn about our national currency.
We all traded in $ and DM.

Check out Venezuela, it's all $ there. Everywhere you go in Africa you can buy over the counter things in $.
I've been on a trip in south asia a few years ago. I even paid my hotel room directly with $ in cash.
There are millions of merchants who are ready to take $ and that don;t have a clue what BTC is.

Let's face it , for the time being the $ is supreme.
BTC might replace it , something will for sure replace it in the future but this won't happen this decade.

And for this do a small test.Think of oil price.
How long did it take you to think 50$ a barrel? How long did it take you to think what the price of one barrel of oil is in BTC ?
And we here all know about btc and we are bitcoin fanatics.

Actually it's not just USD which in compare to BTC but also many other currencies of other countries such as CNY, RUB, EUR etc but the most often used is USD because USD has become the international currency

Simply because it is also a currency, but it’s just a cryptocurrency. It rises up its value and also lowers down sometimes depending on the demand to people. It is both used in different exchange market and it is both the biggest amongst the currencies.

usd is a world curency ! BTC is the most highest price in Online curency ! So BItcoin will always come with USD ! When you have a big amount to btc ! You would like to exchange to real money , usd will be the one ! why would you want to exchange 1 BTC in to YEN , VND ,.... Also USD is most likely professional money ! I guess that bussiness man and millionare always use USD so people kindly like USD more than another CURENCY ! BTC Is also

Just like the realtion of altcoin to bitcoin, usd or the dollars is the base of the price of bitcoin. Its serves as a universal currency for bitcoin to set its price on the market. Yet there is no specific direct relation between dollar and bitcoin in terms of system in transaction, investments or trading. Bitcoin is much more seen as a better form of currency for future transactions.

Do you accept that the dollar is the world's currency and that we can use it anywhere in the world? I think yes. All other comparisons are incomplete and do not clearly reflect Bitcoin pricing and development. So, the dollar is the most suitable currency to compare with Bitcoin

I think I agree with you, comparisons are made based on similarities and what's common is that USD is the most popular fiat just as Bitcoin is the most popular cryptocurrency.

because the american dollar is the most valuable currency at the moment. In 5 years that has of course changed, because the country is going into the drain, but until then, we compare to the dollar.

Nope, in my opinion, in present we can stop using Bitcoin, but if you want stop using Dollar (FIAT), you will have problem because do not have shops accept Bitcoin in your country, even still have shops accept it, you will feel regret when usually spend your Bitcoin for pay transactions fees.

yes that is right to say that it is not necessary to compare bitcoin with USD and I think there is no match between them. because USD is still the most popular fiat currency while bitcoin is an online currency and mostly use for online purposes. may be in future when bitcoin will become more and more popular then we will become able to use it for shopping in online shops also.

I have a lot of coins gain of USD and BTC decline, so it's important to see it in BTC, as it will

US dollars is the most widely-known and most stable fiat in the world. When travelling, dollar is the most used currency, and that is why I think Bitcoin is compared to US dollars.

For anyone who is interested with this topic, i suggest this youtube video from coldfusion(Who controls all money (https://www.youtube.com/watch?v=mQUhJTxK5mA)). He also have other videos related to bitcoin and blockchain.

Because bitcoins are connected to the dollar as all currencies across the country are more likely to follow the US dollar. 8)

There is no comparison to BTC and USD since the final value of your btc is always going to be expressed in USD, almost all financial transactions world wide are being expressed in USD and as such bitcoin cannot be an exception.

when talk about make money online always use USD.
I'm curious why u make a question like that.
we should already know that.

according to me .. USD is a strong currency and a stable measure for other currencies. USD can also be accepted throughout the country because it is the exchange rate that is international. why do people compare with bitcoin? may depend on each person .. if i compare bitcoin with local currency .. so i know clearly. when I get the advantage or disadvantage of bitcoin .. because comparison sepeeti it is important in gain bitcoin advantage. I always see the movement of bitcoin against local currency and USD because we will know the price direction of bitcoin.

personally, i think its a bit of a stretch to call it a global currency, i would liken it more to the global standard of currency if anything; as much as the dollar is accepted worldwide, it's not accepted in a grand majority of business establishments; i can't just go out to the middle of china or something and expect to be able to pay with dollars. however, in the global markets, exchange rates are commonly shown in whatever currency to the dollar (ex, 110 japanese yen to the dollar). however, wallets, exchanges, and bitcoin price trackers commonly have the option to show the price of bitcoin on the euro, pound, and other major currencies. maybe it just comes down to people being used to the relative value of the dollar, doesn't really matter in my opinion.

BTC do the same thing as USD - the way to pay for gooods. As a usd it does have intrinsic value and created by different algoritm.

BTC and USD are two different things entirely and so I see no reason why anyone should compare both of them, though both of them are currencies, they are made up of different things and have their values based upon different things.

Usd is worldwide currency, and unfortunatly  for many countries dollar and america influence for many econimics. And i think american giverment will do all to keep control on the whole world.

Comparison between bitcoin and USD is not good because bitcoin is digital currency with more advantages than USD we can trade all over the word digitally and without any income tax. We can move freely if USD WILL be dissolved into bitcoin it will give more profit and gave new shape to the currency business.

It isn't really something to do with Bitcoin, it has to do with the world economy.Whole world is largely pricing things in USD-USD is the most stable fiat currency and giving a BTC to USD puts a price on bitcoins that the majority of people will be able to understand. In my opinion I think USD or $ is being compared to BTC BTC because of USA is one of the top Leaders in many industrial business like in currency, products.....

what are you talking about guys?  :D
the comparison was made in order for bitcoin to have a real value not just simply comparison lol  :D
that's the main reason why exchanges are made in order for us to determine how much people are willing to pay to buy a bitcoin.

Compared to other fiat currency, by far on record, US Dollars have been the most stable currency and globally regarded fiat currency. Since then, financial analysts have used Dollars to value a lot of things including crude oil. It's easy to value bitcoins when gauged to dollars.

Only 1 question!If American national currency isn't so strong, tell me why the most countries in the world keeping their strategic reserves in dollars?))Dollar is the most valuable currency in the world. Therefore, when we try to understand how much bitcoin costs we use dollars)

Yes, it easy to track when both most popular currency have been value for its reference. Dollar is the most popular real currency and Bitcoin too in crypto currency then the fact that on this day still there are few establishment accept bitcoin as medium of exchange therefore every individual must convert it into real money regardless of what currency.

USD has acceptance all over the world and most international businesses, even airfare, booking etc. also is calculated in USD and then compared with local currency. So, when comes to exchange of value of anything, people mostly use USD to get a clear picture.

Because US dollar is the perkiest fiat currency in world so some businessman or stockholder even the most influence person in the world are comparing their wealth into US dollar .
That's why bitcoin is comparing into dollar too.

Why can not you transfer the bitcoins into rubles? The fact is that it is the Russian developers who make a great contribution to the development of this crypto currency. I believe that it is more logical to talk about value in rubles.

I think that people living in different countries translate any value in the expression of their currency. For example, if in Russia you name the cost of a car in dollars, then an ordinary resident will transfer it to rubles.

Yes, but I believe that it will be more correct to talk about crypto-currencies and to assess from in rubles. Let in China and will be translated in yuan, but it was always and will be.

Developers of crypto-currencies are ,as far as I know, Chinese or Japanese. Can it makes sense to talk about the price of crypto currency in the money of these countries?

Because globally USD is more preferable currency than other. And if you want to compare anything's value with any currency it's globally done with USD . Thats why BTC is compared with USD.

USD is a currency which many people can relate to and and are aware of its current value (more or less) with respect to their own local currency.
I cannot imagine a Panamenian knowing the exact balboa equivalent to a rubel, lol
Besides in a day to day live they operate in USD already.
Same Egypt, when you deal with anyone as a tourist, they would operate and calculate is USD.

But it seems like history does not give us accurate data. The world is not known for the developer is one person or a group of scientists.

I personally do not see any problem in how bitcoin or any other crypto currency is estimated. It does not matter what the value is. Let it be even in bananas. Each will translate the cost as it will be more convenient for him.

But not everyone knows how to count quickly and well. For some, it takes a lot of time. It would be more convenient to initially inform a person of the value in the currency that he knows.

Yes, but modern devices will always be there for you. Mobile phone, computer, calculator. Even if you know the basics of mathematics, you can roughly translate the values. With large amounts, it will probably be heavier, but you can calculate approximately the cost.

I constantly have problems with the fact that friends from other countries own a currency other than mine. And I have to constantly follow the course to explain and translate their cost.

Yes, I agree that it is problematic if you interact in different countries. But in the world market such a problem exists and will continue to exist. While there are different currencies around the world, such a problem will remain relevant.

Because US dollar is the basis of all currency value in the whole world. I don't know why, but it became like it is. Every national currency in existence competed with the US dollar's value and I don't think bitcoin is an exception to this. Bitcoin, although highly unstable and is now used as an investment is still could be considered as a currency.

All about the currency is talking about usd because we know it is accepted everywhere.
So thats why it compared to usd. Finally also we need to convert to fiat to make any of purchase offline.

I think the reason behind this is that US Dollar is the world's standard currency. It is like English language which is universally known and used. There should be a standard currency where it will always be converted every time, I think that's SOP and nothing about American Bitcoin users or what not.

They make this comparisons because is a know currency and sometime the raise in value of USD and also drop in value.And as they see bitcoin also drop and raise in value they assume it same.But if bitcoin is publicly legalized it will over throw USD in times of value and popularity.

It is high time for us to develop a single currency for the whole world. Why not measure the value of the goods in a single crypto currency. It is convenient and versatile.

Is ISO prohibited in the US? I did not know! This is an opening for me. It turns out that investing foreign projects for their country is illegal?

Then I do not understand why all the platforms that are developed and where they invite to participate in the ISO are described in English. This is stupid and not logical.

Well in Europe many people compares bitcoin to euro because it is the most used currency here. It is normal to compare it with something your country is more used to

We compared BTC to USD on every exchange because you can only withdraw USD.

Other exchanges also nowadays using USDT where you can withdraw USDT to other exchanges but you cannot withdraw it to your  bank acccount.

I guess you're right it totally depends what country are you in. Because most of the countries in the world are familiar with dollars because this is the currency used in the world trading center. I was thought that the economy of a certain country like where I am from depends upon the dollar reserve a country has, which means dollar is the dominating currency around the globe.

yes bro.i agree with you.bitcoin compare to usd because many country money is many others system and quality .so what country you live in.and then you have a amount of bitcoin price.but all crypto price compare to usd.   

The dollar is the most common currency in the world, it operates in almost all countries. And of course, it is more convenient to focus on dollars to evaluate bitcoin.

I usually also focus on the value of bitcoin in dollars, and only then convert these figures into your local currency. I'm comfortable with it.

I think why many people compare bitcoin and dollar. After I read many articles about bitcoin as money. So they always compare bitcoin and dollar. Where the current USD as a prima donna international money. 8)

I think it because we need to know what is the real price of bitcoin. Because for me you cant unidentify how much bitcoin and when to sell it or buy if dont know the real price.. but for me i use php to compare bitcoin for accurate price. Because thats our currency in the philippines

yes it is true that bitcoin use dollar to release to bitcoin price I think because USD is not foreign to the people in the world yes and almost every online payment is using the USD because globally the international market is using the USD

not all bitcoin prices are denoted by the dollar, in my opinion depending on the exchange, now many excange that offer bictoin with currency other than dollar

And most of the currencies out there are backed by USD. That is where the popularity of US dollar comes from. And as you said the international market is using it as the basis for convertions

why compare bitcoin to usd? is simple and easy to understand logic, bitcoin as decentralized currency their price  based to united state dollar becase us dollar is the world based used currency in the whole world. and bitcoin use the dollar exchange rate to use of the bitcoin user want to convert their bitcoin into fiat money.

Unfortunately it is still necessary to have a benchmark to give a relative value to bitcoin that makes it "acceptable" in the real economy. And the frame of reference that the "real economy" has used for quite some time is the dollar, since the United States is the economic power of recent years despite its obvious decline. Trying to displace the dollar with other fiat currencies would not really mean an important difference, since the majority of the currencies that you propose also have as main reference the American dollar for their exchange in the international markets.

It is not really a matter of comparison to USD but it is just how the exhanges work. Exchanges even in paper fiat always has USD as their base exchange, same thing as in cryptocurrency, USD is an acceptable currency recognized worldwide. Though cryptocurrency are banned in that country, it does not matter because it is the exchange platform which is utilized.

the Usd is the most used currencies around the world and the most stable on most platforms there is only the usdt to trade .That's why it's in relation with the btc it's like bitcoin in the crypto it's a reference currencies to buy the btc it's almost obligatory to pass by USD

The dollar is the most widely spread around the world. The euro and another coin does not have as much liquidity as the dollar. Therefore, the dollar is usually compared with the crypto currency. I think that over time the number of pairs of exchange of crypto currency for fiat will only increase. Crypto currency is just developing and infrastructure for its maintenance as well.

For the foreseeable future, I get paid in USD and I pay my mortgage and my grocery bills in USD.  I imagine in 10 years or so, that will probably no longer be the case.

This is just for comparison. Prices for everything in this world equate to one currency, so that it was more understandable. And so it is accepted that this is USD

US dollars is the most widely-known and most stable fiat in the world. Bitcoin is the same in a digital market. This is the reason why they are always compared.

Do you think that it is better to compare BTC to USD or to EUR? Thank you.

USD is the most stable fiat currency and so it can be defined in terms of USD.

I’m just starting to get into trading and it seems that it would be easier to trade against USD since it’s stable while Bitcoin is volatile. If you’re trading against Bitcoin you’d have to consider the behavior of both the Alt Coin and the Bitcoin which might get complicated.

People of every country knows their currency value in respect of USD.  So if bitcoin value is expressed in terms of USD anybody can easily understand

Usd is the standard unit of currency in the international trade it isn't that hard to exchange it to your local money exchanger. Anything that has a value is being priced by USD because it is the international currency thats being used worldwide. The crash on USD value doesn't affect the bitcoins value.

For example why everyone wants to study in USA? Every developing country people knows of USA only when they are mentioned of any foreign places.

US dollar is the most traded currency even above yen. so naturally it is given the top priority :)

correct. But many of people are still comparing the usd between bitcoin because they are both currencies and the only difference between them is that bitcoin is a digital and mainly works online or with the help of internet. Usd or united states dollar on the other hand is physically made and it is much easier to use because anyone can use it and every merchants do accept it. that is why i think usd is still the best when it comes to payment purposes.

Many people think that bitcoin is money. So, they always compare bitcoin with dollars, where usd is currently into international money.

The first crypto currency lost 10% of its value and is currently trading at $ 10,474. Of the 100 largest coins in terms of capitalization, only three are in the "green zone", the rest - cheaper

you are right, i wonder why too.
maybe it is because the most of bitcoin investor want their FIAT come back multiple times.
so they often compare it with FIAT currency.

The first crypto currency lost 10% of its value and is currently trading at $ 10,474. Of the 100 largest coins in terms of capitalization, only three are in the "green zone", the rest - cheaper

It's because you can't pay with bitcoin everywhere, so right now USD is more useful as payment option.

There are several reasons people compare these two because dollar is our universal currency and bitcoin has potential to be global currency even it has no paper money or physical coin. But for now i do not think we need to compare these two because this is not in the same dimension of currency, one is centralized and one is decentralized. But hoping soon bitcoin would create a paper money to used by all people.

I think in the case with USD all payments offline done in dollars and is a currency Fiat most stable of all time. and also received in many countries in the world in store offline. that's the reason why bitcoin stated the price in USD. USD familiar for everyone, in the market online almost all payments done in bitcoin

I really don't know why bitcoin always measured by USD but I didn't see any problem about that as long as we can use it every day and we can convert it into our local currency .i guess usd is the most common fiat thats why bitcoin compare to usd.

because many peoples come to bitcoin to invest. They bought bitcoin with their USD.
And someday when bitcoin price has increased high, they will sell it to USD back.

Because the currency of US is widely used around the world so their currency is used as the standard. It is also used as a basis for the prices of common commodities around the world so it is used to compare BTC to USD?

I think they choose USD because its very popular in the world, one thing is it's our national money so basically it is priority rather than other money. Even though other currencies are higher than dollar it's because of their economy and minerals which affect their currency value although they are not popular they still higher than USD. For me dollar is good to be compare to bitcoin.

USD is considered as the central medium of exchange among the countries and hence, it is quite dominant among the world's currency system. Same is the case with the BTC, which is a central medium of exchange as well as is dominant. But still cryptocurrencies and fiat currencies are very different from each other and isn't possible for cryptos to replace fiat anytime soon.

Coinmarketcap and coingecko both allow you to change the currency to your home country's currency, but for simplicity as it s a globally traded currency it is easier to help compare prices if USD is used as the benchmark.

maybe it just because of USD is common use in every field like currency, trading, transportation, etc.. so even this bitcoin start from japan and yet it still using USD to BTC

At the moment dollar - the most widespread currency in the world. Therefore are guided by her at the indication of the current price.

But I can not compare dollars with Bitcoin because they do not have the same value for measurement. Bitcats are a valuable asset, Money is a legal currency, a tool in the economy so we can not compare them.

is said to be better maybe but if bitcoin has been inaugurated by the government in that country if in my country maybe not yet to do that because government still prohibit to do transaction directly with bitcoin

My understanding is only USD can accept bitcoin because USD is the common to use to excahnge bitcoin to  USD so that in that way we can get a money.i think bitcoin is use in other country like US some of people is using bitcoin because its very safety and easy to changee in USD and some people to is investing a bitcoin because people think bitcoin is currency.

I am not fixated on the US dollar, I immediately triggered the price of Bitcoin to the price of Rupiah (Indonesia) because my currency is absolutely unchanged.
I do not convert to US Dollar then to Rupiah. I immediately convert to Rupiah (Indonesian)

It’s true that bitcoin has gained immense amount of popularity among the people throughout the world and also has gained many users. But still I personally think that dollar is better than bitcoin because firstly, dollar is way more popular than bitcoin and dollar has way more users than bitcoins throughout the world. Dollar is accepted everywhere around the world whereas bitcoin is not used everywhere. Therefore I would prefer holdings of dollar over holdings of bitcoin.

I don't think it has anything to do with Bitcoin.
The U.S. dollar is still the most important currency in the world. The U.S. dollar is also the most important settlement currency for oil. The U.S. dollar is also the most influential currency in the world. Therefore, it is not surprising that bitcoin is expressed in U.S. dollars.

Bitcoin is not our main currency, and we have to compare it with the dollar in order to navigate the price and understand what its value is at the moment.

Because we still use dollars and other currencies that we are accustomed to, and bitcoin is impossible to spend now. Therefore, we have to convert it to the usual currency.

We compare bitcoin to dollar so that we can compare their market cap. We compare them because they're both seen as currencies however bitcoin value is more than that. The distribution of Bitcoin is fully decentralized and is not bound by any primitive territory. On the other hand, USD value is found at this point solely in its liquidity.

Yes there are many currencies you can compare to but they compare bitcoin to dollars just because dollar is like English which English is the universal language.  Dollars is the most important currency because it is the main comparisons for all currencies like here in Philippines which know the stock market they compare the value of peso and dollars and what have been changed day by day, but it doesn't mean that other currencies can not be compared to bitcoin. It is just that for uniformity purposes,  people uses dollars to compare the value of bitcoin.

Wwhy compared bitcoins yes because they are both in the same thing because bitcoins is digital and us dollars are a physical thing and besides the dollars can only be used in the us if you are gonna used in in the other country you are gonna convert it. But bitcoins it can be used by a lot of other countries but only those who accept bitcoins as a paymemt and bitcoins are becoming as an investment while us dollars are not. Because bitcoins are volatile while cash are not so they are not comparable

Usd is a strong currency, used almost everywhere in the world's payment channels. Using BTC / USD is easy for value comparison!

so far . the dollar remains the most globalised vurrency .bitcoin is priced in dollars to make it easier for people to assess the value of bitcoin .

I strongly agree on your opinion that, USD  is familiar to everyone, in online market almost all payments are done in bitcoins same in the case with USD all offline payments are done in Dollars and it is the most stable fiat currency of all time. And adding also my opinion that, I think USD or $ is being compared to BTC BTC because of USA is one of the top Leaders in many industrial business like in currency, products, technologies, Also all around the world many people communicate to each other or any race like asian, europe, black speaks the number 1 language  that is English. In addition, I think this is because the dollar is the top currecny and they want to aim on what dollat have now. Thus,  it is also said that it is like the international currency it is because US Dollars is the most traded currency of all the Currencies.

People compare Bitcoin with the dollar as they think the dollar is a benchmark for the world and the dollar is the standard convention of the whole. If Bitcoin can replace USD, then believe that FIAT will completely collapse and Bitcoin will replace FIAT as the global payment currency.

as the pricing is always tied to dollar as it's easy to calculate and compare. Same with BTC, as it's the most famous and spread in the world

It's sometimes confusing and makes people laugh about it, probably because it's just that Americans who say money $ is the most powerful country in the world.

I think bitcoin has become a new digital money spread in some countries. while the USD currency before BTC is recognized by the world. it will be a comparison

Everyone says that bitcoin is no longer profitable to buy. However, now it is clear that every week its price grows. 

 They say so, because bitcoin soon too can become a world reserve currency, like the US dollar. And some believe that at all can replace all the fiat money.

Every country in the world has its own currency. Why is the currency they are also associated with the dollar? The world economy is reliant with the dollar. So is the price of the bitcoin.

I agree with your statement. The USD currency may have a lower value than EUR. But the USD currency is commonly used to determine prices in a global society. It feels strange to mention the BTC price into the EUR, and maybe a lot less respond because it is familiar with the USD.

The comparison is because the dollar is the most popular world currency, and the American economy, although experiencing difficulties, still remains the leading in the world.

The reason for this comparison is normal because the American USD is enjoying a worldwide acceptability. Every other cryptocurrencies price are been determined by bitcoin value even when bitcoin is going down or up, because bitcoin is the base currency for all other alternative cryptocurrency so as American Dollar (USD) is the base currency for bitcoin.

I guess people are comparing BTC to USD because almost all the countries in the world is using USD as a basis currency or we can say that this is the world economics currency. I cannot see any not so good thing about it because this can be just a choice of any people, they have their freedom to choice on where they will base their money currency and bitcoin. The only thing that we must not do is to over compare the price or value of BTC to USD because the price or value of USD is not rapidly or moving fast, unlike with BTC which can change in just a blink of an eye.

Because both are used in different foreign exchange markets and are both the largest among the currencies. Just because it's also a currency, but it's just a digital currency. This rises in value and also decreases sometimes depending on the demand to people

The pricing base of digital cryptographic currency is the same as that of the real economy.

The dollar is the most widely circulated currency in the world. The value of the dollar is relatively stable, which is conducive to the stable exchange rate of all parties in the transaction.

I think the reason why BTC compare with USD is because USD is the strongest and powerful money currency in the world that with large transaction volume, thus it is good to compare BTC with USD.

Because many people still sell bitcoin, and they need to know at what price they can do it. As long as the whole world does not completely switch to cryptocurrency, we will always compare it with the dollar.

We do this because bitcoin is not the main currency, and to understand what value it has, we convert it into a dollar. That's not surprising.

For me, why most of the people compare bitcoin to Dollar because they are the same currency, but bitcoin is digital, and that is the reason why I still think that why they compare bitcoin into some real money or into USD.  We all know that bitcoin is a digital currency yes, it is a currency but informs of codes and digital, if you compare it to USD the only thing that they are the same is called money, you can use both sides to buy the things that you want or need, but USD is much acceptable and legal than bitcoin. Both this are same currency but comparing to its capability and ability I think bitcoin win over USD, but comparing into its acceptance, uses and legality USD is superior.  :)

Well probably dollars is a good kind of currency which in comes to revolution and changes dollars had gone no changes and modifications even in its color. So dollar could be easily distinguish. And i guess most of the countries has a dollar exchange so which means dollar is popular all over the world. However, dollar could not be compare to BTC since BTC as we all know is digital currency that has volatile value while dollar has stable value. And it is not dollar only use to buy BTC because in our place we can use our currency to buy Bitcoin and even exchange it to other cryptocurrency like ether and other top leading crypto in the market.

As bitcoin compare to USD definitely the process is different which USD controls by the government while bitcoin is decentralized and based on blockchain technology. BTC has a potential to grow immediately our moneys because the prices fluctuates when the demand and supply regulates.Bitcoin comparing the USD because the chances to overtake or surpass USD in near future.

Yes why compare them they are not compete for anyone because they are different from each other because the usd is own by the people of the us because it is registered in the us and the bitcoins is not registered by any country they are accessible where you are as long as you have an internet connections and that country is not banning bitcoins. And bitcoins are not own by anyone or anybody they are just created as it is and no one knows who created them and butcoins is much more.likely to be an investment right know rather than currency

We still use dollars, and we don't use bitcoin as a currency. So whether we like it or not, we still compare.

Because bitcoin is a lot of people trust and use the same as the US dollar. bitcoin is strongly influencing the world currency system. Bitcoin is the most valuable digital currency today. Many countries are adopting and using copper bitcoins. So bitcoin can be compared to the US dollar.

Why compare BTC to USD. They are two different currencies. and have different functions. Bitcoin is a crypto currency that has its value and has to be converted to USD in other to claim your cash / reward. USD is a fixed currency that is not volatile while BTC is a digital currency that is very volatile in nature. Both BTC and USD are used in different foreign exchange markets.

It's because US Dollar still the main currency in the world and Bitcoin should be evaluated by a currency accepted by everyone.

Buying Crypto with credit cards should not be allowed. You don't have the cash you don't buy. Maybe in the future.

people compare to usd because they still need those currencies like we know that investor are more intrest to getting profit in any kind of source and maybe in their country are not fully support payment from bitcoin so they take a easiest chance to convert it into FIAT

i think peoples compare it with USD because USD is a global currency in the world.
nothing wrong about that. even the gold is often compare with USD.