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Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417149 times)
avw1982
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May 03, 2016, 06:22:54 PM
 #1221

No, dollar has its own fixed roots in the market and bitcoin is much younger for that to compete dollar, so i will say that bitcoin will take a lot of time and a lot of development in order to be able to replace dollar.

US dollar is an international and very established money. To many countries (to not tell almost all) have their reserves in their Central Banks mostly in us dollar. Has almost the status of gold. Bitcoin has the qualities of being reserve money (is uninflationable) but I think that it is insufficient to fulfill the requests of all the countries.
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Marbit
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May 03, 2016, 08:17:31 PM
 #1222

I don't think "soon" but I do think after 15 years or so it is a definite possibility. "soon" i guess is a relative term.

In fact bitcoin is running as a moment and becoming popular world wide currency and its worth is also rising high so If it will run continuously 15 year then I hope maybe It will happen and bitcoin will replace the dollar.
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May 03, 2016, 10:59:52 PM
 #1223

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yes. it's so right and i am agrre with you, no need to replace dollar and no need to become another dollar, better to become better than dollar. 

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May 04, 2016, 09:12:14 AM
 #1224

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yes. it's so right and i am agrre with you, no need to replace dollar and no need to become another dollar, better to become better than dollar. 
The Bitcoin is going to more popular but there are also still alot of people that dont even know how to use Bitcoin and that is the problem.
If you want to talk about replacing than there we must more promote it and that can be nice.
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May 04, 2016, 09:43:37 AM
 #1225

One day it will get replaced, but probably not by bitcoin. It will be a substandard version whereby America will be in complete control of it
thend1949
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May 04, 2016, 09:55:05 AM
 #1226

Bitcoin cant replace dollar. Dollar is A currency that always using in trading and it is the basis of the Bitcoin in price.
So what do you think reason why  bitcoin replace DOLLAR?. For me theres no reason we can use bitcoin in converting in Dollar. We dont need to replace Dollar.
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May 04, 2016, 10:41:40 AM
 #1227

Not in the next 15, 20, or 25 years. The dollar is considered the universal currency right now, and it has been for a long period. And it's unlikely that BTC would replace what the dollar does. It would lose all sense of decentralization and the whole point of it being created would be defeated.
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May 04, 2016, 01:40:52 PM
 #1228

It wont be possible that it can replace soon and that is because there are still a lot of people that dont even know how Bitcoin works and that is the problem.
But it can be also that there are a lot of people that is only hoping that the value will be more worth and that would be bad.
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May 04, 2016, 01:44:07 PM
 #1229

It wont be possible that it can replace soon and that is because there are still a lot of people that dont even know how Bitcoin works and that is the problem.
But it can be also that there are a lot of people that is only hoping that the value will be more worth and that would be bad.

It would not be bad if the value of bitcoin is more  in future, people will simply love it but the fact is that it can never replace dollar in coming  years, as dollar is still more popular in compare to bitcoin.

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May 04, 2016, 01:44:30 PM
 #1230

It wont be possible that it can replace soon and that is because there are still a lot of people that dont even know how Bitcoin works and that is the problem.
But it can be also that there are a lot of people that is only hoping that the value will be more worth and that would be bad.

I have the same opinion. Actually it is reality. People here are just too in love with bitcoin. Maybe it is time to go back to reality and straighten up their minds. That wont happen.
Bitcoinbro
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May 04, 2016, 01:50:46 PM
 #1231

No in my opinion this will never happen to be honest, the dollar is too big to take over if you ask me.
Also the fact that so much people are depending and use it is in fact the reason why it will never work.
tuvok007
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May 04, 2016, 04:37:14 PM
 #1232

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan
SquallLeonhart
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May 04, 2016, 04:53:59 PM
 #1233

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yeah that's correct and why we keep on comparing bitcoin to fiat currencies? let it make its own identity  and let it reach to the top and overtake dollar in future.
streazight
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May 04, 2016, 05:14:28 PM
 #1234

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yes. it's so right and i am agrre with you, no need to replace dollar and no need to become another dollar, better to become better than dollar. 
The Bitcoin is going to more popular but there are also still alot of people that dont even know how to use Bitcoin and that is the problem.
If you want to talk about replacing than there we must more promote it and that can be nice.

yes sir I agree. And BTC can't replace dollar sooner or later. If that happen all daily life will change in blink of an eye for short time from now.
Future is the bitcoins
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May 04, 2016, 05:35:55 PM
 #1235

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yeah that's correct and why we keep on comparing bitcoin to fiat currencies? let it make its own identity  and let it reach to the top and overtake dollar in future.
Well, whatever it is we can look at it later, but most likely will not replace the dollar bitcoin. My guess is the new currency bitcoin, it may take thousands of years for it to happen

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May 04, 2016, 05:39:35 PM
 #1236

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yeah that's correct and why we keep on comparing bitcoin to fiat currencies? let it make its own identity  and let it reach to the top and overtake dollar in future.
Well, whatever it is we can look at it later, but most likely will not replace the dollar bitcoin. My guess is the new currency bitcoin, it may take thousands of years for it to happen

And I don't think that bitcoin will survive for thousand years, as I don't think that bitcoin will survive that long and dollar will always rule the world in future too.
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May 05, 2016, 04:57:32 AM
 #1237

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yeah that's correct and why we keep on comparing bitcoin to fiat currencies? let it make its own identity  and let it reach to the top and overtake dollar in future.
Well, whatever it is we can look at it later, but most likely will not replace the dollar bitcoin. My guess is the new currency bitcoin, it may take thousands of years for it to happen
Bitcoin is peculiar digital currency. There are more number of currencies bitcoin can be one among them, each country has its own and people use it according to their convenience.

I hope bitcoin will become more and more popular soon and won't replace dollar but posses the power beyond dollar in future.

goinmerry
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May 05, 2016, 05:02:13 AM
 #1238

One day it will get replaced, but probably not by bitcoin. It will be a substandard version whereby America will be in complete control of it

I dont think that is how it will happen. Dollar is a big thing to them. Hell! they are the dollar. Money, sex and power is all they think about. I guess it will just be changed when they are colonized. But that has a very low percentage to happen.
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May 05, 2016, 02:54:52 PM
 #1239

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yeah that's correct and why we keep on comparing bitcoin to fiat currencies? let it make its own identity  and let it reach to the top and overtake dollar in future.
Well, whatever it is we can look at it later, but most likely will not replace the dollar bitcoin. My guess is the new currency bitcoin, it may take thousands of years for it to happen

And I don't think that bitcoin will survive for thousand years, as I don't think that bitcoin will survive that long and dollar will always rule the world in future too.

Bitcoin survives long, it doesn't need long time like 1000 years and so. In all sorts of growth I believe bitcoin will be an alternate for every currency but won't take the place of dollar.

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JumperX
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May 05, 2016, 03:00:08 PM
 #1240

What a nonsense,it wont "replace" dollar,it will "just" be another big currency like USD,EUR,yen,yuan

Yeah that's correct and why we keep on comparing bitcoin to fiat currencies? let it make its own identity  and let it reach to the top and overtake dollar in future.
Well, whatever it is we can look at it later, but most likely will not replace the dollar bitcoin. My guess is the new currency bitcoin, it may take thousands of years for it to happen

And I don't think that bitcoin will survive for thousand years, as I don't think that bitcoin will survive that long and dollar will always rule the world in future too.

Bitcoin survives long, it doesn't need long time like 1000 years and so. In all sorts of growth I believe bitcoin will be an alternate for every currency but won't take the place of dollar.

Bitcoin will be always used as a secondary currency and not the primary one, people will prefer to use fiat in future too as it is more convenient for the majority of the population.
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