Bitcoin Forum
June 14, 2024, 07:48:17 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 ... 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 [239] 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 »
  Print  
Author Topic: Do You Think Bitcoin Will Replace Dollar Soon?  (Read 417152 times)
explosion
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
December 06, 2017, 05:11:29 PM
 #4761

No. I don't think it will happen soon. At least for now, when we use dollar to evaluate the price of bitcoin... dollar will rule for next pair of decades
sgenuine
Full Member
***
Offline Offline

Activity: 854
Merit: 103


View Profile
December 08, 2017, 09:23:30 AM
 #4762

Main Financial institution of Albania asserted people ought t scaed incryptocurrencies, believe if all peoplr bravery in cryptocurrencies and all sorts of individuals use bitcoin wallets, banks may be misplaced or may be broke we all know we stated broke the state of lack in specific or worth. The main bank said to people because afraid to become misplaced or bankrupt oe

Folks, cryptocurrency with all its advantages and safety cannot EVER replace traditional (or fiat) money. Dollar is the most desirable currency still.
sgenuine
Full Member
***
Offline Offline

Activity: 854
Merit: 103


View Profile
December 08, 2017, 10:15:37 AM
 #4763

It makes no sense to make plans for 15 years, when the situation on both markets - of crypto and fiat money changes every hour. probably it will not replace it.
copperminer
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
December 08, 2017, 10:33:50 AM
 #4764

i think it does not have to be replaced, it just has to be made obsolete.

This quote from R. Buckminster Fuller expresses this perfectly:

"You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete."
Mademoiselle
Member
**
Offline Offline

Activity: 427
Merit: 10


View Profile
December 08, 2017, 10:55:52 AM
 #4765

i think it does not have to be replaced, it just has to be made obsolete.

This quote from R. Buckminster Fuller expresses this perfectly:

"You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete."


Sure not, they wont let it happen, though bitcoin might be easy to use, we still need cash. They wont let cash money vanish just because we acces the easiest way.
Sled
Hero Member
*****
Offline Offline

Activity: 1680
Merit: 535

Bitcoin- in bullish time


View Profile
December 08, 2017, 11:46:26 AM
 #4766

It makes no sense to make plans for 15 years, when the situation on both markets - of crypto and fiat money changes every hour. probably it will not replace it.
It is indeed that bitcoin will not replace the dollar because bitcoin is not created to be a primary currency of all the people and it is just created for the people to have an option in using currency. Bitcoin is a good choice to have some investment and also to have a great mode of payment while dollar is a must because it is accepted everywhere.
Isaacck1
Full Member
***
Offline Offline

Activity: 244
Merit: 101



View Profile
December 08, 2017, 12:53:49 PM
 #4767

I always think of the relationship of bitcoin and dollar like this: I think Bitcoin is created to make a universal currency which is easily accessed by all and can be converted to desired currency anytime and anywhere. It is like having English as a Universal language where people can use it but they can not exterminate a foreign language. Just like bitcoin, it was created to be used by all and not to remove any currency we currently have.
shaun98
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
December 08, 2017, 01:01:45 PM
 #4768

Not anytime soon, especially not within the next 15 years.

adiksau0414
Full Member
***
Offline Offline

Activity: 462
Merit: 100


SOL.BIOKRIPT.COM


View Profile
December 08, 2017, 01:21:53 PM
Last edit: December 08, 2017, 01:33:30 PM by adiksau0414
 #4769

Well, the article is very informative. I thinks it just suggested the writters opinion. I like the idea about "bitcoin, anything is possible. But as quoted with this part "The primary problem for bitcoin becoming a global reserve currency, besides its decentralized nature, is price/value volatility." yes, it is somehow true, until bitcoin can be constant the possibilty of considering it as a replacement of dollar. Buy as of now, dollar is still the major currency circulating in world. And it would be Still use worldwide til the time bitcoin will conquer the number one spot. (might as well valued in millions)

Pasabm
Member
**
Offline Offline

Activity: 94
Merit: 10


View Profile
December 08, 2017, 01:42:34 PM
 #4770

I think that within 15 years bitcoin has not been able to replace the dollar, it is still too early and it is not easy because the world is not yet fully acquainted with bitcoin. But nothing does not, something can happen.
geegaw
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 502



View Profile
December 08, 2017, 02:26:24 PM
 #4771

It makes no sense to make plans for 15 years, when the situation on both markets - of crypto and fiat money changes every hour. probably it will not replace it.
It is indeed that bitcoin will not replace the dollar because bitcoin is not created to be a primary currency of all the people and it is just created for the people to have an option in using currency. Bitcoin is a good choice to have some investment and also to have a great mode of payment while dollar is a must because it is accepted everywhere.
Agreed, bitcoin is just an ideal investment option, it provides us with a huge source of profits, however, we can not use it as a common currency because the value of bitcoin is unstable and people are still not clear about it, bitcoin is still very vague to many people. Conversely, the dollar is a common currency and can be said to be very popular and accepted anywhere in the world, the value of the dollar relatively stable, and it is supported by a powerful government, a prestigious and influential government in the world. So bitcoin will not replace dollars, it can not afford to comparison with dollars

████     ████     ████              ▄▄▄▄▄▄▄▄▄
████    █████▄    ███               ████▀▀▀▀███▄
 ███▄   ██▀███   ████   ▄▄▄▄▄▄▄▄▄   ████    ▀███
 ▀███  ▄██  ██   ███                ████    ▄███
  ███  ██▀  ███ ▄███    ▄▄▄▄▄▄      ███████████▀
  ▀██▄ ██   ▀██ ███     ██████      ████
   ██████    ██████    ███  ███     ████
   ▀▀▀▀▀     ▀▀▀▀▀    ▄██▀  ▀██▄    ▀▀▀▀
                      ███    ███
                     ████████████
                    ▄███      ███▄
                    ████      ████
....WorkAsPro...
First 
Crypto-powered
Freelance Service
....NO KYC...
0% Commission
....Fiverr Alternative...
Blockchain Voting System
    ▄█▀█▄
    █▄ ▄█
     ▀▀▀
▄▄  ▄███▄         █
██ ███ ██        █▀
██ ███ ██       ▄█
██ ███ ▀▀  ▀▀▀▀▀▀
██ ▀█▄▄▄▄▄▄▄▄
 █▄  ▀▀▀▀▀▀▀▀█
  ██▄▄▄▄▄▄▄  ▀█
▄█▀       ▀█▄ ▀█
▀▀         ▀▀  ▀▀
....Join us now...
jakoylantern
Full Member
***
Offline Offline

Activity: 560
Merit: 107


View Profile
December 08, 2017, 02:31:23 PM
 #4772

For me, bitcoin can’t replace the dollar. Yes, bitcoin is becoming very famous and expensive. But the acceptance of bitcoin is still low. The dollar is the most popular currency in this world, many people are using it in their daily lives, and many people are accepting the dollar. Even the bitcoin is the most popular digital currency he can’t replace the dollar because dollar or real money is one of the primary need of a person. Smiley
qwertyfull
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
December 08, 2017, 02:34:56 PM
 #4773

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?
well for me it will never happen because the bitcoin as we know it is digital currency while the dollar is what we can claim to use our bitcoins if the dollar replace there will be no more good thing that will happen, more people will just rally about it.
Mr.grin
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile
December 08, 2017, 02:44:20 PM
 #4774

from time to time, bitcoin is considered a promising investment tool. well, that's the reality. bitcoin prices to date have risen considerably. and many think that the price will continue to rise. therefore bitcoin is considered an investment tool, and can not replace the dollar.
Harriti
Sr. Member
****
Offline Offline

Activity: 756
Merit: 256


HEX: Longer pays better


View Profile
December 08, 2017, 04:36:02 PM
 #4775

It makes no sense to make plans for 15 years, when the situation on both markets - of crypto and fiat money changes every hour. probably it will not replace it.
It is indeed that bitcoin will not replace the dollar because bitcoin is not created to be a primary currency of all the people and it is just created for the people to have an option in using currency. Bitcoin is a good choice to have some investment and also to have a great mode of payment while dollar is a must because it is accepted everywhere.
Agreed, bitcoin is just an ideal investment option, it provides us with a huge source of profits, however, we can not use it as a common currency because the value of bitcoin is unstable and people are still not clear about it, bitcoin is still very vague to many people. Conversely, the dollar is a common currency and can be said to be very popular and accepted anywhere in the world, the value of the dollar relatively stable, and it is supported by a powerful government, a prestigious and influential government in the world. So bitcoin will not replace dollars, it can not afford to comparison with dollars
Bitcoin has power to comparision with anything, it can does that! But remember, Bitcoin has power and the government accept or not are different problems. The American government will never accept a crypto currency can't give them any benefit to replace the strongest currency at current in the world.


        ████████████████████
       ██████████████████████
      ████████████████████████
     ██████████████████████████
    ████████████████████████████
   ████               ▀██████████
  ████  ██████████████  ██████████
████  ████████████████  ██████████▄
████  ██████████████████  █████████▀
██  ████████████████████  ███████
    ███          █████████  █████
   ███  ███████   ███████  █████
       █████████   █████  █████
      ███████████   ███  █████
       █████████   ███  █████
        ███████   ███  █████



















Powered by,
Clairvoyance
Full Member
***
Offline Offline

Activity: 412
Merit: 152


Perceiving events in the future and beyond


View Profile
December 08, 2017, 04:47:20 PM
 #4776

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

I believe that Bitcoin's dominance is indirectly proportinal to the value of fiat currency. The sudden soar in pricing is a clear indication that fiat is really losing its advantage.
emma46
Member
**
Offline Offline

Activity: 102
Merit: 10


View Profile
December 08, 2017, 05:49:36 PM
 #4777

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

It could be possible in the future, but I highly doubt that it would be soon. The thing is the United States of America will not just let any currency to overcome their own, particularly a currency that can only be accessible online.
Test511111
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
December 08, 2017, 07:31:33 PM
 #4778

I really like virtual money. It`s easy to use it. But it will be difficult to use it for example in taxi.
dificanovi
Full Member
***
Offline Offline

Activity: 812
Merit: 105



View Profile
December 08, 2017, 08:14:51 PM
 #4779

Coinbase CEO believes bitcoin will replace dollar within 15 years.

Read the following news:
http://cointelegraph.com/news/114983/coinbase-ceo-bitcoin-will-replace-dollar-within-15-years

Do you think it will be true? Are you positive towards bitcoin's future status?

in my opinion also like that, bitcoin will replace the dollar but it takes a long process. this event will occur because bitcoin or crypto currency has many uses and advantages.

FLoving
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 521


View Profile
December 08, 2017, 08:56:04 PM
 #4780

from time to time, bitcoin is considered a promising investment tool. well, that's the reality. bitcoin prices to date have risen considerably. and many think that the price will continue to rise. therefore bitcoin is considered an investment tool, and can not replace the dollar.
Bitcoin is not like that of regular currency but it can be declared as legal currency if the entire world accept it. There are number of things which will matter while analyzing this thing. Dollar is actually an internationally recognized currency. People are using it and almost all over the world this dollar is being used. Bitcoin needs to take lot of time in order to compete with dollar. Moreover, it also needs to get legal first.
Pages: « 1 ... 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 [239] 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!