UPDATE

[lahm-44]

:-XThere are simply a lot more US dollars out there than Bitcoins. Even at the peak of the most recent bubble, the total value of Bitcoins was less than $3 billion. Whereas the US dollar supply is nearly $10 trillion. If someone wanted to exchange some Euros for $1 million, the financial markets wouldn't notice a thing. If someone tried to buy a $1 million worth of Bitcoins, it would cause a noticeable spike in the price. A small number of speculators can drive large changes in the value of Bitcoins.

Another stabilizing factor for the US dollar is that people, businesses, and governments need dollars for everyday transactions. This leaves a relatively small percentage of dollars available for speculators to trade. Bitcoin doesn't yet have this same level of stable demand, so is at greater risks for speculative bubbles since such a large share of Bitcoins could be acquired by speculators.

[knowhow]

:-XThere are simply a lot more US dollars out there than Bitcoins. Even at the peak of the most recent bubble, the total value of Bitcoins was less than $3 billion. Whereas the US dollar supply is nearly $10 trillion. If someone wanted to exchange some Euros for $1 million, the financial markets wouldn't notice a thing. If someone tried to buy a $1 million worth of Bitcoins, it would cause a noticeable spike in the price. A small number of speculators can drive large changes in the value of Bitcoins.

Another stabilizing factor for the US dollar is that people, businesses, and governments need dollars for everyday transactions. This leaves a relatively small percentage of dollars available for speculators to trade. Bitcoin doesn't yet have this same level of stable demand, so is at greater risks for speculative bubbles since such a large share of Bitcoins could be acquired by speculators.

Well comparing bitcoin with dollar,euro or any other currencie makes no sense,bitcoin has the community support,but as you stated most countries use dollars to every transaction they make being import or export,soo bitcoin as maybe 0,01% of total money over the world.

[edoncoin]

So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?

Particular, which CONCRETE advantages can the people get from BTC?

Thank you.

bitcoin is an investment tool for me personally

[Imoote]

:-XThere are simply a lot more US dollars out there than Bitcoins. Even at the peak of the most recent bubble, the total value of Bitcoins was less than $3 billion. Whereas the US dollar supply is nearly $10 trillion. If someone wanted to exchange some Euros for $1 million, the financial markets wouldn't notice a thing. If someone tried to buy a $1 million worth of Bitcoins, it would cause a noticeable spike in the price. A small number of speculators can drive large changes in the value of Bitcoins.

Another stabilizing factor for the US dollar is that people, businesses, and governments need dollars for everyday transactions. This leaves a relatively small percentage of dollars available for speculators to trade. Bitcoin doesn't yet have this same level of stable demand, so is at greater risks for speculative bubbles since such a large share of Bitcoins could be acquired by speculators.

Well comparing bitcoin with dollar,euro or any other currencie makes no sense,bitcoin has the community support,but as you stated most countries use dollars to every transaction they make being import or export,soo bitcoin as maybe 0,01% of total money over the world.

Yes dollar or other currency is different with the bitcoin. When compared with the currency bitcoin does not have meaning. But in the digital currency bitcoin greatly affect much and now most people transact using digital currency

[goinmerry]

So guys, in a world where the 10% of total transaction are with BTC, what is the advantages for a normal family? What this kind of money can solve? In particular, if some rich don't spend BTC to increase the value and less BTC are spent, how can deflating happen?

Particular, which CONCRETE advantages can the people get from BTC?

Thank you.

bitcoin is an investment tool for me personally

That will be good. But it have more than that. Investing, used for gambling, porn buying and other more stuffs. My bitcoin is used for different kinds also. Sending money for my family, using it as a payment method for electric bills and prepaid loading. Thanks to the remittance from the wallet site it is like a business  now.

[Bazelak]

I would choose bitcoin. Because it is easier to get than a dollar

For most people, bitcoin is more difficult to get in large quantities than dollar as we are mainly paid in fiat.

[umaOuma]

I would choose bitcoin. Because it is easier to get than a dollar

For most people, bitcoin is more difficult to get in large quantities than dollar as we are mainly paid in fiat.

Yeah but you can carry as much bitcoins possible in your digital wallet and no one would be aware about it, but with dollars you have certain limitation to carry with you, even you are travelling abroad, you have certain limits to carry dollars or else you would be in trouble on airport, and that is not same with bitcoins.

[knowhow]

Dollars is the fiat most used over the world ,almost all transactions are related ot it,import or export and you will find those,buy equipments,almost everything related to dollar,bitcoin has a great value and are becoming rare every year less supply,look at silver and gold those both has a great interest because they are material and can be send as a gift,bitcoin in the future even being digital currency and can be sent as gift ,where you will be able to buy gold or silver with bitcoin,without any problem.

[Dr.Osh]

Dollars is the fiat most used over the world ,almost all transactions are related ot it,import or export and you will find those,buy equipments,almost everything related to dollar,bitcoin has a great value and are becoming rare every year less supply,look at silver and gold those both has a great interest because they are material and can be send as a gift,bitcoin in the future even being digital currency and can be sent as gift ,where you will be able to buy gold or silver with bitcoin,without any problem.

yes, you're right, but it bitcoin is also not well known among the people who still lay with the internet, so the dollar may still have an edge here

[Btcforall]

Bitcoin can be easily manipulated by few people who have lots of bitcoin in possession.Like if Satoshi decides to sell even 50% of his bitcoin,price will fall down to below $100.What role government and bank plays to control fiat,in bitcoin same role is assumed by few individuals

[TTMNewsMJ]

Bitcoin is easier to use for me than the dollar.

[davinchi]

Bitcoin is easier to use for me than the dollar.

I think dollar is really difficult to use, yeah. An example can be seen like how many people daily try to get rid of their PAYPAL USD for getting btc , while you can get PP USD easily for BTC !

[Bazelak]

Bitcoin is easier to use for me than the dollar.

Very superised to hear that. You can use dollar to buy anything. US dollar is the most used drug money.

[stromma44]

Bitcoin is easier to use for me than the dollar.

Very superised to hear that. You can use dollar to buy anything. US dollar is the most used drug money.

Bitcoin is good, but Dollar will win the race as it is widely used and widely accepted, and dollar being more traditional have gained trust from the people, comparatively bitcoin is a new currency, and people hesitate in using bitcoin as they are not aware about it, dollar will face competition from bitcoin, but it will never replace dollar.

[greBit]

Bitcoin is easier to use for me than the dollar.

Very superised to hear that. You can use dollar to buy anything. US dollar is the most used drug money.

Bitcoin is good, but Dollar will win the race as it is widely used and widely accepted, and dollar being more traditional have gained trust from the people, comparatively bitcoin is a new currency, and people hesitate in using bitcoin as they are not aware about it, dollar will face competition from bitcoin, but it will never replace dollar.

In future as mentioned there will be some races going on in which various cryptocurrencies compete with the local currencies which might be a dollar or euro or some other nations, but bitcoin won't replace those currencies place. Only possibility the bitcoin users get increased.

[Imoote]

Bitcoin is easier to use for me than the dollar.

Very superised to hear that. You can use dollar to buy anything. US dollar is the most used drug money.

Bitcoin is good, but Dollar will win the race as it is widely used and widely accepted, and dollar being more traditional have gained trust from the people, comparatively bitcoin is a new currency, and people hesitate in using bitcoin as they are not aware about it, dollar will face competition from bitcoin, but it will never replace dollar.

Yes when I think think you're right because bitcoin is not money, while the dollar is money.
Both have a different role and if I may say both have their world, respectively.
Bitcoin might be menggantika dollar but it takes a lot of changes and a long time

[Umworpol]

Bitcoin is easier to use for me than the dollar.

Very superised to hear that. You can use dollar to buy anything. US dollar is the most used drug money.

Bitcoin is good, but Dollar will win the race as it is widely used and widely accepted, and dollar being more traditional have gained trust from the people, comparatively bitcoin is a new currency, and people hesitate in using bitcoin as they are not aware about it, dollar will face competition from bitcoin, but it will never replace dollar.

Yes when I think think you're right because bitcoin is not money, while the dollar is money.
Both have a different role and if I may say both have their world, respectively.
Bitcoin might be menggantika dollar but it takes a lot of changes and a long time

Dollar is not money it just a paper promise by the gorv and bitcoin is promise by the whole world of people using bitcoin .

[Amph]

Bitcoin is easier to use for me than the dollar.

Very superised to hear that. You can use dollar to buy anything. US dollar is the most used drug money.

it's actually true, it's more hard to use fiat for internet purpose for exmple, you always need to provide soem form of identification and crap like that

also you expose each time your credit card details for some shady purchase

[Bazelak]

Bitcoin is easier to use for me than the dollar.

Very superised to hear that. You can use dollar to buy anything. US dollar is the most used drug money.

Bitcoin is good, but Dollar will win the race as it is widely used and widely accepted, and dollar being more traditional have gained trust from the people, comparatively bitcoin is a new currency, and people hesitate in using bitcoin as they are not aware about it, dollar will face competition from bitcoin, but it will never replace dollar.

Yes when I think think you're right because bitcoin is not money, while the dollar is money.
Both have a different role and if I may say both have their world, respectively.
Bitcoin might be menggantika dollar but it takes a lot of changes and a long time

Bitcoin is a real money. You can use that to buy a lot of things. The only problem is that it is not widely accepted. Maybe in 10 year, it will be.

[shiryu]

Dollar is accepted everywhere and many people in the world hold dollar that's why i never think bitcoin can replace dollar in the future.