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Author Topic: UPDATE  (Read 41005 times)
Bazelak
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January 25, 2016, 10:03:19 AM
 #221

The dollar, or fiat, will always be around. Bitcoin is just going to be like a sub currency if even that. People are just too used to fiat.

Or it could be a commodity like oil. Where it is being mined and someday will be emptied. All bitcoin will just be outside used or stored in their wallets. And I bet it will have a great value because of its rareness and more demands.

The bitcoin is different from oil. Oil can be used and depleted. Bitcoin will not be. Its value is dependent on its usefulness.

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diodio5
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January 25, 2016, 11:12:04 AM
 #222

The dollar, or fiat, will always be around. Bitcoin is just going to be like a sub currency if even that. People are just too used to fiat.
correct, for now bitcoin can not stand alone
if you want to use bitcoin to buy something, of course the best way is exchange it to fiat
xuan87
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January 25, 2016, 11:27:31 AM
 #223

yes bitcoin will always be a sub currency, its impossible one country is going to throw away the fiat money then change into bitcoin

but eventhough as  a sub currency bitcoin is still play a big part in economic, the more people doing transaction using bitcoin the more stable the bitcoin price will be


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delliaerd
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January 25, 2016, 11:48:15 AM
 #224

The dollar, or fiat, will always be around. Bitcoin is just going to be like a sub currency if even that. People are just too used to fiat.
correct, for now bitcoin can not stand alone
if you want to use bitcoin to buy something, of course the best way is exchange it to fiat

Bitcoin will be useful if accompanied by dollars and other countries currency. But Conversely dollars can stand itself without bitcoin

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wuvdoll
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January 25, 2016, 07:58:19 PM
 #225

yes bitcoin will always be a sub currency, its impossible one country is going to throw away the fiat money then change into bitcoin

but eventhough as  a sub currency bitcoin is still play a big part in economic, the more people doing transaction using bitcoin the more stable the bitcoin price will be

It's still possible for bitcoins being independent and used as a crypto currency of a country and a recognized sub currency. I know that once it gets recognized, bitcoin wil most probably have a stable price and not be as uncertain as it is now.
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January 25, 2016, 08:03:18 PM
 #226

Euro or dollar is what shows us the current value of bitcoin ,comparing them as it were all just currencies makes no sense.Bitcoin will keep growing and will be worthing much more.
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January 26, 2016, 05:46:04 AM
 #227

yes bitcoin will always be a sub currency, its impossible one country is going to throw away the fiat money then change into bitcoin

but eventhough as  a sub currency bitcoin is still play a big part in economic, the more people doing transaction using bitcoin the more stable the bitcoin price will be

It's still possible for bitcoins being independent and used as a crypto currency of a country and a recognized sub currency. I know that once it gets recognized, bitcoin wil most probably have a stable price and not be as uncertain as it is now.

The only thing that I want is bitcoins being as good and usable like dollars and phsyical bitcoins is the only way we can achieve a stable price for bitcoin. This way we can expect bitcoin will replace dollars.

sana54210
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January 26, 2016, 05:45:39 PM
 #228

yes bitcoin will always be a sub currency, its impossible one country is going to throw away the fiat money then change into bitcoin

but eventhough as  a sub currency bitcoin is still play a big part in economic, the more people doing transaction using bitcoin the more stable the bitcoin price will be

It's still possible for bitcoins being independent and used as a crypto currency of a country and a recognized sub currency. I know that once it gets recognized, bitcoin wil most probably have a stable price and not be as uncertain as it is now.

With the use of debit cards, it has become easier for many users like me to directly withdraw cash using my bitcoins but the fees are so high that it's not affordably by all. Since the currency in bTC cannot be tracked, bitcoins have an advantage over all other currencies.

jostorres
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January 26, 2016, 06:14:16 PM
 #229

Bitcoins will only be useful if they can be recognized as a currency of a particular country like dollars else they cannot be even compared to dollars or any other currency.

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knowhow
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January 26, 2016, 08:24:48 PM
 #230

As i said bitcoin has potencial but is decentralized ,for other side dollar controls all the market transactions soo anything related to this both vs will be very unfair to bitcoin has hasnt the support for over the world.
ShrykeZ
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January 26, 2016, 10:30:55 PM
 #231

It's your money that is under your control, unlike that with fiat where you are informed of how much money you have and in certain crisis can be taken from you.
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January 26, 2016, 10:44:09 PM
 #232

Bitcoin is much safer and better than the dollar. But barely anyone uses Bitcoin compared to the dollar.

 
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Pollak
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January 26, 2016, 10:59:06 PM
 #233

As i said bitcoin has potencial but is decentralized ,for other side dollar controls all the market transactions soo anything related to this both vs will be very unfair to bitcoin has hasnt the support for over the world.

Well it's still decentralized. Not sure for how long this will be mate. I really hope forever.
Because if it stays decentralized we will beat the market cap of many currencies.

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January 27, 2016, 12:02:33 AM
 #234

Bitcoin is safer and just overall better. The dollar is old, Bitcoin is new and rising.

knowhow
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January 27, 2016, 12:24:25 AM
 #235

As i said bitcoin has potencial but is decentralized ,for other side dollar controls all the market transactions soo anything related to this both vs will be very unfair to bitcoin has hasnt the support for over the world.

Well it's still decentralized. Not sure for how long this will be mate. I really hope forever.
Because if it stays decentralized we will beat the market cap of many currencies.

The big farms can have several coins but in the end they need to pay bills soo they sell some of them... if not well they cant control the bitcoin because nakamoto has several coins.... if he mooves them the price will hit the ground,and loose value in a short period.
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January 27, 2016, 09:22:23 AM
 #236

Bitcoin is safer and just overall better. The dollar is old, Bitcoin is new and rising.

There are some obatacles for the bitcoin adoption. It can also process 3 transactions per second for most of the times. It is still too low.
Bitcoinbro
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January 27, 2016, 09:43:42 AM
Last edit: January 27, 2016, 09:57:00 AM by Bitcoinbro
 #237

Bitcoin is of course more valuable. But of course US Dollars more currency used.
But Bitcoin is becoming more popular.
I think Dollars remains greater than Bitcoin.
blackmachinegun
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January 27, 2016, 09:55:00 AM
 #238

Bitcoin is safer and just overall better. The dollar is old, Bitcoin is new and rising.
lol dollar old age and surviving because the dollar is very reliable and safest of all currencies, I think you're upside down dude
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January 27, 2016, 09:56:27 AM
 #239

Bitcoin is global a cryptocurrency, it has no central bank which owns it.
you use BTC as money, of course the dollar is bigger but bitcoin is far superior.
Dollar can be still strong now, but this won't lasts forever.
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January 27, 2016, 12:27:21 PM
 #240

Bitcoin is global a cryptocurrency, it has no central bank which owns it.
you use BTC as money, of course the dollar is bigger but bitcoin is far superior.
Dollar can be still strong now, but this won't lasts forever.


Bitcoin is superior but it is valued with dollars right? Just look at how it is exchanged. 1BTC = $395 they wont say it is 1BTC = Euro dollar. So Dollar is still the strongest money. Although it is low that is because bitcoin have limited stocks. Once it is depleted then it is like gold that will be like a commodities.
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