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Author Topic: UPDATE  (Read 41005 times)
Superways
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April 08, 2016, 10:19:53 AM
 #681

You are true we need bitcoin, so that a family can also be supported by getting a good job for bitcoin transactions etc. The dollar is a fiat for a nation(USA) and is supported for the success of USA only while bitcoin is an international currency and is a currency of all people around the world.
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April 08, 2016, 01:56:56 PM
 #682

1 Bitcoin = 400+ Dollar

We all know who won the contest, surely BTC

In terms of price bitcoin might have defeated. Lot more to go, we need to get more acceptance which at present is experienced high for dollar.
Dollar is useless in the future, everything now will be more digital and that is perfect for Bitcoin because Bitcoin is digital money so you can use it much easier than Dollars.
Both are a bug currency but the thing is which one will exist longer in the future and that is on this moment and later Bitcoin, you already see that Bitcoin is being more used.

But we talk about after some 10 years, it is not possible that it can happen soon because a lot of people dont even know how Bitcoin works on this moment.
That's right, if we see the people around us not even 1% aware of bitcoin. Then how dollar become a useless thing? It won't happen in any days as it is world's currency. May be in future bitcoin will shine and spread everywhere but dollar won't be levelled down, it will be the same as such.

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vero
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April 08, 2016, 02:02:21 PM
 #683

1 Bitcoin = 400+ Dollar

We all know who won the contest, surely BTC

In terms of price bitcoin might have defeated. Lot more to go, we need to get more acceptance which at present is experienced high for dollar.
Dollar is useless in the future, everything now will be more digital and that is perfect for Bitcoin because Bitcoin is digital money so you can use it much easier than Dollars.
Both are a bug currency but the thing is which one will exist longer in the future and that is on this moment and later Bitcoin, you already see that Bitcoin is being more used.

But we talk about after some 10 years, it is not possible that it can happen soon because a lot of people dont even know how Bitcoin works on this moment.
That's right, if we see the people around us not even 1% aware of bitcoin. Then how dollar become a useless thing? It won't happen in any days as it is world's currency. May be in future bitcoin will shine and spread everywhere but dollar won't be levelled down, it will be the same as such.
Do you mean maybe one day bitcoin can stay on same level with dollar, it will not happened. in my opinion bitcoin never win with the top 5 currencies.

CiaraB
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April 08, 2016, 02:14:34 PM
 #684

MOST FIAT currency especially the U.S dollar i produced by debt and the more the debt rises, the more dollars have to be printed to sustain the debt whereas bitcoin is 100% debt free and solvent so in my eyes as a long term investment bitcoin wins hands down and the more peeps start dumping the dollar, the more bitcoin gains trust and momentum.

The government keeps printing money to create inflation so the money doesn't outgrow the economy. Otherwise people would hoard their cash as it's value rises with deflation.

Deflation is terrible for an economy.
n0ne
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April 08, 2016, 04:39:43 PM
 #685

1 Bitcoin = 400+ Dollar

We all know who won the contest, surely BTC

In terms of price bitcoin might have defeated. Lot more to go, we need to get more acceptance which at present is experienced high for dollar.
Dollar is useless in the future, everything now will be more digital and that is perfect for Bitcoin because Bitcoin is digital money so you can use it much easier than Dollars.
Both are a bug currency but the thing is which one will exist longer in the future and that is on this moment and later Bitcoin, you already see that Bitcoin is being more used.

But we talk about after some 10 years, it is not possible that it can happen soon because a lot of people dont even know how Bitcoin works on this moment.

Only a very few centralized currencies had got out of use after its existence, so dollar getting changed to a useless currency is unacceptable. Our bitcoin usage and acceptance might increase but defeating in a few years or 15 years time is not at all possible.

ronaldinho_07
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April 09, 2016, 03:29:34 PM
 #686

Well the currencies that has gone atleast in Eurozone has been implemented all with euro soo they were upgraded to a unic coin with several advantages and less fluctuation.Bitcoin will be an investment option and is dollars is the currency that rules the world.
peta4e
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April 09, 2016, 03:33:17 PM
 #687

1 Bitcoin = 400+ Dollar

We all know who won the contest, surely BTC

In terms of price bitcoin might have defeated. Lot more to go, we need to get more acceptance which at present is experienced high for dollar.
Dollar is useless in the future, everything now will be more digital and that is perfect for Bitcoin because Bitcoin is digital money so you can use it much easier than Dollars.
Both are a bug currency but the thing is which one will exist longer in the future and that is on this moment and later Bitcoin, you already see that Bitcoin is being more used.

But we talk about after some 10 years, it is not possible that it can happen soon because a lot of people dont even know how Bitcoin works on this moment.

Only a very few centralized currencies had got out of use after its existence, so dollar getting changed to a useless currency is unacceptable. Our bitcoin usage and acceptance might increase but defeating in a few years or 15 years time is not at all possible.

Yes it will take a long time for bitcoin to beat dollar, and looking at the present scenario I don't see dollar going anywhere as the users of dollar are more in compare to bitcoins.
Hellacopter
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April 09, 2016, 03:46:17 PM
 #688

Nowadays the dollar is used a lot more than Bitcoin unluckily, but that's normal because Bitcoin still growing up and a lot of people still not knowing anything about it till now. So may be in future it will be used better than Dollar
nejibens
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April 10, 2016, 02:44:16 PM
 #689

Bitcoin isn't stable right now, but if it will conquer the world as expected, we guess it will be used more than Dollar in the future.
fuathan
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April 10, 2016, 04:21:36 PM
 #690

Interesting thing is when dollar depreciated bitcoin depreciated as well and vice versa... I was expecting the opposite...
ronaldinho_07
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April 10, 2016, 05:12:20 PM
 #691

Dollar and bitcoin up and down same time means nothing at all.The dollars is a currencie present everywhere and almost all deals has it as main currency,or are based into its value.Bitcoin has some supporters and believers and the most new members are investing since they consider bitcoin a huge if not the best way to make  extra money ,trading it.
terman45x
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April 10, 2016, 07:43:13 PM
 #692

Dollar seems to be more powerful at a moment as it enjoys huge market cap and that is missing with bicoin at a moment and really not sure what will be the scenario in future.
d5000
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April 10, 2016, 07:56:11 PM
 #693

Bitcoins great "usability-related" advantage is that you are not limited to a single state or nation. You can pay everywhere it's accepted and send "money" where you want. So it's of great use for all people with strong connections to other countries. It has also privacy-related advantages, but to really benefit from them you must have a high level of knowledge, so it's still not more "private" than a regular bank transaction for the average Joe.

But there obviously is another advantage, independence from politics. Bitcoin has its own "politics", as we can see actually (Core/Classic/XT discussion), but it has mechanisms to avoid too great influence from single persons or entities like governments.

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co5hike
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April 10, 2016, 08:16:13 PM
 #694

Dollar seems to be more powerful at a moment as it enjoys huge market cap and that is missing with bicoin at a moment and really not sure what will be the scenario in future.

Things can change in future but we don't know whether it can be reality or not as dollar is strongest of all and bitcoin needs a powerful reason to replace it.
angaper
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April 10, 2016, 08:43:55 PM
 #695

In this moment I prefer to carry out my daily transactions with dollars, because the current possibilities to cover my daily needs with bitcoin are very limited. Additionally the American dollar has an international prestige that can facilitate any transactions at any place in the world.
Bestwishes745
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April 10, 2016, 09:16:03 PM
 #696

Dollar seems to be more powerful at a moment as it enjoys huge market cap and that is missing with bicoin at a moment and really not sure what will be the scenario in future.

Yeah that is true currently dollar is No.1 currency in the world market and a large number of big businesses are accepting dollar for theiir use, but I don't think that dollar will continue like that for longer and I think that at least on digital world bitcoin will replace the dollar very sooner.
FabioDelcatto
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April 10, 2016, 10:21:18 PM
 #697

In this moment I prefer to carry out my daily transactions with dollars, because the current possibilities to cover my daily needs with bitcoin are very limited. Additionally the American dollar has an international prestige that can facilitate any transactions at any place in the world.

Yeah the dollar offers way more possibilities to spend then bitcoin. This will change by adoption, but in general the dollar will always be
more usable (in offline payment f.e.)
uname
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April 10, 2016, 10:47:33 PM
 #698

Dollar seems to be more powerful at a moment as it enjoys huge market cap and that is missing with bicoin at a moment and really not sure what will be the scenario in future.
of course the dollar have more power than the bitcoin. we are still very young. we just lanching. could not directly beat dollar
we still need improvement and a longer time. to be better compared to the dollar

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April 11, 2016, 08:21:52 AM
 #699

Dollar seems to be more powerful at a moment as it enjoys huge market cap and that is missing with bicoin at a moment and really not sure what will be the scenario in future.

Things can change in future but we don't know whether it can be reality or not as dollar is strongest of all and bitcoin needs a powerful reason to replace it.

Replacing it would be be a bad idea. Existing with it is good though. There will a good profit for investors and miners. You cant mine a dollar also so better leave them individually without killing each other.
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April 11, 2016, 08:39:10 AM
 #700

Dollar prices downfall often and bitcoin prices always rises
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