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Author Topic: USD vs BTC  (Read 121106 times)
Gameroid
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January 30, 2017, 02:16:20 AM
 #1001

Bitcoin doesn't reach such high popularity as dollar have now. And I doubt it ever will. Everything because of bitcoin is limited by 21 millions and dollar is printed nonstop. Dollar is much spreaded over the world than bitcoin. And how many people heard about bitcoin? Just little group in the all mass of people.
in fact bitcoin is still new currency, therefore people are feeling a little reluctant to accept bitcoin in their business. i think it will still a little more time for the people to understand the importance of bitcoin, and then implement bitcoin in their lives.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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millgates
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January 30, 2017, 04:15:22 AM
 #1002

Bitcoin doesn't reach such high popularity as dollar have now. And I doubt it ever will. Everything because of bitcoin is limited by 21 millions and dollar is printed nonstop. Dollar is much spreaded over the world than bitcoin. And how many people heard about bitcoin? Just little group in the all mass of people.
USD is more popular than bitcoin now because USD is not only used USA. I do no thing that the limitation of bitcoin is a problem because bitcoin can be divide in 8 decimal.
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January 30, 2017, 08:12:59 AM
 #1003

Bitcoin doesn't reach such high popularity as dollar have now. And I doubt it ever will. Everything because of bitcoin is limited by 21 millions and dollar is printed nonstop. Dollar is much spreaded over the world than bitcoin. And how many people heard about bitcoin? Just little group in the all mass of people.
USD is more popular than bitcoin now because USD is not only used USA. I do no thing that the limitation of bitcoin is a problem because bitcoin can be divide in 8 decimal.

Of course USD is more popular because it is one  of the major currency of current time. Nations are considered to be rich if they hold greater amount of USD in their reserves. But this does not mean that things will always remain the same and USD will dominate always. I think Bitcoin is a strong competitor as as soon as Dollar will began to lose value, bitcoin will take over.









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January 30, 2017, 09:00:50 AM
 #1004

Bitcoin is getting popular here in the phillipines due to some deepweb stories.
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January 30, 2017, 10:28:40 AM
 #1005

Bitcoin doesn't reach such high popularity as dollar have now. And I doubt it ever will. Everything because of bitcoin is limited by 21 millions and dollar is printed nonstop. Dollar is much spreaded over the world than bitcoin. And how many people heard about bitcoin? Just little group in the all mass of people.
USD is more popular than bitcoin now because USD is not only used USA. I do no thing that the limitation of bitcoin is a problem because bitcoin can be divide in 8 decimal.
USD might be popular just because of its value and usage in few countries around the world. Respectively Euro is much used than USD, also bitcoin haven't reached a large user group similar to USD. But it has got the acceptance around every country, atleast a single person in each country will be using bitcoin.
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January 30, 2017, 10:45:47 AM
 #1006

is bitcoin more popular than US Dollar ?

No, bitcoin is not more popular than the US dollar. I think even the isolated tribes in the amazon know of the US dollar.
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January 30, 2017, 11:13:43 AM
 #1007

The economy of the world depends on Dollar (Petrol Dollar) and I expect this dominance to continue for sometime,  unless US debt profile hit default level, BTC is still new with only few millions users. For investors, Bitcoin is great because it has outperformed US$ greatly more than 5000X return and the fundamentals are still strong.

So for users USD while for investors BTC
Those people will be more lucky if they adopt the concept "for users BTC and for investors BTC"
as I believe that is possible even in today time when the facilities are available only on digital system and even the governments have not recognized bitcoin. I am investing in bitcoin and using bitcoin for my needs and I found it more beneficial.
lol3c
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January 30, 2017, 11:47:55 AM
 #1008

is bitcoin more popular than US Dollar ?

No, bitcoin is not more popular than the US dollar. I think even the isolated tribes in the amazon know of the US dollar.
Well, it is not a good way to compare because Bitcoin only existes on this planet for 8 years and Dollar has been hear for more than 300 hundred years. However, as far as we know, Bitcoin currently has a bright future because it provides many advantages to its users, which makes more and more people pay attention to it. In about two more decades, I believe most of the people will know and understand what bitcoin is
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January 30, 2017, 12:28:48 PM
 #1009

For the future, Bitcoin will be phenomenal and have started to appear from year to year, the development of highly advanced Bitcoin and outstanding. Everyone discuss Bitcoin because the value that can make people fascinated and they feel they have to have it or to get it, companies also began to accept Bitcoin and I think that indications the Bitcoin will be popular in the future. For the popular issue of the US Dollar, I think we both see the future.
PacePay
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January 30, 2017, 02:02:00 PM
 #1010

not at all .usd is more popular than bitcoins .it is becoming more and more popular .as the price of bitcoins would increase day by  day it is becoming more and more popular but it would never go higher than usd.
I think it all depend on the rate of adoption not only the price rising. USD is being used and adopted for international use from centuries that is why it have roots firmed in the businesses while bitcoin is new but still we are seeing that it is going to be in competition with USD and if the adoption of bitcoin increased to the most parts of the world then there is chances that bitcoin become more powerful than USD.
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January 30, 2017, 02:31:14 PM
 #1011

For the future, Bitcoin will be phenomenal and have started to appear from year to year, the development of highly advanced Bitcoin and outstanding. Everyone discuss Bitcoin because the value that can make people fascinated and they feel they have to have it or to get it, companies also began to accept Bitcoin and I think that indications the Bitcoin will be popular in the future. For the popular issue of the US Dollar, I think we both see the future.
aka both combined into a tool for good deals. when bitcoin can not be used, then the dollar will be used. I believe, and usd bitcoin transaction will be the best tool in the world. but, I believe, bitcoin still has the advantage, because bitcoin is also popular on the internet. so, many people will look for bitcoin than usd.
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January 30, 2017, 02:32:34 PM
 #1012

Bitcoin doesn't reach such high popularity as dollar have now. And I doubt it ever will. Everything because of bitcoin is limited by 21 millions and dollar is printed nonstop. Dollar is much spreaded over the world than bitcoin. And how many people heard about bitcoin? Just little group in the all mass of people.
USD is more popular than bitcoin now because USD is not only used USA. I do no thing that the limitation of bitcoin is a problem because bitcoin can be divide in 8 decimal.

Of course USD is more popular because it is one  of the major currency of current time. Nations are considered to be rich if they hold greater amount of USD in their reserves. But this does not mean that things will always remain the same and USD will dominate always. I think Bitcoin is a strong competitor as as soon as Dollar will began to lose value, bitcoin will take over.

Unfortunately, this is unlikely to ever happen. Fiat currency has more support from the government than cryptocurrency. Bitcoin will be used by ordinary people
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January 30, 2017, 02:34:33 PM
 #1013

For the future, Bitcoin will be phenomenal and have started to appear from year to year, the development of highly advanced Bitcoin and outstanding. Everyone discuss Bitcoin because the value that can make people fascinated and they feel they have to have it or to get it, companies also began to accept Bitcoin and I think that indications the Bitcoin will be popular in the future. For the popular issue of the US Dollar, I think we both see the future.
aka both combined into a tool for good deals. when bitcoin can not be used, then the dollar will be used. I believe, and usd bitcoin transaction will be the best tool in the world. but, I believe, bitcoin still has the advantage, because bitcoin is also popular on the internet. so, many people will look for bitcoin than usd.
yes both of them are working better for the uses of people online and offline internationally and locally nowadays. But I can see now people prefer bitcoin more and do not go first to USD but they go first to bitcoin and ask if bitcoin is usable at that place or not and if they do not find the use of bitcoin there then they use USD. It means that bitcoin is going better.
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January 30, 2017, 04:17:30 PM
 #1014

For the future, Bitcoin will be phenomenal and have started to appear from year to year, the development of highly advanced Bitcoin and outstanding. Everyone discuss Bitcoin because the value that can make people fascinated and they feel they have to have it or to get it, companies also began to accept Bitcoin and I think that indications the Bitcoin will be popular in the future. For the popular issue of the US Dollar, I think we both see the future.
aka both combined into a tool for good deals. when bitcoin can not be used, then the dollar will be used. I believe, and usd bitcoin transaction will be the best tool in the world. but, I believe, bitcoin still has the advantage, because bitcoin is also popular on the internet. so, many people will look for bitcoin than usd.
yes both of them are working better for the uses of people online and offline internationally and locally nowadays. But I can see now people prefer bitcoin more and do not go first to USD but they go first to bitcoin and ask if bitcoin is usable at that place or not and if they do not find the use of bitcoin there then they use USD. It means that bitcoin is going better.

Nobody argues that Bitcoin has many advantages over the dollar. But it is also important that both the government refers Bitcoins. And it refers to it with caution. That is why the popularization of Bitcoins is slowing
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January 30, 2017, 10:03:45 PM
 #1015

Bitcoin is getting popular here in the phillipines due to some deepweb stories.
i agree with you that bitcoin is really getting much more popularity in many countries and i hope bitcoin will be use in all whole the world as their regular currency so we can say that bitcoin will be more popular than USD in the future.
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January 30, 2017, 10:22:42 PM
 #1016

Bitcoin is getting popular here in the phillipines due to some deepweb stories.
i agree with you that bitcoin is really getting much more popularity in many countries and i hope bitcoin will be use in all whole the world as their regular currency so we can say that bitcoin will be more popular than USD in the future.

Not just there in Philippines but for almost countries bitcoin is getting more popularity because of its usage. And not just because it can be used in deep web.

But even in normal web, we use it for trading, gambling and other ways that we can enjoy.

Still USD will remain to be known as the value of bitcoin is depending on it.

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January 30, 2017, 11:40:26 PM
 #1017

not at all .usd is more popular than bitcoins .it is becoming more and more popular .as the price of bitcoins would increase day by  day it is becoming more and more popular but it would never go higher than usd.
but although bitcoin will become more famous in the future. it will not make bitcoin replace fiat fiat or even make disappear, the dollar will continue higher and popular than bitcoin
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January 31, 2017, 07:41:42 AM
 #1018

not at all .usd is more popular than bitcoins .it is becoming more and more popular .as the price of bitcoins would increase day by  day it is becoming more and more popular but it would never go higher than usd.
but although bitcoin will become more famous in the future. it will not make bitcoin replace fiat fiat or even make disappear, the dollar will continue higher and popular than bitcoin
That's correct, bitcoin is already popular but not as popular as fiat or USD. I don't think it will be the mainstream currency of the world as this world is still manage and controlled by our government, they dictate things and implement what is right to be implemented. The government has their own fiat in digital form, so most likely it will be their version to compete with bitcoin.

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January 31, 2017, 10:42:41 AM
 #1019

not at all .usd is more popular than bitcoins .it is becoming more and more popular .as the price of bitcoins would increase day by  day it is becoming more and more popular but it would never go higher than usd.
but although bitcoin will become more famous in the future. it will not make bitcoin replace fiat fiat or even make disappear, the dollar will continue higher and popular than bitcoin
Yes I agree, fiat money is always used and is not replaceable. We all know that the State must guarantee and economic transactions smoothly and no problems. When the bitcoin is used, would have many problems arise.
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January 31, 2017, 10:54:42 AM
 #1020

not at all .usd is more popular than bitcoins .it is becoming more and more popular .as the price of bitcoins would increase day by  day it is becoming more and more popular but it would never go higher than usd.
but although bitcoin will become more famous in the future. it will not make bitcoin replace fiat fiat or even make disappear, the dollar will continue higher and popular than bitcoin
Yes I agree, fiat money is always used and is not replaceable. We all know that the State must guarantee and economic transactions smoothly and no problems. When the bitcoin is used, would have many problems arise.
that's why bitcoin should only be implemented into government to something which really fit well to bitcoin so there's no problem going to arise. though beating fiat money is like you're beating a damn tons of bankers out there, it's just too dreamy, be realistic and everything will be fine.

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