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Author Topic: USD vs BTC  (Read 121103 times)
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June 11, 2017, 01:55:01 PM
 #1501

USD is more popular now and bitcoin still needs a lot of time for not so advanced in technology person to start to understand and use bitcoin. If you take a look around we can observe this, but I think that in next 2-3 years people in majority will understand this technology.
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June 12, 2017, 02:53:08 PM
 #1502

USD is more popular now and bitcoin still needs a lot of time for not so advanced in technology person to start to understand and use bitcoin. If you take a look around we can observe this, but I think that in next 2-3 years people in majority will understand this technology.

Well i don't think its nit that difficult.to understand how btc works. It's just that its not yet time that people see bitcoin as something that can replace the dollar. It's now mostly seen as a formnof investment to earn money amd for holding. In a few years it may develop into something more than that in people's minds, but not to challenge dollar supremacy

 
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June 12, 2017, 06:56:37 PM
 #1503

Usd is more popular than Bitcoin without any doubt as usd has been around for centuries but Bitcoin has been around for seven or so years. Usd is regarded as world currency and it has way more acceptable than Bitcoin. Usd is also more stable than Bitcoin which makes it better.
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June 12, 2017, 07:07:17 PM
 #1504

Nope,bitcoin is not popular than usd because of the fact that usd still dominates the world and bitcoin is still growing,plus the transaction fees that is increased drastically is also why some people are considering bitcoin unworthy without even considering its value as a major plus point,so wait for bitcoin to be properly introduced and accepted to all countries and then talk about which is better,usd or btc.


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June 20, 2017, 06:53:45 AM
 #1505

is bitcoin more popular than US Dollar ?

Both of them are popular, but in terms of being use, Dollar is still prevail than Bitcoin, but in terms of trading in the exchange market of crypto currency industry bitcoin is much more popular than Dollar.
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June 20, 2017, 07:04:01 AM
 #1506

is bitcoin more popular than US Dollar ?
For now bitcoin is not as popular as United States of American dollars (USD). The fiat call dollars has been existing for a decade and is the major world currencies, most of the international transactions and contract are being values in USD. Bitcoin is just and infant when it comes to popularity .
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June 20, 2017, 09:25:07 AM
 #1507

is bitcoin more popular than US Dollar ?
For now bitcoin is not as popular as United States of American dollars (USD). The fiat call dollars has been existing for a decade and is the major world currencies, most of the international transactions and contract are being values in USD. Bitcoin is just and infant when it comes to popularity .
Yeah I agree but in the first place both are good and should not be compared, USD will dominate the financial world or the world which is
govern by the government but bitcoin is the leading currency in the crypto world where decentralization is being endorse.

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June 20, 2017, 12:44:49 PM
 #1508

Every countries knows dollar and USD is the basis of economic growth of one country specially in third world country. It exist since the money created and comparing to bitcoin it's popularity my answer is no. It because there are many countries didn't know bitcoin.
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June 20, 2017, 02:37:57 PM
 #1509

Every countries knows dollar and USD is the basis of economic growth of one country specially in third world country. It exist since the money created and comparing to bitcoin it's popularity my answer is no. It because there are many countries didn't know bitcoin.
It is normal if the other countries or most of the countries doesn't know bitcoin because it is common for a new currency since it is just starting to build itself towards the internet and the market so if bitcoin will completely makes something true like if it is already built its reputation and itself then that is the only thing where countries will start to take actions to get into bitcoin.
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June 20, 2017, 03:47:22 PM
 #1510

Every countries knows dollar and USD is the basis of economic growth of one country specially in third world country. It exist since the money created and comparing to bitcoin it's popularity my answer is no. It because there are many countries didn't know bitcoin.

Well i have to agree. Btc may be growing in popularity and demand nowadays but its still very far from the status of the dollar as the main currrency in the market. Bitcoin still has a long way to go and probably will still expeeience many changes along the way before it can compete with the dollar and fiat in general

 
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June 20, 2017, 11:52:26 PM
 #1511

dollar will keep its popularity over btc for many years, but maybe will see it someday at btc'knees

It is popular, even bitcoin has a high price, dollar still is at top. Without dollar, bitcoin will have no value, the price of bitcoin has price, and it's price is on dollar and other fiats. There is no way dollar will be on bitcoin knees, because even a lot of century will pass, bitcoin will never have a knee  Roll Eyes

There's no reason to say that without the USD Bitcoin wouldn't have any value. Things have value regardless of how many currencies there are in what world. If the USD didn't exist, there would be another medium of exchange used in the United States, and the price of Bitcoin could be known in that medium. It may be true that Bitcoin would have reduced value, but that's another question entirely since it's the excess wealth allowed by our current stable financial system that creates the excess to drive up the value of speculative assets like Bitcoin. Bitcoin has a remarkably low utility outside of gambling like that

Well, I remember you were saying quite the opposite not so long ago

That Bitcoin without the US dollar is not long for this world either and will quickly kick the bucket. So what made you change your mind? Though you seem to have pinpointed the main cause for excessive speculation (which is what currently gives Bitcoin value, not the US dollar itself, of course), i.e. the excessive (unused) wealth, which has no real-life application and which thus gets poured into speculative assets (like Bitcoin)

There's some nuance in what I'm saying. As theory, the fact that the USD goes to zero would not mean Bitcoin would go to zero just because its denominated in dollars. This is true because there are other currencies to value an asset in. As a practical matter, I do believe that the failure of the US dollar would render Bitcoin much less valuable (not necessarily valueless). I still believe that it is the excess wealth created by a stable world economy (possible because of the stability of the USD) that gives speculative assets the bulk of their value. I think these ideas are consistent with what I've usually said on these boards. If not, I owe it to an evolution of ideas as I read more perspectives, or poorly communicated previous posts.

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June 21, 2017, 12:40:04 AM
 #1512

If bitcoins is more popular than usd why are we sitting here with bitcoins not being legalize in all country and not being accepted in all malls as mode of payment.

 
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June 21, 2017, 12:49:54 AM
 #1513

If bitcoins is more popular than usd why are we sitting here with bitcoins not being legalize in all country and not being accepted in all malls as mode of payment.
What would you do if you do not want here if bitcoin will be more popular? But usd remains its value because usd is based on the economy of each country. Bitcoin is based on the block market and these to has on the different world of currency and i think no such thing to compare this two currency.
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June 21, 2017, 01:25:37 AM
 #1514

is bitcoin more popular than US Dollar ?

I guess not and absolutely not. US dollar is more popular than bitcoin even now that it is increasing its value. Bitcoin does not have enough users to compare to US dollars. Let us go to up hill or mountain sides and make some surveys and ask some questions about dollar for sure they can answer it and they knew it but when you ask them.about what is bitcoin surely you can have a poker face Cheesy even some of people in city does not know about bitcoin so better therefore Us dollars is not yet beaten by bitcoin inspite of its good value. Anyway it does not need to compare this two.
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June 21, 2017, 01:38:17 AM
 #1515

is bitcoin more popular than US Dollar ?

I guess not and absolutely not. US dollar is more popular than bitcoin even now that it is increasing its value. Bitcoin does not have enough users to compare to US dollars. Let us go to up hill or mountain sides and make some surveys and ask some questions about dollar for sure they can answer it and they knew it but when you ask them.about what is bitcoin surely you can have a poker face Cheesy even some of people in city does not know about bitcoin so better therefore Us dollars is not yet beaten by bitcoin inspite of its good value. Anyway it does not need to compare this two.

Yes even if the price of Bitcoin continue to rise, Us dollar is more popular in the world because the clear advantages of gold over bitcoin are trust and reliability, according to those surveyed for this article. However, a change in consumer preferences, new technological disruption or a crackdown by a government could easily kick bitcoin to the end of the bench.

"Gold has something very important that bitcoin lacks: a more than 1,000-year history of being a decent store of value. This is very important for trust and people's willingness to store value in that particular asset
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June 21, 2017, 02:24:18 AM
 #1516

USD is still more popular than Bitcoin. USD is recognized by all countries and consider it in all transactions and markets. Unlike bitcoin, it is only introduced or known to few people yet and some country did not even allow and consider bitcoin. Also bitcoin is only used online and have no physical appearance thats why it is hard to be exposed.
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June 21, 2017, 05:21:13 AM
 #1517

USD is still more popular than Bitcoin. USD is recognized by all countries and consider it in all transactions and markets. Unlike bitcoin, it is only introduced or known to few people yet and some country did not even allow and consider bitcoin. Also bitcoin is only used online and have no physical appearance thats why it is hard to be exposed.
Bitcoin/USD is the most popular pair in trading because USD is widely use and they should stay together to see
them grow together. USD is created before bitcoin and USD can still be here even without bitcoin, let's be realistic people, we cannot compare.

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July 02, 2017, 02:41:20 PM
 #1518

For yes bitcoin is more familiar than USD in terms of investment and trading bitcoin is more popular than USD. Bitcoin today is more familiar currency today in all over the world because of an internet access and many investors invest and people wants invest in bitcoin and earn profit. They know that they have a future in bitcoin and this the reason why they investing in bitcoin. Bitcoin has a future and you can earn a good profit. The bitcoin is succeed and still currency in the future. Bitcoin is still popular currency and it increases the value that's why this is more popular than USD.
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July 02, 2017, 03:08:47 PM
 #1519

For yes bitcoin is more familiar than USD in terms of investment and trading bitcoin is more popular than USD. Bitcoin today is more familiar currency today in all over the world because of an internet access and many investors invest and people wants invest in bitcoin and earn profit. They know that they have a future in bitcoin and this the reason why they investing in bitcoin. Bitcoin has a future and you can earn a good profit. The bitcoin is succeed and still currency in the future. Bitcoin is still popular currency and it increases the value that's why this is more popular than USD.
So that there who did not say I use very well today and the dollar in Bitcoin according to their parameters when one replaces another. Only in this case I can use this and other currencies well. That I like it suits me.

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July 04, 2017, 11:59:53 PM
 #1520

For yes bitcoin is more familiar than USD in terms of investment and trading bitcoin is more popular than USD. Bitcoin today is more familiar currency today in all over the world because of an internet access and many investors invest and people wants invest in bitcoin and earn profit. They know that they have a future in bitcoin and this the reason why they investing in bitcoin. Bitcoin has a future and you can earn a good profit. The bitcoin is succeed and still currency in the future. Bitcoin is still popular currency and it increases the value that's why this is more popular than USD.
So that there who did not say I use very well today and the dollar in Bitcoin according to their parameters when one replaces another. Only in this case I can use this and other currencies well. That I like it suits me.
Both are popular, bitcoin just recently gets popular since it has increased its price significantly, hence it gives the investors a good return for their money. You cannot hold your dollar because the value will surely depreciate due to inflation but when it comes to spending USD is more convenience.

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