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Author Topic: USD vs BTC  (Read 120530 times)
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May 01, 2016, 01:56:10 PM
 #21

Once more people figure out what Bitcoin is and why people should use it over USD, you will see the tables being turned quickly. Bitcoin can become more popular, if people really know what the difference is.

Bitcoin {the token} is just that.. a token or a representation of it's currency value... but it is much more than that.... You can use the Blockchain for so much more... and this is where Bitcoin trumps the USD.

Did I really say, Trump? .... In any way... pun was intended.  Roll Eyes ...Given the freedom to do that, Bitcoin will become more popular than the Dollar, but for now... The Dollar is more popular. {Just remember it

has been around much longer}  

Signature space for Hire :->
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May 01, 2016, 02:00:21 PM
 #22

USD is going to take a huge hit in the near future. (like 6 months)

Right now anything is a better investment than USD, that includes; Gold, Btc, Euro, Petrol and everything.
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May 01, 2016, 02:12:29 PM
 #23

USD is going to take a huge hit in the near future. (like 6 months)

Right now anything is a better investment than USD, that includes; Gold, Btc, Euro, Petrol and everything.

I agree because usd is very strong curriency and origanated on strong country were all people knows about usd and  you can use it anywhere in globe you can easily use it to buy goods and  GAdgets in physical store or in online store. While bitcoin is not known of all people and adoption to online store is lackiNg for bitcoin for now.

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May 01, 2016, 02:17:04 PM
 #24

USD remains a force. if USD compete with bitcoin, the USD remains in first place. USD is the benchmark of all currencies that exist today.

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May 01, 2016, 02:25:56 PM
 #25

Bitcoin has a market capitalization of 7 billion.

If you use Google, you can see that in contrast there are 1.45 trillion US dollars in circulation.

well one is limited by its limited usage still pretty young, the other is an ancient relic which is still being printed like no tomorrow

it's about inflation vs deflation, even so the last year there was no a big inflation for the usd
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May 01, 2016, 02:27:47 PM
 #26

I actually prefer the BTC because now 1 BTC = $ 450 +
but today very few stores that accept BTC, so I prefer the USD than on BTC

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May 01, 2016, 02:31:11 PM
 #27

Bitcoin has a market capitalization of 7 billion.

If you use Google, you can see that in contrast there are 1.45 trillion US dollars in circulation.

well one is limited by its limited usage still pretty young, the other is an ancient relic which is still being printed like no tomorrow

it's about inflation vs deflation, even so the last year there was no a big inflation for the usd
Every year USD got an inflation. US debt is the biggest in the world. That makes inflation rise up.

USD is still the world primary currency. Almost everything is counted in USD.

Bitcoin is still new. It will take time for them to be used by everyone in the world.
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May 01, 2016, 02:35:53 PM
 #28

I think the answer to that question if Bitcoin is more popular than the dollar is subjective because for some people Bitcoin is a way better alternative than local currency if they are just shopping stuff online while the dollar is more convenient if they do predominantly cash purchases. Bitcoin can substitute successfully debit and credit cards. So I think it depends on the occasion.

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May 01, 2016, 02:44:27 PM
 #29

is bitcoin more popular than US Dollar ?

KingdomHearts? Why would someone ask that? It's so obvious.

Look at this link just to visualise bitcoin and fiat currency

http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/
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May 01, 2016, 03:04:37 PM
 #30

is bitcoin more popular than US Dollar ?
people in the world majority still use dollar than bitcoin currently even though popularity of bitcoin has increase day by day but still less popular than dollar but might be if you asking these questions for next 10 years it is possible bitcoin more popular than US dollar
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May 01, 2016, 03:13:55 PM
 #31

not sure if trolling...


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May 01, 2016, 03:16:43 PM
 #32

is bitcoin more popular than US Dollar ?

No, US Dollar is more popular than bitcoin. But someday bitcoin can stand same as US Dollar, especially when the price of bitcoin going so high and makes more people using bitcoin.
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May 01, 2016, 03:23:55 PM
 #33

By far, this is probably one of the (I don't want to be rude, but I can't think of any other word) 'uneducated' question I have seen that's made in this section. If you go out and ask a random person about this question, let's say 10 people, the chance of them saying that they know bitcoin would be 0.5/10. Out of class in college, only 2 of us out of 30 knows about bitcoin.

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May 01, 2016, 03:27:08 PM
 #34

is bitcoin more popular than US Dollar ?
Obviously no, Dollar is more popular than bitcoin what makes bitcoin popular is its price is, 1 btc when converted to dollar it cost $450+



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streazight
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May 01, 2016, 03:43:36 PM
 #35

Right now sadly US dollar is more popular
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May 01, 2016, 03:45:15 PM
 #36

The us dollar is backed by gold and oil.
What is BTC backed by? Whales and speculation.
You decide with one are the more reliable sources.

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delliaerd
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May 01, 2016, 04:03:52 PM
 #37

Not yet dude. For nowadays dollars still won in popularity aspect. Because so many people use dollars in their real life or for online uses. I think bitcoin will take very long time to compared with dollars in popularity asaspect. But if bitcoin was socialized continuously it will soon possible.

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May 01, 2016, 04:12:34 PM
 #38

is bitcoin more popular than US Dollar ?
No obviously not. US is the most popular currency for the fact, everyone knows it most of the people use it. This is because it's a currency of a financially huge country, while bitcoin is not more than a 'online' currency.
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May 01, 2016, 06:08:19 PM
 #39

is bitcoin more popular than US Dollar ?
No obviously not. US is the most popular currency for the fact, everyone knows it most of the people use it. This is because it's a currency of a financially huge country, while bitcoin is not more than a 'online' currency.

Yes nowadays of course USD is popular a lot more than Bitcoin, but we can't guarantee that this will be the case for the future. Before some centuries other currencies were used more than USD, so Bitcoin could be the most popular worldwide if Bitcoin conquer the world as expected.
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May 01, 2016, 06:32:03 PM
 #40

USD is the king of every asset, Bitcoin is the king of digital currency.
I think USD is more popular.
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