Axoz
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November 28, 2016, 06:44:33 AM |
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I think the dollar as more popular than the bitcoin. because many countries that use the dollar as a means to an economic milestone. however today bitcoin already widely known by the public
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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arseaboy
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November 28, 2016, 07:44:28 AM |
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I think the dollar as more popular than the bitcoin. because many countries that use the dollar as a means to an economic milestone. however today bitcoin already widely known by the public
Bitcoin is not yet fully introduce in some parts of the globe. Though users are getting bigger each day.. and hopefully soon most of us will be able to adopt and use bitcions as a legal currency. But it will not be replacing dollars in the future because bitcoins only relies in dlooar value. |
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carlerha
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November 28, 2016, 08:09:53 AM |
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is bitcoin more popular than US Dollar ?
Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life. yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc. I think both of them have in common bitcoin and the dollar is accepted in many countries, but that is to be special for bitcoin bitcoin compared to the dollar is not controlled by anyone and you're free to do anything with bitcoin i think the only common in bitcoin is that both are currencies, and can be use for trading and shopping, otherwise bitcoin is online crypto curency while bitcoin is fiat currency, USD is one of the most popular fiat currency, while bitcoin is one of the most popular crypto currency of the world, USD is regional and centralize currency while bitcoin is a decentralize currency having same vale everywhere. |
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gabmen
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November 28, 2016, 11:31:06 AM |
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I think the dollar as more popular than the bitcoin. because many countries that use the dollar as a means to an economic milestone. however today bitcoin already widely known by the public
Bitcoin is not yet fully introduce in some parts of the globe. Though users are getting bigger each day.. and hopefully soon most of us will be able to adopt and use bitcions as a legal currency. But it will not be replacing dollars in the future because bitcoins only relies in dlooar value. Also, you are comparing real money here vs. Digital currency. The dollar is mostly where fiat currency is based on and aside from the facts that you've stated that bitcoin is still not known worldwide, it's a currency that depends on online connection, which is scarce to say the least, in other parts of the world. |
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Palodar
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November 28, 2016, 11:34:18 AM |
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is bitcoin more popular than US Dollar ?
I dont think so. Btc is still not yet popular in our country not even 50% of the population. Some users were only beginner. So it is impossible that it is popular than USD. |
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Positid
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BULL RUN until 2030
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November 28, 2016, 12:14:17 PM |
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is bitcoin more popular than US Dollar ?
I dont think so. Btc is still not yet popular in our country not even 50% of the population. Some users were only beginner. So it is impossible that it is popular than USD. That supposedly not being ask, we know bitcoin is not that popular since base on estimate, the users are just approximate to 1% only which is a small volume of our total population. |
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danherbias07
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November 28, 2016, 01:11:27 PM |
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is bitcoin more popular than US Dollar ?
I dont think so. Btc is still not yet popular in our country not even 50% of the population. Some users were only beginner. So it is impossible that it is popular than USD. Very true. USD have made its foundation to be known in the world either is is from bad thing or good. The US government made it sure that their currency will be used worldwide. Now, it cannot be easily taken off because many trusted it. |
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tee-rex
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November 28, 2016, 06:26:08 PM |
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Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately.
These are few and far in between. Regarding people losing trust in the US dollar, I think many other fiat currencies would first have to lose this trust in them, and the dollar will be the last to fall. But even without the dollar going belly up, other currencies may contribute greatly to Bitcoin popularity. I mean when they all start crashing down, and it will the American dollar against which they will be losing. I disagree a little bit with this obviously some currencies are going to fail before the dollar but I think the dollar is going to fail eventually, it does not need to happen tomorrow but it will happen at some point in the future probably in some decades, and when that happens all the currencies are going to fail as well. I see no viable reason why other currencies should necessarily fail as well if the dollar is going to kick the bucket. All major currencies are not tied to it in a way that would make such conclusion meaningful. Why Euro or Swiss franc should fail if the dollar dies? In my view, they will only get stronger due to the dollar demise. Euro will be the first to take the place of the dollar as the main world reserve currency once this place becomes vacant. |
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error08
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November 28, 2016, 06:37:17 PM |
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Everyone who has a Bitcoin looks forward to its growth. If the dollar is unstable, the people are more interested in Bitcoin. This can trigger the growth of prices for cryptocurrency
Bitcoin is really fast growing and dollars are getting strong too but people are more intertested using bitcoin because of it's benifit we can trade our bitcoin into another currency or altcoins to grow our bitcoin. For now USD seems more popular than any other currency including bitcoin. Yes, people want to look bitcoin get much bigger and better than now that could compete with anothers currencies to take place as famous digital currency which used in everywhere, at least we need 5 years to see that happens, but I think USD could still more popular currency. |
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socks435
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November 28, 2016, 06:40:20 PM |
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Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately.
These are few and far in between. Regarding people losing trust in the US dollar, I think many other fiat currencies would first have to lose this trust in them, and the dollar will be the last to fall. But even without the dollar going belly up, other currencies may contribute greatly to Bitcoin popularity. I mean when they all start crashing down, and it will the American dollar against which they will be losing. I disagree a little bit with this obviously some currencies are going to fail before the dollar but I think the dollar is going to fail eventually, it does not need to happen tomorrow but it will happen at some point in the future probably in some decades, and when that happens all the currencies are going to fail as well. I see no viable reason why other currencies should necessarily fail as well if the dollar is going to kick the bucket. All major currencies are not tied to it in a way that would make such conclusion meaningful. Why Euro or Swiss franc should fail if the dollar dies? In my view, they will only get stronger due to the dollar demise. Euro will be the first to take the place of the dollar as the main world reserve currency once this place becomes vacant. Yeah i do not see any reason this is just like in crypto world that if there is some altcoin is going to die and gone soon the other are not affected.. because there is still a value and i think it is stil ldepends in demand and supply so it could be also in fiat.. so if dollar can be gone the other currency will not affect and only the rankings are changing. . |
Solving blocks can't be solved without my rigs.
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salmanahmedone
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November 28, 2016, 06:46:19 PM |
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is bitcoin more popular than US Dollar ?
Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life. yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc. yep. that's what i love about bitcoins it's more applicable all over the world than other currency because in us dollar you're gonna need to change it first on money changer before you could use it if you're not living in united states. and i heard that there's a company that accepting bitcoins as their method in their transactions that's why i preferred bitcoins than us dollar  Well, there are countries where you can use dollars in daily life and in a lot of countries with important tourism you can use dollars in the tourist zone without any problems. That's because dollar is popular and most countries accept dollars, in our country dollar has a good value versus our currency and when I earn here it has a good conversion. Presently, USD has more fans than bitcoin. Because everybody is well aware of the value of US dollar. But in future, bitcoin will over take USD dollars. |
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Hazir
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November 28, 2016, 07:03:37 PM |
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Presently, USD has more fans than bitcoin. Because everybody is well aware of the value of US dollar. But in future, bitcoin will over take USD dollars.
I doubt that you can talk in this category - I like US dollar therefore I use it. People are using USD not because they are fond of it. but because it is a necessity for them, they have no choice. You can either use strong FIAT backed by one of the superpowers and hope that it will stay strong or pick lesser FIAT with worse qualities, so there is not much of a choice there, is it? |
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OrangeII
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November 28, 2016, 07:10:49 PM |
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I really believe that today people tend to prefer usd from the BTC. Well, there are still very many people who do not know how to use bitcoin, even still so many people today do not know what it bitcoin. however, the longer, bitcoin certainly will be more famous, but I feel that bitcoin will only be the choice of people when they are running a business on the internet
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jaysabi
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November 28, 2016, 08:54:59 PM |
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Whether USD, bitcoin, gold, or any other currency or commodity, the thing that gives it value is the confidence that it will be considered valuable by many other people. In this respect, whether you use the USD or bitcoin, the value merely comes down to a confidence game. The USD has value because so many people believe that it does. Similarly, bitcoins have value because there are enough people who believe that they are valuable for them to retain that value. If something catastrophic were to happen to either the USD or btc to cause large numbers of people to lose confidence that those instruments would be considered valuable in the future by large numbers of people, you would see the value of them decline. It all comes back to confidence.
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tee-rex
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November 29, 2016, 07:38:57 AM |
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Whether USD, bitcoin, gold, or any other currency or commodity, the thing that gives it value is the confidence that it will be considered valuable by many other people. In this respect, whether you use the USD or bitcoin, the value merely comes down to a confidence game. The USD has value because so many people believe that it does. Similarly, bitcoins have value because there are enough people who believe that they are valuable for them to retain that value. If something catastrophic were to happen to either the USD or btc to cause large numbers of people to lose confidence that those instruments would be considered valuable in the future by large numbers of people, you would see the value of them decline. It all comes back to confidence.
Gold has intrinsic value just like any other commodity that can be used directly, so these are out of your "confidence game". With dollars you pay taxes, and as long as the government can make you feel the pain in the ass for not paying them, it is also not about trust. It looks like only Bitcoin has nothing behind it but trust alone. |
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GregH37
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November 29, 2016, 12:52:54 PM |
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is bitcoin more popular than US Dollar ?
Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life. yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc. The popularity of bitcoin is really increasing regularly, and in very rapid pace too as people are getting more and more confidence on bitcoin that is why they are investing their assets more and more into bitcoin and making bitcoin more stronger. I read the the trend is just reciprocal with respect to fiats. |
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MWesterweele
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November 29, 2016, 01:08:00 PM |
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I think its a big no.Because usd are the basis of all fiat currency around the world.But on the other site although bitcoin have many subscribers online bitcoins cant still dominate usd currency online.Because bitcoins is still depening on usd and bitcoin is just a commodities for me because it is just based on supply and demand daily
Yap USD will always the one the will dominate all currencies not just the fiat currency in the world are depending on USD. And as well as the crypto currencies they are also depending with bitcoin. Especially bitcoin, it is basing on the price of USD. True USA is one of the most powerful money in this world we cannot say that bitcoin will be dead and replace by BTC because bitcoin is depending on dollars and even there are lots of bitcoin users who using bitcoin nowadays there are still no reason to compare bitcoin to usd. |
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delliaerd
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November 29, 2016, 01:48:28 PM |
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I really believe that today people tend to prefer usd from the BTC. Well, there are still very many people who do not know how to use bitcoin, even still so many people today do not know what it bitcoin. however, the longer, bitcoin certainly will be more famous, but I feel that bitcoin will only be the choice of people when they are running a business on the internet
Yeah, usd is still become the most wanted currency. Its becouse usd was being international currency so usd is the strongest currency. But usd is just the same as another fiat that have inflation. The global reserve currency was have decrease its value until 5%. Its make some people get saturated of using usd. So some of the looking for alternatif to safe their wealth in bitcoin. I think paper money have no future. |
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mastica
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November 29, 2016, 02:26:04 PM |
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The paper money should stand atleast for more 25 years, then can and should upgrade to digital, but fiat as currencie will always be the most supported, and dollar is the king of fiat currency, there is no way to change it, neither bitcoin has such potencial to take its place. Bitcoin should grow over the next years and become an asset where people will trust their money, the same way they do with gold.
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antonioa
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November 29, 2016, 06:15:51 PM |
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The paper money should stand atleast for more 25 years, then can and should upgrade to digital, but fiat as currencie will always be the most supported, and dollar is the king of fiat currency, there is no way to change it, neither bitcoin has such potencial to take its place. Bitcoin should grow over the next years and become an asset where people will trust their money, the same way they do with gold.
Yes, the dollar is the most popular currency in the world. A Bitcoin will always be an alternative currency. We must learn to work with these two currencies. There is no need to oppose them |
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