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Author Topic: USD vs BTC  (Read 121106 times)
InsideBjorn
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June 07, 2016, 07:41:30 AM
 #201

us dollar versus the bitcoin who would win. I think that the bitcoin cant do anything to the us dollar because a bitcoin exist out of us dollars or you can say gold. But there will always some people who actually think that bitcoins will be bigger then us dollars XD
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June 07, 2016, 08:08:46 AM
 #202

the us dollar vs the bitcoin what do you think witch one will always be the best. That is not a quiet difficult to answer because we all know that gold will always be number one for all of us.
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June 07, 2016, 09:26:25 AM
 #203

as a fens,I chose btc
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June 07, 2016, 09:33:15 AM
 #204

as a fens,I chose btc

For me, you don't have to choose any of them. Why not choose both of them and use them wisely.
For fiat you can use dollar and for crypto you can bitcoin.
It will just depend on how you are going to use both of them and no need to sacrifice any of them.

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June 07, 2016, 12:16:42 PM
 #205

The US dollar is still more dominant when it comes to trading anything.  Because it controls almost all the exchanges by using it as a base.  If the crude oil value will be based on bitcoin then, that is the time that it will become the most dominant currency.

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June 07, 2016, 03:04:36 PM
 #206

You cannot compare centralized and decentralized currencies together. USD cannot be compared with BTC .
I think BTC is very popular but it is not fair to compare with USD, because it being centralized.

If something shares some properties with something else, these somethings can always be compared in some fair way
Bitcoin will be now more used as a payment method and that is really nice because some people likes also to earn some money with Bitcoin so that is nice.
But of course you dont know what is going to happen in the future later but it will be nice if the value will be higher.
i dont think us dollar will ever beaten by the bitcoin and that is only because of the many users the us dollar got. Not that bitcoin does not have allot of users but i know for sure that people always pick gold instead of bitcoins because gold is allot more worth then the coin. everything is for sell for enough gold
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June 07, 2016, 06:14:00 PM
 #207

is bitcoin more popular than US Dollar ?

In my opinion, yes, because bitcoin is way better than USD. You can use it virtually, it is irreversible, and it has a limited amount of bitcoins that can ever exist in the world. As opposed to the fiat currencies.

USD doesn't retain in value over time, but BTC does.
I think the question is not what is better and what is less better. We all know that dollar is less effective that BTC but at the same time due to it being running since long time, is popular much more than BTC. But people will sustain with the effective one for sure.
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June 08, 2016, 04:35:19 AM
 #208

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

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June 08, 2016, 04:47:47 AM
 #209

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.

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June 08, 2016, 05:04:54 AM
 #210

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.

But for Americans they think that their currency is going down. That is how strong it is. On our side we think that they are strong but it is the contrary on what they think.

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June 08, 2016, 05:12:04 AM
 #211

Many international experts believe that the dollar's dominance will not last forever. Director General Coinbase Brian Armstrong believes that Bitcoin will be able to surpass the dollar and become a global reserve currency in 10-15 years.
Those who foresaw the end of the dominance of the dollar in the near future, consider that there are reasonable grounds for such assertions. The reasons for this conclusion are factors such as "quantitative easing", which creates too much liquidity and reduce its cost, lack of demand outside the United States, where more than half the world's dollar reserves, bilateral trade agreements, the number of which is growing rapidly and moving goods and services in dollar detour to avoid its impact on trade.

To date, there is no such universal currency that could replace the dollar, so until then, until a stable solution is not found, a temporary replacement can be a "basket of currencies". After more than seventy years of unlimited economic power only a few days remain dollar. Therefore, many have already started to look for Bitcoin.
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June 10, 2016, 01:09:35 AM
 #212

I think no.USD is still over to bitcoin in terms of popularity.USD is the basis of almost all currencies around the world and  its been managed by governments.Although bitcoin have many subscribers and users usd is still more popular than bitcoin.Bitcoin industry is still depending on usd currency.

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June 10, 2016, 07:54:04 AM
 #213

Many international experts believe that the dollar's dominance will not last forever. Director General Coinbase Brian Armstrong believes that Bitcoin will be able to surpass the dollar and become a global reserve currency in 10-15 years.
Those who foresaw the end of the dominance of the dollar in the near future, consider that there are reasonable grounds for such assertions. The reasons for this conclusion are factors such as "quantitative easing", which creates too much liquidity and reduce its cost, lack of demand outside the United States, where more than half the world's dollar reserves, bilateral trade agreements, the number of which is growing rapidly and moving goods and services in dollar detour to avoid its impact on trade.

To date, there is no such universal currency that could replace the dollar, so until then, until a stable solution is not found, a temporary replacement can be a "basket of currencies". After more than seventy years of unlimited economic power only a few days remain dollar. Therefore, many have already started to look for Bitcoin.


I can agree with that for now, because we have to mine bitcoins to the value of trillions of dollars before it could dominate the tradings worth multi-million dollars per package. 

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June 10, 2016, 09:46:22 AM
 #214

I think no.USD is still over to bitcoin in terms of popularity.USD is the basis of almost all currencies around the world and  its been managed by governments.Although bitcoin have many subscribers and users usd is still more popular than bitcoin.Bitcoin industry is still depending on usd currency.
USD is still better than the bitcoin, because if calculated, the USD more than the bitcoin, and not everyone knows about bitcoin. but in terms of multiplying, I prefer bitcoin, because it is easier


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June 10, 2016, 04:50:49 PM
 #215

is bitcoin more popular than US Dollar ?
No,bitcoin might will never more popular than US dollar,people on market and on street will moreknow about US dollar than bitcoin,and its happen now and later. as i said before,bitcoin will just exist as one of many currency,not the main currency.
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June 12, 2016, 04:14:31 PM
 #216

is bitcoin more popular than US Dollar ?

No, of course it's not. While there's 500k-1mn Bitcoin users worldwide, the US dollar is used as the standard unit of currency in international markets.
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June 15, 2016, 02:48:23 PM
 #217

I think no.USD is still over to bitcoin in terms of popularity.USD is the basis of almost all currencies around the world and  its been managed by governments.Although bitcoin have many subscribers and users usd is still more popular than bitcoin.Bitcoin industry is still depending on usd currency.
USD is still better than the bitcoin, because if calculated, the USD more than the bitcoin, and not everyone knows about bitcoin. but in terms of multiplying, I prefer bitcoin, because it is easier
USD is still more used and popular but of course it will be really hard to know what will happen later in the future with Bitcoin but it is becoming more popular indeed.
But it wont take over the USD because there are still many people that dont even know what Bitcoin is and that is the problem.
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June 15, 2016, 02:52:52 PM
 #218

I think no.USD is still over to bitcoin in terms of popularity.USD is the basis of almost all currencies around the world and  its been managed by governments.Although bitcoin have many subscribers and users usd is still more popular than bitcoin.Bitcoin industry is still depending on usd currency.
USD is still better than the bitcoin, because if calculated, the USD more than the bitcoin, and not everyone knows about bitcoin. but in terms of multiplying, I prefer bitcoin, because it is easier
USD is still more used and popular but of course it will be really hard to know what will happen later in the future with Bitcoin but it is becoming more popular indeed.
But it wont take over the USD because there are still many people that dont even know what Bitcoin is and that is the problem.

That's true the awareness level of people is too low when it comes to bitcoin as bitcoin is not popular yet and it will take some more time to reach to each and every individual.
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June 15, 2016, 08:56:09 PM
 #219

right now, I believe that bitcoin is too small to be compared with US dollar. who in this planet earth does not know the USD ? while bitcoin users are just minority in this world
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June 16, 2016, 06:17:55 AM
 #220

right now, I believe that bitcoin is too small to be compared with US dollar. who in this planet earth does not know the USD ? while bitcoin users are just minority in this world

Too much exposed in bitcoin made some people think it is the world only currency. They forgot to go back in the real world hence, they stay in their own created world where bitcoin is their currency there.

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