Mayuyu48
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June 18, 2016, 05:01:45 AM |
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It's not just about the value of the currency that determines the popularity. Popularity is based on ease of using and globally accepted currencies. USD beats most of the currencies at that, let alone bitcoin.
Bitcoin is valuable, but it's definitely not close to as popular as the USD.
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JessicaSe
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June 18, 2016, 05:15:25 AM |
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Not even close. We on this forum are familiar with bitcoin but the vast majority of the world and even America don't know what it is. Most people in the world know what the US dollar is (and of course everyone in America knows what the US dollar is).
Time is changing mate, and it will change in future too when people will start knowing about bitcoin they will start investing their money into bitcoin for sure. That's right because we are in the modern technology era and as the time goes by with the generation today. People tend to look for the things that give them convenience at most. And that's for sure with bitcoin. People who holds bitcoin will surely prefer to use bitcoin at a moment, as they are aware about the potential of bitcoin and they will continue to invest in it.
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JarBinks
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June 18, 2016, 05:22:43 AM |
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I live in a major city and I always look for and ask if the places I spend my USD accept BTC, I have yet to use BTC once in the real world.
Until people can use BTC for everyday transactions the adoption will be limited to people like us. Which is kinda ok for me but I do like the general idea behind BTC and someday, not soon, but someday it may replace USD. I think it has much better chance in places/countries where the idea of money a little less standardized and fixed, like where bartering is prevalent.
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fravia
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June 19, 2016, 12:25:27 AM |
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is bitcoin more popular than US Dollar ?
Bitcoin is definitely not nearly as popular as the USD, as currently there are 1.45 trillion dollars around, and only 7billion bitcoins, so to answer your question, no as google will also tell you This is also noticeable because many main retailers and vendors do not consider or plan to use bitcoins, and if bitcoins were more popular than the USD don't you think we'd be seeing bitcoins everywhere and the USD as an external currency where you have to make new online wallets, no physical money, ect
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WaffleMaster
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June 19, 2016, 12:46:47 AM |
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They go hand in hand right now obviously but I feel that the functionality of Bitcoin is obviously far superior to USD for the facts of low fees, pseudo anonymous, very secure now. The only real problem I've had personally is from all the increased volume from the pre-halving rally is that the first confirmations on a transaction can sometimes take several hours. With USD transferring it's often days so really it's not a big deal but don't expect to be quick and snappy until something about the block size gets done.
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JarBinks
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June 19, 2016, 02:30:18 AM |
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We need to give BTC time to mature and for people to get use to it. When the US centralized dollar was first introduced, in the late 1700's??, it took a while for it to become the defacto standard across the nation. Now granted things are a little faster in the world today but BTC still needs to live a while longer to allow people the opportunity to adjust to it.
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noormcs5
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June 19, 2016, 08:25:24 AM |
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We need to give BTC time to mature and for people to get use to it. When the US centralized dollar was first introduced, in the late 1700's??, it took a while for it to become the defacto standard across the nation. Now granted things are a little faster in the world today but BTC still needs to live a while longer to allow people the opportunity to adjust to it.
As you can see USD is from 1700 and Bitcoins was introduced just 8 to 9 years ago. It will take time for full adoption of BTC by all people but the progress done by Bitcoins in just 8 to 9 years is just remarkable.
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Vaccinus
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June 19, 2016, 09:24:10 AM |
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i think usd will fall one day and replaced by something else, maybe not bitcoin but somethign else centralized, if the average user will use bitcoin more, then we might see an overcome on current fiat from bitcoin
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dezoel
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June 19, 2016, 09:29:57 AM |
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i think usd will fall one day and replaced by something else, maybe not bitcoin but somethign else centralized, if the average user will use bitcoin more, then we might see an overcome on current fiat from bitcoin
The price of USD can fall in future but it will not disappear, it will always shows its presence, if more people use bitcoin in future then it can surely affect the growth of dollar in future.
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0day
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June 19, 2016, 11:03:08 AM |
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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 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. yeah, it is true, bitcoin is more better than USD, and whenever people know about bitcoin and learn about all the features of bitcoin then they will leave USD and will prefer bitcoin in every field of finance and business.
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Hire me for your campaign management
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wintermeasures
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June 19, 2016, 11:08:14 AM |
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is bitcoin more popular than US Dollar ?
I do not think so, because I think there are still many people who do not know bitcoin. but you try to go to any part of the world and asked if it was the USD, I guarantee they'll know. Thank you
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el kaka22
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June 19, 2016, 06:30:36 PM |
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Not even close. We on this forum are familiar with bitcoin but the vast majority of the world and even America don't know what it is. Most people in the world know what the US dollar is (and of course everyone in America knows what the US dollar is).
I can't believe that majority of America don't know what is BTC I thought that some of the people there know BTC if not I can't blame them. BTC is evolution of the current payments, it is possible the next generation of bounty within the game, so much more you can do with BTC that couldn't do with USD, like fast payments, easy transaction, and much more.
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animalroam
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June 19, 2016, 06:39:59 PM |
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Not even close. We on this forum are familiar with bitcoin but the vast majority of the world and even America don't know what it is. Most people in the world know what the US dollar is (and of course everyone in America knows what the US dollar is).
I can't believe that majority of America don't know what is BTC I thought that some of the people there know BTC if not I can't blame them. BTC is evolution of the current payments, it is possible the next generation of bounty within the game, so much more you can do with BTC that couldn't do with USD, like fast payments, easy transaction, and much more. Yeah, when I ask around most people don't know what it is.
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torrentheaven
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June 19, 2016, 06:50:58 PM |
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Not even close. We on this forum are familiar with bitcoin but the vast majority of the world and even America don't know what it is. Most people in the world know what the US dollar is (and of course everyone in America knows what the US dollar is).
I can't believe that majority of America don't know what is BTC I thought that some of the people there know BTC if not I can't blame them. BTC is evolution of the current payments, it is possible the next generation of bounty within the game, so much more you can do with BTC that couldn't do with USD, like fast payments, easy transaction, and much more. Yeah, when I ask around most people don't know what it is. That is a big problem even people around me are not aware about bitcoin and when I try to explain them they don't show any interest in it as they feel that its an waste of time and money.
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Ethey
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June 19, 2016, 06:52:49 PM |
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USD is way to high at his Price. It should be the half i think this i because of all the sanctions and the war
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MingLee
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June 19, 2016, 06:55:13 PM |
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Not even close. We on this forum are familiar with bitcoin but the vast majority of the world and even America don't know what it is. Most people in the world know what the US dollar is (and of course everyone in America knows what the US dollar is).
I can't believe that majority of America don't know what is BTC I thought that some of the people there know BTC if not I can't blame them. BTC is evolution of the current payments, it is possible the next generation of bounty within the game, so much more you can do with BTC that couldn't do with USD, like fast payments, easy transaction, and much more. Yeah, when I ask around most people don't know what it is. That is a big problem even people around me are not aware about bitcoin and when I try to explain them they don't show any interest in it as they feel that its an waste of time and money. That's the biggest issue when people try to get involved, there is no interest because it does nothing for them most of the time. The people you talk to have to be legitimately interested in, or at least open to the idea, of Bitcoin and everything it entails. Maybe if the investment potential of Bitcoin was publicized instead of just its existence, there might be more people who would go and take a look at it.
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danherbias07
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June 20, 2016, 08:50:14 AM |
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BTC for now relies on USD price.
Local currencies relies on USD price specially low priced local monies. So this should not be a versus. I will go with USD and BTC.
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Adaleon
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June 20, 2016, 08:55:20 AM |
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If you have Bitcoin than it will be of course better that you are going to use a Bitcoin wallet and that is because it works well with Bitcoin and you also know that it is really safe to use it. And it is also easy to pay and have some transaction via your Bitcoin wallet and that is perfect of the wallet.
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btc-facebook
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June 20, 2016, 08:58:12 AM |
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If I'm talking about $ , it destruct my local currency but I have advantage for holding bitcoin since bitcoin can convert into $. So actually it depend on how's the economy condition regarding dollar and bitcoin will just amplify it's value
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Nolankane
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June 20, 2016, 10:16:16 AM |
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Bitcoin is becoming more worth now and you also can see that the value of Bitcoin becomes higher so that is really nice but you dont also even know what will happen in the future so that is the problem. But of course it should be nice if we can make some profit and make it more popular so there will be more people that is going to use Bitcoin.
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