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Author Topic: USD vs BTC  (Read 121103 times)
potatopower
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August 24, 2016, 10:32:18 PM
 #301

USD still popular over high popular is compare bitcoin
you wrong is compare, maybe compare dollar paypal , dollar perfectmoney dollar okpay is right placed compare
is comare USD not equal, USD real curency in the world , bitcoin digital curency

I have no idea what you are trying to say but for me I think USD is still better currency in compare to bitcoin as it can be used anywhere to buy anything.
it is not a better currency at all, bitcoins are the best because they are not controled by any banks or other financial institutions

 
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August 25, 2016, 07:05:58 PM
 #302

USD still popular over high popular is compare bitcoin
you wrong is compare, maybe compare dollar paypal , dollar perfectmoney dollar okpay is right placed compare
is comare USD not equal, USD real curency in the world , bitcoin digital curency

I have no idea what you are trying to say but for me I think USD is still better currency in compare to bitcoin as it can be used anywhere to buy anything.
it is not a better currency at all, bitcoins are the best because they are not controled by any banks or other financial institutions

But Bitcoin is essentially controlled by major mining pools now. They seem not to exercise their power (at least, openly), but apart from that, they are just like any other financial institution which has control over money (the US dollar or whatever)...

So what's the difference really?

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August 25, 2016, 07:35:59 PM
 #303

USD still popular over high popular is compare bitcoin
you wrong is compare, maybe compare dollar paypal , dollar perfectmoney dollar okpay is right placed compare
is comare USD not equal, USD real curency in the world , bitcoin digital curency

I have no idea what you are trying to say but for me I think USD is still better currency in compare to bitcoin as it can be used anywhere to buy anything.
it is not a better currency at all, bitcoins are the best because they are not controled by any banks or other financial institutions

But Bitcoin is essentially controlled by major mining pools now. They seem not to exercise their power (at least, openly), but apart from that, they are just like any other financial institution which has control over money (the US dollar or whatever)...

So what's the difference really?
well you are right, thats what i dont like about bitcoins because it becomes a little bit centralized

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August 25, 2016, 09:57:57 PM
 #304

USD still popular over high popular is compare bitcoin
you wrong is compare, maybe compare dollar paypal , dollar perfectmoney dollar okpay is right placed compare
is comare USD not equal, USD real curency in the world , bitcoin digital curency

I have no idea what you are trying to say but for me I think USD is still better currency in compare to bitcoin as it can be used anywhere to buy anything.
it is not a better currency at all, bitcoins are the best because they are not controled by any banks or other financial institutions

But Bitcoin is essentially controlled by major mining pools now. They seem not to exercise their power (at least, openly), but apart from that, they are just like any other financial institution which has control over money (the US dollar or whatever)...

So what's the difference really?
well you are right, thats what i dont like about bitcoins because it becomes a little bit centralized
though it is impossible to avoid it and you cannot do anything about it, its not a tragedy that some people have more power

 
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gandame
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August 26, 2016, 10:33:29 AM
 #305

is bitcoin more popular than US Dollar ?
Farther known the us dollar than the bitcoin. Because the dollar is known around the world and wherever you are or in any country you can spent it and you can buy anything you want using us dollar. The dollar is the number one currency in the world. Bitcoin is popular but never change the us dollar.
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August 26, 2016, 10:38:02 AM
 #306

I would think that the USD is more stable then more valuable than bitcoin so I will go with that for now.
It has backing from the federal reserve so you know that it won't easily drop in prices like bitcoin will.
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August 26, 2016, 11:05:29 AM
 #307

I would think that the USD is more stable then more valuable than bitcoin so I will go with that for now.
It has backing from the federal reserve so you know that it won't easily drop in prices like bitcoin will.

Well it is a strong currency way back it takes so many countries. Saying they are saving them when the truth is they are getting their way up to be popular. That is why even person who dont are not that literate knows what a US dollar is. When they see Americans they scream "Dollar, Dollar, Dollar."  Grin
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August 26, 2016, 03:05:29 PM
 #308

USD still popular over high popular is compare bitcoin
you wrong is compare, maybe compare dollar paypal , dollar perfectmoney dollar okpay is right placed compare
is comare USD not equal, USD real curency in the world , bitcoin digital curency

I have no idea what you are trying to say but for me I think USD is still better currency in compare to bitcoin as it can be used anywhere to buy anything.
it is not a better currency at all, bitcoins are the best because they are not controled by any banks or other financial institutions

But Bitcoin is essentially controlled by major mining pools now. They seem not to exercise their power (at least, openly), but apart from that, they are just like any other financial institution which has control over money (the US dollar or whatever)...

So what's the difference really?
well you are right, thats what i dont like about bitcoins because it becomes a little bit centralized
though unfortunately we cannot do anything about it as there will always be people with more impact on bitcoins as they will have more of it
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August 26, 2016, 03:08:11 PM
 #309

I would think that the USD is more stable then more valuable than bitcoin so I will go with that for now.
It has backing from the federal reserve so you know that it won't easily drop in prices like bitcoin will.
Yeah and I think people also have more faith in dollar as they are using it since long time and bitcoin is very new to them so will not get easily convinced to start using bitcoins.
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August 26, 2016, 04:18:43 PM
 #310

I would think that the USD is more stable then more valuable than bitcoin so I will go with that for now.
It has backing from the federal reserve so you know that it won't easily drop in prices like bitcoin will.

Thats why bitcoin is Ideal currency of traders. and dollars is not. that's why bitcoin getting thousands of daily investors.
this price ups and down make bitcoin very great for trading and getting profit. and that's what bitcoin created for.
bitcoin is not famous like dollar because dollar is United Stated Currency and it is no doubt the super power's money. but bitcoin is also strong enough in its own place.

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August 26, 2016, 04:44:50 PM
 #311

WE will see the big black swarm moment when the governments make cash illegal, then we will see millions of dollars per BTC, it will be absolute madness, a lot of people will use BTC to avoid taxes in order to be able to pay the bills.
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August 26, 2016, 05:35:07 PM
 #312

In my opinion and the dollar bitcoin different vocation and origin of the currency, but their goals are the same, and the more they need people who use them. I think unwise at this stage to make a choice one way.
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August 26, 2016, 05:39:24 PM
 #313

I would think that the USD is more stable then more valuable than bitcoin so I will go with that for now.
It has backing from the federal reserve so you know that it won't easily drop in prices like bitcoin will.

the us dollar is released by a government that has gone bankrupt on paper several times. but they are still standing. every other country would have gone bankrupt, but the us government not. very legit. bitcoin is a playing tool for whales, so you can't blame bitcoin for being volatile. that being said, the volatility is what makes bitcoin interesting for many people in the world.
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August 26, 2016, 06:05:58 PM
 #314



Thats why bitcoin is Ideal currency of traders. and dollars is not. that's why bitcoin getting thousands of daily investors.
this price ups and down make bitcoin very great for trading and getting profit. and that's what bitcoin created for.
bitcoin is not famous like dollar because dollar is United Stated Currency and it is no doubt the super power's money. but bitcoin is also strong enough in its own place.

It's not like that. There are lots of USD exchange traders to other fiat currencies today and the trades are healthy.

You just see bitcoin as ideal currency for traders since you are here in the bitcoin community so the knowledge of yours about the subject is just intact and revolving only around the bitcoin world.

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August 26, 2016, 06:11:15 PM
 #315

USD still popular over high popular is compare bitcoin
you wrong is compare, maybe compare dollar paypal , dollar perfectmoney dollar okpay is right placed compare
is comare USD not equal, USD real curency in the world , bitcoin digital curency

I have no idea what you are trying to say but for me I think USD is still better currency in compare to bitcoin as it can be used anywhere to buy anything.
it is not a better currency at all, bitcoins are the best because they are not controled by any banks or other financial institutions

But Bitcoin is essentially controlled by major mining pools now. They seem not to exercise their power (at least, openly), but apart from that, they are just like any other financial institution which has control over money (the US dollar or whatever)...

So what's the difference really?

The difference is that USD is privately issued.  Therefore USD issuers can issue any amount at any time, at no cost to the issuer, and we the people have no way to know or verify that it happened.

BTC is publicly issued - any new coins are announced publicly and verifiably to all participants.  Such coinbase events are limited in amount and frequency, and only appear when proof of costly work has been presented.   




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August 26, 2016, 06:17:25 PM
 #316

I would think that the USD is more stable then more valuable than bitcoin so I will go with that for now.
It has backing from the federal reserve so you know that it won't easily drop in prices like bitcoin will.

the us dollar is released by a government that has gone bankrupt on paper several times. but they are still standing. every other country would have gone bankrupt, but the us government not. very legit. bitcoin is a playing tool for whales, so you can't blame bitcoin for being volatile. that being said, the volatility is what makes bitcoin interesting for many people in the world.
Yeah your right also bitcoin is just an good alternative for usd for transferring money all over the world unlike usd high fees and it takes a long time before you can receive the money.

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August 26, 2016, 06:49:56 PM
 #317

USD its dollar is poppular in the world
all people in the world we know dollar, all country use dollar to payment international export and import
dollar is real curency

bitcoin its digital curency, its batle head to head maybe is good same digital curency
bitcoin only use and know is make money online
is not all people maker money online know about bitcoin
only payment is online
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August 26, 2016, 07:10:01 PM
 #318

USD its dollar is poppular in the world
all people in the world we know dollar, all country use dollar to payment international export and import
dollar is real curency

bitcoin its digital curency, its batle head to head maybe is good same digital curency
bitcoin only use and know is make money online
is not all people maker money online know about bitcoin
only payment is online
Bitcoin through his limitations in popularity will not be able to have a large consumer audience. And the specificity of use cryptocurrency only through the Internet has its own difficulties.
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August 26, 2016, 07:26:53 PM
 #319

USD still popular over high popular is compare bitcoin
you wrong is compare, maybe compare dollar paypal , dollar perfectmoney dollar okpay is right placed compare
is comare USD not equal, USD real curency in the world , bitcoin digital curency

I have no idea what you are trying to say but for me I think USD is still better currency in compare to bitcoin as it can be used anywhere to buy anything.
it is not a better currency at all, bitcoins are the best because they are not controled by any banks or other financial institutions

But Bitcoin is essentially controlled by major mining pools now. They seem not to exercise their power (at least, openly), but apart from that, they are just like any other financial institution which has control over money (the US dollar or whatever)...

So what's the difference really?

The difference is that USD is privately issued.  Therefore USD issuers can issue any amount at any time, at no cost to the issuer, and we the people have no way to know or verify that it happened

Isn't this exactly what control over money means? Indeed, if an entity that grabbed control over Bitcoin would try to hit hard, it would almost certainly fail. For example, if it had decided to cancel halving (the hypothetical event much talked about before the recent halving), it would have brought down the wrath of regular bitcoiners most likely ending up nowhere. But this doesn't in the least prevent such an entity from acting in ways which are more subtle...

But which could potentially be no less destructive in the long run than the plain old rampant printing of money, Zimbabwean style

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August 26, 2016, 07:33:05 PM
 #320

Bitcoin is certainly not more or nearly as popular as the US Dollar. It sure has spreaded all over the world, but more people use the US dollar and almost everyone on the globe knows that it exists, while a lot of people does not use Bitcoin and more people do not know what Bitcoins is or that it even exists. The price might be higher, but it has got less people using it.

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...#EndTheFUD...
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