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Author Topic: USD vs BTC  (Read 121161 times)
trickshot22
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September 18, 2016, 10:28:17 PM
 #441

I do not think that now is the time to make a choice between bitcoin and the dollar. Bitcoin can not yet fully replace the dollar. Not all the shops and did not pay off for all possible bitcoin. Therefore, this issue be put on today is very early still.
you are right and i dont know whether it is ever going to replace the dollar or not, i think btc is still better though
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September 18, 2016, 11:06:59 PM
 #442

I do not think that now is the time to make a choice between bitcoin and the dollar. Bitcoin can not yet fully replace the dollar. Not all the shops and did not pay off for all possible bitcoin. Therefore, this issue be put on today is very early still.
you are right and i dont know whether it is ever going to replace the dollar or not, i think btc is still better though
In fact you cant choose bitcoin or dollar, even dollar not being your currencie, you need both and might earn both with your work, soo why to choose or one should fight against the other, that isnt the purpose of bitcoin at all.
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September 19, 2016, 05:20:27 AM
 #443

I do not think that now is the time to make a choice between bitcoin and the dollar. Bitcoin can not yet fully replace the dollar. Not all the shops and did not pay off for all possible bitcoin. Therefore, this issue be put on today is very early still.

Well I agree we don't even have to choose any of them because they are both good if you are going to think about it. We do really need both of it, because the price of bitcoin is always depending to USD before we are going to convert that. So I can say that it is better  if we aren't going to compare them but use them both.

This comparison was made from the past year. I remember watching an analyst in youtube saying it can change the fiat. Dont remember the video now.
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September 19, 2016, 06:01:55 AM
 #444

I think bitcoin can't be compared by US Dollar, because US Dollar already used and popular since long time and bitcoin is still new for some person. Of course US Dollar still dominate than bitcoin.
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September 19, 2016, 06:31:37 AM
 #445

I think bitcoin can't be compared by US Dollar, because US Dollar already used and popular since long time and bitcoin is still new for some person. Of course US Dollar still dominate than bitcoin.
Exactly, because bitcoin is just a small currency that is not widely accepted by the majority of the people. It has its own purpose being a currency which  different from USD. Without USD bitcoin will not be successful because the big investors came form the US and they are using their fiat to invest.

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September 20, 2016, 04:47:05 AM
 #446

I think bitcoin can't be compared by US Dollar, because US Dollar already used and popular since long time and bitcoin is still new for some person. Of course US Dollar still dominate than bitcoin.


Yeah it is going to be he conqueror in terms of currency all over the world. And many foreign currencies are depending to the value of USD and even bitcoin also So this is really not a good comparison instead we are going to need both of them in able to have prosperous life and control in our money for our daily lives.
As the dollar more or less stable, I am from him I never give up. True bitcoin also buy and hope for the price increase, but it is associated with greater risk. But I believe in a good future. On bitcoin can make good money, and the dollar is the currency for everyday life.
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September 20, 2016, 05:10:38 AM
 #447

obviously US dollar is more popular, and will be for a long long time.
I doubt we can even see btc more popular than usd, i mean btc is worldwide but USD is a very important fiat.
You cannot get over-excited about crypto's and deny the power of paper money...

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September 20, 2016, 06:53:32 AM
 #448

Is this a troll question? Ofcourse btc is not bigger than usd that would be crazyness and btc would be way higher in price right now than it is.
Bitcoin is bit but not that big yet by far. We need more advertisement around the whole digital currency idea for it to get more big.
bitcoin have higher price does not mean bitcoin has greater power than the dollar? yeah until whenever the dollar will be more superior than the bitcoin. yeah it's like a very funny question, surely everyone would prefer dollar than bitcoin
If they know the importance of bitcoin im sure that they will try to collect bitcoin.. we are here in forum because we want bitcoin and we are just using bitcoin as alternative and source of income or business.. usd is our real money we can convert our bitcoin in to usd..
If we compare usd and bitcoin only the difference is the price of bitcoin and we are using bitcoin because of anonymity and price of bitcoin is not stable the price can be high or low. .

The bitcoin price rose about 6% in the last few days. There is no big news to drive up the price. So it is due to the mass adoption. It is good.

I gather you should follow news more closely. It had become known just a few days before the price surged from $570 to above $620 (almost 10% price increase) that the Russian government officials confirmed that they totally abandoned their initial plans to criminalize the use of Bitcoin (which they had been threatening to enact over the course of a few years, by the way) and in fact were drafting a bill to accept it as a foreign currency (like the US dollar)...

If it is not a big news, then what is?

Zicadis
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September 20, 2016, 08:31:52 AM
 #449

Is this a troll question? Ofcourse btc is not bigger than usd that would be crazyness and btc would be way higher in price right now than it is.
Bitcoin is bit but not that big yet by far. We need more advertisement around the whole digital currency idea for it to get more big.
bitcoin have higher price does not mean bitcoin has greater power than the dollar? yeah until whenever the dollar will be more superior than the bitcoin. yeah it's like a very funny question, surely everyone would prefer dollar than bitcoin
If they know the importance of bitcoin im sure that they will try to collect bitcoin.. we are here in forum because we want bitcoin and we are just using bitcoin as alternative and source of income or business.. usd is our real money we can convert our bitcoin in to usd..
If we compare usd and bitcoin only the difference is the price of bitcoin and we are using bitcoin because of anonymity and price of bitcoin is not stable the price can be high or low. .

The bitcoin price rose about 6% in the last few days. There is no big news to drive up the price. So it is due to the mass adoption. It is good.

I gather you should follow news more closely. It had become known just a few days before the price surged from $570 to above $620 (almost 10% price increase) that the Russian government officials confirmed that they totally abandoned their initial plans to criminalize the use of Bitcoin (which they had been threatening to enact over the course of a few years, by the way) and in fact were drafting a bill to accept it as a foreign currency (like the US dollar)...

If it is not a big news, then what is?

I think think the bitcoin price is less driven by the news now. The implementation of SegWit will drive the price higher.
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September 20, 2016, 08:13:19 PM
 #450

Bitcoin is not than popular than US dollar. See bitcoin is just now in its early stage.But still, it has progressed tremendously. Dollar is almost known by all.Most people in the world are unfamiliar with bitcoin. We must bring them into the mainstream of bitcoin.
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September 21, 2016, 03:22:25 AM
 #451

Bitcoin is not than popular than US dollar. See bitcoin is just now in its early stage.But still, it has progressed tremendously. Dollar is almost known by all.Most people in the world are unfamiliar with bitcoin. We must bring them into the mainstream of bitcoin.

We all know about it that US dollar is much more powerful and more popular with bitcoin. And for me, we don't have to choose to any of them as they are both important.

And it is giving us all benefits as we work for both of them, and we just need to keep on supporting them both in able to help the adoption of bitcoin.

So we don't need to compare two of them.

Vires in Numeris
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September 21, 2016, 05:39:17 AM
 #452

Bitcoin is not than popular than US dollar. See bitcoin is just now in its early stage.But still, it has progressed tremendously. Dollar is almost known by all.Most people in the world are unfamiliar with bitcoin. We must bring them into the mainstream of bitcoin.

We all know about it that US dollar is much more powerful and more popular with bitcoin. And for me, we don't have to choose to any of them as they are both important.

And it is giving us all benefits as we work for both of them, and we just need to keep on supporting them both in able to help the adoption of bitcoin.

So we don't need to compare two of them.
Correct, both of this currency is good to have, USD for daily living while bitcoin is for investment, bitcoin is not yer more popular here in my country but i think time comes that even kids will used bitcoin for their wants.
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September 21, 2016, 06:15:57 AM
 #453

I think bitcoin can't be compared by US Dollar, because US Dollar already used and popular since long time and bitcoin is still new for some person. Of course US Dollar still dominate than bitcoin.
yeah besides the dollar is also a currency of a country. whereas only bitcoin payment options online. even not everyone in the world knows about bitcoin, I think it is still too early to prove that bitcoin is more powerful than the dollar?
bitcoin need a lot of progress to be against dollar
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September 21, 2016, 06:20:12 AM
 #454

Bitcoin is not than popular than US dollar. See bitcoin is just now in its early stage.But still, it has progressed tremendously. Dollar is almost known by all.Most people in the world are unfamiliar with bitcoin. We must bring them into the mainstream of bitcoin.

We all know about it that US dollar is much more powerful and more popular with bitcoin. And for me, we don't have to choose to any of them as they are both important.

And it is giving us all benefits as we work for both of them, and we just need to keep on supporting them both in able to help the adoption of bitcoin.

So we don't need to compare two of them.

Actually I get nothing from USD but it is used as the measurement of bitcoin so I got no choice but to also use it. One more thing is most of the wallet exchange that sells bitcoin do prefer USD as the currency for transaction.

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September 21, 2016, 06:54:14 AM
 #455

Us dollar versus the bitcoin what will win it is not the question witch one will win because we all know what will win and that is the us dollar off course allot more people who use it.
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September 21, 2016, 07:25:17 AM
 #456

Us dollar vs the bitcoin what will stay the strongest after a while i think that there will be allot of people using bitcoins but i dont think he can beat the us dollar just because of the many users of it.
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September 21, 2016, 07:28:00 AM
 #457

Banks have digital versions of fiat money for many decades now, it is called your bank account and is used to instruct an ATM or teller in another location that it is OK for them to hand over dollars to you when you request it.

Bitcoin frees a person from the hassle of dealing directly with a bank so enabling each of us to conduct transactions without banks overseeing our transactions. (no middleman)

bitcoin is always scary for spending due to its irreversible and non traceable nature. so bitcoin adaption would happen only after we have more globally trustworthy business which accepts bitcoin. Till now we compare price of bitcoin against fiat currency only, if BTC is more popular everyone would compare fiat currency to bitcoin.

most or all of us compare or ask how much is 1 btc = fiat currency, when this situation changes like how much is $1

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September 21, 2016, 08:02:19 AM
 #458

Us dollar vs the bitcoin what will stay the strongest after a while i think that there will be allot of people using bitcoins but i dont think he can beat the us dollar just because of the many users of it.
Bitcoin is not even qualified to compete with US Dollars because most of us here consider USD as the strongest currency in the whole world as it is widely recognize and accepted, bitcoin somehow is just new to the eyes of the many so there is not competition at all.

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September 21, 2016, 08:50:17 AM
 #459

Ofcourse USD is bigger then btc by a large amount but I think btc has the potential to overtake it or come close at the very least.
This requires mass adoption and that's a tough call if it will happen or not. Only time will tell and if it happens it will still be years away though.
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September 21, 2016, 09:14:20 AM
 #460

No bitcoin is not more popular than the US dollar and for that to happen then we US dollar has to go trough alot of bad times.
Not talking bad about bitcoin but the US dollar exists for so much longer it's hard to break it but bitcoin is innovative and has alot of benefits so who knows.
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