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Author Topic: USD vs BTC  (Read 121113 times)
Drago2016
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September 30, 2016, 07:27:41 PM
 #501

The US Dollar. While its not the best, its the most preferred due to economics
Past crises in the global economy only proved that none of the currencies previously considered to be reliable, can not be a 100% guarantee of saving money. A wave of devaluations swept through the country and to make a choice between bitcoin and the dollar is very difficult. But on the basis of daily necessities, the dollar is still higher than the bitcoin rated.
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September 30, 2016, 07:58:58 PM
 #502

At this stage bitcoints not so popular as the dollar. But its popularity is growing. By dollar just all become accustomed. A cryptocurrency a relatively new and many people do not trust it
People massively using the US Dollar doesn't mean it's more or less popular than currencies such as Bitcoin.

They use it because there is no other option than that in their daily lives.

I don't ever think people (non Bitcoiners) will fully trust or believe in Bitcoin as a currency since there is no central authority

People should not unreservedly trust or believe in Bitcoin, they just need to trust or believe in their "central authority" (aka government) a little bit less than they would in respect to Bitcoin. There is no way back after they lose that bit of extra faith they might have. And I have a strong inclination to think that a central authority has much higher chances to deliberately cheat or scam on folks than a decentralized one. So it is just a matter of time...

But once bitten, twice shy

BitHodler
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September 30, 2016, 08:19:02 PM
 #503

At this stage bitcoints not so popular as the dollar. But its popularity is growing. By dollar just all become accustomed. A cryptocurrency a relatively new and many people do not trust it
People massively using the US Dollar doesn't mean it's more or less popular than currencies such as Bitcoin.

They use it because there is no other option than that in their daily lives.

I don't ever think people (non Bitcoiners) will fully trust or believe in Bitcoin as a currency since there is no central authority.



The US dollar is much more popular than the bitcoin as the user numbers of the US dollar is much larger.
Did you even read what I have said? I said that people using the US Dollar on a massive scale, does not imply that this currency is popular. People use it because they don't have an other choice. That's it.

BSV is not the real Bcash. Bcash is the real Bcash.
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September 30, 2016, 10:36:03 PM
 #504

is bitcoin more popular than US Dollar ?

No it isn't, and I think for this decade or century will not be, bitcoin can not be as much popular as usd because people who use u.s dollars is way too large rather the people using bitcoin.
molsewid
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September 30, 2016, 10:43:30 PM
 #505

is bitcoin more popular than US Dollar ?
This is ridiculous right? Us dollar are more popular than bitcoin you can't say things like this people are using physical money for daily and this is long decade or century people using this massively
uname
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September 30, 2016, 10:56:17 PM
 #506

At this stage bitcoints not so popular as the dollar. But its popularity is growing. By dollar just all become accustomed. A cryptocurrency a relatively new and many people do not trust it
yeah I think if bitcoin began to grow I believe the future will be bright bitcoin, but I'm not sure if bitcoin could defeat the dollar. I just think that bitcoin might be equivalent to the dollar

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October 01, 2016, 12:49:34 AM
 #507

At this stage bitcoints not so popular as the dollar. But its popularity is growing. By dollar just all become accustomed. A cryptocurrency a relatively new and many people do not trust it
yeah I think if bitcoin began to grow I believe the future will be bright bitcoin, but I'm not sure if bitcoin could defeat the dollar. I just think that bitcoin might be equivalent to the dollar
This is unreal do you know what is the ammount of dollars circulating? And we do know they can print unlimited dollars all days, bitcoin had a restricted 21 milion coins, that should be mined at 2100, even when some rumors saying that they might raise those ammount, something that wouldnt be good for bitcoin. Bitcoin its a point into the ocean against almost all currencies if not all, and those wont change, even with the price of 3000 dollars for each bitcoin.
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October 01, 2016, 01:10:24 AM
 #508

At this stage bitcoints not so popular as the dollar. But its popularity is growing. By dollar just all become accustomed. A cryptocurrency a relatively new and many people do not trust it
yeah I think if bitcoin began to grow I believe the future will be bright bitcoin, but I'm not sure if bitcoin could defeat the dollar. I just think that bitcoin might be equivalent to the dollar
It cant and will not be equal to USD. Do you think the US government will let that happen? They are striving to lie to everybody for the sake of their strength to control everything and this crypto would just go beyond them just like that? They wont give a slightest way for that to happen.

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mirakal
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October 01, 2016, 02:30:25 AM
 #509

At this stage bitcoints not so popular as the dollar. But its popularity is growing. By dollar just all become accustomed. A cryptocurrency a relatively new and many people do not trust it
yeah I think if bitcoin began to grow I believe the future will be bright bitcoin, but I'm not sure if bitcoin could defeat the dollar. I just think that bitcoin might be equivalent to the dollar
It cant and will not be equal to USD. Do you think the US government will let that happen? They are striving to lie to everybody for the sake of their strength to control everything and this crypto would just go beyond them just like that? They wont give a slightest way for that to happen.
Nothing can beat the government, they can declare using of bitcoin as illegal if they find any threat to there economy, big countries does not want any competition and if they have they will surely beat it so that they will continue to make money from our taxes.

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RoommateAgreement
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October 01, 2016, 03:51:29 AM
 #510

At this stage bitcoints not so popular as the dollar. But its popularity is growing. By dollar just all become accustomed. A cryptocurrency a relatively new and many people do not trust it
yeah I think if bitcoin began to grow I believe the future will be bright bitcoin, but I'm not sure if bitcoin could defeat the dollar. I just think that bitcoin might be equivalent to the dollar
It cant and will not be equal to USD. Do you think the US government will let that happen? They are striving to lie to everybody for the sake of their strength to control everything and this crypto would just go beyond them just like that? They wont give a slightest way for that to happen.
Nothing can beat the government, they can declare using of bitcoin as illegal if they find any threat to there economy, big countries does not want any competition and if they have they will surely beat it so that they will continue to make money from our taxes.

yeah, but in that sense the governement can only make businesses stop using bitcoin not the people. and they can continue playing around with bitcoin as an investment and also even as an online payment or for transferring money to any other peer they like over the internet and nobody can stop that.

Buying the dip...
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October 01, 2016, 05:20:29 AM
 #511

Maybe in terms of internet payment bitcoin is more popular since it is easy to transfer but in terms of daily use, I think USD beats bitcoin because of the following reasons. First of all, Bitcoin's price is based on usd since it's main convertion is US Dollars before it is converted in other currencies. USD is also backed up by governments making it more popular than bitcoin. Lastly, USD is accepted by almost any stores that can be found offline and online unlike bitcoin that has a few stores that accepts it online or offline.
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October 01, 2016, 05:31:21 AM
 #512

US dollar batle with bitcoin not equal
US dollar real money this use country bitcoin only digital curency
so this compare batle not good, is good batle same digital curency or payment procesor online, example paypal, perfectmoney and more
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October 01, 2016, 07:36:22 AM
Last edit: October 01, 2016, 09:28:45 AM by deisik
 #513

Maybe in terms of internet payment bitcoin is more popular since it is easy to transfer but in terms of daily use, I think USD beats bitcoin because of the following reasons. First of all, Bitcoin's price is based on usd since it's main convertion is US Dollars before it is converted in other currencies. USD is also backed up by governments making it more popular than bitcoin. Lastly, USD is accepted by almost any stores that can be found offline and online unlike bitcoin that has a few stores that accepts it online or offline.

Bitcoin price in no case can be based on the US dollar. It is like saying that the price of apples is based on the US dollars. Bitcoin like apples can be priced in dollars. Just like they can be priced in any other currency. Does it make bitcoins and apples somehow different if they are priced, say, in the Russian Ruble or Chinese Yuan? Further, the US dollar is universally accepted only in the US (and a few other small countries like Honduras or Zimbabwe, lol)...

Good luck to you trying to buy something with the US dollars "offline", for example, in Canada (let alone the EU or the UK)

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October 01, 2016, 10:44:13 AM
 #514

Among young people increasing popularity has bitcoins. And older people prefer the old system and therefore keep their savings in dollars
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October 01, 2016, 01:24:11 PM
 #515

Among young people increasing popularity has bitcoins. And older people prefer the old system and therefore keep their savings in dollars

Something to research and it has the truth. Because most elders would prefer to keep their money in the form of physical (physical currency), since all that will not give their anxiety in case something in their lives. And also elderly people also do not like against modern technology or their preferred tempo technology first
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October 03, 2016, 04:15:39 AM
 #516

You have to understand that the American dollar is practically held the whole world economy. If he does not hold, then drop it. So I think that it will be at a height either alone or artificially.
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October 03, 2016, 05:13:12 AM
 #517

Among young people increasing popularity has bitcoins. And older people prefer the old system and therefore keep their savings in dollars

Something to research and it has the truth. Because most elders would prefer to keep their money in the form of physical (physical currency), since all that will not give their anxiety in case something in their lives. And also elderly people also do not like against modern technology or their preferred tempo technology first

Problem is if they passed that tradition or the elder one somehow gave some money and it is already at the bank. It will keep on going for many generation until someone at the family discovers something else is better.
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October 03, 2016, 08:23:25 AM
 #518

Bitcoins is alot better since it can't be ubused like the us dollar.
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October 03, 2016, 09:08:49 AM
 #519

Among young people increasing popularity has bitcoins. And older people prefer the old system and therefore keep their savings in dollars

Something to research and it has the truth. Because most elders would prefer to keep their money in the form of physical (physical currency), since all that will not give their anxiety in case something in their lives. And also elderly people also do not like against modern technology or their preferred tempo technology first

Problem is if they passed that tradition or the elder one somehow gave some money and it is already at the bank. It will keep on going for many generation until someone at the family discovers something else is better.
That's how the elders believe because they usually do not go with the new changes in the world, of course bitcoin is new to their eyes and they will not easily believe it as currency as the government does not promote it. They are not risk takers unlike the new generation.
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October 03, 2016, 03:36:58 PM
 #520

Among young people increasing popularity has bitcoins. And older people prefer the old system and therefore keep their savings in dollars

Something to research and it has the truth. Because most elders would prefer to keep their money in the form of physical (physical currency), since all that will not give their anxiety in case something in their lives. And also elderly people also do not like against modern technology or their preferred tempo technology first

Problem is if they passed that tradition or the elder one somehow gave some money and it is already at the bank. It will keep on going for many generation until someone at the family discovers something else is better.
That's how the elders believe because they usually do not go with the new changes in the world, of course bitcoin is new to their eyes and they will not easily believe it as currency as the government does not promote it. They are not risk takers unlike the new generation.
The dollar may be on the same level with bitcoin. Everyone just thinks according to their wish.
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