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Author Topic: USD vs BTC  (Read 121112 times)
BeGoods
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October 15, 2016, 01:36:43 PM
 #581

Bitcoin is not popular than US Dollars.US dollars is in the market from more time, but Bitcoin is in its early stage.US Dollars is accepted worldwide for payment whereas Bitcoin is accepted in few places.US
that's such a normal thing because dollar had been exist since few decades ago while bitcoin actually invented by satoshi nakamoto on 31 October 2008 and released in january 2009,that's the struggle when you compare thing that had been existed from an age ago with something new
I think although bitcoin are old though I do not think that bitcoin could defeat the dollar. not to in the United States, although bitcoin became famous and popular all over the world, but it does not automatically bitcoin can beat the dollar or any other fiat currency.
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October 15, 2016, 06:43:31 PM
 #582

The dollar is an international currency and many countries with their economies are tied to this currency. Therefore bitcoin easier to become an international virtual currency than the dollar fix.
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October 15, 2016, 07:05:34 PM
 #583

The dollar is an international currency and many countries with their economies are tied to this currency. Therefore bitcoin easier to become an international virtual currency than the dollar fix.
Taxes on the dollar and take great even when you take a loan, you give the problem and make the dollar is also a problem. Employers do not adhere to the exchange rate, and so the problems with this currency too short.
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October 15, 2016, 08:40:11 PM
 #584

With the current world trend, crypto is going to entirely flush out fiat as time goes on.
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October 15, 2016, 09:10:31 PM
Last edit: October 16, 2016, 10:17:28 AM by deisik
 #585

With the current world trend, crypto is going to entirely flush out fiat as time goes on.

With only 400k active Bitcoin users on board, it may take a bit longer than you might think, since everything is known to take longer than you think. Besides, Bitcoin obviously has terrible scalability issues lying ahead of it if the number of active users grows significantly over time. Would the Bitcoin network be able to cope with just 4M active users? And what if their number grows tenfold again and then again?

I'm not even talking about Bitcoin entirely flushing out the fiat in the end

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October 15, 2016, 09:41:16 PM
 #586

The dollar is an international currency and many countries with their economies are tied to this currency. Therefore bitcoin easier to become an international virtual currency than the dollar fix.
on internet people are readily preferring to use ony bitcoin as they find it more convenient to use only bitcoin so it is true that bitcoin will be the digital international currency.
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October 16, 2016, 12:14:55 AM
 #587

The dollar is an international currency and many countries with their economies are tied to this currency. Therefore bitcoin easier to become an international virtual currency than the dollar fix.
on internet people are readily preferring to use ony bitcoin as they find it more convenient to use only bitcoin so it is true that bitcoin will be the digital international currency.
Sure bitcoin may take control of online transactions one day but it wont happen soo soon, bitcoin is growing slowly and will take some years till it get a huge visibility and interest.
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October 16, 2016, 08:39:47 AM
 #588

The dollar is an international currency and many countries with their economies are tied to this currency. Therefore bitcoin easier to become an international virtual currency than the dollar fix.
on internet people are readily preferring to use ony bitcoin as they find it more convenient to use only bitcoin so it is true that bitcoin will be the digital international currency.
Sure bitcoin may take control of online transactions one day but it wont happen soo soon, bitcoin is growing slowly and will take some years till it get a huge visibility and interest.

It will take decades for the bitcoin to be used as a major online currency. It also depends on further development.
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October 16, 2016, 09:14:25 AM
 #589

The dollar is an international currency and many countries with their economies are tied to this currency. Therefore bitcoin easier to become an international virtual currency than the dollar fix.
on internet people are readily preferring to use ony bitcoin as they find it more convenient to use only bitcoin so it is true that bitcoin will be the digital international currency.
Sure bitcoin may take control of online transactions one day but it wont happen soo soon, bitcoin is growing slowly and will take some years till it get a huge visibility and interest.

It will take decades for the bitcoin to be used as a major online currency. It also depends on further development.
Time will tell but what I have been seeing now is we are steadily improving, more adoption are coming in as evidence by the steady price increased. We need to be optimistic this time that the success will continue as expected.
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October 16, 2016, 10:44:36 AM
 #590

no, Usd is much more popular than bitcoin,but i think that bitcoin is better
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October 16, 2016, 11:19:24 AM
 #591

The dollar is an international currency and many countries with their economies are tied to this currency. Therefore bitcoin easier to become an international virtual currency than the dollar fix.
on internet people are readily preferring to use ony bitcoin as they find it more convenient to use only bitcoin so it is true that bitcoin will be the digital international currency.
Sure bitcoin may take control of online transactions one day but it wont happen soo soon, bitcoin is growing slowly and will take some years till it get a huge visibility and interest.

yes it will take some time but will not take dozens of years but I can see that bitcoin will capture the the online business in 2020. and after that it will start to spread out to offline business too.
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October 16, 2016, 11:32:08 AM
 #592

Look at what Bitcoin is used primarily for currently: highly speculative day trading and gambling. Outside of these functions, it does not have a high degree of utility. This does not portend well for mass adoption and disruption. It's a niche product appealing to a small number of people currently.

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October 16, 2016, 02:29:11 PM
 #593

Look at what Bitcoin is used primarily for currently: highly speculative day trading and gambling. Outside of these functions, it does not have a high degree of utility. This does not portend well for mass adoption and disruption. It's a niche product appealing to a small number of people currently.

not only for that, but also for people looking to store money outside the banking system. i do exactly that and i am very happy that bitcoin offers me this opportunity. and yes, i agree that bitcoin right now is very small when it comes to adoption, but this shows how much growth we can realize in the coming years. this makes bitcoin a more than interesting long term investment.
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October 16, 2016, 02:31:34 PM
 #594

USD + Bitcoin is the same to me. It basically is just something to barter.

 
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October 16, 2016, 03:21:02 PM
 #595

First thing it is the wrong pair to compare. You can use BTC againt Gold or USD vs EURO why compare a different thing at all. Bitcoin is valued in USD price so that wont work

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October 17, 2016, 02:21:34 AM
 #596

As of now, dollar is popular than bitcoin. People around
the globe seems dollar being used than bitcoin because
bitcoin is not that well known in other country. But, bitcoin
also being introduced in other countries.


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October 17, 2016, 02:38:11 AM
 #597

As of now, dollar is popular than bitcoin. People around
the globe seems dollar being used than bitcoin because
bitcoin is not that well known in other country. But, bitcoin
also being introduced in other countries.



I have to agree with that because that is the reality, and no way bitcoin will be more popular with dollar although bitcoin is global and dollar is not. The big baggers of bitcoin are people from big countries and US is a big country so if their economy collapse bitcoin will also be affected.

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October 17, 2016, 12:09:12 PM
 #598

As of now, dollar is popular than bitcoin. People around
the globe seems dollar being used than bitcoin because
bitcoin is not that well known in other country. But, bitcoin
also being introduced in other countries.



It is but not that widely accepted yet in most countries in general. I think in thw future it's going to be more of fiat vs btc as i think bitcoin will seriously challenge the fiat supremacy in the market

 
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October 18, 2016, 06:38:51 PM
 #599

As of now, dollar is popular than bitcoin. People around
the globe seems dollar being used than bitcoin because
bitcoin is not that well known in other country. But, bitcoin
also being introduced in other countries.



It is but not that widely accepted yet in most countries in general. I think in thw future it's going to be more of fiat vs btc as i think bitcoin will seriously challenge the fiat supremacy in the market
About opposition dollar and bitcoin can be finished speaking when one says what currency he enjoys most every day. And then the question will be resolved.
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October 19, 2016, 05:40:42 AM
 #600

Bitcoin is not as popular as the US Dollar. US Dollar has been there for a long time so people have talked about it ever since. Before most of us were born, people already know about US Dollar and it has more value than most currencies.

Bitcoin, on the other hand, is relatively new. As we approach a more and more digital world, Bitcoin is also arising. People are starting to talk about Bitcoin but I don't think it will come to the point that Bitcoin is more popular than US Dollars any time soon. But it will, eventually.

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