Doamader
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October 23, 2016, 04:58:12 PM |
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No way dollar and others currencies will always be the most used currency, and bitcoin and crypto world wont replace those, crypto world can make a bit pressio to the current system of high fees readjust to the new way.
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x|8y8|x
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October 23, 2016, 07:18:02 PM |
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In resent time although USD is really too much stable and cannot give you a good profit, but if you invest your money bitcoin it can really give you a good profit in a very very short period of time.
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BeGoods
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October 24, 2016, 11:34:02 PM |
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i think that usd is more popular to the people beacuse it's the currency of america and bitcoin is just a crypto currency and use by the people in the internet.However,bitcoin is more valuable than usd Value is not everything in this case, because even if the value of bitcoin is higher but still USD will win the competition as the use of USD is more than bitcoin in the world, and if we convert all the bitcoins to dollars then that is possible but it wont be possible to convert all the dollars into bitcoin because bitcoin has a limited amount. I think the rate and prices will have an effect here, what makes bitcoin is more special than the dollar? certainly among many people would call that bitcoin prices are higher than the dollar right? if bitcoin does not have a higher price. I'm not sure people would be interested in bitcoin IMO
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danherbias07
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October 25, 2016, 12:37:29 AM |
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i think that usd is more popular to the people beacuse it's the currency of america and bitcoin is just a crypto currency and use by the people in the internet.However,bitcoin is more valuable than usd Value is not everything in this case, because even if the value of bitcoin is higher but still USD will win the competition as the use of USD is more than bitcoin in the world, and if we convert all the bitcoins to dollars then that is possible but it wont be possible to convert all the dollars into bitcoin because bitcoin has a limited amount. I think the rate and prices will have an effect here, what makes bitcoin is more special than the dollar? certainly among many people would call that bitcoin prices are higher than the dollar right? if bitcoin does not have a higher price. I'm not sure people would be interested in bitcoin IMO It is because of its value. One more thing is there is only limited bitcoin to be mined and just like any other item that is limited e.g. paintings or cars they have a whooping value in the market for the demands.
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madwica
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October 25, 2016, 03:48:14 AM |
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i think that usd is more popular to the people beacuse it's the currency of america and bitcoin is just a crypto currency and use by the people in the internet.However,bitcoin is more valuable than usd Value is not everything in this case, because even if the value of bitcoin is higher but still USD will win the competition as the use of USD is more than bitcoin in the world, and if we convert all the bitcoins to dollars then that is possible but it wont be possible to convert all the dollars into bitcoin because bitcoin has a limited amount. I think the rate and prices will have an effect here, what makes bitcoin is more special than the dollar? certainly among many people would call that bitcoin prices are higher than the dollar right? if bitcoin does not have a higher price. I'm not sure people would be interested in bitcoin IMO It is because of its value. One more thing is there is only limited bitcoin to be mined and just like any other item that is limited e.g. paintings or cars they have a whooping value in the market for the demands. In popularization no doubt for US Dollar since bitcoin is only 6 years exist but in the near future bitcoin would be more popular and it will be more liking investment for the big investor.
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MinerHQ
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October 25, 2016, 05:03:30 AM |
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If you compare price wise, then The Bitcoin is more popular than USD. But if you compare security wise USD is best in this world. Yup the USD is legal currency in all over the world and USD is paper money. But the BTC is just digital currency, and many countries does not aware about this currency. So according to me, USD is first next BTC.
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mirakal
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October 25, 2016, 05:23:45 AM |
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If you compare price wise, then The Bitcoin is more popular than USD. But if you compare security wise USD is best in this world. Yup the USD is legal currency in all over the world and USD is paper money. But the BTC is just digital currency, and many countries does not aware about this currency. So according to me, USD is first next BTC.
I cannot believe you say that, bitcoin is more popular than usd? Are you serious? My kid knows about dollars but he does not know about bitcoin, the fact that the users of bitcoin is just 1% of the total world population only prove that your statement is not true.
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daniahya
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October 25, 2016, 06:18:23 AM |
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i think that usd is more popular to the people beacuse it's the currency of america and bitcoin is just a crypto currency and use by the people in the internet.However,bitcoin is more valuable than usd Value is not everything in this case, because even if the value of bitcoin is higher but still USD will win the competition as the use of USD is more than bitcoin in the world, and if we convert all the bitcoins to dollars then that is possible but it wont be possible to convert all the dollars into bitcoin because bitcoin has a limited amount. I think the rate and prices will have an effect here, what makes bitcoin is more special than the dollar? certainly among many people would call that bitcoin prices are higher than the dollar right? if bitcoin does not have a higher price. I'm not sure people would be interested in bitcoin IMO It is because of its value. One more thing is there is only limited bitcoin to be mined and just like any other item that is limited e.g. paintings or cars they have a whooping value in the market for the demands. In popularization no doubt for US Dollar since bitcoin is only 6 years exist but in the near future bitcoin would be more popular and it will be more liking investment for the big investor. chances are if a bitcoin can not already in mine again for sure prices will soar, it's great for investment but will either rise or fall in the future because we cannot predict the future
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bamboylee
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October 25, 2016, 06:59:20 AM |
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If you compare price wise, then The Bitcoin is more popular than USD. But if you compare security wise USD is best in this world. Yup the USD is legal currency in all over the world and USD is paper money. But the BTC is just digital currency, and many countries does not aware about this currency. So according to me, USD is first next BTC.
Price does not determine popularity of bitcoin or USD. And about security, USD can be counterfeited, but can you say the same with bitcoin? I do not think you can generate bitcoin out of nowhere and include it in the chain.
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phreaky
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October 25, 2016, 07:16:13 AM |
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It is not more popular but what's sure is it's safer, better and pricier. Invest in bitcoin when you still can before Bitcoin take the leading role ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ! The supply of bitcoin is also much smaller than usd, As far as im aware usd can have practically an unlimited amount so is valued somewhat differently to bitcoin. The us dollar cant do anythuing about the bticoin becuase you cant comopete them to each other because i know for sure that they are not able to compete becazuse they are both the same/
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freedomgo
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October 25, 2016, 07:34:21 AM |
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If you compare price wise, then The Bitcoin is more popular than USD. But if you compare security wise USD is best in this world. Yup the USD is legal currency in all over the world and USD is paper money. But the BTC is just digital currency, and many countries does not aware about this currency. So according to me, USD is first next BTC.
Price does not determine popularity of bitcoin or USD. And about security, USD can be counterfeited, but can you say the same with bitcoin? I do not think you can generate bitcoin out of nowhere and include it in the chain. The increasing price will determine the popularity of bitcoin as when massive adoption happens the price will substantially increase and that is the sign that a certain asset is valuable and we are lucky we have bitcoins and we have been in the early stage to get the benefits in the future.
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Skaven
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October 25, 2016, 07:56:32 AM |
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The diollar versus ther bitcoin i dont know what to think about it becuase i know for sure that the bitcoin will last for ever and the dollar alaso they will be there in the future at the same time.
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Wandering Soul~
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Wolf
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October 25, 2016, 09:41:09 AM |
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is bitcoin more popular than US Dollar ?
Unfortunately NO, USD is far more popular than bitcoin. Just ask some of your friends about bitcoin and USD, All of them knows USD but only a few or even no one knows bitcoin. It will be nice if bitcoin gets as popular as USD in the future tho.
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icecube45
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October 25, 2016, 02:10:09 PM |
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No, bitcoin is no more popular than the US Dollar. We all already know that bitcoin is still popular and many people do not know bitcoin. In contrast to the US Dollar which greatly affect the price of other currencies. US Dollar is very well known to many people even around the world. US dollar is still more popular than the bitcoin.
yes that is a fact that bitcoin is really not so much popular as US Dollar is, but i think that both has their own value and importance and the popularity of bitocin is really increasing regularly as soon as more and more people are entering in the world of bitcoin. Yes bitcoin is not as popular as the US Dollar. Really like you said, that both have their own value. I believe bitcoin will be popular someday as digital currency. The popularity of bitcoin will not affect the US Dollar, it is because they are different.
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Malsetid
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October 25, 2016, 02:17:35 PM |
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No, bitcoin is no more popular than the US Dollar. We all already know that bitcoin is still popular and many people do not know bitcoin. In contrast to the US Dollar which greatly affect the price of other currencies. US Dollar is very well known to many people even around the world. US dollar is still more popular than the bitcoin.
yes that is a fact that bitcoin is really not so much popular as US Dollar is, but i think that both has their own value and importance and the popularity of bitocin is really increasing regularly as soon as more and more people are entering in the world of bitcoin. Yes bitcoin is not as popular as the US Dollar. Really like you said, that both have their own value. I believe bitcoin will be popular someday as digital currency. The popularity of bitcoin will not affect the US Dollar, it is because they are different. Yeah for the moment, and probably for the next few years, bitcoin will be gaining popularity and hopefully it will be accepted in more businesses but that won't be enough to even challenge the dollar. As most of you said, it's pretty much the dollar that every currency is based on. I don't really think btc and usd would clash, Btc most likely would be just an alternative option same as how credit cards are being used
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BitHodler
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October 25, 2016, 03:13:18 PM |
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No way dollar and others currencies will always be the most used currency, and bitcoin and crypto world wont replace those, crypto world can make a bit pressio to the current system of high fees readjust to the new way.
The low fee structure of Bitcoin (which is already changing) is the selling point that we all want to advertise with, but as we progress through the years, pools will more and more depend on the fee income. It basically means that the average fee will only increase in the coming years. Even to a certain level where we can't refer to Bitcoin's low fee structure anymore. We're underway already.
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BSV is not the real Bcash. Bcash is the real Bcash.
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Aamir1
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October 25, 2016, 03:19:52 PM |
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No way dollar and others currencies will always be the most used currency, and bitcoin and crypto world wont replace those, crypto world can make a bit pressio to the current system of high fees readjust to the new way.
The low fee structure of Bitcoin (which is already changing) is the selling point that we all want to advertise with, but as we progress through the years, pools will more and more depend on the fee income. It basically means that the average fee will only increase in the coming years. Even to a certain level where we can't refer to Bitcoin's low fee structure anymore. We're underway already. That is actually right, the more we will progress and the more bitcoins are mined then we will see a gradual increase in transaction fees which will not let us say this thing again that bitcoin has low fees, though it might have lesser fees than other currencies but it wont probably be as low as it is now.
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tee-rex
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October 25, 2016, 03:23:59 PM |
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No way dollar and others currencies will always be the most used currency, and bitcoin and crypto world wont replace those, crypto world can make a bit pressio to the current system of high fees readjust to the new way.
The low fee structure of Bitcoin (which is already changing) is the selling point that we all want to advertise with, but as we progress through the years, pools will more and more depend on the fee income. It basically means that the average fee will only increase in the coming years. Even to a certain level where we can't refer to Bitcoin's low fee structure anymore. We're underway already. Also, if Bitcoin is set to grow massively in the coming years, and that's what we are all looking for, the miners fees will grow proportionately as well when converted to dollars. Web wallets that don't charge these fees may help a lot in this regard, but they can start charging the fees any moment. Those that won't will naturally get an edge over those that will though, so there is still a hope.
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danherbias07
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October 25, 2016, 04:13:30 PM |
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No way dollar and others currencies will always be the most used currency, and bitcoin and crypto world wont replace those, crypto world can make a bit pressio to the current system of high fees readjust to the new way.
The low fee structure of Bitcoin (which is already changing) is the selling point that we all want to advertise with, but as we progress through the years, pools will more and more depend on the fee income. It basically means that the average fee will only increase in the coming years. Even to a certain level where we can't refer to Bitcoin's low fee structure anymore. We're underway already. Also, if Bitcoin is set to grow massively in the coming years, and that's what we are all looking for, the miners fees will grow proportionately as well when converted to dollars. Web wallets that don't charge these fees may help a lot in this regard, but they can start charging the fees any moment. Those that won't will naturally get an edge over those that will though, so there is still a hope. That fee wont still hurt a lot. They need it for there will be a lot of transaction and will be harder to monitor every single one of it. We can have a choice to pay smaller but slower or faster but expensive.
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voztata
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October 30, 2016, 06:37:42 PM |
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If you compare price wise, then The Bitcoin is more popular than USD. But if you compare security wise USD is best in this world. Yup the USD is legal currency in all over the world and USD is paper money. But the BTC is just digital currency, and many countries does not aware about this currency. So according to me, USD is first next BTC.
Price does not determine popularity of bitcoin or USD. And about security, USD can be counterfeited, but can you say the same with bitcoin? I do not think you can generate bitcoin out of nowhere and include it in the chain. Exactly, it is very unlikely you counterfeit bitcoin but I have seen on so many occasions when the dollar is counterfeited. For this reason one will even believe that bitcoin is the real and best currency to go for because people can not produce fake one.
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