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Author Topic: USD vs BTC  (Read 121106 times)
Hellacopter
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November 19, 2016, 04:46:34 PM
 #761

Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin
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November 20, 2016, 07:10:28 AM
 #762

Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin

I also think that Bitcoin will get more traction in the future, but it would still mainly remain an alternative means of payment, primarily as a global reserve currency. It picks up where gold basically leaves. Gold is a perfect store of value but it is pretty much a hell in itself when it comes down to using it as means of exchange. Bitcoin is good in both of these functions.
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November 24, 2016, 05:16:33 PM
 #763

Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin

I also think that Bitcoin will get more traction in the future, but it would still mainly remain an alternative means of payment, primarily as a global reserve currency. It picks up where gold basically leaves. Gold is a perfect store of value but it is pretty much a hell in itself when it comes down to using it as means of exchange. Bitcoin is good in both of these functions.
When viewed from the perspective of the dollar is an international currency for almost all countries of the world, it is the currency bitcoin users with disabilities. Here on this basis we can make some conclusions already.
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November 24, 2016, 05:42:39 PM
 #764

Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin
If we assume that in the coming years, people will refuse to themselves by the use of paper money, and the dollar, too, will leave in the past. For digital waltzes future.
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November 24, 2016, 06:14:16 PM
 #765

Everything is denominated in dollars. The only way bitcoin gains an advantage over USD is when you're buying btc to try and acquire more USD (through price appreciation of the btc). When you're buying something, even if the price is denominated only in btc, you have to do the conversion to USD to know whether or not it is a good price, because the value of btc relative to USD changes so quickly.

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November 24, 2016, 06:16:51 PM
 #766

I tried to talk and explain about the future currency of his wife. So to answer I received word that our family is not always the dollars there, and bitcoin never will, if we go to him. So I do not even know what to choose and which currency is better.
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November 24, 2016, 06:40:58 PM
 #767

Everything is denominated in dollars. The only way bitcoin gains an advantage over USD is when you're buying btc to try and acquire more USD (through price appreciation of the btc). When you're buying something, even if the price is denominated only in btc, you have to do the conversion to USD to know whether or not it is a good price, because the value of btc relative to USD changes so quickly.
So no wonder I argued that without the bitcoin dollar there will be bad. For full use of th quality of its finance byudzheta better use of the dollar in tandem with bitcoin.
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November 24, 2016, 07:20:59 PM
 #768

If were that way, bolivar, from Venezuela would already been removed and replaced by bitcoin, be sure bitcoin wont replace any other currencie, bitcoin is an option to others, where you can use to store your local currency as well invest your savings at it, and be able to make  good returns with it.
Therefore it is better to bitcoin makes a profit, but to use a different currency, ie the US dollar as the time is well suited to the occasion.
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November 24, 2016, 07:56:55 PM
 #769

there is no way you can compare too different currency each one has its own market ,there is not that much of bitcoin bring used in the market for its unstable price there for it is not used as much as usd which has its fixed price and it is constantly being used all around the globe and every where
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November 24, 2016, 07:59:05 PM
 #770

Hello.

          What could be the effect on BTC price now that USD is going up and some analysts also attributed recent yuan weakness to concerns about Trump's calls for tariff and threatens to label China a currency manipulator.


Factories in China are doing double time, while in the US, the production of goods is not that good.
Even from our humble country, the Gov't began jumping to the Chinese side. Hope our President's speculations and predictions are gonna be reality, if not then God Bless the Philippines.


         More Yuan weakness ahead and Dollar to rise up said Andres Jaime.(global fx and rate strategist at Barclays)
I guess I will let the expert do his job and just follow and analyze more data for the coming end of the year.

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November 25, 2016, 06:34:05 AM
 #771

there is no way you can compare too different currency each one has its own market ,there is not that much of bitcoin bring used in the market for its unstable price there for it is not used as much as usd which has its fixed price and it is constantly being used all around the globe and every where
We have to if we are a trader, we must know how the currency performs so we can predict how it moves and we make profit. But comparing BTC to USD is a different thing and I have no comment on this one..

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November 25, 2016, 07:42:49 AM
 #772

No, bitcoin is not that popular as Dollar.
So, as far I as know only who are into gadgets like cellphone and more on into computer knows what is bitcoin, the value of it and its importance, unlike dollar, it has its “name” Dollar is the most popular in all fiat currencies, even if you do not use computer regular people knows what is the value of dollar and its importance to the economy especially for every country. Example, in some other country they based their economic status to the value of dollar, when it increase it rates the economic is so low and if it decreases the economic status of that country is getting well, so in case of bitcoin, does it affect the economic status of ones country? I guess not.
So for me Dollar is popular that bitcoin.
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November 25, 2016, 07:48:57 AM
 #773

is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.

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November 25, 2016, 07:51:21 AM
 #774

Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin

Though bitcoin has a quite good price or it will surely have a brighter future but it would still not be where the USD is today, bitcoin is still too young and it needs to face a lot of things ahead, now we will see if it can survive through this or not.
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November 25, 2016, 08:05:00 AM
 #775

Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin

Though bitcoin has a quite good price or it will surely have a brighter future but it would still not be where the USD is today, bitcoin is still too young and it needs to face a lot of things ahead, now we will see if it can survive through this or not.
Yeah. Too early to tell as bitcoin is not that too established yet. Although we' re seeing a pretty good rise in bitcoin's price, who knows what might happen. The price of bitcoin already dropped several times before and there's a chance it may happen again so you're right bitcoin will still go through a lot of struggles as it is still at a very young stage compared to the dollar

 
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November 25, 2016, 08:09:49 AM
 #776

is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
USD will be used on everyday life only in the United States. even you said every country respected USD but they still use their own local currencies rather than USD and just mainly use USD when importing stuff from other country or even when they're buying stuff on sites like ebay or amazon

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November 25, 2016, 04:07:50 PM
 #777

is bitcoin more popular than US Dollar ?

Usd is a universal currency . It is known and respected in every country while bitcoin is in dwveloping currency the userd where increasing in numbers but it will not absud or be over in bitcoin. It is only use now for trading online not like usd in everyday life.
USD will be used on everyday life only in the United States. even you said every country respected USD but they still use their own local currencies rather than USD and just mainly use USD when importing stuff from other country or even when they're buying stuff on sites like ebay or amazon

All countries also rely on USD currency. It's uses by my countries as a standard to get the value of countries local currency. It's physically used buy people who lives in US, but in other countries they also using it everyday for trading - stocks and exchange, etc.

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November 25, 2016, 04:11:20 PM
 #778

BTC is the best to use anytime and any where

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November 26, 2016, 03:55:41 AM
 #779

BTC is the best to use anytime and any where
Are you alright mate? Anywhere?? You must have something to back your statement, it's not available in areas where there's no internet.

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November 26, 2016, 05:49:00 AM
 #780

BTC is the best to use anytime and any where
Are you alright mate? Anywhere?? You must have something to back your statement, it's not available in areas where there's no internet.

Maybe what he meant by anywhere was you can use it no matter which country you are in. For example, here in the Philippines, people wouldn't accept your dollars. But if you're going to have a transaction with a fellow bitcoin user, you can use bitcoins. In addition, almost all civilized places have internet connection even the third world countries. I'm sure you're not having transactions in a mountain or something, so internet connection isn't a problem right now anymore.

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