MingLee
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November 26, 2016, 06:00:27 AM |
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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. Actually, now that a lot of other countries have started to grow, economically speaking, and the US is losing its absolute grip on the economies of the world, more countries are branching out and are looking to get out of the USD trade. Right now China is making deals with other countries outside of the USD in the Yuan, and its probably a good step, in its own right. A good shakeup for the USD is something that they probably need.
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Positid
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BULL RUN until 2030
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November 26, 2016, 07:23:07 AM |
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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. Actually, now that a lot of other countries have started to grow, economically speaking, and the US is losing its absolute grip on the economies of the world, more countries are branching out and are looking to get out of the USD trade. Right now China is making deals with other countries outside of the USD in the Yuan, and its probably a good step, in its own right. A good shakeup for the USD is something that they probably need. Under the situation, they need bitcoin to avoid losing their money. In every fall of the economy of a country it's fiat are depreciate it's value and that is one of the reason why they will have to put their money with bitcoin which will result to demand that creates good price. Bitcoin can certainly help an investor whether what place we are living, we just have to be smart.
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jondeen707
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November 26, 2016, 08:15:55 AM |
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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. Actually, now that a lot of other countries have started to grow, economically speaking, and the US is losing its absolute grip on the economies of the world, more countries are branching out and are looking to get out of the USD trade. Right now China is making deals with other countries outside of the USD in the Yuan, and its probably a good step, in its own right. A good shakeup for the USD is something that they probably need. I agree to that. USD has been losing some of its grip on the global finance. But that only does good to the world economy in general. Still USD is far and away the strongest currency in the world.
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Betwrong
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I stand with Ukraine.
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November 26, 2016, 04:46:37 PM |
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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. Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately.
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raja2sumi
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November 26, 2016, 04:49:35 PM |
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btc would kill the market eventually and i wwould never prefer btc over usd when we have inr in india .thanks to indian goverment .
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tee-rex
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November 26, 2016, 04:59:35 PM |
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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. Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately. These are few and far in between. Regarding people losing trust in the US dollar, I think many other fiat currencies would first have to lose this trust in them, and the dollar will be the last to fall. But even without the dollar going belly up, other currencies may contribute greatly to Bitcoin popularity. I mean when they all start crashing down, and it will the American dollar against which they will be losing.
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Mastsetad
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November 26, 2016, 05:15:52 PM |
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Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately.
There aren't any shops or hotels around my country where we can pay with bitcoins, but yes, who knows, maybe after a few years in my country i would see places accepting bitcoin which may make it quite a more usable asset for all of us living here.
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usefrees
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November 26, 2016, 05:21:43 PM |
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Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately.
There aren't any shops or hotels around my country where we can pay with bitcoins, but yes, who knows, maybe after a few years in my country i would see places accepting bitcoin which may make it quite a more usable asset for all of us living here. too, there is nothing like this in my country. Bitcoin is therefore only used for investment and trade. But the dollar can buy anything. The national currency is valued less than a dollar.
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ged00u
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November 26, 2016, 05:27:34 PM |
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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. Damn, i have to admit that you are damn right. Bitcoin is still being developing and it needs more time to assert that it can bring benefits to human. At present, USD is being used widely around this planet and it is no doubt that USD is Bitcoin's toughest challenge.
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South Park
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November 26, 2016, 05:28:15 PM |
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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. Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately. These are few and far in between. Regarding people losing trust in the US dollar, I think many other fiat currencies would first have to lose this trust in them, and the dollar will be the last to fall. But even without the dollar going belly up, other currencies may contribute greatly to Bitcoin popularity. I mean when they all start crashing down, and it will the American dollar against which they will be losing. I disagree a little bit with this obviously some currencies are going to fail before the dollar but I think the dollar is going to fail eventually, it does not need to happen tomorrow but it will happen at some point in the future probably in some decades, and when that happens all the currencies are going to fail as well.
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Bitcoinsummoner
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November 26, 2016, 05:50:04 PM |
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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. Actually Bitcoin is used not only for trading online. There are shops, bars and even some hotels accepting payment in BTC. But of course USD is much more popular so far, no doubt about that. We'll see what happens in the future when people will start losing their trust in US Dollar, but even then Bitcoin will not be more popular than USD, with time maybe but not immediately. These are few and far in between. Regarding people losing trust in the US dollar, I think many other fiat currencies would first have to lose this trust in them, and the dollar will be the last to fall. But even without the dollar going belly up, other currencies may contribute greatly to Bitcoin popularity. I mean when they all start crashing down, and it will the American dollar against which they will be losing. I disagree a little bit with this obviously some currencies are going to fail before the dollar but I think the dollar is going to fail eventually, it does not need to happen tomorrow but it will happen at some point in the future probably in some decades, and when that happens all the currencies are going to fail as well. Well here in my country our fiat here gradually fall every few month's and i hope that it will not happen in this following year.. We are the next from poorest country and i hope that we will not be the same as like other countries.. Us dollar sometimes your right that it can be fail but few effects.. i think if us dollar will the other country are not it is depends in also demand and other 2 factor. that you can check the 3 factor here http://www.investopedia.com/articles/forex/09/factors-drive-american-dollar.asp
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Vikingr
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November 26, 2016, 06:09:02 PM |
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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. yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc.
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TheGodFather
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November 27, 2016, 07:28:59 AM |
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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. yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc. yep. that's what i love about bitcoins it's more applicable all over the world than other currency because in us dollar you're gonna need to change it first on money changer before you could use it if you're not living in united states. and i heard that there's a company that accepting bitcoins as their method in their transactions that's why i preferred bitcoins than us dollar
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CyberKuro
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November 27, 2016, 08:31:50 AM |
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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. yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc. In just 7 years bitcoin could reach this state, not so famous in every country but pretty good for everyone that notice and follow the development of the international economy, they should know and interested into bitcoin investment. I agree that bitcoin not so popular as USD but has faster increasing of adoption and value . Depend on what your definition and perspective of 'popular' I think bitcoin could be more popular than USD.
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MTBTT
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November 27, 2016, 09:03:35 AM |
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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. yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc. I think both of them have in common bitcoin and the dollar is accepted in many countries, but that is to be special for bitcoin bitcoin compared to the dollar is not controlled by anyone and you're free to do anything with bitcoin
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Kotone
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November 27, 2016, 11:40:51 AM |
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Everyone who has a Bitcoin looks forward to its growth. If the dollar is unstable, the people are more interested in Bitcoin. This can trigger the growth of prices for cryptocurrency
Bitcoin is really fast growing and dollars are getting strong too but people are more intertested using bitcoin because of it's benifit we can trade our bitcoin into another currency or altcoins to grow our bitcoin.
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markyminer
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November 27, 2016, 04:08:15 PM |
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Everyone who has a Bitcoin looks forward to its growth. If the dollar is unstable, the people are more interested in Bitcoin. This can trigger the growth of prices for cryptocurrency
Bitcoin is really fast growing and dollars are getting strong too but people are more intertested using bitcoin because of it's benifit we can trade our bitcoin into another currency or altcoins to grow our bitcoin. yes that is right to say and people are interested because the price is not stable and you can always get chance to making money, therefore people like to invest in bitcoin specially in present time when the price of bitcoin is continuously increasing.
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Doamader
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November 27, 2016, 05:21:49 PM |
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In the most countries dollars is used as asset, like gold and silver, and its something that looks like cant fail, and if it does it will be a low lost over the value, i remember 1 dollar=1.30 euro, as well 2.50 brazilian real, nowadays the rates are scaring if you check them. Bitcoin has a huge potencial as investement for medium long period, even at short period you can make money just because you have bitcoin. But dollar is main currency of all transactions made between countries, bitcoin is very tinny and not recognized as currencie yet.
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South Park
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November 27, 2016, 05:41:23 PM |
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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. yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc. yep. that's what i love about bitcoins it's more applicable all over the world than other currency because in us dollar you're gonna need to change it first on money changer before you could use it if you're not living in united states. and i heard that there's a company that accepting bitcoins as their method in their transactions that's why i preferred bitcoins than us dollar Well, there are countries where you can use dollars in daily life and in a lot of countries with important tourism you can use dollars in the tourist zone without any problems.
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freedomgo
Legendary
Offline
Activity: 3150
Merit: 1148
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November 28, 2016, 06:17:02 AM |
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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. yes currently bitcoin is in developing stage but you can notice that the speed of its development is much faster than any other traditional currency even faster than the development of USD and I have noticed one more thing that USD is used only by those who have to transact or shop internationally while bitcoin is adopted even for local use like for holding for future as trade assets etc. yep. that's what i love about bitcoins it's more applicable all over the world than other currency because in us dollar you're gonna need to change it first on money changer before you could use it if you're not living in united states. and i heard that there's a company that accepting bitcoins as their method in their transactions that's why i preferred bitcoins than us dollar Well, there are countries where you can use dollars in daily life and in a lot of countries with important tourism you can use dollars in the tourist zone without any problems. That's because dollar is popular and most countries accept dollars, in our country dollar has a good value versus our currency and when I earn here it has a good conversion.
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