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gabmen
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February 16, 2017, 06:36:31 AM |
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Bitcoin is not so much reinventing the wheel, although it may in the currency markets as it is setting the established wheel of the Internet in an exciting new direction. This potential will take another few years to realize fully how far Bitcoin value can go, but it is moving upward and onward, and the world is starting to take notice.
You're right there. Btc is moving in the right direction in benefit to its users. Though it's still not that estsblished and used by a lot people for us to consider it competing with the usd or any other real global currency. Btc being a digital currency may very well be in a different use for us in the future, much like that of how we use credit cards today. |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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grandy
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February 16, 2017, 09:02:11 AM |
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Bitcoin is very new currencie, and some people are already storing their savings into bitcoin instead let them at banks or invested at dollar. Dollars is a well know currencie and powerful, people does trust in dollar in the general, people over the world does buy and hold dollars since their currencie is weak, soo they store dollars and wait, while their currencie loose value dollars can keep strong for a long period.
I agree that the new currency bitcoin, and she probably great promise, but if you really look at things, you need to understand that the dollar today dictates the terms on the financial market. USA is a leader in the world and the other state of the national currency should not be. yes there is no doubt about this that the new emerging currency is bitcoin, but we also have to accept the fact that USD is still the most pormanant currency of the world. and still most of the strongest countries have full support to USD. |
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Oralmat
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February 16, 2017, 11:41:18 AM |
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if in my place dollar as still more famous than the bitcoin, because here are still very few people who know about bitcoin because the wearer is still rare
But you know, investment wise bitcoin is more profitable than dollar, that's why i vote for bitcoin than dollar. But you are also right dollar is more famous than bitcoin. Because of bitcoin is still new and also have no spend a lot of time like dollar. But both are good for us in their own ways, bitcoin is best for other than crypto currencies and dollar is best in all fiat currencies. |
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Xenophoto
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February 16, 2017, 12:32:51 PM |
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Bitcoin is not so much reinventing the wheel, although it may in the currency markets as it is setting the established wheel of the Internet in an exciting new direction. This potential will take another few years to realize fully how far Bitcoin value can go, but it is moving upward and onward, and the world is starting to take notice.
You're right there. Btc is moving in the right direction in benefit to its users. Though it's still not that estsblished and used by a lot people for us to consider it competing with the usd or any other real global currency. Btc being a digital currency may very well be in a different use for us in the future, much like that of how we use credit cards today. That can be seen as a bad thing as well. It's benefiting its users when the price is increasing. On the other hand, it's slowly becoming a disadvantage to a non-bitcoin user. Supposed that bitcoin goes $25,000 each. If someone's trying to join the bitcoin world, he'll be overwhelmed by the price and think that he's "too late for the party". When the price of bitcoin blows up, the newcomers would be thinking how did this happen? And might even think greatly that it's a scam because of the insane price per coin. You can say that bitcoin can also be acquired in small chunks (i.e. mBtc) but people would still look at the price of 1BTC as it's the unit of bitcoin. |
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Taki
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February 16, 2017, 12:58:32 PM |
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if in my place dollar as still more famous than the bitcoin, because here are still very few people who know about bitcoin because the wearer is still rare
I think even in the United States not so much people know about bitcoin. Bitcoin is not so known in general yet. But if to talk about bitcoin vs dollar I would say that bitcoin could remove all minuses of fiat and took all pluses from this fiat. |
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Gameroid
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February 16, 2017, 06:23:42 PM |
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Bitcoin is very new currencie, and some people are already storing their savings into bitcoin instead let them at banks or invested at dollar. Dollars is a well know currencie and powerful, people does trust in dollar in the general, people over the world does buy and hold dollars since their currencie is weak, soo they store dollars and wait, while their currencie loose value dollars can keep strong for a long period.
I agree that the new currency bitcoin, and she probably great promise, but if you really look at things, you need to understand that the dollar today dictates the terms on the financial market. USA is a leader in the world and the other state of the national currency should not be. yes there is no doubt about this that the new emerging currency is bitcoin, but we also have to accept the fact that USD is still the most pormanant currency of the world. and still most of the strongest countries have full support to USD. yes there is no doubt about this that bitcoin is one of the most powerful currency of the fiat world. but in fact bitcoin is also the number one currency of the digital world. bitcoin is also now becoming more and more popular because the number of bitcoin users are increasing continuously and now people are understanding the importance of bitcoin. they are now getting benefit from bitcoin and therefore we can hope that bitcoin will be the number one currency of the world. |
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agamasrori
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February 16, 2017, 10:32:10 PM |
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if in my place dollar as still more famous than the bitcoin, because here are still very few people who know about bitcoin because the wearer is still rare
I think even in the United States not so much people know about bitcoin. Bitcoin is not so known in general yet. But if to talk about bitcoin vs dollar I would say that bitcoin could remove all minuses of fiat and took all pluses from this fiat. I agree for popularity USD is better than bitcoin, but in terms of usage, bitcoin is better than the USD or other fiat. bitcoin prices that continue to rise will attract people's attention, I think the popularity of bitcoin will continue to grow. |
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traderMax
Member
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Activity: 79
Merit: 10
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February 21, 2017, 09:58:27 PM |
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If I compare the dollar with the bitcoin my preference would be the bitcoin in the of course. Profit and loss analysis is required when selecting investment instruments. The risk situation needs to be assessed.
For me, bitcoin is a good investment tool both in short term and long term.
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Rinder
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February 22, 2017, 12:17:23 AM |
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if in my place dollar as still more famous than the bitcoin, because here are still very few people who know about bitcoin because the wearer is still rare
Dollar will be always the most famous and one of the must powerful currencies, bitcoin is showing up and it can be an option for the future, it bringed inovation that made some big companies as banks to consider improve their own system, because they were able to see the waste they were having with internal transactions. |
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Xapodat
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Activity: 35
Merit: 0
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February 22, 2017, 04:49:52 PM |
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if in my place dollar as still more famous than the bitcoin, because here are still very few people who know about bitcoin because the wearer is still rare
Dollar will be always the most famous and one of the must powerful currencies, bitcoin is showing up and it can be an option for the future, it bringed inovation that made some big companies as banks to consider improve their own system, because they were able to see the waste they were having with internal transactions. Dollar could be replaced by bitcoin in 10 to 50 years. |
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bajing
Legendary
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Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
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February 22, 2017, 05:39:59 PM |
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if in my place dollar as still more famous than the bitcoin, because here are still very few people who know about bitcoin because the wearer is still rare
I guess not only in the place where you live but in the most of the world usd dollar still be the famous currency even the people from america and europe much use bitcoin but im sure they still choose to save their money in form usd dollar as a investments. |
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Dizaster2015
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February 22, 2017, 06:11:51 PM |
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if in my place dollar as still more famous than the bitcoin, because here are still very few people who know about bitcoin because the wearer is still rare
I guess not only in the place where you live but in the most of the world usd dollar still be the famous currency even the people from america and europe much use bitcoin but im sure they still choose to save their money in form usd dollar as a investments. All of this suggests that it is impossible to oppose Dollar and Bitcoin. They need to be used together. This will lead to the accumulation of capital |
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angaper
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February 22, 2017, 06:19:17 PM |
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Actually it is totally irrelevant to compare the popularity of both currencies because there are much more important features that makes the bitcoin better than the dollar, and working seriously to improve the technical issues that bitcoin has today, I have no doubt that it would lead the bitcoin to gradually displace the current popularity of the American dollar around the world.
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Alfa123
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February 22, 2017, 07:43:46 PM |
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Actually it is totally irrelevant to compare the popularity of both currencies because there are much more important features that makes the bitcoin better than the dollar, and working seriously to improve the technical issues that bitcoin has today, I have no doubt that it would lead the bitcoin to gradually displace the current popularity of the American dollar around the world.
I do not agree with you. Bitcoin is much better than the Fiat, but it does not have the government support. The government treats him wary. This means that it will never approve Bitcoin and will not allow to replace the dollar |
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traderMax
Member
Offline
Activity: 79
Merit: 10
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February 24, 2017, 10:53:44 PM |
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Actually it is totally irrelevant to compare the popularity of both currencies because there are much more important features that makes the bitcoin better than the dollar, and working seriously to improve the technical issues that bitcoin has today, I have no doubt that it would lead the bitcoin to gradually displace the current popularity of the American dollar around the world.
I do not agree with you. Bitcoin is much better than the Fiat, but it does not have the government support. The government treats him wary. This means that it will never approve Bitcoin and will not allow to replace the dollar That's why bitcoin is already valuable. The dollar is just a money. But bitcoin has much more than money. It completes a lot of lack with innovations. Bitcoin offers far more than the dollar. |
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ufaiz50
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February 25, 2017, 01:12:07 AM |
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Actually it is totally irrelevant to compare the popularity of both currencies because there are much more important features that makes the bitcoin better than the dollar, and working seriously to improve the technical issues that bitcoin has today, I have no doubt that it would lead the bitcoin to gradually displace the current popularity of the American dollar around the world.
I do not agree with you. Bitcoin is much better than the Fiat, but it does not have the government support. The government treats him wary. This means that it will never approve Bitcoin and will not allow to replace the dollar That's why bitcoin is already valuable. The dollar is just a money. But bitcoin has much more than money. It completes a lot of lack with innovations. Bitcoin offers far more than the dollar. yes bitcoin has the advantage not possessed fiat but fiat supported by the government and legal currency, it's makes fiat easier to use is inversely related to bitcoin. in fact it is not fair to compare different currencies ( not real & real ) |
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Bops
Newbie
Offline
Activity: 14
Merit: 0
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February 25, 2017, 01:37:28 AM |
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Well bitcoin market cap is $18,948,047,807 and here are 1.2 trillion USD ($1,200,000,000,000) in circulation, so they are missing some zeros  , but Bitcoin has larger market cap than many national currencies https://pbs.twimg.com/media/CysEXUUXEAAOJpQ.jpg |
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tabas
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February 25, 2017, 01:41:59 AM |
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Well bitcoin market cap is $18,948,047,807 and here are 1.2 trillion USD ($1,200,000,000,000) in circulation, so they are missing some zeros , but Bitcoin has larger market cap than many national currencies  Yes that's for real that bitcoin has larger market cap and it's more valuable for us other than other local currencies. Also in investments with bitcoin, if you are going to hold bitcoin you are already into chance of getting profit when it increased it's price. But in USD it can be eaten by inflation if you are going to keep on holding it. |
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asriloni
Legendary
Offline
Activity: 2996
Merit: 1023
Leading Crypto Sports Betting & Casino Platform
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February 25, 2017, 04:25:30 AM |
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Actually it is totally irrelevant to compare the popularity of both currencies because there are much more important features that makes the bitcoin better than the dollar, and working seriously to improve the technical issues that bitcoin has today, I have no doubt that it would lead the bitcoin to gradually displace the current popularity of the American dollar around the world.
I do not agree with you. Bitcoin is much better than the Fiat, but it does not have the government support. The government treats him wary. This means that it will never approve Bitcoin and will not allow to replace the dollar That's why bitcoin is already valuable. The dollar is just a money. But bitcoin has much more than money. It completes a lot of lack with innovations. Bitcoin offers far more than the dollar. yes bitcoin has the advantage not possessed fiat but fiat supported by the government and legal currency, it's makes fiat easier to use is inversely related to bitcoin. in fact it is not fair to compare different currencies ( not real & real ) It's easy to take a difference between bitcoin and fiat. who has made the fiat currency? government. Who makes a legalsm for fiat currency? government. the government is behind all of the fiat thing. |
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kwuccduck
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February 25, 2017, 10:07:41 AM |
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Well bitcoin market cap is $18,948,047,807 and here are 1.2 trillion USD ($1,200,000,000,000) in circulation, so they are missing some zeros , but Bitcoin has larger market cap than many national currencies Yes that's for real that bitcoin has larger market cap and it's more valuable for us other than other local currencies. Also in investments with bitcoin, if you are going to hold bitcoin you are already into chance of getting profit when it increased it's price. But in USD it can be eaten by inflation if you are going to keep on holding it. How not cool, but the dollar is still on top of the financial iceberg and I believe that it will not work to lose. And if you consider bitcoin and the dollar as competitors, they are very helpful with me. |
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