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Author Topic: USD vs BTC  (Read 121106 times)
kreskko
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February 25, 2017, 10:45:05 AM
 #1121

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.

When bitcoin raise its price to $ 10k, as predicted by many users and experts in the world cryptocurrency, the bitcoin market no one will. Will only use the dollar.
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February 25, 2017, 11:18:57 AM
 #1122

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.

Why would you prefer with bitcoin? The main deal is bitcoin is depending it's price with dollar. But for me, they are both good and the best thing to do is always depend to both of them because they are one of the majority trading first choice of most of the trader. I do also agree that in the long term goal always go with bitcoin.
I totally agree with you. I do not give preference to whom it alone. I consider bitcoin as a commodity or product as you please, by which I earn dollars. And for dollars is already live. This simple and affordable.
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February 25, 2017, 11:37:04 AM
 #1123

is bitcoin more popular than US Dollar ?
No, bitcoin is not that popular as US dollar, but it has a reason why, because bitcoin just exist while dollar already exist for a really long time, counted as most used currency. Most of the operations, transfers done at US dollars, to be correct 70% of them. So it's kind of hard to beat dollar popularity. Bitcoin need some time to realize it self to became that popular as dollar


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olyaru
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February 25, 2017, 11:54:14 AM
 #1124

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.
Having read the comments already made findings that none of the users are not going to abandon the dollar in favor of bitcoin, and vice versa. It turns out that in most, everyone is happy at the same time, these two currencies.
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February 25, 2017, 12:08:02 PM
 #1125

No need to debate between bitcoin and US dollar, they are now both usefull. They just have only different characteristics that made them unique. When the time BTC was created, there is no currency should be abandoned. Dollar is making bitcoin popular and vice versa more popular in favor of USD.

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February 25, 2017, 12:43:47 PM
 #1126

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.
Having read the comments already made findings that none of the users are not going to abandon the dollar in favor of bitcoin, and vice versa. It turns out that in most, everyone is happy at the same time, these two currencies.
Definitely, It's kinda not wise when someone has made a decision to choose only one while we can actually choose both without abandoning each feature offered by these two things.
People who already convert their Dollars to bitcoin will eventually convert it back to Dollar, there's nothing wrong with it, they just seek the benefits of using both rather than being a fanatic.

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Mirconome
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February 25, 2017, 01:12:08 PM
 #1127

No need to debate between bitcoin and US dollar, they are now both usefull. They just have only different characteristics that made them unique. When the time BTC was created, there is no currency should be abandoned. Dollar is making bitcoin popular and vice versa more popular in favor of USD.
I, too, almost can not see the difference between the dollar and the bitcoin. Because each of these currencies their fans and everyone is doing everything in their favor, and therefore has its sights set on the future and on the dollar and prospects of bitcoin.
hase0278
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February 25, 2017, 01:16:44 PM
 #1128

In my opinion bitcoin is not even as popular as US Dollar yet. I think it ain't since it is not widely used right now by many people only a percent of the world's population use it but many knows it but thinks of it in a bad way. US Dollar on the other hand was trusted by many since it was fiat currency but soon in the near future though bitcoin might be more popular than US Dollar but it is still a possibility in the future.
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February 25, 2017, 02:51:08 PM
 #1129

In my opinion bitcoin is not even as popular as US Dollar yet. I think it ain't since it is not widely used right now by many people only a percent of the world's population use it but many knows it but thinks of it in a bad way. US Dollar on the other hand was trusted by many since it was fiat currency but soon in the near future though bitcoin might be more popular than US Dollar but it is still a possibility in the future.

Well this shouldn't even be argument at this time at all. Bitcoin will grow and evolve and most possibly become the main digital currency which is accepted by most people around the world. But it can't compete with the dollar or with any other fiat currency as they would have different use. The dollar will always be relevant and no other currency will shake it's hold out of the market.


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phr0stbyt3
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February 25, 2017, 03:21:08 PM
 #1130

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.
You can't compare the popularity of bitcoin with dollars. Only 20% of Americans will actually be aware of bitcoin and you can't blame them at all as most of the mainstream media doesn't want many people to be aware of bitcoins. Even though bitcoin has better features unfortunately it is never going to replaced in place of dollars.
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February 25, 2017, 03:27:08 PM
 #1131

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.
You can't compare the popularity of bitcoin with dollars. Only 20% of Americans will actually be aware of bitcoin and you can't blame them at all as most of the mainstream media doesn't want many people to be aware of bitcoins. Even though bitcoin has better features unfortunately it is never going to replaced in place of dollars.

In short term it won't replace Dollars, but we don't know in the far future what will really happen... Technology advances everytime and lead us to new times we can't imagine now. Tomorrow is uncertain.

I believe the Bitcoin adoption is still low now because it's not used as normal currency, most used by speculate investors. Many people still fear to use Bitcoins because the security features, they aren't sure their money is really safe this way.

 
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February 25, 2017, 06:43:49 PM
 #1132

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.
You can't compare the popularity of bitcoin with dollars. Only 20% of Americans will actually be aware of bitcoin and you can't blame them at all as most of the mainstream media doesn't want many people to be aware of bitcoins. Even though bitcoin has better features unfortunately it is never going to replaced in place of dollars.

I agree with you completely. The popularity of Bitcoin is growing, but compared to the dollar, it is still very small. These currencies still can not be compared in popularity
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February 25, 2017, 06:47:44 PM
 #1133

is bitcoin more popular than US Dollar ?

I think us dollar are more popular then bitcoin. Btc are not mainstream, most of people doesn't know anything about it, if you offer 100 btc or 10000 dollars to some strangers they will prefer of course the dollars Wink
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February 25, 2017, 08:43:56 PM
 #1134

is bitcoin more popular than US Dollar ?

I think us dollar are more popular then bitcoin. Btc are not mainstream, most of people doesn't know anything about it, if you offer 100 btc or 10000 dollars to some strangers they will prefer of course the dollars Wink

I agree with you. Who knows about Bitcoin very few people. But I am sure that with them will become more and more every year. Now the dollar has a leading position
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February 25, 2017, 08:52:05 PM
 #1135

is bitcoin more popular than US Dollar ?

When you talk about the popularity, bitcoin can not be compared to the US dollar. Because bitcoin including the new currency ( since 2009 ) while the US dollar currency that has been around a long time. There are other factor like bitcoin works crypto which only people who Able to access the Internet that can use bitcoin. While the US dollar is a fiat currency, everyone can use it easily.

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February 25, 2017, 09:49:54 PM
 #1136

is bitcoin more popular than US Dollar ?

When you talk about the popularity, bitcoin can not be compared to the US dollar. Because bitcoin including the new currency ( since 2009 ) while the US dollar currency that has been around a long time. There are other factor like bitcoin works crypto which only people who Able to access the Internet that can use bitcoin. While the US dollar is a fiat currency, everyone can use it easily.

Indeed. You are correct sir, they are both popular but in different terms only. Bitcoin so far is not that visible popular as Dollar has right now, and we can't deny it. Bitcoin is only popular now in terms of technology in the internet, or Crypto world/ cryptocurrency/digital currency, while dollar is very popular in all nation and accepted as there currency too.
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February 25, 2017, 11:26:08 PM
 #1137

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.

Why would you prefer with bitcoin? The main deal is bitcoin is depending it's price with dollar. But for me, they are both good and the best thing to do is always depend to both of them because they are one of the majority trading first choice of most of the trader. I do also agree that in the long term goal always go with bitcoin.
I totally agree with you. I do not give preference to whom it alone. I consider bitcoin as a commodity or product as you please, by which I earn dollars. And for dollars is already live. This simple and affordable.
in fact currently we cannot depend on bitcoin totally, because bitcoin is still not available in all the shops and cannot complete our requirement and therefore we are still depending on fiat and using both bitcoin and fiat also.
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February 25, 2017, 11:28:44 PM
 #1138

I think dollar is more popular, because it was used in many country and its tangible, some people prefer something that they can hold, example fiat or gold and usd has been known for generation and been used by all people in the world without being banned, while bitcoin is just pop out not more than 10 years, so i think bitcoin still need time to develop and become as famous as dollar.

But btc is future
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February 26, 2017, 09:02:06 AM
 #1139

In my opinion bitcoin is not even as popular as US Dollar yet. I think it ain't since it is not widely used right now by many people only a percent of the world's population use it but many knows it but thinks of it in a bad way. US Dollar on the other hand was trusted by many since it was fiat currency but soon in the near future though bitcoin might be more popular than US Dollar but it is still a possibility in the future.

Well this shouldn't even be argument at this time at all. Bitcoin will grow and evolve and most possibly become the main digital currency which is accepted by most people around the world. But it can't compete with the dollar or with any other fiat currency as they would have different use. The dollar will always be relevant and no other currency will shake it's hold out of the market.
Well yeah you got a point. Maybe in the future, bitcoin will be popular but it will be used like credit card but it's a lot safer since giving it out is not that risky since one can just give your credit card details with stranger to pay while bitcoin address cannot be given by a stranger to another people to pay, and he would need to have an access to your btc wallet first before doing that so the flaw of credit card is solved by bitcoin which I see would make it more popular.
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February 26, 2017, 09:02:58 AM
 #1140

As it is, now way, the parity doesn't count as being 'more popular'

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