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Author Topic: USD vs BTC  (Read 121099 times)
MMA
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March 04, 2017, 11:36:14 PM
Last edit: March 05, 2017, 02:52:05 AM by MMA
 #1181

We don't need to compare this two currency because they designed for their own purpose. If you ask me what will i choose for this two then there is no doubt that i will choose bitcoin because it is very profitable than us dollar and it gives me different opportunities to earn a lot of money rather than us dollar who just a fiat with less opportunities.
yes that is right that we do not need to compare bitcoin with any other currency either it is fiat or digital currency. bitcoin itself is a good currency and is becoming more and more stable as time pass. the users of bitcoin are increasing continuously and that is the reason that we can see that the price of bitcoin is also increasing. i hope that very soon bitcoin will become the main currency of the world and then people will be using bitcoin for both the online purpose as well as for offline purpose also.
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March 05, 2017, 12:51:40 PM
 #1182

We don't need to compare this two currency because they designed for their own purpose. If you ask me what will i choose for this two then there is no doubt that i will choose bitcoin because it is very profitable than us dollar and it gives me different opportunities to earn a lot of money rather than us dollar who just a fiat with less opportunities.
yes that is right that we do not need to compare bitcoin with any other currency either it is fiat or digital currency. bitcoin itself is a good currency and is becoming more and more stable as time pass. the users of bitcoin are increasing continuously and that is the reason that we can see that the price of bitcoin is also increasing. i hope that very soon bitcoin will become the main currency of the world and then people will be using bitcoin for both the online purpose as well as for offline purpose also.
The dollar has not yet said its last word. I think that no one will not drop the dollar. The fact that the fall the whole world economy, and this one will not do. In order to bring all the national currencies with articles, all you need to invest in property in addition to the bitcoin. And then the exchange will cost no casualties.
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March 05, 2017, 02:43:00 PM
 #1183

is bitcoin more popular than US Dollar ?

bitcoin is more popular than US dollars I agree with this, because the price of bitcoin that every year has increased very surprised the world market, although little by little but it continually, so amapai tititk highest at the end of the year, this is what causes bitcoin is more popular rather than the US dollar
That is not true, bitcoin is not that popular at least as lunch as the dollar, you don’t see bitcoin used as the world’s international market currency, for a long time the dollar has been the dominant on the market that is being used by the whole world and for the bitcoin to become so it needs to be acknowledged by all the governments of the world.
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March 05, 2017, 07:00:27 PM
 #1184

is bitcoin more popular than US Dollar ?

bitcoin is more popular than US dollars I agree with this, because the price of bitcoin that every year has increased very surprised the world market, although little by little but it continually, so amapai tititk highest at the end of the year, this is what causes bitcoin is more popular rather than the US dollar
That is not true, bitcoin is not that popular at least as lunch as the dollar, you don’t see bitcoin used as the world’s international market currency, for a long time the dollar has been the dominant on the market that is being used by the whole world and for the bitcoin to become so it needs to be acknowledged by all the governments of the world.

Yes, you are right about Bitcoin knows a very small number of people. And everyone knows about the dollar worldwide. Therefore, it is too early to say that Bitcoin will be able to replace the dollar. Perhaps in the distant future, but not now
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March 29, 2017, 10:00:20 PM
 #1185

is bitcoin more popular than US Dollar ?
It can't be deny that bitcoin now is popular but on this season of time I can say that its enough that bitcoin is popular than dollars, no its not still dollars is leading when it comes to popularity in the whole world.
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April 02, 2017, 09:16:25 PM
 #1186

is bitcoin more popular than US Dollar ?
It can't be deny that bitcoin now is popular but on this season of time I can say that its enough that bitcoin is popular than dollars, no its not still dollars is leading when it comes to popularity in the whole world.

The dollar is leading everywhere. And all over the world and in a single country. Bitcoin knows few people.
Therefore, it is not yet time to say that bitcoin has become more popular than the dollar
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April 02, 2017, 11:25:06 PM
 #1187

is bitcoin more popular than US Dollar ?

if must write is fact dollar still popular and above bitcoin
all people in the wold known dollar not online but offline too
bitcoin only in online known, and all people onliner not known, only make money online and bitcoin user is known bitcoin
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April 04, 2017, 07:41:31 AM
 #1188

is bitcoin more popular than US Dollar ?
Obviously no, Dollar is more popular than bitcoin what makes bitcoin popular is its price is, and so many people use dollars in their real life or for online uses.But we can't guarantee that this will be the case for the future.Bitcoin could be the most popular worldwide if Bitcoin conquer the world as expected.


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April 04, 2017, 08:40:51 AM
 #1189

Obviously, USD is more popular than Bitcoin. USD is here for like forever but bitcoin came in 2009. Bitcoin is still expanding.
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April 04, 2017, 09:29:27 AM
 #1190

is bitcoin more popular than US Dollar ?
Obviously no, Dollar is more popular than bitcoin what makes bitcoin popular is its price is, and so many people use dollars in their real life or for online uses.But we can't guarantee that this will be the case for the future.Bitcoin could be the most popular worldwide if Bitcoin conquer the world as expected.
Bitcoin is more popular in digital currency world, like that in the real world the dollar is more famous than Bitcoin. USD have more power than Bitcoin. We can use USD anywhere in the world without any restriction. And we can invest USD in any business, But we can't use Bitcoin like this. Bitcoin is only famous in dark web.
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April 04, 2017, 09:49:14 AM
 #1191

Obviously, USD is more popular than Bitcoin. USD is here for like forever but bitcoin came in 2009. Bitcoin is still expanding.

Yes, the US dollar is more popular because it is regulated by the state and was invented earlier. But bitcoin has every chance to replace it, only time is needed.
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April 04, 2017, 11:17:55 AM
 #1192

Obviously, USD is more popular than Bitcoin. USD is here for like forever but bitcoin came in 2009. Bitcoin is still expanding.

Yes, the US dollar is more popular because it is regulated by the state and was invented earlier. But bitcoin has every chance to replace it, only time is needed.
There is no chance for bitcoin to replace the dollar or any fiat because it is such a bad idea to replace the fiat because bitcoin can't sustain all the people needs in money because of the limited supply and if the users of bitcoin will become bigger and bigger then the network will be slower than before and it will be the cause for bitcoin to fell down and lose the game.
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April 04, 2017, 11:18:05 AM
 #1193

And do you know that there are a lot of people that are trying to buy USD and just store it until it grows.

Are you referring to people buying the USD to hedge their own weaker currency, or literally as you say "until it grows"? In case of the latter, I don't see how the USD, or basically any other fiat currency grows in value (aside from getting stronger or weaker compared to other currencies)

There is no literal growth unless you are trading currency indexes. The growth is always in respect to some other currency. Obviously, the point consists in buying dollars with local currency and selling when the exchange rate goes up. For many local currencies, it is a one way route mid to long term. People just convert into and keep most of their savings in the US dollar. If the dollar goes down, they just buy more dollars with their salaries and wages which they receive in the local currency. When the dollar eventually goes up (which is almost certain), they sell some dollars and spend the proceeds on their expenses

Mutual funds are doing basically the same (i.e. buying and selling dollars)
That is exactly what is happening. The mindset is that you have to wait for the dollar rate to drop and you purchase it. But the question is that bitcoin gets effected by the rate of dollar or not? And in my view rate of dollar effect the rate of bitcoin and rate of dollar effected the bitcoin too much if you see the price of bitcoin they are in dollar. So this is the prove which show that dollar rate have impact on bitcoin
I don't think that it is true that people are storing US dollar until it grows or if it is true they are just wasting their own time. A Fiat Currency's value is based on the economy of its country. With USA having an unsteady economy adding more pressure to it is having a President that has no experience on running a country I don't know where this country will go, also basing on the Global Competitiveness Report the USA has been #3 in the ranking from 2014-2017 beating by countries like Switzerland and Singapore we see that USA has become dormant in development based on this report. Also whatever currency you are holding for long term is not really profitable maybe if you consider trading it then you will see profit in the short term.
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April 04, 2017, 03:47:12 PM
 #1194

Obviously, USD is more popular than Bitcoin. USD is here for like forever but bitcoin came in 2009. Bitcoin is still expanding.

Yes, the US dollar is more popular because it is regulated by the state and was invented earlier. But bitcoin has every chance to replace it, only time is needed.

If the USD being regulated and being invented earlier is the actual reason why it is more popular, then bitcoin can never beat USD. It is a fact that USD is regulated and invented earlier. Bitcoin cannot change those facts.

I think it's worth stating that even though that is the case, bitcoin still has the chance to replace it because it is growing day by day and people love it. It doesn't need any government intervention to work, it is fast (although not yet lightning fast), it requires really low transaction fee, and you get to transact with a lot of people online. Since we spend most of our time online, you tend to have more connections to people that you've only met online and there's better opportunity of you having some real success online than in real life. Although of course that depends if you're good at computer related work.
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April 04, 2017, 05:50:41 PM
 #1195

if you say USD real money, curency of the US dollar, USD accepted for payment all countries in the world, only bitcoin digital curency, and still many countries that use it as the official currency of the country.
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April 07, 2017, 01:13:46 PM
 #1196

is bitcoin more popular than US Dollar ?

since this topic still appears to be active until now although it is posted for almost a year ago, maybe I can share my opinion . well if bitcoin is more popular than bitcoin then why does the US dollar still taking the lead of being more used in many countries and only a few people has been informed about the cryptocurrencies especially bitcoin . it has a potential to be used for a convenient transaction all over the world but the mass population still have no idea about it and I guess they would still choose USD over bitcoin as long as those people still aren't well informed .
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April 10, 2017, 02:27:57 AM
 #1197

bitcoin just my opinion compared to the US dollar is more dominant and more popular.
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April 10, 2017, 03:29:51 AM
 #1198

I choose BTC was definitely out of the US dollar
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April 10, 2017, 03:38:09 AM
 #1199

Obviously, USD is more popular than Bitcoin. USD is here for like forever but bitcoin came in 2009. Bitcoin is still expanding.

Yes, the US dollar is more popular because it is regulated by the state and was invented earlier. But bitcoin has every chance to replace it, only time is needed.
The fiat payment has included on the oldest payment method, no doubt if they're all still existing right now.
But can you give me a reason how bitcoin can replace the dollar, in another side The US securities is ignoring the door for bitcoin to enter in the US. it's not about a time but the permission by the government.

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April 10, 2017, 03:55:48 AM
 #1200

Bitcoin can never replace usd in near future as dollar is very strong and popular currency and it has support from the Government and it is the only currency which is accepted worldwide and I don't see that happening with bitcoin in coming years.

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