USD vs BTC

[ilovefeetsmell]

is bitcoin more popular than US Dollar ?

For my own opinion, I think it is Yes. Bitcoin becomes more popular because it dominates other fiat currency and most of the people use the bitcoin as their medium of transaction. USD now become less powerful than Bitcoin. There are many reasons to dicuss. As a user of bitcoin, we all know that is is easy to use, easy to earn and more profitable. It is our chance to make our money more profitable.

[X-ray]

The good thing about bitcoin is that you can hold it and make money with it as the price goes up.

The bad thing is the constant drama.

The good thing about USD is that you can hold it and the price is stable.

The bad thing is inflation etc.

I agree with you. Each of these currencies has advantages and disadvantages. But I would not oppose these currencies. They are just different and you need to be able to use them together

One good thing about Bitcoin is that it is a new technology that has a lot of potential. The US dollar is already established and will be around for a very long time but Bitcoin is high risk but high reward if it is successful.

IMO, bitcoin is the development from the previous idea. If someone is trying to compare bitcoin against the dollar and he must realize if the main thing if bitcoin still pegged on the dollar's value. Dollar makes the bitcoin alive and has a lot of value right now. The domination of dollar give more power for bitcoin to make a domination for another currency.

[zulkarnaen]

Highest digital currency bitcoin has good prospects, while the real currency USD which have a legal widely used in many countries, both have the same function regardless of the legality of the different

[ankit10]

Till now bitcoin is not much popular than USD because USD is almost known in very country and every people know about usd,but in case of bitcoin only people who are at online only know about that but government accepting bitcoin may increase popularity of bitcoin

[deisik]

The good thing about bitcoin is that you can hold it and make money with it as the price goes up.

The bad thing is the constant drama.

The good thing about USD is that you can hold it and the price is stable.

The bad thing is inflation etc.

I agree with you. Each of these currencies has advantages and disadvantages. But I would not oppose these currencies. They are just different and you need to be able to use them together

One good thing about Bitcoin is that it is a new technology that has a lot of potential. The US dollar is already established and will be around for a very long time but Bitcoin is high risk but high reward if it is successful.

IMO, bitcoin is the development from the previous idea. If someone is trying to compare bitcoin against the dollar and he must realize if the main thing if bitcoin still pegged on the dollar's value. Dollar makes the bitcoin alive and has a lot of value right now. The domination of dollar give more power for bitcoin to make a domination for another currency

Saudi Arabian Rial is pegged to the dollar

I guess you should first realize what the word "pegged" actually means. Nevertheless, if you meant to say that Bitcoin somehow depends on the US dollar, you should necessarily accept that it also depends on all other currencies in which its price is quoted. Here you should start feeling doubts if your claim actually has any connection with reality and whether it is not in the same line of claims like, for example, the one which asserts that apples and oranges depend on the dollar for which they are sold

[karinaA]

Till now bitcoin is not much popular than USD because USD is almost known in very country and every people know about usd,but in case of bitcoin only people who are at online only know about that but government accepting bitcoin may increase popularity of bitcoin

I'm not sure that bitcoin will someday be as popular as the dollar. They do not need to be compared. Bitcoin is an alternative coin. Not everyone will use bitcoin. It's all about trusting

[Japinat]

Till now bitcoin is not much popular than USD because USD is almost known in very country and every people know about usd,but in case of bitcoin only people who are at online only know about that but government accepting bitcoin may increase popularity of bitcoin

I'm not sure that bitcoin will someday be as popular as the dollar. They do not need to be compared. Bitcoin is an alternative coin. Not everyone will use bitcoin. It's all about trusting

Yeah, and I don't think we can have the same trust like how people trust fiat or USD for our bitcoin, right now the number of users is relatively low compared to the users of USD which I believe the most popular legal currency in this world. Bitcoin is a success already and there is no need to think of beating USD as in the end we will need fiat to convert our bitcoins.

[batang_bitcoin]

Highest digital currency bitcoin has good prospects, while the real currency USD which have a legal widely used in many countries, both have the same function regardless of the legality of the different

That's why I love to use them both and the main exchange currency for bitcoin is USD. So for us who are in bitcoin economy, this is a very important currency and most of the currencies are depending each of their economic situation with USD. And right now, when it comes to investment I'll always prefer to go with bitcoin.

[jaysabi]

The good thing about bitcoin is that you can hold it and make money with it as the price goes up.

The bad thing is the constant drama.

The good thing about USD is that you can hold it and the price is stable.

The bad thing is inflation etc.

I agree with you. Each of these currencies has advantages and disadvantages. But I would not oppose these currencies. They are just different and you need to be able to use them together

One good thing about Bitcoin is that it is a new technology that has a lot of potential. The US dollar is already established and will be around for a very long time but Bitcoin is high risk but high reward if it is successful.

IMO, bitcoin is the development from the previous idea. If someone is trying to compare bitcoin against the dollar and he must realize if the main thing if bitcoin still pegged on the dollar's value. Dollar makes the bitcoin alive and has a lot of value right now. The domination of dollar give more power for bitcoin to make a domination for another currency.

The word "pegged" has a very specific meaning in this context. It means the price is fixed relative to something else. In no way is the price of Bitcoin pegged to the dollar. It floats freely and the price is determined by supply and demand. If you mean the price is dependent on the dollar having value, that's not nearly the same thing.

[Sled]

Highest digital currency bitcoin has good prospects, while the real currency USD which have a legal widely used in many countries, both have the same function regardless of the legality of the different

That's why I love to use them both and the main exchange currency for bitcoin is USD. So for us who are in bitcoin economy, this is a very important currency and most of the currencies are depending each of their economic situation with USD. And right now, when it comes to investment I'll always prefer to go with bitcoin.

Both USD and BTC is good for us because we can't live without them because USD or any fiat currencies are used on a daily basis which we used in most of the transactions that we are doing while bitcoin is just like an back up for us in terms of money and investment also. In choosing between those two, i will still choose bitcoin even it is not widely used in the world because soon it will, we just need to wait for more massive adoption.

[~V~]

Obviously not as popular as fiat currency, but I would say Bitcoin is much more efficient, and such efficiency will result in an increasingly growing user base.

[Vishnu.Reang]

That's why I love to use them both and the main exchange currency for bitcoin is USD. So for us who are in bitcoin economy, this is a very important currency and most of the currencies are depending each of their economic situation with USD. And right now, when it comes to investment I'll always prefer to go with bitcoin.

The dominant position of the United States Dollar is under threat now. LTC/BTC is about to overtake USD/BTC as the most traded crypto-currency pair. ETH/BTC is also not that far behind.

[Forester618]

That's why I love to use them both and the main exchange currency for bitcoin is USD. So for us who are in bitcoin economy, this is a very important currency and most of the currencies are depending each of their economic situation with USD. And right now, when it comes to investment I'll always prefer to go with bitcoin.

The dominant position of the United States Dollar is under threat now. LTC/BTC is about to overtake USD/BTC as the most traded crypto-currency pair. ETH/BTC is also not that far behind.

I would not be so optimistic. Trading currencies is one thing and popularity is another. The dollar is still the leader in popularity among all currencies in the world. He is at all and people don't want to lose their money. But of course we are all waiting for good news from Japan.

[pinggoki]

is bitcoin more popular than US Dollar ?

In my opinion...US dollar is more popular than bitcoin. As you can see most of the people in this world is know about Dollar while the one who knows about bitcoin are the people who exposed in internet. However if bitcoin is being legalize around  the word it is not far from bitcon to become popular as US dollar now.

[ChineTownMan]

is bitcoin more popular than US Dollar ?

In my opinion...US dollar is more popular than bitcoin. As you can see most of the people in this world is know about Dollar while the one who knows about bitcoin are the people who exposed in internet. However if bitcoin is being legalize around  the word it is not far from bitcon to become popular as US dollar now.

The dollar is more popular because it appeared earlier and is more stable, but eventually everything can change.

[April2017]

So that is easy 1200$-1BTC and grow,it is free market answer,and now dollar will weaken and btc will be more expensive

More, currently the price achieved $1210, I think this month the price will reach more than $1300 and never under $1100

[goldcoinminer]

So that is easy 1200$-1BTC and grow,it is free market answer,and now dollar will weaken and btc will be more expensive

More, currently the price achieved $1210, I think this month the price will reach more than $1300 and never under $1100

Good prediction, I am also looking for a better price, now that we hit the $1,200 mark, the next journey would be easy.
I have my sell order already at $1,300 and I hope when I wake up this morning it will be filled already.

[Wa(t)ch_night()]

So that is easy 1200$-1BTC and grow,it is free market answer,and now dollar will weaken and btc will be more expensive

More, currently the price achieved $1210, I think this month the price will reach more than $1300 and never under $1100

Good prediction, I am also looking for a better price, now that we hit the $1,200 mark, the next journey would be easy.
I have my sell order already at $1,300 and I hope when I wake up this morning it will be filled already.

Yes, the price of bitcoin grows and everyone is happy.
But this does not mean that the dollar is becoming cheaper. Therefore, there is no point in opposing the dollar and bitcoin. It's just different currencies

[cybersofts]

Bitcoin has a market capitalization of 7 billion.

If you use Google, you can see that in contrast there are 1.45 trillion US dollars in circulation.

Update: Bitcoin has market cap of ~ $20 Billion via XAPO

1 BTC worth $1,214.31 - as of today via XAPO

In value bitcoin far out weight USD but in popularity USD still holds the crown there's no doubt on that!

I stated all these to help people stop confusing themselves from BTC vs USD value and popularity.

[J Gambler]

Bitcoin is not that popular like Dollar does , Dollar is the stronger currency that we can use whenever where are and it no. currency in the world dollar is controling bitcoin price and bitcoin depending on dollar how if dollar will be gone is bitcoin will be gone too? What do you think people.