batang_bitcoin
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July 10, 2017, 08:24:13 AM |
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is bitcoin more popular than US Dollar ?
I don't think so. As Bitcoin is mostly used by us, Bitcoin users and we are still using USD too so that the number of USD users must be bigger than Bitcoin users' Yes we are still using USD and that's why there's a lot of bitcoins users but doesn't compare USD. They are both good, you only need to understand that these two are working together and you need to exchange bitcoin into USD and to your local currency. So there's no need for these crypto to battle. You nailed it bro, you fully understand that bitcoin and USD is different, they don't compete but they supplement on each others weaknesses. Bitcoin will make transactions faster and it needs USD or fiat in order to run a transaction. We don't have to make these two rival, they are totally different and we just need to understand that both things are working properly. You don't have to ask if they are working well. So if I were you, you need to look for what is going to be an ideal currency for you. If you want to use USD use it, if you want btc, use it.
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~Rent my sig before BTCTC goes to $100k~
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Betwrong
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I stand with Ukraine.
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July 10, 2017, 08:34:03 AM |
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For now not yet! In the future, may be. But USD is really very powerful as of now. It is the most influential currency in the world. Everyone wants to have some. Anyway, bitcoin doesn't have to compete with USD because it is already a trusted virtual currency. In the virtual world, bitcoin is much respected.
Other people here bitcoin is not yet known in my country. Not all currently know about bitcoin here by many, so still dollar are being recognized and easy to understand. Because dollar are used globally thats why it is the main used though bitcoin is being adapted by others. It will take time until Bitcoin will be known by everyone. And I don't mean until everyone will know what it is and how it works, but until they at least know its advantages. I have the same situation in my country, mate, where even educated people still don't have a clue.
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**************************** ==== Bitcoin to the Moon ==== ****************************
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gabmen
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July 10, 2017, 09:00:33 AM |
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For now not yet! In the future, may be. But USD is really very powerful as of now. It is the most influential currency in the world. Everyone wants to have some. Anyway, bitcoin doesn't have to compete with USD because it is already a trusted virtual currency. In the virtual world, bitcoin is much respected.
Other people here bitcoin is not yet known in my country. Not all currently know about bitcoin here by many, so still dollar are being recognized and easy to understand. Because dollar are used globally thats why it is the main used though bitcoin is being adapted by others. It will take time until Bitcoin will be known by everyone. And I don't mean until everyone will know what it is and how it works, but until they at least know its advantages. I have the same situation in my country, mate, where even educated people still don't have a clue. And even if some people already are aware of btc, they're skeptical about it's use since it hasn't really been here for a long time. These things would make sure that btc will not compete with the dollar anytime soon. It would remain as an alternative and that probablh would be a good thing
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NoNetwork
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July 10, 2017, 09:52:41 AM |
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For now not yet! In the future, may be. But USD is really very powerful as of now. It is the most influential currency in the world. Everyone wants to have some. Anyway, bitcoin doesn't have to compete with USD because it is already a trusted virtual currency. In the virtual world, bitcoin is much respected.
I agree. That's the thing I don't understand with these people, no matter how you see things, Bitcoin is so much different from Dollars. As you said they pretty much have their own field. Bitcoin is not much like all the fiats, in my opinion atleast.
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galestorm
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Futurov
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July 10, 2017, 12:52:21 PM Last edit: July 10, 2017, 01:08:17 PM by galestorm |
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No, because if bitcoins were more popular than dollars then it would most likely be accepted as pay for buying products. For now its unlikely for bitcoins to dominate the entire US as its monetary unit since a huge portion of the world's population is still not aware of its existence.
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Janation
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July 10, 2017, 01:04:35 PM |
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No, if bitcoins were more popular than USD then it would be widely accepted as pay for buying products. For now its unlikely to happen for bitcoins to dominate the entire US since a huge portion of the world's population is still not aware of its existence.
Even if bitcoin became popular, bitcoin will not replace USD or other fiats because we all know how volatile this digital currency is. Do you think they will be accepting that kind of currency in where the price changes every single minute? Bitcoin is a good digital currency for investing, but as a currency to use in a real life or offline, I don't think so.
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Betwrong
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I stand with Ukraine.
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July 11, 2017, 04:47:24 PM |
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For now not yet! In the future, may be. But USD is really very powerful as of now. It is the most influential currency in the world. Everyone wants to have some. Anyway, bitcoin doesn't have to compete with USD because it is already a trusted virtual currency. In the virtual world, bitcoin is much respected.
Other people here bitcoin is not yet known in my country. Not all currently know about bitcoin here by many, so still dollar are being recognized and easy to understand. Because dollar are used globally thats why it is the main used though bitcoin is being adapted by others. It will take time until Bitcoin will be known by everyone. And I don't mean until everyone will know what it is and how it works, but until they at least know its advantages. I have the same situation in my country, mate, where even educated people still don't have a clue. And even if some people already are aware of btc, they're skeptical about it's use since it hasn't really been here for a long time. These things would make sure that btc will not compete with the dollar anytime soon. It would remain as an alternative and that probablh would be a good thing Sure BTC will not overcome USD soon, but it will happen in the future, maybe in 20 years or in 30 years. Also things go fast these days, so it won't be a big surprise for me if it will happen sooner than in 20 years.
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**************************** ==== Bitcoin to the Moon ==== ****************************
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hawkins
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July 11, 2017, 05:16:27 PM |
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For now not yet! In the future, may be. But USD is really very powerful as of now. It is the most influential currency in the world. Everyone wants to have some. Anyway, bitcoin doesn't have to compete with USD because it is already a trusted virtual currency. In the virtual world, bitcoin is much respected.
Other people here bitcoin is not yet known in my country. Not all currently know about bitcoin here by many, so still dollar are being recognized and easy to understand. Because dollar are used globally thats why it is the main used though bitcoin is being adapted by others. It will take time until Bitcoin will be known by everyone. And I don't mean until everyone will know what it is and how it works, but until they at least know its advantages. I have the same situation in my country, mate, where even educated people still don't have a clue. And even if some people already are aware of btc, they're skeptical about it's use since it hasn't really been here for a long time. These things would make sure that btc will not compete with the dollar anytime soon. It would remain as an alternative and that probablh would be a good thing Sure BTC will not overcome USD soon, but it will happen in the future, maybe in 20 years or in 30 years. Also things go fast these days, so it won't be a big surprise for me if it will happen sooner than in 20 years. Storing bitcoin will benefit if it is kept in decades, as it may cost more than 60%. Well, but usd usage is better if it is done for the transaction. I guess btc and usd have slightly different usage.
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mando kandpal
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July 11, 2017, 06:45:57 PM |
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In today's date USD is very powerful.bitcoin is gaining power though.USD and Bitcoin cant be compared as of now.bitcoin us very young but is developing at a fast rate.USD has consolidated its position in the world.
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valvevow
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July 11, 2017, 06:49:42 PM |
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In today's date USD is very powerful.bitcoin is gaining power though.USD and Bitcoin cant be compared as of now.bitcoin us very young but is developing at a fast rate.USD has consolidated its position in the world.
I agree, we should not compare these currencies. This is an unequal comparison. The dollar has existed for a very long time and it is the currency that the whole world enjoys. And bitcoin is a new currency, which was only born and still very few people know.
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frowsiter
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July 11, 2017, 06:55:00 PM |
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Bitcoin would be always popular henceforth. With the time bitcoin has undergone tremendous changes and it is holding more power as compared to USD. The bitcoin is popular due to it's value and nothing else. It has given many of the preople financial freedom and that is why they live it more than USD. Moreover how can anyone forget that 1 btc can give you $2300 USD. That's the big poll out there.
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siddu67
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July 11, 2017, 06:56:25 PM |
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BTC going to more popular. BTC is better than USD Because buying BTC is profitable. But if you buy USD then there is no profit. In my opinion, USD for business is very good but for investment btc best.
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sometag4lifer
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July 11, 2017, 07:51:39 PM |
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How can something new (in years) can be compared to dollar. It's true the popoularity is growing fast, but still not half as popular like dollar.
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leodev
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August 17, 2017, 08:32:36 PM |
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in my openion the price of bitcoins directly related to the price of USD . because of the reason USD is more stable than bitcoins so we can trade with bitcoin and can get profit so i think bitcoins is more populer for earning purpose .
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millgates
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August 18, 2017, 03:54:05 AM |
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No offense against bitcoin, but bitcoin is nothing compared to the USD. USD is the currency used worldwide and defended by military since hundred years! Ask your question again in around ten years. But usd(fiat) can be manipulated by government for the interest of one country at the expense of the other, the decentralized nature of bitcoin makes it immune to it. Bitcoin is better than USD because it internal mechanism is open, transparent and policy governed by mathematical principles, making it suitable to be world currency. And also the popularity of bitcoin is keep increasing.
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anume123
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Proof-of-Stake Blockchain Network
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August 19, 2017, 02:54:44 AM |
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is bitcoin more popular than US Dollar ?
im going to pick a USD rigth now because bitcoin is now popular to anyone and no shop for accepting bitcoin for paying not like USD here in US. If bitcoin is haved a shop here in US i do both bitcoin and USD bitcoin bitcoin is higher every second US is not but popular.
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musbeto
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August 19, 2017, 03:22:00 AM |
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in my openion the price of bitcoins directly related to the price of USD . because of the reason USD is more stable than bitcoins so we can trade with bitcoin and can get profit so i think bitcoins is more populer for earning purpose .
I agree with you bitcoin is more popular for earning purpose and USD is consistent with the purpose of the hoarding purposehoarding purpose
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tiger2monkey
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August 19, 2017, 05:19:46 AM |
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$68 billion BTC market cap vs $1.56 trillion USD in circulation. BTC is about 4.3% of USD, it is still small but growing.
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Natalim
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August 19, 2017, 06:23:26 AM |
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$68 billion BTC market cap vs $1.56 trillion USD in circulation. BTC is about 4.3% of USD, it is still small but growing.
What's important is it's growing, the limited supply will be the hindrance that we will not gonna reach their success and we know the USD is one of the strongest currency which I think will remain strong even in the future. Bitcoin does not need to beat USD because together they can supplement each other and be successful.
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GoodLuck2
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August 20, 2017, 03:54:11 PM |
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is bitcoin more popular than US Dollar ?
im going to pick a USD rigth now because bitcoin is now popular to anyone and no shop for accepting bitcoin for paying not like USD here in US. If bitcoin is haved a shop here in US i do both bitcoin and USD bitcoin bitcoin is higher every second US is not but popular. I think you are thing for the present, if you think about future then you will never chose USD because we all know that in future every shop in the world start accepting bitcoin because all the system of marketing is turned online and people pay in bitcoin through online, and USD will just small Friction of bitcoin in future, so you better chose bitcoin from now on.
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