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Author Topic: USD vs BTC  (Read 121135 times)
jimn
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October 14, 2017, 02:52:28 PM
 #1661

While USD is used worldwide a lot more than BTC, I think Bitcoin still better than all the fiat currencies including USD. With Bitcoin you pay low fee for your transactions, its also decentralized and anonymous, and having very good potential.


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Betwrong
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October 14, 2017, 02:57:35 PM
 #1662

is bitcoin more popular than US Dollar ?

Of course USD is still mo popular than BTC for now but in the future BTC might exceed USD popularity. Here are some reason it may happen.

BTC is decentralized, no one is controlling its value, no banks to dictate.
BTC has a definite supply, you will be sure that value will increase when higher demand came.
BTC bypasses foreign exchange rate, when you have BTC it has the same value with the BTC other nationality have.

there will be more factors that will cause BTC to exceed USD's popularity in the future.

I agree that Bitcoin has many advantages over USD but if we are talking about popularity it's hard to imagine that in the near future Bitcoin can become more popular USD. People are slow to accept new things however good they are. I think in the nearest 20 years at least Bitcoin will not surpass US dollar in popularity.

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October 15, 2017, 03:03:07 AM
 #1663

USD is way even bigger than Bitcoin is at the minute but that will not come as a surprise I suppose. I never believe we ought to be also bold about Bitcoin. It's a really great method and imagined out process but I never consider we can reach the degree of USD.
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October 15, 2017, 02:37:36 PM
 #1664

Bitcoin is not common than US Pounds.US dollars is in the industry from much more time, but Bitcoin is in its early stage.US Pounds is acknowledged worldwide for payment whereas Bitcoin is recognized in few places.US
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October 15, 2017, 02:46:44 PM
 #1665

USD and bitcoin has a big relation, because the value of bitcoin is completely upon the value of dollar. Though the direct usage of bitcoin keeps on increasing, we're valuing bitcoin in terms of USD. So usd gives a sustained growth because of the long history it holds. Btc is all about trust as its a speculative asset.

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October 15, 2017, 03:09:54 PM
 #1666

It is clearly will go for usd because usd has a lot of supporters and users from all over the world while bitcoin is one of the most hated thing of the government officials in the majority of the world so if we are going to compare them even we like bitcoin more than usd, it will not do anything because they will still use and choose usd over bitcoin.
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October 15, 2017, 03:39:16 PM
 #1667

dollar and bitcoin currency soap bubble which is kept due to the fact that the ill-market uses them
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October 15, 2017, 04:20:11 PM
 #1668

Bitcoin is much more than a dollar. Bitcoin is an investment vehicle, but the dollar is not an investment vehicle. Bitcoin is a currency that will continue to be valued at all times and used in the future.

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October 15, 2017, 04:21:13 PM
 #1669

is bitcoin more popular than US Dollar ?
If we would be more popular then we would not have such a rate and a conversion rate as it is now, this is why we are in the moment in which we live right now.

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October 15, 2017, 04:32:13 PM
 #1670

Bitcoin is much more than a dollar. Bitcoin is an investment vehicle, but the dollar is not an investment vehicle. Bitcoin is a currency that will continue to be valued at all times and used in the future.

Bitcoin is both of currency and an inversement. Bit in USD,no one can inverse Their money. It's just like the using FIAT.It value equivalent to other currency is raise in a bit.But the price value equal to bitcoin is keeps on increasing. The current status is, 1 BTC = 5500$.But 1$ =1$.This is the difference.

 
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October 15, 2017, 04:44:25 PM
 #1671

Bitcoin is much more than a dollar. Bitcoin is an investment vehicle, but the dollar is not an investment vehicle. Bitcoin is a currency that will continue to be valued at all times and used in the future.
The question is which one is more popular, and i consider it is obvious that the american dollar is more popular then the bitcoin, think only at the contracts made in USD.
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October 15, 2017, 06:45:42 PM
 #1672

dollar and bitcoin currency soap bubble which is kept due to the fact that the ill-market uses them

That's kind of funny actually. ) Don't you think that we can say that about almost everything which is used by people? Like it or not we have to deal with the reality in which those currencies are supported by many people, and that's the reality we live in, there's no other. You say "ill-market " but what is a "healthy market" in your opinion? Some people, me included, believe that Bitcoin will change the situation on the market for better, but if you think that Bitcoin is no better than USD then I don't know what you believe in.

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October 15, 2017, 08:44:44 PM
 #1673

USD is FIAT money and FIAT money is the most useless money ever. It has no use but to make you feel like you have money, but you don't. You have debt, that's what you have.

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October 15, 2017, 09:23:19 PM
 #1674

USD is FIAT money and FIAT money is the most useless money ever. It has no use but to make you feel like you have money, but you don't. You have debt, that's what you have.


In general USD is most popular currency in fiat form in United State and we can not deny that, they are still using by many money investors as of now. While BITCOIN is the most popular currency of all cryptocurrencies who are increasingly its community due to the fact of many users and investor who wants to invest. So we can say, they are in different forms of platforms and popularities.
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October 16, 2017, 12:41:59 AM
 #1675

USD is way greater than Bitcoin is at the second but that isn't going to appear as a shock I suppose. I will not feel we need to be way too bold about Bitcoin. It really is a extremely good method and imagined out method but I don't feel we can attain the degree of USD.
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October 16, 2017, 10:23:35 AM
 #1676

USD is more popular for now and most of the country's currency are based on the situation of dollar exchanges.

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October 16, 2017, 10:58:05 AM
 #1677

is bitcoin more popular than US Dollar ?

bitcoin is still unpopular like the dollar, but it's all going to happen bitcoin will be more popular from year to year has been proven, and if bitcoin is known to everyone then bitcoin price will be more expensive, because bitcoin demand will increase so much but the total supply is very limited it will making bitcoin more expensive.
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October 16, 2017, 11:43:23 AM
 #1678

how can it be more popular? BTC has a market cap of about 80 billion, while the US dollar has a market cap of several trillion dollars. The US dollar is used on a daily basis and by everyone, while BTC is hardly adopted. It's unlikely that BTC will ever reach the popularity of the most used legal tender in the world, but we can always hope.
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October 16, 2017, 02:16:18 PM
 #1679

USD is FIAT money and FIAT money is the most useless money ever. It has no use but to make you feel like you have money, but you don't. You have debt, that's what you have.

Are you sure about that? Smiley Don't you use fiat money everyday by yourself? I support Bitcoin and I think in the future it can indeed replace fiat completely but for now we are in the world where fiat money is what most important whether we like it or not.

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October 16, 2017, 07:39:08 PM
 #1680

USD is FIAT money and FIAT money is the most useless money ever. It has no use but to make you feel like you have money, but you don't. You have debt, that's what you have.

Fiat today is not the same as several decades ago. Now it's value is mostly projected because it's not covered with precious metals. Now it's only partially covered and mostly with other convertible fiat reserves which have the same problem.
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