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rekinthis
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September 08, 2016, 02:57:45 PM |
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It would be so nice for things to be priced and denominated in BTC, but that isn't going to happen in my lifetime. At least that's how it seems, but strange things have happened in the world. Nothing would surprise me at this point.
In the openbarzza or some deepweb site, the goods are priced in the bitcoin. But it will not be applicable to the main net in the foreseeable future. yeah those websites are really great for bitcoin in my opinion, bitcoins are getting only bigger because of the and it will make dollar disappear |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Taki
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September 08, 2016, 03:05:55 PM |
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I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
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Gahs
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Minter
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September 10, 2016, 09:33:16 PM |
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The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
There is no way US dollars will dominate crypto when we have localbitcoins.com Why sell in dollars before converting to your local currency?  |
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outatime1
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September 11, 2016, 12:22:35 AM |
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I think trading bitcoin for US dollars may be the most popular trading pair. I expect that the be the case going forward so it will play a role in the future of bitcoin trading.
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CroSany
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September 11, 2016, 01:58:24 AM |
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Noo it will not happent because Euro will have btc to euro and euro to btc domination in trading because peoples from Europe know better to use bitcoin ccryptocurrency and they use it more often.
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Maesters1-
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September 11, 2016, 01:38:36 PM |
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I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
yes it is a fact that US Dollar is really dominating the bitcoin, mos the countries economy is depending on the US Dollar. but hope that in days bitcoin will be more powerful than any other currencies and all the world will be using bitcoin instead of fiat currencies or any other crypto currency. |
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ObscureBean
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September 11, 2016, 02:15:33 PM |
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If by 'dominate' you mean the currency that Bitcoin is most traded against then of course it's going to be the Dollar. What else would you want to use (other than perhaps your local currency)? The Dollar is the logical choice because it is the most widely recognized/accepted currency in the world.
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azguard
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September 14, 2016, 05:46:58 AM |
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I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
yes it is a fact that US Dollar is really dominating the bitcoin, mos the countries economy is depending on the US Dollar. but hope that in days bitcoin will be more powerful than any other currencies and all the world will be using bitcoin instead of fiat currencies or any other crypto currency. im from Europe and most of my trades are in dollar only when im withdrawing some amount then its in euros dollar is dominate here not just in crypto world but in all exchanges and markets on the world is prime value to trade |
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Carlsen
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September 14, 2016, 05:52:09 AM |
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The dollar is globally the main fiat, and bitcoin is globally the most important cryptocurrency.
There are way more dollars out there than bitcoins.
So it is just natural that the two primarys of each of their segments are mainly traded against each othere, while the stronger one (dollar) dominates the smaller one.
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JeffBrad12
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September 14, 2016, 06:23:56 AM |
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I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
yes it is a fact that US Dollar is really dominating the bitcoin, mos the countries economy is depending on the US Dollar. but hope that in days bitcoin will be more powerful than any other currencies and all the world will be using bitcoin instead of fiat currencies or any other crypto currency. im from Europe and most of my trades are in dollar only when im withdrawing some amount then its in euros dollar is dominate here not just in crypto world but in all exchanges and markets on the world is prime value to trade The dollar is already making a dominate in all of the currency, it's not only in the world of cryptocurrency but in the world of fiat currency all of the types of fiat currency is always be affected by the dollar. |
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SmartIphone
Legendary
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Activity: 1204
Merit: 1000
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September 14, 2016, 07:32:06 AM |
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The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
I think that the basement price which bitcoin can be valued in fiat is USD even though USD can drop a bit. And from the usd exchange to other currencies is defined the exchange rate for example in EUR. |
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Hahnatise
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September 27, 2016, 06:09:08 PM |
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The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
I think that the basement price which bitcoin can be valued in fiat is USD even though USD can drop a bit. And from the usd exchange to other currencies is defined the exchange rate for example in EUR. If you trade the bitcoin with other altcoins, the bitcoin will be the base currency. It will be more so in the future. |
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Catmony
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September 27, 2016, 07:25:21 PM |
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I have seen few article about one of OIL broker started accepting payment via bitcoin but forgot about the their site and name. However if this types of practice keep on growing, soon there will be lots of OIL suppliers that will be selling oil for bitcoin. This can harm USD just like they fear about getting dominated by gold over USD on oil trading.
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SmartIphone
Legendary
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Activity: 1204
Merit: 1000
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September 29, 2016, 08:49:36 PM |
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The US dollar has been dictating most of the trades world wide from crude oil to anything. Is there a possibility that it will dominate in the trading of Bitcoin?
I think that the basement price which bitcoin can be valued in fiat is USD even though USD can drop a bit. And from the usd exchange to other currencies is defined the exchange rate for example in EUR. If you trade the bitcoin with other altcoins, the bitcoin will be the base currency. It will be more so in the future. Don't know what you mean on the last sentence but most of cryptocurrency investment is made in bitcoin. So as long as bitcoin is being used so much for investment I think is good enough for the bitcoin itself. |
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wikenpp
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September 29, 2016, 09:20:36 PM |
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If i think about it is logic that the US dollar will lead in the crypto atmosphere but then i think about it more logically and the answer is now.
China owns bitcoin, The market cap, the whales, the pools and the equipment... it is all owned or made in china.
But the volume in usd vs yuan is too large, i do expect the US volume will grow significantly in the near future, since more and more non Chinese parties decided to join bitcoin.
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Seansky
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September 29, 2016, 09:39:52 PM |
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In terms of trading and stuff in bitcoin, I think US Dollar dominates. In terms of mining, etc China dominates bitcoin since they have the largest mining pools and many of bitcoin whales live there. Despite that in my opinion US Dollar still dominates now because the price is dictated by US Dollar, and the other currency's price is just a converted sum from the dollar equivalent.
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HateNATO
Member
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Activity: 92
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September 29, 2016, 09:44:53 PM |
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No dollar will not dominate with bitcoin trading because euro is more and more popular and euro will provably dominate in biitcoin trading.
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Superbitzz
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September 29, 2016, 10:12:10 PM |
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I think trading bitcoin for US dollars may be the most popular trading pair. I expect that the be the case going forward so it will play a role in the future of bitcoin trading.
yes i a also agree with you i think in present time Dollar is more reliable and stable currency than any other fiat or crypto currency, but hope that a time will come when bitcoin will be the best currency of the world. |
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2legit2
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September 29, 2016, 10:38:27 PM |
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I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
thats true, dollars are really important when it comes to bitcoin trading, pretty much it is based on dollar |
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Yakamoto
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September 29, 2016, 11:00:08 PM |
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I think the US dollar is already dominate and affect on bitcoin's price. Dollar has a great power to all the world and bitcoin will not have even a chance.
The USD definitely dominates a majority of the online trading scene, however I don't know whether or not the USD dominates a majority of the other trading when it comes to volume. I would definitely consider the Japanese Yen and Chinese Yuan big contenders for trading volume online, but I think a majority of money is still traded back and forth between USD and BTC. |
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