bitcampaign
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November 03, 2020, 12:39:07 PM |
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a lot of stupid people often make threads like this always compare bitcoin with others, not the least it often looks like this, after this maybe bitcoin vs gold, it's like a fool that makes the thread unclear, again no influence with high dollar value or go down even with the price of bitcoin, learn more about it and understand what bitcoin means
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Mr.sprin
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November 03, 2020, 01:24:02 PM |
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Bitcoin and the dollar are not the same. No end, just a waste of time discussing it. I think bitcoin with dollars has no effect, you think it crossed your mind too much to come up with a trick like this.
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Assface16678
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November 03, 2020, 03:16:31 PM |
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a lot of stupid people often make threads like this always compare bitcoin with others, not the least it often looks like this, after this maybe bitcoin vs gold, it's like a fool that makes the thread unclear, again no influence with high dollar value or go down even with the price of bitcoin, learn more about it and understand what bitcoin means
Well, we cannot blame them from doing so. Both cryptos and fiat share a common ground for being a currency, the difference is the platform and their characteristics as a currency. Likewise with gold having common denominator of being an investment. People will never stop comparing even if informations are already existing that will answer their question, maybe because they want it to hear for themselves. Going back, as how it was mentioned by other users, these currencies are not related or are not having proportionality. One won't engage aiming to destroy another since there's no linkage. And if there is a way from doing so, ofcourse USD will be dominant over Bitcoin, that is for sure especially at this moment.
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k@suy
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November 03, 2020, 05:45:26 PM |
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a lot of stupid people often make threads like this always compare bitcoin with others, not the least it often looks like this, after this maybe bitcoin vs gold, it's like a fool that makes the thread unclear, again no influence with high dollar value or go down even with the price of bitcoin, learn more about it and understand what bitcoin means
Well, we cannot blame them from doing so. Both cryptos and fiat share a common ground for being a currency, the difference is the platform and their characteristics as a currency. Likewise with gold having common denominator of being an investment. People will never stop comparing even if informations are already existing that will answer their question, maybe because they want it to hear for themselves. Going back, as how it was mentioned by other users, these currencies are not related or are not having proportionality. One won't engage aiming to destroy another since there's no linkage. And if there is a way from doing so, ofcourse USD will be dominant over Bitcoin, that is for sure especially at this moment. I am agree with what you have said mate. Bitcoin and dollars or any fiat are the same. Whether it is bitcoin or fiat , both are currency meaning you can use it as a mode of payment so it doesn't matter but its usage is depending on the place you are living because in some countries, places or areas, bitcoin cannot be used as a means of payment for some reasons like it is not yet approve or the place is not yet bitcoin oriented.
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leea-1334
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November 03, 2020, 05:54:33 PM |
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Bitcoin can be used in any countries as long as the country you will going to travel on were accepting bitcoin as a payment while in a dollar currency you will needed to exchange it to the currency of one country where you were planning to go on.
No need to think like this,,, you can simply just sell your Bitcoin p2p in almost any country and get the local cash to spend. Even where Bitcoin is banned you can find people selling it p2p in telegram or wechat these days. I actually think more countries have Bitcoin buyers than USD buyers.
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3meek
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November 03, 2020, 06:35:08 PM |
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The original libertarian idea of Bitcoin exists on different planes with the government ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) So let them print as many papers as they want! This will end badly for FED and all markets...
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proTECH77
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November 03, 2020, 06:55:40 PM |
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US dollar will remain centralized currency which is control by the government of US . During the pandemic many currencies devalue which some government are still looking for way print more money to the country to reduce the hardship covid-19 has caused in the world economy. Bitcoin is still decentralized currency in the exchange market which many investors are using it to invest to make a good profit. Dollar can never cause bitcoin to devalue because is not control by the government. During the pandemic bitcoin was still maintaining the price in the market.
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masphie
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November 04, 2020, 10:26:12 AM |
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I just want repy your first line, not about donate...
From my analysis, it is true ... if the dollar exchange rate goes down, bitcoin prices will tend to rise. And on the contrary, if the dollar rises, bitcoin prices tend to fall.
CMIIW
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-= OI =-
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farrellronald
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November 04, 2020, 10:38:17 AM |
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BTC the good thing about bitcoin is that it does not include paper and the amount is fixed. if there was any time in the history to compare USD with BTC, it was at the start of bitcoin when everybody were mocking bitcoin and now all of them are trying to have a share in it
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ilovealtcoins
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November 04, 2020, 03:32:59 PM |
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I just want repy your first line, not about donate...
From my analysis, it is true ... if the dollar exchange rate goes down, bitcoin prices will tend to rise. And on the contrary, if the dollar rises, bitcoin prices tend to fall.
CMIIW
That is the rule when there is a lot of money in the main market that money is automatically devalued because of the dilution. People will use the money to own finite assets like Bitcoin, stocks, and real estate. Again, when the dollar stops printing, more money flows into the market, and the value of the dollar increases. People will prioritize cash over other assets.
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tanjiran
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November 04, 2020, 11:16:11 PM |
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if dollar goes strong agianst btc then btc goes down? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) can donate btc to federal reserve to make them not make dollar strong again and keep printing:D ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) those bankers like money i think if crypto users will donate to them it will keep btc price good ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) As many previous members explained, BTC is not directly affected by the dollar. On a separate basis, if we observe, the price of btc tends to be influenced by the expansion of adoption and changes in demand and supply in the market. So, you don't have to waste money to donate BTC to them, you could be suspected of bribery. it is enough to focus on opportunities in the crypto market, make the best use of the opportunities that are available, I am sure it will still exist even if the dollar strengthens.
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kawetsriyanto
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November 04, 2020, 11:35:53 PM |
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if dollar goes strong agianst btc then btc goes down?
It doesn't work like that. Dollar doesn't influence the value of Bitcoin, also Bitcoin never bothers the dollar's value. If you saw the drop in dollar value, it may be caused by the current political situation in USA. While the improvement in Bitcoin, it is probably caused by more people involved in Bitcoin investment. Also, people are confident with Bitcoin assets since it potentially brings higher profits and becomes more familiar in society around the world.
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Shasha80
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November 05, 2020, 12:00:29 AM |
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Your thinking seems to be wrong saying the US Dollar can make the price of Bitcoin go down. Because Bitcoin price movements are not based on US Dollar prices. So the US Dollar strengthened not necessarily will make the Bitcoin price fall, then by donating Bitcoin to the US government will not weaken the US Dollar and stop printing money. And there is no guarantee that donating Bitcoin to the American government will make the price of Bitcoin go up.
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Sterbens
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November 05, 2020, 06:07:55 AM |
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In this context, let me assume that I will focus on your topic, namely BTC vs Dollar. My discussion only responds to the nature of the two currencies, each of which has vast differences. But what I will respond to is in terms of similarities or rather from the neat relationship between BTC and the dollar. because agree or not that BTC will not have such a great value if it is not paired with the dollar. The point is that between the dollar and the BTC need each other. It's clear because we all refer to 1 btc converted to dollars.
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oktana
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November 05, 2020, 07:03:29 AM |
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Imagining paying the government to stop printing dollar. It just ends in imagination because that's impossible. There are certain things that money can't buy. As for bitcoin, we don't have to buy people over it. When the time comes, bitcoin will known above dollar itself.
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nelson4lov
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November 05, 2020, 06:07:53 PM |
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LOL, you are free to donate your bitcoin if you want to, after all it's yours and you can do anything you want with it, for me i don't see any reason why i should donate something that is limited and not even to a charity home but to the government, haha I can't do that cus they have printed alot of dollars for themselves and they will continue printing more of it, so I will gladly hold on to the few bitcoin's I can gather before the 21 million bitcoin is completely mined, although that's going to take alot of years.
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proTECH77
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November 05, 2020, 07:39:49 PM |
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Bitcoin will still remain decentralized in the world. Dollar is a centralized currency which government can decide to print more money to improve their economy and other amenities in the country. I don't think there's, any amount anyone can give to crypto to start pumping without is not yet time to pump. Dollar is a centralized currency which many people are use to in the area of exchange market. Even government Is wondering decentralized currency is well steady and stable in transaction. Bitcoin price is rising why other cryptocurrencies is reducing just becaus it is time for bitcoin to pump not government or any official power that is making it to pump.
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BTCappu
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November 06, 2020, 11:36:40 AM |
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What makes you think that donating BTC to the government will stop them from printing more paper money? You’re just going to be wasting your time, and by the way how much do you think you’re going to donate that will be enough for the government to stop them from printing more money?
Nah, that’s not going to work, they are still going to continue with their printing of money, and before government or should I say the central bank, decides to print money there must be a reason for it, although too much of the printing is making the fiat to lose its value.
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davis196
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November 06, 2020, 11:43:06 AM |
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if dollar goes strong agianst btc then btc goes down? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) can donate btc to federal reserve to make them not make dollar strong again and keep printing:D ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) those bankers like money i think if crypto users will donate to them it will keep btc price good ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I guess that by "donating" you mean bribing the central bankers to print more money. This is a joke,right?You know that central bankers cannot be bribed,because they can print unlimited money for themselves,so they don't need any BTC or bribes. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Jokes aside,the US dollar has been very stable during the last few weeks.The presidential elections didn't help to increase the USD market volatility.Millions of people around the world still prefer US dollars over Bitcoin,but I hope that will change in the future.
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royalfestus
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November 06, 2020, 12:21:20 PM |
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Government has a very silent interest in bitcoin especially in USA and the interest is devoted to the Tax and they will come after everyone after the bull market to take there share. The fund in cryptocurrency comes from everywhere in the world, the bits and bits from FOMO which happens like in every other investment. Dollar is still a unit of Bitcoin value and has most fiat pair transaction. Most stable coin in the space are kept in USD, some which has a good storage in the bank as fiat.
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