Post
Topic
Board Economics
Re: Will the US Dollar dominate bitcoin trading
by
hasiramasenju
on 30/06/2016, 21:27:11 UTC
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?
If I am correct the US dollar is already dominating the Bitcoin trading because most people are selling there Bitcoins against the US dollar.
I think that this is going to be the same for a long time I do not see any reason why people would trade in for a other currency.
yes it's true almost on all bitcoin exchange using dollar as a comparison prices and very rarely to see any bitcoin exchange using other currency as the comparison prices may be because dollar as universal currency and the most use then they were decide using dollar