Post
Topic
Board Economics
Re: USD vs BTC
by
gabmen
on 12/10/2016, 11:53:28 UTC
I have no doubts about the fact that the Dollar will win from the Bitcoin because the bitcoin is still too small and the Dollar is way to big to get defeated.
What people also are saying is true the bitcoin is a sort of depending on it.

We can say that although it is getting some problems now due to Saudi Arabia stopped the mining of oil. We know US is invested in there and I thing they got a lot of shares from those company. This is also one reason why oil price is going up. With the lost of this investment they could easily lose some value in their currency also.

And I think that the dollar will always lose Bitcoins. In the future, a growing interest in Bitcoin will grow. This will increase and its price. Since the dollar is not going to happen

In the long term, the dollar will drop against the bitcoin. But the short term price will be volatile.

i'm not really sure about that but hopefully, since i'm earning already and i'm seeing how btc can make my life better in the future and definitely because i'm sticking with btc. however, i think it's still going to be a long way if btc will dislodge the dollar as the main currency. may not happen in the next decade but hopefully btc is still alive by then and is more widely accepted