Quote from: el kaka22 on April 21, 2017, 07:47:03 AM

Quote from: TimeManLove on April 20, 2017, 08:38:30 PM

I do not understand why I should compare these currencies. The dollar is for the government, and bitcoin is for the people. So it was from the very beginning of the existence of bitcoin. And bitcoin will never replace the dollar

Actually, bitcoin was created first to give people a more convenient way to pay for online shopping and other online services, that way it replaces the other online payment method with providing a more secure way, but with more people using it and prices get higher and higher, bitcoin became a type of investment and not a way of payment so we cant really compare it to the dollar right now, and instead we should compare it to the gold.

That's completely right, due to the limited supply and investors are thinking it will increase its value once the demand will increase,
they made it an investment and that makes them able to manipulate the price especially if they are whales. USD is just a currency and it will not increase it's value like what bitcoin achieve.