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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 40076 times)
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June 12, 2017, 05:02:53 PM
 #101

For now it is currently the strongest currency in the system, but what happens when the entirety of bitcoins available gets mined in the process, these are questions that needs to be answered. Bitcoins has an expiry date and it may becoming to an end soon.



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June 12, 2017, 05:18:41 PM
 #102

For now it is currently the strongest currency in the system, but what happens when the entirety of bitcoins available gets mined in the process, these are questions that needs to be answered. Bitcoins has an expiry date and it may becoming to an end soon.

It is not the strongest currency USD is the strongest currency. If all the bitcoins is mined it's demand will drop by some factors because there are many people who are saving a great amount of bitcoin in Cold and hot wallets.

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June 12, 2017, 05:55:05 PM
 #103

For now it is currently the strongest currency in the system, but what happens when the entirety of bitcoins available gets mined in the process, these are questions that needs to be answered. Bitcoins has an expiry date and it may becoming to an end soon.

It is not the strongest currency USD is the strongest currency. If all the bitcoins is mined it's demand will drop by some factors because there are many people who are saving a great amount of bitcoin in Cold and hot wallets.
Maybe he wants to be mean is bitcoin was strongest cryptocurrency which is true but if we are saying a currency usd still the remain strongest.
Since bitcoin is cryptocurrency we are still experience of not stable price unlike usd..
Bitcoin is just good alternative payment method online that we get many benefits for bitcoin like price increase and more stores locally and online are accepting. hope that more stores and locally accepting bitcoin as payment..


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June 20, 2017, 07:11:15 AM
 #104

After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?

Bitcoin is becoming popular in different countries, but not enough to says that strongest currency in the whole world.
Due to dollars was still the world currency so far. Maybe in the near future bitcoin can become the the world currency.

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June 20, 2017, 07:55:13 AM
 #105

I think it is the strongest currency because it in demand now in people and investors. Bitcoin will become most popular in the world because of its easy in transaction. I agree it is the strongest currency now and for the future. Bitcoin is still number one currency and still familiar. Bitcoin is now best performing currency and most stronger currency. Bitcoin is become choices in the world and it is strongest because of its good value and profitable. More investors will invest in bitcoin and the people trying to invest more. Bitcoin is more profitable and good value in all currency.
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June 20, 2017, 08:20:38 AM
 #106

For now it is currently the strongest currency in the system, but what happens when the entirety of bitcoins available gets mined in the process, these are questions that needs to be answered. Bitcoins has an expiry date and it may becoming to an end soon.
1. It is not like the bitcoin can be mined any faster the pace of mining is set. Bitcoin is scheduled to be mined up to the year 2140.
2. We have no idea how the future price of BTC, or its economy will shape. At this point, we are still in the experimental phase.
3. Bitcoin doesn't have an expiry date, as long as there will be miners and nodes bitcoin will live on.


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June 20, 2017, 08:46:32 AM
 #107

I bet it is a no, the most popular currency in the world is dollar and it will always be a dollar not a bitcoin,, dollar is a hardmoney unlike bitcoin that needs transaction just to send some money.,, Dollar is most used currency in this world that bitcoin can't replace just because of its value,
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June 20, 2017, 09:00:53 AM
 #108

After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?

As of today I want to agree with your associates. Despite all the raves and hype in the news, yes Bitcoin has yet to make a huge impact in the market in general. But I dare say that Bitcoin has the potential to become the strongest currency in the world.

This would take time, ALLOT of time, and mass adoption across the world. There's so many factors... we also need to consider that at a certain threshold, any party that is against bitcoin may become prevalent to hamper its progress, which is already a reality - just make some research around here.

Plenty of other unrealistic conditions have to be met as well. You know how complex the monetary system is.
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June 20, 2017, 09:04:14 AM
 #109

I think it is the strongest currency because it in demand now in people and investors. Bitcoin will become most popular in the world because of its easy in transaction. I agree it is the strongest currency now and for the future. Bitcoin is still number one currency and still familiar. Bitcoin is now best performing currency and most stronger currency. Bitcoin is become choices in the world and it is strongest because of its good value and profitable. More investors will invest in bitcoin and the people trying to invest more. Bitcoin is more profitable and good value in all currency

How can a currency which has average volatility like a dozen percentages monthly can be the strongest currency in the world? Bitcoin has certainly been the strongest one among cryptocurrencies, but just in a month or so that may be no longer the case (though it remains to be seen, naturally). If volatility is any measure of the currency strength (technically speaking, the measure of its weakness), then the currency which is most stable (which could be interpreted as being the strongest) is evidently the Swiss frank

And I'm not sure that the US dollar would come second

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June 20, 2017, 09:37:44 AM
 #110

Well, we can say that it not or maybe it can be the strongest curreny in the world. Because there's some currency that actually using of many people's like USD ($) the most strongest currency in the world..... Anyways if bitcoin came up to all countries and used it... We must say that it can be
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June 20, 2017, 11:40:07 AM
 #111

Bitcoin is the most expensive currency in the world, but it does not mean that he is the strongest currency. We constantly see price spikes in the market, and this is evidence of instability and so the weakness of the currency. I hope that someday the situation will change and bitcoin will be strong and predictable currency.
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June 20, 2017, 12:12:56 PM
 #112

In fact, bitcoin is a small part of currency around the world. It's not popular at this time, compare to the other currency that are demands they need more user's to become a strogest currency.

Bitcoin is not a strongest currency but in benefits compare to other currency it has a big difference. Bitcoin can help to others by generating this through bitcointalk or other uses of bitcoin. Then especially the price, this is an advantages of bitcoin, being not stable will gives to user a chances to increase their profit.

And this currency can get through online, so that around the world can get this. The supply of bitcoin is depends on the investor, and investor came around the world. If more investor was invested using bitcoin, the possibility to become strongest currency is possible.

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June 20, 2017, 12:29:49 PM
 #113

I think this is a no,being a strong currency would be easy by bitcoins but being the most strongest i think its not,its still in big fiat currencies in the market who is the strongest i think

 
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June 20, 2017, 12:41:02 PM
 #114

Bitcoin is the most expensive currency in the world, but it does not mean that he is the strongest currency. We constantly see price spikes in the market, and this is evidence of instability and so the weakness of the currency. I hope that someday the situation will change and bitcoin will be strong and predictable currency.

Btc probably is not even considered my most as a currency at par to that of the dollar or fiat in general. I think it's right mow more of an investment and way for people to earn money from. Btc probably will reach that status in he future by for me i also don't consider btc as the monetary currency yet

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June 20, 2017, 12:41:56 PM
 #115

I love and like btc but i don't think btc is the strongest currency in the world. I consider btc as the best crypto currency.

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June 20, 2017, 02:24:32 PM
 #116

Bitcoin is not considered as one of the strongest currencies in the world because it is still young and a lot of things to prove. I think that the strongest currency in the world is dollar because it is one of the most well known currency from the past until now so it is like one of the strongest and most stable currency but if we talk bitcoin then i can say that it is just getting to that point.

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June 21, 2017, 08:27:27 PM
 #117

After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?

Bitcoin is becoming popular in different countries, but not enough to says that strongest currency in the whole world.
Due to dollars was still the world currency so far. Maybe in the near future bitcoin can become the the world currency.
But I too think yes. Because it’s the beginning of bitcoins, these days bitcoin is using just to make money and on the other side fiat has spent thousands of years so fiat is stronger and one thing I know is that bitcoin will make the revolution the day is not so far when bitcoin will be the strongest currency in world.

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June 21, 2017, 08:34:46 PM
 #118

Bitcoin is strong in the sense its value is going up and its surviving all types of crashes but its terribly weak if you think of how few transactions are made with it. Its strength lies in its speculation not its current usability.
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June 21, 2017, 08:42:01 PM
 #119

I don't think Bitcoin is now the strongest currency in the world. It is becoming very valuable and popular all around the world but it is still not as popular as the global currency "USD" and it will have to travel a very very long way to surpass dollar.

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June 21, 2017, 10:23:31 PM
 #120

After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?

Bitcoin is becoming popular in different countries, but not enough to says that strongest currency in the whole world.
Due to dollars was still the world currency so far. Maybe in the near future bitcoin can become the the world currency.
no doubt that in crypto world bitcoin is already one of the most strongest currency of the world, but If we talk about the whole world including fiat currency, then very honestly  USD is still in top, and the reason is that USD is present for a long time and I am sure that it will continue as number one for a long time because the community of bitcoin is still very small and it will take a large time to make it more stronger than USD.
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