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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 41006 times)
benalexis12
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November 13, 2017, 10:31:17 PM
 #1041

right now yes, coz the current price is too high.. and bitcoin a digital gold asset that we can use to transact online. Bitcoin is popular now a days maybe some other country don't even advertise bitcoin, but for sure they will share it to their citizen.

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November 13, 2017, 10:53:23 PM
 #1042

right now yes, coz the current price is too high.. and bitcoin a digital gold asset that we can use to transact online. Bitcoin is popular now a days maybe some other country don't even advertise bitcoin, but for sure they will share it to their citizen.

We can say strongest or most expensive or valuable digital currency in the world at the moment rather than just saying currency as it could be confused with the fiat currency and yes bitcoin will be the king of crypto currency and remain the same and keep growing even though there are some alt coins in the market with uncertain future. 

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November 14, 2017, 01:13:13 AM
 #1043

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?




I think Bitcoin is a stronger currency as of now but i don't think so if all people using bitcoin then the currency value is going strong at the end and stable until it can be usable for individual and being sustainable in the long term. no one can predict on what is the status of bitcoin if it is available for every people

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November 14, 2017, 01:18:29 AM
 #1044

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?
Maybe they are looking at the current value of bitcoin but in future its value will be big when it is pump again.
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November 14, 2017, 02:55:06 AM
 #1045

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?
No. I don’t think that bitcoin is the strongest currency in the world right now. I think dollar is the strongest currency in the world. Because firstly it is very popular through out the world and is way more popular than bitcoin. Then dollar has more users than bitcoin of all ages. Then dollar is more stable form of currency than bitcoin since its prices does not fluctuate. Then dollar is centralised making it more stable than bitcoins. Whereas bitcoin is not governed by any government making it less stable.

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November 14, 2017, 03:01:51 AM
 #1046

When trying to answer this question you have to consider what makes a strong currency and the first word that jumps out to me is stability, bitcoin is not stable and therefore is not really suited to being a traditional currency and thus lacks strength.
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November 14, 2017, 04:39:30 AM
 #1047

When trying to answer this question you have to consider what makes a strong currency and the first word that jumps out to me is stability, bitcoin is not stable and therefore is not really suited to being a traditional currency and thus lacks strength.
It's strong that is why it reached this level of value, you cannot compared a currency that uses the decentralized system to the one that is centralized because they have different nature, bitcoin is volatile  and still people trust it to become one of the most useful currency online.
Maybe we are not yet ready to accept this reality but the world will change and slowly people will adopt to a more transparent and user friendly.

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November 14, 2017, 04:52:28 AM
 #1048

No. It will take many years before we can say that bitcoin os the strongest currency all over the world. Bitcoin os just creating its name now, it's just revealing itself and what are its characteristics in which people will choose to get to it. We can consider that bitcoin is just starting its race, maybe in the future, if it surpassed all the challenges that may come on its way, we vcan declare that it is the new strongest currency of the world.

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November 14, 2017, 04:55:38 AM
 #1049

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?
[/quo

Bitcoin is it's own world entirely. It is sti the king of Cryptocurrency at the moment. Where bitcoin isn't accepted yet or known, it can't be king there at all. I did say  bitcoin being the strongest at this stage is a relative term. When and if bitcoin works its ways through the  hearts of all the nations/countries then can it be termed as the strongest, publicly and undisputed. Bitcoin knowledge is not to be limited at this point too. This is the age of digital money!
Exactly! There is no way that we can deny the worth and importance of bitcoin. But the fact is still there are lot of things which bitcoin needs to do in order to become the strongest currency of the world. The most important thing which can play a vital role in helping bitcoin in becoming the strongest currency of the world is the legalization of the bitcoin across the globe. It is indeed not an easy thing to do.


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November 15, 2017, 05:10:50 AM
 #1050

Nevertheless no. Bitcoin will be the strongest forex if the price is steady as gold and if the market capitalization of bitcoin surpasses gold. Effectively bitcoin can obtain this but not for now.May be in near future the place bitcoin is accepted by the governments all more than the world who understands when will bitcoin be the strongest forex in the planet

Maybe as of now, it is a little bit far from reality that bitcoin is the strongest currency in the world. It is because there are still some places of the world that would not accept bitcoin as one of the means of payment because they have negative impression about it. Or somehow, unaware of the increasing of the bitcoin price nowadays.
Bitcoin is the strongest currency in the present world. As it is considered to be improving towards the greater level of success in near future, the prices might rise again to a level of somewhat equal to 10 k dollars for a single bitcoin.

Hence it could be regarded as the strongest currency but there are some weak points to that hinders its stability such as being illegal, decentralized and non traceable are some factors that could cause it to lose its value as governmental support could get questioned upon these matters.

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November 15, 2017, 05:13:18 PM
 #1051

The largest danger when you're keeping Bitcoin is somedays, tockchain system is dropped , everything will end up dust , included valuation of the Bitcoin too. As other home, Bitcoin could lose it is value someway as well.he bl

Everything can lose its value. It realy hard to imagine that system gonna drop in one day, I do not know what's going to happen for this

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November 15, 2017, 05:20:27 PM
 #1052

i can tell bitcoin is the most expensive currency! i cant tell it being the strogest because bitcoin is nothing with out the connection of internet..
but once it settlled on offline well nothing can ask for more !

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November 15, 2017, 05:37:23 PM
 #1053

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?

I think its not, well even though bitcoin has been popularized and used by the increasing number of people , still we cannot consider bitcoinas the strongest currwncy due to the fact the credibilty of bitcoinis less disadvantages were present I mean like being banned , not being used something like that.

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November 15, 2017, 05:40:58 PM
 #1054

Bitcoin is the strongest currency in its own world, the cryptocurrency. While in the physical money the strongest currency as of now is Kuwaiti Dinar (KWD). KWD is the official currency of Kuwait. One KWD is equal to a whopping 212.262 Indian Rupees. Kuwait actually possesses the fourth highest per capita income in the world, largely thanks to the country’s massive oil reserves.

Surprisingly at the top 10 of the list is USA even though it is the most traded currency in the world. Over the last few years, USD value has depreciated but the strength hasn’t. USD is valued at 64.31 in Indian Rupees. Many consider this as the most valuable currency in the world ( Asian ) owning to US as a super power nation.
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November 15, 2017, 05:45:04 PM
 #1055

It was, it is and it will be so just if you have some saving enter in it till the 2040 and wait what will happen!

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November 15, 2017, 05:48:27 PM
 #1056

I think the only thing that holds bitcoin from becoming the strongest currency in the world is the popularity. As a currency that value 6600$, bitcoin is still not so popular in many countries and the number of users is so small. That's the part of media in spreading new things to people and they still do not consider it as a real currency or that's what media in my country think. I believe in the coming months, bitcoin popularity will rise and it will start being part of economical plans for some countries.

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josealerav
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November 16, 2017, 02:07:06 AM
 #1057

Yes, i'm with you, i think Bitcoin is the strongest currency in the world because there is no currency else can valuable as Bitcoin is.
noictib
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November 16, 2017, 02:27:28 AM
 #1058

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?
Yes , surely the bitcoin is a stronger coin in the world and also it will become international coin once surely that will be available to use legally and offically for the transaction ( Still we can use as an international currency without any problem but that is not official way to send money from one country to another ) .
We can see exactly what we got from the bitcoin here , earlier we were not able to make payment worldwide easily with fiat but after came of the bitcoin like things we came across that platfrom where we have no limit to manage our money .
It totally changed the world economy system , so here we can understand well that how the bitcoin is important for the future and also doing the bitcoin best for us .


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LoudA__
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November 16, 2017, 05:19:50 AM
 #1059

Yes, i'm with you, i think Bitcoin is the strongest currency in the world because there is no currency else can valuable as Bitcoin is.

The price or how valuable a crypto currency is, is not a sign of it being strong. Bitcoin is strong because it is still on going and still increasing despite of it challenges and obstacles. A lot of people want to bring bitcoin down but no matter what they do, bitcoin is still reigning. It is because a lot of people, even if there are a lot of crypto currencies still uses and trusts bitcoin.

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November 16, 2017, 06:24:55 AM
 #1060

I don't think so even when we see that 1 BTC cost $7,200 doesn't mean you can buy everything with it, I think its the purchasing power of the currency is what makes it strong over the other currencies. Bitcoins purchasing power is slowly increasing since more and more merchants and countries are starting to accept and recognize Bitcoin.

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