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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 40046 times)
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November 12, 2017, 08:14:39 PM
 #1041

This question should have been more appropriate a year/two ago. I think BTC have proven its worth over the years especially this year alone.

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November 12, 2017, 08:26:38 PM
 #1042

This question should have been more appropriate a year/two ago. I think BTC have proven its worth over the years especially this year alone.
As individuals are feeling that bitcoin is going down then they are thinking incorrectly in light of the fact that bitcoin have guaranteed to each and every client of bitcoin who are contributing and exchanging through bitcoin. That bitcoin will touch the cost of 15,000 USD. So we should need to put and get a bitcoin in a shabby cost since this is an opportunity to get more salary by bitcoin.

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November 13, 2017, 02:00:56 PM
 #1043

In my opinion, can we discuss btc to be the strongest if this hasn't acquired the satisfaction of location. As you may know that among the qualities of paper money known as lawful tender in certain legal system,  is it must be generally recognized for the reason that area or country because the situation maybe. Thus, for btc to be in comparison because the most powerful currency, I think for now — requirements considerable time. It is because, additionally, it needs to be generally recognized throughout the world as we know of document monies. For worth, we could say that because wetin a twinkle of the attention, one can be created a millionaire with btc. Btc is a digital forex
Yes indeed there is no doubt that bitcoin is one of the strong and powerful currency because bitcoin have made a very strong place in market and now it’s very stable so there is no doubt in bitcoin that it’s such a leading and fast growing currency in world in hope in future it will be more strong and powerful than ever.

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November 13, 2017, 08:55:07 PM
 #1044

Bitcoin is not nevertheless the strongest currency now but with the massive prospective in the potential, I imagine that it could be. These days only handful of men and women are know about it some are know only the word bitcoin and other people have deep expertise about bitcoin. To be the strongest it could be as well-liked and usable as current currency but with the rising prize and excellent opinions arrived from investors and customers it's appeals to numerous to knwow about bitcoin. Bitcoin is the foreseeable future digital currency.
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November 13, 2017, 10:25:58 PM
 #1045

bitcoin is not yet the strongest currency because bitcoin is not yet stable we cannot compare it in paper currency. bitcoin is not legalized in lot of countries. but bictoin has the potential to be the strongest currency in the world if all countries legalized bitcoin.

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November 13, 2017, 10:31:17 PM
 #1046

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
 #1047

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
 #1048

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
 #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?
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
 #1050

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
 #1051

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
 #1052

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
 #1053

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
 #1054

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
 #1055

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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PranDoW
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Machine Learning & AI - Trustless Ledger System


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November 15, 2017, 05:13:18 PM
 #1056

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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kramchers
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November 15, 2017, 05:20:27 PM
 #1057

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 !

SkyFlakes
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November 15, 2017, 05:37:23 PM
 #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?

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
 #1059

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.
YinShuiSiYuan
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Automatic Arbitrage Platform


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November 15, 2017, 05:45:04 PM
 #1060

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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