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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 42116 times)
cryptokitty
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December 07, 2017, 11:24:03 PM
 #1261

I believe that bitcoin is the strongest digital currency for now. As I've noticed the latest price, and it seems that btc is still rising even if others are saying that it is too expensive to avail it at the recent price still the demand increases.
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December 08, 2017, 09:00:35 AM
 #1262

Yes,now it is the strongest currency in the world.It has a strongest security system and has a management team.Already, it is established currency in the world.

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December 08, 2017, 09:08:44 AM
 #1263

Whether or not Bitcoin is evena  currency anymore is up for debate... or at least it could be considered knid of confusing to the average user, because the fees are so high getting your transactions confirmed in a timely manner especially with retail is impossible.

 
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December 08, 2017, 10:34:47 PM
 #1264

No it is not. No one controls it and if there is any mistake in transactions, no one will return you Bitcoins you lost. It is simply a very valuable currency. But in other hand in it independence!
For me, this is not a Currency… Oh did I just say it’s not a Currency? That’s a little thing, cos I’m taking it easy on it. Someone even said it is not a Currency, and neither is it a Cryptocurrency. By the way, it is decentralized, a real currency is always centralized and not decentralized.

It is not legalized by the government and you can’t see it representing any country when currencies are mentioned. So it’s an Asset (digital-asset) for investment. Don’t think I’m against Bitcoin, I’m not…why should I be? I’m just pointing out the real facts.
It is obvious governments are not going to legalize or recognize bitcoin immediately that is bound to happen, bitcoin fits all the criteria needed to be a currency, just look for it, so it does not matter what the governments say about it, bitcoin is a currency, it is similar to what happens to gold many think gold is an asset, it is not, gold is a currency as well.

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December 08, 2017, 11:29:33 PM
 #1265

When we talk about the strongest currency we talk about many reasons to be . first we talk about a famous currency that everybody know it like "gold", second we can talk about a currency that it will be easy to use and to join it . moreover Transactions of Bitcoin are limited also the use of it is limited . so we can't say that Bitcoin is a strong currency , but we can say Bitcoin is a Currency that can be the strongest in the future when it will be famous and usuful in banking and in transactions.
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December 09, 2017, 12:57:12 AM
 #1266

With the price of more than $ 15k, can be ascertained that bitcoin is the world's most expensive currency, but this does not or yet make bitcoin is the world's strongest currency because when compared with the USD marketcap has not reached 1%.
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December 09, 2017, 02:54:10 AM
 #1267

Yes,now it is the strongest currency in the world.It has a strongest security system and has a management team.Already, it is established currency in the world.

Bitcoin is decentralized, not backed up by any parties even the government and the banks so I think it is still not an "established currency" in the world. For now bitcoin may be considered as the best asset online since it is giving us great profit from time to time. I also don't consider bitcoin having secure system since the users are the one responsible for taking care of it.
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December 09, 2017, 02:57:16 AM
 #1268

Is bitcoin even a currency?
I doubt.
Bitcoin today is mere an investment asset with high returns in short span of time. Bitcoin is becoming a store of value largely. I don't see any real use of bitcoin as a currency. Because of deflationary property no one is interested in using their bitcoin as a currency.

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December 09, 2017, 03:21:35 AM
 #1269

As of this moment I think bitcoin is not really the strongest currency in the world.because if bitcoin is the strongest currency other government did not ban this and many people of that country will disagree to ban bitcoin right? Bitcoin is in demand as of now for the good profits in short term.but I don't think so in the future if whole world can accepted bitcoin.
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December 09, 2017, 07:47:24 AM
 #1270

As of this moment I think bitcoin is not really the strongest currency in the world.because if bitcoin is the strongest currency other government did not ban this and many people of that country will disagree to ban bitcoin right? Bitcoin is in demand as of now for the good profits in short term.but I don't think so in the future if whole world can accepted bitcoin.
Bitcoin is one of the strongest currency and it doesn't mean that if bitcoin gets banned then it is not a good currency because they ban bitcoin because it is too good and it is a threat in their economy that the people might go for bitcoin because of decentralization and just abandon the traditional place for their money like banks.
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December 09, 2017, 10:21:49 PM
 #1271

Whether or not Bitcoin is evena  currency anymore is up for debate... or at least it could be considered knid of confusing to the average user, because the fees are so high getting your transactions confirmed in a timely manner especially with retail is impossible.
Bitcoin is a currency that is not up for debate but due to the high confirmation fees and time we can conclude that bitcoin is not a very good currency even if it is a great investment but in the next years the lightning network is going to make things different and bitcoin will become a better currency as a consequence.

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December 09, 2017, 10:27:07 PM
 #1272

As of this moment I think bitcoin is not really the strongest currency in the world.because if bitcoin is the strongest currency other government did not ban this and many people of that country will disagree to ban bitcoin right? Bitcoin is in demand as of now for the good profits in short term.but I don't think so in the future if whole world can accepted bitcoin.
Bitcoin is one of the strongest currency and it doesn't mean that if bitcoin gets banned then it is not a good currency because they ban bitcoin because it is too good and it is a threat in their economy that the people might go for bitcoin because of decentralization and just abandon the traditional place for their money like banks.

If we mean only digital currencies, bitcoin is the best one without worries, but if we mean all the national currencies, bitcoin can't be even with top 10 list. Real national currencies are much stronger than bitcoin.
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December 09, 2017, 10:28:45 PM
 #1273

unfortunately yes bitcoin is the strongest cryptocurrency, even if its technology is outdated
Bitcoin is the first ever crypto currency introduced to this world. By that time, bitcoin is really making lot of positive impact on the society as well as it is also helping number of people in making their lives very much comfortable. Though it is having lot of fame and popularity but still it cannot be treated it as the strongest currency of the world. It is still not recognized officially by this world which is creating few troubles.
No, Bitcoin wasn't the first cryptocurrency, but it was the first decentralyzed cryptocurrency.

Yes, Bitcoin will stay the strongest currency in the world with continuus growing community and a solid network.
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December 09, 2017, 10:33:01 PM
 #1274

Umm, isn't this obvious already? But i'm only saying this for crypto world.  On the other hand i still think that euro or usd  are stronger than Btc or other crypto currencies of course.


     
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December 10, 2017, 04:58:36 AM
 #1275

No, its not!  Bitcoin is not the strongest currency in the world but it has value or it is valuable. You cannot used bitcoin to buy your needs and wants in everyday life. You need to convert it first before you can use it. Bitcoin will become strongest if it can be use in the society and all transactions in the economy.
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December 10, 2017, 06:22:12 AM
 #1276

I don't think so. It will be strongest only when it reach each and every people. 

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December 10, 2017, 07:46:04 AM
 #1277

i think it is not. cause dollar is more than stronger than bitcoin. many of us thinking about what is the strongest currency in the world but doesnt think about what the value of it or when those money came from and where it country circulate. i probably say that dollar is the strongest currency in the world cause everyone knows dollar but bitcoin is not.
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December 10, 2017, 07:51:59 AM
 #1278

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 the first cryptocurrency and as time goes by its value has increasing daily and it is the strongest digital currency for now .We all know that is has a future someday and it continues growing in our economy.
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December 10, 2017, 08:05:54 AM
 #1279

Yes, I think bitcoin is now the strongest money in the world because most major campaigns now intend to partner with bitcoin to grow their business.
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December 10, 2017, 08:11:10 AM
 #1280

From today, yes since its price keeps on increasing thanks to investors. It may still collapse if those holders dumped it in the future and we can't conclude yet since its price is volatile.

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