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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 33103 times)
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July 17, 2017, 05:18:15 AM
 #321

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?
The bitcoin network extends all over the world. But I think this is not the strongest currency in the world. To do this is a problem, the current bitcoin has a place in the electronic money market has not been through the daily life.

I agree Bitcoin isn't the strongest currency in the world. I believe dolar still rules the world. Most Bitcoin investors and holders are choosing this as an investment thinking on fiat returns that are huge. They buy Bitcoins thinking in selling it very expensive to get more fiat than they had before to buy things they couldn't buy so fast by investing in real world with banks as middlemen for an example.

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July 17, 2017, 06:30:50 AM
 #322

See how the prices are diving now. Bitcoin has lost more than 30% of its value during the last 3 days, and I believe that by August 1, we will be ready to witness exchange rates below $1,000 per coin. Strong currencies don't get decimated like this.
It proves that bitcoin is not strong enough, look when something happens to bitcoin and when panic happens many users make a sale and it makes bitcoin prices go down very deep. That's enough to prove that bitcoin is not strong yet. Maybe time will tell when bitcoin will be strong enough

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July 17, 2017, 11:38:20 AM
 #323

I think for now butcoin is not yet the strongest currency in the world because it is not yet known to all people and countries and also many countries still not recognize and accept bitcoin as currency so i think bitcoin is not yet the strongest currency in the world. I think dollar is still superior and more influential.

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July 17, 2017, 12:15:24 PM
 #324

I think for now butcoin is not yet the strongest currency in the world because it is not yet known to all people and countries and also many countries still not recognize and accept bitcoin as currency so i think bitcoin is not yet the strongest currency in the world. I think dollar is still superior and more influential.
it is not about the recognization or the adoption. Bitcoin is the strongest currency on this planet because it is based on the computer and the internet while other currencies are still being used by paypal and controlled by the government. With Bitcoin, we can create our own freedom

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July 17, 2017, 03:52:09 PM
 #325

It's not the strongest because it is not very stable and there are some things that need to be fixed (Which I hope some of them will happen later this year), of course the price of bitcoin is taking peoples' attention and many people are investing in bitcoin rather than using it for transferring money or so but it has the potential to be one of the best/strongest currency in the world as the community is expanding very good and fast.

Well the newbies always look on income, even me when I was just starting here, I'm surprised that owww BTC price is so high I'm goona be a bitcoiner too, but along the way it's not as easy than you think because there are a lot of room for improments here especially the proper trasactions of coins and the support of the local government of different countries.

It's been a while since I've seen something so promising that's why I gave BTC a try and just like Microsoft on it's early days I think we're just only on the Xp or lower. Development era.


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July 17, 2017, 05:08:29 PM
 #326

I think for now butcoin is not yet the strongest currency in the world because it is not yet known to all people and countries and also many countries still not recognize and accept bitcoin as currency so i think bitcoin is not yet the strongest currency in the world. I think dollar is still superior and more influential.
it is not about the recognization or the adoption. Bitcoin is the strongest currency on this planet because it is based on the computer and the internet while other currencies are still being used by paypal and controlled by the government. With Bitcoin, we can create our own freedom

Bitcoin might not be the strongest currency of the world yet but it has full potential of becoming one of the greatest currency acceptable worldwide. The best thing is it is not geographically restricted and not any single country owns it, making it truly  ONE WORLD ONE CURRENCY concept true.



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July 17, 2017, 08:50:57 PM
 #327

I think for now butcoin is not yet the strongest currency in the world because it is not yet known to all people and countries and also many countries still not recognize and accept bitcoin as currency so i think bitcoin is not yet the strongest currency in the world. I think dollar is still superior and more influential.
it is not about the recognization or the adoption. Bitcoin is the strongest currency on this planet because it is based on the computer and the internet while other currencies are still being used by paypal and controlled by the government. With Bitcoin, we can create our own freedom

Bitcoin might not be the strongest currency of the world yet but it has full potential of becoming one of the greatest currency acceptable worldwide. The best thing is it is not geographically restricted and not any single country owns it, making it truly  ONE WORLD ONE CURRENCY concept true.
that is right currently bitcoin is not the strongest currency of the world. i think still USD is the strongest currency of the world, in fact USD is present from a long time and people have more trust on USD as they are using it for a long long time. but it is also fact that the use of bitcoin are also increasing from time to time and therefore we can expect that one day bitcoin will become the strongest currency of the world.

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July 18, 2017, 08:36:04 AM
 #328

Bitcoin now is still the number one crypto currency at this time.
It has a high exchange rate compared to other coins.
Bitcoin made history and created a good legacy for the next generations.

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July 18, 2017, 09:39:14 AM
 #329

Bitcoin now is still the number one crypto currency at this time.
It has a high exchange rate compared to other coins.
Bitcoin made history and created a good legacy for the next generations.
Practically you said a good idea about bitcoin, but although it's the strongest crypto currency nowadays, many of unfair people would like to take down this kind of trading. Of course it made history eversince but I don't think it will remain as stable afterall, specially most of the investors were declining their funds invested due to speculations spreading rumors about the negativities of bitcoin.

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July 18, 2017, 09:53:09 AM
 #330

Bitcoin now is still the number one crypto currency at this time.
It has a high exchange rate compared to other coins.
Bitcoin made history and created a good legacy for the next generations.

Yes in terms of digital currency bitcoin is the strongest.  But if we will include the currencies used in the world it would still be the US dollars because all the price or trade around the world is priced based on the dollars.  Just like in digital coins, all of the new emerging alt coins prices were based on the bitcoin price.  So it is indeed the number one and most trusted crypto currency as of the moment. 

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July 18, 2017, 10:24:45 AM
 #331

I think for now butcoin is not yet the strongest currency in the world because it is not yet known to all people and countries and also many countries still not recognize and accept bitcoin as currency so i think bitcoin is not yet the strongest currency in the world. I think dollar is still superior and more influential.
And to me I think bitcoin is going to now strongest currency because many people know about bitcoin and also known the importance of bitcoin that bitcoin is very important currency to them, and also it  will goes to precious currency of the world. Therefore, the users of bitcoin will be goes to increasing due to this bitcoin will be more much strongest.

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July 18, 2017, 10:36:33 AM
 #332

Is bitcoin now the strongest currency in the world? In terms of crytocurrencies definitely yes, but in term of cash surely no. Because in term of cash, there's are dollars and euros that stand on the top currency.

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July 18, 2017, 10:40:16 AM
 #333

Us dollars do the most common currency, but it seems to me that the prospects of the dollar is not. A lot of people want to abandon the dollar. They just didn't have the right tool. Now have a bitcoin and I think this is a serious competitor of the dollar in the future.

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July 18, 2017, 10:43:53 AM
 #334

It is strong but not the strongest.
Although it Costs nearly 2180$, comparing to some other curruncies (Euro, Dollar, Pound ...) the Btc is still developing and in its beginnings.
To be the strongest it has to be officially recognized globally.

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July 18, 2017, 11:52:14 AM
 #335

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 knew bitcoin was very trending in the internet and popular too in the entire world, but it's not enough to say it is the strongest currency all over the world. It is still US dollar is the strongest currency nowadays.

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July 18, 2017, 01:39:37 PM
 #336

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 knew bitcoin was very trending in the internet and popular too in the entire world, but it's not enough to say it is the strongest currency all over the world. It is still US dollar is the strongest currency nowadays.
There is a certain place where bitcoin is the strongest currency and that is only in the crypto currency while in the real world it is the legal currency regulated by the government are the most powerful. I hope everyone would understand that because it's hard for an investor to be misinformed when he is risking his money for bitoin as its investment.

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allthingsluxury
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July 18, 2017, 01:44:10 PM
 #337

Far from it, sadly the USD is still the King and it will be for some time, even though it is completely and utterly undeserving how corrupt and abused it is.

LuanX3
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July 18, 2017, 01:59:01 PM
 #338

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 knew bitcoin was very trending in the internet and popular too in the entire world, but it's not enough to say it is the strongest currency all over the world. It is still US dollar is the strongest currency nowadays.
There is a certain place where bitcoin is the strongest currency and that is only in the crypto currency while in the real world it is the legal currency regulated by the government are the most powerful. I hope everyone would understand that because it's hard for an investor to be misinformed when he is risking his money for bitoin as its investment.

I would say that is party correct. Crypto is strong in crypto and currency is strong in currency. Why the difference like that? Cryptocurrencies are not considered legal tender or currency or fiat. Why is that? Because legal tender or currency requires government/state regulations which is absent in most cryptocurrencies. Crypto are mostly decentralized which means it is not backed up by any valuable metals or a state.

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wuvdoll
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July 19, 2017, 01:27:08 PM
 #339

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 knew bitcoin was very trending in the internet and popular too in the entire world, but it's not enough to say it is the strongest currency all over the world. It is still US dollar is the strongest currency nowadays.
There is a certain place where bitcoin is the strongest currency and that is only in the crypto currency while in the real world it is the legal currency regulated by the government are the most powerful. I hope everyone would understand that because it's hard for an investor to be misinformed when he is risking his money for bitoin as its investment.

I would say that is party correct. Crypto is strong in crypto and currency is strong in currency. Why the difference like that? Cryptocurrencies are not considered legal tender or currency or fiat. Why is that? Because legal tender or currency requires government/state regulations which is absent in most cryptocurrencies. Crypto are mostly decentralized which means it is not backed up by any valuable metals or a state.
I don’t agree with you, pal. Crypto currencies are currencies indeed. Currency is simply a mean through which we can do trade and exchange goods, buy and sell things etc. currency could be anything that is accepted by majority and have some official standards. It could be a gold, silver, and bronze and so on.

It would be really cruel not to consider bitcoins the leading currency of the world. It has support of masses and soon will become the largest and strongest currency of the world.

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rjbtc2017
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July 20, 2017, 09:00:38 AM
 #340

In my opinion it is the Strong cryptocurrency in the world, but when it comes as the strongest currency seems unimaginable, even if it's rising popularity, we must also consider that bitcoin is not globally accepted in each country and it's not yet legal to all country.
but if we will fight a currency  1 unit of a currency and it's equivalence to USD dollars, i think bitcoin is the strongest cryptocurrency.
One Dinar has the value of 3.30 US Dollars ( highest/strongest among fiat money)
One Bitcoin has the value of 2300++ US Dollars.

If the time will come that bitcoin will be accepted by the goverment for each of the country i think Bitcoin will be the strongest currency in the world.

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