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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 41397 times)
choppork
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July 23, 2017, 03:35:36 PM
 #361

Maybe "strong" in a way that bitcoin has a strong support by the users and there are new people coming in. But seriously, is bitcoin strong at all? Let's lay down the facts. Once a whale gets out of the market, the whole market goes down and it takes a while before we can ever recover. Bitcoin is also not backed by any commodity, it's not issued by any government. Bitcoin is unregulated. When you lost your bitcoin, you don't have any customer support to talk to.

I just want to point out that we're all living in a bubble here. At the end of the day, you're not safe. At the end of the day, this is still a zero sum game and once the whales have left this market, then it's goodbye to your investments and to bitcoin itself.

Fiat is still the strongest currency in the world. I might not know which one specifically but you get the gist. Fiat is not backed by something too but it has a government that issues it.

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July 23, 2017, 04:06:31 PM
 #362

The bitcoin is not the strongest rather it is the currency that have the highest price because of it's uniqueness and I like bitcoin because the bitcoin is my way of income and that's way for me the bitcoin is the best of making money and because of it's price uniqueness..


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July 23, 2017, 08:56:54 PM
 #363

I think that folks doesnt know the power of bitcoin. Bitcoin is potential breakthrough now and in the future as well. The price is regardless of current situation and it shouldn't be mixed up in the future. It will rise surely in the future and after the corrections are being made. People are unaware of these things but when they become one they will start working on it too. But that would be probably late for them to get started.
Bitcoin to be one of the world's economic forces today. We all have known bitcoin in 2009 and now there are still many who do not know bitcoin, I think they are the less fortunate. They eliminate the opportunity to use bitcoin in a long time. yes bitcoin will always be in demand at the moment and will be one of the most major currencies, just look at the current price of bitcoin was at 2000USD rates and some time ago had touched 2800USD.
to me currently i do not think that bitcoin number one currency of the world but  in crypto world it is really  number one currency of the crypto world. i think in future bitcoin will be the number currency of the world when all the people of the world start using bitcoin.i am sure that the bitcoin users are increasing from time time and hope that very soon bitcoin will have a good community.
In my opinion I will tell you brother that crypto currencies are the future currencies. As you mentioned that bitcoin is number 1 currencies in crypto currencies then you are right. But as you mentioned in the fiat money. You said it is not. As you know countries are getting accepting bitcoin. Like Australia, Japan, and India has accepted bitcoin as legit. So I will tell you that after two to three years bitcoin will be number 1 currency in the world.

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July 23, 2017, 09:08:38 PM
 #364

Still no. Bitcoin will be the strongest currency if the price is stable as gold and if the market capitalization of bitcoin surpasses gold. Well bitcoin can achieve this but not for now.May be in near future where bitcoin is accepted by the governments all over the world who knows when will bitcoin be the strongest currency in the world



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July 23, 2017, 09:11:56 PM
 #365

You are confusing something that is new and good looking with a reality. Bitcoin populairty is growing and it will be the beggining of a full monetary revolution, but it still needs time.
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July 23, 2017, 09:16:56 PM
 #366

Yea bitcoin is the strongest currency in the world but in future we can see different situactions because there are many smart people which can see some things which are bad in bitcoin cryptocurrency and thah bad things he can fix and make own better cryptocurrency.
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July 24, 2017, 05:37:14 AM
 #367

Bitcoin is now the strongest crypto currency in the world and he really has a huge potential. It will not become the strongest currency in the world, but it will exist in parallel with real money.
It is just for temporary because it is the first cryptocurrency that ever released but after a few years, bitcoin will be like the usual metal that it will have rust and people will find another cryptocurrency that is best for their needs and will fit to their likes for a cryptocurrency and bitcoin will be just ignored and abandoned.
Keep dreaming the chances of that happening are very low, I would give your comment a chance if you instead claimed that bitcoin will be surpassed or something like that but to think bitcoin is going to be completely abandoned and that no one will use it, it’s not going to happen.
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July 24, 2017, 06:50:42 AM
 #368

For now on bitcoin is still not yet the strongest currency in the world. Dollars now are the great and the strongest currency today but among to the expert as days past by bitcoin will replaced dollars after 20-30 years from now and that was really I believe that bitcoin will be the next currency in the world.


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emem03
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July 24, 2017, 06:56:55 AM
 #369

Bitcoin now is the strongest currency in the world, it most popular in all currency. Because bitcoin has a value and profitable. Bitcoin is popular and everywhere most people wants to invest in bitcoin.
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July 24, 2017, 07:06:20 AM
 #370

Still no. Bitcoin will be the strongest currency if the price is stable as gold and if the market capitalization of bitcoin surpasses gold. Well bitcoin can achieve this but not for now.May be in near future where bitcoin is accepted by the governments all over the world who knows when will bitcoin be the strongest currency in the world
Good point here, Bitcoin really needs much more time to mature and to be able to surpass gold;s market capitalization, it needs more and more users, miners and investors, but as of now as we can see the progress of bitcoin the possibilities and potential is there but the stability , we cannot just say that it can surpass gold, as of the potentials it showing today, maybe later after a time passes and the maturity is really met, we can look to the future that bitcoin is the strongest currency in the world.
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July 24, 2017, 01:09:24 PM
 #371

Nope, it wouldn't take a whole lot to get the numbers to start going down (compared to other currencies).
Well ma'am/sir, as far as I know bitcoin will be known globally even us, located in a rural areas and I believe that bitcoin is the strongest currency in the world because of a lot of people patronizing this.

As much as it pains me to say it, this is the truth.

Now, it does have the capability to become the strongest, so do take that into account.

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July 24, 2017, 01:13:06 PM
 #372

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.

Bro... 1 unit of a currency? Then this coin defenitely outruns bitcoin BY FAR! over $130,000 per coin!
https://coinmarketcap.com/currencies/23-skidoo/

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July 24, 2017, 02:12:09 PM
 #373

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 strongest CRYPTOCURRENCY maybe. But NOT as the strongest currency. GOLD is. Gold backs up other currencies and their values depend on the gold reserves in the country. Since bitcoin is virtual and wasnt backed up with anything, as it is described, it doesnt have any ground to base upon. It isnt even used or fully recognized in some areas in the globe. It's legalization is still debatable. Its price is not stable. Its market is growing but not YET large enough to create great economic impact. Having these said, bitcoin has still a lot of processes to go through and many developments and innovation needed before becoming the strongest currency. It has the potential but as today, its still under a lot of observation.                                                                     


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bitterguy28
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July 24, 2017, 02:31:51 PM
 #374

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 strongest CRYPTOCURRENCY maybe. But NOT as the strongest currency. GOLD is. Gold backs up other currencies and their values depend on the gold reserves in the country. Since bitcoin is virtual and wasnt backed up with anything, as it is described, it doesnt have any ground to base upon. It isnt even used or fully recognized in some areas in the globe. It's legalization is still debatable. Its price is not stable. Its market is growing but not YET large enough to create great economic impact. Having these said, bitcoin has still a lot of processes to go through and many developments and innovation needed before becoming the strongest currency. It has the potential but as today, its still under a lot of observation.                                                                     


correct the bitcoin currency strongest in the futere other than currency but now need to introduce to the peopole the bitcoin to adopt the world as the currency using altcoin the crypto currencies go on top if communities know how the important of bitcoin.
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July 24, 2017, 07:23:18 PM
 #375

Bitcoin now is the strongest currency in the world, it most popular in all currency. Because bitcoin has a value and profitable. Bitcoin is popular and everywhere most people wants to invest in bitcoin.
yes bitcoin has become the strongest currency of the world and its all is happening just because of the price getting so high day by day the number of people connecting in bitcoin is now very large as compare to the other currencies and the value is increasing with it so I think the bitcoin is the most strong currency.

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July 24, 2017, 09:19:06 PM
 #376

Bitcoin now is the strongest currency in the world, it most popular in all currency. Because bitcoin has a value and profitable. Bitcoin is popular and everywhere most people wants to invest in bitcoin.
yes bitcoin has become the strongest currency of the world and its all is happening just because of the price getting so high day by day the number of people connecting in bitcoin is now very large as compare to the other currencies and the value is increasing with it so I think the bitcoin is the most strong currency.
but i do not think that bitcoin is the strongest currency of the world, to me think USD is in fact still the strongest currency of the world and i think that it will remain as number one for a long time. because the user of bitcoin are still very low and it will take a lot of time when its users will increase more. but i am sure that bitcoin has a very bright future and therefore in future it is more expected that bitcoin will become the number one currency of the world.
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July 24, 2017, 09:45:21 PM
 #377

Bitcoin now is the strongest currency in the world, it most popular in all currency. Because bitcoin has a value and profitable. Bitcoin is popular and everywhere most people wants to invest in bitcoin.
yes bitcoin has become the strongest currency of the world and its all is happening just because of the price getting so high day by day the number of people connecting in bitcoin is now very large as compare to the other currencies and the value is increasing with it so I think the bitcoin is the most strong currency.
to me i think that in present time USD is the strongest currency of the world but i think that now bitcion is becoming popular and very soon it will replace dollar, because now people and specially the young generation is now giving more importance to online shopping and business and there bitcoin is the only good option with them to use therefore i think that bitcoin will replace USD very  soon or at least it will reduce the popularity of USD so much.
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July 24, 2017, 09:51:56 PM
 #378

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?
Signature campaign can be a job. Nowadays many people are now focusing and joining in signature campaign because they know that there is big profit that they can get if they join and participate in signature campaign.


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July 24, 2017, 11:22:27 PM
 #379

After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that  is too small.  Does it matter?
Signature campaign can be a job. Nowadays many people are now focusing and joining in signature campaign because they know that there is big profit that they can get if they join and participate in signature campaign.
yes people are joining signature campaigns as they consider is as a job. but i think the earning bitcoin through signature campaign is not such a good profit. i think the signature campaign income is enough for our pocket money, but i think if a person want to make good money then he need to start trading altcoin from where he can get good profit in a short period of time.

.
REMIIT.IO.
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July 25, 2017, 12:51:19 AM
 #380

Until now,USD is the strongest currency in the world since it has been used as global reserve currency over the past seventy years.It gained its importance from the time when OPEC,oil manufacturing countries agreed to sell crude oil only for dollars.But bitcoin has just crossed its initial eight years.More over,it has not been legalized yet in majority of countries.We could not buy all the products with bitcoins in all parts of the world.So,it would take more time for bitcoin to replace USD and become the strongest currency.
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