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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 42116 times)
Star_Bucks
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July 25, 2017, 06:10:51 PM
 #381

Nope, it wouldn't take a whole lot to get the numbers to start going down (compared to other currencies).

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.
I agree. Bitcoin is starting to become the strongest currency next to USD. It can be accessed through the use of computer or smartphones. The transaction is fast although it's risky. There are many people influencing others due to the high income they are recieving. We don't know what may happen with bitcoin the next few yours because of the continuous growth of the users of it. It may take time bit still I know thay it would be worth the wait for the investors.
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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MRlong
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July 25, 2017, 06:33:37 PM
 #382

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.

We have to be ready for bitcoin to shine over united states dollars by 2030. This is definitely not a fast process but bitcoin carry that potential and we're aware of this. Maybe, can't pass usd, but bitcoin can surpass euro.

When we are talking about only the price well if that is the case it could really surpass the euro or the usd because of its price but the problem with that is the spending unlike those fiat we can spend it easily because all of the stores accept our own fiat unlike bitcoin it is only few. Though if by 2030 all is using bitcoin that is really nice
Nope, I can sure 100% in future Bitcoin can't replace currency, this is reason Satoshi Nakamoto say it's cryptocurrency, not virual cash or digital cash ...
After this name hidden many meaning of Satoshi, and when you know it you can understand why Bitcoin can't replace FIAT Wink
The_Dark_Knight
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July 26, 2017, 12:46:50 AM
 #383

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.
You can use your earnings from signature campaigns as a way to start your trading career, that way you can avoid using your own money, also you will need to try t make do with the low amount of bitcoin that you have to invest since your margin for error is going to be on the low side.
v0rtecxz
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July 26, 2017, 06:38:35 AM
 #384

Bitcoin isn't the strongest currency for reasons stated, but it is among one of the most valuable.
Yes bitcoin is not a valid money but it is not the most expensive but the most expensive.
If bitcoin is a currency then bitcoin can be the currency of a country.
Yes I agree with your opinion, bitcoin currently can not for that, because the strongest currency is still held by Usd because of its enormous impact on the economy, small hopes bitcoin can compete, bitcoin is now known to many people but in terms of bitcoin prices tends not So stable and rapidly changing, maybe bitcoin is not the strongest currency in the world but the strongest currency in crypto, and bitcoin can be a benchmark price among other coin coins, to be number one in the world is clearly impossible,
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July 26, 2017, 07:49:58 AM
 #385

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.

We have to be ready for bitcoin to shine over united states dollars by 2030. This is definitely not a fast process but bitcoin carry that potential and we're aware of this. Maybe, can't pass usd, but bitcoin can surpass euro.

When we are talking about only the price well if that is the case it could really surpass the euro or the usd because of its price but the problem with that is the spending unlike those fiat we can spend it easily because all of the stores accept our own fiat unlike bitcoin it is only few. Though if by 2030 all is using bitcoin that is really nice
That’s right. Bitcoins do outdo other currencies in the context of prices. Besides they are more promising about profits than any other currency or business. I consider bitcoins among the strongest currencies of the world and soon they would be the leading currency when made legal all over the globe. When its usage for trivial purposes will become common, then it would be definitely the top currency of the world.
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July 26, 2017, 11:25:11 AM
 #386

At the moment no,but in the future bitcoin can be the strongest currency in the world.
John777
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July 26, 2017, 11:29:45 AM
 #387

Bitcoin is now the most powerful electronic currency in the world that helps many very well to earn. I think that bitcoin will always be the very first and best.

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July 26, 2017, 04:01:07 PM
 #388

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.
Objected sir, I would tell you that it is not more illegalize in some countries rather it not even properly banned in some country just because there country who are against bitcoin are the real favors of bitcoin they want to see the reality of bitcoin that bitcoin having real ability that can cross all markets. So after their progress on bitcoin one day they will legalize bitcoin as a good and services exchanging currency soon.
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July 27, 2017, 07:38:29 PM
 #389

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.

We have to be ready for bitcoin to shine over united states dollars by 2030. This is definitely not a fast process but bitcoin carry that potential and we're aware of this. Maybe, can't pass usd, but bitcoin can surpass euro.

When we are talking about only the price well if that is the case it could really surpass the euro or the usd because of its price but the problem with that is the spending unlike those fiat we can spend it easily because all of the stores accept our own fiat unlike bitcoin it is only few. Though if by 2030 all is using bitcoin that is really nice
Nope, I can sure 100% in future Bitcoin can't replace currency, this is reason Satoshi Nakamoto say it's cryptocurrency, not virual cash or digital cash ...
After this name hidden many meaning of Satoshi, and when you know it you can understand why Bitcoin can't replace FIAT Wink
It is real that bitcoin can’t replace in fiat currency in future because it is digital currency, but I think it is not necessary to be acquire the position of fiat currency. I think through electronic transaction bitcoin can make his position stronger in market to be recognized himself a currency and most beneficial and fast for business. I think nothing is impossible in the world.
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July 27, 2017, 07:38:49 PM
 #390

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.
Exactly it will take time to be used by people like US$ and it is also right you cannot buy everything by bitcoin. I think this due to non-awareness of all the people about bitcoin. Only educated person especially who is well known to computer and internet can understand bitcoin and such educated persons in the world, I think will be in decimal of the world population. When bitcoin recognized across the world then you would be able to buy everything paying bitcoin.
GregH37
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July 27, 2017, 08:57:57 PM
 #391

Bitcoin isn't the strongest currency for reasons stated, but it is among one of the most valuable.
Yes bitcoin is not a valid money but it is not the most expensive but the most expensive.
If bitcoin is a currency then bitcoin can be the currency of a country.
Yes I agree with your opinion, bitcoin currently can not for that, because the strongest currency is still held by Usd because of its enormous impact on the economy, small hopes bitcoin can compete, bitcoin is now known to many people but in terms of bitcoin prices tends not So stable and rapidly changing, maybe bitcoin is not the strongest currency in the world but the strongest currency in crypto, and bitcoin can be a benchmark price among other coin coins, to be number one in the world is clearly impossible,
USD is the strongest currency of the world and it is recognized internationally but you have noticed that the journey of USD to become the strongest currency is very long it has got the position of king currency after centuries not after years. Just in 8 years of his life, bitcoin has got immense popularity. I think bitcoin is going very fast than USD getting the position of king currency.
shayshaylaboogie
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July 27, 2017, 10:14:19 PM
 #392

Bitcoin isn't the strongest currency for reasons stated, but it is among one of the most valuable.
Yes bitcoin is not a valid money but it is not the most expensive but the most expensive.
If bitcoin is a currency then bitcoin can be the currency of a country.
Yes I agree with your opinion, bitcoin currently can not for that, because the strongest currency is still held by Usd because of its enormous impact on the economy, small hopes bitcoin can compete, bitcoin is now known to many people but in terms of bitcoin prices tends not So stable and rapidly changing, maybe bitcoin is not the strongest currency in the world but the strongest currency in crypto, and bitcoin can be a benchmark price among other coin coins, to be number one in the world is clearly impossible,
USD is the strongest currency of the world and it is recognized internationally but you have noticed that the journey of USD to become the strongest currency is very long it has got the position of king currency after centuries not after years. Just in 8 years of his life, bitcoin has got immense popularity. I think bitcoin is going very fast than USD getting the position of king currency.

The United States dollar is backed by the full faith of the United States government and its military. you just can't match that with Bitcoin Wink unless miners are about to buy tanks, guns and missles, this is simply not that. We are talking about a government fiat, not a social experiment like bitcoin.

the United States dollar is also backed by the work product and infrastructure of the American people. Trillions of dollars of capitalization. Bitcoin's market cap is big, but nothing like USD markets. USD is the currency of the world.
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July 28, 2017, 06:22:03 AM
 #393

yes, I think bitcoin now the strongest currency in the world.
Because bitcoin common in almost all the countries of the world.
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July 28, 2017, 08:44:51 AM
 #394

The strongest definition is certainly not measured based on the value of 1 unit but is the market capital, and it must be admitted that the dollar is the strongest at the moment, followed by the Euro and Yen, and bitcoin is not yet 50 lists.
The_Dark_Knight
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July 29, 2017, 01:29:43 AM
 #395

The strongest definition is certainly not measured based on the value of 1 unit but is the market capital, and it must be admitted that the dollar is the strongest at the moment, followed by the Euro and Yen, and bitcoin is not yet 50 lists.
That is just one way to measure the strength of a currency there are many other aspects that we can look at, that does not mean that every single aspect favors bitcoin but there are some in which bitcoin is clearly superior, bitcoin is better for the simple reason there is a limited supply unlike fiat that can be printed at will.
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July 29, 2017, 04:37:44 PM
 #396

The strongest definition is certainly not measured based on the value of 1 unit but is the market capital, and it must be admitted that the dollar is the strongest at the moment, followed by the Euro and Yen, and bitcoin is not yet 50 lists.
I agree with you that dollar is the top currency of the world right now. But that does not mean bitcoins have to do nothing with this list. Bitcoins are already in this list. Too many people are using them day by day. People love for bitcoins is increasing gradually. Bitcoins have earned some strong supporters by now. Within few years, it would be the strongest currency.
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July 29, 2017, 05:12:09 PM
 #397

Users have described it making comparison to the market capital for the specific coin. Secondly getting universal acceptance is simply a difficult thing to be done. This needs to be eradicated. For the same to make it an stronger currency more markets need to make bitcoin to be one among the currency same as local currency used all across the world. 

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July 29, 2017, 05:28:11 PM
 #398

Even though its currently the most valuable currency in the world, i will not say that its the strongest currency, Bitcoin can come crashing down in an instant if a country like Germany or the USA makes it illegal. Its price is determined by its investors who will all cash if such a thing happens.

 
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July 29, 2017, 05:34:17 PM
 #399

The strongest definition is certainly not measured based on the value of 1 unit but is the market capital, and it must be admitted that the dollar is the strongest at the moment, followed by the Euro and Yen, and bitcoin is not yet 50 lists.
I agree with you that dollar is the top currency of the world right now. But that does not mean bitcoins have to do nothing with this list. Bitcoins are already in this list. Too many people are using them day by day. People love for bitcoins is increasing gradually. Bitcoins have earned some strong supporters by now. Within few years, it would be the strongest currency.
About global the official acceptance currency dollar will be the strongest currency. Meanwhile, all currencies are equally strong, in every currency has separate purchasing power. Here, Bitcoin has different market, the currency of the Internet. Constantly growing its acceptance.
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July 29, 2017, 05:41:15 PM
 #400

No cryptos or BTC is the strongest currency in the world. I even think when we all die they would still be growing, in other words any of us will see that mighty day.
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