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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 42116 times)
FansUnite
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August 27, 2017, 09:30:57 PM
 #481

Based on sheer acceptability the answer to this is definitely no. American dollars are accepted in lots (nearly all??) countries around the world. Pretty much everyone knows American money.

But we'll see where bitcoin goes.

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August 27, 2017, 09:34:20 PM
 #482

the strongest currency in the world is the dollar due the extremely high level of acceptance.
but personally I would prefer euro/chf due the stability of these countries.
btc right now has the potential to be one of the most profitable currencies in the long term of the XXI centuries.
We will see it Wink
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August 27, 2017, 09:56:44 PM
 #483

I think that bitcoin is not yet the strongest currency, because many have not even heard of it. It takes a little more time to become more popular among the entire population of the planet.
you are wrong, bitcoin is the strongest among all other currencies and only thing that made bitcoin strong is its price and its wide range of users.
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August 27, 2017, 10:48:44 PM
 #484

To be considered the strongest currency it must have two things. First, the price should be the highest other than any currency. Second it must be steadfast in terms of its price. Since bitcoin is still volatile therefore according to second criteria its not the strongest currency.

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August 27, 2017, 10:57:18 PM
 #485

Strong currency always on the same rate, bitcoin is growing up fast and bringing down fast
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August 27, 2017, 11:00:42 PM
 #486

maybe at the moment bitcoin is the strongest cryptocurrencie in the world, but not the strongest currencie.
There are better currencies than bitcoin at the moment, and btc is always depending on usd too, so nope.
also, bitcoin is just the same as Gold only that is digital.
And i dont think that can happen in the future, just because usd and eur are always gonna be the top main currencies. and gold will always be the main commoditie.
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August 27, 2017, 11:59:09 PM
 #487

To be considered the strongest currency it must have two things. First, the price should be the highest other than any currency. Second it must be steadfast in terms of its price. Since bitcoin is still volatile therefore according to second criteria its not the strongest currency.
i do do not think that still bitcoin is the strongest currency throughout the world. but if we talk about crypto world then we can say that yes bitcoin is the best currency of the crypot world. because in real world USD is still the strongest and popular currency of the world, and i think that it will even remain as number one for a long time.
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August 27, 2017, 11:59:52 PM
 #488

maybe at the moment bitcoin is the strongest cryptocurrencie in the world, but not the strongest currencie.
There are better currencies than bitcoin at the moment, and btc is always depending on usd too, so nope.
also, bitcoin is just the same as Gold only that is digital.
And i dont think that can happen in the future, just because usd and eur are always gonna be the top main currencies. and gold will always be the main commoditie.

What honestly coins you mean that better in bitcoin?
We are seeing if those altcoin also will increase users and holders i will see they will also experience of large problem what already experience with bitcoin since bitcoin already experience of many problem and success it is more strongest bitcoin and they will never be an altcoin..
Since there are still no altcoin already experience the same as bitcoin that actually many people and merchant are accepting bitcoin as payment..
So in the future bitcoin will still be remain and useful.

Make crypto as your bank.
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August 28, 2017, 03:40:01 AM
 #489

To be considered the strongest currency it must have two things. First, the price should be the highest other than any currency. Second it must be steadfast in terms of its price. Since bitcoin is still volatile therefore according to second criteria its not the strongest currency.
i do do not think that still bitcoin is the strongest currency throughout the world. but if we talk about crypto world then we can say that yes bitcoin is the best currency of the crypot world. because in real world USD is still the strongest and popular currency of the world, and i think that it will even remain as number one for a long time.

Truly it is, still USD currency is major used in any transactions from other country. Because of having fix price and properly regulated by the government unlike bitcoin that have fluctuation price anytime. If we consider through online transactions nowadays, bitcoin is on top because of fast, less fees and easily to make transactions.
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August 28, 2017, 03:48:13 AM
 #490

These days bitcoin become more and more stronger because of its popularity, volatility and users there is no way that bitcoin will lose unless world war 3 will come there could be no internet, investors and users because of the global conflict.

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August 28, 2017, 06:54:17 AM
 #491

I think bitcoin is not yet the strongest currency in the world but there is a big possibility that it can be the strongest..bitcoin is now widely use and it became more popular as time passes by..it's value also continue to grow so I guess in later time bitcoin can replace dollar as the strongest currency.
I agree with that, with the number of people who's into internet nowadays its not impossible to happen.  The rapid growth of bitcoin users are obvious, with these i think in the near future it  can bet the other existing currencies

I think we can call bitcoin as the strongest digital currency because of the number of it's users. Even in pumps and downs, the price of bitcoin is still making a pump because the users are there to take advantage of the price dump.
Bitcoin has been experiencing many ups and downs in its trading history. But bitcoin is a cryptocurrency and not a common currency so I don't think it can be compared with local currencies.

Bitcoin is unique in itself and has many good experiences in investments. Yes for sure bitcoin is the strongest cryptocurrency ever and it can also grow much more wider in future. Bitcoin is decentralised and it makes it more popular amongst traders.

For me bitcoin is the 1st and strongest cryptocurrency of the world becuase of this value will contiously to grow ,rise. And become popular in the future so many people got interest this bitcoin becuase so essy to use . And i think this bitcoin is our future money .
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August 28, 2017, 07:00:52 AM
 #492

Bitcoin is not small if it is then why is the price already surpass $4000 and immediately became $4200. This only shows the rapis growth of this currency and has more potential to grow unlike fiat currency that is intended to oppress, exploit and corrupt it's citizens from their banks masters. Bitcoin is free and now it is more powerful than ever lots of merchants and countries starting to adapt it cause they recognize it's potential. Online and offline businesses are also accepting it.

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August 28, 2017, 07:31:30 AM
 #493

Investigating monetary standards is an activity in relativity. We can state the U.S. dollar is up, however in respect to what? It might be solid contrasted with the euro, yet is it solid when contrasted with the Brazilian real? (It's not, incidentally.)

With its current runup to record-breaking highs versus the dollar, the cryptographic money bitcoin demonstrates it's among the most grounded territories of the forex market. This brings up two issues. Initially, is this another bubbly run like the one seen in 2013? What's more, on the off chance that it is a positively trending market, does that have suggestions that rise above the insignificant relative strengths among monetary forms?
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August 28, 2017, 07:38:31 AM
 #494

Looks not yet seen to the whole world seems Bitcoin to be the strongest currency, as far as i know just in some countries bitcoin as a strong currency. But i'm sure Bitcoin will be a strong currency in the world, with its higher value and some of its advantages, Bitcoin will be a strong currency in the world surely i guess and its popularity will be widespread and more stronger.
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August 28, 2017, 08:32:33 AM
 #495

In my view, can we talk about btc being the strongest when it has not gained the pride of place. As we know that one of the qualities of paper money called legal tender in some jurisdiction,  is that it must be generally accepted in that locality or country as the case maybe. Thus, for btc to be compared as the strongest currency, I think for now — needs a lot of time. This is because, it also has to be generally accepted globally as we know of paper monies.
For value, we could say that because wetin a twinkle of an eye, one can be made a billionaire with btc.
Btc is a digital currency & doing excellently well.

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August 28, 2017, 11:08:05 AM
 #496

I still believe dollar is the strongest currency in the world. It will take a long time for bitcoin to rise up against the competition in terms of currency being used worldwide.
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August 28, 2017, 11:15:21 AM
 #497

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 today is very popular and we all know that it's value is constantly increasing though there are still times where it goes down by just a little. Compared to the other currencies, it may have the chance to become the strongest but the fact that it is not yet legalized in the whole world makes us jump into the conclusion that it will still take up a long time before bitcoin will made it to the top. Dollars I think is the strongest right now but I know someday bitcoin will be able to take over it.
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August 28, 2017, 11:53:50 AM
 #498

My opinion is bitcoin is not the strongest currency in the world. It is the most expensive currency in the world, but it did so ourselves. We see that continually happen to a fork. That says more about the weakness of the currency.
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August 28, 2017, 12:23:47 PM
 #499

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 today is very popular and we all know that it's value is constantly increasing though there are still times where it goes down by just a little. Compared to the other currencies, it may have the chance to become the strongest but the fact that it is not yet legalized in the whole world makes us jump into the conclusion that it will still take up a long time before bitcoin will made it to the top. Dollars I think is the strongest right now but I know someday bitcoin will be able to take over it.
               As much as I agree with you, because bitcoin is an international currency and that makes it very strong. I have read some articles before saying that the reason why bitcoin is not yet legalized in some other countries is that, it is also considered as illegal, or some or maybe few are using it in illegal activities. I had also read that bitcoin has creating competition against fiat that is why the government will not legalize it or maybe it will take time until it would be legalized.

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August 28, 2017, 12:34:34 PM
 #500

Not exectly. But as we can see its value is increasing day by day so it has potentiality to become strongest currency in the world.

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