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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 32085 times)
SushiMonster
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August 28, 2017, 11:08:05 AM
 #501

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
 #502

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
 #503

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
 #504

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
 #505

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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August 28, 2017, 12:40:46 PM
 #506

If only market price attribute is taken, bitcoin has got overwhelming gains over major currencies since the time OP posted. And a lot of gains are ahead due to growing acceptance.
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August 28, 2017, 12:47:15 PM
 #507

For me bitcoin is not a strong currency .. but it is the biggest investment .. if you think currency may in some countries not yet use bjtcoin legall but they use bitcoin as a profitable investment. I think if bitcoin replaces the dollar maybe bitcoin will be the most powerful currency ..

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August 28, 2017, 12:55:30 PM
 #508

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.

Dollar will be the strongest currency in the world as the world's economy are relying to them. And when it goes for the crypto currency world, bitcoin is the strongest, most popular and powerful crypto coin. But one day, we will see bitcoin dominating the forex market and even dollar will be competing with it directly.

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August 28, 2017, 01:20:36 PM
 #509

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.

Dollar will be the strongest currency in the world as the world's economy are relying to them. And when it goes for the crypto currency world, bitcoin is the strongest, most popular and powerful crypto coin. But one day, we will see bitcoin dominating the forex market and even dollar will be competing with it directly.
What are you even saying about the world's economy relying on U.D. Dollar? From what I know each individual country has its own way of running its economy even without the help of the U.S. Dollar. And don't get me started on the debate about if the U.S. market id down all of the markets are down as well, it is just that american foreign investors happens to also pull out their investments to other markets outside of the U.S.  but it by no means affects the foreign market permanently.

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August 28, 2017, 01:28:35 PM
 #510

Bitcoin has only a few million users.
And many of them use it as an investment, not as a currency.
I think stability is a very important element for a strong currency.
Bitoin is way too volatile for that.
There are a few strong currencies in the world, but bitcoin is not amongst them.

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August 28, 2017, 01:39:41 PM
 #511

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?
Strongest cryptocurrecny indeed, but strongest currency? I highly doubt. There are lots of currencies. Currencies that are used through years, by different countries, currencies that has physical value and stable market price, and currencies which are legal to most countries of the world. Bitcoin's growth is amazing, but to say that it is the strongest currency and especially as of this moment will be a punch to the moon. It is still developing, there'll be more years to come. But maybe in the future, it will be the strongest.

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August 28, 2017, 06:15:04 PM
 #512

I believe In bitcoin and Think it is very cheep at the moment. But bitcoin Is not the strongest currency ATM because it is brand new and has huge fluctuation. Alot of people don't have faith in bitcoin and this can cause panic sell's. Bitcoin has a future of becoming the strongest currency in the world but has not hit this as yet. It needs to be more available and easier to trade for goods and services to become strong.       


on the other hand its the best investment today in the world and soon when it reach the enough years it will be the strongest among others.
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August 28, 2017, 06:27:02 PM
 #513

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?
Strongest cryptocurrecny indeed, but strongest currency? I highly doubt. There are lots of currencies. Currencies that are used through years, by different countries, currencies that has physical value and stable market price, and currencies which are legal to most countries of the world. Bitcoin's growth is amazing, but to say that it is the strongest currency and especially as of this moment will be a punch to the moon. It is still developing, there'll be more years to come. But maybe in the future, it will be the strongest.

Bitcoin is not the strongest currency in the world, clearly. And the mission of bitcoin is actually not being the strongest currency of the world. We don't need this, we need technologival innovation from bitcoin. Bitcoin is not similar to fiat money.

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August 28, 2017, 06:58:59 PM
 #514

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?
Strongest cryptocurrecny indeed, but strongest currency? I highly doubt. There are lots of currencies. Currencies that are used through years, by different countries, currencies that has physical value and stable market price, and currencies which are legal to most countries of the world. Bitcoin's growth is amazing, but to say that it is the strongest currency and especially as of this moment will be a punch to the moon. It is still developing, there'll be more years to come. But maybe in the future, it will be the strongest.

Bitcoin is not the strongest currency in the world, clearly. And the mission of bitcoin is actually not being the strongest currency of the world. We don't need this, we need technologival innovation from bitcoin. Bitcoin is not similar to fiat money.

Bitcoin is not the strongest currency in the world but yes the strongest crypto-currency of world. Now, I am seeing that many countries are banning it because people are not paying the tax. Now what can be the future of Bitcoin?

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August 28, 2017, 07:10:59 PM
 #515

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.

Dollar will be the strongest currency in the world as the world's economy are relying to them. And when it goes for the crypto currency world, bitcoin is the strongest, most popular and powerful crypto coin. But one day, we will see bitcoin dominating the forex market and even dollar will be competing with it directly.
Do you think the government will helps Bitcoin have opportunity compete with Dollar in future? No, never! They never make that future become true, because before that future, they have some way control Bitcoin or user Bitcoin.


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August 29, 2017, 01:01:18 AM
 #516

Bitcoin is not the strongest currency yet but it is of course the strongest cryptocurrency out there and with technology advancements and global acceptance in the rise it stands a chance of being used world wide and it could eventually become the strongest.



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August 29, 2017, 03:57:01 AM
 #517

For me it is by the functionality of being able to remotely move funds to any part of the world. It's limitless and boundless and suitable for any payment overseas. This makes it the strongest in my opinion.

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August 29, 2017, 06:00:34 AM
 #518

Without a doubt bitcoin now is the strongest currency of money in the whole wide world and in the digital world not only because of its value but also with its potential to still grow in the future.

We can see now that the bitcoin's market cap is almost reaching $80 billion market cap and it is already surpasses the cap of paypal one of the first payment platform in the internet, so for me it is the sign of strong currency today and in future of it.

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August 29, 2017, 09:03:08 AM
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Bitcoin isn't the strongest currency for reasons stated, but it is among one of the most valuable.
Nowadays bitcoin is not the strongest currency at the present time now, because the popularity of bitcoin has been categorize only in online matter where everbody are able to earn bitcoin on bitcointalk.org but that's not enough to say those things.

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August 29, 2017, 09:06:54 AM
 #520

No, i don't think that the Bitcoin is the strongest currency in the world simply because the popularity and acceptance of a currency are the factors which define how strong the currency is. I don't think Bitcoin is not as popular as DOLLAR-the current global currency.

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