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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 40972 times)
stolendata
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October 08, 2017, 09:29:17 PM
 #681

In crytocurrencies globe, I believe bitcoin was the strongest forex. But in truth bitcoin is only a single of the cash that starting to be popular. Nevertheless, I think someday bitcoin was achieve the place of getting strongest forex in the globe.
Yes there is no doubt that in crypto world bitcoin is the most strongest currency of the world, and still bitcoin is becoming more and more stronger as compare to other crypto currencies, because the users of bitcoin are increasing more as compare to the users of other crypto currencies, even those people who trade altcoin for them bitcoin is the main currency which they use for buying altcoins.
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October 09, 2017, 04:44:06 AM
 #682

Nations around the world won't legalize an asset if it was discovered valueless or truly feel that it will not likely aid with the country's development. Identical is with bitcoin, now many nations focus on legalizing bitcoin and few has previously legalized and settle for it comparable to the country's possess currency. This can make it far more robust and when the identical legalized utilization boosts the growth occurs abrupt and becomes a single of the strongest currency.
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October 10, 2017, 06:13:19 PM
 #683

if in my opinion yes it is not gan, the question of the world's strongest currency is the dollar / rupiah and many more national currency in the world other than dollar and rupiah.

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October 10, 2017, 06:33:02 PM
 #684

To my point of view, I would say that bitcoin is the strongest currency in the world which has mass adoption globally due to ease of transactions worldwide without any hinderences. This bitcoin system has built a bridge of transactions all over the world without any central authority to control the protocol and the most interesting part of this invention is that all the transactions are recorded on time in a public ledger known as blockchain technology, which is accessible to all from any part of the world without sharing users personal details.

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October 10, 2017, 06:50:37 PM
 #685

It really depends on what concept of 'strong' are we considering. Regarding volatility, it is clearly not the 'strongest', but look at how it works... the Bitcoin transaction protocol is much more 'strong' than any other fiat currency if we consider 'strong' as how safe it could be to hold Bitcoins. There is a bunch of characteristics we can consider to determine which one is the 'strongest'. In my opinion, considering some factors, BTC is the safer, faster, most transparent as well as most private (two opposite together, sounds difficult to reach right? It really depends on how you use it), as well as the one with more potential to growth, so, considering these factors, I would say it is the strongest. I think we reached a moment in which BTC starts challenging the status quo of government currencies... see what Japan is considering (J-Coin): https://www.ft.com/content/ca0b3892-a201-11e7-9e4f-7f5e6a7c98a2?mhq5j=e5

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October 10, 2017, 06:56:38 PM
 #686

If you considered a currency to be strong based on the fact that it has an upward trending price then bitcoin is almost certainly the strongest. However I would consider a currency to be strong when it has a stable price as well as a history to support this, otherwise it does not lend itself too well to being a currency within one country.

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October 10, 2017, 07:31:52 PM
 #687

Bitcoin is for sure the strongest currency in the world right now just look at the price. Look at the price then look at the fundamentals of the technology behind this revolutionary currency.
How can a fully speculative virtual asset, that is not even regulated be claimed to be the strongest currency? For me, strong currency is first of all, being USED. Right now, everyone seem to be afraid to pay with bitcoins, as they may raise in value in the future, so everybody is on holding mode. Bitcoin's price is too speculative and flactuates too much. It's not stable, therefore it's risky.
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October 10, 2017, 07:38:24 PM
 #688

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?

Nope. I would rather say it is the strongest altcoins among the all because for me based on my observations bitcoin is the head or the mother of all altcoins because eventhough you earned some unique tokens it can be converted in bitcoin. And I think bitcoin cannot be the most strongest currency because as we see today it has a lot of problems.

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October 10, 2017, 07:40:37 PM
 #689

Bitcoin is for sure the strongest currency in the world right now just look at the price. Look at the price then look at the fundamentals of the technology behind this revolutionary currency.
How can a fully speculative virtual asset, that is not even regulated be claimed to be the strongest currency? For me, strong currency is first of all, being USED. Right now, everyone seem to be afraid to pay with bitcoins, as they may raise in value in the future, so everybody is on holding mode. Bitcoin's price is too speculative and flactuates too much. It's not stable, therefore it's risky.

Price is not the main factor the will determine if a currency is strong or not, for example Bitcoin ma be the most expensive currency out there but it still is the most volatile one in the market. A strong currency no matter what the economy looks like still is priced the same even though the economy is bad. This signifies that the currency is not affected as to compared to the price movement of Bitcoin.

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October 10, 2017, 08:47:21 PM
 #690

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?

Nope. I would rather say it is the strongest altcoins among the all because for me based on my observations bitcoin is the head or the mother of all altcoins because eventhough you earned some unique tokens it can be converted in bitcoin. And I think bitcoin cannot be the most strongest currency because as we see today it has a lot of problems.
It still does not become a currency, how to it become the strongest currency in the world???
Do the owner of this thread forget Bitcoin is illegal?
No one accept it to buy anything in real-life, even some things daily needed but you still can not use Bitcoin to buy these things.

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October 10, 2017, 08:57:59 PM
 #691

At first bitcoin is not currency like fiat, it is just another a way to pay online. At the moment it is not legal in all countries and plus its value is tottaly affected by a number of investors and holders Smiley So nope it is not the strongest. Still you need dollars to buy bitcoin Grin

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October 10, 2017, 09:16:29 PM
 #692

At first bitcoin is not currency like fiat, it is just another a way to pay online. At the moment it is not legal in all countries and plus its value is tottaly affected by a number of investors and holders Smiley So nope it is not the strongest. Still you need dollars to buy bitcoin Grin
Can't agree, if it's payment way, then why does bitcoin's price changes? It's both together, currency with unique, own payment way, it don't needs cards, paper and etc.
Bitcoin is strong among cryptocurrencies, not in whole currencies because as we know even bitcoin is converted in USD usually and USD is strogest currency in the world.

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October 10, 2017, 09:31:08 PM
 #693

Bitcoin is not yet the strongest currency in the world, because its not really popular nor supported like the fiat currencies by the marketplaces or the governments. But its surely the first and the most powerful crypto currency until now.
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October 10, 2017, 09:44:50 PM
 #694

I think before Bitcoin really get the legality and recognition from around the world as Bitcoin currency can not be called as currency,
especially if in say as the strongest currency, for now we only make Bitcoin as a livelihood in order to be converted into currency conventional,
such as dollar, pound sterling etc ..

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October 10, 2017, 09:58:09 PM
 #695

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 dont think so, gold is strongest currency in the world since old days but bitcoin has lot of pottential. Bitcoin need more time to cover all currency in the world.

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October 10, 2017, 10:06:37 PM
 #696

   I do not know have some of you noticed that this topic is from:
-March 22, 2013, 01:43:58 PM
   Topic is old more then 4 years!
   I am a a little jealous on creator of this topic, he was here in early stages. Back than
people risked a lot more then we do now, who kept bitcoins from then until now is very
rich. I have seen that faucets in that time had very high prizes for each claim. And first
signature campaigns had high rates, many giveaways, bitcoin available for people to come
and take it.
   
   If some guy trusted in bitcoin in 2013 when bitcoin was not popular and expensive like
it is now, that is a message to us that we need to have trust in bitcoin too.

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bhadz
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October 10, 2017, 10:13:02 PM
 #697

Bitcoin is not yet the strongest currency in the world, because its not really popular nor supported like the fiat currencies by the marketplaces or the governments. But its surely the first and the most powerful crypto currency until now.

It's the world's strongest cryptocurrency and we all know about that. We have to look at the side of bitcoin that is being known because of it's fast moving in terms of it's price. There are so many people that are looking at this coin as an investment but don't forget that bitcoin is still a cryptocurrency where we can use as a payment method or money itself. For me it's the strongest cryptocurrency since the whole crypto market is crowded.


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October 10, 2017, 11:27:44 PM
 #698

Bitcoin does not become the strongest currency for a long time. It's not a legal one in many countries  Grin USD is and will be for a long long time the strongest currency in the world   Undecided It's sad that in some countries people even have no idea that btc exist
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October 10, 2017, 11:36:10 PM
 #699

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?

In my opinion, bitcoin has the highest value and the fastest to increase its value in the market whether its fiat or cryptocurrency. But if we will say that it is the strongest currency in the world?, then my answer is no, we can see that its rate is continually going up and down, compared to dollars that is very stable. For me, stability is the basis on saying which one is the strongest currency of all.

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October 10, 2017, 11:54:49 PM
 #700

Not yet, but i believe that a lot of people are supporters of bitcoin. Ang will continue to expand it's popularity all over the world.

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