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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 42116 times)
TrumpD
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October 20, 2017, 01:14:54 PM
 #781

Until it is widely adopted it is still very far from being the strongest currency in the world. Hypothetically, multiple regulation worldwide could send the price crashing down at any time. It is a good currency, and is on its way to being a strong currency, but there is a long way to go before it would be considered the strongest. no inflation is a big plus.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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supandi wiharja
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October 20, 2017, 01:29:10 PM
 #782

In my opinion, bitcoin is not the strongest currency in the world, because the world's strongest currency is still American dollar.
But for digital currency, i think bitcoin is the strongest.
Because making bitcoin as world currency, i think this will cause many pros and cons even though bitcoin is currently the best performing currency in the world.

tylerderden
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October 20, 2017, 02:25:25 PM
 #783

No. Bitcoin is not the strongest currency in the world. It is not even considered as one of the mainstream currencies. It is an extremely volatile cryptocurrency. Though it has potential to reach heights, the unstability acts as an withholding factor for it to be a strong one.
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October 20, 2017, 02:27:59 PM
 #784

I say that bitcoin is now strongest currency in online world.

Strongest crypto currency? Yes. Strongest online digital currency, I'd argue NO for now. Paypal as much as I hate them are number one for online payment. It could change soon, what is happening now with bitcoin is unprecedented.

Gabrieelle
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October 20, 2017, 02:54:10 PM
 #785

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.
Yes I'm with you on that. Bitcoin is really the most powerful cryptocurrency because even we use alternative coins we always go back to bitcoin which is the mother of cryptocurrency. It surely helps a lot of people to earn some income and pay their bills. Bitcoin made our life easier because of the advantages we are getting from it, a lot of users are being benefited.
cinchin
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October 20, 2017, 04:26:10 PM
 #786

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.

I am agree with you, being decentralized currency we can easily say that bitcoin is the most powerful coin in crypto world but it can not compete with the centralized currency which can be used online and offline transaction and also centralized currency are the main currency of all people in the world while bitcoin is only people who have an interest on using this kind of currency not all people can used and have this currency.
- Exactly, Bitcoin can be called the strongest currency in the crypto world but in the real world, it still can not afford to do that, it is just a virtual currency and the person who created it has disappeared, it has no strong supporters behind, it can not compete with the other currencies in the real world
- In addition, in the real world, bitcoin is not so popular, not everyone knows and wants to use bitcoin, most people use and think the dollar is the strongest currency because in the back of the dollar is a very strong country, influence of that country to the world is very terrible
stayeduptolate
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October 20, 2017, 04:49:41 PM
 #787

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?
It’s true that bitcoin has shown tremendous growth rates since it had started and its gainining huge amounts of popularity and users are also increasing day by day. But the bitter truth is that u can’t be said as the strongest currency in the world. That would be said to be gold. Even though bitcoin’s price is higher than that of gold. This is because firstly, gold is way too much popular than bitcoin. It has way more users than bitcoin. It does not need internet to function as internet is srill not available throughout the planet, it poses a limitation for bitcoin. Lastly gold is centralised currency whereas on the other hand bitcoin is decentralised.
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October 20, 2017, 05:07:57 PM
 #788

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.
Yes I'm with you on that. Bitcoin is really the most powerful cryptocurrency because even we use alternative coins we always go back to bitcoin which is the mother of cryptocurrency. It surely helps a lot of people to earn some income and pay their bills. Bitcoin made our life easier because of the advantages we are getting from it, a lot of users are being benefited.
As me, after used Bitcoin and work on some Bitcoin jobs, it helped me change my life a lot. I do not care about the salary not enough for my family every month, I can sell it and receive FIAT or use it to invest and make more money.

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
trako
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October 20, 2017, 05:24:24 PM
 #789

I do not think such a power is in question yet. but it is certain that it will play an active role in the financial markets in the future. the best example of which is the clearest example of the strengthening of the intervention of the Chinese government for BTC.
I look forward to the future with excitement.
ModGirl
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October 20, 2017, 08:40:16 PM
 #790

for me is not sure if the bitcoin is the biggest money in the world but the ones I'm basing on are much better in bitcoin than I know if those are true and I also read in your opinions you agree that bitcoin is the strongest money so no one can say right now that bitcoin really is the only answer I have not really really sure ....
Actually the thing is we can’t predict strongly about bitcoin as the world most strongest currency right now. Reason is all about the less spreading of bitcoin in all corners of the world. There are only few countries in which people know about it. But as fast bitcoin is getting fame, it will take time and in future you can easily predict the bitcoin as the strongest currency of the world.
Hutalar
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October 20, 2017, 10:06:07 PM
 #791

I say that bitcoin is now strongest currency in online world.
Yes I agree with you bitcoin is now one of the strong currency in world and day by day it’s going to do progress recently bitcoin arrived to Thailand also demand of bitcoin is now increase so when the demand of anything become increase the price and value are become increase automatically so in future the price will go more high than ever.
andrei56
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October 20, 2017, 11:33:40 PM
 #792

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?
When it comes to currencies size matters, bitcoin is too small right now but I will say that is already one of the top 50 strongest currencies, and if things keep going in this direction it is not going to take a lot time before it begins to challenge the most powerful currencies of the world.
Gameroid
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October 20, 2017, 11:58:04 PM
 #793

for me is not sure if the bitcoin is the biggest money in the world but the ones I'm basing on are much better in bitcoin than I know if those are true and I also read in your opinions you agree that bitcoin is the strongest money so no one can say right now that bitcoin really is the only answer I have not really really sure ....
Actually the thing is we can’t predict strongly about bitcoin as the world most strongest currency right now. Reason is all about the less spreading of bitcoin in all corners of the world. There are only few countries in which people know about it. But as fast bitcoin is getting fame, it will take time and in future you can easily predict the bitcoin as the strongest currency of the world.
Yes bitcoin is the world strongest crypto currency, but if we compare it to fiat currency then i think we cannot consider bitcoin as the world strongest currency because still Dollar is holding the position so strongly and i think that for next few decades there are no chances that bitcoin will replace bitcoin, because still not more that 1% people know about bitcoin and are using it, i think it will take a lot of time when bitcoin will come in position to compete with Dollar.
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October 21, 2017, 02:54:08 AM
 #794

With a value of about $ 6000 can be said that bitcoin is the most expensive currency ever, now everyone is hunting bitocin because many opinions say the price next year will reach $ 15000.


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jatin729
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October 21, 2017, 04:37:24 AM
Last edit: October 21, 2017, 08:25:51 AM by jatin729
 #795

Yes bitcoin is strongest currency under crypto section. Bitcoin is reached 6000 USD and become world most expensive commodity in terms of forex . But bitcoin can't compete with fiat currency.

justspare
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October 21, 2017, 07:20:49 AM
 #796

Bitcoin has proved a really robust forex. Bitcoin has a excellent reputation. Bitcoin is identified for being the first, the easiest to get, and the widest acceptance. I feel the person or bitcoin finder is growing and a lot more widespread to the whole world now.
It’s true bitcoin is one of the strong currency and still it has a lot of potential to become stronger and bitcoin is now accepted by some European countries and still there are a lot of countries who are going to accept bitcoins bitcoin has a lot of supporter around the world and they are trying to make it more power full and strong long live bitcoin.
There is no doubt that bitcoin is the best and most powerful digital currency in the world. It is also the most valued currency in the worlds at the rate to increase to $6000 nest year. Bitcoin also has the potential to become global currency one day.

Bitcoin is the biggest and it is still growing as many big companies like google, amazon etc. are also taking interest in bitcoin this well grow it to the new heights and bitcoin are also accepted in many stores at small scale so by taking the overall look bitcoin is the strongest currency in the world
Krispin47
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October 21, 2017, 07:39:18 AM
 #797

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 now is owning and for me, I think it has the capability to be the strongest currency. But I think that time is still afar because bitcoin is not yet legalized all over the world which means some people are still unaware of its existence leading to less users and volume for the bitcoin compared with other currency.
LuciferAB
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October 21, 2017, 08:34:40 AM
 #798

Bitcoin is not strong currency right now but it has capabilities to become a strong currency in near future. Although it's is future us bright. Many other CryptoCurrency like dogcoin altcoin etc give tough competition to bitcoin. Now its value is 6000$ and it growing faster. No matter how many times is price falls but bitcoin maintain a standard yet. So i think i  near future it will be a strongest currency in the world
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October 21, 2017, 08:40:51 AM
 #799

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?
It is not. There are lots of currencies especially regular currencies or currency which is widely used in most of the countries. Bitcoin is not yet even legal to most of the countries and there are still places where it is not known so it can't be considered as the strongest currency.

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October 21, 2017, 09:05:11 AM
 #800

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?
It is not. There are lots of currencies especially regular currencies or currency which is widely used in most of the countries. Bitcoin is not yet even legal to most of the countries and there are still places where it is not known so it can't be considered as the strongest currency.
Bitcoin is not that strong as of now but i believe that it will become even stronger in the future because a lot of adoption are happening in bitcoin and the price of bitcoin is going up which is an indication that the status of bitcoin is getting stronger. Bitcoin has a long way to go but i believe on it that it will become one of the strongest currency in the world and also most used in the future.
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