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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 41006 times)
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June 09, 2017, 01:13:43 AM
 #81

It's not the strongest because it is not very stable and there are some things that need to be fixed (Which I hope some of them will happen later this year), of course the price of bitcoin is taking peoples' attention and many people are investing in bitcoin rather than using it for transferring money or so but it has the potential to be one of the best/strongest currency in the world as the community is expanding very good and fast.

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June 09, 2017, 01:18:12 AM
 #82

Nah, gold is. But bitcoin has huge potential, even if limited by the State to "just" the black market.

Gold is a natural element, of course if we do talk about a man made currency then as of now and based on the  current price btc really dominated the market next is Euro if i am not mistaken. Well gold is really much better than stated currency but since you talk about the element i would rather choose a diamond

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June 09, 2017, 01:18:48 AM
 #83

Maybe at this time bitcoin crypto currency occupies the top position, but for its influence in the real world I think gold is the strongest

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June 09, 2017, 01:51:08 AM
 #84

The reason why the price is so high is because people treat bitcoin as an investment more than a currency. Only a small percentage of bitcoin users rely on bitcoin on its usage as currency for all their transactions. Digital currencies have a long way to go before mass adoption takes place because our local currencies are still more usable in most parts of the world.


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June 09, 2017, 02:00:33 AM
 #85

The strongest maybe but not most stable. Price can go much higher but also can drop on its value from year two years ago, we don`t know what could happened. For me, gold and Switzerland frank are two top currency in the world today looking through their stability.
not the strongest , but bitcoin have the highest value among any other currency.

the strongest currency are USD of course it has the most stable currency in the world for years not gold or swiss franc, there is some criteria to be filled to recognized the strongest currency and i think gold can not considered as a currency.

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June 09, 2017, 02:08:22 AM
 #86

Yes, that's right bitcoin has now become the strongest money in the world for me, bitcoin always has great potential but there is a limit for '' only "black market
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June 09, 2017, 02:18:10 AM
 #87

If you look at facts today bitcoin is strongest currency that has highest value when compared with some commodities or other legal currency though as a digital currency that until now there is no certainty of legality, but role of bitcoin until now became popular and dominate Market to reach Success and high value in market, even some countries have adopted bitcoin as legal currency. This certainly shows role of bitcoin that is very useful for users and crowds.
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June 09, 2017, 04:36:40 AM
 #88

Bitcoin's price is high now, but I'd doesn't make it the strongest currency in the world indeed. But the US currency is also not the most reliable. By statistic Swiss Frank is the most strong currency in the world today. This currency is in high demand among the wealthy. No wonder all Swiss banks are considered as the most reliable in the world.


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June 09, 2017, 06:57:34 AM
 #89


We cannot say this to be the strongest currency in the world. In my opinion it's one amongst? the strongest currency that has got the highest price and making more people to use it. Among the entire digital currency we can say its the strongest of all digital currency. By the years when every country go digital, bitcoin might get more strength.
For now it seems bitcoin can not be said strong enough. But I'll be pretty sure that bitcoin will get stronger in the future. Plus the user continues to grow. I'm sure bitcoin will continue to grow stronger

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June 09, 2017, 03:37:53 PM
 #90

Bitcoin is most powerful and most successful digital currency, but not worth conventional money issued by government. Bitcoin will greater value in the future but remain as a digital currency.

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June 09, 2017, 08:08:17 PM
 #91

Bitcoin's price is high now, but I'd doesn't make it the strongest currency in the world indeed. But the US currency is also not the most reliable. By statistic Swiss Frank is the most strong currency in the world today. This currency is in high demand among the wealthy. No wonder all Swiss banks are considered as the most reliable in the world.


very honestly I will like to say that we can call bitcoin as one of the most strongest crypto currency then it is ok. but if we are comparing it with USD or any other fiat currency then it is unfair. I think it will take a lot of time to compet  USD or any other fiat currency, because the users of bitcoin are stil lvery low and it need to struggle more and more and increase its users and only then it may be possible to consider bitcoin as the strongest currency of the world.

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June 09, 2017, 08:32:27 PM
 #92

Bitcoin's price is high now, but I'd doesn't make it the strongest currency in the world indeed. But the US currency is also not the most reliable. By statistic Swiss Frank is the most strong currency in the world today. This currency is in high demand among the wealthy. No wonder all Swiss banks are considered as the most reliable in the world.


very honestly I will like to say that we can call bitcoin as one of the most strongest crypto currency then it is ok. but if we are comparing it with USD or any other fiat currency then it is unfair. I think it will take a lot of time to compet  USD or any other fiat currency, because the users of bitcoin are stil lvery low and it need to struggle more and more and increase its users and only then it may be possible to consider bitcoin as the strongest currency of the world.

Yeah, I agree with that it can be the most strongest crypto currency, but it cannot be the strongest currency in the world. USD is the strongest currency in the world and it is used by every country, Everyone is willing to accept no one ignores it.
On the other hand, Bitcoin is not adopted by everyone/not known by everyone which makes it weaker then other currencies.

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June 09, 2017, 08:34:57 PM
 #93

Maybe at this time bitcoin crypto currency occupies the top position, but for its influence in the real world I think gold is the strongest
If you focus on the title then you may find the word currency to find a strongest one. So we cannot compare on this thread the gold with bitcoin as gold is not a currency it is not used for any transaction of money nor it can be used for buying things on any shop. We have to compare it with other stronger currencies like dollar and Euro etc.

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Vikingr
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June 09, 2017, 08:37:12 PM
 #94

Bitcoin is most powerful and most successful digital currency, but not worth conventional money issued by government. Bitcoin will greater value in the future but remain as a digital currency.
Yes bitcoin will remain as a digital currency even in the future and the reason is that it is invested for to work on digital businesses because now the world is shifting to digital means and everyone will prefer the digital way of businesses and other dealings etc.

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June 09, 2017, 08:51:37 PM
 #95

In my opinion is no, I think Dollar is the strongest currency in whole world, maybe in crytocurrencies bitcoin is number 1 but in reality Dollar was still stand out to any currency. However we were hope that bitcoin will become strongest currency in the world.
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June 10, 2017, 02:28:44 AM
 #96

Not yet bitcoin has the potential of begin so, but unless some of the problems the network has at the moment are resolved then the chance of bitcoin of becoming the leading currency of the world are not very good, but if the issues get resolved then bitcoin could in theory become the strongest currency.

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June 10, 2017, 03:46:57 AM
 #97

Nope, it wouldn't take a whole lot to get the numbers to start going down (compared to other currencies).
Yes, bitcoin is not the strongest currency in the world because government still doesnt accept is a money. its still in a virtual currency. And I believe that fiat is still the strongest currency in the world.

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June 10, 2017, 04:18:44 AM
 #98

For now bitcoin is still developing it's four pillars of foundation although it's on of the promising currency in terms of their impact to the society towards people who really needs financial progress. If I were to have my best opinion on bitcoin, well I must declare it's the strongest currency in the world ; and still it's has not been recognized yet although it's been patronized by 55% of the world's population. The assurance of bitcoin adoption has the higher possibilities to come.

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June 12, 2017, 03:20:08 PM
 #99

Nope, it wouldn't take a whole lot to get the numbers to start going down (compared to other currencies).
Yes, bitcoin is not the strongest currency in the world because government still doesnt accept is a money. its still in a virtual currency. And I believe that fiat is still the strongest currency in the world.


Fiat is still unchallenged at this time and there are no indication that it will be in terms of the dominant form of currency. The rise of btc only opened people's perspective for an alternative way of doing transaction, earning and investments but not in a way that it will challenge fiat.


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June 12, 2017, 04:51:54 PM
 #100

Not the strongest but the highest value instead. Traditional money is still the strongest mostly those gold backed currencies like dollars and euros. Bitcoin has lots of vulnerabilities and may disappear anytime by any cause i guess.

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