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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 40995 times)
airdnasxela
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October 24, 2017, 06:35:22 AM
 #841

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 think it wasn't declared yet but I know that bitcoin do really have the potential to become the strongest currency in the world. It has been dominating all the other currency so far and the value of it is making a large gap from the leading currency today. Still we can not conclude this yet because bitcoin is different from physical money that's why it's hard to compare the strength between it. Let's just keep on hoping that bitcoin will get better in the future.

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October 24, 2017, 07:02:23 AM
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 #842

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 has been making a noise so far this year and we might have all heard about what happened with China and this things just proves how bitcoin was able to overcome all its troubles. Based on what I am seeing now, I can say that bitcoin do really have the chance of getting the shot on becoming the strongest currency in the world. Imagine, it's not yet legalized worldwide but the influence and value of it is increasing continuously. What more in the future.

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October 24, 2017, 07:11:20 AM
 #843

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?
You cannot conclude it yet but if you really believe in bitcoin, you will know in yourself that bitcoin does really have the chance on becoming the strongest currency. Many things might still occur but we all know that bitcoin has proven itself for a very long time already and it's already enough to prove that it can be the strongest currency in the world.

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October 24, 2017, 07:17:22 AM
 #844

if i say it is the strongest currency i will not wrong because the bitcoin is highly influential in the market and we are in the hope that it will change the the future of this young generation for the first time i was not belivible on this crypto currency but i am very happy with this to become the part of bitcoin.
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October 24, 2017, 07:27:57 AM
 #845

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 think it wasn't declared yet but I know that bitcoin do really have the potential to become the strongest currency in the world. It has been dominating all the other currency so far and the value of it is making a large gap from the leading currency today. Still we can not conclude this yet because bitcoin is different from physical money that's why it's hard to compare the strength between it. Let's just keep on hoping that bitcoin will get better in the future.
Even the current exchange rate of bitcoins shows that it's currently the strongest currencies, with bitcoin on it's own we will never know how valuable it really is, in my opinion bitcoins gets it value from the currency it is traded against.



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October 24, 2017, 08:46:11 AM
 #846

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 has been making a noise so far this year and we might have all heard about what happened with China and this things just proves how bitcoin was able to overcome all its troubles. Based on what I am seeing now, I can say that bitcoin do really have the chance of getting the shot on becoming the strongest currency in the world. Imagine, it's not yet legalized worldwide but the influence and value of it is increasing continuously. What more in the future.
Bitcoin doesn't have any solid supporters like the government so i don't think that the bitcoin can become the strongest currency in the world because that is impossible and we cannot expect too much for bitcoin because not all the things that we are thinking or expecting in bitcoin will happen because it needs a lot of time to make it happen but it will not become the strongest currency.

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October 24, 2017, 08:56:33 AM
 #847

With a market cap reaching more than 100 billion USD and the price of 1 btc = $ 5800 then bitcoin is the world's most expensive currency, bitcoin market cap has exceeded some of the country's currency in the world.

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October 24, 2017, 09:31:08 AM
 #848

Strongest, in terms of market value, since bitcoin is considered a currency, in market cap, i think there is another computation for it, since bitcoin is global, i think bitcoin is being devalued u p to now, if you come to think of it, we are not talking of fiat here, we are talking of bitcoin, which has a very huge potential, the market cap should be much even higher, since it is not focused on one country alone, there is no gdp to measure its buying power, the onoy way yo measure it is by supply and demand, the value should much more higher than what we are seeing now. I think though bitcoin is notnat its 100% market cap, still it beats a lot of fiat, however bitcoin seems to be becomin more of an asset than currency, there should be more transactions being made as payments, rather than trading in order to say that bitcoin is a currency, hopefully after the fork, bitcoin will not remain stagnant.

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October 24, 2017, 09:34:28 AM
 #849

Gold is the oldest and strongest. Silver is also old and good. I don't know if bitcoin is worth more than some other rare elements, for example Indium (LCD screens)

It's about currencies though. I get gold and maybe silver, but why indium? But yeah there are several currencies that are more valuable than bitcoins. That could change very quickly though. I'll give it a few years.
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October 24, 2017, 10:58:25 AM
 #850

For now i think not, but because of its increasing value maybe someday it will become the strongest currency in the world. Now, bitcoin is the number one in all cryptocurrencies and the most strongest in the market.

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October 24, 2017, 11:22:34 AM
 #851

Gold is the oldest and strongest. Silver is also old and good. I don't know if bitcoin is worth more than some other rare elements, for example Indium (LCD screens)

It's about currencies though. I get gold and maybe silver, but why indium? But yeah there are several currencies that are more valuable than bitcoins. That could change very quickly though. I'll give it a few years.

Indium was just quickly found example of something that modern technology needs. I didn't mean that's necessarily more valuable than bitcoin.
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October 24, 2017, 11:26:46 AM
 #852

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?

Right now it is.
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October 24, 2017, 06:31:32 PM
 #853

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.
Bitcoin is in fact the most expensive currency of the world and that should be a reflection of its usefulness and its rareness with only 21 million coins I think it is very obvious no fiat currency currently open the world can compete with bitcoin since governments keep printing those useless pieces of paper.
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October 24, 2017, 07:08:17 PM
 #854

To us bitcoin is strong currency now. But not in the world only online world. it is not recognise to all the people of the world.

Of course bitcoin is not a world currency, because in fact, the number of bitcoin users in the world is still too small. This number is just like a drop of water between an ocean, bitcoin is nothing.

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October 24, 2017, 07:29:42 PM
 #855

I don't know if you can describe a currency as "strong" but it's definitely the most popular and spoken about.
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October 24, 2017, 07:32:22 PM
 #856

Right now ? Naah , the marketcap is to low but give it another couple of years and then we can really talk about bitcoin supremacy as a currency but untill then it's far far away in my opinion. It is the most popular in the moment of speaking but it cannot be the strongest yet , the tech is still on early stages.
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October 24, 2017, 11:11:20 PM
 #857

Right now ? Naah , the marketcap is to low but give it another couple of years and then we can really talk about bitcoin supremacy as a currency but untill then it's far far away in my opinion. It is the most popular in the moment of speaking but it cannot be the strongest yet , the tech is still on early stages.
But i do not think that we can even cross the limit in next on year. I think it can only be possible when the majority of people start using bitcoin, and i think still not more than 2% people have knowledge about bitcoin. To me although bitcoin has the potential to become as the strongest currency of the world, i am sure that it will take decades and may not be so early.

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October 25, 2017, 07:05:08 AM
 #858

No, dont think that bitcoin is the number one here. Bitcoin is just the one who start the cryptocurrency world and it does not mean that bitcoin is the strongest currency. There are many competitors which are stronger than bitcoin such as ethereum, zcash, Lumens, etc. They have a lot of chance to replace the tradition currency system. They are all good and they have the unique ability to change the world

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October 25, 2017, 07:34:19 AM
 #859

Not yet, but I know that we are getting close where can claim that btc is the strongest currency. I can feel that we just need to take a few more steps before everyone around the world will use btc instead of usd. It may not be a quick transition but I know we will get there.
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October 25, 2017, 07:35:25 AM
 #860

Strongest? not yet, but Bitcoin is on it's way to be one in coming years.

Still needs to be legalized in many countries, once it's done and everybody is used to it, then we can say it's the strongest.

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