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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 40046 times)
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October 24, 2017, 07:32:22 PM

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

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

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

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

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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October 25, 2017, 09:17:31 AM

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.
You are absolutely right. All the users of bitcoin have known how biotin have changed their lives and now they are becoming independent and earning handsome amounts. But offline world is not happy with bitcoin, because they even dont know about it. So yes for us, bitcoin is the most amazing currency but it must be famous all around the world, if it competes for being best.


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October 25, 2017, 10:27:05 AM

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.
For all those who know well about bitcoin, it is indeed the strongest currency and the most profitable currency of the world. For the ones who dont know about bitcoin yet, it is nothing.

In the coming days, when more people will be knowing about bitcoin there are likely chances of this thing that bitcoin will become the strongest currency of the world. It is having lot of potential to lead the world.

    

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October 25, 2017, 11:00:27 AM

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 is not in the stage yet to become the strongest currency in the whole world. We knew it all where Dollar was still the strongest currency in the whole world.

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October 25, 2017, 11:11:26 AM

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.
For all those who know well about bitcoin, it is indeed the strongest currency and the most profitable currency of the world. For the ones who dont know about bitcoin yet, it is nothing.

In the coming days, when more people will be knowing about bitcoin there are likely chances of this thing that bitcoin will become the strongest currency of the world. It is having lot of potential to lead the world.
Not now but yes bitcoin is really becoming a strong currency in the world.It is getting popular day by day and its demand is also increasing.Transactions are also being made through bitcoin.People are also investing in bitcoin as they get full profit.Except dollar,only bitcoin is the currency which is now getting accepted worldwide for transactions.Trading bitcoin is also getting popular.Payments from signature campaigns are also in bitcoins rather than cash or fiat money.If you have a lot of bitcoins,you can save some of them for future purposes too.

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October 25, 2017, 04:16:24 PM

Sadly, bitcoin is not the strongest currency at present for various reasons.
Bitcoin is too volatile. The fluctuations in the prices doesn't make it a reliable currency in the marketcap to depend on.
It is decntralised. It is an advantage as well as a disadvantage. With its increasing marketcap there is no centralised source to enforce responsibilty.
Bitcoin is a premature economy with a lot of potential and with one of the strongest development teams, it still has a lot of potential to grow. To be one of the mainstream currencies a lot of work has to be stil done.

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October 25, 2017, 05:04:07 PM

Currently the bitcoin price is around $ 5500 and it can be said is the most expensive price, I hope bitcoin prices continue to rise so continue to get profit, and the state does not limit the bitcoin.

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October 25, 2017, 05:20:52 PM

Yes we can say that now bitcoin is the strongest currency of the world and it will stable its position for long period of time and that is very difficult for me to forecast for the next thirty to forty years then it will clear to all. For each and everything the time come when some other competition arise which fall the position of the previous one and changed the position of that still I mean that the other coins are also chasing bitcoin.


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October 25, 2017, 05:56:54 PM

Bitcoin is not so strong, we can say, it is just the beginning. Even marketcap is not much more that's why many country don't have any rule for it's regulation. It's price value is always volatile in nature. We cannot compare it with any country's currency since they are stable, but bitcoin may not be.
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October 25, 2017, 05:58:04 PM

Sadly, bitcoin is not the strongest currency at present for various reasons.
Bitcoin is too volatile. The fluctuations in the prices doesn't make it a reliable currency in the marketcap to depend on.
It is decntralised. It is an advantage as well as a disadvantage. With its increasing marketcap there is no centralised source to enforce responsibilty.
Bitcoin is a premature economy with a lot of potential and with one of the strongest development teams, it still has a lot of potential to grow. To be one of the mainstream currencies a lot of work has to be stil done.

Right, an increasing price doesn't necessarily make it a "strong" currency. Volatility makes it impossible to store wealth or transact business in a reliable manner because you don't know what the value of the currency is going to be from day to day, let alone for long periods of time. Both of those are important attributes to a currency, and missing either of them wrecks any argument that bitcoin is a strong currency, and bitcoin lacks both. Further, the fact that no one uses bitcoin as a currency is a major factor to consider. It's a fine commodity and speculative asset, but it's a horrible currency.


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Kevondo
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October 25, 2017, 06:51:17 PM

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 is not in the stage yet to become the strongest currency in the whole world. We knew it all where Dollar was still the strongest currency in the whole world.
Why are you saying like this because if you are the bitcoin user. The bitcoin value and the importance will give the beautiful future. I use the bitcoin and the value of the bitcoin will be more than this. I love the bitcoin and the properties are now getting expensive so does invest in it and dream for the future of the person who is the real bitcoin trusting people.

ArnoldChippy
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October 25, 2017, 07:40:56 PM

Bitcoin is not so strong, we can say, it is just the beginning. Even marketcap is not much more that's why many country don't have any rule for it's regulation. It's price value is always volatile in nature. We cannot compare it with any country's currency since they are stable, but bitcoin may not be.
In fact the investors can make bitcoin more stronger, but in current time we can see that bitcoin is still not so much popular and the users of bitcoin are still not in number therefor i do not think that bitcoin can be called as the most strongest currency of the word. i think it will take a good time to become the most strongest currency of the world when its users will increase more and more.

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October 25, 2017, 08:11:52 PM

Currently it cant be and that is because it is too volitale yet. When this calms down and bitcoin is more stable say around 25k a coin then I think bitcoin will be one of if not the strongest currency around on this planet!

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October 25, 2017, 09:10:34 PM

Bitcoin is not so strong, we can say, it is just the beginning. Even marketcap is not much more that's why many country don't have any rule for it's regulation. It's price value is always volatile in nature. We cannot compare it with any country's currency since they are stable, but bitcoin may not be.
No, I think the Bitcoin price controlled by the whale, it can not pumped a lot of value to $6,000 without whale use their money to pump it first. Then, after the whale pumped the Bitcoin price, the traders heard some rumors about receive Bitcoin Gold and Bitcoin SegWit2x make many traders FOMO to buy Bitcoin.

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October 25, 2017, 10:48:44 PM

Currently it can be said bitcoin is the strongest currency, although bitcoin market share is still far below currency, but user and price growth make bitcoin become the strongest currency.


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October 25, 2017, 10:51:30 PM

The bitcoin is not the strongest currency in the world, but its rising and successes can not be ignored. It have a really interesting price curve for a currency and we can say that it became a good investment way according to price charts, and the number of bitcoin investors is rising day by day. I think it have a bright future.

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