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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 40930 times)
eucliffe
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October 26, 2017, 08:39:20 AM
 #881

I think it has a potential to be the strongest currency in the world, but for now i really think that the is either Bahraini Dinaror Kuwaiti Dinar, they're the leading and highest currency in the world in terms of the price value they're both way higher than US Dollar.

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aar
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October 26, 2017, 08:47:52 AM
 #882

The answer is No.  USD still rules. Think how most express their holdings of crypto - "i have blah worth of BTC"

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October 26, 2017, 08:56:20 AM
 #883

The answer is No.  USD still rules. Think how most express their holdings of crypto - "i have blah worth of BTC"


i think bitcoin is the strongest currency in the history of crypto but it is not strongest in the world as compare to other curreinces like usd, pound etc.
because the use and other currencies are very old than bitcoin according to their age after some time it is most probable that bitcoin will become strongest currency in the whole world because people are taking interest very quickly in bitcoin.

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October 26, 2017, 09:00:16 AM
 #884

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 don't think so because we all know that bitcoin is only a altcoins which is make to be a kind of digital currency and cannot be said as a strong currency because it is only a secondary currency we used. And of course we have our primary and the real currency we used in our country.

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October 26, 2017, 09:06:10 AM
 #885

I think so.  A single Bitcoins cost around USD 5,000, is a huge amount.  No present currency can topple it down as far as value is concerned as of today.  It is even the hottest commodity in the market now.  My classmates in college are crazy hearing about bitcoins and they are starting to invest in.  The good news is that many countries wanted to create their own cryptocurrency to cope up with the demand on the market.  Maybe, the recognition of bitcoins is not yet late but it is just the start to boom eventually in the market...

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October 26, 2017, 09:06:41 AM
 #886

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?

We cannot say that bitcoin is the strongest currency because if ypu say that you're like that it is more strong than the currency we have in reality. We can say that bitcoin is the strongest digital currency among all other altcoins that has been established. And bitcoin isn't that strong yet because it has many problems facing today.

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October 26, 2017, 09:12:34 AM
 #887

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?

All I can see is that bitcoin isn't that strongest among other currency because I think bitcoin had many problems to be faced before we can say that it is become strongiest among other digital currency. People nowadays are using bitcoin and claiming it as a strongest currency yet they disn't have any proof.



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TheMojo1
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October 26, 2017, 09:26:19 AM
 #888

if you measure Strong with price answer is Yes But it is virtual money so only Security will help it (Can be crashed more easy paper money )
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October 26, 2017, 12:30:17 PM
 #889

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.
If we are talking about the world of crypto currency, then there is no point of denying this fact that bitcoin is the strongest currency. Otherwise, bitcoin is not the strongest currency. There are so many other regular currencies which are far better than bitcoin.

It will take lot of time for bitcoin to make its name in the ranking of regular currencies. There are likely chances of this thing to happen but it is not an easy task.

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October 26, 2017, 12:47:54 PM
 #890

Not yet, I think. However, bitcoin can simplify the financial transaction constraints common to conventional financial patterns. Bitcoin is the most effective currency in the world.

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October 26, 2017, 02:43:17 PM
 #891

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.
If we are talking about the world of crypto currency, then there is no point of denying this fact that bitcoin is the strongest currency. Otherwise, bitcoin is not the strongest currency. There are so many other regular currencies which are far better than bitcoin.

It will take lot of time for bitcoin to make its name in the ranking of regular currencies. There are likely chances of this thing to happen but it is not an easy task.
Yeah there is no doubt bitcoin is the strongest currency of all the currencies because the value of BTC is considered the baseline of all currencies of the world because the trust and popularity of this currency is so high
that the investors should look at it as star of all the currency.

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October 26, 2017, 03:33:22 PM
 #892

bitcoin is not mature enough even many country don't have any rule for it's regulation. It's market cap should increased more to strong and it is no doubt it will drive the future market.
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October 26, 2017, 04:06:10 PM
 #893

market cap of BTC is more than half of the countries's on globe and 80% of S&P 500
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October 26, 2017, 04:12:22 PM
 #894

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 don’t 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.
Hopefully it will be the cryptocurrency everybody wants.
We have low market penetration. More need to get involved.
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October 26, 2017, 04:20:59 PM
 #895

I believe that bitcoin will be one of the strongest coin in the word because of the high rate of investor, but as at now is be weakest coin so far

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October 26, 2017, 05:30:51 PM
 #896

OK... Let's try to answer a few questions, in order to find out whether Bitcoin is the strongest currency in the world right now or not. Is BTC the reserve currency of the world? The answer is NO. Is Bitcoin the preferred currency for international trade? No. That honor goes to USD, with the Euro and Chinese Yuan putting up some competition. Is Bitcoin a national currency of any nation? Once again the answer is NO. So do I need to explain further?

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October 26, 2017, 06:12:21 PM
 #897

In my knowledge about currencies all over the world so the answer is yes. Except diamond and ruby ( most of them are gemstones ) No currency else can reach to the place that Bitcoin already claimed. So I mean the valuable of Bitcoin for now, really is at another level than other currency.
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October 26, 2017, 11:17:14 PM
 #898

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.
Everyone know that bitcoin is still deficient to recognition across the world and for becoming the strongest bticoin should be recognized in the world being a legal currency so in this stage we cannot say that bitcoin is strongest. In a sense bitcoin is strongest respect to their policies regarding decentralization and transparency behavior which the people like so much. It is strongest in this sense that the people are trusting on bitcoin very much. Bitcoin has proved the strongest position through his enhanced value.
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October 26, 2017, 11:56:38 PM
 #899

I think it is not the strongest currency today because it is not yet known by everyone and it is not yet used in the commerce. I believe it will happen when all of us are using it and all of the transactions will be proccessed through this bitcoin. It is possible to happen because now, it is slowly getting popular and more and more people are using it today.

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October 27, 2017, 01:36:14 AM
 #900

This is very surprising question back then, when OP ask about this question 4 years ago. for sure he/she was greatly amazed on Bitcoin development and progress.

However today, Bitcoin are far more stronger way back then. We don't have any doubt that Bitcoin will continue to gain more popularity across the globe.

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