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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 41032 times)
imsotiredofmoviereboots
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October 27, 2017, 02:51:20 AM
 #901

It is not even known by everyone but I'm sure that will happen sooner. Bitcoins is getting higher and stronger everyday which will dominate USD someday and for me that is inevitable.

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October 27, 2017, 03:03:20 AM
 #902

Nah ofcourse not,bitcoin may be the highest value of currency now,but only here in crypto and some countries so it cant be called strongest coz it coest dominate even 1/8 or the worlds total currency need,not like dollar euro pound or other monetary that can be avail or purchase world wide.

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October 27, 2017, 03:07:31 AM
 #903

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?
And at present it is no longer small when the value starts to return $ 6k which is good news for all investors as well as trader.
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October 27, 2017, 03:13:01 AM
 #904

Given the limited finite supply of bitcoin, and the growing unlimited demand for fast, reliable, anonymous, and transaction free payment transfer systems, bitcoin will continue to rise in value at least for the foreseeable future, making it the Berkshire Hathaway of cryptocurrencies. At least for now it is the strongest currency in the world. Time will tell if Ethereum or other platforms or Crypto-hybrid fiat currencies will derail the future of bitcoin.
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October 27, 2017, 07:05:58 AM
 #905

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.
It is not the strongest in the world, besides it is not a currency, cause it’snot being regulated, rather it’s unregulated. Bitcoin is decentralized, that’s why it can’t be controlled by a particular country’s government, or be a country’s currency.

Bitcoin is just an asset meant for investment, and when compared to Gold in terms of being strong, Gold is stronger. Bitcoin is just more valuable than every other things, but fragile.

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October 27, 2017, 07:11:56 AM
 #906

As you see even Russian president supports etherum  means its really strong ...
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October 27, 2017, 07:19:39 AM
 #907

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?
The bitcoin is really the strongest cryptocurrency. The marketcap of the bitcoin is now $97.64 billion. Many people are continuing to buy bitcoins becauae they know that the bitcoin is really profitable.

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October 27, 2017, 07:28:58 AM
 #908

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?

Yup, bitcoin market cap is still small.
Currencywise, US dollar is still the dominant currency - $1.53 Trillion.

https://www.federalreserve.gov/faqs/currency_12773.htm

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October 27, 2017, 07:43:06 AM
 #909

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?


Well this will just bring more convenience to everybody around the world. Just imagine when going to a different country for a tour or travel, we no longer need to worry about exchanging our country's currency to the currency of your destination.

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October 27, 2017, 08:14:12 AM
 #910

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?

Yup, bitcoin market cap is still small.
Currencywise, US dollar is still the dominant currency - $1.53 Trillion.

https://www.federalreserve.gov/faqs/currency_12773.htm

It doesn't matter if bitcoin's market cap is still small because if the other countries or the malls or even the places that we usually go, finally discovered bitcoin and studied the things about it then it will become easy for them to adopt it and when the adoption goes wider and wider then it will be easy for the government to notice it and they can make it as a fully legalized currency and that will make bitcoin as the strongest currency in the world.

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October 27, 2017, 09:07:58 AM
 #911

with the price of 1 btc = $ 5900 it can be said that bitcoin is the most expensive and strongest currency of the world, maybe the market share is still far below usd, but that needs to be watchful is the value of daily transactions.

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October 28, 2017, 05:55:30 AM
 #912

bitcoin is not yet officially a currency so it can not be called the strongest currency, even though the price is exorbitant
Yes absolutely. There are so many reasons for bitcoin to be defended as the strongest currency of world. But for now, as bitcoin are not legalized in many countries and it is not considered as currency officially around the globe. Still, there are most users of bitcoin even they are a fixed number in international market. Prices goes on, more users cooing, and a time come, when it became the strongest currency.

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October 28, 2017, 06:24:59 AM
 #913

I rather say Bitcoin is the strongest CRYPTOcurrency, it is also the most famous token in digital world. For all we know, bitcoin is now getting tractions in the world after having a good trend in digital ecosystem where it is now beginning to make voice to ease our the daily transactions.

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October 28, 2017, 03:56:09 PM
 #914

It is not even known by everyone but I'm sure that will happen sooner. Bitcoins is getting higher and stronger everyday which will dominate USD someday and for me that is inevitable.
At present, bitcoin is not having this much of worth and value that it is being declared as the world’s strongest currency. It is because of the reason that there are so many who don’t even know about the world of bitcoin. In addition to this, bitcoin is not declared as legal currency. There are so many hurdles which are keeping bitcoin away from becoming the world’s strongest currency but you can always hope for the best.

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October 28, 2017, 06:57:58 PM
 #915

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.
Yes you are right bitcoin is an expensive and effective cryptocurrency but not yet it become strongest of them all, bitcoin need to be legal worldwide than the value of bitcoin will goes very high and also become stronger as we know and I hope one day that will must happened.


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October 28, 2017, 06:58:34 PM
 #916

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.
Yes I know what you are trying to say but bitcoin is stronger but not enough I mean that bitcoin is much better them all cryptos but when it become legal worldwide than something can be happened to its value and importance and I know we all hope that bitcoin future should be brightest.

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October 28, 2017, 07:03:10 PM
 #917

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.
Yes I know what you are trying to say but bitcoin is stronger but not enough I mean that bitcoin is much better them all cryptos but when it become legal worldwide than something can be happened to its value and importance and I know we all hope that bitcoin future should be brightest.

It's expected to be 1 trillion dollar within 3 or 5 years. Can you imaine this? It's almost 6x pump accordingly.

In this scenario, bitcoin can be around $30,000 or $35,000 easily.
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October 28, 2017, 07:45:13 PM
 #918

After almost 4 years from the creation of this topic , and we still can't say that bitcoin is the strongest currency because even tho it's decentralisation and the many beloved feautures , it still encounters  serious fluctuation rates and thus making it very instable . Constant growth is an asset but stability is power .

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October 29, 2017, 02:20:56 PM
 #919

After almost 4 years from the creation of this topic , and we still can't say that bitcoin is the strongest currency because even tho it's decentralisation and the many beloved feautures , it still encounters  serious fluctuation rates and thus making it very instable . Constant growth is an asset but stability is power .

I agree. Even with all the popularity it's getting, it still far from being the strongest currency. Even if we say that the price is hitting record high almost everyday, that's not the only barometer for a currency to be considered as the strongest.

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October 29, 2017, 03:51:20 PM
 #920

Few years ago bitcoin was nothing but another low value crypto currency. Now it is the most valuable currency in the world now and in the future. It is almost impossibke for another coin to reach that value; almost 6000$!. The answer to your question is yes bitcoin is the strongest currency around the world, and there are many people that want to put an end to it but they will fail.

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