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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 42227 times)
zeze18
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June 24, 2017, 05:06:07 AM
 #161

Bitcoin isn't the strongest currency for reasons stated, but it is among one of the most valuable.
Yes bitcoin is not a valid money but it is not the most expensive but the most expensive.
If bitcoin is a currency then bitcoin can be the currency of a country.


It seems impossible to become a country's currency is impossible, because now there are some who have successfully adopted bitcoin.tentu this will disrupt global financial stability because every country wants bitcoin as currency in that country.
While bitcoin is created for all users in different countries.
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June 24, 2017, 06:16:50 AM
 #162

Bitcoin is not strong and it has never become the strongest currency in the world. There is even no offical team behind it. 3-5 freaks are trying to force the community adopt their decissions.
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June 24, 2017, 06:35:56 AM
 #163

No it isn't.
It's still gold and fiat.
But it would be because bitcoin is new.


It has been popular nowadays
and there are lots of supporters
So someday it would have the potential to become strong.

Thats right dude, bitcoin can not be said as a strong currency, while bitcoin is still in the stage of growing and growing. I think fiat is much stronger than bitcoin. Btw I think gold is not included in the currency


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June 24, 2017, 07:36:19 AM
 #164

No it isn't.
It's still gold and fiat.
But it would be because bitcoin is new.


It has been popular nowadays
and there are lots of supporters
So someday it would have the potential to become strong.

Thats right dude, bitcoin can not be said as a strong currency, while bitcoin is still in the stage of growing and growing. I think fiat is much stronger than bitcoin. Btw I think gold is not included in the currency


There is no doubt that fiat currencies is stronger than bitcoin because they are already in the world since their country declared the use of it while bitcoin is just strong and it will get stronger as the days,weeks,months and years will pass because it will have a lot of improvement through the time that will pass and that will make bitcoin one of the strongest currency after 10 years.
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June 24, 2017, 07:43:28 AM
 #165

Bitcoin is not strong and it has never become the strongest currency in the world. There is even no offical team behind it. 3-5 freaks are trying to force the community adopt their decissions.

You are a person who has an understanding of capitalist logic, until whenever you do not understand how bitcoin works. If you want clarity about everything then you should forget about it and start collecting bitcoin, bitcoin is the strongest currency today because no country has it, so the popularity keeps on increasing. If the person behind bitcoin shows himself, then bitcoin will not be worth the price at the moment.
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June 24, 2017, 09:55:33 AM
 #166

For me as of now i think bitcoin is the strongest currency because as of now the price is very high and it will continue to increase everyweek many new investor will invest bitcoin so for me bitcoin is strongest currency as of now. We bave differeny opinions and thoughts about this so respect each other.

 
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June 24, 2017, 10:02:55 AM
 #167

For me as of now i think bitcoin is the strongest currency because as of now the price is very high and it will continue to increase everyweek many new investor will invest bitcoin so for me bitcoin is strongest currency as of now. We bave differeny opinions and thoughts about this so respect each other.

Not only now, From the time of invention bitcoin is best currency to use it in world wide. There are many adoption for on bitcoin so bitcoin related projects and business in many places. This has already made bitcoin to compare with one ounce of gold. According to me bitcoin is best stock in the world now.
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June 24, 2017, 01:46:33 PM
 #168

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. Bitcoin is just small compare to fiat money's currency since it's new compare to fiat money. However, I see a lot of poetential that it can take over the volume of fiat currency but I don't think it will make fiat money to unable to be used in future.



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June 24, 2017, 01:55:18 PM
 #169

In the virtual world I guess it is, it has along way to go to be the strongest in the real world.

I disagree. What do you mean by "in the real world"? Are US Dollars not from the real world? And if they are why do they give $2,700+ for 1 bitcoin then if bitcoin is only from the"the virtual world"? I think everything which is traded for the USD has the real value and hence it's real.
yes USD is a physical currency and has great value therefore it is a real currency, bitcoin can also be count as real currency because it also has value, but in fact bitcoin has now physical body therefore some people call  it as virtual, but I thin virtual is not a suitable word for it I think it is better to call it as digital currency, because  we can use bitcoin with the help of computer and internet, so crypto currency or digital currency is suitable name for bitcoin.

I think you meant to write "no physical body" instead of "now physical body", and agree with you that bitcoin is rahter a crypto currency than a "virtual" currency. It is pretty strong compared to other currencies even fiat ones and like deisik correctly said:
Quote
The "backing" that fiat currencies receive nowadays is pretty shaky overall

So it would be right to say that bitcoin now is among the strongest currencies in the world.
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June 24, 2017, 02:24:28 PM
 #170

Bitcoin now is the strongest currency in the world,because of many suporters and followers of bitcoin.Until time come rhat no one is not using bitcoin because this will be rhe powerful currency unto all the world.This can be used in any electronics transaction.When the nations unite to used only one
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June 24, 2017, 02:33:50 PM
 #171

We need to define what the strongest currency means, is it how many people are using it, or how much 1 bitcoin worth to people around the world. Bitcoin can be the strongest currency in the world one day, but for now bitcoin is growing and for me confirmations should be much faster, and fees to return where they were and only like that bitcoin can prosper. If we don't see this changes then bitcoin will be a rich people currency, and yes bitcoin will be the strongest currency but it will not be available for all the people.



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June 24, 2017, 05:26:21 PM
 #172

currency and crypto currency is not the same, you can't compare crypto in normal currency bitcoin is decentralized currency while the real currency like usd is a fiat money where it handle and manage by the government of our country. if you want to know what is decentralized you can search it up . maybe bitcoin will be an alternative money to buy online with a easiest way and easiest transactions because only the chains are the one who's monitoring about our transactions.
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June 24, 2017, 05:41:14 PM
 #173

Bitcoin now is the strongest currency in the world,because of many suporters and followers of bitcoin.Until time come rhat no one is not using bitcoin because this will be rhe powerful currency unto all the world.This can be used in any electronics transaction.When the nations unite to used only one


Firstly how many countries consider it as a currency in the world needs to be identified. Not all country accepts bitcoin so it cannot be of the world for sure. Well yes it has given huge returns to all invested in this cypto currency.
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June 24, 2017, 06:55:52 PM
 #174

Strongest decentralized crypto currency in the world. Very few recognize it as a currency, they like it as an investment rather than also using it to spend on something. Moreover illegal or not allowed to use in many places and only few country legalized it, so its still not a currency or strongest currency in the world. Fiats are still recognized by more peoples and worldwide its more valuable.
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June 24, 2017, 08:05:19 PM
 #175

Nope, not yet. We can still say that it's quite strong compared to other cryptocurrencies but it can still be hardly called a "currency" by some people, despite being recognized by some countries as legal. It still haven't even reached the consciousness of many people. For some who do get into it, it's more an investment, rather than a currency being used.
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June 24, 2017, 08:15:13 PM
 #176

Strongest decentralized crypto currency in the world. Very few recognize it as a currency, they like it as an investment rather than also using it to spend on something. Moreover illegal or not allowed to use in many places and only few country legalized it, so its still not a currency or strongest currency in the world. Fiats are still recognized by more peoples and worldwide its more valuable.
Honestly the definition of stronger currency must be differing person to person but when considering some basic aspects of revolutionary characteristics, bitcoin could be considered as one of the strongest currency will be adopted by anyone.

Bitcoin must be new level of currency because decentralisation has never been implemented into a currency system so far in human history. I believe this alone would be the enough reason to consider bitcoin as the strongest currency.
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June 24, 2017, 10:50:32 PM
 #177

Nope, not yet. We can still say that it's quite strong compared to other cryptocurrencies but it can still be hardly called a "currency" by some people, despite being recognized by some countries as legal. It still haven't even reached the consciousness of many people. For some who do get into it, it's more an investment, rather than a currency being used.

many people don't see bitcoin as a currency yet. Right now it's a way of earning money and i think in the next couple of years, it will remain that way until the price of bitcoin stabilizes and then it may be considered as a real currency in the likes of dollar and fiat in gemeral. And more people are now already aware of btc not just few.


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Pattart
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Activity: 1190
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June 24, 2017, 11:15:38 PM
 #178

No it isn't.
It's still gold and fiat.
But it would be because bitcoin is new.


It has been popular nowadays
and there are lots of supporters
So someday it would have the potential to become strong.

Bitcoin is growing and developing today. Although not yet very strong but I myself am very confident that bitcoin has a bright future and will be a strong currency. Because of the potential bitcoin there is. You can see the euphoria of new users

FlightyPouch
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June 24, 2017, 11:18:09 PM
 #179

No it isn't.
It's still gold and fiat.
But it would be because bitcoin is new.


It has been popular nowadays
and there are lots of supporters
So someday it would have the potential to become strong.

Bitcoin is growing and developing today. Although not yet very strong but I myself am very confident that bitcoin has a bright future and will be a strong currency. Because of the potential bitcoin there is. You can see the euphoria of new users


I think it is growing but not developing. And I think bitcoin is one of the strongest digital currency I know, if you think of it, bitcoin is not that of a good digital cuurency, there are many coins that can overcome bitcoin in terms of features, but bitcoin is the first, so I think it is the strongest digital currency.

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Sled
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June 24, 2017, 11:18:48 PM
 #180

No it isn't.
It's still gold and fiat.
But it would be because bitcoin is new.


It has been popular nowadays
and there are lots of supporters
So someday it would have the potential to become strong.

Bitcoin is growing and developing today. Although not yet very strong but I myself am very confident that bitcoin has a bright future and will be a strong currency. Because of the potential bitcoin there is. You can see the euphoria of new users


You are right, bitcoin now is keep on growing and developing and those progresses are reflecting the volume of the market and the amount of user because they are also growing and soon they will become bigger and the bitcoin will become stable and after those instances it result for bitcoin for becoming a stronger currency than before and soon it will become the most traded currency and in the end, one of the strongest currency.
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