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GrayFullbuster
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October 27, 2017, 07:19:39 AM |
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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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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Alpha0One1
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October 27, 2017, 07:28:58 AM |
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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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WannaCry
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October 27, 2017, 07:43:06 AM |
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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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Sled
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October 27, 2017, 08:14:12 AM |
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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.htmIt 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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Kadal Ijo
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October 27, 2017, 09:07:58 AM |
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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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kateryana81
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October 28, 2017, 05:55:30 AM |
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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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appleffi
Member
 Offline
Activity: 126
Merit: 11
One of a kind
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October 28, 2017, 06:24:59 AM |
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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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BaraxLo
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October 28, 2017, 03:56:09 PM |
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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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brainape
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October 28, 2017, 06:57:58 PM |
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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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IanRidgwell
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October 28, 2017, 06:58:34 PM |
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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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HAARP
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October 28, 2017, 07:03:10 PM |
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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 $35,000 easily. |
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Hazaki
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October 28, 2017, 07:45:13 PM |
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After almost 4 years from the creation of this topic , and we still can't say that bitcoin is the strongest currency because even tho it's decentralisation and the many beloved feautures , it still encounters serious fluctuation rates and thus making it very instable . Constant growth is an asset but stability is power .
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gabmen
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October 29, 2017, 02:20:56 PM |
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After almost 4 years from the creation of this topic , and we still can't say that bitcoin is the strongest currency because even tho it's decentralisation and the many beloved feautures , it still encounters serious fluctuation rates and thus making it very instable . Constant growth is an asset but stability is power .
I agree. Even with all the popularity it's getting, it still far from being the strongest currency. Even if we say that the price is hitting record high almost everyday, that's not the only barometer for a currency to be considered as the strongest. |
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Sale_man
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October 29, 2017, 03:51:20 PM |
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Few years ago bitcoin was nothing but another low value crypto currency. Now it is the most valuable currency in the world now and in the future. It is almost impossibke for another coin to reach that value; almost 6000$!. 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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ged00u
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October 29, 2017, 07:02:11 PM |
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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?
There is no doubt that bitcoin is now one of the strong and powerful currency around the world and some economies experts and world are also going to accept that bitcoin is going to lead than any other currency around the world with high price so it think it’s only happen just because of hard work done by bitcoin so keep it up. it is strong and powerful but bitcoin is not a strongest and most powerful currency yet. There are many cryptocurrencies which are stronger than bitcoin. They are better, faster and they can maintain a huge number of transactions everyday. Bitcoin has a high price because it is the first cryptocurrency to be created |
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DIMKAZDS
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October 29, 2017, 08:39:32 PM |
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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?
There is no doubt that bitcoin is now one of the strong and powerful currency around the world and some economies experts and world are also going to accept that bitcoin is going to lead than any other currency around the world with high price so it think it’s only happen just because of hard work done by bitcoin so keep it up. We cannot say that bitcoin is the strongest currency but it has the potential to overtake many currencues in the world.It can also give competition to the dollar,not now but later in the future.Although it is not legalised in many nations,it is getting popular all over the globe and its demand is also increasing due to which its price is increasing day by day.It has reached to about $5800 and is expected to reach $10,000 at the end of the year.Traders are also trading in bitcoins now a days.Some transactions are also now being made through bitcoin.Since no taxes can be applied on bitcoin,people get full payment and profit margins are high.It is now the strongest cryptocurrency today and all the other cryptocurrencies regulate with respect to it. |
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Fulmand
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October 30, 2017, 03:33:11 AM |
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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?
There is no doubt that bitcoin is now one of the strong and powerful currency around the world and some economies experts and world are also going to accept that bitcoin is going to lead than any other currency around the world with high price so it think it’s only happen just because of hard work done by bitcoin so keep it up. We cannot say that bitcoin is the strongest currency but it has the potential to overtake many currencues in the world.It can also give competition to the dollar,not now but later in the future.Although it is not legalised in many nations,it is getting popular all over the globe and its demand is also increasing due to which its price is increasing day by day.It has reached to about $5800 and is expected to reach $10,000 at the end of the year.Traders are also trading in bitcoins now a days.Some transactions are also now being made through bitcoin.Since no taxes can be applied on bitcoin,people get full payment and profit margins are high.It is now the strongest cryptocurrency today and all the other cryptocurrencies regulate with respect to it. Bitcoin may be the strongest cyrptocurrency nowadays with regards to its price exchange but we really can't say it's the strongest among all currencies since it is not accepted worldwide yet. Yes there are highly developed countries who uses it but not centralized yet and not as national currency yet. |
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Netnox
Legendary
Offline
Activity: 2044
Merit: 1008
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October 30, 2017, 03:36:02 AM |
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How can you say that it is the strongest currency? It's exchange volumes are far below that of the other currencies such as USD and EUR. And its acceptance is even below that of the lowest ranking fiat currencies such as the Mozambican metical and the Yemeni rial.
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ongels
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October 30, 2017, 04:15:26 AM |
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Im not agree with the strongest currency because there are so many people haven't recognize bitcoin as currency or an asset, especially people living away from electricity and limited internet access areas. Perhaps bitcoins is very expensive nowadays but im worried it seems like a tulips effect that when the time comes it will fade.
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fabrizoc
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October 30, 2017, 05:04:11 AM |
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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.
If we talk in terms of the worth and market price, then bitcoin is indeed the strongest currency in the world. There is no other currency in this world which is having this much of worth as bitcoin is having. Moreover, if we talk generally then bitcoin is not the strongest currency in the world so far. The only hurdle which is keeping bitcoin away from becoming the strongest currency is the legalization of bitcoin. |
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