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romeitaly
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December 15, 2017, 04:20:31 PM |
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It is too absurd to think that Bitcoin is ALREADY the strongest currency knowing that it is nit yet legal to most of the places and countries. Bitcoin's market value is indeed way bigger than other currencies but it is not the only factor to consider in order for Bitcoin to be called as the strongest knowing that therr are lots of currencies.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Sanjida_j3233
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December 15, 2017, 05:04:14 PM |
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yes of course I think this bitcoin is a strongest currency in the world,but world bank doesn't support it because if bitcoin open then world bank losed, but many country support bitcoin and use bitcoin and bitcoin blockchain.
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STT
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December 15, 2017, 05:59:43 PM
Last edit: December 15, 2017, 06:20:37 PM by STT |
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Strongest currency in the world is by Norway. If you check the countrys assets, it is vast with a sovereign wealth fund built up over many years from off shore oil which is still growing. The reason I rate them over other oil nations is they are an otherwise normally adjusted nation with a mature well equipped population within the EU and quite stable regardless of any alterations to world growth. It could be the oil price is not so strong in future but this is a diverse economy and so very strong. Though they trade with EU they are not tied to EURO which has problems with diversity of various nations under one interest rate. So they operate their own currency and set their own rates, avoiding the problems Greece experienced by not being able to accommodate local variations in employment and exports. This is likely the strongest currency in the world. BTC relies very much on innovation and monetary velocity, it is an inverve to world reserve currencies with no backing of its own, its value is transient and reliant on convenience facilitated to participants in the world economy who otherwise would not be able to trade easily. With such high fees recently I'm apprehensive about any strength. with the largest capital reserve per capita of any nation https://en.wikipedia.org/wiki/Norwegian_krone |
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XinXan
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December 15, 2017, 07:23:33 PM |
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I agree only with the fact that bitcoin is the strongest cryptocurrency...it can't be the strongest currency until it will recognized by the whole world
Who the fuck uses bitcoin as a currency? It will never be the strongest nor a currency. Bitcoin is used as an asset right now and likely to be this way forever. Too many problems as a currency that will not be solved. Other coins are just better in that aspect. Keep bitcoin as an asset. |
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South Park
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December 15, 2017, 09:35:57 PM |
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With the price of more than $ 15k, can be ascertained that bitcoin is the world's most expensive currency, but this does not or yet make bitcoin is the world's strongest currency because when compared with the USD marketcap has not reached 1%.
True but how long it can take bitcoin to do that, bitcoin is growing and it seems people are finally realizing that bitcoin is not going to disappear and that is going to stay with us for a long time and this is creating in investors a huge desire to invest especially when we consider the benefits we can get. |
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Trela
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December 15, 2017, 10:00:01 PM |
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I agree only with the fact that bitcoin is the strongest cryptocurrency...it can't be the strongest currency until it will recognized by the whole world
Who the fuck uses bitcoin as a currency? It will never be the strongest nor a currency. Bitcoin is used as an asset right now and likely to be this way forever. Too many problems as a currency that will not be solved. Other coins are just better in that aspect. Keep bitcoin as an asset. In the past, Bitcoin was used as a currency, but to be honest, I agree your idea. There are very little of people want to spend Bitcoin as a payment method or currency. No ne wants to waste Bitcoin nonsense. Why do I need to spend my Bitcoin while I have many payment method better? |
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fabrizoc
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December 16, 2017, 12:52:16 PM |
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yes of course I think this bitcoin is a strongest currency in the world,but world bank doesn't support it because if bitcoin open then world bank losed, but many country support bitcoin and use bitcoin and bitcoin blockchain.
Definitely people need to understand this fact that crypto currencies have better future in this world. Everyone knows that in future everything will be technical and so as the currency but this does mean bitcoins are the strongest currency now. Yes it will be but in the time when every other thing is technical too. Now a days, it is just best currency of the crypto world and this means it. |
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robotrobert
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December 16, 2017, 01:44:09 PM |
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Nope it is not. because bitcoin is just the cryptocurrency not actually a currency that we can use to buy things here in physical world though we can exchange it for money but it still not the strongest currency in the world.
The debate is still not over, bitcoin is strongest so far because of its hash algoand strongest management but the point is that the future will depend on the crypto currencies which will be backed by the banking systems. Banks around the world have already started investing in the crypto currency and if bitcoin manages to get the backing of some banks, then definitely the future belongs to bitcoin. |
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watchbay30
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December 16, 2017, 02:03:24 PM |
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yes of course I think this bitcoin is a strongest currency in the world,but world bank doesn't support it because if bitcoin open then world bank losed, but many country support bitcoin and use bitcoin and bitcoin blockchain.
Bitcoin is not yet at the right age to compete head to head with the current fiat currencies in any country. Yes, it is being used worldwide but too early to be compared to USD for example. And especially right now when a split is coming our way, I don't think bitcoin is as stable as the established as fiat currencies. It will find its perfection though as it grows older. |
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19Nov16
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December 16, 2017, 04:17:05 PM |
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Yes true, bitcoin prices reach more than $ 17,000 and can be said to be the most expensive currency for now, bitcoin value will continue to grow as users increase while stocks remain.
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vainhaver
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December 16, 2017, 04:49:31 PM |
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about price bitcoin is so stronger and be strongest currency in the world.
unstable may effect in bitcoin place but in future will be strongest one
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Vicrey
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December 16, 2017, 05:05:51 PM |
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no maybe we can use it but it could never replace the coin that we use to be, yes bitcoin help us for now but we didn't know how long will bitcoin would it be we cannot predict when bitcoin falls, bitcoin would be the strongest currency if it is became a paper money but i think it take times before it happened
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South Park
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December 16, 2017, 07:51:43 PM |
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I agree only with the fact that bitcoin is the strongest cryptocurrency...it can't be the strongest currency until it will recognized by the whole world
Who the fuck uses bitcoin as a currency? It will never be the strongest nor a currency. Bitcoin is used as an asset right now and likely to be this way forever. Too many problems as a currency that will not be solved. Other coins are just better in that aspect. Keep bitcoin as an asset. The problems are on its way of being solved, it is a slow process but we already did the most difficult part, segwit got activated after a very long fight now we only need to be patient in order for the problems to resolve themselves and when that happens bitcoin will be used as a currency. |
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chimcoin
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December 16, 2017, 08:40:38 PM |
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I think bitcoin is not strogest for obvious reasons.
1. It has not been generally accepted.
2.Most people are unfamiliar with bitcoin and only a few mainstream businesses are accepting them as payment.
3.Since Bitcoins do not have a physical form, it cannot be used in physical stores. It would always have to be converted to other currencies.
4.Since there is no central authority governing Bitcoins, no one can guarantee its minimum valuation. If a large group of merchants decide to “dump” Bitcoins and leave the system, its valuation will decrease greatly which will immensely hurt users who have a large amount of wealth invested in Bitcoins. The decentralized nature of bitcoin is both a curse and blessing.
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South Park
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December 17, 2017, 09:08:25 PM |
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I agree only with the fact that bitcoin is the strongest cryptocurrency...it can't be the strongest currency until it will recognized by the whole world
Who the fuck uses bitcoin as a currency? It will never be the strongest nor a currency. Bitcoin is used as an asset right now and likely to be this way forever. Too many problems as a currency that will not be solved. Other coins are just better in that aspect. Keep bitcoin as an asset. In the past, Bitcoin was used as a currency, but to be honest, I agree your idea. There are very little of people want to spend Bitcoin as a payment method or currency. No ne wants to waste Bitcoin nonsense. Why do I need to spend my Bitcoin while I have many payment method better? Right now there is not much of a point in spending bitcoin since the fees are very high but once the fees get cheaper people are going to begin to use bitcoin but that is going to take time because as we know bitcoin is a great investment so instead of spending it people prefer to hold it. |
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cabitu
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December 17, 2017, 10:20:30 PM |
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Yes bitcoin is the strongest DIGITAL Currecny right now and its the mother of all cryptocurrencies, I don't want to compare bitcoin with dollars since these two has different use though both are valuable
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Angna27
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December 18, 2017, 03:22:06 AM |
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If I were given 1 Bitcoin as a gift I will be more than grateful to that person because not only he gift me fish but he help me how to catch as well, meaning He did not only gave me a present for today as gift but he also make my future bright and happy because if I earn a great of money by keeping it, first there is possibility of doubling it in the near future.
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boyshx
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December 18, 2017, 04:02:11 AM |
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By mere high price cannot make any currency the strongest currency. It requires universal acceptance, stability in price. Bitcoin is more popular as an asset not as a currency. Its use as a currency is restricted by its ever increasing price. Gold and USD are even today are the strongest currencies of the world. They have universal acceptance, they are not banned in any part of the world. They get exchanged easily. Though their prices are not high as bitcoin, they are relatively stable and less volatile in nature.
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LETme
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Merit: 17
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December 18, 2017, 04:18:29 AM |
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Bitcoin is not strongest currency but bitcoin is the strongest cryptocurrencies for me is more like valuable asset that can used it for our future, The problem is bitcoin has no physical form, not all people know the existence of bitcoin although the popularity still slowly grow and lastly bitcoin has limited supply.
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Sleepy18
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December 18, 2017, 04:25:14 AM |
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What do you expect to the mother of all cryptocurrency? Because of the new ICO who also want to try their luck to be as popular as bitcoin and also they make their own blockchain. The competition is getting hotter and hotter. And as you can see still everybody wants to have bitcoin! Still its demand is at its pick and we cannot compare its value to others. Last night it reaches $20000! Can you imagine that? A money that does not exist came to be the most expensive money so far! But still im expecting more in the future  |
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