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Author Topic: Is bitcoin now the strongest currency in the world?  (Read 42156 times)
TomUyamot
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December 18, 2017, 04:37:12 AM
 #1381

What particularly do you mean by currency here? Does it refer to all currencies in the world regardless of whether it is a cryptocurrency or fiat currency? Because if it does, I think the most powerful and strongest currency in the world is still the United States Dollar. It is still the only currency that is almost acceptable to all parts of the world. But when it comes to the strongest crypto, there is really no other than Bitcoin.
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December 18, 2017, 06:14:12 PM
 #1382

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.

Your third point is mistaken the money in your credit cars are just numbers in a screen as well and have no physical form and yet you can use it to buy goods in a physical store, once that bitcoin gets fast enough thanks to the lightning network we will use bitcoin for that as well.

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androidr
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December 18, 2017, 06:23:34 PM
 #1383

Nations around the world won't legalize an asset if it was discovered valueless or truly feel that it will not likely aid with the country's development. Identical is with bitcoin, now many nations focus on legalizing bitcoin and few has previously legalized and settle for it comparable to the country's possess currency. This can make it far more robust and when the identical legalized utilization boosts the growth occurs abrupt and becomes a single of the strongest currency
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December 18, 2017, 07:23:11 PM
 #1384

At the moment I think it is, not any government cant convince bitcoin and its growth, judging by the fact that how bitcoin grew the whole year and now continues to grow, we can already say that bitcoin is the most successful online currency and in near future bitcoin will not have competitors. Amounts that are spent through bitcoins are much larger even than through some official currencies, it is worth considering this, because bitcoin is future of all cryptocurrencies and Internet currencies.
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December 19, 2017, 12:00:57 PM
 #1385

At the moment I think it is, not any government cant convince bitcoin and its growth, judging by the fact that how bitcoin grew the whole year and now continues to grow, we can already say that bitcoin is the most successful online currency and in near future bitcoin will not have competitors. Amounts that are spent through bitcoins are much larger even than through some official currencies, it is worth considering this, because bitcoin is future of all cryptocurrencies and Internet currencies.
Being online currency, there is no doubt that bitcoin is the number one currency, but in physical life as we can see that  still majority of people do not know anything about bitcoin therefore i think still USD is on number one, but in future i think bitcoin growth will continue increase and hope that very soon it will even over cone USD very soon.  Because the number of bitcoin users are increasing rapidly, even in backward country people are now taking more interest in bitcoin.
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December 19, 2017, 12:15:43 PM
 #1386

yteah strong currency but  there are various games playing on it, but big investors every time big whales have made their way to the traps of people, even though the people are hurt, the most powerful and the most invested is the bitter game as the online currency in the open. a small loss of value or gain in value makes the small users very badly.
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December 19, 2017, 02:57:54 PM
 #1387

As I think and also know about bitcoin then I agree with your thinking, bitcoin is now very famous also high price, and very valuable and enthused many people. Soon bitcoin will become a legal currency that will have more marketable space in the market. I have also seen many bitcoin related articles and they say that bitcoin is legal in their own country so bitcoin has a lot of power to be in the market even more profit than our real currency if you have enough money I advise you to start studying investing only on bitcoin for future life.
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December 19, 2017, 03:10:34 PM
 #1388

i believe that bitcoin will be the strongest coin forever. no one can change bitcoin. bitcoin is always a bitcoin. the mother of all currency. people expecting bitcoin will down never gonna happen. digital currency will die if bitcoin will down
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December 19, 2017, 03:11:36 PM
 #1389

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

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sinta23
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December 19, 2017, 03:31:08 PM
 #1390

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

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December 19, 2017, 03:34:45 PM
 #1391

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

sinta23
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December 19, 2017, 03:37:14 PM
 #1392

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

sinta23
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December 19, 2017, 03:39:48 PM
 #1393

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

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December 19, 2017, 03:41:44 PM
 #1394

Bitcoin has gone up the most but it isn't the strongest in the sense that it can't be used for as many transactions as the US dollar.
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December 19, 2017, 03:44:04 PM
 #1395

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

Creepings
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December 19, 2017, 03:52:28 PM
 #1396

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

More like the more days is passing, the more the demand is going, the price is also going higher and higher. Also, even if the price of bitcoin is increasing and getting more expensive, the harder for the people who wants to invest or to buy bitcoin so I think some only get that income or profit. Also, I don't understand when you say with the presence of bitcoin in circulation the state will be fulfilled but I do know that it may help in the increase in the economy.
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December 19, 2017, 10:36:46 PM
 #1397

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

More like the more days is passing, the more the demand is going, the price is also going higher and higher. Also, even if the price of bitcoin is increasing and getting more expensive, the harder for the people who wants to invest or to buy bitcoin so I think some only get that income or profit. Also, I don't understand when you say with the presence of bitcoin in circulation the state will be fulfilled but I do know that it may help in the increase in the economy.
It may help the country economy if the cryptocurrency user do not evade the government tax. I saw many people are using Bitcoin and cryptocurrency to do that, so, to be honest, I do not think Bitcoin can helps much things in the country economy.
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December 20, 2017, 01:54:42 AM
 #1398

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?

If you know some coin or even a fiat with a value of $16K to $19K per coin then I'd consider Bitcoin as small. I never once considered Bitcoin as small lately because of the value.
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December 20, 2017, 03:03:04 PM
 #1399

I think in field of electronic currency, yes bitcoin is the strongest and the number one among them.
The company of bitcoin always perform a excellent service from their investors; that is the reason why many people a satisfied and gives awesome feed backs which will increase their popularity and reputation in this type of industry.
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December 20, 2017, 03:05:03 PM
 #1400

I think in field of electronic currency, yes bitcoin is the strongest and the number one among them.
The company of bitcoin always perform a excellent service from their investors; that is the reason why many people a satisfied and gives awesome feed backs which will increase their popularity and reputation in this type of industry.

I'm not too confident about the excellent service part due to the high fees and slow transaction processing time. This has been going on for a few months and has never improved so far.
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