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Author Topic: Whats the ranking of bitcoin in terms of currency  (Read 1036 times)
shesheboy
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October 28, 2017, 08:31:46 AM
 #21

Is it like #1 since it costs like ~$4000 for 1

i can say that bitcoin is ranking number 1 in all cryptocurrency because of its high value but only in online world and he cant still compete in the fiat money because fiats are still the king of currency in terms of real usage and legality although i see most people will still say that bitcoin is the best currency and will replace the fiat soon but we dont really know what will happen on the future , it might happen one day or not and bitcoin will still remain a digital currency.

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October 28, 2017, 08:40:59 AM
 #22

if in view of its value is not in doubt kalu bitcoin no 1 highest for now.


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October 28, 2017, 09:39:44 AM
 #23

Despite the current high bitcoin value but certainly for the legality of bitcoin currency is still in the limits, and so far the functions and lagalitas fiat still dominate, but I think with bitcoin advances at a time bitcoin will be equivalent to fiat money both function and legality.

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October 28, 2017, 09:45:21 AM
 #24

Despite the current high bitcoin value but certainly for the legality of bitcoin currency is still in the limits, and so far the functions and lagalitas fiat still dominate, but I think with bitcoin advances at a time bitcoin will be equivalent to fiat money both function and legality.
here I completely agree with you and also think that the very first question regarding Bitcoin is its implementation. If this question is resolved, then there will always be a minimum package of problems.

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October 28, 2017, 09:51:07 AM
 #25

Despite the current high bitcoin value but certainly for the legality of bitcoin currency is still in the limits, and so far the functions and lagalitas fiat still dominate, but I think with bitcoin advances at a time bitcoin will be equivalent to fiat money both function and legality.
here I completely agree with you and also think that the very first question regarding Bitcoin is its implementation. If this question is resolved, then there will always be a minimum package of problems.

Although btc is higher, i dont think they could be classified as one. Because fiat and crypto currencies works differently. Cryptos are mined while fiats are made. Although they just represent something, they exist against each other. Some governments dont accept crypto trading but others take opportunity to adapt it but with risks. I think the most bold move would be some fiat representation of bitcoin but i dont think that would happen.
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October 28, 2017, 10:22:25 AM
 #26

I assume your question is made in comparison to
all other FIAT currencies in the world?

I think its difficult to compare really, there are so
Many variables which can be compared but as
people  on this thread is based solely on its single
Value of over $5500.


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October 28, 2017, 10:23:11 AM
 #27

Is it like #1 since it costs like ~$4000 for 1

I don't think it works that way. A lot of thinga determines whether a currency is ranked at the upper or bottom. And bitcoin isn't even yet listed along side all other regular currencies.

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October 28, 2017, 12:00:11 PM
 #28

Bitcoin is the father of crypto currency and boss always stands first in the race. So no doubt on iy that bitcoin always stands first in cryptocurrency and it will always be and the other will be altcoins.

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October 28, 2017, 12:18:00 PM
 #29

Is it like #1 since it costs like ~$4000 for 1


If you ask crypto currencies bitcoin is number 1 because of high price value unlike other crypto's. But if your thinking is in whole currencies including fiat, bitcoin is not considered real currency and it is not considered as number one even the value of it is high. Bitcoin is in the limited used and the only used of it is in virtual transaction, unlike fiat that without restriction of used.
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October 28, 2017, 12:36:47 PM
 #30

Obviously no one in the economic sectors will declare that bitcoin is the top in currency value. For the same reason they don’t even want to recognized as one of the currency that is existing. It is so high that most of them crumbled to they’re feet just to stop this madness. But fail with a zero on they’re head because of disappointment after all those black propagandas been made and thrown to cryptocurrency, it doesn’t change the course to the biggest investment opportunity in the world.
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October 28, 2017, 12:55:01 PM
 #31

In terms of decentralized currency bitcoin is no. 1 no doubt, bitcoin is always on the top of crypto currency market because it has huge value and lots of people start to adopt bitcoin even their own countries.
For now bitcoin can only transacted in online but i think in the near future there will be available even in offline transaction.
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October 28, 2017, 01:00:29 PM
 #32

Is it like #1 since it costs like ~$4000 for 1

Are you referring to cryptocurrency when you mention currency? If you do, I think Bitcoin is really ranked number 1. It cannot be compared to fiat currency because it is a virtual currency. And we all know that when it comes to cryptocurrency, there is no other coin that will be at par with bitcoin in terms of achievement. The second, whichever it may fall in the very long list of altcoins, is very far from Bitcoin.



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October 28, 2017, 01:12:21 PM
 #33

Is it like #1 since it costs like ~$4000 for 1

Are you referring to cryptocurrency when you mention currency? If you do, I think Bitcoin is really ranked number 1. It cannot be compared to fiat currency because it is a virtual currency. And we all know that when it comes to cryptocurrency, there is no other coin that will be at par with bitcoin in terms of achievement. The second, whichever it may fall in the very long list of altcoins, is very far from Bitcoin.

In price wise, whether it is crypto currency or any kind of fiat and cashless society as well bitcoin is number one rank to choose as your savings. In usage wise bitcoin is still undervalued currency in the market all over the world. If the supply and visible to all the set of people means bitcoin will gross the place of USD in the world economy market place.

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October 28, 2017, 03:10:28 PM
 #34

In cryptocurrency world, or here in the digital world, I must say that yes bitcoin is the leading currency in crypto. As you can see, bitcoin's price is way too big compared to any coins that are available in crypto.

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October 28, 2017, 03:57:27 PM
 #35

I can't say a definite rank number for bitcoin in terms of currency because if we say currency, it is the general systemof money so it includes all forms of money for every country. But if we filter our choices in terms of cryptocurrency then I say the Bitcoin is the number one amongst all other competitive tokens available in cryptocurrency ecosystem.

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October 29, 2017, 07:51:12 AM
 #36

if in view of its value is not in doubt kalu bitcoin no 1 highest for now.
Yeah it could be true but a lot of the other bitcoin currency in now being in the market and the value of the currency will be high till the end of the term and the low price bitcoin will give the low price profit while the bitcoin importance will give you the bright side of the future, I hold the bitcoin and the price of the bitcoin will be more than this till the end of the year I love to buy the bitcoin because for me the bitcoin rank is now very high.

   

 
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DPrillio
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October 29, 2017, 08:07:20 AM
 #37

Is it like #1 since it costs like ~$4000 for 1


hahaha Yeah I believe so , cause the value of 1 btc is so big Smiley
For all the coins in crypto world bitcoins is the number one among the thousands of coin and that is the reason why bitcoin is the most popular digital currency around the world because it is the biggest it is have the highest value.

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October 29, 2017, 10:03:11 AM
 #38

Undoubtedly it's no.1 because now you can see that 1 btc=5800$

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50ouncebrew
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October 29, 2017, 12:20:35 PM
 #39

Well it's number one because of the price of it, which proves it's attributes. The price has been fluctuating quite a bit, but that was mostly at the beginning when Bitcoin's network was getting stronger.



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Supreemo
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October 29, 2017, 01:45:33 PM
 #40

Well it's number one because of the price of it, which proves it's attributes. The price has been fluctuating quite a bit, but that was mostly at the beginning when Bitcoin's network was getting stronger.
,yes it does and it is definitely in rank number one in terms of value, but in terms of usage i don't know if it is still in number one, because it seems that there are so many who are against it and just set aside those who are not using it.

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