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Author Topic: Whats the ranking of bitcoin in terms of currency  (Read 1351 times)
Pasabm
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October 29, 2017, 02:39:12 PM
 #41

Bitcoin currency until now still be the leader of rank 1, because it is very high bitcoin exchange price, since 2009 and has never shifted to this day.
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October 29, 2017, 03:11:30 PM
 #42

Is it like #1 since it costs like ~$4000 for 1
That's right. Bitcoin is indeed consider as the no.1 cryptocurrency because of its expensive market value, high market demand and large community. The best factor in Bitcoin which made it the no.1, in my opinion, is its large and growing community that produces a high market demand whih makes its value more expensive, making it on top of cryptocurrencies.
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October 29, 2017, 03:23:54 PM
 #43

No doubt, Bitcoin is number 1 in the whole world of cryptocurrency. It is the basis of all the altcoins and it has many features that will enable it to stay at rank 1 for a very long time. Maybe someday, something will beat it.
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October 30, 2017, 12:17:39 AM
 #44

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.


You are right up to some extent that there are many variables that are examined while a currencies comparisons but at the end of the day the purchasing power is the main element that is widely considered. The US dollar was considered as the strongest currency because it got the acceptance for the international transactions which increased its purchase power. The same is now the case with the bitcoin but it is not legal around the world so in the books it is not considered as #1 currency of the world but truly it is. 
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October 30, 2017, 03:13:13 AM
 #45

I think in terms of bitcoin value is the topmost, but in terms of bitcoin currency is the second because the use of bitcoin is still not comprehensive in each country while the fiat is used by every layer of the general public in their respective countries. Bitcoin itself is a global exchange tool that can be used anywhere by fellow bitcoin users


When we speak about cryptocurrency of course it's so obvious that bitcoin is the top most considering its price that is up to $5000 but if we will include the centralized currency which is mainly used by everybody then it will be number 1 in value but not in usage accesibility since not all establishment accepts bitcoin yet.
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October 30, 2017, 03:13:22 AM
 #46

I can say bitcoin is the top in the currencies. Because of it's high price ( $6000).Also it's decentralization transfer. It is also legal in whole world.That's why it is in No.1 position.  

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October 30, 2017, 05:12:29 AM
 #47

Is it like #1 since it costs like ~$4000 for 1
Yes bitcoin has been placed on number one in all cryptocurrencies around the world. We don’t have any solid reference for that but I have heard news and read many articles about it. Bitcoin have got much fame in a very short time as compared to all other elements in business things. The more yielding percentage of it, have showed everyone that it is the number one currency.
There is hardly any reason to deny this fact that bitcoin has comfortably managed to get the top ranking in the world of crypto currencies. There is no other coin which is having that much of worth and importance as bitcoin is having.

Bitcoin is no doubt far more beneficial than most of the regular currencies as well but only thing which is keeping it behind is that it has not been declared as legal so far.
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October 30, 2017, 05:49:56 AM
 #48

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.
You are right in this regard. We here only know bitcoin as the crypto number one currency but that doesn’t mean bitcoin is the ranked on top in all currencies in the world. But don’t you think, all currencies have shown this much success after development of centuries but see bitcoin, it is only the period of about nine years and see the amazing feats of success it has just showed.
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October 30, 2017, 12:22:40 PM
 #49

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.
In the ranking of all the coins which are present in the world of crypto currency, bitcoin is at the top of the list. There is no other coin which is having this much of worth and importance as that of bitcoin is. The way bitcoin is making such a good reputation amongst the people, I am very much sure that bitcoin is going to have a wonderful future. It will change the lives of those who will believe in bitcoin.
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November 01, 2017, 10:01:39 AM
 #50

Is it like #1 since it costs like ~$4000 for 1
Of course it's number one the bitcoin price today is above $6500. Whosoever will disagree have a problem in their mind.
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November 01, 2017, 10:09:30 AM
 #51

I can say bitcoin is the top in the currencies. Because of it's high price ( $6000).Also it's decentralization transfer. It is also legal in whole world.That's why it is in No.1 position. 

You need to learn to stop signature spamming and learn about the bitcoin network and how it works before making posts in this forum. Bitcoin is not legal in every country in the world. There are places where bitcoin is banned. Take a look at this : https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Bitcoin currency until now still be the leader of rank 1, because it is very high bitcoin exchange price, since 2009 and has never shifted to this day.

You cant say that for sure. There have been FUD spreading in the last few months and thus prices have fallen and then risen again. I would say bitcoin gives a tough competition to other altcoins and to the fiat.

 
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November 03, 2017, 02:00:43 PM
 #52

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

 I thinks that bitcoin is the no.1 of all digital currency because of its value   and in terms of money  if euro is the highest rate of all currency i can compare it to this kind of state currency.bitcoin price is greater than all coins its rate value now in the market of $6000 and this coming next three years it will raise to $9000  because of the decentralized system.

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November 03, 2017, 02:15:10 PM
 #53

Personally every one will think that bitcoin is top most currency and no other currency can bit it. Also it’s not like that because of it’s price (current = 5.6k USD) is very high  but it’s also because of the way bitcoin is growing currently in the market. The growth rate is very faster as compared to other currencies in the market and even any other real asset in the stock exchanges. That’s why it’s number one and I’m sure only crypto lover will think this and not the the normal person. Lols.


If we are going to have a rank on bitcoin price in terms of currency we also need to be specific in term of distinction. Bitcoin is a form of a crypto-currency by which its value is dependent on the stock movement on transactions on the market and for the people who support bitcoin. So if we are going to rank bitcoin in terms of crytpo-currency it is no doubt that is the number one crypto-curreny in terms of value, volume and stock movement in transaction particularly to tradings and investments.
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November 03, 2017, 02:38:52 PM
 #54

I can say bitcoin is the top in the currencies. Because of it's high price ( $6000).Also it's decentralization transfer. It is also legal in whole world.That's why it is in No.1 position.  

LOL it doesn't make sense. You can't rank a (crypto) currency based on the value. You can rank it based on the adoption or something else but not based on the price... And as for the legal side of Bitcoin, so far I don't think it is allowed in the whole world as you say and so it doesn't give a point to your argument

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November 03, 2017, 02:43:37 PM
 #55

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
Many traders do not think like you they desire a higher value than the present. They want the bitcoin to be as valuable as possible because they will be more profit.
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November 03, 2017, 02:50:35 PM
 #56

Actually, I have never seen any currency with such Bitcoin value. It surpasses all monetary limits and does not have any more valuable currency than it does, even though it originated in no other country.
Yes in terms of value, it exceeds all monetary limits but people are still against it in terms of usage. Even though it is ranked one in the world of cryptocurrency, it can't still be considered as a fiat money.
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November 03, 2017, 11:09:14 PM
 #57

Is it like #1 since it costs like ~$4000 for 1
I wouldn't put it like that. I would actually, instead, take a look at the market caps of both of the currencies that you are comparing. A lot of people who look at bitcoin as an investment also compare it to the Apple stock, which has the highest market cap. However, even though bitcoin is not just an investment but also a currency, I have not seen it compared to numerous fiat currencies because it's just not as versatile as they are right now. Once bitcoin has more support in the markets, then potentially it can be compared to the USD.
The guy was talking about the currency not stock market.
When people are talking about bitcoin, they are talking about bitcoin in form of currency not asset mostly.
In terms of global currency - bitcoin is definitely number one because it's worth over $6,000 and no currency in the history of the world ever reach that. Grin 
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November 03, 2017, 11:14:32 PM
 #58

Bitcoin has always been rank one and always will be as it has been the first created digital currency others are just copy paste further more the reason ehy is it number because the volume of demand which why we experience a bullish price and the volume of acceptance from countries, merchants and other online and offline businesses the no other altcoin has achieved.

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November 03, 2017, 11:24:23 PM
 #59

I dont think you can compare bitcoin or any other cryptocurrency to the regular currency that have their physical equivalent- the cash.
Simply, BTC is fully virtual. There is no something like "bitcoin cash" because the nature of that thing does not allow to make it physical. it is only virtual so if you are not able to get it in your hand, you should not compare it to the regular currency that is flowing all over the world through the bank transfersm, cash and other ways. Also , the amount of people using both of currencies are totally different ( no matter if we talk about dollar, pound or yen ).
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November 04, 2017, 12:27:17 AM
 #60

In terms of what currency is meant, the currency altcoin, digital, local fiat currency. Bitcoin is at the top of the digital currency because its fantastic value beats the value of other crypto prices. in terms of the value of Bitcoin number one.
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