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Author Topic: Bitcoin is the world’s 6th largest currency  (Read 5505 times)
walemil
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August 02, 2018, 04:10:11 PM
 #721

Thanks for sharing this information. At least the doubters can now see where bitcoin falls amongst the currencies of the world. I am sure that bitcoin will take over in the years to come. It is only a person who has no foresight that would not believe there is a great future for bitcoin.
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Glutius
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August 02, 2018, 06:36:38 PM
 #722

This suggests that bitcoin is still successful. This information is necessary to show all the skeptics that don't believe in bitcoin.

BitcoinGuru123
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August 02, 2018, 06:44:55 PM
 #723


There are so many discussions going on around the bitcoin that sooner or later everyone would want to enjoy those opportunities that it suggests.  Bitcoin have limited supply and i think thats why bitcoin hard to be number 1 currency.
rasp
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August 02, 2018, 06:59:07 PM
 #724

Bitcoin is the world’s 6th largest currency.
How many years Bitcoin will need to become No.1 ?
Approximately in 120 years when all bitcoins are mined in 2140.
If the humanity and the Internet still exist by that time, the value of bitcoin will be cosmic and will exceed the value of all other currencies.
massimo123
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August 02, 2018, 07:40:45 PM
 #725


And it is only 10 years after its creation. What will happen next? He may well break into the top three, and may become the first.
BitcoinGuru123
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August 02, 2018, 07:55:26 PM
 #726


Wow this is amazing. I know that bitcoin is a large currency, but did not realize it is in the top 10 list. This is awesome.
Himanshu111
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August 02, 2018, 08:05:49 PM
Last edit: August 02, 2018, 08:18:05 PM by Himanshu111
 #727

I think to 2020 it will become No1 and the most popular currency in Europe and Asia  Wink

I agree tho, based on the bitcoin graph. bitcoin will always go low and then go up (when i say up, like really up. A VERY HIGH VALUE) i just researched what crypto's ranking today. Just saw that bitcoin is on the top. Like always on the top. number 1. who says that its on 6th?

Yes, it is number 1 among the CRYPTO currencies. But its nr.6 talking about country currencies like dollar. Tho I don't think it's a right comparison since bitcoin is decentralized. All in all, I don't think it can become a nr.1 currency anytime soon due to the fact there's only 21 million bitcoins in the world and almost 8 billion of us. Sad
Yes this a good news for all the users of bitcoin.Bitcoin's market is expanding even when the prices are down from some time.Bitcoin is gaining a lot of users day by day.Bitcoin's volatility is the main reason why it is getting so much famous all over the world.Bitcoin is the most expensive and valuable cryptocurrency.It is an easy way to earn a lot of money in a short period of time.Bitcoin has the capability of becoming a global currency.Some countries have also legalised bitcoin.
olgafox0404
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August 02, 2018, 08:09:56 PM
 #728

every day its capitalization increases, the cost of one manet grows both in a geometric progression and it can be assumed that soon it will rise from the 6th line to the leading position
royalfestus
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August 02, 2018, 08:14:04 PM
 #729

Its a good news to read but I dont know old is the news, its source and what factors were considered for the ratings. My concern is not in the price effect on the coin but the spread in acquisition and volume trade. I believe bitcoin is preparing to handle a larger population use with recent developments. I understand there was a decline in use by those companies that affected the trade volume and the relapse in use was silently handled.
jhonnydeep87
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August 02, 2018, 08:16:13 PM
 #730

Bitcoin is one of the six largest currencies in the world. Bitcoin as a precious digital coin has earned a lot of reputation in the world and many people have used it as a buying and selling tool in various fields. Cool
otandelapaz
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August 02, 2018, 08:25:49 PM
 #731

It is highly unlikely to happened. Because Bitcoin is limited. And because most Bitcoins are NOT in circulation. There's also a possible that eventually, Bitcoin's price will go down or at least will not reach more that it had last Dec 2017.

There are also other factors like some countries are banning the use of Bitcoin/crypto-currency. Things like this will never make Bitcoin number 1 in terms of value in circulation.
jaydenbox
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August 02, 2018, 08:28:28 PM
 #732

Woah I never actually realized this, this is crazy lol. If it is 6th now I do not think I will take that long to become first to be honest, its going there day after day. One day it will be the most used currency and people will realize the importance.
peacefulpeace
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August 02, 2018, 08:32:09 PM
 #733

but consideration should be given to the fact that bitcoin is a digital currency, been appraised side by side fiat currencies is unfair, it should be ranked along side other cryptocurrencies, but on another note bitcoin will not only attain the status of been the world number one currency above the usd but also the first globally acceptable currency for global transaction. time is what bitcoin needs.
Kingairdrop
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August 02, 2018, 08:38:19 PM
 #734

Very useful information, but i dont see how market capitalisation determines the true value of the currencies in the world. Anyways base on my believe bitcoin stands first and every other currencies comes second. Thats my opinion, dont bother thinking you can change it

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Sirnero111
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August 02, 2018, 08:45:45 PM
 #735

I totally agree with this fact that bitcoin is word largest currency due this fact as its now the sixth most circulated currency in the world, behind five super powers, and outranking the Pound, the Ruble, and the Won, according to the Bank for International Settlements. The figure is based on a value of Bitcoin at $10,765 each
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August 02, 2018, 08:51:45 PM
 #736

Bitcoin is the world’s 6th largest currency. These figures are noteworthy, but if the value of a single Bitcoin goes up to $15,000, India’s currency Rupee will pass. Ethereum ranked 17th and Bitcoin Cash ranked 20th. Ripple is located just below 20.
How many years Bitcoin will need to become No.1 ?


I think that it is still debatable is it currency or not since a lot people buy it more as an asset.
Also Europian Union tends to think that it is more asset than currency, at least for now i agree with them.

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Ikpirijor7
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August 02, 2018, 09:16:27 PM
 #737

I was shook by this graphical outline and I might want to see references and insights about this. Be that as it may, I would give A for your exertion on sharing such thought and considerations about the rank of bitcoins as a money. in spite of the fact that I trust that everybody as of now accept that bitcoin is the main cash at any point utilized, I would in any case need more measurable outcomes for such conclusions. I contemplate this merits investigating for.
trauchot
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August 02, 2018, 09:19:27 PM
 #738

This is certainly very good, because the more popular is bitcoin the more popular will be the entire cryptocurrency and its development will not keep us waiting. But to become the number one on this will take many years if such a thing is possible under the current conditions.
Rozita
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August 02, 2018, 09:24:25 PM
 #739

I am really surprised now. I didn't expect this. This is great for a currency which is still very new and many people around the world don't know it. Bitcoin is not regulated yet. But all of the other currencies are used and are accepted every where. So it's great.
buwad suka sili
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August 02, 2018, 09:28:08 PM
 #740

Bitcoin is the world’s 6th largest currency. These figures are noteworthy, but if the value of a single Bitcoin goes up to $15,000, India’s currency Rupee will pass. Ethereum ranked 17th and Bitcoin Cash ranked 20th. Ripple is located just below 20.
How many years Bitcoin will need to become No.1 ?
https://i.imgur.com/pa8YM7i.jpg

It need more investor and users to make this possible to get the number one slot , if this will happen , this will open the chance that bitcoin will become the world currency.
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