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Author Topic: Bitcoin is the world’s 6th largest currency  (Read 5505 times)
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September 13, 2018, 10:58:58 AM
 #981

Interesting comparison but I think that BTC and other currencies should be compered more to sotcks are precious metals not currencies becaus it is more as store of value then means of payments.
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September 13, 2018, 02:30:53 PM
 #982

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 ?

In my opinion since Bitcoin was born in 2008, there is still too short time to compare. And i think about 2025 Bitcoin will lead in the world currency. This is possible when the value of Bitcoin is growing as well as its impact.
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September 13, 2018, 02:52:41 PM
 #983

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 ?


From the current point of view, I think it will take quite a long time until it happens. The economy is not ready for such changes and I do not think other currencies (particularly the dollar) will have such a downturn in market control.

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September 13, 2018, 02:56:32 PM
 #984

Bitcoin is mainly used as a valuable investment property, not yet considered the official currency! By most use only on the Exchange! Not used by bankers!
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September 13, 2018, 03:02:25 PM
 #985

Bitcoin is a very strong  currency and it interests the most that it is not controlled by any government of which I believe
draws people to it and what will draw countless number of people  to it. Surely few years from now it could be the number one.
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September 13, 2018, 03:05:06 PM
 #986

In the future Bitcoin will prove what the crypto community is saying. Bitcoin will be the king of the current currency and the position will change as Bitcoin is number one. And everywhere is full of logos and Bitcoin ATMs.
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September 13, 2018, 03:18:33 PM
 #987

Except for Bitcoin, other currencies are government-accepted, a drawback of Bitcoin. Other currencies are traded daily, both small and large. Bitcoins are often used in large transactions. In addition, the price of a Bitcoin is much higher than other currencies, so if the opportunity develops, Bitcoin will rise to No. 1 in the world currency.
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September 13, 2018, 03:33:42 PM
 #988

actually bitcoin is the 1st currency in the world. can be imagined 1 BTC = $ 5800
And I'm sure by the year 2021 bitcoin will increase in volume which will make bitcoin price much higher than current price.
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September 13, 2018, 03:43:58 PM
 #989

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 the news like this should be removed, why? because the data is invalid, I strongly support Bitcoin as a currency, but in reality Bitcoin cannot be called a currency, there are many stages that Bitcoin cannot fulfill in order to be called a currency, one of them in terms of exchange rate stability and coin circulation. so Bitcoin is more suitable to be called an asset because almost same as gold and silver.

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September 13, 2018, 03:55:56 PM
 #990

as per twitter ceo bitcoin will be world single currency in the coming future which may happen by 2020 if the mass adoption happen
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September 13, 2018, 03:59:06 PM
 #991

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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September 13, 2018, 04:08:59 PM
 #992

its impressive if i must say, in a short while being ranked 6th is a massive achievement. i know bitcoin have so much future and a long way to go. it will keep progressing till its ranked first. lets wait for it.
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September 15, 2018, 11:59:21 AM
 #993

Bitcoin is currently the most searched, most discussed and most of all joins the currency as an investment in the world, but due to some rules and news the FUD is not distributed or displayed. so be happy, soon it will be No.01. I think bitkoyn will be currency number 1, if the world gets bitkoyn as an instrument of legal transaction.
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September 15, 2018, 12:12:41 PM
 #994

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 ?


yes of course Bitcoin is the sixth largest currency the more the usage of Bitcoins the more it will come to the main screen and it will become the largest currency. And many people are taking Bitcoins for making profit. show the usage of Bitcoins are increasing a lot so Bitcoin gained such a place and hope in the future it will come to the mainstream also.
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September 15, 2018, 03:32:36 PM
 #995

Glad to know this lovely news. It's an interesting that bitcoin becoming the 6th largest currency in about 10 years.I think the reason for became 6th ranking corrency for that  At the moment BTC is most searched,most discussed and most joining currency. I hope bitcoin will gain 1st stage. Cool
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September 16, 2018, 02:03:11 AM
 #996

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

As of now, this a huge excellence for crypto currency in our society. Innovators should be proud and must continue strive harder to claim the top. But I think, it has a very low possibility that Bitcoin can make it to the top since US dollar is the acceptable international currency by majority of the country. There would be many arguments and discussions for a lot of the leaders regarding the acknowledgement of Bitcoin currency in the world. However, I believe time comes Bitcoin will make it.
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September 16, 2018, 03:15:05 AM
 #997

Except for Bitcoin, other currencies are government-accepted, a drawback of Bitcoin. Other currencies are traded daily, both small and large. Bitcoins are often used in large transactions. In addition, the price of a Bitcoin is much higher than other currencies, so if the opportunity develops, Bitcoin will rise to No. 1 in the world currency.

Bitcoin only used in exchanger and not many merchant in the world accepting bitcoin as payment. If government regulation allowing bitcoin for payment, bitcoin will much higher than now and maybe the rank will rise on top 3
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September 16, 2018, 04:05:40 AM
 #998

wow! it really goes to show that somehow cryptos only have low values as of the moment but will continously grow for the following years and it would really be possible for it to become the world's largest currency. though it is not directly a form of money it soon will be and hope it would continously grow as more investors will come and invest in it.
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September 16, 2018, 04:12:37 AM
 #999

Right now Bitcoin is the 8th largest currency, as Russian Ruble and Pound Sterling seems to have overtaken it. I would sit back and enjoy the show, rather than panicking at this point of time. Hopefully Bitcoin will feature in the top-5 within the next 3 years.
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September 16, 2018, 04:23:33 AM
 #1000

It is just a graphical representation but no body can imagine that in present time where and how bitcoin is using for transactions so it is easy in the case of other currencies which are fiat because there are some limits for that and virtual currencies data is not accessing by people easily so that's why bitcoin may be in number 2 position now a days because of it's adaptation and usage for online market while it is now the best way to make money through online jobs and online trading.

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