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Author Topic: Bitcoin is the world’s 6th largest currency  (Read 5502 times)
iqlimasyadiqa
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May 04, 2018, 11:13:47 PM
 #101

If all things remain the same and the demand for bitcoins keep increasing ,then the probability of bitcoin becoming a leading world currency won't surprise me at all. Central banks and other financial authorities will be accepting it as part of their reserve.
What needs to be done is continue to maintain the use of Bitcoin, as long as we can continue to use Bitcoin then we will be able to see Bitcoin become one of the world economic power. with a huge market share then Bitcoin will continue to grow and begin to be applied to several important sectors. Yes we just need to try to use Bitcoin on a regular basis, it will help us to get the many benefits that Bitcoin users have.
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kache2018
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May 04, 2018, 11:26:11 PM
 #102

This is shocking, I never thought that bitcoin will come this far. Well congratulations to all users and moving forward let us value the opportunity bitcoin is imploring us. Kudos to everyone.
Nboramir
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May 04, 2018, 11:34:08 PM
 #103

I think that bitcoin will never become the number one because it cannot pass Dollar or Euro but it can be in top3. Thank you for information this is very useful information for advertising of bitcoin.
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May 04, 2018, 11:40:02 PM
 #104

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 am surprise with this information, I did not think that bitcoin will be rise to 6th rank even though it is new currency. Congratulations to all who believe in digital currency. Let's continue to use bitcoin.

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granchio
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May 04, 2018, 11:58:53 PM
 #105

I think it is amazing to see bitcoin on that table. I n my opinion, it prove itself and has a great potential to achive many things in the future too.
BitcoinGuruOne
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May 05, 2018, 12:10:48 AM
 #106

INteresting compariosn 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.
dirham99
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May 05, 2018, 12:18:08 AM
 #107

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 is a good news. I hope it will be the world's 3th largest currency in 2020. I like bitcoin so much.
Obeng ketok
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May 05, 2018, 12:37:58 AM
 #108

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
extraordinary. bitcoin has reached the order of the six largest currencies in the world. rich will not be long will shift to no 1.
because bitcoin digital currency no 1.
Jaya912
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May 05, 2018, 12:46:33 AM
 #109

The real question is not how many years or how long will it take bitcoin to reach the number one spot in terms of currencies, the real question would be how bitcoin will achieve that, the reason why bitcoin hasn't reached the top yet is because it is still not legalized, governments and countries are not accepting it as a way for paying for things so people prefer not to use it, and major investors don't want to put money into it in fear of its instability, i think that if bitcoin gets accepted by all the big countries in the world it would defiantly reach the top and be used by everyone in the world for it is a currency full of advantages and benefits.
We have to give it some time, it is a new economic system and it is less than ten years old and we have to be proud of its growth in a short span, we really do not need government regulation to reach the trillion dollar evaluation, since the price has risen this much in a short period, the government cannot have a blind eye to this new economic market and so is the reason they are scrambling to come up with regulation and we had this rally because of big investment coming into bitcoin, if not we wont be in the two hundred billion dollar club.
I know bitcoin is new and it reached great goal till now and also about the market is very high.
But regulation is needed if we want to know bitcoin as mainstream to all people. Now bitcoin just being used for smaller community in all around the world. Government can help bitcoin grow much more faster.
Bitfling
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May 05, 2018, 12:50:33 AM
 #110

I think thats circulation value but is good news. I think bitcoin can be no 1 if price reach $1millions dollar and trade volume more bigger than now. As we know, dollars used by most country in the world and bitcoin still new compare others currency.
fuer44
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May 05, 2018, 12:54:32 AM
 #111

if in the future the whole world can access bitcoin, bitcoin can be the strongest of that list. but I think because bitcoin is not a paper money, but a digital currency, bitcoin prices will not affect inflation and deflation.
zeingrind777
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May 05, 2018, 12:55:23 AM
 #112

very long and can not be ascertained. because big players also need dollars, so it is very difficult to guess for bitcoin to be currency no. 1 largest in the world
Noilee
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May 05, 2018, 01:03:40 AM
 #113

Its very surprising that bitcoin has included on the top list most best currency, because the price is high and profitable. I strongly believe that it will become the top1 on the coming days because it has more potential than in any other currency and many more people appreciate and accepted bitcoin as an investment and very valuable currency compare to other currency.
Coinlover9
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May 05, 2018, 02:47:27 AM
 #114

I did not knew that but for it to surpass the Indian rupee it's has to has a continuous growth because India is going to be a 5 trillion economy by 2025 so Bitcoin has a tough road ahead.
Flayme
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May 05, 2018, 04:01:48 AM
 #115

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

Yeah I think also...  After all it is the future of Bitcoin...  It is not a surprise also because all of us are expecting it...  Soon if all countries recognized it... It is much better...  If it become number 1... It would be the most happiest day of lives of the crypto user...  But ad for know bitcoin is still improving...
romero121
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May 05, 2018, 04:06:43 AM
 #116

That's a good information to the users from Op. Bitcoin ranking among the top listed currency in circulation is really a good thing and this itself shows how potential is the cryptocurrency. When price touched ath, bitcoin might have got stepped within the top four currency in circulation. Possibly within an year or two it'll be listed next to USD.
Tylev
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May 05, 2018, 04:24:26 AM
 #117

Bitcoin is the sixth largest currency in the world, if you look at the level of capitalization. However, if we look at the price, then bitcoin has long been no equal among the world's crypto currency. In this table, the dollar is leading, however, one bitcoin now equals about ten thousand dollars. I prefer to consider the value of money precisely in terms of its price, rather than capitalization, which does not reflect a completely real picture in relation to this type of money.
aitrading
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May 05, 2018, 04:12:48 PM
 #118

That's great updates! I guess by 2030 BTC will become number 1
cr7
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May 05, 2018, 04:33:51 PM
 #119

It will be surprising if bitcoin overtakes the dollar and become a top coin. But something tells me that the government will not allow it!
Free1bitco.in
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May 05, 2018, 04:39:49 PM
 #120

I think the bitcoin chart can not be juxtaposed with a currency chart of viat or banknote, since bitcoin is just a digital currency that is not affected by world currency inflation like dollars, and bitcoin can not compare no 1 or no 6 with different preferred currency symbols
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