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Author Topic: Bitcoin is the world’s 6th largest currency  (Read 5510 times)
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May 05, 2018, 05:00:41 PM
 #121

That's great updates! I guess by 2030 BTC will become number 1
We really hope it happens, I hope bitcoin continues to skyrocket and the number of users continues to grow, and of course more and more countries are following Japan that has legalized bitcoin and equivalent with other commodities.


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May 05, 2018, 05:11:42 PM
 #122

wow the information is very surprising, I even just found out now, it turns out bitcoin has become the 6th ranking currency in the world, this means more and more eyes on the bitcoin, and bitcoin no longer can be ignored

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May 05, 2018, 05:31:24 PM
 #123

i don't know from where you get those statistic but i think those statistics is very interesting that besides bitcoin which able to entering top 10 there was several altcoin too can entering top 20 which is pass through traditional currencies from other countries and this is proof that cryptocurrencies is very famous now and it's only just matter of time bitcoin can reach top 3

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May 06, 2018, 03:43:05 AM
Last edit: May 06, 2018, 03:59:10 AM by odolvlobo
 #124

I think the bitcoin chart can not be juxtaposed with a currency chart of viat or banknote. ...
I was shook by this graphical chart and I would like to see references and statistics about this. ...
What measure of money supply is this using for the other currencies? ...
All I can say is that these figures are very misleading. ...

The chart in the original post is bogus, and of the more than 100 replies, only four other people have questioned it.

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May 06, 2018, 03:45:22 AM
 #125

I concur, much the same as what whatever is left of the folks are stating, its not equivalent as bitcoin resembles a contrasting option to those fiats, its like contrasting oranges and apples so with talk. dollar and euro will even now be the number cash as I would like to think, essentially on the grounds that its the most unmistakable and the most generally money being exchanged far and wide, while Bitcoin will remain and keep the best stop in crypto circle. In any case, it's extremely magnificent to see Bitcoin going up against the best money, yet I wouldn't put to much weight on it. Be that as it may, this is a decent diagram to counter those FUD that bitcoin is futile and has no esteem.
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May 06, 2018, 03:48:34 AM
 #126

In other words, bitcoin has exceeded the total amount of money in more than a hundred small and medium-sized countries.

The most critical positioning of bitcoin is the value notarization system of all mankind, and it is eternal!
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May 06, 2018, 03:57:25 AM
 #127

If this trend could be continued then it will be the largest currency within 2020 for sure. In recent time, Bitcoin has been flourished around the world so people have become familiar with this platform in recent years. I hope Bitcoin will be most valuable currency very soon and It will be the largest currency also in the future.
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May 06, 2018, 04:19:24 AM
 #128

The BTC belongs to the Internet currency, and its value lies in its quantitative limit and liquidity. The future value will only get higher and higher.


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May 06, 2018, 04:33:55 AM
 #129

At present, BTC has not been fully developed, and some countries in the world also prohibit BTC!

The trend of BTC to become the world's first currency is irreversible.

Will get the approval of most people in the world!
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May 06, 2018, 04:57:25 AM
 #130

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

No, that is too optimistic. It can become the number 1 currency in the world but it will take at least 30-40 years.
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May 06, 2018, 05:04:09 AM
 #131

not surprisingly bitcoin can grow into the world's famous coin and become the most famous crypto coin. this happens because bitcoin is a revolutionary coin with sophisticated blockchain technology. I predict bitcoin will be the number one coin in a few years.

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May 06, 2018, 05:11:08 AM
Merited by odolvlobo (1)
 #132

I do not understand how to compare this, BTC is a digital currency, can not be compared to the paper money, because they do not have a common measure to calculate. So I find this comparison not authentic. If you can convert to a common currency and compare it to be true.
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May 06, 2018, 05:26:43 AM
 #133

I guess Bitcoin will be able to overtake Indian Rupee sometime this year. But getting on par with the big four fiat currencies (United States Dollar, Euro, Chinese Yuan and Japanese Yen) will be a huge task. So BTC will remain as the 5th largest currency for sometime.

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May 06, 2018, 10:28:34 AM
 #134

all of those in the chart is centralized except bitcoin, when talking to the value even dollar can't be on the same level of bitcoin, 1 dollar is equivalent to 50 pesos only (in philippines) but 1 bitcoin is almost half million, let's say 500,000 peso ( philippine money), i think The title of the thread should not be 6th largest currency but "bitcoin is one of the valuable currency". all over the virtual and real money industry. 
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May 06, 2018, 10:30:33 AM
 #135

i would say it will take a long long time for people to fully adopt btc (or any other crypto for that matter) as a currency.
these type of global huge changes take time.
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May 06, 2018, 11:23:41 AM
 #136

I really don't know how long bitcoin needed to be the number 1 because of bitcoin and cryptocurrency still a new technology which still develops by the dev and the team and it will a time to see it's accepted by all country. but it's possible to bitcoin and another coin to reach a good position in the future but still, no one will know the answer. I think if bitcoin is accepted in half of the country in the world especially the big country then the other country will think about this and they will adopt bitcoin and they will suggest their citizen use bitcoin too. and at that moment, I think bitcoin will rise and will get a higher position.

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May 06, 2018, 11:33:34 AM
 #137

I really don't know how long bitcoin needed to be the number 1 because of bitcoin and cryptocurrency still a new technology which still develops by the dev and the team and it will a time to see it's accepted by all country. but it's possible to bitcoin and another coin to reach a good position in the future but still, no one will know the answer. I think if bitcoin is accepted in half of the country in the world especially the big country then the other country will think about this and they will adopt bitcoin and they will suggest their citizen use bitcoin too. and at that moment, I think bitcoin will rise and will get a higher position.

For me , I don't have any idea of currency largest than bitcoin because all I know among all the currency around the world digital or traditional only bitcoin is number one with the highest value.

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May 06, 2018, 11:34:52 AM
 #138

So it means bitcoin already get the top 1 here way back before the end of 2017 that awesome, nice info thanks for sharing.

In addition, Im hoping that bitcoin will take the top 1 again before the end of this year.  Smiley
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May 06, 2018, 06:31:59 PM
 #139

I guess Bitcoin will be able to overtake Indian Rupee sometime this year. But getting on par with the big four fiat currencies (United States Dollar, Euro, Chinese Yuan and Japanese Yen) will be a huge task. So BTC will remain as the 5th largest currency for sometime.
The task and the truth is not an easy one, but any large company can easily increase the bitcoin price. Thus, capitalization will swell.
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May 06, 2018, 06:41:42 PM
 #140

I guess Bitcoin will be able to overtake Indian Rupee sometime this year. But getting on par with the big four fiat currencies (United States Dollar, Euro, Chinese Yuan and Japanese Yen) will be a huge task. So BTC will remain as the 5th largest currency for sometime.
The task and the truth is not an easy one, but any large company can easily increase the bitcoin price. Thus, capitalization will swell.
I think it can come up as it has the capability and potential to do that.It is the topmost cryptocurrency.In the coming future it can also compete with the fiat currency as people have now started to use bitcoin more.It is very easy to use.Transactions through bitcoin are also very smooth and faster than the normal ones.You can store any amount of bitcoins in your bitcoin wallet.No taxes are also implied on it so the user gets full amounts of profits.It is also expanding in the market more and more.
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