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Author Topic: Bitcoin is the world’s 6th largest currency  (Read 5505 times)
vinbitpon
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May 18, 2018, 03:50:04 PM
 #201

This is a proof that bitcoin is already established, and accepted in the market. No wonder that years from now, crypto will be on the top 3 place, or else on the
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Griegura
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May 18, 2018, 04:04:44 PM
 #202

In fact, until today, despite short bursts of price, bitcoin could not boast of a return to undivided leadership. But today you can already say that it happened again. Traditionally, with the growth of bitcoin, many investors are moving out of altcoins and transferring their assets to bitcoin. The main reason for this remains his recognition as the flagship of the crypto-currency sector. Most new investors believe that bitcoin is the best option for investment, despite the technical merits of other coins.

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May 18, 2018, 04:39:49 PM
 #203

it is really a good news.
Topaz72
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May 18, 2018, 06:51:22 PM
 #204

i hope 2020 will going to be a golden period for bitcoin and no one can beat it.
Same as you I hope the same and I am sure bitcoin is going really nice so it will become the same we want it till the end of 2018 as if you remember bitcoin was not so high at the starting and middle of 2017 but at the end of the year bitcoin pumped up really high those who were holding with patience are millionaires now for sell at the end, same as the last year I am hoping for the best output at the finishing of 2018 so even now bitcoin is king of all crypto currency and it will remain the same for long.
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May 18, 2018, 07:31:18 PM
 #205

yes thats true becuase day by day btc adoption ratio increasing and demand also high thats why btc become popular .
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May 18, 2018, 07:32:56 PM
 #206

This proves that this Bitcoin is already established and the demand for Bitcoin increases day by day, there will be Bitcoin in the top three currency.
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May 18, 2018, 09:14:13 PM
 #207

Yes, most people are disappointed just because today the bitcoin value is down, they do not think that bitcoin has been trying so hard for a long time. They should be able to see this and realize that in the future bitcoin is not just an investment tool but it will also be a global virtual currency.
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May 18, 2018, 11:08:49 PM
 #208

I see so this is the reason why banks are afraid of Bitcoin? Lols. Yes, people might shift to Bitcoin and leave their fiat. As the result their will be a balance problem within the monetary of the affected country.

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May 18, 2018, 11:20:17 PM
 #209

Yes, most people are disappointed just because today the bitcoin value is down, they do not think that bitcoin has been trying so hard for a long time. They should be able to see this and realize that in the future bitcoin is not just an investment tool but it will also be a global virtual currency.
Other users doesnt understand totally about bitcoin and it's used. Proper education could really helps them to being involved in bitcoin. But bitcoin has been popular and being use globally through online.

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May 18, 2018, 11:32:54 PM
 #210

The sixth position in the world is a great achievement for Bitcoin. With less supoly than FIAT and the growing number of Bitcoin users, Bitcoin may be ranked 4-5 in the next few years.

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charlzyeby
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May 18, 2018, 11:44:04 PM
 #211

This is a good achievement for the entire cryptocurrency community. This highlights bitcoin as a legit currency and will likely draw more and more people to join cypto. I believe bitcoin will definitely surpass all major fiat currency as the world's most successful currency at most by the next 10 years.
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May 18, 2018, 11:50:52 PM
 #212

How many years Bitcoin will need to become No.1 ?
You don't need bitcoin it be No. 1
It is good as is. For it to be number one it has to be stable enough so that merchants and all those who don't use bitcoin can use it. Also, bitcoin's supply is way too low for it to be number one.


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miramare
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May 19, 2018, 01:06:58 AM
 #213

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 ?


The popularity and usage of Bitcoin is far less than the FIAT listed here so far.
Unlike the FIAT, the shown bitcoin value is only the "market cap" which have no support and have the risk to be zero.
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May 19, 2018, 03:34:15 AM
 #214

I believe we will move to the digital currency system completely in decades. I think the current monetary system does not meet the needs of people anymore as they require more bureacratic and expansive transactions.
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May 19, 2018, 08:04:07 AM
 #215

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 ?


Great information i wasn't aware about such thing. Really impressive that our bitcoin is in number 6. I was thinking bitcoin is just internet currency and circling around internet. Never expect such thing with bitcoins. It will increase more courage in bitcoin lover and they invite people to invest with it. Anyways i think in future bitcoin will surpass Indian rupees and in 2030 it will be in top on the list.
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May 19, 2018, 08:44:29 AM
 #216

More than 200 replies and only a few people have questioned the validity of the chart. That is very sad.

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May 19, 2018, 08:57:18 AM
 #217

They are referring to base money. Paper money stock only. There is a far greater amount of money out there in the form of credit. Infact something like 93% to 97% of money in circulation is created as credit through the banking system. So this is referring only to maybe 3% of what they make it sound like.
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May 19, 2018, 11:28:11 PM
 #218

I am sure that in the next few years bitcoin will be number one in the future as the biggest currency, it proves only within 9 years bitcoin able to penetrate the top 10 ranks and I think this is proof that bitcoin is able to become a decentralized currency across world.
Wait there will be a surprise for you that will make you more interested in bitcoin and will support bitcoin in apply the whole world.
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May 20, 2018, 12:03:30 AM
 #219

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 ?

if we look at the current development of bitcoin there is the possibility that bitcoin will reach its glory peak approximately three years or even faster, if the bitcoin enthusiasts increase.
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May 20, 2018, 01:38:13 AM
 #220

I think so. Because of this time the bitcoin is also using the whole world, so I'm not surprised that bitcoin is still six in the whole world in the crypto currency and if the bitcoin will be the first time I'm not too surprised because of its very famous it's not going to happen.
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