mezzaluna
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★Bitvest.io★ Play Plinko or Invest!
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June 03, 2018, 01:50:29 PM |
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You cannot actually say that "Bitcoin is the world's 6th largest currency" because it is the "World's Largest CRYPTOcurrency". Bitcoin is still not part of the real currency that people around the world uses and only 1/4 of the world's population is knowledgeable about Bitcoin and other Cryptocurrency.
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german1080
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June 03, 2018, 01:52:49 PM |
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I think that within 10 years bitcoin will be number 1, IOTA number 2, but there is still a lot of work to achieve massive adoption
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princeyeboah
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June 03, 2018, 02:00:04 PM |
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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://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fpa8YM7i.jpg&t=665&c=U1rw3yV5hYLA4w) Topics like this one is interesting and requires referencing to promote further reading. I'm not surprised Bitcoin is the 6th currency in the world because it was made to serve the people due to its decentralized nature. Users of Bitcoin get many opportunities like good security, fast transactions speed, owner controlled and even investment avenues.
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bohtrung3
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June 03, 2018, 02:01:24 PM |
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if we try to combine with fiat currency, bitcoin has a sequence of 5, but bitcoin is the new currency at the moment, and the top ranking. I think the next few years, bitcoin will shift some fiat currency. and bitcoin will be the currency no 1 in the future, perhaps in the future crypto currency will be a tool of payment for the benefit of the world community.
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ramesh770
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June 03, 2018, 02:04:50 PM |
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Everything is right but until Bitcoin dont get legal status from whole world it is not use of getting any status. Their are so many country which are coming out and starting to regulate it which will give bitcoin a currency status. I think it will take more then 10 yrs to achieve that target.
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xAnima
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June 03, 2018, 02:06:00 PM |
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It is more like Bitcoin is the Worlds Largest Cryptocurrency and followed by so many Alternate Coins. We can say that Bitcoin's platform of payment is useful because it is being used around the world and some Alternate Coin makes Bitcoin as a basis for their values and it is making Bitcoin more popular.
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Burogh
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COVIR.IO
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June 03, 2018, 02:37:13 PM |
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Bitcoin is largest currency that not controlled by any government. I think bitcoin can be a largest currency if many government used as reserve, but i think its almost impossible because many government ban bitcoin
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HarrisonErnest
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June 03, 2018, 06:20:30 PM |
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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.jpgWhile evaluating the excellent performance of Bitcoin, it can be said that it turns into being the number 1 currency worldwide. Coins like PRG, ETH are expanding their projects and are assiduously working to give greater gains to their investors. The constant rise in value can definitely make Bitcoin the greatest.
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Sam San
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June 03, 2018, 06:30:58 PM |
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I think that within 10 years bitcoin will be number 1, IOTA number 2, but there is still a lot of work to achieve massive adoption
bitcoin will not become a mass payment instrument, it will become a reserve currency for some time. then it will be replaced by a currency resistant to the quantum revolution.
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Javathon
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June 03, 2018, 06:37:14 PM |
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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://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fpa8YM7i.jpg&t=665&c=U1rw3yV5hYLA4w) It will take some 10 or more years for that to happen. In 10 years, many countries will adopt the usage of cryptocurrency as a national currency, it already started and many countries are starting to get interest on making their own digital currency. This will increase the popularity of cryptocurrencies and with Bitcoin as the top currency, its usage will also grow further.
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Serious Miner
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June 03, 2018, 06:38:19 PM |
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If bitcoin transactions fee will lees as normal, if bitcoin accept by amazon or ali express, if bitcoin transactions be fast then bitcoin can overcome USD rank in future. Bitcoin needs just few improvment. If satoshi nakamoto is alive then maybe he will fix this issues. We can hope to be top one.
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JeffreyElvis
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June 03, 2018, 06:39:09 PM |
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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.jpgYes, Bitcoin can be ranked as the number 1 currency. Yes, US dollars is currently the top ranked, but Crypto currency is unpredictable. Plus, it has seen a constant rise in its performance. Coins like TAU, LTC are rising in value. Eventually at the end of some year, BTC can be the most used currency.
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DropBombzENT
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June 03, 2018, 07:31:51 PM |
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In 3 years, bitcoin will be the first and only world currency
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SirEGB
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June 03, 2018, 07:49:32 PM |
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If now the currency is in such a place, and it is used by less than 1% of the world's population, what will it be used by 5-10% of the population? hard to imagine. What if bitcoin becomes digital gold? and all today's crypto-currencies will be guided by its price as well as gold, fiat money.
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jefrihunter
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June 03, 2018, 07:59:50 PM |
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well i think this is a significant statistic, we all see that the new Bitcoin was popular recently, but it has gone through so many other potential currencies, and it is like a traditional currency. Bitcoin is becoming more popular and more anticipated by investors, I think it is possible Bitcoin will be able to surpass India's rupee next year and I believe we will move to the digital currency system completely in decades and 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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mrsimons121
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June 03, 2018, 08:06:06 PM |
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Its not quite surprising that Bitcoin ranks up high in the world currency index, It took the word by storm and most people have come in and adopted its use. we hope that it will continue to grow and go up higher the rankings with time
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vaughn125
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June 03, 2018, 08:36:30 PM |
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Wow, this is truly amazing to know. I think thaf if all goes well with bitcoins and does not encounter more banning from countries or other unnecessary fuds, it will easily be able to go and take the number one spot in a few ywars time. Specially if the current issues of bitcoins gets fixed. But only time can really tell.
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reidel21
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June 03, 2018, 09:11:02 PM |
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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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kidamazo
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June 03, 2018, 09:15:44 PM |
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This is awesome, but as for me I believe that bitcoin will not overcome dollars... The dollar is insanelly big! big and strong
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w5pn73
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June 03, 2018, 09:21:06 PM |
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We all know bitcoin should be at number 1, 6th is not that bad though...for now ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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