Bitcoin is now Among The Top 30 Currencies in The Entire World

[erep]

Bitcoin still stands in 37th position in the ranking of currency capitalisation, if the mass adoption of each country increases bitcoin will slide in the top 10 positions

[1714941085]

1714941085

[qwertyup23]

Bitcoin is now Among The Top 30 Currencies in The Entire World!!!

READ THE COMPLETE ARTICLE HERE:  http://worldpublicityblog.com/index.php/2019/09/26/bitcoin-is-now-among-the-top-30-currencies-in-the-entire-world/

I think you are construing bitcoin as a currency, which is in fact, not a currency but only as an alternative means of payment. No country or state uses bitcoin as their main medium of exchange in their transactions. Not to mention, there are countries that deny and prohibit the utilization of such, which is why it is wrong to view them as currencies being used in the world.

Lastly, bitcoin cannot be a currency with only a supply of 21 million in the world. This would make the currency very inflationary once it reaches the end of its supply in years to come.

[ReiMomo]

Well in my own opinion and base on my research bitcoin is still not in the top 30 currencies in the entire world but it near to be number 30 and I look forward on that to happen. This time bitcoin will have a higher chance to be on top 30 because it is now well known and more people are now using it compare before. This is also the goal of the founder of bitcoin, Nakamoto want bitcoin as a number one digital currency on internet.

[Pumared]

Bitcoin is now Among The Top 30 Currencies in The Entire World!!!

READ THE COMPLETE ARTICLE HERE:  http://worldpublicityblog.com/index.php/2019/09/26/bitcoin-is-now-among-the-top-30-currencies-in-the-entire-world/

This shows discontent and a possible fear of a crisis, see the Chinese currency first. Should the big economies fall the most likely is the rise of bitcoin because it is safer and a better store of value.

[karanggatak]

bitcoin deserves to be currency in a world wide. im sure bitcoin player can make transaction in every country using bitcoin, and many store accept it, though in some country they provide this service because profitable for both sides.
in a fact, in my country, you cant make transaction because it illegal. you cant keep but you cant buy and sell using bitcoin.

[Lalafell]

Bitcoin is now Among The Top 30 Currencies in The Entire World!!!

READ THE COMPLETE ARTICLE HERE:  http://worldpublicityblog.com/index.php/2019/09/26/bitcoin-is-now-among-the-top-30-currencies-in-the-entire-world/

Bitcoin deserves to be on the top chart of the world currency, although bitcoin is still new we can say that it also trying to inclined with other older cryptos. Bitcoin’s rapid growth over the years has made the cryptocurrency a factor that can no longer be ignored. In fact, the steady decline of the purchasing power of the USD raises questions of whether one should keep Bitcoin or the US Dollar.Bitcoin is becoming a force to be reckoned with in the global currency market as it’s already a part of the top 30 currencies.

[Oceat]

Dude, what you posted was a blog. Most blog are masked by the opinion of the writer. Opinion. This could be true and at the same time it could not be true. Although this is one of I'm dreaming of in bitcoin to achieve and for it to become the number one currency. But remember, bitcoin needs fiat to work.

Comparing fiat to a cryptocurrency is a bit weird.

It's true that Bitcoin really need fiat to work and I don't think it belongs to that list. The author of that blog is giving a different idea about of Bitcoin. Bitcoin is already in the top of all cryptocurrency and there's no one that could change that fact.

[Pumared]

Dude, what you posted was a blog. Most blog are masked by the opinion of the writer. Opinion. This could be true and at the same time it could not be true. Although this is one of I'm dreaming of in bitcoin to achieve and for it to become the number one currency. But remember, bitcoin needs fiat to work.

What has been said has its real background although it does not contain a serious source for checking the information given. But from this blog post anyone can research more about it in a place that finds it best.

[Lauren Smith]

Dude, what you posted was a blog. Most blog are masked by the opinion of the writer. Opinion. This could be true and at the same time it could not be true. Although this is one of I'm dreaming of in bitcoin to achieve and for it to become the number one currency. But remember, bitcoin needs fiat to work.

Did you even read the blog? This is no opinion

https://bitcoinist.com/top-30-currency-bitcoin-korea-nasdaq/
https://www.cryptopolitan.com/bitcoin-in-top-30-currencies-worldwide/
https://cryptopotato.com/bitcoin-is-among-the-top-30-largest-world-currencies-despite-being-down-50-from-ath/

Dude, what you posted was a blog. Most blog are masked by the opinion of the writer. Opinion. This could be true and at the same time it could not be true. Although this is one of I'm dreaming of in bitcoin to achieve and for it to become the number one currency. But remember, bitcoin needs fiat to work.

What has been said has its real background although it does not contain a serious source for checking the information given. But from this blog post anyone can research more about it in a place that finds it best.

See above.

Pretty surprising to see Bitcoin have a top 30 ranking by value, but be accepted literally no-where, the graph really does show a stark contrast between it's adoption rate and market cap.

this is no surprise. Bitcoin mining uses over 1% of global energy expenditure. That's pretty big amount when you think about the amount of electricity we use worldwide. Therefore, Bitcoin being in the top 30 cryptocurrencies make sense because of course it is being accepted all over the world.

1 percent isn't that much to be fair, but it is a very sizeable amount, a lot of companies and other operations will use a lot more.

Haa! That's a great achievement however our goal and vision is aiming at the skies where cryptocurrencies is seen as the first currency which is widely used by everybody across the globe. It's a wide guess into the future but i believe it would surely come to pass someday.

Maybe one day it'll be top 20, or a top 10 currency in the world

BS I spend bitcoin very often and it is accepted at many places.

[kryptqnick]

Categorizing currencies based on market capacity and then making comparisons based on their relationship with fiat money is a futile comparison.
MarketCap= price * Circulating Supply.  ----> We have about 21 million currencies and the price is boundless "cannot go up to unlimited."
Governments can print more money "after several conditions" and thus can easily modify the market capacity.

In terms of daily use, the number of stores that accept Bitcoin payments is still small compared to regular stores. Do not forget that part of the stores that accept BTC payment do so through third parties (BTC ---> Fiat.)

I agree that market cap does not seem to be an appropriate way of comparing currencies. Bitcoin has its users, and perhaps this could be used as a factor to make such a list. And maybe Bitcoin could be on such a list among the top-30 currencies by users, it's hard for me to say. However, this also would not be the best way of making the list, since Bitcoin is mainly used for purposes that have little to do with the functions of money. It's used as an investment or for trading purposes a lot, and I don't think this should count. If we talk about the adoption by retailers, though, unfortunately, Bitcoin is barely used and would be far behind typical local fiat currencies.

[bounceback]

I am a little doubtful about the article you gave true or false that bitcoin has defeated 30 currencies and bitcoin is the only currency that is higher than 30 currencies around the world, maybe I don't know many news like that but if it really is it's true that so many bitcoin holders will be more proud to hear the news.

[Kyraishi]

I am a little doubtful about the article you gave true or false that bitcoin has defeated 30 currencies and bitcoin is the only currency that is higher than 30 currencies around the world, maybe I don't know many news like that but if it really is it's true that so many bitcoin holders will be more proud to hear the news.

I think it's a bit overexaggerated and there may be small issues with it, but I think everyone would be able to agree that we can all classify Bitcoin as a top 40 or 50 currency.

It's market cap is huge in the recent years and you can just compare to some economies in other countries and you'll easily be able to see the difference between them.

Pretty good news, I haven't actually seen a comparison of this.

[AicecreaME]

It can really happen. I always believe that btc will soon be part of top10. Its existence is going numerous and many had already using it for everyday expenses indirectly through currency conversion.

The ranks of cryptocurrency doesn't define the worth of bitcoin, even bitcoin is not on the top 10, it's value and potential will not be change by that. Bitcoin will be still bitcoin, we cannot change the fact that it is the most superior coin we have in the cryptocurrency world that always dominate this market even in the tough times like the bearish market. Bitcoin continue to stand against the odds and always succeed in the end.

This year will be like what we have had in 2017, I hope, bitcoin's price will skyrocket before the bitcoin halvinig happens so we have to stay alert to make profits before this bear market get worst.