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Topic: Bitcoin is the world’s 6th largest currency - page 31. (Read 5534 times)

newbie
Activity: 21
Merit: 0
It can be clearly seen from the figure that BTC is far from the renminbi, the euro and the US dollar.
Many Bitcoins have not been mined, and many countries have not yet accepted BTC!
When BTC becomes the value-notarization system of all mankind, it is when BTC becomes the largest currency!
newbie
Activity: 294
Merit: 0
This knowledge is kind of stunning and a decent signal for the crypto community. Though still terribly so much compared to the rotation of the USD currency, crypto proves that he has smart prospects within the future. The info proves that bitcoin is parallel to the currency in hand by developed countries, yet as so much on top of developing countries.
full member
Activity: 448
Merit: 122
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 ?

This is a great step I never know bitcoin have reached this night and despite the media propaganda against bitcoin it still made it to be the world 6th currency and I believe the figure is still gaining to reduce as time goes on.
newbie
Activity: 54
Merit: 0
This rank is a process and it's a good process for bitcoin, it will continue moving, hoping for it to be at the top very soon
member
Activity: 434
Merit: 10
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 ?


This is a very great accomplishment that the industry has ever reached yet the room is still large for bitcoin to grow. It will take years and even decades for this innovation reach the top place of world's currencies but it is making progress and this goal is worthy to be part of.
newbie
Activity: 34
Merit: 0
Bitcoin, though a decentralised currency but has gained more ground than most currencies of the world. Most nations dont want this because it will change the orientation of their fiat currencies. It has become more population even more than the currencies of some countries.
copper member
Activity: 700
Merit: 120
Gamdom
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 ?

That doesn't surprise me that bitcoin is placed 6th. i think pretty soon bitcoin will be the no.1 currency in this world.I still don't know why people are still using paper money instead of crypto currency in that era.
newbie
Activity: 133
Merit: 0
this is a good development and i believe as time goes on bitcoin may top all the currencies in the world  due to its nature as a decentralized currency in the world. Internet and social media world is growing faster by day, so people are beginning to know more about cryptocurrencies either as a means of trading or as a means of investment to make profits which makes internet to gain more popularity.
newbie
Activity: 118
Merit: 0
Bitcoin will be the largest currency in the years to come.
full member
Activity: 812
Merit: 105
Buzz App - Spin wheel, farm rewards
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 believe the next few years bitcoin can be ranked number 1. bitcoin is very easy to receive by the community because it is very profitable. people who work on bitcoin say they can buy something from their work on bitcoins.
the next few years will be more countries will receive bitcoin as a means of payment therefore I am very sure bitcoin can be ranked number 1.
full member
Activity: 518
Merit: 101
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 ?


According to data of the international payment banks, Bitcoin has already left currencies like Ruble, Won, and Pound. But the better comparison would be M1 money supply. Here is the record from CIA https://www.cia.gov/library/publications/the-world-factbook/rankorder/2214rank.html
member
Activity: 154
Merit: 10
It seems to me that Bitcoin in 10-20 days will grow more than $ 10,000. At least this scenario looks the most realistic and most profitable for large players.
newbie
Activity: 98
Merit: 0
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

sorry for the ignorant question, but what makes a currency "larger"? Is this based on the amount of users? Because I see it's clearly not based on the actual value
legendary
Activity: 4438
Merit: 3387
Well, there are now over 400 replies to the original post, but only a few of those mention the fact that the chart is invalid. Most of the posts are just meaningless forum spam.

I have explained why it is invalid in a previous post, but I don't think that the people who are posting in this thread read any of the replies. So, here is my experiment...

I will give 1 merit to every person who replies and explains why the chart is invalid.*

*Restrictions:You must not belong to a signature campaign (no sense in feeding the parasites), and you must be Jr. Member rank or higher.
sr. member
Activity: 756
Merit: 257
Freshdice.com
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 ?

It is great news that bitcoin is the world 6th largest currency. I cannot say when will bitcoin be number one, but i am hoping that someday bitcoin will be the number one currency in the world that everyone are using bitcoin and bitcoin is legalize in all over the world.
newbie
Activity: 210
Merit: 0
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! just imagine if bitcoin has become very rare and the total supply of bitcoin is just less than 1 million bitcoin then definitely bitcoin trading volume will be more than today and experience a fantastic increase.
full member
Activity: 1610
Merit: 103
The OGz Club
Currently Bitcoin may be the sixth currency of the world, after Dollar, Euro, Yuan, Yen and Rupee, but who will know 5 or 10 years to come. Maybe Bitcoin will be the 1st currency in the World.
all these things can happen and that we can not expect right. let alone the longer the btc is also progressing and growing, and although btc up and down it does not make down btc to be able to grow again
newbie
Activity: 199
Merit: 0
Currently Bitcoin may be the sixth currency of the world, after Dollar, Euro, Yuan, Yen and Rupee, but who will know 5 or 10 years to come. Maybe Bitcoin will be the 1st currency in the World.
newbie
Activity: 192
Merit: 0
this is good news and interesting for those of us who use bitcoin, i love bitcoin to be the sixth currency in the world. I hope in the coming future bitcoin is not the sixth, it can be the number 1 in the world.  Grin
newbie
Activity: 97
Merit: 0
To be a number 1 is in need of about 2 decades. Most eyes are joined as investments in the world but some rules in the FUD news world do not spread or show them openly. If you are happy then you can reach the highest peak so it becomes no, 1. Cool
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