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Topic: Bitcoin is the world’s 6th largest currency - page 34. (Read 5534 times)

sr. member
Activity: 812
Merit: 250
Good news!  This kind of news would make bitcoin healthy. I am optimistic that by the year 2020 bitcoin will take the first position If we continue to support it. Fake news and rumor of ban affects bitcoin from thriving as it ought to but all that would soon be a thing of the past.
That's a great news to be heard and known because it will encourage not just youbbut other people to get involve in bitcoin. Knowing that idea makes us think that bitcoin is getting the respect it deserve. It will help bitcoin to become more popular and earn the trust of money. This kind of news will make bitcoin's population to grow.
hero member
Activity: 1834
Merit: 523
This is probably good news . Because count to think of it from low price to high price. From not popular to famous now. Bitcoin become 6th largest currency in the whole world is prove it that bitcoin is good to invest. What if they price become very high maybe they will become 4-5th place in the ranking.
hero member
Activity: 949
Merit: 517
That statistic show us a great sign that bitcoin could also beat USD in the process, that's mean that bitcoin is a strong crypto and also become the top with other physical money.
newbie
Activity: 63
Merit: 0
There are so many discussions going on around the bitcoin that sooner or later everyone would want to enjoy those opportunities that it suggests.  Bitcoin have limited supply and i think thats why bitcoin hard to be number 1 currency.
newbie
Activity: 5
Merit: 0
This is a very optimistic picture that we don't even have 10% of world's population using cryptocurrency but still, it is in top 10 currencies.
That's great. Considering the global currency, it should be on the top in next decade with rapid growth. A number of users for cryptocurrency will be increased as compared to that of individual fiat currencies.
hero member
Activity: 658
Merit: 505
Indeed, Bitcoin will not be global mainstream currency. There are numerous reasons for that and volatility and a restricted number of coins are some of them.
Still, Bitcoin can already be taken into consideration as global forex because it may be used everywhere within the global in which people have a web connection and it's time-honored by many nations everywhere in the international, it has no obstacles, it doesn't fall below the regulation of best one u. S .. I suppose that is sufficient to be taken into consideration as a world forex.
member
Activity: 1232
Merit: 12
This is a good and amazing achievement, although the number of users has not reached 1% of the total world population but now bitcoin into the world's 6th largest currency, I'm sure the effect of bitcoin will continue to improve and strengthen.
newbie
Activity: 280
Merit: 0
I think that bitcoin will never become the number one because it cannot pass Dollar or Euro but it can be in top3. Thank you for information this is very useful information for advertising of bitcoin.
member
Activity: 252
Merit: 10
There are so many discussions going on around the bitcoin that sooner or later everyone would want to enjoy those opportunities that it suggests. We just need to cope with all fake news that mass media keeps spreading about the bitcoin.
newbie
Activity: 34
Merit: 0
Good news!  This kind of news would make bitcoin healthy. I am optimistic that by the year 2020 bitcoin will take the first position If we continue to support it. Fake news and rumor of ban affects bitcoin from thriving as it ought to but all that would soon be a thing of the past.
newbie
Activity: 134
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.

Bitcoin is already ranked sixth in the world, meaning Bitcoin has become a reliable currency. But some countries still can not accept Bitcoin as a currency, for their various reasons. I hope, Bitcoin can be accepted as a transaction tool in my country.
member
Activity: 97
Merit: 10
It may not take long for bitcoin to be number 1 So bitcoin will be number 1 in the very near future
hero member
Activity: 672
Merit: 526
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 graphic is totally wrong. The number of paper money circulating in a country nowadays is very limited and its only purpose is to give liquidity to the daily trade. It is usually an account relative to the population of the Country.

But there are also country bonds, corporate debt securities and financial reserves. Maybe this graph is trying to demonstrate this. And at this point, it's very bizarre to include cryptocurrencies in this chart.

Bitcoin does not circulate anywhere. There is only the blockchain and the records that are made on it. It's another class and only someone who has not yet understood what it really is can accept such a chart.
newbie
Activity: 3
Merit: 0
 we can see that all of the efforts of the bitcoins supporters are getting paid and the perks of being known as the 6th largest currency is also great. I hope and pray that bitcoin will use off all the country and accept as a payment system.
newbie
Activity: 182
Merit: 0
If bitcoin market capitalization continues to rise and continues beyond the top global companies, then that possibility will soon come true. But the bitcoin has a fluctuating character that will not be predicted when the right time for bitcoin to be the currency number 1 in the world.
newbie
Activity: 149
Merit: 0
I think its quite an achievement being that Bitcoin has faced quite a number of challenges in its way up.  Sixth position is still very impressive considering the kind of rebellion and rejection it has attracted from the national governments, one can only imagine how far it could have been if only the governments adopted it
full member
Activity: 462
Merit: 102
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 ?


With prices today? Maybe a decade more. A lot more improvements must be addressed like the slow transfer rate and the expensive transaction fees surrounding bitcoins. When all of these problems have been finished, then we can expect bitcoins to rule for decades and decades more.
full member
Activity: 448
Merit: 100
If to make predictions is quite difficult but with the growing bitcoin in other big countries can provide a chance for bitcoin to become a popular coin and is ranked top with the help of enthusiasts later.
member
Activity: 294
Merit: 26
For me, it is amazing that bitcoin is on that table and it is a good achievement for the cryptocurrency community. And i think bitcoin can be the largest currency if many governments will use as reserve.
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
I think to 2020 it will become No1 and the most popular currency in Europe and Asia  Wink
It will take longer than that. I don't think Bitcoin is ready for the whole word, I mean look at it, it's not even ready for the crypto- cummunity. I predict 2050 that's if Bitcoin is even gonna take over the currency market. I believed strongly cryptocurrency can but bitcoin, I don't.
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