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Topic: Bitcoin is the world’s 6th largest currency - page 36. (Read 5584 times)

member
Activity: 714
Merit: 14
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 ?

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.
newbie
Activity: 98
Merit: 0
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
member
Activity: 518
Merit: 23
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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.
full member
Activity: 350
Merit: 100
I think to 2020 it will become No1 and the most popular currency in Europe and Asia  Wink

I agree tho, based on the bitcoin graph. bitcoin will always go low and then go up (when i say up, like really up. A VERY HIGH VALUE) i just researched what crypto's ranking today. Just saw that bitcoin is on the top. Like always on the top. number 1. who says that its on 6th?
member
Activity: 294
Merit: 10
Bitcoin is electronic money and virtual money, bitcoin connected with the development of internet technology. Almost everyone all over the world using the internet the possibility of bitcoin will be the number 1 currency in the world. Proven bitcoin to coin no 1 in cryptocurrency. So I'm sure bitcoin will be the world's number 1 currency.
member
Activity: 420
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 ?



https://steemit.com/bitcoin/@smcaterpillar/3-reasons-why-2018-will-be-a-decisive-year-for-bitcoin-number-1-will-literally-struck-you
Something  big happening for Bitcoin this 2018. As it is great to know that it became the number six largest currency in the world  and Will become number one soon. It seems that the value of Bitcoin is more than gold and even more than  dollars, not too far that it Will reach number one as it is the most valued coin and Very expensive  at the moment.
full member
Activity: 1121
Merit: 100
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 ?


As we know, Bitcoin is the most post-modern crypto-currency in 21 th century. People are more attractive to the bitcoin, cause it changes our life and gives a better life.Hopefully, It will be take no.1 position very soon.We know, Ethereum, Bitcoin Cash and Ripple are also dominating and solid position.In future, it will be also better position.
member
Activity: 119
Merit: 10
There is no doubt that bitcoin will become the world's 1st largest currency. We have seen the potential of bitcoin. As the time goes by, there will be a point where its value will surpass all currency but there is no exact time when it will happen.
member
Activity: 952
Merit: 41
Bitcoin with it few years of existence is already rank as the 6th largest currency of the world, that is to show how fast the bitcoin network is growing and gaining popularity. In no time from now let say before 2020 bitcoin will be the world leading and largest currency and at that time it price will be above $15000 to $20000.
sr. member
Activity: 987
Merit: 254
It does not make much sense to me to compare Bitcoin with other cryptocurrencies. I think that because bitcoin is comparable to silver investment instruments such as gold instead of currency units like dollar euro.
full member
Activity: 581
Merit: 108
I had no idea bitcoin was ranked this high, but is there a link to follow to see if this information is true...

And is this rank based on if the price of bitcoin is over $15k Huh

full member
Activity: 364
Merit: 100
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bitcoin is the 6th largest currencies in the world? is it on digital currencies only or for all currencies include fiat and other currencies? if in digital currencies only I think bitcoin can be more than 6th rank, but if for all currencies I the world bitcoin is in a good place, bitcoin can make other currencies, small currencies below than bitcoin rank
newbie
Activity: 74
Merit: 0
This is really good news for all people, bitcoin will be number 1 position in 2020. Among all cryptocurrencies, bitcoin is always number one in position. Upcoming years the popularity of bitcoin will increase so the number of people using bitcoin will increase, these are the possible ways to reach number one position in 2020.
member
Activity: 364
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 ?

Amazing, Bitcoin is the world's 6th largest currency i'm not suprise to the good news. I know that bitcoin can surpass everything it's possible that bitcoin will be rank #3 the largest currency in the world bitcoin will be the most valuable currency. But we will never know the future of BTC and cryptocurrency industry.
member
Activity: 111
Merit: 10
Wow is that true? It looks good. If that is true then it will be an advantage for bitcoin in the future. That is a good thing and keeps us optimistic for bitcoin.
member
Activity: 98
Merit: 10
It seems to me that cryptocurrencies can be compared only with cryptocurrencies. It is incorrect to compare bitcoin and the American dollar, because they have completely different functions and tasks.
sr. member
Activity: 728
Merit: 254
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 ?

We don't know,  but what we all know is that there is a huge possibility for bitcoin to be the world's leading cryptocurrency.  Only a matter of time and events are need for it to happen.  Even from now that it is the sixth rank top cryptocurrency,  it is not that mainstream used,  imagine when it is used worldwide?
legendary
Activity: 2912
Merit: 1068
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Even if this information is correct and Bitcoin is 6th currency in the world but we have to be aware that actualy very small number of people in the world is using Bitcoin and it's not equaly distributed. Not everyone everywhere has acces to Bitcoin and relatively small number of people is educated well how to use Bitcoins and what are the possibilities.
So don't think that Bitcoin will become mass mainstream currency, this is not going to happen.
newbie
Activity: 157
Merit: 0
Wow, these figures really highlight the amount of FUD that is put about by people suggesting that BTC and crypto has no future.

How can anyone argue with the world's 6th largest currency? Smiley
newbie
Activity: 48
Merit: 0
market cap != total value.

I think you are also comparing circulating money to bitcoins that would mostly be in short-term deposits on exchanges and a lot of bitcoins are lost forever.
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