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Topic: Bitcoin is the world’s 6th largest currency - page 37. (Read 5584 times)

member
Activity: 949
Merit: 48
I am very excited to see Bitcoin being the sixth largest currency in the world. Because for me this is already very unusual and Bitcoin can already beat some other currencies. If the price of Bitcoin can continue to be high every year, I believe in the next few years Bitcoin rank becomes number 1 in the world.
Even if bitcoin will become the most amazing currency I didn't have a doubt on it because bitcoin is really amazing it can be  used anywhere and it can really give us a huge return from our investment. I believe that bitcoin will become the most amazing currency maybe not today but in the near future there would be a great possibility.
newbie
Activity: 78
Merit: 0
We really hope it happens, I hope bitcoin continues to skyrocket and the number of users continues to grow. I hope Bitcoin will be most valuable currency very soon and It will be the largest currency also in the future.
full member
Activity: 546
Merit: 100
I am very excited to see Bitcoin being the sixth largest currency in the world. Because for me this is already very unusual and Bitcoin can already beat some other currencies. If the price of Bitcoin can continue to be high every year, I believe in the next few years Bitcoin rank becomes number 1 in the world.
full member
Activity: 322
Merit: 113
Wow this is amazing. I know that bitcoin is a large currency, but did not realize it is in the top 10 list. This is awesome.
sr. member
Activity: 686
Merit: 250
Bitcoin will have a place in the # 3 top of the currencies, USD, Euro and BTC
This time, BItcoin coin is developing very well, is a lot of organizations interested and used!
full member
Activity: 518
Merit: 100
We never say what will happen next , maybe it will be number 1 on the next years.Bitcoin is now on its popularization and more people are engage on it thats why theres a possibility that btc  will be one of the top currency.
newbie
Activity: 109
Merit: 0
It's really interesting to see bitcoin becoming the 6th largest currency in about 10 years. But for me its nice to see it amongst the top, but I don't think they are measureable is terms of fiat. It's crypto for one and the market is based on speculation, maybe some day it will jump to  #1 but when it fall, it might as well go and rank #100.

But to answer the OP questions regarding it being #1 in the future, my best estimate is around 2020-2022, I think the current number of crypto enthusiast will be doubled by that time. And all other crypto will made their mark around the top 10 as well, (ETH and Ripple and BCH).

As of now bitcoin is in the 6th place of the world largest currency and I believe that maybe in the next few years bitcoin is near in the top of tha ranking because of the bitcoin technologies use and it will known in all country....And because of that there will be posibility that many will dying to try to invest or buying bitcoin and effect of that the ranking that place bitcoin now will be going to near the top....
member
Activity: 336
Merit: 10
I'm not sure that bitcoin will be the number one beat dollar. If that is possible then the percentage is very small.  According to my analysis, whatever the reason the crypto currency can not replace the fiat currency position. Especially that made me hesitate because bitcoin technologies lost to other crypto currencies that use more renewable technology. It's hard for me to make sure that bitcoin prices will skyrocket like some time ago. If possible, then bitcoin takes a long time to reach the number one position. Probably more than 5 years. But, I am still not sure. Yeah, let's see tomorrow.
legendary
Activity: 4522
Merit: 3426
Well, here we are at 300 replies and only a handful of people have questioned the validity of the graph.

As I have mentioned in earlier posts, the chart is bogus. It is invalid. Bitcoin has no circulating currency, so its number is 0, making it last and not 6th.

I want to award merits to all of the people that questioned the validity of the chart, but sadly they are all members of signature campaigns and I don't give merits to members of signature campaigns.
sr. member
Activity: 588
Merit: 251
HELENA
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 ?


Such a great news to all users,  it means that bitcoin is too popular right now. It will surely become no. 1 as a currency  since the value increases and the investors are able to earn because of that.
member
Activity: 131
Merit: 10
Bitcoin is a simple, elegant and modern replacement for the whole concept of money. And it has value for the same reason that it has paper money in your wallet: it simplifies the exchange of goods and services, and this is no longer the case with the fact that we had an antique barter market, but in a modern situation where network interactions through the Internet play a crucial role.
member
Activity: 294
Merit: 10
Bitcoin bitcoin, being a decentralized network, opens the possibility of technological innovation. The software model of the bitcoin network, with open source code, facilitates the creation of additions and improvements based on the existing network.
sr. member
Activity: 616
Merit: 263
6th position among the world currency is not too bad am sure by year 2020 bitcoin should be in the 1st position of largest currency and strongest currency in the world.

It's unlikely to achieve this by 2020, considering how 2018, and possibly 2019 look to be sideways trading years. We would need a revolution for it to approach number 1 within that time frame.
jr. member
Activity: 294
Merit: 1
6th position among the world currency is not too bad am sure by year 2020 bitcoin should be in the 1st position of largest currency and strongest currency in the world.
jr. member
Activity: 146
Merit: 3
It could be top 6th largest currency right now, but hopefully soon it will be number 1 currency worldwide, because it has huge backing and so popular among people.
sr. member
Activity: 616
Merit: 263
Not so bad for a little experiment. So it seems Bitcoin only need to grow about tenfold in order to become the largest currency in the world (in terms of circulation). However, the amount of circulating currency is a poor measure, so it doesn't really matter either way.
member
Activity: 84
Merit: 10
My opinion is that 5 - 7 years will be needed Bitcoin to become the first. Most people are still skeptical about Bitcoin. But eventually they will accept it.
probably more than 5-7 years to be number one, if currently the bitcoin is only in position 6, because for now many negative issues about bitcoin, so it is very difficult to be ranked to one
member
Activity: 574
Merit: 10
My opinion is that 5 - 7 years will be needed Bitcoin to become the first. Most people are still skeptical about Bitcoin. But eventually they will accept it.
newbie
Activity: 168
Merit: 0
Circulation says bitcoin is the sixth largest currency in the world. Now the circulation of bitcoin is $180 bln. May be it will take the highest position in future.
newbie
Activity: 59
Merit: 0

I think it is amazing to see bitcoin on that table.
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