Topic: Is bitcoin now the strongest currency in the world? - page 11. (Read 42159 times)
I believe in bitkoin and I think that now it is very bad. But bitkoin - not the strongest currency ATM, because it is brand new and has huge fluctuations. Many people do not panic.
Although bitcoin prices are very high but this bitcoin is just a digital currency that is not recognized by the government and can not be called bitcoin is the strongest currency in the world because of advice and other strong currencies such as dollar, pound sterling and euro, third eye this money is still very strong as the strongest currency today.
I do not know about the strongest currency of the world for bitcoin to date, because I doubt the value of the coin As such. But the fact that Bitcoin gives real and huge opportunities to earn, it really is.
Although bitcoin prices are very high but this bitcoin is just a digital currency that is not recognized by the government and can not be called bitcoin is the strongest currency in the world because of advice and other strong currencies such as dollar, pound sterling and euro, third eye this money is still very strong as the strongest currency today.
Potentially Bitcoin can be considered as the most grounded money on the planet for the reason that as time cruises by, numerous individuals are presently beginning to get connect with into Bitcoin for the reason that they are currently perceiving its value and esteem particularly with regards to the value it have. With the constant ascent inside its notoriety, I can really say that Bitcoin would now be able to be significantly the most grounded money on the planet with regards to virtual.maybe on the grounds that still an extensive number of populace still depends with trade out terms of dollars.
Bitcoin is the strongest of all cryptocurrency while US$ is the most strongest and most circulated currency of the whole word. Some countries bitcoin is not yet legalized that's why bitcoin is at below at the top rankings of currency. US$ is universal we can use it anywhere we can spend it everywhere that's what makes US$ the most circulated currency in the whole world. Bitcoin is not handled by a government that's the good thing of it we are so much free at bitcoin. Hoping that bitcoin will last forever and rise above as strong as US$.
Yes, it is not correct to compare cryptocurrency and fiat. When Bitcoin is the leader on the cryptomarket, dollar rules in the world, where paper money is used.
I do not agree if bitcoin is said to be a currency even though it can be used for transactions, even though the price of 1 bitcoin is equivalent to $ 10900 and if compared it is the greatest value, but I do not think that is the strongest because the value can go up and down in hundreds of dollars per day.
After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Not strongest because every crypto can crumble anytime. I will say not the strongest but the highest value of all the currency, including physical money and in crypto. It is the most expensive cryptocurrency/currency right now and is the most popular electronic money as we say. Bitcoin is still small? Wait for a few more years and say that. A cryptocurrency can appreciate through time and anytime it can appreciate but we don't know still. I think in the future Bitcoin will be more successful than it ever was this time. I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Possibly Bitcoin can be considered as the strongest currency in the world for the reason that as time passes by, many people are now starting to get engage into Bitcoin for the reason that they are now recognizing its worth and value especially when it comes to the price it have. With the continuous rise within its popularity, I can truly say that Bitcoin can now be considerably the strongest currency in the world when it comes to virtual.maybe because still a large number of population still relies with cash in terms of dollars. I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
How strange to read this thread after five years it was started... btw, the strenght of a currency doesn't depend only from ist nominal value (actually, it could be very possible for a country to make a coin with a value of 1 million$ for an unit. Of course, it would be unconfortable from a practical point of view.
The strenght of a money depends much more from its stability and from its general acceptance.
So, bitcoin need to improve very much these aspects...
The strenght of a money depends much more from its stability and from its general acceptance.
So, bitcoin need to improve very much these aspects...
Well, as of this moment, No. Why? One of the reasons and the most common one is legality of Bitcoin. It's indeed that Bitcoin is number one only in the virtual or crypto world. If every countries would pass a law and making cryptocurrencies legal then Bitcoin could top every other currencies in the world.
No I do not think that bitcoin is now the strongest currency in the world.Though the users of Bitcoin are increasing day by day and its popularity is increasing,it is still unknown to a large number of population.Bitcoin requires internet connection to operate which is not possible in every corner of the world. It is even banned in some Nations and is not legalised in many countries.Also it is decentralised so the government does not back it.You can not use credit card to using on anywhere because the countryside never have ATM for withdraw money
. After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Right now, Bitcoin has a strong and high value comparing to the currencies of those strong countries. Because of its price in the market, many people are investing in it. If you look at the price of bitcoin over gold as well, it surpasses the price of gold.
Yes, bitcoin is the most popular and the most strongest digital currency in the whole world. Because its value is so high and called the king of cryptocurrencies.
Bitcoin has great potential. It is one of the most valuable currencies.
If bitcoin can be used to buy things that are necessary for everyday use, it will be a universal currency, but it will be a long way off.
We all wait for this, that can use bitcoin for transactions directly and every day can buy everything with bitcoin, it may take longer because currently bitcoin users are still small and based on information has not reached 3% of the entire population of the world. If bitcoin can be used to buy things that are necessary for everyday use, it will be a universal currency, but it will be a long way off.
After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Of all currencies in the world, Bitcoin is the highest as of this moment. The price is 11,000$ and there is no currency higher than that. It even beats the price of a gold in the stock market. This is matter to all the people invested in bitcoin because they are gaining profit out from bitcoin.
Bitcoin is not yet the strongest currency in the world. Unless we are defining notoriety and defiance as strength...then bitcoin is the strongest 
But strength in currency lies in whats the demand of the currency, and the underlying factor backing the currency (economy, commodity etc).
And what is the currency used for?
So the strongest currency at this moment is still the USD. It is backed by the United States and it is the currency for international trade.
Oil is traded solely with USD..
But things are changing.. and the Chinese yuan is going to eat the USD up. Yuan is getting stronger and slowly being used for more and more trades. Even oil is being traded with yuan between china and russian.
But if bitcoin or any crypto can become the currency being used to trade the "oil" of the future, then I would say it will become the strongest.
This is why I back Ethereum as it is used to power smart contracts.. and I opine smart contracts will be the "oil" of the future to power all forms of commerce and trade.
But strength in currency lies in whats the demand of the currency, and the underlying factor backing the currency (economy, commodity etc).
And what is the currency used for?
So the strongest currency at this moment is still the USD. It is backed by the United States and it is the currency for international trade.
Oil is traded solely with USD..
But things are changing.. and the Chinese yuan is going to eat the USD up. Yuan is getting stronger and slowly being used for more and more trades. Even oil is being traded with yuan between china and russian.
But if bitcoin or any crypto can become the currency being used to trade the "oil" of the future, then I would say it will become the strongest.
This is why I back Ethereum as it is used to power smart contracts.. and I opine smart contracts will be the "oil" of the future to power all forms of commerce and trade.
as I see bitcoin is the king of all digital money because of huge amount but the strongest? maybe? because many currencies now came out and compete with bitcoin and no one of them violates the ability of bitcoin so for now bitcoin is the strongest currency was made.
I think it's ain't economist, but isn't the only reason bitcoin is worth so much is because of how few bitcoins there are. If I remember correctly there can only be over than 21 million bitcoins, it will become harder and harder to have it.
Well, as of this moment, No. Why? One of the reasons and the most common one is legality of Bitcoin. It's indeed that Bitcoin is number one only in the virtual or crypto world. If every countries would pass a law and making cryptocurrencies legal then Bitcoin could top every other currencies in the world.
No I do not think that bitcoin is now the strongest currency in the world.Though the users of Bitcoin are increasing day by day and its popularity is increasing,it is still unknown to a large number of population.Bitcoin requires internet connection to operate which is not possible in every corner of the world. It is even banned in some Nations and is not legalised in many countries.Also it is decentralised so the government does not back it. 
Well, as of this moment, No. Why? One of the reasons and the most common one is legality of Bitcoin. It's indeed that Bitcoin is number one only in the virtual or crypto world. If every countries would pass a law and making cryptocurrencies legal then Bitcoin could top every other currencies in the world.
Maybe someday bitcoin will become one of the strongest currency in the world. because bitcoin has huge potential, as well as bitcoin price is unstable and also unpredictable.
Although bitcoin is already a strongest currency of the crypto world, but still it will take some more time to become the most strongest currency of the world, and i am sure about it that the time will come very soon, because bitcoin is spreading throughout the world like fire, people are now accepting bitcoin as their main currency. We can expect that very soon facilities of bitcoin will be present throughout the world. Jump to: