Is bitcoin now the strongest currency in the world? - page 21.

regnidorhcs

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Quote from: melvster on March 22, 2013, 08:43:58 AM

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?

Bitcoin is already a strong currency but we can not say still that it is the strongest currency. It may be the strongest sooner or later but I don't think it will be the strongest right now because of its situation. It would be more suitable to say that it is the stronges cryptocurrency since it is not yet accepted by the whole world yet.

Gramna

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Quote from: melvster on March 22, 2013, 08:43:58 AM

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 don't think we can conclude that already because to be remembered, bitcoin is not yet legalized worldwide so the actual use of it is not as wide as the existing currencies like dollar. Bitcoin has the potential I think on becoming the world currency and the strongest but I think it would take up a very long before that thing happens in the actual time.

mattmct

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Quote from: jonatuzc on November 24, 2017, 12:32:06 AM

Quote from: Feuerbach on November 12, 2017, 02:58:26 PM

I think that the goods are sold for bitcoin, because it can be sold for dollars. If it were not for the opportunity to make money on Bitcoin, then very few people would be interested in it. That is, the base bitcoin is money) And, thus, it can not be the strongest currency ...

Yes off course bitcoin is one of the strong and popular currency in world and day by day its price is going to high and its now very stable with high price in market so I’m sure that the rest of countries will also accept bitcoin and make it legal as well bitcoin investors and daily traders are also very increased which will give more strength to bitcoin.

In the crypto world bitcoin is the strongest currency but if we compare it with some paper currency then there are some strongest currency. They are strongest because they have support of the powerful governments and they are legal. People are feeling free to invest and trade due to the legalized property. But in the future bitcoin will be a strongest currency of all paper, fait and crypto because of its high value , high security and high rising rate in the value.

Ninmag

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One day and the future I think it can be said that bitcoin is the strongest currency. because bitcoin has a very high price value. and if successful in bitcoin forums, the salary received may exceed the government salary.

danielnamit

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In our current time, I think bitcoin is the greatest currency in the entire world because of its price. All of the currency here in the world, no money can defeat the price of one bitcoin which now reach approximately $12000 and as time passes by it still getting higher and higher.

XinXan

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Quote from: South Park on December 17, 2017, 04:08:25 PM

Quote from: Trela on December 15, 2017, 05:00:01 PM

Quote from: XinXan on December 15, 2017, 02:23:33 PM

Quote from: randal9 on December 15, 2017, 10:26:42 AM

I agree only with the fact that bitcoin is the strongest cryptocurrency...it can't be the strongest currency until it will recognized by the whole world

Who the fuck uses bitcoin as a currency? It will never be the strongest nor a currency. Bitcoin is used as an asset right now and likely to be this way forever. Too many problems as a currency that will not be solved. Other coins are just better in that aspect. Keep bitcoin as an asset.

In the past, Bitcoin was used as a currency, but to be honest, I agree your idea. There are very little of people want to spend Bitcoin as a payment method or currency. No ne wants to waste Bitcoin nonsense. Why do I need to spend my Bitcoin while I have many payment method better?

Right now there is not much of a point in spending bitcoin since the fees are very high but once the fees get cheaper people are going to begin to use bitcoin but that is going to take time because as we know bitcoin is a great investment so instead of spending it people prefer to hold it.

It's not so clear that bitcoin will be able to ever solve these problems, though. Ripple's CEO Brad Garlinghouse said that bitcoin is not well positioned enough to ever solve the payment problems and that may be true. All these hype is just that, hype, no real value or support.

South Park

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Quote from: LETme on December 17, 2017, 11:18:29 PM

Bitcoin is not strongest currency but bitcoin is the strongest cryptocurrencies for me is more like valuable asset that can used it for our future, The problem is bitcoin has no physical form, not all people know the existence of bitcoin although the popularity still slowly grow and lastly bitcoin has limited supply.

There is not really an issue with bitcoin not having a physical form, people use money like that all the time when they use their credit cards, the biggest hurdle for bitcoin to reach the masses is simply the high cost of transaction since it can cost more than 20 dollars to send something and in many countries that is a lot of money.

s0beit

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Quote from: melvster on March 22, 2013, 08:43:58 AM

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 really think so, because bitcoin is really convenient to use and to have. Having bitcoin can make transactions easier, you can buy, sell, send money anywhere you want and easy. You can also earn money if bitcoin price increases. Bitcoin is really profitable, a lot of people were able to earn a lot of money by just investing and holding bitcoin.

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Quote from: zmkriel on December 20, 2017, 10:16:46 AM

Maybe not as big as fiat and gold at this moment but there is a big potential that soon it will be. And soon people would rather choose bitcoins than any other currencies for privacy reasons and easiest way to transact.

A lot of debate still ongoing regarding to this system, maybe after government realized that bitcoin is not a threat but a working system
that will help to lessen delayed and easy up each transactions between business to another using the internet. if this happen then we will
be assured that bitcoin will be a strong currency in the world.

zmkriel

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Maybe not as big as fiat and gold at this moment but there is a big potential that soon it will be. And soon people would rather choose bitcoins than any other currencies for privacy reasons and easiest way to transact.

HeroicZ1

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Quote from: Lannie25 on December 20, 2017, 10:03:04 AM

I think in field of electronic currency, yes bitcoin is the strongest and the number one among them.
The company of bitcoin always perform a excellent service from their investors; that is the reason why many people a satisfied and gives awesome feed backs which will increase their popularity and reputation in this type of industry.

I'm not too confident about the excellent service part due to the high fees and slow transaction processing time. This has been going on for a few months and has never improved so far.

Lannie25

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I think in field of electronic currency, yes bitcoin is the strongest and the number one among them.
The company of bitcoin always perform a excellent service from their investors; that is the reason why many people a satisfied and gives awesome feed backs which will increase their popularity and reputation in this type of industry.

RodneyKings

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Quote from: melvster on March 22, 2013, 08:43:58 AM

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?

If you know some coin or even a fiat with a value of $16K to $19K per coin then I'd consider Bitcoin as small. I never once considered Bitcoin as small lately because of the value.

Mr.Anonymous

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Quote from: Creepings on December 19, 2017, 10:52:28 AM

Quote from: sinta23 on December 19, 2017, 10:39:48 AM

Quote from: Wildwest on December 19, 2017, 10:11:36 AM

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

More like the more days is passing, the more the demand is going, the price is also going higher and higher. Also, even if the price of bitcoin is increasing and getting more expensive, the harder for the people who wants to invest or to buy bitcoin so I think some only get that income or profit. Also, I don't understand when you say with the presence of bitcoin in circulation the state will be fulfilled but I do know that it may help in the increase in the economy.

It may help the country economy if the cryptocurrency user do not evade the government tax. I saw many people are using Bitcoin and cryptocurrency to do that, so, to be honest, I do not think Bitcoin can helps much things in the country economy.

Creepings

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Quote from: sinta23 on December 19, 2017, 10:39:48 AM

Quote from: Wildwest on December 19, 2017, 10:11:36 AM

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

More like the more days is passing, the more the demand is going, the price is also going higher and higher. Also, even if the price of bitcoin is increasing and getting more expensive, the harder for the people who wants to invest or to buy bitcoin so I think some only get that income or profit. Also, I don't understand when you say with the presence of bitcoin in circulation the state will be fulfilled but I do know that it may help in the increase in the economy.

sinta23

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Quote from: Wildwest on December 19, 2017, 10:11:36 AM

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

dimatu

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Bitcoin has gone up the most but it isn't the strongest in the sense that it can't be used for as many transactions as the US dollar.

sinta23

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DogData

Quote from: Wildwest on December 19, 2017, 10:11:36 AM

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

sinta23

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Activity: 668

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DogData

Quote from: Wildwest on December 19, 2017, 10:11:36 AM

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

sinta23

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Activity: 668

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DogData

Quote from: Wildwest on December 19, 2017, 10:11:36 AM

As we can see now Bitcoin is being popular from day to day and also beat many other currencies or cryptocurrencies including gold. No wonder if Bitcoin will become the strongest currency in the world. And can be used for anything like payment, investment and others. That is different from other currencies in the world.

the more days, the bitcoin price is always a lot of interest, because the income from bitcoin is quite a lot and profitable for us.
with the presence of bitcoin in circulation then the state economy can be fulfilled.

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