Topic: Is bitcoin now the strongest currency in the world? - page 38. (Read 42207 times)
yes i am in the favor of bitcoin it is the strongest currency in the world now a days this currency is trading in the crypto market which is good enough to provide the profits to the users. As in the present time this currency is using for many transactions there is no barrier for this currency in the countries.
although bitcoin has a high enough value but i think bitcoin isn't the world's strongest currency, because to my knowledge bitcoin is a virtual currency even though it has a function equivalent to fiat currency but illegal bitcoin legality
I still confuse how we can do research to maintain which one is the strongest currency in the world? What is the indicator? Price or use?
If price, yes i can say its the strongest one.
But if use, fiat money is still number 1.
No question about it. You can tell by looking at its graph and how dominant bitcoin is for the past couple of years and bitcoin is also one of the reasons why ICOs and other alternate coins are popping up out of nowhere.
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?
Yes. Because bitcoin right now is attaining great attention and popularity all over the world even after being banned in China, it still managed to recover and the sudden pump was actually surprising. The users of bitcoin also right now has been increasing greatly and even the investors too so we should expect that sooner or later, bitcoin will take over all the other currency in the world.I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
In my opinion about currencies all over the world so the answer is yes. I believe bitcoin is now the strongest currency in the world. Because there will be no other currency that has a price as like as the bitcoin.
Many people are continuing to buy bitcoins because they know that, the bitcoin is really profitable. And people have strong confidence on bitcoin and i believe it is now the strongest currency in the world.
Many people are continuing to buy bitcoins because they know that, the bitcoin is really profitable. And people have strong confidence on bitcoin and i believe it is now the strongest currency in the world.
How come a currency that shows such dramatic movements can be "strongest" currency in the world? Strong means the resistance to any externality, not the price of the currency... Smh
Btc is not a currency. Maybe an investment instrument.
Yes for now. But a few years later it may not be. A lot of coin have rising potential
Yes for now. But a few years later it may not be. A lot of coin have rising potential
Bitcoin can be used as a payment method, so it's also a currency not just an investment instrument.
At the moment probably it has the highest value but to be the strongest currency it takes much more than high value so in that part bitcoin still can't compete with fiat currencies. Bitcoin can't be used as a pillar of financial system, more as an alternative and as a paralel financial system.
At the moment bitcoin is just a parallel economy
Btc is not a currency. Maybe an investment instrument.
Yes for now. But a few years later it may not be. A lot of coin have rising potential
Yes for now. But a few years later it may not be. A lot of coin have rising potential
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?
Yes. Because bitcoin right now is attaining great attention and popularity all over the world even after being banned in China, it still managed to recover and the sudden pump was actually surprising. The users of bitcoin also right now has been increasing greatly and even the investors too so we should expect that sooner or later, bitcoin will take over all the other currency in the world.I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
although bitcoin has a high enough value but i think bitcoin isn't the world's strongest currency, because to my knowledge bitcoin is a virtual currency even though it has a function equivalent to fiat currency but illegal bitcoin legality
Bitcoin is not getting stronger but not the strongest for sure, we know that very well because we are active in the community and in the crypto world.Based on the estimate, number of users are still less than 5% of the total population and that adoption is an evidence that i's not strong enough as some people are thinking. We believe that bitcoin is here to stay and we should continue to support and promote it to be more successful.
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?
Yes. Because bitcoin right now is attaining great attention and popularity all over the world even after being banned in China, it still managed to recover and the sudden pump was actually surprising. The users of bitcoin also right now has been increasing greatly and even the investors too so we should expect that sooner or later, bitcoin will take over all the other currency in the world.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?
Yes. Because bitcoin right now is attaining great attention and popularity all over the world even after being banned in China, it still managed to recover and the sudden pump was actually surprising. The users of bitcoin also right now has been increasing greatly and even the investors too so we should expect that sooner or later, bitcoin will take over all the other currency in the world.I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
although bitcoin has a high enough value but i think bitcoin isn't the world's strongest currency, because to my knowledge bitcoin is a virtual currency even though it has a function equivalent to fiat currency but illegal bitcoin legality
Bitcoin isn't the strongest currency for reasons stated, but it is among one of the most valuable.
agree, what is called Currency definitely has got the legality of all countries, Bitcoin I think like commodities (gold, silver, and others) and Bitcoin Value is the largest in the world....
If you mean value and worth in terms of how much people are willing to pay for it in their own fiat currencies, then I think yes bitcoin is now the strongest currency. But if you factor in the amount of people, institutions, and corporations willing to accept bitcoin, then I think bitcoin does not have that huge of a reach yet. Though it is slowly gaining momentum, it is still not to a point where everyone in the globe would be willing to give you any amount for it.
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?
No. Bitcoin only one of the strongest cryptocurrency but in the real world, Gold is the strongest and having highest value. In this situation, many people trusted bitcoin as their internet currency. Because of having too many investors of bitcoin, the rate of it becomes higher and higher. But Bitcoin will never be call as strongest currency in the world.
it is no doubt about that as time progresses the price of bitcoin has been sky rocketing without any limit and it will continue
to do so until any perfect substitution is available for it which might never really happen soon usd will be replaced
to do so until any perfect substitution is available for it which might never really happen soon usd will be replaced
I don't think so even when we see that 1 BTC cost $7,200 doesn't mean you can buy everything with it, I think its the purchasing power of the currency is what makes it strong over the other currencies. Bitcoins purchasing power is slowly increasing since more and more merchants and countries are starting to accept and recognize Bitcoin.
strengthening is caused by positive sentiment from the market and is quite nominal for people in developing countries to grow the business. In my opinion, bitcoin has great potential because it does not pass through a complicated bureaucracy in every transaction delivery, everything is normal and very fast, so many new users are interested and deepen their crypto experience.
I don't think so even when we see that 1 BTC cost $7,200 doesn't mean you can buy everything with it, I think its the purchasing power of the currency is what makes it strong over the other currencies. Bitcoins purchasing power is slowly increasing since more and more merchants and countries are starting to accept and recognize Bitcoin.
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