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Topic: Is bitcoin now the strongest currency in the world? - page 48. (Read 42207 times)

sr. member
Activity: 743
Merit: 250
Bitcoin nowadays is the strongest crypto currency in the world, this is for sure. But I am not sure if it is actually stronger than fiat currencies, because the people keep using fiat currencies a lot more than Bitcoin especially offline.
full member
Activity: 350
Merit: 100
The bitcoin is not the strongest currency in the world, but its rising and successes can not be ignored. It have a really interesting price curve for a currency and we can say that it became a good investment way according to price charts, and the number of bitcoin investors is rising day by day. I think it have a bright future.
hero member
Activity: 896
Merit: 500
Currently it can be said bitcoin is the strongest currency, although bitcoin market share is still far below currency, but user and price growth make bitcoin become the strongest currency.
hero member
Activity: 552
Merit: 500
Bitcoin is not so strong, we can say, it is just the beginning. Even marketcap is not much more that's why many country don't have any rule for it's regulation. It's price value is always volatile in nature. We cannot compare it with any country's currency since they are stable, but bitcoin may not be.
No, I think the Bitcoin price controlled by the whale, it can not pumped a lot of value to $6,000 without whale use their money to pump it first. Then, after the whale pumped the Bitcoin price, the traders heard some rumors about receive Bitcoin Gold and Bitcoin SegWit2x make many traders FOMO to buy Bitcoin.
full member
Activity: 224
Merit: 100
Currently it cant be and that is because it is too volitale yet. When this calms down and bitcoin is more stable say around 25k a coin then I think bitcoin will be one of if not the strongest currency around on this planet!
hero member
Activity: 700
Merit: 500
Bitcoin is not so strong, we can say, it is just the beginning. Even marketcap is not much more that's why many country don't have any rule for it's regulation. It's price value is always volatile in nature. We cannot compare it with any country's currency since they are stable, but bitcoin may not be.
In fact the investors can make bitcoin more stronger, but in current time we can see that bitcoin is still not so much popular and the users of bitcoin are still not in number therefor i do not think that bitcoin can be called as the most strongest currency of the word. i think it will take a good time to become the most strongest currency of the world when its users will increase more and more.
sr. member
Activity: 742
Merit: 251
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 not in the stage yet to become the strongest currency in the whole world. We knew it all where Dollar was still the strongest currency in the whole world.
Why are you saying like this because if you are the bitcoin user. The bitcoin value and the importance will give the beautiful future. I use the bitcoin and the value of the bitcoin will be more than this. I love the bitcoin and the properties are now getting expensive so does invest in it and dream for the future of the person who is the real bitcoin trusting people.
legendary
Activity: 2044
Merit: 1115
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Sadly, bitcoin is not the strongest currency at present for various reasons.
Bitcoin is too volatile. The fluctuations in the prices doesn't make it a reliable currency in the marketcap to depend on.
It is decntralised. It is an advantage as well as a disadvantage. With its increasing marketcap there is no centralised source to enforce responsibilty.
Bitcoin is a premature economy with a lot of potential and with one of the strongest development teams, it still has a lot of potential to grow. To be one of the mainstream currencies a lot of work has to be stil done.

Right, an increasing price doesn't necessarily make it a "strong" currency. Volatility makes it impossible to store wealth or transact business in a reliable manner because you don't know what the value of the currency is going to be from day to day, let alone for long periods of time. Both of those are important attributes to a currency, and missing either of them wrecks any argument that bitcoin is a strong currency, and bitcoin lacks both. Further, the fact that no one uses bitcoin as a currency is a major factor to consider. It's a fine commodity and speculative asset, but it's a horrible currency.
newbie
Activity: 28
Merit: 0
Bitcoin is not so strong, we can say, it is just the beginning. Even marketcap is not much more that's why many country don't have any rule for it's regulation. It's price value is always volatile in nature. We cannot compare it with any country's currency since they are stable, but bitcoin may not be.
full member
Activity: 434
Merit: 101
Yes we can say that now bitcoin is the strongest currency of the world and it will stable its position for long period of time and that is very difficult for me to forecast for the next thirty to forty years then it will clear to all. For each and everything the time come when some other competition arise which fall the position of the previous one and changed the position of that still I mean that the other coins are also chasing bitcoin.

member
Activity: 672
Merit: 10
Currently the bitcoin price is around $ 5500 and it can be said is the most expensive price, I hope bitcoin prices continue to rise so continue to get profit, and the state does not limit the bitcoin.
hero member
Activity: 966
Merit: 501
Sadly, bitcoin is not the strongest currency at present for various reasons.
Bitcoin is too volatile. The fluctuations in the prices doesn't make it a reliable currency in the marketcap to depend on.
It is decntralised. It is an advantage as well as a disadvantage. With its increasing marketcap there is no centralised source to enforce responsibilty.
Bitcoin is a premature economy with a lot of potential and with one of the strongest development teams, it still has a lot of potential to grow. To be one of the mainstream currencies a lot of work has to be stil done.
hero member
Activity: 602
Merit: 500
To us bitcoin is strong currency now. But not in the world only online world. it is not recognise to all the people of the world.
For all those who know well about bitcoin, it is indeed the strongest currency and the most profitable currency of the world. For the ones who don’t know about bitcoin yet, it is nothing.

In the coming days, when more people will be knowing about bitcoin there are likely chances of this thing that bitcoin will become the strongest currency of the world. It is having lot of potential to lead the world.
Not now but yes bitcoin is really becoming a strong currency in the world.It is getting popular day by day and its demand is also increasing.Transactions are also being made through bitcoin.People are also investing in bitcoin as they get full profit.Except dollar,only bitcoin is the currency which is now getting accepted worldwide for transactions.Trading bitcoin is also getting popular.Payments from signature campaigns are also in bitcoins rather than cash or fiat money.If you have a lot of bitcoins,you can save some of them for future purposes too.
hero member
Activity: 1022
Merit: 500
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 not in the stage yet to become the strongest currency in the whole world. We knew it all where Dollar was still the strongest currency in the whole world.
legendary
Activity: 1204
Merit: 1028
To us bitcoin is strong currency now. But not in the world only online world. it is not recognise to all the people of the world.
For all those who know well about bitcoin, it is indeed the strongest currency and the most profitable currency of the world. For the ones who don’t know about bitcoin yet, it is nothing.

In the coming days, when more people will be knowing about bitcoin there are likely chances of this thing that bitcoin will become the strongest currency of the world. It is having lot of potential to lead the world.
hero member
Activity: 854
Merit: 501
To us bitcoin is strong currency now. But not in the world only online world. it is not recognise to all the people of the world.
You are absolutely right. All the users of bitcoin have known how biotin have changed their lives and now they are becoming independent and earning handsome amounts. But offline world is not happy with bitcoin, because they even don’t know about it. So yes for us, bitcoin is the most amazing currency but it must be famous all around the world, if it competes for being best.
full member
Activity: 183
Merit: 100
Strongest? not yet, but Bitcoin is on it's way to be one in coming years.

Still needs to be legalized in many countries, once it's done and everybody is used to it, then we can say it's the strongest.
full member
Activity: 238
Merit: 100
Not yet, but I know that we are getting close where can claim that btc is the strongest currency. I can feel that we just need to take a few more steps before everyone around the world will use btc instead of usd. It may not be a quick transition but I know we will get there.
member
Activity: 121
Merit: 10
No, dont think that bitcoin is the number one here. Bitcoin is just the one who start the cryptocurrency world and it does not mean that bitcoin is the strongest currency. There are many competitors which are stronger than bitcoin such as ethereum, zcash, Lumens, etc. They have a lot of chance to replace the tradition currency system. They are all good and they have the unique ability to change the world
hero member
Activity: 700
Merit: 500
Right now ? Naah , the marketcap is to low but give it another couple of years and then we can really talk about bitcoin supremacy as a currency but untill then it's far far away in my opinion. It is the most popular in the moment of speaking but it cannot be the strongest yet , the tech is still on early stages.
But i do not think that we can even cross the limit in next on year. I think it can only be possible when the majority of people start using bitcoin, and i think still not more than 2% people have knowledge about bitcoin. To me although bitcoin has the potential to become as the strongest currency of the world, i am sure that it will take decades and may not be so early.
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