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Topic: Is bitcoin now the strongest currency in the world? - page 6. (Read 42230 times)

newbie
Activity: 308
Merit: 0
Bitcoin has a huge potential, in the future it can become the strongest currency. Cool
jr. member
Activity: 150
Merit: 2
The strength of a currency does not depend on its nominal value, but on its diffusion and its solidity. At the moment, bitcoin is still too unstable to be used as a reference currency. But maybe, in the future, ...
full member
Activity: 566
Merit: 102
Bitcoin is strong and expencive currency, actually the most expencive nowadays but the problem is trust and volatile price. People don't like changes Roll Eyes
Bitcoin volatility is not bad as it provides us the opportunity to buy at low price and when we buy a lot of Bitcoins at low price will consume our less investment if you are an investor. You will get huge profit when its price jumps; sell that time for huge profit. What if gold in stable that gives you less profit and what if Bitcoin is not stable that gives you huge profit. Do not you like huge profit?
sr. member
Activity: 994
Merit: 252
Not now, but it can be in future. Bitcoin users have been growing rapidly.
Why not now infect Yes, bitcoin now is the strongest currency because the popularity of bitcoin is increasing very fast bitcoin in market is getting great value now, bitcoin is the super investment now and it is the best source of income for people, which is attracting a lot of people to invest in bitcoin, bitcoin is the faithful currency which never get you lose.  Bitcoin is very reliable to use and it is increasing very high even more so for me bitcoin is for sure is the strongest currency.
newbie
Activity: 182
Merit: 0
Bitcoin isn't the most grounded money on the planet. Bitcoin is the most costly cash on the planet. It's very extraordinary ideas. A solid money has a steady cost and is upheld by a steady economy of the state which it has a place. Bitcoin is very another. While it is nearer to the stock than to the cash.


I think Bitcoin has a future to be the strongest currency in the world but has not achieved this. It needs to be more available and easier to trade in order for goods and services to be strong.
I believe in bitcoin and think it's very cheep right now. But bitcoin is not the strongest currency ATM because it is brand new and has great fluctuations. Many people have no confidence in bitcoin and this can lead to panic sales.
full member
Activity: 322
Merit: 100
I think we can not say that bitcoin is the strongest currency because until now there is no official state legalize bitcoin, other than that the influence of traditional currency is still too strong compared to bitcoin.
sr. member
Activity: 1190
Merit: 250
Can be said that bitcoin is the strongest currency today, with the price of 1 btc = $ 7500 then this is the highest value, let alone much information saying that bitcoin prices will continue to rise as users continue to grow.
full member
Activity: 239
Merit: 101
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?
Nobody gave Bitcoin the chance to become as phenomenal as it is today. During its nascent days, there were doomsday warnings of how the cryptocurrency is going to crash. Fast forward to the present, and Bitcoins fortune has changed. It is the hottest topic in the financial world and with Blockchain disrupting the industry.
FUTURE CHANGES IN REGULATION

It is unlikely that bitcoin becomes widely accepted as a currency any time soon. Its decentralized nature makes it difficult to regulate, taking away the central banks’ authority. In Satoshi Nakamoto’s 2008 paper that created blockchain and subsequently bitcoin, this was the main advantage of cryptocurrency, but they won’t relinquish their control over money supply. There are lots of arguments for either side of legalizing bitcoin, but we cannot tell what will happen in the future, merely wait and watch as the events unfold.

To the east, Asia and countries in Oceania also have some form of regulation regarding bitcoin and other cryptocurrencies, again, just to prevent financial crimes. Bitcoin regulation has always been contentious in Russia, but the country’s central bank has finally put in place regulations that consider the cryptocurrency as an asset.
sr. member
Activity: 1078
Merit: 254
According to researchers, as of December 2017 bitcoin is now the 6th largest currency in the world outranking the pound, the ruble and the won.The value of bitcoin is undetermined but it is estimated to be $10,765 each. but I think it has the capacity to grow more and be a stronger currency. I don't think that we are able to remove real life money since bitcoin is very techy which can be hacked if it is continued to be learned.
hero member
Activity: 896
Merit: 500
In my opinion, bitcoin is not the strongest currency in the world. Bitcoin is only strong in the digital money market, it is not considered the official currency in the world. Only large companies, corporations and economically strong countries accept bitcoin payments.
member
Activity: 599
Merit: 10
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 think currently Bitcoin cannot be the strongest currency in the world. Since there are not yet many countries that legalize Bitcoin, so Bitcoin users are still very limited using it. If Bitcoin has been legalized across the country, I'm sure Bitcoin could be the strongest currency in the World.
I'm sure that on the way to implementing Bitcoin around the world we will face Oh my problems. Of course, a very good indicator that many countries still begin to implement the legalization of the crypto currency, and also very well influenced all this Summit of the Big Twenty.
newbie
Activity: 152
Merit: 0
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 think currently Bitcoin cannot be the strongest currency in the world. Since there are not yet many countries that legalize Bitcoin, so Bitcoin users are still very limited using it. If Bitcoin has been legalized across the country, I'm sure Bitcoin could be the strongest currency in the World.
newbie
Activity: 38
Merit: 0
Not now, but it can be in future. Bitcoin users have been growing rapidly.
jr. member
Activity: 406
Merit: 1
No, bitcoin isn't the strongest currency in the world but i think bitcoin have future
newbie
Activity: 126
Merit: 0
Only BTC is recognized by many countries in the world, and it is likely to be the strongest digital cryptographic currency in the world!

The BTC does not depend on any country's credit, the miners on the network to help you remember, your money will not devalue!

This is the power of BTC!
newbie
Activity: 8
Merit: 0
As a currency bitcoin is definitely not the strongest in the world. Currencies should be rated based on how many people are actually using it as a currency and not as an investment vehicle. I'd say the strongest currency in the world is USD due to its high trading volume and liquidity
hero member
Activity: 770
Merit: 505
No, because it still need general trust and acceptance; when the well known problems will be solved, probably it will become the strongest currency.

Trust and acceptance are given already to bitcoin from the people all over around the world, what really needs to have to bitcoin to be the strongest currency, bitcoin gathered the most expensive amount of currency in exchange, so we are not into price anymore but what really bitcoin need? the absence of internet connection, without this bitcoin, is nothing and will be zero value! bitcoin need to have the support of internet because of this bitcoin will never be the number currency worldwide.
sr. member
Activity: 431
Merit: 250
I do not think bitcoin has not been officially accepted by the state so until now it is still a digital asset, we agree if bitcoin is the strongest currency if marketcap is equal to dollar which is the strongest currency at the moment.
member
Activity: 106
Merit: 10
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?
it is a fact that bitcoin is one of the strongest currency currency in the world, we all know sometimes in this society that bicoin is falling down and it is very fast also to increase or up, but then we must accept the fact that bitcoin is one of the most strongest currency in the world.
full member
Activity: 812
Merit: 108
Bitcoin is crypto currency which is totally decentralize in nature that means it is not strongest currency but it is one the secure asset in the world.
We can only when say bitcoin strong when it has impact on world economy but right now it does not have such impact on economy only few countries legalize it for exchange for goods but rest of world is still thinking about it.
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