Is bitcoin now the strongest currency in the world? - page 78.

bitsmichel

sr. member

Activity: 518

Merit: 250

Quote from: Armstand on July 11, 2017, 09:53:37 PM

Quote from: sofi@ on July 11, 2017, 07:56:15 PM

Strongest crypto-currency maybe but strongest currency I think not yet but base on the performance of bitcoin today it has been growing fast and being known to more people in later time when bitcoin became more popular I guess I will not be surprise if it will be consider the strongest currency in the future.

When time comes that bitcoin in each country have more facilities and can be used instantly ,it can be considered the strogest currency but not yet this time. So for the mean time we just need to earn it and save some so if ever time comes we already have that so called storongest currency at hand.

Bitcoin can be treated as the strongest digital currency but it has not yet taken over the world and still it needs lot of improvements and acceptance from the society and when majority of the world will start using it at that time it can be called as an most powerful currency but still long way to go.

Armstand

hero member

Activity: 626

Merit: 500

Quote from: sofi@ on July 11, 2017, 07:56:15 PM

Strongest crypto-currency maybe but strongest currency I think not yet but base on the performance of bitcoin today it has been growing fast and being known to more people in later time when bitcoin became more popular I guess I will not be surprise if it will be consider the strongest currency in the future.

When time comes that bitcoin in each country have more facilities and can be used instantly ,it can be considered the strogest currency but not yet this time. So for the mean time we just need to earn it and save some so if ever time comes we already have that so called storongest currency at hand.

sofi@

full member

Activity: 238

Merit: 108

Strongest crypto-currency maybe but strongest currency I think not yet but base on the performance of bitcoin today it has been growing fast and being known to more people in later time when bitcoin became more popular I guess I will not be surprise if it will be consider the strongest currency in the future.

Yudai

full member

Activity: 212

Merit: 100

Gric Coin - Redefining Agriculture and Increasing

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?

Nope. However with regards to you your topic question, bitcoin is currently not the strongest currency in the world since USD still in first place. Probably in future bitcoin could be the strongest currency in the world.

jettaheader

newbie

Activity: 21

Merit: 0

Not even near, it needs time. Indeed it's a revolutionary phenomenon among currencies, but not the strongest at this moment.

giveen

hero member

Activity: 826

Merit: 1004

Bitcoin can't be fully defined as a current at all it is a asset or a investment platform. It really has a value but when we use currency when don't have to pay any additional fees at the time of making the payment. Tax is there but it isn't as high as current bitcoin fees. A currency is accepted mostly everywhere but bitcoin has reached to that level. The topic is should have been bitcoin is one of the best asset in the world.

BCTalkaccountforsale

full member

Activity: 308

Merit: 101

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 can become the strongest currency in the future, and we need to invest more to develop it. Bitcoins will be known and widely used and will be more popular than other currencies.

Kisanaq

sr. member

Activity: 700

Merit: 277

Quote from: Franky00 on July 11, 2017, 06:09:51 AM

Bitcoin is now the strongest crypto currency in the world and I think it will always be the strongest in the world of crypto currency, because it is also an investment opportunity.

Yes right, currently bitcoin is the strongest cryptocurrency, this is because bitcoin users are the biggest and everyone will refer bitcoin as the main choice. But I believe someday there will be coins that beat bitcoin.

Franky00

full member

Activity: 364

Merit: 105

Bitcoin is now the strongest crypto currency in the world and I think it will always be the strongest in the world of crypto currency, because it is also an investment opportunity.

ipanks

hero member

Activity: 1610

Merit: 507

i think until now bitcoin is not the strongest currency in the world because not the most people in the world is using bitcoin and they still use fiat for daily. comparing with total population in the world, the user of bitcoin is less than all people so we need to spread news about bitcoin into many place beside that bitcoin is not yet approve in many country and only few country approve bitcoin. once many people using bitcoin for transaction and with the price is increase, i think that is the time for bitcoin to be the strongest currency in the world.

WoodySpoon

newbie

Activity: 58

Merit: 0

How can this question even be asked when the bitcoin market cap is 38.42B and the companies in the US alone range close to 39 trillion, you simply can't compare the two, you can transact in USD globally while you can hardly buy a pizza with bitcoin.

Not to mention the fact BTC has no automatic stabilizers inbuilt to handle inflation.

I agree it's a great investment, but if you think BTC will be the next USD you may be disappointed.

Just my opinion.

Zooplus

legendary

Activity: 1106

Merit: 1000

Quote from: livinglightning on July 10, 2017, 10:04:18 PM

I think it is not the most powerful currency in the world right now. But in the future it may become the strongest currency. Bitcoin can beat the US dollar and other currencies, even dominating the stock market

What is your basis, fiat is the most powerful because it's back by the government while bitcoin is not fully back by the government.
Also, they have different definition as currency, fiat is the legal one.

livinglightning

full member

Activity: 128

Merit: 100

I think it is not the most powerful currency in the world right now. But in the future it may become the strongest currency. Bitcoin can beat the US dollar and other currencies, even dominating the stock market

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: Finestream on July 03, 2017, 06:17:02 AM

Quote from: Potato Chips on July 03, 2017, 06:03:28 AM

Quote from: BAGOBO on July 03, 2017, 05:13:34 AM

As by value , bitcoin still the strongest currency but on second position, ETH really attempt to take bitcoin existency by seeing their transaction traffic recently.
It's quite shock because ETH able to beat LTC's second position

Uhhhh. kindly read the thread. we're not talking about cryptocurrencies here, were talking about every currency and that includes our paper money and the cryptocurrencies as

well. sad to say bitcoin is not even close to strongest as of now, but it do have a great potential. imo bitcoin doesn't need to be the strongest what it needs right now is a massive

adoption. let's see what will happen in the next few years.

I don't even consider bitcoin as a currency if to be compared with the legal currency but in crypto world surely this is the strongest since it has the biggest marketcap as of the moment and it's very positive it will remain on top for at least a century, but we do not know what will happen so let's invest at our own risk. Talking about paper money or digital money which is under the regulation of the government, I think bitcoin cannot compete with it because it is purely just a fuel to make a transaction using fiat and without fiat bitcoin is useless.

But why do you think bitcoin cannot be compared to fiat? Even if you think the comparison is not going to favor bitcoin, we can make the comparison since bitcoin is a currency, a currency with some troubles but at the end it has all the characteristics of a currency.

fasdorcas

hero member

Activity: 798

Merit: 527

Quote from: naidray on July 08, 2017, 07:38:32 AM

Quote from: leyton11 on July 01, 2017, 10:13:44 PM

Quote from: Sled on July 01, 2017, 08:58:49 PM

Quote from: CraigWrightBTC on July 01, 2017, 07:02:28 PM

Quote from: ?? on ??

Bitcoin needs time, and no, it's not the strongest currency over the world.

Yes bitcoins needs time to be currency and right now bitcoins started growing strong to be currency on the world
many countries started acceped bitcoins for payment daily transaction,
we could saw many corporations started adopt bitcoins on their business and it is just about time to bitcoins be currency
even still there are bugs on bitcoins, it starts going strong.

Yes, that is right. Bitcoin is just "starting" and not already the strongest because if bitcoin is the strongest currency in the world, we can see that all of the possible companies and countries are already adopted bitcoin but now it is just starting to get adopted and a lot of attention now are going into bitcoin and they are all interested in bitcoin to get adopted in their countries.

In my opinion, the reason Bitcoin want become to a value can replace old system payment and become to best choice when make payment online for all people on the world's. Bitcoin not want become to currency and control by government!

Any currency whether it be a fiat currency or cyrpto currency, it is something to be used by people for their day to day lives. The stability of the economy of a country depends on its stable currency. Bitcoin transactions are anonymous and they cannot be easily traced therefore it cannot be controlled by any organization but this must be a biggest feature which supports bitcoin to stay as a stronger currency but within limited community.

I am in total agreement with you. Bitcoins are just like fiat currency, doing the same job in a better way. It is one of the strongest currencies the world is dealing in and soon it will beat all other competitors in the market. It would not be wrong to assume bitcoin as the future leading currency.

TonixGaming_14

full member

Activity: 329

Merit: 100

AGATE

Quote from: Ewox on July 08, 2017, 09:18:11 AM

Quote from: X-ray on July 08, 2017, 08:12:16 AM

Quote from: ?? on ??

No, the US Dollar is still the strongest currency in the world! And there are a lot of other national currencies stronger than bitcoin.

The price of crypto still pegged with the fiat currency, Those traders try to cashout using the fiat currency that means the fiat domination can't be removed from the crypto. The dollar as the strongest currency already determined by the US domination to the world of economic

I agree and yes, the US Dollar is still the strongest currency in the world. In fact if ever bitcoin will be considered as a centralized currency it still won't be the strongest because there are still other currencies in the world next to the US Dollar.

I agree, the US Dollar is still the strongest currency in the world. If the currency make change the centralized currency in the world we cannot say that because US Dollar nowadays is still increasing but we cannot say US dollar will abolish if the Bitcoin currency is become next currency in the future

NavySeals

sr. member

Activity: 371

Merit: 250

Quote from: Jewell on July 10, 2017, 01:30:37 PM

Quote from: Tyrantt on July 09, 2017, 10:18:28 AM

How the times have changed. Bitcoin, if it's not right now, will be possibly the next strongest currency in the world and imo I'm prety positive that it will with just a few tweaks here and there.

although bitcoin is a strong crypto currency, there is not doubt about, but if we compare bitcoin to USD then we can see that nuses of USD are more than bitcoin USD is currently the strongest currency of the world. but in future we can expect that bitcoin will become the world number one currency but it will take more time may be decades when the users of bitcoin will increase more.

Well, if we only talk about cryptocurrencies, bitcoin is certainly the strongest currency. But if we compare bitcoin against USD, EUR or other local currencies, paper money, bitcoin is nothing.

lady Royal

hero member

Activity: 720

Merit: 500

Quote from: Jewell on July 10, 2017, 01:30:37 PM

Quote from: Tyrantt on July 09, 2017, 10:18:28 AM

How the times have changed. Bitcoin, if it's not right now, will be possibly the next strongest currency in the world and imo I'm prety positive that it will with just a few tweaks here and there.

although bitcoin is a strong crypto currency, there is not doubt about, but if we compare bitcoin to USD then we can see that nuses of USD are more than bitcoin USD is currently the strongest currency of the world. but in future we can expect that bitcoin will become the world number one currency but it will take more time may be decades when the users of bitcoin will increase more.

It is not the strongest currency and I don't know why we are still debating here.
Simple is that USD is more valuable in the world, Everyone knows about it and everyone is willing to use it.
Bitcoin is still on its first stages, Still it has to achieve many things.

Jewell

hero member

Activity: 490

Merit: 500

Quote from: Tyrantt on July 09, 2017, 10:18:28 AM

How the times have changed. Bitcoin, if it's not right now, will be possibly the next strongest currency in the world and imo I'm prety positive that it will with just a few tweaks here and there.

although bitcoin is a strong crypto currency, there is not doubt about, but if we compare bitcoin to USD then we can see that nuses of USD are more than bitcoin USD is currently the strongest currency of the world. but in future we can expect that bitcoin will become the world number one currency but it will take more time may be decades when the users of bitcoin will increase more.

BarbieCasino

sr. member

Activity: 612

Merit: 250

Quote from: X-ray on July 08, 2017, 08:12:16 AM

Quote from: ?? on ??

No, the US Dollar is still the strongest currency in the world! And there are a lot of other national currencies stronger than bitcoin.

The price of crypto still pegged with the fiat currency, Those traders try to cashout using the fiat currency that means the fiat domination can't be removed from the crypto. The dollar as the strongest currency already determined by the US domination to the world of economic

there is a grave difference between crypto and local currencies. Local currency is just money, you can only purchase stuff with it while crypto is not just money it’s a resource that provides many facilities. One bit coin is worth 2500 US dollars that in a manner of speaking makes crypto more stronger than local currencies along with all the facilities it provides.

Topic: Is bitcoin now the strongest currency in the world? - page 78. (Read 42230 times)