Topic: Is bitcoin now the strongest currency in the world? - page 84. (Read 42207 times)
Bitcoin does not have the backing like other centralized currencies like the USD dollar, so we can not say that its the most powerful with other countries choosing not to recognise its existence and others going to the extreme to ban it but we are on the road to make it the most powerful
I think the strongest currency is still held by USD $, but for the crypto currency I think bitcoin is at the top of the standings in the market, but for the future development bitcoin can be the strongest, because the bitcoin growth is very good and supported by the stable price in the market , I think sooner or later bitcoin will be a strong virtual currency and have a big impact for the economy in the future
Yes, most of the international transaction takes place in USD even at this moment and bitcoin is not a buzzing currency for the businesses yet. There are multiple reasons behind it and I think the main reason is volatility in the price and growth in the transaction fees. If we could somehow control these two aspects then many businesses would definitely use bitcoin for their financial needs which indirectly boost the global economy.
The fact shall remain that this is not even a currency that can compete to a legal currency like USD, it's just a payment system which will help us bridge for faster transaction, take a look more on the estimated number of users than the price, it's volatile so it's not strong enough.
Well said, at this moment bitcoin is mere a payment system which provides us better features in low cost as compared to that of with the traditional currencies. Since it is still in beta stage, there are speculators who are trying to make profits out of it (and I don't think there is anything wrong in it), but if we can find a stable price for the long term then businesses would give a try to it but I don't think bitcoin will remain stable over next few years because many people are willing to enter in bitcoin and it will keep growing the user base and thus price too.
In the virtual world I guess it is, it has along way to go to be the strongest in the real world.
yes you are right bitcoin is the strongest currency of all the cryptocurrencies and no one other cryptocurrency can beat bitcoin and it is the most established currency of the digital and virtual world but in the real currency it is not the strongest currency because it is not known by all the people still it needs a lot of popularity. 
Bitcoin isn't the strongest currency for reasons stated, but it is among one of the most valuable.
Yes I think bitcoin is the strongest currency when it comes to virtual currency. But if we are talking about the real currency then its not. Bitcoin was still under the real currency and its usage was still limited. 
In the virtual world I guess it is, it has along way to go to be the strongest in the real world.
I disagree. What do you mean by "in the real world"? Are US Dollars not from the real world? And if they are why do they give $2,700+ for 1 bitcoin then if bitcoin is only from the"the virtual world"? I think everything which is traded for the USD has the real value and hence it's real.
In my own opinion go and study more about bitcoin. My Answer to your subject is Yes because there are ATM and you can pay bills right? and you dont need to have a cellular plan(opinion) because you can buy a load Via Coins.ph (My wallet that I been using). Also try waves wallet I just download it days ago its nice go ahead and try to study waves wallet I would like to tell you the thing I had heard from a friend about waves wallet that its currency is small that you can earn high base on what my friend told me (please do try to correct me if Iam wrong about waves wallet). But if no one corrected me than its 100% sure waves wallet is also good.
If people are saying bitcoin is small just tell them try it but if they dont want too its allright. If they do have there time and you also have time to teach them that bitcoin is also not too small . It doesn't matter if they claimed that bitcoin is small there are other people(users) know what bitcoin can do in other country's and if you want to prove them wrong show them and let them know how bitcoin helping you.
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?
If people are saying bitcoin is small just tell them try it but if they dont want too its allright. If they do have there time and you also have time to teach them that bitcoin is also not too small . It doesn't matter if they claimed that bitcoin is small there are other people(users) know what bitcoin can do in other country's and if you want to prove them wrong show them and let them know how bitcoin helping you.
In the virtual world I guess it is, it has along way to go to be the strongest in the real world.
Yes a long way to go before it becomes the strongest currency in the world because there is a lot of things to do by bitcoin in order to get the trust of all the people in the world or if not all the people maybe the majority of the people in the world. Bitcoin will become strongest if all its plan will become true and if its have stable market.
In the virtual world I guess it is, it has along way to go to be the strongest in the real world.
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 has very good technology, so in that way bitcoin is better but bitcoin is in no way the strongest currency, this is one of those cases where size does matter and it matters a lot, but don’t worry bitcoin does not need to become the strongest currency it just need to keep on existing to prove its success. I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
For now bitcoin is not the strongest currency in world because of its market capitalisation at the present value as compared to other currency in the world. But in time to come bitcoin will surely become difficult to earn and equally become the most strongest currency in world.
Nope, it wouldn't take a whole lot to get the numbers to start going down (compared to other currencies).
Depends on the kind of currencies. It's a known fact that in some unstable countries their currencies go almost to nothing in a matter of weeks. But of course currencies like EUR, GBP, USD, CHF are very strong and they will never become nothing in a short period of time. But on the other hand can bitcoin go to zero in a matter of say weeks? I don't think so. So maybe bitcoin is not the strongest currency in the world but it is definitely among the strongest.
Bitcoin is not the strongest currency in the world because it needs a lot more money on its market capitalization to say that it is the strongest currency because there is still a lot of currencies that are standing out aside from bitcoin so it is clear that bitcoin is not the best or strongest and it is still need to prove itself.
Yes, in my personal opinion, it's not the strongest in the real world but it's the strongest in the virtual world because its capitalization capital is the highest, it is a currency received much attention and most popular in the virtual world. I'm not sure in the future the bitcoin is still the strongest or not but now I can be sure it is the strongest virtual currency. In the real world, the strongest currency is still dollars, bitcoin does not have the capacity to compare with it now or later also will remain so
Bitcoin is not the strongest currency in the world because it needs a lot more money on its market capitalization to say that it is the strongest currency because there is still a lot of currencies that are standing out aside from bitcoin so it is clear that bitcoin is not the best or strongest and it is still need to prove itself.
Would not say bitcoin is the strongest of all kind of currency. Would make more sense if we say it is the strongest of all crypto currency. The value of bitcoin is currently extremely volatile as we saw in past few weeks. A currency needs to be more stable in its value for it to be strong and compete with other currency.
Yeah I think bitcoin can not be said strong currency when bitcoin price is still fluctuative or very easy to change only with a policy one of the user (manipulation) current bitcoin price is very fluctuate and could it be manipulation?So this thread / question was created last 2013. And for sure op's friends are now into bitcoin. No doubt that bitcoin is now the strongest currency not just in the real world but also include the crypto world. Bitcoin has been mere topics by business articles and investments.
Bitcoin is not the worlds strongest Currency because Bitcoin is not an official Currency labeled from the IMF. If Bitcoin was labeled as a Currency by the IMF then the price of Bitcoin would be much more higher than it is right now. Bitcoin is indeed the most recommended Crypto Currency in world though.
Hmm i don't think so - still has many currency to exceed tho'
also btc is not yet accepted as mode of payment
Even though there is a lot of currency to be pass on by bitcoin, it is still one of the strongest currency in the world because if you will look at its market capitalization then you can really see that i am not telling lies because that is the proof. Bitcoin is getting accepted by the countries and soon it will become a very common even for bitcoin after a few months of good progress. also btc is not yet accepted as mode of payment
Hmm i don't think so - still has many currency to exceed tho'
also btc is not yet accepted as mode of payment
also btc is not yet accepted as mode of payment
So this thread / question was created last 2013. And for sure op's friends are now into bitcoin. No doubt that bitcoin is now the strongest currency not just in the real world but also include the crypto world. Bitcoin has been mere topics by business articles and investments.
Bitcoin is not the worlds strongest Currency because Bitcoin is not an official Currency labeled from the IMF. If Bitcoin was labeled as a Currency by the IMF then the price of Bitcoin would be much more higher than it is right now. Bitcoin is indeed the most recommended Crypto Currency in world though.
The value is not the only thing which make sense for a currency to be a stronger currency. But there are a lot of other features which are attracting people towards itself and these people then do not leave off from bitcoin so I think it is a thing which make the sense that bitcoin is a stronger currency of the world.
I don't know what the hell you are saying. You think because of some features of bitcoins, it makes it the strongest global currency? Care to explain what features and how an extremely volatile and unstable currency with no guaranteed future is the strongest global currency? 
Would not say bitcoin is the strongest of all kind of currency. Would make more sense if we say it is the strongest of all crypto currency. The value of bitcoin is currently extremely volatile as we saw in past few weeks. A currency needs to be more stable in its value for it to be strong and compete with other currency.
It would be very rude to say bitcoin is the best currency in the world and forget about dollars, gbp, etc. Because the fact is that bitcoin is still far from the strongest word yet. Yeah I would agree that bitcoin is the strongest cryptocurrency, you can see the bitcoin gap is very high compared to other cryptocurrencyJump to: