We cannot say this to be the strongest currency in the world. In my opinion it's one amongst? the strongest currency that has got the highest price and making more people to use it. Among the entire digital currency we can say its the strongest of all digital currency. By the years when every country go digital, bitcoin might get more strength.
Even I think bitcoin can not yet be said to be one of the strongest currencies. A strong currency can stand upright and not easily manipulated. You can see bitcoin is still prone to manipulation
Topic: Is bitcoin now the strongest currency in the world? - page 88. (Read 42230 times)
The strongest maybe but not most stable. Price can go much higher but also can drop on its value from year two years ago, we don`t know what could happened. For me, gold and Switzerland frank are two top currency in the world today looking through their stability.
Bitcoin is not actually a currency because a currency is something which can be used easily everyday but that's not the thing with Bitcoin. Transaction fees of Bitcoin is very high. I think of Bitcoin as one the strongest investments of the world.
I really wish that it is the strongest currency in the world but the truth is it is still weak right now,
But if you are talking about crypto currency then it is really the strongest right now.
But if you are talking about crypto currency then it is really the strongest right now.
I would differ to call it "the strongest" but it surely IS one of the strongest currencies used as of date. Bitcoin is the only currency on which the governments have no control and can be used by anyone anywhere in the world without much hassle.
In my opinion, Bitcoin is noway near the strongest currency in the world (the United States Dollar). Compare BTC with USD. The former is legal only in a handful of nations, while the latter is exclusively used for world trade and is considered as the reserve currency by most of the national treasuries. Also, in terms of market cap, BTC is much behind the USD.
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?
Bitcoin is now the strongest digital currency, and with paper money it can not be compared, because it complements them.
In cryptocurrencies we can say that Bitcoin is the strongest currency but in terms in the real world and digital world I think gold is the strongest, it's material value is unparalleled through the years. In the meantime it is not but it can be when the world is well developed in technology and digital age.
it is ,though there are lots of alt available now,we cant really tell which can last for long unlike btc which prove it can.
Yes, time has gone when gold was driving force in economy. Now country's economy is estimated with many factors like government securities, forex reserves, and more. So it is wrong to say that gold is most powerful determinant of the economy. And yes, Bitcoin is still behind in race as its spread is hardly limited to 1-2% hardly.
I'd define the strength of a currency as the total worth of all parts of the currency in existence. (So for the dollar it would be the amount of dollars, which is its strength expressed in dollars)
I think we would then arrive at dollar being the strongest currency, the Euro following close after and then maybe the yen? Not sure about that... Anyways, Bitcoin would be far behind on that, as estimations show there are tens of trillions worth of moneys in the world and Bitcoin is only 40-50 billion of that...
And for Bitcoin to become the strongest currency, I think it would have to surpass the 10 Trillion mark, which would mean a $1,000,000 per Bitcoin price..
Anyways... I'm not a market expert and I just like to use logic to think about stuff, so if anyone would like to correct me by quoting me with some counterfacts, I would appreciate it.
Have a nice day,
-Trump
I think we would then arrive at dollar being the strongest currency, the Euro following close after and then maybe the yen? Not sure about that... Anyways, Bitcoin would be far behind on that, as estimations show there are tens of trillions worth of moneys in the world and Bitcoin is only 40-50 billion of that...
And for Bitcoin to become the strongest currency, I think it would have to surpass the 10 Trillion mark, which would mean a $1,000,000 per Bitcoin price..
Anyways... I'm not a market expert and I just like to use logic to think about stuff, so if anyone would like to correct me by quoting me with some counterfacts, I would appreciate it.
Have a nice day,
-Trump
In cryptocurrencies we can say that Bitcoin is the strongest currency but in terms in the real world and digital world I think gold is the strongest, it's material value is unparalleled through the years. In the meantime it is not but it can be when the world is well developed in technology and digital age.
it is ,though there are lots of alt available now,we cant really tell which can last for long unlike btc which prove it can.
In cryptocurrencies we can say that Bitcoin is the strongest currency but in terms in the real world and digital world I think gold is the strongest, it's material value is unparalleled through the years. In the meantime it is not but it can be when the world is well developed in technology and digital age.
I don't think we are there yet but from the past performance of the bitcoin, I can surely say that we are on the way to become one of the strongest currencies of the world. There is nothing disappointing in the current scenario as period of 8 years is not enough to become the largest valuable currency on the international level and that too which is different from traditional currencies.
At present you can say it's the strongest but if asked whether it will be in future as well is difficult to say because it's very volatile and if it crashes it will go down like anything .
How can you say that BTC is the strongest currency in world. Most of the countries still did not legalize bitcoin and also when we say strongest currency this means that trading is happening in that currency just like dollar. Although bitcoin is the strongest online but globally it's not.
At present you can say it's the strongest but if asked whether it will be in future as well is difficult to say because it's very volatile and if it crashes it will go down like anything .
We cannot say this to be the strongest currency in the world. In my opinion it's one amongst the strongest currency that has got the highest price and making more people to use it. Among the entire digital currency we can say its the strongest of all digital currency. By the years when every country go digital, bitcoin might get more strength.
Yeah we can not say that bitcoin is the strongest currency because it is very possible bitcoin rate can go down very quickly due to fluctuations. That's why bitcoin can not be said to be a strong currencyhero member
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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?
i think if we compare with fiat, then bitcoin price is the highest price and gold is the number two in investment. for me, i think for the price now, i think bitcoin is one of the strongest currency in the world, but bitcoin is only for using in internet and only a few place in local store that available for payment with bitcoin.
We cannot say this to be the strongest currency in the world. In my opinion it's one amongst the strongest currency that has got the highest price and making more people to use it. Among the entire digital currency we can say its the strongest of all digital currency. By the years when every country go digital, bitcoin might get more strength.
I think is still far away, don't just think when riding drastically then we say that bitcoin is best, I think that the global market still controlled currency such as the EURO, USD, JPY and more, and I think bitcoin not more than 3% of USD market.
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 will say that bitcoin is a stronger currency on the base that it have many benefits to the people and many people when learn about bitcoin immediately adopt bitcoin while if someone say that it is smaller then I think they will say it on the base of people involve on it then I will say that if it is much beneficial then sooner this problem will be solved and the market will be increased sooner. I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
The fact that bitcoin can grow on its own without investing or holding too much can make ua richer then vtc is really a strongest currency.
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 will say that bitcoin is a stronger currency on the base that it have many benefits to the people and many people when learn about bitcoin immediately adopt bitcoin while if someone say that it is smaller then I think they will say it on the base of people involve on it then I will say that if it is much beneficial then sooner this problem will be solved and the market will be increased sooner. I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
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