Topic: Whats the ranking of bitcoin in terms of currency - page 4. (Read 1353 times)
Bitcoin as the most powerful transaction tool that is not tied to any party rules or rules of a country and can be done between the continent and the country is what allows bitcoin into the virtual currency that has the highest asset value because with all sorts of ease so many investors who want to invest in bitcoin. and I'm sure bitcoin will have a very good potential level in the future.
Being the top crypto, bitcoin does emerges among others, since it is the pioneer in cryptocurrencies. In terms of price, demand and market shares in trading platforms. Not to mention the wide range of services that uses bitcoin and the growing number of establishments that accepts bitcoin payment, Though some new cryptos popping out nowadays, bitcoin is still the well used crypto in online world.
Jameson Lopp, chief developer of BitGo, a blockchain security company, recently calculated that bitcoin is the 32nd most valuable currency in global currency circulation. He created the M1 index, which combines the money supply, and calculated that bitcoins were ranked ahead of Singapore and South Africa, followed by Finland and the united Arab emirates.
The index contains all the metrics in the form of national currency, including notes and COINS and checking accounts, Lopp calculated COINS in the rankings can reach a high level.
The index contains all the metrics in the form of national currency, including notes and COINS and checking accounts, Lopp calculated COINS in the rankings can reach a high level.
Is it like #1 since it costs like ~$4000 for 1
Of course # 1, the value is so great has made many people in the world hypnotized and race to get as much as possible. With such great value has raised popularity of bitcoin wilder and shot up to reach 500% in December 2017 (best record) . For 2018 I predict the bitcoin price will repeat its second best achievement even its value will probably exceed $ 20,000 but will not be up to $ 30,000 as bitcoin growth is slightly hampered by the emergence of new coins that will enliven the crypto world in 2018.
The ranking of bitcoin is to be consider under what factors.is it to be considered under market capitalization or in terms of its existence among the cryptocurrencies.To rank bitcoin in terms of currencies, we might want to consider it under a digital currency, and it is actually globally accepted. when viewed under the Cryto Currency, Bitcoin is the first of all the Crypto Currency,that even though not globally accepted,it is use globally for online transactions, tradings and others uses.This will rank Bitcoin first among the Crpto Currency. Next to it is the Ethereum which is close to bitcoin and like bitcoin many are also investing in Ethereum. There are other currencies outside crypto Currecy, like the pounds and dollars that are higher in ranking to bitcoin.
We can all see bitcoin prices in the stock market are very high and still will continue to increase over time. What I expect is the bitcoin requirement to be accepted and applied by all countries. But by looking at the current situation it is starting to slowly move, which I hope the future bitcoin will continue to increase.
I would rank a currency by [ trading volume x price ]. I think this will be more accurate to its actual usage.
The question put by the OP is so stupid that one have to answer just to state how stupid it is. There is no ranking of currencies, and it there were one it would be calculated either by user adotpion or by capitalization versus concurrent currencies, even though it's not clear in which currency you'd calculate the capitalization. Gold? In any case, Bitcoin would rank very low in the list.
I didn't knew that there are even any other cryptoz than bitcoins LOL
If it is interms of crypto currency or digital currency, yes it is in the top spot amd untill no one can bit it.
The price of bitcoin is very high and it is still increasing and increasing as the time goes by. And i think the only thing bitcoin need is the acceptance of all countries. But rightnow this acceptance is slowly moving, so i hope in the future it will gonna happen.
The price of bitcoin is very high and it is still increasing and increasing as the time goes by. And i think the only thing bitcoin need is the acceptance of all countries. But rightnow this acceptance is slowly moving, so i hope in the future it will gonna happen.
Hi,
I understand what you meant... but you know there isn't a currency ranking, right?
What you can consider regarding a currency is...
1- its value in gold standard
2- the number of international transactions made with this currency
3- the number of daily users
4- the convertibility/trading easiness
5- the profits made out of the use of such currency
6- the number of companies that were funded with such currency as initial investment
And these are just a few examples... If you try to get an answer, I guess each number will get a different one. There isn't "one best currency".
Again, I understand your point, and I guess you are trying to prove bitcoin superiority. But a ranking is not the best way to do that!
I understand what you meant... but you know there isn't a currency ranking, right?
What you can consider regarding a currency is...
1- its value in gold standard
2- the number of international transactions made with this currency
3- the number of daily users
4- the convertibility/trading easiness
5- the profits made out of the use of such currency
6- the number of companies that were funded with such currency as initial investment
And these are just a few examples... If you try to get an answer, I guess each number will get a different one. There isn't "one best currency".
Again, I understand your point, and I guess you are trying to prove bitcoin superiority. But a ranking is not the best way to do that!
yes, only one of them has a ripp off price of bitcoin. bitcoin is the currency of his highest position for now. no one can replace him, bitcoin is the father of other coins whose influence is enormous in the world of crypto and world finance.
Soon everything will be more beautiful and the world will know. It grows a little more every day! The future is very close 
Is it like #1 since it costs like ~$4000 for 1
Yeah....now its more than $5000 and still number 1 in cryptocurrency. The best thing here is it is still rising in value and would be number 1 in the future. Maybe it will drop a bit but it will recover in time.
In terms of what currency is meant, the currency altcoin, digital, local fiat currency. Bitcoin is at the top of the digital currency because its fantastic value beats the value of other crypto prices. in terms of the value of Bitcoin number one.
I dont think you can compare bitcoin or any other cryptocurrency to the regular currency that have their physical equivalent- the cash.
Simply, BTC is fully virtual. There is no something like "bitcoin cash" because the nature of that thing does not allow to make it physical. it is only virtual so if you are not able to get it in your hand, you should not compare it to the regular currency that is flowing all over the world through the bank transfersm, cash and other ways. Also , the amount of people using both of currencies are totally different ( no matter if we talk about dollar, pound or yen ).
Simply, BTC is fully virtual. There is no something like "bitcoin cash" because the nature of that thing does not allow to make it physical. it is only virtual so if you are not able to get it in your hand, you should not compare it to the regular currency that is flowing all over the world through the bank transfersm, cash and other ways. Also , the amount of people using both of currencies are totally different ( no matter if we talk about dollar, pound or yen ).
Bitcoin has always been rank one and always will be as it has been the first created digital currency others are just copy paste further more the reason ehy is it number because the volume of demand which why we experience a bullish price and the volume of acceptance from countries, merchants and other online and offline businesses the no other altcoin has achieved.
Is it like #1 since it costs like ~$4000 for 1
I wouldn't put it like that. I would actually, instead, take a look at the market caps of both of the currencies that you are comparing. A lot of people who look at bitcoin as an investment also compare it to the Apple stock, which has the highest market cap. However, even though bitcoin is not just an investment but also a currency, I have not seen it compared to numerous fiat currencies because it's just not as versatile as they are right now. Once bitcoin has more support in the markets, then potentially it can be compared to the USD.When people are talking about bitcoin, they are talking about bitcoin in form of currency not asset mostly.
In terms of global currency - bitcoin is definitely number one because it's worth over $6,000 and no currency in the history of the world ever reach that.
Actually, I have never seen any currency with such Bitcoin value. It surpasses all monetary limits and does not have any more valuable currency than it does, even though it originated in no other country.
Yes in terms of value, it exceeds all monetary limits but people are still against it in terms of usage. Even though it is ranked one in the world of cryptocurrency, it can't still be considered as a fiat money. Is it like #1 since it costs like ~$4000 for 1
hahaha Yeah I believe so , cause the value of 1 btc is so big
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