Whats the ranking of bitcoin in terms of currency - page 5.

LeGaulois

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Quote from: pathapoddo on October 29, 2017, 10:13:22 PM

I can say bitcoin is the top in the currencies. Because of it's high price ( $6000).Also it's decentralization transfer. It is also legal in whole world.That's why it is in No.1 position.

LOL it doesn't make sense. You can't rank a (crypto) currency based on the value. You can rank it based on the adoption or something else but not based on the price... And as for the legal side of Bitcoin, so far I don't think it is allowed in the whole world as you say and so it doesn't give a point to your argument

panganib999

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Quote from: trecore4 on October 26, 2017, 09:25:24 AM

Personally every one will think that bitcoin is top most currency and no other currency can bit it. Also it’s not like that because of it’s price (current = 5.6k USD) is very high but it’s also because of the way bitcoin is growing currently in the market. The growth rate is very faster as compared to other currencies in the market and even any other real asset in the stock exchanges. That’s why it’s number one and I’m sure only crypto lover will think this and not the the normal person. Lols.

If we are going to have a rank on bitcoin price in terms of currency we also need to be specific in term of distinction. Bitcoin is a form of a crypto-currency by which its value is dependent on the stock movement on transactions on the market and for the people who support bitcoin. So if we are going to rank bitcoin in terms of crytpo-currency it is no doubt that is the number one crypto-curreny in terms of value, volume and stock movement in transaction particularly to tradings and investments.

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Quote from: xPASTELx on October 26, 2017, 05:27:57 AM

Is it like #1 since it costs like ~$4000 for 1

I thinks that bitcoin is the no.1 of all digital currency because of its value and in terms of money if euro is the highest rate of all currency i can compare it to this kind of state currency.bitcoin price is greater than all coins its rate value now in the market of $6000 and this coming next three years it will raise to $9000 because of the decentralized system.

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Quote from: pathapoddo on October 29, 2017, 10:13:22 PM

I can say bitcoin is the top in the currencies. Because of it's high price ( $6000).Also it's decentralization transfer. It is also legal in whole world.That's why it is in No.1 position.

You need to learn to stop signature spamming and learn about the bitcoin network and how it works before making posts in this forum. Bitcoin is not legal in every country in the world. There are places where bitcoin is banned. Take a look at this : https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Quote from: Pasabm on October 29, 2017, 09:39:12 AM

Bitcoin currency until now still be the leader of rank 1, because it is very high bitcoin exchange price, since 2009 and has never shifted to this day.

You cant say that for sure. There have been FUD spreading in the last few months and thus prices have fallen and then risen again. I would say bitcoin gives a tough competition to other altcoins and to the fiat.

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Quote from: xPASTELx on October 26, 2017, 05:27:57 AM

Is it like #1 since it costs like ~$4000 for 1

Of course it's number one the bitcoin price today is above $6500. Whosoever will disagree have a problem in their mind.

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Quote from: DPrillio on October 29, 2017, 03:07:20 AM

Quote from: Enzo05 on October 26, 2017, 05:35:18 AM

Quote from: xPASTELx on October 26, 2017, 05:27:57 AM

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

For all the coins in crypto world bitcoins is the number one among the thousands of coin and that is the reason why bitcoin is the most popular digital currency around the world because it is the biggest it is have the highest value.

In the ranking of all the coins which are present in the world of crypto currency, bitcoin is at the top of the list. There is no other coin which is having this much of worth and importance as that of bitcoin is. The way bitcoin is making such a good reputation amongst the people, I am very much sure that bitcoin is going to have a wonderful future. It will change the lives of those who will believe in bitcoin.

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Quote from: gabmen on October 28, 2017, 05:23:11 AM

Quote from: xPASTELx on October 26, 2017, 05:27:57 AM

Is it like #1 since it costs like ~$4000 for 1

I don't think it works that way. A lot of thinga determines whether a currency is ranked at the upper or bottom. And bitcoin isn't even yet listed along side all other regular currencies.

You are right in this regard. We here only know bitcoin as the crypto number one currency but that doesn’t mean bitcoin is the ranked on top in all currencies in the world. But don’t you think, all currencies have shown this much success after development of centuries but see bitcoin, it is only the period of about nine years and see the amazing feats of success it has just showed.

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Quote from: TheGreatPython on October 28, 2017, 12:54:53 AM

Quote from: xPASTELx on October 26, 2017, 05:27:57 AM

Is it like #1 since it costs like ~$4000 for 1

Yes bitcoin has been placed on number one in all cryptocurrencies around the world. We don’t have any solid reference for that but I have heard news and read many articles about it. Bitcoin have got much fame in a very short time as compared to all other elements in business things. The more yielding percentage of it, have showed everyone that it is the number one currency.

There is hardly any reason to deny this fact that bitcoin has comfortably managed to get the top ranking in the world of crypto currencies. There is no other coin which is having that much of worth and importance as bitcoin is having.

Bitcoin is no doubt far more beneficial than most of the regular currencies as well but only thing which is keeping it behind is that it has not been declared as legal so far.

pathapoddo

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I can say bitcoin is the top in the currencies. Because of it's high price ( $6000).Also it's decentralization transfer. It is also legal in whole world.That's why it is in No.1 position.

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Quote from: spyerf on October 28, 2017, 03:24:15 AM

I think in terms of bitcoin value is the topmost, but in terms of bitcoin currency is the second because the use of bitcoin is still not comprehensive in each country while the fiat is used by every layer of the general public in their respective countries. Bitcoin itself is a global exchange tool that can be used anywhere by fellow bitcoin users

When we speak about cryptocurrency of course it's so obvious that bitcoin is the top most considering its price that is up to $5000 but if we will include the centralized currency which is mainly used by everybody then it will be number 1 in value but not in usage accesibility since not all establishment accepts bitcoin yet.

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Quote from: aoluain on October 28, 2017, 05:22:25 AM

I assume your question is made in comparison to
all other FIAT currencies in the world?

I think its difficult to compare really, there are so
Many variables which can be compared but as
people on this thread is based solely on its single
Value of over $5500.

You are right up to some extent that there are many variables that are examined while a currencies comparisons but at the end of the day the purchasing power is the main element that is widely considered. The US dollar was considered as the strongest currency because it got the acceptance for the international transactions which increased its purchase power. The same is now the case with the bitcoin but it is not legal around the world so in the books it is not considered as #1 currency of the world but truly it is.

meanwords

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No doubt, Bitcoin is number 1 in the whole world of cryptocurrency. It is the basis of all the altcoins and it has many features that will enable it to stay at rank 1 for a very long time. Maybe someday, something will beat it.

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Quote from: xPASTELx on October 26, 2017, 05:27:57 AM

Is it like #1 since it costs like ~$4000 for 1

That's right. Bitcoin is indeed consider as the no.1 cryptocurrency because of its expensive market value, high market demand and large community. The best factor in Bitcoin which made it the no.1, in my opinion, is its large and growing community that produces a high market demand whih makes its value more expensive, making it on top of cryptocurrencies.

Pasabm

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Bitcoin currency until now still be the leader of rank 1, because it is very high bitcoin exchange price, since 2009 and has never shifted to this day.

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Quote from: 50ouncebrew on October 29, 2017, 07:20:35 AM

Well it's number one because of the price of it, which proves it's attributes. The price has been fluctuating quite a bit, but that was mostly at the beginning when Bitcoin's network was getting stronger.

,yes it does and it is definitely in rank number one in terms of value, but in terms of usage i don't know if it is still in number one, because it seems that there are so many who are against it and just set aside those who are not using it.

50ouncebrew

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Well it's number one because of the price of it, which proves it's attributes. The price has been fluctuating quite a bit, but that was mostly at the beginning when Bitcoin's network was getting stronger.

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Undoubtedly it's no.1 because now you can see that 1 btc=5800$

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Quote from: Enzo05 on October 26, 2017, 05:35:18 AM

Quote from: xPASTELx on October 26, 2017, 05:27:57 AM

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

For all the coins in crypto world bitcoins is the number one among the thousands of coin and that is the reason why bitcoin is the most popular digital currency around the world because it is the biggest it is have the highest value.

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Quote from: inanilujimi on October 28, 2017, 03:40:59 AM

if in view of its value is not in doubt kalu bitcoin no 1 highest for now.

Yeah it could be true but a lot of the other bitcoin currency in now being in the market and the value of the currency will be high till the end of the term and the low price bitcoin will give the low price profit while the bitcoin importance will give you the bright side of the future, I hold the bitcoin and the price of the bitcoin will be more than this till the end of the year I love to buy the bitcoin because for me the bitcoin rank is now very high.

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I can't say a definite rank number for bitcoin in terms of currency because if we say currency, it is the general systemof money so it includes all forms of money for every country. But if we filter our choices in terms of cryptocurrency then I say the Bitcoin is the number one amongst all other competitive tokens available in cryptocurrency ecosystem.

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