Quote from: Trivelius on October 16, 2017, 01:36:43 PM

Quote from: Nathland on October 16, 2017, 08:21:17 AM

Quote from: melvster on March 22, 2013, 01:43:58 PM

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?

No. I dont think that bitcoin is the strongest currency in the world because firstly its value is not stable which means that its price fluctuate very much. Secondly it is not regulated by any government or bank, which results in decrease in stability of it. Thirdly still after so many years since bitcoin had started, it is not accepted at most of the places and is used only underground.

I dont think so if bitcoin will be the strongest currency in the world then people will not hate bitcoin a lot, they will love bitcoin if bitcoin become popular and strong then this can be possible. The other thing is the price of bitcoin which is not stable and people hate bitcoin due to its price changing after some moments which keep people worried.

At present bitcoin's value is very high.That does not mean bitcoin is the strongest currency.There are a lot of factors like the percentage of people around the world which use bitcoin.If we compare bitcoin to other fiat currency then bitcoin has the lowest value.So bitcoin cannot become the strongest currency despite having a strong value.
So we cannot say this statement till bitcoin is adopted worldwide and used by everyone.