Has Bitcoin reached its goal? - page 27.

acreed

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Merit: 1

Quote from: jongo on April 17, 2018, 05:52:39 AM

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think? I'd love to hear from some crytpo veterans.

I think the only one goals from bitcoin is they want their crypto currency widely used like other fiat currency without any regulation. They just want people to acknowledge them as currency.

ivanjosh

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Quote from: letsfly on July 29, 2018, 03:54:30 AM

Bitcoin havent reach its goal yet. Say for the price, it is still cheap, in regards the adaption, it is still not that popular and lots of people are not using bitcoin or dont know what bitcoin is.

Bitcoin they can reach their goal, goal is to serve people to future. Bitcoin is number 1 in crypto so if some people says haven’t reach it goal, but not now soon , in the future cryptocurrency is will be legal in other countries.

chopperchopper

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In other nation bitcoin still didn't get authentic. The administration still stress if bitcoin some time or another will driving fiat cash and influence monetary in that nation to crumple.

beverly788113

member

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Merit: 10

Quote from: Tinker18 on July 29, 2018, 04:14:30 AM

No Bitcoin has not reached its destination, Bitcoin is supposed to be a world currency in which anyone in the world can use it to buy anything.

You can see that the market crypto says them and bitcoin in particular can be seen that the market is fluctuating continuously and very difficult to guess, we can see that the market is constantly adjusting and changing very strongly. Bitcoin prices are recovering but the price of altcoin is still creating a new bottom. So I believe most people come to bitcoin just to speculate rather than invest.

Tinker18

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No Bitcoin has not reached its destination, Bitcoin is supposed to be a world currency in which anyone in the world can use it to buy anything.

letsfly

member

Activity: 350

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Bitcoin havent reach its goal yet. Say for the price, it is still cheap, in regards the adaption, it is still not that popular and lots of people are not using bitcoin or dont know what bitcoin is.

barsharkol12

newbie

Activity: 197

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bitcoin reached it some goals,especially btc is number one crypto in other currencies. in other aspect bitcoin helps its user or investors to make their earning and money became profitable. bitcoin will continue to achieved its goal.

Jay51

newbie

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Bitcoin has not achieved its goal at all. Bitcoin is still pioneering its pace to become a legitimate and recognized world currency. Like a tire in a vehicle, bitcoin is still in the stage of pumping the tire and has not started running.

inv_ker

member

Activity: 144

Merit: 30

Quote from: jongo on April 17, 2018, 05:52:39 AM

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think? I'd love to hear from some crytpo veterans.

For me, bitcoin's goal is to be appreciated, accredited and acknowledeged by each one of us. And through continuously helping others, I think it deserves to be really praised.

muhammedb

full member

Activity: 378

Merit: 108

Quote from: jongo on April 17, 2018, 05:52:39 AM

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think? I'd love to hear from some crytpo veterans.

Yes out the price of bitcoin i think bitcoin is still very far from it goal, because i guess the mean reason why it was impliment is yet to be used for it, secondly you can see bitcoin hit it goal today was the transaction speed and fee is not encouraging the users.

jaaeeeyyyy

full member

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Bitcoin goals are to serve the future, to become the future. And there is always the future of every past, as well as the future of every present. So therefore the goal of bitcoin was to serve people and as long as there are people bitcoin's goal is not yet accomplished but it is in the process of accomplishing. Bitcoin is thing where we can trust our future.

hibiscus

newbie

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Bitcoin is one of the greatest invention of the century and the originators intention is to provide a strong and useful coin to operate world wide for the humanities daily requirements. It is a new form of economy linked with the modern technology and the computer literacy. Unfortunately among the global population only 40 percentage can have the computer literacy.Now bitcoin is in its infant stage and very shortly it will achieve its goal to become a global common currency. Bitcoins market capital and its daily traded volumes are very high comparing to the other alt coins.

bayy43

newbie

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I think bitcoin has not reached its destination because in every country not necessarily using bitcoin currency for example in my country, bitcoin currency is legalized by the government

Patricia Joness

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Absolutely no, it's still far from there. The primary goal of Bitcoin was to provide the people a mode of payment that will remove all layers in between, thus the peer-to-peer system. However, it turned out that there are some issues that have to be addressed first before this goal will meet its success. Not least of these issues is about transaction fees. You cannot expect Bitcoin to become the main currency of the people if high fees are extracted from the users in every single transaction.

indog

member

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For now bitcoin has not achieved the initial goal of bitcoin development and possibly in the future. Everyone will use bitcoin legally without any hesitation

Undermood

legendary

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Bitcoin's goal is to be the biggest coin, as it is now. But I don't think it reaches the price target. I do not think in 2022 will be $ 250,000. I'm not sure if this will happen.

bat11

newbie

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I don't think so. In fact I think bitcoin is not yet on its full growth status. I think bitcoin is just starting to unravel itself and introducing itself to the public.

RAinery

newbie

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Until now I think bitcoin is being processed towards the main purpose of bitcoin itself. But no results betray the process from it all. So far the bitcoin is on stage to be even better in my opinion...

Herbys

jr. member

Activity: 238

Merit: 6

Quote from: jongo on April 17, 2018, 05:52:39 AM

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think? I'd love to hear from some crytpo veterans.

Bitcoin was created in order to eliminate all the disadvantages associated with the standard payment systems to which we are so accustomed.

Fixed some disadvantages, others will appear. Cry

As a currency, Bitcoin has not yet realized himself. Embarrassed

ay0d1

newbie

Activity: 74

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Every year adoption of bitcoin is on the rise as result of its usage. Few more people are getting to know about it while many are still not aware of its potential. The more bitcoin gain more popularity the more chances of attaining its goal of being able to be use as a means of payment. Hopefully next ten years down the line will be able to prove that.

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