Topic: Has Bitcoin reached its goal? - page 43. (Read 6005 times)
I think bitcoin is far beyond its goal to be used by all people. Because not all people know bitcoin. And many countries are banning bitcoin in their place.
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 is yet to reach its goal. It is still in the developing phase. Its market cap needs to reach that of the world population. What do you think? I'd love to hear from some crytpo veterans.
I do not know how long it will take for bitcoin to reach its goal, the fact that people are skeptical about bitcoin, it has not been legalized in many countries, the management problem is that it is difficult.
We are not yet on top, we are still in a process of the success, and we are doing great for that since little by little bitcoin is becoming popular as time is passing by, so we just need to wait and keep hodling what we do have currently.
bitcoin is waiting for a great future! I'm sure the bitcoin price will reach 100,000! now it is very difficult to extract bitcoin, the cost of production due to electric power, labor and extraction complexity is rising more and more expensive! bitcoin is his grandfather and his price will always be expensive! But we need competitors with a large capitalization. if there are competitors, then the prices for all other coins will not fall or grow because of the prices of bitcoins!
The purpose of which was to be the exact price seems pointless. And when it comes to when it's legitimate, there's no definite answer as to whether it will ever be. Fortunately, this is not Bitcoin's goal. Its goal is constant development and offering something that no other currency offers. This is the idea of abandoning fiat currencies in favor of cryptocurrencies.
Yes bitcoin has reached its goal of being an investment and as a digital currency , the only thong bitcoin is to finished is the acceptance of the world for it as a legit international digital currency wherein the bitcoin holders are free to transacts their businesses through bitcoin.
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.
What do you think? I'd love to hear from some crytpo veterans.
It's not about the price of bitcoin. The main goal of bitcoin is to expand and be used commercially more than fiat does. And of course, this alternative to fiat is yet to be improved to be used by an ordinary person. Bitcoin also aims to free us from the government's financial influence so we can use our money independently.
Looking at price of btc last year as compared to last year and taking it from that perspective I think btc has not reached its goal and it will surely reach it when the time comes.
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.
What do you think? I'd love to hear from some crytpo veterans.
It's not about the price of bitcoin. The main goal of bitcoin is to expand and be used commercially more than fiat does. And of course, this alternative to fiat is yet to be improved to be used by an ordinary person. Bitcoin also aims to free us from the government's financial influence so we can use our money independently.
I don't think so because predictors say that by 2019 bitcoin will get to $50000,and if bitcoin can get up to $20000 as per last year and early part of this year than definitely it predictions is possible
The goal of Bitcoins is not to reach very high value but rather it is supposed to be independent of the control of governments as well as providing anonymity for it's users but with the regulations being brought up by various governments. we are going to use those very features.
I don't think so because predictors say that by 2019 bitcoin will get to $50000,and if bitcoin can get up to $20000 as per last year and early part of this year than definitely it predictions is possible
Looking at how the coin is although I don't know its roadmap, I think much has to be done. It hasn't achieved even half of its goal and I know it can.
Maybe not yet! Why? Because of Government interference and imposing many rules against bitcoin investment will affect the precious and liberty of bitcoin, but if we receive a support coming from the legal authorities recognizing and accepting this investment then i am really sure that this investment will prosper and reaches its goal to the maximum. Thanks
If for that matter I think a lot of countries that have not accept bitcoin as a means of payment. so it will be difficult if we expect bitcoin the price will go up like last year.
bitcoin have not reach it goal, the goal to be the world currency, goal to be accepted by all nation.
so nah it haven't reached it goal, but with time we will experience a high demand for bitcoin and cryptocurrency at large.
so nah it haven't reached it goal, but with time we will experience a high demand for bitcoin and cryptocurrency at large.
Nope it will still grow as there are still many individuals around the world that are not still familiar with bitcoin. The only thing needed is to market bitcoin or altcoins introduce the ICO and how they can earn which will relatively will lead them into bitcoin. As we all know that most of the ICO projects are ERC20 tokens based platform for ethereum which is a direct altcoin for bitcoin. So involving them in a project means inviting them to join cryptocurrency and that will make more demand on bitcoin.
Bitcoin is still far from achieving its goals. In my point of view, the main thing is to remain as a real investment option and a secure asset for earning profits.
I think bitcoin has no goal to reach because it's votality still continue behaving besides of bad and good news that had happened. What to expect really it is a good investment especially when good market correction happened at the moment you've invested it. You can really secure to earn a huge profit from it.
I definitely do not think so - the true idea of Sakamoto was a CURRENCY to be used trough the web side.
But as far as I see now it's only a form of speculation and bad investment.
So if you are thinking to start on your own investment right now , choose to ibuy an house instead
But as far as I see now it's only a form of speculation and bad investment.
So if you are thinking to start on your own investment right now , choose to ibuy an house instead
I think we hit only a very small percentage if we talk about making it as an alternative payment rather than fiat. If people see it as bad at this rate, they are wrong. It's not just like magic that everyone in the world is doing and I believe that time will make that goal succeed.
Usually sometimes humans are never satisfied with what he can, when they get their benefits immediately reveal good news about crypto, but vice versa when the losses they get, then the negative news they continually spread. We must be more careful to respond.
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