Has Bitcoin reached its goal? - page 46.

De4ted

member

Activity: 111

Merit: 10

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.

not yet, as long as the government doesn't acknowledge bitcoin as a helping currency.

Kimbohh

newbie

Activity: 102

Merit: 0

For my own opinion, for now i think it doesn't reach yet. The price is too low it really dip too much in the market. And for now, i think the bull run has starts already coz last day the price jumped so high.

Karie_Legend

member

Activity: 514

Merit: 10

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If Bitcoin has a goal with a higher price every year it has been achieved until now but not all the goals they achieve.

Swanh

newbie

Activity: 138

Merit: 0

Quote from: faithofb on July 08, 2018, 12:25:48 AM

It has not even reach the quarter of his goal because they are still much to achieve that will make the masses to join the forces of blockchain in the future. i also see government approved it soon.

In my opinion bitcoin still has not reached its goal.Both in terms of price because Bitcoin prices are still volatile and very far away to get back to their highest price.But the main purpose of bitcoin into digital currency that can be accepted by the world

Kuningkuning1

newbie

Activity: 29

Merit: 0

Bitcoin has great future and its goal not yet reached. I believe that it has the chance that it will be considered as a alternative currency to fiat in the near future.

galario_juriz

newbie

Activity: 3

Merit: 0

I think Bitcoin will only achieve its full goal if all currencies rely on cyptocurrency (Bitcoin sets as main currency) and replace all fiat currencies in the world. It will take hundreds of years tho before this will happen.

Techfrog

member

Activity: 155

Merit: 10

I think that it has not reached its goal, because most of the people in here consider bitcoin as an investment or a form to make huge amounts of money, that is the main reason of why i think that it has failed on the main purpose of what it had

DewiKirana

full member

Activity: 378

Merit: 102

Bitcoin has reached its goal, we can see that bitcoin can be one alternative payment that is not related by a third party (bank). I think it is the decentralized nature that bitcoin brings with it its purpose.

King_Linda

newbie

Activity: 88

Merit: 0

If I can only understand correctly, on whether a BTC has achieved its ultimate goal? I'm afraid that these questions do not have a clear answer, because nobody or anyone knows the true purpose of the BTC. It can not be called a sum, like a dollar or euro. Because at the same time and day, BTC is performing a function of propagating a kind of electronic money in the country.

faithofb

newbie

Activity: 238

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It has not even reach the quarter of his goal because they are still much to achieve that will make the masses to join the forces of blockchain in the future. i also see government approved it soon.

mendra_2009

full member

Activity: 429

Merit: 100

Bitcoin has been known to many people around the world, bitcoin has gained the trust of many people around the world, bitcoin has had a fairly high price, bitcoin has been used for various transactions, many people have invested bitcoin. But bitcoin can not yet be a national currency that can be used for all transactions around the world. This means that bitcoin has not achieved its overall goal even though there is some of what the bitcoin wants to have achieved.

Hallmader

sr. member

Activity: 1123

Merit: 253

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.

Even if Bitcoin is almost reaching its 10th age already, it is a clear that its goal is not yet fully achieved. We can easily accept the reality that it is still fiat money that remains in use today anywhere in the world. Bitcoin is also used as a currency, and remains to be a great alternative to fiat. But it is still growing as a currency, still far from achieving its full potential. The road is not easy either. But it will make it to its goal, one step after another.

Sam San

sr. member

Activity: 630

Merit: 250

Quote from: Tuyul_Dollar on July 07, 2018, 11:59:54 PM

Yes, it has reached its goal but bitcoin can not be said to be senior or old because bitcoin is new and there is no connection of wide business connection as it has ever been. Bitcoiner hope that the main purpose of bitcoin is reached and there is no constraint at all

it is only at the beginning of its path, it has become a media sphere, it will become an ordinary thing without which you can not live like a smartphone, the Internet.

LigwagGanern

member

Activity: 307

Merit: 10

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 bitcoin still not do their goal because there are still issues regarding to the transaction fees and delaying of payment that is need to solve, improve or upgrade. And maybe if bitcoin will legalize in the world that was a good thing that happen in the history of bitcoin. And many people will become happy if that will happen.

Tuyul_Dollar

newbie

Activity: 185

Merit: 0

Yes, it has reached its goal but bitcoin can not be said to be senior or old because bitcoin is new and there is no connection of wide business connection as it has ever been. Bitcoiner hope that the main purpose of bitcoin is reached and there is no constraint at all

jpespa

member

Activity: 294

Merit: 17

I believe bitcoin gained many achievement but I think it is still far from its goal. There are still issues with the transaction fees and delays in payment that should be solved and also the stability of its price.

pxo.011

member

Activity: 266

Merit: 10

in my own opinion and observation bitcoin reached their goal because in the first place they only test it in the economy and the result is awesome because bitcoin can use as investment and to pay bills without a credit card.

Blackwhite69

sr. member

Activity: 560

Merit: 250

Quote from: DainSLane on July 06, 2018, 06:44:20 PM

Bitcoin is not yet reached its goal it is still too far at this moment maybe in one decade bitcoin will reached it but some other country still not yet accepting bitcoin as a currency, the users of the bitcoin in the whole world still limited that is why the flow of bitcoin is not too fast.

It's true, many goals that must be achieved by Bitcoin until now because you can see for yourself one of them Bitcoin can't be accepted by everyone in this world. It's one of the things that will make Bitcoin's progress better.

sasdaryl1995

newbie

Activity: 12

Merit: 0

I think Bitcoin already reached it's goal by catching the trading or financial worlds attention. Bitcoin status now will be decided market stability.

Indai24

member

Activity: 448

Merit: 10

Quote from: Red Fire on July 07, 2018, 10:04:50 PM

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.

Just like what other said for me bitcoin also not totally reached its goal because this is the time that bitcoin is only starting to get what it wants. For us it takes decades or many years to reached its goal.

I can't say that bitcoin already reached its goal because of the current situition we are facing. However I know that someday bitcoin will be able to continue its legacy and their main goal as long as the market will become stable.

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