Topic: Has Bitcoin reached its goal? - page 63. (Read 5971 times)
yes bitcoin currency can not achieve price or an effective goal, it is certainly bitcoin prices will continue to increase in recent months. in conclusion the bitcoin currency has not yet reached the price, and at the moment bitcoin in normal phase or stability will increase at any given time.
we think it is still very far away with the purpose of existence of Bitcoin. so a lot of people are very panicked in their financial security, and they stop trusting the bank at the moment. Government agencies continue to persuade many people to use transactions without much money, but have not been able to stop that easily.
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.
In the government inflation and crumbling economy sector of Bitcoin I think it has reached the goal in the sense that governments which are failing their people are seeing a large flight of the citizens to using digital currency like Bitcoin. Take Venezuela for example, which even are thinking of launching an official government cryptocurrency because Bitcoin has been so successful with the people just trying to survive there while the whole country is going to shit. What do you think? I'd love to hear from some crytpo veterans.
I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022),
this is not the "price goal", it was one of the many speculation of what the price may be by then.Quote
but the goal that it would be a legitimate alternative to inflationary government fiat currencies.
if by "legitimate" you mean something that the government approves then you are wrong this is not the bitcoin goal either.Quote
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;
there is a simple explanation for it, people don't care about altcoins!
I think that yet, Bitcoin has become popular, many use it for different purposes, but we still see some shortcomings: hacking, banned by some country. Bitcoin is only about 10 years old, and I do not think this is enough to achieve the goal.
in our opinion very thin hopes for Bitcoin to achieve a goal. there may be some hope for growth this year but that has not happened yet. Many investors who invest in their Bitcoin feel very unreasonable because the current price is very low. to our knowledge if the Cryptocurrency market is not certain to experience its development. then there will be many buyers who sell Bitcoin.
If I can only understand correctly, about whether a BTC has achieved its ultimate goal? I am afraid that these questions have no clarity of answers, because nobody or anyone knows for a real purpose of a BTC. It can not be called a monetary sum, just like a dollar or euro. Because at the same time and day, the BTC is implementing a function of propagating a crypto-currency in the country.
In my opinion,even there's no one actually clearly proven if what is the real goals of bitcoin in this world. One thing i can be assured,that it hasn't yet reached its goal. Maybe,one of the goals of bitcoin is one day,it will be accepted by the governments in the entire world and be legalized,to continuosly helping people for their daily living needs.
I want to respond to your thread title about the purpose of creating bitcoin, I think the purpose of creating bitcoin to date has not been achieved because satoshi assumes that a good currency is not controlled by the government or central bank. As long as bitcoin is still a tool of investment without in use as a means of payment , bitcoin has not reached its destination.
I'm very positive that bitcoin has already reached its main goal is to become one of the most popular and trusted cryptocurrency of many investor thats why even the price dropping there are still many people willing to invest and wait.
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.
In the first place im not a veterans into this kind of carrer if we talking about digital currency investment,but being also part of this community of bitcoiners i have also own vision about this purpose of bitcoin into the whole world.actualy as of now bitcoin could not rich each goal to become a global curriencies because of so many factors now affect in digital currency system and one factor that makes this barrier is the legalization of bitcoin to use all over the world because every country have its own vision toward the usefulness of bitcoin to growth of economy,someday say its okey ,but there are some question the probability of bitcoin of what is the main purpose,but in terms of popularity and price value i thinks bitcoin will reach it constantly.
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.
With it's current transaction speed and high fees, I doubt that it can serve it's purpose as per it's whitepaper. Haters will hate this, but it is more feasible in BCH.
In my country bitcoin still didn't get legitimate. The government still worry if bitcoin someday will leading fiat currency and make economic in that country collapse
same to our county, my county also didn't accept bitcoin.but I hope that bitcoin will be accept in our county very soon.I see that many countries still didn't accept bitcoin like my county. I think this this is the main goal of bitcoin,if everywhere accept bitcoin then bitcoin goal will be achieved. 
I want to respond to your thread title about the purpose of creating bitcoin, I think the purpose of creating bitcoin to date has not been achieved because satoshi assumes that a good currency is not controlled by the government or central bank. As long as bitcoin is still a tool of investment without in use as a means of payment , bitcoin has not reached its destination.
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 believe Bitcoin has reached unimaginable limits since its inception. The most unbelievers would say that it would be a bold project that only existed a week ago, but it has become a benchmark in success and acceptability. Today is by the global government levy that comes from interest rates and controls on the movement of currency movements. Maybe it becomes a worldwide transaction.What do you think? I'd love to hear from some crytpo veterans.
I think bitcoin still didn't reached it's goal as it continues to rise, or maybe already reached but continues to change and we cannot tell now if bitcoin goals change and aiming for a better one continuously.
little information that Bitcoin is now back on its original form, Bitcoin has been in turmoil in recent months, they have informed that bitcoin is trying to recapture the values of the past. this currency in recent months has been greatly reduced, many buyers have doubts, because the value is beyond their predictions or lower, that's why they are also many who buy btc because the value is very down. A lot of news is being published because of the current situation.
In my personal opinion bitcoin gone a long way through the years of its existence, from a humble $100 to almost $20000 last year. Bitcoin still has a lot of potential to grow in the future so I think it still didnt reach its goal.
I was in bitcoin already since 5 years ago, do you know the dream of bitcoin users at that day? bitcoin could have a price of more than $5k and instead the price broke through to nearly touching $20k, I think the dreams of many bitcoin users come true, but you're right bitcoin still has a lot of potential to grow
Obviously YES !!!
yes bitcoin price prediction, in our opinion one is not possible or does not make sense. we strongly agree that that does not yet have a general embrace of the Bitcoin currency; but we are trying to find information when BigCapital starts to expand the number of commercial applications with that currency, you will probably find out more utilization.
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 believe Bitcoin has reached unimaginable limits since its inception. The most unbelievers would say that it would be a bold project that only existed a week ago, but it has become a benchmark in success and acceptability. Today is by the global government levy that comes from interest rates and controls on the movement of currency movements. Maybe it becomes a worldwide transaction. What do you think? I'd love to hear from some crytpo veterans.
we think the bitcoin currency is very difficult to predict in a goal. We already know the information that in some countries have issued a regulation of banning of bitcoin currencies, other countries have not reached a point or purpose and not difficult to reach by bitcoin, but may be seen from the technological developments that are still slowing down. we keep trying to find information about bitcoin will eventually achieve its goal if at any time will be stable in every aspect of its existence and it will be accepted legally.
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