The success of bitcoin cannot be measured by the rate it's been sold now.
I can say bitcoin has been successful compared to what obtained in the last couple of years.
We could see companies, industries implementing the blockchain technology these days.
The bitcoin's adoption rate also increased .
Topic: How do you measure the success of Bitcoin? - page 2. (Read 1705 times)
Success would be when old grannies can walk into a coffee shop and pay them with bitcoin. It means there is mass adoption and everyone finds it easy to use
Nowadays, bitcoin is really popular all over the world and lots of merchants too are adopting the system features of BitcoinBTC also.
Isn't enough to say with all of this popularity is a sign of bitcoin success where the blockchain technology has been spread out in the entire world now. And some country Bitcoin was already regulated just for example Japan, Bitcoin, Europe and more.
Isn't enough to say with all of this popularity is a sign of bitcoin success where the blockchain technology has been spread out in the entire world now. And some country Bitcoin was already regulated just for example Japan, Bitcoin, Europe and more.
it is clear to measure the success of the crypto currency with the results and profits with our investment and with a large profit, of course the risk will also get a big risk too
That's not it. Bitcoin wasn't made to simply be something where people can make money from. It was made to advance the way we do transactions and make it easier. Once we achieved that and bitcoin becomes accepted openly by governments, then i think that would be real success.
THIS!!!
This is really the question most of us should be asking, instead of constantly worrying about the price.
But, it is quite hard to measure the success though as. Well at the beginning, from a few dollars to a thousand dollar was definitely a big milestone for BTC and should be accounted in the measure of success. However, from there on the price is not as relevant anymore (perhaps if we can break 20k).
What is more important are companies / industries applying blockchain tech, the growth of this should also be added as a part of BTC success.
We could look at the price and volume and try to measure the success of BTC through that, but really it would not be a real value of its success as the price and volume is not sustainable and could drop anytime. Its real success should be counted through ppls usage of the blockchain tech.
This is really the question most of us should be asking, instead of constantly worrying about the price.
But, it is quite hard to measure the success though as. Well at the beginning, from a few dollars to a thousand dollar was definitely a big milestone for BTC and should be accounted in the measure of success. However, from there on the price is not as relevant anymore (perhaps if we can break 20k).
What is more important are companies / industries applying blockchain tech, the growth of this should also be added as a part of BTC success.
We could look at the price and volume and try to measure the success of BTC through that, but really it would not be a real value of its success as the price and volume is not sustainable and could drop anytime. Its real success should be counted through ppls usage of the blockchain tech.
I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.
I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.
I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.
How do you measure the success of BTC?
I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.
I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.
How do you measure the success of BTC?
I can say that BTC was successful if it will be at least stable to its price last wave that was ranging 14K to 16K dollars. It was a historic event in the crypto world, everyone is trading and the market was very active. Now its price was bleeding to 4 000 dollars, no one will know what will happen next but one thing is for sure Crypto will be never out of place today.
The success of bitcoin should rather be measured in the impact that it has on people. This amazing digital currency called has a brighter future than it has ever happen, so I believe the positive side of bitcoin far outweighs the negative side so the future certainly looks great with more success.
I think we can measure the success of bitcoin by looking of the effect in the individual who are earning with bitcoin. I know that the bitcoin and whole crypto currency meet their goal that helping people while they doing their business.
When I hear and see more information about Bitcoin in mass media, when I hear about new investors and crypto traders, when I learn another celebrity or a millionaire invested in BTC it is a success of this cryptocurrency for me.
For me, we cannot measure the success of the Bitcoin crypto currency. And not only to say that on Bitcoin alone. Because we cannot measure not just the Bitcoin success but also all other thing's success here in the world we are living into. No one does that. No one can say what the future brings. So, even how deep down the Bitcoin right now, it still.have a lota possibilities to rise up again.
I think that it will be right to measure success of btc in the number of people who invest in it now
I think the success of BTC was measured by the number of supporters who adopted BTC as an electronic currency and a means of payment as well as an investment tool
A lot of factors to be consider before we can say that bitcoin succeed on its goal. Bitcoin is being televised now around the world and its really making an impact whether its a negative news or good one, and of course the value of its technology that keeps on pumping and dumping. Success is not just about the price itself but in this kind of technology, the best thing that we can use to measure success is the world wide acceptance for cryptocurrency.
Bitcoin is a success because it is a decentralized currency that has been accepted and can be used from ay part of the world. It is successful as a payment method and store of value.
it's true and bitcoin has also been used as a very promising investment asset, so to measure the success of bitcoin from its use. hence from the increasing number of years the more successful bitcoin in the real world
it survive for moer 10 years bro
in my opinion to measure the success of bitcoin is that of the many members who follow bitcoin as the value of this electronic currency as a daily transaction and can also be done anywhere without having to carry a thick wallet with full debit cards and lots of cast money.
That was one of the ways to measure the success of bitcoin. I would also like to add that the massive use of it in any transactions or payments is another one. The increase of believers and users of the bitcoin in this times whereas many people still doubt it is another way to measure its success. Lastly, the continuing of the higher price.
Make success with bitcoin is easy and simple, just buy and invest your money at bitcoin when price at lower and sell after higher, its the way how make you become success with bitcoin and altcoin investment.
Of course, the price is an important indicator of the success of bitcoin, but this is not the most important thing. We need to focus on the technology itself, how many people use it and what prospects it opens up.
I also prefer not to get attached to the price, but to judge the success of bitcoin by its level of development. And he continues to actively improve. And this is the most important thing for him, because the only way he can be realized as a currency.
I think that there are different ways to measure btc but the best one is to do this by the number of people who use it. I think that it is really the best way to become successful in life
I think Bitcoin's success is provided by its decentralized network, which makes it a coin that can not be manipulated by corporations or government. Bitcoin's success does not have to be priced because it fluctuates from year to year, a sign that the currency can not be controlled. Bitcoin's success may be even greater in the future, if many countries would not ban cryptomonade, in order not to be a threat to the banks. Eventually Bitcoin should be used in all states, this currency being created to use it as a payment method.
Jump to: