Topic: How do you measure the success of Bitcoin? - page 6. (Read 1705 times)
I believe that at the moment the price of bitcoin is well deserved and it is worth the money for which it is bought
I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success.
let's assume that the bitcoin price was $1, do you really think that bitcoin would have a lot of attention and success? How many miners are mining bitcoin? how many exchange would exist? how many people would know about bitcoin? how many institutional investors would be interested in investing in bitcoin? the increase in prices arouses people's attention. crypto have a lot of attention because of their high price increase, people like something that today has price X and tomorrow has a great price increase.
I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.
you need to understand that there are investors and there are people who love the technology itself.
there are many people who invest in gold, they love gold and they do not even know where the gold mines are. there are many people who invest in diamonds and do not even know where these diamonds come from, there are a lot of people who invest in bitcoin and these investors are worried about profits, the miners are worried about profits.
I also believe that the success of bitcoin is measured not by its value, but by its mass use. If bitcoin can be used when buying various goods in stores, or as payment for some services, then this will talk about its success.
Influential players of the crypto world have repeatedly stated that cryptocurrencies such as bitcoin and ether have created an alternative financial system insufficient to justify a market capitalization of $ 500 billion.
Antonopoulos believes that cryptocurrencies can change the financial system, and the growth of the crypto industry and its success can not be determined by the price, as the market develops according to its own laws. The adoption of technology is crucial.
Antonopoulos believes that cryptocurrencies can change the financial system, and the growth of the crypto industry and its success can not be determined by the price, as the market develops according to its own laws. The adoption of technology is crucial.
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.
The problem is that the price is a measure of success. a $100 Bitcoin accepted by millions is impossible because of its limitations. With holders and lost Bitcoins in mind you won't have more than 10 million Bitcoins in circulation, and now it's probably much less. Price will follow acceptance.
I'm not obsessed with it but if a developing technology goes back in price to where it was 2 or 3 years before it shows that it's not developing but getting rejected. We can't ignore it.
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?
People focus in the price because in a way it is the best way to measure all of things you say, the price of bitcoin is going down precisely because it is not very successful at begin adopted all over the world, but if we get to the point in which most retailers stores accept bitcoin you can be sure that its price will be incredibly high in order to reflect that reality. 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?
The measure for the success of Bitcoin i think is very large and many.Bitcoin was born and changed the views of many people about the use and purchase transactions.Thinking of us also change and Bitcoin elevates the lives of so many people. I think people are interested in it and this proves Bitcoin's success.
I think the success of bitcoin can be seen from the recognition of bitcoin globally as a function of currency.Bitcoin is easier to use, profitable and more stable prices.Bitcoin fluctuations are more stable in price movements.And most importantly, bitcoin can be applied to all types of transactions.
I measure the success of BTC in terms of it's investment, popularity and trust it gained from whole world. Exactly one year ago there was an investment of 320 billon dollars in BTC and now it is around 80 billion dollar due to a lot selling events. Whole world want digitalization and BTC is the real realization of this dream. Hopefully it will be gain more popularity.
For measuring the success of bitcoin we have some easy ways like we can check the holders of bitcoin and we can just need to know that which part of the world is using it while crypto value for us if we know that crypto is available whether we need it or not and is it applicable in the world or not i like to say that bitcoin is the good for us through this we can make our lives more comfortable and good.
I measure the success of bitcoin by seeing the users of bitcoin, I there are many people that use bitcoin as their payment system, I think bitcoin becomes a success. but if its not growing, so bitcoin is not success as my hopes
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.
I think to measure the success of bitcoin, from ourselves, whether we are happy when mining bitcoin is bad and the declining market price is a bad sign for the success of bitcoin this year in my opinion 
People including me consider measure the success of bitcoin is if they can able to take big profit when we trade for bitcoin and this is a fact that we must admit because most of bitcoin users still considering bitcoin as trade asset but indeed from now on we should not thinking bitcoin for profit only and we should see other potential from bitcoin and the technology behind of it
I support you. Basically, now only Bitcoin is viewed from the side of benefits and rapid enrichment.But the real value of bitcoin goes beyond the material world.And its success is not estimated at $.I hope that many people understand that.
It may not be an accurate measure of success, because one can use it in the long run
in my opinion bitcoin can last up to ten years that is proof of success, maintaining it is more difficult than creating right? other than that the easier we get and use bitcoin to fulfill life needs it is also proof of the success of bitcoin, if price is not a measure of success because of price just like a magnet in bitcoin, changes that occur real in life, so that life is better, easier and simpler that is proof of the real success of bitcoin
I think that btc is the most successful coin with the great potential and I measure this in accordance with ratings which are shown to us everywhere. To my mind, btc is the leader
In my opinion we can measure the success of bitcoin with the many people who have proven the benefits of bitcoin and the results of them using bitcoin can be used for their daily needs. Maybe it's a small example of how we measure the success of bitcoin.
In my candid opinion, I would measure the success of bitcoin on how many investors would venture into it when they believe the volatility of bitcoin is not rapid as compared to what is happening in recent times. I believe such parameters can help us know how people would appreciate the philosophy of bitcoin.
I think we can't measure the success of bitcoin, as it has fullfilled the satisfaction rewards we benefited from the last 2017 bull run. Because for me it is hard to manipulate the situation and hit the enormous peak just to pay with people's motivations and couragement.
Success of bitcoin would be giving a person a chance to have an assets by having a job with the price of bitcoin. Also by giving a small investors chance of having their investment grow.
In my candid opinion, I would measure the success of bitcoin on how many investors would venture into it when they believe the volatility of bitcoin is not rapid as compared to what is happening in recent times. I believe such parameters can help us know how people would appreciate the philosophy of bitcoin.
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