Has Bitcoin reached its goal?

[WebTera]

Bitcoin is only on the way of its development, but what is important, this way is quite successful. But the main goal of bitcoin-to become a full-fledged world currency-is yet to come.

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[Elerntta]

Bitcoin still has a lot of work to do, but it has a huge potential and is developing very well. Therefore, I have no doubt that bitcoin will achieve all its goals and become a real world decentralized currency that will completely change our world.

[robertsu]

I see a main purpose in redistribution of resources and to made a new financial system. The problem not in inflation, the problem in monopolies a print money and lack the end commission. The purpose in the decision this problem, but is a possible to decision it?

[Bitcoinislife09]

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 it still has not yet attaining its goal. There are still a lots of obstacles and works for bitcoin to go through. I believe what bitcoins' primary objective is to be acknowledge by every country worldwide and accepted as another means of transacting and earning. As of now, I think it still beyond reach but there is a possibility for it to happen. Bitcoin is still developing and should continuously grow and be known by everyone. Just take its time.

[tokenabu]

Bitcoin is a growing innovation and a business opportunity that also has risks. There is no guarantee that Bitcoin will continue to grow even though it has developed so rapidly to date. Investing time and resources in everything related to Bitcoin requires entrepreneurial ability.

[erox]

it would be a legitimate alternative to inflationary government fiat currencies

I think bitcoin is on the way to universal recognition and when it reaches it, it will mean its full competitiveness with fiat.

[yatogami]

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 in its current state has definitely failed to become an altetnative to fiat since btc's inflation/deflation cycles are even worse.
We call this volatility, but in fact it's just the unregulated supply and demand that cause these drastic differences of price.

[Maximus-1]

This is just the beginning of bitcoin and the new currency system, by the time near future bitcoin will reach the expected goals and also as the main currency! everything depends on how many investors and traders come to the crypto space to develop this currency system

[Chachen19]

Do you think that bitcoin will quickly achieve the goal ? set by the founder as well as the investors who expect them to achieve and what will happen if bitcoin prices increase rapidly and they will do so? Let us have a better view of the cryptocurrency market

[royalparade01]

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 still very young and it need to grow before it can fulfill its destiny of becoming a form or medium of exchange in buying goods and services in any society. Today there are still few users in the world and mostly of the bitcoins were ate the hands of the big whales. As long as bitcoin is not distributed to the masses and it is not used in daily activities in life then bitcoin have not reached its full potential. Remember it is not about the bitcoins price but is about its purpose.

 Bitcoin hasn't reached the it's goal , its supposed to be the world currency where everyone is can used it to buy anything, now the rate is still low, and the government keep on blocking the adoption,  Bitcoin feature itself still not yet ready, the speed and the fee still troublesome, so I think need more time to adopt this technology and more patience as well.

[shittypro]

We don't know what is the value of the bitcoin but the fact that you can earn from it by investing it wont stop to buy and sell from it , but until bitcoin wont disappear you don't have to worry about it cos each profit you earn is your goal in your self bitcoin goal is to help people to encourage to work by home while earn money and to teach people about crypto currency

[Faroxx]

I think that bitcoin is still very far from its goal. We need government regulation otherwise people just refuse to accept bitcoin.

[Samaaliu]

Bitcoin has not yet reached its goal. It was created to be used as a main means of exchange for goods. But still not yet.

[Demanderoca]

Bitcoin is still in the long process and it will be used for more days, weeks, months, years etc. And while in the process, it had been recognized, accepted and legalized for some of the countries and it is one of the goals of bitcoin. As what I've said, bitcoin is still in the long process, and it will be more popular for the next days. We don't know what lies ahead in the future but, since the population of bitcoin is rapidly growing, it will gave an assurance about bitcoin's existence for more years.

[CryptocitySL]

Yes. Their success has already been revealed. Because bitcoin today will not have an unknown person in the world. This is a popular coin. Bitcoin is a large-value coin. Last year, it increased to about 20000 dollars. This is a bit of a bitcoin success. bitcoin also has many other targets. They expect a bitcoin into a skin country. There is a bitcoin everywhere in the world. There are also many goals, such as dealing with the world with bitcoin. They will succeed in the future.

[thichtieuthuong]

In my opinion, Bitcoin's goal may be to become a global currency as well as to apply its technology and be recognized internationally. Besides i think Bitcoin is trying to become the king of currencies. It's going to be $ 250,000 / coin by 2022 as some people predict and that is also the goal.

[chemba]

The trend line runs at around $ 6,600, and if the price falls below, the bulls may lose control. In this case, with a greater probability of the rate will rush to the minimum value of August 20 at $ 6230. At the same time, short-term support may be $ 6,500.

[Abolaji11]

No,  bitcoin is not even close to it goal. The goal of bitcoin is to be an acceptable medium of exchange all over the world. While there is a progress in bitcoin adoption in some countries. However,  to be globally acceptable will not come easy and not anytime soon.

[skish85]

I think that finally the price will be established when all bitcoin coins are mined. In the meantime, we will observe the fall and growth.

[Sheentaide]

Bitcoin has no longer hit its goal. There are still some countries yet to simply accept it and combine it into their fee structures. Bitcoin remains young and more traits are set to enter its Blockchain. this will in addition growth its patronage, subsequently boom its value ultimately.