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Author Topic: Has Bitcoin reached its goal?  (Read 5921 times)
Blackwhite69
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June 08, 2018, 09:41:57 PM
 #341

in my opinion bitcoin has not reached its goal. The main purpose of bitcoin is to provide people with a fast, easy, and transparent mode of payment. But that's all just some of the goals that are fulfilled. It is very difficult to achieve its goal because bitcoin is still illegal in some countries.

Things are still be changed from the meaning and function of Bitcoin to everyone in this world, because everyone just thinks Bitcoin just as a profit-making investment.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Markmolotok1488
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June 08, 2018, 09:44:31 PM
 #342

for now if I think bitcoin has not reached its destination, because bitcoin is still the stage of development. Still many people still do not know about what bitcoin is and I think the goal is to be used by everyone in the world.
Totally agree with you, I think that very few people know about bitcoin. Even fewer people use bitcoin. I think that when entering lightning, everything will change.
elachious123
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June 08, 2018, 09:46:06 PM
 #343

Bitcoin cannot reach it goal at a particular time because the aim is to be a mainstay use, continuous usage and acceptance for purchase of goods and services, so from my view I see bitcoin as a continuous process
reyanshbasu
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June 08, 2018, 10:27:45 PM
 #344

I think bitcoin still not reached its goal after one decade because of more people still not know what bitcoin is. Also, bitcoin is not accepted in another place because of government issues. Bitcoin is not a legitimate currency that can't accept in different countries, but all in all, for me bitcoin is very powerful coins ever.
muhammedb
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June 08, 2018, 11:20:54 PM
 #345

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 really think bitcoin has reach it goal, because the may reason why bitcoin was created has not been achieved, according to my understanding bitcoin was created to help the less privilege move on,  but no does less privileged can't even access bitcoin.
So before bitcoin can reach it go it most achieve it missions.
fritzbird
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June 08, 2018, 11:36:13 PM
Last edit: June 10, 2018, 03:48:40 AM by fritzbird
 #346

I think bitcoins is very popular and profitable, it’s believed purposes are very heavy
and are considered to some as goals and standards in the market. Bitcoin will never
replace fiat, I think people misunderstood the concept of bitcoins in that gray area.
BTC is not here to replace anything, it’s a big solution to transaction stuff. As to it’s
other defining goals, I think it’s going there and is still on the process. Being that big,
massive and influential is a goal that’s worth recognizing with Bitcoins. It still has
plenty to offer.
saranadia199
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June 08, 2018, 11:44:03 PM
 #347

we do not think Bitcoin has achieved a real goal, because the currency is supposed to be the world's currency, because where everyone can have or any material expenditure, adoption rates are now dropping very low, and government agencies continue to block adoption, and Bitcoin's own features are still lacking or not yet ready, speed and cost are still unstable and inconvenient, so we think it needs more to adopt the technology.
hirngespenst
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June 08, 2018, 11:48:14 PM
 #348

I don't think bitcoin reached its goal, and Even I don't know what the purpose of the bitcoin is. I searched on the google, but different websites gave me different pieces of information. Bitcoin reached almost 20K USD, And it is now under 8K USD, I Don't think there has any price milestone as a goal of bitcoin. In my think, If bitcoin will accept the world and if everybody trust on bitcoin then that will be a success for bitcoin.

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idex100
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June 08, 2018, 11:49:07 PM
 #349

Cryptocurrency adoption globally is still very poor,only a tiny portion of the world's population uses crypto.There are only about 24 Million active bitcoin wallet for the world's 7 billion people.That means it has a long way to go in becoming a global means for transfering value or as a currency.
Market-desi
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June 08, 2018, 11:49:23 PM
 #350

bitcoin has not reached its destination. gan because the purpose of bitcoin is bitcon in use as a digital currency received by all countries .

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Fire316
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June 08, 2018, 11:52:11 PM
 #351

      I don't think that the goal of bitcoin is to replace fiat currency or even become an alternative inflationary government fiat currencies. Bitcoin was made as decentralized digital currency and not as fiat currency. It was not controlled by the government that's why it is not a legitimate currency that is issued by the government. It was designed as a digital investment and i think bitcoin not yet reach it's goal. The  value of bitcoin is rely on the market demand. All we have is just an speculation but the truth only the time can tell the future of bitcoin.
arlington
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June 08, 2018, 11:56:09 PM
 #352

I do believe that btc has gotten far more from its goal because it is treated as an asset right now rather than a currency, only some of the firms own the minning pools which makes it centralized and which take control of the price of it.
Gabah56
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June 08, 2018, 11:56:24 PM
 #353

not until the goal gan. both in terms of price or and terms received in all countries if bitcoin is valid as digital money. feasible to use as a transaction tool such as banknotes

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June 08, 2018, 11:59:15 PM
 #354

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.

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bigblackdeck45
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June 09, 2018, 12:02:01 AM
 #355

Yes bitcoin apparently has been diverted from its original goal which is a decentralized currency into an investment material just like gold. In my simple understanding, bitcoin was created to be like fiat currency only decentralized but due to its popularity and high exchange price many people began treating it like gold. In the end I believe that it will eventually serve its original purpose.
zulkarnen198
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June 09, 2018, 12:02:41 AM
 #356

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.
lindemxxx9090
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June 09, 2018, 12:09:54 AM
 #357

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.
asraaf8687
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June 09, 2018, 12:13:00 AM
 #358

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.
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June 09, 2018, 12:20:09 AM
 #359

Obviously YES !!!
mornabo
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June 09, 2018, 12:26:23 AM
 #360

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
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