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Author Topic: Has Bitcoin reached its goal?  (Read 5921 times)
Magic Sarap
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July 02, 2018, 12:28:16 AM
 #541

No i don't think it reached it's goal at all because it's still be an illegal stuff in many country . If every countries in this world accepts it , the goal is reached.
I think the main goal of bitcoin is to be the #1 currency in the world, they need to surpass fiat money to be succesful, bitcoin is already succesful, what i mean is to reach its goal But i think they cannot surpass fiat money as the main currency because the number of people using fiat money is many than btc.

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July 02, 2018, 12:43:29 AM
 #542

I think that bitcoin has not been able to achieve their desired goals yet, and the fact that bitcoin usage is still used as an investment place in the long run or still in trade.

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July 02, 2018, 01:17:03 AM
 #543

For me bitcoin is already reached its goals before and it is now being overused by us, the creator of bitcoin is just want to create a simple new way of payment system that is untraceable and he don't mean to overtron the fiat by bitcoin, it is just a discovery that bitcoin can do more on what it is expected to do.
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July 02, 2018, 01:26:38 AM
 #544

No Bitcoin has not achieved a goal, Bitcoin should be the world's currency where everybody in the world can use it to buy anything and now its adoption rate is still very low, and the government continues to block adoption and feature features Bitcoin itself is still not ready speed and cost are still very troublesome, so I need more time to adopt this technology. Thanks
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July 02, 2018, 01:30:08 AM
 #545

Bitcoin is far from attaining the ideal of its founders. To become a true currency for microtransactions, the Lightning Network will have to be a success. I look forward to its full development and deployment. Despite obstacles, I think bitcoin will be closer to becoming a global reserve currency.
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July 02, 2018, 02:05:40 AM
 #546

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 think it may have reached its goal a long time ago. The goal was to be a currency capable of decentralization and away from the eyes of the government. It has been capable of going underground and away from the masses. Bitcoin has never been that successful before the people started using bitcoins as an investment.

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July 02, 2018, 02:19:51 AM
 #547

It would be unlikely that countries would turn the current Bitcoin ban. This has prevented the development of Bitcoin a lot
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July 02, 2018, 02:29:27 AM
 #548

Yes it reached its goal to be a cryptocurrency and used by many people. The price will always fluctuate up and down, but I think the goal has reached to be used by many people as a digital currency.
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July 02, 2018, 02:32:50 AM
 #549

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.





If you define the main purpose of bitcoin to become a  globally used as an alternate of fiat as an exchange currency,i thinks they cannot reach the goal,because until now,banks and paper money is still existing  and the main used as part of trading system of our economic growth,while in the other hand  bitcoin is still continue its bleeding situation now in the block chain market,thats why i could say that the purpose is failure,but  all of this have an end,and thats the time that we waited for .

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July 02, 2018, 02:33:04 AM
 #550

50k-100k $ can be thought of, but at that level it is hard to reach the target, Bitcoin has been disturbed in recent months, they have announced that bitcoin is trying to regain the value of too the past. This currency in recent months has been significantly reduced, many buyers have doubts
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July 02, 2018, 02:51:44 AM
 #551

What is the real goal of bitcoin? I think it is to challenge the world of paper money.
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July 02, 2018, 02:54:33 AM
 #552

bitcoin akant remains a bubble until 2021, after the miners take a break, the BTC price will rise sharply to 200k USD,
the year 2021 is a long wait for the owners of bitcoin and is our finishing line

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July 02, 2018, 02:56:58 AM
 #553

I don't think the price of Bitcoin has a goal to reach. I think it's limit less, but it's hard to reach that 6 figure price now. Even reaching and going up back to 5 digit figure is hard. A price like $25,000 is good goal for now.

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July 02, 2018, 03:00:16 AM
 #554

Has Bitcoin reached its goal?

I think yes because bitcoin is great help in our world and many people also use it because it takes a lot of money for bitcoin and many people are also working on this forum I think when there is no bitcoin there is also the crypto currency.
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July 02, 2018, 03:07:03 AM
 #555

of course not yet. because the purpose of bitcoin is to become digital money that can be accepted by all countries and communities that exist in the world. but until now bitcoin is only part of the country that has received as legitimate digital money like paper money .
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July 02, 2018, 03:15:04 AM
 #556

The assumption is that the price of Bitcoin will be $ 50,000 by the end of 2018. I believe this number
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July 02, 2018, 03:32:41 AM
 #557

there is all the time it takes for a victory, so does the bitcoin and should not be surprised at the current price. Perhaps more and more people are pessimistic about cryptocurrency right now but rest assured that it has happened so often and has made investors stuck with bitcoins that have made the most profit.

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BennyK
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July 02, 2018, 03:38:25 AM
 #558

Apparently, Bitcoin has accomplished a lot looking at the road map of it yet it has a long way to go in order to accomplish its full goal. Bitcoin was meant to enhance online payment method, thus to be accepted by several shops, businesses, institutions, countries etc but here is the case the attention of payment has shifted more to Bitcoin investment. Anyway, Bitcoin will get there gradually.

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July 02, 2018, 05:28:09 AM
 #559

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 think for now this bitcoin has not shown any remarkable achievement so to realize it still requires a relatively long time because enthusiasts can affect everything against the exchange rate and traders must be ready to be patient when it wants to achieve success in the future.

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July 02, 2018, 05:48:19 AM
 #560

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 guess were not even in the middle of bitcoin goals,as what i have learn from satoshi nakamoto's legacy is bitcoin should be the worldwide currency (ofcourse this is my own opinion and please respect)

Since he created this for the technology to be adapted by the world and benfits them from what is this meant to be.to help us in our transactions and services we might need in future
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