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Author Topic: Has Bitcoin reached its goal?  (Read 5923 times)
Caelanpelley
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May 20, 2018, 02:37:59 PM
 #141

The goal of bitcoin is not only to achieve high value in the electronic money market but also to create trust for bitcoin users. In particular, how does the bitcoin want to exist legally? Let the government recognize this as a formal currency. Achieving the goal of bitcoin takes time.
Oyetunde1
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May 20, 2018, 02:51:26 PM
 #142

No, it hasn't
Juliedarwin
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May 20, 2018, 03:06:03 PM
 #143

Taking a chance to reached bitcoin goals it depends on how you work it hard from it. We are all expecting the best value of our own token, but we are all need to have more patients to get the best value of it. And to reached the best goals of bitcoin.
oni4an
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May 20, 2018, 07:41:23 PM
 #144

I think the main purpose of the bitcoin is its independence, its decentralized nature, its manufacturability. Has as the main value and the best means of sharing in the future.
adjudicator
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May 20, 2018, 07:49:58 PM
 #145

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 bitcoin reached its goal a year ago, for me bitcoins goal is to help many people to have an instant and easier way of living than making its price much expensive. Today, there are lots of people are using bitcoin and it is very helpful because bitcoin doesnt need a lots of time and effort when it is being used.

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taeewo
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May 20, 2018, 07:52:06 PM
 #146

It hasn't attained it goal yet, bitcoin is the future, when government started legalizing it will boom and there will be more demand.
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May 20, 2018, 09:19:20 PM
 #147

The goal of bitcoin is not only to achieve high value in the electronic money market but also to create trust for bitcoin users. In particular, how does the bitcoin want to exist legally? Let the government recognize this as a formal currency. Achieving the goal of bitcoin takes time.
The initial goal of Bitcoins was to create a currency that wasn't in the control of any government as well as providing anonymity as well but with the bitcoin boom, all of that has changed with profits being the only goal of everyone currently investing into bitcoins.

 
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777Jolami
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May 20, 2018, 10:56:36 PM
 #148

Bitcoins goal was never to go to 250.000 or 8.000
bitcoins goal was to send payments  between users without passing through a central authority, such as a bank or payment gateway.
But now the purpose of payment in the MOF is gradually forgotten, people holding the BTC just hope that their prices rise and make profit, in short, people entering the BTC just for speculation. So I think BTC will not achieve their goal when born. The BTC has been altered by the owners who hold them.
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May 21, 2018, 03:31:00 AM
 #149

Today’s trading mania is just a prelude to an even bigger, more transformational era of cryptocurrency. So nope, I don't think Bitcoin has reached its full potential yet.
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May 21, 2018, 03:37:36 AM
 #150

For me, i think bitcoin hasn't still reach its goal. Bitcoin goals depends on how hard you work for it. Bitcoin is still going to higher and better value. But we cant predict the future.
Dhimas Kanjeng
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May 21, 2018, 04:41:32 AM
 #151

I think the bitcoin goal has not been achieved, if the number of users has reached at least 30% of the world's population and marketcap has reached more than $ 50,000 trillion then I would say that the bitcoin goal has been achieved.

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rightway00372018
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May 21, 2018, 04:47:25 AM
 #152

I think the bitcoin goal has not been achieved, if the number of users has reached at least 30% of the world's population and marketcap has reached more than $ 50,000 trillion then I would say that the bitcoin goal has been achieved.

In my own opinion, I think bitcoin bitcoin already reached its goal target because the current price of bitcoin today is still very big in a very 7short span of time comparing to other cryptocurrency.
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May 21, 2018, 05:05:55 AM
 #153

Bitcoin needs to continue to properly scale if it wants to compete and stay relevant.

Low fees and fast transactions are a must.
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May 21, 2018, 05:12:54 AM
 #154

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 the bitcoin have not reach its goal yet because the initial goal of Bitcoins is to create a currency that wasn't in the control of any government. And it hasn't attained its goal yet, bitcoin is the future, when government started legalizing it then it will definitely boom and there will be more demands.
NelfiNovita
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May 21, 2018, 05:17:14 AM
 #155

Quote
if by "legitimate" you mean something that the government approves then you are wrong this is not the bitcoin goal either.

Why would anyone assume "legitimate" means "government-approved"?  Legitimacy is not a legal concept.


Quote
there is a simple explanation for it, people don't care about altcoins!

We heard the same about Bitcoin...

the purpose of bitcoin is still a long way so I think bitcoin has not reached its destination, if seen from the current price bitcoin slightly cheaper than the highest price he ever reached. but I think the bitcoin progress is not just there and still far more results to be achieved.

paulk11087
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May 21, 2018, 05:27:01 AM
 #156

I still do not think you're reaching for your own purposes. Because it's still in recovery. Many strong investors have not yet invested in the market. I think it's impossible for them to finish without them. I also think that the bitch should be concentrated on the blockchain.
mdripon
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May 21, 2018, 05:55:05 AM
 #157

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 a time-able coin. Now its usage has increased many times. Bitcoin is now being used in all the daily works.But I think it Could not reach its goal.Because now almost 30% of the people in the world are using Bitcoin. When Bitcoin is used (80-90)% then it can be said that Bitcoin reached its target.

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Erlinda Santiago
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May 21, 2018, 06:11:42 AM
 #158

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.




what do you mean by your question? There ar so many goals that cn reach what do you think it us? But if it is the price goal maybe yes it is reached

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May 21, 2018, 07:19:24 AM
 #159

Quote
if by "legitimate" you mean something that the government approves then you are wrong this is not the bitcoin goal either.

Why would anyone assume "legitimate" means "government-approved"?  Legitimacy is not a legal concept.


Quote
there is a simple explanation for it, people don't care about altcoins!

We heard the same about Bitcoin...

the purpose of bitcoin is still a long way so I think bitcoin has not reached its destination, if seen from the current price bitcoin slightly cheaper than the highest price he ever reached. but I think the bitcoin progress is not just there and still far more results to be achieved.


Exactly, bitcoin is still in its infancy and there are a lot more to come by way of bitcoin, I have never thought it has served its purpose unless it because our daily usage in life and that is going to take the world some more time to happen.
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May 21, 2018, 07:23:00 AM
 #160

I think bitcoin is still far from its main goal of giving the ''financial power to the people''. A lot of manipulations is still going on by whales, institutions and their likes, adoption is still not at the level we are hoping for it to really go mainstream. For me i think until bitcoin completely replaces banks or becomes a major part of the current banking system, the goal of achieving bitcoin goal is not near.
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