Has Bitcoin reached its goal?

[xandiel01]

Well, as we observe on the bitcoin now they are really great to be accept in other countries, and because of that, bitcoin will reached its goals, for those who hate bitcoin, i think its time for them to love it now because they have a good future.

[jitenrajput]

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.

Regarding the price, it's just a speculation. The goal of bitcoin to implement decentralized payment system is not yet been achieved. It has not yet entered the daily lives of people as the fiat currency. Bitcoin and altcoins may continue as tradeable assets.

[Daniel91]

It's almost impossible to give definitive answer.
It depends on public opinion, supply and demand, media reports etc.
At the moment bitcoin is still number one among crypto currencies and main entry point for many new users in the crypto world.
So, right now, it looks bitcoin still didn't reach its goal yet.

[punkster]

In my country bitcoin still didn't get legitimate. The government still worry if bitcoin someday will leading fiat currency and make economic in that country collapse

[megalith07]

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.

The reason for BTC is to make one cash that can not be controlled by anybody even the government won't have the capacity to control and it appears to be presently the objective has been come to and when BTC costs turn out to be extremely costly as I think this is exceptionally typical in light of the fact that the less aggregate supply then the cost will be anything but difficult to be extremely costly.

[collision00]

Bitcoin is still extremely youthful and it have to develop before it can satisfy its predetermination of turning into a frame or medium of trade in purchasing merchandise and enterprises in any general public. Today there are as yet couple of clients on the planet and for the most part of the bitcoins were ate the hands of the huge whales. For whatever length of time that bitcoin isn't circulated to the majority and it isn't utilized as a part of day by day exercises in life then bitcoin have not achieved its maximum capacity. Keep in mind it isn't about the bitcoins cost however is about its motivation.

[jakoylantern]

For me, I think bitcoin reach its goal regarding widespread it and become famous, but in the other terms, it doesn’t achieve it yet. The other terms I think is the acceptance and legality of bitcoin so that many people accept it and it reaches its goal to become a global payment system. But I think it will not going to happen because there is some state that already bans or prohibits bitcoin for some reasons. But on the other hand bitcoin reach its goal to become famous to many people and many people will know that the government sectors are putting a tremendous amount of transaction fee or tax into our community. 

[kuntet99]

bitcoin has not met its purpose, because only one bitcoin goal is just to make people happy and also provide a very high selling point for sellers

[insikko0413]

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.

Yes, i think bitcoin already reached its goal , seeing the market value today which is far from other cryptocurrency and bitcoin already earned so much respect from its investors as this is one of the most trusted among all coins.

[royalfamily1000]

bitcoin has not met its purpose, because only one bitcoin goal is just to make people happy and also provide a very high selling point for sellers

To make people happy have perfectly done already and the current situation of huge fluctuation will not make people to cry as this is just a temporary and what we need for now is to be careful from any people around us that may influence us to get panic and sell our bitcoin investment.

[1goldhunter001980]

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.

we already know what happens to bitcoin today many months already passing but still bitcoin did not increases its market value, May be before bitcoin already reached but for now the goal did not continue to reached as investing in bitcoin is very risky.

[fistteam]

I think bitcoin has not yet achieved it’s goal. The number of people who know bitcoin is still low. Many countries have not accepted bitcoin and bitcoin has not yet become the world's currency.

[sormin]

I do not think Bitcoin has achieved its goals. If you are talking that Bitcoin is a legitimate fiat money alternative, then you are wrong. Because there are several factors that make bitcoin can not be a legitimate payment alternative in some countries, one of them is illegal transactions that are still often done by some people or criminals. If bitcoin becomes a valid payment alternative, then the bitcoin supply will continue to decrease, and not only decrease but can run out. Do you now understand?

[Selapesek]

Perhaps belom reached its target until now, because there are still many people who do not know what bitcoin is. And some countries still do not recognize the bitcoin exists. And one more thing until now the bitcoin has not been a legitimate currency, so I do not think it has achieved what it wants.

[A Fahriz Thiago]

In my opinion, currently bitcoin has not reached its destination. because the price of bitcoin itself is still very down and far from expectations. but hopefully in the future bitcoin will achieve the goals we expect.

[domerosan10]

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.

[Vart4varta]

Although the main purpose of bitcoin consists in dispersing the power of money, the inherent tendencies of monopolization inherent in capitalism compel some market players to accumulate computer resources sufficient to seize the control of the network and turn a reliable dispersed system into a controlled by a few institutions pursuing their own interests.

[TechnoX_X]

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.

[Syunusa]

Bitcoin has not even done 1% of its value and i know as time goals on people will notice the potentials of Bitcoin and altcoin

[Rozita]

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.

I agree that bitcoin has not reached its main goal. But I am very positive about the future. Bitcoin has been created for peer to peer transactions. It takes a long time to replace the traditional payment systems and it's normal. Till now bitcoin has become more popular and It's great. There is no authority or media advertising bitcoin. So it takes a long time.