Has Bitcoin reached its goal?

[annango]

Well, honestly i don’t think so. I know bitcoin exist for years and it became so popular especially last year but still there is a long way to go for reaching its goal.

Yep, truly it’s quite early for bitcoin to reach its goal. If comparing bitcoin with Fiat, there is no doubt that bitcoin is not accepted widely these days although the demand for using bitcoin or cryptocurrecy is going increase every single day. Honestly bitcoin is such a great invention of technology, it’s almost setting its name in life in that bitcoin is going viral in many places of the world, thus with just about 10 years, it got the amount of people joining in its market so crowded, especially some places accept  it for paying, it’s  success that  bitcoin has got, and I think bitcoin will reach it goal gradually.

[jchav010101]

No one knows exactly when will bitcoin rising up and how much it will cost maximum.I don't know what month but this year bitcoin will break last year's record and may rise even higher than 20k. Everything will depend on how soon the market will receive large capital.It needs many more years to see the impact in a fund transfer industry on a global level.

[rudox]

The observation is correct and will say if the people will allow bitcoin fundamental and principles to guide them in their handling of transactions then it will surely achieve its goal in relationship to the fiat money. So if  we  use bitcoin to trade among  ourselves in P2P  basis  and not to hold it waiting for increase price to enable profit collection.

[NoNetwork]

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.

Have you taken the consideration of looking at the inflation chart of Bitcoin? We know that Bitcoin only have a limited amount(number), about 21 million I believe, and there is a circulating supply. From what I can tell, as the Bitcoin's circulating supply decreases the demand increases therefore the price. A successful inflation so far I could say, every year the supply of bitcoin is getting thinner and thinner, but the demand, well don't start with me about that, we already know that its a bursting rocket.

[Sandijoee]

if I think bitcoin still has not reached its destination, because there are still some countries that still have not received bitcoin. The average is due to their respective governments. The government does not like bitcoin, because bitcoin can not be set by it. And always bring negative news about bitcoin so that their citizens are also carried away by them.

[Layers318]

Bitcoin still has a long way to go to hit its goal of being utilized by people to purchase goods and service. It is still young and more developments are yet to set in to enhance its usability. Looking at the predictions of experts like J. McAfee, Bitcoin is set hit $40K by 2021, and this should tell that Bitcoin still has a lot to achieve.

[lodcoling]

To me the goal is not fixed for bitcoin. If one goal achieved the another goal is set for bitcoin. As it is a continuous process the goal will not end. Suppose you won the world cup football 2014, that does not mean you do not want to achieve or your goal is not achieve the world cup football 2018. So, I think the first goal of bitcoin was to become popular. And I think it has achieve its goal. Now it’s goal is to spread all over the world and it will happen gradually. And there will come forward another goal. So, the bitcoin have to achieve many goal.

[rye18]

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 do believed bitcoin already reached it's goal because bitcoin is the top rank among all cryptocurrency since it was introduce in the market until today.

[TTITA]

Bitcoin is on its way to achieve its goal.
Bitcoin keeps trying in the market to achieve its goals Actually, Bitcoin is in the early stages of development and our line is still long. Though there have been hindrances here and there but bitcoin is still marching on to its goal of poverty reduction globally and counter the world unfair financial system where the rich always continue to be rich while the get poorer.
In general, the best public currency is still fiat and the best value is still gold. It's just that you and I are more or less dedicated in crypto, which is why we see the mix. But let's look at the world population and see the number of people involved in it. Not all! This is only partly secondary but the core concept is about using it as a payment system and we do not even have a sole trader who accepts Bitcoin as a payment system in most parts of the world.

[lehuong]

If the investors or members are supporters bitcoin and strive as well as try to get bitcoin can develop then the bitcoin will achieve the goal. can you tell me Has Bitcoin reached its goal?

[brontosaurus]

Bitcoin is on its way to achieve its goal.
Bitcoin keeps trying in the market to achieve its goals Actually, Bitcoin is in the early stages of development and our line is still long. Though there have been hindrances here and there but bitcoin is still marching on to its goal of poverty reduction globally and counter the world unfair financial system where the rich always continue to be rich while the get poorer.
In general, the best public currency is still fiat and the best value is still gold. It's just that you and I are more or less dedicated in crypto, which is why we see the mix. But let's look at the world population and see the number of people involved in it. Not all! This is only partly secondary but the core concept is about using it as a payment system and we do not even have a sole trader who accepts Bitcoin as a payment system in most parts of the world.

Bitcoin’s main goal was to develop a worldwide payment system without the involvement of intermediaries. I don’t think so this goal has been achieved so far and will also be difficult to achieve because people have started using it as a store of assets rather than currency. Also, in order to use it as a currency, very large adoption is needed and some supporting regulations, which we don’t have right now. Merely going to 19k has never been the goal of bitcoin or any cryptocurrency.

[Obito]

I don't think so that bitcoin reached its maximum goal. It never reaches the highest part of bitcoin that you can call as a goal. But it will happen as long as we believe in the process. And for the people who thinks that bitcoin will die it won't happen, we can't make it happen because its also our job to protect it from the people who wants to destroy it. Just wait for its goal to happen.

[cmacwiz]

Bitcoin is on its way to achieve its goal.
Bitcoin keeps trying in the market to achieve its goals Actually, Bitcoin is in the early stages of development and our line is still long. Though there have been hindrances here and there but bitcoin is still marching on to its goal of poverty reduction globally and counter the world unfair financial system where the rich always continue to be rich while the get poorer.
In general, the best public currency is still fiat and the best value is still gold. It's just that you and I are more or less dedicated in crypto, which is why we see the mix. But let's look at the world population and see the number of people involved in it. Not all! This is only partly secondary but the core concept is about using it as a payment system and we do not even have a sole trader who accepts Bitcoin as a payment system in most parts of the world.

Bitcoin’s main goal was to develop a worldwide payment system without the involvement of intermediaries. I don’t think so this goal has been achieved so far and will also be difficult to achieve because people have started using it as a store of assets rather than currency. Also, in order to use it as a currency, very large adoption is needed and some supporting regulations, which we don’t have right now. Merely going to 19k has never been the goal of bitcoin or any cryptocurrency.

No bitcoin still has to go a long way.It has started nine years ago.Although there are many users of bitcoin but still many people do not know about bitcoin.Bitcoin is banned in some nations while some nations are supporting it.Bitcoin is based on blockchain technology and has a risk of getting hacked.So it needs more security.It is very volatile and decentralised and is not backed by central banks too.Bitcoin requires internet connection which is not available in every corner of the world.

[bitadviser]

Not yet, but this marked the beginning of the blockchain revolution, so we have new coins they are developed, it is still far away from the goal, but it needs time to change old financial system, and smart contracts is a good tool for many cases of our life.

[Syunusa]

No bitcoin is still undervalue and i know for sure that it will increase in price and value in future time. Also we should not forget that is only minority that knew about bitcoin and by the time it will be accepted by many people, the price will increase drastically 

[allisonkeya]

Hmm maybe yes and maybe not yet, Since bitcoin has invaded the whole world and became popular everyday, it is the current best achievement of bitcoin, and soon someday bitcoin will have the chance to be the main currency of entire world,.

[Tagus45]

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.

No, bitcoin has not reached its destination, bitcoin will continue to grow and be used by people all over the world. When bitcoin becomes global currency then that's the purpose of bitcoin.

[youngsoft]

Bitcoin will keep on reaching its objective regardless of to what extent it will require investment on the grounds that there a few nations who restricted bitcoin thus to the extent the record and esteem is concern it far of for the bitcoin to achieve its objective yet unquestionably not feasible.

[multimix]

Bitcoin has great future and its goal not yet reached , there is long to go bitcoin , may be bitcoin can change the currency world economy also, lot of peoples are interesting in bitcoin.

[rickn]

Bitcoin is still far from achieving its goals. In my point of view, the main thing is to remain as a real investment option and a secure asset for earning profits.