Has Bitcoin reached its goal?

[adjong]

for me it's probably yes because many people have achieved a good life just because of bitcoin, anyone or where bitcoin reaches this goal to people how to grow and deal with bitcoin helped a lot even if you do not have this job you can grow it as long as you know the bitcoin performance you can get your goal live with bitcoin.

[ViktoriaM]

Bitcoin is very dependent on the news, now they have posted Satoshi Nakamoto's "Anxious Key" at the bitcoin conference in Lisbon - that's not growing. There will be another news report, for a good uplift of the exchange rate / confidence, which will raise its price very much.

[deepakg2m]

I think that yet, Bitcoin has become popular, many use it for different purposes, but we still see some shortcomings: hacking, banned by some country. Bitcoin is only about 10 years old, and I do not think this is enough to achieve the goal.

I think you are right. If BITCOIN is able to overcome these problems somehow then BITCOIN can become a currency of the world, that is, accepted everywhere. And then may be its goal will be reached.

[NelfiNovita]

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 yet, the purpose of bitcoin is still far away because it has not been legalized and some countries forbid it, and there are some countries that do not yet know what bitcoin is. so I think the purpose of bitcoin is still long and it will take a long time to achieve it all.

[taeewo]

It hasn't at all, we shall be saying it has achieved much of its goal when we see top merchants like amazon eBay etc accepting it as payment gateway and also been legalized by many countries....

[maneka]

Bitcoin is on the rise more powerful, maybe bitcoin can change the world currency economy, many people are very interesting about bitcoin and many people believe that bitcoin will change the currency market and we can see a new world economy in the near future

[twthmoses]

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 was never meant to be an ssest in the first place. People began to buy bitcoin because of its value. Bitcoin was made to be like fiat money only decentralized. So in terms of reaching the goal I think bitcoin has a long way to go before reaching its goal.

Very well said! I too believe it was meant to replace, at least live side by side, with fiat money. In that sense it’s a long way from its goal. And btc fee is the very thing that prevents it from fulfilling its goal.

[lucy94]

I don't think so, not anytime soon.

[gerasimo]

I can say it reached its goal when it will be recognized as a new currency, a stable one, and be used globally and accepted by everybody. ofcourse all supply will already be mined and all the 21 million coins will be in circulation

[lucy94]

I think it has a long path to still walk

[Daboy_Lyle]

I don't think so, not anytime soon.

Bitcoin already reach its goal but bitcoin has a lot of goals especially to traders. Bitcoin become useful for everyone. Its being used a financial support. The goal it self was supporting bitcoin in order to achieve it.

[auliani2000aa]

this is very possible, taking the only chance to achieve a desired point or goal against the bitcoin currency is very dependent on you and how you use it or you work hard from it. many people who participate in the currency expect the best value and expensive, but we should all have more bitcoin vision and mission to the people to get the best value. the conclusion that to achieve this goal we must be patient and work.

[voron84-05]

I believe that bitcoin has achieved its goal. As far as I understand its original purpose was to become an alternative financial system and compete with banks. Today, we can observe how the banks themselves begin to introduce into their work the technology on which bitcoin is built. Perhaps this was the goal.

[Xorobar]

Bitcoin has a purpose? I thought bitcoin is only used for speculation and the goal of "reaching 250K dollars" is too vague and causes me to doubt.

[innocentlamb]

Nope, Bitcoin has a long way to go till it reaches it's goal and all of us know that this goal is the moon! The whales pumped the price, profited like crazy from it, then they dumped it so they can acquire more and they will pump it again by the end of 2018.

[Fourgh]

No really knows. Maybe Satoshi Nakamoto can tell us if Bitcoin's core existense has already reached it's sole purpose. What we know will maybe just the first layer why Bitcoin was created. The other purposes would be from the ones who created Bitcoin themselves..We dont even know if Satoshi is an individual or a group.

[Qeupe]

All I know is bitcoin becoming popular now, but it's still young. You can not just conclude that bitcoin has reached its goal, because there are still many weaknesses and not dominant use in many countries.
But I hope your statement about bitcoin prices to $ 250k /coin in 2022 can be a reality

[jocker00]

the path that leads to the goal is just started,its the beginning of a new world.bitcoin will take the currency world jusr like it took the crypto currency world one day.i think the day is not that far.i think many country has started to use bitcoin as their daily life currency .it has brought a great deal of peace in their life by easing the method of currncy now they can easy use a lot of money without facing any problem.and other country's is getting inspired from them .it is not so far away that every country will use bitcoin as their currency in daily life.

[Valer4ik]

Deep correction of the digital money market is connected with the launch of futures for the first crypto currency, the market began to get cheaper due to the fact that in December last year on the stock exchanges CME and CBOE were launched futures contracts for bitcoin.

[Core.BUSTER]

I think Bitcoin reached its goal since there are lots of users of Bitcoin now. Bitcoin goal is not about the price. Bitcoin goal is for people. They makes people use Bitcoin in accessible way and for this, it is one of the goal of Bitcoin. Bitcoin helps people in manh ways.

Bitcoin is very helpful cause lot's of people now depend on bitcoin cause it gives job with high income and lots of people are are interested to join in bitcoin . I think the goal of bitcoin is to give people happiness and is not the price value and we know in bitcoin have big chance to change your life to become better and successful in the future.