Has Bitcoin reached its goal?

[win365]

I think that bitcoin was something like sleeping all that time until 2017, so what I mean is that bitcoin is only begins its way to accomplish the goal of it, we are about to see amazing things in near future related to Bitcoin.

[CharlieAdoring]

Yes bitcoin already reached its goal last year with its highest value of all time. I believe that will be the last time reaching that value. Now bitcoin value will now play on the 5k to $10k. BItcoin already helped a lot of users, now is the time for other altcoin.

So true , bitcoin is starting overload and clearly show the limit of itseft , now is the time for other altcoin .

[Enijesiku Sulaimom]

I dont think its working as inflationary alternative to government fiat currencies, I mean that change is not even observable in the current era. Fiat is still the strong hold and tell you what gold is still the best asset in this world no matter what you talk about the bitcoin or what price bitcoin has got today.

In general public the best currency is still fiat and best store value is still gold. Come to think of it, how many salary earner knows how bitcoin works, It is just that you and me are more or less dedicated into crypto that's why we see the vision of it. But come on look at the world population and look at the number of people involved in bitcoin, i can tell you less than 20% of my country population knows about bitcoin.

[David bente]

Bitcoin has a ways to go before achieving its goal of being an alternative to fiat currencies issued by central banks. Unlike fiat currencies bitcoin cannot be printed at whim. The main hurdle right now is scaling, which within the next year or two will be overcome.

[moirasheeran29]

I think the main goal is to be a very new and very reliable kind of currency and to be a new kind of payment method, if bitcoin becomes mainstream and legalized worldwide then i think we can say it has reached its goal.

[Genamant]

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.

This is still very far from reality. Bitcoin is for money transfers and the likes. But now it is made as an investment and a money making machine. It is not at alo bad but it is far from its intended purpose.

[GideonGono]

I think that bitcoin was something like sleeping all that time until 2017, so what I mean is that bitcoin is only begins its way to accomplish the goal of it, we are about to see amazing things in near future related to Bitcoin.

When the bitcoin awake on the year 2017, the bitcoin was still slept again and I don't know when it going to awake.  Bitcoin doesn't have any goal because when you reach a goal, there are more goal begin to accomplish it so there's infinite goal await and no one who reach their final goal and also on bitcoin. 

[dilemamis]

Because nobody knows for sure the ultimate goal of bitcoin. It can not be called a full currency, like dollars or euros. But at the same time, BTC fulfills the task of popularizing cryptocurrency.

[BIOX]

of course no. BTC has a lot of potential though. There is a big question with government regulation and this can influence a lot. But  I think BTC can rise higher

[IndigoRed]

Bitcoin and other cryptocurrencies have a long road ahead of them. We need regulation, proper taxation laws and of course, converting all our assets to bitcoin. There’s a lot of preparation that needs to be done for crypto to replace fiat. But I do believe we’re on the right track, especially with banks adopting crypto and the growing number of merchants accepting bitcoin.

[sinthia1234]

Bitcoin and other cryptocurrency have a long road ahead of them. It can not be called a full currency.

[GawirZZ]

I think bitcoin has almost reached its goal by becoming the world's crypto currency indu. and slowly bitcoin prices are also getting better. but bitcoin can not convince all state governments to make bitcoin as currency.

[FO4R]

it hasnt able to reached its goal because bitcoins still facing ups and downs of its value which makes its value lower in the market.There are also statistics which shows that cryptocurrencies and other alternative coins faces lower value today.But when bitcoin reaches its goal,lucky those people who hodl and they can exchange their bitcoins anytime they want.But today,we have to patiently wait until bitcoins raised its value.

[Wong owah]

Until now bitcoin prices have not been headed to its destination, bitcoin prices are unlimited, I believe bitcoin is sure to be everyone's enthusiast, because its bitcoin prices are stable.

[Aris novianto]

until now the bitcoin price in the market has not yet reached its destination, because the bitcoin price is actually very high even not even limited, I believe that bitcoin becomes the most high coin its price

[joshuab028]

There are no enough proofs to say that bitcoin has really reached its destination. Maybe there are those who can really proof that it has already but there are still more who do noy believe in it. And there are some who are still afraid of it because of the notion that it is a scam. But then I believe, bitcoin can really reached its destination in a specific time

[KimmyF]

Well, for me to say an answer regarding this question whether the Bitcoin already been reach its goal, my answer is no. Because even how popular the Bitcoin now, I think they still have something want to achieve here in the world we are living. Something like being able to use this crypto currency in all the countries and become the legal payment method of all the people to make more convenient and efficient way of financial transactions.

[Blackwhite69]

I think that bitcoin was something like sleeping all that time until 2017, so what I mean is that bitcoin is only begins its way to accomplish the goal of it, we are about to see amazing things in near future related to Bitcoin.

When the bitcoin awake on the year 2017, the bitcoin was still slept again and I don't know when it going to awake.  Bitcoin doesn't have any goal because when you reach a goal, there are more goal begin to accomplish it so there's infinite goal await and no one who reach their final goal and also on bitcoin. 

It seems you are very worried and disappointed with the price of Bitcoin in the current year because it is much different from the price of Bitcoin in 2017 but do not be sad because it can happen this year.

[Intensity13.6]

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 still not yet reach it's goal as digital currency because it was not accepted and recognized in other countries even bitcoin is very popular. Aside of being the best digital investment i know that the goal of bitcoin is to be accepted and use all over the world but it will takes time before it will happen.

[ashfer]

Bitcoins are in its infant stage it has to go a very long way further to reach its goal. Because out of the world population a very few percentage of people are capable of handling  bitcoins technology through the electronic and the computer.For handling the bitcoin one should aware the computer literacy for that the young generation they are capable of studying it and the business community , the global investors are capable of handling it.Though its popularity is wide spreading world wide because of its special features.Bitcoins technology is one of the greatest invention of the century.