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Author Topic: Has Bitcoin reached its goal?  (Read 5923 times)
uzumaki
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July 27, 2018, 01:15:40 AM
 #1021

The adoption is keep going, although there are many obstacle that bitcoin facing now but many new people that use bitcoin law, although most of them are speculative imvestors who dont really want to use bitcoin to buy goods. I think bit oin will not used by all people on the world, there will be only some percentage of world population who use bitcoin, government are not really agree with thr idea of bitcoin although some of them are embrace blockchain technology, they will create their own currency that they can control.
letsfly
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July 27, 2018, 01:21:43 AM
 #1022

Bitcoin is still young and there is still a lot of people who doesnt know or use btc. I believe btc havent reach its potential. There is still more to it.

DoublerHunter
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July 27, 2018, 01:25:53 AM
 #1023

Bitcoin is still young and there is still a lot of people who doesnt know or use btc. I believe btc havent reach its potential. There is still more to it.
That is right, bitcoin is still in the long run and we can really see that in the growth of bitcoin, it is still on the low price and i believed that it should be at least 30,000 USD for the price per one bitcoin and to answer if bitcoin already reached its goal then for me, not. Bitcoin has a lot of space to grow and it is just getting started.
princeyeboah
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July 27, 2018, 02:02:46 AM
 #1024

Bitcoin has not reached its goal as it is not known to every part of the world. Also, there are several BTC yet to be mined. According to predictions from crypto experts like J. McAfee, Bitcoin is set to hit $50k by 2021.

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Jerzzz
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July 27, 2018, 02:07:21 AM
 #1025

Bitcoin hasn't reached its goal. However, it has achieved some giant strides as at last year when the price got to 20,000 dollars. Bitcoin is yet to achieve the main goal of what it was created for( to be used for transactions day by day). Bitcoin is set to go mainstream in the coming years as many people would be users of bitcoin in the future.
nx24tan180n
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July 27, 2018, 02:18:24 AM
 #1026

I think bitcoin has partially reached its goal, it reached a peak value that amaze the many last december. I believe that it will overcome its past peak value in the near future.
deppil
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July 27, 2018, 02:19:18 AM
 #1027

Bitcoin is still young and there is still a lot of people who doesnt know or use btc. I believe btc havent reach its potential. There is still more to it.
Thats absolutely true. compared to gold that has been thousands of years old. bitcoin is still corn-aged. bitcoin is still very young and of course there is still a lot of potential that is on bitcoin. and you're right there are still many people who have not joined and are not familiar with bitcoin
olalaMaty
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July 27, 2018, 03:28:41 AM
 #1028

bitcoin will achieve the price target as well as they will be getting more and more investors looking for more investors to join us to make the bitcoin more meaningful and valuable to get the support of many people
AliciaHenry12
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July 27, 2018, 03:43:05 AM
 #1029

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.




Can you give me some information about this metric? I also need to refer to this information with another coin.
Thanks!
Fariz16
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July 27, 2018, 04:54:08 AM
 #1030

I do not think so, because there is still a lot of bitcoin for PR to achieve its goal.
one of the purposes of bitcoin is as a legitimate currency in some countries, but some countries still do not dare to take risks to legalize bitcoin as their currency
CityLife Corp.
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July 27, 2018, 05:00:42 AM
 #1031

apparently, it has not reached yet. as you know, the number of bitcoins - 21 million predictions from experts say that all 21 million will be produced in many years. The reason for this is an increasingly complex solution of mathematical problems when creating blocks of bitcoins. in the process it can be concluded that the virtual coin of the established limit will not reach. but this is a technical matter. as for the price - the forecasts are different and, judging by the increasingly difficult production of bitcoins, each time its price will increase due to energy costs and intellectual forces of the miners.
hot_ads
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July 27, 2018, 05:06:37 AM
 #1032

The BTC has no current price target of 1/3, so it only needs to wait for the rise of BTC now, and BTC can also be a long-term speculation product.

fipper
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July 27, 2018, 05:24:40 AM
 #1033

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.




growth and development of all the bitcoin from the investors themselves, bitcoin created by the needs of economic systems that use the development of the times and technological developments that demand also the developing economy
kolsernik
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July 27, 2018, 05:33:22 AM
 #1034

Nothing stands still.The same is true of cryptocurrencies.Altcoins are developing and I see a huge potential in them.
acord00
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July 27, 2018, 05:33:53 AM
 #1035

Bitcoin has not achieved its goal at all. Bitcoin is still pioneering its pace to become a legitimate and recognized world currency. Like a tire in a vehicle, bitcoin is still in the stage of pumping the tire and has not started running. Bitcoin still needs to do a lot of improvements to achieve its goals. Bitcoin challenges to achieve its goals are numerous. Moreover now many emerging coins that compete with bitcoin to gain public trust.
greshma_george
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July 27, 2018, 05:45:25 AM
 #1036

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 have to agree that there are chances that fiat currencies are going to be completely replaced. Many countries all are around the world have already started their entire revenue buildiing with cryptocurrencies, for eg Malta. So here, the govt. has already agreed to legitimize the currency!
delightme
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July 27, 2018, 06:18:57 AM
 #1037

Bitcoin has not reached its goal at all. Bitcoin is still original and rightful and recognized in the whole world  as a currency, bitcoin is still in the stage of pumping. Though  we  don't know what the price is going to be in the next 2025.  bitcoin may no longer available in the market it may look impossible to everyone, but it is possible. Bitcoin also has a price goal.  Bitcoin still needs to do a lot of improvements to achieve its goals. Bitcoin challenges to achieve its goals are numerous. Moreover now many  coins are competing  with bitcoin to get trust from people.
irfandi hasan
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July 27, 2018, 06:19:03 AM
 #1038

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
the same thing as you. bitcoin my country is also not valid. So it was still of the bitcoin is not acceptable in all countries and to say bitcoin reaches its destination it is still not
semutracing
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July 27, 2018, 06:27:47 AM
Last edit: July 27, 2018, 07:11:32 AM by semutracing
 #1039

I think bitcoin is still far from its main goal of giving. Bitcoin must be a world currency where anyone in the world can use it to buy anything.

it is true that bitcoin travel is still long, but until now bitcoin is half way through bitcoin reception to one of the payment systems in some countries that legalize it, but if bitcoin becomes the main currency around the world, I think it is not the main purpose of bitcoin. because I think bitcoin is trying to introduce blockchain technology whose value can not be influenced by any country so far from the corruptors
juragane
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July 27, 2018, 06:46:01 AM
 #1040

I think bitcoin has almost touched the purpose of the bitcoin because it is already available to receive payments using bitcoin but there is still a ban on the use of bitcoin so it makes the bitcoin to be unable to achieve its goal 100%.

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