REF Crypto
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July 27, 2018, 07:06:25 AM |
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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'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022). Are you sure? |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Mat_Myers9844
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July 27, 2018, 07:14:48 AM |
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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 am still worry about Bitcoin. In my country government banned the Cryptocurreny and I am worry about it. |
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PIR
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CRYPTOBLADES Octoblades 10.10
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July 27, 2018, 07:18:58 AM |
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I think bitcoin hasn't reach its ultimate goal yet, which is to be part of the world currency up to know there are still many countries do not accept and recognize bitcoin to become part of their currency or system, that is why bitcoin cannot be legalize or become legitimate to many countries.. and also the market is still unpredictable.
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AfterTheFork
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July 27, 2018, 07:22:30 AM |
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WELL, when it comes to targets, i don't think anyone ever expected BTC to ever hit $20K MARK, Which it did at some point in time, i believe the coin has exceeded most people's expectations, in as much as its currently struggling, the miles it has cover is very impressive and i believe there is still more to be expected from it
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ripaex (https://ripaex.io/)
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royalcrypt
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July 27, 2018, 07:31:41 AM |
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One of the most important goals is mass adoption which is a long way to go and also have many issues like longer transaction time, fluctuations in fees, high volatility in price. All these would be resolved over time of course and then we can finally say that bitcoin has reached its goal.
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mathew232
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July 27, 2018, 07:36:04 AM |
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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 am worry about the future of Bitcoin because in many countries government government banned the transaction of Cryptocurrency. |
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hoamoclan
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July 27, 2018, 07:37:23 AM |
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For me, to reach one's goal. it must be a process. Bitcoin now still hasn't reached its goal but i believe it's not take long time to reach.
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Ankhang2016
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July 27, 2018, 08:15:18 AM |
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The price is always wrong, investors are always low, anxiety forever
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Photographer
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July 27, 2018, 08:19:34 AM |
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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.
If we consider Satoshi Nakamoto's whitepaper, I wouldn'y say that Bitcoin has reached its goal. It is not a real currency, it is barely used to buy goods, but it has instead developed as a store of value, a sort of digital gold. Which may make you rich, but it was not its goal. |
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salalaman
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July 27, 2018, 08:21:02 AM |
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Saying that Bitcoin has reached its final destination or goal will be wrong. Though bitcoin price most at times and in some cases determine the price of other altcoins. To me bitcoin will achieve its full goal when the whole world especially the governments of the various countries legitimize its use and accept it in any transaction.
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BitcoinInt75
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July 27, 2018, 08:36:30 AM |
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The final price of the BTC will still be an unknown, since its main objective is to be used and recognized by all the countries of the world. In that situation its potential could reach a market cap of $ 50 T to $ 175 T.
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bagaiskwpps212
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July 27, 2018, 08:42:50 AM |
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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.
What are your figures for $250,000 in 2022? Can you give me some information about that info? In my opinion, to reach the figure of $250,000 is an impossible figure |
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Crystal24
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July 27, 2018, 09:08:31 AM |
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Bitcoin is just starting and you are talking about reaching its goals.
The ride is about to begin.
I believe that bitcoin would be widely accepted as a medium of exchange in no distant time.
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135cc
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Your professional profile on the blockchain
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July 27, 2018, 09:14:22 AM |
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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.
In my point of view, bitcoin still not reach its goal. Because in the proccess, there are some country that banned bitcoin and can not believe in the bitcoin technology. But, we can not close every possibility that might be come, im sure in the future, bitcoin can be the best alternative for financial world. |
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panosdada
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The Premier Digital Asset Management Ecosystem
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July 27, 2018, 09:30:49 AM |
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I doubt that the Creator of bitcoin created it for speculation, but now people use bitcoin only to earn money. Therefore, I can confidently say that bitcoin is far from becoming a world currency.
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quynhnguyenlove
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July 27, 2018, 09:33:31 AM |
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There will be a good future for the development of bitcoin. Looking forward to a bright future
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anggada18
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July 27, 2018, 09:41:56 AM |
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If you discuss price is not a goal but speculation, the goal is how bitcoin can be used in everyday life. the goal makes us easier with all its potential,
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digitalgame4life
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July 27, 2018, 09:45:33 AM |
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No Bitcoin has still not reached its goal, there are alot of ways bitcoin can go, it can be a store of value amongst many people over the world (globally), it can be used as a payment method in stores, airplanes, etc. etc., also Bitcoin has not reached its full price of what it can be, late last year we have seen what can happen to the market in less than 3 weeks when bitcoin went form 7k to 20k in less than 3 weeks, in the coming decade don't you think that will happen again? surely it will, therefore bitcoin has by far not reached its goal.
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airinnesmith26
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July 27, 2018, 10:10:35 AM |
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If it becomes legalized globally i think that is the ultimate goal for now.
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bitterdog
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July 27, 2018, 10:16:15 AM |
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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.
To be honest, in my perspective, bitcoin is not reached its goal yet. Because, in some aspect bitcoin is still have some weakness, beside that if the initial goal of bitcoin is to be the best alternative of financial system in the uture, bitcoin is still hard to understand by some people. Maybe according with the time, bitcoin can be more open by many people. |
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