Has Bitcoin reached its goal?

[Kirito-kun]

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.

We have the same thought, I think bitcoin hasn't reached its goal yet. For me, I can only claim bitcoin if it becomes a successful alternative mode of payment and if it becomes legalize across the world. Perhaps it is attainable however, it will take time for other people to understand and cope up with this technology. Besides, Bitcoin has many weaknesses and need a lot of improvement yet so we can't claim that it is perfect enough. In conclusion, bitcoin is not been yet reached its goal.

[maipham481514@gmail.com]

If we consider the main goal of Bitcoin to be used in all the transactions and deals, bitcoin has not reached its goal. But note that it takes time to bitcoin replace the fiat we are using and it is normal.

[Redhead5]

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.

We have the same thought, I think bitcoin hasn't reached its goal yet. For me, I can only claim bitcoin if it becomes a successful alternative mode of payment and if it becomes legalize across the world. Perhaps it is attainable however, it will take time for other people to understand and cope up with this technology. Besides, Bitcoin has many weaknesses and need a lot of improvement yet so we can't claim that it is perfect enough. In conclusion, bitcoin is not been yet reached its goal.

Find good explanation with all of your thoughts here. In addition bitcoin has not yet definitely reached its goals because there are still some areas in the world that did not know yet the existence of bitcoin and it takes long time that this platforms will be regulated and legalized.

[Haryourmi]

To me, bitcoin is yet to reach its goal. To me bitcoin just start its work, it is yet to reach any thing. Its just there starting point and bitcoin is still going to an higher level that will surprise everyone.

[Fmradio98]

Not at all. They are still coming up. Bitcoin hasn't  reached their goal by bringing people all over the world to invest equally. I think they'll get there soon

[killat]

Btc has not reached its goal yet if this is to become a currency and/or to replace cash money.

I don't think that Bitcoin can replace the normal cash. It can be a additional mainstream currency but it can never replace the tradional cash.The reason is that you need to convince the entire world to start using Bitcoin. There are still many countries that don't know a single thing about cryptocurrency.

[lamcouz]

With bitcoin price less than 10k, it is better to take advantage of it and but some bitcoins so long as you have the financial capacity to do so and that you are willing to take the risk of investing in it. I am currently holding on my bitcoin and waiting until its value reach my target.

[Ruffian1314]

I don't think bitcoin has already reached its goal and maybe its too early to say that because Bitcoin is running for 1 decade since its started and that span of time is too short to show its true potential in finance industry.

[MatthewNaccarato]

Nowadays btc has huge potential in global market and it already used in different sectors. But in reaching its goal btc need some time.

[Jackolantern]

I think that btc will reach its goal later, not today, to my mind it will happen sooner than we can expect even. to my mind btc has many goals and one of them is to become the leading coin ever

[noneedmoney]

I think the purpose of bitcoin is no limit. because bitcoin also has a high rising potential and could exceed 2017.
we would not have anyone know what's going on with bitcoin in the future. maybe we can only think and predict it. but our predictions are not necessarily correct.

[12tribes]

Bitcoin is just 10years old and some folks are beginning to think that the bitcoin has accomplished its purpose? Far from it. The bitcoin is set to take new territories and conquer new nations whose economic policies and analysts seek to discountenance and disregard the future in financial transactions which is the bitcoin. The revolution has just began.

[warrior.coins22]

it's hard to answer about bitcoin goals. I just focus on studying the current bitcoin, not yet able to conclude what the purpose of the actual bitcoin. as a new user, curiosity must be in this mind. but that does not become a reason for me to be lazy. I will continue to learn and learn. and I think that time will answer later on the purpose of BITCOIN.
I say to satoshi nakamoto who has released this bitcoin.
Thank you very much. arigato

[team87]

even to this day maybe no one knows for real. what is the purpose of the real bitcoin. it may be concluded that bitcoin will be a substitute for the currency in the future. with advanced technological advances.
 

[privedvelosiped]

I think the goal of the bitcoin Creator was to make bitcoin the number one currency in the world. At the moment, bitcoin is on the 3rd place. Therefore, very soon, an important goal will come to your home and bitcoin will become number 1

[ay0d1]

Every year adoption of bitcoin is on the rise as result of its usage. Few more people are getting to know about it while many are still not aware of its potential. The more bitcoin gain more popularity the more chances of attaining its goal of being able to be use as a means of payment. Hopefully next ten years down the line will be able to prove that.

[Herbys]

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 created in order to eliminate all the disadvantages associated with the standard payment systems to which we are so accustomed.

Fixed some disadvantages, others will appear.

As a currency, Bitcoin has not yet realized himself.

[RAinery]

Until now I think bitcoin is being processed towards the main purpose of bitcoin itself. But no results betray the process from it all. So far the bitcoin is on stage to be even better in my opinion...

[bat11]

I don't think so. In fact I think bitcoin is not yet on its full growth status. I think bitcoin is just starting to unravel itself and introducing itself to the public.

[Undermood]

Bitcoin's goal is to be the biggest coin,  as it is now. But I don't think it reaches the price target. I do not think in 2022 will be $ 250,000. I'm not sure if this will happen.