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Author Topic: Has Bitcoin reached its goal?  (Read 5923 times)
Blackwhite69
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August 03, 2018, 12:01:51 AM
 #1161

To achieve Bitcoin's current goal is how we manage Bitcoin to be used in the future if we can not make it happen then Bitcoin fails to do its purpose because people will develop the benefits of Bitcoin.
Roksodhon
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August 03, 2018, 12:19:15 AM
 #1162

I think bitcoin has not yet achieved it’s goal. The number of people who know bitcoin is still low. But the most important purpose of bitcoin is that it can be used for all transactions that apply around the world.
bubblebubble
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August 03, 2018, 06:27:24 AM
 #1163

I think bitcoin has not yet achieved it’s goal. The number of people who know bitcoin is still low. But the most important purpose of bitcoin is that it can be used for all transactions that apply around the world.

Exactly, bitcoin is at start.
If you consider that now SEC approves use of ETF on Bitcoin, the popularity will increase and I hope with the use of the coin too.
euggio
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August 03, 2018, 07:09:42 AM
 #1164

  I think that over time, bitcoin will only increase its power, so I advise everyone to keep your coins! Big market players do not sell their coins, but try to get rid of small players and raise the rate as high as possible!
lumpum
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August 03, 2018, 08:17:59 AM
 #1165

if I think bitcoin still has not reached its destination, because bitcoin is still not officially in some countries, and automatic bitcoin still has not reached its real purpose, because to achieve that goal must be recognized in all country
imacool90
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August 03, 2018, 08:25:07 AM
 #1166

I have one apprehension that i don't think there is any fixed goal for btc. It has done wonders in the past and I am pretty sure it will do in near future, I am not going to lose hope and fingers crossed.
yousuf5
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August 03, 2018, 08:53:31 AM
 #1167

No Bitcoin hasn't reached the goal yet, Bitcoin supposed to be the world currency where everyone in the world can used it to buy anything, now the adoption rate is still low.so I advise everyone to keep your coins, Big market players do not sell their coins, but try to get rid of small players and raise the rate as high as possible! Many people have changed their own fate with Bitcoin. Therefore, every person has a good confidence in Bitcoin.
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August 03, 2018, 09:00:59 AM
 #1168

For me its a big no,because now its continuously helping us to change that world payment system,and bitcoin also was continuously helping us to change our life,like to help in our financial problem and so on.

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August 03, 2018, 09:31:29 AM
 #1169

I think bitcoin will only start its right path, after a few years we will see the real bitcoin power. when bitcoin reached $ 20k, I thought it was like a run-up point, it's not important that the price is now relatively low.

guybrushthreepwood
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August 03, 2018, 09:39:53 AM
 #1170

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 would say it depends what you define as its goal? I don't think it has any other than being an alternative decentralized payment system to the mainstream and if in that case then I think it has been a great success so far. It works great as a payment mechanism and probably even better than satoshi expected. However, it can always grow and get better. Obviously bitcoin is still only used by a relatively small portion of society, but hopefully that will change as time goes on and I still believe it's essentially early days for bitcoin in the grand scheme of things even though bitcoin is now over nine years old. I've always thought that some sort of world wide currency without borders would be great idea, but I really wasn't a fan of it being issued by some sort of central authority or bank which could obviously be manipulated or issued by them as they see fit. Bitcoin solves that by having a fixed amount ever coming into existence and being decentralized. I think it truly has the potential to be the worlds first universal and border-less currency. It doesn't matter what language you speak as mathematics is a universal language so 0.1 bitcoin is 0.1 bitcoin whether you're Chinese or American or are in England or Africa. Personally, my goal for bitcoin is for it to become that world-wide currency where you can travel the world, whip out your smart phone and pay for whatever you want with it. Once you can travel the world and buy the plane tickets and food in your hotel with bitcoin then I think it will have truly been a success and will have achieved my personal goal.

Zelezinskyi
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August 03, 2018, 10:22:56 AM
 #1171

Bitcoin is in the early stages of development, and our line is just beginning. Recently, new reliable projects have begun to appear that support Bitcoin
Slayer21
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August 03, 2018, 10:40:58 AM
 #1172

Has bitcoin reached its goal, of course not. Bitcoin have not reach its goal,the goal to be the world currency,the goal to be accepted by all nations.so it have not been reached towards its goal.
Michael Thomass
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August 03, 2018, 10:51:28 AM
 #1173

I think not yet. Bitcoin has became popular, many people use it for different purposes but we still see some disadvantage: hacking, banned in some country .
Jennifer Daviess
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August 03, 2018, 10:52:10 AM
 #1174

In my opinion Bitcoin hasn't reached the goal yet, Bitcoin is supposed to be the world currency where everyone in the world can used it to buy anything, now the adoption rate is still low, and the government keep on blocking the adoption, and the Bitcoin feature itself still not yet ready, the speed and the fee still troublesome, so I think it needs more time to adopt this technology.
John Williamss
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August 03, 2018, 10:55:34 AM
 #1175

I think Bitcoin is still very young and it need to grow before it can fulfill its destiny of becoming a form or medium of exchange in buying goods and services in any society. Today there are still few users in the world and mostly of the bitcoins were ate the hands of the big whales. As long as bitcoin is not distributed to the masses and it is not used in daily activities in life then bitcoin have not reached its full potential. Remember it is not about the bitcoins price but is about its purpose.
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August 03, 2018, 11:11:24 AM
 #1176

I think from the day the bitcoin was develope and launched, the bitcoin has already reach its goal into the cryptoworld and the entire digital world ,but in the other side the bitcoin has to accomplish to be accepted in all government all over the world ,and if it will be realized then that is the the final finish accomplishment of bitcoin.

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Patpro
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August 03, 2018, 11:13:38 AM
 #1177

With respect to Btc being a legitimate legal tender, it hans't got there yet but  I don't think that is the goal of Btc in the first place. Btc is still very young and Ibelieve as it matures, it will become legally accepted across the globe.

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wiik
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August 03, 2018, 11:24:26 AM
 #1178

To my knowledge , the founder Satoshi Nakamoto want to create a digital money that no one could regulate ? I mnot sure but i believe thats his idea . A decentralised money system thingy , im not quite sure but on that aspect i believe bitcoin already reached that goal .

Most of the people however just want to talk about the value , couldnt blame them . Theyre just here for the money not for the technology .

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August 03, 2018, 11:24:42 AM
 #1179

To my opinion Bitcoin has done a big jurney from the begining until now but still the goal is not acomplished yet.
There is still a lot to be done regarding acceptance, regulations, technical issues and to become more equal to fiat currencies, accepted by economic system and similar.

Rambukwelle
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August 03, 2018, 11:25:41 AM
 #1180

No I don't believe Bitcoin have achieved at least 10% of this goal so far. Bitcoin got a very far and tough journey to replace typical currencies and reach mass adoption. Technology should develop more and more. More space for reaching technology means more space for reaching Cryptocurrency for ordinary people.

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