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Author Topic: Has Bitcoin reached its goal?  (Read 5948 times)
Cobrak777
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August 05, 2018, 06:58:57 PM
 #1221

Bitcoin doesn't reach there goal because they want a future , they want that the years pass by bitcoin will not disappear but they want to make themselves grower as the year pass by . We dont know that bitcoin will control the world in the future and that is there goal.
km4700ruda
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August 05, 2018, 07:06:15 PM
 #1222

I think bitcoin and all cryptology are still at the stage of origin, you should not be in a hurry with this matter.
AnnaGeraMsk
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August 05, 2018, 07:16:07 PM
 #1223

I think that bitcoin changed the world and its economic composition, all now, on the other hand, it just broke through all spheres of business
Himanshu111
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August 05, 2018, 07:23:35 PM
Last edit: August 05, 2018, 08:11:30 PM by Himanshu111
 #1224

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 the purpose of bitcoin is not the high value that bitcoin achieves, but the purpose of bitcoin is as a global currency that can be used as a payment method all over the world. And it looks like bitcoin has not been able to achieve its goal, because bitcoin is more used as an asset.
No bitcoin has a long way to go still.Its price is very down and is not able to recover from a very long time now.We all know that bitcoin has a lot of potential and capability to create new records.2017 was the year of bitcoin and people are expecting the same in 2018 also.Bitcoin's price also depends on a number of factors like the demand and supply forces,investment done in bitcoin,bitcoin mining etc.People need to keep paitence in matters of bitcoin as everything takes time.
kodtycoon
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August 05, 2018, 07:24:06 PM
 #1225

I don't think so, bitcoin still has to grow and be accepted by all people. Currently there are still many people who do not trust bitcoin but the growth of bitcoin so far I think has been very good. So let's wait for what bitcoin will look like in the future after the last coin is mined.

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mekie
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August 05, 2018, 07:27:46 PM
 #1226

Did Bitcoin ever have a stated objective or goal? if so I don't think many people myself included know what it is. We understand the basic concept and can see it's value and application in potentially many fields of human endeavor; and admire the very cleaver men and women behind the various crypto technologies. But there is a big caveat-just as splitting the atom has given us many peaceful uses of neculier technology, it also gave us the horrors of nuclear war. Crypto has the power for great good but also great harm.    

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ponni92
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August 05, 2018, 07:41:59 PM
 #1227

When bitcoin will be legalized all over the world, and recognized as a real currency i think that time bitcoin reached its goal.
solnce010515
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August 05, 2018, 07:46:14 PM
 #1228

Bitcoin is something new and innovative. There are new users coming to it. It’s peak will come when some other technology overcomes Bitcoin’s innovations. I don’t see the peak coming in the next 5 years.
solnce010515
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August 05, 2018, 07:47:05 PM
 #1229

No it hasn’t. Nothing can stop it. The great Jamie Dimon tried to stop it and it didn’t work. Bitcoin to tha moon.
Yarsk
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August 05, 2018, 08:00:32 PM
 #1230

I believe bitcoin is still a work in progress and at that despite what bitcoin is being able to do as the king of cryptocurrency and a determinant factor for any growth in the crypt market, bitcoin is about to reach it goals but with time.
Sandus_Cryptolover
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August 05, 2018, 08:08:26 PM
 #1231

At the current moment, Bitcoin is still very far from it's mission. Though moving gradually impacting users and investors all round the world but until the governments of majority of the countries recognise and accepts what it has to offer then it will continually be under the shadow.




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.





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macartem
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August 05, 2018, 08:10:48 PM
 #1232

I think bitcoin hasn't reached its goal. Because the purpose of bitcoin I think is accepted by every country as a legal payment instrument. But bitcoin hasn't reached that. And bitcoin still requires a lot of time so that all that can be achieved.

Of course all this can be achieved, but a lot of obstacles arise in the way. I think that soon the government will understand their mistakes and resolve bitcoin
bachus
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August 05, 2018, 08:11:06 PM
 #1233

I think that bitcoin would not be reaching a goal in near future because it has not developed to that point to perform that. it was developed to become a crypto (!) currency, and as far away from being one, that we use.
CKdexter
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August 05, 2018, 09:57:38 PM
 #1234

Bitcoin has not reached it's goal yet because it is not used as a mainstream form of currency to spend. When lightning is released then it is possible for the dream to be reaslied, otherwise we have to rely on altcoins to do the job
Vsamuel
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August 05, 2018, 10:06:20 PM
 #1235

If by Goal, i want to believe you mean "Serving its primary purpose of helping people transfer money easily over the internet and serving as a store of value", then in my opinion, I am pretty sure Bitcoin has fully reached its goal. Currently, Bitcoin is the most patronized cryptocurrency that serves largely as store of value (coin for investment). Aside this, it also one of the most suitable/convenient means to transfer/make payment over the internet.
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August 05, 2018, 10:14:17 PM
 #1236

As I think, the main goal for bitcoin it's global financial system. But, sadly, I don't belive that this can happen next 50 years. How knows?

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August 05, 2018, 11:07:55 PM
 #1237

At least bitcoin shows that he is able to survive even though many doubt it. Even bitcoin has increasingly existed and given the shock to the world with its fantastic price increase at the end of 2017. Building trust, that's the key that must be obtained.

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sweetwine
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August 06, 2018, 01:51:37 PM
 #1238

Bitcoin has been drawn a lot of prospect in the next future. As for me, Bitcoin still has some disadvantage such as: not stable, hacking or get banned from some countries. If Bitcoin want to reach its target, it need some big step from the developer. they need to make btc to be more popular in real life and there are more useful application that run under this coin. 
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August 06, 2018, 06:42:44 PM
 #1239

Not at all,  the main aim of bitcoin is to make cryptocurrency a global means of exchange but this is a great tax which will take many years be4 this can take place because if technology  and internet system.

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August 06, 2018, 08:19:03 PM
 #1240

We should not forget that is only minority that knew about bitcoin and by the time it will be accepted by many people, the price will increase drastically.
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