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Author Topic: Has Bitcoin reached its goal?  (Read 5925 times)
kukurikapu
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August 16, 2018, 07:45:36 AM
 #1381

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.





For me, bitcoin is still on its way and I think it will still be very hard since a lot of people are still denying or do not accept bitcoin because of the different negative issues being thrown to it. Still, we are hoping that people will eventually come into realization how worthy bitcoin is.
tyas pur
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August 16, 2018, 07:56:36 AM
 #1382

Bitcoin is indeed one of the main coins for investment.
The high value of Bitcoin prices and Bitcoin being the highest coin price is one of the most expensive coins among other altcoins.
I think Bitcoin has a big influence on other coins.
Many investors are investing in Bitcoin because many think Bitcoin provides many benefits.
bitcoinveda
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August 16, 2018, 07:57:29 AM
 #1383

Bitcoin has not reached its full potential where businesses will integrate it into their payment methods. Bitcoin is still young yet making it way through many sectors of our lives. Several developments are yet to enter this Blockchain and this will boast the uplift of Bitcoin in our societies and on the market.

Still, Bitcoin is in the early stages of adoption which is not completely adopted by many good companies. Still, there is a lot of development involved in Bitcoin and major companies are now showing interest towards the Bitcoin and it's blockchain technology.
Sukunan-
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August 16, 2018, 08:03:43 AM
 #1384

not yet ... bitcoin has not yet reached its goal, because bitcoin still has to develop and continue to grow, because this has not yet peaked, it's still early, it continues to grow ..
billy4u
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August 16, 2018, 08:16:10 AM
 #1385

Not there yet. But bitcoin has achieved so much since its existence irrespective of the "pull it down" structures to rid of it. Companies accepting payments in bitcoin and universities offering course related to bitcoin and cryptocurrency are milestones.
doodle07
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August 16, 2018, 09:44:22 AM
 #1386

For me, its not yet but its going there. Bitcoin is still young but as days passes by, many people are learning, interested and believing on it. It has been banned in some countries but there are some that embracing it and that's a good thing, making it more known. It will be a long time to reach its goal but I am sure that it will reach its goal. Just be optimistic and educate the interested people about it and we will surely successful together with crypto currencies especially bitcoin.

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gwaposakon
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August 16, 2018, 09:48:23 AM
 #1387

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 is creating a lot of awareness right now that it is almost going mainstream. But I think it has not reach its goal yet as acceptance about this kind to currency it not yet universal. But it is showing a positive sign.
Towntrap41
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August 16, 2018, 10:34:14 AM
 #1388

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, 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 need more time to adopt this technology

I agree with you, most countries don't allow, demand, supply, positive and negative news, still have a lot to overcome to reach its goal.

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xysheeh03
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August 16, 2018, 10:40:55 AM
 #1389

For me, to be the most valuable crypto currency coin yes, it has reached its goal. But if its about goal to be recognized around the globe, i think its not that far that bitcoun has come, because there are some country that are not allowing bitcoins legally. However this thing must not make bitcoun enthusiast go weak, even it will make us to be strong and more unite to be able the bitcoin reached its goal.
Towntrap41
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August 16, 2018, 10:42:02 AM
 #1390

I believe it's main goal is to be the global digital currency. Bitcoin still have a lot of obstacles to overcome the get to that top, most government don't accept Bitcoin , most times there's negative news about Bitcoin thereby scaring most people, investors away and most trying to their money. But with time I believe Bitcoin will keep getting close to achieving its goal.

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astrong
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August 16, 2018, 10:48:38 AM
 #1391


What do you think?  I'd love to hear from some crytpo veterans.

"We all know it "'s going to be $ 250,000 / coin by 2022", huh? Why don't I know about this at all? where did you get this news? Does not mean I do not believe, but it is very hard when seen in the current conditions "Maybe if you look at the year before, consider 2013 where altcoins haven't been this much, bitcoin has always managed to survive and always experience price increases despite being hit by a big FUD issue. But look at the current situation. ALtcoin is so fast, you can say that all are mutually supporting bitcoin with altcoin, I think the prestige of bitcoin will decrease in the middle to lower class economies.

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uchiikina14
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August 16, 2018, 10:58:27 AM
 #1392

For me the bitcoin has not yet reached its goal because the bitcoin is not yet legalized and it is still easy to be hacked by the hackers and as of now some other country is not still accepting the bitcoin and they are banning it cause they think that bitcoin is not real.
nx24tan180n
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August 16, 2018, 11:00:41 AM
 #1393

Yes, I think bitcoin has already reached it’s goal. But I think it is possible to reach a new goal again for bitcoin.
people123
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August 16, 2018, 11:24:33 AM
 #1394

I dont think its functioning as inflationary other option to government fiat monetary forms, I imply that change isn't even discernible in the present period. Fiat is as yet the solid hold and reveal to you what gold is as yet the best resource in this world regardless of what you discuss the bitcoin or what cost bitcoin has got today.

When all is said in done open the best cash is still fiat and best store esteem is as yet gold. It is only that you and me are pretty much committed into crypto that is the reason we see its combination. Be that as it may, go ahead take a gander at the total populace and take a gander at the quantity of individuals engaged with it.
Tashi
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August 16, 2018, 12:08:10 PM
 #1395

I think Bitcoin has a long way to go. There are more things that awaits it's users. And for me,  being the top world / global currency is one of the main goal of Bitcoin.

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xuzukami
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August 16, 2018, 12:18:25 PM
 #1396


I think Bitcoin can achieve its goal. But now is not the time. It is difficult to predict precisely when BTC can achieve its goal for a long time, but we still expect the power of the electronic currency to be called the king of the Crypto market.
I am also very confident about this currency, although the last time there were many changes in the market.
Benjamin353White
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August 16, 2018, 12:18:39 PM
 #1397

Everything is in anticipation and there is no accurate source of information that determines Bitcoin's fortunes until 2022. While Bitcoin is currently slipping.
alexsandre
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August 16, 2018, 01:07:22 PM
 #1398

I think that bitcoin has already reached its goal and has set a goal already higher
kadutz25
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August 16, 2018, 01:14:20 PM
 #1399

I don't think bitcoin has achieved its goal because there are still many countries that prohibit bitcoin and of course it will be difficult for people who have bitcoin to use their bitcoin, so I don't think bitcoin has achieved its goal
brotherwood12
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August 16, 2018, 01:15:13 PM
 #1400

in my opinion still not yet , just 1/4 or 1/5 people who know and implented the bitcoin function and other still dont know what bitcoin its
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