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Author Topic: Has Bitcoin reached its goal?  (Read 5922 times)
DiabolicAnt
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August 23, 2018, 09:08:46 PM
 #1501

I think the path of reaching the goal isn’t completed yet. Truly, BTC has totally changed our lives and the economics in many countries but there’s still much to do.

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CryptoCClendon
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August 23, 2018, 09:12:31 PM
 #1502

Bitcoin is far from achieving it's goals
Samuel Cofie
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August 23, 2018, 09:13:17 PM
 #1503

If in terms of Bitcoin serving rightful as the most convenient means of money transfer over the internet with middlemen like financial institutions then, i will say Bitcoin as partly might it goal. However, if we referring to using Bitcoin for investment, then i will say Bitcoin has met 95% of that goal.
beryziq
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August 23, 2018, 09:23:37 PM
 #1504

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. 


legitimate or approved by the government is not the goal of bitcoin. The main objective is to allow people to transact among themselves without these transactions being controlled by the government and banks. The aim is to enable monetary freedom. On a certain scale, bitcoin has reached its goal.
Ike.daniel
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August 23, 2018, 09:39:27 PM
 #1505

The current state of bitcoin is far from its goal. Until bitcoin replaces the traditional banking system, its goal has not been achieved.
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August 23, 2018, 09:58:49 PM
 #1506

I am not a veteran, but I guess bitcoin isn't get its goal. I did see everyday use of bitcoin. Nowadays it is just an investment and it is sad.  Sad

privedvelosiped
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August 23, 2018, 10:02:44 PM
 #1507

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 believe that the goal of bitcoin is much deeper than you think. Since the Creator invented the blockchain technology and bitcoin itself, he pursues the goal to organize a crypto society in which there should be no doubt in honest transactions, a society in which it is easy to manage the rules. Here is for example create crypto state, in which all citizens can earn.
Janet Wright
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August 24, 2018, 01:58:40 PM
 #1508

We can not estimate how much Bitcoin will be in 2022. Or even Bitcoin maybe will extinct in some following year. These just a guess. Therefore, I think there will not have any goal for Bitcoin. The best way for Bitcoin is to help people can make profits and make the variety environment to experiment.
ace1105
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August 24, 2018, 02:23:56 PM
 #1509

We can not estimate how much Bitcoin will be in 2022. Or even Bitcoin maybe will extinct in some following year. These just a guess. Therefore, I think there will not have any goal for Bitcoin. The best way for Bitcoin is to help people can make profits and make the variety environment to experiment.

You are right, as bitcoin grows I think it's goals haven't been reach and there are still a lot of room for improvements. Let's see if bitcoin can reach its goals in the next more years.
XiXiMios
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August 24, 2018, 03:35:15 PM
 #1510

Bitcoin has achieved many things over the past few years and deserves much praise for it but has not achieved its goal.
sheyicrypto
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August 24, 2018, 10:31:23 PM
 #1511

Bitcoin has not reach it goal because many obstacleshas been hunting bitcoin on the way to success  and this made it to rise and fall often than none.  If it can stand the test of those day it will definitely stand the test of time
mr.bean865
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August 24, 2018, 10:43:55 PM
 #1512

If we see from price point of view then may be bitcoin reached his goal in Past December but if we look goal wit respect to popularity then bitcoin is reaching its goad day after the other and going to become more popular.
Gabali126
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August 24, 2018, 10:52:58 PM
 #1513

Bitcoin has not actually reached its goal as expected by maybe its founding fathers. It was supposed to be a currency as major means of exchange for goods and services.

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rukawa101
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August 24, 2018, 10:53:54 PM
 #1514

No bitcoin doesn't reached its goal yet or the best goal it can reach, it is still limited can't be used freely even here in my country it's not recognizable yet               
BryanRoseWalker
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August 24, 2018, 11:07:16 PM
 #1515

Bitcoin has not reach it goal because many obstacleshas been hunting bitcoin on the way to success  and this made it to rise and fall often than none.  If it can stand the test of those day it will definitely stand the test of time

I think the purpose of bitcoin is to be a world currency reference for the future, bitcoin hasn't even been able to convince the government about binding regulations, but for widespread decentralization, I think bitcoin has succeeded and opened the minds of many people to be actively involved, I assume still 20% of all progress.
samuelmanta
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August 24, 2018, 11:25:50 PM
 #1516

Bitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

The end goal is to enable people to transact among themselves without these transactions being controlled by governments and mega corps. To enable monetary freedom. And even, someday, to become the basis for the Unified World Currency . But now I only see bitcoin as a business investment.

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gidaahmad
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August 24, 2018, 11:49:03 PM
 #1517

Bitcoin has reached the goal. In price and range. Maybe the whole world knows what Bitcoin is. And now many people are competing to own Bitcoin.
privedvelosiped
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August 24, 2018, 11:53:56 PM
 #1518

I don't think you have yet. I think that bitcoin and blockchain should bring a lot of innovations to our society that people have never heard about, so you should now find yourself in this society and soon you will understand how the plan will be implemented in small steps.
CatchSomeAirdrops1
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August 25, 2018, 01:06:09 AM
 #1519

I think bitcoin has not fully achieved its purpose.
there is still a long time to this. it is seen at a price that is still up and down, far from stable. seems still midway through the journey. and I always follow.
rapsa2018
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August 25, 2018, 01:34:19 AM
 #1520

I think bitcoin shows up at the start so far as there are so many ways to make everyone in bitcoin with those who do not know about bitcoin for a bitcoin to change in the future.
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