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Author Topic: Has Bitcoin reached its goal?  (Read 5922 times)
CoinREAPER21
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August 30, 2018, 07:45:48 AM
 #1581

I doubt because if it does reached already its goal then there won't be any complaint of the volatile characteristics of bitcoin. a company who have already reached there goal won't be satisfied and will still yearn for something good in order to be unbreakable.

I agree with that and bitcoin knows that they are too far from their goal. I also believe that what the company wanted is true decentralization, recognition all over the world to become a true currency and to be embraced by the government. Bitcoin is still in evolution and will take a couple of years before achieving their true goal.
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vainnew
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August 30, 2018, 08:03:37 AM
 #1582

In my opinion, bitcoin has not achieved its goal. Because in many countries there are still didn't get legitimate. The government still worry if bitcoin someday will leading fiat currency and make economic in that country collapse. besides that bitcoin is also relatively young and need to grow becoming a form or medium of exchange in buying goods and services.
kehed90
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August 30, 2018, 08:31:16 AM
 #1583

I do not think bitcoin has achieved the right goal, there are still many weaknesses that must be overcome, to be an official currency will be difficult in the midst of its appearance full of pros and cons. in the cryptocurency market there is anxiety for investors because the value is unstable.
Taya Afi
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August 30, 2018, 08:37:55 AM
 #1584

Hello. very interesting question for discussion. I think that bitcoin is the most unpredictable asset for today. at the moment it is often used as a tool for investment. really want to believe that we knowingly put in it the Fiat. In addition to the bijecto are a new technology and different from the real philosophy of the attitude to money. I think that bitcoin is a flexible tool that can provide any needs of modern economy. although it is very difficult for me to imagine an economy without Fiat.
Gypat
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August 30, 2018, 10:02:01 AM
 #1585

I think bt was created to decentralise financial services and that is actually happening and so right from the beginning btc bas achieve it majn goal. With respect to its use, though it has not been legalised in many countries but we can't dispute the fact that it is globally use now mostly for online transactions. As more organisations accept btc, we will one day get there. It is only a matter of time
Jammypoe
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August 30, 2018, 10:37:33 AM
 #1586

It hasn't yet, if we out global use into consideration. It still some way off it. When countries of the world or half of it adopt it, when can begin to. Not all super marts or retail outlets are accepting it too, so, we can't jubikate on that yet. Still has a long way to go reaching its goal if you asked me.
letzdodiz
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August 30, 2018, 10:39:06 AM
 #1587

Bitcoin still has far to go to hit its objective of being used by individuals to buy merchandise and administration. It is as yet youthful and more advancements are yet to set in to upgrade its ease of use. Taking a gander at the expectations of specialists like J. McAfee, Bitcoin is set hit $40K by 2021, and this should tell that Bitcoin still has a considerable measure to accomplish.
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August 30, 2018, 11:26:43 AM
 #1588

I believe Bitcoin and the cryptocurrency as a whole still does not reached its goal since i guess it is not yet on its fully mature stage. In terms of price, I guess it has not yet reached its ceiling price since everyone are not still aware the full potential of cryptocurrency in the future. In terms of technical aspects, well there are some issues need to be fixed on its technology itself like the scalability problem as other blockchain tech competitors arises to solve the said issue such as DAG and hash graph. Lastly in terms of adoption, I think it may takes more time to be fully accept by the majority.

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prj112031
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August 30, 2018, 11:32:09 AM
 #1589

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.




if its your definition or meaning of the goal of bitcoin then yes, bitcoin prove more than a lot, we use the ease of bitcoin to wires some money to our too far relatives we can transfer asap like remittance center .
ExhibitGap25
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August 30, 2018, 05:12:07 PM
 #1590

I think not because the current market situation totally prevent bitcoin to reached its goal but I think next year it will break the previous history and reached its goal.
HerbalCommunication035
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August 31, 2018, 07:47:43 PM
 #1591

Not yet, still bitcoin just reached 30% of its goal I mean to say bitcoin is popular but not world wide and also bitcoin is still not accepted by the whole world but many country accept it thats why I said still 70% remaining.
Konffetka
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September 01, 2018, 11:34:22 AM
 #1592

I think bitkoyn achieved this goal. But bitkoyn is still a lot to monitor to remain stable. I hope that bitkoyn in the future will increase and receive prestigious awards.
DrYe5
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September 01, 2018, 12:02:23 PM
 #1593

Not yet, still bitcoin just reached 30% of its goal I mean to say bitcoin is popular but not world wide and also bitcoin is still not accepted by the whole world but many country accept it thats why I said still 70% remaining.
For me bitcoin will reach its goal when we will be able to use it worldwide in every place that we will be at, for me crypto could be use as cash at the same level in 2023/24 or something like that.
oni4an
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September 02, 2018, 06:17:49 PM
 #1594

Bitcoin will reach its final goal when it is recognized all over the world on a par with Fiat. Now, as you correctly noted, bitcoin "king cryptocurrency", but it is still too small for people who are not related to Kriptomirom.
A7373
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September 02, 2018, 06:26:30 PM
 #1595

As we can see on the annual chart of bitcoin, cryptocurrency now undergoes a correction, but its growth has not yet ended.
finlandais
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September 02, 2018, 06:34:29 PM
 #1596

No bitcoin has a long run to go.In coming future it is expected that it will replace the paper currency which is its goal so we cab say that still it not reached its goal.But all are hoping that in coming years it will reach its highest point and will satisfy its investors.So mostly all are investing in it .

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Larrycool
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September 03, 2018, 08:54:57 PM
 #1597

It hasn't reached its goal yet. But it's still on the process, Bitcoin legitimacy in many of the countries of the world today is still dwindling, while FUDs are still eminents due to their ignorance and negligence towards getting rudiments of what Bitcoin is all about. But I believe that time is actually coming when not just the value of Bitcoin will be concentrated upon. But it's unlimited importance.
Uad
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September 03, 2018, 09:08:20 PM
 #1598

I'm sure that bitcoin will grow many times! now it's good to invest in it! The government remains concerned that bitkoyn will someday lead the currency and make the economy in this country crash
Kaan53
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September 03, 2018, 09:12:29 PM
 #1599

Bitcoin does not reach its destination but it has not even passed through yet, so think about how you will grow Bitcoin in the future.
Blackpanther399
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September 03, 2018, 09:46:41 PM
 #1600

My own analysis is this, bitcoin has not reached its goals so far. It has to be adopted and go mainstream before we can say that it has reached its goals
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