How do you measure the success of Bitcoin?

[thesavoyard]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

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[Bitdressa]

in my opinion to measure the success of bitcoin is that of the many members who follow bitcoin as the value of this electronic currency as a daily transaction and can also be done anywhere without having to carry a thick wallet with full debit cards and lots of cast money.

[btcluisdiki]

In my opinion, I think that btc's success is measured on how many people are supporting btc as an investment currency and a currency that has been patronized globally as a mode of payment system. Additional measure  of success for btc is the market condition should have been stable enough with minimal down trend unlike what is happening in the current condition.

[dothebeats]

Primary areas of concern for me would be adoption and the amount of places you can use bitcoin, and if those were fulfilled, I can say that bitcoin has become successful. Price is only good for speculation, but without a solid foundation backing everything up, it wouldn't last long and will crumble everytime someone profits big. It should also stick to its ideals of decentralization and giving people the power to be their own bank. It should also be of political influence so as not to demonize the system and be a hub of control and greed.

[Dreamace7]

The normal and accurate way to measure the success of bitcoin and any other coin is to check it's adaptation and acceptance and so far bitcoin has this features above every other coin in the market

[eminemcookie]

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

Who's original goals is it that you speak of? The initial whitepaper didn't speak of destroying banking relationships with governments. That's just what people decided to adopt themselves.

I'm in full agreement that bitcoin's price is not an indicator of its success, because that was not bitcoin's initial purpose. Adoption is the real barometer of bitcoin's success. In that bitcoin is achieving but it still has a long way to go.

[SIDDHI777]

I measure through its usability rather than its price but it doesn't mean I have never consider about the value of bitcoin because it is essential too but its usability and adoption in the world is the key fact that determine how far it's concept has been accepted by the world and how far its core vision has been achieved in the financial sector and the business world and that shows the real success

[mk4]

How do you measure the success of BTC?

While a higher price is definitely nice, for sure, and adoption is definitely really really good, what I personally think we need more out of all right now is ease-of-use. While the wallets we have right now are good enough for us people that are decently tech-savvy, what about our computer-illiterate parents and grandparents? They couldn't even remember their social media account passwords, they definitely wouldn't trust themselves with the 12-24 word seed. I think we're going to need to have better UIs/UXs or better solutions in general for this part, as we definitely wouldn't want them to be reliant on centralized services like Coinbase.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

Goodluck with that though.

[SIDDHI777]

The normal and accurate way to measure the success of bitcoin and any other coin is to check it's adaptation and acceptance and so far bitcoin has this features above every other coin in the market

Of course without a doubt adaptation rate and acceptance from the world is the key factor to determine the success rate of bitcoin and in any country because no matter how high a currency price is at the end of the day if the user cannot do anything with it in real life eventually it becomes useless and will come to an end but with adaption and acceptance even the price is low bitcoin can continue in the future because people will use it to do there essential transactions

[kokobaba880]

If i measure the success of bitcoin i will follow a few things like if bitcoin is valuable to the users it is good and if it is accepted world wide then it is successful and if we have bitcoin but we fell free and it's possession is real then i think bitcoin is successful and i have seen all this features in bitcoin so for me bitcoin is real and successful.

[bedford1972]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

In my opinion, the success of bitcoin depends on the public, which will accept it as a means of investing and transferring funds at a distance. At the moment, widespread use is held due to speculators and government agencies. Some want to earn easy money, others are afraid of changes in the financial structure of the state. In consequence, it will still take an established place in people's lives and its cost will be significantly higher than the current one. I believe in it and I continue to be engaged in it and to accumulate.

[Mhd-Bobbi]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

I think to measure the success of BTC depends, if there are many who use or also buy BTC, if I see many platform providers who cheat now, many are confused to measure the success of BTC.

[Dudeperfect]

I mostly agree with the opinion of OP as I believe that this success for Bitcoin should be associated with the vision of Satoshi to utilise Bitcoin as a payment system and it should be adopted across the globe enabling people to transact using blockchain technology without high cost or time. It doesn't make any sense to artificially manipulate the price and seeking the attention of outsiders but on the other hand, there is a satisfaction in the growth of user base resulting in the scalability of it.

[Abal Abal]

I am used to measuring the success of bitcoin with high bitcoin prices, because with the high price of bitcoin it signifies so many bitcoin enthusiasts and investors.

[cetald]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

Many have begun to panic over the recent fall in the market. But I see no reason to panic. Firstly, it is possible to buy bitcoin at a reduced price. Secondly, after each fall, an increase occurs. This is the law of the market. You need to wait.

[mk4]

I am used to measuring the success of bitcoin with high bitcoin prices, because with the high price of bitcoin it signifies so many bitcoin enthusiasts and investors.

That's not a good measurement of success at all. Long term, it could probably be? Because if a lot of people use bitcoin in the future then the prices will naturally go up. Short-mid term though, I don't think people holding bitcoin just for the sole purpose of making profit and selling them immediately after bitcoin doubles/triples/quadruples is a success at all. Success is when people actually hold bitcoin because they think it's actually a good hedge against fiat in general.

[Stac]

Bitcoin is the first crypto currency started in the year 2009 for the benefit of the global community.Its price has been varied from
0 to 20K USD in the year 2017 December for a span of nine years period.The success of bitcoin can be measured by encounting the utility value of it and its success in the daily market. The success of bitcoin can be measured by considering its daily traded volumes and the market capital.The utility value of bitcoin is very wide such as , it is an investment tool, for trading, a good transaction media with out a third party interference.Bitcoin can be used for the  local and international shopping and also it can be used for the service bill payments etc.Bitcoins market priced has been hiked from zero to 20K in the bullish market and its daily traded volumes also very high comparing to the other crypto currencies..The success of bitcoin can be measured by encounting transactions, market capital ,daily traded volumes etc.

[johnny508]

Success of bitcoin cannot just measure by just considering one fact but many because like many it is a currency too and it should achieve and grasp all the areas that many major currencies has achieved in the history like price, popularity, demand, acceptance and the usability among many industries and trades in the world so every one of them is important when measuring the success of bitcoin

[izanagi narukami]

When every government around the world legalize crypto.
My government decide to ban crypto because it can cause inflation because of it's volatile and high value so they want to protect their people from any harm !
I'm respect on their decision and I'm aware of the risk when I decide to keep using crypto for transaction !

[Snaic]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

I absolutely agree with you. I think that Bitcoin in these ten years has not achieved its success, for the purposes of which it was created. It never became widespread for use by the payment system and was not legalized by most states. Instead, it has become a speculative means of increasing its value, which is very dangerous both for Bitcoin itself and for the cryptocurrency as a whole. A significant increase in its value drives a cryptocurrency into a dead end, from which there is practically no way out, except through the collapse of the market.

[Valer4ik]

It is very good that those who see in the cue ball will only profit from the topic. But these are not the majority.

In general, I am confident that the crypt will punish all the greedy and greedy people, slowly and surely shake out of them most of the money and redistribute them to those who take the money calmly and not chasing them, a period of 5-10 years.

You are probably young and do not know how with the collapse of the ruble in 98 people tried to get their dollars from Russian banks, they stood in queues for several days, many did not succeed at all. So, especially in the bank before the crisis money is attributed, it looks very funny.

[Sandus_Cryptolover]

The success of Bitcoin to me is based on it ease of use in terms of payment and speedy transactions timeframe. Thus it gives all users stress-free scenario when processing transactions with an assurance that the fund will get to the recipient(s) within few seconds to minutes.

[tenakha]

We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

But most owners expect this to happen. The acceptance of Bitcoin as it is will not hurt anyone on the contrary it will cause more people to be attracted and used as a payment method.
We can evaluate Bitcoin among us but its value will still be worth of USD and we are still in the arms of the government. And if the government announces that using it is crime, who do you think will accept Bitcoin as a payment?  

[Crypto_Samuel]

The number of holders and users. It should be used as much as possible apart from trading to become real success.

[bitbunnny]

I'm with Bitcoin since 2013 and I can say that in five years Bitcoin has achieved huge success. When I compare the value, number of users, acceptance and attitude of people toward Bitcoin back then and now it's clearly visible how things have changed for the better.
I have to say that the price is not the only thing that can be used to estimate the success of Bitcoin so you shouldn't judge it according to the current price level.

[Msile]

Right now I measure the success of bitcoin taking a look at the adoption and volume, I think bitcoin was made to make transactions and replace or at least complement the traditional banking system, so I'm looking at the weekly volume, to know how much has moved and if interest in the public continues despite the low prices.

[ratatat bangbang]

There are lots of thing to measure success of bitcoin. One of those is the popularity and number of investors in it. It simply says that it is good for investment.  It could also be measure through the number of years it existed though passing ups and down. The most important is trust from different people.

[Roukawa]

There are lots of factors that can be a measurement of success in bitcoin. People see it as success when it comes to the price. If the price of bitcoin is surging then the people wanted to buy it. I look at the development of bitcoin as its success, why? Because we would not buy or invest something without its future. We buy bitcoin because we know it works due to its full development.

[a4techer]

There's a lot of factor that bitcoin measures successful if we can take it on numbers of successful there are so many to find it out just like from the rank of nothing but now bitcoin was the number one and lead to all cryptocurrency and as we can see how much the value of bitcoin from $1 and reach $20,000 see that successful and their are so many celebrity, businessman and so on who invest their million dollars of their money in bitcoin.

[zolfa]

I measure the success of BTC, looked by the volatiity that always grows well every year, from being worthless to being very valuable, destroying the relationship between banks and the government is not the main focus of BTC, but slowly, BTC growth will make them panic, fear, and feel threatened.

[rodskee]

100% bitcoin become scucessful after this all trail and trouble face by cryptocurrency
But ofcourse need to continue people's support to got success in the future and all bad news from crypto will end

[yazher]

The success of the bitcoin is from enthusiastic of the people using it and from the support of the company that want to develop a block chain technology. as well as from the local exchanges that keep the bitcoin price high until now. $4000+ is still high anyway. but honestly if these people won't care about it anymore that's when the price will go down dramatically.

[Finestream]

100% bitcoin become scucessful after this all trail and trouble face by cryptocurrency
But ofcourse need to continue people's support to got success in the future and all bad news from crypto will end

I think bitcoin to celebrate its 10 years of existence is already a big success.Because i know there are already a lot of people who have benefited the potentials of bitcoin and are now living a profitable life within this 10 years of bitcoin's existence.Hopefully bitcoin will still be successful in the next years and will come up in a global adoption.

[hadveach]

in my opinion, the measure the success of bitcoin is measured by the credibility of BTC that is able to survive from every FUD, and until today BTC still has value, and always has great popularity.

and also BTC transactions between countries can be done quickly and by a low cost.

[khaled0111]

You mean we have to distinguish between Bitcoin as a currency and Bitcoin as a technology.
The technology is a revolution in itself and no one can deny this fact.
Unfortunately, 99% of Bitcoin users are interrested in the currency and how to make profit from it which is not helping the technology.

[Cryptotissue]

Well, the success of bitcoin should be measured with its market volume and market cap at a particular point in time, like its market volume within 24hrs.  Most people measure crypto coin success based on the coin's market price at a particular point in time, which is not supposed to be that.

[btc-room101]

You mean we have to distinguish between Bitcoin as a currency and Bitcoin as a technology.
The technology is a revolution in itself and no one can deny this fact.
Unfortunately, 99% of Bitcoin users are interrested in the currency and how to make profit from it which is not helping the technology.

BINGO we have a winner, especially this forum, its should be called the 'bitcoin-talk-to-moon-org'

BTC is a winner, if you survive 1-3 years in biz, your a winner, btc is now 10 years old that is SURVIVAL big-time, BTC is already geriatric;

The sadest thing for me is that BTC instead of being private & secure, has become just another LOTTO for sheep, where lotto is a tax on stupid people, bitcoin is a tax on geeks.

BITCOIN was to be MINED, not bought, if you mined your costs were ZERO, if you bought, then you lost.

Speculation ALWAYS leads to gamblers RUIN, especially when you put in the entire pot.

Study 'kelley criterion', the guy wrote the book on investment calculus, F=2P-1, where P is the probabilty of the win, and F is the factor of how much you invest.
If you have a 50% chance of winning you invest zero, if you have 100% chance of a 90% loss like bitcoin, then you sell 10% of your NET-Worth. Unless you have a 100% chance of winning, you don't bet 100% of your net, in the case of BTC, most people went on credit-cards and bet their entire net-worth, with a 50/50 chance of loss,

The smartest move was to buy ZERO.

BITCOIN uses the same math, its in satoshi's paper the entire '51%' double-spending problem is based on the theory of enormous numbers invented in the 1700's. Only when 'sure thing' exceeds 50% do you 'invest', but even then, only a small fraction of your net-worth.

The entire BITCOIN scam is the class 'gamblers ruin', to the poor-house, wiping out all your wealth.

BITCOIN was meant to be MINED, not bought, when you mine bitcoin, you have a sure-thing, for a known cost ( investment ) you get a known return probability of 100%, but of course TODAY mining is NEGATIVE, that is it costs more in electricity than the value of BTC, so you don't mine, and you don't buy.

At what 'floor point' in BTC do you buy? Today we don't even see a floor in the current horizon, perhaps in a year or so, we can use mean-reversion, and predict a certain-profity percentage, and using kelly-criterion get an investment fraction, but today you would be better burning your money if your goal is total loss.

[Indrawan77]

I think the best way to measure bitcoin successful is from the adoption, the main idea of bitcoin was to be able to used the currency globally, so the more shop or countries accepting crypto, its mean that the bitcoin become more succeful, tge price is not the measurements, but it can indicate that how interested people with bitcoin

[jossiel]

IMO, those you have mentioned are what we are using as measurement of bitcoin's success. But we can't also settle its price because that tells on how mass its adoption going. Due to the level of adoption, it will create a higher demand that will turn its price higher.

Bitcoin as a currency is also going to its success, adoption is coming to it and we can't ignore that there's a wide range of its usage now. And bitcoin as a store of value, what's the problem of it if people are determining their bitcoins as store of value? it's gold for most so I don't see any reason for it to be hated.

[lyks15]

I think the measurement of being bitcoin successfull is not a huge price value or even a stable price status. Or even a world wide popularity. I think the real measurement is the function of bitcoin that can help other people to improve their live and to make it better in terms of transactions or even in terms of investment. All we know that every country suffer in many problem if bitcoin can be the cure we can say that this is bitcoin's success because we see that even the brightest or powerful leader did not remove the nation's biggest problem like poverty,criminality and unemployment and I think bitcoin is the key.

[maydna]

I think we can see the success of bitcoin from the enthusiasm people to come and join into bitcoin although we don't know who they are. Besides that, people come to bitcoin by seeing the bitcoin price reach the highest price although right now the price is down too deep.

By using bitcoin, they can manage their own financial, and they can send and receive the money from everywhere without any third party, and people don't have to pay too much fee.

Bitcoin will reach more success if bitcoin can be accepted in all country, so people don't have to worry if they use bitcoin for making the payment of the product they bought. We will see what is happening in the future and I guess that bitcoin can bring a better life for every people.

[treatWy]

The measurements of bitcoin success could be through the meaningful uses and achievements. No matter how good and potential bitcoin is if there's no good return to community, country, and citizens bitcoin is just a dream or possible great illusion ever. Nowadays we can see bitcoin as one of the main source of couragement and discouragement through pump and dump scenarios.

[KenChanYu]

The measurements of bitcoin success could be through the meaningful uses and achievements. No matter how good and potential bitcoin is if there's no good return to community, country, and citizens bitcoin is just a dream or possible great illusion ever. Nowadays we can see bitcoin as one of the main source of couragement and discouragement through pump and dump scenarios.

 We all acknowledge bitcoin as one of the most potential asset among all currencies. Also, most of us witnessed how reliable this asset and strong enough to go beyond a good outcome despite of bearishness. And so, I believe that bitcoin's success can be measured its capability on which can give people's satisfaction and popularity. As long as we keep bitcoin, we can measure success with ourselves.

[project_delta]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

Well we can not define or measure BTC's success exactly, yet we can use some general standards for that purpose;

1. Note the increase in BTC's market share.
2. Note the changes in customers involvement.
3. Visualize the improvements in the processes and operations.
4. Check for the improvements in management and development.

These are just based on my personal idea.

[tahozor]

Some believe that the cryptocurrency can be another "bubble", others are fully confident in its cloudless future.

[bering]

People including me consider measure the success of bitcoin is if they can able to take big profit when we trade for bitcoin and this is a fact that we must admit because most of bitcoin users still considering bitcoin as trade asset but indeed from now on we should not thinking bitcoin for profit only and we should see other potential from bitcoin and the technology behind of it

[jwcastle]

Like a video game system, its success is how many publishers make games/software for it. A game system could have the fastest CPU, the best graphics, the most memory, the best everything, but if there are no games for it, it's a failure. The more games there are for a game system, the more successful it is.

In terms of smartphones, why is Android a success? Why is IOS a success? Why is Blackberry not a success? Why is Windows Phone not a success?

Bitcoin is a success when people use it. Its monetary value doesn't mean much if no one uses it.

[ansarose1]

In my idea, bitcoin had already make its success. No wonder there are many investors becomes rich from bitcoin investment. Bitcoin also makes cryptocurrency popular as it is now joined by every country around the world. So i think whether the bitcoin lost its high valued priced, it already attain its success.

[cryptobulls.exchange]

The success of bitcoin can be measured as how much bitcoin transaction are getting made and does it meeting all the objectives.

[BagzMM]

In my opinion, we can measure the success of bitcoin through the people who valued and also succeeded in life.

[velive08]

I see bitcoin is very simple, I see the success of bitcoin today in terms of price. now bitcoin can be successful if the price is in a high position and this is one of the best to be used as a moment of measure of success.

[rosemary4u]

In my candid opinion, I would measure the success of bitcoin on how many investors would venture into it when they believe the volatility of bitcoin is not rapid as compared to what is happening in recent times. I believe such parameters can help us know how people would appreciate the philosophy of bitcoin.

[Bhugz09]

Success of bitcoin would be giving a person a chance to have an assets by having a job with the price of bitcoin. Also by giving a small investors chance of having their investment grow.

[sheenaedago]

In my candid opinion, I would measure the success of bitcoin on how many investors would venture into it when they believe the volatility of bitcoin is not rapid as compared to what is happening in recent times. I believe such parameters can help us know how people would appreciate the philosophy of bitcoin.

  I think we can't measure the success of bitcoin, as it has fullfilled the satisfaction rewards we benefited from the last 2017 bull run. Because for me it is hard to manipulate the situation and hit the enormous peak just to pay with people's motivations and couragement.

[MTNAX]

In my opinion we can measure the success of bitcoin with the many people who have proven the benefits of bitcoin and the results of them using bitcoin can be used for their daily needs. Maybe it's a small example of how we measure the success of bitcoin.

[loveinberlin]

I think that btc is the most successful coin with the great potential and I measure this in accordance with ratings which are shown to us everywhere. To my mind, btc is the leader

[bajingluncat]

in my opinion bitcoin can last up to ten years that is proof of success, maintaining it is more difficult than creating right? other than that the easier we get and use bitcoin to fulfill life needs it is also proof of the success of bitcoin, if price is not a measure of success because of price just like a magnet in bitcoin, changes that occur real in life, so that life is better, easier and simpler that is proof of the real success of bitcoin

[Legolass]

It may not be an accurate measure of success, because one can use it in the long run

[Nolimitz84]

People including me consider measure the success of bitcoin is if they can able to take big profit when we trade for bitcoin and this is a fact that we must admit because most of bitcoin users still considering bitcoin as trade asset but indeed from now on we should not thinking bitcoin for profit only and we should see other potential from bitcoin and the technology behind of it

I support you. Basically, now only Bitcoin is viewed from the side of benefits and rapid enrichment.But the real value of bitcoin goes beyond the material world.And its success is not estimated at $.I hope that many people understand that.

[SnapDown22]

in my opinion to measure the success of bitcoin is that of the many members who follow bitcoin as the value of this electronic currency as a daily transaction and can also be done anywhere without having to carry a thick wallet with full debit cards and lots of cast money.

I think to measure the success of bitcoin, from ourselves, whether we are happy when mining bitcoin is bad and the declining market price is a bad sign for the success of bitcoin this year in my opinion

[gesdan]

I measure the success of bitcoin by seeing the users of bitcoin, I there are many people that use bitcoin as their payment system, I think bitcoin becomes a success. but if its not growing, so bitcoin is not success as my hopes

[kokobaba880]

For measuring the success of bitcoin we have some easy ways like we can check the holders of bitcoin and we can just need to know that which part of the world is using it while crypto value for us if we know that crypto is available whether we need it or not and is it applicable in the world or not i like to say that bitcoin is the good for us through this we can make our lives more comfortable and good.

[gamer4156]

I measure the success of BTC in terms of it's investment, popularity and trust it gained from whole world. Exactly one year ago there was an investment of 320 billon dollars in BTC and now it is around 80 billion dollar due to a lot selling events. Whole world want digitalization and BTC is the real realization of this dream. Hopefully it will be gain more popularity.

[bandaro]

I think the success of bitcoin can be seen from the recognition of bitcoin globally as a function of currency.Bitcoin is easier to use, profitable and more stable prices.Bitcoin fluctuations are more stable in price movements.And most importantly, bitcoin can be applied to all types of transactions.

[giacatluong]

The measure for the success of Bitcoin i think is very large and many.Bitcoin was born and changed the views of many people about the use and purchase transactions.Thinking of us also change and Bitcoin elevates the lives of so many people. I think people are interested in it and this proves Bitcoin's success.

[South Park]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

People focus in the price because in a way it is the best way to measure all of things you say, the price of bitcoin is going down precisely because it is not very successful at begin adopted all over the world, but if we get to the point in which most retailers stores accept bitcoin you can be sure that its price will be incredibly high in order to reflect that reality.

[pixie85]

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

The problem is that the price is a measure of success. a $100 Bitcoin accepted by millions is impossible because of its limitations. With holders and lost Bitcoins in mind you won't have more than 10 million Bitcoins in circulation, and now it's probably much less. Price will follow acceptance.
I'm not obsessed with it but if a developing technology goes back in price to where it was 2 or 3 years before it shows that it's not developing but getting rejected. We can't ignore it.

[strannik1998187]

Influential players of the crypto world have repeatedly stated that cryptocurrencies such as bitcoin and ether have created an alternative financial system insufficient to justify a market capitalization of $ 500 billion.
Antonopoulos believes that cryptocurrencies can change the financial system, and the growth of the crypto industry and its success can not be determined by the price, as the market develops according to its own laws. The adoption of technology is crucial.

[JPSelzer]

I also believe that the success of bitcoin is measured not by its value, but by its mass use. If bitcoin can be used when buying various goods in stores, or as payment for some services, then this will talk about its success.

[Slow death]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success.

let's assume that the bitcoin price was $1, do you really think that bitcoin would have a lot of attention and success? How many miners are mining bitcoin? how many exchange would exist? how many people would know about bitcoin? how many institutional investors would be interested in investing in bitcoin? the increase in prices arouses people's attention. crypto have a lot of attention because of their high price increase, people like something that today has price X and tomorrow has a great price increase.

I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

you need to understand that there are investors and there are people who love the technology itself.

there are many people who invest in gold, they love gold and they do not even know where the gold mines are. there are many people who invest in diamonds and do not even know where these diamonds come from, there are a lot of people who invest in bitcoin and these investors are worried about profits, the miners are worried about profits.

[FedorIzmailov]

I believe that at the moment the price of bitcoin is well deserved and it is worth the money for which it is bought

[swiftbits]

I measure it by the community and the huge adaptation, knowing people around you being aware of what bitcoin is and how to use it, I've seen some of my colleagues using it and it really shows how influential this platform is, I hope it will be adapted more to the public so it can be used anywhere

[rosepetals]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

Bitcoin can be measure its success when all people in the world used it..hiw people change their lives through bitcoin.People would opened up their minds on adopting cryptocurrency in their lives.Bitcoin success is also its creators success in which his concept made people realize how fast and easy doing transaction. And how banks and governments cannot get tax and trap transactions due to decentralization concept.

[VaLeRaaa]

I believe that at the moment the price of bitcoin is well deserved and it is worth the money for which it is bought

Predict a further decline to $ 2800


Based on the steep decline in the price of Bitcoin over the past several months and the major resistance levels that have formed in the range of $4,000 to $6,000, a further drop below $4,000 could result in the market losing most of its momentum it recently gained.

A potential bottom target, according to Puell, is $2,800, which would signify an 85 percent drop from its all-time high price at $19,500.
https://www.ccn.com/bitcoin-price-could-bottom-as-early-as-december-but-definitely-by-february-analyst/

[Om.monata]

I measure the success of bitcoin based on price, if bitcoin has a high price it is a success in my opinion. because the price of bitcoin cannot be opposed by any coin

[keyscore44]

I measure the success of bitcoin based on price, if bitcoin has a high price it is a success in my opinion. because the price of bitcoin cannot be opposed by any coin

Price can always be a determinant, and certainly is one of the most important as well as the market cap. However, in my opinion the most important thing determining the success of Bitcoin is its popularity and technology that is ahead of the present times for decades. I think like that because the price can be manipulated, as we have seen in recent weeks. But when more people talk about Bitcoin, i'm more sure about his further success.

[jake zyrus]

There are lots of thing to measure success of bitcoin. One of those is the popularity and number of investors in it. It simply says that it is good for investment.  It could also be measure through the number of years it existed though passing ups and down. The most important is trust from different people.

Right, cause until now bitcoin investor's and followers are continues increasing even bitcoin is unstable they continues patronizing almost nine years bitcoin stay alive and stronger and trusted.

[maxamus]

I measure the success of bitcoin based on price, if bitcoin has a high price it is a success in my opinion. because the price of bitcoin cannot be opposed by any coin

I measure the success of bitcoin based on its huge acceptance, Popularity, Security, Ease of acceptance across the world shows the success of bitcoin. Based on price also we can measure the success of bitcoin.

[bvg96634]

I would say, that success of Bitcoin is not measured with the price of it, how many people think it is. But the spread and usage of it around the world.

[Wowcoin]

In my opinion, I think that btc's success is measured on how many people are supporting btc as an investment currency and a currency that has been patronized globally as a mode of payment system. Additional measure  of success for btc is the market condition should have been stable enough with minimal down trend unlike what is happening in the current condition.

Yes i think also that we can measured bitcoin for people who supporting it. And how to manage and use bitcoin without any trouble. But the condition of bitcoin now is not so atable because its almost 70% the price of bitcoin fall.

[basyang]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

I measure the success of Bitcoin by seeing its popularity in the market. As long as many people using it, it can be known in the industry and also how many countries are adopting and accepting it and seeing it that it can help to their economy. For sure many opinions will be gather about the measurement of the success of bitcoin but as far as we will continue to use and promote bitcoin it will be success in the future.

[bling-bling]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

Mass adoption or usage across the globe determines BTC's success. You are correct, Bitcoin can be worth a 100 bucks...or even just a dollar, if it is used massively in majority of nations, that would be a determining factor for success. In other words, it is not the price that would determine success, but the acceptance and the volume of circulation.

[nydiacaskey01]

If Bitcoin goes mainstream like almost all stores accepts Bitcoin as payment. I went to Hong Kong and Singapore a few days ago and I see 7-11's accepting prepaid cards, debit cards and credit cards, I asked why not Bitcoin? They just need to flash a QR code to accept a payment. If Alipay and wepay can do it, why not Bitcoin or any Altcoin project.

[koelen3]

I measure the success of bitcoin a number of ways.  I think first off the health of the blockchain is always the most important factor.  If things aren't running smoothly, no one is going to want to use bitcoin.  I think public adoption in any ways also greatly measures the success of bitcoin.  What companies are adding it to thier accepted payment forms?  Which companies are adopting blockchain and using bitcoin for certain dealings.  What government regulations have been a positive for bitcoin and other cryptocurrencies etc.

[DaddyMonsi]

Can we call it a success if 7 out of 10 people knows about Bitcoin or Blockchain? But can we still call it a success if those 7 who knows about Bitcoin only know Bitcoin because of scams and other illegal schemes where Bitcoin was used. I think we can say it is a success if people starts using Bitcoins in their everyday lives and not just store it in their wallets and wait for the price to hit their goal to sell and gain profits.

[Shimmiry]

in my opinion to measure the success of bitcoin is that of the many members who follow bitcoin as the value of this electronic currency as a daily transaction and can also be done anywhere without having to carry a thick wallet with full debit cards and lots of cast money.

Got a point. But then talking about success is about if someone or something performs the tasked accordingly and as we can see, bitcoin performs its tasked well. Being the virtual currency or even a form of investment. It is very efficient. But then thing is the market as a whole. Hoping for market recovery.

[Burogh]

I ama agree that we should measure the success of bitcoin from the adoption. More merchant accepting bitcoin or others crypto, more people have knowledge about cryptocurrency and i think its good for cryptomarket because it will increasing the transaction

[zeingrind777]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

Just like you said. I measure the success of bitcoin with the level of adoption and use of bitcoin as a payment method. When a bitcoin user purchases an item using bitcoin and the store and merchant accept bitcoin as a payment it is a success of bitcoin. Even if bitcoin adopters are increasing, then that's the success of bitcoin in my view.

[zikzag]

I rate Bitcoin success as a huge success. Less than 10 years ago, no one else knew what bitcoin is, but now every schoolboy knows.

[Soots]

Can we call it a success if 7 out of 10 people knows about Bitcoin or Blockchain? But can we still call it a success if those 7 who knows about Bitcoin only know Bitcoin because of scams and other illegal schemes where Bitcoin was used. I think we can say it is a success if people starts using Bitcoins in their everyday lives and not just store it in their wallets and wait for the price to hit their goal to sell and gain profits.

Absolutely! It's not all about the earnings but on how many people are well-educated of this technology. Success can also be measured by its increasing demand and of its developments to come. The knowledge and skills we learn if used correctly can help us to responsibly adopt and apply these in real world. Most importantly, it's about our strong support and commitment. Be patient! Be positive and don't lose hope.

[Belec]

But success with bitcoin is always half a half of success and 50% of failure, it's just lucky when you get a bitcoin and when it will sell you, if you get a bitcoin when it's a small price and sell it when you're big in that work is successful, but if you get it when it's a big price and sell when it's small, then you failed to make a profit at a cheaper price bitcoin.

[blocklancer8]

The most important thing if you want to see successful bicoin is that bitcoin has been adopted by many people around the world. Without the government legalizing bitcoin remains highlighted and sought after by everyone. Bitcoin works with many transactions that are facilitated wherever they are.

[Ultimist]

You're right. Pump the price can be very high, but what good if bitcoin cant be accepted and used anywhere. If the price is low, but we can easily use bitcoins regularly in various fields, it will be much better.

[andi_wahid]

If BTC has been used by all people in the world for daily and special needs, in my opinion the new BTC can be considered a success. because this way the BTC has been recognized by all circles

[Valer4ik]

Scary is another. There are two possible scenarios - when they pour into the Chinese outlet, it will stop, because will start to disconnect the glands and the price tag should grow. BUT (!) It is possible that this is the final and everyone will just begin to chop off the iron, there will be no one to hold the blockchain's grid, the brakes will start with transactions, which will even more frighten everyone and then we will exit to 0. hi crypto apocalypse.

 

But I believe in the best. There is nothing left but faith ...

[South Park]

The degree of success is also difficult to count because we can not measure the bad effects that bitcoin brings.

As imperfect as it is the price is a great way to reflect the degree of success of bitcoin, it is true that bitcoin has not been adopted all over the world at the moment, but now at least for what I know there are millions of people holding bitcoin, this is an amount of users that is way bigger than in the past and as such bitcoin should command an higher price than it did in the past and that is what we're seeing.

[Sumo]

I fully support you, the price is not the main indicator of bitcoin's success. Much more important is the technology itself, which continues to evolve and improve.

[WebTera]

Despite the fact that the price is very much down and makes investors nervous, the technology itself is not deteriorating and is not lost its relevance. Therefore, I think that bitcoin is still a successful technology and continues to be implemented in the world.

[tiktak89]

The most important thing for bitcoin is to be realized for its intended purpose-as a currency. If this is done, it means that he has fulfilled his purpose. And the price is not really the most important thing.

[nellakarisma]

until now I still can't measure success in investing in bitcoin bro. because humans have very high traits and ideals. so that they will never be satisfied with the circumstances or bitcon they have collected

[Eraldo Coil]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

I could measure the success of bitcoin by the number of people who accepts it. I also consider the price in a larger scale like in years and months but I don't want to focus on that. I want to focus on success by if bitcoin gets accepted by large corporations and accepting it as a payment. With that, it could also help with the price of the bitcoin and other cryptocurrencies.

[badungs]

In my opinion. our success in using bitcoin can be measured by the results we have obtained during investing or trading or mining. no matter how small the results we get, it is our success in using crypto currencies.

[BlackPanda]

until now I still can't measure success in investing in bitcoin bro. because humans have very high traits and ideals. so that they will never be satisfied with the circumstances or bitcon they have collected

Yes it is true that sometimes many people have different targets and they also have different views in determining the level of success. I think a success can be interpreted as an increase in the economic level achieved by someone. When someone can have a good life both from the results of their work in the world of Bitcoin then it can be interpreted as a success, that is my opinion and I am sure other people will have different opinions.

[delphic]

Yes, indeed, at a price of $ 100, it may be more popular among the people.But the maximum strength and popularity he gained at around 20 000.Success is not always a quantity.Not everyone has a yacht either.However, they are just an indicator of success.

[SventraPapere]

For me, it would be better to cost 1 000 0000 than 100.I would feel more successful if I had one bitcoin per million than 10 to 100))) Now it is important that he remained alive and preferably at a high price.With this situation as it is now on universal polowanie forget.

[yowelfree]

Price to me is not a means to measure the success of bitcoin but rather it acceptability and Adoption.

[H1N1]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

Many peoples maybe think the measure of success of bitcoin is the high value in the market.
But for me, the measure is not only the value, but the amount of bitcoin users around the world.
If bitcoin not massive adopted and used by everyone around the world, then it still not succeed yet.

[dewildance]

In 2010, Bitcoin price lower than now. From 2010, to 2016 every year are same.

We crashed in this year. We have to accept this year will not rise again like 2017. But still Bitcoin so powerfull and almost 4000X more valuable than USD! (USD is the most accepting money in the world!)

[Wodomi]

The most important thing for bitcoin is to be realized for its intended purpose-as a currency. If this is done, it means that he has fulfilled his purpose. And the price is not really the most important thing.

In my opinion the success of bitcoin is bitcoin has been recognized as a digital currency, and is used in many countries. If that has been achieved, it means that bitcoin can be a companion to fiat currency. Besides that the price of bitcoin is not too expensive, because the more expensive the fewer can afford it.

[automaticmoney]

the success of bitcoin is adoption and big financial institutions governments take bitcoin serious adoption and low loss fee and transparency of transactions all these features are important considerations for success of bitcoin now bitcoin is getting the real value and more to follow

[Kurevazeyo]

until now I still can't measure success in investing in bitcoin bro. because humans have very high traits and ideals. so that they will never be satisfied with the circumstances or bitcon they have collected

The success of increasing the economy of using bitcoin, I think that is a measure of the success of bitcoin. Bitcoin users live well and their economy is sufficient. Bitcoin really supports life and work in the future.

[pinoyden]

until now I still can't measure success in investing in bitcoin bro. because humans have very high traits and ideals. so that they will never be satisfied with the circumstances or bitcon they have collected

The success of increasing the economy of using bitcoin, I think that is a measure of the success of bitcoin. Bitcoin users live well and their economy is sufficient. Bitcoin really supports life and work in the future.

That right bro  .  we can see that bitcoin is now being widely adopted by most people and that is a common factor to measure the success of bitcoin  . for me i think bitcoin is already succesful because it didnt failed to give us a good service but most people think that bitcoin is a failure just because they see that the value of it is falling

 . they were actually wrong because they only foccus on the price .  they dont see the useability or the real purpose on why bitcoin is built .

[SteveStake]

You're right when you say the price of Bitcoin isn't the deciding factor for its success. Sure price can help, but there's a lot more long term value for the growth of Bitcoin when more people know what it is and use it. If Bitcoin was to ever fall back to the price it was years ago it's still extremely more successful than it was during the previous time of that exact same price because of all the additional exposure. Everyone knows what Bitcoin is now.

[MMS2017]

If people use bitcoin for the trade and investment purposes when people have high demand for it it means that it is successful and good for long term holding so when people have it for their use it is because of interest of the people and can measure the success of bitcoin through it's price.

[bayu7adi]

it is very difficult to be able to succeed Bitcoin as long as it still adheres to a decentralized system with a total supply which in my opinion is lacking
21 million coins is not enough to meet the needs of all users of money in the world, it is only natural that the arrival of large investors can easily monopolize and regulate this bitcoin market
crypto is needed backed up by real assets, such as USDT

[auliasilvana]

Bitcoin has tremendous advantages, with no limits and openness that makes bitcoin move more freely. Bitcoin is able to provide convenience for its users, this makes users feel comfortable and effective using bitcoin, so the success of bitcoin can be seen every day on its high and broad volume.

[gudjhonson]

The success of bitcoin can be seen from the number of users investing in bitcoin, they have more opportunities to grow and continue to be valuable. But at this time many miners stopped because they saw the value that went down so they thought this could be detrimental to minors.

[gurang]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

how to measure the bitcoin, its all about to count of people who used bitcoin and always support on bitcoin that is the way to improve the bitcoin and to be success it

[Zainal-baguz]

I always measure the success of bitcoin or people who invest in bitcoin. if they can help and various pleasures with others. especially people who need our help. not only thinking about wealth and money ..

[Maricel2017]

I think we can measure the success of bitcoin by looking of the effect in the individual who are earning with bitcoin. I know that the bitcoin and whole crypto currency meet their goal that helping people while they doing their business.

[munareal]

Bitcoin is a success because it is a decentralized currency that has been accepted and can be used from ay part of the world. It is successful as a payment method and store of value.

[Robertqueen2]

Measuring Bitcoin's success by solely its price is something trivial because this undermines the core notion behind bitcoin's invention. However, we can measure bitcoin's success by determining its applicability in many sectors, for example.  We can also see that there are many tendencies towards considering bitcoin as a 'store of value' as it has a predictable supply.

[Twentyonepaylots]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

I absolutely agree with you. I think that Bitcoin in these ten years has not achieved its success, for the purposes of which it was created. It never became widespread for use by the payment system and was not legalized by most states. Instead, it has become a speculative means of increasing its value, which is very dangerous both for Bitcoin itself and for the cryptocurrency as a whole. A significant increase in its value drives a cryptocurrency into a dead end, from which there is practically no way out, except through the collapse of the market.

  We have different opinion on how we measure the success of Bitcoin into the Crypto Market.? If we look back of the market price value history we can already say Bitcoin had survived the beating on by the market on its price value as posted on the treed. It remains standing and recovering from the blood dry market in the past few weeks. We can not just make some issue how Bitcoin make it or not with out clear and objective parameters on how it being measured?

[Renzyow]

You can measure the succes of bitcoin if theres already a millions of people using such a great succes for bitcoin and i thin bitcoin is new to the market but look they already make it this far and its already i myself is also using bitcoin and it also helps me a lot its a hassle frew and i know many of peoples think of it that way thats why its already successful

[saumang2m]

In today's time many people are associated with Bitcoin. And every day many people are showing interest in joining Bitcoin. this suggests. That's how Bitcoin has become so popular.

[Snyderfx2]

I think we should measure the success of bitcoin by considering its number of user's and how often they use bitcoin for there daily needs rather than its price level because it was developed to provide best options as a currency for the people in the world by using blockchain technology but not as a trading asset so if some day bitcoin becomes the most usable currency in the financial sector and in daily use I think it is a major success for bitcoin 

[cry023]

According to my opinions no one can't measure the success of bitcoins because there are different type of fields and stories behind the bitcoin as well as crypto currencies. According t somebodies stories they have happy starts as well as the happy end but some people haven't if they started happy but end with sad. In market we cannot guess bitcoin value will increase or decrease but some how according to my ideas I can't measure the success of bitcoin.

[TIDOVEE]

By me, the measure of how successful bitcoin is,is how many people uses bitcoin and how well bitcoin is able to satisfy the users.
I can also say, the ability of bitcoin to be able to maintain a satisfactory quality as the user increases over time.
Then,if bitcoin can remain the highest valued cryptocurrency.

[- ESPERS -]

        I think Bitcoin's success is provided by its decentralized network, which makes it a coin that can not be manipulated by corporations or government. Bitcoin's success does not have to be priced because it fluctuates from year to year, a sign that the currency can not be controlled. Bitcoin's success may be even greater in the future, if many countries would not ban cryptomonade, in order not to be a threat to the banks. Eventually Bitcoin should be used in all states, this currency being created to use it as a payment method.

[Jackolantern]

I think that there are different ways to measure btc but the best one is to do this by the number of people who use it. I think that it is really the best way to become successful in life

[Udrujec]

I also prefer not to get attached to the price, but to judge the success of bitcoin by its level of development. And he continues to actively improve. And this is the most important thing for him, because the only way he can be realized as a currency.

[tiktak89]

Of course, the price is an important indicator of the success of bitcoin, but this is not the most important thing. We need to focus on the technology itself, how many people use it and what prospects it opens up.

[tetyulfania]

Make success with bitcoin is easy and simple, just buy and invest your money at bitcoin when price at lower and sell after higher, its the way how make you become success with bitcoin and altcoin investment.

[Crafts12]

in my opinion to measure the success of bitcoin is that of the many members who follow bitcoin as the value of this electronic currency as a daily transaction and can also be done anywhere without having to carry a thick wallet with full debit cards and lots of cast money.

That was one of the ways to measure the success of bitcoin. I would also like to add that the massive use of it in any transactions or payments is another one. The increase of believers and users of the bitcoin in this times whereas many people still doubt it is another way to measure its success. Lastly, the continuing of the higher price.

[cfif123]

Bitcoin is a success because it is a decentralized currency that has been accepted and can be used from ay part of the world. It is successful as a payment method and store of value.

it's true and bitcoin has also been used as a very promising investment asset, so to measure the success of bitcoin from its use. hence from the increasing number of years the more successful bitcoin in the real world

[richminded]

A lot of factors to be consider before we can say that bitcoin succeed on its goal. Bitcoin is being televised now around the world and its really making an impact whether its a negative news or good one, and of course the value of its technology that keeps on pumping and dumping. Success is not just about the price itself but in this kind of technology, the best thing that we can use to measure success is the world wide acceptance for cryptocurrency.

[aray80]

I think the success of BTC was measured by the number of supporters who adopted BTC as an electronic currency and a means of payment as well as an investment tool

[anodyne]

For me, we cannot measure the success of the Bitcoin crypto currency. And not only to say that on Bitcoin alone. Because we cannot measure not just the Bitcoin success but also all other thing's success here in the world we are living into. No one does that. No one can say what the future brings. So, even how deep down the Bitcoin right now, it still.have a lota possibilities to rise up again.

[legenduim]

I think we can measure the success of bitcoin by looking of the effect in the individual who are earning with bitcoin. I know that the bitcoin and whole crypto currency meet their goal that helping people while they doing their business.

When I hear and see more information about Bitcoin in mass media, when I hear about new investors and crypto traders, when  I learn another celebrity or a millionaire invested in BTC it is a success of this cryptocurrency for me.

[rosemary4u]

The success of bitcoin should rather be measured in the impact that it has on people. This amazing digital currency called has a brighter future than it has ever happen, so I believe the positive  side of bitcoin far outweighs the negative side so the future certainly looks great with more success.

[resty]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

I can say that BTC was successful if it will be at least stable to its price last wave that was ranging 14K to 16K dollars. It was a historic event in the crypto world, everyone is trading and the market was very active. Now its price was bleeding to  4 000 dollars, no one will know what will happen next but one thing is for sure Crypto will be never out of place today.  

[Epokicecool]

THIS!!!

This is really the question most of us should be asking, instead of constantly worrying about the price.

But, it is quite hard to measure the success though as. Well at the beginning, from a few dollars to a thousand dollar was definitely a big milestone for BTC and should be accounted in the measure of success. However, from there on the price is not as relevant anymore (perhaps if we can break 20k). 

What is more important are companies / industries applying blockchain tech, the growth of this should also be added as a part of BTC success.
We could look at the price and volume and try to measure the success of BTC through that, but really it would not be a real value of its success as the price and volume is not sustainable and could drop anytime. Its real success should be counted through ppls usage of the blockchain tech.

[gabmen]

it is clear to measure the success of the crypto currency with the results and profits with our investment and with a large profit, of course the risk will also get a big risk too

That's not it. Bitcoin wasn't made to simply be something where people can make money from. It was made to advance the way we do transactions and make it easier. Once we achieved that and bitcoin becomes accepted openly by governments, then i think that would be real success.

[pinkpanther03]

Nowadays, bitcoin is really popular all over the world and lots of merchants too are adopting the system features of BitcoinBTC also.
Isn't enough to say with all of this popularity is a sign of bitcoin success where the blockchain technology has been spread out in the entire world now. And some country Bitcoin was already regulated just for example Japan, Bitcoin, Europe and more.

[coinwizard_]

Success would be when old grannies can walk into a coffee shop and pay them with bitcoin. It means there is mass adoption and everyone finds it easy to use

[Ezenwanyi1]

The success of bitcoin cannot be measured by the rate it's been sold now.
I can say bitcoin has been successful compared to what obtained in the last couple of years.
We could see companies, industries implementing the blockchain technology these days.
The bitcoin's adoption rate also increased .

[yanesna3]

I think the success of BTC was measured by the number of supporters who adopted BTC as an electronic currency and a means of payment as well as an investment tool

True, my friend. It is not measured with the price of the cryptocurrency. Look at the current situation - Bitcoin is 6 times cheaper than last winter but its popularity is only growing.

[Snyderfx2]

By me, the measure of how successful bitcoin is,is how many people uses bitcoin and how well bitcoin is able to satisfy the users.
I can also say, the ability of bitcoin to be able to maintain a satisfactory quality as the user increases over time.
Then,if bitcoin can remain the highest valued cryptocurrency.

Without a doubt like you have mentioned user satisfactions is a major fact when measuring the success of bitcoin because even it is a incredible investment asset there are much more things it can do as a digital currency to the business world and it is progressing as a currency even at this moment adapting into businesses because it potential features which can give many benefits to customers ad companies and that is significant when considering the success of bitcoin as a currency

[Savemore]

We can measure it by observing the society if most of the people are now using bitcoin. The bitcoin is still in early stage and there are only some people who have care about bitcoin. There are more people who are not interested to bitcoin because of lack of awareness.

[FlightyPouch]

I think the success of BTC was measured by the number of supporters who adopted BTC as an electronic currency and a means of payment as well as an investment tool

True, my friend. It is not measured with the price of the cryptocurrency. Look at the current situation - Bitcoin is 6 times cheaper than last winter but its popularity is only growing.

I think the price also represents its success. You see, the price of Bitcoin is based on the movement of it in the market and that means that if the price is high, the demand is high. When the price is falling down, that just means that the demand is also falling down. You can see its success through its price movement in the past until now.

[socksserver3]

I think that success of btc is measured by the number of people who invest in it as well as the number of governments which allow using it. I think that btc is the best coin ever

[adjudicator]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

Yeah, lots of people are being obsessed because of the price of the bitcoin but at the end is it the way that bitcoin want to. You are right that ease of use, levels of adoption and scalability are the things that we can use to measure the success of bitcoin.

[josea123]

Sounds nice when you put it like that, but at the end it will be more like a store of value. Just like Gold is.

[repsol]

I use simple way measuring the success of Bitcoin, I use two variables to measure it such as the value of Bitcoin itself and the existence of it (the number of users it then elaborate in many ways). In fact, the history of bitcoin from early age, it has been well recognized by many people around the world and the value is also keep raising.

Isn't it a sign that bitcoin successfully reach the goals? but we know that the goals are more than from what we see know.

[jojohamasa]

Your words are true to some extent
the adoption and achievement of BTC objectives, especially financial freedom
Is the most important goal
But this not goes against the achievement of a fair price for the BTC
Do not forget that public adoption will raise prices in general.

[CaVO32]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

very well-said. mass adoption will drive the demand the use of bitcoin. and right now, we are still in the process of mass adoption and people are now learning what crypto really is. and to giant companies, they are now developing their own blockchain, which later on, will create more demand of cryptocurrencies. the $19k-btc value was not the real value at the time, that was due to the overhype created by so many individuals who joined the bandwagon without knowing what they were into.

[CryptoSmile]

Bitcoin's success can be seen from the many users of bitcoin, which means that bitcoin is trusted by many people, besides that the price is also the most important part where we can see the success of bitcoin. I hope that bitcoin can become a national currency that applies throughout the world, so we can proudly say that is the real success of bitcoin.

[Andruha1993]

I disagree a little with you. Yes, we need BTC for permanent use, as it is very convenient. But its price should not seem to me to be low, but vice versa.

[mitchr4]

Bitcoin still has the popularity of many people who are getting to know, use, and try to invest so no doubt that bitcoin can still be used in the next few years.

[Valer4ik]

Yes, there is no plum, the war of forks that fell on the general decline including the stock market.

Write a lot correctly, but all this is not as essential as it seems.

In order to understand how stable this is all, conduct an experiment, take the most deadly coin and try to play with it, setting its goal to destroy it, and see what will happen, you will be greatly surprised how stable the system is, even with the amount several times larger than capitalization, if the coin has there is a community you will be powerless, you lose all your money and the coin will flourish ☺.

[bosta20]

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

Wow! I totally agree with you sir! Nice view point! But i still think btc will worth more if alll those things are in place! More adoption means more price!

[don_ricci]

For me, the success of Bitcoin is its final consolidation in the modern world. Its recognition by states. This will mean freedom and anonymity. People will no longer be dependent on a clumsy financial system, all this will be left in the past. That's how I understand the success of Bitcoin.

[Dimas99]

measure the success of using crypto currencies with what is gained in profits in the form of real currency because we know crypto currencies cannot yet become legal currencies throughout the world

[Jcabudx]

Everybody knows how successful bitcoin was, if you don't know about that you were not truely one of the bitcoiner of you are just new in crypto world.

[Rena5]

I measure the success of bitcoin for me, it become part of the society now.I mean the adoption of private companies for payment method in returns for services and goods.It exist almost over 10 years and counting more.No matter how it cost nowadays still one of a well known coins.

[Lorin]

To measure the success if bitcoin is depends on how many people are adopting and understand bitcoin positively. How they truly believe bitcoin that it can give a good opportunity to everyone. And also government legalized it.