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Author Topic: How do you measure the success of Bitcoin?  (Read 1627 times)
Eraldo Coil
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December 02, 2018, 11:18:22 AM
 #101

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.

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December 02, 2018, 11:27:47 AM
 #102

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.
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December 02, 2018, 11:42:00 AM
 #103

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.
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December 02, 2018, 12:39:06 PM
 #104

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.

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December 02, 2018, 12:45:33 PM
 #105

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.

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December 02, 2018, 01:23:23 PM
 #106

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

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December 03, 2018, 09:56:02 AM
 #107

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.

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December 03, 2018, 09:59:13 AM
 #108

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!)
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December 10, 2018, 12:28:23 PM
 #109

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.
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December 10, 2018, 01:16:40 PM
 #110

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
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December 12, 2018, 03:51:03 AM
 #111

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.
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December 12, 2018, 04:08:36 AM
 #112

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
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December 12, 2018, 04:50:37 AM
 #113

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.

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December 12, 2018, 05:39:08 AM
 #114

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.

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December 12, 2018, 05:58:30 AM
 #115

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
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December 12, 2018, 06:26:05 AM
 #116

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.

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December 12, 2018, 09:05:01 AM
 #117

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.

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December 12, 2018, 10:19:37 AM
 #118

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
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December 12, 2018, 10:24:59 AM
 #119

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 ..

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December 12, 2018, 10:47:18 AM
 #120

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.

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