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Author Topic: How do you measure the success of Bitcoin?  (Read 1497 times)
munareal
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December 12, 2018, 11:23:17 AM
 #121

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.
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December 12, 2018, 12:13:36 PM
 #122


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.











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December 12, 2018, 02:21:35 PM
 #123

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?

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December 12, 2018, 02:38:39 PM
 #124

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
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December 12, 2018, 04:28:58 PM
 #125

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.

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December 12, 2018, 05:14:34 PM
 #126

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 

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December 12, 2018, 05:26:53 PM
 #127

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.

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December 12, 2018, 05:58:24 PM
 #128

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.
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December 12, 2018, 08:33:36 PM
 #129

        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.
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December 12, 2018, 10:00:59 PM
 #130

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

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December 12, 2018, 10:02:13 PM
 #131

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.

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December 12, 2018, 10:10:55 PM
 #132

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.

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December 13, 2018, 04:27:26 AM
 #133

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.

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December 13, 2018, 05:30:31 AM
 #134

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.

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December 13, 2018, 07:24:16 AM
 #135

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
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December 13, 2018, 07:41:32 AM
 #136

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.
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December 13, 2018, 08:18:39 AM
 #137

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
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December 13, 2018, 08:24:28 AM
 #138

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.

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December 13, 2018, 10:58:34 AM
 #139

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.
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December 13, 2018, 11:39:40 AM
 #140

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.
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