Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bosshyip on May 21, 2018, 07:18:46 AM
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
I dont think its working as inflationary alternative to government fiat currencies, I mean that change is not even observable in the current era. Fiat is still the strong hold and tell you what gold is still the best asset in this world no matter what you talk about the bitcoin or what price bitcoin has got today.
In general public the best currency is still fiat and best store value is still gold. It is just that you and me are more or less dedicated into blockchain thats why we see the fusion of it. But come on look at the world population and look at the number of people involved in it.
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Oh men! 250k is untouchable by that year. Bitcoin price now is 8k to 10 k and we are in 2018. Let say we will multiply 30k x4 equals 120k only at 2022 so it is too far from 250k.
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
that was imposible because bitcoin now is moving slowly in that case i dont think so they reach 200k in 2022 its a rumor only.
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No never,
I will goes ups and ups its demand will increase
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Bitcoin has not reached its goal yet but the prices will keep increasing as the years go by. Am sure the price will increase but it will not reach 250k
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I think bitcoin goal was not yet finished. There are more to wait in bitcoin development. We can expect more things and changes to come in our way in crypto.
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bitcoin have not reach it goal, the goal to be the world currency, goal to be accepted by all nation.
so nah it haven't reached it goal, but with time we will experience a high demand for bitcoin and cryptocurrency at large.
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Nope! Bitcoin plan is not only for 5 years or for 10 years. Assuming that bitcoin have wider plan than we think. It is not an actual business in the world but it is all about computer or gadgets in order to reach bitcoin place of communication.
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Yes I think it reached a maximum at some point. Of course the price will go up , but from technological point of view - i think this is the end.
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If I am personally convinced that prices will go up bitcoin, and perhaps for the achievement of the very possible if it could happen.
because I have always been convinced that the price of the bitcoin can certainly soared.
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Bitcoin is like a shooting star that almost everyone looks to this star because it is Beautiful to observe especially if it goes to green color. That will be the time that everybody's happy about increasing price which gives energy to pursue the world of crypto. There would be more to wait for bitcoin in the future.
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Bitcoin will continue to exist at any time. except for electricity supply, internet and computer IDs are removed on this earth.
Bitcoin is still a long goal because there are still many people who need it to be traded.
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Bitcoin has been used for some current transactions but for me the most important purpose of BTC is that it can be used for all transactions that apply around the world meaning bitcoin could be the national currency for the whole world and that goal to this day has not been achived by bitcoin.
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Bitcoin is still far from its ultimate goal, because its main task is to become a means of calculation, but now something is not very successful, because there are not so many supporters!
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Bitcoin has not reached its goal cause countries are fighting to restrict/prohibits the use of bitcoin. I don't support the fact that bitcoin should be generally accepted, but the fight of governmental agencies to stop its use is still an issue. If bitcoin should bye pass this, then its goal will be arcieved. As for the price, that's not an option to hold bitcoin for reaching its goal.
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I think bitcoin did not reach its goal because instead of increasing its market value, it drops too bad and now its market value, bitcoin continue to decrease to a very weak price and still no feedback when the marker.become stable.
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Bitcoin won't reach that goal until people start using it as freely as fiat currencies, in my opinion. It may happen eventually, but that clearly hasn't happened yet.
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then I will answer, bitcoin has not yet reached the main objective, to date he is still in the process of developing and refining the functionality up to at a later date he can fully provide the answers of what is actually required of individuals in the era will be more modern.
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Bitcoin has not yet reached its peak because Bitcoin was created to be the best in the future by becoming a pioneer for decentralized payments.
I am happy that Bitcoin is not created for crime and is used as well as possible.
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Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
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The best is yet to come for Bitcoin and other strong altcoins. The mainstream society is yet to accept the use of bitcoin when the time comes, Bitcoin will be in high demand and there will be a scarcity of it making the value great
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I don't think that bitcoin has achieved its goal, Bitcoin has mor height to attain, and it will surely again its height some day in the future.
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The goal of Bitcoin appears to be reached by the very investors who lack adequate understanding in the fundamental concepts of Bitcoin and how the crypto market works. Aside serving as a store of value and investment opportunity, Bitcoin was originally intended to function as a currency which will facilitate easy payment on a well decentralized mode, thus without any central or third party involvement. It was then intended to hit the mainstream adoption where almost every institution or business will integrate into their payment systems. This aspect seems to be far from reach, hence Bitcoin still have some adventure to take. There are more developments yet to enter the Bitcoin Blockchain which will speed up its journey to the mainstream adoption.
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Far from it, Bitcoin is just starting.
As a matter of fact, we are only witnessing the developmental stage of Bitcoin and we on that these stages are always charactized with uncertainty , ups and downs.
That's the stage bitcoin is on now.
It would get better as the days roll into years.
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for this year bitcoin did not playing so well but instead it drops too bad so this means bitcoin did not reach its goal and don''t know when the bull will happen since almost all investors are afraid to invest in crypto currency today.
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022)~snip~
Where do you get the information that bitcoin will reach $250,000/coin by 2022? Is it a valid source? It is too high amount, bro. I am doubt it is likely to happen. I think we must be more reasonable with the number even if it is in bullrun.
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. ~snip~
What do you think? I'd love to hear from some crytpo veterans.
Although relatively few, there are already business establishments and some individuals who accepts bitcoin as payment of goods or services. If the goal is to be an alternative to fiat, then yes that has been achieved.
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the main purpose of bitcoin is indeed an alternative to fiat money, but so far there are still many who do not want to accept bitcoin, maybe that is the obstacle of bitcoin achieving what is its main goal
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it will be too far if bitcoin can break into $ 250,000 in 2022, but hopefully it will be faster to go there if there are a lot of interest ..
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I believe that Bitcoin has a higher height to attain, so I will say Bitcoin has yet to see 2% of its goal, let's say for instance that bitcoin will get some assumed price of $200,000 in the future.
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Well, I do not particularly know whether by setting up an alternate mode of payment, Satoshi Nakamoto's goal was to really replace fiat money in its entirety or just exist as a major alternative to it. If it is the former then we still have a very long way to go, but if it is the latter then perhaps we are already functioning more or less. Either way, the full goal is not yet met. As an alternative currency, we are even going down somehow, as people are using Bitcoin as a form of investment.
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It's not so far, yet it's so near that Bitcoin will reached it's goal because we can looked at this coin slowly climing up in the market.So a little bit hold on you coin because the grace are coming.
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It's not so far, yet it's so near that Bitcoin will reached it's goal because we can looked at this coin slowly climing up in the market.So a little bit hold on you coin because the grace are coming.
It is still early to talk about reaching a goal,or better to say the goals.BTC step by step step is being implemented and progressing.
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
Yes, I think Bitcoin has reached the goal. At 2017 bitcoin is so valuable. I think bitcoin is struggling now. But I believe It will rise again soon.
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for the problem of bitcoin prices does have a very high value or price, but for the first purpose of bitcoin I think it has been achieved but only for some people who already understand bitcoin.
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I think Bitcoin hasn't reached the end because Bitcoin is still available for mining.
Then when the supply is already there then Bitcoin will also know what it will become and how with the supply that has been circulating.
I don't know, I don't know for the end of Bitcoin.
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I think it’s just a start for Bitcoin and everything still newborn, even this market too. To control and guidance such a newborn it will take time and many efforts
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Don't be upset. BTC now passing its bad days in market but sure it will come back strongly again. As it using blockchain technology, today or tomorrow it will accepted by all government and it will go like flat currency.
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I think bitcoin until now has not been able to achieve its main goal, even though currently the price of bitcoin has increased, because I think the main purpose of bitcoin is to replace the fiat currency.
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I think that Bitcoin will never reach the value of $ 250,000, it is also unlikely to reach the price of $ 100,000. We already see what happened after it rose in price only to $ 20,000. In the future, Bitcoin holders will be smarter and will partially drop their Bitcoins when it rises significantly in price and its price drops.
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
250k/btc is too ambitious! look at the price today it was decrease to below $4k or maybe could drop to $3k support. cryptocurrency is very volatile and hard to pump that high. i can only see bitcoin at below that price by that year.
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Reaching the price goal is easier reaching the legitimate goal because we all know ETF has been sent to SEC for approval since 2015 but still now, we have to wait, and therefore I think it will take a lot of time for Bitcoin to reach that goal