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Author Topic: Has Bitcoin achieved it goals?  (Read 11761 times)

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Re: Has Bitcoin achieved it goals?
« Reply #75 on: December 25, 2020, 06:25:19 PM »
What are Bitcoin's goals exactly?

That's precisely what i was going to ask. Is Bitcoin known to the world? Yes but not as much as we would like. We could ask a lot of questions about Bitcoin's goals, but we don't know what they are.
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Re: Has Bitcoin achieved it goals?
« Reply #75 on: December 25, 2020, 06:25:19 PM »

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Re: Has Bitcoin achieved it goals?
« Reply #76 on: December 25, 2020, 06:46:46 PM »
I don't think so, because bitcoin has not been fully recognized by all countries in the world that bitcoin can be used as a legal transaction tool, in fact there are still many countries that consider bitcoin to be illegal.

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Re: Has Bitcoin achieved it goals?
« Reply #77 on: December 26, 2020, 01:18:37 AM »
If you look at it now, you will see that the price of Bitcoin has reached its highest level. The current price stands at 24,600 dollars. And Bitcoin transactions are done in many ways, mainly in the countries where Bitcoin is in circulation, there are different types of commercial transactions through Bitcoin. They think Bitcoin is an asset to them.
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Re: Has Bitcoin achieved it goals?
« Reply #78 on: December 27, 2020, 02:31:07 AM »
What are Bitcoin's goals exactly?

That's precisely what i was going to ask. Is Bitcoin known to the world? Yes but not as much as we would like. We could ask a lot of questions about Bitcoin's goals, but we don't know what they are.

If the bitcoin goal is popularity, I think it will take several years again. Because We all know bitcoin is still growing up. Bitcoin always has negative issue and many people underestimate about bitcoin. I believe time will tell. Bitcoin will achieve the goals. We will see.

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Re: Has Bitcoin achieved it goals?
« Reply #79 on: December 27, 2020, 03:51:52 AM »
I believe it's not yet, because Bitcoin still not adopted in all classes, Maybe in the years to come, if the adoption will continue to prosper I'm sure the goal will be achieved.

You are right mate, Bitcoin still not addopted all class and several countries also have blocked bitcoin. It will take several years again we will see bitcoin achieve the goals. Because In my prediction  bitcoin will be more needed at the coming future.


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Re: Has Bitcoin achieved it goals?
« Reply #81 on: December 27, 2020, 10:13:20 AM »
Bitcoin has achieved a lot over the past years and deserves much credit for that yet has not reached it goal. Bitcoin is set to reach a global patronage where everyone will accept its usefulness in terms of payment method and adopt it in their businesses and transactions. Well, Bitcoin is still young as compared to the traditional fiat, hence there are still more rooms for developments.
Yes it is. Bitcoin has achieved more than it's goals. It was intended to be used as a decentralized payment system that cannot be affected by inflation. On the other hand Bitcoin has also widely been used for investment purposes.

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Re: Has Bitcoin achieved it goals?
« Reply #81 on: December 27, 2020, 10:13:20 AM »


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Re: Has Bitcoin achieved it goals?
« Reply #82 on: January 13, 2021, 08:25:20 AM »
Yes it is. Bitcoin has achieved more than it's goals. It was intended to be used as a decentralized payment system that cannot be affected by inflation. On the other hand Bitcoin has also widely been used for investment purposes.

Bitcoin only achieved the 2020 goal but the 2021 goal was still remaining. Bitcoin was predicted to reach the price of $50k in the 2021 first quarter and BTC did to reach the $41k, but it falls back because of some reason.
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Re: Has Bitcoin achieved it goals?
« Reply #83 on: January 13, 2021, 02:22:17 PM »
Bitcoin is not as much as famous that it should be there are so many countries where bitcoin is not legal and still bitcoin is not stable like stock market as we all know that bitcoin fluctuates a lot but I think this is not good for new investors.

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Re: Has Bitcoin achieved it goals?
« Reply #84 on: January 24, 2021, 09:57:28 PM »
Yes it is. Bitcoin has achieved more than it's goals. It was intended to be used as a decentralized payment system that cannot be affected by inflation. On the other hand Bitcoin has also widely been used for investment purposes.

Bitcoin only achieved the 2020 goal but the 2021 goal was still remaining. Bitcoin was predicted to reach the price of $50k in the 2021 first quarter and BTC did to reach the $41k, but it falls back because of some reason.
Bitcoin was not created to have a very high price tag. This is not his goal. It was created as a simple and secure means of payment without any intermediaries and as an alternative to the current payment system. Bitcoin never achieved this main goal. Bitcoin is still relatively rarely used as a means of payment.
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Re: Has Bitcoin achieved it goals?
« Reply #85 on: January 24, 2021, 10:13:13 PM »
Bitcoin is not as much as famous that it should be there are so many countries where bitcoin is not legal and still bitcoin is not stable like stock market as we all know that bitcoin fluctuates a lot but I think this is not good for new investors.

Fluctuations of bitcoin is normal mate, As trader I think We can get profit from price gaps..So No matter. I think If bitcoin is legal ,bitcoin will be more stable and will more popular than now. So, I think bitcoin will achieve its goals.

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Re: Has Bitcoin achieved it goals?
« Reply #86 on: January 25, 2021, 08:52:15 AM »
Bitcoin has achieved a lot over the past years and deserves much credit for that yet has not reached it goal. Bitcoin is set to reach a global patronage where everyone will accept its usefulness in terms of payment method and adopt it in their businesses and transactions. Well, Bitcoin is still young as compared to the traditional fiat, hence there are still more rooms for developments.

 ;D ;D I think we don't know what is ultimate goal of BTC. is it $50k or $60k or more. But we can be satisfied with present price of BTC and hope at middle of year it will hit atleast 50k$ where it already hit $43k.

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Re: Has Bitcoin achieved it goals?
« Reply #87 on: January 25, 2021, 08:58:40 AM »
Bitcoin is called the king of the cryptocurrency world. Bitcoin is currently trading at around 35,000, up from 40 40,000 a few days ago. Those of us who work with cryptocurrencies have predicted that by the end of 2021, the price of Bitcoin will be between 30,000 and 35 35,000.Before 2021, the price of Bitcoin exceeded  40,000. This is the goal of Bitcoin.
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Offline Wan_Sko

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    10 Posts First Post Karma
Re: Has Bitcoin achieved it goals?
« Reply #88 on: January 27, 2021, 09:51:12 AM »
I believe it's not yet, because Bitcoin still not adopted in all classes, Maybe in the years to come, if the adoption will continue to prosper I'm sure the goal will be achieved.

Offline CriptoLH

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    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Has Bitcoin achieved it goals?
« Reply #89 on: January 27, 2021, 10:04:31 AM »
Bitcoin is becoming increasingly popular and known around the world not as a means of payment, but as a secure investment. As bitcoin's price rises, not all people are able to buy it, but only wealthy people and institutional funds. So I don't know yet what bitcoin's ultimate goal is.
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