Post
Topic
Board Speculation
Re: Has Bitcoin reached its goal?
by
xena2
on 25/08/2018, 02:57:11 UTC
I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022),
this is not the "price goal", it was one of the many speculation of what the price may be by then.

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but the goal that it would be a legitimate alternative to inflationary government fiat currencies.
if by "legitimate" you mean something that the government approves then you are wrong this is not the bitcoin goal either.

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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;
there is a simple explanation for it, people don't care about altcoins!
depending on what goal was set.  But if it is its effectivity and reliability as a crypto currency,  most probably it has reached an extremely high goal compared to other crypto.