Post
Topic
Board Bitcoin Discussion
Re: How do you measure the success of Bitcoin?
by
Twentyonepaylots
on 12/12/2018, 14:21:35 UTC
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?