Post
Topic
Board Bitcoin Discussion
Re: What do you think of the current status of Bitcoin?
by
BlackFor3st
on 11/12/2019, 03:45:22 UTC
Hi, all!

I just wanted to ask what you think we as a community achieved in 2019.

For me every year and every day has been amazing and awesome!!

Although, there are many issues with Bitcoin but considering what it was in 2016 what it is now? Bitcoin is known! Why?

If I only think about the Fiat value of Bitcoin now and what it was 4 years back there is a huge upward swing.
If I think about its adoption then and now there are so many websites accepting Bitcoin.
If I think about Is Bitcoin a Ponzi Scheme there are so many articles arguing Bitcoin legitimacy to those MLM schemes.
If I think about how difficult was to understand this concept, there are amazing articles on the Internet to help you.

I know there are so many reasons but, I cannot recall all of those.

Write it down below if I have missed something.

Bitcoin is getting stronger as the days passes by and the acceptance is getting bigger as more countries are legalizing the use of Bitcoin and other crypto currencies.

Though the demand this year is not that high compared to peak seasons but the Bitcoin dominance this year is very high compared to other currencies which is more than 50%. Bitcoin is getting famous also as more and more people are starting to know Bitcoin as the time passes by.