Post
Topic
Board Bitcoin Discussion
Re: What do you think of the current status of Bitcoin?
by
chaoscoinz
on 11/12/2019, 14:00:08 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 and cryptocurrencies have seem to have stagnated as of late. Bitcoin is stuck around $7500 per coin. It's having a difficult time crossing the threshold of and staying above the $8000 price mark.
 The best thing to do is to remain optimistic,  hoping for a successful and bright future.