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Author Topic: How do you measure the success of Bitcoin?  (Read 428 times)

kamal420

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How do you measure the success of Bitcoin?
« on: November 30, 2018, 10:24:55 AM »
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?

yousufatik

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Re: How do you measure the success of Bitcoin?
« Reply #1 on: November 30, 2018, 10:32:14 AM »
I mostly agree with the opinion of OP as I believe that this success for Bitcoin should be associated with the vision of Satoshi to utilise Bitcoin as a payment system and it should be adopted across the globe enabling people to transact using blockchain technology without high cost or time. It doesn't make any sense to artificially manipulate the price and seeking the attention of outsiders but on the other hand, there is a satisfaction in the growth of user base resulting in the scalability of it.
                
                
                
                
                 
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bdsharminsoltana

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Re: How do you measure the success of Bitcoin?
« Reply #2 on: November 30, 2018, 10:34:21 AM »
Right now I measure the success of bitcoin taking a look at the adoption and volume, I think bitcoin was made to make transactions and replace or at least complement the traditional banking system, so I'm looking at the weekly volume, to know how much has moved and if interest in the public continues despite the low prices.
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pwt22

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Re: How do you measure the success of Bitcoin?
« Reply #3 on: December 01, 2018, 05:07:25 PM »
The measurements of bitcoin success could be through the meaningful uses and achievements. No matter how good and potential bitcoin is if there's no good return to community, country, and citizens bitcoin is just a dream or possible great illusion ever. Nowadays we can see bitcoin as one of the main source of couragement and discouragement through pump and dump scenarios.
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Abusadeeq6

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Re: How do you measure the success of Bitcoin?
« Reply #4 on: December 01, 2018, 08:49:27 PM »
Right now I measure the success of bitcoin taking a look at the adoption and volume, I think bitcoin was made to make transactions and replace or at least complement the traditional banking system, so I'm looking at the weekly volume, to know how much has moved and if interest in the public continues despite the low prices.
I agreed with you. The volume is gradually increasing daily
 
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arso96

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Re: How do you measure the success of Bitcoin?
« Reply #5 on: December 01, 2018, 09:15:59 PM »
in my opinion to measure the success of bitcoin is that of the many members who follow bitcoin as the value of this electronic currency as a daily transaction and can also be done anywhere without having to carry a thick wallet with full debit cards and lots of cast money.
Dafont MapQuest FileHippo
« Last Edit: December 02, 2018, 04:35:27 PM by arso96 »

dancoiner

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Re: How do you measure the success of Bitcoin?
« Reply #6 on: December 02, 2018, 03:46:30 PM »
It's the first and major digital gold.
That it's!

Cold_Zero

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Re: How do you measure the success of Bitcoin?
« Reply #7 on: December 03, 2018, 03:19:11 AM »
For measuring the success of bitcoin we have some easy ways like we can check the holders of bitcoin and we can just need to know that which part of the world is using it while crypto value for us if we know that crypto is available whether we need it or not and is it applicable in the world or not i like to say that bitcoin is the good for us through this we can make our lives more comfortable and good.

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rituvohra01

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Re: How do you measure the success of Bitcoin?
« Reply #8 on: February 26, 2019, 07:01:02 AM »
Bitcoin is the creator of crypto world if we saw the last 10 years of crypto world day by day people connected with it due to its success.

Jayde

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Re: How do you measure the success of Bitcoin?
« Reply #9 on: February 26, 2019, 09:38:05 AM »
For me it’s the domination, volume, and price of Bitcoin. Currently Bitcoin has fallen from the ATH and is trying to recover again
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Bamzmeca

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Re: How do you measure the success of Bitcoin?
« Reply #10 on: February 26, 2019, 01:21:01 PM »
Bitcoin is now far from the initial goal it created, first bitcoin was created to facilitate sending money to all countries without any currency differences, and cheap and fast shipping fees. Whereas today is bitcoin. Used to save assets and trade. And this is what makes the price of bitcoin very expensive

Richard

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Re: How do you measure the success of Bitcoin?
« Reply #11 on: March 01, 2019, 03:38:16 PM »
For me to consider Bitcoin success is when we have the ETF approved and Bitcoin was accepted worldwide as a main international payments currency

 

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