Bitcoin become an asset - page 10. | Bitcointalksearch.org

muddy waters

member

Activity: 294

Merit: 10

JOIN THE NEXT MEGATREND IN CRYPTO!

Quote from: indrakusumaindra on June 08, 2018, 06:46:40 AM

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

Bitcoin is something unique having features both of currency and asset.
Yet this news is a good sign meaning that the governments are trying to give some kind of definition to bitcoin thus raising interest in crypto in general.

rinkeshkashyap01

newbie

Activity: 232

Merit: 0

Bitcoin is using it as an asset to be able to earn big amount of profit, not as currency. In my own opinion .The most important thing that makes Bitcoin valuable is that, Bitcoin is different from the other. Bitcoin is a kind of asset, it has great value, and evaporates at any time

Helen Jessica

newbie

Activity: 30

Merit: 0

I think yes, bitcoin becomes an asset because the value of bitcoin is high enough and also its stock is limited. This can be said to be an asset to me. But some people sometimes say something else. And though we are different thoughts but we remain the same. that's just my opinion.

ExhibitGap25

newbie

Activity: 49

Merit: 0

As far I know we can called those things asset which doesn't has fixed value and if we hold this there is a possibility to get profit and some time loss and bitcoin has all this qualities.

Ngajim

member

Activity: 279

Merit: 13

For me bitcoin can be as asset because bitcoin is very profitable nature. And of course bitcoin is digital currency for the future.

assy

jr. member

Activity: 110

Merit: 1

I think bitcoin is an asset, bitcoin is an investment asset because of its very profitable nature. You can also use a currency but still rarely use it, maybe one day many people use it as a digital currency that is very popular with many enthusiasts. I think people's opinions are different.

Otsu

full member

Activity: 546

Merit: 100

Well, if we invest in bitcoins, it will consider as an asset because we want to make and earn more profits from our investments. Nowadays, it is very essential to have bitcoins since the price are decreasing and the moment when it goes back at the highest level, surely we can be able to have satisfactions in here.

Persiontateneis

newbie

Activity: 45

Merit: 0

Obviously BTC become an asset because it has monetary value and most of the people invest in here of the purpose of earning money.

Klongkhunosi

newbie

Activity: 56

Merit: 0

For now many of the users or communities have bitcoin they make assets for the future, because bitcoin can also be made in assets or investments. Bitcoin is an asset and a currency.

James_H

sr. member

Activity: 517

Merit: 250

I consider Bitcoin valuable or an asset for people because they want Bitcoin. For every other currency, Bitcoin follows the rules of aupply and economic demand. this helps people make trading easier, allows holders to convert goods into commodities that can be traded widely through business sales and then used to buy almost anything they want. Bitcoin can now be seen not onlyas a digital currency but also as a perceptive asset, in many countries bitcoin is used as an asset for investment .

vainnew

jr. member

Activity: 77

Merit: 1

I think Bitcoin is an asset, an asset is some kind of economic resource. It can be controlled or owned and it provides the owner with value, usually financial. A house is an asset, you can sell a house and get cash in return. If it’s hard to tell the difference between the two, consider this. Assets tend to have a built-in promise of increased future value. Based on those definitions Bitcoin could be both a currency and an asset. It was created to be a currency and you can certainly buy things with bitcoin. Bitcoin also can be said to be an asset, because you can sell your bitcoin and convert it to USD (or any other currency) whenever you like. It’s more liquid than something like a house and since its inception it’s tended to rise in value.

nambunamba

member

Activity: 378

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: RandyGamage on August 22, 2018, 03:15:47 PM

Bitcoin could be an asset as you said, but it is an asset with a high volatility. just because of that feature I doubt whether the majority will be ready to accept bitcoin as an asset. I think that's why they call bitcoin as a bubble.

Yes the volatility happen cause its open world wide for everyone and the price really affected by the demand of community. Many people think this is could be a bubble like dot-com that happen in 90's. I do really curious what bitcoin could be in future and i believe bitcoin yet touch the peak and still developing.

Chichitalent

newbie

Activity: 26

Merit: 0

Quote from: indrakusumaindra on June 08, 2018, 06:46:40 AM

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

Well this is absolutely true Bitcoin is the best digital asset now . it is easily exchanged according to their own currency. so it may easily told that bitcoin is an asset.

letzdodiz

newbie

Activity: 182

Merit: 0

Bitcoin is quite an asset and an advantage that made texchange by means of computerized virtual money. numerous individuals are keeping bitcoin into investments/ventures and offering their stock if at any point they need a volume of cash to spent for whatever they need to purchase starting at now, since this is just an elective coins not yet perceived as essential money utilize this time

POM

sr. member

Activity: 547

Merit: 254

I agree those who says that bitcoin is a combination of an asset and a currency. These days people mostly use it as an asset, they invest in bitcoin and they wanna get some profits. I don’t blame anyone. Today, crypto seems like a way to earn money somehow. But it’s a very young market so probably this mindset will change in time and we’ll see that people use btc more as a currency.

onaiwusun

newbie

Activity: 154

Merit: 0

Actually bitcoin is a combination of both a currency and as an asset class. Its perceived value in the future is enormous , so people prefer to keep some as an asset or a store

Acsirp

newbie

Activity: 126

Merit: 0

It is truly the outcome of this investment of bitcoin ,for it has a value and things with values we can considered it as an asset, that is why bitcoin is also considered as digital gold in the cryptoworld business, bitcoin has a great value and investing in it is like buying gold and silver.

Cool1

member

Activity: 102

Merit: 10

I personally think bitcoin is a digital currency for the future.

okjanu

newbie

Activity: 126

Merit: 0

Yes,i belief bitcoin became an asset.If bitcoin is an asset it mean it has value.It has the potential to bring in huge profits over any investment.This growth or let me say demand most people buy bitcoin to hold believing that the price will go up in the coming years.It is an asset worth keeping of the moment.

Samuel Cofie

newbie

Activity: 58

Merit: 0

Since it inception, Bitcoin has always been treated more as an asset or store of value than the coin necessary for transferring money easily over the internet. So if people perceive it as an asset, i must say that they are not mistaking at all.

Topic: Bitcoin become an asset - page 10. (Read 6627 times)