Whatever they call bitcoin , a digital currency , an asset etc . It doesnt really matter in my opinion . I mean , you are free to call whatever you want . As long as we know what its purpose is .
Im quite agreeing to bitcoin being called as an asset too , since its a valuable thing . To me its more important to my current fiat balance in my holding .
Topic: Bitcoin become an asset - page 19. (Read 6627 times)
one of the characteristics of a currency is to have a stable value. Does bitcoin have a stable value? No, I think Korea is right. bitcoin is an asset. because this is like oil gold, and other commodities. prices are unstable and prices are controlled by whales. currency is regulated by the government and the state to be stable. while gold is regulated by large investors.
Btc is now not only individual asset but also a global asset.
According to my point of view bitcoin can be used as an asset or as currency. But it is widely used as an asset. People invest in bitcoin and hold them in order to earn profits through the value changes. For bitcoin to use as currency it needs more approval and should be widely used. But still this is not accepted in many countries so that people used bitcoin in order to earn profits. In near future we can see whether bitcoin is going to make its place as a currency.
I think bitcoin can be an asset and can also be a currency because if we hold and invest in bitcoin for the long term it will become our assets for the future and bitcoin becomes a currency that can be used online to buy something
bitcoin investing as an asset only for risk takers because sometimes bitcoin rises significantly making the holder profitable but sometimes bitcoin drops significantly which makes the holder lose
Most of people consider bitcoin as an asset, the fact is its not only in south korea but most of bitcoin users are consider bitcoin as an aset rather than a currency. But it still a good thing that government of south korea recognize and regulate bitcoin as an asset, its mean that south korea can become good ecosystem for butcoin users. I hope more countries will follow south korea soon.
Undoubtedly bitcoin is a asset. It may took some time, but there is no doubt with that. At present some issues with bitcoin, but in future bitcoin going to be the world's best currency. So I think
Bitcoin is an asset.
Bitcoin is an asset.
I use bitcoin as a long-term investment, but I am willing to spend some of that investment to use bitcoin as a currency. But in my country, there is simply nowhere to do it yet.
Bitcoin is a very valuable asset that deserves to be used as a future investment, by making bitcoin an asset, we must treat it well, security is a very important thing that makes bitcoin safe from hackers or thieves.
Bitcoin has a lot of features which allows its users to utilize it either as a currency or an asset. As a currency because it can be used to patronize goods and services and as an asset because it has value.
Bitcoin is getting to be riches as I would see it. Yet, bitcoin is anything but a settled resource for you or me. Bitcoin is considered as a continuous resource asset. Since bitcoin has changed turns in a brief timeframe.
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.
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 has been treated as an asset by a big number of people in the community. They are wrong of course because they are not treating Bitcoin the way it should be treated, according to the version of the founder himself, Satoshi Nakamoto. However, who are you blaming? Would you be spending 1 or 2 Bitcoins when you are certain that if its value right now is $8,000, it will become $15,000 very soon. This, i.e. that fast growth of Bitcoin's worth, is the foremost reason why people are now shifting to HODL instead of spending Bitcoin.
Now bitcoin is mainly used as an asset, an investment, while he is young everyone wants to make money on it. And with the development of technical support for its use as a currency, it will be used more as a currency.
Yes it is an asset but one should consume it and don't keep for a very long time because no government in the world is accepting it a medium of exchange so why to hold for a long time.
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.
not only in Korea but almost all over the world recognize bitcoin as a digital asset. but almost all countries do not allow bitcoin for the means of buying and selling transactions. 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.
If we hold the BTC for accumulation, it will be more risky, BTC is only for investment and in the short term do not try to hold them for long periods of time you will be able to lose capital. If you want to accumulate, please convert to gold
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.
I do not have the same opinion with you. I think Bitcoin should be a currency and an asset to trade and make a profit on a daily basis. Bitcoin was born as a money transfer tool and now its value has been rising and it can be used to invest.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.
anyway, i just put Bitcoin in profit field and not interested in other fields.
Bloomberg reports that a memorandum circulating among Group of 20 countries may be firming up views of cryptocurrency classification.
These countries appear to be moving toward a consensus that cryptocurrencies may not be currencies at all but rather that it might make
more sense to consider them as assets.....
These countries appear to be moving toward a consensus that cryptocurrencies may not be currencies at all but rather that it might make
more sense to consider them as assets.....
it is true that bitcoin is a great asset for every holder because bitcoin has uncertain prices and many people who get extraordinary benefits other than being used as bitcoin investments are often used as excellent assets 
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