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Topic: Bitcoin become an asset - page 2. (Read 6627 times)

member
Activity: 378
Merit: 35
September 17, 2018, 02:21:21 AM
No doubt that Bitcoin is an asset (a digital asset) as well as all other cryptocurrencies. Everyday traders wildly invest in all cryptocurrencies, use them in exchange operations and finally earn fiat money.
newbie
Activity: 2
Merit: 0
September 17, 2018, 02:17:18 AM
 By definition of an Asset, it is anything owned or controlled that can bring future economic benefits. The question now is that does bitcoin falls iinto this category the answer is yes. Many people hold bitcoin with the intention tthat the price will rise in the future so that they can sell it to make profit which represents future benefits. It is also hold as a means for exchange or value to buy other coins on the exchanges
newbie
Activity: 14
Merit: 0
September 17, 2018, 02:06:19 AM
Actually i think bitcoin is an asset, with high price than several yeah ago, now bitcoin is high value assets and its price can change day by day, and it can be pump in the future, so everyone protect bitcoin very carefully, the person who holds more bitcoin use advanced security techniques to protect them in the safest way.
full member
Activity: 280
Merit: 101
September 17, 2018, 02:05:17 AM
Bitcoin was an asset from the very beginning and it can be perceived only in this way. I think it would be a mistake to consider it a currency.
jr. member
Activity: 252
Merit: 2
"I invest and Doing Bounty Campaign"
September 17, 2018, 02:03:41 AM
Well this is absolutely true Bitcoin is the best digital asset now . Btc price and demand always high thats why every crypto enthusiastic people want to reserve Btc for future.
Yes aside from that people are keeping bitcoin because they thing of it as an investment. These are the common things that people has seeing bitcoin. Some may say that it is use as a form of payment and others would say that bitcoin is an asset. I may say either of those things they say are all right and correct.
full member
Activity: 364
Merit: 100
September 17, 2018, 01:56:27 AM
Bitcoin is crypto currency and it is also an asset and for now if we have invest our money for bitcoin and crypto so it is good because bitcoin is like a cash and it is liquid cash now we can sell our bitcoin for cash and it is converted into many international currencies like Euro, USD Pound and many other coins. Bitcoin is asset now for everyone.
newbie
Activity: 139
Merit: 0
September 17, 2018, 01:32:50 AM
On my own opinion, I can considered bitcoin as an asset.. Since nowadays, bitcoin has a value..We can also considered it having an economic value.. So, it can be an asset, a current asset to be specific..
Current Asset is an asset that can be converted into cash and expected to be consumed within a year.. we can also use it as for investment (short term or long term). Not far from the way that bitcoin used in cryptocurrency ecosystem..
newbie
Activity: 266
Merit: 0
September 17, 2018, 01:21:28 AM
Bitcoin is certainly your wealth for me. Because you can make money from Bitcoin. Which you can convert to cash. And we know cash is considered as wealth.
newbie
Activity: 68
Merit: 0
September 17, 2018, 12:45:34 AM
Yes bitcoin become an asset,  we know bitcoin is number one legend coin in the world,  and bitcoin have a big community. Many People's work With in bitcoin and earn good profit in here,  and make their life very shine.  So it is say that, bitcoin become an asset.                   
sr. member
Activity: 476
Merit: 262
EOSABC
September 17, 2018, 12:44:23 AM
Frankly speaking, I don't think it is an asset but as long as it's price increases like it is in the past years, it'll be considered as an asset. People still trying to INVEST in crypto rather than Using them.
newbie
Activity: 10
Merit: 0
September 17, 2018, 12:40:09 AM
Yes, It is a digital asset
full member
Activity: 580
Merit: 101
September 16, 2018, 11:52:31 PM
Good way for being bitcoin become your asset, we have know how increase and growing of bitcoin price last four years. it be more profitable for making bitcoin become your asset and you can get much money at the future.
member
Activity: 518
Merit: 21
September 16, 2018, 11:40:09 PM
In countries where bitcoin is recognized as a digital asset, there will be no problems with its spread and introduction of blockchain technology.Well, currencies should be stable. When it is so fluctuate, it is hard for any vendor to use it as payment system.
Yes but cryptocurrency is not used for means of payment in those centralized system. As cryptocurrency only used as a form of payment for decentralized system like here in the cryptocurrency system. And we are able to understand that market price for the coins do fluctuates yet it could still be used as a form of payment here in a decentralized system and not in the outside wolrd where centralized system is widely used.
jr. member
Activity: 294
Merit: 1
September 16, 2018, 11:38:07 PM
i hope one day this will happen to my country .  now they prevent trading and minning in my country .
member
Activity: 180
Merit: 10
September 16, 2018, 11:24:24 PM
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 in my opinion is an asset, and bitcoin is a currency, but a bitcoin currency is a very strong currency from any perspective so we can say bitcoin is a currency and a big asset.
newbie
Activity: 2
Merit: 0
September 16, 2018, 11:04:53 PM
I read in this forum, indeed for now there are many investors who make bitcoin an investment asset, there are still a limited number of people who use it as a transaction tool, it may be due to the limited facilities and the space for bitcoin itself but that doesn't matter because it has not had a negative impact on bitcoin now
newbie
Activity: 28
Merit: 0
September 16, 2018, 10:58:17 PM
Bitcoin aims to be a virtual currency, because bitcoin has many functions and sees from the development of bitcoin to date. I feel there is nothing wrong if they say bitcoin is an asset, you can use bitcoin as an asset if you only store it in the wallet, and can use it to become a virtual currency, if you trade.
member
Activity: 462
Merit: 10
September 16, 2018, 10:48:16 PM
It can be said that bitcoin is an asset in the future because indeed we can use it for the future, not for something instant, Bitcoin requires a process to provide more benefits. The possibility of the bitcoin holder will not release so quickly with a low value, but the holder will hold it for the appropriate time so that it can be judged fiat value.
newbie
Activity: 84
Merit: 0
September 16, 2018, 10:43:16 PM
This everlasting inquiry regarding the bitcoin nature. What is Bitcoin? An ever increasing number of individuals see that the universe of customary back isn't great. Maybe BTC will be broadly perceived the world over, which will be reflected in the expansive exchanges volume. In this manner, bitcoin can turn into a broadly utilized Worldwide Advanced Cash. This is the best situation! In any case, to do this, it needs to end up more steady against different monetary forms. National banks and governments must perceive bitcoin ,at that point it can contend with fiat.
newbie
Activity: 283
Merit: 0
September 16, 2018, 10:41:23 PM
Bitcoin is very suitable to be used as an asset in the future because bitcoin provides benefits for all of us. Although the government has not been able to accept bitcoin but I am sure that many people who still use it even use it for assets in their future. Making bitcoin for the future is a very good idea that I think can provide benefits and improve their economic use.
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