Bitcoin become an asset - page 20. | Bitcointalksearch.org

Mazda17

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Quote from: stormclouds on June 22, 2018, 10:36:07 PM

I truly agree, I understand the point but then Its a good thing that Bitcoin is recognized in the country even just an asset atleast It's been exposed to whoever wants to use the concept of the crypto currency.

Good thinking and I agree with the way you think.
If bitcoin starts to be recognized in any country, I'm sure bitcoin's popularity level is getting higher, even bitcoin is a valuable asset in the country, and there will even be many investors coming to join bitcoin.

LigwagGanern

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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 considered as asset because it helps a lot of people to get a lot of profits. It is also convertible in real money. To convert it you need to have a digital wallet that can hold crypto currency and fiat currency so that it is to use your bitcoin if there is an emergency. Bitcoin is the most popular crypto currency now, use it in a good way.

mifanmuzny

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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. A currency is a system of money, a means of exchange. You used currency to buy a latte this morning, or so you could watch the latest season of Altered Carbon on Netflix, 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. A house tends to increase in value in time and thus, is an asset. It’s not very liquid, unlike cash, and therefore can’t really be thought of as currency.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. Not everyone accepts bitcoin at the moment but you can use bitcoin on major retailers like Overstock and Newegg, and even Expedia will accept your cryptocurrency in exchange for plane tickets.

brainsmart

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I think this is good news for bitcoin investors. The Bitcoin is recognized as legally owned and shows that Bitcoin is slowly being accepted by the governments of the states

DaWidyaa

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In my opinion, depending on people who use bitcoin, whether they make the asset or currency all the same is to get a profit. so it makes no difference between making bitcoin as an asset and currency.

Al the Alpaca

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The Future Of Work

Quote from: Slayer21 on August 03, 2018, 05:31:44 AM

Bitcoin is a wealth I believe in it.Because, currently bitcoin is considered as an asset.Bitcoin also has a monetary value.Bitcoin can make people pay a lot of money.

Well, Bitcoin is literally a wealth because it is a legal cryptocurrency in all nations. I believe that bitcoin is the reason why many people are now rich and getting richer because they invested a lot of money, efforts and hardships in Bitcoin and other cryptocurrency. Bitcoin is considered as asset because it helps a lot of people to get a lot of profits. It is also convertable in real money. Well, if this cryptocurrency is not convertable into money, I will say that this is not an asset. Again, This is an Asset. Bitcoin is an asset.

stewart2012

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In some points we can really say that it became and asset, in fact it’s a good one. On the other hand, it created as a cryptocurrency at first. I think many people see btc as an investment way but still it could be use as a currency, too.

predictors

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Cryptocurrency as a tangible Asset that has a lot of values. Either once government recognize bitcoin as legal tender or when the market stabilizes and the value can be clearly measured then it will be cash or a cash equivalent. Being defined an asset is a win for crypto now, they are accepting the fact that it has value already worldwide.

Slayer21

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Bitcoin is a wealth I believe in it.Because, currently bitcoin is considered as an asset.Bitcoin also has a monetary value.Bitcoin can make people pay a lot of money.

dasha_buka

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Most likely it depends on what purpose you use bitcoin. Now bitcoin is mostly used for storing and accumulating valuables. I think that the value of bitcoins will grow on a par with gold.

bp124

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For now yeahh i agree with you because bitcoin is barely used for any form of trade or making of payment for transactions. This is because bitcoin is still in the process of being accepted by some institutions and some platforms. so let's give it some time.

Karakas

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I see bitcoin can be very expensive and bitcoin is also very little total supply so it will make bitcoin become very expensive, therefore bitcoin is more appropriate to be used as an asset but bitcoin can also be used for more of the assets see little supply

iranman

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My opinion is that at the moment, bitcoin is a good asset, it will become an excellent currency when its rate becomes more stable, it is now very difficult to make payments in bitcoin. the course jumps all the time. Of course I want to see it as a currency!

ZazaG7

newbie

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bitcoin`s mission was to be a money and until the point when quite a while it was considered as a cash and is considered now likewise yet the manner in which it is dealt with is more similar to a benefit and with those high expenses of exchange it will stay to be dealt with as an advantage.

Ikpirijor7

newbie

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I read about this news in south korea bitcoin is lawfully turned out to be recognizeable as resource. I do think bitcoin is a cash and not a benefit. I dont know whether this is uplifting news or not for digital money. One thing I accept with legitimization from government I do figure more financial specialists will come to put resources into bitcoin, yet I think if bitcoin turn into a benefit its not as it assume to on the grounds that I trust bitcoin ought to be a money which is cash is for exchange and resource isn't for exchange.

travelgear17

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special pc included on a server in a Swiss financial institution. Which has several ranges of safety. And i would examine Ethereum to silver as a valuable metallic. believe that 1 gram of metal is identical to at least one coin. that could be cool.

chaukhchi

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I think bitcoin is a currency that can be used as an asset.
being a currency because bitcoin can easily be used as a means of payment, while on the other hand bitcoin can be a very valuable asset if bitcoin is stored for a certain period of time.

loveinberlin

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I think that this is natural that btc has become an asset as it is really powerful and it is used by many companies now. You should use it as the main asset if you have such a chance now

Lmaooo

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santacoin.io

Indeed, the Bitcoin was created not only as a digital currency but also a digital store of value too. Wink

massimo123

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before we jump into the world of bitcoin, we must have known that bitcoin is an asset for a promising investment in the future ..!

Topic: Bitcoin become an asset - page 20. (Read 6627 times)