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Topic: Bitcoin become an asset - page 21. (Read 6627 times)

sr. member
Activity: 462
Merit: 250
August 02, 2018, 01:58:18 PM
It is an asset, it is being utilizing by a lot of people as a asset with a great store value. Most of the people here in the community are utilizing it as a asset since it is the way to be able to maximized its profitability. It is a good news that Korea is regocnizing Bitcoin already as a legal asset, that is good for their people and the community as well.


More and more people are thinking that bitcoin is an asset while others consider it as digital currency, whatever bitcoin is, the most important thing is the price will keep increasing more.
Yes we can say that people are using bitcoin as an asset.Earlier people considered gold as an asset as people used to hold gold for future price rise.Gold is stable so the profit margin is nil or very less.On the other hand bitcoin is very volatile and so the price rises or falls and this volatility is the main reason why people are preferring bitcoin as an asset.People are holding their bitcoins for future price.People are even buying bitcoins and holding them.
sr. member
Activity: 686
Merit: 250
August 02, 2018, 10:16:15 AM
Bitcoin is currently an asset, not yet rated as currency.
It takes much time and development for bitcoin and altcoin to be considered as currency.
full member
Activity: 444
Merit: 101
August 02, 2018, 10:13:51 AM
Absolutely more than anything else in terms of usage, bitcoin is now an asset, a store of value.   It is kind of bitter sweet because it doesn't really represent the intended use case any longer but in terms of giving the average joe an opportunity to increase his/her wealth with minimal fiat investment, then its fantastic.  Like most conventional assets, investing in bitcoin can lead to great returns over time. 
newbie
Activity: 63
Merit: 0
August 02, 2018, 10:01:00 AM
Yes definitely Bitcoin is an asset and it has proved in the past and will prove in the future for sure.
newbie
Activity: 114
Merit: 0
August 02, 2018, 09:53:22 AM
Bitcoin is the most valuable digital currency and for investment for many people because Bitcoin has great value for profit. Bitcoin can be an asset but in a country that has received bitcoin as a payment tool it will use bitcoin as a currency. I really like crypto currencies because they have more uses than paper money.
copper member
Activity: 168
Merit: 0
August 02, 2018, 09:38:24 AM
Bitcoin is an asset and a store of value which will be bigger than gold in the near future by giving power to everyone in the world to decide how they rule their world compare to how other asset are centralized to the rich ones and making poor less privilege, and they are getting richer but Bitcoin gave power to everyone by decentralizing it use.
newbie
Activity: 26
Merit: 0
August 02, 2018, 09:26:06 AM
Are these sources reliable? If a country blocks all transactions, that country will lag behind. All our efforts are now to try to get Bitcoin into place in the economic, cryptocurrency technology market.
newbie
Activity: 196
Merit: 0
August 02, 2018, 08:42:47 AM
Any of the thing that has a very large value can be considered as an asset, in the part of bitcoin a digital cryptocurrency , which has a very high price value among altcoins, can becconsidered already as an asset because you owned it by yourself.
newbie
Activity: 145
Merit: 0
August 02, 2018, 08:41:06 AM
It is an asset, it is being utilizing by a lot of people as a asset with a great store value. Most of the people here in the community are utilizing it as a asset since it is the way to be able to maximized its profitability. It is a good news that Korea is regocnizing Bitcoin already as a legal asset, that is good for their people and the community as well.


More and more people are thinking that bitcoin is an asset while others consider it as digital currency, whatever bitcoin is, the most important thing is the price will keep increasing more.
member
Activity: 826
Merit: 10
August 02, 2018, 08:26:16 AM
I think so, bitcoin deserves to be a future asset because bitcoin prices always go up, many people become successful and rich because bitcoin so buy bitcoin is a smart move.
full member
Activity: 350
Merit: 100
August 02, 2018, 08:23:59 AM
In all matter of time, bitcoin will always been an asset. Most of the people are want to invest to these coin and depends on their plan in they need on long term and short term investment.
member
Activity: 196
Merit: 10
August 02, 2018, 08:21:01 AM
Bitcoin has always been an asset and will continue to be. What's happening now that other countries are legalizing cryptocurrency is because of Bitcoin.
sr. member
Activity: 1372
Merit: 275
August 02, 2018, 08:18:17 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.

maybe now bitcoin is still an asset because bitcoin in my country has not been officially recognized as a currency that is valid if the possibility of all countries recognizing bitcoin as a currency of course investors consider that as a currency too
newbie
Activity: 42
Merit: 0
August 02, 2018, 08:17:28 AM
I think that bitcoin is the most active coin because it began to be used often so it can be considered that bitcoin becomes the most active currency
member
Activity: 173
Merit: 19
August 02, 2018, 08:15:43 AM
It is an asset, it is being utilizing by a lot of people as a asset with a great store value. Most of the people here in the community are utilizing it as a asset since it is the way to be able to maximized its profitability. It is a good news that Korea is regocnizing Bitcoin already as a legal asset, that is good for their people and the community as well.
full member
Activity: 358
Merit: 108
August 02, 2018, 08:03:23 AM
Flat currency is being used on large scale but it is accepted nationally and the cryptocurrency is not used on very large scale but it can be accepted worldwide but many countries still not accepting bitcoin and that's why we can't say bitcoin a full fledged currency.Although,it has become a great assest in market.
jr. member
Activity: 140
Merit: 2
August 02, 2018, 08:02:19 AM
You are right bitcoin is a digital currency just that it value makes it look more like an asset.
newbie
Activity: 112
Merit: 0
August 02, 2018, 08:01:33 AM
Someone treating Btc as an asset doesn't stop anyone from using it as a currency. I believe Btc can be used as both asset and currency.
full member
Activity: 308
Merit: 102
August 02, 2018, 07:57:50 AM
I have long believed that bitcoin should not be called a crypto-coin, but a crypto-asset. Which can be compared to an asset of gold or silver. Bitcoin is a resource that is mined by machine, as well as gold. This is an information resource that has a very high volatility
jr. member
Activity: 140
Merit: 1
August 02, 2018, 07:46:27 AM
Bitcoin has long been an asset and quite expensive. Most people now use it that way, investing money in it both in the short and long term.
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