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Topic: Bitcoin become an asset - page 22. (Read 6627 times)

full member
Activity: 378
Merit: 100
August 02, 2018, 07:42:06 AM
Well, bitcoin is supposed to be a currency but as we all know its digital and cannot totally get involved in every normal  transactions like other currencies.So for me its more an asset than a currency
Right now i agree that bitcoin is becaming an asset rather than to be used as s currency but i am still confident that in the future we can still sble to used our bitcoin as currencies all over the wolrd but now we should focus more on buying many bitcoin makes a lot of profit with it.
jr. member
Activity: 296
Merit: 2
August 02, 2018, 07:22:25 AM
If anyone makes bitcoin an asset, it indicates that bitcoin has trust and hope for a better future. But for me bitcoin is the digital currency, which is my source of income, and is a hope to improve a better life in coping with financial problems Smiley
Many people think that bitcoin is their asset because it has a high income and overcome financial problems. first I know bitcoin because in terms of my vision bitcoin is just a gital currency, but now bitcoin is worthy of being a value-growing asset and a very crowded market.
member
Activity: 266
Merit: 10
August 02, 2018, 05:58:22 AM
in my opinion, I think that bitcoin can be called with 100% confidence an asset, since you can earn good money when investing in bitcoin.
newbie
Activity: 42
Merit: 0
August 02, 2018, 05:47:53 AM
I think that bitcoin in the future will be the most active currency as it is now often used and in the future it will be used everywhere.
member
Activity: 252
Merit: 10
August 02, 2018, 03:26:13 AM
Yes, Bitcoin is a great asset and a great savings. Once you engaged in this, you are able to explore the trading world and understand the cryptocurrency world. This is something amazing and people must try. Who knows one day, you'll earn millions out from it.

I agree with you about it. But you always need to study something new. Most of the people don't have any knowledge about cryptocurrency so they decide not to join it. It is a very terrible things.
jr. member
Activity: 280
Merit: 1
August 01, 2018, 03:49:04 PM
Personally, I think bitcoin is a kind of asset, it has great value, and evaporates at any time
That is the problem of many assets in the world such as gold and oil. The price of assets usually fluctuates but bitcoin needs to be stabilized a little with regards to the pricing so people can have huge confidence in this amazing asset.
jr. member
Activity: 197
Merit: 1
August 01, 2018, 03:13:40 PM
Bitcoin is now an asset for the work of someone who follows his work, because the bitcoin forum can be made into materials to earn money. And also he is giving every individual a platform to work also as their is work there is earning so bitcoin is becoming an asset.
jr. member
Activity: 140
Merit: 5
August 01, 2018, 07:14:21 AM
Well isn't the IRS calling it "property"? Like similar to a house? It means that it is illiquid value, technically an asset.

No central bank or government will recognize it as a currency. That means that they would have to accept it in banks as legal tender. And they'd have to allow exchange offices to buy and sell it. They don't want that, because that's basically admitting that it is a safe substitute for the local fiat. It's like saying we can now go and buy bread and milk with our grams of gold.
sr. member
Activity: 481
Merit: 251
August 01, 2018, 07:08:55 AM
 Maybe in years future it can be true in every country in the world but now I don't think all the people know all opportunities that bitcoin give us. You really need to feel more knowledge about using Bitcoin in our daily life only after that we can call it an asset for us.
jr. member
Activity: 224
Merit: 1
July 31, 2018, 06:39:40 AM

I think Bitcoin is an asset because I believe in Bitcoin. Bitcoin has a monetary value and it has make so many people rich. Bitcoin has an a particular investment assets and it is not like digital currencies, It is used as a means of payment,the higher the bitcoin value the greater the profit.
jr. member
Activity: 126
Merit: 1
July 31, 2018, 05:15:32 AM
I suppose bitcoin is an asset because bitcoin can provide many blessings and we additionally spend money on bitcoin and if we purchase bitcoin whilst bitcoin charges are at low tiers and we resell them while bitcoin prices bounce we are able to get a variety of blessings of route and some earnings way to bitcoin.
member
Activity: 97
Merit: 10
July 30, 2018, 03:08:56 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.



Most people have been using Bitcoin as an asset for a long time. Few people use it as money to purchase things with. Most people even learned about Bitcoin as an investment.
This was actually a case where a person had obtained money (Bitcoins) via illegal activities, and the government previously couldn't confiscate the money because according to the law in South Korea, Bitcoin was not considered a tangible asset. This new decision was specifically to confiscate those Bitcoins by declaring Bitcoins as an asset.


member
Activity: 179
Merit: 10
July 30, 2018, 02:28:16 PM
I rate bitcoin indeed as an asset, particularly investment assets and not as digital currencies. because the money used as means of payment, but for now very little that using bitcoin as payment. most of the bitcoin holder hold your bitcoin and traded in the market. not as a means of payment but rather as assets that are traded.
newbie
Activity: 195
Merit: 0
July 30, 2018, 02:23:53 PM
for south Korea to have accepted bitcoin in their economy shows that bit coin is making head ways. bitcoin is actually an asset and can be used to secure the future if carefully handled or traded with. bitcoin has blessed so many lives most especially the youths around. irrespective of what the market is saying now, i still see bitcoin as an investment that is viable.
newbie
Activity: 8
Merit: 0
July 30, 2018, 02:22:01 PM
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. Since, Bitcoin can earn money, bitcoin is said to be a kind of property.However, bitcoin is not a permanent asset.Because, it is an ongoing process and it is changing very quickly.
newbie
Activity: 78
Merit: 0
July 30, 2018, 02:02:22 PM
You can call it an asset aswell, to be called a currency needs way more, honestly I do not think this is bad news, its good actually its nice to see more and more governments accepting bitcoin, this will make more people invest in it aswell and understand the concept.
newbie
Activity: 182
Merit: 0
July 30, 2018, 01:59:45 PM
Most of us believes that bitcoin is a currency because it serves as your money online, you can transact without getting your wallet. But this is just through online. As you said bitcoin becomes concrete and been highly thought of as asset in South Korea. Their paperwork see the utter effect of bitcoin through the individuals in their community. It is stated that bitcoin is an asset for them, subsequently it's satisfying for bitcoin because it should eventually attract more investors to invest very roughly bitcoin because it will be easily be traded. If our nation would be same as South Korea, that would be pleasurable for as crypto currency holders.
newbie
Activity: 23
Merit: 0
July 30, 2018, 01:32:06 PM
Bitcoin is considered as a asset by many, also for me I utilize to earn profit that has a very big potential for growth but it is only paper money that can not be grasped and looking directly it is only connected through computer which is connected to the network.
newbie
Activity: 7
Merit: 0
July 30, 2018, 01:28:57 PM
Bitcoin is an asset. With its ability to increase in value based on market trends and not necessarily have fixed value.
full member
Activity: 420
Merit: 100
July 30, 2018, 01:14:04 PM
For me, Bitcoin is not just a digital currency but also known as a digital asset, because it is used for your investment to make a profit. We break Bitcoin into our own asset and then we are enjoying it, using our daily work and saving for the future.
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