Pages:
Author

Topic: Bitcoin become an asset - page 29. (Read 6627 times)

full member
Activity: 392
Merit: 100
July 26, 2018, 08:56:49 AM
it's depend how you using it. he strength of Bitcoin is its ability to function as both money and an asset. Like gold, the value of Bitcoin will continue to climb as it becomes more of a scarce commodity that people want to own.
It is true that bitcoin now is also becaming an asset because we all know that bitcoin is great investment and many people are making a lot of money with bitcoin and now many investor is keeping there bitcoin because it can help them to make many income.
newbie
Activity: 27
Merit: 0
July 26, 2018, 08:53:15 AM
As the Bitcoin price high countinues, the big question has arised whether it is over valued. Because Bitcoin is a digital risk assest not a currency.if you have own bitcoin you have an assest, but it is not safe refusal.
newbie
Activity: 266
Merit: 0
July 26, 2018, 07:34:12 AM
I agree Bitcoin should not only become an asset it should be more considered as a currency because it is the main reason it was build in the first place but it is becoming more as an asset among people due to its continues price increase and the demand it gains in the world so rich crowd tends to buy and keep Bitcoin rather than using it which is sad
member
Activity: 203
Merit: 14
July 26, 2018, 07:29:54 AM
Hard to say. I think it is a big future in crypto because of blokchain technology. Soner or later majority will make transaction on block-chain to avoid mediator aka banks.

Transaction will be cheaper and faster but some development is still needed. It my be an asset a value should increase but BTC was one of the first there is no guarantee that no coin will replace it.
full member
Activity: 462
Merit: 100
July 26, 2018, 07:24:59 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 some people using it as an asset since bitcoin is digital and already recognize as currency since it is already converted into cash.
member
Activity: 357
Merit: 10
July 26, 2018, 07:23:12 AM
In this world now everything can be possible because of media,and if you say so that bitcoin can be asset i think it could be,and i heard some news regarding the use of bitcoin in a illegal activities ,so i think this is a bad side of having bitcoin.
full member
Activity: 361
Merit: 106
July 26, 2018, 07:08:50 AM
I would rather agree with this statement, that Bitcoin is well suited to be considered an asset
thus, the bitcoin function itself is not forgotten as it is now
in my own country, Bitcoin is not considered a currency, therefore it should not be used as a substitute for official means of payment and may only be owned
in my country for making this as an source of income yet this is not acceptable to take for as an source of income to declare for that is why making this an asset are for those that are truly well known the value of this currency.
newbie
Activity: 126
Merit: 0
July 26, 2018, 07:06:52 AM
BTC will reach a dimension that no one can even imagine, and everybody will hear BTC one day, but its effect will already reach the extreme botuts
member
Activity: 336
Merit: 10
July 26, 2018, 07:02:37 AM
Well the news have a point when they say bitcoin has now become like an asset instead of being used a digital currency where we can use it to purchase items on the market and other trading platforms. Let's not be in haste because the currency has been created but then avenues to accept digital currencies are not many so i believe with time as more online marketing sites call for the acceptance of bitcoin then crypto enthusiasts can use it in trading.
newbie
Activity: 28
Merit: 0
July 26, 2018, 06:16:57 AM
Yes i agree that the bitcoin becomes an asset because bitcoin is so useful and valuable thing and it is also have a high quality or high currency
And it is very useful for some banks BTC used for faster transaction, we all know that the BTC has a very high currency
member
Activity: 161
Merit: 10
July 26, 2018, 06:08:43 AM
Bitcoin is money and while it's an advantage like in because of the unpredictable bitcoin idea it has a tendency to create enthusiasm as the market continues to grow, and again when you hold bitcoin for some time, it turns into a benefit that can be twofold or even triple the amount you donate.and then bitcoin is a computerized money that is shared and does not include outsiders. But for me personally most bitcoin I use as my assets or savings in the future. because I am sure in the future the price will be good .
hero member
Activity: 1470
Merit: 555
dont be greedy
July 26, 2018, 05:33:17 AM
I would rather agree with this statement, that Bitcoin is well suited to be considered an asset
thus, the bitcoin function itself is not forgotten as it is now
in my own country, Bitcoin is not considered a currency, therefore it should not be used as a substitute for official means of payment and may only be owned
newbie
Activity: 182
Merit: 0
July 26, 2018, 05:10:54 AM
Most investors believe bitcoin is an asset and many people think so. And I think so too, because when you invest in something, it's no longer a mere exchange of money with which you trade with property. With bitcoin too you buy it means it has become your own property and you can let others inherit this property through inheritance transfer. And believe you mentioned to us this is good news, but I think it has not been completely accepted by korea. I hope the future will have more countries to accept bitcoin as the national currency.
newbie
Activity: 156
Merit: 0
July 26, 2018, 05:02:26 AM
Bitcoin is an electronic asset started in the year 2009 with strong net work systems it is a new form of economy which much suitable to the modern world.It has the specific characteristics such as a decentralized one with anonymity.Its all transactions are recorded in an electronic ledger with block chin technology.The inclusion of the block chain technology to the systems ensures its security..Because of the above features bitcoins usage and popularity has wide spread world wide and can be used in many ways .So it is an asset to the global community.
member
Activity: 194
Merit: 10
July 26, 2018, 04:52:04 AM
Lots of touchable currencies have in this world. Some country have same currencies some are different. This currencies also have many issue such as overvalued, appreciates, strong or weak, undervalued and so on. We all know about this issue. But bitcoin is totally different from this currencies issue. It is digital, solid and have very good security. If one coin sold another coin replaced automatically which make it available all time and stable as well. So if we want to invest bitcoin may be the first choice then other coins because Bitcoin is an asset.
member
Activity: 196
Merit: 11
July 26, 2018, 01:28:33 AM
currency or assets, it all depends on how you look at it. bitcoin as a currency. because basically, Bitcoin is the currency. but bitcoin can be an asset but an asset that is too risky for me.  Grin
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
July 26, 2018, 01:21:06 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.

The description as an asset is from business personnel and financial institutes after considering of the coin's features. How many trade have you done with the coin recently? I also desire the currency features to be activated to drive high volume trade but it has worked.
newbie
Activity: 210
Merit: 0
July 26, 2018, 01:15:15 AM
I am confused the reason South Korea recognizes Bitcoin as an asset.
Though Bitcoin is a digital currency and often for investment.
Bitcoin is the most valuable digital currency and is for investment for many people because Bitcoin has great value for profit.
So Bitcoin may be called an asset because the value of Bitcoin is very high and it is worth the asset.
newbie
Activity: 82
Merit: 0
July 26, 2018, 12:58:06 AM
For lile any other currency, Bitcoin follows the rules of aupply and demand of the economy. This helps people to make trade easier, enabling holders to convert goods into a widely tradable commodity through the business sale and then it uses to purchase nearly anything they wish to have. The most important thing that makes Bitcoin valuable is that, Bitcoin is different from the other. It has its own capabilities to people's want, it shows its uniqueness to people.
full member
Activity: 664
Merit: 112
Ethernity CLOUD
July 26, 2018, 12:44:24 AM
yes bitcoin can be an asset but in a country that has received bitcoin as a means of payment will use bitcoin as currency. I really like the crypto currency because it has more usability than fiat money.
Pages:
Jump to: