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Topic: Bitcoin become an asset - page 31. (Read 6627 times)

full member
Activity: 336
Merit: 100
July 24, 2018, 11:09:25 AM
personally i think bitcoin is an assets,when ever bitcoin is a currency, but bitcoin currency is very strong currency so we can say bitcoin is a currency and big an asset.
Bitcoin an interesting investment choice for those looking to store and potentially grow their wealth not entirely dissimilar to stocks or real estate. Just as physical gold exist as a valued investment based solely on the belief that it will always have value, so too does Bitcoin carry value in its scarcity.
sr. member
Activity: 812
Merit: 250
July 24, 2018, 10:36:28 AM
personally i think bitcoin is an assets,when ever bitcoin is a currency, but bitcoin currency is very strong currency so we can say bitcoin is a currency and big an asset.
Bitcoin can be used as an asset and as currency. Aside from bitcoin an asset and currency you can able also use it as investment where you can able to make good profit. However, bitcoin is more capable to use an currency where can be exchange in some valuable things and it always use in many transactions.
newbie
Activity: 32
Merit: 0
July 24, 2018, 09:05:08 AM
It is hard to bitcoin into a kind of property because the government is afraid of bitcoin
jr. member
Activity: 392
Merit: 1
July 24, 2018, 07:24:24 AM
In my opinion, I think bitcoin should  be classified as a currency since it is a digital currency. Currently people classify bitcoin as an asset because they sell to earn fiat currency. Those who classify bitcoin as an asset see it as a property that can be sold to earn money.
sr. member
Activity: 481
Merit: 250
July 24, 2018, 06:59:59 AM
I believe that bitcoin should be an asset, not a currency. It should be traded, but it should not be a means of payment. Many people think that bitcoin will pay in the store for bread or mineral water, however, I believe that this stage will not be. For this there are other alternative coins, such as Bitcoin cash or ripple, etc.
newbie
Activity: 121
Merit: 0
July 24, 2018, 06:41:10 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.

I think bitcoin is not just a digital currency but it is also a digital asset. It is an asset because we all use it as an investment to get a profit. Currency because we use it as a payment method online.
full member
Activity: 616
Merit: 118
July 24, 2018, 06:13:15 AM
I think bitcoin can also be used as an asset because of the price of bitcoin progressively increasing. bitcoin also can be traded like stocks
full member
Activity: 247
Merit: 100
July 24, 2018, 06:09:49 AM
More and more people see that the traditional financial world is not perfect. Perhaps BTC will be widely known around the world, which will be reflected in large transaction volumes. Furthermore, bitcoin can be a widely used digital global currency. It's the best scenario! But to do this, it needs to be more stable against other currencies. Central banks and governments should recognize bitcoin.
full member
Activity: 461
Merit: 101
July 24, 2018, 05:56:28 AM
As we all know, bitcoin can be used as a digital currency, bitcoin was somehow asset on some point, it was also a resources which gives money tonus people who used it. Bitcoin has different usage which makes it more attractive, not only for transaction but for investment as well. It depends on the person who was using it. Bitcoin was really profitable and helpful when it comes to financial need. Not only today or this present days but in the future times.
Due to its high demand and popularity I think that it is right to say that bitcoin now is an asset. A lot of people has invested on it already and the put money, trust, effort and time just for the hope of earning a profit. We allall know that bitcoin is really capable of giving us a better living. So I thinkthink owning a bitcoin makes you have an asset.
full member
Activity: 756
Merit: 102
July 24, 2018, 05:51:12 AM
Bitcoin is being utilized as an asset for now though. Surely because of the volatility of its value that can double your invesrtment in a short span of time. The legalization in south korea is truly a good news and i hope other contries try to do the same.

bitcoin nowadays can also be used as a currency to buy or pay someone because transaction fees are also cheap due to the fact that bitcoins value is also low but of course bitcoins main usage is mainly for an asset purpose because of its high volatility although we cant expect to earn in just a short time , knowing that the price can only pump on the last quarter of every year .

Not only bitcoins but also other altcoins and tokens as well , both of these cryptos can also be used as an asset aside from being a currency medium .
newbie
Activity: 84
Merit: 0
July 24, 2018, 05:46:58 AM
Bitcoin is being utilized as an asset for now though. Surely because of the volatility of its value that can double your invesrtment in a short span of time. The legalization in south korea is truly a good news and i hope other contries try to do the same.
full member
Activity: 493
Merit: 100
July 24, 2018, 01:16:11 AM
I think btc is more suitable for assets than used as currency. its highly volatile value is difficult to use as a currency. and when we do the btc use quite difficult because we have to wait a long confirmation time and not all stores are willing to accept btc as a means of payment. I prefer to use btc for digital assets or investments than for currencies.
newbie
Activity: 36
Merit: 0
July 24, 2018, 12:34:56 AM
I look forward to another opportunity for other financial institutions to follow after this new big one from Korea. more investors will see the possibility of investment. In addition, Bitcoin is really an asset, just how you put your investment into the market. It's good for short-term and long-term investments, it's just a matter of taking care of your business investment. I look forward to another opportunity for other financial institutions to follow after this new big one from Korea. more investors will see the possibility of investment. In addition, Bitcoin is really an asset, just how you put your investment
full member
Activity: 414
Merit: 107
July 24, 2018, 12:02:23 AM
It's true that day by day Bitcoin is becoming a great asset for the future purpose because of the legalization around the world, I think within a couple of years Bitcoin will be the most precious asset against the gold and other valuable assets. so It should be kept for the future.
newbie
Activity: 64
Merit: 0
July 23, 2018, 11:55:50 PM
I think it's true that bitcoin is a kind of asset. People can earn the digital money and keep it for a long time and they can use whenever they want.
full member
Activity: 420
Merit: 100
Global Blockchain Solution For Transportation
July 23, 2018, 05:24:43 PM
I still think bitcoin is an asset, and it's hard to call it currency.
Because currency is going to be widely used, and bitcoin is hard to use on a large scale right now, I expect the lightning network to change everything.

True, bitcoin is not being used in some areas but i consider it as a currency that can easily be transfer anytime. It is also an asset for me since bitcoin has a good value.
full member
Activity: 546
Merit: 122
July 23, 2018, 05:24:13 PM
Certainly being a digital asset is one of Bitcoin's greatest potentialities. It is being seen more as a commodity than as a means of payment, it today is more like gold than with the dollar, and just as gold can be used to settle a deal Bitcoin may as well, then the future is very promising.
full member
Activity: 350
Merit: 107
July 23, 2018, 05:20:04 PM
As we all know, bitcoin can be used as a digital currency, bitcoin was somehow asset on some point, it was also a resources which gives money tonus people who used it. Bitcoin has different usage which makes it more attractive, not only for transaction but for investment as well. It depends on the person who was using it. Bitcoin was really profitable and helpful when it comes to financial need. Not only today or this present days but in the future times.
newbie
Activity: 147
Merit: 0
July 23, 2018, 03:39:35 PM
I still think bitcoin is an asset, and it's hard to call it currency.
Because currency is going to be widely used, and bitcoin is hard to use on a large scale right now, I expect the lightning network to change everything.
Cryptocurrencies including bitcoin are now assets called digital assets. To me bitcoin is a currency as well in that we use it as the mode of payment for services rendered to us and that make it a currency like the other physical currencies.
full member
Activity: 336
Merit: 101
July 23, 2018, 01:19:14 PM
Bitcoin is high risky but valuable asset. Due to  its  high demand   n volatility. Its price are unpredictable. You can call it DIGITAL GOLD . if u lost ur private key then forget  ur digitalasset. So  u need to keep very safe ur private key.
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