Bitcoin become an asset - page 38. | Bitcointalksearch.org

davit putra

copper member

Activity: 409

Merit: 0

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 better served as an asset, and more uses it as an investment. I myself prefer to be an asset because it is more profitable.

Baokali92

newbie

Activity: 99

Merit: 0

we have a lot of good assets in the form of home soil and even bitcoin I am making a future asset because I see that bitcoin development is very promising although now downhill I will never stop to increase my assets and I am sure that someday will be a good asset. Shocked

Alns

sr. member

Activity: 602

Merit: 250

Quote from: ?? on ??

For me bitcoin is already an asset, first I know my bitcoin is just a bitcoin sight is a currency only, but now bitcoin is worthy to be an asset with a growing value. And I think its already good if bitcoin can be an asset because bitcoin have limited supply.

Good point of view. I agree with you because for me personally bitcoin become an asset in real life. In the past I have in western it $500 and everyday I'm working with it.

billbear

member

Activity: 294

Merit: 10

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.

I love the way bitcoin is right now, because my opinion in his both that you can spend on some things around, and also it is an asset that you

richardson1128

newbie

Activity: 27

Merit: 0

Bitcoin can either be an asset or a currency. But cannot be both. The only certain thing is that cryptos depend mainly to people who are behind it and still supporting it. As we all know they all change value frequently almost everyday.

Vanhoang2000

newbie

Activity: 98

Merit: 0

When you take your property such as money to buy bitcoin or you get gold to change bitcoin then bitcoin is of course your personal property and you will use it as your personal property.

Amy Halll

newbie

Activity: 56

Merit: 0

In my opinion, currency is also a kind of asset. So bitcoin is money or assets are the same

Gramna

member

Activity: 197

Merit: 16

Personally speaking, I prefer to utilize my Bitcoins as assets in my trading and investments rather than using them to shop online. Don't get me wrong, I was also able to use it as a mode of payment before, no hassles, I just see it as more convenient and efficient using it in trading and investment. Its value is so much that, I am having a hard time spending it online wherein I can spend fiat anyways.

ansdb

newbie

Activity: 80

Merit: 0

asset is something has value like gold, in the past people exchange with gold vs services/goods, so it's simple that bitcoin considered as an asset and also as a currency

Boys27

full member

Activity: 329

Merit: 100

The Exchange for EOS Community

I think personal bitcoin can be said currency can also say asset, depending on where we look at bitcoin, but for me personally most bitcoin I use as an asset or my savings in the future. because I am sure in the future the price will be good

imrul5

newbie

Activity: 56

Merit: 0

Yes, it is true that bitcoin was supposed to be a medium. But due to high demand and huge fluctuations it has become an asset rather than a currency.

Kimchu kuno

newbie

Activity: 84

Merit: 0

Quote from: FrueGreads on June 08, 2018, 09:03:52 AM

I do agree with OP, and this is not what bitcoin was created for, but I do understand that in order to become a currency, bitcoin probably needs to follow this path first. If bitcoin is an asset it means it has value, since it can be easily traded, I think it wont take long for it to actually become a currency as well. My only problem with this, is to know how these trades will be taxed, because that could eventually harm bitcoin use as a currency. One thing is sure though, if bitcoin gets recognition as an asset, it should eventually attract more investors, and that should be good for BTC.

It is good to be an asset and owned privately rather than liabilities.

Strange9

newbie

Activity: 32

Merit: 0

I am sure btc someday will be a good fortune

aso118

legendary

Activity: 1918

Merit: 1012

★Nitrogensports.eu★

Quote from: hakertajniak on July 15, 2018, 03:48:39 AM

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.

i think there is nothing wrong with bitcoin if it is going to be an asset to be used by peoples.
peoples who invested on bitcoin from few years ago, they already earn profit now.
So, i think it is alright for bitcoin to became an asset to invest.

That is true. In the end, it does not matter how people view Bitcoin - as an asset, as a currency, or as a commodity. There will be different sets of people who view Bitcoin differently and derive a distinct utility from it. The market price will incorporate all these different views.

iiikkkxj

member

Activity: 86

Merit: 10

Governments that view cryptocurrencies as assets will likely treat those "currencies" differently from how they would treat fiat currencies.

hakertajniak

member

Activity: 504

Merit: 10

YOUC | John McAfee Supports

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.

i think there is nothing wrong with bitcoin if it is going to be an asset to be used by peoples.
peoples who invested on bitcoin from few years ago, they already earn profit now.
So, i think it is alright for bitcoin to became an asset to invest.

hakertajniak

member

Activity: 504

Merit: 10

YOUC | John McAfee Supports

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.

In my country, bitcoin is considered as a digital asset too, maybe because the value of bitcoin is expensive.
cryptocurrency is volatile, so it is not a currency because a currency will need have a stable price from my opinion.
either as an asset or currency, bitcoin has brought many peoples wealth in their life which is good.

cabitu

member

Activity: 163

Merit: 10

good news for bitcoin lovers, if there has been something that makes bitcoin as an asset, hopefully for the time to come bitcoin can be used as the world's nasinonal currency so bitcoin become the pride of every lover.

[email protected]

newbie

Activity: 37

Merit: 0

bitcoin is an asset. Moreover, the property is very valuable. The value of Bitcoin changes and we use it as an asset to trade with other currencies as well as sell for profit.

Sam San

sr. member

Activity: 630

Merit: 250

Quote from: *kimcil* on July 14, 2018, 01:24:15 PM

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.

I think bitcoin is a currency and not an asset. Bitcoin is a currency created to solve transaction problems where bitcoin can perform transactions without any bank intermediaries, it's a good value in society. because of the limited number of bitcoins and the increased demand for bitcoin, bitcoin prices are soaring, this is what prompts people to invest long-term rather than spend their bitcoin to shop.

bitcoin brings us back to the origins when ordinary gold was both an asset and a currency for payments. then there were all kinds of paper, suragate simplify the calculations, it was not necessary to carry the gold between the countries. now bitcoin is doing it faster and is a strong asset in itself.

Topic: Bitcoin become an asset - page 38. (Read 6627 times)