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Topic: Bitcoin become an asset - page 41. (Read 6627 times)

newbie
Activity: 294
Merit: 0
July 13, 2018, 02:17:48 AM
I think bitcoin is a benefit. Property is a place to store esteem, it can enable you to increment or abatement the estimation of aggregate resources.
full member
Activity: 340
Merit: 100
July 13, 2018, 01:32:01 AM
Bitcoin is an asset that you must try to have because Bitcoin has many benefits that you will get in the future.
full member
Activity: 1218
Merit: 105
July 13, 2018, 01:14:38 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 can indeed be used as an asset because of the value it can grow, and by having it then people will benefit. Bitcoin will not lose its original value as a cryptocurrency even though many of them use bitcoin as an asset.

You have a point with that. And I do agree with you too. We can utilize bitcoin in both aspect. Either a currency or an asset. But whatever it is a currency can be categorized as an asset too. Asset in ways of money or investment. But I think bitcoin can only be both when we recognized it as one of our currencies and not just a digital money.

Being a currency or being an asset is not a problem as long as this technology is being useful in different ways. I do believe that when Satoshi Nakamoto created Bitcoin its sole purpose is to simplify our payment system and make it less hassle and make life easier and now Bitcoin become an asset and a means of investment but I am not saying that it is not good, I am only pointing out the real purpose of this technology and what it has become today. Cheesy
newbie
Activity: 177
Merit: 0
July 13, 2018, 12:27:48 AM
Bitcoin is an asset and a currency, but I think it's more of an asset, we still use bitcoin like gold keep it until price gets high, but some people use it as a payment which make it a currency.

For me, bitcoin cosidered as an asset because of the high value in our market. Like gold and silver it is an asset, we store also bitcoin to gain a higher amount, so that's why we can called it asset and at the same times a currency.
newbie
Activity: 75
Merit: 0
July 13, 2018, 12:08:49 AM
Bitcoin is an asset and a currency, but I think it's more of an asset, we still use bitcoin like gold keep it until price gets high, but some people use it as a payment which make it a currency.
member
Activity: 138
Merit: 15
July 13, 2018, 12:04:43 AM
Bitcoin is indeed an asset, its price appreciate over time. Bitcoin is more than a currency, since it's value grows not the same way a normal currency grows. Who would have thought that in a span less than 10 years, bitcoins would reach a price like this. It's ever growing, and we can say that bitcoin is really the new gold.
newbie
Activity: 546
Merit: 0
July 12, 2018, 01:23:35 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.

yes bitcoin is an assets not a currency, This surge in value has invigorated Bitcoin backers convinced this boost in value makes Bitcoin a more credible currency, that it is a sign of the cryptocurrency’s strength
full member
Activity: 406
Merit: 100
July 12, 2018, 01:16:28 AM
bitcoin it have a tendency to generate hobby as the marketplace preserve developing, and once more whilst you hold bitcoin for a long term it turn out to be an belongings which has the capacity to double or even triple the quantity you invested on it. And also bitcoin is a virtual forex that it nature is a peer to see and does now not contain 1/3 birthday party.
member
Activity: 336
Merit: 10
July 12, 2018, 12:51:53 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.


Yes bitcoin became already an asset, a currency, a thing which we can trade...and if you are treating it as an asset you can get a huge profit too...But its our fault that we all became greedy enough that we are trading these to get rich... Everyone is getting interest not because its a currency but because through this they can become rich..
copper member
Activity: 19
Merit: 0
July 12, 2018, 12:47:40 AM
We would pretty much either BTC will become a single digital currency in the future or it will slow die off to make way for other coins. It is hard to distinguish it as a currency at the moment. Id say as a digital asset in the current advanced economy is where is is at in this contemporary era.
newbie
Activity: 24
Merit: 0
July 12, 2018, 12:43:26 AM
It is a big issue that people do not realize currently. Current situation is that no one wants to spend his bitcoins.
newbie
Activity: 70
Merit: 0
July 12, 2018, 12:40:05 AM
I think bitcoin is not just a digital currency but it is also a digital asset.It is an asset because we use it as investment to earn profit. Currency because we use it as a payment method online. In other word bitcoin is two in one,it is a decentralized digital currency at the same time it is an asset.
member
Activity: 144
Merit: 15
July 12, 2018, 12:34:47 AM
I additionally imagine that a great many people incline toward it as a benefit and not as a money. On account of its unpredictability where it can possibly ascend later on, more individuals are purchasing and thinking, going for broke that whenever it will be their approach to gain greater measure of cash. Additionally as a result of its unpredictability, it is difficult to utilize bitcoin as a cash cause it can go all over whenever and it doesn't have stable esteem not at all like fiat cash. A large portion of us concede bitcoin is a prevalent cash due to the proficiency and ease of use of blockchain innovation. Be that as it may, a few people call bitcoin as a property. they have their own particular reasons or that they have contributed bitcoin with their own particular resources.
full member
Activity: 281
Merit: 100
July 12, 2018, 12:22:41 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 a good asset. It can be your advantage to other people. Just like me, I think if you have bitcoin you can have a better future because I believe that bitcoin will be our future.
newbie
Activity: 700
Merit: 0
July 12, 2018, 12:12:35 AM
Bitcoin is my asset. Bitcoin earning from this my wallet.Bitcoin seel from real money.Bitcoin earning & this withdraw my wallet.Day by day this price increase. Many people earning bitcoin & submit this wallet.Day by day it's price highly. Some times this price high & some time this price down.Knowledge people bitcoin price increase bitcoin seel.so I there for it's very highly payment method.
full member
Activity: 378
Merit: 101
July 11, 2018, 11:59:02 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.


Bitcoin can indeed be used as an asset because of the value it can grow, and by having it then people will benefit. Bitcoin will not lose its original value as a cryptocurrency even though many of them use bitcoin as an asset.

You have a point with that. And I do agree with you too. We can utilize bitcoin in both aspect. Either a currency or an asset. But whatever it is a currency can be categorized as an asset too. Asset in ways of money or investment. But I think bitcoin can only be both when we recognized it as one of our currencies and not just a digital money.
copper member
Activity: 497
Merit: 0
July 11, 2018, 11:46:32 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.


Bitcoin can indeed be used as an asset because of the value it can grow, and by having it then people will benefit. Bitcoin will not lose its original value as a cryptocurrency even though many of them use bitcoin as an asset.
newbie
Activity: 73
Merit: 0
July 11, 2018, 11:32:45 PM
Bitcoin was and will be an asset. This is the first coin that rose to such a cosmic price than gave impetus to the development of the crypto-currency market. Even when it falls in price it remains the main thing.
newbie
Activity: 127
Merit: 0
July 11, 2018, 11:23:00 PM
Asset that you can't count on your natural assets, lol. Government strategy everyone.
Government: "You must include your Bitcoins and other coins or tokens on your asset"
Holder: "Why?"
Government: "TO PAY UP TAXES"
Government you are so sick. LMFAO here. Roll Eyes
God
member
Activity: 169
Merit: 10
July 11, 2018, 10:09:40 PM
I agree on this in some cases, there are a lot of people that still consider bitcoin as an asset/investment and that is what is causing a lot of confusion on the outside, there are even people who think that bitcoin is a super asset to make a huge profit from.
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