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Topic: Bitcoin become an asset - page 43. (Read 6627 times)

member
Activity: 154
Merit: 10
July 11, 2018, 11:07:37 AM
I think it is very hard to say Bitcoin is an asset or just a currency. I think bitcoin is both of them. You can see dollar or gold, you can use them for transaction or storing as an kind of asset.
newbie
Activity: 126
Merit: 0
July 11, 2018, 11:01:08 AM
I consider bitcoin as a benefit on the grounds that in the event that you have this computerized cash it could be trade to fiat cash so insofar as there is an incentive for bitcoin then it is an advantage. As we as a whole realize that advantage is that somebody having something that has esteem and bitcoin has esteem. Something else which is as a rule likewise expressed that legislature controls the digital money and it is great in my perspective since we ca follow if there are any abnormalities with the utilization of cryptographic money since trade are offering permit to work and trade ought to check its customer.
member
Activity: 182
Merit: 10
July 11, 2018, 10:47:18 AM
Questions like these I often hear. What is Bitcoin? More and more people see that the traditional financial world is not perfect. Maybe bitcoin will be widely known around the world, which will be reflected in large transaction volumes. Furthermore, bitcoin can be a widely used virtual currency. But to do this, it needs to be more stable against other currencies. Central banks and governments must recognize bitcoin, then compete with fiat. And this competition must always be healthy.
full member
Activity: 265
Merit: 100
July 11, 2018, 10:32:09 AM
As we know Bitcoin is only considered as asset when the Government in that country views bitcoin as an approved currency and legally. For example, Japan approves. When the national government does not approve the bitcoin deal, it is not considered as a banned asset.
newbie
Activity: 105
Merit: 0
July 11, 2018, 10:21:23 AM
In my opinion, at present bitcoin has been considered an asset by the all crypto users. On the other hand many men mind it that bitcoin is Golden money. I can fluently say that bitcoin is an assert.  Wink Smiley
newbie
Activity: 51
Merit: 0
July 11, 2018, 10:14:47 AM
Well bitcoin is a money and in the meantime a benefits as in because of the unpredictable idea of bitcoin it have a tendency to create enthusiasm as the market continue developing, and again when you hold bitcoin for quite a while it turn into an advantages which can twofold or even triple the sum you contributed on it. And furthermore bitcoin is a computerized money that it nature is a shared and does not include outsider.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
July 11, 2018, 10:08:43 AM
I do not see any wrong in bitcoin becoming an asset. Asset is something that brings income and it can be exchange for goods and services. Investors invest in asset. That is, what they deemed profitable.
Bitcoin is already an asset when it became clear that it value rises considerably when you buy and hold it. The same can be said of Gold and other precious minerals who's value rises considerably over time.
member
Activity: 378
Merit: 11
July 11, 2018, 10:03:40 AM
Since bitcoin is not yet legal in every country, therefore bitcoin is not considered as an asset. It is a currency aside from actual cash, which you can turn it to actual cash through trading or selling.
sr. member
Activity: 798
Merit: 250
July 11, 2018, 09:57:08 AM
This is most likely when many people are interested, organizations, government care and use! Currently, bitcoin and altcoin are just a kind of investment property!
member
Activity: 378
Merit: 10
July 11, 2018, 09:53:09 AM
In this case, South Korea set a good example for very many countries that have difficulties with adopting bitcoin as an asset. A very short time will pass and bitcoins will start accepting central banks of all countries. I believe that it will be.
jr. member
Activity: 532
Merit: 5
July 11, 2018, 09:49:35 AM
This is not important , how do we call an asset or cryptocurrency or payment method. Btc will find  it's way in near future.
But in my opinion  we should keep BTC.
jr. member
Activity: 154
Merit: 1
July 11, 2018, 09:43:50 AM
Yes bitcoin can actually be said to be an asset because bitcoin has a very good value if it is hold for a long time, and bitcoin will run out after being mined and will be a rare thought to me in the future. So with the scarcity of the future, then it is worth to hold because it is very likely to have a very high value in the future.
Definitely, as far as i know BTC gives us income a good income, so no doubt for it. BTC can be an asset to be store in a safe place like gold.
This can be a good source for financial needs for the family. Even though it is volatile but I still consider it as a good for investment and can be so much worthy to give extra effort to bloom.
member
Activity: 157
Merit: 12
Safe&easy multi-blockchain wallet from Bither Team
July 11, 2018, 09:32:39 AM
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member
Activity: 263
Merit: 12
July 11, 2018, 07:35:55 AM
Yes bitcoin can actually be said to be an asset because bitcoin has a very good value if it is hold for a long time, and bitcoin will run out after being mined and will be a rare thought to me in the future. So with the scarcity of the future, then it is worth to hold because it is very likely to have a very high value in the future.
jr. member
Activity: 75
Merit: 1
July 11, 2018, 07:30:29 AM
I do not see any wrong in bitcoin becoming an asset. Asset is something that brings income and it can be exchange for goods and services. Investors invest in asset. That is, what they deemed profitable.
newbie
Activity: 55
Merit: 0
July 11, 2018, 07:26:51 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.


What I know is that currency can be an asset. Being asset in South Korea to me is all about how valuable and precious the see bitcoin as and this will bring more confidence in the cryptocurrency.
newbie
Activity: 91
Merit: 0
July 11, 2018, 07:22:07 AM
Wow,,,!
It just a great news, I am also think bitcoin as a asset. It will create positive feedback for bitcoin market by accepting south korea bitcoin. For this reason also bitcoin price can be increased. If people think bitcoin as asset they will hold money on bitcoin. So that bitcoin ranking will get a good position.
I will thank you for this glad news.
newbie
Activity: 252
Merit: 0
July 11, 2018, 07:19:45 AM
I likewise take a gander at Bitcoin as a money, and it is made to be a cash. It does have an unstable value which makes it a benefit, however, would they consider euro or dollar as an advantage in the event that it had unpredictable cost? Likely not. A benefit must be purchased and sold yet Bitcoin can be utilized to purchase and offer so it characterizes it as a money.
full member
Activity: 364
Merit: 100
July 11, 2018, 07:16:42 AM
It is good that such a big country is that South Korea are considering bitcoin as something legit and worthy of our attention, I just hope for every country to follow that path.
There is no doubt that right now bitcoin is becaming an asset because the value of it can increased when the time passed by and we can really have a lot of money with bitcoin and i believe that almost all people here in crypto is using bitcoin as there asset rather than a currency
true it may ever be look but deep inside more on seeing this currency i can say also that this is not as an asset for now cause we see for this more on to be volatile price.
newbie
Activity: 173
Merit: 0
July 11, 2018, 07:10:01 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 the main reason why bitcoin created is for creating crypto currency to make things easier. But because volatile prices bitcoins had, many people think bitcoin is better for asset than become currency.
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