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Topic: Bitcoin become an asset - page 44. (Read 6627 times)

newbie
Activity: 114
Merit: 0
July 11, 2018, 07:06:55 AM
yes it could be because the earning potential of bitcoin is very large therefore cripto users definitely make bitcoin a very valuable asset .
sr. member
Activity: 532
Merit: 284
July 11, 2018, 07:05:38 AM
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.


Legality and Acknowledgement is a different matter. It has not been Legalized but have been Acknowledged, because Bitcoin is not illegal to be legalized anyways. Its a crypotocurrency that can be pictured either as an asset or as a currency, whichever you prefer is fine. Bitcoin is a worldwide phenomenon, it have been a great impact to us all. A country may do whatever they like whether they will acknowledge or ban it. The development is in their hands, they probably regulated Bitcoin.

Its neither good nor bad news.
newbie
Activity: 180
Merit: 0
July 11, 2018, 07:04:01 AM
Bitcoin is considered as an asset because the value of bitcoin is very expensive now. Bitcoin was really profitable and helpful when it comes to financial need. Not only today or this present days but in the future.
member
Activity: 336
Merit: 10
July 11, 2018, 06:40:11 AM
Bitcoin which is supposed to be used as a currency in our daily expenditure is now been held as an asset and this has generated a whole lot of comments which i think it is high time as a community we address this issue. Bitcoin as created by Satoshi was purposed to be used as a decentralized digital currency and not kept as an asset and i think this has contributed to the reason why it is so expensive that only few people can purchase it.
full member
Activity: 378
Merit: 100
July 11, 2018, 06:23:21 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
sr. member
Activity: 602
Merit: 250
July 11, 2018, 06:02:05 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.
newbie
Activity: 30
Merit: 0
July 10, 2018, 12:59:21 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.


currency or asset is a big question and debate in the community, it of course has characteristics of both but it depends on your own definitions. I personally use it more like an asset, store in away to hold the value, but so,etimes spend it as money too
full member
Activity: 504
Merit: 101
July 10, 2018, 12:00:58 PM
Yes with the existence of government policies that have inaugurated the existence of bitcoin is likely to make someone become eager in investing so there is no worry if they continue to use bitcoin for a place to earn income every time.
hero member
Activity: 826
Merit: 501
July 10, 2018, 10:59:41 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 created as a currency but at the same time it is also very useful as an asset.People tend to make it as an investments,for lobgterm or short term it is quitely profitable.This cryptocurrency has upgraded its usage and we are very lucky of being involve in this community.
newbie
Activity: 504
Merit: 0
July 10, 2018, 10:54:16 AM
If we analysis the nature of bitcoin, it can easily says that bitcoin is an asset. Because many people invest in bitcoin to gain some profit. People also invest in bitcoin for long and short period of time what people do for other asset. But bitcoin is designed to use as a currency. But it cannot achieve it goal yet. However, I think with the passage of time when the price of bitcoin will stable then people will use it as a currency.
member
Activity: 602
Merit: 10
July 10, 2018, 10:44:28 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.


Most people are more concerned with profit and therefore more of those who hold bitcoin and use bitcoin as an asset than as a currency for payment. And I think because usability as a bitcoin asset is in want.
full member
Activity: 420
Merit: 101
July 10, 2018, 10:39:21 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 use bitcoin as a regular currency rather than assets. Of course, i also do savings but i still conceder it an currency. all i care about the future is i want to see an awesome coin which is best fit with everyone's life and situations. there are many numerous problems bitcoin is still facing on. they should be much more open with everyone and everyone should contribute to making it a successful coin (probably asset in the near future).
newbie
Activity: 84
Merit: 0
July 10, 2018, 10:37:16 AM
Most people buy bitcoin to hodl believing that the price will go up in the coming years. It is an asset worth keeping at the moment.
member
Activity: 140
Merit: 10
July 10, 2018, 10:34:53 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.

For me it is an asset because we own it, we have a account. Bitcoin is a big cryptocurrency that the world have now, bitcoin can use to pay and send money without giving an effort. Yes, bitcoin is transaction but that transaction can be asset because you are the one who are holding it and as I understand tge meaning of asset it is a thing or property that you own.
newbie
Activity: 84
Merit: 0
July 10, 2018, 10:24:48 AM
Bitcoin is definitely an asset, for now. It is an investment, making people profit through time.Bitcoin will surely be the world currency in the future, until then this is an investment. A currency cannot just decline in value within months. It can cause chaos to the world economy, tha'ts why fiat currency is more relevant now.  It is stable and Bitcoin is not.
newbie
Activity: 42
Merit: 0
July 10, 2018, 10:15:30 AM
The most of the Asian country is not support bitcoin this is great wall of this area peoples,
sr. member
Activity: 602
Merit: 250
July 10, 2018, 09:59:45 AM
I think bitcoin is an asset that can give us an advantage because in bitcoin we can invest and of course it is an asset if we already invest and I think bitcoin can also be made for future savings because bitcoin is very promising and certainly a person who can feel the bitcoin result of life they are much better than in previous life before they know and know about bitcoin Smiley

Yes we can use bitcoin for everyday life earnings, so I can say that for me is like a job, you get up everyday you go to your computer and just certain work, you do it everyday.
sr. member
Activity: 672
Merit: 271
July 10, 2018, 06:33:33 AM
Honestly, I too think that Bitcoin is a store of value. It can be a very good form of long term investment. Bitcoin does fulfill the perquisites to act as currency. Still there are so many loopholes that need t fixed. It’s really tough for it to act as currency and now almost all the people are using it as an asset to gain profits. The adoption of Bitcoin is still very less and awareness is also very less due to which it cannot act as a currency.
full member
Activity: 924
Merit: 221
July 10, 2018, 02:21:05 AM
Yes bitcoin become an asset because it has value and take note that the value for btc is worth more or less 7K Usd PER BTC and that is a good market price if you had few bitcoins probably you are rich. This is why bitcoin could become an asset but i do not know if it will be honored by the government if you will declare your bitcoin as an asset.
newbie
Activity: 182
Merit: 0
July 10, 2018, 02:07:53 AM
bitcoin is considered a sustainable asset resource. this is a good opportunity for new investors to enter, and participate in the digital market trading.and bitcoin can be used to buy goods or services but what people actually do with bitcoin is using it as an asset to generate huge profits, not as currency.
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