Topic: Bitcoin become an asset - page 46. (Read 6627 times)
I see bitcoin more as an asset than a currency because there will be a time that bitcoin cannot be mined after the maximum cap has been reached. Then very few people will have it as people will HODL it and will only sell when in dire need.
I think that bitcoin is both a currency and an asset: there is really a lot you can already buy for bitcoin and it is already well known around the world as a digital currency. As for the asset here only if for a long period-from six months and more .As for the asset here only if for a long period -from six months or more, while it is very unstable-there is a possibility of a sharp increase and a fall.
Bitcoin is a money and in the meantime a benefits as in because of the unstable 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 an advanced cash that it nature is a distributed and does not include outsider.
The current price of BTC is not very stable, the price fluctuation reaches 50% within a few months. The commodity with big price fluctuation is not suitable for asset allocation, but should be used as speculation product.
It really depends on you that how you take Bitcoin as. You can think about this as an asset or as a currency. But it was not designed for any of this it was just another payment method like Paypal and other online wallets out there. Bitcoin provides a lot of features which our government does not provide another bank cannot provide for the next 10 years. I take Bitcoin as currency because it has helped me a lot, but for someone, It is a good investment so they take it as an asset everyone can have their own opinion and point of you upon this.
Bitcoin can be taken as an asset and at the same time as a currency. Bitcoin served as an asset to those who HODL for investment purpose and are expecting profits in the nearest future. While it serves as currency because it's used for payment and transactions in our daily activities most especially when it comes to online business that has to do with cryptocurrencies. So believe it can be used for both purpose.
I'm not interested in calling Bitcoin as a wealth. I think Bitcoin is a property. Because the property is transferable, on the other hand the resources are not transferable.I also prefer to make bitcoin an asset because it is far more profitable, than using bitcoin for payment of goods or services.
It depends to the situation and your perspective. Bitcoin can be your asset if you are knowledgable how to manage your tradings. It called asset because sometimes we hold our bitcoin to gain more profit.
I like to use bitcoin as a regular currency rather than assets. Of course, i also do savings but i still conceder it an currency. This is a digital currency but the use of bitcoin as a method of payment is really limited both online and offline and many also buy bitcoins for a trade or hold as their primary goal.
Bitcoin is an asset to me and a type of currency. It being an asset is because it can be stored or hodl and in future be sold to get good profit. Also as a currency to make transaction for buying and selling on internet and online.
Bitcoin as an investment is already an asset where you can keep it for future purposes because the longer you hold it, the bigger your return of investment will be. The only difference of bitcoin as an asset to other assets that you can have is that bitcoin's value will change regularly from time to time because its value depends on the demand of people.
yes I think even in some countries bitcoin is legal but bitcoin so far is still an asset only, because the still-rejecting countries are still afraid if bitcoin can replace their currency as a means of exchange of course, the current bitcoin is the same as gold and metal other noble ones, which are considered to be assets that can be used for transactions 
Any valuable things that can easily be hold and later converted to cash is qualified to be called an assets. Bitcoin is assets because it can be converted to physical cash and build on.
Bitcoin could be asset and could be a currency that what i believe bitcoin is, the point is bitcoin does has a value and using bitcoin is similar like using a fiat money but the different is only in the fluctuation and its intangible. As long as bitcoin is a live and keep developing, bitcoin as asset or currency is not really a matter.
Bitcoin also makes asset to online shops because it also uses a lot of people when they buy the product of their purchase I think this is just the way to speed up the transaction in distant places.
Bitcoin makes scammers an asset even easier to send money to other countries and the transaction is so fast that most scammers also use bitcoin lots of using in social media.
It's okay if the koreans declared it as an asset because bitcoin is really not suitable to be used in day to day transactions. I don't really mind also if other countries followed it because there are so many altcoins out there who can fit the description that can be used as a currencies.
Bitcoin is an asset to me and a type of currency. It being an asset is because it can be stored or hodl and in future be sold to get good profit. Also as a currency to make transaction for buying and selling on internet and online.
Bitcoin is an asset.Bitcoin will be widely used in the near future.bitcoin is a future and long term investment by many people all over the world.
Is this a good thing?
The investment will probably end up on Centralized Platforms and we continue losing much of Crypto to such platforms
Not good in the long run.
By the way, it shouldn't matter what they call Bitcoin as long as we remain decentralized.
The investment will probably end up on Centralized Platforms and we continue losing much of Crypto to such platforms
Not good in the long run.
By the way, it shouldn't matter what they call Bitcoin as long as we remain decentralized.
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.
this is very good news, Bitcoin has started to get recognition by the Korean government even though only limited assets, I hope this is the opening path so that the price of Bitcoin can go up... 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.
After substantially improving the efficiency of bitcoin trading, bitcoin can become a currency in the full sense.
Bitcoin is still constrained by the speed of transactions to become currency. But, I believe. If the problem has been resolved, it is very likely that bitcoin will be used as currency
Bitcoin is still constrained by the speed of transactions to become currency. But, I believe. If the problem has been resolved, it is very likely that bitcoin will be used as currency
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