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Topic: Bitcoin become an asset - page 47. (Read 6627 times)

newbie
Activity: 294
Merit: 0
July 08, 2018, 01:14:23 PM
Of course bitcoin is an assets becouse we invest our capital into bitcoin and make profit.Many peoples who invest their money into bitcoin and they became rich. Bitcoin gives them financial freedom. So we can say bitcoin is an assets.
full member
Activity: 355
Merit: 102
July 08, 2018, 01:06:26 PM
and even then it is common knowledge if Bitcoin is just a digital asset, maybe only ERC 20 is compactible to be digital currency because it can still be controlled by commercial companies and by the country, unlike the Bitcoin is still anymous. Many altcoins are used to use plattform blockchain as legal payments
legendary
Activity: 1274
Merit: 1004
July 08, 2018, 12:46:11 PM
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.
full member
Activity: 672
Merit: 100
July 08, 2018, 12:43:33 PM
and even then it is common knowledge if Bitcoin is just a digital asset, maybe only ERC 20 is compactible to be digital currency because it can still be controlled by commercial companies and by the country, unlike the Bitcoin is still anymous. Many altcoins are used to use plattform blockchain as legal payments
newbie
Activity: 63
Merit: 0
July 08, 2018, 12:40:06 PM
Great news for S. Korea to recognize it as an asset, I think it will invite more investors and we'd see change in the market.

Though I disagree about it being a currency, because currency should generally accepted or in use, and with regards to bitcoin's use and volatility of the market I'd say it's an asset, something owned by a person or company, regarded as having value.
newbie
Activity: 93
Merit: 0
July 08, 2018, 12:35:37 PM
I think it being considered an asset is a big help for crypto users. And whether or not it's a currency or an asset? Well, it's a cryptocurrency used in cryptomarket, imo for it to be considered a real currecny it's something we can use in variety of ways, like going to any grocery and paying with btc.
newbie
Activity: 147
Merit: 0
July 08, 2018, 12:30:39 PM
It all depends on others responding to Bitcoin itself, I myself more recognize it as a long-term investment assets to improve my finances back in a long time. so there's nothing wrong if Bitcoin is a trusted asset to improve one's finances.
newbie
Activity: 163
Merit: 0
July 08, 2018, 12:12:26 PM
with the advancement of Bitcoin's definite times will be the asset of everyone's work, because working at bitcoin is very potential and also if we deepen the work in bitcoin will definitely succeed, we must support bitcoin till anytime.
newbie
Activity: 112
Merit: 0
July 08, 2018, 12:10:11 PM
yes in bitcoin one invest like others asset 
this is good return giving
member
Activity: 147
Merit: 10
July 08, 2018, 12:07:24 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 is a digital currency that has many benefits for its users, but besides that bitcoin is also a future investment by many people all over the country, bitcoin investment is more crowded in select as compared to as a transaction tool, because by investing in bitcoin people can produce more profit, but it all can not be separated from the risks that must be taken.
newbie
Activity: 75
Merit: 0
July 08, 2018, 11:59:51 AM
Bitcoin will be our asset in a very helpful future so bitcoin will be our most valuable asset in the future of nati so we all need to have bitcoin to start a new future
member
Activity: 234
Merit: 10
July 08, 2018, 11:51:20 AM
At some points, it is more than true, there are a lot of people that just consider bitcoin as an investment and they do not care about the functionality, but it happens with all the other coins, it is not something new in here
sr. member
Activity: 616
Merit: 250
July 08, 2018, 11:46:58 AM
it's been proven that bitcoin is an asset. not impossible if in the future will be one of the best currency. many people have got bitcoin benefits, and I need to admit it personally. thanks bitcoin.
newbie
Activity: 27
Merit: 0
July 08, 2018, 10:41:45 AM
Yes it is an asset - a digital asset. Bitcoin is money therefore it has a value to us unlike close minded people who don't know bitcoin they won't consider that as an asset.
I don't think digital asset is being adopted at all, only at a few country but that happens for items in game not with some digital money i guess. Hope the law will protect the digital money in the nearly future.
member
Activity: 166
Merit: 10
July 07, 2018, 06:31:30 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.

South Korea is a big influencer of the road stage, I've heard about mail system of there accepting Bitcoin and then it causes a great pump in our market, so we need to be aware and pay attention on their deeds.
full member
Activity: 476
Merit: 100
July 07, 2018, 03:50:28 AM
Bitcoin is a digital currency but when you use bitcoin as a store of value and the market sentiments goes your way it can be an asset because of the increased in value over the time you have held bitcoin. But nobody will know how much profit ypou have because bitcoin is decentralized.
member
Activity: 336
Merit: 10
Harmony for One and All
July 07, 2018, 03:47:02 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.


Yeah indeed right now many country are accepting bitcoin as an asset but this thing will mae bitcoin goes far from it real ecosystem and i think it can make bitcoin worse in the future. Bitcoin ecosystem are implement as a payment and for transaction not just an asset
full member
Activity: 378
Merit: 100
July 07, 2018, 03:40:15 AM
If we consider Bitcoin as an asset. Personally, I do not consider BTC an asset. An asset is something that generates cash flow. Assets that generate or are capable of generating cash flows in the future. Your own business is definitely an asset as it is meant to create cash flows. Bitcoin is not an asset as it does not generate cash flows for its holders. Also, the BTC is not a product, because it is not a raw material for the production of something useful. Therefore, most likely Bitcoin can be attributed to the currency. Accordingly, it is impossible to determine its constant value or invest in it, you can only determine the price of the currency and trade it.
newbie
Activity: 167
Merit: 0
July 07, 2018, 03:38:03 AM
As far as my opinion, this is the market for me to invest. I do not see this market as an asset. I just think this is the market for me to invest and make money.
newbie
Activity: 283
Merit: 0
July 07, 2018, 03:37:41 AM
I think bitcoin can indeed be an asset considering bitcoin has a good chance of trading the digital market. So we can use bitcoin for future assets in the short and long term. It will probably help us all for a better future.
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