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Topic: Bitcoin become an asset - page 48. (Read 6627 times)

jr. member
Activity: 224
Merit: 2
July 07, 2018, 03:11:39 AM
Well I think it is same like a currency.
Because we all know that bitcoin is very valuable and very profitable. So bitcoin is already an asset at the same time it is also a digital currency.
newbie
Activity: 111
Merit: 0
July 07, 2018, 03:02:40 AM
I still think bitcoin is an asset, when bitcoin is currency, but bitcoin currency is a very strong currency. a good opportunity for new investors to enter, and participate in the digital market trading. Bitcoin is really an asset, just how you put your investment into the market. It's good for short-term and long-term investments, it's just a matter of taking care of your business investment.
hero member
Activity: 1148
Merit: 528
July 07, 2018, 02:39:42 AM
I still think bitcoin is an asset, and it's hard to call it currency.
Because currency is going to be widely used, and bitcoin is hard to use on a large scale right now, I expect the lightning network to change everything.
The cost of mining doesn’t really matters if we are in profit at the end of the day, gold cant be mined sitting at home neither silver can be, but bitcoin is just setup and forget with a little maintenance once in a while, whatever be it the question being bitcoin is an asset or currency, I will say all of these cryptos including bitcoin and precious metals like silver and gold are more of investments then day to day currency and hence they are assets rather then currency.
full member
Activity: 378
Merit: 100
July 07, 2018, 02:15:03 AM
Yes bitcoin is the asset in the present time and many people are loving it for the high value and we can be he part of the this modern world so we should keep bitcoin as intangible asset and soon it will be double its value.
hero member
Activity: 910
Merit: 509
July 07, 2018, 02:09:46 AM
I still think bitcoin is an asset, and it's hard to call it currency.
Because currency is going to be widely used, and bitcoin is hard to use on a large scale right now, I expect the lightning network to change everything.

It is a great news for Crypto user in Korea to have such benefits, and its a welcome opportunity for the new investors to come in, and participate into digital market trading. I am looking forward for another window of opportunity for other financial institution to follow thru after this great new from Korea. more possible investors will look into the possible investment. Beside, Bitcoin really is an asset, its only how you put in your investment into the market.its good for short term and long term investment, it is just a matter of taking care of your business investment.
Bitcoin indeed is an asset, taking into account its high price , volatile rates and the mining process its more of an asset then currency, this is similar to gold or any precious metal, just the difference being metals are physical stuffs and bitcoins and other cryptos being digital assets.

Since people are more interested in investing in cryptos more then using it as currency thus it can be said as bitcoin is more of an asset then regular currency.
full member
Activity: 938
Merit: 137
July 06, 2018, 10:48:32 PM
I think that while there is not much difference how it will be considered bitcoin - currency or asset. The main thing is that it has so far been legalized by the states. In the future, the state will clarify and change the classification of the crypto currency. We must agree that the crypto currency is very peculiar for monetary relations and its classification requires further clarification as it enters our life. Apparently, South Korea is not yet ready to recognize bitcoin as currency.
member
Activity: 318
Merit: 10
July 06, 2018, 10:27:58 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 more used as an asset and can provide income that is very helpful to meet the needs of the economy, holding bitcoin in the long run is more likely to get better profits due to increased bitcoin value.
full member
Activity: 490
Merit: 100
July 06, 2018, 10:27:23 PM
Bitcoin will remain a non-currency asset if it becomes a currency then a State will go through a process that will long adapt to bitcoin and introduce bitcoin to remote areas far from the reach of the internet, but if it becomes a digital currency it could be because I think bitcoin has been the benchmark for each alt. coin.
newbie
Activity: 28
Merit: 0
July 06, 2018, 10:00:29 PM
Bitcoin is considered as an asset since a long time from most bitcoiners around the world. It is also a currency but the usability of BTC as a payment method is really limited either online or offline, and people still buy Bitcoin for trading or holding purposes mainly.

It's been quite a while since the development of bitcoin and now here we are making the most of its enormity as now it end up one of our benefit. Who might have thought initially that bitcoin will achieved this purpose of turning into a genuine riches. On account of the help it accumulated and its validity bitcoin has turned into an advantage which is extremely useful these days.
member
Activity: 137
Merit: 11
July 06, 2018, 09:56:42 PM
I imagine that Bitcoin can be one of the benefits later on, It has a decent esteem likewise many individuals around the globe bolster it and utilize it every day. As we see throughout the years, bitcoin cost is continually expanding, I am certain in the up and coming years bitcoin can will be at the highest point of all monetary standards around the globe..
sr. member
Activity: 1162
Merit: 268
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July 06, 2018, 09:53:02 PM
Well, we cannot blame the supreme court because all the income from this guy is from child pornography and BTC is the main payment right. If you want to have stable life then don't do Illegal like this one.
newbie
Activity: 64
Merit: 0
July 06, 2018, 09:34:56 PM
In countries where bitcoin is recognized as a digital asset, there will be no problems with its spread and introduction of blockchain technology.Well, currencies should be stable. When it is so fluctuate, it is hard for any vendor to use it as payment system.
legendary
Activity: 1302
Merit: 1027
July 06, 2018, 04:11:15 PM
Bitcoin is a investment it is that most of the users who wanted it to become currency but they don't know that currency means it should be used in daily life and bitcoin is still not usable in most of the country
P60
full member
Activity: 378
Merit: 100
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July 06, 2018, 04:06:25 PM
Bitcoin is a virtual property. It is exchanged for other currencies that can be used in our lives. So its value has changed a lot
Yes it is a property or an asset. We all know that Bitcoin could give us high profit and make us profitable in the future; so it is really considered as an asset because of its capability to make individuals to earn.
newbie
Activity: 196
Merit: 0
July 06, 2018, 03:50:02 PM
Asset is putting money to your  pocket Smiley Yes I   consider Bitcoin is asset. I include that to my financial statement as an asset. Keep Investing in crypto but always remember only invest on what you can afford to lose.
yes i agree because if you keep save bitcoin so after some time it can make you rich as now a days people are doing it around the world.
newbie
Activity: 140
Merit: 0
July 06, 2018, 03:40:30 PM
Any thing which is paying back to a person after the investment is an asset and the bitcoin is all about to earn the handsome profit after the investment at the right time and stay calm and wait and hope for the best and in coming future the bitcoin will become the one of the top of the line asset of a person who is holding and investing in it.
sr. member
Activity: 503
Merit: 250
July 06, 2018, 12:50:56 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.


BTC, in my opinion, will remain just a very good asset that at some point will have a lower stable price. It's not a good idea to make analogy with a gold, but that's what I think. These are my views on the future of BTC.  Smiley BTC
newbie
Activity: 21
Merit: 0
July 06, 2018, 12:22:32 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 has a function as currency and also as an asset, it is the advantage possessed by bitcoin and bitcoin holders can use bitcoin as an asset or currency.
member
Activity: 532
Merit: 10
July 06, 2018, 12:22:12 PM
Will become an asset for bitcoin when we are make bitcoin for an investment, when we hold bitcoin for long time we have save our future asset for increase and take profit much money with our investment. We can take much profit by investment in bitcoin because bitcoin price is higher years by years. More than another investment bitcoin could increase our money until 100% and more.
member
Activity: 378
Merit: 10
July 06, 2018, 12:11:08 PM
Already throughout the world, the crypto market is becoming official! Bitcoin is already recognized in many countries as an asset! on this already a lot of states began to impose taxes on this type of asset! already thousands of cases were, as in the divorce, or as in dividing the firm .........., if there were assets in the form of bitcoin, then through the court there was a division! in the world practice of such court cases was already very much! I will say even more, in Russia, too, such practice as the division of an asset in the form of bitcoin begins to appear! Already everything is perfectly aware that a virtual asset that is worth the money! On this it remains only to wait, when it is legalized all over the world!)))
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