Topic: Bitcoin become an asset - page 50. (Read 6627 times)
It is more valuable as asset also, there are also other options similar to it like stocks. Until , we have instant Bitcoin payments, it will not succeed as a payment medium.
I think bitcoin is a benefit. Property is a place to store esteem, it can enable you to increment or abatement the estimation of aggregate resources. Bitcoin has enough of these components, it's protected on the off chance that you know how to safeguard it. It will include esteem on the off chance that you have enough persistence and comprehension
bitcoin is an asset is great for US invest.because benefit very much that can help economic issues families, then it's a lot of people in a variety of the world using bitcoin to invest
Classifying Bitcoin as an asset makes it easier for regulators. It also makes it easier to institute guidelines on how to handle especially for exchanges. The asset classification will also mean wider use an adoption.
I see bitcoin as both a currency and an asset.
I do agree with OP, and this is not what bitcoin was created for, but I do understand that in order to become a currency, bitcoin probably needs to follow this path first. If bitcoin is an asset it means it has value, since it can be easily traded, I think it wont take long for it to actually become a currency as well. My only problem with this, is to know how these trades will be taxed, because that could eventually harm bitcoin use as a currency. One thing is sure though, if bitcoin gets recognition as an asset, it should eventually attract more investors, and that should be good for BTC.
In my opinion bitcoin has it's own value if your going to trade it due to volatility prices may goes up and down, only the usage of it our hope to increase may it be an asset when you do holding wait for instance rise then we can have gain and profits that will be the targets of many investors to joined here the coming prices increase.
bitcoin is said to be digital gold by many investors as of now bitcoin is considered to be a future asset it is better to hold for the long-term
Mistake, you think of gold as an asset because you have been deceived, gold is money and nothing more, it is just gold has been divorced from its function for a very long time and people no longer remember an economy based on gold this is what those that said that bitcoin is digital gold really mean, they mean that bitcoin is good enough to be compared to the main form of money that dominated the world economy for thousands of years.
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.
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You got the point there. Why call it an asset. If it should be more than that, its a digital currency and hopefully to future years it will become a currency not an asset. This is a good news because they recognized btc but not enough since we all know that bitcoin is more than being an 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.
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You got the point there. Why call it an asset. If it should be more than that, its a digital currency and hopefully to future years it will become a currency not an asset. This is a good news because they recognized btc but not enough since we all know that bitcoin is more than being an asset.
Once the financial crisis, people usually store gold, but gold is endless and the best choice is Bitcoin. Since Bitcoin has the maximum number of coins available on the market, it will also be considered an asset to keep.
I believe that the asset is safe if it has initial protection against the fall, which in my opinion, bitcoin will not be there any time soon. Therefore, we can hardly call now bitcoin as an asset.
Bitcoin has many unique risks to its basic technology, so crypto currency is suitable for investors who understand it well.
bitcoin is said to be digital gold by many investors as of now bitcoin is considered to be a future asset it is better to hold for the long-term
Mistake, you think of gold as an asset because you have been deceived, gold is money and nothing more, it is just gold has been divorced from its function for a very long time and people no longer remember an economy based on gold this is what those that said that bitcoin is digital gold really mean, they mean that bitcoin is good enough to be compared to the main form of money that dominated the world economy for thousands of years.
Bitcoin can be labeled as both currency and asset. It has a value so therefore this two term can be use at the same time. Bitcoin is now becoming valuable to everyone and a very good form of investment that can be use in so many transactions.
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 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.
in my country, bitcoin is also prohibited for currency as a means of payment for violating existing law, bitcoin should only be used as an investment such as gold, much debate in many countries, bitcoin is not acceptable as currency, bitcoin is currently not legally recognized in my country
bitcoin is said to be digital gold by many investors as of now bitcoin is considered to be a future asset it is better to hold for the long-term
Mistake, you think of gold as an asset because you have been deceived, gold is money and nothing more, it is just gold has been divorced from its function for a very long time and people no longer remember an economy based on gold this is what those that said that bitcoin is digital gold really mean, they mean that bitcoin is good enough to be compared to the main form of money that dominated the world economy for thousands of years.
For me, bitcoin is now becoming an asset regarding income. We all know that bitcoin’s value is still expensive even its cost plummet if you compared its amount last year or last December. But bitcoin is still an asset especially when you profit a massive amount of money like to those people who became a wealthy person with the support or help of bitcoin and another cryptocurrency. 
And why don't you want to assume that Bitcoin can be both an asset and a currency at the same time? After all, what is the difference in principle, how will it be perceived, his government will develop it?
Yes, bitcoin is assert. It is most suitable assert for future. But the fiat value of bitcoin may fluctuate but it values day by day ongoing up. Because We only have 21 million for the whole system.Can't generate again. If you could buy Bitcoin in lower level such as this month price, definitely you will get high return profit than dan any other solid investment. It is better to invest some money, that you are willing user
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.
I also side with you. Currently it seems it's being considered an asset rather than a currency because of how unfriendly the governments have become towards crypto. Also, one other interesting factor is that Bitcoin is able to perform the functions of a currency. Well, the debate is still on!! 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.
Yes,Bitcoin is an asset and its price is huge and it will increase soon.It will better to buy some Btc and hold this for a long time.Because btc price will hit $20K in this year hopefully.So,try to do this for earning more.
Basically bitcoin is a currency. If you use it for selling and buying it will be currency. But if you save it in your wallet for so many days then it will be asset for you.
Indeed bitcoin has a function as an investment asset and as a means of payment. But what is more visible is the function of bitcoin as an asset rather than a means of payment. With a small amount of bitcoin, only 21 million coins make bitcoin less than the maximum in running the transaction wheel. Bitcoin even almost lost its function as a means of payment. Bitcoin is easy to use for inter-country transactions, especially for large transactions, but bitcoin is less convenient to use as a means of payment of everyday transactions. More countries are banning bitcoin so bitcoin can not be used openly and freely. It is currently that bitcoin is more suitable for assets that can be stored so that within a certain period can get big profits.
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