Topic: Bitcoin become an asset - page 52. (Read 6627 times)
I would rather see the bitcoin as a highly volatile asset compared to the fixed and the movable assets what we own right now. As the volatility increases, the associated risk also gets increased and that is resulted by the unpredictable nature of the cryptocurrency market itself.
If bitcoin is used as an asset, then this shows how much bitcoin strength is so not only as a crypto currency, but also used as an asset. Apparently despite a lot of negative news about bitcoin, it all does not make the bitcoin weak.
Bitcoin was planned as a currency. But the reality is that it functions like gold. And gold is an asset. Therefore bitcoin is also considered an asset.
I agree, If we hold bitcoin for long and we used it for the future we can considered it as an asset and different people different point of view, So we believe what we believe. 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.
Although Bitcoin is a currency it could be seen that holding Bitcoin is proven to be very profitable. This shows how valuable it is. 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.
So even though it is a currency, it could be an asset because of its value.
In this world everything is possible, but you will be very risky with your money trying to make 10% profit every day. Better not set yourself such a task.
By definition based on (IAS) international accounting standards during my accounting class, if I have not been mistaken from its definition; "asset is an economic resource that gives inflow for the benefits of users/firms". In mere definition, Bitcoin is an asset. As an investors/traders, we used bitcoin to create profits; thus, creating an inflow towards us. As to its tangibility, bitcoin is considered as short-term investment belongs to the current asset section but not as fixed asset... Accounting community such as the IFRS(International Financial Reporting Standards) are trying to develop accounting procedures to analyze, monitor, and record its transaction.
I think bitcoin is an asset to everyone because with the passage of time its value increases and become profitable.
Bitcoin is still an asset for now. it needs to be more stable first before can be recognized as a currency.
Bitcoin is becoming wealth in my opinion. But bitcoin is not a fixed asset for you or me. Bitcoin is considered as an ongoing asset resource. Because bitcoin has changed hands in a short time.
A good opinion and I hear your opinion.What you said is true that bitcoin may change hands in a short time but I think it all depends on who holds it to what extent they can hold bitcoin so that the new bitcoin can change hands.
I personally think bitcoin is the source of our opinion all and also bitcoin is a valuable asset that must be in sympathy until we need new we remove.
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.
huh? In my own opinion, Asset is something you own or valuable thing you own. So I am confuse why bitcoin is not an asset if you have a bitcoin? And yes bitcoin is currency and asset, for me if you have bitcoin then you have it as your asset, Currency because bitcoin is a type of currency and all of currency is used for trading and transaction which is buying and selling bitcoin are transactions.
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.
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.
huh? In my own opinion, Asset is something you own or valuable thing you own. So I am confuse why bitcoin is not an asset if you have a bitcoin? And yes bitcoin is currency and asset, for me if you have bitcoin then you have it as your asset, Currency because bitcoin is a type of currency and all of currency is used for trading and transaction which is buying and selling bitcoin are 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.
From my personal point of view, Bitcoin is not an asset because it does not generate cash flows when standing independently from its holders (until you sell it). I think that Bitcoin is a currency, but it's not perfect, to the extent that it's just as restrictive as an intermediate trade and it's too volatile to be a form of storage value.
I think bitcoin is asset but not a fixed asset and if i say in other way its investment which give you option to increase your money in coming future.
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.
Your point are interesting but I think bitcoin is planning the role of both currency and asset, because as far as bitcoin are been used for exchange and transactions it a currency but in the other hand bitcoin still play the role of asset because most people do buy and hold bitcoin for future use so doing this is already an asset and I don't think it have any infect. 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 will rather become an asset than the currency most of early adopters want, the price of BTC is becoming more than what is affordable, and the more the BTC price, the more the transaction fee. This alone qualifies it better as an asset than just a currency
Not only is the BTC part of the asset, eth is also defined as part of the asset. Good encryption becomes part of the asset in the long run. 
Bitcoin can not replace cash! Bitcoin can only become popular and widely used and can be recognized as an asset!
But bitcoin needs to be more stable and easy to use so that it can be accepted at payment points!
But bitcoin needs to be more stable and easy to use so that it can be accepted at payment points!
this is complete nonsense! bitcoin is not an asset, as it can not generate cash flows for its holders !!!
Bitcoin is both an asset and as a currency but bitcoin really become an asset rather than a currency. For thats how it is popular to people being used as an asset rather than used as payments though there are some people who used bitcoin as payment with the goods they bought.
Bitcoin is already an asset but unlike to other assets that you can have, it's digital and is also risky because of its volatility in its value. If you can keep bitcoin in a long time, you can really see how its market value grows and that's also the very reason why i am holding my bitcoin for long term now.
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