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Topic: Bitcoin become an asset - page 54. (Read 6627 times)

newbie
Activity: 85
Merit: 0
July 02, 2018, 05:57:52 AM
think it can also be your asset because you owned it, it is all yours but its a digital asset that can't be touched. If you invest in something that can be kept for as long as you want with the potential of gaining higher value and produces profit, then I believe it can be considered as an asset.
member
Activity: 532
Merit: 10
July 01, 2018, 08:43:02 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.

I think Bitcoin is just a money transfer tool and we can invest to make money from it. But it will not be considered a coin because it has so many disadvantages. Limited supply, unstable, Crypto market is always in a state of manipulation. So Bitcoin will not be eligible to become a widely used currency.
sr. member
Activity: 1330
Merit: 258
July 01, 2018, 08:36:57 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.


I think it's crypto currency only.
But for one it's currency, for other it's asset.
In any case this is good news.
newbie
Activity: 140
Merit: 0
July 01, 2018, 08:31:52 PM
I believe bitcoin is both a currency and an asset. Due to transaction delays from network congestion in the latter part of 2017, it was increasingly regarded as digital gold due to its scarcity. As the Lightning Network gets deployed, we will see it used as both a currency and store of value.
jr. member
Activity: 196
Merit: 1
July 01, 2018, 08:25:30 PM
Indeeed, i am more than tired about all those guys who consider bitcoin as an investment or as a form of an asset, it makes no sense at all and it was not the main purpose of it's creation


I'm interested to know what you think the main purpose of bitcoin's creation is. While I do agree with the previous posts that bitcoin is an asset, I also think that simply, it is the future of payment and it will fuel a future that is highly digital. I think we will have a virtual currency, we will depend on blockchain and technologies such as virtual and augmented realities will thrive. I also think hackers and scams can be avoided, with help from security measures such as iris scans. What do you think?
newbie
Activity: 53
Merit: 0
July 01, 2018, 07:56:52 PM
I always wanted Bitcoin to remain an asset, because it suits my beliefs, because if bitcoin is a currency, eat according to my belief, we are prohibited from trading with bitcoin.
It's not right at all, what about real estate and gold, they're selling and buying them and that means they're trading them also.
I don't know why we're prohibited from trading Bitcoin if it becomes an asset.
newbie
Activity: 196
Merit: 0
July 01, 2018, 07:46:09 PM
I always wanted Bitcoin to remain an asset, because it suits my beliefs, because if bitcoin is a currency, eat according to my belief, we are prohibited from trading with bitcoin.
newbie
Activity: 107
Merit: 0
July 01, 2018, 07:42:35 PM
Despite bitcoins main purpose and goal which is to become a decentralized currency, people treat it as an asset because of its high price and value. People instead of using it as a currency they instead started to treat it as an investment. Although I believe that in the end bitcoin will revert into its original purpose one day.
full member
Activity: 714
Merit: 101
This Is Promissing Project
July 01, 2018, 07:37:17 PM
before we jump into the world of bitcoin, we must have known that bitcoin is an asset for a promising investment in the future ..!
newbie
Activity: 120
Merit: 0
July 01, 2018, 07:06:06 PM
For  me  yes...  Is an asset  for  us because  bitcoin,  use by many people  as  a good work.  Bitcoin, really  can help by many people  all over the world.
member
Activity: 364
Merit: 10
July 01, 2018, 06:49:46 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.

It's possible that bitcoin can be asset we know that bitcoin break the record the increase of BTC last year is so high. But i think in other countries cannot understand that because of lack knowledge about bitcoin his versitality but bitcoin creates to transact money let us see for the near future of Bitcoin.
hero member
Activity: 766
Merit: 509
July 01, 2018, 06:35:53 PM
Indeeed, i am more than tired about all those guys who consider bitcoin as an investment or as a form of an asset, it makes no sense at all and it was not the main purpose of it's creation
full member
Activity: 322
Merit: 100
July 01, 2018, 06:31:40 PM
I think technically bitcoin is not an asset. Bitcoin is purposely made into a currency for the future, aimed at facilitating someone as a cashless activity in 2009, as time goes by bitcoin speeding up and many people are using it and buying to invest with bitcoin. probably because of the large number of people who make long-term investments and they expect the profits from those investments. they consider that bitcoin as a profit-making asset. so it's only natural that some people say that bitcoin is called an asset for the future.
member
Activity: 305
Merit: 10
July 01, 2018, 06:28:44 PM
Bitcoin is a currency but some people consider it as an asset,  i consider it as an asset too.  I believe that btc value is something that we need to consider as an asset because we own it and even if it is a currency it has its own value that can be converted into cash
member
Activity: 311
Merit: 10
July 01, 2018, 06:24:14 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.

I think we should not consider bitcoin as an asset, I believe that in practice, the value of bitcoin is very low, not worth a penny. All we see and do is virtual and you can not be sure of anything.

It is not possible to compare Bitcoin with gold or other assets, bitcoin is bitcoin and the bitcoin value that you are trading is virtual.
newbie
Activity: 56
Merit: 0
July 01, 2018, 06:20:28 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 contributes to the wealth of a person. Wealth is a valuable entity that is classified as part of a persons assets. So I think Bitcoin should be classified as an asset. It doesn't matter if its digital or virtual
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
July 01, 2018, 08:09:03 AM
Bitcoin is a digital asset because it is something that has value and something that we can own. But as a currency, We cannot say that for now since it is not yet legally accepted as a currency that we can align with a dollar or any other currency.

I am agree with you, that bitcoin is asset but it is digital asset, and it is because when we convert our bitcoin into USD then it become our money, So if we say bitcoin is our asset of digital money then we are right. 
full member
Activity: 770
Merit: 102
July 01, 2018, 06:50:03 AM
Most people would say bitcoin is a crypto currency, because I also say it like that, but right now it's with its bitcoin power that has a pretty broad influence where the presence of bitcoin has been recognized by the whole world, besides the level of confidence in bitcoin is very high which causes a lot people want to invest bitcoin.Until today I can say that by looking at it all then the bitcoin today is a crypto currency that can be used as an asset, really extraordinary influence and bitcoin strength that can be used as an asset.
newbie
Activity: 98
Merit: 0
July 01, 2018, 06:17:19 AM
that's right. even that make unique bitcon we can inherit to the family. and can Kii use to buy something we want either in the real world or digital.

 For me I can consider Bitcoin as an assets although it is digital but then it  is a store of value. To think that having Bitcoin can make your future secured.
newbie
Activity: 280
Merit: 0
July 01, 2018, 06:14:23 AM
In countries where bitcoin is recognized as a digital asset, there will be no problems with its spread and introduction of blockchain technology. In those countries where bitcoin continues to be considered as a currency, the problems will be much more due to the specific currency legislation.
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