Topic: Bitcoin become an asset - page 56. (Read 6627 times)
Bitcoin is an asset and currency indeed from the beginning because it is a form of investment and you can buy stuffs from stores that are accepting bitcoin..so bitcoin is more than assest
Bitcoin started has been a currency to trade with as a means of payment for any form of transaction or activities. It has gained more since it started and has proven to be more potent. So, some people have bought it when it was less than $1000 and now it has made more so they have made it an asset that you can even pass on to the next generation.
I am considering btc and gold. Gold is more stable, while btc is a financial game, super profits and super risk
Now bitcoin is becoming an asset of the modern era because any thing which is giving benefit in the form of money is called as the asset and bitcoin payback to its investors via giving them the handsome amount of profit.
The Korean government legalizes bitcoin as an asset so they can keep the bitcoin value from falling prices and also so they can apply tax on each bitcoin holdings.
bitcoin is already an asset, all it need is legalization, for instance the money one has in his bank account is considered an asset, so in my oppinion, bitcoin is a liquid asset, liquid assets are assets that can easily be converted to cash, thats exactly what bitcoin is. at any point in time it can be converted easily to cash.
maybe bitcoin is just a digital currency, and for now bitcoin has not made it an asset to everyone, because governments in other countries have not allowed transactions using bitcoin
Most of us believes that bitcoin is a currency because it serves as your money online, you can transact without getting your wallet. But this is just through online. As you said bitcoin becomes legal and been recognized as asset in South Korea. Their government see the positive effect of bitcoin through the individuals in their community. It is stated that bitcoin is an asset for them, then it's good for bitcoin because it should eventually attract more investors to invest on bitcoin because it will be easily be traded. If our nation would be similar as South Korea, that would be great for as cryptocurrency holders.
Well bitcoin is a currency and at the same time an assets in the sense that due to the volatile nature of bitcoin it tend to generate interest as the market keep growing, and again when you hold bitcoin for a long time it become an assets which has the ability to double or even triple the amount you invested on it. And also bitcoin is a digital currency that it nature is a peer to peer and does not involve third party.
I think bitcoin is an asset because it appreciates overtime.
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.
Bitcoin is actually as an asset that made transaction via digital virtual currency. many people are keeping bitcoin into investment and selling their stock if ever they want a volume of money to spent for whatever they want to buy as of now, because this is only an alternative coins not yet recognized as primary currency use this time.
Bitcoin earning is my future assets.My part time income source of bitcoin earning. It's earning economic benefit of my future. So I there for I think it's my asset.
My opinion bitcoin suitable to be an investment asset is not to replace the currency in every country because the market movement bitcoin very volatile so it will be difficult if used as a tool of transactions such as currency in each country whose value is relatively stable and not much change.slow transaction, bitcoin cant be called as currency, i think. And it's suitable for long term asset / investment.many people think that bitcoin is their asset. first I know my bitcoin is just a bitcoin sight is a currency only, but now bitcoin is worthy to be an asset with a growing value and a very crowded market.
Bitcoin as an asset or currency in my opinion is a small difference. The most important thing is that it is legalized in many countries, and then you can already convert as you like.
BTC it is still the property block of yourself, it's application to reality, it grows stronger, bitcoin we can invest and other bitcoin can be used as source and our income because Bitcoins are assets in the short and long term
Bitcoin has moved from just being a currency but has increased to the level of being an asset. This is because bitcoin have gain more than 10000% since it has started and people getting to us it.
I personally think that bitcoin is an asset. It’s more liquid than something like a house and since its inception it’s tended to rise in value so that checks that off.
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.
Bitcoin has been declared as an speculative asset to be able to earn big amount of profit.
Bitcoin is both an asset and currency. The currency nature of bitcoin is that it is used for various form of transaction and acceptable in some countries. The asset nature of bitcoin come to play due to it value. Looking at the current value of bitcoin it more like an asset. If not so no one will complain if he/she loses 1 Btc
its kind of both, depending upon the holder. If you wish to buy sth using bitcoin then its a currency. And also, bitcoin is more profitable than having gold , houses etc. That's why, we can name bitcoin as an asset.
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