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Topic: Bitcoin become an asset - page 57. (Read 6627 times)

newbie
Activity: 34
Merit: 0
June 28, 2018, 05:36:39 PM
I think now that many users or communities have bitcoins they make assets for the future, because bitcoins can also be in assets or investments, where they can generate huge amounts of money and earnings.
full member
Activity: 250
Merit: 105
June 28, 2018, 04:52:43 PM
For me bitcoin is rwally an asset because it can help my financial status. It can buy things, property and etc. It more profitable, and can be used as trading material to make money and it can use over internet safely.
Yes it is even we cant touch it by our hand still it was very helpful in or financial needs in life. But I disagree that you can used it to buy property becauae still, fiat currency was used there. Remember that not everybody accepts bitcoin as a payment unless that person was using bitcoin too.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 28, 2018, 04:43:18 PM
Bitcoin is better suited to be an asset than currency.I also prefer to make bitcoin an asset because it is far more profitable than using bitcoin for payment of goods or services.It is still remains as currency but it also can be considered as an asset because most of the people using it as trading material to make money but the property of bitcoin is currency which was found to be used over internet safely.
The reason you are giving in order to consider bitcoin as mostly an asset and not a currency is not true, it is true the biggest use for bitcoin is as an speculative asset, but currencies all over the world are traded in the same way in the forex market every day, so even if we are using bitcoin mostly as an asset bitcoin was designed as a currency and eventually it is going to be once again its preferred use in the future.
newbie
Activity: 182
Merit: 0
June 28, 2018, 12:43:59 AM
Bitcoin becomes a wealth, Bitcoin can be the owner of a lot of money; Bitcoin can tell the owner of many things, Bitcoin can change the fate of some people, Bitcoin can be used to work in different countries, due to the hard work, which can make big business by doing Bitcoin in its own way.
newbie
Activity: 11
Merit: 0
June 28, 2018, 12:40:14 AM
I believe that Bitcoin is only a money right now, that has a major potential for a development. This development or let me say request, will influence it considerably more significant and it to will swing Bitcoin to a benefit that everyone will request, likewise its Most extreme supply or farthest point is the key point to push it advance the estimation of Bitcoin to be higher.
newbie
Activity: 196
Merit: 0
June 28, 2018, 12:38:22 AM
For me bitcoin is rwally an asset because it can help my financial status. It can buy things, property and etc. It more profitable, and can be used as trading material to make money and it can use over internet safely.
jr. member
Activity: 93
Merit: 2
June 28, 2018, 12:34:05 AM
for me Bitcoin itself is not really hard to understand but if we like the elaborated way we can analyze the deeper parts of it with some youtube videos that will make you understand the basic functions and what your to be done with bitcoin Bitcoin can be a trading center, banking and financial and simply transforming a country.
newbie
Activity: 1
Merit: 0
June 28, 2018, 12:27:00 AM
personally i think bitcoin is an assets,when ever bitcoin is a currency, but bitcoin currency is very strong currency so we can say bitcoin is a currency and big an asset.
newbie
Activity: 70
Merit: 0
June 28, 2018, 12:26:22 AM

It is still your property, I think this is an invisible property. This is also great news for bitcoin.
newbie
Activity: 84
Merit: 0
June 27, 2018, 11:41:06 PM
Bitcoin is better suited to be an asset than currency.I also prefer to make bitcoin an asset because it is far more profitable than using bitcoin for payment of goods or services.It is still remains as currency but it also can be considered as an asset because most of the people using it as trading material to make money but the property of bitcoin is currency which was found to be used over internet safely.
newbie
Activity: 112
Merit: 0
June 27, 2018, 11:37:52 PM
I have kept a lot of big bitcoins and I will sell my bitcoin if I have any major danger.That's why I think each bitcoin has a wealth.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 we hold bitcoin for a long time it become an assets which has the ability to double or even triple the amount we invested on it.Bitcoin is a digital currency that it nature is a peer to peer and does not involve third party.
newbie
Activity: 25
Merit: 0
June 27, 2018, 11:27:21 PM
 Cry
newbie
Activity: 73
Merit: 0
June 27, 2018, 11:12:59 PM
In my opinion, no bitcoin problem becomes an asset. Because, for now. Bitcoin is still constrained by the speed of transactions to become currency.So depends on how you see bitcoin itself, you want it to be an investment or just for transaction it is up to you.
jr. member
Activity: 154
Merit: 1
June 27, 2018, 02:48:42 PM
It certainly has. Due to the continuous price increase and the 2017 surge, long time holders have opted to keep their Bitcoins for a long period. Bitcoin still has the potential to go further in value in the coming years. And so with this taken into consideration, Bitcoin has somewhat become an asset due to its ability to generate great profit.

Exactly bro



I think Because the currency will be widely used, and bitcoin is hard to use on a large scale right now, I hope the lightning network can change everything.
I still think bitcoin is an asset, and it's hard to call it currency.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 27, 2018, 02:42:02 PM
I personally agree with bitcoin is an asset now, but in the future I believe that bitcoin can be official currency in a whole country
Bitcoin does not need to become the official currency of any country what we need is the adoption of bitcoin all over the world and we do not need governments to do that, what we need is the people, we need they realize they have been deceived and that fiat currency is nothing more than a fraud the rich use to get even more money and privileges while everyone else suffers.
Pab
legendary
Activity: 1862
Merit: 1012
June 26, 2018, 05:49:14 PM
Bitcoin is much more close to asset. than currency.But currency or assets  are just the terms
Bitcoin is Bitcoin maybe stupid from my side but it is best term to describe bitcoin

And Bitcoin is already legend
copper member
Activity: 1050
Merit: 294
June 26, 2018, 05:41:47 PM
Till now bitcoin is considered as digital asset because it is not widely used for payments across the world.
Once bitcoin is adopted globally, it will be more likely to be used in international as well as in local markets.
Even if we consider bitcoin as asset then there is huge difference between real and digital asset, we can also use this digital asset for regular transactions.
member
Activity: 226
Merit: 26
June 26, 2018, 04:29:12 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.


This has been observed for I think about since three years ago that bitcoin has more potential to become an asset than a currency. But we should still consider the fact that the number of industries accepting bitcoin as payment has also increased in this time. It is still has a long time to spend and we should wait now it will turn in the future. It can be both too.
newbie
Activity: 114
Merit: 0
June 26, 2018, 10:40:51 AM
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 designed to be the first decentralized digital currency in the world and can be used as payment through peer-to-peer network transactions without boundaries and intervention of regulatory bodies or a central bank of any countries but because of its value and the potential to rise again many people see it as an asset already rather than a currency. 
newbie
Activity: 1
Merit: 0
June 26, 2018, 10:02:10 AM
Yes i agree. BTC is a good asset for our future because when the price getting high we will sell it in a good price also.
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