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Topic: Bitcoin become an asset - page 59. (Read 6627 times)

full member
Activity: 378
Merit: 100
June 26, 2018, 01:15:55 AM
In countries where bitcoin is recognized as a digital asset,Bitcoin has somewhat become an asset due to its ability to generate great profit.
I agree as long as it can generate a profit bitcoin can be called as an assets and I hope in the near future bitcoin will recognize as one of the global currency and I think it will going to happen because many people believe in this technology and bitcoin is very strong currency.
member
Activity: 140
Merit: 10
June 26, 2018, 01:15:12 AM
Personally i agree bitcoin become asset, because bitcoin prices fluctuation a lot make it better to become asset than currency i think. But yeah main purpose creating bitcoin is for currency
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
June 26, 2018, 01:10:00 AM
Bitcoin with its potential has termed to be the asset, value storage token, transaction medium and various other forms. This is all because of the technology as well the increasing usage of bitcoin and other cryptocurrencies. Some countries have added bitcoin to the list of commodities terming it an asset for the taxation purpose.
full member
Activity: 420
Merit: 101
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June 26, 2018, 01:05:06 AM
I think a lot of people already think bitcoin is a future asset, they even keep bitcoin in 3-5 years, because they believe that bitcoin price every year will surely increase.
Therefore bitcoin has become an asset to be maintained and its existence can make a person's life financially better thanks to the investment and trade of bitcoin.
sr. member
Activity: 406
Merit: 251
June 26, 2018, 12:48:23 AM
I think what south korea is actually just admitting that bitcoin is the digital currency.
only south korea in writing recognizes in the form of an asset.
But here I am strictly speaking that currency is one of the means of exchange, and bitcoin is in it
member
Activity: 279
Merit: 12
June 26, 2018, 12:46:54 AM
From my thoughts i think bitcoin is a currency, asset, investment, etc , but now bitcoin is more suitable to be an investment or an asset. And bitcoin currency is very strong currency so we can say bitcoin is a currency and big an asset
newbie
Activity: 145
Merit: 0
June 26, 2018, 12:46:33 AM
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
hero member
Activity: 2590
Merit: 644
June 26, 2018, 12:37:14 AM
maybe be an asset is for a while, we can see that bticoin is not become a currency because many things, like the method of payment is slow and hard to use, legalized of many country, i think if it resolved i think we can use bitcoin with full feature and easy to use as currency in the public and also can be the asset
Bitcoin is not designed as a currency and satoshi nakamoto created bitcoin because he want to help the other people to avoid getting a lot of devaluation for their money and promotes deflation through bitcoin because of its fixed supply, the price of bitcoin will go up in the future and soon enough it will cost a lot of money for just 1 bitcoin.
newbie
Activity: 85
Merit: 0
June 25, 2018, 09:36:14 PM
Bitcoin is an invisible asset of yours, it always is. It does not exist in the possession that it exists in your computer hard drive, you should be careful with your assets.
full member
Activity: 350
Merit: 100
June 25, 2018, 08:36:54 PM
maybe be an asset is for a while, we can see that bticoin is not become a currency because many things, like the method of payment is slow and hard to use, legalized of many country, i think if it resolved i think we can use bitcoin with full feature and easy to use as currency in the public and also can be the asset
member
Activity: 392
Merit: 21
June 25, 2018, 08:22:39 PM
The news in its entirety is good
Because the government admitted bitcoin
Talk about a bitcoin it is  asset or a coin ?
This will change in the future with practice as I think
newbie
Activity: 81
Merit: 0
June 25, 2018, 07:48:33 PM
In countries where bitcoin is recognized as a digital asset,Bitcoin has somewhat become an asset due to its ability to generate great profit.
newbie
Activity: 70
Merit: 0
June 25, 2018, 03:54:43 PM
it is an asset even though price fluctuates alot
hero member
Activity: 2884
Merit: 794
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June 25, 2018, 03:47:59 PM
Bitcoin is precisely another asset such as gold does not bring in income that you must sell to realize any value. And, like gold bitcoins and other currencies can be transferred peer-to-peer and bitcoin are also assets in the future.
No, gold is a commodity and when made in the shape of coins it becomes money, bitcoin can be an asset but its main function is as money and that is where most of its value comes from, if bitcoin was not a form of money the government could not confiscate and that has a limited of coins then bitcoin will have not value at all the same way most digital files have no value.
sr. member
Activity: 476
Merit: 359
June 24, 2018, 07:57:42 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 serves as currency, asset, investment, etc. For now, it is more suitable for bitcoin to be an investment or an asset. It is because of many reasons such as, lacking support from all countries in this world, transfer time that is not instantly, etc. So, to make bitcoin become more of an currency, bitcoin need to fis that problems, which is not an easy task.
newbie
Activity: 78
Merit: 0
June 24, 2018, 07:54:37 AM
Bitcoin is precisely another asset such as gold does not bring in income that you must sell to realize any value. And, like gold bitcoins and other currencies can be transferred peer-to-peer and bitcoin are also assets in the future.
newbie
Activity: 26
Merit: 0
June 24, 2018, 05:05:43 AM
If you see bitcoin as an investment like shares, and also we trade if smart to choose a good coin, Bitcoin be the asset of me
sr. member
Activity: 812
Merit: 256
June 24, 2018, 12:45:25 AM
Bitcoin will become a property when it is held by many people and organizations! The value of bitcoin is too strong to change. Must have stability!
full member
Activity: 476
Merit: 100
June 24, 2018, 12:19:14 AM
yes you are right bitcoin can be a very good asset and very suitable if used as a place for long-term investments because with bitcoin that has digital properties in the future bitcoin can be very useful and bitcoin prices will rise.
sr. member
Activity: 1638
Merit: 300
June 24, 2018, 12:10:36 AM
The price of BTC fluctuates a lot, and it is very risky as an asset, so I only use it as an investment product.


That is obvious since Bitcoin is a decentralized crypto currency, no one controls the price of it and it is the same as other crypto currencies. As an asset, it is really risky the reason I suggest you just take them as an investment instead of being an asset. If I will be asked what are the good assets, I guess that will be the common assets in the market which is Gold.
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