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Topic: Bitcoin become an asset - page 66. (Read 6627 times)

sr. member
Activity: 658
Merit: 251
June 21, 2018, 04:33:13 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.


Most of the people are using bitcoin as an asset rather than currency because it makes them profit and greater returns and as for currency many peoples avoid it to use it as there is very high transaction fees so many people can't afford to pay high transaction fees.
full member
Activity: 372
Merit: 100
The Organic Growth Token
June 21, 2018, 04:28:55 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 is really not that surprising to know that it is already considered as an asset. An asset is something in the market which market value is having a chance to increase and become profitable in the future. Due to the continuous increase on its market value especially from the past two years, this has been already proven.
member
Activity: 201
Merit: 10
June 21, 2018, 03:39:06 PM
I also don't like the idea of how bitcoin has now become an asset because if that happens it loses the whole concept Satoshi had in mind of letting bitcoin be a currency.
newbie
Activity: 73
Merit: 0
June 21, 2018, 03:33:01 PM
In my own perspective, bitcoin is an asset. With the way bitcoin operates
newbie
Activity: 140
Merit: 0
June 21, 2018, 02:21:13 PM
In the near future there are many chances that the bitcoin currency might be start to considered as an asset and give a huge benefit to the one who are owning it and sustaining it in huge quantity or in less quantity somewhere in between.
newbie
Activity: 132
Merit: 0
June 21, 2018, 01:35:13 PM
in my opinion bitcoin is indeed an asset because in bitcoin we can invest and other than that bitcoin can be used as our source and income because bitcoin is an asset in the short and long term depending on when the holder will sell their bitcoin Smiley
newbie
Activity: 172
Merit: 0
June 21, 2018, 12:59:14 PM
I think bitcoin is an asset that can give us an advantage because in bitcoin we can invest and of course it is an asset if we already invest and I think bitcoin can also be made for future savings because bitcoin is very promising and certainly a person who can feel the bitcoin result of life they are much better than in previous life before they know and know about bitcoin Smiley
sr. member
Activity: 616
Merit: 250
June 21, 2018, 12:45:27 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.

if in my opinion bitcoin is the same as the local currency by saving earning interest from the bank and it is an asset for profit as well as bitcoin can be said to be an investment with bitcoin
full member
Activity: 434
Merit: 101
June 21, 2018, 12:35:07 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.

Not officially but somehow yes, Due to its price which is high and do contain a highest volatility rate on the market bitcoin became an asset investment mainly becauae of price variation. Time has come that digital investment ismore beneficial than the physical ones.
newbie
Activity: 214
Merit: 0
June 21, 2018, 12:29:55 PM
For many of individual bitcoin is asset as earnings are from bitcoin and also bitcoin is giving every individual a platform to work also as their is work there is earning so bitcoin is becoming an asset.
newbie
Activity: 32
Merit: 0
June 21, 2018, 12:11:50 PM
Bitcoin's investment in my country has not yet been legally allowed. Bitcoin investment and bitcoin is an asset when it is legally allowed.I think the current resolution of the current government or regime change will be fulfilled.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 21, 2018, 11:51:15 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.



Yes, It is true. I think bitcoin is an asset, and it's hard to call it currency.
Since 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 believe It will happen soon.
No, bitcoin is a currency first and foremost, the fact that is not accepted globally is irrelevant, bitcoin fulfills all the necessary conditions to be a currency, it is a unit of account, its fungible, durable, interchangeable and a store of value, and not only that it has even greater characteristics that makes it better than any currency that came before it.
newbie
Activity: 224
Merit: 0
June 21, 2018, 10:27:22 AM
When you spend money to invest in bitcoin, you own the property as bitcoin, it is your property you need to protect and store it in the safest way, you can learn the ways. You are taught to keep your property
member
Activity: 294
Merit: 10
June 21, 2018, 10:27:04 AM
Yes this is good news and bitcoin deserves to be an asset. I think bitcoin is the best asset for the long term and Good for the future if investing bitcoin. Bitcoin has great value, and evaporates all the time. The reason I choose bitcoin as the best asset because I use bitcoin to get the benefits, the benefits of bitcoin large enough to help my economy and can change my life for the better.  Smiley
sr. member
Activity: 798
Merit: 250
June 21, 2018, 10:16:56 AM
Bitcoin is likely to become an asset! Currently, most bitcoin holders are long-term investors! Bitcoin will grow again, only the time is fast or slow
member
Activity: 224
Merit: 10
June 21, 2018, 10:13:10 AM
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.
newbie
Activity: 2
Merit: 0
June 21, 2018, 10:11:06 AM
It is the users who decide how bitcoins will be used in future ? If we treat it as an asset , there will never be  any stability in prices.
newbie
Activity: 27
Merit: 0
June 21, 2018, 10:06:53 AM
bitcoin is an asset very good, because it can produce advantage for users.now already a lot of worldwide join in bitcoin to invest.aset bitcoin can also be used payment of a goods bought traded company
member
Activity: 227
Merit: 10
June 21, 2018, 09:43:27 AM
I am very much right if bitcoin as an asset .. because the value of ya is a big cukub. and the price shown can change at any time
newbie
Activity: 33
Merit: 0
June 21, 2018, 09:38:37 AM
i think 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 the government see bitcoin as an asset and not generally bitcoin is an asset. I see bitcoin to be a currency and not merely a store of something. We shouldn't get confused with this term. One can made anything at all an asset
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