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Topic: Bitcoin become an asset - page 70. (Read 6627 times)

jr. member
Activity: 470
Merit: 1
June 20, 2018, 08:54:55 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. But, I believe. If the problem has been resolved, it is very likely that bitcoin will be used as currency
jr. member
Activity: 278
Merit: 2
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June 20, 2018, 08:51:46 PM
To me I take Bitcoin as a currency not as an asset. The way the transaction is for Bitcoin, I think it's good to use as currency.
It depends how the users take Bitcoin. Some may take it as an asset but also some will take as a currency.
newbie
Activity: 77
Merit: 0
June 20, 2018, 08:48:24 PM
In countries where bitcoin is recognized as a digital asset, there will be no problems with its spread and introduction of blockchain technology.Well, currencies should be stable. When it is so fluctuate, it is hard for any vendor to use it as payment system.
member
Activity: 672
Merit: 14
June 20, 2018, 07:18:49 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 can be recognized in different forms. Some see it as an asset whereas others see it as currency. I believe we should allow it to serve both purpose. Bitcoin being an asset does not mean you cannot purchase items on the internet or places that accepts it, with it. The South Korean news is a very good indication of attracting investors to the cryptocurrency world.
hero member
Activity: 854
Merit: 522
June 20, 2018, 07:12:45 PM
Bitcoin be considered as an asset by the government of south Korea, but doesn't mean bitcoin is an asset because on the whitepaper of the bitcoin, it is cryptocurrency and can be used for payment method on the internet, if the bitcoin be considered as an asset by one the country we can not blamed them because all government of country has the rules must be followed depending on the country which making the rules of bitcoin. It is just like opinions of bitcoin and we have opinions on bitcoin.
sr. member
Activity: 658
Merit: 254
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June 20, 2018, 06:57:16 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.


Maybe it is just a start of legalizing it. Making it and recognizing it as a currency imposed a lot of government rules but making it as an asset is a one step ahead on acceptance of bitcoin.

It can be both, but accepting it as an asset for now is enough as long as it is accepted by the government and banks.
It is lucky that bitcoin has no any people behind and yet it is very successful and being accepted little by little by a lot of countries
full member
Activity: 429
Merit: 102
June 20, 2018, 06:26:48 PM
by bitcoin every individual countries are tied in the same currency. the unemployed student work day to night for earning bitcoin. it has been regarded as an asset is true for example through the global trading in this domain. it is easily exchanged according to their own currency. so it may easily told that bitcoin is an asset.
Bitcoin is an asset because when you keep it for long time the price will grow. At first, bitcoin is created to be a currency that can be used for fast and easy transactions but know that many investors have it and continue to seek for more, it become an asset where the supply become more limited but because of the new one, they cannot control emotions which make panic selling that cause for not good market regulations.
full member
Activity: 476
Merit: 100
June 20, 2018, 06:05:59 PM
Yes it has! Due to Bitcoin's continuous increase in value (though there are some dips which is very normal), it has become a commodity that has great potential to generate great profit. Therefore, keeping Bitcoin stashed would most likely roll in more cash in the coming years. Something that many of the early adopters could relate to. Many experts have predicted that BTC will continue rise in value in the coming years even up to that 7-digit mark! Now imagine if you have a few BTC's hidden, you'll be rich by that time! So is BTC an asset? Well, I'm nodding my head furiously right now....
newbie
Activity: 210
Merit: 0
June 20, 2018, 06:03:50 PM
Bitcoin become best asset now . btc all ready proved it why people eagerly interested because of its value . demand and market cap both high also adoption ratio day by day increase so its a good sign for Btc lover because in future btc price again up .
member
Activity: 378
Merit: 16
June 20, 2018, 05:18:43 PM
depending on the purpose of people using bitcoin, if they do think of the bitcoin as an asset, then it could be true
because we can save bitcoin then sell it when we need emergency fund
I also consider bitcoin as an asset, and not a currency. even I have never used my bitcoin as a means of payment
sr. member
Activity: 574
Merit: 267
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June 20, 2018, 05:12:26 PM
I believe that it does not matter how to name bitcoin, the main thing is that it should bring profit and be convenient for using by a lot of people. But unfortunately, the governments of many countries interfere with this, because they can not control this.
I agree, bitcoin may not an asset or not was the point is we still earned money from it. We must thing that it was helping us financially. Some government didnt not accept bitcoin they are afraid of it since they cant control it. And I believe that it is much better for bitcoin to be decentralized so that greedy government do not used it in a wrong way. As long as I earning bitcoin, I wont stop to achieve my dreams and goals in life someday.
newbie
Activity: 23
Merit: 0
June 20, 2018, 05:06:56 PM
bitcoin is treated as an investment! it can't be a real currency! price is extremely volatile.
member
Activity: 357
Merit: 12
June 20, 2018, 04:59:44 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.


Nowadays, most of the people sees bitcoin as an asset not a currency. In my opinion, I think it is not that bad if they see bitcoin as it because it also have a good effects for the bitcoin like more chance of having a new possible investors and more people will try it out. Bitcoin is both an asset and currency. As a matter of fact, some of us still use bitcoin as a currrency to pay something and an asset to invest.
member
Activity: 280
Merit: 10
June 20, 2018, 04:57:24 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.


Definitely bitcoin is a digital currency but mostly people see it as an asset more than a currency ,they store it for long term because they know that it can be profitable rather than to use it for buying some stuff through online  ,well I am also guilty with it ,I see bitcoin also an asset. I do not use it for making payments because I cannot use it for paying my bills in my country and I use my fiat money .
sr. member
Activity: 397
Merit: 252
June 20, 2018, 04:44:02 PM
you have to know what it is called currency, whether in japan bitcoin already recognized as a currency, so if it has not been acknowledged it is legitimate legitimate bitcoin in make an asset
member
Activity: 238
Merit: 10
June 20, 2018, 04:38:09 PM
The blockchain and the crypto-currencies broke into our life truly with cosmic speed. A year ago, at about the same time, only a narrow circle of professionals knew about digital assets.
jr. member
Activity: 238
Merit: 1
June 20, 2018, 02:01:33 PM
For me, the best coins are: Bitcon, Altcoin. Because they thrive better than others, it seems to me, that's why they are our future, also this is my opinion.
newbie
Activity: 98
Merit: 0
June 20, 2018, 01:59:43 PM
I do agree with OP, and this is not what bitcoin was created for, but I do understand that in order to become a currency, bitcoin probably needs to follow this path first. If bitcoin is an asset it means it has value, since it can be easily traded, I think it wont take long for it to actually become a currency as well. My only problem with this, is to know how these trades will be taxed, because that could eventually harm bitcoin use as a currency. One thing is sure though, if bitcoin gets recognition as an asset, it should eventually attract more investors, and that should be good for BTC.

It take's me a minuet to think about it but if you say bitcoin all I can think is Bitcoin transactions is very slow. In fact, because of a limit on the number of transactions which can be completed in a day, it sometimes takes days to complete a simple transaction and prove me that it is an asset.
full member
Activity: 457
Merit: 100
June 20, 2018, 01:43:37 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 is indeed a currency if we use as a means of buying and selling transactions and bitcoin will be an asset if the investor hold back the save and sell at a profit
jr. member
Activity: 238
Merit: 1
June 20, 2018, 01:40:31 PM
Yes, I really think tha bitcoin is an asset which is very valuable.It's earning my wallet & then seel real money.This earning from most people. Day by day it's popular.Many more people earning bitcoin because it's an Asset.Many of the investors now are interested to join in bitcoin. Investing in bitcoin is like an asset in there life.Day by day it's price high.So I there for it's my asset.
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