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Topic: Bitcoin become an asset - page 72. (Read 6627 times)

full member
Activity: 479
Merit: 105
June 19, 2018, 11:42:42 PM
With the advent of cryptocurrency, the world has changed a lot.Yes, it all started as a tool for transactions, but today bitcoin is a powerful cryptocurrency, and I hope that we will see its growth soon.
Bitcoin is so good as an asset because of its expensive price that getting more expensive and some coin in crypto which also has potential to grow. Bitcoin is not only a tool that can be used for fast and convenient transactions but also used as an investment that van give good payback when you hold for the long time and collect it now to keep in the wallet that I've used to do now.
newbie
Activity: 85
Merit: 0
June 19, 2018, 11:19:14 PM
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.
newbie
Activity: 47
Merit: 0
June 19, 2018, 11:01:44 PM
Bitcoin was started as a currency but it has become like a asset only. It is kind of evolution based on what the users want.
sr. member
Activity: 630
Merit: 250
June 19, 2018, 10:23:53 PM
With the advent of cryptocurrency, the world has changed a lot.Yes, it all started as a tool for transactions, but today bitcoin is a powerful cryptocurrency, and I hope that we will see its growth soon.
newbie
Activity: 196
Merit: 0
June 19, 2018, 10:17:47 PM
Bitcoin is considered as an asset because the value of bitcoin is very expensive now.
Back then when bitcoin price less than $1, there was no one think that bitcoin will become an asset to save.
There are many unexpected things occurred in cryptocurrency.
newbie
Activity: 112
Merit: 0
June 19, 2018, 12:17:15 PM
YES i definitely agree same wth other crypitocurrency like the edocation coin or the ledu coin!
newbie
Activity: 78
Merit: 0
June 19, 2018, 12:01:09 PM
in my opinion bitcoin is indeed a very valuable asset because bitcoin has a high value and a favorable bitcoin
full member
Activity: 546
Merit: 122
June 19, 2018, 11:45:44 AM
Bitcoin is multifaceted, it can be labeled currency, asset, commoditie or some other definition, but the important thing is that it has value, people exchange things (fiat currency, products, work for it etc) by Bitcoin, and the more people do it more it will be accepted, we still have a long way to go, but whatever the label Bitcoin has value and has come to stay.
legendary
Activity: 1442
Merit: 1016
June 19, 2018, 11:38:26 AM
Furthermore, I also believe that bitcoin will become a currency and not an asset because we always it in many transactions. But for now many state governments have not received bitcoin, so for now many pengguan or community have bitcoin they make assets for the future, because bitcoin can also be in make assets or investment. Bitcoin is an asset as well as being currency. Because, People are  carrying interest from bitcoin. And also, bitcoin is more profitable than having gold , houses etc. That's why, we can name bitcoin as an asset.

Bitcoin will be whatever it's owners want to be. Some will buy and hold it for many years and see it like an asset and long term investment. Mostly in developed countries, the western civilization. In Africa and South East Asia people will probably use Bitcoin on a daily basis to pay goods and services with it. Countries like Venezuela, Zimbabwe or Argentina may be some examples here.
And for another group of people, Bitcoin is nothing more than a technology platform, which they will use to build their business ideas on top of it.
So Bitcoin is and will not be just one specific thing.
newbie
Activity: 117
Merit: 0
June 19, 2018, 11:33:21 AM
It will definitely be used as a store of value as it is the largest trading pair. It is also the most recognized cryptocurrency, so for now (and probably a while to come) it will remain king



I think more investors will see the possibility of investment. In addition, Bitcoin is really an asset, just how you put your investment into the market. It's good for short-term and long-term investments, it's just a matter of taking care of your business investment.
This is good news for Crypto users in Korea for such profits, and this is a good opportunity for new investors to enter, and participate in the digital market trading. I look forward to another opportunity for other financial institutions to follow after this new big one from Korea.
full member
Activity: 225
Merit: 100
June 19, 2018, 11:28:33 AM
well bitcoin aims as a currency, we live how to use it, can say assets if we invest, but bitcoin is also easy to change hands, and for now there are many who say if bitcoin is an asset for the future, because bitcoin can also increase a person's income and bitcoin remains an asset forever and will never change. If bitcoin replaces the role of fiat currency, then it is certain that bitcoin will lose some investors, because the profits that can be by the investors will be smaller
jr. member
Activity: 182
Merit: 2
June 19, 2018, 11:28:18 AM
Furthermore, I also believe that bitcoin will become a currency and not an asset because we always it in many transactions. But for now many state governments have not received bitcoin, so for now many pengguan or community have bitcoin they make assets for the future, because bitcoin can also be in make assets or investment. Bitcoin is an asset as well as being currency. Because, People are  carrying interest from bitcoin. And also, bitcoin is more profitable than having gold , houses etc. That's why, we can name bitcoin as an asset.
full member
Activity: 688
Merit: 106
June 19, 2018, 11:26:11 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.

Actually, it is up on how you will use bitcoin because many people prefer to use it as currency and not an asset. However, many people still use it an asset where they can make huge amount of money and income. Furthermore, I also believe that bitcoin will become a currency and not an asset because we always it in many transactions.
member
Activity: 123
Merit: 10
June 19, 2018, 09:32:57 AM
Actually, the main purpose of bitcoin is to become a digital currency worldwide, but for now many state governments have not received bitcoin, so for now many pengguan or community have bitcoin they make assets for the future, because bitcoin can also be in make assets or investment .
full member
Activity: 281
Merit: 100
June 19, 2018, 08:44:29 AM
I compare bitcoin as an asset of gold. Bitcoin is gold, which should be stored on the wallet in the Hold. For example, in a special computer protected on a server in a Swiss Bank. Which has several degrees of protection. And I would compare Ethereum to silver as a precious metal. Imagine that 1 gram of metal is equal to 1 coin. That would be cool.
newbie
Activity: 140
Merit: 0
June 19, 2018, 08:42:54 AM
I think bitcoin is too volatile to be something like a currency, maybe Tether can be used as a currency. But I don't think BTC can be used as a currency (who wants to pay 7$ fee for coffee?).

Most cryptocurrency investors and some countries see the BTC as an asset, not a currency.
member
Activity: 160
Merit: 14
June 19, 2018, 08:38:42 AM
For me bitcoin is already an asset, that helps more people become financially stable, however it needs enough time and effort before we earn bitcoin because it has a form of required qualifications before we got bitcoin in our pockets.
I agree with you, since bitcoin is started, it become an asset to all of us because the price is profitable; because of the vslue, a lot of people use it as a source of income.
newbie
Activity: 42
Merit: 0
June 19, 2018, 08:36:21 AM
I think depending on the purpose of using bitcoin, it will be an asset or a currency. Like this time, people buy bitcoin to keep for their future and invest in it, it is an asset, digital asset, sounds risky huh. In contrast, bitcoin is using as a "money" to pay salary, buy goods, buy other altcoins... So, we can define bitcoin in this situation as a currency. You can check some news out to know that, bitcoin is using to pay someone or buy goods for the ones holding it:
https://btcmanager.com/israeli-social-media-business-wants-to-pay-employees-in-bitcoin/
https://btcmanager.com/buying-groceries-with-cryptocurrencies-becomes-a-reality/
https://btcmanager.com/buyers-can-now-buy-using-cryptocurrency-craigslist/
So, with you, it is an asset, or just currency  Grin Grin Grin
member
Activity: 462
Merit: 10
June 19, 2018, 07:52:06 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.


Yeah i think it is okay for bitcoin to become an asset and recognized. Bitcoin was created to be a currency maybe in the first,
but because the bitcoin price has increased far from the start, many peoples bought it and hold it ( like assets ) until the price increase again.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
June 19, 2018, 05:55:07 AM
For me bitcoin is already an asset, that helps more people become financially stable, however it needs enough time and effort before we earn bitcoin because it has a form of required qualifications before we got bitcoin in our pockets.
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