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Topic: Bitcoin become an asset - page 75. (Read 6627 times)

newbie
Activity: 29
Merit: 0
June 14, 2018, 09:22:43 PM
After substantially improving the efficiency of bitcoin trading, bitcoin can become a currency in the full sense.
newbie
Activity: 70
Merit: 0
June 14, 2018, 09:04:39 PM
For me, I consider  Bitcoin as valuable thing or an asset to people for they want Bitcoin. For lile any other currency, Bitcoin follows the rules of aupply and demand of the economy. This helps people to make trade easier, enabling holders to convert goods into a widely tradable commodity through the business sale and then it uses to purchase nearly anything they wish to have. The most important thing that makes Bitcoin valuable is that, Bitcoin is different from the other. It has its own capabilities to people's want, it shows its uniqueness to people.
jr. member
Activity: 161
Merit: 4
June 14, 2018, 08:57:57 PM
We all know that bitcoin is a currency and we can say that it is an asset because it has its own value, my interpretation regarding this matter is that if someone has a value that like this i think we can say that it is also an asset, although we all know that this is currency, but it has no personal appearance.
newbie
Activity: 71
Merit: 0
June 14, 2018, 07:46:34 PM
I agree bitcoin can become a kind of asset.
As of now, many people has considered it as speculation asset.

It is not correct situation and actions. It should be improved and the coins should be used as actual currency for buying or purchasing anything.
I hope it could be done in the near future and it will be dealt with as proper asset and currency.

But, it is expected for many altcoins to disappear if it is not used as exchange currency.

 
legendary
Activity: 1596
Merit: 1011
June 14, 2018, 04:49:53 PM
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
can not be denied that bitcoin is the best digital currency and has a very good market share today. so bitcoin is undoubtedly a very important asset and has excellent selling points. now bitcoin is becoming the most widely used investment. ease and also flexibility makes many people start glancing bitcoin. bitcoin is a revolutionary in the financial system and we must continue to support it in order to strengthen the bitcoin in the world's financial system.
newbie
Activity: 29
Merit: 0
June 14, 2018, 04:43:18 PM
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
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 14, 2018, 04:28:35 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.

From the point of view of governments recognizing that bitcoin is a currency is something very dangerous, that will mean they are admitting that bitcoin is a competitor against their fiat monopoly, by declaring it is an asset bitcoin can be thought as any other form of property, but we know that even if that is the legal definition the technical definition of bitcoin is as money, since it has all the necessary characteristics.
hero member
Activity: 1134
Merit: 517
June 14, 2018, 04:26:48 PM
I still think bitcoin is an asset, and it's hard to call it currency.
Because currency is going to be widely used, and bitcoin is hard to use on a large scale right now, I expect the lightning network to change everything.
Yes Bitcoin can rightly be said to be an asset at the moment because it has more of speculators than merchants at the money  and that explains the the very high volatility and unstable price being encountered in the market. If and when the number of merchants in the community  starts to amount, we would start to see less of volatility and price most likely to appreciate.
full member
Activity: 602
Merit: 100
June 14, 2018, 03:59:57 PM
Interesting news about the fact that Bitcoin begins to become an asset. Well, I think everything goes to that. China in general is going to create its own single currency, which first will go inside the state and then possibly start taking the leading positions around the world, as the dollar does.
full member
Activity: 378
Merit: 100
June 13, 2018, 01:33:03 PM
Bitcoin as an asset or currency in my opinion is a small difference. The most important thing is that it is legalized in many countries, and then you can already convert as you like.
member
Activity: 378
Merit: 10
June 10, 2018, 08:50:15 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.

In my opinion, i would considered it today as an asset it is because it has a value to any investors. Many people get benefits from BTC.
newbie
Activity: 42
Merit: 0
June 10, 2018, 07:08:35 PM
I think bitcoin is a valuable asset and digital currency to invest in both long and short term. Currently some countries only allow bitcoin as an investment asset, should not be used to buy anything that paid cash with bitcoin but must be redeemed for fiat money.
legendary
Activity: 1232
Merit: 1091
June 10, 2018, 05:19:43 PM
We still have a lot job to do, as bitcoin community, so that public can realize what is bitcoin.

What work is there to do according to you? I don't care about what others consider Bitcoin to be -- it's my personal usage that matters, and not the legal category people think Bitcoin should fit in. Would it change anything for you if Bitcoin is declared an asset or a motorcycle or an elephant? I very much doubt it. You will keep using Bitcoin in the exact same way you have always used it, and so will other people. It seems to be a hobby for people here to find problems where there aren't any. The legal category would only be a thing if Bitcoin was a centralized network, but it isn't so it doesn't matter....
newbie
Activity: 364
Merit: 0
June 10, 2018, 05:07:58 PM
I think bitcoin is designed to as a currency. But people are attracted to bitcoin due to smart return from it. They like to use it as an investment platform. That means they consider it as an asset. The Korean government also think so. I think with the passage of time this idea will be disappeared. Because I believe, sooner or later the volatility will reduced an the price of bitcoin will be stable. Then it will wear all characteristics of a currency. But volatility helps bitcoin to become popular, I think.
member
Activity: 294
Merit: 13
June 10, 2018, 05:01:13 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.


Maybe now cryptocurrency it's still an asset because all of the countries haven't legally cryptocurrency yet, but soon I believe 80% crypto it's not just an asset. You now steam (game platform), they ever made cryptocurrency for their payment. We don't know the future, but this is technology right? which are we live with technology now days
full member
Activity: 383
Merit: 100
🚀🚀 ATHERO.IO 🚀🚀
June 10, 2018, 04:57:28 PM
Definitely, bitcoin is an asset. Or would be. Conventional forms of assets are gradually falling off the grid for more digitally and electronically tangible ones. If you have bitcoin,hold on to it. It's precious.
Yes, Bitcoin is now an asset; especially today because the price is low and it tends to get high after a month. So you better to be patient and wait until the price increases.
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
June 10, 2018, 04:56:26 PM
Thank you very much to south korea that bitcoin is legally. Its very big news to all cryptolover.Although bitcoin is now online currency. But bitcoin is assets for me. I am keep my bitcoin for my future and also my children. That can help me lot.
member
Activity: 266
Merit: 33
June 10, 2018, 04:54:59 PM
The definition of bitcoin depends on a person. Some will think it is just a currency, some will think it is for investment and some will think it is a scam
As for me, bitcoin is a cryptocurrency, a highly volatile currency that's why you can invest on it
That is a good news for south koreans, legalized cryptocurrency might change their mode of payment sooner or later
newbie
Activity: 27
Merit: 0
June 10, 2018, 04:54:16 PM
Definitely, bitcoin is an asset. Or would be. Conventional forms of assets are gradually falling off the grid for more digitally and electronically tangible ones. If you have bitcoin,hold on to it. It's precious.
hero member
Activity: 700
Merit: 500
June 10, 2018, 04:47:31 PM
I think 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.
Bitcoin is currently uses as an assets, but bitcoin is created as currency, and when it will become more popular, when it will be available everywhere, then i think that most of the people will like to use bitcoin as currency for buying and selling things, because bitcoin is already created as currency and will remain as online currency forever.
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