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Topic: Bitcoin become an asset - page 76. (Read 6627 times)

newbie
Activity: 54
Merit: 0
June 10, 2018, 02:56:29 PM
Bitcoin is a digital currency though, but if one has a lot of Bitcoin it surely contributes to his/her wealth. Therefore it can be recognised as a asset however beacuse of its unstable nature it pose some form of liabilty.
So bitcoin can be an asset because an asset is just a valuable thing that someone possess
newbie
Activity: 85
Merit: 0
June 10, 2018, 02:45:04 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.

I personally think Bitcoin is an asset. Similar to gold.
member
Activity: 151
Merit: 10
June 10, 2018, 02:44:26 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.
full member
Activity: 307
Merit: 101
June 10, 2018, 02:25:35 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.

What is asset? in my opinion, asset is a real good or not that has a high selling price. Bitcoin is one example of the asset of so many assets. If bitcoin is used as a currency like fiat money there will be inflation in that country. The money they usually use will not be valid anymore and will be replaced by bitcoin. If bitcoin remains an asset, then everyone can invest it for the future
newbie
Activity: 132
Merit: 0
June 10, 2018, 02:19:52 PM
I think bitcoin is an asset because bitcoin can be a source of income and of course bitcoin can change our lives much better than those who invest in bitcoin at risk but not just investing in bitcoin alone is risky and I think bitcoin is an asset because our bitcoin passes our lives changed considerably better and much better than the previous one
newbie
Activity: 162
Merit: 0
June 10, 2018, 02:14:49 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 is a currency, no doubt, but it can also be regarded as an asset. This is because it is being used as an asset to earn a big amount a profit. TAU, too I would say is an asset because it is also used to gain returns after investing in it.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
June 10, 2018, 02:01:41 PM
Bitcoin has a lot of risks unique to its underlying technology, so the crypto currency is suitable for investors who understand them well. I believe that an asset is safe if it has an initial protection against falling, which, in my opinion, bitcoin will not have in the near future. Therefore, we can hardly call now bitcoin an asset.


I think risks involved in crypto currencies are same level from the beginning since today there is no changes between this 10 years so you cannot be afraid of bitcoin investment it will be like normal future investments but the drawback is you cannot assure your investment but if you have good time then you will be More profitable soon.
newbie
Activity: 172
Merit: 0
June 10, 2018, 01:57:20 PM
I think bitcoin is an asset because we can invest in bitcoin and bitcoin is a source of income and I think bitcoin is a short-term and long-term asset because sometimes we can sell it if we already have a profit but that is said in the long run maybe this is the time when the price bitcoin will go up because if we buy when bitcoin price is at low level and we sell it again when bitcoin price is at high level of course we will wait big profit from the beginning we have to wait patiently because bitcoin is digital that will raise and lower the price Smiley
newbie
Activity: 173
Merit: 0
June 10, 2018, 01:42:58 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.

I feel bitcoin is an asset. Its value and wealth is high and the fact that it is a good store of value makes it more capable of being an asset. Other coins, in my opinion, like PRG are assets too. PRG shall rise after the Paragon Space, therefore it has been advised to buy it now and store it.
newbie
Activity: 11
Merit: 0
June 10, 2018, 11:02:41 AM
Bitcoins are as valuable as the currencies you own. Bitcoins also mean that you own a certain amount of assets, since bitcoin can trade as we trade gold or commodities
sr. member
Activity: 630
Merit: 250
June 10, 2018, 10:55:38 AM
I think that bitcoin is also a currency for payments and can be simultaneously an asset for transactions,it all depends on the goals of the investor.Cryptocurrency is our future and a unique phenomenon.
member
Activity: 476
Merit: 10
June 10, 2018, 10:54:08 AM
Bitcoin is ones kind of online Criptocurrency. Bitcoin is become an assets when you properly using it. it's depending on your skills.  Bitcoin volume is high and its Market is getting so huge. Bitcoin is the best way to investment. Bitcoin is not fixed asset ,but   it's is ongoing asset. you can using it and invest in.
newbie
Activity: 80
Merit: 0
June 10, 2018, 10:49:15 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.

I think bitcoin is an asset
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
June 10, 2018, 10:43:15 AM
personally i think bitcoin is an assets,when ever bitcoin is a currency, but bitcoin currency is very strong currency so we can say bitcoin is a currency and big an asset.

But still it's just an alternative investment not really an asset you can check this link if you want , feel free to look at , let me know what you think.

Link: http://blog.wallstreetsurvivor.com/2018/04/12/bitcoin-asset-currency/
full member
Activity: 299
Merit: 100
June 10, 2018, 09:58:26 AM
The advantage of using bitcoin as an asset is, undoubtedly, in order to avoid the effect on savings. but Asvat Damodaran, a finance professor at the New York School of Business, Leonard N. Stern, believes that bitcoin should not be taken as an asset, because, in his opinion, this is a currency. because of volatility it is impossible to determine its value or invest in it, but you can only determine the value and trade it, as, indeed, happens in the case of bitcoin.
copper member
Activity: 301
Merit: 0
June 10, 2018, 09:30:39 AM
I think this is good news and will definitely have a positive impact on bitcoin.
And I mention bitcoin as an asset, not as currency, because I prefer to make bitcoin as an investment.
full member
Activity: 182
Merit: 100
June 10, 2018, 09:23:34 AM
Bitcoin is digital asset which has fluctuative price. Because, slow transaction, bitcoin cant be called as currency, i think. And it's suitable for long term asset / investment.
full member
Activity: 420
Merit: 134
June 10, 2018, 09:19:55 AM
Bitcoin is mainly created for the fast transfer and psuedo anonimity of its user so they can pass/transfer to anyone on the world without thinking about the border. But as of now bitcoin is being an investment asset or become a speculative investment where many people are hoarding it just to make profit from it.
sr. member
Activity: 728
Merit: 254
June 10, 2018, 09:19:09 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.

I think bitcoin is still a currency just like other cryptocurrencies and also national currencies.  They only considered it as an asset for the reason of bitcoin's functions or what it can do, but it is still,  a currency. I think it is a good news considering South Korea is a rich country and many investors are there.  Also,  if in a country the image of bitcoin is good,  it will also affect other countries 's mindset about bitcoin.
full member
Activity: 476
Merit: 105
June 10, 2018, 09:14:05 AM
I think you should put a question mark on your title, it did not just become an asset it is the way it works like in the white paper describes it, the people who use it are just adding some features like they are stacking their own richness to bitcoin to hide their own assets, they use it to pay people for their own purposes, buy and sell, day trading and long-term, loans and many more.
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