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Topic: Bitcoin become an asset - page 80. (Read 6627 times)

member
Activity: 297
Merit: 10
June 09, 2018, 04:40:31 PM
#86
This can be a good asset container in the future but I would rather not invest all your money to Bitcoin.
newbie
Activity: 93
Merit: 0
June 09, 2018, 04:18:03 PM
#85
Many people think of bitcoin as a valuable asset all over the world. This is a digital currency but the use of bitcoin as a method of payment is really limited both online and offline and many also buy bitcoins for a trade or hold as their primary goal. Cool
jr. member
Activity: 518
Merit: 1
June 09, 2018, 03:51:57 PM
#84
I have always found that bitcoin has much more features of an asset and a value reserve than a currency and this is the simplest way for governments to allow their trading.
full member
Activity: 299
Merit: 100
June 09, 2018, 03:51:28 PM
#83
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.

Considering bitcoin as a currency is like considering it as an asset my friend.
 Even your money on hand or petty cashes on your company and business is considered as an asset. Assets are also used for transactions in exchange for another asset or paying a debt/liability.
The only difference is when the government stated that it is a recognizable asset it will be subjected to tax, but still depends on the present taxation in your country.
legendary
Activity: 1274
Merit: 1004
June 09, 2018, 03:50:36 PM
#82
I like to use bitcoin as a regular currency rather than assets. Of course, i also do savings but i still conceder it an currency. all i care about the future is i want to see an awesome coin which is best fit with everyone's life and situations. there are many numerous problems bitcoin is still facing on. they should be much more open with everyone and everyone should contribute to making it a successful coin (probably asset in the near future).
jr. member
Activity: 146
Merit: 3
June 09, 2018, 03:47:27 PM
#81
Bitcoin is like Gold so it is indeed an asset, People can store gold in the home or bank, and price goes up, then they sale it, same thing will happen with bitcoin, people will store it in their wallet, and sell when they feel price is right.
full member
Activity: 324
Merit: 100
June 09, 2018, 03:42:44 PM
#80
I think it's a good choice, Bitcoin is a worthy future asset to be reckoned with. That way the world will see bitcoin is an important asset.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
June 09, 2018, 03:32:28 PM
#79
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 doesn't matter how the government decides to classify it; it doesn't matter how the courts decide to treat it. What matters is how users treat Bitcoin. Right now, most of them are holding it and treating it as a store of value. They may not be using it on a transactional basis which would support its classification as a currency.
member
Activity: 105
Merit: 10
June 09, 2018, 03:26:20 PM
#78
Great news! But in fact, bitcoin from its launching is such a digital asset. Some even call bitcoin as a digital gold. In some countries, bitcoin is recognized as an investment tool, but it is not recognized as a means of payment.
newbie
Activity: 3
Merit: 0
June 09, 2018, 03:21:49 PM
#77
Ironically, Bitcoin's record growth run seems to be driven by increased interest from traditional economy players
newbie
Activity: 27
Merit: 0
June 09, 2018, 03:13:25 PM
#76
bitcoin is an incredible asset for investing for us, because bitcoin can help the economic problem in our family to move ahead of it. Because now many people are interested to invest in bitcoin. we know that bitcoin is very profitable
jr. member
Activity: 301
Merit: 3
DAEFROM.com
June 09, 2018, 02:57:45 PM
#75
I also think that most people consider/use/prefer it as an asset and not as a currency. Because of its volatility where it has potential to rise in the future, more people are buying and believing, taking risks that anytime it will be their way to earn bigger amoun of money/profit. Also because of its volatility, it is hard to use bitcoin as a currency cause it can go up and down anytime and it doesn't have stable value unlike fiat money.
newbie
Activity: 86
Merit: 0
June 09, 2018, 02:53:55 PM
#74
Yes bitcoin is the asset. Because we are will get a good profit from bitcoin. Bitcoin is best asset compare to other asset in the world. There is nothing in this world like bitcoin.
newbie
Activity: 127
Merit: 0
June 09, 2018, 02:48:11 PM
#73
Yes, most of us admit bitcoin is a superior currency because of the efficiency and usability of blockchain technology. But some people call bitcoin as a property. they have their own reasons or that they have invested bitcoin with their own assets such as selling gold, cars (material). In addition, bitcoin has the highest value and position in the market. Therefore, I think to give the concept for bitcoin a currency or property is perfectly reasonable.
yes I agree with you, that bitcoin is arguably an asset, because some people buy btc from their possessions and invest it for the long term, and will be taken whenever needed.
even most people invest to make huge profits.
legendary
Activity: 3374
Merit: 1824
June 09, 2018, 02:38:11 PM
#72
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.


Great news.
I really hope that other countries will follow soon.
In my country central bank recently issued public statement that bitcoin is not currency or financial asset.
Hopefully, they will change their opinion and follow example from S. Korea.
sr. member
Activity: 457
Merit: 250
June 09, 2018, 02:13:03 PM
#71
until now many people who make bitcoin as a valuable asset in any way still hold their coins there are also direct assets such as buying a vehicle house and others and it is so amazing that bitcoin be a source of assets for me hope the future is beneficial again for everyone's life.
member
Activity: 279
Merit: 13
June 09, 2018, 02:06:12 PM
#70
Yes, for my bitcoin will be come asset because we can invest in bitcoin and we will get a huge profit.
Bitcoin future is very promising that why there so many people believed in bitcoin.
jr. member
Activity: 135
Merit: 3
June 09, 2018, 02:00:35 PM
#69
right. even now and my friends prefer to keep our assets in bitcoin. than to store it in gold and so forth .With bitcoin we can get a big advantage. even in a short time we will become millionaires.
jr. member
Activity: 202
Merit: 1
June 09, 2018, 01:56:46 PM
#68
not just a gan asset. bitcoin can also be passed on to our family. even many people now have started many who are interested and like investing in bitcoin. because they know that bitcoin is a profitable asset .
newbie
Activity: 27
Merit: 0
June 09, 2018, 01:53:01 PM
#67
bitcoin is an asset to invest because each country uses a bit of bitcoin only traded in various cripto markets. which serves to invest a very promising for users who are important to me bitcoin value still has a high selling value
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