Topic: Bitcoin become an asset - page 81. (Read 6627 times)
True bitcoin is already considered an asset by many people. Most people buy bitcoin by believing that prices will rise in the coming years and will generate huge profits, not as currency...
In my opinion, it will be accepted in many countries within a few years. If there is a legal infrastructure already price will rise very quickly.
Yes, it is an asset because bitcoin can act as investment , you can earn profit by investing on btc,right ?
Yes, bitcoin also currency so bitcoin is unique as investment because it can be use just like fiat !
Bitcoin is asset currency !
Yes, bitcoin also currency so bitcoin is unique as investment because it can be use just like fiat !
Bitcoin is asset currency !
I think bitcoin can not be considered an asset, bitcoin is a means of payment, not an object. The bitcoin value is also unstable, you might be able to store bitcoins that are currently worth hundreds of dollars but when everyone holds bitcoin, its value will go down and tend to be stable.
Assets are things that increase in value every year and I do not think bitcoin. Sometimes the value of bitcoin falls, sometimes the jump value.
Assets are things that increase in value every year and I do not think bitcoin. Sometimes the value of bitcoin falls, sometimes the jump value.
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 for me bitcoin is asset for us to build better future.
Because we all know if bitcoin is some good a way for us to get more and earn money.
So that is true if bitcoin become an asset.
Because we all know if bitcoin is some good a way for us to get more and earn money.
So that is true if bitcoin become an asset.
I think bitcoin is an asset rather than a simple currency.. because it gives long term benefits to the investors... But you can't say bitcoin is a fixed asset. Bitcoin is considered as an ongoing asset resource. Because has changed hands in a short time.
I think it depends on the person's view if btc is considered an asset or a currency. However, in my own understanding, I would have to agree that bitcoin is totally a currency used for investment and a currency used to do payment transactions. Bitcoin as a currency is the most popular and the most high valued crypto currency globally.
Yes, bitcoin has been declared as a speculative asset but Gold is $1300/ounce and Silver $17/ounce.
Bitcoin at $2,000 is also high. What is the point of mining cost of one Bitcoin = $5,000 when mining cost of gold in $500/ounce ??
Bitcoin at $2,000 is also high. What is the point of mining cost of one Bitcoin = $5,000 when mining cost of gold in $500/ounce ??
Firstly, currently a miner which adds a new block to the blockchain of Bitcoin receives not only 1 BTC but 12.5 BTC. By the way in early times the miners received 50 BTC for each new block. Let calculate the current mining cost of Bitcoin: $7700 * 12.5 = $96250 per one new block. It is profitable if the miner uses a huge mining pool that aggregates the hashing power of the ASIC bunch.
Secondly, in my opinion Bitcoin is an asset indeed. BTC is like a shares of a company, but it can be bought or sold outside of the stock markets. It is pretty safe and protected by the strong asymmetric cryptography. I think Bitcoin is an advanced shares.
Of course because it is now a currency, is not it?
I have recognized bitcoin as an asset ever since I have utilized it. Anything of value is an asset for me in my own opinion of course. Bitcoin is an asset which has a large potential for utility and purpose in the long run. Bitcoin is an asset that is used for investing and transactions.
that's right. if bitcoin will be an asset to build a better future. because investing in bitcoin in a short time we will get big profits .
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 every country of course have different rules on bitcoin like in Indonesia, bitcoin is used as an asset of investment and trading business while the use of bitcoin for currency is banned by the government. 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.
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.
You have the free will to think and assume on what bitcoin really is base on your acceptance. In USA, bitcoin is a commodity for them so if South Korea tells that bitcoin is a recognizable asset that's a good news right?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.
If a country recognize bitcoin as something valuable that's the important thing as long as they are not throwing bitcoin away and will suddenly declare that it is an illegal currency to penetrate into their jurisdiction and won't allow their citizens to use.
A currency is used for trading and purchasing goods. Bitcoin can be considered as an asset. How many people actually uses Bitcoin to purchase goods? Bitcoin has mostly just become an investment option and it isn't wrong to classify it as an asset. I doubt South Korea's adoption is all that high to classify it as a currency anyways.
Personally, I think bitcoin is a kind of asset, it has great value, and evaporates at any time
In my opinion bitcoin is an asset for me cause it give me great value and can be convert into cash anytime you want. Bitcoin is an asset and currency for me it help me a lot and to other people to reach their goal to become successful in the future.
well, for me bitcoin is an asset because it has a value like other crypto currency and properties having a value. As we can see that many people are aware on the bitcoin and it is adapted as being uses in different transaction.
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 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.
All the people in the world know the bitcoin of the currency but the conditions that make bitcoin serve as an asset because bitcoin is not legalized by all state governments for various reasons from each country so bitcoin is only traded in various crypto market and forced to temporarily bitcoin serve as an asset let alone not a few users make bitcoin as a very supportive investment tool bitcoin as an asset as well as the stock market. The most important for me is bitcoin still has value.
Most countries want to define it as a commodity, because they do not want competition for their local reserve currencies. If they allowed it to be a legal tender, then it opens up a whole can of worms for their local currency. We will just have to accept this decision and still use Bitcoin as a currency, because they cannot stop us from doing that. 
If you want to trade a donkey for a car, nobody can stop you... and this is the same for Bitcoin.
If you want to trade a donkey for a car, nobody can stop you... and this is the same for Bitcoin.
Bitcoin is becoming wealth in my opinion. But bitcoin is not a fixed asset for you or me. Bitcoin is considered as an ongoing asset resource. Because bitcoin has changed hands in a short time.
Your opinion is very good and I agree with your opinion.It's true that bitcoin is not a fixed asset for all of us because bitcoin can move hands on anyone but we can say bitcoin as a source of profit for our lives, let alone I'm sure bitcoin always gives what we want and useful for us all because bitcoin can be said assets while being profitable.
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