Topic: Bitcoin is an asset or currency. - page 42. (Read 8542 times)
Bitcoins is a medium of exchange, hence an asset. Bitcoins is also an asset because it appreciate and depreciate in value. I treat it as asset and forms part of major portion of my investment portfolio.
Bitcoin is both asset and a currency but now people are treating bitcoin only as an asset as they want to make good profits from it by saving it for long term so there will be very hardly few people who would be using bitcoins as a currency as everyone wants to make big profits from it by selling it when price goes higher in future.
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Bitcoin is a currency in some parts of the world indeed and should be a currency on every part in the world, it has proven itself to be the digital gold and will be worth even more in the future, in the future if it is used more and more as a currency it will become an asset when people see the true value of bitcoin, once it becomes an asset the waves of investments will be huge and it will be officially recognized as an asset, the future is very bright of bitcoin and with it some of the good projects or altcoins.
Bitcoin is unique that it is both. Primarily it was supposed to be a currency but since it is volatile and value is increasing it is tending to be used more investment and trading than a currency.
Rightly said, it is both an asset and a currency it depends on how one treats it. It can be seen as a full currency if you only use it for small to large scale procurement almost everyday(like you'd use fiat) and it can be an asset if you solely buy them to trade or save by taking advantage of it's volatility.
Definitely believe that this is the currency,but most people think that bitcoin is an asset.. and at the same time, the asset can be considered as currency.
I think Bitcoin is not an asset and it is gonna be very smart for one to invest in Bitcoin . As its fluctuating it can be used as currency and not as asset but maybe in future it might have the power for it to be used as asset for everyone
Yes due to the fluctuating nature of bit coin it may not be called as asset because the rate of bit coin is increasing or decreasing with time to time depending upon the investment as well as popularity among all investors are the key indicators for dumping or pumping of its price.
Bitcoin's intended purpose is as a medium of exchange but it may also be used as an asset and investment. ... Whether the evidence towards investment rather than currency and thus a medium of exchange is due to the volatility of Bitcoin is a matter for future research.
While bitcoin is a form of currency that can be used to purchase goods or pay your bills, it is also a form of asset especially when you invest it in the market or just wait for its value to appreciate. Bitcoin is both a currency and an asset, just like a cash that has purchasing power and at the same time can be invested in stocks and foreign exchange transactions.
Best thing about bitcoins is that you can mine them and generate your own bitcoins.
Bitcoin as a currency is also used as in exchange of goods and services or in exchange of other currencies.
Bitcoin has come in existence from 2009 and since than its prices are increasing. Bitcoins come with advantages and disadvantages.
Bitcoins are the new trend setter of today. The rate with which bitcoin has come in economy it's remarkable. Bitcoin is come to origin in 2009, and since its rate gas been increasing incredibly.
While bitcoin is a form of currency that can be used to purchase goods or pay your bills, it is also a form of asset especially when you invest it in the market or just wait for its value to appreciate. Bitcoin is both a currency and an asset, just like a cash that has purchasing power and at the same time can be invested in stocks and foreign exchange transactions.
I think bitcoin in no longer a currency because let's say you can not buy a cup of coffee with it, so it is is an asset
Bitcoin is unique that it is both. Primarily it was supposed to be a currency but since it is volatile and value is increasing it is tending to be used more investment and trading than a currency.
For me, bitcoin is not just a digital currency that has functions like real currency but bitcoin has become a very valuable asset in my life, with my bitcoin having a good income and more economic change that I get especially for financial problems
It is depend upon the person who wants to invest if investor want to do long term benefit Bitcoin is consider as asset and if only for financial purpose only then Bitcoin can be consider as only currency.
It's pretty much the perfect asset, an asset allows you to generate wealth. But Bitcoin not only generates wealth it's also very liquid so that you can use it like a currency.
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
Well they are both a currency or an asset, My reason is that, in terms of currency, using bitcoins are widely used to shop stuffs online, just simply click in the online shop then after a few days, there you have your stuffs, In terms of Asset, Investing bitcoins such as holding for how many years you'll find incremental value about more than a 100% or exceeds to your expectations as a profit, We already witness how it works based on bitcoin history, and im still looking forward that' there's gonna be more surprises in the upcoming days. and is that necessarily a bad thing ?? and what can we do about it as a community ??
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
I think the bitcoin is like gold. but has no physical form like gold. as we know that the old days of gold can be used as a medium of exchange like money, and now gold is used as an investment asset for some people. maybe the first bitcoin was created for online transaction payments, but with the more expensive bitcoin price, we can make it an investment asset. for bitcoin communities already in my country. we discussed and studied together about cryptocurrency and is that necessarily a bad thing ?? and what can we do about it as a community ??
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
Bitcoin is both an asset and an investment. It's good to have bitcoin because it can cost more in the future, which will be profitable if you hold bitcoin and bought cheap. Bitcoin is the best investment ever made, a lot of people were able to become rich because of it.
I consider Bitcoin as asset and as well as currency. If I keep Bitcoin for long run it will give me a huge profit that's why I called as asset. If I use it for my day to day financial requirement it is currency.
I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
and is that necessarily a bad thing ?? and what can we do about it as a community ??
It's both, bitcoin is a great asset because if ever you're handling a lot of bitcoin it can value a lot in the future. I think that you can really change your life if you can invest bitcoin and hold it in the future. A lot of people were able to change their lives because they were able to invest a lot of bitcoin and hold it until now.
For me, Bitcoin’s intended purpose is as a medium of exchange but it may also be used as an asset and
investment.
Hi all, please contact us in our telegram handle @BoonTech if you like to help us to manage our bitcointalk announcement page
investment.
Hi all, please contact us in our telegram handle @BoonTech if you like to help us to manage our bitcointalk announcement page
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