Topic: Bitcoin is an asset or currency. - page 49. (Read 8562 times)
For me personally more defining Bitcoin as an asset. if we trade in a low scale then the transaction cost will destroy it. and because of its ever-increasing value over time, people consider it an opportunity to make a profit.
I think bitcoin is a currency. It can be use to trade and buy things. Assets are properties. I believe bitcoin is not asset. It is money.
Bitcoin is a digital currency that can be a key for us to earn money
RightBitcoin is a digital currency. It can be help us to earn money. I think bitcoin is both asset and currency. At first people belief that bitcoin is only currency but now it's very popular. The price of bitcoin is so high. For that reason, bitcoin is now an asset. People hold it as a future asset.Many people change their life with the help of this currency. So, they believe that it aslo an asset.
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 consider bitcoin as currency and also investment. this is the advantages possessed by bitcoin, I can do various transactions easily. otherwise if i use bitcoin as an investment then i can get many benefits. this is what most people love from bitcoin, ease in making investments into pluses that must be taken into account. In conclusion, more people today are considering bitcoin as an investment than currency. and is that necessarily a bad thing ?? and what can we do about it as a community ??
Bitcoin is a digital currency that can be a key for us to earn money
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 ??
no matter what you say. everyone is always different opinion. but in essence everyone wants a profit, because that's how much of it is involved in bitcoin.
Bitcoin, there are several categories for bitcoin, among others:
Bitcoin can be used, as a virtual currency, traded, or stored as an asset or a form of digital commodity by the people.
I guess this is not a bad thing, because in this way some speculative action takes place, this also affects the rise and fall of bitcoin prices.
We, who stand in a community are not given the right / authority to organizes it.
Bitcoin can be used, as a virtual currency, traded, or stored as an asset or a form of digital commodity by the people.
I guess this is not a bad thing, because in this way some speculative action takes place, this also affects the rise and fall of bitcoin prices.
We, who stand in a community are not given the right / authority to organizes it.
It stars as an asset and in the future I think it will become a currency. If the countries do not block it. 
I personally beleive bitcoin is an asset rather then currency. If you trade it on a low scale then The transaction fees will ruin you. So better buy and hold butcoins for a long term invesent and make it an asset for future to sell it at 10k $.
Traders are not assest the bitcoin. lack of knowledging users are assest the bitcoin. But we'll experienced traders and users are not assest the bitcoin. Because bitcoin value is simultaneously changing at anytime. Bitcoin is a temporary investment. We don't spend all currency to invest. This is just a saving some money. It will help to useful for emergency time.
Satoshi created it as a currency. There is no doubt about that. The community embraced it as a new money and want it to stay it that way. However, this is no longer possible. I remember that we were discussing how amazing it would be to buy a cup of coffee with your Bitcoins on the way to work every morning. It is popular enough today, but the story has changed. Current transactions fee cost is not making Bitcoin efficient and cheap for using in daily basis. Your question is simply the most important one among all Bitcoin users today.
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 a digital currency that can be used to transact and to buy your needs. I already paid some bills thru BTC. Some consider it as an asset because of the value. But for me, it is not an asset. It is a digital currency.
The main purpose of bitcoin is as a digital currency, but its good existence can not be used as a legitimate currency in a country because in every country also has set the currency for transactions. Thus this excellent bitcoin is more suitable for future investment that is very guarantee.
nothing is bad, this is better in my opinion, bitcoin can be useful as both a currency that can be used to transact and buy, and because the price is rising and never inflation like a flat currency, that is where bitcoin is very suitable to make as an investment asset.
Bitcoin was originally design as a digital currency,in which many people engage in trading online with it.Sending and receiving payment online using bitcoin. As it is a known fact that Bitcoin appreciate in value, many still uses it as a currency they use for trading, while those who see it as an asset go a long way by buying the Bitcoin and leave it to when it value have so much appreciate and then will then in tend to sell or make more investment as the value appreciates above the buying price. So Bitcoin serve as a currency and as well as an asset
I personally beleive bitcoin is an asset rather then currency. If you trade it on a low scale then The transaction fees will ruin you. So better buy and hold butcoins for a long term invesent and make it an asset for future to sell it at 10k $.
Bitocin has been introduced being a currency and it is still working in the market being a currency but if we evaluate bitcoin deeply then we may say that bitcoin is going to become an asset of the world because it has been announced that there are 21 million bitcoin in the system so it mean that bitcoin are limited in quantity while currency by nature is not limited somewhere. In this regard I consider bitcoin being an asset. 
from the onset of bitcoin is made for digital money, but many people keep their bitcoin as an asset because many people think because bitcoin prices continue to leave so many people store it and sell it later in the day at a higher price.
Bitcoin is whatever you want it to be. It's both an asset and currency. You can hold it like you can a stock and trade with it. You can also make transactions with people and businesses if you decide to. Bitcoin is pretty flexible in that regard.
bitcoin is a digital currency that can now be a means for everyone who wants to earn profits by investing in bitcoin, then bitcoin also still has other advantages so as to be the best
I believe, currently, it is more of an asset than a currency. Bitcoin's value keeps on increasing recently with no limit in sight. Some have even speculated that it may reach $10k dollars in a few months. With that in mind, no one would just spend their bitcoin which may have more value in the future.
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 ??
I believe bitcoin holds both roles with dignity. It is a currency and most certainly a valuable asset to many. It just depends on how you look at it. People like me, look at the bitcoin as a valuable investment asset with all the ability of a currency. However, I prefer to use bitcoin for investment only and not for spending. I believe that bitcoin price is still low and it has a huge potential to become really valuable in future. I am holding most of the bitcoin with that good hope and not spending it. However, bitcoin can be used as a transaction processor as well. The only thing that I don't like is that confirmation time of a transaction. The average transaction confirmation time is around 30 minutes which make it not so popular as a currency. But for investment asset, bitcoin is the best.
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