Bitcoin just an asset ? - page 15. | Bitcointalksearch.org

noictib

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Quote from: Shamie1002 on July 07, 2017, 08:24:06 AM

I have read in the news that that like bitcoin as virtual currencies are assets and does not have the characteristics or what it takes to be a currency that could meet our modern economic needs. It was said that it does not have the fundamental attributes. What are your thoughts about it?

Here all depends upon us that through which way we are thinking about bitcoin whether it is a way of payment , way of spread business in worldwide level with the help of bitcoin , way of inevstment for long term , save money like in bank or it is as an way of putting money in bitcoin as an privacy to have that what amount of money you have .
So it depends upon perosn to person that in which way they are using it , but here it is wrong that bitcoin has no attribute at all , in Actual bitcoin is much encrypted then what banking system in this world are .

roberthus

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While we can continue exchanging things through bitcoin, it could never be considered an asset.

oaz7t

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Bitcoin is used as an investment asset because of its rising value
Bitcoins basically were used for anonymous transactions
But now its value has increased a lot and become a solid investment

insom

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Bitcoin is really an advantage. You can put resources into Bitcoin and win a great deal of benefit from it. Considering it as a benefit is right as, with the augmentation of its value the estimation of our venture increments hence we can get it as far as benefit. Be that as it may, it isn't only a benefit. It is additionally utilized as an online cash for exchanging. So denying its different highlights isn't right.

priyankg3

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dont know much but in us , pizza shop use bitcoin to receive the payment from the customers, in india state andhra pradesh use bitcoin for stamp duty (real estate projects).. so somehow it uses like a assets

amla

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Yes it is an digital asset means in computer or digital trade you have equal to Bitcoins wealth which means you can do whatever you want with digital wealth like If you want to withdraw that amount or doing trade or go for more investing whatever You want so it is just like gold which we have in our daily life same is the case with it in digital life you can also cash it out if you want to do so.

kingntking

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Quote from: MrZ28s on November 15, 2017, 04:52:26 AM

Bitcoin lately is becoming more of an asset due to its increasing transaction fees. Just lately, I can see some transaction accelerators asking for payments in order to speed up your bitcoin transaction which is sad. We will be expecting some more developments soon after this segwit2x fork. Lightning Network is coming up next perhaps next year.

It is not just investment but also a currency, Lol. There are many categories for categorizing bitcoin. Ether are numerous functions that are being performed by bitcoin all alone. It totally depends on the sure how he wants to sue bitcoin, those who are investors and want to make money with it are holding it for long time and earning large profits and so on. Bitcoin is adjustable currency and everyone can sue it.

quocsi

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I think bitcoin is not just an asset. Bitcoin is also considered a high value currency. You can also use it to pay and pay the bills you need.

ridho002

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Bitcoin for me is an asset as well as a currency. This is the currency because there are more places around the world where bitcoin is accepted as a form of payment. Meanwhile, it is still a commodity because there are thousands of users around the world who just stick to bitcoins for value, or more like the value of the future.

pathapoddo

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Bitcoin is a digital currency. If you save it in your wallet it will be your assets. Or you spend it in your expenses it will be a currency. I think butcoin is a asset & a currency also.
Thank you

mayidid

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Bitcoin isn't just an asset, but there is no easy way to define it. It can be called a cryptocurrency, but that could also make people think it is a currency. Really it is several things including: 1) a store of value, 2) an investment, 3) a method of transferring money electronically, 4) a method of making purchases. I'm sure there are other features as well.

btcpepa04

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bitcoin becomes sufficiently liquid

dhka

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It is likely true, its rate is changing very fast
Such volatility wont be fit to be used as currency
And we can see now, most of btc holders are holding their btc, they rarely use it to do a transaction other than trading

Royhan25

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Bitcoin was actually created as a currency by satoshi.. People earlier used it as a currency either to send money at very low cost or to buy any products.. But,now with growing price of bitcoin,it is now mostly bought by people as avaluable asset which could give huge returns in future.They mostly don't want to spend bitcoins for buying any thing which could be even bought with fiat money itself.So,we could say bitcoin both as a currency as well as an asset depending upon the user's opinion...

smauni

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Bitcoin is not just asset to me. It is a great gift to me from the Creator, the medium of storage for the future, the medium of savings for the future of children, and it is a credible digital currency. Because it meets all my needs. I hope this will rich me in the future.

arlinxoha

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I agree with you. I think Bitcoin is asset and I think of currency. It is currently very popular to youth society. If we save Bitcoin, it will definitely be the property for our future. I love Bitcoin and I love it. It is bad for its future.

MD Milon

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Bitcoin as digital currency and it's transferred any where within short time through mobile and online.bitcoin also use different platform.bitcoin as a virtual currencies are asset.

DewiKirana

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Bitcoin is actually more than just an asset. Bitcoin functions can include as a means of payment, trade.
The majority of bitcoin users use it as a trade, because they want a profit.

RiskySanchez

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No !! Bitcoin is better than other asset what we know. Bitcoin is more popular than gold, gems or jewerly. I am surely in the future every people will invest to bitcoin for a long term and If I had more money I would like to purchase a bitcoin as much as possible to live a better life

yusupjatigumilar

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Bitcoin is not only an asset but also a promising investment commodity because of significant price movements every day, you can get a big profit if you bought a bitcoin when it has a price worth a hamburger. But if you just want to invest also not too late because the prospect of a potential price movement.

Topic: Bitcoin just an asset ? - page 15. (Read 9194 times)