Bitcoin just an asset ? - page 18. | Bitcointalksearch.org

akram143

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Quote from: Kadal Ijo on November 08, 2017, 08:23:14 AM

Bitcoin is an asset and the future of the world transaction system, I never doubt that the presence of bitcoin can replace the current financial system of fiat money and banks.

I agree with you bro,but i think in future the usage of crypto currency will be increased and it will replace the fiat currency but i think all the fiat currency cannot be replaced because we need internet for crypto currency transaction so the places without internet can't use crypto currency..

muarip

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Bitcoin is not only used as an asset only because many other benefits that can be done.

Gasolined

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I think bitcoin is not a virtual currency. because it has value. It is created by the power consumption. machines. . Moreover, it can not be hacked. that is how it exists Kiss

Kadal Ijo

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Bitcoin is an asset and the future of the world transaction system, I never doubt that the presence of bitcoin can replace the current financial system of fiat money and banks.

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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?

It is technically a currency and just happened to be an asset because its market value is continuously rising and becoming more expensive which also gives its users and investors huge profit by just storing and saving it. It id just not yet recognized as a currency in some countries at this moment but surely in the future it will be legal to most of the countries.

cotton ball

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Quote from: wallstone on November 04, 2017, 10:04:45 AM

Quote from: CryptonomyCapital on July 07, 2017, 09:05:32 AM

In fact, the currency is an asset with the highest liquidity, so if bitcoin becomes sufficiently liquid, it will be on par with traditional currencies.

Bitcoin is not jut like an asset but it is also an currency and investment. In addition to that, I prefer to use bitcoin as currency because I always used it in many transactions like paying bills, shopping on online market and many more. Lastly, some people prefer to used it as an investment.

We all already understand that bitcoin has a dual function, but if we consider bitcoin as an asset, then we will not be spree and in the future we will become billionaires. Many things we need to learn not to get caught up in the panic when buying and selling, we need to trust it deeper and use it as well as possible.

KeeKit

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It is an asset indeed! A lot of cryptocurrency are now emerging and the originals are bitcoin. And it is never too late to invest One of the best is Ethereum! Let me add that the Propthereum ICO crowdsale will run off a decentralized Smart Contract that runs on the Ethereum Blockchain. It is secured with a 256-bit encryption which makes it secure and reliable. Propthereum Tokens will be minted as PTCs. These coins are a digital representation tracking the funding of our ICO and crowdsale. The pre-ICO token sale will take place on November 10, 2017 at 12PM GMT. You may check this link for more information: www.propthereum.io

wallstone

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Quote from: CryptonomyCapital on July 07, 2017, 09:05:32 AM

In fact, the currency is an asset with the highest liquidity, so if bitcoin becomes sufficiently liquid, it will be on par with traditional currencies.

Bitcoin is not jut like an asset but it is also an currency and investment. In addition to that, I prefer to use bitcoin as currency because I always used it in many transactions like paying bills, shopping on online market and many more. Lastly, some people prefer to used it as an investment.

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Quote from: LogitechMouse on November 04, 2017, 01:37:34 AM

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?

Bitcoin is an asset but not just an asset but it can be classified too as a currency because as we can see now, many things have been bought with the use of bitcoin. If fiat money is used to buy things anywhere then bitcoin can be used to buy too, although not all can be bought at this moment.

Well i thinknit was meant to be a currency and more than an asset or investment. Though it's value which is consistently rising is what's making bitcoin more and more popular and in demand. It's likely that in the future people will see it didferently but not today

ruskytailz02

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for me bitcoin yes is an asset and a good way to earn
it alternates money / fiat for me and not replaces it.
bitcoin price can consider asset because of price and the security is good If you know what I mean
and also currency but in a new way and new futuristic ways.. technology behind is amazing hahaha keep earning folks

LogitechMouse

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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?

Bitcoin is an asset but not just an asset but it can be classified too as a currency because as we can see now, many things have been bought with the use of bitcoin. If fiat money is used to buy things anywhere then bitcoin can be used to buy too, although not all can be bought at this moment.

mithon2017

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I do not know Bitcoin a wealth of what. This is a modern currency,whom resources is not wrong! It is the current assets as can be.its left after use can be. So I love Bitcoin

Ilegendph

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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?

Bitcoin is both a currency and an asset. The term asset is use when referring to an investment you owned and many people thinking that bitcoin can give them profit that's why they invest and it is considered a currency since most of the freelancers like here in forum accepts and sends bitcoin as payments. But it is true that due to volatility it cannot meet economic needs of a nation.

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Quote from: darthmaul on July 07, 2017, 10:21:45 AM

Its true that it is not having any characteristic of currency but it is acting like one. It is having all the characteristic of currency virtually though it is not physical. We can trade it with services and goods, we can pay with it for fiat currency too. Bitcoin once come in physical form might get full attention if being characteristic fiat currency.

For me it can be considered as a currency, but a virtual currency i guess. Because bitcoin can also do what a real money can do. It can be use for payments, transactions involving money, through online. I myself made transactions where I used bitcoin as a payment because I don't have any money. Aside from being an asset i guess bitcoin can be qualified to be a currency

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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?

Bitcoin is an asset because you can use it in able to make so much money. Personally for me Bitcoin is a aspect and a currency also. To explain to you, it is an asset if I store my money in it, and I expect it to appreciate. It is a currency for me cause I use it to buy and sell goods and services. So the answer to your question is what would you like it to be. People don't understand it is completely decentralised, strong, so it's the best, it's use depends on person to person. Bitcoin can help so many people to earn and get so much money.

Mehdi.Habib

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Bitcoin can be an asset because people can be stored in Bitcoin and Bitcoin is secured. Cold wallet makes Bitcoin storage relatively hassle-free. As a value of store Bitcoin is better than real asset. On the other hand Bitcoin is not only an asset but also can be a digital currency due to have transaction facilities. People now easily purchase from online through Bitcoin. So, Bitcoin is an asset besides a digital currency also.

asep samsudin

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of course, besides that I can continue to learn and increase my ability in doing bitcoin..

datodota002

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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?

bitcoin is just an asset that will still under development.so i can say is bitcoin is still on progress. for now no one realize about bitcoin. and when it done bitcoin will be great thing to invesment

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Quote from: muncuss on October 04, 2017, 07:04:00 PM

Bitcoin is more like gold than normal (fiat) currency. people can pay using bitcoin and they also invest in it. but it's not so good as a currency.
What makes bitcoin not suitable as currency bcause we can't do microtransaction in bitcoin. And i think in the future bitcoin is looked as an asset than currency because this matter.

Bitcoin is a currency I don't know if you know it but Bitcoin is built for the purpose of being an online currency. And if you consider it as an asset it will be categorized as an liquid asset which is good as cash as you can covert it easily to Fiat currency without any problems. Like any other asset that has growth potential obviously Bitcoin can be considered as both a liquid asset and as an investment. In case you didn't know a currency is also an asset.

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Quote from: riskarcher on October 04, 2017, 07:08:28 PM

To be honest I also think that bitcoin is a digital currency, can also bitcoin in the asset category if the stock is always in the market especially bitcoin is a valuable and rare asset

Now its recognized by many big's that we can use this as asset because now many exchanges and development going on for this but still if you are looking for long term investment then surely you have to check latest updates and keep eye on charts regularly because rate fluctuation can disturb you so if you are interested to keep this as asset then you must read all risks and other things about this

Topic: Bitcoin just an asset ? - page 18. (Read 9194 times)