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Topic: Bitcoin just an asset ? - page 26. (Read 9214 times)

hero member
Activity: 2590
Merit: 644
August 20, 2017, 12:49:57 AM
I don't think that bitcoin is just an asset because it is also a money for us because we can use it to pay the things that we buy or we use like in our place there is a mini restaurant that is already accepting bitcoin and other cryptocurrencies and that is an advantage for me because i can pay thru bitcoin and that is also a proof that bitcoin is not just an asset but also a money.
full member
Activity: 854
Merit: 108
August 20, 2017, 12:17:56 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?
Yes I do agreed with it. Bitcoin is really called assets even if you buy altcoins here in this industry it is same as bitcoin to be called an assets too. Why? Because it produce source of income depending on how you're gonna use it to grow it more.

Anything valuable in my kept i called it an asset and bitcoins is one of them especially now the value is very very high i might could it property that can be sell anytime at the right price.


sr. member
Activity: 336
Merit: 260
July 31, 2017, 07:28:03 PM
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?
Yes I do agreed with it. Bitcoin is really called assets even if you buy altcoins here in this industry it is same as bitcoin to be called an assets too. Why? Because it produce source of income depending on how you're gonna use it to grow it more.
In contrary, considering bitcoin and other altcoins as assets is too risky due to unpredictable fluctuation of price. Maybe the good terms that right for bitcoin is investment not an assets.
hero member
Activity: 588
Merit: 500
July 31, 2017, 07:15:15 PM
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?
Yes I do agreed with it. Bitcoin is really called assets even if you buy altcoins here in this industry it is same as bitcoin to be called an assets too. Why? Because it produce source of income depending on how you're gonna use it to grow it more.
You can pnly called this as asset if you have a whole bitcoin investment. That amount was generating high profit as your investment but this is too risky asset it has a possibility to disappear without getting nothing and if you are too lucky it can helps you to get rich in one click.
to me i will consider it as as assets because bitcoin is more precious than gold. in my area although still a lot of people still do not know about bitcoin but i am sure that when they will be introduce to bitcoin properly then they will surely take interest in bitcoin and will even get benefit from it. in my area although i have already started introducing bitcoin but still very little people are taking interest in it.
hero member
Activity: 714
Merit: 531
July 31, 2017, 05:16:52 PM
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?
Yes I do agreed with it. Bitcoin is really called assets even if you buy altcoins here in this industry it is same as bitcoin to be called an assets too. Why? Because it produce source of income depending on how you're gonna use it to grow it more.
You can pnly called this as asset if you have a whole bitcoin investment. That amount was generating high profit as your investment but this is too risky asset it has a possibility to disappear without getting nothing and if you are too lucky it can helps you to get rich in one click.
hero member
Activity: 644
Merit: 500
July 31, 2017, 04:59:30 PM
I think bitcoin is the best investment for the future, so I agree we can make our wealth assets because of the drastic increase in the future day.
Definitely! Bitcoins are the rulers of digital currency and have high potential to lead crypto market. I agree with you in this regard that bitcoins possess amazing features that make it stand higher than other digital currencies. With advancement in technology, bitcoins will lead the world.
sr. member
Activity: 854
Merit: 252
July 31, 2017, 12:43:18 PM
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?
Yes I do agreed with it. Bitcoin is really called assets even if you buy altcoins here in this industry it is same as bitcoin to be called an assets too. Why? Because it produce source of income depending on how you're gonna use it to grow it more.
sr. member
Activity: 574
Merit: 251
July 31, 2017, 12:41:35 PM
I think bitcoin is the best investment for the future, so I agree we can make our wealth assets because of the drastic increase in the future day.
sr. member
Activity: 392
Merit: 292
July 31, 2017, 11:55:05 AM
You shouldn't take any advice from the media, they mix up most of the truth to something which isn't real at all. About bitcoin as an asset yes it is also a asset but it doesn't end there with bitcoin you can gamble , transafer this asset to someone anonymously, trading with stocks knows as alts and many more. Ignore the media always google there are various trusted sites out there.
Probably the media spread out some gossips about Bitcoin and having the fact that it is taking its high rise in its price maybe they wanted to challenge those people who're in this industry. Well just to make more money for them ofcourse (that's pretty much how the media works).

But then again maybe they wanted the public to know what Bitcoin's potentials are. Like this, using Bitcoin as an asset. Maybe they've noticed a poor person is now a millionaire because of this.
hero member
Activity: 826
Merit: 1004
July 27, 2017, 12:26:03 PM
You shouldn't take any advice from the media, they mix up most of the truth to something which isn't real at all. About bitcoin as an asset yes it is also a asset but it doesn't end there with bitcoin you can gamble , transafer this asset to someone anonymously, trading with stocks knows as alts and many more. Ignore the media always google there are various trusted sites out there.
sr. member
Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
July 27, 2017, 11:36:23 AM
I consider bitcoin as a currency now because it is used as a system of money but is a cryptocurrency. So it is actually like a real currency wherein you have to convert the coin to your countries fiat exchange and anything exchanged with money is considered as a currency. Or maybe that's how I think of it.
full member
Activity: 252
Merit: 100
July 27, 2017, 11:26:47 AM
Some people think it's just an asset, some people give meaning as investment.
full member
Activity: 251
Merit: 100
July 27, 2017, 10:55:22 AM
Counting from 3 years ago bitcoin is a great asset with a considerable increase.
hero member
Activity: 884
Merit: 500
July 27, 2017, 10:47:51 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 initially used for online transactions (digital money) so bitcoin is not just an asset but when viewed from the rising selling price, bitcoin can also be used as an investment asset but if you want to create investment assets you have to be patient. Because if you use high-risk short-term investment assets for you.
Because the change in the sale value of bitcoin tends to change rapidly
full member
Activity: 126
Merit: 100
July 26, 2017, 08:57:52 PM
It is not just an asset, someday it will be in our daily lives. The life of a modern world where Bitcoin will be our only currency, supporting all countries in the world.
sr. member
Activity: 1638
Merit: 300
July 26, 2017, 08:07:13 PM
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?

I have stumbled upon the same comment. And I have personally observed how it holds some water. But to generalize that bitcoin is just an asset would be to disregard the fact that bitcoin can be used to buy food, clothes, pay an airline ticket, a hotel booking, water and electric bills, and so on and so forth. So why is bitcoin not a currency?

Bitcoin is a currency, a digital currency. I think with bitcoin used as an asset, we can conclude that bitcoin is not used for buying or payment, but a trade of sort.

Bitcoin is being legalized in most of the countries like Japan and India and it is really hard to cope up with a currency with a high volatility rate, so I think I don't mind being it called asset than currency.
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
July 26, 2017, 07:54:17 PM
I agree with what you say. Bitcoin is a good virtual currency for your future assets. If you buy bitcoin at this time. Maybe in the future you will benefit. Bitcoin is also able to be a source of income for you. So you do not have to work. You will get money from bitcoin. I think the number of bitcoin communities makes bitcoin more popular today. And what happens in the future, maybe bitcoin will be a legal currency.

The advantage of bitcoin is like that, initially only as a virtual currency but as volume grows in the trading market, bitcoin is able to fluctuate one level with real estate and even surpass the gold fluctuations. Bitcoin is more complex than fiat.
legendary
Activity: 2576
Merit: 1860
July 26, 2017, 07:52:13 PM
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?

I have stumbled upon the same comment. And I have personally observed how it holds some water. But to generalize that bitcoin is just an asset would be to disregard the fact that bitcoin can be used to buy food, clothes, pay an airline ticket, a hotel booking, water and electric bills, and so on and so forth. So why is bitcoin not a currency?
sr. member
Activity: 364
Merit: 250
July 26, 2017, 07:48:05 PM
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?



There are a lot of news that comes that are in favor of bitcoin and some are not. It's obvious that bitcoin can be treated as a currency. We can see many things that bitcoin can buy so those people who make those news possibly do not support bitcoin.
full member
Activity: 224
Merit: 100
July 26, 2017, 07:37:51 PM
I agree with what you say. Bitcoin is a good virtual currency for your future assets. If you buy bitcoin at this time. Maybe in the future you will benefit. Bitcoin is also able to be a source of income for you. So you do not have to work. You will get money from bitcoin. I think the number of bitcoin communities makes bitcoin more popular today. And what happens in the future, maybe bitcoin will be a legal currency.
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