Topic: Do you think Bitcoin is a security, a currency or a commodity? - page 7. (Read 1064 times)
September 28, 2018, 08:22:14 AM
Bitcoin is now generally perceived as a trading currency. Security is put in bitcoin far from being first. However, I believe that this currency has a bright future.
September 28, 2018, 07:49:05 AM
The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/
What do you think it is?
i will go with bitcoin as commodity as most of investors will hold and wait for the rise of bitcoin price. Since the adoption of bitcoin has not really give impact to us due to volatility and people will not use bitcoin as payment.What do you think it is?
that doesn't matter.
bitcoin is still a currency even if people use it as a commodity and invest in it only. it is just that bitcoin is on the rout to adoption and that means a rising price and that makes it an investment for now.
September 28, 2018, 07:47:16 AM
I believe that all three of these concepts are correct. It all depends on who owns Bitcoin and for what purposes it is used!
September 28, 2018, 07:23:38 AM
The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/
What do you think it is?
i will go with bitcoin as commodity as most of investors will hold and wait for the rise of bitcoin price. Since the adoption of bitcoin has not really give impact to us due to volatility and people will not use bitcoin as payment. What do you think it is?
September 28, 2018, 07:01:27 AM
I'm more leaned towards currency as well
September 27, 2018, 10:55:13 PM
I think bitcoin covers those three things, bitcoin is security because the private key for bitcoin wallets is only we know, bitcoin is a currency because some countries accept bitcoin as payment and bitcoin as a commodity because many people buy bitcoin and sell it in the future.
September 27, 2018, 10:40:52 PM
The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/
What do you think it is?
Bitcoin is a new currency that fits the future. With the continually progressing technology, digital currency will help us cope with the community's demand. So it is a currency. What do you think it is?
September 27, 2018, 10:36:28 PM
Bitcoin is more now a commodity and is bought for resale in the future. On the other hand, currency is used for payment and trading. I believe it will take time for bitcoin to become currency.
September 27, 2018, 10:07:45 PM
The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/
What do you think it is?
What do you think it is?
Yes, this is endless. Peoples have different point of view from their individuals. Some peoples says bitcoin is not an asset, it must be a currency.
Well, if you have your own opinion about bitcoin, just don't force any peoples to yours. Either bitcoin is a security or currency or commodity, as long it bring good to our financial system, then it doesn't matter.
September 27, 2018, 12:25:33 PM
security from hacker. I dont thing bitcoin provide us a secured system.its still can be hack. currency.. yeah it is currency that you use in buy and sell something. commodity? bitcoin are digital that cannot be hold physically so it not a commodity. maybe community you mean.. so yeah bitcoin is a community of a believe people's on it technology that always support bitcoin when it up and down.
September 27, 2018, 12:10:06 PM
Already many analysts who do not even refer to the crypto market say that the big players are ready to enter the crypto currency market and the price should soar in December last December, but I think it's not very good, instead of the natural distribution of bitcoin around the world, there will be a concentration in the hands of sharks Wool Street, although who is already the owners of crypto assets will benefit
September 27, 2018, 11:44:29 AM
Bitcoin is just a digital currency, not a commodity in the market. However, bitcoin is not a security
September 27, 2018, 11:33:55 AM
Bitcoin can be either a currency or a commodity. In each context, Bitcoin will have different functions for investors to use. Now, many brands accept customers to buy something by Bitcoin, even devices. However, Bitcoin is also used like a commodity by investors in order to store money in long term. That's like gold. In brief, I hope Bitcoin can develop more in the future.
September 27, 2018, 11:32:53 AM
It's difficult for Bitcoin to be a security. Actually, Bitcoin is decentralized and under uncontrolled by the government. Besides, we all trade or mine Bitcoin in the Internet by the specially technological computers. Thus our assets can be easily stolen by hackers. Storing money by Bitcoin is not the good way.
September 27, 2018, 11:31:35 AM
In my opinion, Bitcoin is entirely like commodity. Now, in the cryptocurrency market, investors buy Bitcoin as gold to reserve capital following the money- commodity- money system. Once the price of Bitcoin can be stable, I believe that Bitcoin will be used all of this advantages like commodity.
September 27, 2018, 11:31:01 AM
It seems to me that at the present time bitcoin is the easiest to study and the safest type of currency, so I focus on the currency and its development in the future and in the present.
September 27, 2018, 11:26:47 AM
I think Bitcoin is the most proper currency. Now, people can buy almost things except from retail things by Bitcoin. Even in Thailand, people can visit here and pay costs by Bitcoin . Therefore, BItcoin is supposed to be a type of currency because governments also accept it.
September 21, 2018, 02:32:30 PM
Bitcoin was created by Satoshi as a payment system against banking system.But many tried to use it as a currency.But now,almost 95 Percent of users consider it as a high ROI giving commodity.
September 21, 2018, 01:26:43 PM
seems too many people are too ill experienced of classifications.
im laughing at all those saying "commodity". they hav no clue
anything can be a currency. even cigarettes in prison are a currency. it does not matter if only 1000 around the world use it every 10 minutes or millions. it will still be a currency if only 3 people use it a day.
so bitcoin IS a currency.
below that are classifications of it (subcategories)
bitcoin falls into the asset class
im laughing at all those saying "commodity". they hav no clue
anything can be a currency. even cigarettes in prison are a currency. it does not matter if only 1000 around the world use it every 10 minutes or millions. it will still be a currency if only 3 people use it a day.
so bitcoin IS a currency.
below that are classifications of it (subcategories)
bitcoin falls into the asset class
I partly agree with the classifications.
Ok it might be classed as a currency in that it is a payment system like visa
But with its own tokens.
While bitcoin is not physical it can be used as an investment like the stock exchange.
Security is a tricky one, the OP could mean something like a hedge fund against a
recession in FIAT land.
So in those 3 scenarios Bitcoin can and is all 3
September 21, 2018, 12:18:04 PM
The endless debate... Do you think Bitcoin is a security, a currency or a commodity? We came up with a few reasons why it could easily classify in any of those categories: https://cryptocoin.news/analysis/is-bitcoin-a-security-a-currency-or-a-commodity-2-18643/
What do you think it is?
What do you think it is?
Security,because for those who trusted bitcoin this is the future of technology and the assurance of our family and love ones because of the volatility profit will go high and high as time passes by so in long run we will be having bright tomorrow
Commodity,since this has been use for investment and holding,compared to Gold this has a big potential and fast earner profiteering.
Currency,this can be use for transactions via internet,just like in japan when the function of this cryptocurrency is like what that uses of Yen
So in totality,all of this are bitcoin functionality .
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