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Topic: Is Bitcoin a currency or asset? - page 51. (Read 12796 times)

member
Activity: 112
Merit: 10
September 05, 2017, 02:27:34 PM
Both opinions are acceptable People can use the BTC as a currency or an asset

Though it has some limitations but We can call it currency because we can buy goods from online with BTC, we can easily transfer money through this system.

On the other hand we also can call it Asset cause We can invest in it, we can make profit via BTC & We can also store/hold it for the future so BTC is am Asset too.
hero member
Activity: 840
Merit: 500
September 05, 2017, 02:27:00 PM
Bitcoin is both currency and asset as well because you may use it to buy product or save it as an asset when the value increases then you may sell.
yes we can consider bitcoin as assets as well as currency. because we can use bitcoin both for shopping as currency as will as for investment and trading, therefore for me i think bitcoin can be consider as both assets as well as currency. i think bitcoin is created as currency but in present time the opportunities to use bitcoin as for currency everywhere is not present therefore people are using it for trading and investment as assets.
hero member
Activity: 882
Merit: 500
September 05, 2017, 02:22:08 PM
I think BTC is more a currency then an asset.
You are right but still you can see that people are not only using it for making money and making rotation of money in the worldwide but people are using it as an asset also because use of the btc as an assets is a better way of making money .
In my opinion about 60-70% people arr using bitcoin for the earnings as an investment in asset like thing ( according to reviews in my friend circle ) .
So here we can't target bitcoin for single use or for the particular purpose , people are using it for the earnings as well as savings , gambling , worldwide transaction , payment for online shopping and all about ways , so stop your thinking to understand bitcoin like asset or currency and use it for all purposes possible for you  because this is bitcoin which have no limit of use in any field wherr everything is publicily open see Cool
newbie
Activity: 41
Merit: 0
September 05, 2017, 02:06:07 PM
I think BTC is more a currency then an asset.
full member
Activity: 378
Merit: 100
September 05, 2017, 02:03:43 PM
There's an argument it's actually both
sr. member
Activity: 616
Merit: 251
September 05, 2017, 01:59:54 PM
Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.

I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/

What's your opinion about BTC as a currency or an asset?

Suggestions and comments appreciated  Smiley Wink

I think bitcoin is currency and asset as well. It is a currency because we can use bitcoins to buy goods, pay bills and other things. It is an asset because we can invest bitcoin and wait some time, because bitcoin price can be go more than $10,000 in the near future.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
September 05, 2017, 01:44:06 PM
For me currency and asset is same . bitcoin is asset becuase many people keep it for their future money and because of this value people use this to buy anything that they want like paying bills or buy a stuff  . bitcoin is currency becuase bitcoin give a profit to us .
Well, for me its a currency because I can able to use it in different transaction like paying bills and buying some stuff on online market and many more. In addition to that, I think bitcoin is the new curreny and it is a digital currency. Lastly, I guess bitcoin will become our world currency.
full member
Activity: 223
Merit: 250
September 05, 2017, 12:34:43 PM
For me it is both currency and asset. Because if you have a currency you also have an asset which is the same. and if your currency is getting high you have also has a good asset. Maybe we should say that bitcoin is a kind of asset. Though we can't always on hand but you can use through digital and depends on you if you want it to make cash.
I agree.Bitcoin is a digital currency wherein we can purchase items through online.And if we have kept numerous number of bitcoins,it means more savings,then it becomes an asset.Bitcoin tends to become an asset because of its own market value.It's very high that all will be magnetized to it.Bitcoin becomes totally a pride for everyone.
Bitcoin has been become to an asset and today, many people hold Bitcoin for their future or save money. The value of Bitcoin recently make it from a currency for transfer money easy to new asset important.
full member
Activity: 694
Merit: 108
santacoin.io
September 05, 2017, 12:23:58 PM
Bitcoin is both currency and asset as well because you may use it to buy product or save it as an asset when the value increases then you may sell.
full member
Activity: 644
Merit: 103
September 05, 2017, 12:19:23 PM
I think it tips more as a currency rather than an asset. Because unlike gold, which is undoubtedly an asset, can be liquidated anytime but bitcoin which is a "pseudo-asset" cannot.
full member
Activity: 336
Merit: 100
September 05, 2017, 12:10:42 PM
no, bitcoin a process of investment and from the results of this investment process can make money, not currency and not also asset. the name of the currency is only owned by all countries in the world, for example malaysia has the name of the ringgit currency. and that asset is some property belonging to a person or group that can be made with some money, so bitcoin is not a currency nor a asset.
sr. member
Activity: 2828
Merit: 344
win lambo...
September 05, 2017, 10:22:02 AM
For me it is both currency and asset. Because if you have a currency you also have an asset which is the same. and if your currency is getting high you have also has a good asset. Maybe we should say that bitcoin is a kind of asset. Though we can't always on hand but you can use through digital and depends on you if you want it to make cash.
I agree.Bitcoin is a digital currency wherein we can purchase items through online.And if we have kept numerous number of bitcoins,it means more savings,then it becomes an asset.Bitcoin tends to become an asset because of its own market value.It's very high that all will be magnetized to it.Bitcoin becomes totally a pride for everyone.
member
Activity: 167
Merit: 10
September 05, 2017, 09:49:42 AM
Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.

I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/

What's your opinion about BTC as a currency or an asset?

Suggestions and comments appreciated  Smiley Wink
Bitcoin is an asset for me because we tend to work and to gain more of this and then we aim that all are post in every signature campaign will be pay. asset is the main cause why people using bitcoin. to earn money for their self or in other reasons. the bitcoin has no price stability yet it is okay for me.
newbie
Activity: 37
Merit: 0
September 05, 2017, 09:19:07 AM
Bitcoin is an asset/investment saved for a later date.
in my opinion for it to be a currency it must be regularly used which it is not.
member
Activity: 354
Merit: 11
September 05, 2017, 09:16:37 AM
For me it is both currency and asset. Because if you have a currency you also have an asset which is the same. and if your currency is getting high you have also has a good asset. Maybe we should say that bitcoin is a kind of asset. Though we can't always on hand but you can use through digital and depends on you if you want it to make cash.
member
Activity: 93
Merit: 10
September 05, 2017, 08:47:43 AM
Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.

I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/

What's your opinion about BTC as a currency or an asset?

Suggestions and comments appreciated  Smiley Wink
Both. Bitcoin is both a currency and I can also hold them as my own.Keep us capable of becoming a millionaire in the future.
jr. member
Activity: 53
Merit: 10
September 05, 2017, 08:44:09 AM
At the moment Bitcoin is more an asset than a currency, because currency is something that people use constantly, everyday in exchange for goods and services. However, I can see Bitcoin being more widely used in the future as currency and asset. But for this we need a joint community effort that can make us have faster and cheaper transactions, through technologies like Lightning Network, and new technologies that may be about to come.
sr. member
Activity: 714
Merit: 250
September 05, 2017, 08:35:22 AM
I think it is store of value like gold and at the same time currency, similar to fiat money.
This makes bitcoin superior than both of them as well.

Well, I think bitcoin its not an asset and at the same time it can become currency. In addition to that, bitcoin is a digital money and currency that you can use in different kind of transaction. I guess bitcoin is the new currency and I believe that it will become world currency.
newbie
Activity: 41
Merit: 0
September 05, 2017, 06:48:48 AM
BTC has both properties of assets and currencies. It originally started out as a method of currency, but as people realised it's worth and got more interested, it's values rose as a currency. Now it has gained the properties of volatility, and enormous potential to multiply, which is similar to assets. Therefore we keep them. So in the end, is it an asset or currency? I would say both.
full member
Activity: 284
Merit: 100
September 05, 2017, 06:45:59 AM
Bitcoin’s very volatile prices have reignited the debate about its usefulness as a currency or as an asset. In some ways, Bitcoin suits the definition of currency quite adequately but if the volatility is less. It allows for the creation of secure and transparent transactions. Thus, can be used as a secondary currency in future. Some of the experts have huge concerns over its volatility. But, sooner or later the prices may remain less volatile as of today.

I have mentioned few points about Bitcoin as a currency or as an asset in my article here: https://atozforex.com/news/is-bitcoin-a-currency-or-asset/

What's your opinion about BTC as a currency or an asset?

Suggestions and comments appreciated  Smiley Wink
It is partly difficult to say whether a bitcoin is an asset or currency. But as for me, I am labeling bitcoin as an asset because in here we are just saving gold or valuables. And in addition, bitcoin is only an asset or investment because if we need money, we still need to sell that asset for it to become cash for us to be able to buy things. We know that we can use bitcoins to buy some items through online but still, bitcoin needs more improvement.
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