Is bitcoin an asset or a currency? - page 12.

finzyoj

sr. member

Activity: 644

Merit: 255

CryptoTalk.Org - Get Paid for every Post!

Quote from: coynedterm on March 18, 2018, 06:21:14 AM

Quote from: StevenRA on October 25, 2017, 05:01:08 AM

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

I don't think that we should make any argument between the matter that bitcoin is asset of currency Because it depends upon the people that how they want to use and how do they are using .
Personally here I myself using bitcoin like currency as well as asset , i am making micro amount of the earnings and putting them for the increase by value for long time ( holding since 2 year and also making passive income by holding bitcoin ) .
At another side I am using bitcoin for selling and buying another coins as well as for the buying goods at purse.io and at another sites also which a re accepting bitcoin as a payment .
So don't think/confuse whether it is currency or asset .

We can use bitcoin as an asset and as a currency at the same time. It may not be treated as a fiat currency but we can gain fiat by trading it into our local currencies. Personally, bitcoin is a good asset for me and as an investment especially for long-term holding because its value is continuously increasing. In the future, bitcoin as a digital coin will be put into more use and as a complement with the continuously improving technology too. We do not know what will happen but most of us will certainly wish for bitcoin to be put into more importance like the government recognizing and legalizing it.

mejalipat

full member

Activity: 364

Merit: 100

Quote from: StevenRA on October 25, 2017, 05:01:08 AM

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

In my opinion, bitcoin can be an asset and currency because bitcoin can be used as payment and can also be an investment asset for our future.

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: StevenRA on October 25, 2017, 05:01:08 AM

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

I don't think that we should make any argument between the matter that bitcoin is asset of currency Because it depends upon the people that how they want to use and how do they are using .
Personally here I myself using bitcoin like currency as well as asset , i am making micro amount of the earnings and putting them for the increase by value for long time ( holding since 2 year and also making passive income by holding bitcoin ) .
At another side I am using bitcoin for selling and buying another coins as well as for the buying goods at purse.io and at another sites also which a re accepting bitcoin as a payment .
So don't think/confuse whether it is currency or asset .

Qu33nz3r

newbie

Activity: 155

Merit: 0

for me bitcoin is an asset that at any time we can exchange with the applicable currency.

boddy.dy

member

Activity: 252

Merit: 17

For me bitcoin is a currency, literally bitcoin is a crypto currency. This is the modern trading because it is incorporated with the internet. Others say that this is an asset because it involves money. Even some are putting all their money here. The thing I think that I can’t say this asset because any time it can vanish or even will lose its value. We all know that an asset is something that can increase its value but must not lose its value. So don’t make this an asset for you not to have any problem in the near future.

dzaqira09

newbie

Activity: 42

Merit: 0

Quote from: StevenRA on October 25, 2017, 05:01:08 AM

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.c[Suspicious link removed]m/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

which I know bitcoin as an asset, the more we invest heavily as well as the assets we have, in say the currency can also because it also has a nominal price, although not visible and bitcoin is the currency of the future

jcarlo

member

Activity: 798

Merit: 10

Quote from: kyucryp on March 13, 2018, 04:40:55 AM

in my opinion, for now bitcoin is more accurately referred to as an asset than the currency. because the majority of bitcoin users only for the trade and investment. As for buying and selling, everyone uses the currency that already exists today in accordance with the currency of each country

Bitcoin banned in many country if use as currency, so right now the best decision is treat bitcoin as investment asset. Hopely in the future, bitcoin can be use as currency and can use as payment

bolbau

full member

Activity: 574

Merit: 102

I think it depends on the country where you live. like me in indonesia, bitcoin should not be used for payment instruments, because the legit currency is only rupiah. so what happens today is bitcoin just as a digital investment asset.

dexterbit

newbie

Activity: 82

Merit: 0

The latest proceedings about bitcoins suggest that it is a “valuable asset” rather than a “means of transaction”. While this question is open to debate, we will look at the various aspects of bitcoin and its utility, both as a currency and asset.We analyse the statistical properties of bitcoin and find that it is essentially uncorrelated with traditional asset classes such as stocks, bonds and commodities, both in normal times and in periods of financial turmoil.

mudasarali43

full member

Activity: 420

Merit: 100

I think due to their huge price and demand some peoples are thinking bitcoin as a asset because some assets have the only thing of increasing their price in future and some assets may increase or reduce in their price and if you observe the nature of bitcoin it is also changed and may be it tally some assets and that is why i think you can say it is an asset.

Jerald

full member

Activity: 293

Merit: 107

For me it is both asset and currency,because as we search about the meaning of bitcoin,it is a digital currency which we can use to buy online products if we don't sell it. An asset also because all things with value is we can say an asset,and bitcoin has a value and we can say that it is. No matter what is bitcoin we are happy that it has a big help to us to earn money.

unangsajah

member

Activity: 196

Merit: 10

Bitcoin is basically a digital currency used as a means of payment in the world of Crypto. But now many bitcoin that use as a place for investment, although with high risk. so depending on how we want to use it, because of the core bitcoin the only tool.

Cloak1

sr. member

Activity: 623

Merit: 251

For me to use bitcoin as a medium of currency, I need to find a seller who accepts bitcoin. So, I prefer calling bitcoin as an asset. Considering bitcoin as an asset is like investing, and bitcoin is a good investment for long term period.

finaleshot2016

legendary

Activity: 1722

Merit: 1007

Degen in the Space

For me i think it's just an asset to make a real money. It's a currency when it comes to digital since it has a legit fluctuation and the price can grow. It really have a characteristics of a real money.

billykannithi

member

Activity: 330

Merit: 12

Quote from: colvis on March 17, 2018, 06:57:02 PM

Bitcoin is really a currency.. That yield us good assess that we benefits from..

I'm strongly belive that a really currency don't benefits us, only investment does that , the function you're talking about isn't related anything to the currency function of Bitcoin at all.
But you made money from Bitcoin is actually good because not much people can do that purpose, most of them are losing so hard.

nicpaig

member

Activity: 132

Merit: 10

Quote from: StevenRA on October 25, 2017, 05:01:08 AM

Seems many people treat bitcoin like an asset given how much it's gone up over the last year or so. But some academics disagree with that assessment. If it is to be treated as a currency, it will need to stabilize to be of use.

https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html

For me I would say both an asset and currency is bitcoin because as of now its an asset to make us rich and save us from unstable income.Ad it is also a currency ehich the value price is much bigger than other crypto coins.

colvis

full member

Activity: 378

Merit: 101

Bitcoin is really a currency.. That yield us good assess that we benefits from..

rollingstorm45

member

Activity: 448

Merit: 17

in some countries, Bitcoin is considered an asset, and in some countries, Bitcoin can be considered a currency
all depends on the regulation of the state government
in Indonesia everyone can save Bitcoin, but it should not be used for payment instruments, so in Indonesia, everyone considers Bitcoin as an asset

djselery

legendary

Activity: 1386

Merit: 1001

Bitocin is both of them : an asset and a currency. Obviously it was created to be a digital currency, and it is easily used to pay for bills and to buy and sell goods and services online.
But it is also an asset because its price is volatile, and increasing highly with time, many people around the world become rich by investing and holding this crypto currency.

Itjoker

full member

Activity: 532

Merit: 103

I like Bitcoin because it is a great asset to the growth of which you can earn. Bitcoin also became the beginning of the development of digital currencies and the basis for the trading with altcoins.

Topic: Is bitcoin an asset or a currency? - page 12. (Read 3626 times)