Currency v Property

[michnelli6]

the batle is win still property
you same 100,000 dollar, option
1 saving in bank
2 buy property
i think 10 year later, option 2 can grow this asset, option 1 is very low grow or nothing

Yes, option 2 can actually be rewarding in the long run but if you want to make good return on investment in the shortest time, then trading or arbitrage in bitcoin will be the best option to go for because you do not need to spend many years waiting for profit as can be seen with your option 2.

[MingLee]

the batle is win still property
you same 100,000 dollar, option
1 saving in bank
2 buy property
i think 10 year later, option 2 can grow this asset, option 1 is very low grow or nothing

Yes, option 2 can actually be rewarding in the long run but if you want to make good return on ivestment in the shortest time ,then trading or arbitrage in bitcoin will be the best option to go for because you do not need to spend manmy years waiting for profit as can be seen with your option 2.

Depends on what kind of property you are buying and looking for. Some precious metals will increase over time, consistent with what you're predicting for option 2, while land and other forms of real estate can also increase in value, depending on where it is situated. Some places make a lot in value, others, not so much.

[BitcoinPC]

the batle is win still property
you same 100,000 dollar, option
1 saving in bank
2 buy property
i think 10 year later, option 2 can grow this asset, option 1 is very low grow or nothing

Yes, option 2 can actually be rewarding in the long run but if you want to make good return on ivestment in the shortest time ,then trading or arbitrage in bitcoin will be the best option to go for because you do not need to spend manmy years waiting for profit as can be seen with your option 2.

Depends on what kind of property you are buying and looking for. Some precious metals will increase over time, consistent with what you're predicting for option 2, while land and other forms of real estate can also increase in value, depending on where it is situated. Some places make a lot in value, others, not so much.

Exactly, many countries where land is not in a high value, if they countries people prefer to bitcoin, so i don't think that it is bad way, And in the opposite, in many countries, land is too precious, and a lot of people can't afford it, so for those people is better that they invest in bitcoin, because it is not necessary that we should invest more in bitcoin, if we have limited assets than bitcoin is best way than property.

[Mastsetad]

Every person has a different thinking, different perspective, so every single person has different views about bitcoin as well as other things, some of us take it as a currency while some of us don't, some of us use it as money while some of us as an investment.
For me it is more of a currency then a property, by the way.

[X-ray]

the batle is win still property
you same 100,000 dollar, option
1 saving in bank
2 buy property
i think 10 year later, option 2 can grow this asset, option 1 is very low grow or nothing

Yes, option 2 can actually be rewarding in the long run but if you want to make good return on investment in the shortest time, then trading or arbitrage in bitcoin will be the best option to go for because you do not need to spend many years waiting for profit as can be seen with your option 2.

only keep in mind trading and arbitrage having even higher risk than buying property which is quite best option so far and will not going to make you lose your money,you can use the property and can sell it whenever you want

[clickerz]

only keep in mind trading and arbitrage having even higher risk than buying property which is quite best option so far and will not going to make you lose your money,you can use the property and can sell it whenever you want

A property is a good investment if you have the means to buy it. If you have a property,and you are living in it os ok.If you have a property and rent it out,its a best investment as you have a rental income at the same time. But if you have a property and you let it idle and wait for the price to go up, its not maximized.

[jaysabi]

the batle is win still property
you same 100,000 dollar, option
1 saving in bank
2 buy property
i think 10 year later, option 2 can grow this asset, option 1 is very low grow or nothing

Yes, option 2 can actually be rewarding in the long run but if you want to make good return on investment in the shortest time, then trading or arbitrage in bitcoin will be the best option to go for because you do not need to spend many years waiting for profit as can be seen with your option 2.

only keep in mind trading and arbitrage having even higher risk than buying property which is quite best option so far and will not going to make you lose your money,you can use the property and can sell it whenever you want

Property, as in real estate? Real estate isn't the most liquid asset, it's quite cumbersome to sell. Plus, 2008 should have dispelled the notion that real estate always appreciates in value, and the "buyer's market" that persisted for several years after the financial collapse quashes the notion that you can sell whenever you want. Of course, you probably could find a buyer when you drop the price low enough, but finding a buyer at a price you want is not a given at any time.

[groll]

the batle is win still property
you same 100,000 dollar, option
1 saving in bank
2 buy property
i think 10 year later, option 2 can grow this asset, option 1 is very low grow or nothing

Yes, option 2 can actually be rewarding in the long run but if you want to make good return on investment in the shortest time, then trading or arbitrage in bitcoin will be the best option to go for because you do not need to spend many years waiting for profit as can be seen with your option 2.

only keep in mind trading and arbitrage having even higher risk than buying property which is quite best option so far and will not going to make you lose your money,you can use the property and can sell it whenever you want

Property, as in real estate? Real estate isn't the most liquid asset, it's quite cumbersome to sell. Plus, 2008 should have dispelled the notion that real estate always appreciates in value, and the "buyer's market" that persisted for several years after the financial collapse quashes the notion that you can sell whenever you want. Of course, you probably could find a buyer when you drop the price low enough, but finding a buyer at a price you want is not a given at any time.

I agree. Finding a buyer at a price you want is somehow sporadic. Having a property is good in terms of keeping your money safe. For allows our money to grow "in time". But if you want a faster profit for your money, then you prefer invest or engage in trading.

[Pitchblackroom]

Bitcoin as of now feels more like property than currency.

It is sort of an investment that you just sit on and then cash out when you want to.

Not as much purchasing power with Bitcoin on buying goods.

[gabmen]

Bitcoin as of now feels more like property than currency.

It is sort of an investment that you just sit on and then cash out when you want to.

Not as much purchasing power with Bitcoin on buying goods.

In a way you have a point there dude. It's now more of an installment especially now that the price is continually rising leaving holders in a waiting game

[n0ne]

Bitcoin as of now feels more like property than currency.

It is sort of an investment that you just sit on and then cash out when you want to.

Not as much purchasing power with Bitcoin on buying goods.

As described bitcoin as a form of investment has got similar features to property as an investment. Property grows in accordance to time. Very rarely investment on property gets failed or ends up in loss. Same is our bitcoin which is unpredictable and most of the time rises in price compared to other forms of investment.

[cpfreeplz]

It's a currency. Just because it fluctuates and isn't like any other currency out there doesn't make it any less of a currency. Governments just want to classify it so they can figure out how we should be taxed! There's no other reason because who cares? Everyone uses it for different reasons. Some people hate banks. Bitcoin is perfectly for them. Some people love tech, again perfect fit. Some people can't get a bank account, perfect. Some people want to avoid taxes (not so perfect haha. Don't forget to mix those coins ). Some people want to use it to store wealth. It's an easy way to do that for sure!

[groll]

Bitcoin as of now feels more like property than currency.

It is sort of an investment that you just sit on and then cash out when you want to.

Not as much purchasing power with Bitcoin on buying goods.

As described bitcoin as a form of investment has got similar features to property as an investment. Property grows in accordance to time. Very rarely investment on property gets failed or ends up in loss. Same is our bitcoin which is unpredictable and most of the time rises in price compared to other forms of investment.

I agree. Bitcoin is more likely a property than a currency. Since if we invest it, it grows and we gain profit from it just like any property. I think most bitcoin holders make bitcoin as an investment than spending it in paying goods just like money. Most people convert it to paper money before they spend it than using it as virtual currency in paying goods. So for me, bitcoin is a property.

[arwin100]

Bitcoin as of now feels more like property than currency.

It is sort of an investment that you just sit on and then cash out when you want to.

Not as much purchasing power with Bitcoin on buying goods.

As described bitcoin as a form of investment has got similar features to property as an investment. Property grows in accordance to time. Very rarely investment on property gets failed or ends up in loss. Same is our bitcoin which is unpredictable and most of the time rises in price compared to other forms of investment.

I agree. Bitcoin is more likely a property than a currency. Since if we invest it, it grows and we gain profit from it just like any property. I think most bitcoin holders make bitcoin as an investment than spending it in paying goods just like money. Most people convert it to paper money before they spend it than using it as virtual currency in paying goods. So for me, bitcoin is a property.

I can say bitcoin is both property and a currency its because if you choose to hold it well you can calld it as your property that will grow someday, and also if you choose to pay it for deals,goods,pays or anything transactions you want is can be called also a currency thats why i can say its both since bitcoins is flexible and can be used in different aspects if we want to, just used it wisely.

[pitham1]

It's a currency. Just because it fluctuates and isn't like any other currency out there doesn't make it any less of a currency. Governments just want to classify it so they can figure out how we should be taxed!

This is true. Governments are looking to classify it in a way that it can be taxed at the maximum levels.
But they are slow to initiate steps on this and courts all over the world are giving rulings on the classification of Bitcoin.

[clickerz]

I can say bitcoin is both property and a currency its because if you choose to hold it well you can calld it as your property that will grow someday, and also if you choose to pay it for deals,goods,pays or anything transactions you want is can be called also a currency thats why i can say its both since bitcoins is flexible and can be used in different aspects if we want to, just used it wisely.

It means that bitcoin like cash is also liquid. You can transfer into cash, or buy nything you want. That is the advantage of bitcoin, and also through ime it also appreciates in value. Property also apprecciates in value, but in time of financial emergeny its hard to turn it into cash. You can pawn or well it for a lower price for fast transaction.

[Barbut]

It's just point of view, something have a value or not doesn't matter do you spent it regularly or not. That is individual decision how will someone use it, or that depends just from someones need.
I don't know how to classificate myself in this matter, I gamble a lot with bitcoins I earn, from time to time I exchange bitcoins for my currency cause I can't use bitcoins like money in my county and I need money. For me bitcoin is currency, but probably we wouldn't be wrong if we say that bitcoin can be a property.

[anavuajna]

It's a currency. Just because it fluctuates and isn't like any other currency out there doesn't make it any less of a currency. Governments just want to classify it so they can figure out how we should be taxed!

This is true. Governments are looking to classify it in a way that it can be taxed at the maximum levels.
But they are slow to initiate steps on this and courts all over the world are giving rulings on the classification of Bitcoin.

despite the court cases, it is still the government should determine what cryptocurrency. It is unfortunate that no tax Bitcoins can not do in the future. But the positive is that Bitcoin will be used in many areas

[xdrpx]

When you say Bitcoin is a property, even my fiat currency is my personal property, I own and spend it when I want to. But, Bitcoins are a currency or financial asset no matter what. It has liquidity and can be a medium of exchange, also it can be taxed based on the income earned and if and only if your personal details are tied to it, or else it can't be taxed or tracked reliably. Also a currency can be spent easily in any merchant, but with Bitcoins it may not always be the case, this is same with any crypto currency or online wallet applications that emerge. I prefer the 'Currency' classification no matter what.

[kryptqnick]

Well, for me Bitcoin is rather a value, because when I earn a certain sum, I sell it. It is interesting that there are countries where BTC is considered to be property and not currency in law system. Venezuela is one of them, if I am not mistaking. I think that we can have attitude of property or currency speaking about any particular thing. Gold, gems and even clothes or hair are examples of it.