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Author Topic: Is Bitcoin a currency or asset?  (Read 12729 times)
fistteam
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January 13, 2018, 04:32:35 AM
 #841

Bitcoin is both currency and assets. In some countries, bitcoin has been legal and it is used in everyday life as a currency. Bitcoin is used by companies to pay for transactions. The value of bitcoin is huge, which is the property of the investor.
prieaji
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January 13, 2018, 04:40:40 AM
 #842

for me to collect bitcoin is very important, because it makes bitcoin as an asset that I should use for the future to come. money can be our assets because the velocity of money that use will be its own luck. so bitcoin and money are just as much an asset that we have to keep better.
Boom69699
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January 13, 2018, 04:42:45 AM
 #843

It can be an asset or it can be a currencies it depends on hiw will you use it
btccointalk
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January 13, 2018, 04:59:43 AM
 #844

For me,bitcoin is a modern digital currency.

hydeevanz
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January 14, 2018, 02:28:22 PM
 #845

In my opinion, crypto currency is an asset to most of the people as of now due to its potential of increasing its value. Some of us work on crypto world because our perceptions keeps on telling that it is worth of spending time because you can get an income if you trade, invest or even work on signature campaign. The crypto currency is used in transactions because some country, establishments and schools already accepted the bitcoin.
ajdaj
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January 14, 2018, 02:36:16 PM
 #846

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 possible that in the near future bitcoin will become a currency on the market, but at the moment I think that bitcoin is more active than currency, yes, the asset is more suited to bitcoin.
Razumomo
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January 14, 2018, 02:54:12 PM
 #847

bitcoin is a type of currency but it cant be touchable. it is also a asset. because it will always increase your profit. if you can hold it. but i would say it is asset more than currency you can say
Renu kapoor
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January 16, 2018, 03:55:40 AM
 #848

Bitcoin is an asset as well as a currency, if one use it for personnel needs and other
keeps it for future it works for both the terms equally. You can enjoy the present or
save for the time to come.

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QWURUTTI
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January 16, 2018, 04:15:49 AM
 #849

Bitcoin is yes and indeed an online currency which we can use to buy things not just online but also to the stores which is already accepting bitcoin as payment and bitcoins are also an asset which the price keeps increasing and its value is getting higher making bitcoin one of the most favorable online digital asset. As long as you are able to maintain a good amount of bitcoins then you will see great results.
QWURUTTI
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January 16, 2018, 04:16:43 AM
 #850

You have always to diversify between private currency and official currency and as a private currency bitcoin works very well and I do not see the necessity to let it become an official currency as both can run perfectly paralell. And if it would become an official currency there would be surely a lot of regulations connected with this move and I prefer freedom and independence!
Ryan1212
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January 16, 2018, 04:39:55 AM
 #851

BTC is digital currency become too much famous and get a great value, mostly big companies big brands starts to accept bitcoin that create a great hype and make the bitcoin price and demand as a currency.
blockman
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January 16, 2018, 05:07:21 AM
 #852

Bitcoin before is used as a cryptocurrency and the fees were actually low and the price before isn't that high. I also experienced that there's no fee when it you will send someone some bitcoins and it will be confirmed after a couple of minutes. But now things have changed and it's totally different from before. Bitcoin is now treated as an asset, a digital asset. Everyone is holding their bitcoins and it's the reason why bitcoin on this days is treated as an asset although it's still a currency.

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January 16, 2018, 05:16:53 AM
 #853

I myself say that bitcoin is an asset because we are directly incapable of holding it even to the sight.While the official currency is able to keep a person at all times and there is certainly a real form when it wants to do various transactions.

BlueStackz
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January 16, 2018, 07:16:36 AM
 #854

aren't all currencies assets anyway?
People are using bitcoin more as an asset than a currency and the reason is the very same that you have stated. It is highly capable of increasing in value over time and making investors rich without doing any hard work or struggle. It is better than gold because gold is less volatile than bitcoin.

Many gold investors are now much inclined towards bitcoin for massive profits. I will also not like to make payments with bitcoin.
Raj0621
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January 16, 2018, 07:28:59 AM
 #855

I believe that right now, bitcoin is used as an asset, people are buying bitcoin and holding it in the hopes that its value will increase in the future, yes it is wise as we have seen in the last couple of years, bitcoin value have increase multiple times,the only problem with that, is bitcoin is now designed to be held, bitcoin is a currency and it is designed to flow.
Kisanaq
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January 16, 2018, 07:34:57 AM
 #856

I think bitcoin is more accurately said to be an asset, this is because bitcoin values continue to increase and make bitcoin very valuable, if it says the currency then bitcoin must be legally accepted by various countries.
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January 16, 2018, 07:46:35 AM
 #857

It is a currency, but when you trade it, it becomes an asset
danggoron
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January 16, 2018, 10:46:20 AM
 #858

Some views shifted. Bitcoin can be used as a means of payment, but is now ineffective because the fees are too high and the confirmation time is long enough. I do not think anyone will be willing to use the bitcoin just to buy food. So bitcoin is more effective for commodities and high-priced assets. It is suitable for investment, but must be prepared with all the risks.

rakkhusi
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January 18, 2018, 01:02:52 PM
 #859

Many people see it in many ways. Online currency, asset I think it's both. Because we both get it and use it and do it.

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January 22, 2018, 08:06:14 AM
 #860

It depend on your point of view, yes it is a currency a digital currency to be appropriate but it can be also your asset. It is a currency since it can be trade to other currencies, like usd, php, other altcoins and vice versa. And we all know that holding a Bitcoin is effective way or profiting when it comes to a long term investment. Like all assets, the price increase and its value also increase as the time goes by that why Bitcoin can be a asset.

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