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Author Topic: Is Bitcoin a currency or asset?  (Read 12795 times)
TiffanyLien23
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April 11, 2018, 07:04:35 AM
 #1081

I think bicoin is the currency which people have adapted to use as an investment and actually turned it into an asset. Only when you buy shares of companies they are provided with real assets, and bitcoin Finance is secured only by investors who can withdraw in one day. So all in all bitcoin can be a currency which can be used in digital and in many aspects.
valentine401
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April 11, 2018, 07:09:20 AM
 #1082

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 before when no one is really interested on investing in it because the price is very low in the market but no one really expected that the value of bitcoins in the market today will surpass $10k and most of the online stores are using bitcoins as payment for anything they want to purchase and we can call it now as a currency.
setialovers
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April 11, 2018, 07:11:00 AM
 #1083

Bitcoin I think is closer to digital assets than currency. This is evident from many regulations that prohibit direct transactions using  bitcoin. Maybe the high fluctuations that make it not qualified as currency.

Its hard and take a lot effort to make bitcoin as currency. I am prefer say that bitcoin is like digital asset like gold on real world. But if bitcoin as currency and payment for internet transaction, it could be happen because bitcoin right now already become popular in the world
JoshMart
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April 11, 2018, 07:11:20 AM
 #1084

For me Bitcoin is what you use it for, if you use it as a currency then it is a currency but if you use it as an asset for your investment then it is an asset. So it really depends on how the owner utilizes it. It can be any of it or both. Personally, I am using it for trading and investment so for me it is more of an asset, something that stores a great value.

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GsxR150
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April 11, 2018, 07:32:44 AM
 #1085

Bitcoin is not very suitable for use as a means of exchange of payment or money, because the change in value on the rise and fall has ahuge difference. Stability of value-one of the absolut conditions that money must have as means of exchange is not ownedby bitcoin. In addition, the increase in transaction file size and also the increase in the value of bitcoin equal to the increase or increase in the cost of transfer.
Koolerin
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April 11, 2018, 07:45:12 AM
 #1086

The current stage is assets and the future will be currency
Oxana19726897
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April 11, 2018, 06:13:57 PM
 #1087

For me Bitcoin is what you use it for, if you use it as a currency then it is a currency but if you use it as an asset for your investment then it is an asset. So it really depends on how the owner utilizes it. It can be any of it or both.
EEEian
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April 11, 2018, 06:18:00 PM
 #1088

Bitcoin is already changing finance,are you agree? Many people are afraid that Bitcoin adoption has begun to stagnate.In many ways, this is true.What these people often don’t take into account,though,is just how much Bitcoin has already grown from its humble beginnings as an obscure,fringe subculture just 5 years ago to a near household name today.
lelangsabun
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April 11, 2018, 06:19:22 PM
 #1089

i think right now bitcoin just prefered for people as asset, is not good to being a currency with the price are soo violated right now
hoping bitcoin can comeback to it real eco system as a currency like before
brightology
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April 11, 2018, 06:45:28 PM
 #1090

bitcoin is digital currency, which many people invest, and also trade on it. at the end of the day they still make profit and convert to paper money through the local bank transaction.
miraxgr
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April 11, 2018, 06:47:01 PM
 #1091

The currency of bitcoin will be in the case when they begin to pay everywhere for purchases in supermarkets, for fuel at the gas station and so on. But now absolutely everyone who invests in bitcoin, does it with one goal - to increase their capital. Therefore, at this stage, bitcoin is definitely an asset, and very good. It will definitely grow in the future.
rainezerr
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April 11, 2018, 06:47:26 PM
 #1092

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 believe that bitcoin is a currency since we can use bitcoin to purchase anything on the internet as long as there is a cryptocurrency payment method and there are also restaurants and hotels that are accepting bitcoins to be used if you want to avail their services.

Denigmatic
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April 11, 2018, 07:03:25 PM
 #1093

Bitcoin is primarily a currency that gives good dividends. Perhaps in the future the percentage of dividends will be lowered, but because of the increase in rates, the income in Fiat currency will grow, and this makes me very happy.
azisdoank
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April 11, 2018, 07:40:03 PM
 #1094

For me bitcoin is a currency but we are using it as an assets. in fact in present time bitcoin is not using as currency because of the lack of the facilities as still most of the shopkeepers are not accepting bitcoin for shopping because they do not know about bitcoin but in future we can expect that they will certainly start accepting bitcoin and then we will be using it as currency even in our local shops and bitcoin has been used as a payment especially online sites so I consider it as a currency and because of the increasing price of bitcoin it gives profit to the holders making it an asset too so for me bitcoin is a currency and at the same time an asset too
ikiscream
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April 11, 2018, 07:51:23 PM
 #1095

I think bitcoin is an asset, because we can not use it the way we use fiat currency.
It's mostly used for trading. That's why we consider it an asset that makes Bitcoin still very attractive, because when the Bitcoin price goes up a lot, the people who see Bitcoin as an asset are encouraged to sell,
MrRiuss
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April 11, 2018, 08:12:14 PM
 #1096

it depends on what is your point of view. some people will assume it as a currency, some will assume it as an asset, but also there are who assume it as a currency and as an asset
filiparoxo
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April 11, 2018, 08:21:50 PM
 #1097

For its an asset. Its like a treasure for me the longer i hold it the more value it gains. I will wait for few months or even a year before i withdraw my bitcoin.
cryptolet
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April 11, 2018, 09:08:15 PM
 #1098

In my own opinion i will say bitcoin is both a financial asset and a currency because it can be used in the future. It can also be used as a currency.
YaNinaMurmansk
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April 11, 2018, 09:19:49 PM
 #1099

Bitcoin, is attributed both to the currency and the asset. After all, his perception has already developed, like gold, which is not enough and it is mining. A currency, which, like everything falls, it rises.
ICBCOK
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April 11, 2018, 09:39:39 PM
 #1100

In my country, it's still a currency available only in online trusted sites. I'm waiting to all people use bitcoin worldwide so if you short of your local currency, you can buy stuff using bitcoin, it's cool right?
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