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Author Topic: Is Bitcoin a currency or asset?  (Read 12723 times)
amaha cris
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April 13, 2018, 08:47:39 AM
 #1141

Asset is something your giving importance and gives an equivalent value of a currency.  It was just like you're owning a land, the land is your asset if you sell the land it has the equivalent currency. It was the same in bitcoin, bitcoin  has a varying value just like the value of a land time takes it's price.
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April 13, 2018, 11:23:47 AM
 #1142

To my own view. Bitcoin is a currency and it is also an asset. Cos, if someone have bought BTC when the price is at 3usd and now he is ready to sell. He will make a good profit.
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April 13, 2018, 11:29:27 AM
 #1143

Actualy bitcoin is a currency but because of the supply and demand the price goes up and down so also we say that bitcoin also is a form of asset because when you are holding your bitcoin and dont sell it for a long time you can also earn it.
I agree with you that bitcoin is a currency but can also be an asset, right now a lot of people is keeping there bitcoin as an asset because we can able to get money eth bitcoin, but i am sure that in the future all people in this wolrd wll used bitcoin as a currency.

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GamblingPurveyor
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April 14, 2018, 03:36:28 AM
 #1144

I don't know why some persons try to separate crypto currency from crypto assets,  bitcoin or other crypto assets are called digital assets. There is no difference between crypto currency and crypto asset. Crypto assets is just referred to all the coins or token which you own in your wallet,  especially those one that has value.
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April 14, 2018, 03:40:27 AM
 #1145

For me, money and assets are the same. Bitcoin is very valuable and has stored value because many people retain it for their future value.
hrz
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April 14, 2018, 04:03:00 AM
 #1146

bitcoin I think more to the asset, to be real-world currencies bitcoin takes a lot of process, if for assets more suitable.
Beldon
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April 14, 2018, 04:12:40 AM
 #1147

If I think Bitcoin can be used as currency and also as an investment asset. Basically, Bitcoin is a digital currency that only exists in online and just in the form of numbers. Bitcoin is used as an online transaction tool. But on the other hand Bitcoin very profitable if used as an investment asset is certainly very suitable. I think there is nothing wrong if Bitcoin be used as the currency of the world someday.

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Ronyx
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April 14, 2018, 04:17:33 AM
 #1148

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

For me bitcoin is a very valuable asset. It's basically a bitcoin created as a digital currency, but since bitcoin values continue to increase with time, bitcoin can be called an asset.

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April 14, 2018, 04:24:15 AM
 #1149

a currency is considered an asset , and appears on any balance sheet as a current asset so im not sure what your asking exactly. bitcoins will definitely add some "kick" to your financial portfolio.

toop548
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April 14, 2018, 04:43:02 AM
 #1150

For me, money and assets are the same. They all have stored value. The difference is that Bitcoin has room for appreciation. It can bring us more money.
pelipurlara
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April 14, 2018, 05:17:26 AM
 #1151

Bitcoun is a currency and asset.Bitcoin is called a digital currency and asset but is not a money.Bitcoun has been invented for making the process of paymment easier. Bitcoin ramains as currency or asset.

You can call it bitcoin as an asset, which you can sell if you need immediate cash. And bitcoin can actually also serve as a digital currency if you are going to use as a buying and selling transaction
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April 14, 2018, 05:18:15 AM
 #1152

a currency is considered an asset , and appears on any balance sheet as a current asset so im not sure what your asking exactly. bitcoins will definitely add some "kick" to your financial portfolio.

You will just have to hope that kick is not a kick in the butt.  Grin My financial portfolio gets that kick in the butt, every beginning of the year. The Bitcoin price gets a nose dive, with a drop of over 50% and everything in my financial portfolio turns "red"

I have to say, last year was one of the biggest boost I have ever had. The 800%+ profit was really a game changer for my financial portfolio. I hope we might see some more of that, this year.   Roll Eyes

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CryPtoEnGanGe
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April 14, 2018, 05:20:19 AM
 #1153

It depends on the purpose of many people. It can be considered an asset when many people buy it to hoard. It is also considered a currency when used for payment
SirEGB
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April 14, 2018, 05:22:06 AM
 #1154

For me, bitcoin is the currency and also the asset. because some people have sold their property to invest in bitcoin. It will carry the same meaning as property. Depends on the perception of each person. And bitcoin is very important in keeping and securing. All information about online wallets is risky and can evaporate at any time.
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April 14, 2018, 05:24:06 AM
 #1155

For the sake of the records, bitcoin is both a currency and an asset much the same way as Gold or Crude. The Major difference between them and bitcoin is that Bitcoin is virtual while they are tangible.

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April 14, 2018, 05:51:12 AM
 #1156

I think bitcoin is a currency and also an asset because with bitcoin we can buy something and we make bitcoin as an asset for the future because bitcoin is very profitable
ereme
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April 14, 2018, 05:54:36 AM
 #1157

I think we can call it both a currency and an asset . This is because it can be used for online purchases and also its value rises with time.
Brangos99
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April 14, 2018, 06:16:28 AM
 #1158

In my country bitcoin is more appropriately called an investment asset in digital form or is called a digital asset, at any time the use of bitcoin does not replace the currency recognized as the payment system in my country. But for me bitcoin is the digital currency.
siddu1
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April 14, 2018, 06:20:37 AM
 #1159

Bitcoin is both of them.from one side bitcoin is a cryptocurrency, from the other side Bitcoin is an asset too. actually Bitcoin is the most valuable currency and we can get the huge amount of profits through this investmentm. that's why I think Bitcoin is a currency as well as an asset.
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April 14, 2018, 06:29:33 AM
 #1160

Well, to me, I see bitcoin as a store of value. And if we look at it very well, both currency (money) and asset have a common feature which is THEY ARE STORE FOR VALUE. With that, bitcoin is both currency and asset to me.
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