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Author Topic: What Type Of Asset Do You Think Bitcoin Is?  (Read 215 times)
novogum
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March 22, 2018, 11:18:01 AM
 #21

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?

It is unlikely that bitcoin will be able to pay for coffee in the future. But bitcoin is best suited for backing up funds and building them up.
Kayla noil
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March 22, 2018, 11:20:30 AM
 #22

Well !!Bitcoin, as a means of payment, has its drawbacks: low throughput and a constantly growing commission for transactions. Bitcoin is still perceived as a special class of assets. The essence of bitcoin is an alternative means of payment. Naturally, if this function suddenly ceases to exist, then the question of the fundamental cost of bitcoin will arise.  Smiley Smiley
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March 22, 2018, 11:26:04 AM
 #23

Bitcoin is a valuable digital currency asset in which we still don't know yet how far the price value will go further. Considering you had hold your btc investment for quite sometime and after several years later btc has gone up way ahead beyond our expectation let's say this will go as high as $50K  then you will definitely be very lucky to earn unexpected return of investment. Though this sound like a hype but the possibility of attaining such level is not impossible to achieve for as long as many people are with bitcoin, no doubt for such a hype speculation to happen.
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March 22, 2018, 12:52:08 PM
 #24

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?
I would say that Bitcoin has all these aspects. Bitcoin is a commodity, Bitcoin is a currency and Bitcoin is a new financial system that has security. For me Bitcoin is a system and also a very good currency, Ease and security to be the thing that I most interested. Besides that we can also use Bitcoin as a promising investment, Many opportunities that we can use because the world of digital currency is very large . Now I invest in a lot of things in Bitcoin world, I start by doing hold Bitcoin and altcoin with good prospects, I invest in an ICO project and I also do Trading every day. I feel comfortable because I can do home, personally I say that Bitcoin has changed my life for the better. The thing that changed me the most was that I resign from my work in the real world, and chose to focus on working in the Bitcoin world. Look what I get, I can get what I want and I can also achieve my dream. It is the most beautiful thing and I can live happily with my family.
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March 22, 2018, 04:03:13 PM
 #25

bitcoin is a tradable digital currency crypto, the price is always changing, so people save their money in bitcoin for profit, so in my view bitcoin is more likely to be a digital asset than currency that serves as a medium of exchange, because in addition to transaction costs expensive and time consuming, bitcoin has not been officially licensed by all countries as a medium of exchange.
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March 22, 2018, 04:15:55 PM
 #26

It's a virtual asset which can be dissapear at any time.
Bitcoin is risky, that's why it makes a lot of profit.
more risk more profit.
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March 22, 2018, 04:18:47 PM
 #27

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?
It's clear for us, who understand the technology and applications of it, that Bitcoin is a currency. However, for many investors in the world, Bitcoin is seen as a commodity.
For me, Bitcoin is much more than that, since a commodity, in general, doesn't give you the possibility of buying goods and services with it.

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March 22, 2018, 04:20:29 PM
 #28

My opinion is that bitcoin is an independent currency. But now she is on the stage of its inception. At the junction of Fiat and bitcoin, many speculators use the uncertainty of status for their own enrichment. I think that in the future bitcoin will lose value because it will leave speculative capital but it will become a real currency and we will not need Fiat.

 
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Owl_Fintech
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March 22, 2018, 04:22:59 PM
 #29

It's a virtual asset which can be dissapear at any time.
Bitcoin is risky, that's why it makes a lot of profit.
more risk more profit.
How can it disappear. AFAIK, Bitcoin is the most, and maybe the only, scarce digital asset in the planet. It means that it can neither be created nor destroyed.

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Kray
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March 30, 2018, 05:57:00 PM
 #30

Bitcoin is created as a tool of exchange and will still be the tool of exchange even though it can also be used as an investment tool.
It depends on the use of Bitcoin. Some people use it for payment. It is used as a digital resource. It will be a gold coin in the future. And used for transactions. In my opinion, it is an asset which is used for investment.
It depends upon the usage of bitcoin. If the people using the bitcoin is for payment then it will goes to a peer to peer network and if the bitcoin used as storage then it will becomes a digital asset.
I see quite similarities here, either the user ALI AKBAR who copied the sentence of Jlimao28 or they are actually the same person
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March 30, 2018, 06:08:52 PM
 #31

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?
Bitcoin is a new form of investment,
like gold it can be traded and become an exchange tool in the past, but also has a very good security and protection. Bitcoin is a revolution of finance and economics, even the bank officials and world financial institutions are anxious and being focus about it. Bitcoin is also a path that leads people to get rich and have business, thus helping the world’s economy.
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March 30, 2018, 06:18:11 PM
 #32

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?

Bitcoin is the opening route of cryptocurrency revolution, transformation, and we are in it. Whatever great things we will face in the future, but the Bitcoin developers definitely did the best thing for Bitcoin survival, which I hope doesn’t siding on big corporate because Bitcoin is basically exists because of its solid community. Bitcoin created as a tool of exchange but in price rising fantastically, causing many people to speculate.

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March 30, 2018, 06:18:50 PM
 #33

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?
Bitcoin is a new form of investment,
like gold it can be traded and become an exchange tool in the past, but also has a very good security and protection. Bitcoin is a revolution of finance and economics, even the bank officials and world financial institutions are anxious and being focus about it. Bitcoin is also a path that leads people to get rich and have business, thus helping the world’s economy.

Yeah to say exactly digital gold. Now we may do the huge investment on bitcoin or altcoins mate. There we will find the more potential with the all cryptos so investment will give the returns in high number of fiat cash.

I take bitcoin as best investment with the big potential of returns than the bank's interest, gold and property. It is beyond every option.
Since it is being a anonymous and hasslefree transaction through out the world with the cheap amount as a fee, This is how I take and use the bitcoins.
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