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Author Topic: Bitcoin become an asset  (Read 6563 times)
kidd07
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August 14, 2018, 05:10:35 AM
 #1381

in this case I also think that bitcoin is an asset, but even though I think bitcoin is an asset but bitcoin can also be used as a digital currency that can be used to make transactions ...
maybe it's better for bitcoin to be created to be an asset as well as a digital currency to make transactions ...
Definitely, because like any asset bitcoin is like gold that can be keep as its price gets high and low.  You can sell your bitcoin in case of emergency and when the price go high. Bitcoin can help a lot when you need money for any purposes.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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turenkopolina1992
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August 14, 2018, 05:19:17 AM
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 #1382

Bitcoin is considered as an asset since a long time from most bitcoiners around the world. It is also a currency but the usability of BTC as a payment method is really limited either online or offline, and people still buy Bitcoin for trading or holding purposes mainly.
rajkr
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August 14, 2018, 05:23:33 AM
 #1383

The main purpose of BTC was to be used as currency but in this direction it could not be much successful.Now people are taking it as assets but after few years it will be acceptable as a currency too.
gaj ahmada
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August 14, 2018, 05:51:53 AM
 #1384

in my country bitcoin can only be used as an asset, bitcoin is prohibited from being used as a currency for payment transactions
in my country there are no regulations that legalize bitcoin but are allowed to be made investments like gold
I hope the legalization of government so that bitcoin is not considered illegal
Hudadahuda2018
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August 14, 2018, 05:56:06 AM
 #1385

Bitcoin is my asset. Bitcoin is crypto currency. Day by day it's popularly. Most people earning bitcoin from world wide.Day by day it's value increase.Bitcoin earning is my future assets.My part time income source of bitcoin earning.It's earning economic benefit of my future.So I there for I think it's my asset.
The more bitcoin is becoming more popular even bitcoin is soon famous in the world by seeing the popularity of bitcoin is getting better, therefore many people will use bitcoin as their main source of income for their lives, even though many say bitcoin is a valuable asset because they help their economy to reach the future.
kptn.sgt
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August 14, 2018, 06:11:37 AM
 #1386

Yes, I treat bitcoin as an asset. An essential one.
Pinoyfan
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August 14, 2018, 06:12:16 AM
 #1387

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

i think bitcoin is both an asset and a currency. What some people who see it merely as digital gold are failing to take into account is that once the Lightning Network is fully rolled out, microtransactions with bitcoin will once again be possible.
Maruf Nazir
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August 14, 2018, 07:14:20 AM
 #1388

Yes, of course, Bitcoin is the property, because Bitcoin is worth the time when demand in the market. Those who had Bitcoin's market value down, kept Bitcoin deposited with it until next time until it increased its value. And Bitcoin is now being used in different ways in the market so they can use it, and if it wants to sell it. So we can say Bitcoin resources.
dominional
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August 14, 2018, 07:19:17 AM
 #1389

Bitcoin is an asset for the people that can look into the future to know what tomorrow  owns for us.  The future is highly demanding more than what we can think or imagine.  Asset is the future.

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ZwodderLucas
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August 14, 2018, 07:20:56 AM
 #1390

its a commodified asset that can be used as a currency. how bow dah
indoagung88
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August 14, 2018, 07:55:52 AM
 #1391

BTC should indeed be a currency, but until now BTC still tends to be used as a digital asset and decentralized. only a small portion can be used for transactions. I think many countries forbid BTC from being one of the reasons. even so I think BTC can be said to be successful. because it has become a useful technology.

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ChaChaiTL
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August 14, 2018, 07:59:48 AM
 #1392

Of course if you use your property as money or gold to buy bitcoin then your own bitcoin is owned and you will get bitcoin it as your property.Bitcoin become an asset
excolony
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August 14, 2018, 08:05:30 AM
 #1393

Yeah, not only Bitcoin. There are many coins out there
reality18
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August 14, 2018, 08:06:25 AM
 #1394

Bitcoin has all the capabilities and potentials of an asset and a currency. A holder of Bitcoin chooses what to do with it, either to trade with it as a form of currency or to hold it as a form of asset.
rtm125
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August 14, 2018, 02:00:44 PM
 #1395

Of course it would be great to use bitcoin as a full-fledged currency, but in my country it is impossible, I hope temporarily. So now I actively use bitcoin and other cryptocurrencies as a very profitable investment.

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rubynails
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August 14, 2018, 02:03:09 PM
 #1396

It depends to the situation and your perspective. Bitcoin can be your asset if you are knowledgable how to manage your tradings. It called asset because sometimes we hold our bitcoin to gain more profit.
Slayer21
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August 14, 2018, 02:11:20 PM
 #1397

Yes , bitcoin is a money transfer system that is a great asset. Bitcoin is hard to use. But this is a basic method of exchange in cryptocurrency. bitcoin is a concern for investors.
hacsoi2799
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August 14, 2018, 02:25:11 PM
 #1398

Bitcoin is an asset and now we can not even call it currency because currency is accepted everywhere but bitcoin is not. As you know, bitcoin is strictly prohibited by some countries.
Majharul Saiif
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August 14, 2018, 02:29:47 PM
 #1399

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

 I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

Well,its a good things. I also agree with you that if Bitcoin legalize then we will get more investor. In my opinion,Bitcoin is an asset also besides currency.We know its totally based on online and world's first crypto-currency. Its price is higher than all other currency. If you hold this then it can be an asset for you

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kenzruiz
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August 14, 2018, 02:35:32 PM
 #1400

personally i think bitcoin is an assets,when ever bitcoin is a currency, but bitcoin currency is very strong currency so we can say bitcoin is a currency and big an asset.
Because of the popularity of bitcion, many users have use it for income to earn money and to earn profit. You just need to understand the cryptocurrency.
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