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Author Topic: Bitcoin become an asset  (Read 6002 times)
rdelaney88
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June 14, 2018, 09:43:18 PM
 #181

It will definitely be used as a store of value as it is the largest trading pair. It is also the most recognized cryptocurrency, so for now (and probably a while to come) it will remain king
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June 14, 2018, 09:49:53 PM
 #182

It will definitely be used as a store of value as it is the largest trading pair. It is also the most recognized cryptocurrency, so for now (and probably a while to come) it will remain king
can not be denied that bitcoin is the best digital currency and has a very good market share today. so bitcoin is undoubtedly a very important asset and has excellent selling points. now bitcoin is becoming the most widely used investment. ease and also flexibility makes many people start glancing bitcoin. bitcoin is a revolutionary in the financial system and we must continue to support it in order to strengthen the bitcoin in the world's financial system.

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June 15, 2018, 12:46:34 AM
 #183

I agree bitcoin can become a kind of asset.
As of now, many people has considered it as speculation asset.

It is not correct situation and actions. It should be improved and the coins should be used as actual currency for buying or purchasing anything.
I hope it could be done in the near future and it will be dealt with as proper asset and currency.

But, it is expected for many altcoins to disappear if it is not used as exchange currency.

 
xandiel01
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June 15, 2018, 01:57:57 AM
 #184

We all know that bitcoin is a currency and we can say that it is an asset because it has its own value, my interpretation regarding this matter is that if someone has a value that like this i think we can say that it is also an asset, although we all know that this is currency, but it has no personal appearance.

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Farrahyap27
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June 15, 2018, 02:04:39 AM
 #185

For me, I consider  Bitcoin as valuable thing or an asset to people for they want Bitcoin. For lile any other currency, Bitcoin follows the rules of aupply and demand of the economy. This helps people to make trade easier, enabling holders to convert goods into a widely tradable commodity through the business sale and then it uses to purchase nearly anything they wish to have. The most important thing that makes Bitcoin valuable is that, Bitcoin is different from the other. It has its own capabilities to people's want, it shows its uniqueness to people.
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June 15, 2018, 02:22:43 AM
 #186

After substantially improving the efficiency of bitcoin trading, bitcoin can become a currency in the full sense.
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June 15, 2018, 02:31:09 AM
 #187

We all know that bitcoin is a currency and we can say that it is an asset because it has its own value, my interpretation regarding this matter is that if someone has a value that like this i think we can say that it is also an asset, although we all know that this is currency, but it has no personal appearance.

bitcoin and other cryptocurrency are both currency and an asset at the same time because they can be used for buying selling and also for investing/trading but most people are only using thier bitcoin as an asset becuase they already think that bitcoin as a currency is a bad idea due to the reasons that bitcoin is somehow slow when  it comes to online transactions , plus the fees on using a bitcoin is also expensive compared to other cryptos.

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although we all know that this is currency, but it has no personal appearance.

yes of course , we already know that this is a currency because they are called crypto currency or digital currency. it has no personal or physical appeearance because as what ive said earlier , they are only digital.

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June 15, 2018, 02:46:38 AM
 #188

Yes bitcoin nowadays considered as an asses because it has a market value or it could be exchange to a fiat money. THis is why some of the people or investors known about bitcoin had considered bitcoin as an asset. Even the likes of me had considered it also. Aside from that bitcoin could also be considered as a savings that definitely buying bitcoin is a means of it. A good kind of savings that one day you will be able to get a good increase on it if it is being done in a nice and strategic way.

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BulbaLord
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June 15, 2018, 02:59:29 AM
 #189

In my opinion Yes I agree bitcoin is an asset. consider  Bitcoin as valuable thing or an asset to people for they want Bitcoin. And we can call this as virtual  currency.

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June 15, 2018, 03:04:25 AM
 #190

Bitcoin has already outshined GOLD in terms of asset. It can prove to.be very beneficial for the countries.
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June 15, 2018, 06:19:51 PM
 #191

I think bitcoin is a much needed asset when bitcoin is a currency but bitcoin currency is a very strong currency so I consider bitcoin a very valuable asset
BlueMoonLight
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June 15, 2018, 06:29:11 PM
 #192

Bitcoin have the potential t o be one of the assets. It is valuable. No one can denied that bitcoin is the all time high of value. The price is far beyond altcoins.
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June 15, 2018, 06:33:37 PM
 #193

the price of 1BTC is so valuable and it only takes a long process so that it can be sold from this rising price.

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June 15, 2018, 06:36:52 PM
 #194

Bitcoin have the potential t o be one of the assets. It is valuable. No one can denied that bitcoin is the all time high of value. The price is far beyond altcoins.
I think that Bitcoin can be one of the assets in the future, It has a very good value also a lot of people around the world support it and use it daily. As we see over the years, bitcoin price is always increasing, I am sure in the upcoming years bitcoin can will be at the top of all currencies around the world..
Giftedcrypt
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June 15, 2018, 08:25:55 PM
 #195

As for me,bitcoin is an asset, I have almost converted my investments into crypto currency particularly bitcoin,and am confident and not scared..
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June 15, 2018, 08:51:38 PM
 #196

I think bitcoin is designed to as a currency. But people are attracted to bitcoin due to smart return from it. They like to use it as an investment platform. That means they consider it as an asset. The Korean government also think so. I think with the passage of time this idea will be disappeared. Because I believe, sooner or later the volatility will reduced an the price of bitcoin will be stable. Then it will wear all characteristics of a currency. But volatility helps bitcoin to become popular, I think.
Due its volatility... Bitcoin hardly accepted, used as a currency. That's why there a lot more people prefer to recognize crypto as an asset rather than a currency . You can't expect something that gained 10,000 x within 10 years as a currency. That's reasonable enough for them to treat it like that.

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June 15, 2018, 09:00:26 PM
 #197

Bitcoin is already an asset. We know that bitcoin can be counted as our wealth. Which we can say that this belong to us. Bitcoin could also be a form of investment or even a form of currency.
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June 15, 2018, 09:17:01 PM
 #198

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.

but I see is the opposite, Bitcoin is indeed an asset. whether bitcoin as a means of payment for a good or service.? it's still very small, maybe only 10% of the total transaction of crypto currency trading. Moreover, bitcoin functions as a digital asset. because the price is very volatile. and most people buy bitcoins to be kept as long-term investments, not for payment transactions or funds transfers. look at the current condition. it's like gold and other commodities.


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qwerty12
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June 15, 2018, 09:40:10 PM
 #199

I personally do not mind if bitcoin is considered an asset, that's normal, because, Growth of Bitcoin value against fiat currency or official currency issued a country can be said to be very fantastic.

Regulators and economists say Bitcoin is not suitable to be used as a means of exchange or money, because the change in value on the rise and fall has a huge difference. they say, "Stability of Value" is one of the absolute conditions that money must have as a means of exchange not owned by Bitcoin.

And right now, I see a lot of people vying to collect bitcoin and hope to benefit from the difference in bitcoin price increase in the future, in other words, bitcoin holders already consider bitcoin an asset, yes, a very valuable asset.
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June 15, 2018, 09:46:43 PM
 #200

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.
What an excellent post. Doesn't make any sense, but hey, who cares!?
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