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Author Topic: Bitcoin become an asset  (Read 6619 times)
coromabur
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June 22, 2018, 03:24:24 PM
 #401

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.


Personally I think bitcoin is a digital currency that is used as an asset for most people because most people including me think bitcoin prices will be higher from year to year. If the bitcoin as a transaction tool may be only a few countries that already allow bitcoin as a transaction.
slightmoon
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June 22, 2018, 03:48:15 PM
 #402

Many people do not know about bitcoin aven that social media do not inform something about this to the common people that's why,it is not a fulfil currency we can call it assest only

candra raditya
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June 22, 2018, 03:55:32 PM
 #403

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.


Since bitcoin is not valid in a country, the population will use bitcoin as an asset, and if a country legalizes bitcoin then bitcoin will be more used as currency.

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Maveric99
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June 22, 2018, 03:57:08 PM
 #404

Please note that if someone has so much money in his savings then what he is looking for is not a steady income from his investment but investing his money is used as an asset where you can save your money and cause a bigger profit boom again. I am here too because I am afraid of the money I am saving to pay taxes that do not produce anything so huge in taxes annually.
bright4mech
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June 22, 2018, 03:59:16 PM
 #405

That is through talk, because bitcoin is a crypto currency that is highly appreciated from time to time either going up or down, as it is based on trading information. Therefore bitcoin is a digital money asset.
pernah ada
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June 22, 2018, 04:01:45 PM
 #406

it turns out this will be an exciting conversation, but for me bitcoin is where we earn income. that's my opinion.
inv_ker
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June 22, 2018, 04:09:03 PM
 #407

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.


Definitely a very big asset to all of us. Though it is just a digital money, we are still capable of earn more and more since a lot are into it now.
Phyton76
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June 22, 2018, 04:16:50 PM
 #408

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.


The essence of bitcoin’s anonimity and decentralization will be lost if that is the case. Bitcoin users prefer that their account in bitcoin is anonymous without an owner’s name but if you count it as an asset then the bitxoin address will be known and will be identified as owners. When bitcoin will count as an asset then you must pay a tax to the government which is totally not a characteristic of bitcoin.
jennygamilo
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June 22, 2018, 04:28:16 PM
 #409

Yes it is , but Bitcoin is an online investment , and currency also , but the difference is currency are wide use and easy but Bitcoin are not , you need to take a lots of time and patience for you to be able get or to earn the value you want to have .
drwhobox
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June 22, 2018, 04:45:39 PM
 #410

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 that's a GREAT NEWS for Bitcoin to gain more investors on the market of South Korea. I consider Bitcoin as an Asset. yes you can transfer it from peer to peer but the price is too volatile to be a currency.
Hans17
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June 22, 2018, 04:47:30 PM
 #411

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.

Personally for me it's more an asset too but then again its more of an alternative investment , bitcoin is so vast like an asset too , but then again positively its really a big asset for all of us.

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Etherlevis128
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June 22, 2018, 04:47:42 PM
 #412

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.


Yes bitcoin is an  asset.  Specially is bitcoin give u passive income. And thats my ultimate goal. I'm motivated from a friend that he is currently earn passive income in bitcoin and also his bread and butter. Doing fulltime anytime and anywhere with his fiance.
As we see the progress of it from day one we considers it as an asset. I compare bitcoin as an asset of gold. Bitcoin is gold, which should be stored on the wallet in the Hold. For example, in a special computer protected on a server in a Swiss Bank. Which has several degrees of protection. And I would compare Ethereum to silver as a precious metal. Imagine that 1 gram of metal is equal to 1 coin. That would be cool.
Abrefatotherescue
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June 22, 2018, 07:38:53 PM
 #413

I personally think it's an asset. Giving how it can be stable or gain profits or make losses with time, I think it definitely qualifies as an asset
missg23
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June 22, 2018, 09:28:23 PM
 #414

I personally think it's an asset. Giving how it can be stable or gain profits or make losses with time, I think it definitely qualifies as an asset

Bitcoin is an asset. Bitcoin provides investors income. I personally compare bitcoin to gold as bitcoin's value is very precious in the market.
keluuday491994
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June 22, 2018, 09:49:50 PM
 #415


I think it is not a regular!
yhancel20
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June 22, 2018, 10:06:21 PM
 #416

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 they refer bitcoin as an asset because it is legally traded on their market exchanges.when one currency is legally use in a country it is automatically became an asset because it is circulating in their market...we as a trader holding some coin or altcoin using a term in a world market or cryptocurrency market...
MrHertz
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June 22, 2018, 10:12:06 PM
 #417

To legalize bitcoin is very hard questioapn and decision. Because bitcoin can give opportunity to free earn money and don't work on government. But i agree, that if bitcoin become legal, we will have new investors in cryptocurrency. And that maybe will lead to big price.
Kez1817
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June 22, 2018, 10:13:09 PM
 #418

  Bitcoin is not just a digital currency but also know as digital asset because it is used for investment you can earn profit from this. You can use it not jut as payment online for something but you can use it to trade in order to earn more income. Bitcoin is like also a gold which is valuable asset even though gold is tangible while bitcoin is intangible. They are both valuable asset.

baho11
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June 22, 2018, 10:21:32 PM
 #419

It certainly has. Due to the continuous price increase and the 2017 surge, long time holders have opted to keep their Bitcoins for a long period. Bitcoin still has the potential to go further in value in the coming years. And so with this taken into consideration, Bitcoin has somewhat become an asset due to its ability to generate great profit.
cryptoghuti
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June 22, 2018, 10:32:00 PM
 #420

It certainly has. Due to the continuous price increase and the 2017 surge, long time holders have opted to keep their Bitcoins for a long period. Bitcoin still has the potential to go further in value in the coming years. And so with this taken into consideration, Bitcoin has somewhat become an asset due to its ability to generate great profit.

Exactly bro
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