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Author Topic: Bitcoin become an asset  (Read 6621 times)
nyerok
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June 26, 2018, 05:46:54 AM
 #501

From my thoughts i think bitcoin is a currency, asset, investment, etc , but now bitcoin is more suitable to be an investment or an asset. And bitcoin currency is very strong currency so we can say bitcoin is a currency and big an asset
genuin
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June 26, 2018, 05:48:23 AM
 #502

I think what south korea is actually just admitting that bitcoin is the digital currency.
only south korea in writing recognizes in the form of an asset.
But here I am strictly speaking that currency is one of the means of exchange, and bitcoin is in it
supandi wiharja
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June 26, 2018, 06:05:06 AM
 #503

I think a lot of people already think bitcoin is a future asset, they even keep bitcoin in 3-5 years, because they believe that bitcoin price every year will surely increase.
Therefore bitcoin has become an asset to be maintained and its existence can make a person's life financially better thanks to the investment and trade of bitcoin.

romero121
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June 26, 2018, 06:10:00 AM
 #504

Bitcoin with its potential has termed to be the asset, value storage token, transaction medium and various other forms. This is all because of the technology as well the increasing usage of bitcoin and other cryptocurrencies. Some countries have added bitcoin to the list of commodities terming it an asset for the taxation purpose.

vachellie
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June 26, 2018, 06:15:12 AM
 #505

Personally i agree bitcoin become asset, because bitcoin prices fluctuation a lot make it better to become asset than currency i think. But yeah main purpose creating bitcoin is for currency
Nyenyepogi
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June 26, 2018, 06:15:55 AM
 #506

In countries where bitcoin is recognized as a digital asset,Bitcoin has somewhat become an asset due to its ability to generate great profit.
I agree as long as it can generate a profit bitcoin can be called as an assets and I hope in the near future bitcoin will recognize as one of the global currency and I think it will going to happen because many people believe in this technology and bitcoin is very strong currency.
playboy654
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June 26, 2018, 06:20:33 AM
 #507

In countries where bitcoin is recognized as a digital asset,Bitcoin has somewhat become an asset due to its ability to generate great profit.

Dare you say that bitcoin will not be known for many other people who will not interested in cryptocurrency investment so they don't line cryptocurrency will be not matter for us we need to make the stability in cryptocurrencies it will very important in this situation for my opinion.

market-beta
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June 26, 2018, 06:21:08 AM
 #508

not just a gan asset. but can change one's economic life to be better and stable. proof that bitcoin is very valuable that many people are hunting bitcon. even many people are stealing bitcoin
Ad Baculum
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June 26, 2018, 06:50:24 AM
 #509

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.


Bitcoin right now tends to move as an asset more frequently. As it creates jobs right now in this industry, I still hope that it can still function as a currency in the future. It is still limited where you can spend bitcoin on but many establishments are already considering to accept them. The approval of government has a large impact on this so we can wait to see what will happen next.

panovnu
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June 26, 2018, 06:53:47 AM
 #510

Even asset can be valuable and it being treated as an asset is also real use in my opinion. I think that crypto is still in early phase and we will see it evolving with time.
sikami
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June 26, 2018, 07:10:25 AM
 #511


Just like what you think
Bitcoin is better suited to be an investment or an asset. And bitcoin is a very strong currency so we can say that bitcoin is a great currency and asset
Bugsbey
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June 26, 2018, 07:14:18 AM
 #512

I still think bitcoin is an asset, and it's hard to call it currency.
Because currency is going to be widely used, and bitcoin is hard to use on a large scale right now, I expect the lightning network to change everything.
Bitcoin is an asset. It is used for investment and you can store it even for a longer period of time. And it is a currency too because others are using it in exchange of goods or services.
millionaireshs
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June 26, 2018, 07:15:35 AM
 #513

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 it is also a type of assets because if  we want to have fund to buy something like car of course we sell our volume of stock or Bitcoin to have financial right? this is dual purpose it is a currency at the same time this is an asset.
tri lie
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June 26, 2018, 07:28:49 AM
 #514

At first it is a bitcoin only limited assets and commodities and then become much developed and enabled for the means of payment. Maybe the government can not accept the presence of bitcoin as a currency, but at least I think it's not a crucial issue that bitcoin as an asset and a commodity. The government should be able to accept this.
vorobev
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June 26, 2018, 07:29:51 AM
 #515

Assets are actually more precious these days and as the price of bitcoin rises, it will be accumulating in hands of rich only. If you have some bitcoins, just hold it for some years.
RasicaOla12
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June 26, 2018, 07:55:59 AM
 #516

You may consider bitcoin as part of your property because you have left the currency to buy them, they are of course your property because you have currency swaps to keep them.
Mio talama
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June 26, 2018, 08:44:02 AM
 #517

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.
nurfidacicin2030
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June 26, 2018, 08:49:43 AM
 #518

Bitcoin currency is one currency into an asset. This is the first coin to rise to cosmic prices rather than giving a boost to its development in the crypto currency market. Even when the price drops, it will still be the most important thing.
PeRo
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June 26, 2018, 08:56:40 AM
 #519

I also look at Bitcoin as a currency, and it is made to be a currency. It does have volatile price which makes it an asset, but would they consider euro or dollar as an asset if it had volatile price? Probably not. An asset can only be bought and sold but Bitcoin can be used to buy and sell so it defines it as a currency.

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Ikbal Naiem
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June 26, 2018, 09:18:35 AM
 #520

Yes, I think bitcoin is asset .We know that bitcoin is strong currency .By invest and hold any can easily earn abundant profit .so bitcoin is asset.
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