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Author Topic: Bitcoin become an asset  (Read 6075 times)
PeRo
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June 26, 2018, 08:56:40 AM
 #521

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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June 26, 2018, 09:18:35 AM
 #522

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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June 26, 2018, 09:21:28 AM
 #523


   
   

Personally, i think bitcoin is currency and that can be used as asset, depend how you will used it, as currency you can buy and paying use bitcoin and if you want it as asset ,that easy just let bitcoin in your personal wallet in my opinion it is asset.
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June 26, 2018, 09:23:40 AM
 #524


Bitcoin is becoming greater and powerful in my opinion. But bitcoin is not a fixed asset for you or me. Bitcoin is considered as an ongoing asset resource. Because bitcoin has changed hands in a short time.
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June 26, 2018, 09:30:47 AM
 #525


I believe that bitcoin is an asset of the new time and in the future will become a means of payment for a large number of goods and services
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June 26, 2018, 09:31:08 AM
 #526

Currently,bitcoin is not used on large scale and even it is not trading in some important countries but one more thing,it is a strong currency but still it is an assest and we can't say this a fulfil currency.
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June 26, 2018, 10:36:32 AM
 #527

I think bitcoin can be a currency and also an asset because bitcoin can be used for investment where the investment is going to be our asset for the future because it will have a bigger and more profitable exchange rate
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June 26, 2018, 10:40:56 AM
 #528

I think bitcoin can be a currency and also an asset because bitcoin can be used for investment where the investment is going to be our asset for the future because it will have a bigger and more profitable exchange rate

Yes bitcoin is also consider as an asset since it has its own value and this is the only assets that the market value will not depreciate in many years of existing instead it will becomes more profitable.
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June 26, 2018, 03:02:10 PM
 #529

Yes i agree. BTC is a good asset for our future because when the price getting high we will sell it in a good price also.
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June 26, 2018, 03:40:51 PM
 #530

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 is designed to be the first decentralized digital currency in the world and can be used as payment through peer-to-peer network transactions without boundaries and intervention of regulatory bodies or a central bank of any countries but because of its value and the potential to rise again many people see it as an asset already rather than a currency. 
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June 26, 2018, 09:29:12 PM
 #531

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.


This has been observed for I think about since three years ago that bitcoin has more potential to become an asset than a currency. But we should still consider the fact that the number of industries accepting bitcoin as payment has also increased in this time. It is still has a long time to spend and we should wait now it will turn in the future. It can be both too.
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June 26, 2018, 10:41:47 PM
 #532

Till now bitcoin is considered as digital asset because it is not widely used for payments across the world.
Once bitcoin is adopted globally, it will be more likely to be used in international as well as in local markets.
Even if we consider bitcoin as asset then there is huge difference between real and digital asset, we can also use this digital asset for regular transactions.
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June 26, 2018, 10:49:14 PM
 #533

Bitcoin is much more close to asset. than currency.But currency or assets  are just the terms
Bitcoin is Bitcoin maybe stupid from my side but it is best term to describe bitcoin

And Bitcoin is already legend


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June 27, 2018, 07:42:02 PM
 #534

I personally agree with bitcoin is an asset now, but in the future I believe that bitcoin can be official currency in a whole country
Bitcoin does not need to become the official currency of any country what we need is the adoption of bitcoin all over the world and we do not need governments to do that, what we need is the people, we need they realize they have been deceived and that fiat currency is nothing more than a fraud the rich use to get even more money and privileges while everyone else suffers.



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June 27, 2018, 07:48:42 PM
 #535

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



I think Because the currency will be widely used, and bitcoin is hard to use on a large scale right now, I hope the lightning network can change everything.
I still think bitcoin is an asset, and it's hard to call it currency.
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June 28, 2018, 04:12:59 AM
 #536

In my opinion, no bitcoin problem becomes an asset. Because, for now. Bitcoin is still constrained by the speed of transactions to become currency.So depends on how you see bitcoin itself, you want it to be an investment or just for transaction it is up to you.
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June 28, 2018, 04:27:21 AM
 #537

 Cry
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June 28, 2018, 04:37:52 AM
 #538

I have kept a lot of big bitcoins and I will sell my bitcoin if I have any major danger.That's why I think each bitcoin has a wealth.Bitcoin is a currency and at the same time an assets in the sense that due to the volatile nature of bitcoin it tend to generate interest as the market keep growing and again when we hold bitcoin for a long time it become an assets which has the ability to double or even triple the amount we invested on it.Bitcoin is a digital currency that it nature is a peer to peer and does not involve third party.
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June 28, 2018, 04:41:06 AM
 #539

Bitcoin is better suited to be an asset than currency.I also prefer to make bitcoin an asset because it is far more profitable than using bitcoin for payment of goods or services.It is still remains as currency but it also can be considered as an asset because most of the people using it as trading material to make money but the property of bitcoin is currency which was found to be used over internet safely.
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June 28, 2018, 05:26:22 AM
 #540


It is still your property, I think this is an invisible property. This is also great news for bitcoin.
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