Bitcoin become an asset

[South Park]

really what you say but with very high bitcoin prices a lot of people want to make it as an asset and also hope that the higher the price to make a profit.

It seems you do not see the current Bitcoin price, the price is going down every day and maybe it will get worse for the next few days.

The price of bitcoin is still very high, the only ones that do not think that are those that invested in bitcoin in December and that bought above 10k, but for the rest of us this price is still very profitable and in the case the price decreases in the next days then that will be good news for all of those that understand very well the price will recover in the future.

[tanjiran]

snip

It seems you do not see the current Bitcoin price, the price is going down every day and maybe it will get worse for the next few days.

The price of bitcoin is still very high, the only ones that do not think that are those that invested in bitcoin in December and that bought above 10k, but for the rest of us this price is still very profitable and in the case the price decreases in the next days then that will be good news for all of those that understand very well the price will recover in the future.

You are right, when compared to bitcoin prices in previous years, the current price is still quite high. Thus, it is true that bitcoin is suitable for asset use, since its function as a means of payment has not been effective so far.

[jcarlo]

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 am believe its more good for bitcoin if bitcoin considered as assets. If bitcoin considered as currency, many country will oppose it. If bitcoin as an asset, its like a gold or silver and its like investment.

[Jack_Sin]

I think of bitcoin as an asset, because every bitcoin purchase they consider it to be a very profitable asset and although bitcoin drops probably in July there is a significant increase

[htsz_da12]

The price of BTC fluctuates a lot, and it is very risky as an asset, so I only use it as an investment product.

[OnceTwiceThird]

Bitcoin is an asset for our investment and became one way what will happen to us, became rich person by bitcoin investment or became cheaper by investment on bitcoin because price was down. Actually bitcoin became great an asset than we have buy or collected property for future investment. Bitcoin will be better asset because have unique price day by day and we can reached more profit than we buy or invest on property investment. There are not highest and great moving price by invest on property.

[FlightyPouch]

The price of BTC fluctuates a lot, and it is very risky as an asset, so I only use it as an investment product.

That is obvious since Bitcoin is a decentralized crypto currency, no one controls the price of it and it is the same as other crypto currencies. As an asset, it is really risky the reason I suggest you just take them as an investment instead of being an asset. If I will be asked what are the good assets, I guess that will be the common assets in the market which is Gold.

[Duogembrot]

yes you are right bitcoin can be a very good asset and very suitable if used as a place for long-term investments because with bitcoin that has digital properties in the future bitcoin can be very useful and bitcoin prices will rise.

[mmo4me.2016]

Bitcoin will become a property when it is held by many people and organizations! The value of bitcoin is too strong to change. Must have stability!

[audreyking.king]

If you see bitcoin as an investment like shares, and also we trade if smart to choose a good coin, Bitcoin be the asset of me

[hogriderr]

Bitcoin is precisely another asset such as gold does not bring in income that you must sell to realize any value. And, like gold bitcoins and other currencies can be transferred peer-to-peer and bitcoin are also assets in the future.

[athanz88]

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 serves as currency, asset, investment, etc. For now, it is more suitable for bitcoin to be an investment or an asset. It is because of many reasons such as, lacking support from all countries in this world, transfer time that is not instantly, etc. So, to make bitcoin become more of an currency, bitcoin need to fis that problems, which is not an easy task.

[South Park]

Bitcoin is precisely another asset such as gold does not bring in income that you must sell to realize any value. And, like gold bitcoins and other currencies can be transferred peer-to-peer and bitcoin are also assets in the future.

No, gold is a commodity and when made in the shape of coins it becomes money, bitcoin can be an asset but its main function is as money and that is where most of its value comes from, if bitcoin was not a form of money the government could not confiscate and that has a limited of coins then bitcoin will have not value at all the same way most digital files have no value.

[eliek18]

it is an asset even though price fluctuates alot

[rowan.thomas]

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

[jojohamasa]

The news in its entirety is good
Because the government admitted bitcoin
Talk about a bitcoin it is  asset or a coin ?
This will change in the future with practice as I think

[vonnyaries]

maybe be an asset is for a while, we can see that bticoin is not become a currency because many things, like the method of payment is slow and hard to use, legalized of many country, i think if it resolved i think we can use bitcoin with full feature and easy to use as currency in the public and also can be the asset

[kevintrang]

Bitcoin is an invisible asset of yours, it always is. It does not exist in the possession that it exists in your computer hard drive, you should be careful with your assets.

[DoublerHunter]

maybe be an asset is for a while, we can see that bticoin is not become a currency because many things, like the method of payment is slow and hard to use, legalized of many country, i think if it resolved i think we can use bitcoin with full feature and easy to use as currency in the public and also can be the asset

Bitcoin is not designed as a currency and satoshi nakamoto created bitcoin because he want to help the other people to avoid getting a lot of devaluation for their money and promotes deflation through bitcoin because of its fixed supply, the price of bitcoin will go up in the future and soon enough it will cost a lot of money for just 1 bitcoin.

[Underlord]

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