senin
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July 07, 2018, 03:48:32 AM |
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I think that while there is not much difference how it will be considered bitcoin - currency or asset. The main thing is that it has so far been legalized by the states. In the future, the state will clarify and change the classification of the crypto currency. We must agree that the crypto currency is very peculiar for monetary relations and its classification requires further clarification as it enters our life. Apparently, South Korea is not yet ready to recognize bitcoin as currency.
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setupbounds
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July 07, 2018, 07:09:46 AM |
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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.
It is a great news for Crypto user in Korea to have such benefits, and its a welcome opportunity for the new investors to come in, and participate into digital market trading. I am looking forward for another window of opportunity for other financial institution to follow thru after this great new from Korea. more possible investors will look into the possible investment. Beside, Bitcoin really is an asset, its only how you put in your investment into the market.its good for short term and long term investment, it is just a matter of taking care of your business investment. Bitcoin indeed is an asset, taking into account its high price , volatile rates and the mining process its more of an asset then currency, this is similar to gold or any precious metal, just the difference being metals are physical stuffs and bitcoins and other cryptos being digital assets. Since people are more interested in investing in cryptos more then using it as currency thus it can be said as bitcoin is more of an asset then regular currency.
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Usafstar
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July 07, 2018, 07:15:03 AM |
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Yes bitcoin is the asset in the present time and many people are loving it for the high value and we can be he part of the this modern world so we should keep bitcoin as intangible asset and soon it will be double its value.
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StarofBTC
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July 07, 2018, 07:39:42 AM |
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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.
The cost of mining doesn’t really matters if we are in profit at the end of the day, gold cant be mined sitting at home neither silver can be, but bitcoin is just setup and forget with a little maintenance once in a while, whatever be it the question being bitcoin is an asset or currency, I will say all of these cryptos including bitcoin and precious metals like silver and gold are more of investments then day to day currency and hence they are assets rather then currency.
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calabrianexceeded
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July 07, 2018, 08:02:40 AM |
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I still think bitcoin is an asset, when bitcoin is currency, but bitcoin currency is a very strong currency. a good opportunity for new investors to enter, and participate in the digital market trading. Bitcoin is really an asset, just how you put your investment into the market. It's good for short-term and long-term investments, it's just a matter of taking care of your business investment.
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Mariela
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July 07, 2018, 08:11:39 AM |
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Well I think it is same like a currency. Because we all know that bitcoin is very valuable and very profitable. So bitcoin is already an asset at the same time it is also a digital currency.
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MTNAX
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July 07, 2018, 08:37:41 AM |
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I think bitcoin can indeed be an asset considering bitcoin has a good chance of trading the digital market. So we can use bitcoin for future assets in the short and long term. It will probably help us all for a better future.
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money_amount
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July 07, 2018, 08:38:03 AM |
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As far as my opinion, this is the market for me to invest. I do not see this market as an asset. I just think this is the market for me to invest and make money.
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delphic
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July 07, 2018, 08:40:15 AM |
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If we consider Bitcoin as an asset. Personally, I do not consider BTC an asset. An asset is something that generates cash flow. Assets that generate or are capable of generating cash flows in the future. Your own business is definitely an asset as it is meant to create cash flows. Bitcoin is not an asset as it does not generate cash flows for its holders. Also, the BTC is not a product, because it is not a raw material for the production of something useful. Therefore, most likely Bitcoin can be attributed to the currency. Accordingly, it is impossible to determine its constant value or invest in it, you can only determine the price of the currency and trade it.
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redsap
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Harmony for One and All
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July 07, 2018, 08:47:02 AM |
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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. Yeah indeed right now many country are accepting bitcoin as an asset but this thing will mae bitcoin goes far from it real ecosystem and i think it can make bitcoin worse in the future. Bitcoin ecosystem are implement as a payment and for transaction not just an asset
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rumexx
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July 07, 2018, 08:50:28 AM |
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Bitcoin is a digital currency but when you use bitcoin as a store of value and the market sentiments goes your way it can be an asset because of the increased in value over the time you have held bitcoin. But nobody will know how much profit ypou have because bitcoin is decentralized.
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Chupacabras
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July 07, 2018, 11:31:30 AM |
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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. South Korea is a big influencer of the road stage, I've heard about mail system of there accepting Bitcoin and then it causes a great pump in our market, so we need to be aware and pay attention on their deeds.
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justapache
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July 08, 2018, 03:41:45 PM |
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Yes it is an asset - a digital asset. Bitcoin is money therefore it has a value to us unlike close minded people who don't know bitcoin they won't consider that as an asset.
I don't think digital asset is being adopted at all, only at a few country but that happens for items in game not with some digital money i guess. Hope the law will protect the digital money in the nearly future.
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PM.coins
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July 08, 2018, 04:46:58 PM |
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it's been proven that bitcoin is an asset. not impossible if in the future will be one of the best currency. many people have got bitcoin benefits, and I need to admit it personally. thanks bitcoin.
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TmottaDing
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July 08, 2018, 04:51:20 PM |
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At some points, it is more than true, there are a lot of people that just consider bitcoin as an investment and they do not care about the functionality, but it happens with all the other coins, it is not something new in here
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monarchy
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July 08, 2018, 04:59:51 PM |
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Bitcoin will be our asset in a very helpful future so bitcoin will be our most valuable asset in the future of nati so we all need to have bitcoin to start a new future
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anjir
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July 08, 2018, 05:07:24 PM |
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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 a digital currency that has many benefits for its users, but besides that bitcoin is also a future investment by many people all over the country, bitcoin investment is more crowded in select as compared to as a transaction tool, because by investing in bitcoin people can produce more profit, but it all can not be separated from the risks that must be taken.
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ACHANCE
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July 08, 2018, 05:10:11 PM |
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yes in bitcoin one invest like others asset this is good return giving
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Wong owah
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July 08, 2018, 05:12:26 PM |
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with the advancement of Bitcoin's definite times will be the asset of everyone's work, because working at bitcoin is very potential and also if we deepen the work in bitcoin will definitely succeed, we must support bitcoin till anytime.
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Marvelio
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July 08, 2018, 05:30:39 PM |
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It all depends on others responding to Bitcoin itself, I myself more recognize it as a long-term investment assets to improve my finances back in a long time. so there's nothing wrong if Bitcoin is a trusted asset to improve one's finances.
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