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Author Topic: Bitcoin become an asset  (Read 6563 times)
leoasdnedc
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July 09, 2018, 11:27:44 AM
 #761

I'm not interested in calling Bitcoin as a wealth. I think Bitcoin is a property. Because the property is transferable, on the other hand the resources are not transferable.I also prefer to make bitcoin an asset because it is far more profitable, than using bitcoin for payment of goods or services.
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coinnumber
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July 09, 2018, 04:52:07 PM
 #762

It really depends on you that how you take Bitcoin as. You can think about this as an asset or as a currency. But it was not designed for any of this it was just another payment method like Paypal and other online wallets out there. Bitcoin provides a lot of features which our government does not provide another bank cannot provide for the next 10 years. I take Bitcoin as currency because it has helped me a lot, but for someone, It is a good investment so they take it as an asset everyone can have their own opinion and point of you upon this.
Bitcoin can be taken as an asset and at the same time as a currency. Bitcoin served as an asset to those who HODL for investment purpose and are expecting profits in the nearest future. While it serves as currency because it's used for payment and transactions in our daily activities most especially when it comes to online business that has to do with cryptocurrencies. So believe it can be used for both purpose.
cunese
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July 09, 2018, 05:01:26 PM
 #763

The current price of BTC is not very stable, the price fluctuation reaches 50% within a few months. The commodity with big price fluctuation is not suitable for asset allocation, but should be used as speculation product.

HasithaM
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July 09, 2018, 05:03:03 PM
 #764

Bitcoin is a money and in the meantime a benefits as in because of the unstable idea of bitcoin it have a tendency to create enthusiasm as the market continue developing, and again when you hold bitcoin for quite a while it turn into an advantages which can twofold or even triple the sum you contributed on it. And furthermore bitcoin is an advanced cash that it nature is a distributed and does not include outsider.
lavara
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July 09, 2018, 05:07:52 PM
 #765

I think that bitcoin is both a currency and an asset: there is really a lot you can already buy for bitcoin and it is already well known around the world as a digital currency. As for the asset here only if for a long period-from six months and more .As for the asset here only if for a long period -from six months or more, while it is very unstable-there is a possibility of a sharp increase and a fall.

munareal
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July 09, 2018, 05:13:00 PM
 #766

I see bitcoin more as an asset than a currency because there will be a time that bitcoin cannot be mined after the maximum cap has been reached. Then very few people will have it as people will HODL it and will only sell when in dire need.
Mofazzal840
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July 09, 2018, 05:15:06 PM
 #767

In my opinion i think bitcoin is an assets,when ever bitcoin is a currency, but bitcoin currency is very strong currency. That's why i can say bitcoin is a digital currency.Morever many men like it and big an asset to all crypto users. Smiley Wink
sri.bima
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July 09, 2018, 05:27:08 PM
 #768

Depending on its use for investors, I alone make bitcoin as my asset because I am more interested in investing my money in the form of BTC assets certainly not for daily transactions or other payments. for What else does the rich need besides an asset for the money holders so abundant? .
Why would you trust Bitcoin as a currency if there are still many people panicking to have Bitcoin when the price drops? !!!
So I suggest for people who want to have Bitcoin not for income but rather a long-term investment.

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sirobin5
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July 09, 2018, 05:37:22 PM
 #769

I think, At present Bitcoin is just a digital currency not asset. But in future It could be asset, If it can achieve own goal.
HasiViraj
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July 09, 2018, 05:41:31 PM
 #770

Truly bitcoin these days considered as an asses since it has a market esteem or it could be trade to a fiat cash. This is the reason a portion of the general population or financial specialists referred to about bitcoin had thought about bitcoin as an advantage. Indeed, even any semblance of me had thought of it as moreover. Beside that bitcoin could likewise be considered as a reserve funds that unquestionably purchasing bitcoin is a methods for it. A decent sort of funds that multi day you will have the capacity to get a decent increment on it in the event that it is being done in a pleasant and key way.
litaya
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July 09, 2018, 06:20:57 PM
 #771

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 speculative coin! It has no other purpose. That is why it will be difficult for him to get approval from the world government.

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buternasek
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July 09, 2018, 06:25:59 PM
 #772

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.
I would agree if bitcoin is said to be an asset, not a currency.
because as we know the bitcoin transaction costs are still very high, and not suitable for the currency.
micle222
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July 10, 2018, 02:47:44 AM
 #773

Maybe it can be said Bitcoin it is an asset, because in my country who legalize Bictoin also many say that Bitcoin it is a digital asset and not a currency.

I am not prejudiced against Bitcoin, but for the time being Bitcoin has not been widely accepted in the community, if it is to be accepted in society. And hopefully Bitcoin for the coming year can be the best and most valuable digital currency.
Anhmai
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July 10, 2018, 03:10:49 AM
 #774

Bitcoin is an asset and it is very valuable. Because its value is always changing, it is always on the brink of becoming a common currency for the whole world.
olites
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July 10, 2018, 03:39:48 AM
 #775

I cant understand if its an affermation or are you asking that..
setupbounds
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July 10, 2018, 06:23:43 AM
 #776

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 according to be is a currency as gold is but both having investors more then people who transact with them for goods make it an asset more then a currency , even if legalization of bitcoin takes place I really don’t think the terms will change , as for example gold will always remain as an asset and same is for bitcoin people can transact with them but no one really cares if its a currency or asset.
Eko prasetyo
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July 10, 2018, 06:30:18 AM
 #777

I think bitcoin is an asset because you can sell your bitcoin and turn it into USD (or other currency) whenever you like. And bitcoin is your Asset bitcoin is more fluid than something like home and since its inception tends to increase in value so check it. Its value is sometimes down and increased and made as currency in the world.
aryani
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July 10, 2018, 06:32:38 AM
 #778

Bitcoin has a high enough price when compared to other coins, besides bitcoin is also believed to be able to provide hope for a good future. If anyone makes bitcoin as an asset to them, then this indicates that bitcoin does have a considerable strength in the world of investment as the best cryptocurrency available today.
MbakNarti
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July 10, 2018, 06:33:07 AM
 #779

It's true that bitcoin is made just for transactions and investments so I do not think bitcoin can be used as a national currency or a bank deal so I think it's very impossible for bitcoin to be the currency we use for day-to-day life, but I'm sure bitcoin can be used by the bank to become a means of transactions may take years how long until the government allows permission to cryptocurreny can be used by its citizens
Loopper
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July 10, 2018, 06:35:23 AM
 #780

I think bitcoin is an asset because you can sell your bitcoin and turn it into USD (or other currency) whenever you like. And bitcoin is your Asset bitcoin is more fluid than something like home and since its inception tends to increase in value so check it. Its value is sometimes down and increased and made as currency in the world.

Is indeed a very good asset and interesting to save with a long time. you can make a good investment and do not be afraid of low prices.
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