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Author Topic: Bitcoin become an asset  (Read 6563 times)
Lx2018
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July 11, 2018, 03:14:47 PM
 #821

Well bitcoin is a money and in the meantime a benefits as in because of the unpredictable 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 a computerized money that it nature is a shared and does not include outsider.
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Mofazzal840
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July 11, 2018, 03:21:23 PM
 #822

In my opinion, at present bitcoin has been considered an asset by the all crypto users. On the other hand many men mind it that bitcoin is Golden money. I can fluently say that bitcoin is an assert.  Wink Smiley
badaovodich
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July 11, 2018, 03:32:09 PM
 #823

As we know Bitcoin is only considered as asset when the Government in that country views bitcoin as an approved currency and legally. For example, Japan approves. When the national government does not approve the bitcoin deal, it is not considered as a banned asset.
etron
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July 11, 2018, 03:47:18 PM
 #824

Questions like these I often hear. What is Bitcoin? More and more people see that the traditional financial world is not perfect. Maybe bitcoin will be widely known around the world, which will be reflected in large transaction volumes. Furthermore, bitcoin can be a widely used virtual currency. But to do this, it needs to be more stable against other currencies. Central banks and governments must recognize bitcoin, then compete with fiat. And this competition must always be healthy.
HasithaM
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July 11, 2018, 04:01:08 PM
 #825

I consider bitcoin as a benefit on the grounds that in the event that you have this computerized cash it could be trade to fiat cash so insofar as there is an incentive for bitcoin then it is an advantage. As we as a whole realize that advantage is that somebody having something that has esteem and bitcoin has esteem. Something else which is as a rule likewise expressed that legislature controls the digital money and it is great in my perspective since we ca follow if there are any abnormalities with the utilization of cryptographic money since trade are offering permit to work and trade ought to check its customer.
AnCapFree
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July 11, 2018, 04:07:37 PM
 #826

I think it is very hard to say Bitcoin is an asset or just a currency. I think bitcoin is both of them. You can see dollar or gold, you can use them for transaction or storing as an kind of asset.

team87
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July 11, 2018, 04:16:48 PM
 #827

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 hope other countries can be like south korea, with this news then investors will not hesitate in investing in bitcoin. so the reputation level will be more significant increase. Thank you for the info.
Pemburu dollar
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July 11, 2018, 04:18:36 PM
 #828

Once the financial crisis, people usually store gold, but gold is endless and the best choice is Bitcoin. Since Bitcoin has the maximum number of coins available on the market, it will also be considered an asset to keep.





In my opinion, As we have seen for years, bitcoin prices are always on the rise, I believe in the coming years bitcoin can be above all currencies around the world
I think that Bitcoin can be one of the assets in the future, It has a very good value too many people around the world support it and use it every day.
RyhaniFoyej
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July 11, 2018, 06:53:51 PM
 #829

I read about this news that in South Korea bitcoin is legally become recognizable as asset.
 
Yes, I have also got this news. It is really a good news for the people of South Korea. Now they will directly able to involve in crypto-currencies. I hope South Korea will develop more quickly.

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I do think bitcoin is a currency and not an asset. I don't know whether this is good news or not for crypto-currency. One thing i believe with legalization from government 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.

You are right. Bitcoin is a currency which is called digital currency. So it can not be an asset as it is a digital money. And we also know that money can be traded but asset transaction can not be done.
But bitcoin is called an asset because it is compared with gold for its high value. For this reason people call it an asset.
DewiKirana
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July 11, 2018, 07:40:46 PM
 #830

Currently bitcoin is more suitable to be called an asset than a currency, because the bitcoin price is very fluctuating, the currency should be stable, but the benefits of bitcoin can still be for sale and purchase transactions following the current price.
Cripinggedang
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July 11, 2018, 07:51:28 PM
 #831

it may be for some people but not everyone
cizatext
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July 11, 2018, 10:13:37 PM
 #832

This is a good news and also there is a point that need correction in you write up, bitcoin is not only a currency but also an assets and future of all online transactions and the financial freedom of the masses which has suffered from suffering that our traditional financial institutions has subject us to.
cmaxwell
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July 11, 2018, 10:55:21 PM
 #833

bitcoin is actually an asset because it is accepted in trading. i mean you can sell while another buy and through this a transaction is initiated. with they way things are going, bitcoin might likely received more positive attentions in other countries of the world where it was actually rejected before.
stimliall
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July 11, 2018, 11:30:48 PM
 #834

Bitcoin is a very volatile asset! Essentially an asset like stock securities rather than money!
Bitcoin at this stage is not suitable for use as currency.
milandres0207
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July 11, 2018, 11:34:27 PM
 #835

Well, we can also recognize bitcoin as an asset too because it has a value like other assets, although this is a digital currency,but we can also say that it has an asset that you can change into fiat when the value is up or if you like whether the price is down.
andra-ierma
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July 11, 2018, 11:36:47 PM
 #836

Bitcoin has been an asset for several years. Some countries legalize but some countries also prohibit. This becomes a polemic, that bitcoin can still be accepted as a means of payment in some countries. As in South Korea. As with some altcoin, or other cryptocurrencies, bitcoin becomes a benchmark for some other digital currencies. It provides good news for investors, just wait for next news.
Wish 107.5
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July 11, 2018, 11:40:50 PM
 #837

Bitcoin is a very volatile asset! Essentially an asset like stock securities rather than money!
Bitcoin at this stage is not suitable for use as currency.
Since i started working on Bitcoin, I already considered it as an asset. I think it is very realiable asset. You can earn Bitcoin even though you are not investing big amount of money.
paimen
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July 11, 2018, 11:43:09 PM
 #838

I agree if Bitcoin will just be a digital currency rather than an asset.
If Bitcoin is an asset then this will change the view of many people about Bitcoin who has been assuming that
Bitcoin is a digital currency that has a high price value and is volatile.
AteenaD
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July 12, 2018, 01:34:43 AM
 #839

High level of volatility engulfs bitcoin. This is why i do most certainly believe that bitcoin is an asset and not a currency. For bitcoin to be considered a currency, it should be easy to use for everyday transactions, which clearly it is not.


Bounty_Manager100
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July 12, 2018, 01:37:35 AM
 #840

Bitcoin is an invisible asset of yours,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. 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.
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