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Author Topic: Bitcoin become an asset  (Read 6625 times)
Dingdong7
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July 13, 2018, 05:04:43 AM
 #861

Bitcoin is indeed an asset, its price appreciate over time. Bitcoin is more than a currency, since it's value grows not the same way a normal currency grows. Who would have thought that in a span less than 10 years, bitcoins would reach a price like this. It's ever growing, and we can say that bitcoin is really the new gold.

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PAES23
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July 13, 2018, 05:08:49 AM
 #862

Bitcoin is an asset and a currency, but I think it's more of an asset, we still use bitcoin like gold keep it until price gets high, but some people use it as a payment which make it a currency.
Btcmicel
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July 13, 2018, 05:27:48 AM
 #863

Bitcoin is an asset and a currency, but I think it's more of an asset, we still use bitcoin like gold keep it until price gets high, but some people use it as a payment which make it a currency.

For me, bitcoin cosidered as an asset because of the high value in our market. Like gold and silver it is an asset, we store also bitcoin to gain a higher amount, so that's why we can called it asset and at the same times a currency.
denzkilim
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July 13, 2018, 06:14:38 AM
 #864

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 can indeed be used as an asset because of the value it can grow, and by having it then people will benefit. Bitcoin will not lose its original value as a cryptocurrency even though many of them use bitcoin as an asset.

You have a point with that. And I do agree with you too. We can utilize bitcoin in both aspect. Either a currency or an asset. But whatever it is a currency can be categorized as an asset too. Asset in ways of money or investment. But I think bitcoin can only be both when we recognized it as one of our currencies and not just a digital money.

Being a currency or being an asset is not a problem as long as this technology is being useful in different ways. I do believe that when Satoshi Nakamoto created Bitcoin its sole purpose is to simplify our payment system and make it less hassle and make life easier and now Bitcoin become an asset and a means of investment but I am not saying that it is not good, I am only pointing out the real purpose of this technology and what it has become today. Cheesy
ridho002
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July 13, 2018, 06:32:01 AM
 #865

Bitcoin is an asset that you must try to have because Bitcoin has many benefits that you will get in the future.
Ryanpaul80
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July 13, 2018, 07:17:48 AM
 #866

I think bitcoin is a benefit. Property is a place to store esteem, it can enable you to increment or abatement the estimation of aggregate resources.
strideynet
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July 13, 2018, 08:17:41 AM
 #867

the difference between the interpretations of cryptocurrencies in different countries is only needed to create an information background and to create liquidity between countries. no more than
daoquanghuan
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July 13, 2018, 08:28:18 AM
 #868

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.


At the moment, I think bitcoin is more of a asset than a currency. The value of bitcoin fluctuates too fluctuously with very strong fluctuations that make it difficult to pay. In addition, bitcoin also has legal problems for some countries that do not accept bitcoin. Over time, I believe bitcoin will become a popular means of payment.
elzjmirra
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July 13, 2018, 08:34:47 AM
 #869

Yes, it depends on everyone because they certainly have their own opinions. And my own opinion that this can be said to be an asset because of the Bitcoin continues to experience the volume up and down. And even we can feel the advantage when the asset continues to grow with the number of incoming investors.
hunter50
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July 13, 2018, 08:46:21 AM
 #870

It's a great news as it will be easier access bitcoin in korea. Bitcoin can indeed be used as an asset because of the high value in our market.Bitcoin still has the potential to go further in value in the coming years.I think to give the concept for bitcoin a currency or property is perfectly reasonable and Bitcoin future is very promising that why there so many people believed in bitcoin and this is the best asset to invest in.
Siminarota
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July 13, 2018, 10:35:59 AM
 #871

Now many people view BTC as an asset to hold, possibly in the future, BTC can replace cash, so they will be one of the highest value assets in the world.
tommisetiyawan
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July 13, 2018, 12:15:59 PM
 #872

I think Bitcoin can be regarded as an asset, because if I have a bitcoin I will tube or store for the future, maybe future bitcoin price will be good. why I attribute bitcoin is an asset? because an asset is something you own or a valuable item for you, and bitcoin is something that is very valuable to me.
nahotachikwem
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July 13, 2018, 02:13:00 PM
 #873

An asset is some kind of economic resource. It can be controlled or owned and it provides the owner with value, usually financial. A house is an asset. You can sell a house and get cash in return.
A currency is a system of money, a means of exchange.
Bitcoin could be both a currency and an asset.  It was created to be a currency and you can certainly buy things with bitcoin. Not everyone accepts bitcoin at the moment but you can use bitcoin on major retailers. Even Expedia will accept your cryptocurrency in exchange for plane tickets.
It is also an asset because you can sell your bitcoin and convert it to USD (or any other currency) whenever you like. It’s more liquid than something like a house.
Fbi_babs
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July 13, 2018, 02:19:12 PM
 #874

To me, I believe Bitcoin is an asset because once you invest in it your investment can be multiplied overnight without stress. Bitcoin is an asset.
hannahfx
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July 13, 2018, 05:07:30 PM
 #875

I personally think bitcoin is a Digital currency but in future we can buy assets from this currency like Gold,property etc. and in future we can see many biggest bank accept bitcoins and people do transactions with this currency and also accept everywhere so how this currency is assets and peoples treat this currency like fiat that are using at present.
deepakg2m
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July 13, 2018, 05:33:22 PM
 #876

Actually yes, now a days many of the users are considering BITCOIN as their asset. The increased BITCOIN price and rising popularity of BITCOIN has forced many of its users to do so.

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normanz
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July 13, 2018, 05:54:08 PM
 #877

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 better used as an asset, has bitcoin is a source of income, because the value of bitcoin can continue to increase and can provide benefits.

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sheamus10
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July 13, 2018, 06:50:01 PM
 #878

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.
You are right because bitcoin is one of the unique assets, besides its expensive price. Bitcoin is also one of the means of payment in some countries, so it is very suitable for transactions.
VK.point
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July 13, 2018, 07:26:50 PM
 #879

until now it seems bitcoin still easily referred to as an asset. it still takes a long time if it should be a real currency. all need a process. before there was money, antiquity was still using the goods exchange system. through development and progress, then emerging money as a means of transaction.

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maculeth
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July 14, 2018, 01:31:12 AM
 #880

no one ever thought that bitcoin would be a digital investment asset. because at the beginning of manufacture, bitcoin aims as an online payment tool. but along with the currently rising prices, bitcoin has become a valuable asset.

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