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Author Topic: Bitcoin become an asset  (Read 6561 times)
Zigzagkuy
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July 14, 2018, 08:43:04 PM
 #901

I think yes, bitcoin becomes an asset because the value of bitcoin is high enough and also its stock is limited. This can be said to be an asset to me. But some people sometimes say something else. And though we are different thoughts but we remain the same. that's just my opinion.
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fipper
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July 14, 2018, 08:44:01 PM
 #902

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.

as well as the current local currency may be the currency, an asset in a flowering storage through a bank deposit, bitcoin may be like that
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July 14, 2018, 09:05:58 PM
 #903

yes really bitcoin will be an asset and i think more and more people are making bitcoin as an asset because bitcoin can provide many benefits and bitcoin can be made as an investment because of the great advantage in it that bitcoin can be made as a source of income so in my opinion it is true that bitcoin would be a very profitable asset Smiley
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July 14, 2018, 09:21:56 PM
 #904

I think it's true that bitcoin is an asset because bitcoin can provide great advantages besides, bitcoin can also be a source of income and investment and that is one reason for me that it is true that bitcoin is a very profitable asset Wink
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July 14, 2018, 09:31:31 PM
 #905

Beyond the good and the bad things all come back to the decision why is it necessary? because bitcoin remains a bitcoin that I know long ago. Being a currency sounds good but the process is right? yep, we'll see Roll Eyes
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July 14, 2018, 09:57:45 PM
 #906

Today, states can not classify bitcoin as a currency. It is very different from people's idea of currency. In addition, if the state recognizes bitcoin currency. then you will need to apply with it as a currency. And the states are not yet ready for this.
Therefore, it is easier to recognize it as an asset. Vseravno in the future, if necessary, this view can be revised depending on the additional data received.

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July 15, 2018, 03:46:12 AM
 #907

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 think bitcoin is a currency and not an asset. Bitcoin is a currency created to solve transaction problems where bitcoin can perform transactions without any bank intermediaries, it's a good value in society. because of the limited number of bitcoins and the increased demand for bitcoin, bitcoin prices are soaring, this is what prompts people to invest long-term rather than spend their bitcoin to shop.

bitcoin brings us back to the origins when ordinary gold was both an asset and a currency for payments. then there were all kinds of paper, suragate simplify the calculations, it was not necessary to carry the gold between the  countries. now bitcoin is doing it faster and is a strong asset in itself.

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July 15, 2018, 03:58:01 AM
 #908

bitcoin is an asset. Moreover, the property is very valuable. The value of Bitcoin changes and we use it as an asset to trade with other currencies as well as sell for profit.
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July 15, 2018, 04:03:42 AM
 #909

good news for bitcoin lovers, if there has been something that makes bitcoin as an asset, hopefully for the time to come bitcoin can be used as the world's nasinonal currency so bitcoin become the pride of every lover.
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July 15, 2018, 08:36:21 AM
 #910

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.


In my country, bitcoin is considered as a digital asset too, maybe because the value of bitcoin is expensive.
cryptocurrency is volatile, so it is not a currency because a currency will need have a stable price from my opinion.
either as an asset or currency, bitcoin has brought many peoples wealth in their life which is good.

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July 15, 2018, 08:48:39 AM
 #911

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 think there is nothing wrong with bitcoin if it is going to be an asset to be used by peoples.
peoples who invested on bitcoin from few years ago, they already earn profit now.
So, i think it is alright for bitcoin to became an asset to invest.

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July 15, 2018, 10:14:18 AM
 #912

Governments that view cryptocurrencies as assets will likely treat those "currencies" differently from how they would treat fiat currencies.
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July 15, 2018, 10:18:57 AM
 #913

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 think there is nothing wrong with bitcoin if it is going to be an asset to be used by peoples.
peoples who invested on bitcoin from few years ago, they already earn profit now.
So, i think it is alright for bitcoin to became an asset to invest.

That is true. In the end, it does not matter how people view Bitcoin - as an asset, as a currency, or as a commodity. There will be different sets of people who view Bitcoin differently and derive a distinct utility from it. The market price will incorporate all these different views.


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July 15, 2018, 10:54:51 AM
 #914


I am sure btc someday will be a good fortune
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July 15, 2018, 10:58:33 AM
 #915

I do agree with OP, and this is not what bitcoin was created for, but I do understand that in order to become a currency, bitcoin probably needs to follow this path first. If bitcoin is an asset it means it has value, since it can be easily traded, I think it wont take long for it to actually become a currency as well. My only problem with this, is to know how these trades will be taxed, because that could eventually harm bitcoin use as a currency. One thing is sure though, if bitcoin gets recognition as an asset, it should eventually attract more investors, and that should be good for BTC.

It is good to be an asset and owned privately rather than liabilities.
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July 15, 2018, 11:11:19 AM
 #916

Yes, it is true that bitcoin was supposed to be a medium. But due to high demand and huge fluctuations it has become an asset rather than a currency. 
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July 15, 2018, 11:12:54 AM
 #917

I think personal bitcoin can be said currency can also say asset, depending on where we look at bitcoin, but for me personally most bitcoin I use as an asset or my savings in the future. because I am sure in the future the price will be good

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July 15, 2018, 11:23:22 AM
 #918

asset is something has value like gold, in the past people exchange with gold vs services/goods, so it's simple that bitcoin considered as an asset and also as a currency
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July 15, 2018, 11:53:50 AM
 #919

Personally speaking, I prefer to utilize my Bitcoins as assets in my trading and investments rather than using them to shop online. Don't get me wrong, I was also able to use it as a mode of payment before, no hassles, I just see it as more  convenient and efficient using it in trading and investment. Its value is so much that, I am having a hard time spending it online wherein I can spend fiat anyways.

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July 15, 2018, 03:36:40 PM
 #920

In my opinion, currency is also a kind of asset. So bitcoin is money or assets are the same
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