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Author Topic: Bitcoin become an asset  (Read 6557 times)
jurelmartin
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July 18, 2018, 09:48:58 AM
 #961

in a way, it a asset because its a very useful thing that was created, it became useful in terms of sending money anywhere to anyone around the globe, it can be also use as a form of investment. but many of the countries that banned bitcoin do not see it as a asset to their nation, for some they see it as a threat to their banking systems, a threat for using it for money laundering and so on. but i believe that bitcoin is a very valuable asset
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adnandanish102
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July 18, 2018, 09:59:04 AM
 #962

Flat currency is being used on large scale but it is accepted nationally and the cryptocurrency is not used on very large scale but it can be accepted worldwide but many countries still not accepting bitcoin and that's why we can't say bitcoin a full fledged currency.Although,it has become a great assest in market.
mcmchdlg03
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July 18, 2018, 10:02:03 AM
 #963

I think bitcoin will be a currency or an asset. Bitcoin will use for transaction and asset will not and bitcoins also serves as an asset and also you can use as currency for transaction, for buying foods, for paying bills etc. It's all up to you whether you use bitcoin as currency or an asset.
BestW1shes
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July 18, 2018, 10:07:26 AM
 #964

Bitcoin is a digital asset
Alns
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July 18, 2018, 12:08:48 PM
 #965

For me bitcoin is already an asset, first I know my bitcoin is just a bitcoin sight is a currency only, but now bitcoin is worthy to be an asset with a growing value. And I think its already good if bitcoin can be an asset because bitcoin have limited supply.

I agree with you because it is an asset for me too. I always believe in the future of bitcoins. And I am still waiting for new opportunities to use it.
Winterwood21
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July 18, 2018, 12:20:34 PM
 #966

Bitcoin can be likened to digital gold in the internet, bitcoin is valuable because of its limited nature. the more difficult bitcoin found then the higher the price in the market.
Khalp1
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July 18, 2018, 12:35:05 PM
 #967

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 its an digital assest which value depends upon supply and demand.which should be moving as the prices go up and down, if you have bought it at a very low price, and if you really dont need any money, then stay stagnent. you will get good returns in future.
hongthoa498156@gmail.com
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July 18, 2018, 12:40:01 PM
 #968

Bitcoin can hardly become a currency as you say. It's unstable and decentralized, it seems to be entirely opposite to fiat money. Moreover many people hold it as a kind of property
INAQAMAQQU
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July 18, 2018, 12:50:55 PM
 #969

I think bitcoin is an asset because as we know a rich mean invest their money in the bitcoin so it's mean they will not get an effect of the tax.
lehuyaxib1
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July 18, 2018, 12:58:31 PM
 #970

yes, bitcoin is like a asset for investment
Nicholas Ferreiraa
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July 18, 2018, 01:02:39 PM
 #971

I think this is good news for bitcoin investors. The Bitcoin is recognized as legally owned and shows that Bitcoin is slowly being accepted by the governments of the states
Anna Whitee
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July 18, 2018, 01:15:05 PM
 #972

Bitcoin, in my opinion, is a currency, but it has not been perfected, to the extent that it is only accepted as a medium of exchange and it is too volatile to become a form of storage treat. Bitcoin is not an asset because it does not generate cash flows when standing independently from its holders (until you sell it).
pareshnakar
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July 18, 2018, 01:19:58 PM
 #973

Bitcoin is high value currency and more and more increased in future when will sell so its price high so it become like asset so bitcoin is a asset.

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maloibtc
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July 18, 2018, 01:22:50 PM
 #974

I agree that this is a great asset and we should value it as it is the leader among all coins. i think that it is the best of the best by right as it is worthy. it has a great system of blockchain which is used by many companies
Malam90
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July 18, 2018, 01:32:01 PM
 #975

Yes, Bitcoin is an asset now. Who have hold 10 BTC from January 2017 to December 2017, was millionaire. Now rate is slightly low but this is temporary situation. Bitcoin has proven that it is more valuable than gold.
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July 20, 2018, 04:27:52 PM
 #976

bitcoin in my opinion is not only an asset but bitcoin is also a digital currency used as a tool of transactions and also payments.
Dico88
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July 20, 2018, 05:21:42 PM
 #977

When you hold bitcoin for a long time it makes an asset that has the ability to double or even triple the amount you invest in and the government sees bitcoin as an asset and not in general bitcoin fixes fixed assets. I can see bitcoin as a currency that just keeps something. Nor should we be confused with this term and anyone can make whatever assets or opportunities can be profitable. Cool
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July 20, 2018, 05:31:56 PM
 #978

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.

While bitcoin is very rarely used as money, that is, as a means of payment. It is more used as a speculative value, this is exactly what people made of bitcoin. Therefore, it is quite logical that states in most cases classify bitcoin as a financial asset, and not as a currency. True, in the United States it is recognized as property, in some other countries - as a commodity. I think that while great importance does not matter how bitcoin is classified. Now it is still important that it is officially recognized by the state for circulation inside the country.

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riyarana1123
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July 20, 2018, 05:43:47 PM
 #979

Yes,it can be said that BITCOIN is an asset because now so many countries are there which start accepting bitcoin with happy faces.Country like Swaziland accept BITCOIN as a tuition fee which is a very good news for those investors of bitcoin who are studying in Swaziland and Korea is declare BITCOIN an asset after looking the positive sides of it.Moreover that time is not far when every nation start accepting BITCOIN as a tuition fee or use as a digital currency all over the world and become an asset for not only the investors but for everyone.

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deloreswest
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July 20, 2018, 05:44:48 PM
 #980

Well with approved ETF( still not approved) bitcoin coin could be really become an asset. I do think bitcoin should be use as currency cause thats why i doinvest here cause bitcoin offer a project for transaction and bitcoin became an asset is totaly wrong. But seems like to be an asset mot really bad cause it could be a stepping stone for bitcoin to be bigger and bigger.

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