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Author Topic: Bitcoin become an asset  (Read 6557 times)
Voidcrafter
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August 22, 2018, 07:12:36 PM
 #1461

Bitcoin right now is similar to the asset and not on currency. Everyone is now talking about a digital asset, i.e. bitcoin, but do not talk about the currency bitcoin. The thing is that the currency bitcoin is difficult to call. to buy bread in the store, it should take from 10 minutes to an hour or more, that the seller would have received money for the goods.




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kolsernik
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August 22, 2018, 07:21:49 PM
 #1462

If bitcoine is recognized as a currency, you will have to pay a commission for cashing. Do you need it? For an ordinary holder of a crypto currency, there is no difference whether it is recognized as a currency or it will still be an asset.
RandyGamage
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August 22, 2018, 08:15:47 PM
 #1463

Bitcoin could be an asset as you said, but it is an asset with a high volatility. just because of that feature I doubt whether the majority will be ready to accept bitcoin as an asset. I think that's why they call bitcoin as a bubble.
KseniaLard
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August 25, 2018, 02:51:19 PM
 #1464

In fact, there are countries that really want to control bitcoins within their borders of responsibility. Bitcoin as an asset is potential for the owner, but in order to try all the advantages of being the owner, it takes time.
skish85
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August 29, 2018, 08:36:24 PM
 #1465

I think that crypto-currencies are unlikely to become a class of assets or will somehow affect the changing fundamentals of the market, including risks, investment or management.
ojanamon
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August 29, 2018, 08:44:46 PM
 #1466

i believe bitcoin its now good asset. bitcoin now popular currency.many people trust bitcoin as a big asset. It make transaction local or international.
Samuel Cofie
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August 29, 2018, 08:55:36 PM
 #1467

Since it inception, Bitcoin has always been treated more as an asset or store of value than the coin necessary for transferring money easily over the internet. So if people perceive it as an asset, i must say that they are not mistaking at all.
okjanu
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August 29, 2018, 09:23:21 PM
 #1468

Yes,i belief bitcoin became  an asset.If bitcoin is an asset  it mean it has value.It has the potential to bring in huge profits over any investment.This growth or let me say demand most people buy bitcoin to hold believing that the price will go up in the coming years.It is an asset worth keeping of the moment.
Cool1
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August 29, 2018, 09:34:20 PM
 #1469

I personally think bitcoin is a digital currency for the future.
Acsirp
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August 29, 2018, 10:06:38 PM
 #1470

It is truly the outcome of this investment of bitcoin ,for it has a value and things with values we can considered it as an asset, that is why bitcoin is also considered as digital gold in the cryptoworld business, bitcoin has a great value and investing in it is like buying gold and silver.
onaiwusun
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August 29, 2018, 10:09:22 PM
 #1471

Actually bitcoin is a combination of both a currency and as an asset class. Its perceived value in the future is enormous , so people prefer to keep some as an asset or a store
POM
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August 29, 2018, 10:44:40 PM
 #1472

I agree those who says that bitcoin is a combination of an asset and a currency. These days people mostly use it as an asset, they invest in bitcoin and they wanna get some profits. I don’t blame anyone. Today, crypto seems like a way to earn money somehow. But it’s a very young market so probably this mindset will change in time and we’ll see that people use btc more as a currency.
letzdodiz
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August 29, 2018, 10:53:51 PM
 #1473

Bitcoin is quite an asset and an advantage that made texchange by means of computerized virtual money. numerous individuals are keeping bitcoin into investments/ventures and offering their stock if at any point they need a volume of cash to spent for whatever they need to purchase starting at now, since this is just an elective coins not yet perceived as essential money utilize this time
Chichitalent
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August 30, 2018, 07:04:55 AM
 #1474

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.



Well this is absolutely true Bitcoin is the best digital asset now . it is easily exchanged according to their own currency. so it may easily told that bitcoin is an asset.
nambunamba
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August 30, 2018, 07:10:23 AM
 #1475

Bitcoin could be an asset as you said, but it is an asset with a high volatility. just because of that feature I doubt whether the majority will be ready to accept bitcoin as an asset. I think that's why they call bitcoin as a bubble.
Yes the volatility happen cause its open world wide for everyone and the price really affected by the demand of community. Many people think this is could be a bubble like dot-com that happen in 90's. I do really curious what bitcoin could be in future and i believe bitcoin yet touch the peak and still developing.

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vainnew
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August 30, 2018, 08:05:11 AM
 #1476

I think Bitcoin is an asset, 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. If it’s hard to tell the difference between the two, consider this. Assets tend to have a built-in promise of increased future value. Based on those definitions Bitcoin could be both a currency and an asset.  It was created to be a currency and you can certainly buy things with bitcoin. Bitcoin also can be said to be 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 and since its inception it’s tended to rise in value.
James_H
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August 30, 2018, 08:30:03 AM
 #1477

I consider Bitcoin valuable or an asset for people because they want Bitcoin. For every other currency, Bitcoin follows the rules of aupply and economic demand. this helps people make trading easier, allows holders to convert goods into commodities that can be traded widely through business sales and then used to buy almost anything they want. Bitcoin can now be seen not onlyas a digital currency but also as a perceptive asset, in many countries bitcoin is used as an asset for investment .
Klongkhunosi
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August 30, 2018, 08:32:23 AM
 #1478

For now many of the users or communities have bitcoin they make assets for the future, because bitcoin can also be made in assets or investments. Bitcoin is an asset and a currency.
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August 30, 2018, 08:41:12 AM
 #1479

Obviously BTC become an asset because it has monetary value and most of the people invest in here of the purpose of earning money.
Otsu
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August 30, 2018, 08:56:00 AM
 #1480

Well, if we invest in bitcoins, it will consider as an asset because we want to make and earn more profits from our investments. Nowadays, it is very essential to have bitcoins since the price are decreasing and the moment when it goes back at the highest level, surely we can be able to have satisfactions in here.
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