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Author Topic: Bitcoin become an asset  (Read 6563 times)
Impulseboy
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September 14, 2018, 05:06:44 PM
 #1541

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.

I agree. If one country recognizes bitcoin as an asset, it could be good for bitcoin and the entire crypto world for that matter. Even though that is not what bitcoin was created for, if one country started recognizing it as an asset, then it is a positive news for us. After all, an asset holds value. This means that South Korea values bitcoin. Who knows? Perhaps more country will follow suit, right?
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phuongthanh34623
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September 14, 2018, 05:10:17 PM
 #1542

For me Bitcoin is a coin and also an asset of the future.  Grin Grin Grin
CoonSoon
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September 14, 2018, 05:55:58 PM
 #1543

Bitcoin becoming an asset is good news. I hope it will be legally accepted all over the world soon.
Bitcoin is my digital asset.
Antu3032
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September 14, 2018, 10:04:08 PM
 #1544

I think Bitcoin really is an asset,bitcoin can become a widely used GLOBAL DIGITAL CURRENCY. so it needs to become more stable against other currencies. Central banks and governments must recognize bitcoin ,then it can compete with fiat.
Gonzaleti
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September 15, 2018, 02:33:22 AM
 #1545

Bitcoin is supposed to be a cryptocurrency,from the beginning.And is still cryptocurrency,the most accepted one.But with the time it´s also become an Asset.Fiat money is low risk asset but bitcoin is risky one
Bitcoin is not paper money because there is no physical, but the function is the same for payment and also for investment. Maybe what is meant is that investment is the same as assets, even though it is different because investment is something that is traded, while fixed assets only decrease or increase in value.
godlike123
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September 15, 2018, 02:38:25 AM
 #1546

Yes bitcoin can be considered as an asset already because it has value equivalent to fiat money. However it could not be declared to the government SALN (Statements of Asset and Liabilities Net) which required from.the government employees because bitcoin is not yet legalize and acknowledge and well this is good thing to avoid from getting tax on it.
AshleyCarter67
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September 15, 2018, 02:48:45 AM
 #1547

I realize that at the present time, there are still many countries claiming that Bitcoin or cryptocurrency is an asset, whose owners need to declare their property to the city government. But perhaps they were wrong because they did not see the true nature of Cryptocurrency, they really did not like other investment options such as Real Estate, Equity, etc. Bitcoin is becoming better for investors, as they can choose to buy and sell in a short period of time. If these countries open and accept Bitcoin, Bitcoin may in the future become a global coin.
Yustiant
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September 15, 2018, 02:56:29 AM
 #1548

100 % bitcoin is asset, every county now suporting replace payment with bitcoin and you can use bitcoin everytime, any place just instan, fast and scure.
at 2010 i just thing its a scam, but now i disampoited not buy bitcoin at 2010.
Sarahunter
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September 15, 2018, 03:16:58 AM
 #1549

Bitcoin is the most valuable digital currency and for investment for many people because Bitcoin has great value for profit. Bitcoin can be an asset but in a country that has received bitcoin as a payment tool it will use bitcoin as a currency. I really like cryptocurrencies because they have more uses than paper money.
godlike123
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September 15, 2018, 03:26:29 AM
 #1550

I think Bitcoin really is an asset,bitcoin can become a widely used GLOBAL DIGITAL CURRENCY. so it needs to become more stable against other currencies. Central banks and governments must recognize bitcoin ,then it can compete with fiat.

Yes bitcoin is already did an asset because if we define what is an asset amd that is something valuable. Now bitcoin market price is more than 6k ISD isn't that valuable or expensive? Well if you are rich then could not be declared as an asset. Anyway almoat all of the membera here agreed that bitcoin is an asset.
Roberttran
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September 15, 2018, 03:29:33 AM
 #1551

Bitcoin is both a currency and a digital asset. You can pay by bitcoin for purchases or anything. Besides, the bitcoin value is very high. Bitcoin can also be a safe place to store assets. It depends on how each person's bitcoin is used.
Tunapress
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September 15, 2018, 04:21:58 AM
 #1552

Bitcoin as an asset is a great thing, because it has great value that everyone would be glad to have. Asset is a valuable possession for a person and bitcoin named as an asset makes this cryptocurrency a huge milestone for this kind of investment. It is good to hear that some countries see it as a property that people would love to invest with
Hudadahuda2018
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September 15, 2018, 06:26:05 AM
 #1553

many people think that bitcoin is their 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 a very crowded market.
Your thoughts are correct and I agree with your opinion.
It's true that bitcoin is their asset, even I can admit that bitcoin is my asset because bitcoin is a big source of income so bitcoin is the only currency. even bitcoin has a growing value and a very crowded market.
sabarr
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September 15, 2018, 06:56:04 AM
 #1554

in my opinion, bitcoin is both because at this time bitcoin cannot be fully a currency, not all countries accept and support bitcoin as a currency so we can only use it as a currency in certain places, and for them bitcoin will be an asset for the future as investment
Lazada
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September 15, 2018, 06:59:01 AM
 #1555

Now Bitcoin is not only a currency, Bitcoin has far more features, Bitcoin is being used as an investment and also an asset for many people.
Now Bitcoin is very valuable and we all feel very confident that Bitcoin is a revolution in the global financial system.
valkyrie_12Vl
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September 15, 2018, 06:59:52 AM
 #1556

for me, since bitcoin has monetary value in some countries it can be an asset since it has value, it must not be a currency directly like if you have a house, it has worth but it is not a currency, it has value but not a currency. But since it has recognitions from other countries we can assure a lot of people to invest in it in the future.
horaceN
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September 15, 2018, 07:05:08 AM
 #1557

There will be only 21 million Bitcoins around the world. I think Bitcoin will become a reserve asset for the whole world, playing the same role as gold.
SamanthaPhillips
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September 15, 2018, 07:25:42 AM
 #1558

I invest in Bitcoin because I think Bitcoin is the property. Many people think that Bitcoin will collapse in the next few years but I think they are wrong and Bitcoin can exist with our world forever. If Bitcoin lasts forever, it's called the property.
valisa
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September 15, 2018, 07:33:53 AM
 #1559

in my opinion, people or governments are free to say that bitcoin is an asset depending on their view of bitcoin, maybe they have their own opinions and call bitcoin assets, even though bitcoin is a digital currency.
bitcoinVPSD
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September 15, 2018, 07:39:29 AM
 #1560

I think it is good news. We really want bitcoin to be legal in many places. the bitcoin problem becomes the property i think it is not bad thing. It can also grow in the future and may still become a payment method for exchanges

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