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Author Topic: Bitcoin become an asset  (Read 6622 times)
axxo
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September 17, 2018, 12:40:28 PM
 #1661

I believe that bitcoin is an asset because of its value though it is the state of the near market now i still believe that bitcoin will have a very valuable price in the next coming months.

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osmo
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September 17, 2018, 12:52:01 PM
 #1662

actually bitcoin is created as a currency but many people say bitcoin is an asset, in my opinion it's not wrong if people say bitcoin as their asset because the increase in bitcoin prices is very fast, so it's natural that people consider bitcoin as their asset, I use bitcoin as an eye money and assets, this is only my personal opinion

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September 17, 2018, 01:21:45 PM
 #1663

Yes, bitcoin has been declared as a speculative asset but Gold is $1300/ounce and Silver $17/ounce.

Bitcoin at $2,000 is also high. What is the point of mining cost of one Bitcoin = $5,000 when mining cost of gold in $500/ounce ??
Bitcoin is crptyocurrency where you can earn money because of it, people classify it as an asset where you can profit. I think bitcoin is a great asset because of it's popularity and higher value in the market.

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4builder
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September 17, 2018, 09:26:53 PM
 #1664

Some governments have already recognized Bitcoin and crypto currencies as investment assets. They peg them as virtual assets and make the traders pay taxes on income from crypto investments.
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September 18, 2018, 01:17:21 AM
 #1665

Whatever you think it to be, many governments around the world have recognized BTC as an asset. I believe it has only good aspects to it. It means BTC becomes increasingly legal, which will attract more investors and make sure Bitcoin is alive Cool
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September 18, 2018, 01:25:22 AM
 #1666

lately the use of bitcoin as an asset has a very downward trend. some people use bitcoin are used for daily trading transactions. in my opinion, if it is used as an asset, it is not suitable because bitcoin market prices often occur uncertain fluctuations due to being affected by daily tading transactions. however, this trend will change if bitcoin prices increase and stabilize.
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