Bitcoins investment or asset

Moderator: kyletorpey

Bitcoins investment or asset

by chetan » Thu Apr 17, 2014 11:14 am

Are Bitcoins an investment or an asset?
 
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Re: Bitcoins investment or asset

by kyletorpey » Thu May 22, 2014 4:05 am

Bitcoins are more of an asset than an investment because you are really just speculating on the price of bitcoins. For an investment, there is usually a need for some kind of dividend payment to be involved. Bitcoins are also better defined as an asset rather than a currency right now due to the fact that they have not been able to provide a stable store of value. Bitcoins cannot really be considered a currency until the price of the bitcoin becomes a bit more stable. For now, people who hold bitcoins are simply holding an asset that could eventually become very valuable over the long term as a currency.
 
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