Bitcoin Forum

Other => Beginners & Help => Topic started by: base698 on July 29, 2011, 01:35:38 AM



Title: Bitcoin Real Estate
Post by: base698 on July 29, 2011, 01:35:38 AM
Has a house been sold for bitcoins yet?  What about people paying rent?



Title: Re: Bitcoin Real Estate
Post by: bojemrythem on August 25, 2012, 10:25:13 AM
Now a days you can purchase the property using bitcoin and purchase some good property for the business of home.  You can also purchase this property online because now a days many sites available for real estate.


Title: Re: Bitcoin Real Estate
Post by: qrs on August 25, 2012, 01:04:24 PM
in one of German bank BTC is acceptable


Title: Re: Bitcoin Real Estate
Post by: JMAHH on August 25, 2012, 02:45:41 PM
Now a days you can purchase the property using bitcoin and purchase some good property for the business of home.  You can also purchase this property online because now a days many sites available for real estate.

[offtopic]
I love this kind of "NEED TO GET 5 POSTS AND BREAK FREE" post
[/offtopic]


Title: Re: Bitcoin Real Estate
Post by: Boson on August 25, 2012, 03:16:55 PM
in one of German bank BTC is acceptable

What does acceptable mean? They take bitcoins and convert them in Euros in your account?
I'm just curious.


Title: Re: Bitcoin Real Estate
Post by: qrs on August 25, 2012, 05:56:18 PM
What does acceptable mean? They take bitcoins and convert them in Euros in your account?
I'm just curious.

in this bank (don't remember name) you can buy/sell btc - when I will find offer I'll send more information


Title: Re: Bitcoin Real Estate
Post by: dree12 on August 25, 2012, 06:12:00 PM
At this point, the market capitalization and liquidity of Bitcoin is insufficient for selling of any real estate of sufficient value. To buy a house that costs 400000 US$ (which is lower-class to middle-class) would not only require 0.4% of all BTC in circulation, but would also spike the price to 11.15 $ before subsequently dropping to 9.50 $ (causing a huge loss for both parties). Bitcoin price should appreciate by 300% (to ~40 $/BTC) before such transactions are feasible.