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Bitcoin => Bitcoin Discussion => Topic started by: Abiky on January 23, 2020, 05:50:09 PM



Title: Buying real estate with Bitcoin
Post by: Abiky on January 23, 2020, 05:50:09 PM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???


Title: Re: Buying real estate with Bitcoin
Post by: avikz on January 23, 2020, 05:57:12 PM
I don't think any real estate company in the world accepts bitcoin, apart from Japan! Because Japan is the first country where bitcoin were announced as a legal tender. But I don't think that is the case for the rest of the world. However, I found few websites where similar offers are being advertised. But I am not sure how legitimate they are. You can check the below links,

https://bithome.ch/
http://bitcoin-realestate.com/

But be very very cautious before connecting with them because their offers seems too good to be true! It may be a fraud as well! I really don't know about any trusted dealer where you can use your bitcoin to buy real estate!


Title: Re: Buying real estate with Bitcoin
Post by: ChrisPop on January 23, 2020, 05:59:03 PM
Bitcoin has become a recognised asset all over the world. It's just that most of the people are not comfortable with the high volatility on cryptocurrencies. That's the reason why many people have not started allocating a big part of their savings to it. Bitcoin can be exchanged to fiat at any moment so I don't see why would anyone reject BTC as a payment especially if they are not a big businesses that needs to respect a lot of regulations and accounting laws.


Title: Re: Buying real estate with Bitcoin
Post by: The Sceptical Chymist on January 23, 2020, 06:39:33 PM
This makes wonder whenever it's possible to buy real estate with Bitcoin?
This topic has been brought up before, as I remember seeing at least one other thread asking this same question--and I do find it an interesting one.  I do recall seeing someone selling their house on bitcointalk a few years ago.  The OP provided pictures and all, though I can't remember which country it was in.  And in another thread someone mentioned a huge real estate sale that happened with bitcoin being the payment method.

But those cases are isolated and rare to the best of my knowledge.  I don't think there are any real estate agents or mortgage brokers who deal with bitcoin routinely, nor do I think there's a huge demand for that service.  People barely spend bitcoin on little things, and the number of people with enough bitcoin to purchase a house or land is probably very small.

And besides, I see bitcoin as an investment more so than a currency.  Buying a house with bitcoin would be like buying one with gold or stocks.  It just doesn't make much sense--that's what fiat is for.


Title: Re: Buying real estate with Bitcoin
Post by: Aikidoka on January 23, 2020, 06:54:43 PM
I haven't seen people who buying estate with bitcoin but it could be possible in some countries like Japan, because we already know that bitcoin is legal in this country since months. It's really a good idea to buy houses with bitcoin and I hope that I can see that available in the future and in many countries in the whole world.


Title: Re: Buying real estate with Bitcoin
Post by: viennemariela on January 23, 2020, 07:41:47 PM
Well, I think real estate compared to the transactions you've mentioned is far bigger. I don't think any real estate company besides those in Japan, or may be not also, would take a risk.


Title: Re: Buying real estate with Bitcoin
Post by: Step_By_Step on January 23, 2020, 08:09:27 PM
Our community has enough wealthy people to support buying and selling of real estate, so it is bound to happen this decade.


Title: Re: Buying real estate with Bitcoin
Post by: Ratash on January 23, 2020, 08:40:15 PM
They should start using bitcoin as payment currency we are in 2020 and the technology is moving fast and with bitcoin's privacy and the dencentralized aspect people will be interested in it.


Title: Re: Buying real estate with Bitcoin
Post by: Anora2020 on January 23, 2020, 08:54:39 PM
Beside the Bitcoin record with a highest rating, it is not far to do other variety by help of the very influence people in the community and other way of earnings by help of Bitcoin.


Title: Re: Buying real estate with Bitcoin
Post by: LeGaulois on January 23, 2020, 09:02:18 PM
If there is an increasing demand, don't worry, you'll suddenly see many real estate agencies that will start to accept Bitcoin right away. Particularly on high-value assets, they won't want to give up their sales commission. They will quickly learn how to use BitPay or other solutions.
Follow the money, if there is money to be made, everything can be bought with Bitcoin. As long there is a profit, you will always find someone to take it.

Furthermore, the real estate industry is one of the preferred channels for money laundering so I wouldn't be surprised if sales in BTC occur more than what we think or read here and there.

But a seller may not be interested in being paid in bitcoins and absolutely want the payment in fiat, the volatility argument or whatever, it's understandable (the simple solution would be to set the price in fiat and to pay with bitcoins). He may also have difficulties declaring to the fiscal agency the amount and/or the sale itself, etc. He also needs to trust the buyer a little more than the average buyer.

@The Pharmacist
I remember it, it was an apartment for rent in Croatia


Title: Re: Buying real estate with Bitcoin
Post by: elisabetheva on January 23, 2020, 09:11:01 PM

if it can, it is an update and is a significant progress and can be interpreted that bitcoin is highly recognized. this is certainly a very good news and will increase bitcoin . but is it as easy as thought because there are still many countries that have not recognized that bitcoin is a legal payment instrument other than fiat.
of course many regulations are made to be able to realize this and not easy it seems not yet for now.


Title: Re: Buying real estate with Bitcoin
Post by: enhu on January 23, 2020, 09:35:08 PM
The seller of a real estate property can be considered a real bullish BTC believer if he does that. When BTC going up to $20k again and media rushes to report everything about the technology of BTC, there may really be people selling their properties for BTC. My parents house is going to be for sale if my siblings agree, this is if they are up to fight for their share.


Title: Re: Buying real estate with Bitcoin
Post by: Rengga Jati on January 23, 2020, 10:38:10 PM
-snip- Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
In my country, we cannot buy anything with Bitcoin except you convert it to Fiat on exchanges. You know that the laws in our country only authorize buy-sell with our national currency. So, it is still impossible to buy a single real estate with Bitcoin because no mainstream companies or businesses will agree with that payment.

I think this may happen in countries that legalize the Bitcoin and allow the citizens to use it for payment tool. Yes, for the examples: Japanese, Germany, Switzerland, etc. Check the more information here: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

*If the Bitcoin is legal for a payment tool in a country. Then, there is a chance to buy real estate there.


Title: Re: Buying real estate with Bitcoin
Post by: vicoma on January 23, 2020, 10:54:54 PM
There are some projects that are tokenizing their real estate. For example, Instant Assets Tokens is a real estate company that are accepting digital assets in an exchange for real estate properties. To summarize it all, digital assets holds the future.


Title: Re: Buying real estate with Bitcoin
Post by: dothebeats on January 23, 2020, 11:11:35 PM
This makes wonder whenever it's possible to buy real estate with Bitcoin?
This topic has been brought up before, as I remember seeing at least one other thread asking this same question--and I do find it an interesting one.  I do recall seeing someone selling their house on bitcointalk a few years ago.  The OP provided pictures and all, though I can't remember which country it was in.  And in another thread someone mentioned a huge real estate sale that happened with bitcoin being the payment method.

But those cases are isolated and rare to the best of my knowledge.  I don't think there are any real estate agents or mortgage brokers who deal with bitcoin routinely, nor do I think there's a huge demand for that service.  People barely spend bitcoin on little things, and the number of people with enough bitcoin to purchase a house or land is probably very small.

And besides, I see bitcoin as an investment more so than a currency.  Buying a house with bitcoin would be like buying one with gold or stocks.  It just doesn't make much sense--that's what fiat is for.

https://bitcointalk.org/index.php?topic=508254.0

I'm not entirely sure whether this is what you're talking about or not, but I do remember a couple of threads mentioning that they were selling their properties for bitcoin. If ever they were successful though, I'm pretty sure they had a hard time dealing with tax and all that sort of stuff but hey, at least they profited from that deal so all is well!

As for it being a plausible idea or not: nonone knew. It was an entire gamble from the start and I know for a fact that the sellers of the property/ies know that as well. There really isn't much to be had on bitcoin back then and all people clinging on to after going all in is hope and luck. It'd be rare to find genuine brokers/real estate agents selling properties for bitcoin--though of course there are rare exceptions from exotic properties and all that high-end stuff.


Title: Re: Buying real estate with Bitcoin
Post by: diahsw on January 23, 2020, 11:21:24 PM
I think it can be done, if all real estate parties understand bitcoin. Unfortunately, in the real estate company there are still many who do not understand bitcoin, so it is very difficult to explain them from the start ... !!


Title: Re: Buying real estate with Bitcoin
Post by: SophieMil996 on January 23, 2020, 11:25:57 PM
This makes wonder whenever it's possible to buy real estate with Bitcoin?
This topic has been brought up before, as I remember seeing at least one other thread asking this same question--and I do find it an interesting one.  I do recall seeing someone selling their house on bitcointalk a few years ago.  The OP provided pictures and all, though I can't remember which country it was in.  And in another thread someone mentioned a huge real estate sale that happened with bitcoin being the payment method.

But those cases are isolated and rare to the best of my knowledge.  I don't think there are any real estate agents or mortgage brokers who deal with bitcoin routinely, nor do I think there's a huge demand for that service.  People barely spend bitcoin on little things, and the number of people with enough bitcoin to purchase a house or land is probably very small.

And besides, I see bitcoin as an investment more so than a currency.  Buying a house with bitcoin would be like buying one with gold or stocks.  It just doesn't make much sense--that's what fiat is for.

Yes, a lot of people believe that bitcoin is an investment.

I don't forget that bitcoin is meant to be a currency.


Title: Re: Buying real estate with Bitcoin
Post by: Twinkledoe on January 23, 2020, 11:30:42 PM
I think it can be done, if all real estate parties understand bitcoin. Unfortunately, in the real estate company there are still many who do not understand bitcoin, so it is very difficult to explain them from the start ... !!

Exactly! Because most of them heard about bitcoin or blockchain, but in reality, they don't even know where to start or how to make a transaction. Once they fully grasp the nature of bitcoin and how it is being manages, then, they can proceed the acceptance of bitcoin. But with the high cost involved in real estate, it is not common to use bitcoin or cryptocurrency in this industry but rather they still prefer to transact using fiat currency. But yes, it is possible.


Title: Re: Buying real estate with Bitcoin
Post by: boyptc on January 23, 2020, 11:40:03 PM
It's not early. I think with few search on google, you'll see those sellers that are willing to accept bitcoin for their properties. Like this --> https://cryptopotato.com/bitcoin-buys-real-estate-15-3m-condo-sold-using-bitpay/

But with the use of bitpay.



Title: Re: Buying real estate with Bitcoin
Post by: Shasha80 on January 24, 2020, 12:32:33 AM
In my opinion it is very unlikely that buying real estate with bitcoin, because bitcoin is used to pay for smaller things alone rarely
especially in large quantities such as buying real estate. Looking at volatile bitcoin prices is very risky to make transactions buying
real estate. So bitcoin is more suitable as a digital asset like it is stock and gold, because in my opinion for buying real estate is
better if you use fiat.


Title: Re: Buying real estate with Bitcoin
Post by: boyptc on January 24, 2020, 01:17:19 AM
It's not early. I think with few search on google, you'll see those sellers that are willing to accept bitcoin for their properties. Like this --> https://cryptopotato.com/bitcoin-buys-real-estate-15-3m-condo-sold-using-bitpay/

But with the use of bitpay.
This is a good option for a seller to accept bitcoin maybe because they believe on the potential of bitcoin and they wanted to convert their property into a new good investment. I don’t know if real estate company already accept this kind of mode of payment is still risky for them without proper regulations, we are far from this.
It's not only a maybe but they are.

With this kind of option that we have if the buyer wants to pay bitcoin so that its usecase will be seen by others then the seller has an option to use third party setups like bitpay's.


Title: Re: Buying real estate with Bitcoin
Post by: blckhawk on January 24, 2020, 01:35:25 AM
One thing about Bitcoin is that it performs very well on macroscale transactions, because of its higher security and value among other altcoins existing in the market. Though one problem emerges on large scale transactions, they take some time before getting validated. Let's assume that a property is sold and the transaction took 40 minutes. The volatility of Bitcoin might make significant changes from the time the transaction was made, compared to when it was received. And even we think 40 minutes is quite fast, the market too can change in that short timespan.

Worse case, a whale abuses the system. Pumps the market, buys a property on smaller bitcoin amount (USD/BTC), and after the transfer is complete, dumps it back down, which gives the seller smaller amount in USD.


Title: Re: Buying real estate with Bitcoin
Post by: CryptoBry on January 24, 2020, 01:44:00 AM
This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???

Yes, Bitcoin is now used by some real estate agents and companies and it is doing just good. In fact, Bitcoin, just in my view, is more suited to big-time transactions because by then the transaction cost can really be minimal. The problem with Bitcoin is on micro-transactions like buying a coffee or a candy in a convenience store. Real estate, of course, involved  a good amount of money and this can be a good market for Bitcoin. though we have to accept it that this is not yet the norm. I still have to heard a verified figure of all the real estate transactions done in Bitcoin as we know that bank-to-bank and even cash remains to be the most convenient as the infrastructure is easily there. Now, I read somewhere that foreign buyers of real estate (maybe coming from Middle East, China) prefer to use Bitcoin so they do not have to transfer their money to the country where the sale is located. Luxury goods market (and we can include real estate here) can definitely benefit using Bitcoin.


Title: Re: Buying real estate with Bitcoin
Post by: KnightElite on January 24, 2020, 01:52:00 AM
Real estate is one of my favorite investment vehicle, there are now landlords and estate managers who are willing to accept bitcoin as payment. In my country the bitcoin is been legalized but the problem is the awareness where many people have still no idea about bitcoin. There are many real estate business in my community, there is a time that I asked one of the owner of the apartment about the payment method that he can accept. I asked if he is willing to accept bitcoin as mode of payment but he said no because he is still have no idea about it.


Title: Re: Buying real estate with Bitcoin
Post by: TitanGEL on January 24, 2020, 02:07:55 AM
This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???

Yes, Bitcoin is now used by some real estate agents and companies and it is doing just good. In fact, Bitcoin, just in my view, is more suited to big-time transactions because by then the transaction cost can really be minimal. The problem with Bitcoin is on micro-transactions like buying a coffee or a candy in a convenience store. Real estate, of course, involved  a good amount of money and this can be a good market for Bitcoin. though we have to accept it that this is not yet the norm. I still have to heard a verified figure of all the real estate transactions done in Bitcoin as we know that bank-to-bank and even cash remains to be the most convenient as the infrastructure is easily there. Now, I read somewhere that foreign buyers of real estate (maybe coming from Middle East, China) prefer to use Bitcoin so they do not have to transfer their money to the country where the sale is located. Luxury goods market (and we can include real estate here) can definitely benefit using Bitcoin.
As far as I know bitcoin can now be use as payment in different real estate business. I've read an article about people who in Japan that are now using bitcoin to pay their rent expense. As time passing by, those people who are in the real estates are now seeing the potential of the bitcoin. Their are now a lot of industry that are looking forward about the adoption of bitcoin.


Title: Re: Buying real estate with Bitcoin
Post by: tambok on January 24, 2020, 02:12:22 AM
This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???

Yes, Bitcoin is now used by some real estate agents and companies and it is doing just good. In fact, Bitcoin, just in my view, is more suited to big-time transactions because by then the transaction cost can really be minimal. The problem with Bitcoin is on micro-transactions like buying a coffee or a candy in a convenience store. Real estate, of course, involved  a good amount of money and this can be a good market for Bitcoin. though we have to accept it that this is not yet the norm. I still have to heard a verified figure of all the real estate transactions done in Bitcoin as we know that bank-to-bank and even cash remains to be the most convenient as the infrastructure is easily there. Now, I read somewhere that foreign buyers of real estate (maybe coming from Middle East, China) prefer to use Bitcoin so they do not have to transfer their money to the country where the sale is located. Luxury goods market (and we can include real estate here) can definitely benefit using Bitcoin.
As far as I know bitcoin can now be use as payment in different real estate business. I've read an article about people who in Japan that are now using bitcoin to pay their rent expense. As time passing by, those people who are in the real estates are now seeing the potential of the bitcoin. Their are now a lot of industry that are looking forward about the adoption of bitcoin.

In some countries, you can already use Bitcoin as payment, even in some Asia countries, Bitcoin is widely used as a payment system, so it is not new now if you found out that there were some place already accepting Bitcoin as payment, you can already see it in some areas. If you are good buying Real estate using your Bitcoin then it's good for as long as you willing for it.


Title: Re: Buying real estate with Bitcoin
Post by: outatime1 on January 24, 2020, 02:14:28 AM
I have heard of people buying houses with Bitcoins but it was probably cases of for sale by owner.  Some people do make large purchases with Bitcoins and other cryptocurrencies but it is still a little unusual.


Title: Re: Buying real estate with Bitcoin
Post by: Duzter on January 24, 2020, 02:26:57 AM
Earlier more ICO projects came into usage providing real estate services through tokenizing. One such project in my view is the brickblock project. Apart from these projects there were more and more real time incidents that have taken place. Importantly some people have benefitted out of buying real estate in exchange of Bitcoin.


Title: Re: Buying real estate with Bitcoin
Post by: BlackFor3st on January 24, 2020, 02:30:57 AM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
If some will gamble the vulnerability of bitcoin price then the possibility is there and we cannot say that no one is willing to take the risk especially if they saw a great potential in accepting payments via bitcoin.

I haven't heard so far that someone buys a real estate via bitcoin but what I heard is someone is willing to sell his house via bitcoin payment. So the chances that it will happen in the future is very high as the adoption of crypto currencies especially the bitcoin is getting stronger and wider. Let's just wait if when it will reach the real estate acceptance.


Title: Re: Buying real estate with Bitcoin
Post by: bounceback on January 24, 2020, 02:36:32 AM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
I have heard news like this before, where real estate companies in Turkey have managed to sell a number of different properties and accept bitcoin as their payment, and real estate companies also receive five other altcoins as payments such as Eth, Xrp, Bch, Xlm, and Theter by accepting cryptocurrency payments, they say that it really allows faster transaction performance without losing exchange rates.
Although later all real companies accept bitcoin but I am not really sure whether people will use their bitcoin to buy land or houses because they prefer to use bitcoin as their investment.


Title: Re: Buying real estate with Bitcoin
Post by: lemipawa on January 24, 2020, 03:03:32 AM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
There was a post before and I guess it was last year, a man is selling their proper (house and lot) and accepts Bitcoin as payment. I did not follow the story of that for sale property, so I have no idea if the man was able to sell it or not. But it only shows that it is possible. I am even planning to sell my car and will accept Bitcoin as a payment. Im just waiting for my new car to be approved.


Title: Re: Buying real estate with Bitcoin
Post by: gweedo on January 24, 2020, 03:19:49 AM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
I think it's too early for real estate businesses to accept bitcoin in payment. There are currently no countries that officially accept Bitcoin and use it, only a few small internet shops accept bitcoin. It is possible that in the future Bitcoin will be more popular and used, Buying and selling real estate is an area that needs a lot of money. And if they use bitcoin in payment, the price of bitcoin will fluctuate a lot, which can make businesses lose. And if Bitcoin wants to be accepted in many different areas, its price must be really stable first.


Title: Re: Buying real estate with Bitcoin
Post by: cutesgirl on January 24, 2020, 03:30:34 AM
Better you hold bitcoin and buy real estate with cash money, worth to hold your bitcoin than you have buy real estate with using bitcoin because still have chance for bitcoin back to higher price again, but if you want make investment with real estate you can borrow money with your friend and waiting for bitcoin raise to higher price for selling assets.


Title: Re: Buying real estate with Bitcoin
Post by: breathlessz on January 24, 2020, 03:35:34 AM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
I think it's too early for real estate businesses to accept bitcoin in payment. There are currently no countries that officially accept Bitcoin and use it, only a few small internet shops accept bitcoin. It is possible that in the future Bitcoin will be more popular and used, Buying and selling real estate is an area that needs a lot of money. And if they use bitcoin in payment, the price of bitcoin will fluctuate a lot, which can make businesses lose. And if Bitcoin wants to be accepted in many different areas, its price must be really stable first.
when bitcoin is soaring there are indeed payments for property, cars with bitcoin, but I think it's only peer to peer, and when bitcoin is experiencing a downward trend, I don't hear it again. I think there are currently only a few shops in certain countries that still provide payments using bitcoin



Title: Re: Buying real estate with Bitcoin
Post by: Yatsan on January 24, 2020, 03:39:20 AM
I can suggest this website since, I see lot of reputable members are wearing their signature and avatar:

https://blockchain.com.do/

They are selling real estate their, and they have a lot of things they are selling in that website.



Website accepting bitcoin for their goods is not new today, in fact in my country our online shopping here are bitcoin supported (Lazada and shopee), It means you can buy anything and pay using bitcoin. As time passes by, the bitcoin adaptation is getting popular, and I think soon it will be accepted in all online shopping website as long as bitcoin and other cryptocurrency is not banned in your country.


Title: Re: Buying real estate with Bitcoin
Post by: barabarian1 on January 24, 2020, 05:13:30 AM
I think it depends on where we live if we live in a country that legalizes bitcoin like Japan so we can use bitcoin to buy real estate. but in my opinion right now most bitcoin holders will not use to buy something that is not too important like real estaste because bitcoin will be reduced by half this year. so I think they would prefer to keep bitcoin than spend it.


Title: Re: Buying real estate with Bitcoin
Post by: Eugenar on January 24, 2020, 05:19:20 AM
Most of the time, people thinks that bitcoin and gold is the most profitable asset as of today, because of its value getting higher and higher. Not considering the fact that Real Estate have intrinsic value that also increase over time. But if we are one of the person that thinks about bitcoin and get being a good way to provide us great profits, we could consider buying bitcoin and exchanging it for real estate. In such a case that we aren't just inducing market adoption, but at the same time, putting our funds to another investment platform where we begin to increase our assets.


Title: Re: Buying real estate with Bitcoin
Post by: bitvalak on January 24, 2020, 06:25:22 AM
Even though I can buy real estate, I think the bitcoin transaction turnover will continue without losing value and interest. Because I am sure it is not possible to keep bitcoin forever in the wallet, bitcoin was created to accommodate transactions to be more practical. If for now it might still be natural if bitcoin is stored in a wallet, but for the next few years there will definitely be a time when bitcoin is used everywhere like a currency.


Title: Re: Buying real estate with Bitcoin
Post by: Sanugarid on January 24, 2020, 07:10:30 AM
It's not early. I think with few search on google, you'll see those sellers that are willing to accept bitcoin for their properties. Like this --> https://cryptopotato.com/bitcoin-buys-real-estate-15-3m-condo-sold-using-bitpay/

But with the use of bitpay.
This is a good option for a seller to accept bitcoin maybe because they believe on the potential of bitcoin and they wanted to convert their property into a new good investment. I don’t know if real estate company already accept this kind of mode of payment is still risky for them without proper regulations, we are far from this.
It's not only a maybe but they are.

With this kind of option that we have if the buyer wants to pay bitcoin so that its usecase will be seen by others then the seller has an option to use third party setups like bitpay's.
It is actually a good idea when buying. We all know that bitcoin is a good investment and knowing that you are buying another good investment is a better way for you to earn money. It is depending on a company or a person who wants to sell if they are accepting bitcoin or if they are knowledgable about bitcoin. There are still things that they should consider like contracts. Buying real estate is indeed an awesome decision because as t ime goes by the price of that particular estate you bought is rising too. But spending in this situation is maybe not a good idea, maybe you can do that when the market recovers.


Title: Re: Buying real estate with Bitcoin
Post by: tz on January 24, 2020, 07:39:41 AM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
So far (in my country at least), no one is advertising that they want to sell/buy properties on most real estate websites, but there are some cases where buyers/sellers can offer to utilize bitcoin as a payment method, and there are situations where agents will facilitate a bitcoin trade for property.

Most of the focus that has been put into blockchain x real estate has been on the investment/shareholders side, and I've seen a fair amount of projects that are looking to facilitate such activities.

Bitcoin is not going to be a widely accepted currency for real estate because it is the total opposite of what property is (stable vs unstable).


Title: Re: Buying real estate with Bitcoin
Post by: riso2015 on January 24, 2020, 08:07:03 AM
Real estate is one of my favorite investment vehicle, there are now landlords and estate managers who are willing to accept bitcoin as payment. In my country the bitcoin is been legalized but the problem is the awareness where many people have still no idea about bitcoin. There are many real estate business in my community, there is a time that I asked one of the owner of the apartment about the payment method that he can accept. I asked if he is willing to accept bitcoin as mode of payment but he said no because he is still have no idea about it.
It will be very interesting if the owner of an apartment in your country will realize and understand about Bitcoin then you will easily invest in real estate. In my country it is also like that, many of them don't receive payment with Bitcoin if we invest our money into their apartment.


Title: Re: Buying real estate with Bitcoin
Post by: bitcampaign on January 24, 2020, 08:15:39 AM
I've heard the news that someone has bought a house, car or real estate with bitcoin, but unfortunately it's not in my country, I also want to try buying a house with bitcoin here, but I haven't found anyone who understands and wants to accept bitcoin payments, but it's true that almost everyone enjoys the results of income or profits paid with bitcoin, I think for the already high bitcoin value it is more worth buying something expensive like real estate, I also want to use this later in my country it's just that I haven't found a place and price suitable


Title: Re: Buying real estate with Bitcoin
Post by: Kunnu on January 24, 2020, 09:03:58 AM
There are though competitions in businesses but those who always try to be creative gets positive results so in my opinion this is the best time for real estate companies to start the procedure of buying or selling properties with Bitcoin if their governments are in favour of Bitcoin then the real estate companies have a great opportunity.


Title: Re: Buying real estate with Bitcoin
Post by: julius caesar on January 24, 2020, 09:14:06 AM
Does bitcoin being accepted as a payment in real estate? I think that is impossible since we all know that the value of a real estate is too high. They might not trust bitcoin that much because there is a probability that by the time that they have paid using it, the value of it might become lower. So in my case, I would like to recommend the fiat money still for transacting big amount of money like real estate.


Title: Re: Buying real estate with Bitcoin
Post by: mahilchii on January 24, 2020, 09:15:15 AM
I think this might be a risky move, buying a property by selling BTC could make it more convenient for the investors but it will end up in owner's risk both of the sides as well. Still there's a long way to go for Bitcoin people want to understand how safe and secure is this. Because doing a payment without rules and regulations is seriously a risky move. So I don't think this will work out so quickly.


Title: Re: Buying real estate with Bitcoin
Post by: puertorikosena on January 24, 2020, 11:10:23 AM
I think that if the transaction is large and the amount is large, then payment with bitcoins is good, since bitcoin also has liquidity. But if you take into account everyday purchases and payments, then Bitcoin is not suitable for this role. Better for this, a faster and more stable cryptocurrency.


Title: Re: Buying real estate with Bitcoin
Post by: msarro on January 24, 2020, 11:56:11 AM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???

If I have a piece of land then I will prefer to sell it in fiat rather than bitcoin. Reason being that BTC is too volatile and not many real use cases of bitcoin exists till date in my country. I think it will take some time  before bitcoin will reach mainstream adoption.


Title: Re: Buying real estate with Bitcoin
Post by: leyton11 on January 24, 2020, 12:23:22 PM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
I think it's too early to talk about this. because businesses often need a stable currency to deliver the most accurate business results and their employees don't want to keep such a volatile asset. I have also tried real estate trading with crypto and also succeeded, but it was only with an acquaintance in the chat channel. This means that buying and selling with crypto right now is still limited as it fluctuates too much, you can only sell it to people who know bitcoin and hold it for long.


Title: Re: Buying real estate with Bitcoin
Post by: White Christmas on January 24, 2020, 12:33:55 PM
I think that if the transaction is large and the amount is large, then payment with bitcoins is good, since bitcoin also has liquidity. But if you take into account everyday purchases and payments, then Bitcoin is not suitable for this role. Better for this, a faster and more stable cryptocurrency.
Although the transaction is large or not that large bitcoin as a payment will be still good because we know that bitcoin has an liquidity in which it based on how the bitcoin is running throughout the market. Bitcoin as a payment to buy a real estate is kind of good especially if the seller of the real estate was a cryptocurrency related also so he/she wants a buyer that will give him a bitcoin in order for him to just hold it for the better future right?
If you guys will use bitcoin as a payment then it is more good because it is very fast transaction and don't need any transaction with the bank or any letter of intent to withdraw a huge amount of money.


Title: Re: Buying real estate with Bitcoin
Post by: Asmonist on January 24, 2020, 12:48:53 PM
I think there are regulations to be set for that matter. There are sales tax to be considered and I guess government will look into it. Well, if that will happen I think its more convenient for bitcoin earners. But for now, I guess its too early to tell about it. The adoptation is not yet in full capacity.


Title: Re: Buying real estate with Bitcoin
Post by: Gheka on January 24, 2020, 01:02:17 PM
I've heard the news that someone has bought a house, car or real estate with bitcoin, but unfortunately it's not in my country, I also want to try buying a house with bitcoin here, but I haven't found anyone who understands and wants to accept bitcoin payments, but it's true that almost everyone enjoys the results of income or profits paid with bitcoin, I think for the already high bitcoin value it is more worth buying something expensive like real estate, I also want to use this later in my country it's just that I haven't found a place and price suitable

Why do you need such an experience while we have simpler and more traditional ways, using bitcoin to buy real estate is probably a breeze and wants to prove something, we may sometimes fall under the government's sights and become a suspect for money laundering through bitcoin. Although some information suggests this idea is feasible but I think it is difficult to accomplish when it needs a lot of confirmation from the government and no government is happy with bitcoin, converting it into fiat to buy real estate is safer or should continue to hold when the value of bitcoin is still showing signs of increase.


Title: Re: Buying real estate with Bitcoin
Post by: Soots on January 24, 2020, 01:10:12 PM
I think there are regulations to be set for that matter. There are sales tax to be considered and I guess government will look into it. Well, if that will happen I think its more convenient for bitcoin earners. But for now, I guess its too early to tell about it. The adoptation is not yet in full capacity.

It's not a practical way of spending your bitcoin while adoption in full capacity wasn't reached yet. We should think of a better ways to handle our asset, because btc is already considered an established currency. The value has been showing a potential stability, so then it's very important to treasure it.
Taxation is always applied particularly when it discussed a out property, a huge dump will tend to occur if you're going to convert digital currency to fiat cash, because real estate was truly expensive.


Title: Re: Buying real estate with Bitcoin
Post by: LogitechMouse on January 24, 2020, 01:37:35 PM
The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.
Many people are using it to be honest but if you will make a ratio of the number of using to the number of people around the world, it is around 1:7000. This is just my personal opinion but I think that the people who are using Bitcoin in different ways are those investors who have background experience already in different investments and because of that, Bitcoin has proven that it can be used as another way of payment but on the other side many aren't using it because of some problems with fees and speed.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
Everything is possible as long as the merchants are willing to accept it ;). Simple as that.
You don't accept Bitcoin as their way of payment to you as a merchant then fine. You accept it then better :D.


Title: Re: Buying real estate with Bitcoin
Post by: hatshepsut93 on January 24, 2020, 02:00:53 PM
A lot of countries are outlawing cash payment for big transactions, like buying real estate, so Bitcoin can be viewed as a loophole to circuvent this regulation, but if this will become too popular, the regulators will eventually close it.

I personally would never buy real estate with Bitcoin, there's way too much scams that trick people into buying houses, and then taking them back with some legal tricks, like having children or disabled people living it and in that case the new buyer can't own their house. If the payment was done via bank, there's some chance that the court will freeze their balance and force them to return it, but with Bitcoin your money are gone forever.


Title: Re: Buying real estate with Bitcoin
Post by: isaac_clarke22 on January 24, 2020, 02:17:25 PM
This makes wonder whenever it's possible to buy real estate with Bitcoin?
This topic has been brought up before, as I remember seeing at least one other thread asking this same question--and I do find it an interesting one.  I do recall seeing someone selling their house on bitcointalk a few years ago.  The OP provided pictures and all, though I can't remember which country it was in.  And in another thread someone mentioned a huge real estate sale that happened with bitcoin being the payment method.

But those cases are isolated and rare to the best of my knowledge.  I don't think there are any real estate agents or mortgage brokers who deal with bitcoin routinely, nor do I think there's a huge demand for that service.  People barely spend bitcoin on little things, and the number of people with enough bitcoin to purchase a house or land is probably very small.

And besides, I see bitcoin as an investment more so than a currency.  Buying a house with bitcoin would be like buying one with gold or stocks.  It just doesn't make much sense--that's what fiat is for.

I remember the title of that thread posted here in BTC Disc. board. I think the title was "Selling my house for crypto".
There ain't even a sign of even selling lots in here using crpyto, not even in the signs of "For Lease", and highly doubt there would be a single one.
I've read here (http://"https://business.inquirer.net/274760/blockchain-based-real-estate-platform-to-launch-in-ph-this-year") in my local news headlines about the implementation of blockchain-based that helps people buy lots. I never heard from it since, and I wouldn't expect it to be brought again anyway. This one doesn't utilize Bitcoin though.



Title: Re: Buying real estate with Bitcoin
Post by: Oceat on January 24, 2020, 02:41:16 PM
Does bitcoin being accepted as a payment in real estate? I think that is impossible since we all know that the value of a real estate is too high. They might not trust bitcoin that much because there is a probability that by the time that they have paid using it, the value of it might become lower. So in my case, I would like to recommend the fiat money still for transacting big amount of money like real estate.
Any business dealer wouldn't use Bitcoin as a way of payment to a huge amount deal just like the real estate because of the volatility of Bitcoin. It's better to use fiat to buy a property than using Bitcoin although there are countries who do accept Bitcoin as a payment for anything but it's so rare to find it elsewhere.


Title: Re: Buying real estate with Bitcoin
Post by: sayaya17 on January 24, 2020, 02:53:14 PM
Buying real estate with bitcoin seems like it's still impossible in my country, because bitcoin is still restricted and can only trade on the exchange but cannot be used to make payments for goods. But if the value of bitcoin is more stable it is possible that many people will make this transaction and many countries will legalize it. In the future there might be those who buy real estate with bitcoin in accordance with the agreement that buys and sells.


Title: Re: Buying real estate with Bitcoin
Post by: darkangel11 on January 24, 2020, 04:12:41 PM
It is possible but usually houses sold for Bitcoin are overpriced because the sellers are hoping to reach certain type of people: wealthy young people who suddenly earned a lot of money from Bitcoin and want to spend it here and now. I saw a lot of offers but for Bitcoin you can expect luxury apartments for millions of dollars. Also adoption in this area will not mean wide acceptance of bitcoin.


Title: Re: Buying real estate with Bitcoin
Post by: ethereumhunter on January 24, 2020, 04:24:20 PM
Maybe the real estate developer will not like to see bitcoin price volatility, so they don't use bitcoin for the payment system. They are afraid to see the bitcoin value going to go up and down many times, so they still prefer to use fiat for their customers. Besides that, if the bitcoin price drops and they have bitcoin, they will panic to see the price is down. But the possibility for bitcoin or another coin to be used for buying real estate will become true although we don't know how it will happen.


Title: Re: Buying real estate with Bitcoin
Post by: Webetcoins on January 24, 2020, 04:24:37 PM
I think there are regulations to be set for that matter. There are sales tax to be considered and I guess government will look into it. Well, if that will happen I think its more convenient for bitcoin earners. But for now, I guess its too early to tell about it. The adoptation is not yet in full capacity.
It just depend on one thing: agreement by both the parties, buyer and the seller. If they agree with the exchange using Bitcoin it would be best and can happen. You talked about its adoption which is not in large capacity, for that I think every market takes time for its development. It is growing with the period of time and would reach its maximum capacity soon. According to this it may not be possible now but will happen in future, hopefully!


Title: Re: Buying real estate with Bitcoin
Post by: nickenburg on January 24, 2020, 04:38:06 PM
Im sure there are people who will sell there houses for Bitcoin, there has been in the past for sure.
I remember even on the marketplace on this forum people where selling houses, and cars pre 2016 already.

When selling real estate will be tokenized and goes trough Ethereum I think it will be a lot better to buy houses with Crypto, I think now it is still to early to buy a house with Crypto, it is still to complex.


Title: Re: Buying real estate with Bitcoin
Post by: btccashacc on January 24, 2020, 04:39:40 PM
Actually you can buy anything with bitcoin especially in the country that bitcoin is freely used in terms of payment or currency, just tell them that you want to purchase with bitcoin and if they don't understand what bitcoin is, perhaps you can teach them how to transact with it and how to convert those coins to the fiat. Well, real estate is the one thing that difficult to sell, once the sellers find someone who's interested buy their product, they will be happy to help you especially negotiation about payment methods in this case is bitcoin.


Title: Re: Buying real estate with Bitcoin
Post by: Mike Mayor on January 24, 2020, 07:12:16 PM
I don't think any real estate company in the world accepts bitcoin, apart from Japan! Because Japan is the first country where bitcoin were announced as a legal tender. But I don't think that is the case for the rest of the world. However, I found few websites where similar offers are being advertised. But I am not sure how legitimate they are. You can check the below links,

https://bithome.ch/
http://bitcoin-realestate.com/

But be very very cautious before connecting with them because their offers seems too good to be true! It may be a fraud as well! I really don't know about any trusted dealer where you can use your bitcoin to buy real estate!


Lol what nonesense. Gosh you guys really have no idea hey? You can sell and buy things with bitcoin in any country. It doesn't need to be legalized. Do you think before you can use something it must be legalized some how? What does legalized to you even mean? That you allowed to do it? So if you invented something amazing you will wait till it is "legalized" before using it? I often wonder how old the users here are since they know very llittle about the law.

Let me educate some of you


I was born and live in South Africa a "third world" country. We are oh so third world and oh so behind that we actually love crypto here and fully support it. Here is a link to a local market that sells almost anything and has been around since I was a child so I think near 20 years. Anything you see you can buy with bitcoin. Scroll to the bottom of the page and yo will see the bitcoin logo. These are some houses you can buy for bitcoin.

https://www.bidorbuy.co.za/static/category/Property_139.html


We also don't have stupid tax laws. Crypto is a tangible asset here. So guys eh.... What's your countries excuse?


Title: Re: Buying real estate with Bitcoin
Post by: pixie85 on January 24, 2020, 08:26:54 PM
I don't understand why would real estate for bitcoin be popular enough to legitimize mainstream payments. They are already legit in many countries and the real estate market isn't the biggest and the most popular one unless you count renting. In Europe renting is becoming more popular than buying especially incountries like Germany and Great Britain because apartments are expensive and renting doesn't chain you to the property and doesn't put you in debt.

This is going to happen anyway but gradually, don't worry.


Title: Re: Buying real estate with Bitcoin
Post by: bitcampaign on January 25, 2020, 07:34:52 AM
I've heard the news that someone has bought a house, car or real estate with bitcoin, but unfortunately it's not in my country, I also want to try buying a house with bitcoin here, but I haven't found anyone who understands and wants to accept bitcoin payments, but it's true that almost everyone enjoys the results of income or profits paid with bitcoin, I think for the already high bitcoin value it is more worth buying something expensive like real estate, I also want to use this later in my country it's just that I haven't found a place and price suitable

Why do you need such an experience while we have simpler and more traditional ways, using bitcoin to buy real estate is probably a breeze and wants to prove something, we may sometimes fall under the government's sights and become a suspect for money laundering through bitcoin. Although some information suggests this idea is feasible but I think it is difficult to accomplish when it needs a lot of confirmation from the government and no government is happy with bitcoin, converting it into fiat to buy real estate is safer or should continue to hold when the value of bitcoin is still showing signs of increase.
I do not understand the meaning of the word money laundering, many stupid people in this forum always think about it, when did the word money laundering exist? whether when bitcoin is there or fiat currency, let's find out here if fiat and BANK currencies previously happened money laundering why they were not banned by the government, why only bitcoin, wrong thinking fiat currency and bitcoin are only tools all depend on the user, this in my opinion the public duping is that bitcoin is the most hated payment tool compared to fiat currencies, even though both are the same if it is used for bad things why is bitcoin wrong, nobody thinks that I can buy real estate and houses with bitcoin because my government still too stupid for this technology


Title: Re: Buying real estate with Bitcoin
Post by: bitgolden on January 27, 2020, 02:08:55 PM
i think you can buy it if they accept bitcoin in that country, not only person but also government. not only real estate, but all of them you want. the problem if they only need cash. ordinary people will always use cash to accept payment, but believer will use other payment method
If ever the government is included in the deal of real estate property than you can never use cryptocurrencies for payment unless and until they are legalized in your country. Government also does charge some amount of tax on each property purchase so you also have to take care about it. What I think is you can actually avoid that tax by paying in bitcoins.

But, maybe this is not legal so always follow your lawyer and ask for advice. It would be better if you or OP can convert bitcoins into cash first and then make a real estate purchase as it would be much easier. There are few platforms where you could rent apartments for bitcoins but I am not sure if you can also buy property on those platforms.


Title: Re: Buying real estate with Bitcoin
Post by: pinggoki on January 27, 2020, 02:28:39 PM
Good to know that right now there is someone who are buying a real estate using a bitcoin because it is very rare case that a people will be able to buy real estate using their bitcoin because it is a matter of fact that people is having to adopt the modernization and evolution that is happening right now. It will also good if you will be able to find a person who is selling a real estate that is accepting bitcoin as a payment option. Hope you to find a good and crypto enthusiast seller.


Title: Re: Buying real estate with Bitcoin
Post by: coinfinger on January 29, 2020, 03:45:45 PM
Yes, why can't we use bitcoins to purchase real estate unless and until the individual selling the property accepts bitcoins as a mean of payment. The users of bitcoins have grown from a large number and we can now find most of the technical driven people dealing with bitcoins as an extra source of income.

There are millionaires and billionaires over here who would have made such huge amount only because of bitcoins and why won't they like to buy or sell their property for bitcoins. Instead there should be a group where we could trade for properties nationally for bitcoins. This would be really great in order to start using bitcoins to the maximum.


Title: Re: Buying real estate with Bitcoin
Post by: Abiky on January 29, 2020, 07:15:33 PM
I don't think any real estate company in the world accepts bitcoin, apart from Japan! Because Japan is the first country where bitcoin were announced as a legal tender. But I don't think that is the case for the rest of the world. However, I found few websites where similar offers are being advertised. But I am not sure how legitimate they are. You can check the below links,

https://bithome.ch/
http://bitcoin-realestate.com/

But be very very cautious before connecting with them because their offers seems too good to be true! It may be a fraud as well! I really don't know about any trusted dealer where you can use your bitcoin to buy real estate!

That's certainly true, mate. Japan has been quite fond of crypto and Blockchain technology for some time now. I wouldn't be surprised to see real estate companies having prominence within Japan because of this. But I believe that other countries would need to follow, if they want to stay ahead in the game. It's no secret that the Blockchain industry is still widely unregulated these days. This explains why prominent countries like the US and UK haven't adopted crypto for many services in the mainstream world. As soon as crypto becomes widely recognized by governments as a legitimate form of payment (while prices stabilize across the market), you'll start seeing real estate companies offering services to their customers via Bitcoin or other popular cryptocurrencies we know and love today.

We're still early to see something like this become a reality within the mainstream world. Which is why, I believe that we should give crypto and Blockchain technology a little more time before they become mature enough for mainstream use. With due time, not only we'll be able to pay with Bitcoin for real estate, but also for healthcare, transportation, and more. Real estate is just the tip of the iceberg, in my own opinion. :)


This topic has been brought up before, as I remember seeing at least one other thread asking this same question--and I do find it an interesting one.  I do recall seeing someone selling their house on bitcointalk a few years ago.  The OP provided pictures and all, though I can't remember which country it was in.  And in another thread someone mentioned a huge real estate sale that happened with bitcoin being the payment method.

But those cases are isolated and rare to the best of my knowledge.  I don't think there are any real estate agents or mortgage brokers who deal with bitcoin routinely, nor do I think there's a huge demand for that service.  People barely spend bitcoin on little things, and the number of people with enough bitcoin to purchase a house or land is probably very small.

And besides, I see bitcoin as an investment more so than a currency.  Buying a house with bitcoin would be like buying one with gold or stocks.  It just doesn't make much sense--that's what fiat is for.

So far, people have sold their estate in a P2P manner via this very forum using Bitcoin. But no real estate company has come up with something like this yet. Maybe we're still early to talk about this, since Bitcoin is still not useful as a currency for daily payments. The Lightning Network helps, but it's still in its infancy. I believe that stablecoins will better suit this purpose than Bitcoin itself. It's up to real estate companies whenever they'll want to accept crypto for payment or not. After all, Fiat has been the most stable (and reliable) form of money for quite a long time. These companies need something that's stable enough in price to maximize their profits as much as possible. A volatile cryptocurrency like Bitcoin in its current form is terrible for real estate.

But who knows? With so many companies and startups accepting Bitcoin, there's a chance that we might be able to pay with BTC to a realtor. As long as there is demand from people into Bitcoin, mainstream real estate companies could adopt the cryptocurrency for their own benefit. Still though, the volatility of Bitcoin would make these companies convert it quickly into Fiat (or a stablecoin) in order to maintain their capital. Time will tell us whenever Bitcoin real estate services will come a reality within the mainstream world or not. ;)


Title: Re: Buying real estate with Bitcoin
Post by: Abiky on January 31, 2020, 02:10:59 AM
There are several firms to help in this. Buying real estate in exchange for bitcoin is being done on the sole interest of the buyer and the seller. Here the intermediary services like bitpay helps in legal documentation and other transactions related to the property. In my country we've got the registration department entirely developed on e-governance platform. Hoping for things to get integrated with the blockchain in the near future.

Yes. People can still use Bitcoin for buying/selling real estate by relying on a middleman for transaction settlement. Still though, a realtor company offering services in exchange for crypto would've been great to have within the mainstream world. I'm sure that if there's enough demand for crypto within the business world, realtor companies will be the first ones to accept Bitcoin for daily payments. The pioneer cryptocurrency has a better chance of being accepted for real world commerce than other altcoins being traded on the market today. This is mostly because Bitcoin has better branding/recognition worldwide. But first, the industry needs to become regulated by worldwide governments in order to give Bitcoin a level of legitimacy in the mainstream world.

With proper regulation of crypto, serious investors will be willing to flow cash into mainstream companies. Realtor companies will see it beneficial to adopt Bitcoin according to its high demand worldwide. But as long as Bitcoin remains widely unregulated and volatile in price, Fiat will continue to be the payment of choice for real estate.

Nonetheless, time will tell us if we'd ever get to see a mainstream company accepting Bitcoin. But I guess that there are more important things to focus than using Bitcoin for real estate. Just my opinion :)


Title: Re: Buying real estate with Bitcoin
Post by: btc78 on January 31, 2020, 03:50:31 AM
i remember years back i have seen some post here selling their lots and houses so nothing  is new about buying real estate using bitcoin.
there are other thread about expensive cars being bought using bitcoin right?
i think what we only need here is to find legit seller and make a deal,though i am thinking about Holding my Bitcoin than spending it to real estate or cars .


Title: Re: Buying real estate with Bitcoin
Post by: wence1975 on January 31, 2020, 04:10:03 AM
Hi it is used and legal in Czech Republic in EU
see www.homehunters.cz


Title: Re: Buying real estate with Bitcoin
Post by: Latviand on January 31, 2020, 10:20:56 AM
This makes wonder whenever it's possible to buy real estate with Bitcoin?
This topic has been brought up before, as I remember seeing at least one other thread asking this same question--and I do find it an interesting one.  I do recall seeing someone selling their house on bitcointalk a few years ago.  The OP provided pictures and all, though I can't remember which country it was in.  And in another thread someone mentioned a huge real estate sale that happened with bitcoin being the payment method.

But those cases are isolated and rare to the best of my knowledge.  I don't think there are any real estate agents or mortgage brokers who deal with bitcoin routinely, nor do I think there's a huge demand for that service.  People barely spend bitcoin on little things, and the number of people with enough bitcoin to purchase a house or land is probably very small.

And besides, I see bitcoin as an investment more so than a currency.  Buying a house with bitcoin would be like buying one with gold or stocks.  It just doesn't make much sense--that's what fiat is for.

Yes, a lot of people believe that bitcoin is an investment.

I don't forget that bitcoin is meant to be a currency.
The only instances where one could buy real estate with Bitcoin is if the company behind real estate property perhaps, do know the concept of blockchain technology and cryptocurrency and if it decides to do so, or if cryptocurrency is widely accepted in that particular country. But such instances are rare and also, the point that Bitcoin is better as an investment, is another thing to use it to buy things. But who knows, maybe someday we would see transactions of such.


Title: Re: Buying real estate with Bitcoin
Post by: AicecreaME on January 31, 2020, 12:36:08 PM
Let's say the will accept bitcoin as a payment, but the real question here is, are you willing to spend your bitcoin just to buy real estate?, I am sure you don't. You might be wondering why, oh well, let me tell you, the price of bitcoin has more capability of giving your profits if you are going to compare it to real estate. For example, you own 1 bitcoin, and your friend own a real estate, after a year, you earned more profits than your friend, I am sure of that.

It is about using and spending wise, not just randomly buying things that could be bought by bitcoins, it doesn't work that way if you really care about your profits that you could earn in the long run.


Title: Re: Buying real estate with Bitcoin
Post by: wozzek23 on February 01, 2020, 07:58:15 AM
For real? I have seen a lot of sites that are accepting Bitcoin for payment for real estate. Since, I don’t invest in real estates I don’t know whether they are legit or not.

You can even sell your real estate for Bitcoin by using bitpay.com/real-estate (http://bitpay.com/real-estate). This is the only one I know that is legit because Bitpay is a well known platform. Their processing fee for receiving Bitcoin is 1%, as for someone that is sending I don’t know how much the fees are. The process is simple, though there is a paperwork to do, and then your buyer will receive an email from BitPay, and pay at a locked-in exchange price, which is then converted to your local currency before it’s sent to your bank account.


Title: Re: Buying real estate with Bitcoin
Post by: abel1337 on February 01, 2020, 08:13:29 AM
Let's say the will accept bitcoin as a payment, but the real question here is, are you willing to spend your bitcoin just to buy real estate?, I am sure you don't. You might be wondering why, oh well, let me tell you, the price of bitcoin has more capability of giving your profits if you are going to compare it to real estate. For example, you own 1 bitcoin, and your friend own a real estate, after a year, you earned more profits than your friend, I am sure of that.

It is about using and spending wise, not just randomly buying things that could be bought by bitcoins, it doesn't work that way if you really care about your profits that you could earn in the long run.
I think it is depending on the need of a current person. Not every one of us is keeping bitcoin for our whole lifetime, Most of us want to earn profit from it and buy some things/property that we really want for. It is like working on a job and not spending the pay you are getting for. We use bitcoin because of its benefit and its benefit can be the one who can make our goals real.

Of course if one of your goals is to buy some real estate to live for, It's possible to pay bitcoin for it. Finding someone who sells a real estate in exchange for bitcoin is one of a way of buying it like peer to peer transactions.


Title: Re: Buying real estate with Bitcoin
Post by: rodskee on February 01, 2020, 08:25:04 AM
If we are talking about these days?no i wont let my Bitcoins spend to buy real estate (but of course my bitcoin is too small so far) and i rather use fiat first as i want to keep holding my Bitcoin because i believe that all of my patience will bring me more profit.

I remember there are some post in the past that sell house and lot right?here in forum?but i think no one claims to buy as for security reason.

For those who are planning to use crypto this early buying real estate?Better think first because future will give us profit if we can wait.


Title: Re: Buying real estate with Bitcoin
Post by: OrangeII on February 01, 2020, 10:04:04 AM
If we are talking about these days?no i wont let my Bitcoins spend to buy real estate (but of course my bitcoin is too small so far) and i rather use fiat first as i want to keep holding my Bitcoin because i believe that all of my patience will bring me more profit.

I remember there are some post in the past that sell house and lot right?here in forum?but i think no one claims to buy as for security reason.

For those who are planning to use crypto this early buying real estate?Better think first because future will give us profit if we can wait.
some people have done that, even when you find out, surely you will see some people selling real estate for bitcoin, so I think there are some people who want to exchange bitcoin for it, especially for those who have benefited. So far, I have seen a number of times people exchange bitcoin for real estate, and for now, it's quite easy.


Title: Re: Buying real estate with Bitcoin
Post by: adaseb on February 02, 2020, 04:53:45 AM
I don't think its possible to directly transact real estate transactions with bitcoin, too many legal issues. Maybe someone buying a car and the seller is accepting Bitcoin is something common but for real estate its not really possible to do directly.

Basically your real estate lawyer needs to get your funds to send to the sellers real estate lawyer, he most likely won't accept Bitcoin. Neither will the other lawyer. And if the seller still has a mortgage on their property the bank will want actual fiat and not Bitcoin to close the mortgage. I just don't see this being widely adopted anytime soon. Also what happens if the transaction is double spent? Exactly. Too many things can go wrong.


Title: Re: Buying real estate with Bitcoin
Post by: cryiotic on February 02, 2020, 05:38:37 AM
As long as the price of bitcoin is constantly changing, no one will want to sell or buy real estate in this way. It seems to me that only stablecoins can be used in this case


Title: Re: Buying real estate with Bitcoin
Post by: jhonjhon on February 02, 2020, 09:29:24 AM
Well, I'm not sure but I think I already saw a thread here stating that there's a country wherein a real estate company now accepts payment through bitcoin but not really sure maybe I have to try finding it but anyways, I think with today's adoption of bitcoin it is not impossible that some companies are now thinking of using bitcoin as another mode of payment. As far as I know, in our area, the only establishment that accepts bitcoin is a restaurant and a travel agency but haven't heard about real estate in our area.


Title: Re: Buying real estate with Bitcoin
Post by: wack slacker on February 02, 2020, 02:57:46 PM
Bitcoin is also a form of currency and its function for payment.  I have heard in the past that I can buy a car, buy a coffee or anything the authorities allow.
The case of real estate companies that allow Bitcoin payments is unlikely to be feasible and I don't know any company that can accept Bitcoin because of the unstable liquidity of Bitcoin.  I think that Bitcoin should only exist in private agreements and when carrying out legal procedures they should be implicitly declared to be a legal currency.  That means a Bitcoin exchange agreement between the owner and the buyer of the property.


Title: Re: Buying real estate with Bitcoin
Post by: imstillthebest on February 02, 2020, 06:56:05 PM
As long as the price of bitcoin is constantly changing, no one will want to sell or buy real estate in this way. It seems to me that only stablecoins can be used in this case

Stable coins are not so reliable and since real estate business involves a lot of money, I will never risk this much amount of money in stable coins. Rather I will prefer fiat currency for the real estate business and wait for bitcoin to become more stable and less volatile.

btc born as a volatile coin and i think it will also die this way  . that is why they built stable coins so that people can choose them if they prefer something that is stable  . stable coins are reliable because they are stable but btc arent   .

 stable coins are more suitable then to be used on this transaction because huge money is involved on here  . no one wants to regret once the deal was close because of the unstableness of the price  .  still there are people already done buying and seeling using btc and they are satisfied   .


Title: Re: Buying real estate with Bitcoin
Post by: Abiky on February 06, 2020, 12:47:45 AM
For real? I have seen a lot of sites that are accepting Bitcoin for payment for real estate. Since, I don’t invest in real estates I don’t know whether they are legit or not.

You can even sell your real estate for Bitcoin by using bitpay.com/real-estate (http://bitpay.com/real-estate). This is the only one I know that is legit because Bitpay is a well known platform. Their processing fee for receiving Bitcoin is 1%, as for someone that is sending I don’t know how much the fees are. The process is simple, though there is a paperwork to do, and then your buyer will receive an email from BitPay, and pay at a locked-in exchange price, which is then converted to your local currency before it’s sent to your bank account.

At least, a reputable Bitcoin merchant gateway is offering real estate services. But still, it's odd to find mainstream companies selling lands or houses in exchange for Bitcoin. After all, the world's largest cryptocurrency by market cap is still heavily unregulated worldwide. Not to mention, prices are volatile to an extent where the realtor could lose profit in an instant. It's better to use Fiat or even a stablecoin for this matter, in order to prevent many undesired losses.

Believe me, the time will come when Bitcoin will become useful as a currency for day-to-day payments. Scalability issues need to be solves ASAP in order to make Bitcoin a practical cryptocurrency for everyone. Luckily, the Lightning Network aims to change the way we use Bitcoin as a real currency and not as a store of value. With this, real estate companies can begin offering their services to people around the world without paying hefty fees or waiting hours for transactions to get confirmed on the Blockchain. The only downside is volatility as I've said earlier. But with a much liquid crypto market, this will be a thing of the past.

Nonetheless, with a proper regulatory framework from worldwide governments, it's possible that serious investors and mainstream companies will start adopting Bitcoin for their own benefit. This may take some time though, since governments are still finding their way into the crypto space. Hopefully, we'd get to see renowned real estate companies accepting Bitcoin payments within a couple of years from now. Just my opinion :)


Title: Re: Buying real estate with Bitcoin
Post by: Debonaire217 on February 06, 2020, 12:54:58 AM
It is indeed a great development if we achieve the system where real estate could be transacted using bitcoin, I have read about the news before concerning a condo unit sold using bitcoin, though, that isn't real estate or land in the first place, it is near to the achievement of transacting real estate in the future. It might have a lot of diffulty for now as there isn't any strong laws and regulation or there isn't any at all, but sooner or later, when I do really think of it as possible. Think of a record concerning an investment rather than fiat, used to buy expensive things, if that is possible, bitcoin as well should be.


Title: Re: Buying real estate with Bitcoin
Post by: carlisle1 on February 06, 2020, 01:17:12 PM

some people have done that, even when you find out, surely you will see some people selling real estate for bitcoin, so I think there are some people who want to exchange bitcoin for it, especially for those who have benefited. So far, I have seen a number of times people exchange bitcoin for real estate, and for now, it's quite easy.
what do you mean by "For Now It's Easy"?can you please explain what does it mean?

yeah using cryptocurrrency to Purchase real estate is easy but accumulating bitcoin is harder than getting fiat.
As long as the price of bitcoin is constantly changing, no one will want to sell or buy real estate in this way. It seems to me that only stablecoins can be used in this case
same thoughts here mate,why would we needed to use crypto when we can just use fiat?not unless we are overflowing of bitcoins like whales so it is easy for them to just spend this precious currency.
but for us small time holders?i will prefer using physical money than my cryptos.

Stable coins are not so reliable and since real estate business involves a lot of money, I will never risk this much amount of money in stable coins. Rather I will prefer fiat currency for the real estate business and wait for bitcoin to become more stable and less volatile.


Title: Re: Buying real estate with Bitcoin
Post by: Meowth05 on February 06, 2020, 02:35:32 PM
With the increased adoption of Bitcoin among mainstream businesses and companies alike, we've seen the possibility of exchanging our Bitcoin to tangible assets for our own benefit. The pioneer cryptocurrency has reached far enough to become recognized as a legitimate form of payment within the mainstream world. Institutional investors, and even banks have realized the benefits of Bitcoin, resulting in increased demand across the market. I've seen forex trading with Bitcoin, and even precious metal retailers which accept Bitcoin as payment.

This makes wonder whenever it's possible to buy real estate with Bitcoin? Because if it does, then there would be nothing left for Bitcoin to become used as a serious cryptocurrency for daily payments (other than scaling the Blockchain and increasing privacy). Do you think that mainstream companies or businesses will be able to accept Bitcoin for real estate? Or it is too early to tell? Any thoughts? ???
Bitcoin is seemingly getting closer to mainstream or we could simply say that is already been in adoption. Thus, I am pretty sure that there will be few businesses or companies who already have been accept this kind of monetary system. Moreover, since it is already been introduced and saw its potential I am pretty sure sure that there will be some individuals who is willing to take Bitcoin as payment for their P2P transaction. Hence, procurement of real estate via Bitcoin is therefore possible.


Title: Re: Buying real estate with Bitcoin
Post by: wwzsocki on February 06, 2020, 07:17:09 PM
Of course, one can buy real estate with Bitcoin, here one of many websites out there https://bithome.ch/.

I can't vouch for them or haven't done any research so advise to check everything before using.

There is plenty of such services on the web just search in Google: "Buying real estate with Bitcoin" and you will see/find them.

Additionally, there are already projects like Atlant which want to tokenize properties and sell them on a free market in centimeters, just imagine that.



Title: Re: Buying real estate with Bitcoin
Post by: FaithInCrypto on February 07, 2020, 01:25:30 AM
Maybe in some countries, they do accept Bitcoin as a form of payment for real estate properties but in my country, I don't think it is possible yet unless the owner is also a Bitcoin enthusiast and would prefer Bitcoin payments than fiat. So far I haven't heard someone do this in buying real estate property as the most possible way would be exchanging Bitcoin to fiat first before buying. As we all know, Bitcoin and the whole crypto is very unstable so I don't think this will be possible in the next few years or so.


Title: Re: Buying real estate with Bitcoin
Post by: Reatim on February 07, 2020, 01:49:25 AM
I don't think its possible to directly transact real estate transactions with bitcoin, too many legal issues. Maybe someone buying a car and the seller is accepting Bitcoin is something common but for real estate its not really possible to do directly.

Basically your real estate lawyer needs to get your funds to send to the sellers real estate lawyer, he most likely won't accept Bitcoin. Neither will the other lawyer. And if the seller still has a mortgage on their property the bank will want actual fiat and not Bitcoin to close the mortgage. I just don't see this being widely adopted anytime soon. Also what happens if the transaction is double spent? Exactly. Too many things can go wrong.
maybe it depends in which country we were?or who will be the buyer and seller?because since this is tackled here in crypto forum i think the main objective is to buy and sell with crypto enthusiast as well?i mean the buyer knows Bitcoin as also Seller so they can make a good dealings using Bitcoin?
sorry i am not that knowledgeable in real estate policy and rules but in my opinion that is basic to understand if both parties are Cryptonians.


Title: Re: Buying real estate with Bitcoin
Post by: dimonstration on February 07, 2020, 01:56:30 AM
I think there
Maybe in some countries, they do accept Bitcoin as a form of payment for real estate properties but in my country, I don't think it is possible yet unless the owner is also a Bitcoin enthusiast and would prefer Bitcoin payments than fiat. So far I haven't heard someone do this in buying real estate property as the most possible way would be exchanging Bitcoin to fiat first before buying. As we all know, Bitcoin and the whole crypto is very unstable so I don't think this will be possible in the next few years or so.
There are already companies who accept BTC in their real estates business though it's still limited. I remember the very famous Primalbase Project before which sold out in few days in their ICO. They are building their buildings now in different countries and investors pay thru BTC. Existing real estates companies may not accept the risk as its volatile but those who are starting can consider it as long as they know how to trade or knows how to handle the risk.


Title: Re: Buying real estate with Bitcoin
Post by: bryant.coleman on February 07, 2020, 05:25:51 AM
You can purchase real estate for Bitcoin, using sites such as Bitpremier and there is nothing unusual about it. But all these sites use a third party payment processor to immediately convert your coins to fiat currency. You are paying the amount in Bitcoin, but the prices are pegged in either United States Dollar or Euro and in the end the individual who is selling the property will be receiving the money in fiat. Due to the volatility associated with Bitcoin, it is not practical to accept it directly for such transactions.


Title: Re: Buying real estate with Bitcoin
Post by: kotajikikox on February 07, 2020, 05:27:08 AM
As long as the price of bitcoin is constantly changing, no one will want to sell or buy real estate in this way. It seems to me that only stablecoins can be used in this case
so what do you mean?it is impossible to happen that bitcoin can be used as payment method for real estate ?is that a joke mate?
there are time that Bitcoin can be a payment specially when both are crypto user the buyer and seller just like what said above me.

maybe in some fees there will be fiat concerns as the attorney and other people might need to be paid by fiat.


Title: Re: Buying real estate with Bitcoin
Post by: Abiky on February 14, 2020, 05:41:53 PM
You can purchase real estate for Bitcoin, using sites such as Bitpremier and there is nothing unusual about it. But all these sites use a third party payment processor to immediately convert your coins to fiat currency. You are paying the amount in Bitcoin, but the prices are pegged in either United States Dollar or Euro and in the end the individual who is selling the property will be receiving the money in fiat. Due to the volatility associated with Bitcoin, it is not practical to accept it directly for such transactions.

That's the real issue. Why accept Bitcoin if you're going to quickly convert it to Fiat? If Bitcoin wants to be used as a real currency for day-to-day transactions, people and mainstream businesses need to "hodl" it instead of converting it to another currency. Of course, this is largely attributed to Bitcoin's volatility in price across the market. As long as Bitcoin fluctuates in price, businesses and merchants will have no choice but to convert BTC into Fiat for financial stability.

I'd be surprised to see real estate companies accepting Bitcoin directly without having to rely on a payment processor for immediate Fiat conversion. But so far, nothing like this exists yet. I believe that the most trustworthy way to buy real estate is through BitPay. After all, it's one of the most trusted payment processors for BTC to Fiat transactions in the mainstream world. I've seen many shady companies accepting Bitcoin for payment which are not widely recognized worldwide. To my knowledge, renowned real estate companies in the US haven't accepted Bitcoin yet. So it'll take a long time before someone will be able to buy real estate confidently with their Bitcoin.

Nonetheless, time will tell us if accepting Bitcoin or any other cryptocurrency for real estate will be worthwhile. As long as the crypto/Blockchain space remains widely unregulated, mainstream real estate companies will continue to rely on Fiat payments within the mainstream world. Just my thoughts ;D


Title: Re: Buying real estate with Bitcoin
Post by: MWesterweele on February 18, 2020, 02:57:09 PM
You can purchase real estate for Bitcoin, using sites such as Bitpremier and there is nothing unusual about it. But all these sites use a third party payment processor to immediately convert your coins to fiat currency. You are paying the amount in Bitcoin, but the prices are pegged in either United States Dollar or Euro and in the end the individual who is selling the property will be receiving the money in fiat. Due to the volatility associated with Bitcoin, it is not practical to accept it directly for such transactions.

That's the real issue. Why accept Bitcoin if you're going to quickly convert it to Fiat? If Bitcoin wants to be used as a real currency for day-to-day transactions, people and mainstream businesses need to "hodl" it instead of converting it to another currency. Of course, this is largely attributed to Bitcoin's volatility in price across the market. As long as Bitcoin fluctuates in price, businesses and merchants will have no choice but to convert BTC into Fiat for financial stability.

I'd be surprised to see real estate companies accepting Bitcoin directly without having to rely on a payment processor for immediate Fiat conversion. But so far, nothing like this exists yet. I believe that the most trustworthy way to buy real estate is through BitPay. After all, it's one of the most trusted payment processors for BTC to Fiat transactions in the mainstream world. I've seen many shady companies accepting Bitcoin for payment which are not widely recognized worldwide. To my knowledge, renowned real estate companies in the US haven't accepted Bitcoin yet. So it'll take a long time before someone will be able to buy real estate confidently with their Bitcoin.

Nonetheless, time will tell us if accepting Bitcoin or any other cryptocurrency for real estate will be worthwhile. As long as the crypto/Blockchain space remains widely unregulated, mainstream real estate companies will continue to rely on Fiat payments within the mainstream world. Just my thoughts ;D
You have a point its good to hold your Bitcoin than converting it in fiat than used it for your daily liviing, also still good to have Bitcoin for long time because the value of it is increasing. Also I feel regret for not having take advantage of a situation to hold it for long time especially when the value of Bitcoin rise. I think before I buy a real estate Im make sure I have extra money through my salary from my work so that my bitcoin will remain to my wallet and hold it.


Title: Re: Buying real estate with Bitcoin
Post by: BuNga_cute on February 18, 2020, 04:53:27 PM
We could just buy real estate with bitcoin, but the conditions are whether the country where the real estate has legalized bitcoin.
If the country prohibits the use of bitcoin as a payment then this real estate transaction cannot occur. If a transaction is forced
to occur, it will involve legal problems in the future. It turned out that real estate sales were not legal.Because buying real estate
is different from buying goods, there are a number of documents that must involve government institutions.


Title: Re: Buying real estate with Bitcoin
Post by: gundala on February 18, 2020, 10:10:48 PM
I don't think its possible to directly transact real estate transactions with bitcoin, too many legal issues. Maybe someone buying a car and the seller is accepting Bitcoin is something common but for real estate its not really possible to do directly.

Basically your real estate lawyer needs to get your funds to send to the sellers real estate lawyer, he most likely won't accept Bitcoin. Neither will the other lawyer. And if the seller still has a mortgage on their property the bank will want actual fiat and not Bitcoin to close the mortgage. I just don't see this being widely adopted anytime soon. Also what happens if the transaction is double spent? Exactly. Too many things can go wrong.
It's not easier, it looks even harder. Especially if you already talk about the law. We know that bitcoin is full of controversy and its use is restricted in some countries. So this needs to be studied specifically so that it is not in vain. If fiat is more effective, why complicate it? Is not it?

Another story if the real estate provider offers alternative payments with crypto, surely they have also considered it legally. But if you remember cryptocurrency is very volatile, it's quite difficult to be used as a price reference.


Title: Re: Buying real estate with Bitcoin
Post by: FanatMonet on February 18, 2020, 10:28:47 PM
There have been offers on the market for a long time, but, for the most part, in any case, people do not yet trust such a purchase en masse. Too strong a bitcoin exchange rate can change, and if it grows, it’s good, but if it falls, then it incurs losses for the seller.


Title: Re: Buying real estate with Bitcoin
Post by: taufik0911 on February 20, 2020, 03:08:58 PM
sooner or later realestate large companies will definitely accept bitcoin or cryptocurrency. This is only a small comparison, namely a large smartphone company, that is, Samsung currently uses blockchains on its newest smartphone, it proves that cryptocurrency must be received sooner or later.


Title: Re: Buying real estate with Bitcoin
Post by: Mia44 on February 20, 2020, 03:17:17 PM
I have read an article about a car dealership in Texas, USA accepting bitcoin to pay, even a Rolls-Royce car, It is also a great asset. So using bitcoin to buy real estate is feasible, it's just a matter of sooner or later and maybe it happened.


Title: Re: Buying real estate with Bitcoin
Post by: thirdlight on February 20, 2020, 06:27:31 PM
I have read an article about a car dealership in Texas, USA accepting bitcoin to pay, even a Rolls-Royce car, It is also a great asset. So using bitcoin to buy real estate is feasible, it's just a matter of sooner or later and maybe it happened.
Somewhere around the world you can buy something to Bitcoin, just now because of market instability and not so high prices, Bitcoin is not as popular as it was in 2017.


Title: Re: Buying real estate with Bitcoin
Post by: adzino on February 20, 2020, 09:03:55 PM
We could just buy real estate with bitcoin, but the conditions are whether the country where the real estate has legalized bitcoin.
If the country prohibits the use of bitcoin as a payment then this real estate transaction cannot occur. If a transaction is forced
to occur, it will involve legal problems in the future. It turned out that real estate sales were not legal.Because buying real estate
is different from buying goods, there are a number of documents that must involve government institutions.
Isn't it obvious that you can't make purchase of real estate using bitcoin if making transaction using bitcoin or any crypto currency is illegal on that country? Its not only real estates; you won't be able to use crypto currencies for making any kind of purchase, even a cup of coffee. Again, if you are saying bitcoin is illegal just because the country has declared bitcoin as not a legal tender, then you are wrong. Not being a legal tender does not necessarily mean that usage of bitcoin is illegal. If both the parties agree to accept bitcoin as a form of payment, then you can proceed with the transaction. You can still buy real estates using bitcoin in this case.


Title: Re: Buying real estate with Bitcoin
Post by: BigBos on February 21, 2020, 07:13:30 AM
I have read an article about a car dealership in Texas, USA accepting bitcoin to pay, even a Rolls-Royce car, It is also a great asset. So using bitcoin to buy real estate is feasible, it's just a matter of sooner or later and maybe it happened.
for now, buying a car using bitcoin is very common, even many online sites make that kind of thing. however, this means we can use bitcoin to buy another real estate. I also know many people who bought real estate from Bitcoin in 2017.
I don't know if this site is authentic or not, but I see they sell cars with bitcoin.  BItcars (https://bitcars.eu/)


Title: Re: Buying real estate with Bitcoin
Post by: lizarder on February 21, 2020, 07:32:39 AM
I think it can be done, if all real estate parties understand bitcoin. Unfortunately, in the real estate company there are still many who do not understand bitcoin, so it is very difficult to explain them from the start ... !!

I think it is only a matter of time for the real estate entrepreneur to open himself up to the opportunity for bitcoin to come in as a payment other than FIAT, because as we know in the automated world itself, now it has begun to apply for payments via bitcoin, so it is not impossible in the future real estate could be one part of bitcoin entering their business world


Title: Re: Buying real estate with Bitcoin
Post by: carlisle1 on February 21, 2020, 07:35:32 AM
sooner or later realestate large companies will definitely accept bitcoin or cryptocurrency. This is only a small comparison, namely a large smartphone company, that is, Samsung currently uses blockchains on its newest smartphone, it proves that cryptocurrency must be received sooner or later.
they will surely do because the trend is coming and cryptocurrency are really entering each areas of investments,so how come that real estate can deny the offering of much better profit than fiat?
I think it can be done, if all real estate parties understand bitcoin. Unfortunately, in the real estate company there are still many who do not understand bitcoin, so it is very difficult to explain them from the start ... !!

I think it is only a matter of time for the real estate entrepreneur to open himself up to the opportunity for bitcoin to come in as a payment other than FIAT, because as we know in the automated world itself, now it has begun to apply for payments via bitcoin, so it is not impossible in the future real estate could be one part of bitcoin entering their business world
they are still looking for assurance because the volatility is really hindering them to accept the Bitcoin as payment but sooner?when realization comes?i am sure they will accept crypto as payment and they will also invest inside our market for another profiteering.