A person called "Fontas" was possibly behind most of the LTC pump. He has a reputation for being fairly effective. You can send him 4 BTC to join his pump group. https://www.tradingview.com/u/Fontas/That's quite the business model he has going there. But yeah, I have heard a alot about him on the btce trollbox, where he enjoys legendary status! |
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Hope, so far you have come to an conclusion with more than hundreds of comments as suggestions and solutions for your Query regards to buying a house in Amsterdam. Wish you Good Luck in your purchase deal, stay sweet and happy at Home  The most expensive canal ring is Herengracht (pronounced Heragrach, if my dutch serves me). I linked a fun study earlier in the thread about the prices on there. If you want a look, check out www.funda.nl- it has an english option and see prices for yourself. You can find studios on the outer canal rings for as little as 120k eur- granted they will be rabbit hutches, but probably not a bad long term investment. I recently saw a 135k 20m square studio on the canal ring after Herengracht- extremely nice finish (wasn't even freehold, was on a municipal lease), went in less than a week. I actually live in a canal house (again I consider myself extremely lucky), it's pretty cool! Apart from the general noise at night it's a beautiful view when it's not raining- actually sometimes even when it is too But yeah 2 million euros isn't even the lowest end of what large apartments in the more beautiful parts of the centre can cost. There are some truly incredible properties available. Another anecdote- a corner house on Herengracht facing the Amstel river was renovated, and all of the flats went in less than a week. Some property developers are making out like bandits right now. In a few years everything in Europe will be dropping below at least 50% of its current price, including salaries. Wait. I'm as conflicted as ever. But I hope this thread can serve as a good reference for anyone else considering this. |
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When did you come? The city has cleaned up considerably in the last 5 years. It is very easy to get lost in the centre if you are not familiar with it, the islands and canals all end up looking the same! I'm talking about being outside of the centre specifically, but even that is relatively safe when compared, for example with New York or London. The most expensive canal ring is Herengracht (pronounced Heragrach, if my dutch serves me). I linked a fun study earlier in the thread about the prices on there. If you want a look, check out www.funda.nl- it has an english option and see prices for yourself. You can find studios on the outer canal rings for as little as 120k eur- granted they will be rabbit hutches, but probably not a bad long term investment. I recently saw a 135k 20m square studio on the canal ring after Herengracht- extremely nice finish (wasn't even freehold, was on a municipal lease), went in less than a week. I actually live in a canal house (again I consider myself extremely lucky), it's pretty cool! Apart from the general noise at night it's a beautiful view when it's not raining- actually sometimes even when it is too But yeah 2 million euros isn't even the lowest end of what large apartments in the more beautiful parts of the centre can cost. There are some truly incredible properties available. Another anecdote- a corner house on Herengracht facing the Amstel river was renovated, and all of the flats went in less than a week. Some property developers are making out like bandits right now. I was there in the spring of 2011, after visiting France, Spain and Portugal. We stayed very close to Prinsengracht...spelling might be wrong, but you'll probably know what I'm talking about. Yeah when I first got there, it was already dark and you're right in that many of the street corners looked very similar. It was a very mind opening trip...and I look forward to another Eurotrip including Amsterdam again. Thanks for the link...I checked out a few properties but will need to spend some more time on the site to see what is available at different price ranges, but the properties that I saw look nice for the price. Glad to be of help, send me a message if you're ever in Amsterdam |
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These are looking awesome! Great work |
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Amsterdam is one of the nicest cities I've been to, and would love to go back there, even to live for a year or two.
I'd do a quick financial scenario analysis between renting and buying and keep an eye on what's available for sale on the market.
I think I'm in a little bit of a middle class bubble here compared to the rest of the Netherlands, despite the crime being highest here compared to the rest of the country I haven't had much trouble, but I am lucky enough to live in the centre right now. Is crime an issue there? I was only there for a week a couple years back, but every interaction I had with anyone was pleasant. So are you currently renting the place that you're in? Another option would be to entertain the thought of buying a place with income producing potential. I'm currently searching for this type of property in Toronto. Crime isn't really an issue, no. Crime is highest in Amsterdam in all the netherlands. If you are wise you will not put yourself in harms way. Junkies and criminals are not a major worry, I do not go out late or wander the city in the early hours so I almost never encounter them. There are plenty of gross men out and about of all nationalities, which accost any women. It's pathetic behaviour and gives extremist feminists more ammunition, from the way I've seen some disgusting assholes act I almost don't blame them. When I first got to Amsterdam, it was around midnight and I didn't really know what it would be like. Anyways I went for what I thought would be a short walk around the area by myself, which turned into a long walk because I got lost lol. I found it to be very safe, and most nights we walked around for hours. As long as the more negative interactions are exceptions, you can find that even in the best of cities. The canal houses we saw were absolutely beautiful. Do you know the price range for the ones on the canal, and maybe on smaller streets? I saw a show that had some Americans moving to Amsterdam in houses ranging from 600k a little further out to 2.2MM on the canal. When did you come? The city has cleaned up considerably in the last 5 years. It is very easy to get lost in the centre if you are not familiar with it, the islands and canals all end up looking the same! I'm talking about being outside of the centre specifically, but even that is relatively safe when compared, for example with New York or London. The most expensive canal ring is Herengracht (pronounced Heragrach, if my dutch serves me). I linked a fun study earlier in the thread about the prices on there. If you want a look, check out www.funda.nl- it has an english option and see prices for yourself. You can find studios on the outer canal rings for as little as 120k eur- granted they will be rabbit hutches, but probably not a bad long term investment. I recently saw a 135k 20m square studio on the canal ring after Herengracht- extremely nice finish (wasn't even freehold, was on a municipal lease), went in less than a week. I actually live in a canal house (again I consider myself extremely lucky), it's pretty cool! Apart from the general noise at night it's a beautiful view when it's not raining- actually sometimes even when it is too But yeah 2 million euros isn't even the lowest end of what large apartments in the more beautiful parts of the centre can cost. There are some truly incredible properties available. Another anecdote- a corner house on Herengracht facing the Amstel river was renovated, and all of the flats went in less than a week. Some property developers are making out like bandits right now. |
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Excellent work, chessnut!
Yep. glad to have been following this thread! |
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So as a clarification, I decided to close my position when only BFX was crashing and it looked like a possible flash crash that might be affecting only one market. BTCe and the Chinese markets were all holding relatively steady.
According to WhaleClub chat there was a DDOS attack on several exchanges.
How about that 20 hour prediction =)
Was indeed a good call! This is the most bullish action we have seen in months. Exciting times. |
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Real estate is on an all time low period. So it doesn't really matter where you put your money to. Since , Berlin is the new hotspot of investors ,go for it. Also you should compare the construction rates , and mobility from your property. Real estate will take up some time to grow , but gradually it will climb up. Amsterdam also has a few rules , which were liberalized recently.
I agree, I think real estate prices are low, probably cant go too much lower. Also interest rates are at historic lows. A house is a long term investment, for me it was a no brainer. Good luck with your house hunt. Thanks MF. Amsterdam is one of the nicest cities I've been to, and would love to go back there, even to live for a year or two.
I'd do a quick financial scenario analysis between renting and buying and keep an eye on what's available for sale on the market.
I think I'm in a little bit of a middle class bubble here compared to the rest of the Netherlands, despite the crime being highest here compared to the rest of the country I haven't had much trouble, but I am lucky enough to live in the centre right now. Is crime an issue there? I was only there for a week a couple years back, but every interaction I had with anyone was pleasant. So are you currently renting the place that you're in? Another option would be to entertain the thought of buying a place with income producing potential. I'm currently searching for this type of property in Toronto. Crime isn't really an issue, no. Crime is highest in Amsterdam in all the netherlands. If you are wise you will not put yourself in harms way. Junkies and criminals are not a major worry, I do not go out late or wander the city in the early hours so I almost never encounter them. There are plenty of gross men out and about of all nationalities, which accost any women. It's pathetic behaviour and gives extremist feminists more ammunition, from the way I've seen some disgusting assholes act I almost don't blame them. |
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We just had another demonstration with LTC in how to get rich.
1) Hold something that is starting to look dead and cheap as hell
2) Pray St Satoshi that it gets a good pump
3) Hold during the pump and pray again at St Satoshi that you dump at the top
It seems this opportunity already sailed, unless you want to gamble and think that LTC will go back to the last ATH..
if there is one thing I've learned is that there is always more opportunity down the road |
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I did read that. It's a worrying forecast indeed. Amsterdam is one of the nicest cities I've been to, and would love to go back there, even to live for a year or two.
I'd do a quick financial scenario analysis between renting and buying and keep an eye on what's available for sale on the market.
Amsterdam is a fine city, and it is also popular for its economy. Flow Traders, a Dutch high-frequency trading firm, will list on the Amsterdam stock exchange today at 32 euros ($35.28) per share, valuing the company at around 1.5 billion euros. There are slightly more than 16 million shares involved, which means they invested 35 % of their business in it. Amsterdam is my dream city to live in, man. Yep, I try to appreciate it everyday- it is stunning in the summer. |
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what an interesting thread, I also looking at amsterdam and also possibly thinking long term house but haven't started looking at any details yet. I am still a brit in the UK lol
glad you like it beak. As you have read there are a lot of factors to consider in the Netherlands- perhaps more than in the UK in terms of regulation and also in regards to any tenants you may rent a property out to. The standard BTL mortgages are also pretty tight in the terms (I think 40% deposit is required for any rental mortgage). The difference in price is ridiculous when compared to the UK, but salaries are lower here so that is reflected even in the centre- there is a pretty exponential curve on the canal rings where all the million euro luxury apartments are though, but if you're an expat I think that most earn above average and it seems most people live comfortably here, at least in Amsterdam. |
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Amsterdam is one of the nicest cities I've been to, and would love to go back there, even to live for a year or two.
I'd do a quick financial scenario analysis between renting and buying and keep an eye on what's available for sale on the market.
I think I'm in a little bit of a middle class bubble here compared to the rest of the Netherlands, despite the crime being highest here compared to the rest of the country I haven't had much trouble, but I am lucky enough to live in the centre right now. |
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I received my copy ~24 hours back, forgot to stop by and say that this book is splendid, its very detailed and highly valuable.
Downloaded and printed my PDF copy for reading, granted the printer jammed halfway through with the duplex printing but that's a risk I was willing to take.  Well written and I am thoroughly enjoying the read! Thanks for the kind words guys! I'm glad that you are enjoying it |
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bigtimespaghetti, remember I warned you not to go into the London property market and said it would collapse into October 2015 (before I advised you to take the career change leap to Netherlands which appears to be working out great for you ... I see your new ebook on minting). The London Property Market is CrashingNote I was posting as "iamback" upthread. I am the former user AnonyMint. hey TPTB! I have been following your many username iterations I've been too busy lately to follow your latest postings though I'm afraid, I'm glad to see that you're still active. Thanks for the link, UK has been showing all the signs of another bubble, but I haven't been following it too closely. Yes, things are lovely here in Amsterdam. The job was probably exactly the thing for me, not to mention the adventure and challenge of living in a different country. The book has been a side project for the last year, I'm glad to have it finished! |
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Updated the OP with all the information- links ect.. Print, PDF or Ebook format available |
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That LTC is bonkers. It's one hell of a spike. Closed my long waaay too early :-/
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Just purchased and downloaded a pdf copy and must say I'm very impressed, you've done a really good job there . Cheers hedgy! I'm glad you like it. |
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PDF copy now available directly by messaging me and also on lulu. Pricing info on the OP! |
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