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i'm moving up next year, and i wont have to sell any bitcoins, can't wait!
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do i have make a song and dance? buy you fools!  |
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if i rent for 25years i end with nothing.
if i buy and pay mortgage for 25years i end with a house.
who in there right mind would rent?
If renting is a fraction of the cost of buying, you could use the extra money to enjoy a higher standard of living for those 25 years. Maintaining a home can also be quite expensive (ignoring the purchase cost). Adam, I'm starting to wonder exactly how old you are. Because if you have lived life long enough (to at least age 40-ish), and have spent some amount of time in an "expensive" house, you would understand the realized absurdity of that statement. When you experience it for yourself, you'll finally "get it". i have a tiny condo wana trade? i want to "get it" BS a nice house doesn't improve standard of living, BS |
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Hmmm, I kind of liked it with Chartbuddy having his own thread. Anyone else? Was it the OP or a moderator who shut down the troll observer (Chartbuddy observer) thread?  Someone locked the chartbuddy thread. I'll stick his, uh, my posts back here shortly but it might be about time for another poll.
It was locked by an administrator. we need a decentralized form. i will build it with my ether anyone wana buy my ether? |
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if i rent for 25years i end with nothing.
if i buy and pay mortgage for 25years i end with a house.
who in there right mind would rent?
If renting is a fraction of the cost of buying, you could use the extra money to enjoy a higher standard of living for those 25 years. Maintaining a home can also be quite expensive (ignoring the purchase cost). but living in a really expenvice house = higher standard of living |
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long term housing can only go up... and even if thats not true, consider your options, throwing away money on rent?
But everybody pays rent. You either pay it to yourself (in lieu of the money you would receive from a tenant), or you pay it to a landlord. In an efficient market, it shouldn't really make a difference whether you buy or rent. The fact that it has made a difference (and a huge difference at that) shows how out of whack the housing market has become over the last few decades. I also don't think it's true that long term housing can only go up. Shiller has over a century of evidence to refute this:  I think the statement "housing is a good investment" is a myth that started with the baby boomer generation because this is the only generation that the statement has been unequivocally true for. if i rent for 25years i end with nothing. if i buy and pay mortgage for 25years i end with a house. who in there right mind would rent? who cares what the market is doing? BUY BUY BUY! |
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It'll probably take a break in the gold market to get the ball rolling.
let it drop!  Although a move by gold investors could easily transform the bitcoin market, only a tiny percentage of investors hold PMs in their portfolios. I would much rather see the other 99% (or whatever figure it actually is) buy into BTC or it will remain as obscure as gold. BTC offers so much more then gold. and now with all these big names accepting it, it will surely not be as obscure as gold. wtf is taking so long? anything below 10K is dirt cheep! buy Buy BUY!!! |
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It's a battle to get my friends and family to understand that high housing costs are an overall negative to the economy; they see it as an investment and investments should go up in value. And even though the market has been fairly flat the last several years here in Vancouver, it's accepted as fact that prices will continuously appreciate--a long decline in housing costs is not even in the realm of possibility in the minds of the majority here.
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long term housing can only go up... and even if thats not true, consider your options, throwing away money on rent? buying a house the second a bank will let you barrow is sound financial advice, no matter what the market is doing. I agree poeple can't view housing as investment, its not, its a store of value a damn good one. Actually, if you believe Bitcoin is destined to replace the usd, then you should be buying a house. After all, you do it with a loan. believing your own beliefs as fact is DANGEROUS. so no. i say this and i bought a house in 2011 and then bought 25$ of bitcoin because i was broke at the time. lol fuck my life. Mind you, I'm not saying buy a house right now as there are some signs its rolling but the long term point I was making still holds, IF you believe fiat is doomed. fiat is designed to lose 90% of its value every 50-100 years. doom is coming. |
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It's a battle to get my friends and family to understand that high housing costs are an overall negative to the economy; they see it as an investment and investments should go up in value. And even though the market has been fairly flat the last several years here in Vancouver, it's accepted as fact that prices will continuously appreciate--a long decline in housing costs is not even in the realm of possibility in the minds of the majority here.
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long term housing can only go up... and even if thats not true, consider your options, throwing away money on rent? buying a house the second a bank will let you barrow is sound financial advice, no matter what the market is doing. I agree poeple can't view housing as investment, its not, its a store of value a damn good one. Actually, if you believe Bitcoin is destined to replace the usd, then you should be buying a house. After all, you do it with a loan. believing your own beliefs as fact is DANGEROUS. so no. i say this and i bought a house in 2011 and then bought 25$ of bitcoin because i was broke at the time. lol fuck my life. |
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It'll probably take a break in the gold market to get the ball rolling.
let it drop! |
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It's a battle to get my friends and family to understand that high housing costs are an overall negative to the economy; they see it as an investment and investments should go up in value. And even though the market has been fairly flat the last several years here in Vancouver, it's accepted as fact that prices will continuously appreciate--a long decline in housing costs is not even in the realm of possibility in the minds of the majority here.
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long term housing can only go up... and even if thats not true, consider your options, throwing away money on rent? buying a house the second a bank will let you barrow is sound financial advice, no matter what the market is doing. I agree poeple can't view housing as investment, its not, its a store of value a damn good one. |
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ah dang TA says sell all now b4 it crashes 1/2 a percent. |
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Is that the easiest way to Legendary status
-1 |
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Hmmm, I kind of liked it with Chartbuddy having his own thread. Anyone else? Was it the OP or a moderator who shut down the troll observer (Chartbuddy observer) thread? +1 |
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Let's be serious here, U.S Government employees are everywhere, on this forum, on chatsites, even chaterbate.
lmfao |
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when it was happening the general idea was that it would have no effect on price since we all knew it was going to happen long b4 it happened, it wasn't unexpected and there for "priced in" and that bitcoin was going up for far more compelling reasons.
i agree with this.
and its still true, we all know there will be less coins mined over time, it is infact a reason why people buy bitcoin in the first place (limited supply) therefor priced in at all times.
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^ I learnt that lesson the hard way. A year of stress every dip in price. Then I sold some and left the fiat on the exchange. Now when it drops I think "yay cheap coins!" Don't you worry about the exchange getting hacked and losing your money? unlike mtgox stamps knows how to multi sig cold storage properly. |
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