Bitcoin Forum
June 21, 2024, 06:49:35 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Speculation / Re: I'm All In - Sold My House! on: June 13, 2016, 11:54:19 PM
Just checking back today.

** Update **

I am still around.

I still have all my bitcoin.

If you check the original posting from 2 years ago, I did indeed sell my house for Bitcoin, and there are links to the actual news articles.

I currently live in Toronto now, and rent a house with friends.

The price of Bitcoin is currently at close to $700US or $900 CDN.

My original investment is worth $598,000 CDN.

My initial investment is up nearly 50% since I purchased Bitcoin 2 years ago.

Cheers,

Tay More
2  Economy / Speculation / Re: I'm All In - Sold My House! on: December 16, 2015, 05:23:46 AM
Well, well, well... I am back for an update.

Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!

HODL!

Happy Holidays and Happy New Year,

Tay More
3  Economy / Speculation / Re: I'm All In - Sold My House! on: June 01, 2014, 04:32:09 PM
I am back Smiley Been busy doing other things since I sold my house for bitcoin, and haven't really been following the price that closely. I check every so often and lo and behold it is back to $660+ right now!!!!!!! Well it looks like my $400K investment is going to make me a millionaire very soon. Now back to what I was doing... enjoying life.
4  Economy / Speculation / Re: I'm All In - Sold My House! on: March 09, 2014, 06:20:47 PM
Nobody wanted to buy it for either dollars or bitcoin. I tried believe me. It was nearly impossible to sell for bitcoin because I had to get 3 lawyers, and the real estate lady (originally it was a private sale), and it had to be $1 plus the bitcoin, as bitcoin are not legal tender in Canada so can't be used as 'consideration' in financial transactions. By the time all the smoke cleared I got 648 btc. But if it is going to $10/$100K per coin like the Winkle guys are saying and many others, then I am set for life regardless of how many I got Smiley
5  Economy / Speculation / I'm All In - Sold My House! on: March 09, 2014, 06:01:52 PM
Hi All,

I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.

http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html

Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck Smiley

Tay More
6  Economy / Speculation / Re: Where is GOX going? on: February 13, 2014, 04:35:42 AM
Gox is currently in the process of running batch programs to transfer all BTC within there domain outside. They are not currently allowing transactions from a MtGox bitcoin wallet to an external bitcoin address. This is so that users can continue to see false information as to their balances while they pilfer the loot. They will be posting shortly that due to a technical problem beyond their control all is lost. They are currently allowing transfers of BTC between Gox addresses, as those are fake and within their control. They are also allowing currency withdrawals (Yen, Euro, etc.) as those are government backed currencies and stealing those will get you jailed. Disappearing BTC is not new, and not a single person has ever been arrested for pilfering BTC and never will. So where is BTC going, I'll tell you, it is going, going, gone baby, and the MTGox people are already on a plane to someplace nice and warm Wink
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!