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jossiel
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September 21, 2016, 04:11:14 AM |
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I bought my house when BTC was around $200, would have been much better off getting a mortgage and paying it over time.
well to be honest you are right because you would have made way more money if you held those bitcoins till now So if he bough a lot of bitcoins by that time and became more patient until today for sure the worth is wait and possibly you are able two house. And this is my dream to buy my own house where I can live peacefully and I am the one that is going to design the whole house for my own's sake. I hope the price is going to reach higher so that I can buy my own house. |
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hawkins
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September 21, 2016, 04:25:02 AM |
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Well, I'm thinking of buying a house with bitcoin bitcoin someday if I am already very much, for now I think the focus on business is a very good thing to do. but if you already have a lot of bitcoin and was enough to buy a modest house, I think it is the right time to buy a house, because it was also referred a long-term investment
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madwica
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September 21, 2016, 05:31:51 AM |
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Well if you have the money to buy a house and you need a house, I see no reason coming to this forum to seek advice. Just go and buy the house!   Agree with you, If you do not have a house and you have enough money just buy it and start to collect more bitcoin again and buy another things that you need if you already have enough bitcoin in your bitcoin wallet. |
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bitcoinisbest
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September 21, 2016, 05:36:49 AM |
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How many bitcoin do you have that after selling you will be able to get a house. Also it will depend upon where you buying and how much area of the house you want to buy to get the house
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goldcoinminer
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September 21, 2016, 06:01:38 AM |
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How many bitcoin do you have that after selling you will be able to get a house. Also it will depend upon where you buying and how much area of the house you want to buy to get the house
The most important factor to determine that is the value of bitcoin when the time you will sell your bitcoins, regardless of the number of bitcoin you are holding but the value will not increase you will still not be able to buy a house, let us just continue to save and hope the value will rise in the future so the right time will come for us to buy. |
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blackmachinegun
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September 21, 2016, 06:14:05 AM |
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How many bitcoin do you have that after selling you will be able to get a house. Also it will depend upon where you buying and how much area of the house you want to buy to get the house
I think if in view of bitcoin prices are in the range of $ 600 might you need at least 30 BTC to be able to buy a simple house pretty good. I think it would depend on the rate of bitcoin at that time. certainly when bitcoin prices to go up. you need a little bitcoin dude |
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icecube45
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September 21, 2016, 06:15:52 AM |
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Maybe if bitcoin rose very high into 1btc worth $ 3,000 that will be able to buy a home with ease, even with only collect only we could get home. It could be better if bitcoin prices continued to improve.
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mirakal
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September 21, 2016, 07:43:56 AM |
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Maybe if bitcoin rose very high into 1btc worth $ 3,000 that will be able to buy a home with ease, even with only collect only we could get home. It could be better if bitcoin prices continued to improve.
And let us hope it will happen soon because there is no sense if we buy a house if we cannot live it, you know we are getting older while we are waiting for the price of bitcoin to rise and though majority of us are optimistic for that to happen but we need more time I guess. |
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Betwrong
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September 21, 2016, 07:52:43 AM |
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I bought my house when BTC was around $200, would have been much better off getting a mortgage and paying it over time.
well to be honest you are right because you would have made way more money if you held those bitcoins till now Maybe yes, but who knows for sure what is the right time to spend your coins. If he bought them for $50 and sold for $200 he already had a good profit. That's one the reasons why Bitcoin is not rising indefinitely - people who bought for a lesser price than at the moment start selling their coins. |
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Newcoins2020
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September 21, 2016, 08:08:39 AM |
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If Bitcoin goes up very high should i buy a house?
Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
I agree with the idea of buying a home, but if you already have a nice house, can buy others such as land, or others. And it would be better to buy only needed, and the rest can be saved for future savings. because we do not know what the financial problems we will face in the future. Of course, what is the reason of buying another house when that will only become a dead investment. You have no idea how expensive to maintain a big house, so it that will not generate money for you, you are losing on a daily basis, so we really need to think wisely on how to manage our finances once we make money from bitcoin. If you buy another house as a investment, that will be a worse investment than the bitcoin as bitcoin will rise faster. At a certain point it will stop rising which means your house will be worth more, it will cut out monthly costs and it will be an okay investment. I think it's worth it to buy a house but I don't think bitcoin will get that far though. |
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martinacar
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September 21, 2016, 08:16:04 AM |
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Yeah buy a house if you want but it would be really something if you would be able to buy a house with the money that you have earned from Bitcoin.
But if you can make it happen then more power to you.
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bryant.coleman
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September 21, 2016, 11:56:27 AM |
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Well if you have the money to buy a house and you need a house, I see no reason coming to this forum to seek advice. Just go and buy the house! Housing is one of the bare necessities of life. How long are you going to live in rented accommodation? I know this, because I burned through most of the savings to construct my home... and even now I am in debt because of it. But I don't regret my decision... I could have deferred my plans and kept my equities and mutual funds... But then I would be living a miserable life in some rented apartment... |
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Positid
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September 21, 2016, 01:24:52 PM |
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Well if you have the money to buy a house and you need a house, I see no reason coming to this forum to seek advice. Just go and buy the house! Housing is one of the bare necessities of life. How long are you going to live in rented accommodation? I know this, because I burned through most of the savings to construct my home... and even now I am in debt because of it. But I don't regret my decision... I could have deferred my plans and kept my equities and mutual funds... But then I would be living a miserable life in some rented apartment... It is still good to have your own house as that would prove that you are doing everything to earn for you and for your family, me, I have a house already but it was not easy having it because I need to work double time in my day job and online work. |
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winspiral
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September 21, 2016, 02:09:14 PM |
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Re: If Bitcoin goes up very high should i buy a house?
if Bitcoin goes up very high you should even buy 2 or 3 houses. |
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gigi160303
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September 29, 2016, 11:46:02 AM |
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It depends on your needs and the market economy. If you need to solve a personal problem, you can buy a house. If the housing market is objective, you can also buy a house for investment.
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icecube45
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September 29, 2016, 03:37:36 PM |
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Maybe if bitcoin rose very high into 1btc worth $ 3,000 that will be able to buy a home with ease, even with only collect only we could get home. It could be better if bitcoin prices continued to improve.
And let us hope it will happen soon because there is no sense if we buy a house if we cannot live it, you know we are getting older while we are waiting for the price of bitcoin to rise and though majority of us are optimistic for that to happen but we need more time I guess. Yes it does take a very long time. Waiting for prices to rise so they can buy a house it is still very far away and bitcoin must continue to evolve. I'm sure if bitcoin progress from time to time it's definitely achievable. But it should take very long. |
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Bardman
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September 29, 2016, 04:50:27 PM |
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I dont know about other countries but here in Spain my house that was worth around 150k € now can be bought by 50k so right now if you have money buying a house is definitely a good idea one or two or how many you can afford really since the price can't really fall down more than this
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serjent05
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September 29, 2016, 05:20:51 PM |
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Well, I'm thinking of buying a house with bitcoin bitcoin someday if I am already very much, for now I think the focus on business is a very good thing to do. but if you already have a lot of bitcoin and was enough to buy a modest house, I think it is the right time to buy a house, because it was also referred a long-term investment
I agree, we have the right to dream and it is really needed so we have inspiration in life. But to make this dream come true we should have all the materials needed to fulfill it. If we are lacking something then we have to work for it. Just waht hawkins said, if you have not much of bitcoin then, don't wait for it to become 10,000x higher instead work for it to multiply a thousand fold. |
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StarofBTC
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September 29, 2016, 07:38:51 PM |
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Well, I'm thinking of buying a house with bitcoin bitcoin someday if I am already very much, for now I think the focus on business is a very good thing to do. but if you already have a lot of bitcoin and was enough to buy a modest house, I think it is the right time to buy a house, because it was also referred a long-term investment
I agree, we have the right to dream and it is really needed so we have inspiration in life. But to make this dream come true we should have all the materials needed to fulfill it. If we are lacking something then we have to work for it. Just waht hawkins said, if you have not much of bitcoin then, don't wait for it to become 10,000x higher instead work for it to multiply a thousand fold. Yes, having big dreams based on bitcoin is not wrong. But having only dream with bitcoin but not taking any necessary steps must be wrong. We need to work hard in order to have enough bitcoins to fulfil our dreams. Without hard work we will not be successful even we are having the better system bitcoin. To have our team into real, we must work hard to have all the required things particularly more number of bitcoins. |
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