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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133884 times)
Zadicar
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October 01, 2016, 01:58:59 PM
 #1181

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.

Yes, i agree with you, if our dream depend on only Bitcoin so it has clear mean that we should hard work with bitcoin, if we want to get reward from bitcoin. Otherwise only depend on thinking that i have bitcoin and one day it give me a big profit, So i think it is useless. 

Plan without actions would be  useless for sure, If we do have long term  plans  on bitcoin we  must start now to save  up  more bitcoin  to fulfill that dream but  as we all know  bitcoins  price is  unpredictable thats why  we are  a little  bit hesitant to go full invest with it.

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October 01, 2016, 11:58:00 PM
 #1182

yes you can really buy a house from the income of bitcoin if its price raise so high, but it depend on two factors one is that how much bitcoin you have and the second is that what is the price value of the place where you want to buy a house.
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October 02, 2016, 12:09:55 AM
 #1183

If that happens you are going to want to avoid taxes. Cashing it all out will have significant capital gains and having a mortgage can have a lot of tax benefits. Definitely do your research  Smiley

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October 02, 2016, 07:39:04 AM
 #1184

If that happens you are going to want to avoid taxes. Cashing it all out will have significant capital gains and having a mortgage can have a lot of tax benefits. Definitely do your research  Smiley
Well, bitcoin is tax free so you are lucky if someone will allow to sell their house for bitcoin, but I have a doubt in the future a problem may arise on the legality of the transaction because bitcoin is not a legal tender therefore it is hard to make a deed of sale for the transaction.

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October 02, 2016, 07:58:53 AM
 #1185

If that happens you are going to want to avoid taxes. Cashing it all out will have significant capital gains and having a mortgage can have a lot of tax benefits. Definitely do your research  Smiley
Well, bitcoin is tax free so you are lucky if someone will allow to sell their house for bitcoin, but I have a doubt in the future a problem may arise on the legality of the transaction because bitcoin is not a legal tender therefore it is hard to make a deed of sale for the transaction.

You have a  point though ,  it would be  a  big problem regarding  on legalization  because bitcoin   is not a legal tender but  still you could  make  transactions between you and the seller and  just make  a notary on the said  thing. As long you secured about  the transaction then there would be no problem at all.

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October 02, 2016, 08:16:52 AM
 #1186

If that happens you are going to want to avoid taxes. Cashing it all out will have significant capital gains and having a mortgage can have a lot of tax benefits. Definitely do your research  Smiley
Well, bitcoin is tax free so you are lucky if someone will allow to sell their house for bitcoin, but I have a doubt in the future a problem may arise on the legality of the transaction because bitcoin is not a legal tender therefore it is hard to make a deed of sale for the transaction.

You have a  point though ,  it would be  a  big problem regarding  on legalization  because bitcoin   is not a legal tender but  still you could  make  transactions between you and the seller and  just make  a notary on the said  thing. As long you secured about  the transaction then there would be no problem at all.
There are ways to make it legal but there was not transaction between the seller and the buyer, you know what the government are really after for the tax especially when you are selling your property, that is a big tax liability their for your income, so bitcoin gives us the benefits but the problem is the legality.
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October 02, 2016, 09:31:01 AM
 #1187

yes you can really buy a house from the income of bitcoin if its price raise so high, but it depend on two factors one is that how much bitcoin you have and the second is that what is the price value of the place where you want to buy a house.
you are right that we can buy a house through bitcoin income or profit if we hold our bitcoin for high price and then we get a profit from bitcoin and it can be possible to buy a house by bitcoin profit.
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October 02, 2016, 09:32:24 AM
 #1188

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 don't think that it matters how you will spend these bitcoins, but you have to spend them. buy a house, buy a car buy something, as usually when price grows it crashes down time later

 
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October 02, 2016, 09:54:38 AM
 #1189

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 don't think that it matters how you will spend these bitcoins, but you have to spend them. buy a house, buy a car buy something, as usually when price grows it crashes down time later

ahah, all things that we can buy in the bitcoin is something incredible. For we do not need to bring in real money and we can only use the internet after it sends into account bitcoin seller. But it won't happen for a while now, because it's still in the growth stage of the bitcoin and strengthen the Foundation of the
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October 02, 2016, 10:30:02 AM
 #1190

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 don't think that it matters how you will spend these bitcoins, but you have to spend them. buy a house, buy a car buy something, as usually when price grows it crashes down time later

ahah, all things that we can buy in the bitcoin is something incredible. For we do not need to bring in real money and we can only use the internet after it sends into account bitcoin seller. But it won't happen for a while now, because it's still in the growth stage of the bitcoin and strengthen the Foundation of the
There are no major merchants in the internet that accepts bitcoin so we cannot enjoy our bitcoin if we are a big spender, in my case I just cash it out and just go to the mall and buy my needs and wants using fiat. On the other hand, I also spend big on gambling online so I already help on the market circulation of bitcoin.

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October 02, 2016, 11:50:36 AM
 #1191

yes you can really buy a house from the income of bitcoin if its price raise so high, but it depend on two factors one is that how much bitcoin you have and the second is that what is the price value of the place where you want to buy a house.
you are right that we can buy a house through bitcoin income or profit if we hold our bitcoin for high price and then we get a profit from bitcoin and it can be possible to buy a house by bitcoin profit.

Of course that is going to be possible if you are going to work for bitcoin and first you must make buying your own house as your main goal for your work.

And if you are able to manage all of your source of income and you have been holding bitcoins for a longer time and you have bought it when the price is still low.

Then buy your own house because that is the best investment in our life.

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October 02, 2016, 11:56:00 AM
 #1192

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 don't think that it matters how you will spend these bitcoins, but you have to spend them. buy a house, buy a car buy something, as usually when price grows it crashes down time later

ahah, all things that we can buy in the bitcoin is something incredible. For we do not need to bring in real money and we can only use the internet after it sends into account bitcoin seller. But it won't happen for a while now, because it's still in the growth stage of the bitcoin and strengthen the Foundation of the
There are no major merchants in the internet that accepts bitcoin so we cannot enjoy our bitcoin if we are a big spender, in my case I just cash it out and just go to the mall and buy my needs and wants using fiat. On the other hand, I also spend big on gambling online so I already help on the market circulation of bitcoin.

We are the same i just cash it out and buy some foods or stuff online that could help me Cheesy Thats right we should contribute to the cycle of bitcoin not like holding it for long time and sell because that could affect the bitcoin cycles it  should be cycle give and take,
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October 02, 2016, 12:08:13 PM
 #1193

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 don't think that it matters how you will spend these bitcoins, but you have to spend them. buy a house, buy a car buy something, as usually when price grows it crashes down time later

ahah, all things that we can buy in the bitcoin is something incredible. For we do not need to bring in real money and we can only use the internet after it sends into account bitcoin seller. But it won't happen for a while now, because it's still in the growth stage of the bitcoin and strengthen the Foundation of the
There are no major merchants in the internet that accepts bitcoin so we cannot enjoy our bitcoin if we are a big spender, in my case I just cash it out and just go to the mall and buy my needs and wants using fiat. On the other hand, I also spend big on gambling online so I already help on the market circulation of bitcoin.

We are the same i just cash it out and buy some foods or stuff online that could help me Cheesy Thats right we should contribute to the cycle of bitcoin not like holding it for long time and sell because that could affect the bitcoin cycles it  should be cycle give and take,

bitcoiners will always withdraw their bitcoin to buy foods or stuff online with fiat or credit card but if there are many store online that accepted bitcoin as payment, then bitcoiners don't have to withdraw their bitcoin and they can directly buy the product they want with bitcoin.

and if there are a sellers which sell a house with bitcoin, then i think you can buy it because if you buy a house with bitcoin then i think you don't have to pay any taxes.



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Noctis Connor
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October 02, 2016, 01:21:41 PM
 #1194

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.
Lol how can possible that you can buy a house using bitcoin if there are possible that bitcoin will price increase that much then probably we can buy a house using our bitcoin wallet basiccaly if the owner of the house is using bitcoin too maybe,.
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October 02, 2016, 05:41:25 PM
 #1195

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.
Lol how can possible that you can buy a house using bitcoin if there are possible that bitcoin will price increase that much then probably we can buy a house using our bitcoin wallet basiccaly if the owner of the house is using bitcoin too maybe,.

Even though the owner or seller is not accepting bitcoins then you should really buy your own house and you can just simply exchange your bitcoins into fiat money easily with the help of different exchange sites.  So you don't have to worry even though the owner is not into bitcoins, and that is a dream come true if you are able to buy it with the use of bitcoins.

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October 03, 2016, 02:40:55 AM
 #1196

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 don't think that it matters how you will spend these bitcoins, but you have to spend them. buy a house, buy a car buy something, as usually when price grows it crashes down time later

ahah, all things that we can buy in the bitcoin is something incredible. For we do not need to bring in real money and we can only use the internet after it sends into account bitcoin seller. But it won't happen for a while now, because it's still in the growth stage of the bitcoin and strengthen the Foundation of the
There are no major merchants in the internet that accepts bitcoin so we cannot enjoy our bitcoin if we are a big spender, in my case I just cash it out and just go to the mall and buy my needs and wants using fiat. On the other hand, I also spend big on gambling online so I already help on the market circulation of bitcoin.

We are the same i just cash it out and buy some foods or stuff online that could help me Cheesy Thats right we should contribute to the cycle of bitcoin not like holding it for long time and sell because that could affect the bitcoin cycles it  should be cycle give and take,


Well I wanted to buy different things with the use of bitcoin. And if I will going to buy my own house with the use of bitcoins then this is going to be one of the most happiest day of my life. And of course if all of us will going to hold bitcoins for a long time and majority of us do that then we are not going to help the cycle of bitcoin.



.
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[15.00000000 BTC]


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October 03, 2016, 07:46:13 AM
 #1197

If I I am in your place I would collect money on internet for big villa modern house and fhen buy it on Croatian sea.I will also buy some fast electric car created in Croatia.
If your goal is to buy a house with the Bitcoin that you have earned and you are able to do it then you should do it.
But houses are expensive so you need to earn much Bitcoin to make it possible.
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October 03, 2016, 07:58:08 AM
 #1198

It all depends about how many coins you have off course becuase what if thje price of the bitcoin is really high but you doint have that lt of bitcoin si dont think you should buy a house of it.
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October 03, 2016, 01:39:38 PM
 #1199

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 don't think that it matters how you will spend these bitcoins, but you have to spend them. buy a house, buy a car buy something, as usually when price grows it crashes down time later

ahah, all things that we can buy in the bitcoin is something incredible. For we do not need to bring in real money and we can only use the internet after it sends into account bitcoin seller. But it won't happen for a while now, because it's still in the growth stage of the bitcoin and strengthen the Foundation of the
There are no major merchants in the internet that accepts bitcoin so we cannot enjoy our bitcoin if we are a big spender, in my case I just cash it out and just go to the mall and buy my needs and wants using fiat. On the other hand, I also spend big on gambling online so I already help on the market circulation of bitcoin.

We are the same i just cash it out and buy some foods or stuff online that could help me Cheesy Thats right we should contribute to the cycle of bitcoin not like holding it for long time and sell because that could affect the bitcoin cycles it  should be cycle give and take,


Well I wanted to buy different things with the use of bitcoin. And if I will going to buy my own house with the use of bitcoins then this is going to be one of the most happiest day of my life. And of course if all of us will going to hold bitcoins for a long time and majority of us do that then we are not going to help the cycle of bitcoin.

It would  not be only the  happiest day  but als o a great achievement  on your self since you could able to buy a house from bitcoin. Well this thing would  have the possibility on future as  long  bitcoin would be fully adopted and there would be merchants  on  selling  houses that accepts bitcoin as a payment.

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October 03, 2016, 02:01:02 PM
 #1200

If I I am in your place I would collect money on internet for big villa modern house and fhen buy it on Croatian sea.I will also buy some fast electric car created in Croatia.
If your goal is to buy a house with the Bitcoin that you have earned and you are able to do it then you should do it.
But houses are expensive so you need to earn much Bitcoin to make it possible.

Right. The decision about what to do with the coins that you have should be entirely up to you. If you've accumulated enough btc to purchase a house then by all means do purchase one Smiley

 
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