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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133884 times)
ipanks
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October 18, 2016, 05:15:44 AM
 #1281

its depend on how much you have your bitcoin, if its only 1 bitcoin, then i think you can not buy a house, but if you have 1000 bitcoin, then maybe you can buy a house. and its depend with how much the price of bitcoin too.



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October 18, 2016, 05:26:57 AM
 #1282

First of all ,op its your wish if you want to buy a house then buy it, if bitcoin price rises that high.i prefer to invest as a deposit in bank if i have that much btc.it not only give security but good profit also.

Thats correct, its up to the holder whether he wants to converts his bitcoin to fiat an buy a house or not. If the value can afford to buy a house,why not? If you are just renting an apartment, I think you should as shelter is one of our basic necessities.
Shelter is  one of the  most  common needs of a person   and we should  really make   hard effort  to build one or  buy one. As you  said  as  long our bitcoins could able to  buy a  house already we could  always  convert it to fiat and  buy  a house as  long  you do  posses huge amounts  of bitcoin.
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October 18, 2016, 05:43:10 AM
 #1283

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.
yes , why not , if you have btc and also money then you should buy a house with that bitcoin after cashout because if the price get lowered than what if you get loss . so never wait if you are in maximum profit .
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October 18, 2016, 05:43:50 AM
 #1284

If you need to buy a home, yes. You should do it, but make sure you don't need anything else as a priority, like a car or beginning a business. You can begin a big business which, if it grows enough, you'll win way more than the money you saved.

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October 18, 2016, 05:59:03 AM
 #1285

well if you have enough coins then why not? it would be a very good investment, something that you'll hold on to until you get old. I think though it would be pretty challenging to accumulate enough bitcoin  to purchase a house Cheesy

Yes why you are not going to let the chance pass to you if you have enough bitcoins for buying your own home then buy it already.

Because that is everyone's dream to have their own home. And that is on my list either and I want too my own home with the help of bitcoins.

I hope this would happen to me in the near future.
That would be the greatest achievement for a person if he can buy a house from his income in bitcoin, I am looking forward to that and hope that will happen to me soon, I also dream to make profit and can buy a house for my family.
Hardwork is the best solution if you really want to earn much more bitcoin you need to work hard and manage properly your earnings or save it for your future.. if you don't save your words are useless..

Planning without actions are definitely worthless as you said the same. We would really need   to  work hard and  save more in able  to achieve our dreams  not only just saying  in your  mouth because   money dont  come in an instant  in your  front it  would really need  actions. If  buying a house  would be available on the future,as  long you could afford to buy a  house, why not?

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October 18, 2016, 07:42:47 AM
 #1286

If you really want to buy a house then you should do it because if that is really what you want then do it, I know that I would never buy a house with the money that I make with Bitcoin.
I am not sure what to buy yet with that money but I will know it eventually.
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October 18, 2016, 08:32:00 AM
 #1287

If you really want to buy a house then you should do it because if that is really what you want then do it, I know that I would never buy a house with the money that I make with Bitcoin.
I am not sure what to buy yet with that money but I will know it eventually.
Not all of us need a house so why would we buy if we already have one even if the price of bitcoin will increase, but do not lose hope with your current financial standing as anything is possible in the future and bitcoin will surely help us to reach our dream whatever it is.

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October 18, 2016, 08:44:15 AM
 #1288

its depend on how much you have your bitcoin, if its only 1 bitcoin, then i think you can not buy a house, but if you have 1000 bitcoin, then maybe you can buy a house. and its depend with how much the price of bitcoin too.

That is what OP is saying, that if the price of bitcoin goes as high that the bitcoins he has could cover the price of a house then should he buy it or not, and i would probably say he should, because i know that house can also be used as a business because someone buys a house today and tomorrow the price of that house increases 30-40% so that would earn him a lot of profits, and it also can be used for living if he is buying it for that purpose.
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October 18, 2016, 10:19:53 AM
 #1289

its depend on how much you have your bitcoin, if its only 1 bitcoin, then i think you can not buy a house, but if you have 1000 bitcoin, then maybe you can buy a house. and its depend with how much the price of bitcoin too.

That is what OP is saying, that if the price of bitcoin goes as high that the bitcoins he has could cover the price of a house then should he buy it or not, and i would probably say he should, because i know that house can also be used as a business because someone buys a house today and tomorrow the price of that house increases 30-40% so that would earn him a lot of profits, and it also can be used for living if he is buying it for that purpose.

Yeah a house would be a very good investment but btc should go up pretty high and you should have very good timing for you to have a chance of purchasing a house with bitcoin.

 
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October 18, 2016, 10:22:25 AM
 #1290

Yes, I think when bitcoin goes really high, buying a house is a very good investment. You can either decide to live in the house or rent it, which most of the time you can get more/month that your own cost. It's important for money to roll, for it's value to rise over time
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October 18, 2016, 03:35:57 PM
 #1291

Yes you can buy a house but if you already have one why should buy another one? for investment? that's a good plan. And that is if Bitcoin value will be rocketing high enough for you to by a house. Good luck to us on that mate I will wait for that moment so I can get a rest house.  Grin

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October 18, 2016, 05:23:28 PM
 #1292

Personaly I wouldn't buy the house, no matter how high the Bitcoin price gets. Maybe because house ownering is not so important to me and I don't see realestates as investment of my taste. But this is just the question of personal aspirations so for some people this is a good investment, especialy in countries where prices are high.

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October 18, 2016, 05:30:30 PM
 #1293

Personaly I wouldn't buy the house, no matter how high the Bitcoin price gets. Maybe because house ownering is not so important to me and I don't see realestates as investment of my taste. But this is just the question of personal aspirations so for some people this is a good investment, especialy in countries where prices are high.
Op already mentioned his situation as he don't want to take a mortgage or paying a rent for living in a house. Based on what he mentioned he may have enough Butcoin that when its price goes up it will be enough for him to buy a house. It is good for him that he already plans early not on having extra expenses along the way.
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October 18, 2016, 05:32:48 PM
 #1294

Personaly I wouldn't buy the house, no matter how high the Bitcoin price gets. Maybe because house ownering is not so important to me and I don't see realestates as investment of my taste. But this is just the question of personal aspirations so for some people this is a good investment, especialy in countries where prices are high.

For me real states is really a great investment as i can see in my country or where i live it would probably worth way more later on if i buy a house now with my bitcoins so i personally think that someone should surely do it if he can as it will just earn him profits in long run.
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October 18, 2016, 05:58:09 PM
 #1295

Yes you could do that and I think that it also would be very profitable if you would do this because of the fact that its a good thing to do and a house is also a very good investment, mostly the worth of a house goes up and not down..
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October 18, 2016, 06:08:24 PM
 #1296

Yes, its a very good idea to buy a house when Bitcoin price goes high. I hope it would become possible after the next bubble.
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October 18, 2016, 11:39:30 PM
 #1297

Yes, its a very good idea to buy a house when Bitcoin price goes high. I hope it would become possible after the next bubble.

This is my dream to have my own house and with the help of bitcoin I hope that I am going to be able to make it happen because of my profit with bitcoin.

But as of now, I don't have enough bitcoins for buying my own home. That is why I am going to keep on working so that in the future I will able to buy my dream house.

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October 19, 2016, 12:08:12 PM
 #1298

I have a more specific plan now, if the price of bitcoin will increase at least 10 times of the current price now maybe I can buy a house already. I love to keep my dreams alive because I believe the future of bitcoin is a success.

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October 19, 2016, 12:59:33 PM
 #1299

For me investing in bitcoin and buying a house and lot are almost the same in terms gaining profit when investing on it. Of course you use physically the house, better invest first in the house.

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November 03, 2016, 03:25:12 PM
 #1300

If this would happen you should do it without any doubts because it would be so awesome to see someone that is buying a house with the bitcoins.
It would be nice and a good thing too if you are asking me.
This is my dream to have a dream house and that is going to be a great achievement if I am able to buy my own house using bitcoins.

For sure my parents are going to know how did I earn and bought that house and after buying my own house probably my next target is car.

So that is already complete I have already my own house and car.
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