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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133947 times)
freedomgo
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November 05, 2016, 07:17:43 AM
 #1321

Buying a house when bitcoin goes up very high I think is a good idea but you should convert it into fiat first. You must do that since theres no one who will accept bitcoin for a real estate. I think buying a house is a very good idea specially if you are just renting a house, you would save a lot of money if you do that. It also will give good feeling to ya, since you won't need to worry for a rent anymore.
you are right if someone want to buy a house you will must convert their bitcoin into fiat because i do not think that people will sell their house with bitcoin because some people do not know about bitcoin that bitcoin si which type of currency and how to use it and i think maximum people will sell their house with cash payment .
Should be for now because we do not have a choice to but to convert our bitcoins to fiat, in the future maybe when bitcoin will be regulated we can buy a house with our bitcoin. What we have to do now is just to earn bitcoins as much as we can since the price is good and when the time will come we can buy a house easily.

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November 05, 2016, 10:30:14 PM
 #1322

Buying a house when bitcoin goes up very high I think is a good idea but you should convert it into fiat first. You must do that since theres no one who will accept bitcoin for a real estate. I think buying a house is a very good idea specially if you are just renting a house, you would save a lot of money if you do that. It also will give good feeling to ya, since you won't need to worry for a rent anymore.
you are right if someone want to buy a house you will must convert their bitcoin into fiat because i do not think that people will sell their house with bitcoin because some people do not know about bitcoin that bitcoin si which type of currency and how to use it and i think maximum people will sell their house with cash payment .
Should be for now because we do not have a choice to but to convert our bitcoins to fiat, in the future maybe when bitcoin will be regulated we can buy a house with our bitcoin. What we have to do now is just to earn bitcoins as much as we can since the price is good and when the time will come we can buy a house easily.
There is an alternative in my mind if there will be a third person who will accept bitcoin then we will pay our bitcoin to that person and that person will pay him the fiat to buy our house so it will considered as we have bought that house with our bitcoins.
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November 05, 2016, 11:26:59 PM
 #1323

Buying a house when bitcoin goes up very high I think is a good idea but you should convert it into fiat first. You must do that since theres no one who will accept bitcoin for a real estate. I think buying a house is a very good idea specially if you are just renting a house, you would save a lot of money if you do that. It also will give good feeling to ya, since you won't need to worry for a rent anymore.
you are right if someone want to buy a house you will must convert their bitcoin into fiat because i do not think that people will sell their house with bitcoin because some people do not know about bitcoin that bitcoin si which type of currency and how to use it and i think maximum people will sell their house with cash payment .
i think bitcoin are going to more popular and i think some people want to sell their property by bitcoin and in some country bitcoin can be used for as payment method so they do not need convert bitcoin in to fiat.
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November 06, 2016, 11:32:24 PM
 #1324

yeah if you buy nbitcoin in huge amiunt and then bitcoin increase its to higher amount then you can easily buy a house through bitcoin and bitcoin will be more increase its price to higher amiount.
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November 07, 2016, 03:18:14 PM
 #1325

yeah if you buy nbitcoin in huge amiunt and then bitcoin increase its to higher amount then you can easily buy a house through bitcoin and bitcoin will be more increase its price to higher amiount.

I hope it will be available for us to buy a house using bitcoin. But before it will happen definitely we need to invest a lot and profit more using our bitcoin.. this might take years or decades before you can buy a house. For me, It's not worth to wait for that time.

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jaysabi
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November 08, 2016, 01:39:38 AM
 #1326

Regardless of how you buy your house, you're going to have to pay taxes on it when you sell. If you're buying a house with bitcoin, you're still going to use the USD equivalent for tax purposes. All real estate transactions are registered with a county or local government office, you cannot buy a house anonymously.
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November 08, 2016, 01:59:44 AM
 #1327

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.
How high is your expectation bitcoin could hit? If the price  could hit 50k usd then why not biuld a house.  But if the  price stuck  at   900usd then better to save your bitcoin for a  years until the right time comes.
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November 08, 2016, 09:12:08 AM
 #1328

Bitcoin price won't go that high, so that you can buy a house with one or two bitcoins. House is a basic requirement, better is to buy a house at the earliest through some day job or some other means because one can't exactly predict when the price reaches as you expected.

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November 08, 2016, 09:29:47 AM
 #1329

Bitcoin price won't go that high, so that you can buy a house with one or two bitcoins. House is a basic requirement, better is to buy a house at the earliest through some day job or some other means because one can't exactly predict when the price reaches as you expected.

Bitcoin is an excellent place for used or profiteers to enrich themselves. So if we want to buy a home or search for profits and become rich then bitcoin is the perfect solution. But it all is not something easy if do not want to work hard, because all the things we cannot do well is definitely not going to yield good results. Yeah all you say is very true, so we can't do good things without a mature thinking
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November 08, 2016, 09:39:09 AM
 #1330

Bitcoin price won't go that high, so that you can buy a house with one or two bitcoins. House is a basic requirement, better is to buy a house at the earliest through some day job or some other means because one can't exactly predict when the price reaches as you expected.

Bitcoin is an excellent place for used or profiteers to enrich themselves. So if we want to buy a home or search for profits and become rich then bitcoin is the perfect solution. But it all is not something easy if do not want to work hard, because all the things we cannot do well is definitely not going to yield good results. Yeah all you say is very true, so we can't do good things without a mature thinking

bitcoin allows us to become rich faster than the other jobs or investments. bitcoin has the advantage of being more. even bitcoin prices can rise very rapidly in a short time or a long term.
although bitcoin price will not go very high, but you can still buy a house, if you are so good at making a profit in bitcoin. because bitcoin look easy getting the benefit if you also have a lot of capital.
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November 08, 2016, 11:06:26 AM
 #1331

I certainly believe in Bitcoin, but my predictions are not so optimistic to believe that the price of Bitcoin will become very high. I do not think that one day it will be possible to buy a house for Bitcoin. I mean a good home
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November 08, 2016, 11:42:20 AM
 #1332

I certainly believe in Bitcoin, but my predictions are not so optimistic to believe that the price of Bitcoin will become very high. I do not think that one day it will be possible to buy a house for Bitcoin. I mean a good home
Okay! I respect your opinion because we are all entitled for our won opinion. Honestly it's hard to believe that it will happen but what makes it possible is the support of the people, if people will keep pushing the price which means making more demand it would be possible to reach that level.
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November 08, 2016, 11:46:45 AM
 #1333

If you invest a lot in bitcoin and make it double or triple your profit when the price goes 3 times high well buying house is a good idea and i think house and buy more house and lot can make you your own business make it apartment and sale rent it to other just make it business and make it as passive income..
It will be good as business if you have lots of house.. that you can offer it to other people to rent your house.

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November 08, 2016, 12:00:07 PM
 #1334

Yeah, off course, no problem in it, you have a good dream, i will pray for you, that your dream come true, but only need, you should have a huge number of bitcoins, because when bitcoin price increase than you already have a lot of bitcoins, than sell them and buy a house.
And now bitcoin already grow up and i think it is a good time, if anyone want to sell than they can get good profit.  
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November 08, 2016, 12:23:30 PM
 #1335

Yeah, off course, no problem in it, you have a good dream, i will pray for you, that your dream come true, but only need, you should have a huge number of bitcoins, because when bitcoin price increase than you already have a lot of bitcoins, than sell them and buy a house.
And now bitcoin already grow up and i think it is a good time, if anyone want to sell than they can get good profit.  
Just hope for a simple house so you will not dream to much to buy a house. A dream is a dream but if you will not act accordingly you will not be able to buy a house. If bitcoin will go up and we do not have investment then it will not realize our dreams.

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November 08, 2016, 01:08:53 PM
Last edit: May 04, 2017, 10:44:07 AM by Hutalar
 #1336

Yeah, off course, no problem in it, you have a good dream, i will pray for you, that your dream come true, but only need, you should have a huge number of bitcoins, because when bitcoin price increase than you already have a lot of bitcoins, than sell them and buy a house.
And now bitcoin already grow up and i think it is a good time, if anyone want to sell than they can get good profit.  
Just hope for a simple house so you will not dream to much to buy a house. A dream is a dream but if you will not act accordingly you will not be able to buy a house. If bitcoin will go up and we do not have investment then it will not realize our dreams.

It is better to buy a good house so that you can enjoy good life. Bitcoin is a good tool to achieve the dream. You believe on bitcoin and when you see that bitcoin reached to a level that now you are able to buy a house with that money then you convert your bitcoin to the currency of the seller and go to buy that house with that money. It will be like buying your house with bitcoin.
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November 09, 2016, 04:35:31 AM
 #1337

Buying a house when bitcoin goes up very high I think is a good idea but you should convert it into fiat first. You must do that since theres no one who will accept bitcoin for a real estate. I think buying a house is a very good idea specially if you are just renting a house, you would save a lot of money if you do that. It also will give good feeling to ya, since you won't need to worry for a rent anymore.
you are right if someone want to buy a house you will must convert their bitcoin into fiat because i do not think that people will sell their house with bitcoin because some people do not know about bitcoin that bitcoin si which type of currency and how to use it and i think maximum people will sell their house with cash payment .

Buying a house is not so cheap and you need a good amount of money with you to buy a house. It does not matter if you have Fait, bitcoins or Gold and you convert Bitcoin/Gold to local money and buy the house. The thing which matter is you need to have that much amount of total money.
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November 09, 2016, 04:43:03 AM
 #1338

Buying a house when bitcoin goes up very high I think is a good idea but you should convert it into fiat first. You must do that since theres no one who will accept bitcoin for a real estate. I think buying a house is a very good idea specially if you are just renting a house, you would save a lot of money if you do that. It also will give good feeling to ya, since you won't need to worry for a rent anymore.
you are right if someone want to buy a house you will must convert their bitcoin into fiat because i do not think that people will sell their house with bitcoin because some people do not know about bitcoin that bitcoin si which type of currency and how to use it and i think maximum people will sell their house with cash payment .

Buying a house is not so cheap and you need a good amount of money with you to buy a house. It does not matter if you have Fait, bitcoins or Gold and you convert Bitcoin/Gold to local money and buy the house. The thing which matter is you need to have that much amount of total money.
Well if it goes up very high don't you think it is because of the rise of demand? If that is the case then isn't it right that anyone is willing to accept Bitcoin as a mode of payment. But in terms of a stable currency than you are right that you need to convert it to Fiat so that when you are buying a house the value of your money won't fluctuate and it is easy to budget your money because it is stable.
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November 09, 2016, 04:48:28 AM
 #1339

Buying a house when bitcoin goes up very high I think is a good idea but you should convert it into fiat first. You must do that since theres no one who will accept bitcoin for a real estate. I think buying a house is a very good idea specially if you are just renting a house, you would save a lot of money if you do that. It also will give good feeling to ya, since you won't need to worry for a rent anymore.
you are right if someone want to buy a house you will must convert their bitcoin into fiat because i do not think that people will sell their house with bitcoin because some people do not know about bitcoin that bitcoin si which type of currency and how to use it and i think maximum people will sell their house with cash payment .

Buying a house is not so cheap and you need a good amount of money with you to buy a house. It does not matter if you have Fait, bitcoins or Gold and you convert Bitcoin/Gold to local money and buy the house. The thing which matter is you need to have that much amount of total money.

As OP stated, if the price of bitcoin goes up very high, he will do so, that means he has enough bitcoin to purchase a house...But anyway, I wouldn't hesitate to cash out 80% of my bitcoin or even all of my bitcoin ( If I have enough ) to buy a house if I had a chance... It is a very good investment as we grow old...  Smiley
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November 09, 2016, 06:04:26 AM
 #1340

Buying a house when bitcoin goes up very high I think is a good idea but you should convert it into fiat first. You must do that since theres no one who will accept bitcoin for a real estate. I think buying a house is a very good idea specially if you are just renting a house, you would save a lot of money if you do that. It also will give good feeling to ya, since you won't need to worry for a rent anymore.
you are right if someone want to buy a house you will must convert their bitcoin into fiat because i do not think that people will sell their house with bitcoin because some people do not know about bitcoin that bitcoin si which type of currency and how to use it and i think maximum people will sell their house with cash payment .

Buying a house is not so cheap and you need a good amount of money with you to buy a house. It does not matter if you have Fait, bitcoins or Gold and you convert Bitcoin/Gold to local money and buy the house. The thing which matter is you need to have that much amount of total money.

As OP stated, if the price of bitcoin goes up very high, he will do so, that means he has enough bitcoin to purchase a house...But anyway, I wouldn't hesitate to cash out 80% of my bitcoin or even all of my bitcoin ( If I have enough ) to buy a house if I had a chance... It is a very good investment as we grow old...  Smiley
Great plan, at least you have a specific plan already in case the price of bitcoin goes high again. And actually the price of bitcoin is already rising now and I think it will reach to $800 this month so keep an eye on that. You will achieve that if you will not sell when there's panic that is going on.

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