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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133884 times)
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November 15, 2016, 11:31:10 AM
 #1361

There is a possibility that we can buy a house using bitcoin when we have great amount of investment because all we know that value of bitcoin is continuous increasing ang this will be more stronger digital currency in the near future.

It is possible to purchase real estate using Bitcoins through Bitpremier. Try their site:

https://www.bitpremier.com/

A lot of listings are available from various countries and regions. And Bitpremier is not the only one. There are a few other real estate agents out there, who accept BTC.

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November 15, 2016, 11:36:36 AM
 #1362

Actually it's a good idea though. The price of a house is really high and i'm sure buying a house is really good for long term investment. I will do that, sell all my bitcoins when the price goes up very high and buy a house with my bitcoins.
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November 15, 2016, 12:11:13 PM
 #1363

There is a possibility that we can buy a house using bitcoin when we have great amount of investment because all we know that value of bitcoin is continuous increasing ang this will be more stronger digital currency in the near future.

It is possible to purchase real estate using Bitcoins through Bitpremier. Try their site:

https://www.bitpremier.com/

A lot of listings are available from various countries and regions. And Bitpremier is not the only one. There are a few other real estate agents out there, who accept BTC.
I think I do not have the luck in buying a house if ever the price of bitcoin will rise, my country is not on the list.. Maybe time will come in the future, my country will be listed and I am hoping I can transact with an owner residing in our country.. I just want to buy a home at my country..

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November 15, 2016, 12:13:14 PM
 #1364

Actually it's a good idea though. The price of a house is really high and i'm sure buying a house is really good for long term investment. I will do that, sell all my bitcoins when the price goes up very high and buy a house with my bitcoins.
Even if its a long journey and fate for bitcoin but if happen for sure i will do the same keeping my fate for this investment and hoping for the best.
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November 15, 2016, 02:00:15 PM
 #1365

Actually it's a good idea though. The price of a house is really high and i'm sure buying a house is really good for long term investment. I will do that, sell all my bitcoins when the price goes up very high and buy a house with my bitcoins.
Even if its a long journey and fate for bitcoin but if happen for sure i will do the same keeping my fate for this investment and hoping for the best.
That's how you called being loyal to bitcoin, you will be able to stick through thick and think and that's what we need here in the community. There's ups and downs in our investment but if our faith is strong we will surely gonna hold and enjoy tomorrow.
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November 15, 2016, 02:09:48 PM
 #1366

You should be.  You can buy a house when bitcoin reaches  the never imagined high price. Only time can tell ,what will hapen to bitcoin year after year. The only thing i know is bitcoin could hit 10k usd and above.
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November 15, 2016, 02:21:55 PM
 #1367

You should be.  You can buy a house when bitcoin reaches  the never imagined high price. Only time can tell ,what will hapen to bitcoin year after year. The only thing i know is bitcoin could hit 10k usd and above.

The prediction needs to be realistic. As quoted price won't reach as high as $10k because anything above certain constrained value automatically gets the attention of government which is not good for a long time sustained growth. Better try to buy a house from day job earning.

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November 15, 2016, 02:35:23 PM
 #1368

You should be.  You can buy a house when bitcoin reaches  the never imagined high price. Only time can tell ,what will hapen to bitcoin year after year. The only thing i know is bitcoin could hit 10k usd and above.

The prediction needs to be realistic. As quoted price won't reach as high as $10k because anything above certain constrained value automatically gets the attention of government which is not good for a long time sustained growth. Better try to buy a house from day job earning.
We don't know what will happen in the future.. and maybe the price of bitcoin can be touch in 10k value in the future. i am not fortune teller but in bitcoin  everything is possible. maybe someday we can get a large amount of investors that can affect the value of bitcoin and more adoption will come that can also attract people to invest in bitcoin..  So if it will happen in the future you should have enough bitcoin in order to buy a house and buy house and lot are a good business that you can rent it to other to make a monthly passive income..
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November 15, 2016, 02:38:24 PM
 #1369

Buying a  house  is  never  been bad   because  all of us do really needs a  house  and  its  somehow a good investment also.  If bitcoins price would rose   to the highest peak then  we could  possibly buy a  house   on that  matter  but the  big question is  when it would  happen? I assumed  were already dead  when  bitcoins price would  certainly attained that  price, We should really not expect too much regarding on the price because no one really  knows  on what  would happen next.

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November 15, 2016, 02:41:50 PM
 #1370

You should be.  You can buy a house when bitcoin reaches  the never imagined high price. Only time can tell ,what will hapen to bitcoin year after year. The only thing i know is bitcoin could hit 10k usd and above.

The prediction needs to be realistic. As quoted price won't reach as high as $10k because anything above certain constrained value automatically gets the attention of government which is not good for a long time sustained growth. Better try to buy a house from day job earning.

Its not important to wait for the price to reach a really high place as you guys are mentioning but if someone gets a bunch of bitcoins he can still buy a house without waiting for longer, though it would be easier for him when it grows but still it wont be bad if you can use your earned bitcoins for buying something like that.
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November 15, 2016, 07:32:07 PM
 #1371

there is an article published in cointelegraph.com saying that some Chinese miner feel that bitcoin can hit 10,000 USD and then it can go to 1 million USD, he hasn't given the time frame. He says if everyone in the crypto currency community owns at least 1 bitcoin and keep it locked for long term, then price would gradually increase to 10,000 USD.

IMHO, if you get good rewards by holding your bitcoin, I would encourage you to book some profits and use it to buy a house (in your case) or do something you want to.


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Doamader
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November 15, 2016, 09:55:45 PM
 #1372

there is an article published in cointelegraph.com saying that some Chinese miner feel that bitcoin can hit 10,000 USD and then it can go to 1 million USD, he hasn't given the time frame. He says if everyone in the crypto currency community owns at least 1 bitcoin and keep it locked for long term, then price would gradually increase to 10,000 USD.

IMHO, if you get good rewards by holding your bitcoin, I would encourage you to book some profits and use it to buy a house (in your case) or do something you want to.
Something all would wanna but who will buy 1 bitcoin for such value knowing it can drop to 4000 or lower, bubbles arent good for bitcoin the history shows, better a low ammount and stable then an hyip value turning into a nightmare.
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November 15, 2016, 10:50:00 PM
 #1373

Actually it's a good idea though. The price of a house is really high and i'm sure buying a house is really good for long term investment. I will do that, sell all my bitcoins when the price goes up very high and buy a house with my bitcoins.
home is a long term investment that is very profitable, but for the moment I think the whole of my bitcoin is not enough to buy a house, maybe I will collect bitcoin more while waiting for prices to rise, but this is a good idea
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November 16, 2016, 05:35:36 AM
 #1374

Buying a  house  is  never  been bad   because  all of us do really needs a  house  and  its  somehow a good investment also.  If bitcoins price would rose   to the highest peak then  we could  possibly buy a  house   on that  matter  but the  big question is  when it would  happen? I assumed  were already dead  when  bitcoins price would  certainly attained that  price, We should really not expect too much regarding on the price because no one really  knows  on what  would happen next.

Yeah, we don't know what will gonna be the fate of bitcoin's price in the future but its good also to assume things especially if we aim for the best. House is a best investment since it is a necessity for all people. We should be optimistic about the price of bitcoin in the future. Having a strong belief on bitcoin will make it more stronger hence making us closer to our intentions in the future.
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November 16, 2016, 06:57:16 AM
 #1375

Buying a  house  is  never  been bad   because  all of us do really needs a  house  and  its  somehow a good investment also.  If bitcoins price would rose   to the highest peak then  we could  possibly buy a  house   on that  matter  but the  big question is  when it would  happen? I assumed  were already dead  when  bitcoins price would  certainly attained that  price, We should really not expect too much regarding on the price because no one really  knows  on what  would happen next.

Yeah, we don't know what will gonna be the fate of bitcoin's price in the future but its good also to assume things especially if we aim for the best. House is a best investment since it is a necessity for all people. We should be optimistic about the price of bitcoin in the future. Having a strong belief on bitcoin will make it more stronger hence making us closer to our intentions in the future.

I agree it is also a good thing to have an optimistic view about the price of bitcoin.  This kind of attitude will surely gives you a good reward in life.  It is too early to tell if the price of a single bitcoin can buy a house or not.  But if you do the analysis, market wise, it is possible to hit this amount.  At this point for 21 BTC, and the current population, there will be 320+ people for 1 bitcoin.  Can you see the picture a decade later?

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Ziskinberg
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November 16, 2016, 07:41:30 AM
 #1376

Buying a  house  is  never  been bad   because  all of us do really needs a  house  and  its  somehow a good investment also.  If bitcoins price would rose   to the highest peak then  we could  possibly buy a  house   on that  matter  but the  big question is  when it would  happen? I assumed  were already dead  when  bitcoins price would  certainly attained that  price, We should really not expect too much regarding on the price because no one really  knows  on what  would happen next.

Yeah, we don't know what will gonna be the fate of bitcoin's price in the future but its good also to assume things especially if we aim for the best. House is a best investment since it is a necessity for all people. We should be optimistic about the price of bitcoin in the future. Having a strong belief on bitcoin will make it more stronger hence making us closer to our intentions in the future.

I agree it is also a good thing to have an optimistic view about the price of bitcoin.  This kind of attitude will surely gives you a good reward in life.  It is too early to tell if the price of a single bitcoin can buy a house or not.  But if you do the analysis, market wise, it is possible to hit this amount.  At this point for 21 BTC, and the current population, there will be 320+ people for 1 bitcoin.  Can you see the picture a decade later?
It's good to be optimistic but being realistic is important as well, with the way the price move of bitcoin, we can tell that the future looks great. People are coming in to support and they are making the demand increases abruptly. Time will come that bitcoin will be more popular just because we are supporting it and this would not be possible if we are not getting the benefits of using bitcoin.

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November 16, 2016, 11:31:16 AM
 #1377

Actually it's a good idea though. The price of a house is really high and i'm sure buying a house is really good for long term investment. I will do that, sell all my bitcoins when the price goes up very high and buy a house with my bitcoins.
home is a long term investment that is very profitable, but for the moment I think the whole of my bitcoin is not enough to buy a house, maybe I will collect bitcoin more while waiting for prices to rise, but this is a good idea

To buy a house you need to draw a lot of paperwork. And to buy Bitcoin, it just should not be done. I do not believe that the price of Bitcoin is equal to the price of the house
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November 16, 2016, 11:36:24 AM
 #1378

if you can afford it and do not own a house/flat already then buying a house is almost every time a good idea. just make sure it is in good condition and you are not getting screwed with the price. bitcoin,  gold, stock even fiat can lose value over night. so can a house to, but you can still live in it. you will never be homeless and do not have to pay rent. this is worth something today.

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November 16, 2016, 11:38:58 AM
 #1379

in my opinion, when bitcoin goes up, your plan to buy a house should change into bigger than a house maybe you will buy an apartment or hotel because in your hand you have a lot of i mean a big huge money and i am not sure if you are only buy a house rather than to buy something that really expensive.
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November 16, 2016, 11:45:26 AM
 #1380

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.
you should buy a house. and that's a very good start in getting rich. don't gamble just save all your bitcoin. bitcoin will grow more in the future. that's why im investing in bitcoin to get more extra income. I use bitcoin also in trading for faster transaction. i need more one year to workhard to buy a house for my own and for my family in the future  Wink
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