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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133884 times)
Oralmat
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January 25, 2017, 02:52:27 PM
 #1461

It is a good investment if the house has a good location and is in a good shape. If you buy something you'll need to put a load of cash to maintain it's not worth it.

On the other hand old houses sometimes are beautiful and worth more because of rare architecture.

You can buy the house only if you have lots of bitcoins or cash. By the way it hard to find anyone selling house for bitcoins.  Perhaps you will need to convert them to cash to buy a house.  In my country the best investment is the property but it is expensive.
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January 25, 2017, 03:46:42 PM
 #1462

yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .

We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.

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January 25, 2017, 04:01:21 PM
 #1463

Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.
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January 26, 2017, 12:41:26 AM
 #1464

Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.

As a man, it should be your priority. Sooner or later you will have a family so you really need it. Even if it costs you 90% or all your bitcoin. If you spotted a house for sale and you can afford it, then go for it, don't hesitate. That is a very nice gift you could keep for yourself and soon for your family. If you could buy it with bitcoin that's good, or if cash out from bitcoin, it's just fine.

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January 26, 2017, 08:37:35 AM
 #1465

yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .

We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.
in fact one can earn many more that a house cost but actually still people may not be confident to accept bitcoins for the selling a house. actually the price of bitcoin is not stable and if a person sell bitcoin for a specific amount and then the price fell down i think he will face a big lost therefor people may not be ready to sell their hoses for bitcoins.
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January 26, 2017, 10:32:12 AM
 #1466

Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.

As a man, it should be your priority. Sooner or later you will have a family so you really need it. Even if it costs you 90% or all your bitcoin. If you spotted a house for sale and you can afford it, then go for it, don't hesitate. That is a very nice gift you could keep for yourself and soon for your family. If you could buy it with bitcoin that's good, or if cash out from bitcoin, it's just fine.

As a man or woman though right? i only like putting in 90% if the BTC price was incredibly high and the housing market was reasonable or a house you like was a decent price. 

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January 26, 2017, 10:40:25 AM
 #1467

Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.

As a man, it should be your priority. Sooner or later you will have a family so you really need it. Even if it costs you 90% or all your bitcoin. If you spotted a house for sale and you can afford it, then go for it, don't hesitate. That is a very nice gift you could keep for yourself and soon for your family. If you could buy it with bitcoin that's good, or if cash out from bitcoin, it's just fine.

As a man or woman though right? i only like putting in 90% if the BTC price was incredibly high and the housing market was reasonable or a house you like was a decent price. 

Well, if a woman wants to buy a house for her own for the sake of freedom, then why not. Besides, when something goes wrong when you are married the house goes to the woman often. That's true, if you have enough, then cash out only 90% or less, and find a reasonable house price. But for sure, if it is cheap, there are also disadvantage of buying it, probably a cheap one might be on flood prone areas or far from main road or situations like that.  Smiley

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January 26, 2017, 11:34:11 AM
 #1468

Yes if the price is higher and you earned better then you made high btc profit in your wallet. Its very important to cash it out from bank from time to time it became bigger in balance, you should cash it out to avoid being hacked. You should save it on your bank savings and buying a house is very possible to make, so if you dreamed of an house make bitcoin as an inspiration.
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January 26, 2017, 11:47:23 AM
 #1469

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.
That is definitely a viable option. If the price of Bitcoin went up that high, you wouldn't even need to convert to fiat, everyone would accept Bitcoin because they would see the price rising so much. Although, it would have to reach a pretty high price if you wanted to buy a house, unless you have a shit ton of Bitcoin. But I agree with you that you should buy the house outright. You end up saving so much money and then you don't have to deal with the headache of going through a bank.
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January 26, 2017, 12:42:04 PM
 #1470

Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.

As a man, it should be your priority. Sooner or later you will have a family so you really need it. Even if it costs you 90% or all your bitcoin. If you spotted a house for sale and you can afford it, then go for it, don't hesitate. That is a very nice gift you could keep for yourself and soon for your family. If you could buy it with bitcoin that's good, or if cash out from bitcoin, it's just fine.

As a man or woman though right? i only like putting in 90% if the BTC price was incredibly high and the housing market was reasonable or a house you like was a decent price. 

Well, if a woman wants to buy a house for her own for the sake of freedom, then why not. Besides, when something goes wrong when you are married the house goes to the woman often. That's true, if you have enough, then cash out only 90% or less, and find a reasonable house price. But for sure, if it is cheap, there are also disadvantage of buying it, probably a cheap one might be on flood prone areas or far from main road or situations like that.  Smiley

Of course if you have enough money to buy a house both men and women, it is a great achievement. But you must remember if we wait bitcoin rise in price for a long time. Because I think in this time being the price of bitcoin relative stable around 800 until 1000 dollars. the price of land and buildings are also more expensive .

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January 26, 2017, 12:50:34 PM
 #1471

Yes if the price is higher and you earned better then you made high btc profit in your wallet. Its very important to cash it out from bank from time to time it became bigger in balance, you should cash it out to avoid being hacked. You should save it on your bank savings and buying a house is very possible to make, so if you dreamed of an house make bitcoin as an inspiration.

Being practical, that's true... Your money will be safer in banks if you are planning to buy a house and you depend on the price of bitcoin to rise and cashing out... But if you want to earn more, you should not cash out early, as long as you can handle, you should invest it in bitcoin until the time that you already have enough money to buy your own house, then sell all your bitcoin...  Smiley
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January 26, 2017, 03:46:00 PM
 #1472

It depends on how much of bitcoin do you had because its doesn't matter bitcoin price go up. If you have a lot of bitcoin you can buy of course a house even you have only 5 bitcoin then the price is go up such as $2000 you can buy surely a house and if you have only a 1 bitcoin or 2 you can't afford to buy a house even the price is increased.
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January 26, 2017, 04:07:23 PM
 #1473

If it's a good house in a good location with high possibilities of giving you a passive income, then yes, it probably is a good idea, you can buy more BTC with the passive income, but nothing is really passive since taking care of the maintenance of the house makes it not passive anymore, so you would need to buy parking spots if you want real passive income.
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January 26, 2017, 06:04:03 PM
 #1474

It is a good investment if the house has a good location and is in a good shape. If you buy something you'll need to put a load of cash to maintain it's not worth it.

On the other hand old houses sometimes are beautiful and worth more because of rare architecture.

You can buy the house only if you have lots of bitcoins or cash. By the way it hard to find anyone selling house for bitcoins.  Perhaps you will need to convert them to cash to buy a house.  In my country the best investment is the property but it is expensive.

It isn't hard to find. This is only one of many similar auction sites, that offers real estate for Bitcoin.
http://bitcoin-realestate.com/

Property may seem like a good investment, but all can change due to a natural disaster or terrorist attack. Tsunami, flood, earthquake or a crazy muslim with c4 and bye bye dream house... No investment is safe these days.

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January 26, 2017, 11:18:18 PM
 #1475

yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .

We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.
in fact one can earn many more that a house cost but actually still people may not be confident to accept bitcoins for the selling a house. actually the price of bitcoin is not stable and if a person sell bitcoin for a specific amount and then the price fell down i think he will face a big lost therefor people may not be ready to sell their hoses for bitcoins.
yes i also agree with you that it depend on the interest of the seller, if he know about bitcoin, and is already using it, then the possibility is there that he will accept bitcoin for selling a house, but if he do not know about bitcoin then it is difficult to convince a person to accept bitcoin for selling a house.

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January 26, 2017, 11:30:05 PM
 #1476

Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.
other than the home is important to your family, the house is also a great investment option for the future, as house prices continue to rise each year across the country. This may occur because of the increasing world population
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January 26, 2017, 11:30:39 PM
 #1477

It is a good investment if the house has a good location and is in a good shape. If you buy something you'll need to put a load of cash to maintain it's not worth it.

On the other hand old houses sometimes are beautiful and worth more because of rare architecture.

You can buy the house only if you have lots of bitcoins or cash. By the way it hard to find anyone selling house for bitcoins.  Perhaps you will need to convert them to cash to buy a house.  In my country the best investment is the property but it is expensive.

It isn't hard to find. This is only one of many similar auction sites, that offers real estate for Bitcoin.
http://bitcoin-realestate.com/

Property may seem like a good investment, but all can change due to a natural disaster or terrorist attack. Tsunami, flood, earthquake or a crazy muslim with c4 and bye bye dream house... No investment is safe these days.
Yeah that's absolutely true, the risk you have take in an investment always worth to try however
No risk then no profit , so use that principle
And be brave on taking decision, property investment always promising , take it just becareful .
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January 27, 2017, 08:38:22 AM
 #1478

yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .

We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.
But I think it depend on three factors, one the price of bitcoin, if the price of bitcoin is trading so high then we required a little effort to buy a house with bitcoin, secondly the amount of bitcoin, if the price of bitcoin is low then you need to have a great amount of bitcoin and thirdly the value of the place where you want to buy a house.

And I think the interests of the seller is also a factor that either he is ready to accept bitcoin from you for buying a house or not.

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January 27, 2017, 12:45:15 PM
 #1479

-snip-
yes i also agree with you that it depend on the interest of the seller, if he know about bitcoin, and is already using it, then the possibility is there that he will accept bitcoin for selling a house, but if he do not know about bitcoin then it is difficult to convince a person to accept bitcoin for selling a house.

Well, of course. Why would you accept something that you don't even know and don't have any idea what's the value of it is.

yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .

We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.
in fact one can earn many more that a house cost but actually still people may not be confident to accept bitcoins for the selling a house. actually the price of bitcoin is not stable and if a person sell bitcoin for a specific amount and then the price fell down i think he will face a big lost therefor people may not be ready to sell their hoses for bitcoins.

Like I said, why would you even open your house from bitcoin payment method if you don't fully understand it. Pretty much if someone's going to sell their house in exchange of bitcoins is looking for a long term investment and so they used their house to get started with their bitcoin investment. If the guy was too afraid that the price of bitcoin would decrease from 1000$ to 1$, then he's free to change it to fiat right after receiving it on his wallet.

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rajasumi3
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January 31, 2017, 11:17:04 AM
 #1480

This is i guess everyone s dream to buy a house with bitcoins .but would it be so popular that the price of bitcoins would rise up so quickly .i cant say that because the price of bitcoins has become stagnant for a very long time and it is steadily increasing .but are there any companies who would accept bitcoins to buy a house ? If yes it would be getting a lottery.
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