If Bitcoin goes up very high should i buy a house?

[phreaky]

I can recommend this, However it will take some time for bitcoin to go up.
And yes there is no guarantee it will go up. So please be wise with your investment.

[Anddos]

I can recommend this, However it will take some time for bitcoin to go up.
And yes there is no guarantee it will go up. So please be wise with your investment.

Agreed. Every investment should be carefully weighed down and turned on all sides before making a move. Acting on an impulse when dealing with finances is never a good idea.

[Moneyburner]

I would do it to say I did it. Live for the moment, ect.

[mrhelpful]

http://www.foreclosurelistings.com/foreclosures-under-10000/

i have no idea if the above things are real, but i tihnk it is possible to buy a real house in a crappy location under 15k for sure

Usually any home that has a lien with the creditor aka bank, there is more under the cover.

Just because a listing price maybe at like $5,000. The bank would want the difference before they submit the new ownership over. And that can be past unpaid balance that needs to be paid eg: $90k before the new ownership begin, which most will discover or do their homework on.

If the home is free in and clear- and you have done your homework then more power to you.

[LuckyYOU]

If you could buy a house with 80-90% of your BTC values then I suggest that as well, it's a safe and easy investment and additionally it's a place you can live in too.

You can actually go do that. But that also depends on from which house you want.
But I think you will now have to go save a lot before you can buy a house.
Unless it is really worth a lot.

[darkangel11]

Yes. I would still choose physical property like land or a house more than currency and it doesn't matter if it's fiat or bitcoin. A person needs food water and shelter to survive, these are the basics so get a house stack up your shelves, buy a gun and you'll be safer than 99% of people who live in rented apartments and have food for a day or 2 in the fridge.

[Dracov]

If you have enough money in btc to buy a house, why not convert them to fiat that is relatively stable, keep them in the bank account and still make some money with the interest rate?

US is very favorable to mortgages and with 3% for 15yrs you can easily find and investment that exceeds the cost of the mortgage.
Plus, interest rate is tax deductible, which works in your way as well.

[Anddos]

If you have enough money in btc to buy a house, why not convert them to fiat that is relatively stable, keep them in the bank account and still make some money with the interest rate?

US is very favorable to mortgages and with 3% for 15yrs you can easily find and investment that exceeds the cost of the mortgage.
Plus, interest rate is tax deductible, which works in your way as well.

Also a good idea. Anything you decide to do, so it smart. At the moment you're free from debt and free to decide whatever you want. After you do it if things don't go your way it'll be too late.

[martinacar]

If you have enough money in btc to buy a house, why not convert them to fiat that is relatively stable, keep them in the bank account and still make some money with the interest rate?

US is very favorable to mortgages and with 3% for 15yrs you can easily find and investment that exceeds the cost of the mortgage.
Plus, interest rate is tax deductible, which works in your way as well.

Also a good idea. Anything you decide to do, so it smart. At the moment you're free from debt and free to decide whatever you want. After you do it if things don't go your way it'll be too late.

Yes I think its also a good way to invest, and be not dependent on a bank.
Its a really good idea, and its also pretty awesome.

[wafersticks09]

If you have a plenty of btc why not buy. Anyway you can buy anything you desire as long as you have money.

[ajun96]

If you have a plenty of btc why not buy. Anyway you can buy anything you desire as long as you have money.

yeah agree. even you can buy a house with bitcoin now, if you have a lot of bitcoin
will certainly need a lot more bitcoin to buy a house now, might require 100 BTC now to buy a home, unlike when you buy it in the future, may only require 5-20 BTC alone only

[Bitcoinbro]

if you have 40 bitcoin right now, i think you can buy a good house now

what you're talking about 40 bitcoin is only $16k, you cna buy a garage at most, not even a good one

no way you can buy an house with that amount, here for example you need 40k for a good condition one(2 room) 40-50mq

all depends on the price of bitcoin. if bitcoin really go above $1000-5000 you certainly do not need to have a lot of bitcoin to buy a house.

so I would say 10 bitcoin is enough to buy a house

No dude, what are talking about this moment? do you know how much price of bitcoin currently? you can think there 5000$ is too much high worth of 1 btc then when it will be possible i can't think about bitcoin worth will be reach to 5000$ this much.

I know that if bitcoin touched $5000 between unlikely and even if it may take a long time. maybe 10-20 years

You can do that indeed. But I think if you do something you should do that you feel comfortable with.

I do not think you should go buy something because other people say that if you do that.

You can indeed save and quietly wait for what's coming.

[LarryHocks]

Real estate investments are good to have in your portfolio. I will most definitely do the same if the price gets high enough for me to afford a house.

You should it would be pretty cool if you got that, plus you can buy it with your own.
The bank is not involved if you do it like that, that's pretty nice.

[fruitcommander]

Real estate investments are good to have in your portfolio. I will most definitely do the same if the price gets high enough for me to afford a house.

You should it would be pretty cool if you got that, plus you can buy it with your own.
The bank is not involved if you do it like that, that's pretty nice.

Yeah and the absence of banks means absence of banking fees and also absence of interest rates and guarantee that bank charges from its customers, nothing to be paid to middle men as it involves one to one transaction.

[diegz]

I think I would if it reaches ridiculously high price!!

yeah, for us that don't have plenty of bitcoins, we must wait a long time, but for those people who has plenty of bitcoins, probably those early adopters, mostly now can afford to buy a house.. 

[diodio5]

Real estate investments are good to have in your portfolio. I will most definitely do the same if the price gets high enough for me to afford a house.

You should it would be pretty cool if you got that, plus you can buy it with your own.
The bank is not involved if you do it like that, that's pretty nice.

yeah buy a house just as we invest. because the price of real estate is growing every year. I am also planning to buy a home in the near future. I'm still collecting bitcoin as much as possible

[bit1]

Will be interesting watch this thread on next 5 or 10 years to have a answer more exactly, we will see that peoples can buy or sell with BTC, if it goes very high to buy a house could be a  easy thing or a lambor for example  , but if it goes very low then to buy a paint boottle or a paint brush could be a  difficult job. However it can remains on certain levels always too, the things looks so complicated, Lol .......

[Hutalar]

Will be interesting watch this thread on next 5 or 10 years to have a answer more exactly, we will see that peoples can buy or sell with BTC, if it goes very high to buy a house could be a  easy thing or a lambor for example  , but if it goes very low then to buy a paint boottle or a paint brush could be a  difficult job. However it can remains on certain levels always too, the things looks so complicated, Lol .......

In factor, you can watch the Bitcointalk forum threads 5 years ago, you will see very interesting thoughts.

[socks435]

It depends in your bitcoin if you hold more than 50 bitcoins i think you can buy house and lot here in my country.. But if you have only 1 bitcoin i think its better to collect more bitcoins and wait for the price increase to high to make a profit..

[nanonymousx]

If you have enough money to buy a house then you should buy a house with the bitcoin investment, I think it can be potentially more profitable long term...