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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133947 times)
MTBTT
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March 02, 2016, 12:49:57 AM
 #381

if the price rises bitcoin. Of course you can buy anything other than the home. and confirm whether they accept bitcoin. because the cost of the fee to withdraw convert fiat. large enough
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March 02, 2016, 10:45:05 AM
 #382

Yes you should it would be pretty cool and I think more people will do it when the price is really good, I think if the bitcoin is getting more value people are more likely gonna do this because than its possible with a low amount of bitcoins.
I think you should do it because its the future of the bitcoin, I think it will happen for most houses in the future.
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March 20, 2016, 04:38:26 PM
 #383

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 if bitcoin price rise up to $10000.and at that moment you have more than 5 bitcoin,its a good time to buy some house,and you can use your 20% of your bitcoin for waiting price increase,or trading,such a good life.
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March 20, 2016, 04:41:18 PM
 #384

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 if bitcoin price rise up to $10000.and at that moment you have more than 5 bitcoin,its a good time to buy some house,and you can use your 20% of your bitcoin for waiting price increase,or trading,such a good life.
bitcoin will never go to a price of $10000. better to collect a lot of bitcoin, rather than you waiting for bitcoin prices above $5.000. which is in fact difficult to achieve.

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March 20, 2016, 04:48:13 PM
 #385

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.

Why not. If you have a lot or enough bitcoins in your wallet. That is a good idea
and a long term goal. And i think almost of bitcoins users here is one of goal is to buy their own house using bitcoin.
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March 20, 2016, 04:56:40 PM
 #386

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 if bitcoin price rise up to $10000.and at that moment you have more than 5 bitcoin,its a good time to buy some house,and you can use your 20% of your bitcoin for waiting price increase,or trading,such a good life.
bitcoin will never go to a price of $10000. better to collect a lot of bitcoin, rather than you waiting for bitcoin prices above $5.000. which is in fact difficult to achieve.

10k is way to much. You should not expect it, else you become disappointing. Suppose the price will reach a high of around 3k. This would give you enough money to start investing in real estate or maybe stocks.
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March 21, 2016, 03:51:25 PM
 #387

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 if bitcoin price rise up to $10000.and at that moment you have more than 5 bitcoin,its a good time to buy some house,and you can use your 20% of your bitcoin for waiting price increase,or trading,such a good life.
bitcoin will never go to a price of $10000. better to collect a lot of bitcoin, rather than you waiting for bitcoin prices above $5.000. which is in fact difficult to achieve.

10k is way to much. You should not expect it, else you become disappointing. Suppose the price will reach a high of around 3k. This would give you enough money to start investing in real estate or maybe stocks.

even hard to touch $1k again. and we've gone past 3 years and the prices are still very low. so I never thought bitcoin prices could touch 2k or more.

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March 21, 2016, 05:04:32 PM
 #388

I think this depends on how much money you have and how much you will be able to get out of the money you have right now. If I have enough that can buy a house why not I will go it besides house is actually an asset on every person and another investment..

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March 21, 2016, 05:07:10 PM
 #389

If 1bitcoin will be like 50k or something then you need to buy a house but with the current price of 400 (more or less) you will have to gain a lot of bitcoin or wait till the price is high.
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March 21, 2016, 05:27:47 PM
 #390

If 1bitcoin will be like 50k or something then you need to buy a house but with the current price of 400 (more or less) you will have to gain a lot of bitcoin or wait till the price is high.
buy a house and a car, so you look generous, if you still have money left over, then save again to invest and make it more and more, I think it was the best

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March 21, 2016, 05:30:34 PM
 #391

If 1bitcoin will be like 50k or something then you need to buy a house but with the current price of 400 (more or less) you will have to gain a lot of bitcoin or wait till the price is high.
buy a house and a car, so you look generous, if you still have money left over, then save again to invest and make it more and more, I think it was the best

I think it's not about look generous. But it's about saving your money for better investment. If bitcoin price goes up very high, i think you should sell them all and invest on house for more safer.
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March 22, 2016, 06:28:24 AM
 #392

If 1bitcoin will be like 50k or something then you need to buy a house but with the current price of 400 (more or less) you will have to gain a lot of bitcoin or wait till the price is high.

Before thinking of buying a house, lets focus on the price today, it is playing around $400+, it means we really need a bigger amount of bitcoin before thinking of buying a house... Lucky are those first adopters, I'm sure they can afford a house and lot now if they are still keeping their coins..
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March 22, 2016, 06:49:53 AM
 #393

If 1bitcoin will be like 50k or something then you need to buy a house but with the current price of 400 (more or less) you will have to gain a lot of bitcoin or wait till the price is high.

Before thinking of buying a house, lets focus on the price today, it is playing around $400+, it means we really need a bigger amount of bitcoin before thinking of buying a house... Lucky are those first adopters, I'm sure they can afford a house and lot now if they are still keeping their coins..

Ya it is right at the current price you will be needing more than 1000 btc to achieve your goal of buying a house. We cannot say that the first adopters are lucky because they also wont be knowing what will be the future price as the btc price have gone to up high $1000 and then it fell down think who was holding that time and thinking that it will go more up and then will sell and now when seeing this price will be crying of not selling in $1000. so price is not important it is quantity of bitcoins you have and fullfil the wish whatever the price is as the current price is yours and future price cannot tell.

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March 22, 2016, 08:07:23 AM
 #394

Yes of course you should do that. Because a house will never fall in value and that is the best thing to buy a house.
But you need a lot of Bitcoins I think, because the value will not rise that much so you need some patience to wait for a higher value.
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March 22, 2016, 05:00:01 PM
 #395

Going for a house if bitcoin goes very high is a good plan. So plan accordingly and earn as much possible as the requirement to buy a house will be high.

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March 22, 2016, 10:17:09 PM
 #396

you should buy anything you want,house,car,and everything,but i just suggest you to not spent all your bitcoin,however bitcoin price is unpredictable,we dont know how long bitcoin price will stable.

OP's all about price rise and not stability, dude...
What if the price starts getting dumped from ATH and OP wasn't able to catch the price he wants to buy a house successfully???

Hes stating if the price got to a certain point where he pay off the house as a single purchase.

If he plans on making installment payments then thats a given loss.

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March 23, 2016, 04:26:20 AM
 #397

Definitely i would say yes cause, the only wish of my wife is to have our own house, if my bitcoin is enugh to buy me a new house at its current price then why should  i stop myself in making my wife wish. I will grab the opportunity.
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March 23, 2016, 05:13:37 AM
 #398

Definitely i would say yes cause, the only wish of my wife is to have our own house, if my bitcoin is enugh to buy me a new house at its current price then why should  i stop myself in making my wife wish. I will grab the opportunity.


Everyone wants to buy his own house but you will need a lot of bitcoin since right now its price is not that high to buy a new one,i also wants to buy a new house but i cant since i dont have much money and i put my faith in bitcoin.
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March 23, 2016, 06:11:56 AM
 #399

well, i think selling or not selling bitcoin depends on two things:
how much is the price and also how did it get there.
for example if the price rises to $1000 per bitcoin in a couple of months then it is a good idea to sell because it would be a bubble which will burst and price goes down. sell and buy back at the bottom again.
but if the price goes to $1000 in a year and slowly it is not a good idea to sell because bitcoin can eventually rise more or be used as a currency "everywhere".

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 23, 2016, 06:50:32 AM
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Definitely i would say yes cause, the only wish of my wife is to have our own house, if my bitcoin is enugh to buy me a new house at its current price then why should  i stop myself in making my wife wish. I will grab the opportunity.
Maybe the original poster is asking about how profitable is investment in real state if you have good money cause of increasing price of bitcoin?

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