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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133947 times)
LeNakko
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March 31, 2016, 08:01:31 PM
 #441

If you really make enough money with Bitcoin so you can buy a house why not. Buying a house is a good thing.
A house can also go up in value, so you can make money out of the house to.

Of course and it will also be pretty cool if you do no one can say the have done that if I'm honest right ?
In fact I do not know someone that ever bought a house with the bitcoin, I only heard people talking about a sold house in bitcoin.

im heard someone selling his house to invest at bitcoin in middle 2010
i think now he can get 3-4 house  Cheesy

Back in 2010, everybody would have probably said, that he is out of his mind. It was more like gambling, and the guy who did this, either an addicted gambler, a future teller or a very inteliggent man, who did know what he was doing and predicted the high rise of the price of bitcoins. I think he is just a lucky bastard, who now is sitting on the beach feeling proud of what he did back in 2010.
lissandra
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March 31, 2016, 08:14:26 PM
 #442

If you really make enough money with Bitcoin so you can buy a house why not. Buying a house is a good thing.
A house can also go up in value, so you can make money out of the house to.

Of course and it will also be pretty cool if you do no one can say the have done that if I'm honest right ?
In fact I do not know someone that ever bought a house with the bitcoin, I only heard people talking about a sold house in bitcoin.

im heard someone selling his house to invest at bitcoin in middle 2010
i think now he can get 3-4 house  Cheesy

Back in 2010, everybody would have probably said, that he is out of his mind. It was more like gambling, and the guy who did this, either an addicted gambler, a future teller or a very inteliggent man, who did know what he was doing and predicted the high rise of the price of bitcoins. I think he is just a lucky bastard, who now is sitting on the beach feeling proud of what he did back in 2010.

Even though we arent that lucky person.

We can learn from his actions in history, that its better to take certain chances that allows us to say this could be a winner based on your information.

I`m sure this person had some idea after the financial collapse at 2008, that there needs to be something else out there to reduce the fiat system.

Blackmet
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April 01, 2016, 05:48:11 PM
 #443

If uᴉoɔʇᴉq 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 uᴉoɔʇᴉq 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.
i believe in future we would see uᴉoɔʇᴉq in different position,uᴉoɔʇᴉq will have more adopter and so many companies accept uᴉoɔʇᴉq,and that time is the best time to buy house and other things with uᴉoɔʇᴉq.

If you have an opportunity to get house now why not? I think people should buy own house with first opportunity cause it's so important

STT
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April 01, 2016, 06:49:41 PM
 #444

If uᴉoɔʇᴉq 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 uᴉoɔʇᴉq 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.

Seems reasonable to diversify if your holding in uᴉoɔʇᴉq did rise a bit.  The reason why a house is lower risk is that you are using it and reducing your costs by owning it, much like a jeweler could argue gold is a high utility holding to him whereas a normal citizen would need a fair bit of excess wealth to justify it in the same way as gold is low utility.  Depends what you are doing with your uᴉoɔʇᴉq of course

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panju1
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April 02, 2016, 05:36:10 AM
 #445

If uᴉoɔʇᴉq 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 uᴉoɔʇᴉq 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.
i believe in future we would see uᴉoɔʇᴉq in different position,uᴉoɔʇᴉq will have more adopter and so many companies accept uᴉoɔʇᴉq,and that time is the best time to buy house and other things with uᴉoɔʇᴉq.

If you have an opportunity to get house now why not? I think people should buy own house with first opportunity cause it's so important

In some cultures, owning a house is considered very important. In others, it doesn't matter at all. If you have sufficient wealth in the form of stocks and bonds, not owning a house is not looked down upon.
darkmagician
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April 02, 2016, 06:08:43 AM
 #446

Yes, i prefer buying my own house rather than buying luxury cars or something that can make you happy for a limited time, i bitcoin goes up i will buy all the materials in building my house, cause owning a house is my first to make a happy family.
rio3233
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April 02, 2016, 06:51:56 AM
 #447

If you really make enough money with Bitcoin so you can buy a house why not. Buying a house is a good thing.
A house can also go up in value, so you can make money out of the house to.

Of course and it will also be pretty cool if you do no one can say the have done that if I'm honest right ?
In fact I do not know someone that ever bought a house with the bitcoin, I only heard people talking about a sold house in bitcoin.

im heard someone selling his house to invest at bitcoin in middle 2010
i think now he can get 3-4 house  Cheesy

It's rare to find people who want take a risk invest on bitcoin on that year. But today his invest become bigger and i'm sure he already sell it all and buy a house or more house for that.
joinal
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April 02, 2016, 06:58:06 AM
 #448

If you really make enough money with Bitcoin so you can buy a house why not. Buying a house is a good thing.
A house can also go up in value, so you can make money out of the house to.

Of course and it will also be pretty cool if you do no one can say the have done that if I'm honest right ?
In fact I do not know someone that ever bought a house with the bitcoin, I only heard people talking about a sold house in bitcoin.

im heard someone selling his house to invest at bitcoin in middle 2010
i think now he can get 3-4 house  Cheesy
I thought he was very grateful to have taken the right road, the price in 2010 is still classified as a very small, so when he sold his house, of course he got some bitcoin might maybebe more than 20 btc
and you know the price increased several-fold in 2012-2013

armansolis593
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April 02, 2016, 07:12:02 AM
 #449

If you really make enough money with Bitcoin so you can buy a house why not. Buying a house is a good thing.
A house can also go up in value, so you can make money out of the house to.

Of course and it will also be pretty cool if you do no one can say the have done that if I'm honest right ?
In fact I do not know someone that ever bought a house with the bitcoin, I only heard people talking about a sold house in bitcoin.

im heard someone selling his house to invest at bitcoin in middle 2010
i think now he can get 3-4 house  Cheesy
I thought he was very grateful to have taken the right road, the price in 2010 is still classified as a very small, so when he sold his house, of course he got some bitcoin might maybebe more than 20 btc
and you know the price increased several-fold in 2012-2013


That was a wise decision to do back then the price was so small and you can get a lot of bitcoin and compare it to its price now that person will be rich.
Kartikay
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April 02, 2016, 09:24:18 AM
 #450

We all want a house to live peacefully. Yes , you should buy it.What is the purpose of earning if you can not spend it!!
And specially if you have plan to live somewhere for long term then you should definitely buy one.
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April 02, 2016, 10:12:16 AM
 #451

[

im heard someone selling his house to invest at bitcoin in middle 2010
i think now he can get 3-4 house  Cheesy
I am sure he or other early adopters of bitcoin now have more than a house probably they have some palaces!
yes, it is just one great example.
However, if we do that right now I can not guarantee that the result will be like that.  Embarrassed
how lucky  Grin
plost24
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April 02, 2016, 10:22:52 AM
 #452

[

im heard someone selling his house to invest at bitcoin in middle 2010
i think now he can get 3-4 house  Cheesy
I am sure he or other early adopters of bitcoin now have more than a house probably they have some palaces!
yes, it is just one great example.
However, if we do that right now I can not guarantee that the result will be like that.  Embarrassed
how lucky  Grin
he just take risk and try his luck. maybe he is crazy that time but now he can say he is a genius he invest in btc in the right time with high amount and he got a high profit.
if i was him i will not do it in that time is really scary to risk a house it is a high type of gambling but he belivre in bitcoin and that is why he got lucky.

For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
haileysantos95
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April 02, 2016, 10:27:54 AM
 #453

[

im heard someone selling his house to invest at bitcoin in middle 2010
i think now he can get 3-4 house  Cheesy
I am sure he or other early adopters of bitcoin now have more than a house probably they have some palaces!
yes, it is just one great example.
However, if we do that right now I can not guarantee that the result will be like that.  Embarrassed
how lucky  Grin
he just take risk and try his luck. maybe he is crazy that time but now he can say he is a genius he invest in btc in the right time with high amount and he got a high profit.
if i was him i will not do it in that time is really scary to risk a house it is a high type of gambling but he belivre in bitcoin and that is why he got lucky.

With the current flow of bitcoin in the market doing that right now will be a real big risk,he is just so luck that the price then was low and then skyrocket in few years but that wont happen again.
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April 02, 2016, 10:45:01 AM
 #454

Now.. It's difficult for BTC...
I think you can gaining your money.. If you investing with ETH, DASH, and others cryptocurrency...

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.
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April 02, 2016, 03:18:46 PM
 #455

Investing in real estate is a smart choice. Renting out the premises will bring you a nice steady income every month plus you could always sell the property later on for more than you bought it for. I would buy a couple of smaller apartments and live off the rent worry-free. One could always dream  Cool
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April 02, 2016, 09:23:30 PM
 #456

If you are living in a third world country and there you want to buy a house in the village then definitely you can buy a house with only one bitcoin but if you want to buy in city or in a first world country then you will need some high amount of bitcoin to buy that house.
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April 03, 2016, 02:39:39 PM
 #457

If you are living in a third world country and there you want to buy a house in the village then definitely you can buy a house with only one bitcoin but if you want to buy in city or in a first world country then you will need some high amount of bitcoin to buy that house.
No, even in third world countries, the price of house and lot is still high, you can't buy it with 1 bitcoin...except if the place is prone to flood, squatters area, or anything that could make you worry and could make your home inconvenient might really give you a low price..But if you found one that pays at a low price, definitely buy a house...
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April 04, 2016, 04:11:42 AM
 #458

If you are living in a third world country and there you want to buy a house in the village then definitely you can buy a house with only one bitcoin but if you want to buy in city or in a first world country then you will need some high amount of bitcoin to buy that house.

Upon our requirements the number of bitcoin needed for a buy will increase. If you feel that the price of bitcoin is quite ok, then go for a house as investing on property seems to be the best of all time.

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April 04, 2016, 08:08:02 AM
 #459

If you are living in a third world country and there you want to buy a house in the village then definitely you can buy a house with only one bitcoin but if you want to buy in city or in a first world country then you will need some high amount of bitcoin to buy that house.

Upon our requirements the number of bitcoin needed for a buy will increase. If you feel that the price of bitcoin is quite ok, then go for a house as investing on property seems to be the best of all time.
One of the best investments that you can make is that you must invest in a house, a house will always be more worth later in the future and that is quite good for all of us.
But you also need a lot of Bitcoin to buy a house with Bitcoin and than it can be nice.
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April 04, 2016, 08:32:17 AM
 #460

If you are living in a third world country and there you want to buy a house in the village then definitely you can buy a house with only one bitcoin but if you want to buy in city or in a first world country then you will need some high amount of bitcoin to buy that house.

Upon our requirements the number of bitcoin needed for a buy will increase. If you feel that the price of bitcoin is quite ok, then go for a house as investing on property seems to be the best of all time.
One of the best investments that you can make is that you must invest in a house, a house will always be more worth later in the future and that is quite good for all of us.
But you also need a lot of Bitcoin to buy a house with Bitcoin and than it can be nice.

Its true, although a house can also degrees in worth if the neighbor hood as a example is not good and there is a lot of criminal activity.
I think overall its good to buy a house with it and it also would be nice because you do not have to involve the bank than at all, so that would be pretty sweet right ?
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