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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133947 times)
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June 12, 2016, 04:13:51 AM
 #741

Finally a house is only one thing more that  you can buy if that happen.
Man I think we can really realize buying a house because as of today bitcoins price is going crazy up. I don't know that is happening that push the price to really go this up. Is it the halving or the real demand of the people?

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June 12, 2016, 04:19:50 AM
 #742

Finally a house is only one thing more that  you can buy if that happen.
Man I think we can really realize buying a house because as of today bitcoins price is going crazy up. I don't know that is happening that push the price to really go this up. Is it the halving or the real demand of the people?
I'll give the most likely explanation; speculation about the halving.

Since a lot of the miners don't really publicize their numbers and thus we can't tell how much one Bitcoin has to eb valued in order for them to maintain their operation, it's a giant guessing game right now where all the investors are hoping that miners were taking on slight debt to maintain their operations while waiting for the halving, and selling their Bitcoins at a large value now, and then paying their debts and walking off with a lot of money.

We have to find out what the absolute smallest amount of money miners can afford to sell their Bitcoin for, and that's where the value of Bitcoin (should) go after the halving, which would be roughly double whatever they sell for now.
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June 12, 2016, 05:01:26 AM
 #743

Yeah buying a house can be a good idea off course Cheesy and rest with rest of your money you can invest in some company for shares Cheesy
good luck ! Smiley
I think it's better to buy a house or real estate that has prices continue to rise. I believe the risk of the investment is very low here.
apart that if you invest in stocks

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June 12, 2016, 05:16:29 AM
 #744

Yes ofcourse you can buy a house using bitcoin when its price got up but that will be onl possible if you're holding huge amount of btc.Bitcoin prrtty sure hit $3k-$4k mark soon on future so hold it untill that time and buy your house

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June 12, 2016, 05:45:37 AM
 #745

I think, it's better to wait and holding all your bitcoins first for now. Because the price of bitcoin is increase again right now and it will be increase again until the halving.
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June 12, 2016, 05:57:09 AM
 #746

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.

Well, houses are basically a piece of paper. You don't own the house itself, you own the proof of ownership of the house. Anyone can enter your house by picking your lock... And it's damn easy.

That's my logic. I think a much better option would be to invest in something else that you believe in.
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June 12, 2016, 06:01:53 AM
 #747

Yeah buying a house can be a good idea off course Cheesy and rest with rest of your money you can invest in some company for shares Cheesy
good luck ! Smiley
I think it's better to buy a house or real estate that has prices continue to rise. I believe the risk of the investment is very low here.
apart that if you invest in stocks


We can buy a house with bitcoin now, if you have a lot of bitcoin It 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 but fiat won't move fast that much.
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June 12, 2016, 06:16:29 AM
 #748

If you are talking about buying a house with one bitcoin then it is much harder and I think it will take dozens of years for bitcoin to reach that value, but if you have a number of bitcoins and you are waiting for the price rise which is expected in this halving then yes it will be possible.
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June 12, 2016, 06:28:18 AM
 #749

you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.
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June 12, 2016, 06:33:09 AM
 #750

you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.

Why not! If I had enough bitcoins to buy me a house or my own apartment I would buy it today. Life is too short and if you have the money don't want. Investing in real estate market is also a good option. It is possible that bitcoin price in the future would be a lot better, but if you want to wait 10 years for that to happen
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June 12, 2016, 08:32:20 AM
 #751

you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.

I doubt he's talking about after the halving. He is talking about "When bitcoin goes very high" which probably isn't after halving.

I'd say no to a house because I think holding bitcoins is probably the best thing to do whatever the market circumstances are. Unless the bitcoin price is a bubble, then I think it's fair to say bitcoin will retain its value in the long term.
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June 14, 2016, 07:40:24 AM
 #752

you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.

I doubt he's talking about after the halving. He is talking about "When bitcoin goes very high" which probably isn't after halving.

I'd say no to a house because I think holding bitcoins is probably the best thing to do whatever the market circumstances are. Unless the bitcoin price is a bubble, then I think it's fair to say bitcoin will retain its value in the long term.
You only buy a house if you are holding an extra amount of bitcoins, if that will fit on your budget then go. But for me, holding bitcoins is the best option for now as the price is substantially increasing. This is the best opportunity that we should not miss and instead we should take advantage on it.

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June 14, 2016, 08:06:58 AM
 #753

you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.

Yes we know we are no able to buy an house with just 1 bitcoin. Even the bitcoin goes up or down. It is one of the things that we are dreaming of.
To buy our own house. And it is the first on my first, to buy my own house. And I know it will happen soon, if I'm going to work hard, and also with the help of bitcoin.

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June 14, 2016, 08:09:41 AM
 #754

Real estate is the best form of investment in my opinion. You don't even need to rent out to people to realize the gains immediately. If you buy a house outright with cash then that's a mortgage payment you save so $800/month at least. That's huge in itself. Now you can decide to rent your property out and also live somewhere else while making $1,200/month doing nothing.
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June 14, 2016, 08:23:30 AM
 #755

Real estate is the best form of investment in my opinion. You don't even need to rent out to people to realize the gains immediately. If you buy a house outright with cash then that's a mortgage payment you save so $800/month at least. That's huge in itself. Now you can decide to rent your property out and also live somewhere else while making $1,200/month doing nothing.

Yes, in real estate it is the one of the best investment if you can avail one of it. And if you are a real estate agent it is one of the high paying jobs,
once you are able to sell one unit. And your suggestion is good enough if we are going to try it out.

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June 14, 2016, 02:06:19 PM
 #756

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.
I think that buying a house is one of the best things that you could buy because it is something that you will use everyday. So I think that it is a good idea to buy a house.
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June 14, 2016, 11:02:04 PM
 #757

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.
I think that buying a house is one of the best things that you could buy because it is something that you will use everyday. So I think that it is a good idea to buy a house.

And even the price of bitcoin doesn't go up very high. Then it is a must to buy your own house. I'm really excited to buy my own house and lot.
And the partner of it is a good car, even I have a cheap car that doesn't matter, as long as I can use both of them.  Cheesy

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June 15, 2016, 09:12:25 AM
 #758

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.
Yeah it is a good thing to buy a house if you can do it with Bitcoins. A house is very important and the best thing that you can buy because it can also go up in value.
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June 18, 2016, 10:38:35 AM
 #759

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.
Yeah it is a good thing to buy a house if you can do it with Bitcoins. A house is very important and the best thing that you can buy because it can also go up in value.
Buying a house is a good option because that would determine that you are already rich when you have a good house, and the fact that you have bought a house through bitcoins will make you more proud.

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June 18, 2016, 10:50:39 AM
 #760

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.
Yeah it is a good thing to buy a house if you can do it with Bitcoins. A house is very important and the best thing that you can buy because it can also go up in value.
Buying a house is a good option because that would determine that you are already rich when you have a good house, and the fact that you have bought a house through bitcoins will make you more proud.

For me buying an house is really a good thing to buy for your own good. And it is a very great feeling when you bought an house with the use of bitcoin. And even the price is not going up we need to buy our own houses in able to have a good investment in real property.

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