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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133889 times)
Ziskinberg
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June 26, 2016, 07:53:28 AM
 #801

Well if bitcoin goes up very high I suggest you convert it to fiat then buy yourself a house if you want. It would be easier to legalize it when you buy through fiat than to buy using bitcoin. That way you can safely buy a house.
Lol yeah of course you need to convert it to a fiat to buy bitcoin. not because lagalisasi of bitcoin. but I'm pretty sure there is no home sellers who accept bitcoin as a payment option

Yes you would have to convert it first lol that would be the smartest thing but you should also probably buy the house without dirty money, bitcoin to me is dirty money because it could have been from drug sales or gun sales and i really dont like that feeling.
Most people think that bitcoins are dirty money because of the bad news but as believer we should promote to change the perception of the people about bitcoins because that is the only way we can attract them. My strategy is just to hold bitcoins for a long period of time and if the price will go high then sold it, nothing dirty with that.

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June 26, 2016, 09:06:29 AM
 #802

Well if bitcoin goes up very high I suggest you convert it to fiat then buy yourself a house if you want. It would be easier to legalize it when you buy through fiat than to buy using bitcoin. That way you can safely buy a house.
LOL of course, because there is no realtor or homeowner who would sell their house with bitcoin? lol
maybe not for today dude
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June 26, 2016, 09:31:27 AM
 #803

Yes its possible if you have 10 btc and 1 btc cost 1000$ you can possibly make your own house with that kind of money
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June 26, 2016, 09:43:59 AM
 #804

Well if bitcoin goes up very high I suggest you convert it to fiat then buy yourself a house if you want. It would be easier to legalize it when you buy through fiat than to buy using bitcoin. That way you can safely buy a house.
Lol yeah of course you need to convert it to a fiat to buy bitcoin. not because lagalisasi of bitcoin. but I'm pretty sure there is no home sellers who accept bitcoin as a payment option
Perhaps, you are right maybe in the futures even when the bitcoin has been recognized as a currency by certain countries is not likely anyone receiving bitcoin as an payment of the purchase of the house because according to my point of view too-risk using bitcoin for it. one thing make some people to not use bitcoin is because no evidence of a strong law in bitcoin if one mistake.

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June 26, 2016, 09:54:15 AM
 #805

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.



Yes, you can buy a house if bitcoin goes very high but you have to wait for several years to buy a house And i guess when bitcoin price reaches 30000 USD then you can easily buy a house in 4 5 btc Tongue
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June 26, 2016, 10:20:31 AM
 #806

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.



Yes, you can buy a house if bitcoin goes very high but you have to wait for several years to buy a house And i guess when bitcoin price reaches 30000 USD then you can easily buy a house in 4 5 btc Tongue
With 10 BTC on hand, I can already buy a house right now. I know my desire with the house and I am not living in a luxurious lifestyle so that would be find with me. I will save that and I hope to achieve that in a year.

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June 26, 2016, 10:25:12 AM
 #807

If you mean to sell you coins and invest them in real estate's its good idea. That is much safer then btc, but its not just buying a house, there is million things you should be careful about. And you are talking about future, we don't know when we will see btc so high, maybe even never.  I'm a believer, and I hope it will happen in next 20 years, but before that is hard in my opinion. First to survive next 5, don't you she what is happening around the world.



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June 26, 2016, 08:40:01 PM
 #808

Well if bitcoin goes up very high I suggest you convert it to fiat then buy yourself a house if you want. It would be easier to legalize it when you buy through fiat than to buy using bitcoin. That way you can safely buy a house.
Lol yeah of course you need to convert it to a fiat to buy bitcoin. not because lagalisasi of bitcoin. but I'm pretty sure there is no home sellers who accept bitcoin as a payment option

Yes you would have to convert it first lol that would be the smartest thing but you should also probably buy the house without dirty money, bitcoin to me is dirty money because it could have been from drug sales or gun sales and i really dont like that feeling.
wtf I think bitcoin is not dirty money? which makes dirty is the users themselves? the dollar could also be used to buy weapons, drugs and others? is it will you call the dollar as dirty money? lol
I think not a problem if people pay house with bitcoin. on condition that the seller accept that option
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June 26, 2016, 09:32:33 PM
 #809

Well if bitcoin goes up very high I suggest you convert it to fiat then buy yourself a house if you want. It would be easier to legalize it when you buy through fiat than to buy using bitcoin. That way you can safely buy a house.
Lol yeah of course you need to convert it to a fiat to buy bitcoin. not because lagalisasi of bitcoin. but I'm pretty sure there is no home sellers who accept bitcoin as a payment option

Yes you would have to convert it first lol that would be the smartest thing but you should also probably buy the house without dirty money, bitcoin to me is dirty money because it could have been from drug sales or gun sales and i really dont like that feeling.
wtf I think bitcoin is not dirty money? which makes dirty is the users themselves? the dollar could also be used to buy weapons, drugs and others? is it will you call the dollar as dirty money? lol
I think not a problem if people pay house with bitcoin. on condition that the seller accept that option


Yes all paper money is dirty money because that is all untraceable and that's what people use it for is for illegal activities. You really arent looking at this the way we are. You're looking at this like we're all looking at EVERYONE that uses btc as the bad guy, when in reality we're just pointing out the flaws in btc and why we think that.
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June 26, 2016, 10:28:34 PM
 #810

I think it's up to you if bitcoin ride height certainly you would be cheaper to pay for goods with bitcoin. you only pay for goods with a little bitcoin? surely you will get huge profits when prices rise high. yeah I also dream that I want to buy a house by bitcoin. but the price does not go up high Lol
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June 27, 2016, 01:52:51 AM
 #811

I think it's up to you if bitcoin ride height certainly you would be cheaper to pay for goods with bitcoin. you only pay for goods with a little bitcoin? surely you will get huge profits when prices rise high. yeah I also dream that I want to buy a house by bitcoin. but the price does not go up high Lol

Yeah! buy a house when the price will be high in the future, right now to achieve our plan we should be discipline to save a certain portion of our earnings, it is necessary to realize our plan and diversify our investment also to minimize the losses.

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June 27, 2016, 02:29:52 AM
 #812

It would be cool if you can make this happen but its gonna be very difficult, of course everyone is hoping that the bitcoin is gonna go to a high very high amount but this will not happen in my eyes, this year the max will be around the 1500 dollar.
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June 27, 2016, 02:55:20 AM
 #813

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.
Technically, anything real-estate is a bad investment in my opinion.

You have a large chunk of your property as an immovable thing that's just sitting there. If ever you need to sell the house, the price would have to be lower than what you bought it for. If ever there's a disaster, you can't simply walk away with your house.

If I were me, I'd just rent a reasonably-priced flat. All responsibility regarding it would be shouldered by the landlord (repair, taxes, papers, etc.) If there was a disaster, you don't worry about your place because that's the landlord's job. You would simply just pay a monthly fee. Lesser stress, lesser financial burden.
What do you want? A house with nothing in it or a modestly-sized flat that's filled with stuff that matters?
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June 27, 2016, 05:56:34 AM
 #814

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.
Technically, anything real-estate is a bad investment in my opinion.

You have a large chunk of your property as an immovable thing that's just sitting there. If ever you need to sell the house, the price would have to be lower than what you bought it for. If ever there's a disaster, you can't simply walk away with your house.

If I were me, I'd just rent a reasonably-priced flat. All responsibility regarding it would be shouldered by the landlord (repair, taxes, papers, etc.) If there was a disaster, you don't worry about your place because that's the landlord's job. You would simply just pay a monthly fee. Lesser stress, lesser financial burden.
What do you want? A house with nothing in it or a modestly-sized flat that's filled with stuff that matters?
We have our own decision because some considered real state as assets and some as liability, but if you could transform your real estate to earn for you like rent it then that would be a good plan, of course disaster might come so need to insured the building to cover up losses when calamity hit your area.

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June 27, 2016, 06:42:28 AM
 #815

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.

Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin! Wink

Yeah i know but maybe not on this next bull run.  Lets say we hit $3k- $4k in the next few months which could happen i doubt everyone well accept bitcoins for houses. Some people will sure.



cash your btc and pay them with dollars. anyway i think you should buy a house with your btc. if i had huge amount, i would sure do it.
Iceborn
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June 27, 2016, 08:28:03 AM
 #816

Lol if you have that lot of coins you should defently buy a house because the bitcoin will not hold on that point so you will only have allot of profit when you are buying a house right now but you need to make sure that you are intime not that the price has dropped yet.
Dr.Osh
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June 27, 2016, 09:52:04 AM
 #817

Lol if you have that lot of coins you should defently buy a house because the bitcoin will not hold on that point so you will only have allot of profit when you are buying a house right now but you need to make sure that you are intime not that the price has dropped yet.
I guess, pride can buy a house using bitcoin, even if I have bitcoin more so after buying a house, I would probably buy a place to be made in the business area, and I think to buy some of the needs of others as well, such as cars, motorcycles, or things like that, it will make you become better and better assessed in the public eye

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tobito
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June 27, 2016, 10:05:26 AM
 #818

have a home is everybody's dream, so when the bitcoin price is high, I would buy a house.
phreaky
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June 27, 2016, 12:29:58 PM
 #819

Lol if you have that lot of coins you should defently buy a house because the bitcoin will not hold on that point so you will only have allot of profit when you are buying a house right now but you need to make sure that you are intime not that the price has dropped yet.
You could buy a house if you want to that is your choice you should do want you want to do with your money.
I think that I am going to buy a nice car with the Bitcoin money that I am going to make in the future.
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June 27, 2016, 01:10:44 PM
 #820

Yes
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