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Author Topic: Trade house for 1 bitcoin  (Read 15286 times)
whizz94
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January 16, 2016, 06:37:20 PM
 #41

The question was not phrased as "when will 1 BTC = X 00,000 $ and house prices at X 00,000 $ are less than the BTC/$". 
It was "when will 1 BTC = 1 house".
That, I think, happens when enough trade has become decoupled from $
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January 16, 2016, 06:45:59 PM
 #42

I think it will be more than 30 years to buy a house at a price of 1 BTC and that means 1 BTC must be $100k Grin

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January 18, 2016, 12:00:36 PM
 #43

i dont think you can buy house using 1 bitcoin, because i am quite sure bitcoin will not rise that high even in 20 years again

if you say renting house using 1 bitcoin that is still makes sense


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January 20, 2016, 06:41:03 PM
 #44

That definitely depends upon what the price of that house is...
There are houses that are available even at $10k, so if BTC reaches $10k, it will be easier for anyone to buy house for BTC...

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January 20, 2016, 06:58:02 PM
 #45

Well I believe this will take longer than just 3 years, that's just a way to short amount of time for bitcoin to grow that big.

I believe it will be another 10 - 30 years at least for you to rent an apartment even. This is all depending on how much demand there will be for bitcoin.
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January 20, 2016, 07:46:29 PM
 #46

Maybe someday we are able to make a purchase like this. But not any time soon.
I think by the time this is made possible all bitcoins have been mined already.
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January 20, 2016, 09:30:11 PM
 #47

I would like that. In our country it would cost US$20,000. But by then there may be lot of issues and advance technologies will take over our society.
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January 21, 2016, 02:36:38 AM
 #48

It will take more than 10 years, and many halving. And by that more than 10 years expect the price of a house and lot to increase almost double to triple.  Smiley

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January 21, 2016, 03:20:56 AM
 #49

How long until we can trade a house for a single bitcoin??

1 year, 2 years, 3 years?? What do you think about it?

If you calculate the cheapest house it should be 35k $ around, so if 1 Bitcoin is traded for 35k $ that day you can buy a house. This is simple math. We can expect 35k $ per Bitcoin in 10 to 15 years approximately.
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January 21, 2016, 03:25:08 AM
 #50

Lol, depends on what house and what location of course, but to give you a rough figure, I don't think we would ever see the equivalent of $100.000 (in 1 BTC) before 2030. And such predictions are useless because Bitcoin runs the risk of becoming obsolete or a novelty much earlier than that. If we could reach $5000 before 2020 then we would be on course I think, Bitcoin will definitely be getting some massive attention for that price to happen.
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January 21, 2016, 03:39:51 AM
 #51

How long until we can trade a house for a single bitcoin??

1 year, 2 years, 3 years?? What do you think about it?

As of today, in my country as long as I know.
A small house and lot cost about 40 bitcoins.
So, its like 40x more of 1 bitcoin. So i think,
Maybe about 30 yrs. or more. to buy a house with only 1 btc. Tongue

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January 21, 2016, 06:29:52 AM
 #52

I think it will be more than 30 years to buy a house at a price of 1 BTC and that means 1 BTC must be $100k Grin

Its not fair to get a house at a price of even after 30years as you mentioned. No possiblily is there to reach the value of because after years the value is at the margin of 400$, in such a way calculate it, atleast we can have a prediction of what it would be.

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January 21, 2016, 08:10:17 AM
 #53

It will definitely be a long time. Not just a couple of years.

 
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January 21, 2016, 08:14:34 AM
 #54

Yes you can trade a toy house for one bitcoin, but for a real bitcoin.
We need at least some years man it will be just difficult to buy or trade it.

Bitcoin is for now that stable for a high price so we will see how much years it takes.
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January 21, 2016, 08:29:57 AM
 #55

Yes you can trade a toy house for one bitcoin, but for a real bitcoin.
We need at least some years man it will be just difficult to buy or trade it.

Bitcoin is for now that stable for a high price so we will see how much years it takes.

We're going to need more then some years.
It will be decades for this to be even close to buying half a house

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January 21, 2016, 10:10:19 AM
 #56

This is quite possible but not for another 10 - 15 years or so. Even then, you might only be able to trade 1 bitcoin in for a house in a third world country.
Who knows what will happen in the future with bitcoin.
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January 21, 2016, 10:26:48 AM
 #57

This is quite possible but not for another 10 - 15 years or so. Even then, you might only be able to trade 1 bitcoin in for a house in a third world country.
Who knows what will happen in the future with bitcoin.
This is quite possible but not for another 10 - 15 years or so. Even then, you might only be able to trade 1 bitcoin in for a house in a third world country.
Who knows what will happen in the future with bitcoin.

It might be possible but I think we will have our own house before that happens.
Bitcoins is always been not that stable is always going down and up again so we will see if that happen.
I will suprise if some day with my 1 coin will buy a house.


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January 22, 2016, 02:54:43 AM
 #58

If you buy a house in the ghetto you can probably get it done today, especially in the rust belt

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January 22, 2016, 06:21:51 AM
 #59

Douche. I was about to try and buy your house for 1 BTC.
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January 22, 2016, 08:07:39 AM
 #60

Never...and I'm being optimistic. Never in our life time at least. And by house, they vary. You have houses worth millions, and you have houses worth hundreds of thousands. Where do you draw the line? Perhaps houses wouldn't be the best categorical  quantity to use  Wink
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