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Author Topic: Trade house for 1 bitcoin  (Read 15286 times)
Betwrong
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April 08, 2016, 08:53:42 AM
 #121

Surely more than one year. Where I live, cheap housing is about 600,000k if you're super lucky. Normal housing is like, 1.2 million.

I'd say 10 years if you're lucky, but IMHO bitcoin will never be that strong. Sorry.

That depends on the country you are living in. Seeing your numbers I presume you are talking about a house in big European city, but in many countries you can buy a decent house for as low as $20k.

You may check by yourself:

https://www.propertyunder20k.com/cheap-houses-for-sale

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Indrawan77
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April 08, 2016, 11:12:41 AM
 #122

I dont think that is going to happen, if bitcoin can raise more than 10.000$ we will have a lot of new millionaire
It will cause an economic devastation if bitcoin reach that high price
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April 08, 2016, 02:58:45 PM
 #123

I dont think that is going to happen, if bitcoin can raise more than 10.000$ we will have a lot of new millionaire
It will cause an economic devastation if bitcoin reach that high price

Certainly if the price reach $10000 it would surely create a economic degrading. But only new millionaires won't be all because of bitcoin.

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iram66680
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April 08, 2016, 03:19:13 PM
 #124

Surely more than one year. Where I live, cheap housing is about 600,000k if you're super lucky. Normal housing is like, 1.2 million.

I'd say 10 years if you're lucky, but IMHO bitcoin will never be that strong. Sorry.

That depends on the country you are living in. Seeing your numbers I presume you are talking about a house in big European city, but in many countries you can buy a decent house for as low as $20k.

You may check by yourself:

https://www.propertyunder20k.com/cheap-houses-for-sale
Most of those house that are listed are in Bulgaria. Who wants to live there? Most of them are in the country so no source of work or shops to buy your food.
Some of the others are in Greece, so no surprise there, as they are desperate for money there since last year.

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April 08, 2016, 03:39:53 PM
 #125

Nowdays, it's hard to find a house priced 1 bitcoin for a house. It's really cheap, and if you found one, it must be a small house for living or a rent house. I think you need more bitcoins for buying a house.
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April 08, 2016, 04:31:02 PM
 #126

Nowdays, it's hard to find a house priced 1 bitcoin for a house. It's really cheap, and if you found one, it must be a small house for living or a rent house. I think you need more bitcoins for buying a house.

lol dont too serious to respond to this. obviously you will not find a home at a price of 1 bitcoin, except the rent.
you may have to wait for the price of bitcoin $100k

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April 08, 2016, 04:33:11 PM
 #127

well it depends on how much money is your house worth, if its really expensive you might need to wait for a really long time in my opinion in order to sell your house for just 1 bitcoin

though if its not new accommodation and not expensive it might take a few decades only until your house or flat will be worth one bitcoin
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April 08, 2016, 08:13:56 PM
 #128

I dont think that is going to happen, if bitcoin can raise more than 10.000$ we will have a lot of new millionaire
It will cause an economic devastation if bitcoin reach that high price

Dont say it cant be done lol.

I mean just cause we cant understand how theres a possible chance of more millionaires being a early adopter doesnt mean we cant have many.

Its similar how people buy early shares of microsoft or anything big before it went public.

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April 08, 2016, 09:59:22 PM
 #129

I think you will need to wait at least untill it's 2030 as Amph also said. By that time we know what's really left of Bitcoin. 1 Bitcoin by that time can be worth tens of thousands, or it will end up costing just a few bucks.

So true, I do believe blockchain tech will continue to move forward and there will be a network of chains/coins moving about the world.  Most likely bitcoin will be one of them, but you never know ..

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April 08, 2016, 10:18:29 PM
 #130

In June 2014, I sold 15 btc for $9000 for a used car. In 14 years, I'd hope to pay 1.5 btc for a nice condo.

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April 09, 2016, 11:55:29 AM
 #131

Nowdays, it's hard to find a house priced 1 bitcoin for a house. It's really cheap, and if you found one, it must be a small house for living or a rent house. I think you need more bitcoins for buying a house.

Finding one user who is willing to sell his house in exchange for 1bitcoin is really not possible even if price goes equal or more than $10000.

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April 09, 2016, 07:42:37 PM
 #132

It will be possible only if construction materials wiil become mega cheap. I don't really belive on it so my prediction - it will never happen.

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April 10, 2016, 01:37:17 AM
 #133

Well i thinked i had read wrong but you expecting to build or get a house for 1 btc well i believe and pretty sure bitcoin has good things to achieve but cross the 1000 once again and keep above those ammount is already a challenge for the next years.
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April 10, 2016, 04:21:51 AM
 #134

It will be possible only if construction materials wiil become mega cheap. I don't really belive on it so my prediction - it will never happen.

That's right, if every materials were made from recycled things, and the prices is very low...Probably this will never really happen that we can trade 1 bitcoin for a house...As we all know as time pass by, the prices of house and lots increases too..
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April 10, 2016, 04:44:16 AM
 #135

depends on the price, you will need to wait at least 5 to 6 years till the price of bitcoin and/or the price of flat drops.
good luck of holding 1 bitcoin for your house. Smiley

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April 10, 2016, 04:47:22 AM
 #136

depends on the price, you will need to wait at least 5 to 6 years till the price of bitcoin and/or the price of flat drops.
good luck of holding 1 bitcoin for your house. Smiley

even wait until 5-6 years also it's not necessarily that we could buy a house with price 1 BTC. possibly 5-6 years house prices are increasing.
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April 10, 2016, 05:45:49 AM
 #137

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 have the quantity to make up for it, you can buy a house now intitially.

But if youre expecting the value at $1k marker, I say give it another 3-4 years minimum.. assuming you have that many bitcoins.
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April 10, 2016, 11:07:54 AM
 #138

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 have the quantity to make up for it, you can buy a house now intitially.

But if youre expecting the value at $1k marker, I say give it another 3-4 years minimum.. assuming you have that many bitcoins.
Yeah if the price goes $1k you can earn some good profit. Again it is a difficult task to buy a house, may be within 5 years the dream comes true because in our country buying a new house costs too much.

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April 10, 2016, 11:13:48 AM
 #139

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 have the quantity to make up for it, you can buy a house now intitially.

But if youre expecting the value at $1k marker, I say give it another 3-4 years minimum.. assuming you have that many bitcoins.
Yeah if the price goes $1k you can earn some good profit. Again it is a difficult task to buy a house, may be within 5 years the dream comes true because in our country buying a new house costs too much.

i don't think i'll ever be able to buy a house in my country with just 1 bitcoin. if you calculate all the costs plus the tax and the cost of the house itself, then an average house will cost you around €200,000 where i live. that means i'll need to see bitcoin reach a value of $228,000 which i can't see happen, ever. it is and will stay nothing more than a dream for all of us.
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April 10, 2016, 11:30:16 AM
 #140

It is nearly impossible to buy an house for only 1 btc.
House prices should be very low and btc prices should be high like, btc needs to be used in %30 of whole world etc.
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