molsewid
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October 15, 2016, 10:51:36 AM |
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How long until we can trade a house for a single bitcoin??
1 year, 2 years, 3 years?? What do you think about it?
It will takes more year's before this happens , Bitcoin is not that instantly grose price into maximum of prediction just be thankful that we have bitcoin and it has a price , Don't let your self push this thing like you are going to trade a house using 1 bitcoin this is really impossible. To make it happen.
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stadus
Legendary
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October 15, 2016, 01:01:50 PM |
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How long until we can trade a house for a single bitcoin??
1 year, 2 years, 3 years?? What do you think about it?
It will takes more year's before this happens , Bitcoin is not that instantly grose price into maximum of prediction just be thankful that we have bitcoin and it has a price , Don't let your self push this thing like you are going to trade a house using 1 bitcoin this is really impossible. To make it happen. Me, I would be happy even if I have to take more years for that to happen, what matters is it happens. With that prediction which I believe is too optimistic, I will be putting more for my investment of bitcoin in the future. I have to be thankful because I have been living in the a good community where most of the people believe that bitcoin would be a success, I cannot wait for the future, everyday it makes me excited especially when the price is good.
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Adrayrd
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October 17, 2016, 08:18:25 AM |
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How long until we can trade a house for a single bitcoin??
1 year, 2 years, 3 years?? What do you think about it?
I do not understand why people would trade in there house for only one Bitcoin because I do not think that the Bitcoin is going to be worth more then a house. Even if it would be more then I would not sell my house for a Bitcoin.
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Adelajda
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October 17, 2016, 10:04:32 AM |
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How long until we can trade a house for a single bitcoin??
1 year, 2 years, 3 years?? What do you think about it?
i am willing to trade my mud house for 1 BTC right now, i am accepting offers right now ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) what do you say ,are you interested about my offer !!!! ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Newcoins2020
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October 18, 2016, 02:24:55 PM |
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How long until we can trade a house for a single bitcoin??
1 year, 2 years, 3 years?? What do you think about it?
I would not trade in my house for only one Bitcoin because first of all it would be to much paperwork for only one Bitcoin it is not worth it at all. Then I have to find my self a other house which is also not going be easy.
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Shinpako09
Legendary
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Activity: 2058
Merit: 1015
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October 18, 2016, 03:41:17 PM |
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Someday a nice condo for 1 btc. Over 5 years for sure. For sure in Canada, that would be the case. A house in a regular
neighborhood that is just picket fence and hardworking parents, maybe sometime like that at LEAST 5-10 years.
I think its impossible to buy a nice condo with only 1btc within 5years or more. Its impossible for the price to jump so high that you can even buy a nice condo. Even the cheaper one I dont think 1btc is enough to purchased it in the next 5 years.
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sunsilk
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October 18, 2016, 11:45:50 PM |
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Someday a nice condo for 1 btc. Over 5 years for sure. For sure in Canada, that would be the case. A house in a regular
neighborhood that is just picket fence and hardworking parents, maybe sometime like that at LEAST 5-10 years.
I think its impossible to buy a nice condo with only 1btc within 5years or more. Its impossible for the price to jump so high that you can even buy a nice condo. Even the cheaper one I dont think 1btc is enough to purchased it in the next 5 years. Well that is just like a dream that I want to go to the mars. But buying a nice condominium unit for just 1 bitcoin? Well maybe you need to wait at least 50 years or even 20 years when the price is going to reach to $20,000 above. Because as of now. Value of bitcoin is not sufficient to buy your own home.
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Ziskinberg
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October 19, 2016, 12:14:58 PM |
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Someday a nice condo for 1 btc. Over 5 years for sure. For sure in Canada, that would be the case. A house in a regular
neighborhood that is just picket fence and hardworking parents, maybe sometime like that at LEAST 5-10 years.
I think its impossible to buy a nice condo with only 1btc within 5years or more. Its impossible for the price to jump so high that you can even buy a nice condo. Even the cheaper one I dont think 1btc is enough to purchased it in the next 5 years. Well that is just like a dream that I want to go to the mars. But buying a nice condominium unit for just 1 bitcoin? Well maybe you need to wait at least 50 years or even 20 years when the price is going to reach to $20,000 above. Because as of now. Value of bitcoin is not sufficient to buy your own home. Time will come that 1 Bitcoin will be valued at $100,000, I know you guys won't believe but me I am very optimistic with that as we are keeping our support in bitcoin and we have limited supply so with massive adoption the price will increase.
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Oilacris
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October 19, 2016, 12:29:38 PM |
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Someday a nice condo for 1 btc. Over 5 years for sure. For sure in Canada, that would be the case. A house in a regular
neighborhood that is just picket fence and hardworking parents, maybe sometime like that at LEAST 5-10 years.
I think its impossible to buy a nice condo with only 1btc within 5years or more. Its impossible for the price to jump so high that you can even buy a nice condo. Even the cheaper one I dont think 1btc is enough to purchased it in the next 5 years. Well that is just like a dream that I want to go to the mars. But buying a nice condominium unit for just 1 bitcoin? Well maybe you need to wait at least 50 years or even 20 years when the price is going to reach to $20,000 above. Because as of now. Value of bitcoin is not sufficient to buy your own home. Time will come that 1 Bitcoin will be valued at $100,000, I know you guys won't believe but me I am very optimistic with that as we are keeping our support in bitcoin and we have limited supply so with massive adoption the price will increase. I couldnt blame you if your perspective about bitcoin would reach that price but for me it would be impossible even though it would be succesful in the future. It would really need massive adoption for bitcoins price would rise this high.
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Bitcoinbro
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October 20, 2016, 01:14:38 PM |
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In theory, you could do so now if you were in a bind with taxes and wanted to create a capital loss to detect from your taxes. I'm not sure how well that would work in practice though, since you don't see people selling houses for a fiat dollar anymore.
I would not trade in my house for just 1 bitcoin because that is asking for trouble I do not believe that 1 bitcoin is going to be worth as much as a house. That is crazy and I am sure that I would never do it not even for 2 bitcoin.
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Tasmonid
Member
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Decentralized Transportation Economy
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October 23, 2016, 09:52:51 AM |
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In theory, you could do so now if you were in a bind with taxes and wanted to create a capital loss to detect from your taxes. I'm not sure how well that would work in practice though, since you don't see people selling houses for a fiat dollar anymore.
I would not trade in my house for just 1 bitcoin because that is asking for trouble I do not believe that 1 bitcoin is going to be worth as much as a house. That is crazy and I am sure that I would never do it not even for 2 bitcoin. It depnds on the timing. At the moment, I can trade my house for 10,000 bitcoins, but in the future, 10 will be fine.
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hajimasan
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October 23, 2016, 10:42:13 AM |
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How long until we can trade a house for a single bitcoin??
1 year, 2 years, 3 years?? What do you think about it?
since i am not a bug trader but some of my friends.makes more then one btc in ine month but there initial investment and deals in the bitcoin is about 7 btc . so here i think time doesn't matter ..Matter only things of knowledge and money in starting .
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Jasad
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Merit: 1002
= jasad =
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October 23, 2016, 11:38:53 AM |
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In theory, you could do so now if you were in a bind with taxes and wanted to create a capital loss to detect from your taxes. I'm not sure how well that would work in practice though, since you don't see people selling houses for a fiat dollar anymore.
I would not trade in my house for just 1 bitcoin because that is asking for trouble I do not believe that 1 bitcoin is going to be worth as much as a house. That is crazy and I am sure that I would never do it not even for 2 bitcoin. It depnds on the timing. At the moment, I can trade my house for 10,000 bitcoins, but in the future, 10 will be fine. someone have bought 1 box pizza for 10,000 bitcoin before , and now you can buy more than 100 pizza with 1 bitcoin only , this could be a similar case when bitcoin price rocketed up to $100,000 per 1 bitcoin , then you can buy a small house for 1 bitcoin only , it is not something impossible , it is really possible.
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nara1892
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October 24, 2016, 01:20:27 AM |
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How long until we can trade a house for a single bitcoin??
1 year, 2 years, 3 years?? What do you think about it?
I think we need more time. the first, we need to learn how to trade well in 1-2 years. and then we carefully trade at the 3rd-4th year, and we probably know how to get high profit in trading in the 5th-6th year. finally we need 3-4 years to get many bitcoins to buy a dream house.
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Rostadom
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October 24, 2016, 05:03:47 AM |
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I guess OP will be waiting for a looong time. A house costs at least ~10,000USD in most places and that's just a simple house. In addition to that, properties like a house increases over time as well. They increase pretty rapidly. I don't think bitcoin will be able in the price that you can buy a house in just 3 years. It will take decades or maybe even a century before people dump their fiat money and pump bitcoin into this price.
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halych
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October 24, 2016, 10:00:21 AM |
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That may not happen. The problem is, even in the design of such a transaction. And the price of Bitcoin has not this to be equivalent to the real estate
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Fatanut
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October 24, 2016, 10:04:04 AM |
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Your lifetime might not even be enough to wait for this long. A house costs a lot and the price of 1 bitcoin right now is far from that price range. It takes a lot of time for the price of bitcoin to increase. I'm sorry but I think you should stop dreaming about this 1BTC = 1 house. You would either be dead or too old before this ever happens. Not to mention that properties like a house increases over time as well and it increases pretty quickly.
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MaddestScientist
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October 24, 2016, 01:57:45 PM |
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House price varies hugely depending on location. In the city I live, I am very confident that I cannot buy a house with just 1 BTC during my lifetime as the housing price is crazy. A nice 100 m^2 apartment (forget about "houses", which are even crazier) currently costs over 4000 BTC ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) How long until we can trade a house for a single bitcoin??
1 year, 2 years, 3 years?? What do you think about it?
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Tasmonid
Member
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October 27, 2016, 06:09:21 PM |
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House price varies hugely depending on location. In the city I live, I am very confident that I cannot buy a house with just 1 BTC during my lifetime as the housing price is crazy. A nice 100 m^2 apartment (forget about "houses", which are even crazier) currently costs over 4000 BTC ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) How long until we can trade a house for a single bitcoin??
1 year, 2 years, 3 years?? What do you think about it?
That means the price of the bitcoin has to increase 4000 times. If the price rises 100% a year, it will take 12 years.
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Milkduds
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October 27, 2016, 07:18:43 PM |
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How about not in this life,it would take bitcoin a long process to be equal to a house in my hood (Average 1.2 million) and I am not even rich! Chinese flooded in and things went haywire,so I do not see bitcoin hitting that level. My opinion is that bitcoin will be around for a long time but it will go the way of the dodo due to advancements in technology. Some of you are not old enough to know a time before the internet or early internet,people never saw a lot of the stuff coming that we now have in such a short time.
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