My two weeks summer vacations are ending, preceded by two weeks where I didn't work much as I went to see Olympic events.
As usual I'm not too happy about going back to work, but with $100K BTC on the horizon, then $150K BTC, then $200K BTC, I'm more and more wondering why work ?
I still haven't been able to buy a house for various reasons so I have a big stash of cash, enough to live off a few years renting a villa in Bali or something, waiting for my BTC stash to become fuck you money...
Friend, since you waited and couldn't buy a house, you should be patient for a while longer. Of course the bull run will pump the price of Bitcoin to the maximum, so patience is needed here.
You wait calmly of course you can buy double house in future your bitcoins will multiply. Bitcoin may touch 100k and 150k dollar soon after its bull run.
aesma has been mentioning the house-buying topic for quite a while, maybe even a whole bitcoin cycle, so he seems to be pretty patient, when it comes to the housing matter.
On the other hand, I do appreciate the point that with the passage of time it has been taking way and way fewer bitcoin to buy the same house, even if the house might have had gone up 50% or more in the past several years..
I was attempting to have a similar conversation with a renter who is in the process of becoming a first-time home buyer, and my suggestion was to NOT get so anxious in regards to getting a house and perhaps investing in bitcoin for a whole cycle or more and then revisiting the housing matter a wee bit down the road.. .. but yeah, people can sometimes get anxious to stretch their budgets in order to get into a house of their own, even if they are going to end up considerably debt-laden and with quite a few burdens and costs (my friend's chosen housing situation was within a home owners association kind of a set-up so the association fees did not even seem to be that attractive from my perspective, either).
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