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Author Topic: Trading Bitcoin for real estate?  (Read 5894 times)
azguard
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August 15, 2017, 07:31:14 PM
 #61

Buying real estate with bitcoin is not fantasy anymore. Now this is something that depend from country to country and off course location of apartment or house depend what is on sale.
This is something that is becoming global on buying house with bitcoins. But if this continues like this you will need 3-5 to buy something good almost anywhere in the world.

Dont you all agree?



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August 15, 2017, 09:25:47 PM
 #62

There are some people that I saw here who are selling secondary houses for bitcoins, but they are an exception. In fact I think that there are vey few houses on the market for bitcoins, and I hope it will be better in the future.
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August 15, 2017, 09:45:04 PM
 #63

This made me remember a story I've read 1.5-2 years ago on the internet. One guy in USA, paid about 500btc for a nice house. The number was $250,000 and now it's more than $2,000,000. I don't pay bitcoin for properties.
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August 15, 2017, 09:52:09 PM
 #64

This made me remember a story I've read 1.5-2 years ago on the internet. One guy in USA, paid about 500btc for a nice house. The number was $250,000 and now it's more than $2,000,000. I don't pay bitcoin for properties.

Who knows how did that guy made this 500 BTC, if it was something illegal with buying real estate he have now clean money and probably making more bitcoins with his illegal activities.
But you have a point here, two years ago bitcoin was under 500 dollars and now price is much higher, bitcoin is sure better investment then real estate, then gold, and many other classic types of investments. Who ever invested in real estate instead of bitcoin now have less profit, but many people missed the chance, even people who knew about bitcoin, and to not even guess how many people still don`t know about bitcoin existence.

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August 16, 2017, 05:40:24 AM
 #65

I haven't tried it yet and not sure if there is any such kind of service exist at the moment or not but I recently came across the advertisement on this board and it was about Real tokens. I think I am going to try it when they will release the ICO because I think the combination of real estate and crypto currencies would definitely make some positive change in both the fields. However, it would be too early to predict the future at this moment in my opinion.
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August 16, 2017, 05:46:55 AM
 #66

Since my previous post was deleted.... Yes I think investing in real estate through bitcoin is very beneficial and will be a reality
bitcoinisbest
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August 16, 2017, 05:52:36 AM
 #67

Honestly I already buy a Real estate using my earnings at my job and also on bitcoin. I've been at bitcoin in 2012 but been active at 2015 so i could say after 2  years i already managed to get a real estate. also i have a small business which i have my own worker and i am the manager. It's not easy but if you have a patience and hardwork you can do it.

Could you share what was the total cost that you got your house for and was the payment done in btc? Since you done this transaction in 2015 what was the approx rate of btc at that time. Just wanted to understand had you hold btc and sold it now probably you would have got a much bigger flat then what you bough considering the 4k mark btc price have crossed it?
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August 16, 2017, 06:26:13 AM
 #68

Honestly I already buy a Real estate using my earnings at my job and also on bitcoin. I've been at bitcoin in 2012 but been active at 2015 so i could say after 2  years i already managed to get a real estate. also i have a small business which i have my own worker and i am the manager. It's not easy but if you have a patience and hardwork you can do it.

Could you share what was the total cost that you got your house for and was the payment done in btc? Since you done this transaction in 2015 what was the approx rate of btc at that time. Just wanted to understand had you hold btc and sold it now probably you would have got a much bigger flat then what you bough considering the 4k mark btc price have crossed it?


The total cost won't matter if you are not based in the same country because living conditions as well as the legal frameworks surrounding the acquisition of property differs on a country to country basis. I also have the mindset of going into real estate maybe in the months to come and there is already an estimate in my mind that with 3 to 4 btc at the current price of bitcoin, a decent accommodation is sure over here.
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August 16, 2017, 06:45:21 AM
 #69

I haven't tried it yet and not sure if there is any such kind of service exist at the moment or not but I recently came across the advertisement on this board and it was about Real tokens. I think I am going to try it when they will release the ICO because I think the combination of real estate and crypto currencies would definitely make some positive change in both the fields. However, it would be too early to predict the future at this moment in my opinion.
I think it will be the best if you will just invest in real estate in physical world and not in the internet because most of the investment in the internet is very hard to trust and most of them are only trying to make hype and they are not serious about their projects. If you want some real and serious real estate investment then just do it offline so you can get real benefits from it like having an asset that can give you money every month.
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August 16, 2017, 09:07:54 AM
 #70

Great, bitcoin can be used for any payment including real estate, this is the era of payment system changes, and bitcoin to be the best and can solve the financial problems of transactions globally.


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Dudeperfect
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August 17, 2017, 05:39:02 AM
 #71

I haven't tried it yet and not sure if there is any such kind of service exist at the moment or not but I recently came across the advertisement on this board and it was about Real tokens. I think I am going to try it when they will release the ICO because I think the combination of real estate and crypto currencies would definitely make some positive change in both the fields. However, it would be too early to predict the future at this moment in my opinion.
I think it will be the best if you will just invest in real estate in physical world and not in the internet because most of the investment in the internet is very hard to trust and most of them are only trying to make hype and they are not serious about their projects. If you want some real and serious real estate investment then just do it offline so you can get real benefits from it like having an asset that can give you money every month.

Yes, I agree with that but since we don't have such regulations that allow us to invest overseas, we can't do that by that way. I think I have moderate risk profile so I would like to give it a try and as this is a start of digital real estate investment, anything can happen. A digital world with crypto currencies connected with real estate sector seems a good idea which has good potential so I see it as an experiment which might succeed, might fail, who knows.
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August 17, 2017, 10:52:43 AM
 #72

I haven't tried it yet and not sure if there is any such kind of service exist at the moment or not but I recently came across the advertisement on this board and it was about Real tokens. I think I am going to try it when they will release the ICO because I think the combination of real estate and crypto currencies would definitely make some positive change in both the fields. However, it would be too early to predict the future at this moment in my opinion.
I think it will be the best if you will just invest in real estate in physical world and not in the internet because most of the investment in the internet is very hard to trust and most of them are only trying to make hype and they are not serious about their projects. If you want some real and serious real estate investment then just do it offline so you can get real benefits from it like having an asset that can give you money every month.

Yes, I agree with that but since we don't have such regulations that allow us to invest overseas, we can't do that by that way. I think I have moderate risk profile so I would like to give it a try and as this is a start of digital real estate investment, anything can happen. A digital world with crypto currencies connected with real estate sector seems a good idea which has good potential so I see it as an experiment which might succeed, might fail, who knows.
Digital real estate is not a safe business to invest right now because the trust of the people are not yet fully polished for the digital money or cryptocurrencies so i think they prefer investing in real estate in offline or physically rather than doing it on virtual world or via cryptocurrency.
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August 17, 2017, 01:44:33 PM
 #73

Digital real estate is not a safe business to invest right now because the trust of the people are not yet fully polished for the digital money or cryptocurrencies so i think they prefer investing in real estate in offline or physically rather than doing it on virtual world or via cryptocurrency.
You cannot simply ignore the entire digital real estate industry. When you will be working with reputed people you will always into safer hands. The catch must be how long and how much efforts will be putting to select your investment opportunities in real estate industry.
Digitalisation has nothing to do here because we are still need to work with other trust. Without that we cannot make any big impact. For this reason sometimes it looks better to go for physical form rather than digitized one.
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August 17, 2017, 01:46:03 PM
 #74

I haven't tried it yet and not sure if there is any such kind of service exist at the moment or not but I recently came across the advertisement on this board and it was about Real tokens. I think I am going to try it when they will release the ICO because I think the combination of real estate and crypto currencies would definitely make some positive change in both the fields. However, it would be too early to predict the future at this moment in my opinion.
I think it will be the best if you will just invest in real estate in physical world and not in the internet because most of the investment in the internet is very hard to trust and most of them are only trying to make hype and they are not serious about their projects. If you want some real and serious real estate investment then just do it offline so you can get real benefits from it like having an asset that can give you money every month.

Yes, I agree with that but since we don't have such regulations that allow us to invest overseas, we can't do that by that way. I think I have moderate risk profile so I would like to give it a try and as this is a start of digital real estate investment, anything can happen. A digital world with crypto currencies connected with real estate sector seems a good idea which has good potential so I see it as an experiment which might succeed, might fail, who knows.
Digital real estate is not a safe business to invest right now because the trust of the people are not yet fully polished for the digital money or cryptocurrencies so i think they prefer investing in real estate in offline or physically rather than doing it on virtual world or via cryptocurrency.

Cryptocurrency is only a baby.
One should not invest everything into it.
Sane goes for real estate.
BTC price is unstable, not suitable for long-term real estate investment.
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August 17, 2017, 02:45:07 PM
 #75

I haven't tried it yet and not sure if there is any such kind of service exist at the moment or not but I recently came across the advertisement on this board and it was about Real tokens. I think I am going to try it when they will release the ICO because I think the combination of real estate and crypto currencies would definitely make some positive change in both the fields. However, it would be too early to predict the future at this moment in my opinion.
I think it will be the best if you will just invest in real estate in physical world and not in the internet because most of the investment in the internet is very hard to trust and most of them are only trying to make hype and they are not serious about their projects. If you want some real and serious real estate investment then just do it offline so you can get real benefits from it like having an asset that can give you money every month.

Yes, I agree with that but since we don't have such regulations that allow us to invest overseas, we can't do that by that way. I think I have moderate risk profile so I would like to give it a try and as this is a start of digital real estate investment, anything can happen. A digital world with crypto currencies connected with real estate sector seems a good idea which has good potential so I see it as an experiment which might succeed, might fail, who knows.
Digital real estate is not a safe business to invest right now because the trust of the people are not yet fully polished for the digital money or cryptocurrencies so i think they prefer investing in real estate in offline or physically rather than doing it on virtual world or via cryptocurrency.

Cryptocurrency is only a baby.
One should not invest everything into it.
Sane goes for real estate.
BTC price is unstable, not suitable for long-term real estate investment.


Absolutely agree and that's why I used the word 'experiment' in my post. No one puts everything in an experiment. It is conducted just to see that if it works in a certain way or not so as I mentioned earlier, it can succeed or even fail thus it is not recommended to put all the eggs in one basket. Each and everything is an experiment at this stage and might fail badly, on the other hand might prove extremely successful. It depends on the risk profile of the investors that how deeply he want to participate in it.
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August 17, 2017, 02:49:16 PM
 #76

I still focus on bitcoin and gold with both of them can be used to invest, but better bitcoin if you want to invest.
Maybe after that i will do real estate for next.
its really less hassle if just focusing with bitcoin as of now since the value keep increasing its much realistic to earn a lot, maybe after bitcoin reach its peak then I will also try to invest with real estate I'm not sure if how that works but surely if that can be combined I will try that out.
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August 17, 2017, 02:56:28 PM
 #77

I still focus on bitcoin and gold with both of them can be used to invest, but better bitcoin if you want to invest.
Maybe after that i will do real estate for next.
its really less hassle if just focusing with bitcoin as of now since the value keep increasing its much realistic to earn a lot, maybe after bitcoin reach its peak then I will also try to invest with real estate I'm not sure if how that works but surely if that can be combined I will try that out.
Not all properties can generate income. If someone thinks what simply enough to buy a house and you'll have a steady income this is not so. You will pay income tax, property tax, tax for land. Plus real estate is gradually destroyed and constantly in need of repair. Are you ready for this?
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August 17, 2017, 04:31:31 PM
 #78

There is a villa in Moscow which has been put up for sale for 3000BTC. The owner wants to sell only in bitcoins and real estate agents are looking into options since traiding for bitcoins is not legal in Russia.
I think this is as a good sign because people in Russia see bitcoin only as world's biggest bubble ever and most of them predict a big collapse and quick death of bitcoin to happen soon.

Regards.
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August 17, 2017, 05:36:35 PM
 #79

I'll bet there are actually people out there selling real estate for BTC in the US.  Probably won't find them in a search, but I'm sure they are out there.  Now, I know that other countries have already been practicing this, but the US is always last for stuff like this.

Cheers
-Plex
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August 17, 2017, 05:43:53 PM
 #80

I think its rather problematic now. No lawyer would agree to conclude such deal, bit in several decades it would probably become common practice
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