I'm All In - Sold My House!

[WaffleMaster]

Plot twist, Satoshi Nakamoto was a group of aliens. BOOM, mind blown.

[Wilhelm]

Plot twist, Satoshi Nakamoto was a group of aliens. BOOM, mind blown.

Satoshi Nakamato
is a secret message for...

ooa... Hit ma taNk ass

[STT]

The OP is obviously a troll

Could be close to the truth if he now resides under a bridge bitterly lamenting his decisions in life, sniping others on the forum hiding behind an alias :O   

[Muscleminer]

so what about that house seller ? Is he alive ?

[picolo]

so what about that house seller ? Is he alive ?

He comes back once and a while and post something, I would like to hear about the buyer too.

600BTC is enough to be wealthy if Bitcoin rises to a fraction of its potential.

[LordSonjai]

I'm starting to think this guy knows something we don't know.

[belmonty]

so what about that house seller ? Is he alive ?

He comes back once and a while and post something, I would like to hear about the buyer too.

600BTC is enough to be wealthy if Bitcoin rises to a fraction of its potential.

Bitcoin was worth about $630 the day he sold his house, so he was up in the summer and he's down right now. However he might be back up again soon because bitcoin is rising again.

Not sure if you followed my story from a year ago, but the house just sold on Friday

Judging by his last post (below) he's not bothered about the short term price swings.

I am back Been busy doing other things since I sold my house for bitcoin, and haven't really been following the price that closely. I check every so often and lo and behold it is back to $660+ right now!!!!!!! Well it looks like my $400K investment is going to make me a millionaire very soon. Now back to what I was doing... enjoying life.

[nomoreheroes7]

Judging by his last post (below) he's not bothered about the short term price swings.

I am back Been busy doing other things since I sold my house for bitcoin, and haven't really been following the price that closely. I check every so often and lo and behold it is back to $660+ right now!!!!!!! Well it looks like my $400K investment is going to make me a millionaire very soon. Now back to what I was doing... enjoying life.

lol you actually believe that? He may be "enjoying life" when he "checks every so often" and the price is in the $600 range, but I can guarantee you he is shitting bricks right now (notice how he stopped posting since then...)

[picolo]

so what about that house seller ? Is he alive ?

He comes back once and a while and post something, I would like to hear about the buyer too.

600BTC is enough to be wealthy if Bitcoin rises to a fraction of its potential.

Bitcoin was worth about $630 the day he sold his house, so he was up in the summer and he's down right now. However he might be back up again soon because bitcoin is rising again.

Not sure if you followed my story from a year ago, but the house just sold on Friday

Judging by his last post (below) he's not bothered about the short term price swings.

I am back Been busy doing other things since I sold my house for bitcoin, and haven't really been following the price that closely. I check every so often and lo and behold it is back to $660+ right now!!!!!!! Well it looks like my $400K investment is going to make me a millionaire very soon. Now back to what I was doing... enjoying life.

He invested in Bitcoin and he is ready to wait a few years, he didn't get 648BTC to sell them back a week after.
It is interesting to notice he got his bitcoins to the average price for the last 6months before he sold his house.

[RookieMonster]

Hi All,

I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.

http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html

Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck

Tay More

This is the most foolish thing I've read in a great deal of time. If you could not tempt the gods of poetic justice into crashing the price of BTC.

Do you have any idea of the real underlying threats to BTC. I, for one, think it's fantastic and have more faith than most but any number of serious threats could be lurking even now.

A 51% attack is not completely ruled out. Most medium sized governments could make short work of the BTC blockchain is they felt inclined.

Quantum Computing will obliterate the elliptical cryptography algorithms that underlie BTC.

We've had a persistent and undivided downward trend for 11 months now.

Invest by all means, but you must have balls of steal and a brain of brass to go with them.

[ssmc2]

Hi All,

I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.

http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html

Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck

Tay More

"I'm making this up as I go along"

Says the guy with 0 coins lol

[picolo]

Hi All,

I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.

http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html

Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck

Tay More

This is the most foolish thing I've read in a great deal of time. If you could not tempt the gods of poetic justice into crashing the price of BTC.

Do you have any idea of the real underlying threats to BTC. I, for one, think it's fantastic and have more faith than most but any number of serious threats could be lurking even now.

A 51% attack is not completely ruled out. Most medium sized governments could make short work of the BTC blockchain is they felt inclined.

Quantum Computing will obliterate the elliptical cryptography algorithms that underlie BTC.

We've had a persistent and undivided downward trend for 11 months now.

Invest by all means, but you must have balls of steal and a brain of brass to go with them.

He made a very risky investment but the 51% attack is almost totally ruled out, the Quatum computing is not there yet and it would kill all encryption so it would be a problem for all corporations, governments and citizens, not just Bitcoin

[RookieMonster]

Hi All,

I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.

http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html

Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck

Tay More

This is the most foolish thing I've read in a great deal of time. If you could not tempt the gods of poetic justice into crashing the price of BTC.

Do you have any idea of the real underlying threats to BTC. I, for one, think it's fantastic and have more faith than most but any number of serious threats could be lurking even now.

A 51% attack is not completely ruled out. Most medium sized governments could make short work of the BTC blockchain is they felt inclined.

Quantum Computing will obliterate the elliptical cryptography algorithms that underlie BTC.

We've had a persistent and undivided downward trend for 11 months now.

Invest by all means, but you must have balls of steal and a brain of brass to go with them.

He made a very risky investment but the 51% attack is almost totally ruled out, the Quatum computing is not there yet and it would kill all encryption so it would be a problem for all corporations, governments and citizens, not just Bitcoin

'Risky investment' is correct but sterile language for something just quite that risky. Just the general decline in prices will have you after a while.

51% attack is very nearly ruled out assuming that there's no concerted effort by a government agency. 300 million GH/s is a lot (https://blockchain.info/charts/hash-rate) and outranks all supercomputers but countries like the US and China almost certainly have comparable hashing power available to them if needed. That's speculative but it's not wild.

Quantum Computing just kills anything built on ECC; what I worry about is it being developed in secret for its capacity to just that. I'm no tin-hat-Harry but it's very plausible and it makes Bitcoin worth $0.

[Wilhelm]

Hi All,

I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.

http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html

Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck

Tay More

This is the most foolish thing I've read in a great deal of time. If you could not tempt the gods of poetic justice into crashing the price of BTC.

Do you have any idea of the real underlying threats to BTC. I, for one, think it's fantastic and have more faith than most but any number of serious threats could be lurking even now.

A 51% attack is not completely ruled out. Most medium sized governments could make short work of the BTC blockchain is they felt inclined.

Quantum Computing will obliterate the elliptical cryptography algorithms that underlie BTC.

We've had a persistent and undivided downward trend for 11 months now.

Invest by all means, but you must have balls of steal and a brain of brass to go with them.

He made a very risky investment but the 51% attack is almost totally ruled out, the Quatum computing is not there yet and it would kill all encryption so it would be a problem for all corporations, governments and citizens, not just Bitcoin

As long as you have enough quantum entangled qubits

[BTC2DAMOON]

Bad investment 

Home was worth $400K and he only got 648 BTC which is only worth $259K at todays prices

He basically gave his house away super cheap and should be sick about it 

[cbeast]

Bad investment 

Home was worth $400K and he only got 648 BTC which is only worth $259K at todays prices

He basically gave his house away super cheap and should be sick about it 

What do you mean by *should*? Why don't you think he is happy to own so many bitcoins? Maybe he is living on a tropical island and knows his money cannot be unjustly frozen or confiscated by a civil court lawsuit. Maybe he is simply confident in Bitcoin's future.

[DonQuijote]

Bad investment 

Home was worth $400K and he only got 648 BTC which is only worth $259K at todays prices

He basically gave his house away super cheap and should be sick about it 

I hope he dont need $, he is a bad seller

[kolloh]

Wow. I would definitely not be feeling good with todays prices with this kind of deal. Hopefully they go back up soon.

[CoinCidental]

Bad investment 

Home was worth $400K and he only got 648 BTC which is only worth $259K at todays prices

He basically gave his house away super cheap and should be sick about it 

Plz come back when the block Reward halves so I can laugh at you

[LordSonjai]

Hi All,

I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.

http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html

Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck

Tay More

This is the most foolish thing I've read in a great deal of time. If you could not tempt the gods of poetic justice into crashing the price of BTC.

Do you have any idea of the real underlying threats to BTC. I, for one, think it's fantastic and have more faith than most but any number of serious threats could be lurking even now.

A 51% attack is not completely ruled out. Most medium sized governments could make short work of the BTC blockchain is they felt inclined.

Quantum Computing will obliterate the elliptical cryptography algorithms that underlie BTC.

We've had a persistent and undivided downward trend for 11 months now.

Invest by all means, but you must have balls of steal and a brain of brass to go with them.

He made a very risky investment but the 51% attack is almost totally ruled out, the Quatum computing is not there yet and it would kill all encryption so it would be a problem for all corporations, governments and citizens, not just Bitcoin

'Risky investment' is correct but sterile language for something just quite that risky. Just the general decline in prices will have you after a while.

51% attack is very nearly ruled out assuming that there's no concerted effort by a government agency. 300 million GH/s is a lot (https://blockchain.info/charts/hash-rate) and outranks all supercomputers but countries like the US and China almost certainly have comparable hashing power available to them if needed. That's speculative but it's not wild.

Quantum Computing just kills anything built on ECC; what I worry about is it being developed in secret for its capacity to just that. I'm no tin-hat-Harry but it's very plausible and it makes Bitcoin worth $0.

even if someone acquired 51% attack the worst they could do to this guy is make it impossible for him to sell and he could potentially lose his coins but its not like they could steal from his wallet.