Awaklara
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October 22, 2021, 03:21:28 AM |
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In the country where I live the price of 1 BTC is huge. based on the selling value of the property, I can buy a house, motorbike and car. even if calculated with my salary in the real world - more or less I have to work hard for 7 years to equal the current price of 1 BTC $25k $35k $3k -$4k
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Little Mouse
Legendary
Online
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Marketing Campaign Manager |Telegram ID- @LT_Mouse
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October 22, 2021, 06:12:04 AM |
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Interesting! At current price, 1 BTC = 5.3m ($62800) BDT though it should be a little higher. According to nationsencyclopedia, 20% richest people control 42% wealth while 40% poor people have 20% of the wealth only. I could have given a better picture if there's a stat on the classification of rich/poor by holding wealth amount. However, BDT 5.3 million is somewhat a big amount and anyone can easily be settled with a business here. I believe 60% people don't have this amount of wealth. Anyway, in Bangladesh, land and house properties are something people want to own. Anyone having an apartment in Dhaka considered as rich person. And you can have that with 1 BTC at current price. You can get an apartment of 1060 square feet in Kafrul. However, in my case, I would be pretty happy to buy a small island instead of this land, house property etc. This is one reason I hate to be in Dhaka and I don’t want to own such worst property, talking about all these electricity and other cable. Well there are better places like Dhanmondi, Gulshan but they are too costly to own. In fact, im my opinion, that's a waste of money. That's why I want to own an Island and build everything as my wish
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Rruchi man
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October 22, 2021, 10:18:14 AM |
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At current price, One bitcoin will equal 27,350,000 NGN. Because of my taste, I'd rather build a house than buy a house. With 21 million naira, i believe i can get a portable piece of land and erect a modern standard portable 3 bedroom. I have searched on Pinterest and found a portable house plan i think will fall around that budget. Source Since i have upgraded my societal status by becoming a land/house owner, a car is very appropriate. A car dealer on my contact posted pictures of a toyota Avalon for sale, value is 3 million naira. The interior is still very neat, and engine in great condition. The amount i have left, will be invested into getting more and sustaining the new lifestyle.
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Gozie51
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October 23, 2021, 09:35:20 AM Last edit: October 23, 2021, 09:51:34 AM by Gozie51 |
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Having a bitcoin should be a source of reinvestment because it is already a capital in disguise lol, a huge capital to say the least. At the time of writing, a bitcoin is $61,108 and that is close to 26million in Naira (Nigeria fiat currency) Here Now investing in a land in Nigeria is one big business to do with bitcoin. A land unlike cars don't deprecate rather it increases in value and worth with development and amenities coming around it. So buying a plot of land with measurement of 100 by 50 in feet like the one represented below in chart in that location is definitely a good further hodl in land for bitcoin converted into fiat The piece of land above in that area at the time now is worth 7,000, that is about 4,000,000 in Naira and with the rate of bitcoin you can buy 6 or 7 of such plot and continue to hodl. But this same plot of land last year was priced at 3,000,000 and previous year in 2019 was 2,300,000 and which means it has potential steady increase to the rate of a million naira yearly. This plot has finished edifices of houses surrounding it costing around 35,000,000 - 40,000,000 (between $60,000 to $70,000,000). The rate of increase is basically around $2,000,000 yearly, going with 6 pieces is $12,000 already. and so it is a good ROI if hodling one bitcoin in plots of lands.
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Lucius
Legendary
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Crypto Swap Exchange🈺
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October 23, 2021, 01:51:44 PM Last edit: May 24, 2023, 10:20:10 AM by Lucius Merited by JayJuanGee (1), LoyceV (1), Luqman (1) |
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I have to admit that I am surprised with real estate prices in some countries, because for 1 BTC which is currently around $60k or 50k+ EUR you can buy a dream house + a good car, and you still have money left to make a party. For example, for 1 BTC I can't buy any luxury house or apartment, maybe something average in a less good location. But here are a few examples that I found interesting. Stone house on the island of Lastovo - price around 50k EUR. Source
Holiday house, in the countryside - price around 50k EUR. SourceAnd when Bitcoin is worth x10 + one day, I might be able to afford something like this Modern villa with pool, 20km from the city of Split -price 630 000 EUR. 800 000 EUR Source
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Shamm
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October 23, 2021, 02:06:11 PM |
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Snip.
Honestly in my country 1BTC is make you multi millionaire you can buy what you want. If you have 1btc then you can have this.
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DaveF
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Crypto Swap Exchange
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I guess a lot depends on location. I am US based, but @ $61500 at the moment if you want to live in the middle of nowhere you can get this and have enough left over for a nice vacation and some money furniture and renovations: That same 1 BTC will not even get you in the door in a major or even minor city in the US. So it does come down to location. -Dave
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qwertyup23
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October 23, 2021, 03:49:42 PM |
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As someone who lives in a third-world country, most of the property and things here are relatively cheap. With 1 BTC (approximately $60,000), it could purchase you here in the Philippines a good condominium unit! In addition, 1 BTC could make wonders in your life especially that most of the people here are living the below-average income threshold. Just to give you an example, 1 BTC could garner you this: Disclaimer: this photo is for research purposes only and it was taken from this website: https://www.airbnb.com/rooms/41298454?source_impression_id=p3_1635003996_%2B46NlprmzeNUdI9D
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mamesso
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October 26, 2021, 04:16:06 PM |
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In my country live 1 Bitcoin equals 884,000,000 IDR. With that much wealth I can buy a simple minimalist house 300,000,000 IDR.
Owning a private car is also everyone dream, for means of transportation I prefer a cheap car which is comfortable 180,000,000 IDR.
The biggest dream in my life is to help other people. Some of the remaining money I have will be donated to an orphanage that accommodates poor children. Seeing them smile will be the happiness of my whole life.
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Issa56
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Currently with the way things are in my country Nigeria currently, with the current price of bitcoin I believe i can acquire lot's of properties with 1 bitcon. 1 bitcoin currently in my country's currency worth around 25.5 million naira You can acquire a standard house worth 15 million naira and a luxury car Worth 5 million and you will still have extral money remaining to leave a comfortable life. Image of the house. Price 15 million Source: https://nigerianbuildingdesigns.com/product/4-bedroom-bungalow-rf-4028/Image of the car front view. Image of the car interior view. Image of the car back view. Price: 4 million Source: https://jiji.ng/ajah/cars/mercedes-benz-e350-2012-silver-kF4WGSeOPsE044y4W7P7p1rl.html?lid=ZFAD58U6keDFxA9h&cur_pos=5&pos=5&ads_count=23&ads_per_page=23&page=1
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Evgenklm
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where I come from, 1 btc is a good amount, where you can easily buy a plot and build a wonderful house, with all amenities and modern design.For example this source: google, internet:)
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Distinctin
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it's been my dream to live a peaceful life in a peaceful place, with 1 bitcoin, that is equivalent to more or less Php 3 million pesos which is enough to buy farmland where I can put my small house and put some crops so my family will not be hungry, it will be sustainable for a small family and a little business to support the education of the children and other necessities. source : https://www.lamudi.com.ph/for-sale-farm-lot-near-the-beach-in-puerto-princesa-palawan-with-clean-title.htmlThe land area is 1 hectare and is located in the travel destination of the Philippines Puerto Princesa, and I also made a research about the standard of living in this area and happy to know that the food especially the fish are very cheap. as shared by this tweeter user - https://twitter.com/chinogaston/status/1274164094002556929/photo/4\\2 USD per kilo less than a dollar per kilo1.40 USD per kilo
With that cheap food, I can have a cheap living and I'll probably be living financially free while I'm busy doing some jobs in the crypto space. Currently, I'm living in a city but I'm willing to transfer to this place once I make 1 bitcoin from working and from investing.
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Oasisman
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November 01, 2021, 09:49:11 AM |
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This house design is worth around Php 2m (around $40,000) that's barely even a 1 Btc price. You still buy a car like Toyota Vios or anything like that that doesn't cost more than a million Pesos. https://homes.trovit.ph/3-million-pesos-cebuhere are some of the model houses that costs no more than 1Btc in the Philippines. The cost of a house and lot depends on the location. A 1Btc worth of house will be a very luxurious and huge house in a rural areas compared to the houses built in urban areas where the city is very accessible. If you own 1 Btc in the Philippines that's basically equivalent to a beautiful house a lot and a car. However, If I happen to own a whole piece of Bitcoin, I might not buy these kind of luxuries rather I'd like to put up a business where I can grow financially long term.
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uneng
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Regards houses and properties it really depends on the area where you are looking. Even in a poor third world country you can find some abusive prices for disgusting places, especially at big urban centers. I was searching some offers on the internet and have found a place very similar to the one displayed in the picture below (I think I shouldn't post the original for ownership reasons, so that is the royalty free version): The price is around 1 bitcoin. It's insane to imagine someone would pay such amount for a place like this.
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lepbagong
Full Member
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In my current country (04 November 2021) 1 bitcoin is (we can see from the calculations in the Data provided by Morningstar for Currency and Coinbase for Cryptocurrency) as follows; Taken from a buying and selling site located in my country, the site is ; https://www.rumah123.comIf with that much money it is clear that to buy a house, many are priced below 1 bitcoin, but many are also more than 1 bitcoin, because depends on the area where the house is located. but I will try to look from the site for buying and selling houses and adjusted to the price, or at least close. The entrance gate to the housing; The house price is close to value with 1 bitcoin ; House TypeHouse Sketch / Specification
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DewiKirana
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In my country with 1 Bitcoin you can buy a quarter hectare of land that can grow all kinds of crops like onions. Unfortunately in my country Bitcoin is not legalized yet, so if you want to buy a plot of land, you have to sell bitcoin to fiat first.
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pawanjain
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November 12, 2021, 06:51:54 AM Last edit: May 16, 2023, 02:52:44 AM by pawanjain Merited by JayJuanGee (1), LoyceV (1) |
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Current price of 1 bitcoin in India is around 49,00,000 INR and with that kind of amount we can buy all the below things. Buying a plot and building your home can cost around 40,00,000 INR. Renault Kiger car can be bought around 5,70,000 INR KTM Duke 125 can be bought around 1,30,000 INR Macbook Pro 13 can be bought around 1,20,000 INR Apple Iphone 13 can be bought for 80,000 INR House in India Renault Kiger Car KTM Duke 125 Macbook pro 13 Apple Iphone 13
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| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
[/tabl
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Welsh
Staff
Legendary
Offline
Activity: 3290
Merit: 4115
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November 12, 2021, 05:05:34 PM Last edit: November 12, 2021, 05:18:21 PM by Welsh Merited by JayJuanGee (1), LoyceV (1) |
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Using your original price of 1 BTC = 44,250 GBP (which has since gone up). I can buy 177000 Freddo's with one Bitcoin, Freddo's being a national treasure over here. At least, back when they were like 5p. However, for Wales specific if anyone wants to buy 1 Bitcoin worth of home made Welsh Cakes, hit me up. I think I can probably make them for around 40p each, I'd have to do some calculating though. I only sell them by the 1 BTC worth's though unfortunately. So, around 110,625 Welsh cakes. Disclaimer: Welsh cakes order can't be delivered all at once
It's quite mad seeing how people are listing houses here, in Wales which has historically been a little cheaper for housing in history (except for post Covid boom) 44k is only going to get you half a house, and that would have to be in the valleys, and would likely need a lot of work done to it, and definitely doesn't look like the houses being posted here. 40k is a decent deposit for a mortgage here though.
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icopress
Legendary
Offline
Activity: 1778
Merit: 8909
light_warrior ... 🕯️
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Although I agree with some of the reports above that the cost of living in almost all countries is extremely high and incomes leave much to be desired (not to mention the communal services). But still, I propose to be realistic, since one bitcoin is not so much for a normal real estate (unless of course you live in the wilderness). Below, the published options for real estate are essentially budgetary and tasteless houses, since I live not far from the sea. - House with all central communications. 3 rooms, 40 minutes from the sea. [1,06 BTC]
- House without interior decoration, 4 rooms, away from any infrastructure, 40 minutes from the sea. [1,15 BTC]
- There are all communications and interior decoration, located in a picturesque place, next to the infrastructure. [1,25 BTC]
In fact, the apartments are much cheaper (100 square meters with excellent renovation) but I prefer to live in a house.
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cheezcarls
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As of this time, 1 BTC here in the Philippines could buy a big sized land property like this one below. The picture above is fully mine which was taken by my phone’s camera last year. The location was in the mountain part where my family have rented a land space for us to build our rest house or cabin. However, we do have plans of fully purchasing this land in the near future. The picture was originally have fighting cocks but now because of renting the land, we cleared it out and just simply planting vegetables. It’s my dream to buy my own land using my own money from Bitcoin and other cryptocurrencies.
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