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Author Topic: Buying a house with bitcoin  (Read 5923 times)
MightyBTC
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August 26, 2014, 04:36:43 PM
 #61

Sometimes in the past bitcoin didn't even worth buying a single chocolate bar spending thousands of them and now I am witnessing this.A huge advancement in money mechanism bitcoin has put forward
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Plank
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August 26, 2014, 05:43:36 PM
 #62

Tell them estates agents how they could make money while bitcoin rises,they will for sure accept your proposal to pay in BTC. Greedy asses are agents  Wink
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August 26, 2014, 07:59:26 PM
 #63

Using bitcoin to purchase a house would be amazing and truly a step in a great direction especially for those first time buyers however I do not see any way of you avoiding tax as you can bet all estate agents would find a way to tax you. Maybe estate agents will soon realise the potential of bitcoins and hopefully be more interested in accepting it rather than ignoring it.
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August 26, 2014, 08:13:25 PM
 #64

Tell them estates agents how they could make money while bitcoin rises,they will for sure accept your proposal to pay in BTC. Greedy asses are agents  Wink

Please also tell them to secure the wallet, I don't want to read headline saying people sell house with bitcoin and lost it by hacker..
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August 27, 2014, 11:06:35 AM
 #65

I'll be depressed until the day 1 btc can buy you one house
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August 27, 2014, 12:01:03 PM
 #66

There are several users that would rent their holidays home for btc but the ones who are willing to sell it are very rare.

LetsTalkBitcoin.com/?ref=6a191886 --->0,05btc/week
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August 27, 2014, 12:03:03 PM
 #67

There are several users that would rent their holidays home for btc but the ones who are willing to sell it are very rare.

Well on that topic if we saw more people using services like Air BNB and accepting Bitcoin that would also be nice
Not really buying a house with bitcoin but being able to find a place to rent or stay a few days with someone who accepts Bitcoin would be another step towards bitcoin adoption.
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August 27, 2014, 02:45:50 PM
 #68

if you could really buy one, there will be the tax problem you know, for a such huge thing like that you can't escape IRS



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.BITVEST DICE.
HAS BEEN RELEASED!


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Rainbot
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August 27, 2014, 02:49:32 PM
 #69

I am willing to purchase one
mustang77
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August 27, 2014, 03:36:42 PM
 #70

Damn, you have the btc? ^^  Roll Eyes
Kluge
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August 27, 2014, 03:37:55 PM
 #71

I'll be depressed until the day 1 btc can buy you one house
It can! Have a look in Detroit.

Don't mix your coins someone said isn't legal
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August 28, 2014, 03:42:47 AM
 #72

I'll be depressed until the day 1 btc can buy you one house
It can! Have a look in Detroit.
This technically isn't true. Even if you were to buy the house as an asset for $500 (~1 BTC) you would first have to pay a lot more then that in order to make the house habitable. You would also have the increased tax payments to the state and local tax authority that you would likely need to pay if you were to move from out of state and have the same income. Not to mention the likely medical bills from the increased chances of getting mugged and the replacement costs of your assets that would have a much greater chance of getting stolen.

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August 28, 2014, 04:32:27 AM
 #73

I'll be depressed until the day 1 btc can buy you one house
It can! Have a look in Detroit.
This technically isn't true. Even if you were to buy the house as an asset for $500 (~1 BTC) you would first have to pay a lot more then that in order to make the house habitable. You would also have the increased tax payments to the state and local tax authority that you would likely need to pay if you were to move from out of state and have the same income. Not to mention the likely medical bills from the increased chances of getting mugged and the replacement costs of your assets that would have a much greater chance of getting stolen.

Considering you can actually defend yourself in Detroit, I don't think being a mugging victim (as opposed to an attempted mugging victim) is that big of a threat.

noel57
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August 28, 2014, 10:24:47 AM
 #74

Buying a house with Bitcoin would be rather difficult since a wide range of the mortgage companies are not willing to partake in it due to the fluctuating trends of Bitcoin.

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August 28, 2014, 07:00:53 PM
 #75

I'll be depressed until the day 1 btc can buy you one house
It can! Have a look in Detroit.

He meant a house in a place that isn't a shithole.
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August 28, 2014, 11:04:05 PM
 #76

I don't know if anyone would be interested in helping with my project Bits 4 Bricks?  It aims to increase the amount of housing stock available for bitcoin and increase the circulation of bitcoin in the housing and building trade.  

Bricks 4 Bits
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August 29, 2014, 12:08:19 PM
 #77

Vitalik may be buying a lot of these, thats why price crash  Grin
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August 29, 2014, 03:08:22 PM
 #78

So it's year 2020. I have 3 BTC in my wallet.
Can a I buy a house or what?
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August 29, 2014, 05:57:57 PM
 #79

I'll be depressed until the day 1 btc can buy you one house
It can! Have a look in Detroit.
This technically isn't true. Even if you were to buy the house as an asset for $500 (~1 BTC) you would first have to pay a lot more then that in order to make the house habitable. You would also have the increased tax payments to the state and local tax authority that you would likely need to pay if you were to move from out of state and have the same income. Not to mention the likely medical bills from the increased chances of getting mugged and the replacement costs of your assets that would have a much greater chance of getting stolen.

Considering you can actually defend yourself in Detroit, I don't think being a mugging victim (as opposed to an attempted mugging victim) is that big of a threat.
It is generally not a good idea to try to defend yourself against a mugger that has any kind of a weapon. If someone is willing to pull a gun or a knife on you then they might as well be willing to use it against you. If you give them what you want then the worst that will generally happen is they will get whatever valuables you have on your person at the time.

TheButterZone
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August 29, 2014, 08:01:36 PM
 #80

I'll be depressed until the day 1 btc can buy you one house
It can! Have a look in Detroit.
This technically isn't true. Even if you were to buy the house as an asset for $500 (~1 BTC) you would first have to pay a lot more then that in order to make the house habitable. You would also have the increased tax payments to the state and local tax authority that you would likely need to pay if you were to move from out of state and have the same income. Not to mention the likely medical bills from the increased chances of getting mugged and the replacement costs of your assets that would have a much greater chance of getting stolen.

Considering you can actually defend yourself in Detroit, I don't think being a mugging victim (as opposed to an attempted mugging victim) is that big of a threat.
It is generally not a good idea to try to defend yourself against a mugger that has any kind of a weapon. If someone is willing to pull a gun or a knife on you then they might as well be willing to use it against you. If you give them what you want then the worst that will generally happen is they will get whatever valuables you have on your person at the time.

“Studies that directly assessed the effect of actual defensive uses of guns (i.e., incidents in which a gun was ‘used’ by the crime victim in the sense of attacking or threatening an offender) have found consistently lower injury rates among gun-using crime victims compared with victims who used other self-protective strategies,” the CDC study, entitled “Priorities For Research to Reduce the Threat of Firearm-Related Violence,” states.

Guns are valuable, so rather than be murdered or maimed after complying, I would prefer to give my gun to them, bullets first.

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