BNB and BTC to be accepted in an auction of luxury property in Australia - page 4.

BitBustah

hero member

Activity: 1218

Merit: 534

We have to face the facts, bitcoin is rarely accepted for real estate and that isn't likely to change in the near future. Major transactions are done in dollars and dealing with bitcoin will leave the seller and buyer with more fees and with the volatility factor thrown in there its not worth using for properties. This will change in the future once its more widely accepted.

kucritt

full member

Activity: 616

Merit: 100

BNB is the good coin i think, we can see that the price of BNB increasing time by time, Binance is the one of many big exchanger has success to develop BNB, they will create their own chain, and i think BNB can be the rival for bitcoin in the future

mrdeposit

hero member

Activity: 1358

Merit: 509

Quote from: Unblock_news on March 13, 2019, 02:54:49 AM

Binance coin (BNB) and Bitcoin (BTC) will be accepted as payment in an auction of luxury property located at 1 Beech Lane, Casuanna, New South Wales (NSW), Australia on 18 April 2019.

Full news article here: https://www.unblock.news/news/bnb-btc-luxury-property-australia

Nothing special here, just regular seller want to add more options in the payment methods. I doubt this news will have any effect on current market situations. I got the logic behind accepting BITCOIN but why BNB is accepted too?

Red-Apple

hero member

Activity: 1470

Merit: 655

lol really?
it must be also a coincidence that BNB has been getting pumped lately and hard. and now that it is nearing the end of that pump people are starting to come up with these types of crazy stories about it Cheesy

seems like someone has bought his coins in a bubble...

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

It seems that some people are already planning their moves on entering the market. Auctioning up a property in exchange of bitcoins is the best option given that they'll have the advantage now while the prices of bitcoin is relatively low and just wait for another bull run and sell the profits. While this is a great news for adoption, I don't think that many other good things will branch out from this auction of luxurious properties. For sure, the property would be bought in cash rather than bitcoin or BNB given that the market are already showing signs of activity lately.

Jating

hero member

Activity: 2842

Merit: 772

I'm not surprised by the news since Australia is the second country behind Japan to adopt bitcoin. What really surprises me though is the inclusion of BNB, although this is token is back by the largest exchange right now, but still it is prone to market manipulation (pump-and-dump).

Anyways, we should take any positive news that comes along, and we do hope some someone will take advantage of this property to be paid in BTC or BNB as the price is still cheap at the moment. This could be a marketing gimmick, but at least we are heading to the right direction.

Leonardo7

member

Activity: 686

Merit: 15

This will not have any significant impact on the market. What is really needed now is a good enabling framework defined by the government to allow bigger institutions to pump in money. This BNB might spark a huge growth with the constant development of Binance and international partners. I wish other exchanges could also give a good challenge.

avikz

legendary

Activity: 3080

Merit: 1500

I don't know why, but such kind of news don't really excite me as a bitcoiner because these are all marketing gimmick and doesn't really help in real life adoption! I had earlier mentioned as well, Toyota accepting bitcoin is a better news than Rolls Royce accepting it! In today's scenario, we are missing the mass adoption of bitcoin big time and mass adoption is the one key factor that will make a lot of people happy those who are associated with bitcoin since a long time now. So, accepting bitcoin in a luxury property auction is not helping bitcoin in any way! Rather, it will be great if Australia's property search website (property. com. au) starts accepting bitcoin to complete any real estate transactions.

Unblock_news

member

Activity: 186

Merit: 12

Binance coin (BNB) and Bitcoin (BTC) will be accepted as payment in an auction of luxury property located at 1 Beech Lane, Casuanna, New South Wales (NSW), Australia on 18 April 2019.

Full news article here: https://www.unblock.news/news/bnb-btc-luxury-property-australia

Topic: BNB and BTC to be accepted in an auction of luxury property in Australia - page 4. (Read 529 times)