Topic: Buying a house with BTC - page 13. (Read 2075 times)
You are quite sir, if you found a seller that accepts bitcoin you can buy a house just using bitcoin although i think it will take some time before you saw a seller that accepts bitcoin, and i think the common problem of this type of transaction is bitcoins volatility the buyer and the seller needs to come with an agreement on how much bitcoin since bitcoin is really not that stable.
Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.
That seems easy but you will need to check with your lawyers about the laws in your country because I find very unlikely that I can do that because the only legal currency that we can use in the country in which I'm living is our local currency, you cannot even use dollars to buy stuff you need to first exchange your dollars to local currency and then you can use the local currency to buy stuff.Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.
That seems easy but you will need to check with your lawyers about the laws in your country because I find very unlikely that I can do that because the only legal currency that we can use in the country in which I'm living is our local currency, you cannot even use dollars to buy stuff you need to first exchange your dollars to local currency and then you can use the local currency to buy stuff. When it becomes an agreement between the seller and the buyer, I think it is okay. This is a proof that bitcoin is acceptable to the public. And bitcoin can be used as a means of legitimate buying and selling transactions.
It is good if that will be happening since I know if that happens, a lot of Bitcoin users and whales will be using Bitcoin to invest on Real Estates but in reality, I don't see this happening. The price of Bitcoin is not stable, it is always changing making those house sellers doubt what will happen if he/she will be accepting it as a payment. Some accepted it but most of the time, it is not.
The housing developer or housing authority will agree that their housing can be paid by bitcoin then this could be that house will be bought by cryptos this is also good for the business either in the internet or outside the internet world.
When it becomes an agreement between the seller and the buyer, I think it is okay. This is a proof that bitcoin is acceptable to the public. And bitcoin can be used as a means of legitimate buying and selling transactions.
Can you buy a house with BTC? Yes! All you need is a buyer with coins and a seller that will accept them. The value of the transaction is as of the date of the contract, when the coins change hands.
This will depend upon the marketing owner like real state owner or the owner of the house if they are compatible with Bitcoin agreement specially if they already engage in Bitcoin investments so i think this is possible because all they need is the Bitcoin wallet to receive the payment and their house will going to be sold which is the most important but if the owner of the house is not familiar with Crypto currencies then of course they will choose fiat option as term of payment. Anyway as long as there is a local exchanges in your country then rest assured that you could buy a house.
I think in the end of 2018 is the price boom of BTC and other altcoin. Be sure to hold them and sell them at the end of the year so you will have the money to build a house and buy a car. I continue to hold on and hopefully they will come true.
Following the January dump, i'm quite sure the risk margins must be much larger now and the willingness of most sellers would decrease. And tbh, that much BTC is quite illiquid.
Interesting, could we theoreticaly find a person selling like that, knowing that bitcoin price is falling, and willing still to sell a house with it. I would not risk so much, as seller.
It will depend on the person if he knows what is bitcoin and is holding some and he is selling the house so he gets bigger holdings of bitcoin I think it's very likely that he is going to sell his house for bitcoin even if the price is going down, the only problem is that he may try to do the same that traders do all the time, to try to maximize his profits by waiting for the price to reach the bottom but at that point you could refuse to buy the house. 
Interesting, could we theoreticaly find a person selling like that, knowing that bitcoin price is falling, and willing still to sell a house with it. I would not risk so much, as seller.
Yes bitcoins can be used for real estate business and in any field, only thing is the buyer and seller need to have a secure hardware wallet to secure their bitcoins and should not store in any exchanges or they can even re-invest in crypto currency to get good returns on their investment when the price of bitcoins hit the pivotal point. Even if the seller want fiat currencies bitcoins can be exchanged to fiat currencies through bitcoin exchanges.
It doesn't matter where you are or who you are buying a house is always going to be a big expense, and this means that you are running a great risk when buying a house with bitcoin, you will probably need to use an escrow because if you don't do that you could be scammed out of your bitcoin and you'll have no way to recover it.I think that valued most when buying something non volatile, and a house is good asset to have. So everything will be worth it, since buying a house is together with the land property where it was built. My advice is when your bitcoin holdings will gain and achieve its profit, then buying such reliable asset like a house and lot is the best choice to do.
Yes bitcoins can be used for real estate business and in any field, only thing is the buyer and seller need to have a secure hardware wallet to secure their bitcoins and should not store in any exchanges or they can even re-invest in crypto currency to get good returns on their investment when the price of bitcoins hit the pivotal point. Even if the seller want fiat currencies bitcoins can be exchanged to fiat currencies through bitcoin exchanges.
It doesn't matter where you are or who you are buying a house is always going to be a big expense, and this means that you are running a great risk when buying a house with bitcoin, you will probably need to use an escrow because if you don't do that you could be scammed out of your bitcoin and you'll have no way to recover it.
Buying a house with BTC? Why not! As long as there's security between the buyer and seller and the facility to accommodate BTC transactions. Though transactions using BTC have been around for some time. I think I read somewhere in this forum that a player once bought in-game currency via BTC. Indeed, BTC's value in today's online world will be vital in the coming years.
I am willing to buy a house with bitcoin and it is good for me to work for this currency and crypto users are happy in this market and the house is a big transaction but through bitcoin we can do a lot of buying and we can also make money through holding crypto for the future and in this way we have to work for this currency to become successful in the future.
it's true, if you have a lot BTC, you can buy 1 or 2 or more houses. LOL
Highly motivate if you get bitcoin from work and continue to buy a house with bitcoin this is a great achievement you. I myself hope to catch up like all my friends
Buying a house with BTC could be a risky trade-off since we don't know whether BTC will stay at its current value or go up significantly higher.. The positive thing about this though, is that a house (with its land) is sure to increase in value through the years.
in my country, even the buyer and seller accepted to do it with using bitcoin but they need fiat money for pay government taxes for transfer property and other taxes
Yes bitcoins can be used for real estate business and in any field, only thing is the buyer and seller need to have a secure hardware wallet to secure their bitcoins and should not store in any exchanges or they can even re-invest in crypto currency to get good returns on their investment when the price of bitcoins hit the pivotal point. Even if the seller want fiat currencies bitcoins can be exchanged to fiat currencies through bitcoin exchanges.
Yeah it is the easy way to get house if someone is interested to sell their house with bitcoin payment as my own cousin bought a house with bitcoin payment system, someone of his friends was in hurry to buy bitcoin so he decide to sell his house and my cousin was in search of proper house for bitcoin payment, so the deal was really good, transaction was really easy and he paid for the house right on the decided time, there was no issue occurred for them, so bitcoin is easy away to buy anything without any problem. Jump to: