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Topic: Buying a house with BTC - page 26. (Read 2075 times)

full member
Activity: 266
Merit: 108
March 27, 2018, 02:02:06 PM
#84
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.
Hmm it would be really cool if bitcoins were used as a currency to buy things.But we can't even take this possibility into consideration until bitcoins transaction speed is increased to lightning speed.If lighting network is implemented then yes people might start using it as a currency to buy things.
sr. member
Activity: 411
Merit: 335
March 27, 2018, 01:26:09 PM
#83
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.

I think it is a good idea because we all know that in bitcoin nothing is impossible and people may face sometimes hard trials or obstacles yet they will not gonna fall and just to believe things is possible. I think they can buy their own house just in bitcoin working yet they need to work hard and to be wise in using their money even-though they have something to buy and want. They must resist in order to achieve their dream house.
sr. member
Activity: 532
Merit: 284
March 27, 2018, 01:02:06 PM
#82
In my country 1 Bitcoin can already let you build a very comfortable home. Not just any home but a well-sized house.

Meaning the exchange of cryptocurrency here in my country is very high, and I will say that its an advantage because the higher the exchange of cryptos here the more profits I could get. To be frank not just house, you can still afford luxury cars and many more things, so definitely you can have many gains if you're in my country.
full member
Activity: 406
Merit: 110
March 27, 2018, 12:48:28 PM
#81
Few month ago when bitcoin hit $19 000 some people put advertisement on the biggest market in my country. They wanna sell their house for 4 bitcoin , but then 4 bitcoins worth $76 000 and now after 3 month , that same amount of bitcoin worth $32 000. So if they sold house then , till now they will lose more then half value in bitcoin.

One day when price of bitcoin will be pretty stable like Euro or USD , then we can expect more ads about selling house or car for bitcoin.
Well they may lose if they already cash out or withdraw their investment if still not then the game is still going on, their investment is not even a year so they are not yet losing anything yet, let us see what could be the price before the year ends, it is not yet the end and too late to invest.
full member
Activity: 645
Merit: 145
March 27, 2018, 12:32:21 PM
#80
Few month ago when bitcoin hit $19 000 some people put advertisement on the biggest market in my country. They wanna sell their house for 4 bitcoin , but then 4 bitcoins worth $76 000 and now after 3 month , that same amount of bitcoin worth $32 000. So if they sold house then , till now they will lose more then half value in bitcoin.

One day when price of bitcoin will be pretty stable like Euro or USD , then we can expect more ads about selling house or car for bitcoin.
newbie
Activity: 210
Merit: 0
March 27, 2018, 11:25:37 AM
#79
It could happen. The most important thing between the seller and the buyer is the same as understanding bitcoin.
And both sides agreed to make transactions using crypto money.
When this happens, it means that there has been a distinct progress.
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
March 27, 2018, 11:25:04 AM
#78
Buying a house is like buying anything else, Bitcoin is like any other currency, so theoretically, buying a house with Bitcoin is not a big deal.
You need to find someone ready to accept Bitcoin to sell his house, this operation will take few minutes sending BTCs and signing some papers.
We, as bitcoiners, should support such deals.
newbie
Activity: 36
Merit: 0
March 27, 2018, 11:19:21 AM
#77
With the value and interest of today, buying a Bitcoin home is possible, some of which have already been done in some countries, for example, the US has accepted a number of Bitcoin deals. . As long as there is a system and tools available, Bitcoin transactions can be used to make payments, and in the future, bitcoin payments will take place more often.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
March 27, 2018, 11:05:37 AM
#76
Yes you can buy a house with Bitcoin, it would just depend on the person you make a transaction with. Or you can bring someone with you who is willing to buy your Bitcoin and convert it to your local currency and transfer them to your bank. It is just a matter of how you negotiate things.

If you want to buy a home with bitcoin you will able to get a help a person who wanted buy home for his bitcoin if you will get that person you will easy to sell your home and get bitcoin.
hero member
Activity: 1666
Merit: 629
March 27, 2018, 11:02:28 AM
#75
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.

Yes, that's possible now! In my country where I live (Turkish Republic of Northern Cyprus), a few companies are receiving payments with Bitcoin and selling houses. This is very nice and a big step in terms of entrepreneurship because we do not even have our own currency here! We are using Turkish Lira as active and able to trade in the currency of the island with many foreign currencies. It was very nice to see Bitcoin in these different baskets.
jr. member
Activity: 41
Merit: 1
March 27, 2018, 10:52:26 AM
#74
For Japan and Dutch, this transaction may be done like all fiat money, while in my country bitcoin transactions cannot be done even though both parties have agreed to use bitcoin as a means of transaction, because the government in my country will take firm action against the seller of the house because he considered having adopted bitcoin.

Care to share what is your country?
full member
Activity: 672
Merit: 100
March 27, 2018, 10:42:03 AM
#73
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 can not happen in my country because Bitcoin and crypto banned in my country. If I use it to buy a house, I can be held responsible before the law. But if someone wants to buy Bitcoin to buy a house, nobody will want to sell it to him because of the high volatility and high risk of losing 10% of the money within a few hours.
STT
legendary
Activity: 4088
Merit: 1452
March 27, 2018, 10:34:42 AM
#72
How about agreeing to rent a house for Bitcoin, that seems a nicer balanced prospect to me.   Secure the debt on the house with a fixed interest rate in a US dollars which is a depreciating asset with inflation above effective interest rates.   Then receive payment in a growth asset which is likely to outperform, the result could be a nice profit.    However we still dont have that many people who can say for certain they will have a steady stream of bitcoin income, I'm thinking about gambling related economic activity I guess.

Building your house is a smart idea either way its just not easy to do without alot of skill, knowledge and work.  Not everyone has natural talent in this area, the best projects I hear of are group efforts where someone in the community has the skills to work on each others houses.   I would love to be involved in such a project Smiley
legendary
Activity: 1484
Merit: 1004
March 27, 2018, 10:16:28 AM
#71
It's not strange to hear some cases about this, if you're willing to buy a house with some of your coins, where bitcoin currently has a bad time for me, if anyone suggests to buy a house with bitcoin I better to hold it up to its price soaring up. also can be as my main income and buy a house from a portion of the profit I invest in bitcoin, it is quite profitable for me.
hero member
Activity: 798
Merit: 500
March 27, 2018, 08:33:28 AM
#70
There are so many testimonies here that because of bitcoin they build or buy new house. Just like my cousin to they are now building they dream house. This is alsothe reson why i am here i want also to make money out of bitcoin. So i can also buy my own house.
I also saw a number of people becoming rich with bitcoin but remember they were the early people who were having strong support for bitcoin and they do not fear from any thing for the sake of bitcoin so they did not sold in hard times of bitcoin than at last a good time came and they became rich with their bitcoin. The current investors also have the chance to become rich in the future if they continue to hold no matter how much hard time comes.

For the people who want to buy home with Bitcoin they can buy easily if bitcoin is a legal tender in their state and if it is not then they can still buy but in the papers of property they will mention worth of the house in fiat currency of their state.
sr. member
Activity: 756
Merit: 250
March 27, 2018, 08:23:59 AM
#69
well, it sounds good but I do not think it will happen in the near future, maybe 5 or 10 years from now, because crypto is still unacceptable all over the world but it will definitely be accepted in the end, because nothing can prevent technology.
but I really support it.
You are mistaken, and somewhat behind the modern news, as it is quite possible. There are not many such cases, but they do exist. We are going to the fact that crypto-currencies will be accepted as a means of payment.
full member
Activity: 432
Merit: 126
March 27, 2018, 08:21:17 AM
#68
We all can. As long as we have the bitcoin encash to reall money (well if someone will accept bitcoin as payment then that is much better, but somehow is somewhat impossible). I really wanted to have my own house and lot, and i think with the help of bitcoin, i might or my dream is a reach of my hand. I just need to more patient, waiting for it to increase it value. Also, trying to trade with other cryptos is also my option in reaching my dreams. I have heard from some of my countrymen that they already have their own house with the help of bitcoin. That is why its my next year goal.
newbie
Activity: 182
Merit: 0
March 27, 2018, 08:08:02 AM
#67
No problem with that if you have more bitcoin in your wallet. But I think much better to buy a house in cash not with bitcoin because bitcoin value can triple from not. The price of bitcoin will increase more than on what it's price today.  If I have bitcoin and cash I will choose to pay cash than bitcoin.
full member
Activity: 696
Merit: 100
March 27, 2018, 07:25:57 AM
#66
Ofcourse, you could buy a house using BTC if the one who sells accepts BTC as payment. But I think soon, if bitcoin is already that popular people may really accepts bitcoin as payment for house.
hero member
Activity: 1680
Merit: 505
March 27, 2018, 07:02:41 AM
#65
anyone can buy a house with bitcoin, I actually do not believe it, but aboutga I have bought a house using bitcoin money, I just tried to understand the work in this bitcoin.

If someone is able to accept payment for buying a home bitcoin, of course it is possible. In the same way you can buy other valuable goods. It is a matter of time when such payments are generally acceptable.
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