If Bitcoin goes up very high should i buy a house? - page 10.

heraldlazaro25

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Quote from: doublemore on October 29, 2015, 05:04:54 AM

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

It depends to you on how bitcoin or money you earned. It also depends on the type of house you want because some of the houses costs more than a million. It is a good idea to buy a house with your money because its also an investment for you. You can live in there and you can make it a business by letting someone rent on it.

plaintiff77

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time will come, bitcoin goes very high. Acquiring a house is the very first brilliant idea an individual must have. Since its everybody's dream.its not actually impossible. Let us just have to be patient and embrace the rules of bitcoin. Put a lot of efforts and wait for the right time and everyting will come true according to what has been planned like buying a dream house.

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Quote from: AjithBtc on September 08, 2017, 12:28:49 AM

Quote from: zidanw on September 08, 2017, 12:25:49 AM

I'm surprised to see this thread create in 2015, now the bitcoin price is much higher than the price in 2015. I think you can buy a house if you have the bitcoin you saved in 2015.

Yes, during those days the price was in three digits and now this game have changed a lot in terms of large scale adoption as well in terms of value. This proves that the price grows high in the upcoming days too, and based on the requirement it's good to buy a house.

yes we have always good expectation from bitcoin that it will give us a good profit and in fact the price of bitcoin is continuously increasing therefore there are more chances that we will get a good profit from bitcoin and we will become able to buy a house with the profit that we will get from bitcoin. i am hopeful that in my area i can really get house with the profit that i get from bitcoin.

didik12

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Yes of course, because bitcoin salary or profit is not a joke,bitcoin gives a high value of money when if the time had come that that price a very high many things you can buy specially you can afford the value of a house because bitcoin is not stable of her price they have possibility that the price today is become double tomorrow. So if the high price today is double of the price of a house you can buy a house not only a house any thing what you want.

andycarrol

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currently, bitcoin price looks indeed very high escalated, but plans to buy a House is still not reached. Maybe I should wait for the price of the bitcoin touching $10,000 and I will be buying a house. but a few people sell their house for investment in bitcoin, they really are quite bold.

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Quote from: Aikidoka on September 08, 2017, 12:49:33 PM

If bitcoin goes up very high, you should be aware of what it takes to buy a house. As a matter of fact, buying a house is not easy at all. You need a lot of money to afford it. If you have much bitcoin, you will be able to afford a house. It is not a question of how bitcoin is going up, it is a question of how much bitcoin you have at the moment.

I knew someone a good friend of mine here inside the forum who already starting to build his own house he got lucky and make it to right timing buying and joining ICO coins and with his earnings from his signature campaign he use his earnings to invest with good project coins.

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Quote from: virasog on September 08, 2017, 11:45:20 AM

The housing market is not going to rise at the rate of bitcoin any time soon and probably never. A $100,000 bitcoin purse is going to be worth much more in five years than the value of a $100,000 cheap house is going to be. If you want to eliminate your payment, that is one thing, if you are looking at it as an investment, than that is another story altogether. You need to take analysis of the house price and compare it with bitcoin price for the next 5 to 10 years.

Housing also is far more stable than bitcoin is, and there's nowhere near the risk that a $100,000 house will ever depreciate near the speed bitcoin has shown an ability to lose value at. Five years from now is a long time in crypto. Worst case for a house is it depreciates 20-30% in five years, and that would probably take another housing crisis and global recession. Worst case for bitcoin is that it loses 90% or more in 5 years, or that it gets replaced by a more innovative coin and has no value in 5 years.

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If bitcoin goes up very high, you should be aware of what it takes to buy a house. As a matter of fact, buying a house is not easy at all. You need a lot of money to afford it. If you have much bitcoin, you will be able to afford a house. It is not a question of how bitcoin is going up, it is a question of how much bitcoin you have at the moment.

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Quote from: doublemore on October 29, 2015, 05:04:54 AM

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

I am sure you can buy your own house if bitcoin price rate still continue to rise because it will surely enable your bitcoin to grow up more so that you can buy your dream house. But it will be depending to your buyer if he will accept bitcoin as a payment or he will still prefer to use fiat as a term of payment. But the assurance to buy a house with your bitcoin holding is really possible.

Lady Coquet

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Quote from: doublemore on October 29, 2015, 05:04:54 AM

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

If you use bitcoin as payment for buying a house you cannot buy a house because no one would ever accept bitcoin as payment because not everyone know about bitcoin but if someone would really like to accept bitcoin as payment you could probably buy a house in a right amount. You can also convert your bitcoin into a real cash so you could buy a house if you have a enough money to buy a house.

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Quote from: Symphony_fr on September 08, 2017, 06:32:49 AM

If bitcoin rises very high, you can buy not only the house, but whatever you want, or even organize your business so that you do not need anything later. You just need to believe in it and wait.

Actually you can even buy a house right now using your bitcoin as long as you have enough bitcoin for you to buy it. And yes, not only a house can be bought thru it rather anything that money can buy since bitcoin is money too and you can easily trade to fiat money to buy things you wanted.

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Quote from: doublemore on October 29, 2015, 05:04:54 AM

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

You can buy house and car and whatever you want if you have it in your hand. I know someone who bought a town house already and another renovated his own house into a totally new one also from bitcoin.

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The housing market is not going to rise at the rate of bitcoin any time soon and probably never. A $100,000 bitcoin purse is going to be worth much more in five years than the value of a $100,000 cheap house is going to be. If you want to eliminate your payment, that is one thing, if you are looking at it as an investment, than that is another story altogether. You need to take analysis of the house price and compare it with bitcoin price for the next 5 to 10 years.

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Quote from: doublemore on October 29, 2015, 05:04:54 AM

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Buy a house with bitcoin,sure a house is worth a lot,but making a mistake is what I think you are doing here,like if you wait for a few more years,god knows maybe you can buy one house for one bitcoin(sounds ridiculous but you never know). What I am trying to prove here is that you can wait for a few years and then think of buying your house using bitcoin.

Symphony_fr

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If bitcoin rises very high, you can buy not only the house, but whatever you want, or even organize your business so that you do not need anything later. You just need to believe in it and wait.

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Quote from: BitcoinPC on September 08, 2017, 06:17:34 AM

Quote from: AjithBtc on September 08, 2017, 12:28:49 AM

Quote from: zidanw on September 08, 2017, 12:25:49 AM

I'm surprised to see this thread create in 2015, now the bitcoin price is much higher than the price in 2015. I think you can buy a house if you have the bitcoin you saved in 2015.

Yes, during those days the price was in three digits and now this game have changed a lot in terms of large scale adoption as well in terms of value. This proves that the price grows high in the upcoming days too, and based on the requirement it's good to buy a house.

Yeah, this thread is live long life, actually, it is belong to reality, people save bitcoin for buying something like house and car, and in those day, i mean in 2015 bitcoin was under $280. As i remember, because my first bitcoin which i bought in the end of 2015 and that was nearly $280. Now we have gain many and many profit from our bitcoin. So definitely he could buy a new house if he hold his bitcoin since now.

This will become the proof that we can buy things that is so much expensive before like a house because if we think for buying a house with the earnings in bitcoin it seems impossible because of the difficulty to earn bitcoin but if we are going to work hard and even we don't have a lot of bitcoins up until now then the only key is to work hard to be able to buy a house and fancy things.

BitcoinPC

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Quote from: AjithBtc on September 08, 2017, 12:28:49 AM

Quote from: zidanw on September 08, 2017, 12:25:49 AM

I'm surprised to see this thread create in 2015, now the bitcoin price is much higher than the price in 2015. I think you can buy a house if you have the bitcoin you saved in 2015.

Yes, during those days the price was in three digits and now this game have changed a lot in terms of large scale adoption as well in terms of value. This proves that the price grows high in the upcoming days too, and based on the requirement it's good to buy a house.

Yeah, this thread is live long life, actually, it is belong to reality, people save bitcoin for buying something like house and car, and in those day, i mean in 2015 bitcoin was under $280. As i remember, because my first bitcoin which i bought in the end of 2015 and that was nearly $280. Now we have gain many and many profit from our bitcoin. So definitely he could buy a new house if he hold his bitcoin since now.

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No high is high enough my friend, the sky is the limit....

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Even though house is a property and it something your kids will inherit in the future, bitcoin also is a future investment which you ought to keep for a long run. Therefore, purchasing a building with the 80% of your bitcoin investment is not a wise decision because halving is around the corner and you know what usually happen to bitcoin.

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Quote from: Stgsurya on September 08, 2017, 12:47:09 AM

There are some awesome-looking properties showcased on Bitcoin Real Estate. My favorite: the eight-bedroom, six-living-room, seven-bathroom Australian abode that can be had for the bitcoin equivalent of $3.5 million.

wow that's really a nice property if we would got the chance gaining that much with our bitcoin / alt coin trading its also a dream for me to have some decent
house which comes from my bitcoin investment maybe after some year ill be able to achieved it. keep praying and holding a bit.

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