If Bitcoin goes up very high should i buy a house? - page 21.

Gumpfire

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Quote from: doublemore on October 29, 2015, 04:04:54 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.

Yes you could buy i house if they accept bitcoin which is not because bitcoin is not a legal currency you can only buy things if we convert our bitcoins into a real money. But there are some people who accepts bitcoin as payment you could look for people who is selling there house and accepts bitcoin.

Sled

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Quote from: BeGoods on June 24, 2017, 09:42:25 AM

Quote from: Kizaki on June 14, 2017, 07:05:10 AM

I think you should,you can, and you will buy a house in cash |(bitcoins type ) if price go very up high and it goes into news everyday on our tv and if businesses will accept bitcoins payment for their houses

You can buy whatever you want to use bitcoin as its currency including buying house. But one condition that must exist dude, The seller accepts payment with bitcoin? Because to find a selller who accepts payments with bitcoin is not an easy thing you know ?

If they don't accept bitcoin then it is very easy to make them accepting bitcoin as a payment because you just need to explain them what is bitcoin and that are the things that they can do with bitcoin and also the possibilities that can happen in bitcoin in terms of long term holding. If they will understand you then there will be a chance that they will just choose bitcoin as a payment and not fiat anymore.

STT

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He can buy anything even a house where the seller isnt wanting to accept bitcoin. Just like a Japanese dude with Yen can buy a house in France with Euro. The man with the Yen just has to convert and will incur costs and some risk while doing so and so to is the bitcoin holder in a similar position.

If it was me I would sell the crypto for gold with a particular firm that accepts it directly, cutting out some fees. Then I would use that firm to establish a checking account linked to Visa and this is how I could buy a house in any part of the world because they are established in monetising gold like that. However I wouldnt be surprised if some firms for bitcoin will do this and skip the gold holding part maybe, Anyone who is dealing over 50,000 of worth in dollars say can pretty much phone or contact any firm and they should make an effort to try and meet his needs, it'd be quite unfortunate if nobody out there handles a purchase. I believe its only a question of fees, the way I mention is under 5% fees for sure maybe much less

BeGoods

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Quote from: Kizaki on June 14, 2017, 07:05:10 AM

I think you should,you can, and you will buy a house in cash |(bitcoins type ) if price go very up high and it goes into news everyday on our tv and if businesses will accept bitcoins payment for their houses

You can buy whatever you want to use bitcoin as its currency including buying house. But one condition that must exist dude, The seller accepts payment with bitcoin? Because to find a selller who accepts payments with bitcoin is not an easy thing you know ?

yellow1

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Maybe buy house because it is important to our life our house. It a chance to buy when the price is good and this is a good idea and if you already more bitcoin and savings. But not only house we can buy it also our needs. I will buy house because i work hard for this to earn bitcoins. This is our goal and dreams come true in bitcoin that's gives us opportunity to earn and easy to earn. Its a chance to buy if the the price is high we have an opportunity. And or else we earn again bitcoin if we buy our bitcoin. The others bitcoin is put in an investment the remained.

Vikingr

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Quote from: fullypak on June 15, 2017, 01:43:22 AM

Quote from: goldcoinminer on June 14, 2017, 11:59:27 PM

Quote from: freedomno1 on June 14, 2017, 11:32:25 PM

Quote from: doublemore on October 29, 2015, 04:04:54 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.

He-he this is a classic thread it's nice to see it again today because this person can totally buy a house if they had a decent amount of Bitcoin from 2015 ^^.
Now I wait to see what a few Bitcoins gets people in 2020.

The more we wait longer we are given a chance to have income and eventually we can buy a house with our precious bitcoin.
Although it is not acceptable all over the world but I believe as bitcoin getting popular, slowly sellers could adopt to gain more customers.

Yes this best currency for real estate. We don't need to show our income certificate to buy our own house. If you want to purchase a house with fiat currency, we have a lot of rules and restrictions. But if the seller accepts bitcoin then we can make this deal very easily. It is easy for buyers, but it is tough for the seller. Right now it not possible but in future maybe we can buy.

If the seller is already a bitcoin user then I do not think that there will be any problem for him to accept bitcoin for selling his house to you because he will know well that it is easily used and easily converted to any currency but if the seller is a non bitcoin then he will not accept it easily.

dokinna

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Home is one of the necessities of life, a place to shelter from the heat and cold, it is natural that every man wants a house, and the good news you can buy a house with bitcoin, not just the house, the car and the most advanced computer you can buy

mornabo

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Quote from: Kizaki on June 14, 2017, 07:05:10 AM

I think you should,you can, and you will buy a house in cash |(bitcoins type ) if price go very up high and it goes into news everyday on our tv and if businesses will accept bitcoins payment for their houses

It seems for now it would be better to use cash to buy a house. You have to exchange your bitcoin with cash to buy a house. Because at this time it seems there is no home seller agency that receives payment with bitcoin?

babsalt1975

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The biggest dream that everyone will have have is to own a personal house and avoid those monthly payments to other people (Landlords) in terms of rent. If you bought bitcoins a year ago, I hope you are smiling now because the price has gone rocket high and you can reap enough if you the sell the bitcoins at the current price. You can definitely buy a house if you had a few bitcoins and kept them safely.

KesoNie

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Quote from: Arahara0230 on June 15, 2017, 03:39:41 AM

You should by a house if you really need it man that would be great! If you dont really need it or you have a good house already, man, you should invest it on other things.

yes you may buy a house using it, i have a friend who buy a house and lot, she saves it in her wallet then suddenly bitcoin price goes up so that her bitcoin that she saves grows up too, and thats why she bought her house, just be patient we will having that money to buy the things that we wanted.

Freezingel

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You should! House is one of the most important thing in life and you should buy it if bitcoin price is high enough. Bitcoin is volatile but house is one of the most promising investment (at least in my country).

jaysabi

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Some people seem to think buying a house in bitcoin will save you tax money. Regardless of how you buy your house, you're going to have to pay taxes on it when you sell. If you're buying a house with bitcoin, you're still going to use the USD equivalent for tax purposes. All real estate transactions are registered with a county or local government office, you cannot buy a house anonymously. You will also still be subject to real estate taxes while owning, not just when you sell.

Restmand

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Quote from: Angel777 on June 15, 2017, 08:45:42 AM

If my bitcoin is more than enough to buy a house,yes i will buy a house.So that I have a proof that I can get what ever I want from bitcoin,a remembrance that will enherit until the last generatoin of my family.If bitcoin is increasing continouisly many botcoiner benificiaries will give benefits to become rich or millionaire.Especially the bitcoin saver and the bitcoin collector.

yes when i got a 1btc or if my bitcoins here will be go up its prices i can now afford to buy a house, it is not hard for me to buy that matter. i can buy house and i can buy cars if it will happen , but now i only have bitcoin in my dreams all i have is a smaller amount that is satoshis or micro bitcoin, i hope that i could have bitcoin so that i can afford to buy a house for us.

Fredomago

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Quote from: NEWGOODOUBLE on June 15, 2017, 09:04:33 AM

Quote from: Kizaki on June 14, 2017, 07:05:10 AM

I think you should,you can, and you will buy a house in cash |(bitcoins type ) if price go very up high and it goes into news everyday on our tv and if businesses will accept bitcoins payment for their houses

If you find someone who sells their house by using bitcoin. You should share the information in this forum. Because surely there will be many interested users. Because in real life is very difficult to find people who receive payment with bitcoin

maybe the sellers was also a bitcoin fanatic that's why he accept btc payments and its not usual though and for sure if this start in each countries who already use btc like japan and australia it will be easy access to have this good fortune as we knew that there's already a lots of traders and bitcoiners who already gain a lot.

NEWGOODOUBLE

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Quote from: Kizaki on June 14, 2017, 07:05:10 AM

I think you should,you can, and you will buy a house in cash |(bitcoins type ) if price go very up high and it goes into news everyday on our tv and if businesses will accept bitcoins payment for their houses

If you find someone who sells their house by using bitcoin. You should share the information in this forum. Because surely there will be many interested users. Because in real life is very difficult to find people who receive payment with bitcoin

Angel777

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If my bitcoin is more than enough to buy a house,yes i will buy a house.So that I have a proof that I can get what ever I want from bitcoin,a remembrance that will enherit until the last generatoin of my family.If bitcoin is increasing continouisly many botcoiner benificiaries will give benefits to become rich or millionaire.Especially the bitcoin saver and the bitcoin collector.

Arahara0230

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You should by a house if you really need it man that would be great! If you dont really need it or you have a good house already, man, you should invest it on other things.

fullypak

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Quote from: goldcoinminer on June 14, 2017, 11:59:27 PM

Quote from: freedomno1 on June 14, 2017, 11:32:25 PM

Quote from: doublemore on October 29, 2015, 04:04:54 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.

He-he this is a classic thread it's nice to see it again today because this person can totally buy a house if they had a decent amount of Bitcoin from 2015 ^^.
Now I wait to see what a few Bitcoins gets people in 2020.

The more we wait longer we are given a chance to have income and eventually we can buy a house with our precious bitcoin.
Although it is not acceptable all over the world but I believe as bitcoin getting popular, slowly sellers could adopt to gain more customers.

Yes this best currency for real estate. We don't need to show our income certificate to buy our own house. If you want to purchase a house with fiat currency, we have a lot of rules and restrictions. But if the seller accepts bitcoin then we can make this deal very easily. It is easy for buyers, but it is tough for the seller. Right now it not possible but in future maybe we can buy.

goldcoinminer

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Quote from: freedomno1 on June 14, 2017, 11:32:25 PM

Quote from: doublemore on October 29, 2015, 04:04:54 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.

He-he this is a classic thread it's nice to see it again today because this person can totally buy a house if they had a decent amount of Bitcoin from 2015 ^^.
Now I wait to see what a few Bitcoins gets people in 2020.

The more we wait longer we are given a chance to have income and eventually we can buy a house with our precious bitcoin.
Although it is not acceptable all over the world but I believe as bitcoin getting popular, slowly sellers could adopt to gain more customers.

freedomno1

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Quote from: doublemore on October 29, 2015, 04:04:54 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.

He-he this is a classic thread it's nice to see it again today because this person can totally buy a house if they had a decent amount of Bitcoin from 2015 ^^.
Now I wait to see what a few Bitcoins gets people in 2020.

Topic: If Bitcoin goes up very high should i buy a house? - page 21. (Read 133943 times)