If Bitcoin goes up very high should i buy a house? - page 25.

deppil

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Quote from: fathur.aza on April 04, 2017, 07:44:40 AM

I became so if the price is high bitcoin buy homes to live with my family.
may result from this bitcoin I would investment after buying a house.

thanks bitcoin.

buy a house is not as easy as you'd think. I've tried almost 4 years in bitcoin and I have not been able to buy a house. perhaps because I was too extravagant or anything but to buy a house needs a lot of bitcoin?

Forester618

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Quote from: SoeNan89 on April 05, 2017, 09:18:54 AM

Quote from: delliaerd on April 05, 2017, 06:57:27 AM

Quote from: pealr12 on April 05, 2017, 05:59:00 AM

Owning a house is everyones dream ,so if bitcoin price goes up so very high i am definitely buying my own house.
But the problem is when will it happen that the price will go the moon.

I'm sure the price of bitcoin will continue to rise. you wait and grow bitcoin amount you save. if we only had a little bitcoin would be longer for us to be able to buy a house, but if we try to increase the number of bitcoin that we have so we can more quickly to achieve our goal. home is a basic requirement we will not be sorry to spend bitcoin we have to buy it.

Yes I agree with you that the price Bitcoin will continue to rise, I will buy some Bitcoin now
then I want to hold it for future. If the price suitable with my target, I want to sell it and buy a house and a car.

I think you missed your chance. Such a large growth of bitcoin which we have seen before will not. You can simply earn money in bitcoins and postpone their next purchase. In any case, be prepared for the fact that the price of bitcoin may rise or fall.

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Quote from: SoeNan89 on April 05, 2017, 09:18:54 AM

Quote from: delliaerd on April 05, 2017, 06:57:27 AM

Quote from: pealr12 on April 05, 2017, 05:59:00 AM

Owning a house is everyones dream ,so if bitcoin price goes up so very high i am definitely buying my own house.
But the problem is when will it happen that the price will go the moon.

I'm sure the price of bitcoin will continue to rise. you wait and grow bitcoin amount you save. if we only had a little bitcoin would be longer for us to be able to buy a house, but if we try to increase the number of bitcoin that we have so we can more quickly to achieve our goal. home is a basic requirement we will not be sorry to spend bitcoin we have to buy it.

Yes I agree with you that the price Bitcoin will continue to rise, I will buy some Bitcoin now
then I want to hold it for future. If the price suitable with my target, I want to sell it and buy a house and a car.

That's a good prospect. But let's not just wait for the price of btc to go really high. At this point, we should be saving btcs for the right time so we can accumulate anough to actually buy us a house. I think that by the time that happens, a lot of real estate owners would be willing to sell through bitcoin

SoeNan89

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Quote from: delliaerd on April 05, 2017, 06:57:27 AM

Quote from: pealr12 on April 05, 2017, 05:59:00 AM

Owning a house is everyones dream ,so if bitcoin price goes up so very high i am definitely buying my own house.
But the problem is when will it happen that the price will go the moon.

I'm sure the price of bitcoin will continue to rise. you wait and grow bitcoin amount you save. if we only had a little bitcoin would be longer for us to be able to buy a house, but if we try to increase the number of bitcoin that we have so we can more quickly to achieve our goal. home is a basic requirement we will not be sorry to spend bitcoin we have to buy it.

Yes I agree with you that the price Bitcoin will continue to rise, I will buy some Bitcoin now
then I want to hold it for future. If the price suitable with my target, I want to sell it and buy a house and a car.

STT

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Quote from: Xester on April 04, 2017, 08:42:36 AM

That is the dream that I have for years. I have thought that by saving some bitcoins I could finally construct a house on my own for my family. But the problem lies not on the value of bitcoin but rather my savings was spent due to important necessities and right now I am not sure that if the price of bitcoin reaches sky high I can construct my house.

In my country you can build anywhere if you can justify yourself as a local worker and your house will be all be self sustainable. So you dont get to connect to electric grid or anything and must show you can get your own water and so on. Its a generous offer as its the cost of land which mostly stops people from just setting themselves up somewhere.

Go back a century or so and expanding nations would have the people more naturally provide their own accommodation. Now its all restricted in most western countries. You have the same demand as always but with limited supply = sky high prices.

So yea its unfortunate downfall for most normal families. I believe the advantage now with the online economy is that maybe you can avoid cities and this is your hope to own your house by being somewhere more remote perhaps

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Quote from: pealr12 on April 05, 2017, 05:59:00 AM

Owning a house is everyones dream ,so if bitcoin price goes up so very high i am definitely buying my own house.
But the problem is when will it happen that the price will go the moon.

I'm sure the price of bitcoin will continue to rise. you wait and grow bitcoin amount you save. if we only had a little bitcoin would be longer for us to be able to buy a house, but if we try to increase the number of bitcoin that we have so we can more quickly to achieve our goal. home is a basic requirement we will not be sorry to spend bitcoin we have to buy it.

pealr12

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Owning a house is everyones dream ,so if bitcoin price goes up so very high i am definitely buying my own house.
But the problem is when will it happen that the price will go the moon.

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Quote from: DoublerHunter on April 04, 2017, 10:20:52 AM

Quote from: asriloni on April 04, 2017, 10:14:32 AM

Quote from: kynaz on April 02, 2017, 10:01:03 AM

i think the bitcoin's price doesn't related to buying a house, If you want to buy a house , just look at your own financial , you have enough to buy that house ? You really need that house ? Then turn the bitcoin into your currency then buy your own house.

I think if he was having a lot of the bitcoin and if the price of bitcoin will go to the moon and he can be bought a lot of the houses. And you're not understand the purpose.

Yes the price of bitcoin will always related to the capability if you can buy or not. If you have a lot of bitcoins then buying a house with bitcoin is very easy and if the price go to the moon then it is very clear that you can afford more houses or any property that you want to buy. The main concern here is about bitcoin and not fiat in buying houses so it is always related.

Maybe in a future this process would be easier and maybe political side will implement fee's for bitcoin if you are buying a house or a car depending on a item you are purchasing. I think if cryptocurrencies would be involved in to economimal system like a object or method of payment system we can expect new companies which allow people to spend their bitcoins on different spendings

Okurkabinladin

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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.

It is completely legit.

Investors should never keep more than 10% of their networth in any particular product for too long anyway.

Buying a real estate/residence is a great way of diversification, while also improving you living standarts obviously.

If you can afford house after bitcoin reaches 3000 dollars per unit, by all means go fo it.

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Quote from: bncbnc on April 03, 2017, 12:37:26 PM

Quote from: Pattberry on April 02, 2017, 02:30:06 PM

Quote from: kynaz on April 02, 2017, 10:01:03 AM

i think the bitcoin's price doesn't related to buying a house, If you want to buy a house , just look at your own financial , you have enough to buy that house ? You really need that house ? Then turn the bitcoin into your currency then buy your own house.

The OP thinks that the price of bitcoin would reach astronomical figures and sure if you are holding a good amount of coins sure you can make a lot of profit and it all depends upon how capable you are in accumulating the coins and if you are smart enough to do so then you could do what ever you want with the coin.

but i think it is not only depending on the price of bitcoin. but there are so many other factors which enable you to buy a house wit bitcoin. for example the place value where you want to buy a house and also the area that how much are is holding the hose

It seems to me that you can buy anything for bitcoin, but the main problem is to find a seller who would agree to sell you something for bitcoin or how to convince the owner of a house to sell you for bitcoin. These are the first difficulties, because few people understand what it is crypto currency.

Yeah I agree, the problem with bitcoin right now is that we can’t really find a right way to spend it, like there is no seller that accepts bitcoin, we can’t use it as a normal currency we can’t buy food supplies from shops or anything, the only thing that I found that I can buy with bitcoin are games, the only option that we have right now is exchanging bitcoin to fait and then buying stuff with it, and I hope that changes in the future.

hisuka

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Quote from: fathur.aza on April 04, 2017, 07:44:40 AM

I became so if the price is high bitcoin buy homes to live with my family.
may result from this bitcoin I would investment after buying a house.

thanks bitcoin.

This is what Im aiming for. If i have more bitcoins that supports to buy a house, I will buy no matter what. But its hard for me to achieved this dreamt. I will ofcourse cashout into fiat or if theres someone sells house in exchange in bitcoin this would be nice though.

SoeNan89

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Quote from: asriloni on April 04, 2017, 10:14:32 AM

Quote from: kynaz on April 02, 2017, 10:01:03 AM

i think the bitcoin's price doesn't related to buying a house, If you want to buy a house , just look at your own financial , you have enough to buy that house ? You really need that house ? Then turn the bitcoin into your currency then buy your own house.

I think if he was having a lot of the bitcoin and if the price of bitcoin will go to the moon and he can be bought a lot of the houses. And you're not understand the purpose.

Of course, I think all of people will buy a house if the price of Bitcoin go to the moon, including me.
But no anybody can know the price of Bitcoin in the future, Flying to the moon or diving to the earth Grin

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Quote from: asriloni on April 04, 2017, 10:14:32 AM

Quote from: kynaz on April 02, 2017, 10:01:03 AM

i think the bitcoin's price doesn't related to buying a house, If you want to buy a house , just look at your own financial , you have enough to buy that house ? You really need that house ? Then turn the bitcoin into your currency then buy your own house.

I think if he was having a lot of the bitcoin and if the price of bitcoin will go to the moon and he can be bought a lot of the houses. And you're not understand the purpose.

Yes the price of bitcoin will always related to the capability if you can buy or not. If you have a lot of bitcoins then buying a house with bitcoin is very easy and if the price go to the moon then it is very clear that you can afford more houses or any property that you want to buy. The main concern here is about bitcoin and not fiat in buying houses so it is always related.

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Quote from: kynaz on April 02, 2017, 10:01:03 AM

i think the bitcoin's price doesn't related to buying a house, If you want to buy a house , just look at your own financial , you have enough to buy that house ? You really need that house ? Then turn the bitcoin into your currency then buy your own house.

I think if he was having a lot of the bitcoin and if the price of bitcoin will go to the moon and he can be bought a lot of the houses. And you're not understand the purpose.

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It depends on you, but I think you can use the money to generate money. Buying a home does not increase your fortune, you should think about investing or trading something with Bitcoin in the future. Buying a home just takes time, I want you to know that you need strong finances in the future to maintain the life of the house. Buying a home can cause you financial problems, Bitcoin prices will rise in the future, you should keep it and seek the right investment. In the next few years you will probably get your dream home from the profits of the bitcoin investment

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Quote from: fathur.aza on April 04, 2017, 07:44:40 AM

I became so if the price is high bitcoin buy homes to live with my family.
may result from this bitcoin I would investment after buying a house.

thanks bitcoin.

That is the dream that I have for years. I have thought that by saving some bitcoins I could finally construct a house on my own for my family. But the problem lies not on the value of bitcoin but rather my savings was spent due to important necessities and right now I am not sure that if the price of bitcoin reaches sky high I can construct my house.

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I became so if the price is high bitcoin buy homes to live with my family.
may result from this bitcoin I would investment after buying a house.

thanks bitcoin.

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Quote from: bitbunnny on April 04, 2017, 05:12:11 AM

Maybe you have enough Bitcoins to buy a house but the real problem would be where will you find someone who would wish to sell you a house for Bitcoins. People are still reluctant to accept Bitcoins for the goods because of the volatility of price and they feel insecure. And so far I haven't seen any real estate agency who would offer their services for Bitcoins.

There is no problem when finding a person who want to sell their house in bitcoins because it is very easy to convince a seller to pay their property with bitcoin. Just tell them that bitcoin can easily be exchange in money and bitcoin is not that very volatile that like changing an average price of $500. Just go and explain to the seller that if you pay in bitcoin it is already an investment that can give profit for them in the mean time and can easily be cash out.

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Maybe you have enough Bitcoins to buy a house but the real problem would be where will you find someone who would wish to sell you a house for Bitcoins. People are still reluctant to accept Bitcoins for the goods because of the volatility of price and they feel insecure. And so far I haven't seen any real estate agency who would offer their services for Bitcoins.

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Quote from: mastermold on April 04, 2017, 03:45:59 AM

Yeah, why not. Until the seller is ready to sell it for bitcoins. You can buy the house. Bitcoin is digital money. And even if the seller is not ready for selling, you can convert your bitcoin into fiat and buy the house.

As of now no one would really sell off house and accepting bitcoin as a payment because most sellers would surely hesitate because of the involve risk on accepting it and you are right we can always convert our bitcoin to local fiat for us to be able to buy houses without the need on spending directly our bitcoin.

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