I don't think buying a house would be a good idea. Not to mention, you have 100% of your net worth in bitcoin?!?! Why would you do that?! (at least the way you said it sounded like that, if I'm mistaken then I'm sorry)
Buying a house from bitcoin profit is not a bad idea, if you earn huge amount and can afford to buy or build a house why not right. There is a possibility that we can afford all we want here in bitcoin just continue to believed in bitcoin do not let put negative thought in your mind for bitcoin always think positive you life would be better than before. 
Topic: If Bitcoin goes up very high should i buy a house? - page 27. (Read 133924 times)
I don't think buying a house would be a good idea. Not to mention, you have 100% of your net worth in bitcoin?!?! Why would you do that?! (at least the way you said it sounded like that, if I'm mistaken then I'm sorry)
Why do you think isn't a good idea? It is everyone's dream to have their very own house. That's why for me whether the price of bitcoin is going to increase or not, I want to fulfill my dream of having my own home. It's either for me to live there or I am going to use it for business purpose like renting it for monthly profit.
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.
In our time now, bitcoin so far is not yet accept as payment in real estate even in the other country. But it could be possible maybe in the future. In some other situation if the broker in the real estate, or even lot agent are bitcoin enthusiast I think they can make a transaction via bitcoin depending on how are they're gonna do it.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 do this, pretty easy. Just use a lawyer, or sell the bitcoin. Thus also isn't a bad idea, if you get the house at a decent rate. You peg your value to.it's highest, into an asset that is fairly liquidable (provided you got it cheap enough). I'd honestly rather have a prepaid, rent free housing solution, that I can later sell, rather than bitcoin. You can't live in a wallet. But, you will be paying property tax.
If that happens why are you buying just a house? You could also buy a car, yatch or jewelries as long as you have many bitcoins when its price is over $10,000. But again you need to be patient because I know that it will be soon before it happens.
You should do , cause owning a house is my dream ,
I want to start a family with a house to have more time in bitcoin.
Bitcoin is now a part of my daily life.
Actually, where in the same page mate. I've been dreaming too, to have a brand new house and lot by bitcoin I do believe that I could have that. Because my belief was a years from now bitcoin will really become 10,000$ soon. but for now I doing everything to make profit in bitcoin everyday via bitcoin trading and signature campaign anyhow. I want to start a family with a house to have more time in bitcoin.
Bitcoin is now a part of my daily life.
That's my number 1 expectation from my bitcoin investments. If you profit enough to buy a house, don't wait any longer. Dump your coins and get your dream house. I would certainly do so that if i made that much profit out of my investments. But for now; I will hold my bitcoins till they grow enough to make my dream real.
I think it was a joke. You can buy anything with bitcoin now as well. Just convert it to fiat and you are done. It's the amount of money that matters to the owner. And leave it to him if he wants to convert to bitcoin again or not. And if you want to do the exchange in bitcoin that might not be possible right now. Cause it is not that popular in general.
I don't think buying a house would be a good idea. Not to mention, you have 100% of your net worth in bitcoin?!?! Why would you do that?! (at least the way you said it sounded like that, if I'm mistaken then I'm sorry)
Yes,its possible to buy a house but not on bitcoin since there are no sellers that do accept bitcoin as a payment on buying a house and with that we would really need to convert our bitcoin to local fiat so that we could able to buy a house since adoption of bitcoin is not that high.
but i think there must be some places where people may be using bitcoins for buying or selling a house. in fact bitcoin is now becoming more and more popular and most of the people now know about the importance of bitcoin. 
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.
In our time now, bitcoin so far is not yet accept as payment in real estate even in the other country. But it could be possible maybe in the future. In some other situation if the broker in the real estate, or even lot agent are bitcoin enthusiast I think they can make a transaction via bitcoin depending on how are they're gonna do it. 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,its possible to buy a house but not on bitcoin since there are no sellers that do accept bitcoin as a payment on buying a house and with that we would really need to convert our bitcoin to local fiat so that we could able to buy a house since adoption of bitcoin is not that high.
It is better to buy a house to live in but with bitcoin it maybe not possible like you said and I am adding the reason that as it is not a government legalized currency so we will not be able to write the price in bitcoin in the court papers. So we will first need to convert that bitcoin in fiat to buy a house.
Yes,its possible to buy a house but not on bitcoin since there are no sellers that do accept bitcoin as a payment on buying a house and with that we would really need to convert our bitcoin to local fiat so that we could able to buy a house since adoption of bitcoin is not that high.
It is quite possible that soon the situation will change and it will be possible to make such purchases without the need for conversion into national currency cryptocurrency
The cheapest & most affordable method to finance a house is to purchase land and assemble a prefabricated home kit on top of it.
They're are prefabricated kits that cost $5,000 - $30,000 for a full size house. In some cases that will include labor & the cost of assembling the prefabricated kit.
That could be a decent alternative to consider rather than buying an existing house outright which could carry a 200%+ price markup over what it cost to build originally.
I couldn't say whether you should buy a house or not. Only you can decide that.
This thread is from 2015. I hope things went well for you.
They're are prefabricated kits that cost $5,000 - $30,000 for a full size house. In some cases that will include labor & the cost of assembling the prefabricated kit.
That could be a decent alternative to consider rather than buying an existing house outright which could carry a 200%+ price markup over what it cost to build originally.
I couldn't say whether you should buy a house or not. Only you can decide that.
This thread is from 2015. I hope things went well for you.
Yes,its possible to buy a house but not on bitcoin since there are no sellers that do accept bitcoin as a payment on buying a house and with that we would really need to convert our bitcoin to local fiat so that we could able to buy a house since adoption of bitcoin is not that high.
Ofcourse if you have that money then should buy a house better than paying rent every month.
If the bitcoin rises faster than the price of the house, it is better to rent.
Ofcourse if you have that money then should buy a house better than paying rent every month.
Yes if you can afford it then why not, if only i had lots of btc i will also buy it because currently we dont have our own home and still renting. well it takes time and hardwork to achieve what you really want.
Ofcourse if you have that money then should buy a house better than paying rent every month.
Well i don't think we will reach your very high figure (3-3,5k) in this year, but a house is one of the things i consider worthy to spend your bitcoin. People earn money to fulfill their need. You will need a house when you start a family and the house can be your substitute invesment.
It depends if the owner of the house are accepting bitcoins since if he already had tones of bitcoin that be equivalent to the house price why not to buy right? You can fulfill anything you want in bitcoin the dream of yours like mine i already bough some of items with bitcoin and im happy with that.
Anything we can buy with bitcoin including houses, if the price is still $1.000 I think difficult to benefit significantly. Maybe if this year the price of the bitcoin hit $5.000 then I will sell my bitcoin to buy a House.
i think you can even buy a house with bitcoin if the price of bitcoin will stay at 1000USD at currency price you need a little greater number of bitcoin and if the price goes up then you can buy a house with little number of bitcoin. i totally depend on the price of bitcoin.. 
Well i don't think we will reach your very high figure (3-3,5k) in this year, but a house is one of the things i consider worthy to spend your bitcoin. People earn money to fulfill their need. You will need a house when you start a family and the house can be your substitute invesment.
It depends if the owner of the house are accepting bitcoins since if he already had tones of bitcoin that be equivalent to the house price why not to buy right? You can fulfill anything you want in bitcoin the dream of yours like mine i already bough some of items with bitcoin and im happy with that.It doen't have to rely on the house owner accepting bitcoin or not. He can just cash out his bitcoin as he said in the op. If we have to rely on the owner accepting bitcoin, it would take maybe another 5 or 10 year until bitcoin accepted as that kind of payment.
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