If Bitcoin goes up very high should i buy a house? - page 28.

Viscore

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Quote from: artows21 on February 14, 2017, 03:30:23 PM

It's not because the value of bitcoin is going up that you will spend lots of money. The question is more that if you have lots of money it could be interesting to use your bitcoins at this time. This works for whatever you wanna buy.

Yea, though bitcoins value will increase or not we should buy our own house. This is will be a dream come true if this happens, you'll buy your own house with the help of bitcoin or by simply using it. And this is the best investment that you can ever make with bitcoin and I will go for as many house as I can but the sad fact I don't have plenty of it.

Never lose hope dude, if you will continue collecting bitcoins you will probably gonna buy your own home in the future. Take the value increase as your inspiration to work hard to earn. Me, I always wanted to have my own home that is why I am making good effort to maximize my earning, I have a job as my day job but I do not just rely on it, I believe there's more opportunity here than in real life but I am not ready yet to go full time with bitcoin.

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Quote from: KuromaYoichi on February 16, 2017, 01:22:22 PM

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.

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Quote from: KuromaYoichi on February 16, 2017, 01:22:22 PM

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 doesn't have to be this year, but in the coming years... Who knows, you might already accumulated big amount of bitcoin, enough to purchase a house that you dreamed of...

Definitely, we should buy a house, that's a goal of every one who has a dream of building a family or putting his family in safe... Aside from that, a house is a good investment and you could even earn from it by letting some people rent some of your space if you don't need it, specially if you are on a business district...

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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.

aesma

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Quote from: bitjoin on February 14, 2017, 03:19:51 PM

Quote from: Rinder on February 14, 2017, 01:11:12 PM

Being realiste here, if you have above 100-200 bitcoins you can really buy a house with it, lower ammounts will require more years, meaning more halvings, bitcoin will keep raising till the mine ends, then we will see how bitcoin will stand alive with the change at the market.

Might need more tbh since even with 100 etc who has the balls to just cash out 100% of them all for a house if the price goes up into thousands etc. Housing is costly af where i am dont know about u guys, its a rip off.

It really depends of your overall situation. I want to buy a house, or rather I want to have one built for me, this year. I have saved for a few years, I have inherited some money, I have a stable job allowing me to take a big mortgage, interest rates are very low (and in France, you can get a 25 years mortgage at a fixed rate, so it's practically free money). 10% of my savings (10BTC) is in Bitcoin, so it isn't really part of the equation. In fact I will probably keep the BTC and buy the house without it.

If BTC goes to the moon, I might use those to get a bigger house, or dig a swimming pool, or retire and go live on a tropical island !

artows21

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It's not because the value of bitcoin is going up that you will spend lots of money. The question is more that if you have lots of money it could be interesting to use your bitcoins at this time. This works for whatever you wanna buy.

bitjoin

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Quote from: Rinder on February 14, 2017, 01:11:12 PM

Being realiste here, if you have above 100-200 bitcoins you can really buy a house with it, lower ammounts will require more years, meaning more halvings, bitcoin will keep raising till the mine ends, then we will see how bitcoin will stand alive with the change at the market.

Might need more tbh since even with 100 etc who has the balls to just cash out 100% of them all for a house if the price goes up into thousands etc. Housing is costly af where i am dont know about u guys, its a rip off.

Rinder

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Being realiste here, if you have above 100-200 bitcoins you can really buy a house with it, lower ammounts will require more years, meaning more halvings, bitcoin will keep raising till the mine ends, then we will see how bitcoin will stand alive with the change at the market.

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Quote from: rajasumi3 on January 31, 2017, 06:17:04 AM

This is i guess everyone s dream to buy a house with bitcoins .but would it be so popular that the price of bitcoins would rise up so quickly .i cant say that because the price of bitcoins has become stagnant for a very long time and it is steadily increasing .but are there any companies who would accept bitcoins to buy a house ? If yes it would be getting a lottery.

Like the author it is also my dream to buy a house when bitcoin reached a a certain price wherein it met the value I am expecting in order for me to buy a house or construct a house. Even with or without companies that are accepting bitcoins in exchange for a house it is not a problem I could just convert my bitcoins to fiat currency then build a house of my own. But the problem is that my bitcoins is not yet enough to buy a house, I need to save more and I hope there is a sudden increase in bitcoins price to 100k $ so that my dream of having a house will be realized sooner.

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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.

aesma

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In my country you must pay taxes when you buy a house (and sometimes also when you sell). So there is no legal way to do it in bitcoins, as the state could not assess taxes on them. For the same reason, you can't even sell or buy a house with a price that is too low compared to the market, as the state will think you're trying to screw it of taxes.

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Quote from: rajasumi3 on January 31, 2017, 06:17:04 AM

This is i guess everyone s dream to buy a house with bitcoins .but would it be so popular that the price of bitcoins would rise up so quickly .i cant say that because the price of bitcoins has become stagnant for a very long time and it is steadily increasing .but are there any companies who would accept bitcoins to buy a house ? If yes it would be getting a lottery.

Who knows, one day someone in this forum is selling and sell one of his. We are not stagnant anymore and for me, I love this kind of price movement. For sure, in the years to come, there will be someone who will sell house for bitcoin as it is getting more and more popular. We've seen cars before which are sold here, so house is not too far from those.

rajasumi3

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This is i guess everyone s dream to buy a house with bitcoins .but would it be so popular that the price of bitcoins would rise up so quickly .i cant say that because the price of bitcoins has become stagnant for a very long time and it is steadily increasing .but are there any companies who would accept bitcoins to buy a house ? If yes it would be getting a lottery.

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Quote from: whizter on January 26, 2017, 06:18:18 PM

-snip-
yes i also agree with you that it depend on the interest of the seller, if he know about bitcoin, and is already using it, then the possibility is there that he will accept bitcoin for selling a house, but if he do not know about bitcoin then it is difficult to convince a person to accept bitcoin for selling a house.

Well, of course. Why would you accept something that you don't even know and don't have any idea what's the value of it is.

Quote from: bitllionaire on January 26, 2017, 03:37:35 AM

Quote from: Fatanut on January 25, 2017, 10:46:42 AM

Quote from: DrGuns4Hands on January 24, 2017, 10:21:28 AM

yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .

We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.

in fact one can earn many more that a house cost but actually still people may not be confident to accept bitcoins for the selling a house. actually the price of bitcoin is not stable and if a person sell bitcoin for a specific amount and then the price fell down i think he will face a big lost therefor people may not be ready to sell their hoses for bitcoins.

Like I said, why would you even open your house from bitcoin payment method if you don't fully understand it. Pretty much if someone's going to sell their house in exchange of bitcoins is looking for a long term investment and so they used their house to get started with their bitcoin investment. If the guy was too afraid that the price of bitcoin would decrease from 1000$ to 1$, then he's free to change it to fiat right after receiving it on his wallet.

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Quote from: Fatanut on January 25, 2017, 10:46:42 AM

Quote from: DrGuns4Hands on January 24, 2017, 10:21:28 AM

yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .

We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.

But I think it depend on three factors, one the price of bitcoin, if the price of bitcoin is trading so high then we required a little effort to buy a house with bitcoin, secondly the amount of bitcoin, if the price of bitcoin is low then you need to have a great amount of bitcoin and thirdly the value of the place where you want to buy a house.

And I think the interests of the seller is also a factor that either he is ready to accept bitcoin from you for buying a house or not.

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Quote from: coolcoinz on January 26, 2017, 01:04:03 PM

Quote from: Oralmat on January 25, 2017, 09:52:27 AM

Quote from: pixie85 on January 25, 2017, 12:41:20 AM

It is a good investment if the house has a good location and is in a good shape. If you buy something you'll need to put a load of cash to maintain it's not worth it.

On the other hand old houses sometimes are beautiful and worth more because of rare architecture.

You can buy the house only if you have lots of bitcoins or cash. By the way it hard to find anyone selling house for bitcoins. Perhaps you will need to convert them to cash to buy a house. In my country the best investment is the property but it is expensive.

It isn't hard to find. This is only one of many similar auction sites, that offers real estate for Bitcoin.
http://bitcoin-realestate.com/

Property may seem like a good investment, but all can change due to a natural disaster or terrorist attack. Tsunami, flood, earthquake or a crazy muslim with c4 and bye bye dream house... No investment is safe these days.

Yeah that's absolutely true, the risk you have take in an investment always worth to try however
No risk then no profit , so use that principle
And be brave on taking decision, property investment always promising , take it just becareful .

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Quote from: mundang on January 25, 2017, 11:01:21 AM

Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.

other than the home is important to your family, the house is also a great investment option for the future, as house prices continue to rise each year across the country. This may occur because of the increasing world population

whizter

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Quote from: bitllionaire on January 26, 2017, 03:37:35 AM

Quote from: Fatanut on January 25, 2017, 10:46:42 AM

Quote from: DrGuns4Hands on January 24, 2017, 10:21:28 AM

yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .

We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.

in fact one can earn many more that a house cost but actually still people may not be confident to accept bitcoins for the selling a house. actually the price of bitcoin is not stable and if a person sell bitcoin for a specific amount and then the price fell down i think he will face a big lost therefor people may not be ready to sell their hoses for bitcoins.

yes i also agree with you that it depend on the interest of the seller, if he know about bitcoin, and is already using it, then the possibility is there that he will accept bitcoin for selling a house, but if he do not know about bitcoin then it is difficult to convince a person to accept bitcoin for selling a house.

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Quote from: Oralmat on January 25, 2017, 09:52:27 AM

Quote from: pixie85 on January 25, 2017, 12:41:20 AM

It is a good investment if the house has a good location and is in a good shape. If you buy something you'll need to put a load of cash to maintain it's not worth it.

On the other hand old houses sometimes are beautiful and worth more because of rare architecture.

You can buy the house only if you have lots of bitcoins or cash. By the way it hard to find anyone selling house for bitcoins. Perhaps you will need to convert them to cash to buy a house. In my country the best investment is the property but it is expensive.

It isn't hard to find. This is only one of many similar auction sites, that offers real estate for Bitcoin.
http://bitcoin-realestate.com/

Property may seem like a good investment, but all can change due to a natural disaster or terrorist attack. Tsunami, flood, earthquake or a crazy muslim with c4 and bye bye dream house... No investment is safe these days.

cellard

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If it's a good house in a good location with high possibilities of giving you a passive income, then yes, it probably is a good idea, you can buy more BTC with the passive income, but nothing is really passive since taking care of the maintenance of the house makes it not passive anymore, so you would need to buy parking spots if you want real passive income.

Topic: If Bitcoin goes up very high should i buy a house? - page 28. (Read 133943 times)