If Bitcoin goes up very high should i buy a house? - page 32.

Gloiri

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Quote from: Jaxelrell on January 09, 2017, 12:53:28 PM

Quote from: Ereacia on January 09, 2017, 12:44:53 PM

Quote from: Dammitt on January 09, 2017, 12:12:45 PM

If the prices of the houses have increased at this moment, you will think that you need to adjust according to the location. As bitcoin increases it is possible that this depends on how much bitcoin you have in your hand.

When you think about buying a home, you need to evaluate it when the price of bitcoin increases. At this moment your chances are good that you can still have a good home on the way, but you need to research well.

If you have a lot of bitcoins its possible and it would be nice, it has been done already multiple times buts its not happening a lot because its stays a investment and due to that people do not trust it.

If you have a lot of bitcoins you can do this and it also would be good because investing in houses is a very good investment for later!!

If we talk about the question if it will be worth it, I fully agree with you because on that way it is worth to invest in a house for sure, on the other hand I would not do this because the bitcoin can even rise more and more so holding can also be a good option.

Jaxelrell

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Quote from: Ereacia on January 09, 2017, 12:44:53 PM

Quote from: Dammitt on January 09, 2017, 12:12:45 PM

If the prices of the houses have increased at this moment, you will think that you need to adjust according to the location. As bitcoin increases it is possible that this depends on how much bitcoin you have in your hand.

When you think about buying a home, you need to evaluate it when the price of bitcoin increases. At this moment your chances are good that you can still have a good home on the way, but you need to research well.

If you have a lot of bitcoins its possible and it would be nice, it has been done already multiple times buts its not happening a lot because its stays a investment and due to that people do not trust it.

If you have a lot of bitcoins you can do this and it also would be good because investing in houses is a very good investment for later!!

Ereacia

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Quote from: Dammitt on January 09, 2017, 12:12:45 PM

If the prices of the houses have increased at this moment, you will think that you need to adjust according to the location. As bitcoin increases it is possible that this depends on how much bitcoin you have in your hand.

When you think about buying a home, you need to evaluate it when the price of bitcoin increases. At this moment your chances are good that you can still have a good home on the way, but you need to research well.

If you have a lot of bitcoins its possible and it would be nice, it has been done already multiple times buts its not happening a lot because its stays a investment and due to that people do not trust it.

Dammitt

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If the prices of the houses have increased at this moment, you will think that you need to adjust according to the location. As bitcoin increases it is possible that this depends on how much bitcoin you have in your hand.

When you think about buying a home, you need to evaluate it when the price of bitcoin increases. At this moment your chances are good that you can still have a good home on the way, but you need to research well.

Mastsetad

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Quote from: coinfast on January 09, 2017, 04:35:15 AM

Houses could also rise in value, and you can resell it for a profit as well. I think it was a pretty good idea, but the problem is whether the person who sold his house to be aware and know about Bitcoins?

It doesn't really matter if the person selling the house knows about bitcoin or not, but the person selling it should have enough bitcoin so that he can sell them and pay the seller with cash, the thing needed for that is a really big price or the buyer should be holding quite many bitcoins in order to do that.

millgates

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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.

Just buy it, because house is an investment based on property. The price of the house is increase everytime such us bitcoin, but you have to choose the house that in strategic place. If you have so many bitcoin you can buy anything.

coinfast

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Houses could also rise in value, and you can resell it for a profit as well. I think it was a pretty good idea, but the problem is whether the person who sold his house to be aware and know about Bitcoins?

madwica

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That is good to buy a house but it always depend on your investment it vary the income in your invesment but the idea is really great. And it can help to achieved your goal just work hard in bitcoin not focus only in your investment.

goldcoinminer

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Quote from: Fireblade on November 20, 2016, 01:56:54 AM

Quote from: ethereumhunter on November 19, 2016, 10:25:02 PM

Quote from: kryptqnick on November 19, 2016, 04:23:23 AM

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.

I think that if you want to have a house then you should buy it, because otherwise you can just earn money and keep it for some occasion that never comes and just die not using it and limiting yourself for all your life. Or Bitcoin can suddenly explode and you will end up with no money and no house.

agree with this and i hope that you don't miss the chance for buying a house because we don't know until when we can still make profit from bitcoin and as long we have much of money, then its wisely for buy much of investment and then we can reach the dreams that many people want which is passive income for the rest of our life.

all kind of investment are risky and no one know about the trading result, either one can make money or will lose their own. to buy a house do not depend only on the price of bitcoin, it also depend on the place value that where you want to buy a house for example if you are going to buy a house in capital then its value will be more that buying house in some other area, the second is that the price is also depending on the are of the house, house having large area will high price as compare to the house will small area.

The thing is you will buy a house due to the fact that you were able to make profit from your investment with bitcoin. I believe it is not impossible if you put your money where you mouth it, not just saying your believe in bitcoin and you can confident the price will increase but what matters is the action.

Fireblade

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Quote from: ethereumhunter on November 19, 2016, 10:25:02 PM

Quote from: kryptqnick on November 19, 2016, 04:23:23 AM

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.

I think that if you want to have a house then you should buy it, because otherwise you can just earn money and keep it for some occasion that never comes and just die not using it and limiting yourself for all your life. Or Bitcoin can suddenly explode and you will end up with no money and no house.

agree with this and i hope that you don't miss the chance for buying a house because we don't know until when we can still make profit from bitcoin and as long we have much of money, then its wisely for buy much of investment and then we can reach the dreams that many people want which is passive income for the rest of our life.

all kind of investment are risky and no one know about the trading result, either one can make money or will lose their own. to buy a house do not depend only on the price of bitcoin, it also depend on the place value that where you want to buy a house for example if you are going to buy a house in capital then its value will be more that buying house in some other area, the second is that the price is also depending on the are of the house, house having large area will high price as compare to the house will small area.

Dudeperfect

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Quote from: olushakes on November 17, 2016, 01:46:14 AM

That would be a good decision and I would also do same if i have the right amount of Bitcoin to make that happen. I belief its possible but one just need the right amount of determination to make that happen because of the fear that when I sell now, what if the price increases tomorrow? Maybe I should wait a little bit before selling? all this questions will definitely want to stand in the way of that dream and needs to be answered quickly.

Most of those who were serious early adapters already have sufficient amount of bitcoins to buy a house. I believe that we are still in the early phase and bitcoin has much more potential so those who are taking bitcoin seriously will have good position in probably next 5 years. Dreams do come true, we just have to give that extra push which is required for that situation.

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Quote from: kryptqnick on November 19, 2016, 04:23:23 AM

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.

I think that if you want to have a house then you should buy it, because otherwise you can just earn money and keep it for some occasion that never comes and just die not using it and limiting yourself for all your life. Or Bitcoin can suddenly explode and you will end up with no money and no house.

agree with this and i hope that you don't miss the chance for buying a house because we don't know until when we can still make profit from bitcoin and as long we have much of money, then its wisely for buy much of investment and then we can reach the dreams that many people want which is passive income for the rest of our life.

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Quote from: saiha on November 19, 2016, 06:05:53 AM

Quote from: kryptqnick on November 19, 2016, 04:23:23 AM

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.

I think that if you want to have a house then you should buy it, because otherwise you can just earn money and keep it for some occasion that never comes and just die not using it and limiting yourself for all your life. Or Bitcoin can suddenly explode and you will end up with no money and no house.

Yes that's the possibility if you will not secure your money, bitcoins and profits for getting your own home.

Then you will miss a chance of getting it or else you will regret that you haven't bought any property investment as you hold the amount.

Because this is the best investment that you can ever made.

I will only buy if there's a possibility that I can earn money from buying a house such like using it for renting.

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Quote from: kryptqnick on November 19, 2016, 04:23:23 AM

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.

I think that if you want to have a house then you should buy it, because otherwise you can just earn money and keep it for some occasion that never comes and just die not using it and limiting yourself for all your life. Or Bitcoin can suddenly explode and you will end up with no money and no house.

Yes that's the possibility if you will not secure your money, bitcoins and profits for getting your own home.

Then you will miss a chance of getting it or else you will regret that you haven't bought any property investment as you hold the amount.

Because this is the best investment that you can ever made.

kryptqnick

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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.

I think that if you want to have a house then you should buy it, because otherwise you can just earn money and keep it for some occasion that never comes and just die not using it and limiting yourself for all your life. Or Bitcoin can suddenly explode and you will end up with no money and no house.

Senor.Bla

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Quote from: goldcoinminer on November 19, 2016, 03:07:43 AM

Quote from: Senor.Bla on November 18, 2016, 11:06:19 AM

Quote from: jonpande on November 17, 2016, 11:46:23 AM

I think it was a pretty good idea, houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins and will accept Bitcoins as payment method?

i think he was talking about exchanging bitcoin for fiat and then buying a house. although there are people selling houses for bitcoin it is not really common and i do not see the need to do so. oh and btw a house can also go down in value, so you need to be aware what you are buying.

Yeah, because that's the only possible way where you can buy a house using your bitcoin. I have not seen any business yet that accept bitcoin as payment for selling a house and lot, it's impossible to do it considering the legal matters that needs to be attach in the transaction.

i just googled "buy house bitcoin" and yes, there are possibilities to buy housing in bitcoin. see for yourself. i still do not see the advantages of that, but it is possible. the whole legal stuff is manageable, but why do the extra work if you have no advantages?

goldcoinminer

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Quote from: Senor.Bla on November 18, 2016, 11:06:19 AM

Quote from: jonpande on November 17, 2016, 11:46:23 AM

I think it was a pretty good idea, houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins and will accept Bitcoins as payment method?

i think he was talking about exchanging bitcoin for fiat and then buying a house. although there are people selling houses for bitcoin it is not really common and i do not see the need to do so. oh and btw a house can also go down in value, so you need to be aware what you are buying.

Yeah, because that's the only possible way where you can buy a house using your bitcoin. I have not seen any business yet that accept bitcoin as payment for selling a house and lot, it's impossible to do it considering the legal matters that needs to be attach in the transaction.

Senor.Bla

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Quote from: jonpande on November 17, 2016, 11:46:23 AM

I think it was a pretty good idea, houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins and will accept Bitcoins as payment method?

i think he was talking about exchanging bitcoin for fiat and then buying a house. although there are people selling houses for bitcoin it is not really common and i do not see the need to do so. oh and btw a house can also go down in value, so you need to be aware what you are buying.

jonpande

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I think it was a pretty good idea, houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins and will accept Bitcoins as payment method?

mastica

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If bitcoin goes up very up i would put a big part of those money into banks at my savings with the other part i would buy maybe a car or a land to build my own house, and who knows i may rent it since i do have already an house.

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