If Bitcoin goes up very high should i buy a house? - page 51.

mirakal

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Quote from: ronaldo40 on August 08, 2016, 07:10:31 AM

Quote from: elyas772 on August 07, 2016, 10:48:32 PM

Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

wow your friend is very hard worker, or maybe have a great luck in bitcoin life.
your friend is trader? or he is a miner? can you explain it how much his capital?

I thought it was not luck, but pure strategy and experience. because he was a trader. capital is big enough, because to get great results, it certainly requires large capital. but I think he started with a small capital, not directly buy many bitcoin to do all that.

No way we can buy a house in a short period of time, that would only be possible if you are rich already and you are making money with the price fluctuation of bitcoin but if you only have a little investment yet a decent amount you need to see a good price that would grow substantially in order for you to cash out your profit and buy a house.

ronaldo40

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Quote from: elyas772 on August 07, 2016, 10:48:32 PM

Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

wow your friend is very hard worker, or maybe have a great luck in bitcoin life.
your friend is trader? or he is a miner? can you explain it how much his capital?

I thought it was not luck, but pure strategy and experience. because he was a trader. capital is big enough, because to get great results, it certainly requires large capital. but I think he started with a small capital, not directly buy many bitcoin to do all that.

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Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

I also have one friend who bought house from bitcoin, but he start a business by working in bitcoin. He do trading and make some money and then invest that money in a business and wait for a long time to collect money and bought a house. And if you wanna buy house by working on bitcoin then you have also wait for a long time and work hard to earn money for house.

olubams

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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.

Didnt know if you were able to achieve the objective of getting it so high for you but I must agree that, that is the best decision I would encourage you to take and I would too if i am in a position to acquire such amount of Bitcoin to think of that though. Anyway, the price is yet to be high enough to achieve your objective, I wish you best of luck or change in plans... My 2 cents...

warwar

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Quote from: groll on August 08, 2016, 01:35:04 AM

Quote from: TGD on August 07, 2016, 05:30:01 PM

Quote from: crairezx20 on August 07, 2016, 01:27:28 PM

Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

Yeah many people are interested to buy house with bitcoin i have a friend before here that he selling house and lot for bitcoin he offer how much bitcoin they need to pay in few months someone are interested to buy and sold..
So i think they dont need to wait for the price to be high unless if you are a trader and looking for extra profit with your bitcoin..

Need other way to have more income in bitcoin than waiting for it to go high. It will take more years before the value of it will be up high. If you are true investors and need money you need to work for it to earn more not just waiting what if it will not happen?? You wait 3 years but the price is still not increase you just hold your coin even there more opportunity needed to grab to earn more. Don't wait grab it.

Yes you need other way to have more income to have more bitcoin. We could not tell when will the price of bitcoin goes up and what if it will not. And we do not know how much will it cost for you to be able to buy a house. You should not rely only on bitcoins if you want to buy a house. Find more ways to earn more bitcoins and invest it.

Yup you shouldnt depend on your bitcoin we can't say that the price of the bitcoin always goes up and we dont know if the bitcoin will keep falling but if you have enough money to buy a house then go! Buy it all of us wants a house then why you shouldnt buy that if you have a pretty big amoun of bitcoin.

But for me if IF the year now is before 2010 then i do have a lot of bitcoin then I should build a Data center to Mine a bitcoin

Because that was the time that you can mine easily bitcoin if you have a powerful gpu Cheesy

.

NorthPixel

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Quote from: windale on August 08, 2016, 01:38:47 AM

How much your hold bitcoin ?
your profit and earn can use buy house if bitcoin after high
maybe buy house is minimum you can ready earn and profit 100bitcoin,
is profit 100 bitcoin fantastic your capital money trade bitcoin

I think the bitcoin price could be $2000 by the end of next year. So if you hold 100 bitcoin, you can buy a small house.

windale

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How much your hold bitcoin ?
your profit and earn can use buy house if bitcoin after high
maybe buy house is minimum you can ready earn and profit 100bitcoin,
is profit 100 bitcoin fantastic your capital money trade bitcoin

groll

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Quote from: TGD on August 07, 2016, 05:30:01 PM

Quote from: crairezx20 on August 07, 2016, 01:27:28 PM

Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

Yeah many people are interested to buy house with bitcoin i have a friend before here that he selling house and lot for bitcoin he offer how much bitcoin they need to pay in few months someone are interested to buy and sold..
So i think they dont need to wait for the price to be high unless if you are a trader and looking for extra profit with your bitcoin..

Need other way to have more income in bitcoin than waiting for it to go high. It will take more years before the value of it will be up high. If you are true investors and need money you need to work for it to earn more not just waiting what if it will not happen?? You wait 3 years but the price is still not increase you just hold your coin even there more opportunity needed to grab to earn more. Don't wait grab it.

Yes you need other way to have more income to have more bitcoin. We could not tell when will the price of bitcoin goes up and what if it will not. And we do not know how much will it cost for you to be able to buy a house. You should not rely only on bitcoins if you want to buy a house. Find more ways to earn more bitcoins and invest it.

Doms

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Quote from: crairezx20 on August 07, 2016, 01:27:28 PM

Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

Yeah many people are interested to buy house with bitcoin i have a friend before here that he selling house and lot for bitcoin he offer how much bitcoin they need to pay in few months someone are interested to buy and sold..
So i think they dont need to wait for the price to be high unless if you are a trader and looking for extra profit with your bitcoin..

Am just wondering at what price was bitcoin at during the time of the sale? It would have been sad if the seller sold when the price was still at around $700 levels and the price suddenly went down to mid $600 and even as low at $500. That is already a big dip if you ask me.

elyas772

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Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

wow your friend is very hard worker, or maybe have a great luck in bitcoin life.
your friend is trader? or he is a miner? can you explain it how much his capital?

mirakal

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Quote from: TGD on August 07, 2016, 05:30:01 PM

Quote from: crairezx20 on August 07, 2016, 01:27:28 PM

Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

Yeah many people are interested to buy house with bitcoin i have a friend before here that he selling house and lot for bitcoin he offer how much bitcoin they need to pay in few months someone are interested to buy and sold..
So i think they dont need to wait for the price to be high unless if you are a trader and looking for extra profit with your bitcoin..

Need other way to have more income in bitcoin than waiting for it to go high. It will take more years before the value of it will be up high. If you are true investors and need money you need to work for it to earn more not just waiting what if it will not happen?? You wait 3 years but the price is still not increase you just hold your coin even there more opportunity needed to grab to earn more. Don't wait grab it.

As an investor, we have to divide our investment between the short term and the long term investment, that is how to manage it but the percentage should be base on the investors preference itself, the price has a big chance to rise in the future so the future investment will take care of that.

TGD

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Quote from: crairezx20 on August 07, 2016, 01:27:28 PM

Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

Yeah many people are interested to buy house with bitcoin i have a friend before here that he selling house and lot for bitcoin he offer how much bitcoin they need to pay in few months someone are interested to buy and sold..
So i think they dont need to wait for the price to be high unless if you are a trader and looking for extra profit with your bitcoin..

Need other way to have more income in bitcoin than waiting for it to go high. It will take more years before the value of it will be up high. If you are true investors and need money you need to work for it to earn more not just waiting what if it will not happen?? You wait 3 years but the price is still not increase you just hold your coin even there more opportunity needed to grab to earn more. Don't wait grab it.

crairezx20

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Quote from: ronaldo40 on August 07, 2016, 01:19:49 PM

I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

Yeah many people are interested to buy house with bitcoin i have a friend before here that he selling house and lot for bitcoin he offer how much bitcoin they need to pay in few months someone are interested to buy and sold..
So i think they dont need to wait for the price to be high unless if you are a trader and looking for extra profit with your bitcoin..

ronaldo40

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I have some friends who had bought the house from the bitcoin, and they do not have to wait for the price to rise so high, because it would require a very long time. but most importantly if you want to buy a home is how to get more bitcoin, but instead continue to wait for higher prices.

yenxz

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It would be good to save on rent so i guess i will buy a house when bitcoin hits moon. I really just dont want a mortgage if possible but i might just have an irrational mortgage phobia, to cash buy a house for most of networth could be bad, i dunno, never really understood mortgages and housing.

NorthPixel

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Quote from: pocarime32 on August 06, 2016, 09:47:39 AM

Yes, i think it's a good idea to buy/invest on a house when the price of bitcoin very high and you sell it all. Because the bitcoin's price is not stable and it's better to sell them all when the price is huge.

When the bitcoin price is $100,000 in a few years, many of the forum members will be able to buy a house.

pocarime32

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Yes, i think it's a good idea to buy/invest on a house when the price of bitcoin very high and you sell it all. Because the bitcoin's price is not stable and it's better to sell them all when the price is huge.

Derrlp

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Lets say I have $1,000,000.... I would buy a house that cost $100,000. Spend only 10%...

Mr.grin

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Quote from: NorthPixel on August 06, 2016, 08:56:08 AM

Quote from: greatr on August 04, 2016, 04:50:37 PM

Quote from: SidaroffVany on August 04, 2016, 01:04:03 PM

Quote from: Oj0 on August 04, 2016, 12:40:34 AM

Yes you will but i think you do not need to wait that bitcoin getting high if you have a bitcoin now why are you waiting buy now and you left bitcoin to invest atleast you have a house and you have a bitcoin left to wait the price get high. But if you need a big money on that just wait the bitcoin to double your invest for your house.

Now the course is not very calm and so in order to be sure that their plans are feasible, the bitcoin to invest better, and not wait for doubling or even larger fall.

i think investing into bitcoins right now it a good decision, of course there is no need to wait for anything because in this way you can make some good money in the future

The bitcoin price of $560 is very cheap. That is because of the Bitfinex hack. I think the price will rise very soon.

if the bitcoin prices really go up, I think buying a home is only a beginning, maybe buy a store, or build a business is another interesting hla, or build an online store that accepts bitcoin as a payment alatc, I think it would be cool. but you're right, the current prices declined for several reasons, but I still have a strong feeling that the price of bitcoin will rise again

NorthPixel

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Quote from: greatr on August 04, 2016, 04:50:37 PM

Quote from: SidaroffVany on August 04, 2016, 01:04:03 PM

Quote from: Oj0 on August 04, 2016, 12:40:34 AM

Yes you will but i think you do not need to wait that bitcoin getting high if you have a bitcoin now why are you waiting buy now and you left bitcoin to invest atleast you have a house and you have a bitcoin left to wait the price get high. But if you need a big money on that just wait the bitcoin to double your invest for your house.

Now the course is not very calm and so in order to be sure that their plans are feasible, the bitcoin to invest better, and not wait for doubling or even larger fall.

i think investing into bitcoins right now it a good decision, of course there is no need to wait for anything because in this way you can make some good money in the future

The bitcoin price of $560 is very cheap. That is because of the Bitfinex hack. I think the price will rise very soon.

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