If Bitcoin goes up very high should i buy a house? - page 53.

boyptc

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Quote from: deadsilent on August 01, 2016, 01:51:31 AM

Quote from: doublemore on October 29, 2015, 05:04:54 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.

Yeah, you should buy a house rather than renting apartment. If your bitcoins are enough to buy a house then do it. If bitcoin rises its value to $1000 a piece. If you have 10 btc, thats enough to buy a house. Not that luxurious but you can call it your house

That is going to be a dream come true if you are going to buy your own house with the use of bitcoin. And that is the most precious investment that you can have with bitcoin. And even with that 10 bitcoin here in my country that is going to be a good amount for having your own house. It is just going to depend on the materials you are going to use.

deadsilent

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Quote from: doublemore on October 29, 2015, 05:04:54 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.

Yeah, you should buy a house rather than renting apartment. If your bitcoins are enough to buy a house then do it. If bitcoin rises its value to $1000 a piece. If you have 10 btc, thats enough to buy a house. Not that luxurious but you can call it your house

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Quote from: dunfida on August 01, 2016, 12:17:20 AM

Quote from: Ziskinberg on July 31, 2016, 10:36:24 PM

Quote from: Bitcoin Market on July 30, 2016, 04:11:49 AM

If the bitcoin rises to 100 times the current price, I will start to use more of my bitcoins to purchase things.

100 times is too much of a prediction and you will wait forever before you can see that price, if for example the price will just increase at least 100% with the current price then you have to wait for 100 years before you can get the reward of your investment and by that time you are already a dead man.

You wont probably to see that price you are expecting, yes you are right 100x of current price takes time to achieve that price. And that time you would be dead already as he said. Grin

If youre holding many bitcoin then it rises 3x of the current price its still a good amount that you can buy such properties and assets i guess.

Our speculation should be realistic in order for us to succeed in the future, I believe we can still achieve a good price despite the price is falling back now, for me that is just a normal fluctuation and if really we are increasing in volume it won't take long to see the price back to its stable price.

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Quote from: Ziskinberg on July 31, 2016, 10:36:24 PM

Quote from: Bitcoin Market on July 30, 2016, 04:11:49 AM

If the bitcoin rises to 100 times the current price, I will start to use more of my bitcoins to purchase things.

100 times is too much of a prediction and you will wait forever before you can see that price, if for example the price will just increase at least 100% with the current price then you have to wait for 100 years before you can get the reward of your investment and by that time you are already a dead man.

You wont probably to see that price you are expecting, yes you are right 100x of current price takes time to achieve that price. And that time you would be dead already as he said. Grin

If youre holding many bitcoin then it rises 3x of the current price its still a good amount that you can buy such properties and assets i guess.

Ziskinberg

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Quote from: Bitcoin Market on July 30, 2016, 04:11:49 AM

If the bitcoin rises to 100 times the current price, I will start to use more of my bitcoins to purchase things.

100 times is too much of a prediction and you will wait forever before you can see that price, if for example the price will just increase at least 100% with the current price then you have to wait for 100 years before you can get the reward of your investment and by that time you are already a dead man.

Bitcoin Market

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If the bitcoin rises to 100 times the current price, I will start to use more of my bitcoins to purchase things.

goldcoinminer

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Quote from: pearl11 on July 28, 2016, 10:45:22 AM

well it is your money i guess other people shouldnt tell you what to do with it and of course it also depends on how much it would go up.
Do what you want with your money,its up to you whether you use it in good or bad ways.

But even if that is your money but you also need to be careful in buying a house as that would not be good in some cases, if you already have a house now and you just buy a new house because your investment in bitcoin has profited, you need to consider that the house you bought would give benefits on you, like you will rent it to receive income.

dmarine

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If you need it atm it's a good investment, it depends on the individual situation and plans.

pearl11

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well it is your money i guess other people shouldnt tell you what to do with it and of course it also depends on how much it would go up.
Do what you want with your money,its up to you whether you use it in good or bad ways.

NorthPixel

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In a few years, when the bitcoin price becomes $10,000. I will use the bitcoin to buy a house and have good life.

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Quote from: groll on July 28, 2016, 04:43:00 AM

Quote from: MFahad on July 28, 2016, 03:14:41 AM

Quote from: Supercrypt on July 24, 2016, 04:32:21 AM

Quote from: Cast12 on July 23, 2016, 07:48:54 PM

If you want to, then you should buy a house. I'm certainly not going to tell you what to do with your money. Roll Eyes

Well, op was asking if it's a good idea to buy a house with his bitcoins when the value goes up very high.
We're not really going to tell him what to do, but I'd give him my opinion at least.

It really wouldn't be bad to buy a house with your bitcoins. In fact, I think it would be a great idea since you are to use your earnings to something that's going to be of any worth, and it's part of a basic necessity.

But i think that he need a house more than other things, so he is asking us. But main thing is that if you have a lot of bitcoins in this time than in future bitcoin would be high price so sure you will buy a new house. Otherwise you can't buy a house than do any other investment. Because we can use bitcoin in a various ways.

Yes it is a risk that you should take and that is to wait for the bitcoin to increase before the author buy a house. And I agree with you that the author should buy a house in the future if he can afford to. He must not live in the slavery of rent and paying monthly bills. To set himself free from from this unwanted condition and live comfortably he should buy a house of course.

House is the necessity because that would shelter our family, even if the price of bitcoin will not rise we should consider buying a house as soon as we have the budget. If you could save your earnings that would be better so you can but a house, do not rely your needs in the future of your investment.

groll

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Quote from: MFahad on July 28, 2016, 03:14:41 AM

Quote from: Supercrypt on July 24, 2016, 04:32:21 AM

Quote from: Cast12 on July 23, 2016, 07:48:54 PM

If you want to, then you should buy a house. I'm certainly not going to tell you what to do with your money. Roll Eyes

Well, op was asking if it's a good idea to buy a house with his bitcoins when the value goes up very high.
We're not really going to tell him what to do, but I'd give him my opinion at least.

It really wouldn't be bad to buy a house with your bitcoins. In fact, I think it would be a great idea since you are to use your earnings to something that's going to be of any worth, and it's part of a basic necessity.

But i think that he need a house more than other things, so he is asking us. But main thing is that if you have a lot of bitcoins in this time than in future bitcoin would be high price so sure you will buy a new house. Otherwise you can't buy a house than do any other investment. Because we can use bitcoin in a various ways.

Yes it is a risk that you should take and that is to wait for the bitcoin to increase before the author buy a house. And I agree with you that the author should buy a house in the future if he can afford to. He must not live in the slavery of rent and paying monthly bills. To set himself free from from this unwanted condition and live comfortably he should buy a house of course.

thend1949

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If you have 20 bitcoin and now suddenly it rise . Sure you can build a house here since the 20 bitcoin us 600k php .That is a big money enough to build your home. So much better you do now is to earn bitcoin to have a good profit and you can get a millioner if you have a lot of bitcoin. And you can build or buy a house for your family.

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Quote from: Supercrypt on July 24, 2016, 04:32:21 AM

Quote from: Cast12 on July 23, 2016, 07:48:54 PM

If you want to, then you should buy a house. I'm certainly not going to tell you what to do with your money. Roll Eyes

Well, op was asking if it's a good idea to buy a house with his bitcoins when the value goes up very high.
We're not really going to tell him what to do, but I'd give him my opinion at least.

It really wouldn't be bad to buy a house with your bitcoins. In fact, I think it would be a great idea since you are to use your earnings to something that's going to be of any worth, and it's part of a basic necessity.

But i think that he need a house more than other things, so he is asking us. But main thing is that if you have a lot of bitcoins in this time than in future bitcoin would be high price so sure you will buy a new house. Otherwise you can't buy a house than do any other investment. Because we can use bitcoin in a various ways.

boyptc

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Quote from: milewilda on July 28, 2016, 12:29:47 AM

Quote from: boyptc on July 25, 2016, 02:27:28 AM

Quote from: 23dzmaz on July 25, 2016, 01:59:54 AM

Quote from: boyptc on July 25, 2016, 01:57:02 AM

Quote from: Maesters1- on July 24, 2016, 11:27:16 AM

yes for sure but mostly depending on your investment that how much you have invested. if you have invested a good amount they it is possible to buy or construct anew house for yourself.

House is really the best investment that you can buy with your bitcoins and it is going to be a good help at all. And you are going to earn from it if you want to sell out your house already. And since then even not with bitcoin you are going to buy using bitcoins. It is really a good thing if you are going to buy with bitcoins.

Yeah, buying a house is really good for long term investment, but it needs so many bitcoins to buy a single house. So, for now i collecting and save my bitcoins until i can buy a house.

It is better if you are going to buy a lot of houses and you are going to invest with real property because there are people who wants to have buy houses too. So, make it as a business if you are holding a lot of bitcoins and it is going to be your capital in this kind of industry.
For sure you are going to make good profit.

Building real property is no joke as if its easy to say. It require huge amount even those millionaires out there they are making a corporation to build a real property unless youre a 10000 Bitcoin holder then suddenly the price would reach $5k atleast then maybe you can build real property i guess.

I know it is not a joke if you are going to build your own house, but if you have enough bitcoins for holding it for sure it is going to be able to enough to build your own house. well 10,000 bitcoin is really to much for building your own mansion. But if you want a simple house I guess, 20 bitcoin is going to be enough for having your own.

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Quote from: boyptc on July 25, 2016, 02:27:28 AM

Quote from: 23dzmaz on July 25, 2016, 01:59:54 AM

Quote from: boyptc on July 25, 2016, 01:57:02 AM

Quote from: Maesters1- on July 24, 2016, 11:27:16 AM

yes for sure but mostly depending on your investment that how much you have invested. if you have invested a good amount they it is possible to buy or construct anew house for yourself.

House is really the best investment that you can buy with your bitcoins and it is going to be a good help at all. And you are going to earn from it if you want to sell out your house already. And since then even not with bitcoin you are going to buy using bitcoins. It is really a good thing if you are going to buy with bitcoins.

Yeah, buying a house is really good for long term investment, but it needs so many bitcoins to buy a single house. So, for now i collecting and save my bitcoins until i can buy a house.

It is better if you are going to buy a lot of houses and you are going to invest with real property because there are people who wants to have buy houses too. So, make it as a business if you are holding a lot of bitcoins and it is going to be your capital in this kind of industry.
For sure you are going to make good profit.

Building real property is no joke as if its easy to say. It require huge amount even those millionaires out there they are making a corporation to build a real property unless youre a 10000 Bitcoin holder then suddenly the price would reach $5k atleast then maybe you can build real property i guess.

boyptc

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Quote from: TGD on July 27, 2016, 08:59:42 PM

Quote from: Maesters1- on July 27, 2016, 12:59:54 PM

Quote from: Supercrypt on July 24, 2016, 04:32:21 AM

Quote from: Cast12 on July 23, 2016, 07:48:54 PM

If you want to, then you should buy a house. I'm certainly not going to tell you what to do with your money. Roll Eyes

Well, op was asking if it's a good idea to buy a house with his bitcoins when the value goes up very high.
We're not really going to tell him what to do, but I'd give him my opinion at least.

It really wouldn't be bad to buy a house with your bitcoins. In fact, I think it would be a great idea since you are to use your earnings to something that's going to be of any worth, and it's part of a basic necessity.

i think totally depending on his investment that how much he has invested. and the second think is that it also depend on the vale of the area where he want to buy a house. so if one has invested a good amount of money and the price of bitcoin raised to such a high level. then defiantly it is possible to buy a house.

Yes if you are one of the early adaptor you are now one of the millionaire here. You can buy house and create your own business at the same time, in my opinion it depends on you and what do you think good for you if you want to buy house with your money then do.

For sure those bitcoin millionaires have their own big houses now and they are just enjoying their profit for holding a lot of bitcoins as early bitcoin holder. I hope in the future that I am going to be like that too. I just need to keep on collecting bitcoins and going to wait for more price increase.
And its my dream to buy my own house.

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Quote from: Maesters1- on July 27, 2016, 12:59:54 PM

Quote from: Supercrypt on July 24, 2016, 04:32:21 AM

Quote from: Cast12 on July 23, 2016, 07:48:54 PM

If you want to, then you should buy a house. I'm certainly not going to tell you what to do with your money. Roll Eyes

Well, op was asking if it's a good idea to buy a house with his bitcoins when the value goes up very high.
We're not really going to tell him what to do, but I'd give him my opinion at least.

It really wouldn't be bad to buy a house with your bitcoins. In fact, I think it would be a great idea since you are to use your earnings to something that's going to be of any worth, and it's part of a basic necessity.

i think totally depending on his investment that how much he has invested. and the second think is that it also depend on the vale of the area where he want to buy a house. so if one has invested a good amount of money and the price of bitcoin raised to such a high level. then defiantly it is possible to buy a house.

Yes if you are one of the early adaptor you are now one of the millionaire here. You can buy house and create your own business at the same time, in my opinion it depends on you and what do you think good for you if you want to buy house with your money then do.

Maesters1-

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Quote from: Supercrypt on July 24, 2016, 04:32:21 AM

Quote from: Cast12 on July 23, 2016, 07:48:54 PM

If you want to, then you should buy a house. I'm certainly not going to tell you what to do with your money. Roll Eyes

Well, op was asking if it's a good idea to buy a house with his bitcoins when the value goes up very high.
We're not really going to tell him what to do, but I'd give him my opinion at least.

It really wouldn't be bad to buy a house with your bitcoins. In fact, I think it would be a great idea since you are to use your earnings to something that's going to be of any worth, and it's part of a basic necessity.

i think totally depending on his investment that how much he has invested. and the second think is that it also depend on the vale of the area where he want to buy a house. so if one has invested a good amount of money and the price of bitcoin raised to such a high level. then defiantly it is possible to buy a house.

goldcoinminer

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Quote from: boyptc on July 25, 2016, 02:27:28 AM

Quote from: 23dzmaz on July 25, 2016, 01:59:54 AM

Quote from: boyptc on July 25, 2016, 01:57:02 AM

Quote from: Maesters1- on July 24, 2016, 11:27:16 AM

yes for sure but mostly depending on your investment that how much you have invested. if you have invested a good amount they it is possible to buy or construct anew house for yourself.

House is really the best investment that you can buy with your bitcoins and it is going to be a good help at all. And you are going to earn from it if you want to sell out your house already. And since then even not with bitcoin you are going to buy using bitcoins. It is really a good thing if you are going to buy with bitcoins.

Yeah, buying a house is really good for long term investment, but it needs so many bitcoins to buy a single house. So, for now i collecting and save my bitcoins until i can buy a house.

It is better if you are going to buy a lot of houses and you are going to invest with real property because there are people who wants to have buy houses too. So, make it as a business if you are holding a lot of bitcoins and it is going to be your capital in this kind of industry.
For sure you are going to make good profit.

Buying a lot of houses would not really help you at all if you don't have a proper planning, and I believe that is too expensive. To make money from the house you are planning to buy you should consider the location and the status of the population within the are so you could transform it into business.

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