If Bitcoin goes up very high should i buy a house? - page 61.

Barnabe

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Quote from: Jmild1 on June 27, 2016, 09:58:26 AM

Quote from: DavidoAlto on June 27, 2016, 09:51:34 AM

If the price is going to be that high that you can buy a house with it i would say why not but i dont think that there are allot of places
where you can buy houses that way with bitcoins i dont thtink allot of people will accept it.

Lol! Of course you're not going to the landlord giving your bitcoin, you're going to convert it to fiat first.

The true success of bitcoin would be that you don't even need to convert it to fiat and just pay the owner with bitcoins.
Maybe in a few years it will be common, but in the meanwhile you can use this:
http://bitcoin-realestate.com/
Cheesy

relq

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I think it's a good idea to buy and invest on a house than on bitcoin. Because, it's more safety and the price for property like a house is always increase every year.

Hatuferu

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Quote from: VERUMinNUMERIS on June 28, 2016, 12:47:21 AM

Quote from: mirakal on June 28, 2016, 12:02:58 AM

10BTC is pretty enough and I can buy a good house with that amount, I don't need to buy a huge house like mansion because I believe bigger house entails bigger expenses, you cannot treat it as investment unless you receive an income using you house.

How can you buy a house with 10 BTC.? Maybe if we moon over $10,000.

I still believe that you can buy a house with 10 BTC, that is possible in poor countries and for me with that amount you can buy a little house yet a very durable one that you can already secure your family.

VERUMinNUMERIS

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Quote from: mirakal on June 28, 2016, 12:02:58 AM

10BTC is pretty enough and I can buy a good house with that amount, I don't need to buy a huge house like mansion because I believe bigger house entails bigger expenses, you cannot treat it as investment unless you receive an income using you house.

How can you buy a house with 10 BTC.? Maybe if we moon over $10,000.

Schuyler

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Quote from: mirakal on June 28, 2016, 12:02:58 AM

Quote from: DoublerHunter on June 27, 2016, 10:06:56 AM

Quote from: tobito on June 27, 2016, 06:05:26 AM

have a home is everybody's dream, so when the bitcoin price is high, I would buy a house.

Yeah but you need at least 10 BTC i guess to buy an average house. So you need to work hard and put a lot of effort on doing some bitcoin job to earn that amount. I would recommend to you to don't just rely on one source of bitcoin or income try other ways to make your earning faster Roll Eyes

.

10BTC is pretty enough and I can buy a good house with that amount, I don't need to buy a huge house like mansion because I believe bigger house entails bigger expenses, you cannot treat it as investment unless you receive an income using you house.

10 BTC might not be enough, even for a small house. Keep in mind that you still need a lot / land in which you would build your house on. That would also depend on where your location is. Prime lots usually cost as much as twice than regular lots. And you would still need to furnish your house. And the list goes on and on.

VERUMinNUMERIS

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If you can buy a house in cash it's a smart idea. Most of one's net income goes towards a mortgage. Your life will be so much easier. Good luck!

mirakal

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Quote from: DoublerHunter on June 27, 2016, 10:06:56 AM

Quote from: tobito on June 27, 2016, 06:05:26 AM

have a home is everybody's dream, so when the bitcoin price is high, I would buy a house.

Yeah but you need at least 10 BTC i guess to buy an average house. So you need to work hard and put a lot of effort on doing some bitcoin job to earn that amount. I would recommend to you to don't just rely on one source of bitcoin or income try other ways to make your earning faster Roll Eyes

.

10BTC is pretty enough and I can buy a good house with that amount, I don't need to buy a huge house like mansion because I believe bigger house entails bigger expenses, you cannot treat it as investment unless you receive an income using you house.

DoublerHunter

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Quote from: tobito on June 27, 2016, 06:05:26 AM

have a home is everybody's dream, so when the bitcoin price is high, I would buy a house.

Yeah but you need at least 10 BTC i guess to buy an average house. So you need to work hard and put a lot of effort on doing some bitcoin job to earn that amount. I would recommend to you to don't just rely on one source of bitcoin or income try other ways to make your earning faster Roll Eyes

.

Jmild1

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Quote from: DavidoAlto on June 27, 2016, 09:51:34 AM

If the price is going to be that high that you can buy a house with it i would say why not but i dont think that there are allot of places
where you can buy houses that way with bitcoins i dont thtink allot of people will accept it.

Lol! Of course you're not going to the landlord giving your bitcoin, you're going to convert it to fiat first.

DavidoAlto

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If the price is going to be that high that you can buy a house with it i would say why not but i dont think that there are allot of places
where you can buy houses that way with bitcoins i dont thtink allot of people will accept it.

jossiel

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Quote from: goldcoinminer on June 27, 2016, 09:22:18 AM

Quote from: phreaky on June 27, 2016, 08:29:58 AM

Quote from: Iceborn on June 27, 2016, 04:28:03 AM

Lol if you have that lot of coins you should defently buy a house because the bitcoin will not hold on that point so you will only have allot of profit when you are buying a house right now but you need to make sure that you are intime not that the price has dropped yet.

You could buy a house if you want to that is your choice you should do want you want to do with your money.
I think that I am going to buy a nice car with the Bitcoin money that I am going to make in the future.

Your dreams could happen if you will work for that, remember a plan is without a life if you will not put it into action. If you want that to realize in the future then you need to start saving now.

Buying an house if bitcoin goes up is really needed and essential. And of course all of us wants their own house.
And what a feeling if you will buy your own house with the use of bitcoin.
That is a great feeling about it.

goldcoinminer

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Quote from: phreaky on June 27, 2016, 08:29:58 AM

Quote from: Iceborn on June 27, 2016, 04:28:03 AM

Lol if you have that lot of coins you should defently buy a house because the bitcoin will not hold on that point so you will only have allot of profit when you are buying a house right now but you need to make sure that you are intime not that the price has dropped yet.

You could buy a house if you want to that is your choice you should do want you want to do with your money.
I think that I am going to buy a nice car with the Bitcoin money that I am going to make in the future.

Your dreams could happen if you will work for that, remember a plan is without a life if you will not put it into action. If you want that to realize in the future then you need to start saving now.

crypto_anarchist

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Yes

phreaky

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Quote from: Iceborn on June 27, 2016, 04:28:03 AM

Lol if you have that lot of coins you should defently buy a house because the bitcoin will not hold on that point so you will only have allot of profit when you are buying a house right now but you need to make sure that you are intime not that the price has dropped yet.

You could buy a house if you want to that is your choice you should do want you want to do with your money.
I think that I am going to buy a nice car with the Bitcoin money that I am going to make in the future.

tobito

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have a home is everybody's dream, so when the bitcoin price is high, I would buy a house.

Dr.Osh

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Quote from: Iceborn on June 27, 2016, 04:28:03 AM

Lol if you have that lot of coins you should defently buy a house because the bitcoin will not hold on that point so you will only have allot of profit when you are buying a house right now but you need to make sure that you are intime not that the price has dropped yet.

I guess, pride can buy a house using bitcoin, even if I have bitcoin more so after buying a house, I would probably buy a place to be made in the business area, and I think to buy some of the needs of others as well, such as cars, motorcycles, or things like that, it will make you become better and better assessed in the public eye

Iceborn

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Lol if you have that lot of coins you should defently buy a house because the bitcoin will not hold on that point so you will only have allot of profit when you are buying a house right now but you need to make sure that you are intime not that the price has dropped yet.

freebitcoins4u

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Quote from: doublemore on October 29, 2015, 05:54:06 AM

Quote from: Denker on October 29, 2015, 05:45:04 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.

Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin! Wink

Yeah i know but maybe not on this next bull run. Lets say we hit $3k- $4k in the next few months which could happen i doubt everyone well accept bitcoins for houses. Some people will sure.

cash your btc and pay them with dollars. anyway i think you should buy a house with your btc. if i had huge amount, i would sure do it.

mirakal

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Quote from: pandalion98 on June 26, 2016, 10:55:20 PM

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.

Technically, anything real-estate is a bad investment in my opinion.

You have a large chunk of your property as an immovable thing that's just sitting there. If ever you need to sell the house, the price would have to be lower than what you bought it for. If ever there's a disaster, you can't simply walk away with your house.

If I were me, I'd just rent a reasonably-priced flat. All responsibility regarding it would be shouldered by the landlord (repair, taxes, papers, etc.) If there was a disaster, you don't worry about your place because that's the landlord's job. You would simply just pay a monthly fee. Lesser stress, lesser financial burden.
What do you want? A house with nothing in it or a modestly-sized flat that's filled with stuff that matters?

We have our own decision because some considered real state as assets and some as liability, but if you could transform your real estate to earn for you like rent it then that would be a good plan, of course disaster might come so need to insured the building to cover up losses when calamity hit your area.

pandalion98

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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.

Technically, anything real-estate is a bad investment in my opinion.

You have a large chunk of your property as an immovable thing that's just sitting there. If ever you need to sell the house, the price would have to be lower than what you bought it for. If ever there's a disaster, you can't simply walk away with your house.

If I were me, I'd just rent a reasonably-priced flat. All responsibility regarding it would be shouldered by the landlord (repair, taxes, papers, etc.) If there was a disaster, you don't worry about your place because that's the landlord's job. You would simply just pay a monthly fee. Lesser stress, lesser financial burden.
What do you want? A house with nothing in it or a modestly-sized flat that's filled with stuff that matters?

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