If Bitcoin goes up very high should i buy a house? - page 65.

jossiel

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Quote from: Edwardard on June 12, 2016, 02:28:18 AM

you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.

Yes we know we are no able to buy an house with just 1 bitcoin. Even the bitcoin goes up or down. It is one of the things that we are dreaming of.
To buy our own house. And it is the first on my first, to buy my own house. And I know it will happen soon, if I'm going to work hard, and also with the help of bitcoin.

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Quote from: hermanhs09 on June 12, 2016, 04:32:20 AM

Quote from: Edwardard on June 12, 2016, 02:28:18 AM

you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.

I doubt he's talking about after the halving. He is talking about "When bitcoin goes very high" which probably isn't after halving.

I'd say no to a house because I think holding bitcoins is probably the best thing to do whatever the market circumstances are. Unless the bitcoin price is a bubble, then I think it's fair to say bitcoin will retain its value in the long term.

You only buy a house if you are holding an extra amount of bitcoins, if that will fit on your budget then go. But for me, holding bitcoins is the best option for now as the price is substantially increasing. This is the best opportunity that we should not miss and instead we should take advantage on it.

hermanhs09

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Quote from: Edwardard on June 12, 2016, 02:28:18 AM

you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.

I doubt he's talking about after the halving. He is talking about "When bitcoin goes very high" which probably isn't after halving.

I'd say no to a house because I think holding bitcoins is probably the best thing to do whatever the market circumstances are. Unless the bitcoin price is a bubble, then I think it's fair to say bitcoin will retain its value in the long term.

xIIImaL

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Quote from: Edwardard on June 12, 2016, 02:28:18 AM

you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.

Why not! If I had enough bitcoins to buy me a house or my own apartment I would buy it today. Life is too short and if you have the money don't want. Investing in real estate market is also a good option. It is possible that bitcoin price in the future would be a lot better, but if you want to wait 10 years for that to happen

Edwardard

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you cant buy a good house with 1 bitcoin even after this halving. i m thinking of buying a new iphone after halving and i think you should also think of something like me. house is just too much.

Vikingr

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If you are talking about buying a house with one bitcoin then it is much harder and I think it will take dozens of years for bitcoin to reach that value, but if you have a number of bitcoins and you are waiting for the price rise which is expected in this halving then yes it will be possible.

avw1982

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Quote from: uname on June 12, 2016, 01:01:26 AM

Quote from: Pbitcoin on June 11, 2016, 10:13:32 PM

Yeah buying a house can be a good idea off course Cheesy

and rest with rest of your money you can invest in some company for shares Cheesy

good luck !

I think it's better to buy a house or real estate that has prices continue to rise. I believe the risk of the investment is very low here.
apart that if you invest in stocks

We can buy a house with bitcoin now, if you have a lot of bitcoin It will certainly need a lot more bitcoin to buy a house now, might require 100 BTC now to buy a home, unlike when you buy it in the future, may only require 5-20 BTC alone only but fiat won't move fast that much.

Cyaren

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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.

Well, houses are basically a piece of paper. You don't own the house itself, you own the proof of ownership of the house. Anyone can enter your house by picking your lock... And it's damn easy.

That's my logic. I think a much better option would be to invest in something else that you believe in.

23dzmaz

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I think, it's better to wait and holding all your bitcoins first for now. Because the price of bitcoin is increase again right now and it will be increase again until the halving.

MWesterweele

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Yes ofcourse you can buy a house using bitcoin when its price got up but that will be onl possible if you're holding huge amount of btc.Bitcoin prrtty sure hit $3k-$4k mark soon on future so hold it untill that time and buy your house

uname

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Quote from: Pbitcoin on June 11, 2016, 10:13:32 PM

Yeah buying a house can be a good idea off course Cheesy

and rest with rest of your money you can invest in some company for shares Cheesy

good luck !

I think it's better to buy a house or real estate that has prices continue to rise. I believe the risk of the investment is very low here.
apart that if you invest in stocks

MingLee

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Quote from: Hatuferu on June 12, 2016, 12:13:51 AM

Quote from: bit1 on June 11, 2016, 10:55:27 PM

Finally a house is only one thing more that you can buy if that happen.

Man I think we can really realize buying a house because as of today bitcoins price is going crazy up. I don't know that is happening that push the price to really go this up. Is it the halving or the real demand of the people?

I'll give the most likely explanation; speculation about the halving.

Since a lot of the miners don't really publicize their numbers and thus we can't tell how much one Bitcoin has to eb valued in order for them to maintain their operation, it's a giant guessing game right now where all the investors are hoping that miners were taking on slight debt to maintain their operations while waiting for the halving, and selling their Bitcoins at a large value now, and then paying their debts and walking off with a lot of money.

We have to find out what the absolute smallest amount of money miners can afford to sell their Bitcoin for, and that's where the value of Bitcoin (should) go after the halving, which would be roughly double whatever they sell for now.

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Quote from: bit1 on June 11, 2016, 10:55:27 PM

Finally a house is only one thing more that you can buy if that happen.

Man I think we can really realize buying a house because as of today bitcoins price is going crazy up. I don't know that is happening that push the price to really go this up. Is it the halving or the real demand of the people?

bit1

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Finally a house is only one thing more that you can buy if that happen.

Pbitcoin

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Yeah buying a house can be a good idea off course Cheesy

and rest with rest of your money you can invest in some company for shares Cheesy

good luck !

DeDordtenaar

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Quote from: boyptc on June 08, 2016, 11:28:15 PM

Quote from: Nouelle-Hunter on June 08, 2016, 05:12:02 AM

Well man in your case you should buy a house to lessen your expenses and save up more money. Grin

I guess buying a house will really help to lessen your monthly expenses if you are just renting a dorm or an apartment for sure you will save a big amount of money from it.
And it is a good feeling when you bought your own house by using bitcoin to it.

yeah see house prices continue to rise each year would be good also for your investment. if you could buy a house now. this time I also have plans to buy a house in a housing. and I bought it with the help of bitcoin. yeah you knwo bitcoin prices rose sharply and it made a big advantage for me

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Quote from: jossiel on June 11, 2016, 05:52:35 AM

Quote from: newcoins1978 on June 09, 2016, 04:11:19 AM

I is a good idea to buy a house with your Bitcoin money because if you work besides that you can save allot more money if you do not have to pay for your house anymore.

Well that would be the one of your successful day if you every buy your house using bitcoin. And people who are your neighbors will not going to believe that if it happens.

I hope someday we can achieve that dream, as of now my earnings from bitcoins will just let me buy some gadgets and appliances and buying a house would be a major improvement in my part. I am still patiently saving my bitcoins for the future as I want to grow with bitcoins in the future.

jossiel

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Quote from: newcoins1978 on June 09, 2016, 04:11:19 AM

I is a good idea to buy a house with your Bitcoin money because if you work besides that you can save allot more money if you do not have to pay for your house anymore.

Well that would be the one of your successful day if you every buy your house using bitcoin. And people who are your neighbors will not going to believe that if it happens.

avikz

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Why not! I mean, bitcoin is not a tangible asset, it is all virtual. So it is always a good idea to invest bitcoin money to something real life appreciating asset.

real estate has always been a good investment for decades and if you are able to buy a house using your bitcoin, please go ahead and make the most of it.

A house is a big investment and also an appreciating investment. You can sell your house anytime with a good return. Go ahead!

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Quote from: Positid on June 11, 2016, 04:56:15 AM

Quote from: MFahad on June 10, 2016, 11:19:42 PM

Quote from: hawkins on June 09, 2016, 10:54:21 AM

Quote from: Hatuferu on June 09, 2016, 10:15:50 AM

Quote from: sobsitesearch on June 09, 2016, 09:45:53 AM

If i can buy house using bitcoin i will make a sign of bitcoin in the front of my house to be saying im proud that this house are buy using this currency (bitcoin).

It is a good move of showing you appreciation to bitcoins, me either would probably do that if I will become rich someday. For me it is like advertising bitcoins and that would be my way of extending help to the community.

I think I will do the same thing, surely it would be really cool. because we can buy from bitcoin, and surely people will be wondering, what is bitcoin and it could make its users more

Yeah not many people who selling their homes are aware of the bitcoins. you either have to teach them about the bitcoins first and then buy the house in bitcoins or you may convert your bitcoins .in your local currency first.

Let us just simplify the situation and don't think that the seller of the house will accept bitcoins, the thing is how can we buy a house when we don't have bitcoins even if the price will go high. We should start already saving now if we want to achieve our goal of buying a house in the future.

Well who knows maybe the seller is bitcoin user also surely he will accept bitcoin as payment knowing bitcoin is spreading globally theirs no doubt we can see people are accepting bitcoins for todays payment and truly we can buy a house with bitcoin if we are holding big volume of btc in our wallets and for this current price well sure not only house we can buy and also a lot.

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