If Bitcoin goes up very high should i buy a house? - page 66.

MFahad

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

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

Quote from: sobsitesearch on June 09, 2016, 08:45:53 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.

hawkins

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

Quote from: sobsitesearch on June 09, 2016, 08:45:53 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

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Quote from: sobsitesearch on June 09, 2016, 08:45:53 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.

sobsitesearch

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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).

newcoins1978

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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.

Hatuferu

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Quote from: boyptc on June 08, 2016, 10:28:15 PM

Quote from: Nouelle-Hunter on June 08, 2016, 04:12:02 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.

That is true, if you are renting then you better consider thinking of buying your own house as when you stay renting for a longer time then you could already bought a house with the rent you expense. House is very important right now as it is really good to have your own home and stop renting anymore.

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Quote from: Nouelle-Hunter on June 08, 2016, 04:12:02 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.

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Quote from: Ulloa on June 08, 2016, 10:07:21 AM

Quote from: Kollor on June 08, 2016, 12:03:03 AM

Quote from: Ziskinberg on June 07, 2016, 11:46:50 PM

Actually a house is not an investment but it is a liability because you pay for all the maintenance of your house and it does not bring income into you, but as human we need a shelter enough for our family to live a comfortable life. If bitcoins price is very high and I earn a lot from my investment then maybe I should consider buying one.

Still, it's an investment even when you do all the fixtures, it is still a investment, house and lot price increases year by year, so your money is still moving. you could let someone rent it to profit, and it is almost a lifetime investment for the security of your family. From your wife up to your grand children, they could benefit from your house. So, if the price would really go high and you have enough bitcoin, grab the chance to buy a house if you see one.

That should be nice if that is possible if you can make that much Bitcoin with it but it can takes also a long time until you have a whole one so that is nice.
But of course it wont be that easy to earn some more money with it because it takes a long time until you can buy it.

It is still depends on the people on how they treat the house, businessman usually treat house as liability and they never really receive income from it. Sometimes they are just contented to live in a small house but a comfortable one and rather use their money to invest in businesses.

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Quote from: Kollor on June 08, 2016, 12:03:03 AM

Quote from: Ziskinberg on June 07, 2016, 11:46:50 PM

Actually a house is not an investment but it is a liability because you pay for all the maintenance of your house and it does not bring income into you, but as human we need a shelter enough for our family to live a comfortable life. If bitcoins price is very high and I earn a lot from my investment then maybe I should consider buying one.

Still, it's an investment even when you do all the fixtures, it is still a investment, house and lot price increases year by year, so your money is still moving. you could let someone rent it to profit, and it is almost a lifetime investment for the security of your family. From your wife up to your grand children, they could benefit from your house. So, if the price would really go high and you have enough bitcoin, grab the chance to buy a house if you see one.

That should be nice if that is possible if you can make that much Bitcoin with it but it can takes also a long time until you have a whole one so that is nice.
But of course it wont be that easy to earn some more money with it because it takes a long time until you can buy it.

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

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Quote from: bryant.coleman on June 08, 2016, 03:38:11 AM

Quote from: Cyaren on June 07, 2016, 02:34:54 AM

Not really. Buying a house isn't that good of a decision to make, especially when you know that another debt crisis is going to strike soon. Take for example, the 2008 debt crisis. Thousands lost their homes and the price of houses plummeted.

I'd rather just keep that bitcoin, or try enjoy yourself with the bitcoins you've got. You might also invest in something else with those bitcoins.

If there is some sort of large scale crisis or recession, similar to the one in 2008-09, then the only risk-free investment is going to be bullion (gold, silver, platinum, palladium.etc). Every other type of investment is risky, including bank deposits. Unfortunately, Bitcoin is one of the most riskiest investments. In case of a recession, people will flock to safer options such as gold, thereby causing devaluation for Bitcoin.

I agree in your statement, but if you try to analyze safe investment only offers us a little profit and most of the time it requires huge investment to earn a considerable amount of interest or profit. With the current state of the people, we are in crisis and we don't have that much to invest, and since bitcoins is still at an early stage and has a great potential to grow in the future, I think investing today is a good idea.

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Quote from: Cyaren on June 07, 2016, 02:34:54 AM

Not really. Buying a house isn't that good of a decision to make, especially when you know that another debt crisis is going to strike soon. Take for example, the 2008 debt crisis. Thousands lost their homes and the price of houses plummeted.

I'd rather just keep that bitcoin, or try enjoy yourself with the bitcoins you've got. You might also invest in something else with those bitcoins.

If there is some sort of large scale crisis or recession, similar to the one in 2008-09, then the only risk-free investment is going to be bullion (gold, silver, platinum, palladium.etc). Every other type of investment is risky, including bank deposits. Unfortunately, Bitcoin is one of the most riskiest investments. In case of a recession, people will flock to safer options such as gold, thereby causing devaluation for Bitcoin.

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Quote from: pearl11 on June 07, 2016, 01:43:50 AM

If you have save more than 1000btc then definitely you should by a house,, even 2 or three house you can it as long as the bitcoin price is 5000$ when you sell all your bitcoins

Yeah you should buy a house if you have save a lot of bitcoins to your wallet and exchange it to fiat for sure those realty companies that where you are going to buy your house doesn't accept bitcoin.
That is a well fulfilled dream if you can buy a house with your earnings with bitcoin.

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Quote from: Ziskinberg on June 07, 2016, 11:46:50 PM

Actually a house is not an investment but it is a liability because you pay for all the maintenance of your house and it does not bring income into you, but as human we need a shelter enough for our family to live a comfortable life. If bitcoins price is very high and I earn a lot from my investment then maybe I should consider buying one.

Still, it's an investment even when you do all the fixtures, it is still a investment, house and lot price increases year by year, so your money is still moving. you could let someone rent it to profit, and it is almost a lifetime investment for the security of your family. From your wife up to your grand children, they could benefit from your house. So, if the price would really go high and you have enough bitcoin, grab the chance to buy a house if you see one.

Ziskinberg

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Quote from: Cyaren on June 07, 2016, 02:34:54 AM

Quote from: Denker on June 06, 2016, 05:26:42 AM

Quote from: VerdinaNET on June 05, 2016, 10:59:37 PM

I think it's too risky, but it's a good idea.

Why is it risky?
Buying a house doesn't mean he will invest all the profit for it he would have made.
Just a buy a decent home with some nice backyeard in a mid priced area.Get a woman, make children and enjoy your life.

Not really. Buying a house isn't that good of a decision to make, especially when you know that another debt crisis is going to strike soon. Take for example, the 2008 debt crisis. Thousands lost their homes and the price of houses plummeted.

I'd rather just keep that bitcoin, or try enjoy yourself with the bitcoins you've got. You might also invest in something else with those bitcoins.

Actually a house is not an investment but it is a liability because you pay for all the maintenance of your house and it does not bring income into you, but as human we need a shelter enough for our family to live a comfortable life. If bitcoins price is very high and I earn a lot from my investment then maybe I should consider buying one.

Cyaren

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Quote from: Denker on June 06, 2016, 05:26:42 AM

Quote from: VerdinaNET on June 05, 2016, 10:59:37 PM

I think it's too risky, but it's a good idea.

Why is it risky?
Buying a house doesn't mean he will invest all the profit for it he would have made.
Just a buy a decent home with some nice backyeard in a mid priced area.Get a woman, make children and enjoy your life.

Not really. Buying a house isn't that good of a decision to make, especially when you know that another debt crisis is going to strike soon. Take for example, the 2008 debt crisis. Thousands lost their homes and the price of houses plummeted.

I'd rather just keep that bitcoin, or try enjoy yourself with the bitcoins you've got. You might also invest in something else with those bitcoins.

pearl11

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If you have save more than 1000btc then definitely you should by a house,, even 2 or three house you can it as long as the bitcoin price is 5000$ when you sell all your bitcoins

Fraxinus

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Yeah you can buy for sure Cheesy

.That's an individual choice but is a good choice to make as long as you can afford to do it,so yeah,go for it and let us know as well,so we can see what's the result of all.

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Quote from: sirohige on June 06, 2016, 10:57:11 PM

Quote from: Shinpako09 on June 06, 2016, 06:27:23 PM

Of course, that is better than renting a house. The only problem is do you have enough bitcoin that could buy a house when you converted it into fiat.

if bitcoin reach $100.000 i have 1bitcoin and i think it's enough to buying new house Cheesy

.
bitcoin have potentially to be 1st currency in the world, i think bitcoin can survive.

Where do you live? Is it possible to buy a decent (3BHK or 4 BHK) house for just $100,000 in your country? In my country, small independent villas normally cost around $2 million or $3 million (unaffordable for normal people). Semi-detached houses are a little more affordable. Apartments are cheaper, with 2BHK apartments from HDB selling for less than $200,000.

boyptc

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Quote from: sirohige on June 06, 2016, 10:57:11 PM

Quote from: Shinpako09 on June 06, 2016, 06:27:23 PM

Of course, that is better than renting a house. The only problem is do you have enough bitcoin that could buy a house when you converted it into fiat.

if bitcoin reach $100.000 i have 1bitcoin and i think it's enough to buying new house Cheesy

.
bitcoin have potentially to be 1st currency in the world, i think bitcoin can survive.

Well not a 'dot' you must put to your value but must be a 'comma' $100,000.00 And you are right if 1 bitcoin reaches that amount for sure, we all bitcoiners will able to buy not just 1 house but 2 - 3 houses. But let's see on when it will going to happen.
I hope it will happen that soon.

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