If Bitcoin goes up very high should i buy a house? - page 67.

bryant.coleman

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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

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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.

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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.

sirohige

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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.

Shinpako09

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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.

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Quote from: Legasean on June 06, 2016, 11:07:45 AM

Quote from: boyptc on June 05, 2016, 08:50:58 PM

Quote from: Dr.Osh on June 05, 2016, 11:13:30 AM

many people say they want to buy a house with bitcoin but most of them do not have enough bitcoin. I think a good thing you do right now is to collect bitcoin and hold it, because when the price goes up, you may be able to buy two houses at once, one for you to live with people that you love, and the other one you use for business purposes

Yes I agree with you that what we need to do so that we could buy a house if ever the price of bitcoin will be in our favor. Because even you will say
you want to buy house but you don't have enough bitcoin for buying so start earning and collecting it now.

Making an investment in a house will be one of the best thing because with selling in the future you can earn a lot of money with it and that is nice.
But the first step is that you have to need some patience until you have that much profit.

Yes, you are right. If you have many bitcoins, i think it's better to invest by buying a house, because it's really good for long term investment. But for now, better hold your bitcoin first, because halving is close.

Legasean

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Quote from: boyptc on June 05, 2016, 08:50:58 PM

Quote from: Dr.Osh on June 05, 2016, 11:13:30 AM

many people say they want to buy a house with bitcoin but most of them do not have enough bitcoin. I think a good thing you do right now is to collect bitcoin and hold it, because when the price goes up, you may be able to buy two houses at once, one for you to live with people that you love, and the other one you use for business purposes

Yes I agree with you that what we need to do so that we could buy a house if ever the price of bitcoin will be in our favor. Because even you will say
you want to buy house but you don't have enough bitcoin for buying so start earning and collecting it now.

Making an investment in a house will be one of the best thing because with selling in the future you can earn a lot of money with it and that is nice.
But the first step is that you have to need some patience until you have that much profit.

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

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

What's risky about buying a house when price of bitcoin goes up? Even the price of bitcoin will rise or not. It is very essential for everyone
to buy a house because it is a man's dream of having his own house.

Denker

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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.

hendra147

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Quote from: ning_chang on June 05, 2016, 11:04:07 PM

If you need a house or you want it go buy it, Too much btc is needed if you are buying a house. How many Months do you Work for that volume of btc?

it depends on the type of house you want, if you want a simple, it does not necessarily require a lot of bitcoin, but if you want luxury it certainly requires a lot of bitcoin. but if the prices are very high it gets better, so you do not really need a lot of bitcoin to buy a house

jiefes

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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.

Maybe, but if someone does not smell and does not steal coins.

ning_chang

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If you need a house or you want it go buy it, Too much btc is needed if you are buying a house. How many Months do you Work for that volume of btc?

VerdinaNET

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

Doms

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If bitcoin's price reaches an amount where it is enough to buy a house, I'd go for an apartment-type building. With that, I could still make my earnings earn even more passive income. A house is not really an investment but more of reward to our hard work and to have a roof we could call our own. But if you are into real estate business, buying and selling house with bitcoin could make you even richer.

Cybertron00

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Well man in your case Ill say that you should buy a house when Bitcoin's price goes up so that you can save a lot of money. Grin

Ziskinberg

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Quote from: boyptc on June 05, 2016, 08:50:58 PM

Quote from: Dr.Osh on June 05, 2016, 11:13:30 AM

many people say they want to buy a house with bitcoin but most of them do not have enough bitcoin. I think a good thing you do right now is to collect bitcoin and hold it, because when the price goes up, you may be able to buy two houses at once, one for you to live with people that you love, and the other one you use for business purposes

Yes I agree with you that what we need to do so that we could buy a house if ever the price of bitcoin will be in our favor. Because even you will say
you want to buy house but you don't have enough bitcoin for buying so start earning and collecting it now.

We can always buy a house if the price of bitcoins will get more higher but it would always depend on the our preference of the size of the house. I like a house that is not so big or like a mansion, a house that would be enough to secure my family and live a simple life.

boyptc

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Quote from: Dr.Osh on June 05, 2016, 11:13:30 AM

many people say they want to buy a house with bitcoin but most of them do not have enough bitcoin. I think a good thing you do right now is to collect bitcoin and hold it, because when the price goes up, you may be able to buy two houses at once, one for you to live with people that you love, and the other one you use for business purposes

Yes I agree with you that what we need to do so that we could buy a house if ever the price of bitcoin will be in our favor. Because even you will say
you want to buy house but you don't have enough bitcoin for buying so start earning and collecting it now.

dragonusa9

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Quote from: Dr.Osh on June 05, 2016, 11:13:30 AM

many people say they want to buy a house with bitcoin but most of them do not have enough bitcoin. I think a good thing you do right now is to collect bitcoin and hold it, because when the price goes up, you may be able to buy two houses at once, one for you to live with people that you love, and the other one you use for business purposes

just hold it until the price rise after halving ended. but how can you think that someone will eventually buy two houses at once if they dont have enough bitcoin(fund) to buy house? buying one house is hard than you can think, and thinking that two houses at once just hard to believe.
but still, you can collect bitcoin first and then buying a house is a good choice

Dr.Osh

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many people say they want to buy a house with bitcoin but most of them do not have enough bitcoin. I think a good thing you do right now is to collect bitcoin and hold it, because when the price goes up, you may be able to buy two houses at once, one for you to live with people that you love, and the other one you use for business purposes

hendra147

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Quote from: Positid on June 03, 2016, 08:42:58 PM

Quote from: hendra147 on June 03, 2016, 06:49:21 PM

Quote from: pearl11 on June 03, 2016, 06:45:46 PM

If the price went up to 10k then i really wanna buy a house,how i wish i have a house with a big garden full of flowers,,were i can do all i want to do in my everyday life.

have a house is everybody's dream, I myself have a plan to buy a house from the bitcoin, and it really should wait for the price to rise higher.

If I can make just 100 BTC but next year I could already buy a house for me and for my parents, this is a good chance for me only as my job is just giving me a fixed rate at a very minimum pay.

yes it is good to wait until next year if it has 100BTC, because I'm sure next year we will be above $1,000, and at least it could buy two houses for your wives and your parents

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Quote from: boyptc on June 04, 2016, 01:13:26 AM

Quote from: Crazygreek on June 03, 2016, 01:57:34 PM

I think yes, house is very imortan, but if you already have it, maybe better to think about car or other good spending for your future life or even business.

Even the bitcoin doesn't goes up we need house it is one of the essential needs for everyone. And that is a good investment if you are going to buy a house not just you can live there but if you don't want to live there anymore you just can sell it anytime.

If by the end of the year the price of bitcoins will be at least $1,000, I would definitely buy a new house. I would design that house then with a bitcoin logo as a sign of my respect to bitcoins where I was able to get the money.

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