If Bitcoin goes up very high should i buy a house? - page 76.

Mr. Big

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Quote from: Hutalar on April 16, 2016, 03:37:35 PM

When the bitcoin price goes to $100,000 each, I will sell 10 bitcoin and buy a nice house. I shall have enough to pay property tax.

At this current movement in price, I doubt that we will see $100,000, not even $10,000, but if price reaches atleast $1,000, then with a 100 bitcoin, in where I live, you could almost buy a quality house and a car...

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Quote from: Karartma1 on April 13, 2016, 02:42:45 PM

I can't believe we can do all this fuss discussing about houses as investments considering we can handle one of the most exciting technologies after the internet Grin

for investment in real estate is currently located at the peak of popularity. many people who trying to buy land, property, house for investment.
because of the price data of real estate has increased every year

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Quote from: 23dzmaz on April 16, 2016, 06:42:27 AM

Quote from: Karartma1 on April 16, 2016, 05:33:54 AM

I'm not judging anyone's opinion here I'm simply impressed by the fact so many of you would buy a house with BTC. I would prefer to rent it if that makes sense. I would buy some land for sure not a house.

Well, buying a land also good. So you don't need to worry about a house like earthquake or something. And land is no need to worry about land.

Yes if we buy a land and then we start to build our home on that land then we will be more satisfied with our construction because we will be sure that we have used a good material for making that house. I am planning to do that all with my bitcoin when the price will be at a level when we will be abe to buy that.

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Quote from: Karartma1 on April 16, 2016, 05:33:54 AM

I'm not judging anyone's opinion here I'm simply impressed by the fact so many of you would buy a house with BTC. I would prefer to rent it if that makes sense. I would buy some land for sure not a house.

Well, buying a land also good. So you don't need to worry about a house like earthquake or something. And land is no need to worry about land.

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Quote from: benmartin613 on April 16, 2016, 06:08:35 AM

Its much cheaper if we buy a land and just build our own dream house,in the future we might see that a house is going to be sold for bitcoin and its really possible.

I disagree with you...Though we know that you can save money if you will be the one building your own dream house, But the convenience of just buying it is an advantage, you don't have to wait before your house is build..Besides, materials of today has already classes...which sometimes if you have no knowledge about what you are building might result to a substandard houses..unlike before that steels and woods are in only one size and standard...

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Quote from: Icathia on April 13, 2016, 08:41:14 AM

Quote from: Nimbulan on April 11, 2016, 12:34:38 AM

Quote from: Karartma1 on April 10, 2016, 02:20:19 AM

Let's have a very high bitcoin price and I can definitely tell you that my last problem would be the one of buying a new house. Grin

So, again: give me a high bitcoin price and I will act accordingly! Wink

to be honest it is impossible for the bitcoin price to grow that much right now thus you wont be able to buy a house for your btc for a really long time in my opinion

though if the price would go up that much i think you should buy eeverything you want if it makes you rich because after some time the price might fall once again

It is not that bad to buy a house with Bitcoin because to invest in a house is one of the best investments that you can make and that is nice for you and later for the future.
A house will almost never fall down in value so that is good for later if you can have some more profit if you are selling the house in the future.

House investment is best and you are always happy unless an earthquake or a war destroy your home forever. Cry

So its depends on the country where u live and the military situation there.

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Quote from: Karartma1 on April 16, 2016, 05:33:54 AM

I'm not judging anyone's opinion here I'm simply impressed by the fact so many of you would buy a house with BTC. I would prefer to rent it if that makes sense. I would buy some land for sure not a house.

Its much cheaper if we buy a land and just build our own dream house,in the future we might see that a house is going to be sold for bitcoin and its really possible.

Karartma1

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I'm not judging anyone's opinion here I'm simply impressed by the fact so many of you would buy a house with BTC. I would prefer to rent it if that makes sense. I would buy some land for sure not a house.

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Quote from: romero121 on April 14, 2016, 06:47:09 AM

Quote from: Karartma1 on April 13, 2016, 02:42:45 PM

I can't believe we can do all this fuss discussing about houses as investments considering we can handle one of the most exciting technologies after the internet Grin

I don't think this as fuss discussion. If an user is in need for a house and if bitcoin price goes very high sure he can go for a house, because investment made on properties are much worthy than any other form of investment.

I also agree with this opinion.Housing is one of the basic need of human beings since time immemorial.Shortage of land for housing is increasing rapidly by day and consequently its prices.Real estate is the safest investment if you can afford it.Bitcoin is also a good investment but not as good as real estate

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To buy a house is the best investment that you can make because the value is not falling down of a house and that is why it is so good to buy a house.
You need also a lot of coins if you want to make an investment in a house but it is worth enough.

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Quote from: Karartma1 on April 13, 2016, 02:42:45 PM

I can't believe we can do all this fuss discussing about houses as investments considering we can handle one of the most exciting technologies after the internet Grin

I believe this is not a fuss discussion because not everyone is good in investing stuff such as on houses, etc. Investing is a serious matter, and it does need a lot of consideration before you start investing.

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Quote from: Dr.Osh on April 13, 2016, 09:42:56 AM

Quote from: Rune on April 12, 2016, 05:25:50 AM

Putting 90% of your capital into a house seems like a bad idea
If it was 50% I think it is a good idea.
You don't want to shrink your capital to much

yes, I guess it's like saving money in no time. it should really be done if you have a lot of bitcoin. everyone dreams of a home, so it was very good for users bitcoin

Yeah everyone are in need of homes, some have it and others don't. Those people who don't have homes dream about buying a new home. If probably bitcoin price increase more during halving, their wish may come true.

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Quote from: Karartma1 on April 13, 2016, 02:42:45 PM

I can't believe we can do all this fuss discussing about houses as investments considering we can handle one of the most exciting technologies after the internet Grin

I think a good answer to this question is: It depends how much bitcoin you have and also do you have a house or not and if you do not have house but you have bitcoins then buy a house.

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Quote from: Karartma1 on April 13, 2016, 02:42:45 PM

I can't believe we can do all this fuss discussing about houses as investments considering we can handle one of the most exciting technologies after the internet Grin

I don't think this as fuss discussion. If an user is in need for a house and if bitcoin price goes very high sure he can go for a house, because investment made on properties are much worthy than any other form of investment.

Karartma1

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I can't believe we can do all this fuss discussing about houses as investments considering we can handle one of the most exciting technologies after the internet Grin

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Quote from: Rune on April 12, 2016, 05:25:50 AM

Putting 90% of your capital into a house seems like a bad idea
If it was 50% I think it is a good idea.
You don't want to shrink your capital to much

yes, I guess it's like saving money in no time. it should really be done if you have a lot of bitcoin. everyone dreams of a home, so it was very good for users bitcoin

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Quote from: Icathia on April 13, 2016, 08:41:14 AM

Quote from: Nimbulan on April 11, 2016, 12:34:38 AM

Quote from: Karartma1 on April 10, 2016, 02:20:19 AM

Let's have a very high bitcoin price and I can definitely tell you that my last problem would be the one of buying a new house. Grin

So, again: give me a high bitcoin price and I will act accordingly! Wink

to be honest it is impossible for the bitcoin price to grow that much right now thus you wont be able to buy a house for your btc for a really long time in my opinion

though if the price would go up that much i think you should buy eeverything you want if it makes you rich because after some time the price might fall once again

It is not that bad to buy a house with Bitcoin because to invest in a house is one of the best investments that you can make and that is nice for you and later for the future.
A house will almost never fall down in value so that is good for later if you can have some more profit if you are selling the house in the future.

this is wrong, even house can fall in value if the market for property fall, no demand = value go down this is true for every market out there

and the value go way down, faster if your house is not in a strategic place for example

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Quote from: Nimbulan on April 11, 2016, 12:34:38 AM

Quote from: Karartma1 on April 10, 2016, 02:20:19 AM

Let's have a very high bitcoin price and I can definitely tell you that my last problem would be the one of buying a new house. Grin

So, again: give me a high bitcoin price and I will act accordingly! Wink

to be honest it is impossible for the bitcoin price to grow that much right now thus you wont be able to buy a house for your btc for a really long time in my opinion

though if the price would go up that much i think you should buy eeverything you want if it makes you rich because after some time the price might fall once again

It is not that bad to buy a house with Bitcoin because to invest in a house is one of the best investments that you can make and that is nice for you and later for the future.
A house will almost never fall down in value so that is good for later if you can have some more profit if you are selling the house in the future.

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Quote from: Jmild1 on April 12, 2016, 02:13:05 PM

Just wanna ask, how does a property's value always goes up? Just wanna question this cause many people say it on the thread

What kind or property? real estate? if it's real estate, it is because of the law of demand and supply...day by day population increases so the demand gets high...Remember, you cannot create a land, so there is no way you can increase the land area..The more the city was developed where the property is located is built, the faster the price of it would increase...

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Quote from: Jmild1 on April 12, 2016, 02:13:05 PM

Just wanna ask, how does a property's value always goes up? Just wanna question this cause many people say it on the thread

they don't always go up.

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