If Bitcoin goes up very high should i buy a house? - page 78.

BitcoinPaw

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Quote from: Karartma1 on April 10, 2016, 03:20:19 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

Yeah better to make desisions when time is right but everyone want to dream a bit. Who knows maybe bitcoin will reach good point and we all take houses for us. (no)

blackmachinegun

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Quote from: Karartma1 on April 10, 2016, 03:20:19 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

if you buy a house now. Of course you will need to pay a lot of bitcoin. but if the price rises bicoin high. you just need some bitcoin to pay for the house.
but the question is when we have to wait for that to happen? LOL

Karartma1

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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

avikz

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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.

Your question itself is immensely stupid. Certainly you should buy a house with bitcoin (if you are able to). Instead of having bitcoin, it is always better to have a tangible asset which has a huge upside potential. If the real estate sector is booming in your country, it is a very good idea to use bitcoin to buy an asset.

Go ahead with it!

malphite

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Quote from: Lucius on April 07, 2016, 11:25:44 AM

Investment in property is not bad investment,especially if you are a subtenant.If BTC one day go up to very high price why not sell some % of it and invest in your own house or buy new car.If only the BTC price went so high, many would be happy and fulfilled some life wishes

I dont know about bad, but there are bad properties comparison if you dont do your homework.

So the general sense of it is yes, its good. But you better know a damn expert into what youre getting yourself into eg: contracters needed, etc.

n0ne

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Quote from: Dr.Osh on April 07, 2016, 09:19:06 AM

Quote from: bitcoinboy12 on April 07, 2016, 07:36:24 AM

Quote from: 0day on April 07, 2016, 07:30:26 AM

Quote from: gtglener on April 02, 2016, 05:23:30 PM

If you are living in a third world country and there you want to buy a house in the village then definitely you can buy a house with only one bitcoin but if you want to buy in city or in a first world country then you will need some high amount of bitcoin to buy that house.

But he is talking that when bitcoin price goes up very high,
I think if the price reach to $10,000,000 , then he should buy a house with that, but no one knows that is it possible for the bitcoin to reach that much value!!!!!!!

Haha. I know I will buy one as soon as I'd get that rich and all funded up from BTCs. I mean come on, that is a house, and we probably got our BTCs just a couple of dollars and imagine being able to a house from it.

if we did have a lot of bitcoin, why not? should we buy the house a lot and consider it as an investment house, and perhaps some of the cars as well in order to be complementary Grin

To get complementary is totally tough. I believe buying a house is really profitable and a must because investing in property never makes our value go down.

luciann

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If the price is right, taking care of the basic survivals to not be homeless is the way to go.

And thats providing a roof over your head and not paying a bank for it, even better.

KennyR

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Quote from: iram66680 on April 08, 2016, 12:56:12 AM

To buy a house with it at where it stand right now you would need more than a few bitcoins in order to achieve this or buy a few bitcoins and alt coins then wait until the end of the year, they might grow enough to buy that home after all Wink

That's not a right decision. Make profit with altcoins only when it is in rise. Else buying and holding bitcoin is profitable rather than altcoins.

JeanMcCoy

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Quote from: Mr. Big on April 08, 2016, 01:23:43 AM

Quote from: iram66680 on April 08, 2016, 12:56:12 AM

To buy a house with it at where it stand right now you would need more than a few bitcoins in order to achieve this or buy a few bitcoins and alt coins then wait until the end of the year, they might grow enough to buy that home after all Wink

If we are planning to buy a house, at this moment we should have invest in bitcoin and keep it...With the price right now, when we are going to buy bitcoin and keep it until the year end, I think it's better to just keep it in fiat..But if we are going to buy house later on, say about 10 years from now, then I think it's fine to invest now in bitcoin..

It is good to buy a house of course, because if you are buying a house you will always have more money later in the future when you are selling that house after some 20 years and that is nice.
To buy a house you need a lot of Bitcoin otherwise it will be not possible I think, or the value must be high.

iram66680

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Quote from: Mr. Big on April 08, 2016, 01:23:43 AM

Quote from: iram66680 on April 08, 2016, 12:56:12 AM

To buy a house with it at where it stand right now you would need more than a few bitcoins in order to achieve this or buy a few bitcoins and alt coins then wait until the end of the year, they might grow enough to buy that home after all Wink

If we are planning to buy a house, at this moment we should have invest in bitcoin and keep it...With the price right now, when we are going to buy bitcoin and keep it until the year end, I think it's better to just keep it in fiat..But if we are going to buy house later on, say about 10 years from now, then I think it's fine to invest now in bitcoin..

Sounds like a mortgage Cheesy

I believe you should save as much bitcoin as you can now, then wait, but not 10 years. By then you will be old enough to retire into an old folk home then what of your bitcoins then? You might as well leave then in your will for your grandkids to discover what their worth is. Wink

Mr. Big

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Quote from: iram66680 on April 08, 2016, 12:56:12 AM

To buy a house with it at where it stand right now you would need more than a few bitcoins in order to achieve this or buy a few bitcoins and alt coins then wait until the end of the year, they might grow enough to buy that home after all Wink

If we are planning to buy a house, at this moment we should have invest in bitcoin and keep it...With the price right now, when we are going to buy bitcoin and keep it until the year end, I think it's better to just keep it in fiat..But if we are going to buy house later on, say about 10 years from now, then I think it's fine to invest now in bitcoin..

Superways

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A day will come when bitcoin price will be much high than our best expectations, at that time everyone will buy anything with only one bitcoin, But I think bitcoin reaching to that stage will require a large time period and a hard struggle and a large community to support. At that time, we hope we will alive.

iram66680

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To buy a house with it at where it stand right now you would need more than a few bitcoins in order to achieve this or buy a few bitcoins and alt coins then wait until the end of the year, they might grow enough to buy that home after all Wink

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Quote from: Lucius on April 07, 2016, 11:25:44 AM

Investment in property is not bad investment,especially if you are a subtenant.If BTC one day go up to very high price why not sell some % of it and invest in your own house or buy new car.If only the BTC price went so high, many would be happy and fulfilled some life wishes

Yeah if the price of bitcoin peaks so high we can buy a house else it is impossible. If the price becomes higher as you said people will be more happy and their unfulfilled wishes come true in life.

Red-Apple

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i have the exact plan with bitcoin, actually i don't have that much but the house i want to buy requires a bit more money that when the bitcoin price goes up i can have the difference because of the increase.

Lucius

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Investment in property is not bad investment,especially if you are a subtenant.If BTC one day go up to very high price why not sell some % of it and invest in your own house or buy new car.If only the BTC price went so high, many would be happy and fulfilled some life wishes

Icathia

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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.

Why not if you could make so much money with bitcoin so that you could buy a house you should do it. Your house can also go up in price after you bought it so it can be a good investment.

Dr.Osh

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Quote from: bitcoinboy12 on April 07, 2016, 07:36:24 AM

Quote from: 0day on April 07, 2016, 07:30:26 AM

Quote from: gtglener on April 02, 2016, 05:23:30 PM

If you are living in a third world country and there you want to buy a house in the village then definitely you can buy a house with only one bitcoin but if you want to buy in city or in a first world country then you will need some high amount of bitcoin to buy that house.

But he is talking that when bitcoin price goes up very high,
I think if the price reach to $10,000,000 , then he should buy a house with that, but no one knows that is it possible for the bitcoin to reach that much value!!!!!!!

Haha. I know I will buy one as soon as I'd get that rich and all funded up from BTCs. I mean come on, that is a house, and we probably got our BTCs just a couple of dollars and imagine being able to a house from it.

if we did have a lot of bitcoin, why not? should we buy the house a lot and consider it as an investment house, and perhaps some of the cars as well in order to be complementary Grin

bitcoinboy12

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Quote from: 0day on April 07, 2016, 07:30:26 AM

Quote from: gtglener on April 02, 2016, 05:23:30 PM

If you are living in a third world country and there you want to buy a house in the village then definitely you can buy a house with only one bitcoin but if you want to buy in city or in a first world country then you will need some high amount of bitcoin to buy that house.

But he is talking that when bitcoin price goes up very high,
I think if the price reach to $10,000,000 , then he should buy a house with that, but no one knows that is it possible for the bitcoin to reach that much value!!!!!!!

Haha. I know I will buy one as soon as I'd get that rich and all funded up from BTCs. I mean come on, that is a house, and we probably got our BTCs just a couple of dollars and imagine being able to a house from it.

0day

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Quote from: gtglener on April 02, 2016, 05:23:30 PM

If you are living in a third world country and there you want to buy a house in the village then definitely you can buy a house with only one bitcoin but if you want to buy in city or in a first world country then you will need some high amount of bitcoin to buy that house.

But he is talking that when bitcoin price goes up very high,
I think if the price reach to $10,000,000 , then he should buy a house with that, but no one knows that is it possible for the bitcoin to reach that much value!!!!!!!

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