Topic: I'm All In - Sold My House! - page 12. (Read 112596 times)
I checked the price of the bitcoin at the time when OP posted this thread and the difference (or the profit at the moment) is 86k+ if OP still has the bitcoins.
You did a great thing for bitcoin, helping the coin become mainstream with this act of trust. Thank you mate.
I can only imagine he doesn't have a wife. If I told my wife I was going to sell our house for bitcoins she'd kill me!
Its crazy (if he only have this house, if he has more than one house provably he could afford a 200k dollars default). On some time his losing was near 50% . People needs to know that only has to invest what they can afford to loose. You can't sell your house because you think that bitcoin (the same cryptocoin or for any stock) will increase its price.
That is pretty crazy but its of course your choice, you can now you a rich man with the bitcoins in your wallet.
I think its good that you sold it with the bitcoin, and you will make profit for sure in the future.
I think its good that you sold it with the bitcoin, and you will make profit for sure in the future.
It's been two years. i wonder if the one who posted this still holds those bitcoins? If he does, then he should wait a little longer. If he doesn't, then he probably sold at a price in which he lose most of the sale from his house.
He posted a status update in December 2015. Should still be fairly accurate!
Well, well, well... I am back for an update.
Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!
HODL!
Happy Holidays and Happy New Year,
Tay More
Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!
HODL!
Happy Holidays and Happy New Year,
Tay More
Looks like he is still holding even when the value of the bitcoins dropped by more than 50% in that time. He got lucky with the value of the canadian dollar though, but as he has not sold it doesn't really matter.
It takes some balls to see 200k evaporate like that and stil stick with your plan. Hope it works out well for him.
It's been two years. i wonder if the one who posted this still holds those bitcoins? If he does, then he should wait a little longer. If he doesn't, then he probably sold at a price in which he lose most of the sale from his house.
oh, wow, that's very, very risky! good luck to you anyways, hope you won't loose everything
good luck man, just maybe it's waaaay too risky? You can loose everything, that would be horrible
He might either lose everything, or make a fortune...
Time will tell, as no one knows the future of BTC...
But I am sure that the guy has a daring heart of Lion to take such a step...
Good luck man, just it's so risky, never heard about anyone that did this for a chance to get more money later
good luck man, just maybe it's waaaay too risky? You can loose everything, that would be horrible
Damn nice job OP! You got some huge balls... This is going to be an interesting year for bitcoin. 
Thx for keeping us updated 
Thx for keeping us updated Two important things to happen this year. Block chain size increase to accommodate more transactions. Block reward will be halved.
Damn nice job OP! You got some huge balls... This is going to be an interesting year for bitcoin. Thx for keeping us updated
Thx for keeping us updated wow now thats an investment too bad that the price is a bit low right now though if it will keep on growing you will have some decent profit after a few years in my opinion
If the OP has somewhere to live and does not rely on the house selling proceeds to live, he has a good chance to earn a lot from his investment.
wow now thats an investment too bad that the price is a bit low right now though if it will keep on growing you will have some decent profit after a few years in my opinion
Well, well, well... I am back for an update.
Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!
HODL!
Happy Holidays and Happy New Year,
Tay More
Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!
HODL!
Happy Holidays and Happy New Year,
Tay More
I think your investment in bitcoins will be much higher in the next year also. It should be worth about $600,000 when the bitcoin is used more by the people.
Yes OP really showed that he had balls. And being able to go through this 2 years of bear phase makes it even more impressive.
You really need to have strong nerves of steel for that. But I guess he also aged 4x during this time.
However next year could be a awesome year for him.And then he absolutely deserves it imo.
You'll not regret! right on!
It would have to take about more than a hundred of analysis before I will decide to really sell my house in btc. But you definitely did your time, you stood up like a man.
The only I can afford to sell in btc is my computer accessories, currently I'm selling Uninterrupted power supply (UPS) on local forum for btc.
where do you currently stay now?
It would have to take about more than a hundred of analysis before I will decide to really sell my house in btc. But you definitely did your time, you stood up like a man.
The only I can afford to sell in btc is my computer accessories, currently I'm selling Uninterrupted power supply (UPS) on local forum for btc.
where do you currently stay now?
Well, well, well... I am back for an update.
Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!
HODL!
Happy Holidays and Happy New Year,
Tay More
Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!
HODL!
Happy Holidays and Happy New Year,
Tay More
We sure gonna choke on our laughter.
Sometimes it's great to read stories like that to get some perspective. Many of us just have 1 BTC and many even less and worry about it all the time even if we know selling it won't change anything in our lives. Perhaps in the future it might but not right now at the current value.
Yes, some stories are pushing myself to invest more into bitcoins. These kind of stories are actually boosting and encouraging many bitcoiners and helping this community to scale another peaks.
This speculation section really great to find mentality of this community and the future of bitcoin values.
Well, well, well... I am back for an update.
Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!
HODL!
Happy Holidays and Happy New Year,
Tay More
Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!
HODL!
Happy Holidays and Happy New Year,
Tay More
I think your investment in bitcoins will be much higher in the next year also. It should be worth about $600,000 when the bitcoin is used more by the people.
Jump to: