Sorry for your loss.
He may have sold and if the price goes up he will profit so no worries. He is still richer than most of use.
He hasnt sold any
Topic: I'm All In - Sold My House! - page 29. (Read 112579 times)
He may have sold and if the price goes up he will profit so no worries. He is still richer than most of use.
He hasnt sold any
Sorry for your loss.
He may have sold and if the price goes up he will profit so no worries. He is still richer than most of use.
Sorry for your loss.
He had chance this summer to sell at the price he bought, I was advising to sell half, hopefully he did it.
I think he's dead now guys, you may stop, save your stones.
Would have been nice to have sold your house now and exchange all to Bitcoin!
Just to recap the facts... the home value was ~$400,000 and the OP traded it for 648 BTC
At the current pricing the OP now has ~$117,000 in BTC
At the current pricing the OP now has ~$117,000 in BTC
but property is stable ,if we kept the house he would have minimal predictible gains
with the volatility those btc could be worth 2-3 million usd in a few yrs
thats the differnce
The upside is much bigger for Bitcoin and you have a legal risk of owning a property and many costs associated with it. Bitcoin is very risky and more volatile.
with the volatility those btc could be worth 2-3 million usd in a few yrs
thats the differnce
thats the differnce
Yeah could. But cashing out, go to the casino and bet all on red has a higher chance of winning (49.9%)
49.9 % ? what game is that ? roulette wheel has 1/2 white stripes too so i think its not as close to 50% after the house edge
i think btc could raise by 5000%
#wait and see
with the volatility those btc could be worth 2-3 million usd in a few yrs
thats the differnce
thats the differnce
Yeah could. But cashing out, go to the casino and bet all on red has a higher chance of winning (49.9%)
Just to recap the facts... the home value was ~$400,000 and the OP traded it for 648 BTC
At the current pricing the OP now has ~$117,000 in BTC
At the current pricing the OP now has ~$117,000 in BTC
but property is stable ,if we kept the house he would have minimal predictible gains
with the volatility those btc could be worth 2-3 million usd in a few yrs
thats the differnce
Or not
that sure is the difference Just to recap the facts... the home value was ~$400,000 and the OP traded it for 648 BTC
At the current pricing the OP now has ~$117,000 in BTC
At the current pricing the OP now has ~$117,000 in BTC
but property is stable ,if we kept the house he would have minimal predictible gains
with the volatility those btc could be worth 2-3 million usd in a few yrs
thats the differnce
Just to recap the facts... the home value was ~$400,000 and the OP traded it for 648 BTC
At the current pricing the OP now has ~$117,000 in BTC
At the current pricing the OP now has ~$117,000 in BTC
just never go all in 
Let's bump this thread in 2017, shall we?
We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it.
We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it.
We should let this thread die. its just flogging a dead horse at this point.
OP has disappeared, hope he is ok. Very bad timing on investing if true, think many of us lost some though.
Let's bump this thread in 2017, shall we?
We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it.
We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it.
He could have sold it cheaper and invest in stocks, gold, ... probably there would be only 5-10% gain per year. But he lost nearly 70%.
Let's bump this thread in 2017, shall we?
We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it.
We can compare his bitcoin worth then, with what the house average appreciation would have been had he held on to it.
I sure hope he didn't lose everthing... Bitcoin was a bit higher in the past... 
If he sold the house around 800$ and the price is now 300$ he lost 5/8th of its value but he said he would not have been able to sell the house if it wasn't for bitcoins (which I doubt is true)
He sold the house on the 7th March 2014, when exchange price dropped from 660$ to 620$. Right now it's about 180$, this must have hurt (if he still holds coins and cares about price).
hodl them until next year or longer
I sure hope he didn't lose everthing... Bitcoin was a bit higher in the past...
If he sold the house around 800$ and the price is now 300$ he lost 5/8th of its value but he said he would not have been able to sell the house if it wasn't for bitcoins (which I doubt is true)
He sold the house on the 7th March 2014, when exchange price dropped from 660$ to 620$. Right now it's about 180$, this must have hurt (if he still holds coins and cares about price).
Ops looking bad
Just kidding hold in there
Just kidding hold in there
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