Its fair to assume this house was not everything he owned...
But the shame & embarrassment... Imagine doing something that asinine & bragging about it? Must be absolutely crushing
That gives you an orgasm, right?
Topic: I'm All In - Sold My House! - page 35. (Read 112579 times)
But the shame & embarrassment... Imagine doing something that asinine & bragging about it? Must be absolutely crushing
That gives you an orgasm, right?
Its fair to assume this house was not everything he owned. It was inheritance so some unexpected fortune he used to speculate as he already had a living and accommodation elsewhere. Its a risky bet but slightly less extreme then selling out something you were using. House prices could still fall from here, bitcoin could still go up we'll have to see which was best. I wouldnt have done it either but Im not thinking he was in 100% on this
"I am now all in! I really believe in bitcoin. It is the future of the world." quote from OP post so from what he did write it seems like it was everything, no? Maybe i'm wrong. ... he probably killed himself...
He did nothing wrong.
It's on him if he can surrive the pressure.
That's modern bullshit. Mental stability has nothing to do will suicide. Samurais killed themselves too. Also lot of people choose to kill themselves for a cause.
Its fair to assume this house was not everything he owned...
But the shame & embarrassment... Imagine doing something that asinine & bragging about it? Must be absolutely crushing
... he probably killed himself...
He did nothing wrong.
It's on him if he can surrive the pressure.
If he came here to make a post that he is all in, he will make a comeback if he succeeds.
Its fair to assume this house was not everything he owned. It was inheritance so some unexpected fortune he used to speculate as he already had a living and accommodation elsewhere. Its a risky bet but slightly less extreme then selling out something you were using. House prices could still fall from here, bitcoin could still go up we'll have to see which was best. I wouldnt have done it either but Im not thinking he was in 100% on this
... he probably killed himself...
He did nothing wrong.
It's on him if he can surrive the pressure.
That's modern bullshit. Mental stability has nothing to do will suicide. Samurais killed themselves too. Also lot of people choose to kill themselves for a cause.
... he probably killed himself...
He did nothing wrong.
It's on him if he can surrive the pressure.
... he probably killed himself...
He did nothing wrong.
Just a little reminder.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
I am very surprised people have sold their house to buy bitcoin.
I certainly would only do it if I owned more than 1 piece of real estate and saw an undervalued bitcoin opportunity to buy in.
2014 was not the year I would have sold real estate for bitcoin. I was cashing out in the $780-$820 range.
Got a few things at $1120 peak in dec 2013.
Diversification is never a bad thing. Glad I did not hold 100% bitcoin in 2014. I sold about 60% for fiat and invested in other asset classes.
I personally think it is never a good thing to have all your eggs in one basket.
This is something many people either learn the hard way or not at all.
He sold his house in 2013, not in 2014. 2014 had many buying opportunities, I think Today is a buying opportunity at 310$/coin.
Ya right, bitcoin's price is at 270 now, NOT a good time to buy as the currency is starting to go down very rapidly.
I wonder how the guy who sold his house is feeling as bitcoin dropped $50 in the last 48hrs. The price is continuing to drop consistently.
He has not been active since October 14, 2014. Maybe he became a wanderer.
Just a little reminder.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
I am very surprised people have sold their house to buy bitcoin.
I certainly would only do it if I owned more than 1 piece of real estate and saw an undervalued bitcoin opportunity to buy in.
2014 was not the year I would have sold real estate for bitcoin. I was cashing out in the $780-$820 range.
Got a few things at $1120 peak in dec 2013.
Diversification is never a bad thing. Glad I did not hold 100% bitcoin in 2014. I sold about 60% for fiat and invested in other asset classes.
I personally think it is never a good thing to have all your eggs in one basket.
This is something many people either learn the hard way or not at all.
He sold his house in 2013, not in 2014. 2014 had many buying opportunities, I think Today is a buying opportunity at 310$/coin.
Ya right, bitcoin's price is at 270 now, NOT a good time to buy as the currency is starting to go down very rapidly.
I wonder how the guy who sold his house is feeling as bitcoin dropped $50 in the last 48hrs. The price is continuing to drop consistently.
He has not been active since October 14, 2014. Maybe he became a wanderer.
Welcome to bitcoin alt troll!
Just a little reminder.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
I am very surprised people have sold their house to buy bitcoin.
I certainly would only do it if I owned more than 1 piece of real estate and saw an undervalued bitcoin opportunity to buy in.
2014 was not the year I would have sold real estate for bitcoin. I was cashing out in the $780-$820 range.
Got a few things at $1120 peak in dec 2013.
Diversification is never a bad thing. Glad I did not hold 100% bitcoin in 2014. I sold about 60% for fiat and invested in other asset classes.
I personally think it is never a good thing to have all your eggs in one basket.
This is something many people either learn the hard way or not at all.
He sold his house in 2013, not in 2014. 2014 had many buying opportunities, I think Today is a buying opportunity at 310$/coin.
Ya right, bitcoin's price is at 270 now, NOT a good time to buy as the currency is starting to go down very rapidly.
I wonder how the guy who sold his house is feeling as bitcoin dropped $50 in the last 48hrs. The price is continuing to drop consistently.
Just a little reminder.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
I am very surprised people have sold their house to buy bitcoin.
I certainly would only do it if I owned more than 1 piece of real estate and saw an undervalued bitcoin opportunity to buy in.
2014 was not the year I would have sold real estate for bitcoin. I was cashing out in the $780-$820 range.
Got a few things at $1120 peak in dec 2013.
Diversification is never a bad thing. Glad I did not hold 100% bitcoin in 2014. I sold about 60% for fiat and invested in other asset classes.
I personally think it is never a good thing to have all your eggs in one basket.
This is something many people either learn the hard way or not at all.
He sold his house in 2013, not in 2014. 2014 had many buying opportunities, I think Today is a buying opportunity at 310$/coin.
Just a little reminder.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
I am very surprised people have sold their house to buy bitcoin.
I certainly would only do it if I owned more than 1 piece of real estate and saw an undervalued bitcoin opportunity to buy in.
2014 was not the year I would have sold real estate for bitcoin. I was cashing out in the $780-$820 range.
Got a few things at $1120 peak in dec 2013.
Diversification is never a bad thing. Glad I did not hold 100% bitcoin in 2014. I sold about 60% for fiat and invested in other asset classes.
I personally think it is never a good thing to have all your eggs in one basket.
This is something many people either learn the hard way or not at all.
Just a little reminder.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
I am very surprised people have sold their house to buy bitcoin.
I certainly would only do it if I owned more than 1 piece of real estate and saw an undervalued bitcoin opportunity to buy in.
2014 was not the year I would have sold real estate for bitcoin. I was cashing out in the $780-$820 range.
Got a few things at $1120 peak in dec 2013.
Diversification is never a bad thing. Glad I did not hold 100% bitcoin in 2014. I sold about 60% for fiat and invested in other asset classes.
I personally think it is never a good thing to have all your eggs in one basket.
Just a little reminder.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
Not troll but there was no benefit in demanding payment in bitcoin. I get the general hype on trying that and even Richard Branson likes that kind of thing but it was never necessary. Take the cash as is normally convenient and then just buy the bitcoin yourself. Thats no fun you might say but the thing is you can choose the timing far better as its alot of potential profit from both getting the best time to sell the house and the best time to buy the coins.
For example, you can say I want to buy these coins monthly until I reach the full amount I want and he might have benefited that way. Opposite to that some transactions could benefit from bitcoin truly and no hype needed, typically small fast transactions especially where you dont want a reversal or visa type involvement. Also where the currency is unstable or the banking system perhaps not secure like Vietnam or more famously Zimbabwe you might well benefit from a bitcoin demand such as this
my point, wasnt 100% silly and if we see those factors increase in the world we could see houses sold this way again imo
For example, you can say I want to buy these coins monthly until I reach the full amount I want and he might have benefited that way. Opposite to that some transactions could benefit from bitcoin truly and no hype needed, typically small fast transactions especially where you dont want a reversal or visa type involvement. Also where the currency is unstable or the banking system perhaps not secure like Vietnam or more famously Zimbabwe you might well benefit from a bitcoin demand such as this
my point, wasnt 100% silly and if we see those factors increase in the world we could see houses sold this way again imo
Guys, I'm doing fine.
It's been a cold winter but knowing that soon each Bitcoin will be $10k each keeps me going during the dark times...
It's been a cold winter but knowing that soon each Bitcoin will be $10k each keeps me going during the dark times...
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