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Topic: I'm All In - Sold My House! - page 42. (Read 112579 times)

legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
October 24, 2014, 12:47:28 AM
How is selling the house to buy bitcoin working out so far?

Working out great!   Cry



LOL damn go to a homeless shelter.

Is anyone here has a proof that this guy is real? I am a bit interested with whats he doing right now.

He's been in the Canadian news, don't see any reason to lie about it
full member
Activity: 195
Merit: 100
October 23, 2014, 11:26:29 PM
How is selling the house to buy bitcoin working out so far?

Working out great!   Cry



LOL damn go to a homeless shelter.

Is anyone here has a proof that this guy is real? I am a bit interested with whats he doing right now.

You could ask him yourself.He's still lurking somewhere around here( he was here yesterday).
newbie
Activity: 22
Merit: 0
October 23, 2014, 10:08:42 PM
How is selling the house to buy bitcoin working out so far?

Working out great!   Cry

https://i.imgur.com/AJ6RTV0.jpg

LOL damn go to a homeless shelter.

Is anyone here has a proof that this guy is real? I am a bit interested with whats he doing right now.
member
Activity: 77
Merit: 10
October 23, 2014, 04:07:40 PM
How is selling the house to buy bitcoin working out so far?

Working out great!   Cry



LOL damn go to a homeless shelter.
sr. member
Activity: 378
Merit: 254
October 23, 2014, 03:50:30 PM
Really, how many more "I told you so" posts? The man made a decision. If he was smart enough to sell the house back then , im sure he will have put those btc to work.
 If he just spend a couple hundreds on the likes of PBMining or GAW, he probably is up by around + $30,000 USD or more in the last months. Even at this price.
 I wonder how many $5.50 per hour dudes are bashing this poor guy here. Its the internet, i guess.

If he was "smart enough" to sell his house for BTC, he probably compounded his losses by "putting it to work" on Bitcoin's premiere securities exchange, Havelock.
..thus losing the rest of his money, at any price.

*US minimal wage is 7.25 USD per hour, has been since 2009.  So no "$5.50 per hour dudes" here, gramps.
sr. member
Activity: 265
Merit: 250
Honni Soit Qui Mal i Pense
October 23, 2014, 02:34:46 PM
Really, how many more "I told you so" posts? The man made a decision. If he was smart enough to sell the house back then , im sure he will have put those btc to work.
 If he just spend a couple hundreds on the likes of PBMining or GAW, he probably is up by around + $30,000 USD or more in the last months. Even at this price.
 I wonder how many $5.50 per hour dudes are bashing this poor guy here. Its the internet, i guess.

full member
Activity: 168
Merit: 100
October 23, 2014, 02:29:59 PM
How is selling the house to buy bitcoin working out so far?

Working out great!   Cry


That's funny but actually sad. If OP did really do that stupidity and didn't save anything, he is going to end up like that.
full member
Activity: 481
Merit: 102
October 23, 2014, 02:09:22 PM
I am back Smiley Been busy doing other things since I sold my house for bitcoin, and haven't really been following the price that closely. I check every so often and lo and behold it is back to $660+ right now!!!!!!! Well it looks like my $400K investment is going to make me a millionaire very soon. Now back to what I was doing... enjoying life.

holy shit, man. I wonder if he's checked it lately?

I feel really bad for this guy

But he's probably not alone
full member
Activity: 336
Merit: 100
October 23, 2014, 01:38:03 PM
I am back Smiley Been busy doing other things since I sold my house for bitcoin, and haven't really been following the price that closely. I check every so often and lo and behold it is back to $660+ right now!!!!!!! Well it looks like my $400K investment is going to make me a millionaire very soon. Now back to what I was doing... enjoying life.

holy shit, man. I wonder if he's checked it lately?
legendary
Activity: 2842
Merit: 1511
October 23, 2014, 12:14:45 PM
Its only crazy if it's all you've got, it might be a small fraction of his net worth for all we know

He inadvertently admitted otherwise. It's a minimum of 43%.
sr. member
Activity: 378
Merit: 254
October 23, 2014, 11:18:27 AM
...
Why would he cash out though if the price is not satisfactory?
...

Because the price is getting less satisfactory by the day?

I see that as a positive because the rate of adoption is currently  too low and new  people are unlikely to buy in at 1200+usd
per coin ...

So...  If the price starts going up, you'll get worried, right? Cheesy

Pro trading tip:  Buy low, sell high.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
October 23, 2014, 10:32:10 AM
...
Why would he cash out though if the price is not satisfactory?
...

Because the price is getting less satisfactory by the day?

I see that as a positive because the rate of adoption is currently  too low and new  people are unlikely to buy in at 1200+usd
per coin

This will help raise  the overall price eventually, the guy with the house is obviously a believer in btc like myself so he would rather take the btc than the 400k Canadian dollar

If I had the same choice, i would also prefer the Coins.....

Its only crazy if it's all you've got, it might be a small fraction of his net worth for all we know
legendary
Activity: 1159
Merit: 1001
October 23, 2014, 10:16:21 AM
How is selling the house to buy bitcoin working out so far?

Working out great!   Cry

legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
October 23, 2014, 10:11:21 AM
I guess you don't have a wife or a child. Right?

Wrong, I have both and I also am  heavily involved in btc and I believe it has a bright future but it needs time to realise it's potential and people who are only in to see quick returns will probably get skinned alive by bigger fish that can afford to ride the waves    
sr. member
Activity: 378
Merit: 254
October 23, 2014, 10:09:34 AM
...
Why would he cash out though if the price is not satisfactory?
...

Because the price is getting less satisfactory by the day?
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
October 23, 2014, 10:01:13 AM
If It was spare money i don't see the problem

 Im sure  he's not posting from a cardboard box so it was likely a spare house
 that he didn't live in anyway

It will take the next ath  which maybe anytime in the next 0.5-2 years and he might  be
able to buy the whole  street  ....  Grin

Its high risk, what if bitcoin drop half instead?

Then he loses half the value of the investment,  did you really need to ask?

Why would he cash out though if the price is not satisfactory?

From what he has written he didn't live at that house anyway so it's a gamble of course but if he can afford   it I am of the opinion it will  pay off over a long enough time frame and it will turn out to be better than taking 400k in dollars but only time will tell
hero member
Activity: 1022
Merit: 500
October 23, 2014, 09:04:35 AM
If It was spare money i don't see the problem

 Im sure  he's not posting from a cardboard box so it was likely a spare house
 that he didn't live in anyway

It will take the next ath  which maybe anytime in the next 0.5-2 years and he might  be
able to buy the whole  street  ....  Grin

Its high risk, what if bitcoin drop half instead?

He will have invested and lost; I think if you think Bitcoin will succeed and you have 100,000$ in your bank account, a good salary and no debt, it is reasonable to invest 10,000$ or 20,000$ in Bitcoin; maybe 30,000$ if you are willing to take a lot of risks
newbie
Activity: 35
Merit: 0
October 21, 2014, 11:13:22 AM
I guess you don't have a wife or a child. Right?
sr. member
Activity: 273
Merit: 250
October 21, 2014, 09:12:07 AM
If It was spare money i don't see the problem

 Im sure  he's not posting from a cardboard box so it was likely a spare house
 that he didn't live in anyway

It will take the next ath  which maybe anytime in the next 0.5-2 years and he might  be
able to buy the whole  street  ....  Grin

Its high risk, what if bitcoin drop half instead?
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
October 21, 2014, 05:26:13 AM
If It was spare money i don't see the problem

 Im sure  he's not posting from a cardboard box so it was likely a spare house
 that he didn't live in anyway

It will take the next ath  which maybe anytime in the next 0.5-2 years and he might  be
able to buy the whole  street  ....  Grin
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