Topic: I'm All In - Sold My House! - page 54. (Read 112579 times)
Hey, it's not all bad... and I doubt they can ban it now... http://www.coindesk.com/congressman-jared-polis-accepting-bitcoin-donations-following-fec-ruling/
Gov doesn't need to ban bitcoin, it just keeps pushing bad news, it'll get what it want 
Certainly bitcoin was a winner at $40, what i mean is to protect yourself from the volatility of bitcoin. It can go back down to $40 just as fast because of fiat mostly. Government could easily say hey this is a threat to our fiat and ban it, like several have already done. In the US it is being investigated for just that reason and the fact it can be so usually be used by shady practitioners in their respective criminal endeavors. All it takes is a bill to be passed into law to make bitcoin lose huge capital.
So i say invest in something that you know backers of fiat will never ban or highly restrict, like and gold and silver which has a much better, very low volatility. Because if it ever came down to the more world powers feeling their currency of choice being threatened, you can bet bitcoin will be the one losing.
Sure save some of that btc, because like all things volatile it can shoot up in price too. I just hate the fact that if someone sneezes or passes a little bad gas in a sense, btc wildy fluctuates to that. Imagine if regulations and laws that are being considered are passed in the US. Alot of us would be losing big time
I guess in the end it boils down to whether or not you believe the Gov can 'ban' bitcoin... I personally believe that's not possible. That doesn't necessarily mean they won't try and at the same time make posturings to show everyone that they are in charge and running things... it just means they won't succeed. IMHO. So i say invest in something that you know backers of fiat will never ban or highly restrict, like and gold and silver which has a much better, very low volatility. Because if it ever came down to the more world powers feeling their currency of choice being threatened, you can bet bitcoin will be the one losing.
Sure save some of that btc, because like all things volatile it can shoot up in price too. I just hate the fact that if someone sneezes or passes a little bad gas in a sense, btc wildy fluctuates to that. Imagine if regulations and laws that are being considered are passed in the US. Alot of us would be losing big time
Hi All,
I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.
http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html
Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck
Tay More
I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin.
http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.html
Not sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck
Tay More
Wow! You are taking some risks but it may be awesomely, make sure to build a career in case it doesn't work
Invest some of that into something alot more solid then bitcoin and protect yourself.
Gold maybe silver. Congrats but play it safe
I bought bitcoin @ $40 INSTEAD of buying gold and silver... which do you think was the best investment over the past 12 months?Gold maybe silver. Congrats but play it safe
But it woks both ways. Many people bought at $800 too. It wouldn't SEEM to be a wise investment now.
Certainly bitcoin was a winner at $40, what i mean is to protect yourself from the volatility of bitcoin. It can go back down to $40 just as fast because of fiat mostly. Government could easily say hey this is a threat to our fiat and ban it, like several have already done. In the US it is being investigated for just that reason and the fact it can be so usually be used by shady practitioners in their respective criminal endeavors. All it takes is a bill to be passed into law to make bitcoin lose huge capital.
So i say invest in something that you know backers of fiat will never ban or highly restrict, like and gold and silver which has a much better, very low volatility. Because if it ever came down to the more world powers feeling their currency of choice being threatened, you can bet bitcoin will be the one losing.
Sure save some of that btc, because like all things volatile it can shoot up in price too. I just hate the fact that if someone sneezes or passes a little bad gas in a sense, btc wildy fluctuates to that. Imagine if regulations and laws that are being considered are passed in the US. Alot of us would be losing big time
When you buy a home and take a loan of 90 % to be paid by future wages, you in fact go all in on a single asset with a 10 to 1 leverage. That is risky.
transactions are protect by crypto ... should I draw 2+2 ?
our community is the new generation of thinkers about these problems ... simple as that ...
Nasdaq, invest in us !
our community is the new generation of thinkers about these problems ... simple as that ...
Nasdaq, invest in us !
Invest some of that into something alot more solid then bitcoin and protect yourself.
Gold maybe silver. Congrats but play it safe
I bought bitcoin @ $40 INSTEAD of buying gold and silver... which do you think was the best investment over the past 12 months?Gold maybe silver. Congrats but play it safe
Invest some of that into something alot more solid then bitcoin and protect yourself.
Gold maybe silver. Congrats but play it safe
I bought bitcoin @ $40 INSTEAD of buying gold and silver... which do you think was the best investment over the past 12 months?Gold maybe silver. Congrats but play it safe
But it woks both ways. Many people bought at $800 too. It wouldn't SEEM to be a wise investment now.
Invest some of that into something alot more solid then bitcoin and protect yourself.
Gold maybe silver. Congrats but play it safe
I bought bitcoin @ $40 INSTEAD of buying gold and silver... which do you think was the best investment over the past 12 months? Gold maybe silver. Congrats but play it safe
Maybe op has other hause or place to live a good job and hes not like watching the graphs everyday as we think.. if hes ok with money he can easily let the coins rot either to loss everything or to make him millionarie in some time
Invest some of that into something alot more solid then bitcoin and protect yourself.
Gold maybe silver. Congrats but play it safe
Gold maybe silver. Congrats but play it safe
i am currently looking to get into cryptos as i have maybe a little over extended my self in silver (tiny bit of gold)
not that i have massive amounts, i am low income, and when i get paid, after bills and food + a little bit of fun, everything else goes into metal.
i was watching bitcoin from $4 thinking, i should get me some
never did... now i have to play the minnow game, trading in and out of minor currencies in order to try and scrape together some coins. i look back in stupidity, and think, i was buying $30 silver, when i could have being buying $30 BTC...
*punches my self in the face*
Im all in again ..I sold my wife & kids into teh white slave market
Got a great family pakage deal as well ..
What's the bitcoin/immortal soul pair exchange rate these days?Got a great family pakage deal as well ..
Wife ..swedish with blue eyes blond hair ..(few miles on the clock but in good shape
) 100 BTC 6 year old boy Blonde hair blue eyes ...perfect for instant family transplant ... 200 btc
2 1/ yr boy blonde hair hazel eyes (best to last ) perfect for family line protection plan 500 btc
I was really happy and eveything went smoothly ..If things goe well i hope to buy them back with my profits
Ive expolained to look on it as a intercative adventure holiday ...lolz
Invest some of that into something alot more solid then bitcoin and protect yourself.
Gold maybe silver. Congrats but play it safe
Gold maybe silver. Congrats but play it safe
Im all in again ..I sold my wife & kids into teh white slave market
Got a great family pakage deal as well ..
What's the bitcoin/immortal soul pair exchange rate these days? Got a great family pakage deal as well ..
Im all in again ..I sold my wife & kids into teh white slave market
Got a great family pakage deal as well ..
Got a great family pakage deal as well ..
I hope you sold their spare kidneys separate for extra $$$.
Young people these days don't have the patience to HODL even for a few months. He's already wasted a good chunk, if not all, of the 648 bitcoins he had when he sold his father's house.
[edited for spelling]
You sound like my grandmother [edited for spelling]
Im all in again ..I sold my wife & kids into teh white slave market
Got a great family pakage deal as well ..
Got a great family pakage deal as well ..
Young people these days don't have the patience to HODL even for a few months. He's already wasted a good chunk, if not all, of the 648 bitcoins he had when he sold his father's house.
[edited for spelling]
[edited for spelling]
Jump to: