Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
Zorrocoin
on 09/11/2015, 14:20:47 UTC
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin! Wink
I agree completely. The day the value touches that high a level more and more product and service vendors will start accepting BTCs in payment and transactions. Hope to see that day soon.