Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
Amph
on 13/04/2016, 14:27:34 UTC
Quote from: Icathia on April 13, 2016, 01:41:14 PM
Quote from: Nimbulan on April 11, 2016, 05:34:38 AM
Quote from: Karartma1 on April 10, 2016, 07:20:19 AM
Let's have a very high bitcoin price and I can definitely tell you that my last problem would be the one of buying a new house.  Grin
So, again: give me a high bitcoin price and I will act accordingly!  Wink Wink Wink
to be honest it is impossible for the bitcoin price to grow that much right now thus you wont be able to buy a house for your btc for a really long time in my opinion

though if the price would go up that much i think you should buy eeverything you want if it makes you rich because after some time the price might fall once again
It is not that bad to buy a house with Bitcoin because to invest in a house is one of the best investments that you can make and that is nice for you and later for the future.
A house will almost never fall down in value so that is good for later if you can have some more profit if you are selling the house in the future.


this is wrong, even house can fall in value if the market for property fall, no demand = value go down this is true for every market out there

and the value go way down, faster if your house is not in a strategic place for example