Quote from: Poker Player on Today at 07:18:20 AM

Quote from: topbitcoin on December 01, 2021, 06:02:00 PM

Mansion in my country with current price need at least 2 Bitcoin. Because in town a normal house can cost 1 coin and it is right depends on what country and location of the house. My house if price now need 0.3 BTC at current price, maybe if price can increased x2-x3 from now, people who hold 0.1 BTC can buy house in village because still cheap.

To me what's funny about this whole debate, and specifically the OP's idea of the Mansion is that he doesn't mention maintenance. Even if that amount gives you enough to buy a mansion, on an average salary it doesn't give you anywhere near enough to maintain it, meaning you're going to have to sell it, and probably for a lower price than you bought it for. You wouldn't be the first person to win the lottery and that happens to you.

More generally, that amount will hopefully have a much higher purchasing power in the following cycles, but the worst thing you can do is to spend it on a fancy thing, better to spend small parts, that way you don't eat your net worth and you can enjoy the profits.

We have the same thoughts. Even if Bitcoin hit a much higher value, building a mansion does not end on its mere constructions, but more more so on maintaining its structure which entail a whole lot more expenses. But more than that, if ever you’ll get to hold 0.1 BTC, I am not one to agree that is wise to just spend to have a mansion. It is way better to use it for investments and let it grow. Well, that’s just my personal opinion.