Post
Topic
Board Speculation
Re: I'm All In - Sold My House!
by
RookieMonster
on 14/11/2014, 16:26:33 UTC
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 Smiley

Tay More

This is the most foolish thing I've read in a great deal of time. If you could not tempt the gods of poetic justice into crashing the price of BTC.

Do you have any idea of the real underlying threats to BTC. I, for one, think it's fantastic and have more faith than most but any number of serious threats could be lurking even now.

A 51% attack is not completely ruled out. Most medium sized governments could make short work of the BTC blockchain is they felt inclined.

Quantum Computing will obliterate the elliptical cryptography algorithms that underlie BTC.

We've had a persistent and undivided downward trend for 11 months now.

Invest by all means, but you must have balls of steal and a brain of brass to go with them.