Expect a massive bull run today. I’m buying a house with Bitcoin. Also, expect a crash in the housing market.
The seller’s realtor was skeptical that it was legitimate money because my proof of origin of funds was from a crypto exchange Edit: Sorry I disappeared, I was buying a house! it is an investment property less than 50 miles away (and I’m not selling my home), and I’m retired so I couldn’t get a mortgage (you qualify by debt to income ratio only, assets don’t count for investment property apparently). I found out the day before closing. So I had to sell some precious bitcoin to pay cash. So yes, now I will have to pay taxes on my BTC gains, in addition to all the other taxes. Theoretically however, even if I straight up purchased with BTC, I would still have an obligation to pay taxes on the gains.
I have read on another forum (offshorecorptalk) that people can buy property, cars and luxury in Switzerland, UAE and even places in the USA. I wonder if there are other places inside the EU where it may be possible?
Just remember that your home should not be viewed as an investment or a savings vehicle. It costs significant dollars to own and maintain a house. Therefore, the majority of one's wealth should not be tied up in housing. Buy Bitcoin instead and rent your home.
Costs to own and maintain Bitcoin and a full node are negligible compared to the costs of owning and maintaining a home.
Saw this while cycling my bike on the UK. Don’t quite get why you’d buy a house if you had 250 bitcoin but still, interesting and great to see even if it looks dodgy and scam like (I checked out the website and it didn’t exist)
Just remember that your home should not be viewed as an investment or a savings vehicle. It costs significant dollars to own and maintain a house. Therefore, the majority of one's wealth should not be tied up in housing. Buy Bitcoin instead and rent your home. (x-post from /r/Bitcoin)
Will banks let you take out a loan? Will another entity use that as collateral? I don't want to sell my BTC, but if I was going to transfer BTC to a house, I won't feel bad about it. I hope my question made sense.
"Buying Bitcoin is like gambling. And everyone knows, you don't get really rich by being a gambler. You get really rich... by being the house."
You may recognize this quotation from Ben Mezrich's fast and entertaining read, Bitcoin Billionaires, about the Winklevoss twins and their post-FB foray into crypto. So here's my question, how is BTC all that decentralized when we still must rely on fat-cat middlemen, such as Coinbase or Gemini, to buy BTC? Just for kicks, I bought some BTC with the spare cash in my wallet recently at a kiosk. My $200 rapidly became $175 by the time Coinme took their cut and deposited my Santoshis into my digital wallet. I'm taking baby steps into crypto and am already feeling burned. How can we get access to BTC and truly cut out the billionaires in the middle like the Winklevi and B. Armstrong (sorry, don't know if he is a billionaire, but surely Coinbase is about to make him one)? Thank you for reading.
07-03 09:34 - 'Crazy how with a 5,000 dollar investment you could buy your first house or have a million dollars in the bank account within 2 years 🤯' (v.redd.it) by /u/tiotopcafebread removed from /r/Bitcoin within 65-75min
Luxury Homes in Dubai Are Easy Buy for Bitcoin Millionaires. March 12, 2020. 320. Share. Twitter. Facebook. Linkedin. WhatsApp. Viber. Pinterest. ReddIt. Email . Print. CORONAVIRUS IMPACT. Here is an exclusive residential project on the beachfront of Dubai that is a perfect investment opportunity for the lucky ones who profited from the bitcoin boom and who want to convert their digital assets ... Well, if you're looking for a novel and (pseudo) anonymous way to purchase a house, you should. For all its volatility, bitcoin is on the rise when it comes to real estate listings. For the ... Buy Bitcoin; Buy Ethereum; Buy Litecoin; Buy Ripple; Buy Bitcoin Cash; Contact. Support +33 (0)1 53 00 92 60. Subscribe to our newsletter and become an informed investor! Invalid email address. Coinhouse SAS with a capital of €10,000, RCS Paris 815 254 545, registered office: 14 avenue de l’opéra 75001 Paris. Registered with the AMF for the activities of buying/selling digital assets ... You can now buy a house with Bitcoin – and not just any house. Investors can afford expensive mansions and villas with Bitcoin alone. And that makes the Bitcoin even more interesting than it already is. The Rising Price of Bitcoin. The first thing that has ever been bought with Bitcoins were two pizzas, for the price of 10,000 Bitcoins – then worth about $40. The value of the Bitcoin has ... But Bitcoin is also currency to buy things. There is a considerable number of businesses that accept Bitcoin as a method of payment. Between many things you can buy using Bitcoin, You can also buy a house with Bitcoin. The only thing you need to do this is that booth parts the seller and buyer agree to exchange bitcoin for the house. Another ...
Using Bitcoin to buy rent houses! Just made $80k using $20k of Bitcoin!
Bitcoin is a cryptocurrency built on blockchain technology. In this video, I answer the question "Can you buy a house with bitcoin?". Claim your $10 worth ... Buy A Home With Bitcoin? Here's How One Couple Did It CNBC - Duration: 1:41. CNBC 5,681 views. 1:41. Real estate developer wants to sell his $7.85 million mansion in Bitcoin (BTC) - Duration ... 23 YEAR OLD BUYS HOUSE WITH CRYPTOCURRENCY PROFITS ----- HODL ----- If anything, this video should be the primary reason why you need to HODL. This man turned a $4,500 investment from ... I have one crazy idea that I would like to share with you in the video, more specifically I would like explore why selling or refinancing the house for bitco... #cryptocurrency #BAKKT #Bitcoin #altcoin #binance #kucoin #coinbase #ripple #cryptocurrencynews,#xrp #bnb #neo #bakkt #fidelitydigitalassets #bitcoinprice #bitcoinnews,#bitcoinpump #bitcoindump # ...