Bitcoin vs Real Estate in the coming years

[Vidar K.]

So... I have been following the Bitcoin-market since the bullrun when I lost a for me substantial amount of money. 

Since then i have also realised that cryptocurrencies and stocks can be traded with the help of technical analysis. Yes I know, some people dismiss it before they read the whole sentence. And some people surely will dismiss anything related to cryptocurrencies without having much knowledge about the matter. 

Anyway. I think it is time to talk about Bitcoin vs Real Estate, the way the markets are right now. If we stand in front of a stock-decline, what then with real estate? And what with Bitcoin? 

I personally think Bitcoin will do good the coming years so I'm actually contemplating selling some real estate to buy Bitcoin. 

Anyone else have the same thought? Am I crazy to think like this? Clearly a bit crazy but since I don't have family-obligations maybe this is the time to take the leap. 

[Frank Wong]

Originally posted by @Jack Medford:

Originally posted by @Charles Kao:

@Vidar K.

Bitcoin will never outperform

real estate. If Bitcoin is around in 20

years I will be surprised. The concept

is great but the federal

government just has to create its own federally backed cryptocurrency and cryptocurrency is done.

https://www.chicagotribune.com/business/ct-biz-qua...

There is a new cryptocurrency everyday and like the early 1900s when each bank in a state got to print their own money unregulated currencies fail.

Bitcoin will never outperform real estate? It already has! If you bought in 2015 and held through 2017 then you got better returns than any real estate investor could ever dream. Same can be said for the period from December 2011 through 2013.

I'm not going to suggest that cryptocurrencies are the best investment for everyone. To be real, the market is in a state similar to gold, in that people purchase hoping the value will rise to sell it to someone later at a higher price. That said, Bitcoin (and crypto in general) has outperformed real estate numerous times, even through the amazing Real Estate bull run we've seen. It has, of course, also seen devastating drops that are never seen in real estate. 

In addition, there are a number of currencies working on concepts that provide passive income (such as master nodes). There are a lot of interesting things happening in this space, and to write off the entire market is foolish. It appears similar to when when dot com companies were all the rage. Yes, most failed. However, incredible innovations came from that space, and if you were one of the lucky that paid enough attention to separate the wheat from the chaff then you made a lot of money. Same opportunity is presenting itself in crypto. 

And no, killing crypto is not as easy as the Fed creating their own coin. That may kill some coins in the space, but it certainly will not kill all. Many people seem to think that every cryptocurrency is just a copy of Bitcoin, or that they are all trying to accomplish the same goal. This couldn't be farther from the truth. If the Fed came out with a "Bitcoin Killer" they would be squashing only one section of the ever growing crypto marketplace. 

 Jack to be fair here.  You can't just block out a time period of the market and say bitcoin outperforms Real Estate from 2015-2017.  How about Dec 2017- to now?  $20k down to $5k.  Any real trader and investor know you cant just block out periods of time.  Hindsight is always 20/20. 

I like blockchain and think this is certainly a technology of the future, but I am old school.  I like something tangible and I like owning necessities in life.  I know 100% of people will need shelter today and 50yrs from now.  I have no idea if bitcoin will be here 50yrs from now.