Who here has invested with an online currency and is it the future of flipping?

However, that will change soon.I currently have one SFR in South Africa which is going along quite nicely but I don't know how beneficial it will be to my San Diego goals because of fees, taxes, currency conversion etc.

That is a big sticking point with me is the non-compete, but I also will be working a full time job and most of the projects I will be overseeing.We had first discussed a line of credit and I pay pack interest on what I take, for ex. if I bought a house for 70k and needed 30 k reno, I would borrow the 100k, then pay back 10% on that plus 15% of the profit. 

@John Hyre and @Jon HoldmanI know people say it’s a “contribution” or “excess contribution” however with Iras contributions have to be made in currency.

I agree it's not (yet) a stable currency.

It is tougher when California or similar will take reduced yields to purchase and do not have the currency conversion loss the Canadians do.For me to work with foreign clients these days they have to have researched all the taxes, withholding,financing,return issues and be realistic about the numbers.

So a 14 trillion dollar economy in the US plus the global economy will overnight switch to crypto currencies that are backed by anonymous hackers somewhere?

And currency from Rands to USD.

I can easily get that here in the US without the political and currency risk.Now if you could show I would have 10% yield with a likely 100% valuation pop in a couple years, that gets more interesting.

We watched the pound to dollar rate, and we transferred the funds when the currency was in an advantageous position.