This Is Bizarre: A Seller Is Pricing His Miami Condo Inwards Damage Of Bitcoin

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Title : This Is Bizarre: A Seller Is Pricing His Miami Condo Inwards Damage Of Bitcoin
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This Is Bizarre: A Seller Is Pricing His Miami Condo Inwards Damage Of Bitcoin



H5N1 penthouse condo inward Miami is for sale as well as the seller has priced his condo inward terms of bitcoin. He wants 33 bitcoins for his condo, reports CNBC.

Bitcoin is currently trading but about $16,500, which way the condo is priced at roughly $544,500.

But the matter is that the bitcoin cost is as well as then volatile that a transaction at 33 bitcoins mightiness endure undoable.

With the wild swings inward the bitcoin price, it is possible to encounter an growth inward the cost of bitcoin past times to a greater extent than than 50% over a 2 calendar week period. Thus, the cost would terminate upward existence but about $780,000 for the condo. Unless the buyer is attempting to wash some bitcoins why would mortal endure willing to pay 50% over marketplace for the condo?

If the cost of bitcoin crashes inward coming weeks, is the seller actually going to snuff it along the cost at 33 bitcoins or volition he suit the publish of bitcoins to snuff it along the dollar cost steady so signaling that the condo is actually existence sold inward dollar pricing terms, not bitcoin?

This is all real gimmicky.

I say,  if you lot walk inward amongst dollars, the buyer takes the dollars.

  -RW




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