{"id":32615,"date":"2021-06-01T15:24:40","date_gmt":"2021-06-01T03:24:40","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32615"},"modified":"2021-06-01T15:24:40","modified_gmt":"2021-06-01T03:24:40","slug":"sellers-allow-homebuyers-to-pay-in-bitcoin-but-experts-warn-of-highly-volatile-currency","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sellers-allow-homebuyers-to-pay-in-bitcoin-but-experts-warn-of-highly-volatile-currency\/","title":{"rendered":"Sellers allow homebuyers to pay in Bitcoin but experts warn of &#8216;highly volatile&#8217; currency"},"content":{"rendered":"<p><strong>PHOTO: Bitcoin<\/strong><\/p>\n<p class=\"_1HzXw\">Queensland&#8217;s\u00a0peak real estate body says vendors need to think carefully about accepting cryptocurrencies as payment for the sale of their homes.<\/p>\n<section class=\"vB11C _1tnlo _1w6Cw _1pc-9 _2EbnQ\" role=\"contentinfo\" aria-label=\"key points\" data-component=\"KeyPoints\" data-uri=\"coremedia:\/\/teaser\/100163216\">\n<h2 class=\"_3mduI _2gTdF _1deB8 jwLlj _1O6ck _1GKnS _2o9MN _1-RZJ\" data-component=\"Heading\">Key points:<\/h2>\n<ul class=\"W8pqX\" role=\"list\" data-component=\"List\">\n<li class=\"\" data-component=\"ListItem\">A <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Gold+Coast&amp;submit=Search\">Gold Coast<\/a> real estate agent says he will accept digital currencies as payment<\/li>\n<li class=\"\" data-component=\"ListItem\">Experts say cryptocurrencies are\u00a0highly volatile and risky<\/li>\n<li class=\"\" data-component=\"ListItem\">Bitcoin, as one example, records dramatic changes in value<\/li>\n<\/ul>\n<\/section>\n<p class=\"_1HzXw\">The owners of at least two Gold Coast properties currently listed for sale will allow buyers to pay with digital currencies, like Bitcoin.<\/p>\n<p class=\"_1HzXw\">The Real Estate Institute of Queensland (REIQ) said cryptocurrencies were approved for use in Australia.<\/p>\n<p class=\"_1HzXw\">But corporate affairs manager Olivier Bjorksater-Bleyock\u00a0advised vendors and potential\u00a0buyers to be cautious.<\/p>\n<p class=\"_1HzXw\">&#8220;When it comes to using cryptocurrencies, such as Bitcoin for real estate, it can become a little tricky because of the high volatility,&#8221; Mr Bjorksater-Bleylock said.<\/p>\n<aside class=\"_1w6Cw _1pc-9 _2b4MK\" data-component=\"Pullquote\">\n<blockquote class=\"_3imm8\">\n<p class=\"_1HzXw\">&#8220;That means that its price can change daily, in quite extreme circumstances, sometimes in excess of $10,000 per day.<\/p>\n<\/blockquote>\n<\/aside>\n<p class=\"_1HzXw\">&#8220;So to actually assign an actual price in Bitcoin, or any other cryptocurrency to a property, can be quite difficult.<\/p>\n<p class=\"_1HzXw\">&#8220;It means then you&#8217;d have to negotiate that price in a very short period of time.&#8221;<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.abc.net.au\/news\/2021-05-27\/buying-property-with-bitcoin\/100155992\">ABC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Bitcoin Queensland&#8217;s\u00a0peak real estate body says vendors need to<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/sellers-allow-homebuyers-to-pay-in-bitcoin-but-experts-warn-of-highly-volatile-currency\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":32616,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478098853,478115483,478098856,478098516,478116306,478109515,478098519,478098535,478116307,478098513,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098828,478098921,478098509,478098788,478102378],"class_list":["entry","author-data123nz","post-32615","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-bitcoin","tag-cryptocurrencies","tag-cryptocurrency","tag-gold-coast","tag-gold-coast-properties","tag-gold-coast-real-estate-agent","tag-home-ownership","tag-house-prices","tag-olivier-bjorksater-bleyock","tag-property","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-agents","tag-real-estate-franchise","tag-real-estate-news","tag-reiq","tag-the-real-estate-institute-of-queensland"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sellers allow homebuyers to pay in Bitcoin but experts warn of &#039;highly volatile&#039; currency - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/sellers-allow-homebuyers-to-pay-in-bitcoin-but-experts-warn-of-highly-volatile-currency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sellers allow homebuyers to pay in Bitcoin but experts warn of &#039;highly volatile&#039; currency - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Bitcoin Queensland&#8217;s\u00a0peak real estate body says vendors need toRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/sellers-allow-homebuyers-to-pay-in-bitcoin-but-experts-warn-of-highly-volatile-currency\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-01T03:24:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/06\/Bitcoin.jpg?fit=626%2C417&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"626\" \/>\n\t<meta property=\"og:image:height\" content=\"417\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Property Noise Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/sellers-allow-homebuyers-to-pay-in-bitcoin-but-experts-warn-of-highly-volatile-currency\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/sellers-allow-homebuyers-to-pay-in-bitcoin-but-experts-warn-of-highly-volatile-currency\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"Sellers allow homebuyers to pay in Bitcoin but experts warn of &#8216;highly volatile&#8217; 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