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Re: Two types of Bitcoiners, Which are you?
by
Positid
on 25/10/2016, 08:33:14 UTC
Type 1, "I cant wait for the price of Bitcoin to rise so I can buy a new Lamborghini with my Bitcoin."


Type 2
, "I cant wait for the price of Bitcoin to rise so I can sell my bitcoin and buy a new Lamborghini."

(Just want to clarify that the car isn't important in these two statements, but rather the Spend VS Sell)



i'm using number 1 option because i don't want to pay any transaction fee if the price will go high for to able to buy new car i guess the system already will adopt bitcoin payment so i can buy it directly, although its still a long hold to wait but if things comes on my way and the price really rally that big i will be the happiest person in my place,.

If we can use our bitcoins directly to buy a car then there is no point in selling them and converting to fiat as it will involve higher conversion fees, so its better to buy a car by paying in bitcoins and get rid of conversion fees.
I hope that was easy but I have not seen any business in our place that accepts bitcoin for their car business. If there's one then maybe I will consider to buy as long as the papers will be made to be legal, but I doubt it will happen soon.