1 BTC/Lambo is so far anymore. Maybe Christmas? Or I wish too much?
Too much wish. I would like a slow and steady ride.
Christmas, no chance. 1
BTC = 1 Lambo a few years away imo.
Let's just say hypothetically that a WO guy or gal (the one in here) were to be inclined to purchase a brand new Lambo with 1BTC, once Lambos were within that price range - or bitcoins were within that level of price appreciation.
How many BTC would you say would be prudent to be in that person's BTC holdings or the level of that person's wealth, more or less, to make it prudent to use one BTC on a lambo? Perhaps the equivalency of at least 10 BTC? If you have the wealth equivalency of 10BTC when a Lambo is worth 1 BTC, then you can prudently afford a lambo, in my level of thinking about prudence.
Of course, other guys and gal might come to a different conclusion than me, and be willing to allocate their value towards a lambo with much less of a value cushion. Personally, I think it would be somewhat reckless to have less than 5 BTC of value and to apportion 1 BTC towards a lambo.. but, hey that's me.
Spending 1 BTC on a lambo when you have 10, it's still as dumb as it gets. You are putting 10% of your wealth on a god damn car, which will not stop there because those cars are high maintenance. So you better be making at least 10k a year only reserved for the car.
If you had 20.. then maybe, and it couldn't be one of the brand new ones, should be something more modest like an used Gallardo which goes for around 90k.
You'll also have to deal with taxes, because you can't buy a car or a house without getting taxed the fuck out, which means having to report where every single satoshi comes from, which is a nightmare within itself. I have for instance payments from signature campaigns from years ago which im not sure how I should exactly prove they come from there as the websites don't exist anymore (Coinut for instance, used to pay you on their website, and I didn't took any screenshots of the payments or anything... so you tell me). Then there's the forks nightmare, then there's the trading which occurred on exchanges which no longer exist nightmare... and so follows. Those are just motivations to hodl the thing, I don't even want to think about any of that. Im hoping there's some sort of amnesty at some point and we are allowed to sell without having to deliver all those details from ages ago which nobody has kept track of 100%.