Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
This is the kind of deal I'm hoping for. Even if I don't get a lambo it's a nice profit to make.
https://bitsonline.com/lamborghini-bitcoin-saddington/
At a guess if he'd hodled he would be a multi millionaire by now. Maybe I won't be getting a lambo after all.
https://bitsonline.com/lamborghini-bitcoin-saddington/
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... having bought his first bitcoin way back in 2011. When he bought in, the bitcoin price was $2.52.
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Come October 2017, and Saddingtons cheap investment from 2011 had earned enough profit to allow him to purchase the Lamborghini. Rather than selling his coins at an exchange and buying the car with fiat, however, Saddington made the entire purchase with bitcoin.
Based on what he paid for the bitcoins in 2011, Saddington said his car only cost around $115. Profit from the skyrocketing bitcoin price took care of the rest.
He bought the car in despite the Bitcoin Lambo memes warning against buying a car with the rapidly-appreciating bitcoin. Saddington acknowledged that his purchase may end up costing him $20 million in the future as bitcoins value goes up. But sometimes you just have to reward yourself, he said.
Based on what he paid for the bitcoins in 2011, Saddington said his car only cost around $115. Profit from the skyrocketing bitcoin price took care of the rest.
He bought the car in despite the Bitcoin Lambo memes warning against buying a car with the rapidly-appreciating bitcoin. Saddington acknowledged that his purchase may end up costing him $20 million in the future as bitcoins value goes up. But sometimes you just have to reward yourself, he said.
At a guess if he'd hodled he would be a multi millionaire by now. Maybe I won't be getting a lambo after all.
I certainly wouldn't pay 45 BTC for a car. (if I'm not mistaken that's about the BTC he paid)
But I understand when he is talking about the reward you need to give yourself from time to time...
Everyone needs a reward sooner or later, it just gets expensive with Bitcoin.
*drying off with $8,000 towel.*
That's EPIC!
In my case, I'm currently using a $2000 Trezor...
At least we haven't been eating $90M pizzas (yet)!
I have a couple $1,300 sandwiches
Dont forget my $33,000 iphone 6..
(1.8 BTC on feb 2016)
I had a bloke code some stuff that I can code now myself in 1 hour. Only 25 BTC
I have a $15,000 Chinese intercooler setup, lol <about
Sold .8 to make it happen when I think BTC was just under $300