Quote from: AlcoHoDL on Today at 06:57:05 PM

Quote from: philipma1957 on Today at 06:17:13 PM

Quote from: AlcoHoDL on Today at 04:43:25 PM

Quote from: lightfoot on Today at 02:39:11 PM

Quote from: Mihaylovic on Today at 10:06:29 AM

Soon ^^

At 130k (just a smidge over a bitcoin) you CAN buy a Baron 58....

Granted the engines are going to need a replacement in a few hundred hours, but enough time to figure out if you like it.

Just remember, you may look at it one day with the same mix of feelings I get when I look at my $60,000 Wii U....

With these kinds of vehicles, the owner usually feels immensely happy exactly two times: the time they buy them, and the time they sell them. In between, they tend to be huge stress-inducing money drains.

Much like a boat proper maintenance is brutal.

Yes, exactly. IMHO, these kinds of vehicles (private aircraft, yachts, etc.) require a stable multi-million or even billion-dollar wealth status. Single/double-digit millions won't be enough to properly maintain and enjoy them, and they can become more of a burden than a source of pleasure. There are different levels of Fuck-You status, and the "fuck" part can turn on you if you're not careful.

I am not sure if filthy rich status would be needed (a person with $100 million of wealth or more), but maybe something in the ballpark of $10 million or more, depending on what plane, yet here guys are showing planes that ONLY cost around 1 Bitcoin to buy, yet even with a $130k plane, the plane budget would probably need to be quite a bit more than that.. Even if we considered the plane as being on payments over a few years (maybe even up to a $1 million plane), but then we have various costs associated with using it, imagining a pilot since maybe many of us are not pilots, so then is our pilot a regular for us or do we rotate through pilots? Maybe it is also more reasonable to consider the benefits of various kinds of planes too?

I am going to just extrapolate out some kind of cost of the plane into a monthly/yearly plane budget so maybe we might get our plane on some kind of a payment plan with a down payment and then maybe paying it off around 20 years if it were a million plane (something like $8k per month for loan payments with a 7.5% interest rate) .... So just plane payments is around $100k per year, and then additional costs of owning a plane around $100k per year. That would be $200k a year for plane costs.

It seems to me that then we would just add those extra costs plane costs to our basic fuck you status, yet it seems that a person who has a private plane would perhaps have other extra private costs, then maybe he is going to need more than just entry-level fuck you status for his living expenses.. so we might need to consider doubling fuck you status for this particular guy from $80k to $160k, which to me means that this guy is going to need something like a $360k per year income in order to support his plane and the other kinds of things that guys with planes do.

I personally calculate regular plane guy to need something like 70 BTC right now in order to support a $360k per year income (around a $30k per month) budget. Of course, there are guys who could do it for less and guys who might need more, yet the devil is in the details. I am thinking that maybe the private plane guys have to use their private plane several times a year to just make it make sense as compared to just chartering a plane, since what would a private charter be? $20k to $60k per trip, depending on details... Of course, the more the guy uses his private plane, then it would boost up his costs.. so maybe he might need more of a budget than $200k per year if might be using it more than 10ish times in a year, yet cost per trip is probably lower the more that he uses it, so if he is traveling every week in order to take advantage of his plane then maybe his budget would be $400k per year rather than $200k per year?

Quote from: bitserve on Today at 10:26:10 PM

Quote from: Biodom on Today at 05:24:37 PM

[edited out]

And any villa/mansion about the same price or even one (or more) order of magnitude "cheaper" than a yacht big enough to throw a PROPER party... beats both the yacht and the plane by miles.

... Unless someone is rich enough to don't need to compare "value" and just be like "why not all of them".

Each of them have additional costs, and for sure, it seems like it could be a lot of work to have more things. So if the plane budget it around $200k per year, the mansion budget may well be a lot less, yet the yacht budget is likely similar or more than the plane. Getting all three likely adds additional costs, but some of the expenses could end up overlapping, such as having someone to manage all three of them, and such a manager might manage other matters too.

I will say keep the basic income at $160k per year

Plane budget $200k per year

Yacht budget $200k per year

Mansion budget $90k per year

Total $650k per year, which is currently ONLY right around 127 bitcoin... It is not even double the budget of the plane guy budget - even though from AlcoHoDL's earlier post, I am getting the sense that he is going to think that such a guy is going to be overly stretching himself and he needs more of a financial cushion to carry all of this off, which I suppose I am talking about entry level to being able to sustain such things... even though, I imagine that if we want to hire a reliable manager, we are not going to be able to get away with that for any less than $100k per year, so then if that manager is going to want to hire other folks from time to time, so then are the plane pilot and the Yacht captain full time employees and do we have a permananent ground person at the mansion too... . .so maybe to do these correctly the budgets for each have to be doubled... Perhaps? it is a matter of degree I suppose, and yeah there is likely a decently big difference if the budget were around $1.3 million or more per year versus the budget that is trying to skimp by at $650k per year..

Quote from: bitserve on Today at 10:49:16 PM

Quote from: AlcoHoDL on Today at 06:57:05 PM

[edited out]

The low end of both "boats" (yachts are in a huge different category and orders of magnitude more expensive) and "planes" (ie a 4 seats Cessna) are reasonably affordable.

I mean, both are affordable enough to buy buy and maintain for someone with barely millionaire status and not much above average sustainable income... IF those are their main hobbies/expenses.

It just gets exponentially more expensive as soon as you start going more meters or more seats... but I don't think someone less than deca would even dare to consider having a private JET or a PROPER yacht...

Of course there are levels, but if you mean $10 million by Deca, then we are likely coming to similar numbers, even though I am trying to figure the matters in terms of yearly budgets rather than total networth, and of course, I consider the bitcoin valuation at the 200-WMA level, since we might not be able to count on spot price estimates in stable kinds of ways.