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Now you can buy cars with Bitcoin

drwstr123drwstr123 Posts: 7,038 ✭✭✭✭✭
in Precious Metals
Lamborghini adds itself to list of companies that accepts the digital currency

LINKY

Comments

  • StaircoinsStaircoins Posts: 2,566 ✭✭✭

    Damn, and to think I used cash when I picked up my Lambo just last month. image
  • CaptHenwayCaptHenway Posts: 32,153 ✭✭✭✭✭
    They just took a 20+% dump in value after China announced that they could not be cashed for real currency in China.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • derrybderryb Posts: 36,824 ✭✭✭✭✭


    << <i>Now you can buy cars with Bitcoin >>


    Why, when you can finance 110% of the price to help pay the taxes and insurance. image

    Bitcoin is the perfect example of a speculator driven bubble. Its crash will be an inverted image of its rise.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • OverdateOverdate Posts: 7,008 ✭✭✭✭✭
    Down to $670 now, so it will take quite a few more Bitcoins to buy the luxury car of your dreams.

    My Adolph A. Weinman signature :)

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I just have no confidence in bitcoins....and yes, I have missed the boat on other things (could have bought penny stock on Canada's diamond fields) .... oh well, I also have seen other things go bust really fast. I will just keep plodding on my conservative path....image Cheers, RickO
  • jmski52jmski52 Posts: 22,862 ✭✭✭✭✭
    The Lamborghini was sold in Newport Beach. Isn't that where PCGS is HQ'd?image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    "Tiptoe through the bitcoins"

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • LukeMarshallLukeMarshall Posts: 1,983 ✭✭✭✭✭
    I'm not sure what the I just watched, but the only reason I see for this post to be in the PM sub-section would perhaps be the fact that there may be a semi precious metal in a component of the tesla.

    Mind you, i'd love to discuss the idea of Bitcoin... but I kinda come here to escape it, and bury my head in the PM sand.

    The fact that these posts are showing up in an obscure corner of the internet shows the waves that it is creating. EVERYWHERE.

    So by all means, tiptoe along people, but it's kinda hard to tiptoe away from a giant elephant, or raging bull.

    -

    It's all about what the people want...

  • cohodkcohodk Posts: 19,137 ✭✭✭✭✭
    Tesla profits from collecting tax credits from the G, not from making cars, so why not accept bitcoins. Even if they are worthless the greenbacks and credits they get from the US Govt are not. Nice publicity stunt.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,824 ✭✭✭✭✭


    << <i>Tesla profits from collecting tax credits from the G, not from making cars, so why not accept bitcoins. Even if they are worthless the greenbacks and credits they get from the US Govt are not. Nice publicity stunt. >>


    If they keep burning them up the carbon tax is going to put them in the red.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • cohodkcohodk Posts: 19,137 ✭✭✭✭✭
    I wonder about the toxicity of the smoke from those burning batteries.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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