Maybe you got yourself 1,000 Bitcoins in 2009 when it was still trading for pennies, and managed to hang on through last year’s swoon…
You’re sitting on a small fortune! About $5.2 million to be exact, give or take the volatile market fluctuations. But what happens now? Before Bitcoin and Ethereum hit the mainstream, cryptocurrencies were used mainly anonymously. You could buy things online without having to divulge your private information.
Wider adoption has led to crypto-trading and the acceptance of cryptocurrency as a valid mode of payment. You can buy anything with cryptocurrency these days, including McMansions in Miami and luxury condos in the UK.
As long as you can find a car seller that accepts cryptocurrency as a mode of payment, that is. Remember though, that buying a car using cryptocurrency won’t be anonymous anymore.
Our expert dealers will be able to provide you with real-time cryptocurrency prices on a range of high-end products.
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With cryptocurrency being all the rage these days, you’ll often come across phrases online such as «When Lambo» and «Waiting for my Lambo» on various cryptocurrency forums, such as those on Reddit. This phrase, of course, refers to the idea of being able to get such a great return on your cryptocurrency holdings that you’ll be able to soon afford a Lamborghini or the equivalent.
This isn’t just a pipe dream either. Take, for instance, the case of Peter Saddington, who is a 35-year-old computer programmer. After having invested in Bitcoin years ago, he was able to purchase a 2015 Lamborghini Huracan, which is valued at $200,000, for only 45 Bitcoins. The price that Saddington paid for those 45 Bitcoins? Just $115.
Atspeed was started back in the early 80s by company director Alan Thorndyke. Predominantly short circuit oval racing based, Atspeed quickly became a big name in the world of National Hot Rods and other high performance oval racing formulas, with a great expertise on suspension geometry and set-up, race car fabrication and motorsport engines.
Avantgarde Classics specialise in the sale and acquisition of fine classic and contemporary motor cars. Our aim is to provide the very best examples of classic cars from the 60’s & 70’s along with some interesting machinery from a more recent era.
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Buying a new car is always a thrill.
Purchasing a luxury vehicle, a roadster or a classic even more so.
But such an enjoyable acquisition is usually accompanied by time consuming formalities. When all you want is to sit behind the wheel as soon as possible, these additional steps can be a nuisance for most people. Finding a dream car you can buy with cryptocurrency will certainly save you some time and effort, especially when cross-border payments are involved. You can now do that with BCH on Autocoincars.com, a platform that works with leading supercar dealers.
Browsing through car ads can be a pleasure and a curse.
It takes time to find the right model and make that suits your taste and needs.
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VINALERT sells vehicle history reports such as vin check from carfax and you can pay with bitcoins or paypal or credit card.
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For example, a dealer in Houston, Texas, accepts crypto payments.
He even sold a Bentley paid for in bitcoin.
Bitcoin can be used like any other currency if the seller accepts it as a means of payment, so to buy a car in bitcoin it is enough to find a seller willing to accept the cryptocurrency as payment.
However, it should be added that not many people agree to sell their car in exchange for cryptocurrencies.
For example, on the BuySellCarWithBitcoin.com website, you can post ads for selling cars in exchange for bitcoin, but there are less than 50 in the US and only 34 in Europe.
In a first-of-its kind transaction in Singapore yesterday, business development manager David Lau used cryptocurrency to pay for half of the cost of a new car.
The 27-year-old bought a Honda Vezel for $84,000, using $10,000 worth of ethereum — a cryptocurrency he has been investing in for about two years — to pay the deposit for the crossover car.
He will be paying another $32,000 worth of ethereum in the next three weeks, and financing the remaining $42,000 with a bank loan.
Cryptocurrency is a digital currency that operates independently of a central bank.