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Author Topic: !!! Porsche Cayman S Sells for ~300 BTC on Bitcointalk.org !!!  (Read 1872 times)
CrazyGuy
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April 03, 2013, 04:48:38 AM
 #1

https://bitcointalk.org/index.php?topic=143722.0

My Porsche sold today for ~300 Bitcoins! If this isn't proof that Bitcoin is a legitimate currency, then I don't know what is. The buyer purchased his initial Bitcoin investment at around $4 a piece so they got an amazing deal. I'm not sure if this is the single largest item sold for BTC, but I can guarantee it's the first $40,000 vehicle sold for ~300 BTC. The buyer wishes to remain anonymous, but I've asked a bitpay representative to come and post in the original thread to confirm the transaction occurred.

Help me spread the word, upvote the story on reddit:
http://www.reddit.com/tb/1bkhjp

Submit to as many news agencies as you please, Bitcoin is here to stay!

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bbit
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April 03, 2013, 04:55:17 AM
 #2

https://bitcointalk.org/index.php?topic=143722.0

My Porsche sold today for ~300 Bitcoins! If this isn't proof that Bitcoin is a legitimate currency, then I don't know what is. The buyer purchased his initial Bitcoin investment at around $4 a piece so they got an amazing deal. I'm not sure if this is the single largest item sold for BTC, but I can guarantee it's the first $40,000 vehicle sold for ~300 BTC. The buyer wishes to remain anonymous, but I've asked a bitpay representative to come and post in the original thread to confirm the transaction occurred.

Help me spread the word, upvote the story on reddit:
http://www.reddit.com/tb/1bkhe3

Submit to as many news agencies as you please, Bitcoin is here to stay!

congrads! amazing to see this stuff.


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BitMonkey
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April 03, 2013, 04:59:25 AM
 #3

Sharing the story

http://KushCo.in
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notig
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April 03, 2013, 05:05:42 AM
 #4

if I was one of the early adopters with 100k coins I probably would have bought it lol. I love porsche . But I'll stick with my TDI!
wopwop
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April 03, 2013, 05:07:50 AM
 #5

I dont get whats so special

Someone sold his Porsche for BTC instead of USD simply because some (early adaptor) had BTC he wanted to launder

This is no different than the Porsche owner selling it for USD and then converting that to BTC on MtGox, except that now there's money laundering involved

Thats why the buyer wants to remain anonymous
CrazyGuy
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April 03, 2013, 05:11:09 AM
 #6

WopWop, the big deal is that a large, legitimate transaction was complete over the bitcoin network.

 Fixed the reddit link(UpVote!)
http://www.reddit.com/tb/1bkhjp

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benjamindees
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April 03, 2013, 05:11:48 AM
 #7

Great.  Now we get to deal with gov't shills who loudly declare every Bitcoin purchase to be "money laundering".

HAY GUYS LETS PETITION THE GOVERNMENT TO REGULATE BITCOIN IT'LL BE GRAET.

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Wilikon
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April 03, 2013, 05:12:28 AM
 #8

I dont get whats so special

Someone sold his Porsche for BTC instead of USD simply because some (early adaptor) had BTC he wanted to launder

This is no different than the Porsche owner selling it for USD and then converting that to BTC on MtGox, except that now there's money laundering involved

Thats why the buyer wants to remain anonymous

Wow! Money laundering no less? You forgot to mention all that child pornography in the trunk as well as the Mexican heads as proof of delivery...

Congrats to the OP! We get it!
CrazyGuy
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April 03, 2013, 05:13:19 AM
 #9

They will be paying taxes on the estimated value of the car when they register it, so it's not completely void of fiat. No money laundering involved.

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wopwop
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April 03, 2013, 05:15:41 AM
 #10

All I'm saying is the buyer wants to remain anonymous for an obvious reason

They will be paying taxes on the estimated value of the car when they register it, so it's not completely void of fiat. No money laundering involved.

Lol nice save, kind of odd since you don't have to pay taxes at all on a car ownership transfer. But yes nice save nonetheless
BitMonkey
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April 03, 2013, 05:17:40 AM
 #11

Staying anonymous online is a good idea regardless.
You cant say his intention is bad.
Maybe he doesnt want people bothering him or selling his info. He obviously does well enough to constitute being bothered by salesmen, so maybe he is trying to avoid that.

http://KushCo.in
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drrussellshane
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April 03, 2013, 05:18:51 AM
 #12

This is awesome.

Only 300 BTC for a Porsche.


Three years ago 10,000 BTC for two pizzas.


hahahaha crazy world

Buy a TREZOR! Premier BTC hardware wallet. If you're reading this, you should probably buy one if you don't already have one. You'll thank me later.
wopwop
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April 03, 2013, 05:19:38 AM
 #13

Lol all I'm saying is the buyer wants to remain anonymous for an obvious reason

Because he likes privacy? He isn't anonymous to everyone, the title must be transferred. He just doesn't want freaks on the internet knowing his business. I fully understand that position.

That's as much as a 'conspiracy' theory as me saying there is money laundering involved

We both can't proof it, we only can choose which one is the most likely
Lethn
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April 03, 2013, 05:21:18 AM
 #14

Someone sold his Porsche for BTC instead of USD simply because some (early adaptor) had BTC he wanted to launder

This is no different than the Porsche owner selling it for USD and then converting that to BTC on MtGox, except that now there's money laundering involved

Thats why the buyer wants to remain anonymous

LOL! What are you talking about? Huh

Don't worry, government loyalist at work Wink They'll come up with anything to bash Bitcoin with.
wopwop
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April 03, 2013, 05:24:05 AM
 #15

Staying anonymous online is a good idea regardless.
You cant say his intention is bad.
Maybe he doesnt want people bothering him or selling his info. He obviously does well enough to constitute being bothered by salesmen, so maybe he is trying to avoid that.

Lol I'm not saying he needs to reveal his complete identity to not be labeled anonymous, a forum username would suffice enough as not being 'anonymous'

Anyway I know it's not going to happen because of money laundering and I don't care, I'm just mentioning it because of its high probability
mb300sd
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April 03, 2013, 05:26:44 AM
 #16

https://bitcointalk.org/index.php?topic=143722.0

My Porsche sold today for ~300 Bitcoins! If this isn't proof that Bitcoin is a legitimate currency, then I don't know what is. The buyer purchased his initial Bitcoin investment at around $4 a piece so they got an amazing deal. I'm not sure if this is the single largest item sold for BTC, but I can guarantee it's the first $40,000 vehicle sold for ~300 BTC. The buyer wishes to remain anonymous, but I've asked a bitpay representative to come and post in the original thread to confirm the transaction occurred.

Help me spread the word, upvote the story on reddit:
http://www.reddit.com/tb/1bkhjp

Submit to as many news agencies as you please, Bitcoin is here to stay!

Might not be the first or largest car/btc tx, but probably the first with concrete proof.

https://bitcointalk.org/index.php?topic=155235.0

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
hawkeye
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April 03, 2013, 05:34:57 AM
 #17

Hey, that's great.  I reckon it will actually turn out to be a good deal on both sides in the short/medium/long term.

Next up, a house sold for bitcoins...
Kazimir
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April 03, 2013, 05:41:32 AM
 #18

No clue what those folks above are complaining about.

Dude, that's great news, both for you and Bitcoin! (and for the new car owner as well)

Awesome!

In theory, there's no difference between theory and practice. In practice, there is.
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ShaTwo
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April 03, 2013, 05:48:20 AM
 #19

Amazing! Congratulation... Porche Index?

CrazyGuy
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April 03, 2013, 07:20:31 AM
 #20

In other news, the sale of a $40,000 sports car for bitcoin is considered off-topic. I suppose if bitcointalk.org newcomers want to know about the latest bitcoin related news, they are going to have to go to the goods section or have a browse through Off-Topic. Shame...

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