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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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August 13, 2017, 02:41:28 AM |
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Feeling like I'm going to be driving that Porsche this winter !
I am curious. The guys buying high end porsches, lambos etc... Are you doing it selling a SUBSTANTIAL part of your stash (like 20-50%) or is it something more organic like 1-5% of it? Feel free to not answer the question for privacy reasons or do it in an ambiguous way. I just want to know if you guys are acting responsibly or like if this was free money that will keep coming forever. I'm talking about 5 BTC at 5000€ since it would be a used 911. It would be a substantial part of my stash (less than 20%) but more importantly it's about what I've spent getting that stash. After that, if BTC goes to 0, I will not have lost anything, only bought a car I maybe shouldn't have bought. Currently I've got 3 cars, 2 donated, 1 a company car, I've never even bought one ! I understand your concern, but at the same time I can't watch BTC go up and up and not gain anything from it. I'm a lifelong fan of the 911, it's on my bucket list. I would want several millions in the bank/real estate before considering buying a new Lambo. I like the old LP400 better anyway, but it's a rare classic car : even more expensive than a new one. That sounds pretty much reasonable, yep. From all the answers it looks like even if we all appreciate the fine cars, everyone here is also very conscious on its spending and that most of the time the "lambo" thing is more of a joke wish than a real intention. Good to know. I was having the image of dumb guys with less than 1 million total net worth spending -maybe even before buying a proper home- like 300K in a new car... and it was hurting me. Even with my high net worth I bought an 1800 dollar car. Cars are bad investments unless you are trying to get some sort of business clients by displaying your wealth so that they will invest their money in you. Or to get a mate.
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savetherainforest
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August 13, 2017, 02:42:34 AM |
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Even with my high net worth I bought an 1800 dollar car. Cars are bad investments unless you are trying to get some sort of business clients by displaying your wealth so that they will invest their money in you. Or to get a mate.
Buy a tank??
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arklan
Legendary
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Activity: 1778
Merit: 1008
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August 13, 2017, 02:44:16 AM |
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Even with my high net worth I bought an 1800 dollar car. Cars are bad investments unless you are trying to get some sort of business clients by displaying your wealth so that they will invest their money in you. Or to get a mate.
full agreement with elwar. a to b, decent (factory is fine) sound, a way to hook my phone to it, comfortable seats, and the coldest air i can get. other then that, it's all about fuel effciency and cost. my current car is a ford focus, 2005. got it for 2000 from my mother in law. had to replace the alternator a couple months ago, but other then that it works just fine. and i'm way to broke to replace it right now anyway, so please, gods of BTC, let it keep working... *ahem* i'll see myself out.
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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August 13, 2017, 02:44:39 AM |
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Even with my high net worth I bought an 1800 dollar car. Cars are bad investments unless you are trying to get some sort of business clients by displaying your wealth so that they will invest their money in you. Or to get a mate.
Buy a tank?? Certainly practical. Could come in handy soon.
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jojo69
Legendary
Offline
Activity: 3178
Merit: 4369
diamond-handed zealot
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August 13, 2017, 02:47:05 AM |
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Even with my high net worth I bought an 1800 dollar car. Cars are bad investments unless you are trying to get some sort of business clients by displaying your wealth so that they will invest their money in you. Or to get a mate.
Buy a tank?? otokar cobra
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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August 13, 2017, 02:47:53 AM |
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That being said, my first car out of college was a 1980 911 Carrera targa so I understand the desire. It is a fun car. Paid 10k for it. Paid much more than that in repair bills over the 5 years I had it.
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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August 13, 2017, 02:49:18 AM |
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Even with my high net worth I bought an 1800 dollar car. Cars are bad investments unless you are trying to get some sort of business clients by displaying your wealth so that they will invest their money in you. Or to get a mate.
Buy a tank?? otocar cobra When I was in Afghanistan I always wanted to buy an MRAP. Get a sweet paint job with spinners.
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Dakustaking76
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August 13, 2017, 02:51:07 AM |
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Goodmorning bitcoin country Wake up And another ath again kraken price right now €3428 Where Will this stopp.... Selma hayek booobies jiggle jiggleeee de bitcoin all the Way up
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savetherainforest
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August 13, 2017, 02:52:14 AM |
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Even with my high net worth I bought an 1800 dollar car. Cars are bad investments unless you are trying to get some sort of business clients by displaying your wealth so that they will invest their money in you. Or to get a mate.
Buy a tank?? otocar cobra Buy a tank?? Certainly practical. Could come in handy soon. Well that thing enforced with some radiation shielding and some extra extreme freeze engine shielding/protection. But I would recommend to buy 10 of those, keep them in some kind of underground facility/garage, then pop them up 10 years later after everyone bombed and destroyed all of their own equipment fighting each other. *edit: My concerns would be it running on oil. Maybe something new/old technology working on mechanical power like those Swiss watches!
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arklan
Legendary
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Activity: 1778
Merit: 1008
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August 13, 2017, 02:55:14 AM |
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Even with my high net worth I bought an 1800 dollar car. Cars are bad investments unless you are trying to get some sort of business clients by displaying your wealth so that they will invest their money in you. Or to get a mate.
Buy a tank?? otocar cobra When I was in Afghanistan I always wanted to buy an MRAP. Get a sweet paint job with spinners. THIS IS GENTLEMEN!
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jojo69
Legendary
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Activity: 3178
Merit: 4369
diamond-handed zealot
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August 13, 2017, 02:55:43 AM |
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They are Turkish made, but on a HMMVV platform, so parts are easy to get.
I'm thinking just buy the HMMVV and weld the body up out of aluminum plate
IN MY HUGE ASS WORKSHOP FULL OF AWESOME TOOLS BITCH!!!!!
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jojo69
Legendary
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Activity: 3178
Merit: 4369
diamond-handed zealot
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August 13, 2017, 03:06:22 AM |
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good god
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matt4054
Legendary
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Activity: 1946
Merit: 1035
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August 13, 2017, 03:08:47 AM |
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Great Scott! 5k seems underestimated for the end of the year by now. That's flabbergasting.
Anyone dares to short Bitcoin right now?
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J4mie
Jr. Member
Offline
Activity: 33
Merit: 3
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August 13, 2017, 03:08:59 AM |
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Another PUMP
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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August 13, 2017, 03:11:40 AM |
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Oh! It seems my borrower at daily 2% on polo has been liquidated. Poor guy. I was starting to think we would complete the 60 days lending together.
4100....... Prepare for the mother of all short squeezes! Considering the thin order book it could propel us directly to 5K... Just saying.
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Bitcoinaire
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August 13, 2017, 03:15:03 AM |
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This is beautiful.
I think we need a new poll.
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savetherainforest
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August 13, 2017, 03:16:02 AM |
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Some dumping has commenced and made the price tank by $100 within seconds.
Yep, median line touched ... From the looks of it, anything under ~4k seems to be a dip! good god .. ROFL..!! (just for the sake of history!)
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Torque
Legendary
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Activity: 3570
Merit: 5043
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August 13, 2017, 03:20:47 AM |
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That being said, my first car out of college was a 1980 911 Carrera targa so I understand the desire. It is a fun car. Paid 10k for it. Paid much more than that in repair bills over the 5 years I had it.
I had a '91 Mitsubishi 3000GT VR4 once. AWD, Twin turbo, 320hp stock. Car was heavy but it would haul ass. The coolest feature was it had both a front lip spoiler and a rear spoiler that would tilt down when you hit 50 mph, and the rear wheels would flex in the curves. I bought it used and had it 5 years.... sold it for $3K more than I originally bought it for, lol.
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niners
Newbie
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Activity: 19
Merit: 0
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August 13, 2017, 03:29:42 AM |
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Have any of you been following Ryan X Charles on youtube? He's been vlogging daily (up until 4 days ago anyway) about segwit, BCH, upcoming forks etc. And more importantly, -- why is his middle initial "X"? Anyway just wanted to post something to say I was here at BTC 4K.
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