Suckerpunchman (OP)
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September 07, 2018, 10:49:16 AM |
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Along with the recent rise in the use of cryptocurrencies and the US SEC gearing up to provide a verdict on multiple Bitcoin ETFs, here we have a luxury brand opting to transactions using Bitcoin. A Rolls-Royce dealership, Post Oak Motors, in Houston, Texas is now accepting Bitcoin and Bitcoin cash in exchange for the vehicle. Although this is not the first time that this has been done by an automobile company Earlier this year, a California dealership began accepting Bitcoin for Bugatti Chiron and Pagani Huayra purchases. But it is great to see that bitcoins is now one step closer to becoming a legitimate means to purchase goods. This, again should contribute to investor confidence.
Any chance we are gonna see other luxury brands follow the same tracks?
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CryptoHaris
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September 07, 2018, 10:55:51 AM |
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Well, it seems even Rolls Royce could not stop and get a taste of dealing in Bitcoins.
I sincerely feel that this will motivate other major brands to follow.
And as far as the ETFs go, I think they shall simply pass.
SEC has already given the same response too many times for new ETFs proposal to not ignore.
Bitcoin however, will see another bull run soon.
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Gururapyco
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September 07, 2018, 10:58:00 AM |
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This is great news for us, Rolls Royce is a brand not only making cars but also engines for american Boeing Dreamliners. There are some huge money behind this business and adopting crypto here is a dream come true for us HODLers.
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Heleacce
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September 07, 2018, 11:02:03 AM |
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Another giant accepting cryptocurrencies. This is more than amazing and this is still only the beginning of mass adoption on a large scale. I'm so happy and excited to won and HODL some Bitcoins.
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mk4
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September 07, 2018, 11:06:58 AM |
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Any chance we are gonna see other luxury brands follow the same tracks?
For sure, it's probably just a matter of 'when'. As bitcoin improves in every aspect(scaling, privacy, etc), adoption also increases. It's almost inevitable in my opinion. Bitcoin however, will see another bull run soon.
People have been saying this for months since the start of the bear market. No one knows when the bull will arrive.
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SilverCup08
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September 07, 2018, 11:13:03 AM |
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Oh wow! That's good news! Given that these are huge companies with enough credibility, I think, will convince more investors to join the cyrptocurrency acceptance. This I believe will keep them stronger specially bitcoin.
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LFC_Bitcoin
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September 07, 2018, 11:19:50 AM |
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Where the official link or statement from Rolls Royce that they’re set to accept BTC as payment for their cars?
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mk4
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September 07, 2018, 11:21:33 AM |
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Where the official link or statement from Rolls Royce that they’re set to accept BTC as payment for their cars?
Title: You Can Use Bitcoin to Buy a New Rolls-Royce in HoustonLink: https://www.thestreet.com/investing/you-can-use-bitcoin-to-buy-a-new-rolls-royce-in-houston-14703200So, yeah. Just in Houston. Might not be that much of a big deal compared to if it was Rolls-Royce internationally, but hey. Adoption is adoption no matter how big or small.
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faithofb
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September 07, 2018, 11:22:18 AM |
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The big lies is becoming truth the lies that the whale will buy all the bitcoin in circulation for lower price and hold is becoming reality gradually. Thanks the lord I have not sell my bitcoin. Welcome onboard rolls Royce.this shows that I can own rolls Royce with my bitcoin ,
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BitcoinHodler
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September 07, 2018, 11:23:53 AM |
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first of all you should always provide the link to news like this when you report it since you have already read it somewhere yourself! secondly one dealership accepting bitcoin is not the same as the company accepting bitcoin! so you can't use that title , it is wrong.
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CryptoHaris
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September 07, 2018, 11:30:17 AM |
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first of all you should always provide the link to news like this when you report it since you have already read it somewhere yourself! secondly one dealership accepting bitcoin is not the same as the company accepting bitcoin! so you can't use that title , it is wrong.
I believe that the post was short and clear enough for a user to understand its ramifications. I am sure we are not journalists out here but simple sharers of knowledge. Here is another link to the same article for your ease - https://auto.ndtv.com/news/now-you-can-buy-a-rolls-royce-using-bitcoins-in-the-usa-1912875
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131tc01n
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September 07, 2018, 11:35:08 AM |
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Well, it seems even Rolls Royce could not stop and get a taste of dealing in Bitcoins.
I sincerely feel that this will motivate other major brands to follow.
And as far as the ETFs go, I think they shall simply pass.
SEC has already given the same response too many times for new ETFs proposal to not ignore.
Bitcoin however, will see another bull run soon.
all just waiting for the right time for bitcoin to enter the famous company company. Maybe now many companies don't know the advantages of bitcoin so they don't want to know more about bitcoin, but over time they will definitely know and have an interest in bitcoin
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teilwalL05
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September 07, 2018, 12:00:19 PM |
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I really think not only Rolls Royce but other car manufacturers have a tendency to really allow bitcoin as a transaction base in buying a car, That is why there is a meme everywhere that you can buy a Ferrari using your bitcoin and everyone is using bitcoin to buy a Ferrari, I really hope it end well on our part and manufacturers like these would keep on continuing to really accept not only bitcoin but other Cryptocurrency as a mean to buy luxurious cars, But for the mean time I'm sticking with my old car.
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StellaMakk
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September 07, 2018, 12:04:59 PM |
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Dream of buying a car for bitcoin. Meybe in 2019 worlds sellers can understand this... But while we wait(
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Betty10
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September 07, 2018, 12:10:20 PM |
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This is very healthy for the bitcoin market. This will in no doubt attract good investors to the bitcoin network as more trust is built on the network. Just when some are thinking why price down? Then we go great things coming on.
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LFC_Bitcoin
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September 07, 2018, 12:15:08 PM |
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Yeah what I thought. Suppose it’s better than nothing, though. If it was Rolls Royce worldwide then it’s be bullish. This will do nothing for the price in isolation though.
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Suckerpunchman (OP)
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September 07, 2018, 12:18:18 PM |
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Dream of buying a car for bitcoin. Meybe in 2019 worlds sellers can understand this... But while we wait(
We wouldn't have to wait for that long I mean we are in the September 2018 so probably less than a year.
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DooMAD
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September 07, 2018, 12:21:12 PM |
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Less Lambo memes, more Rollers, heh.
For the skeptic in me, I can't help but think this is more of a publicity stunt by the dealership and less about the desire to further the legitimisation of Bitcoin. Still, publicity cuts both ways, I suppose.
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raidarksword
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September 07, 2018, 12:23:08 PM |
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Well, then this is another milestone for crypto currency hence renowned Rolls Royce is now accepting bitcoin which means big player are now adapting bitcoin as part of their business as payments. This could boost bitcoin's adaptation and being accepted to all businesses soon.
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