1000 Bitcoin: The World's Most Expensive Prius

[UserU]

Here is a video of a guy who bought Toyota Prius back in 2013 with 1000 BTC. If you could have waited for a bit, specially in 2017, we could have been a Lambo.

Lol well if you think about it, two pizzas from 2010 could have been 10 Priuses just 3 years later. It's crazy how fast Bitcoin is appreciating.

I wonder how safe it is to come out with your identity and say that all your money is in Bitcoin though, considering all these past incidents of using violence to steal them. It's great that he's doing well, but he better be careful. I also hope people don't get any ideas taking out loans to buy Bitcoin because that's a really great way of either getting a new car or losing your house.

The two pizzas story was legendary. I'd be damned if another crypto is able to reach that price level of BTC.

[1713552018]

1713552018

[jseverson]

The two pizzas story was legendary. I'd be damned if another crypto is able to reach that price level of BTC.

Well if we're talking Prius for 1000 BTC levels, it won't be difficult for alts at all. Priuses are worth like $23,500, which means some random coin only needs to reach $23.50 apiece to be able to buy one for 1000 units. ETH is worth like 6x that level, and it's only been 4 years for it. I know direct comparisons of crypto unit prices is a gross simplification, but I'm just saying that crypto as a whole has gone pretty far.

But yeah, looking at that it's pretty hard to fault HODLers for trying to make money off crypto lol. Dude in the video was even asked if he regretted his purchase, when he only used Bitcoin the way it was meant to be used.

[KingScorpio]

https://www.youtube.com/watch?v=AfVndN2kbCA

Here is a video of a guy who bought Toyota Prius back in 2013 with 1000 BTC. If you could have waited for a bit, specially in 2017, we could have been a Lambo. Although in the video you will see the Prius side by side with his Lambo so I think this guy really did make a lot of money in bitcoin in 2017 as well. He also talk about the lessons he learn from investing in bitcoin.  

us economists recommend to leave out of stocks and out of bonds,

this means basically that all evaluation in usd, will become pointless and meaningless soon.

i doubt anyone cares about the bitcoin whales pumping their "bitcoins"

[kaya11]

You are only making it worst for him to accept the fact, I hope he doesn't read your post. Who knows whatever he will be doing this time of the day. Every one makes mistakes, even I myself have regret the fact that I sold my coins early. So we just have to accept the truth and get over with it.

[Kakmakr]

Let's analyze this type of thinking. Let's say the price dropped to $10 ….would this guy be stupid to sell those bitcoins to buy the Prius? No, he would have had a asset that he would have been able to sell for a huge profit. I constantly buy Assets/Property/Gold & Silver with some of my bitcoins, because I do not have any guarantees that Bitcoin would succeed in the future.

I always hoard 80% of all the coins that I buy, just in case it does succeed in the future.    < Important - Buy back those coins, when the price drop again.>

Damn yes, unless you don't believe on your coin, it's better to cut lose early yet ofc bitcoin is different story.

Buying cars or other stuff that depreciate is not a good thing especially you buy using bitcoin. Imagine how much now that car versus bitcoin. Well, I'll do the other way around, if I have a car, I'll sell it and buy bitcoin. That's more wise I guess. ;b

No, you totally misunderstood the point of buying that car. You buy "things" with value, to hedge against a situation where Bitcoin might fail in the future. Having all your eggs in one basket, is definitely a huge risk and you hedge against that by buying goods that you can sell, if something terrible goes wrong.  

People still need to buy "things" with bitcoins or this whole network of merchants will collapse. <Just replace some of those coins, when you can.>  

[killat]

https://www.youtube.com/watch?v=AfVndN2kbCA

Here is a video of a guy who bought Toyota Prius back in 2013 with 1000 BTC. If you could have waited for a bit, specially in 2017, we could have been a Lambo. Although in the video you will see the Prius side by side with his Lambo so I think this guy really did make a lot of money in bitcoin in 2017 as well. He also talk about the lessons he learn from investing in bitcoin. 

It's easy to judge now after 5 years regarding the btc's price. It could have been the cheapest Prius, as well if price wouldn't have raised meanwhile. But yes, it's an expensive Prius at least for now. 😊

[kelz1]

That should bring an end to those memes asking 'when fiat panda' as it costs around 1000 bitcoins Good to see some real world purchases even if it does seem overpriced

[Pursuer]

to me this proves two things:
1. the huge potential of bitcoin and how only a small portion of that potential has been reached so far. this growth only proves that despite all the naysayers and FUD spreaders bitcoin continues rising and is not going to stop until it reaches mass adoption.
2. in earlier years the percentage of people who truly understood bitcoin and its purpose has been a lot more than it is now. these days the dominant percentage are investors who don't know what bitcoin is and only care about the profit.

[eaLiTy]

Here is a video of a guy who bought Toyota Prius back in 2013 with 1000 BTC. If you could have waited for a bit, specially in 2017, we could have been a Lambo. Although in the video you will see the Prius side by side with his Lambo so I think this guy really did make a lot of money in bitcoin in 2017 as well. He also talk about the lessons he learn from investing in bitcoin. 

He made a conscious decision to sell his coins to purchase a car and he will not sell those at that time if he was not on profit in the first place, there is nothing for him to cry about at a later stage as everyone had an idea that the price will increase from those situation in ten years time, that is the case with the first ever deal for a pizza too, considering that it will be the most expensive items ever purchased in the world if you compare it to the all time high valuation.

[DeathAngel]

https://www.youtube.com/watch?v=AfVndN2kbCA

Here is a video of a guy who bought Toyota Prius back in 2013 with 1000 BTC. If you could have waited for a bit, specially in 2017, we could have been a Lambo. Although in the video you will see the Prius side by side with his Lambo so I think this guy really did make a lot of money in bitcoin in 2017 as well. He also talk about the lessons he learn from investing in bitcoin. 

FFS, what a waste of precious bitcoin’s on a piece of shit car too.

[kissme09]

I realize that Bitcoin is like a gold mine for hardworking diggers. Bitcoin once achieved the price of $ 20,000 which is a considerable price. Talented investors always know how to make their investments worth increasing every day as a miracle.

[creeps]

https://www.youtube.com/watch?v=AfVndN2kbCA

Here is a video of a guy who bought Toyota Prius back in 2013 with 1000 BTC. If you could have waited for a bit, specially in 2017, we could have been a Lambo. Although in the video you will see the Prius side by side with his Lambo so I think this guy really did make a lot of money in bitcoin in 2017 as well. He also talk about the lessons he learn from investing in bitcoin. 

I’ve only see here the word delayed gratification, only if he hold that bitcoin for sure he can earn more. Well, it looks like he’s already rich and for sure bitcoin help him a lot to achieve all of these. Now, I’m more willing to hold my bitcoin for many more years because I think the price will still go high in the next 4years.

[Artemis3]

I have to spend mine today in order to eat, knowing perfectly well that tomorrow those bitcoin could have many times their current purchasing power. It is a shame i had to be born in a country taken and destroyed by socialism. If i ever get a decent job again when the economy recovers after socialists get kicked out, I'll be able to start my bitcoin savings. But i'm afraid it might be too late...

For those who can manage to have bitcoin savings, good for them. In freedom you can choose to not live in luxury and save for tomorrow, under oppression you are left no choice...

[XCANA]

That should bring an end to those memes asking 'when fiat panda' as it costs around 1000 bitcoins Good to see some real world purchases even if it does seem overpriced

Frankly speaking, Bitcoin potentials has been unleashed as i have seen for the very first time that Bitcoin deploys it powers of real world usability. Hope that Bitcoin keep this relationship between before and after the halving 2020. When this happen then i will belong to the set that will equally testify about Bitcoin usability.

[VampKing]

Really interesting & inspiring. I feel confident that one day i'll buy my first car with Bitcoin. Though i don't have much Bitcoin, i am waiting for an increase in the rate of BTC. That might take 2/3 years but i'll wait. I believe in hope. 

[BrewMaster]

why does it have to be considered "most expensive"?  the dude had money and spent his money for a vehicle that he needed to use to go around. that is not something to regret, that is what "money" is made for. you are not supposed to hoard money!
not to mention that it was not all the money he had in the world so there is nothing to worry about when it comes to "missing out". he still had more money.
* money in this context means bitcoin

[LbtalkL]

Most Expensive Prius indeed   but there is no loss and he didn't know, no one knows that bitcoin will rise up to $19k last 2017. But with that amount he could really bought a better one today but that car is nice and he needed it. There is a question in my mind like what if bitcoin will really reach $50k or higher in the future? I will surely regret if I won't buy now.

[CaVO32]

You are only making it worst for him to accept the fact, I hope he doesn't read your post. Who knows whatever he will be doing this time of the day. Every one makes mistakes, even I myself have regret the fact that I sold my coins early. So we just have to accept the truth and get over with it.

have you watched the entire video or even the last part of it? he said he had no regrets because from what i understood, he used his profit from a loan to buy his car. the $10-loan went up to $22 worth of money (maybe per coin he invested, he didn't mention how much he invested in total), so essentially, he got it for free.

[Mometaskers]

Remember he had to make decisions with only the information he got at the time. He seem to regret nothing, for him it was just a normal purchase and when compared to how little he invested, he can even consider the car "free".

Of course hodlers would just see this as more confirmation to hold on to their stash but still, what is money for but for spending (and investing), right?

This story would have been different had bitcoin crashed and the headline would be "Guy stuck with thousands of useless fad token".

[bitfocus]

Thats'a real expensive Prius! I would not spend such amount of BTCs because money is still a matter to me, I am not a damn rich like that guy!!