Nice! If this helps better your life it is no doubt a great purchase. I nearly made a similar purchase back in 2015 (or somewhere around there). A member of this forum had a Harley for sale and I wanted it so I made an offer. I believe he was asking somewhere around 75 BTC and I offered 69 BTC for it. We haggled a little bit but eventually couldn't come to a deal. This year I purchased an all electric motorcycle (Sondors Metacycle) for around 0.08 BTC. I'm glad I got lucky and was able to dodge a bullet there.
Did you completely dodge the bullet?
Looking at the time frame in trying to make the supposed Harley deal and now, there have been a huge change in price appreciation and the same would apply to 0.08 BTC in 2-4years at most and then, it would seem like you dodged a bullet just to get hit by another.
The most important truth here is you did what made you happy, using a rare means available to you. Even if you had to sell BTC for fiat and make the trade, its a means avail to you.
Sometimes, we've jus got yo say, WTF with the price appreciation in few yeas and satisfy some wants. It's the ay to go right,
!
I would agree with OgNasty with this one and say that he did dodge a bullet at that time. As the potential price that he could've bought the motorcycle could be million in today's price in bitcoin. Also, if you will to compare the price appreciation from 2015 - 2022 of bitcoin it has increase for over 1000% which is unlikely to happen
within 4 years as the price of bitcoin right now is relatively high.
I just finished reviewing the posts in this thread, and since it is still open, I see no problem commenting within it.
First of all, it can be funny how BTC price changes can affect perceptions about price and/or market dynamics, yet I still have difficulties considering how anyone in the middle of 2022 would consider that bitcoin prices were relatively high at that time... especially if the member knows about bitcoin and had been a forum member since early 2016 (referring to you, Jemzx00).
Surely bitcoin had an upwards performance year in 2021, yet by mid-2022, BTC prices had dropped by 70% or so from the top, depending upon from where we start to measure the drop, and so $20k prices should not have been thought to have had been relatively low at that time, and, in fact, my own philosophy had always been spend and replace if I were to be using my BTC during relatively dipping periods, yet we also may well know that the longer that we are in bitcoin, then the less we might need to worry about replacing our bitcoin after spending.. .. so I am not opposed to spending bitcoin, yet sometimes during large dips, we may surely be better off to replace whatever we had spent, and perhaps even replacing with more than we had spent, especially if we are in BTC building stages or if we are trying to take advantage of various volatile periods in bitcoin, which surely can be quite common of a phenomena.
Even OPs forum registration date shows mid-2016, so by the time that he made his motorcycle purchase, he had ONLY been in bitcoin around 6 years, so it may or not be clear whether a spend and replace would have been preferable in his particular circumstances and/or level of BTC accumulation prior to his motorcycle purchase, even though in a subsequent post in this thread, it appears that he had replaced the amount that he had spent.
But, yeah, back to the idea of relatively high prices, that hardly seems to be true during periods in which BTC had more than a 70% drop by that time, and sure even though we did end up getting right around a 77.5% drop by the time BTC prices reached their maximum low points for that correction period. Another thing was that in July 2022, the 200WMA was around $22,000, so with $20k-ish prices, BTC prices were already below
the 200 WMA, which had not been a common occurrence in BTC, even though BTC prices did end up going to around 36% lower than 200WMA prices, which were also unusually low prices in terms of BTC's historical price performance.
Nice story @ OP but why do I think I am missing something? The most important recipe of the story. Oh yeah, the Bitcoin transaction ID.
You know everything can be made up but proof of transaction of Bitcoin can't be forged. I so love to see you attach your Bitcoin transaction regarding that motorycyle. It would be a better inspiration if we saw that you actually paid it in Bitcoin as the story claimed it was.
Personally, for OPsec purposes, I doubt that it is important to verify occurrences with bitcoin transaction IDs. except voluntarily.
Nothing wrong with NOT believing OP, yet I still question whether there is any importance to verify the truth in regards to whether the transaction having had taken place.. ..
And, yeah, by the way, historically, I have been irritated by member talking about the various ways that they spent their BTC during large BTC price correction periods.. so yeah it could be like they are trying to get other members to sell their bitcoin.. so I can recognize and appreciate any criticism that goes in the direction of encouraging the spending of bitcoin during large price correction periods.
