Did a business proposal of paying 440 nights this Hotel for 1 BTC, October/2022

[remotemass]

Hello good morning everyone! I am having a great time now in my holidays in South-West England.
I booked till the 31st of the current month, so my check-out will be that day, on Halloween 2022!

Bitcoin was literally what is allowing me to survive and escape the terrible circumstances and injustice I was living on (EURONEWS).

Today I did tell at the reception that I would like a face-to-face with the management to discuss the possibility of paying for another 440 nights, so till the 14^th January 2024, for a whole bitcoin (at the current price, 18-19/October/2022). If rejected, I could always go for booking it the same way I did these 13 nights of... Peace. 

I told them that I did not require that at all but that I was open for the press being invited to celebrate the deal and people like "Nayib Bukele" (President of 'El Salvador'), "Pablo Iglesias" (a great evangelist and advocate for Universal Unconditional Basic Income and the likes of bitcoiners and people like Ms Stacy Herbert and Max Keiser).

Please may you receive an invitation too, if the deal happens and ends up being historical and celebrated.

By the way, I am the creator of 'Cubic Postcode'. And I filled, in Great Britain, the patent GB2456000.
And no, I am not rich. I am saving money to survive and thrive!

>> - remotemass
>> daniel 'at ' sweetanita_com

[Don Pedro Dinero]

Pablo Iglesias? The Spanish politician? I don't know what he has to do with bitcoin. You made me search the internet and I don't see anything.

Well, keep us informed if you are allowed to pay with bitcoin, but I wouldn't mix such a controversial politician in this, especially when as far as I know he has nothing to do with bitcoin.

[romero121]

If the management have known about bitcoin, surely they'll say yes to his request. During the pandemic several businesses ran out of money and some businesses (particularly food chain) survived as they had been accepting bitcoin for a long and kept specific part of the income as reserve. The price pumping that happened during the pandemic helped those manegement continue their business when many were shutting down.

The business of a Bitcoin standard

[Accardo]

The deal will be more interesting if the management agree in terms of bitcoin volatility; if the Bitcoin price hits 30k your duration will increase to 540 days and if it drops to 15k your stay will decrease to 340 days. 

[Aanuoluwatofunmi]

Today I did tell at the reception that I would like a face-to-face with the management to discuss the possibility of paying for another 440 nights, so till the 14^th January 2024, for a whole bitcoin (at the current price, 18-19/October/2022). If rejected, I could always go for booking it the same way I did these 13 nights of... Peace

You may try your luck and see if it worked out that they accept bitcoin and in doing so, you have also increase the rate to bitcoin adoption in you own way, though i think the money in question is much and no hotel will not want to sign a deal of long term check-in like you've brought in, also consider it a fifty by fifty on chance of accepting this offer because some people or companies are yet to start the acceptance of bitcoin for their payments but giving a try is the first defeat on rejection, good luck.

[Dr.Bitcoin_Strange]

Kind regards, Sir. I can't imagine how you are willing to make yourself so transparent here. Informing us of your location, booking a hotel for 440 nights with 1 Bitcoin or more, and the CEO of Cubic Postcode, I hope it's safe to do that.
In my country it's not so safe to be too open because it may attract some frauders and criminals around you.

However, your offer is good for the hotel, though, if it is considered. You will probably be in the hotel till 2024, which is the expected year for the next Bitcoin halving. Don't also hesitate to give feedback if your offer gets granted.

[Lucius]

I don't know what to say, 440 days in a hotel is a bit strange for me, but obviously the OP has his own theory of the ideal vacation, in this case an extended one. In addition, it seems that he wants that event to become historic, and maybe enter the Guinness Book of Records as the longest stay in a hotel paid with Bitcoin.

Pablo Iglesias? The Spanish politician? I don't know what he has to do with bitcoin. You made me search the internet and I don't see anything.

I think that it has nothing to do with Bitcoin, but with what the OP mentioned next to his name, which is the so-called UBI (Universal Basic Income). As far as I know (and you probably know better) they, with their ideas based on ideologies, almost disappeared from the political scene after they got the chance to do something. I know how they work because we have an identical party in my country (they literally have the same name) and since they took over the capital, in a little over a year they managed to turn it into one big garbage dump.

[coolcoinz]

I don't know what to say, 440 days in a hotel is a bit strange for me, but obviously the OP has his own theory of the ideal vacation, in this case an extended one. In addition, it seems that he wants that event to become historic, and maybe enter the Guinness Book of Records as the longest stay in a hotel paid with Bitcoin.

I wouldn't spend a whole bitcoin at these lows.

I also wouldn't spend a whole bitcoin just to sit in a hotel. If it was some tropical island during Winter, maybe, but OP is booking for Autumn and Winter in the UK. That's like the exact opposite of where I wouldn't want to be in those months.

Weird as it is, if they agree, I hope it gets media attention.

>> daniel 'at ' sweetanita_com

Are you using that streamer girl solely for optimization or is there more to it?

[ethereumhunter]

If he wants to stay in a hotel for 440 nights paying with fiat, that's not surprising but he wants to use bitcoin to pay for it. But if the hotel can accept payment by bitcoin, they will probably allow it, but they may apply other rules because not many people want to stay at the hotel for long periods. But what about bitcoin price fluctuations that will occur for more than a year? Can the hotel accept it because we see that bitcoin prices are always changing and if that happens and bitcoin prices are at their peak, you can stay longer than you want and vice versa?

[Lucius]

~snip~
I wouldn't spend a whole bitcoin at these lows.

Bitcoin should primarily be a currency, and the more people practice it, the better it will be for greater adaptation. In addition, the OP may have a larger number of BTC and one does not mean too much to him, and perhaps from his perspective $19k is not such a bad price if he invested in it a few dozen $ or only a few hundred $.

[avikz]

I seriously think it is a win-win offer for the hotel where you are staying in. If they go ahead with this deal, the amount of free promotion they will get, is priceless! It will be a very similar incident like the pizza one but this time, the promotion will be insane.

Who knows, multiple bitcoiners can also travel to their hotel in future. In a nutshell, the hotel management is lucky that they are receiving such offer for free promotion and one bitcoin too!

[darkangel11]

If he wants to stay in a hotel for 440 nights paying with fiat, that's not surprising but he wants to use bitcoin to pay for it.

I'd still call 440 nights in a hotel surprising even if he was paying in fiat.

But if the hotel can accept payment by bitcoin, they will probably allow it, but they may apply other rules because not many people want to stay at the hotel for long periods.

For a hotel if someone wants to pay in front for a long stay it's even better because they'll have the money available for loan payments and investment right away. This is probably the best deal they can get so if they're fine with the currency they should accept it.

But what about bitcoin price fluctuations that will occur for more than a year? Can the hotel accept it because we see that bitcoin prices are always changing and if that happens and bitcoin prices are at their peak, you can stay longer than you want and vice versa?

If we're talking about an upfront deal they'll sell it right away. Businesses don't care about price fluctuations because they have an instant cash conversion deal with a payment processor.

[jossiel]

Well, they can just agree to take the whole bitcoin at current rate and then exchange that quickly so they basically get the $$ value from it which is around $19,000.

So, it's up to them if they'd be willing to go for negotiation to accept that 1 BTC and then they'll do the exchanging. It's not looking complex at all if the management knows how to do it.

How much is one night accomodation there? They'll have to compute it and for sure that some discounts will be applied if possible with that long stay.

[nullama]

~snip~
Today I did tell at the reception that I would like a face-to-face with the management to discuss the possibility of paying for another 440 nights, so till the 14^th January 2024, for a whole bitcoin (at the current price, 18-19/October/2022). If rejected, I could always go for booking it the same way I did these 13 nights of... Peace. 

At current prices, that's basically around $45 per night. That's quite cheap for a hotel, at least in a western country.

Even if Bitcoin goes 10x in a year, paying $450 for a night is not unheard of in some expensive places, like Iceland for example.

If they accept the deal it could bring in some free marketing though, so maybe they end up accepting it.

[serjent05]

The deal will be more interesting if the management agree in terms of bitcoin volatility; if the Bitcoin price hits 30k your duration will increase to 540 days and if it drops to 15k your stay will decrease to 340 days. 

I think if the deal is made and payment is done, the hotel will exchange it for cash to avoid unnecessary loss if ever Bitcoin price crash in the upcoming months.  We all know Bitcoin is highly volatile and it will stay as is for several years.  It is also a practice of a business establishment to convert the payment if made in crypto in real-time.

It would be interesting to see what the hotel management's reaction to this.  I hope we can hear a positive reply from the hotel management.  @OP please keep us updated, thanks, and good luck!

[DeathAngel]

Interesting story OP, it seems you have characteristics of a real pioneer. You are possibly the first person to attempt something like this, for such a long time.

I wish you good luck, please update the thread & share your stories during your (if successful) very long stay.

[Zlantann]

Interesting story OP, it seems you have characteristics of a real pioneer. You are possibly the first person to attempt something like this, for such a long time.

I wish you good luck, please update the thread & share your stories during your (if successful) very long stay.

In my country, I don't think any hotel would refuse this proposal. Regardless of how the price of Bitcoin fluctuates this is a big business deal. The hotel can even gain from this deal if they decide to keep Bitcoin until the bearish market emerge. Although it's up to the management to decide, having a hotel room booked for 440 days is uncommon. And OP's decision to celebrate this achievement is a great idea because Bitcoin needs all the publicity. Today I just got the news on this thread that Bitcoin is now in the Guinness World Record. This news might seem insignificant, but it has the tendency of attracting people to Bitcoin. I still have the expectation that more goodness about Bitcoin would keep occupying the media space.

 

[348Judah]

If he wants to stay in a hotel for 440 nights paying with fiat, that's not surprising but he wants to use bitcoin to pay for it. But if the hotel can accept payment by bitcoin, they will probably allow it, but they may apply other rules because not many people want to stay at the hotel for long periods

Well, in considering the duration intended for the stay i believe it's what the management could hold unto for the acceptance and through that they can also decided to make it more official and public that their hotel lodge accept payment in bitcoin digital currency, this will make then get easily recognized as well by many bitcoin enthusiast that can't do without lodging an hotel a week and the tourist ones within that region.

But what about bitcoin price fluctuations that will occur for more than a year? Can the hotel accept it because we see that bitcoin prices are always changing and if that happens and bitcoin prices are at their peak, you can stay longer than you want and vice versa?

Actually they can consider acceptance on the fact that it's on dip, secondly they can also accepted bitcoin because it will always rises no matter the conditions over time, thereby in doing so, the hotel can hold their coins as an investment that will yield bountifully over a space of time.

[remotemass]

I talked with the manager this morning but there is not yet a deal. Let's see.
In the meantime, I extended my booking and I can confirm that my booking at this hotel is now till the 3rd-4th of January 2023.

- remotemass

[nullama]

I talked with the manager this morning but there is not yet a deal. Let's see.
In the meantime, I extended my booking and I can confirm that my booking at this hotel is now till the 3rd-4th of January 2023.

- remotemass

Was that extension paid with Bitcoin?

Hopefully we'll see a deal in the next couple of weeks, that would probably be a world's first.