Bitcoin Forum
November 15, 2024, 12:56:04 PM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: [2014-04-04] Over 5,000 Litecoins Used to Buy Tesla Model at Dealership  (Read 1386 times)
Ripdon007 (OP)
Full Member
***
Offline Offline

Activity: 280
Merit: 100


View Profile
April 05, 2014, 12:33:17 AM
 #1

nice to see litecoin being used for its true purpose!!

https://coinreport.net/gocoin-dealership-litecoins-car/

I mine my bitcoins at https://www.directpool.net ### I get my bitcoin news fix at https://coinreport.net
Bit_Happy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1040


A Great Time to Start Something!


View Profile
April 05, 2014, 03:40:27 AM
 #2

Tesla Motors is a futuristic technology company based out of the United States, that specializes in luxury electric vehicles. They are known to be some of the best technologically advanced rides out there.

An auto dealership based out of Tustin, California says it sold a Tesla Model S P85 to a customer for for 5,447 litecoins. At the time of the purchase, the litecoins were said to be worth around $90,000.

I want one Smiley

bryant.coleman
Legendary
*
Offline Offline

Activity: 3766
Merit: 1217


View Profile
April 05, 2014, 04:45:05 AM
 #3

Right now, LTC is going at $11.15.

A total of 5,447 LTC were used for the purchase, that means $60,734.

But the purchase was done when the LTC was at $16.5. That means that the buyer avoided a loss of $30,000!
hilariousandco
Global Moderator
Legendary
*
Offline Offline

Activity: 3990
Merit: 2717


Join the world-leading crypto sportsbook NOW!


View Profile
April 05, 2014, 12:10:42 PM
 #4

Should be in alt coin section if it's not about Bitcoin.

Right now, LTC is going at $11.15.

A total of 5,447 LTC were used for the purchase, that means $60,734.

But the purchase was done when the LTC was at $16.5. That means that the buyer avoided a loss of $30,000!

Just goes to show the risk involved with dealing in crypto. I wonder what The company did with them or whether they used some sort or payment processor?

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
guybrushthreepwood
Legendary
*
Offline Offline

Activity: 1232
Merit: 1195



View Profile
April 05, 2014, 12:12:58 PM
 #5

Should be in alt coin section if it's not about Bitcoin.

Right now, LTC is going at $11.15.

A total of 5,447 LTC were used for the purchase, that means $60,734.

But the purchase was done when the LTC was at $16.5. That means that the buyer avoided a loss of $30,000!

Just goes to show the risk involved with dealing in crypto. I wonder what The company did with them or whether they used some sort or payment processor?

The article says the were worth $90,000 and used a payment procesor called GoCoin.
bryant.coleman
Legendary
*
Offline Offline

Activity: 3766
Merit: 1217


View Profile
April 05, 2014, 12:17:59 PM
 #6

Just goes to show the risk involved with dealing in crypto. I wonder what The company did with them or whether they used some sort or payment processor?

The car dealers immediately converted the coins to cash using Gocoin. So there were no losses to them.  Grin
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1014


In Satoshi I Trust


View Profile WWW
April 05, 2014, 11:07:28 PM
 #7

cool, he bought it with the silver of the cryptoworld  Smiley

Doretteign
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
April 06, 2014, 11:08:48 PM
 #8

Wow! Should we expect the rise of the Litecoin? seems that it's going to take a big place in the market jointly with bitcoin! We'd better to take litecoin more seriously
Bit_Happy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1040


A Great Time to Start Something!


View Profile
April 07, 2014, 12:58:57 AM
 #9

Wow! Should we expect the rise of the Litecoin? seems that it's going to take a big place in the market jointly with bitcoin! We'd better to take litecoin more seriously

Too late:
Last year LTC went from 6 cents to $50 USD

bryant.coleman
Legendary
*
Offline Offline

Activity: 3766
Merit: 1217


View Profile
April 07, 2014, 04:46:58 AM
 #10

Wow! Should we expect the rise of the Litecoin? seems that it's going to take a big place in the market jointly with bitcoin! We'd better to take litecoin more seriously

Most of the websites which had used LTC has shut down. Examples are Atlantis and LTC-GLOBAL. It has lost its independent status, and right now Litecoin is just another altcoin.
zakalwe
Sr. Member
****
Offline Offline

Activity: 445
Merit: 251



View Profile
April 07, 2014, 05:51:54 AM
 #11

Wow! Should we expect the rise of the Litecoin? seems that it's going to take a big place in the market jointly with bitcoin! We'd better to take litecoin more seriously

Most of the websites which had used LTC has shut down. Examples are Atlantis and LTC-GLOBAL. It has lost its independent status, and right now Litecoin is just another altcoin.

"It's just another altocoin". Sure. Congrats for the fine analysis lol.

It doesn't hurt bitcoin at all man be quiet and relax. Denying the fact the litecoin A FACT won't help yourself to see the whole scenario of cryptos. Also dogecoin are growing up. And namecoin have a bright future. And peercoin. And several others.

Cheers brother.
bryant.coleman
Legendary
*
Offline Offline

Activity: 3766
Merit: 1217


View Profile
April 07, 2014, 05:57:34 AM
 #12

"It's just another altocoin". Sure. Congrats for the fine analysis lol.

It is. And Litecoin is a parasite which leaches off the Bitcoin.
smoothie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1474


LEALANA Bitcoin Grim Reaper


View Profile
April 07, 2014, 07:51:05 AM
 #13

Wow! Should we expect the rise of the Litecoin? seems that it's going to take a big place in the market jointly with bitcoin! We'd better to take litecoin more seriously

Too late:
Last year LTC went from 6 cents to $50 USD

Really? Don't think something similar can't happen. Likely not that much % gains but still...lol

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
bryant.coleman
Legendary
*
Offline Offline

Activity: 3766
Merit: 1217


View Profile
April 07, 2014, 08:06:13 AM
 #14

Really? Don't think something similar can't happen. Likely not that much % gains but still...lol

Bitcoin went from $0.0008 in 2010 to $1,200 in 2013. What about that?
zakalwe
Sr. Member
****
Offline Offline

Activity: 445
Merit: 251



View Profile
April 07, 2014, 08:09:37 AM
 #15

"It's just another altocoin". Sure. Congrats for the fine analysis lol.

It is. And Litecoin is a parasite which leaches off the Bitcoin.




No parasite, just synergetic........
BitOnyx
Member
**
Offline Offline

Activity: 112
Merit: 10

Cryptocurrencies Exchange


View Profile WWW
April 07, 2014, 08:24:35 AM
 #16

IT is nice to see litecoin is doing fine Smiley

solex
Legendary
*
Offline Offline

Activity: 1078
Merit: 1006


100 satoshis -> ISO code


View Profile
April 08, 2014, 05:58:47 AM
 #17

Wow! Should we expect the rise of the Litecoin? seems that it's going to take a big place in the market jointly with bitcoin! We'd better to take litecoin more seriously

Too late:
Last year LTC went from 6 cents to $50 USD

Ouch! Don't remind me. I was all set to send $1000 of bitcoin to btc-e to buy LTC at 6c, but held back because btc-e seemed a bit too dubious. FFS, learned a lot since then.

smoothie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1474


LEALANA Bitcoin Grim Reaper


View Profile
April 09, 2014, 09:22:55 PM
 #18

Wow! Should we expect the rise of the Litecoin? seems that it's going to take a big place in the market jointly with bitcoin! We'd better to take litecoin more seriously

Too late:
Last year LTC went from 6 cents to $50 USD

Ouch! Don't remind me. I was all set to send $1000 of bitcoin to btc-e to buy LTC at 6c, but held back because btc-e seemed a bit too dubious. FFS, learned a lot since then.


Woulda coulda shoulda...sometimes trusting your gut instinct works out well for you.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
bryant.coleman
Legendary
*
Offline Offline

Activity: 3766
Merit: 1217


View Profile
April 10, 2014, 06:06:59 AM
 #19

Ouch! Don't remind me. I was all set to send $1000 of bitcoin to btc-e to buy LTC at 6c, but held back because btc-e seemed a bit too dubious. FFS, learned a lot since then.

I agree. In 2013, BTC-E seemed to be the most unreliable Bitcoin exchange. The real identities of their owners remain unknown, and their support staff are unable to reply in English when support tickets were raised.

But now in 2014, BTC-E seems to be the most trustworthy exchange.  Grin
Acidyo
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Will Bitcoin Rise Again to $60,000?


View Profile
April 10, 2014, 09:33:30 AM
 #20

Wow! Should we expect the rise of the Litecoin? seems that it's going to take a big place in the market jointly with bitcoin! We'd better to take litecoin more seriously

Too late:
Last year LTC went from 6 cents to $50 USD

It all depends on btc's price. If it goes to 1000$ ltc will follow to 40-50$ at least.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!