Today's current pricing of bitcoin in our country actually surpassed that of a Honda Civic's price, and you can buy a fresh 2010 or 2012 model of any sedan that you like. The rest of September would bring a fruitful profit for everyone and I don't really see any real reason for the price to flop.
$7000 would be more than possible by the end of this year at this rate.
I owned a second hand Honda Civic in our country and I must say that indeed 1
BTC is more than to get it and you can get a much latest model with the current price of bitcoin. So I guess its really possible now to get a car with the current price specially in Asia. I'm very optimistic that this month will really bring good profit and do hope that the massive bull run will continue.
Literally speaking, 1 BTC in Philippine Peso worth around 240,000 in which we could buy a 2nd hand car and/or use it as Downpayment for a Brand New Car. Though Bitcoin is still growing and we can't say actually what would be the outcome in the succeeding days and/or months. We all know that fluctuation is already part of the industry and a drop might happen anytime.
But, I'd hope that it would continue to grow and I have a lot of expectations towards this industry. Though we also need to be always prepared for what can happen today, tomorrow and in the future.
Yes, Kabayan. That's why I'm planning already to sell my second hand Honda Civic then add some cash my from bitcoin earning to make a down payment for a brand new car. I already had a buyer and hopeful we can close the deal this month.
Just stay optimistic about it, but if there are bumps along the way, I'm sure bitcoin can recover as proven from the past. It can rebound and the price can go even higher as expected.