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Topic: 1000 Bitcoin: The World's Most Expensive Prius (Read 16731 times)

sr. member
Activity: 854
Merit: 257
So he bought Prius for 1000 Bitcoins years ago, that is a whole lot of money now. Well he never knew Bitcoin will get to its current height as of today so he had to use his money to get what he wanted as of that time. So many cases are seen in so many places, people who sold their bitcoin before the bull run.
Who wouldn't know what will bitcoin capable of in the future and at that moment few people don't trust investing on bitcoin since only few people are using it unlike today million of people are using it and still counting. At that moment when he bought a prius using his bitcoin he is already satisfied on what the value it is.
member
Activity: 448
Merit: 17
If I'm not mistaken, at the end of the video he said how he got the money to buy that prius. He borrowed and made money out of it, so he bought a car from that. So basically, he said he didn't regret buying it because it's like a freebie from his loan.
an item value is very dependent on the buyer. if the buyer says the item has historical value, any item at a price can be very expensive. there is no expensive item if the buyer does not use it. This is only a trade that can be very unique and strange, but this can become a reality.
member
Activity: 574
Merit: 12
So he bought Prius for 1000 Bitcoins years ago, that is a whole lot of money now. Well he never knew Bitcoin will get to its current height as of today so he had to use his money to get what he wanted as of that time. So many cases are seen in so many places, people who sold their bitcoin before the bull run.
sr. member
Activity: 1162
Merit: 268
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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.  Grin


Well, my opinion to this one is the guy is predicting that bitcoin will not be that famous and its price will not pump, So as soon he had still that kind amount of bitcoin, He rushes and bought a car without thinking. But look on the bright side the car has many uses for every day. Unlike the 10k BTC for just for pizza right?
newbie
Activity: 14
Merit: 1
I mean no one knew what the price of bitcoin would be in the next couple of years, so i think it’s not a bad decision, if he really enjoys the car. Of course, it also depends on how he actually got the bitcoins. If he actually earned them then i don’t see anything wrong with buying the car.
newbie
Activity: 28
Merit: 1
Everything is developing, like cars that have been depreciating since they were bought, and Bitcoins that have been rising since they were bought. But he needs a car.
hero member
Activity: 1834
Merit: 566
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!!
You don’t need to be rich just to have a car like this, and before the price of bitcoin is cheap that’s why it took a 1000 bitcoin before you have your car. That guy is an early adopter of bitcoin, and that’s why he was able to buy more bitcoin. This is already a history, that car is also a history for sure more stories will come out like this.
Yes, more stories like that will come out in the future but the last time I checked most of the people that spent much Bitcoin just like the guy are not early adopters alone but also an early miner of Bitcoin. Do you remember the man that bought thousands of Bitcoin with pizza?
full member
Activity: 686
Merit: 108
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!!
You don’t need to be rich just to have a car like this, and before the price of bitcoin is cheap that’s why it took a 1000 bitcoin before you have your car. That guy is an early adopter of bitcoin, and that’s why he was able to buy more bitcoin. This is already a history, that car is also a history for sure more stories will come out like this.
legendary
Activity: 1792
Merit: 1283
Look, if I were that guy, I wouldn't regret buying that car, even if I paid 5000 Bitcoins for it.
Back in 2013, I also spent a couple of Bitcoins on stuff that's already broken by now, like a Samsung Galaxy S5.

I don't regret buying it, because I don't live in the past.

What a sad life you must live if you always have to think back on how you've missed out or whatever.
full member
Activity: 812
Merit: 100
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.  Grin
Many people change their life because of high price of bitcoin in 2017 I have a friend that because of bitcoin she built a new house, it's not expected but it's truly amazing that time. Nothing is impossible if you want to reach your goal in life and maybe this people who got thousands of bitcoin is from their hard work and determination to make a great a profit in crypto.
sr. member
Activity: 2506
Merit: 368
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".
Exactly! With that investment he had within three months, he had already a free with a borrowed money and that's kind of risky if you think it. But luckily Bitcoin did not fail him so he got his own car with just a borrowed money. Imagine that $10 to $22 per Bitcoin at the time. That's a big growth for his borrowed money to increased and then return to the person that he was borrowing with the money. At least he learned his lesson every time he wants to invest in something.
sr. member
Activity: 1078
Merit: 342
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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.  Grin
At least he bought a car with bitcoin, I don't think it's a bad thing! It's true that if he wait until 2017, he could buy a lambo! but I don't think that guy is so greedy or maybe I don't think he was aiming for saving bitcoin so much for the future! Maybe he's regretting right now because of that, but this is the destiny, it can't be changed. In his place, maybe I cash out some of my bitcoin and hold the big part, because really, I believe in bitcoin price to increase so much in the future.
full member
Activity: 608
Merit: 100
It is very nice to be able to have a lot of bitcoin at that time and sell it in 2017, and I can make sure that they will be able to become a billionaire of the bitcoin investments they make.
legendary
Activity: 2016
Merit: 1107
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.  Grin

well it is one hell of an expensive Prius
but on the other hand , not as expensive as one famous pizza, right Smiley
also I am pretty sure he didn't spend al lof his bitcoins on that purchase
people who have 1000 bitcoins or had, are usually miners and early adopters
I have seen them waste thousands of bitcoins ,literally losing them and tipping away
hero member
Activity: 2184
Merit: 531
Thinking "what if" will get you nowhere.
If you held all the money you were given as a child for ice cream cinema and toys you'd have a lot of money now. If you came into the crypto space in 2010 you would be claiming 1 BTC from a faucet every day. Many people bought stuff with bitcoins before 2017. Should they start listing their most expensive TV's computers, bikes, and other stuff?
hero member
Activity: 2618
Merit: 548
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This has happened, because he could have never thought that the price of bitcoin will reach high in such a short time period of ten years. He needs to be appreciated, because these are the people who made bitcoin an valuable token with buying and selling with it. If those incidents and related several other incidents hadn't happened bitcoin could have never got big Marketplaces accepting bitcoin at present.
hero member
Activity: 1764
Merit: 584


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.  Grin

That would have required him to wait for 3 more years. He probably weighed his options and decided he can use some of the bitcoins to buy that car. He don't seem to really regret it much. As he said, he basically got the car free from the profit he got from the money he borrowed to invest in bitcoins.
full member
Activity: 1470
Merit: 148
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!!

 Grin never mind were there is money you would buy even more expensive one like that, sorry to say that comrade. The guy did absolutely well by using the power of Bitcoin Hodler, hope to buy one some day with my little fraction. Showing the entire world the potentials of Bitcoin is a welcome idea.
hero member
Activity: 1260
Merit: 524
Everyone is telling that what he bought is costly and if would have waited for 2017 then would have got more profit, but tell me who ever had bitcoin at that time have sold in that high price. out of 10 only 2 or 3 have sold and other are crying now. So at what time he sold and bought prius was a good decision for him. Even in 2025 when the price will be more then $50k that time who ever have sold in 2017 will be feeling sorry for it.

So dont see the future if you have commitment then fullfill it and balance keep for future.
full member
Activity: 2086
Merit: 193
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!!
Bitcoin is just a small dollar before so he might probably earn that money too when he bought bitcoin at a cheaper price. Today, the price is more expensive and many investors don’t want to spend their bitcoin anymore. I also want to hold than to buy anything with bitcoin.
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