Topic: [News] Win the Bitcoin Car or $10,000 in Bitcoins! (Read 2253 times)

Quote from: IamCANADIAN013 on June 10, 2014, 03:54:04 AM

cool, i think i'd take the car over the $10,000.. either way, you'd have to pay capital gains taxes, and the car is probably worth more than $10k.

Is it though? Cheesy

it seems like one of those fuel efficient cars, so it'll hold its value just fine. you could always re-paint the car if you don't like the way it looks.

Any car starts depreciating as soon as it rolls off the lot. With the bit coin you might be able to buy a fleet of those in 5 years.

Would you rather take $10,000 worth of bitcoin or say $20,000 cash to sink into bitcoin?

If I can get it to coinbase fast enough give me 20k. If we are in a rally I would take the 10 k worth because the jump will be rapid to say the least.

It's definitely a decision with many factors. Lots of time between here and December for things to change. Personally, I only said car because I figure it would be worth more in cash that I could flip over to more bitcoin. I don't think I could sleep at night driving that car. I hate the look of them. Cheesy

Ron~Popeil

sr. member

Activity: 406

Merit: 250

October 19 2014 Vancouver BC Canada 11:00am 3:00pm

Sweet! Gonna have to try and make it down for this. If I won I'd definitely take the car. Even with depreciation and other factors the cars worth more than $10,000 Canadian. Even if that car was a 2012, it would still go for around $14,000 used right now. Newer souls are going for $20,000+ used. These cars are killer for keeping their value.

Quote from: Ron~Popeil on June 09, 2014, 07:35:19 PM

Quote from: Ron~Popeil on June 09, 2014, 07:35:19 PM

cool, i think i'd take the car over the $10,000.. either way, you'd have to pay capital gains taxes, and the car is probably worth more than $10k.

Is it though? Cheesy

it seems like one of those fuel efficient cars, so it'll hold its value just fine. you could always re-paint the car if you don't like the way it looks.

Any car starts depreciating as soon as it rolls off the lot. With the bit coin you might be able to buy a fleet of those in 5 years.

Would you rather take $10,000 worth of bitcoin or say $20,000 cash to sink into bitcoin?

If I can get it to coinbase fast enough give me 20k. If we are in a rally I would take the 10 k worth because the jump will be rapid to say the least.

IamCANADIAN013

hero member

Activity: 714

Merit: 503

October 19 2014 Vancouver BC Canada 11:00am 3:00pm

Sweet! Gonna have to try and make it down for this. If I won I'd definitely take the car. Even with depreciation and other factors the cars worth more than $10,000 Canadian. Even if that car was a 2012, it would still go for around $14,000 used right now. Newer souls are going for $20,000+ used. These cars are killer for keeping their value.

cool, i think i'd take the car over the $10,000.. either way, you'd have to pay capital gains taxes, and the car is probably worth more than $10k.

Is it though? Cheesy

it seems like one of those fuel efficient cars, so it'll hold its value just fine. you could always re-paint the car if you don't like the way it looks.

Any car starts depreciating as soon as it rolls off the lot. With the bit coin you might be able to buy a fleet of those in 5 years.

Would you rather take $10,000 worth of bitcoin or say $20,000 cash to sink into bitcoin?

sandykho47

sr. member

Activity: 252

Merit: 251

Knowledge its everything

Wow

The design good Cheesy

agoraadnim

member

Activity: 75

Merit: 10

Nice, looks like a good promo. Need more public btc advertising like this...

hangbaibwsst412

member

Activity: 62

Merit: 10

I will continue to pay close attention to, may try to buy if in exchange.

Ron~Popeil

sr. member

Activity: 406

Merit: 250

Ah Philadelphia is on the list. How about Pittsburgh?

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Cool this is coming nearby I might have to check this out

Also noticed you missed a 0

Oct - 4th Leg


week1
October 18 214   Calgary   AB   Canada   9:00am   11:00am

http://bitpages.co/blog/win-the-bitcoin-car-or-10000-in-bitcoins-planned-north-american-bitcoin-car-giveaway-tour.html#tour

Hmm almost qualifies as a meetup for Bitcoin users as well.

Btw: Where in Edmonton ?

Also like the others would take the cash that car is going to get a ton of mileage ^_^ !

Ron~Popeil

sr. member

Activity: 406

Merit: 250

cool, i think i'd take the car over the $10,000.. either way, you'd have to pay capital gains taxes, and the car is probably worth more than $10k.

Is it though? Cheesy

it seems like one of those fuel efficient cars, so it'll hold its value just fine. you could always re-paint the car if you don't like the way it looks.

Any car starts depreciating as soon as it rolls off the lot. With the bit coin you might be able to buy a fleet of those in 5 years.

halfawake

hero member

Activity: 490

Merit: 500

I'd prefer the bitcoins personally. Do I get to choose which if I win? San Jose is only about an hour away from where I live, I'd be up for making the trip for a chance at winning this.

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: Justin00 on June 07, 2014, 05:01:06 AM

cool, i think i'd take the car over the $10,000.. either way, you'd have to pay capital gains taxes, and the car is probably worth more than $10k.

Is it though? Cheesy

it seems like one of those fuel efficient cars, so it'll hold its value just fine. you could always re-paint the car if you don't like the way it looks.

CurbsideProphet

hero member

Activity: 672

Merit: 500

what type of car is that ?
as others have said i would take the cash.

some what unrelated lol but a coworker one a porsche a number of years back. he couldnt even afford the insurance on it ($4-5k a year) it was funny and sad at the same time Sad

It's a Kia Soul.

Acidyo

hero member

Activity: 588

Merit: 500

Will Bitcoin Rise Again to $60,000?

Quote from: Whoisthelorax on June 09, 2014, 11:41:59 AM

cool, i think i'd take the car over the $10,000.. either way, you'd have to pay capital gains taxes, and the car is probably worth more than $10k.

Is it though? Cheesy

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: pozmu on June 08, 2014, 07:17:40 PM

cool, i think i'd take the car over the $10,000.. either way, you'd have to pay capital gains taxes, and the car is probably worth more than $10k.

the terms and conditions estimates the value of the car to be 24,000 Canadian.

well then, shit.. you'd be a fool to take $10,000 over a $22kish car.. sell it for $13k and come out on top.

Marlo Stanfield

sr. member

Activity: 490

Merit: 280

Quote from: WtwkG on June 08, 2014, 04:05:30 PM

Is it for American residents only?

Quote

VOID OUTSIDE THE 50 UNITED STATES, DISTRICT OF COLUMBIA, CANADA AND WHERE PROHIBITED BY LAW.

What if you're a citizen but currently outside of the country? Still eligible?

Whoisthelorax

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