A Reddit user, who has been interested in cars since his childhood, got the red Audi car he wanted to buy thanks to bitcoin. The user said that contrary to popular belief, he did not spend all of his bitcoin on Audi.
Reddit user acejosh11 bought a 2013 Audi S4 with bitcoin in May. The current second-hand prices of the vehicle start from 17 thousand dollars. Acejosh11 said that behind his Audi acquisition was a favorite YouTuber. While those with the same model Audi shared photos, those who loved the color of the car made themselves known in the comments.
A user named HerrKrinkle objected to the investor’s purchase of an Audi branded vehicle and said, “Bitcoin is not something to be spent! I will remind you that after 3 years. ” said.
He spent 40 percent of his Bitcoin on the car
Acejosh11 announced that he bought btc in 2016. The user said that he lost 90% of his money with the collapse in 2017. “I had 1.5 bitcoins and sold 1.3 of them,” said the user, and stated that he held some ethereum and btc for a few years. The investor, who described himself as “lucky” with the decrease of btc to $ 3,800 in March 2020, stated that he could get a few btc for $ 4,500.
“I’m still holding the bitcoins I bought, only 1 sold last week when it was $ 10,000.”
“Stop buying cars with Bitcoin!”
A Reddit user named Milliohm stated that it is not right to spend a high value asset on worthless things, saying “wait a few years, buy a house instead of a car.” Acejosh11 is among those who responded to the post with over 500 comments. The investor said he bought an Audi with bitcoin and said, “I agree. Everyone thinks I spend all my bitcoin on Audi. But I actually sold a very small amount of bitcoins that I have. ” said.