in Albany, New York, also began accepting bitcoin payments through BitPay in December. Dollars in exchange for cryptocurrency, although Saszi adds they haven't sold a car that way yet. Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: /bitsonline, today, Bitcoin is all over the news, seemingly hitting a new record high every other day. He added: Although the concept of bitcoin is hard to grasp, the process as put forth by BitPay is quite simple. We can only hope this situation improves sooner or later, as there is no reason not to accept Bitcoin payments even if that means using Bitpay or similar services to convert to ones local currency right away. "It is a way for us to reach customers that we normally wouldn't Rubinchuk says. Let us know in the comments. Doug Doyle, the dealerships general sales manager, said: Realizing we need to be ready to accept change in this constantly broadening virtual community, we agreed to our first bitcoin sale.
He bought the car in despite the Bitcoin Lambo memes warning against buying a car with the rapidly-appreciating bitcoin. According to Saddington, he became the first person ever to buy a Lamborghini with bitcoin, earning his car the name, Bitcoin Lambo. If you can get hold of Doc Browns flux capacitor, you could even travel back in time to mine a few bitcoins back in 2010 which would be much easier than betting on a bunch of football games.
Lamborghini with part of his bitcoin holdings as the price exploded to a new all-time high in the first two weeks of October.
And not only was he able to purchase the Lambo with bitcoin, he got away with only paying 115 for the supercar.
Peter Saddington, a 35-year-old coder living in Atlanta, paid 45 bitcoin s to ride off in a 2015.
Lamborghini, huracan (price tag: 200,000) last fall, at the height of the crypto craze.
The list price clocks in at 387.40 BTC, but you can try haggling.
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Since beginning to use BitPay, Rubinchuk says the dealership has completed one how forex market works transaction with cryptocurrency, selling a 2017 Subaru Impreza for.33783 bitcoin, or 34,500 to a man in Virginia. Image via VinWiki/YouTube centra Tech Tokens Added to HitBTC Exchange for Trading. This is just one car dealership embracing Bitcoin payments which are immediately converted.S. Also Read: Humble Bundle Is Selling Popular Bitcoin Books for. Simple and seamless, just as they said. He said he had looked into buying a Lamborghini in the past without bitcoin but his wife shot him down. It also shows this Lamborghini representative has no intention of keeping money in Bitcoin unless absolutely necessary.
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