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Old 10-24-2021, 10:12 PM   #1
Blastermasterz\two8
 
Drives: 2015 z28 camaro 1981 z28 camaro
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Bitcoin? Z28?

Financially and in the future. Will a bitcon be a best bet for holding value and getting my money back as an investment? Should I sell the car to buy a bitcoin? Just a question I been asking myself. I work alot I bought the car with 12320 miles car has 13k now hardly driven it seems like bitcoin will be worth 100k. Bitcoin is worth around the same price ATM.
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Old 10-25-2021, 03:04 AM   #2
AlanRubin
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Bitcoin is at an all time high right now. The time to buy was when it was in the
30,000 range. You would have doubled your investment.

So, if you invested $24,000 when it was 30,000, you'd have $48,000 at 60,000

I just don't know how much higher it can go...
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Old 10-25-2021, 05:37 PM   #3
Blastermasterz\two8
 
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Quote:
Originally Posted by AlanRubin View Post
Bitcoin is at an all time high right now. The time to buy was when it was in the
30,000 range. You would have doubled your investment.

So, if you invested $24,000 when it was 30,000, you'd have $48,000 at 60,000

I just don't know how much higher it can go...
Yeah who knows 80k is possible 🤔 sometime next year. I bet that coin don't got an ls7!! rum rummm
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Old 11-10-2021, 12:46 AM   #4
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$80,000 will happen in a few weeks.

I would invest in ETH, Cardano, Algorand. Bitcoin is moving because of inflation, however it's not sustainable long term. We have missed the boat with Bitcoin (assuming you never invested like me, oops).

Would keep the Z/28. It'll be held in high regards in terms of collectible/artistic value.
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Old 12-01-2021, 08:16 AM   #5
Blastermasterz\two8
 
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Quote:
Originally Posted by GeneRoss View Post
$80,000 will happen in a few weeks.

I would invest in ETH, Cardano, Algorand. Bitcoin is moving because of inflation, however it's not sustainable long term. We have missed the boat with Bitcoin (assuming you never invested like me, oops).

Would keep the Z/28. It'll be held in high regards in terms of collectible/artistic value.
Had money in bitcoin but sold and now regret it. Been putting some money on etherume for now. Z28 in 2035 I say will be worth 95k
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Old 02-25-2022, 09:41 PM   #6
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What’s the 1/4 mile time of a bitcoin?

Last edited by Hda; 02-25-2022 at 10:36 PM.
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Old 02-27-2022, 03:12 PM   #7
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IMO, bitcoin will be the common currency in the future, but a Z28 will not be as common to come by, as it is already kinda rare. You missed your window on the bitcoin blow up... might as well look for other investments and keep that Z28.
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Old 02-27-2022, 04:35 PM   #8
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Quote:
Originally Posted by Hda View Post
What’s the 1/4 mile time of a bitcoin?
It varies; sometimes its really slow, and sometimes its super fast.
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Old 02-01-2024, 11:23 PM   #9
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the only crypto project that has some reasonable potential to "blow up" is XRP. everything else is just speculation. XRP is not aiming to revolutionize finance, it's not decentralized, it's not about smart contracts or other fashionable (but unreasonable) features. It's down to earth project backed by a real company with a real market use case.

said so, I would NEVER put crypto speculation is the same boat as car and no, neither of those is an investment. If you want to invest you should buy SP500 and keep your money there for dozens of years.
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Old 02-02-2024, 07:22 AM   #10
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Always interesting to go back to these kind of threads after a few years.
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Old 02-05-2024, 09:09 AM   #11
IdahoRob
 
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Can't take bitcoin out on date night or a weekend track event. These two topics (cars and investing) are apples and oranges. IMO, investing in the stock market will return way more money then a Z28. I don't own a Z as an investment, I own it for the pure joy of driving it.
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Old 02-06-2024, 03:51 AM   #12
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Quote:
Originally Posted by void_kp View Post
If you want to invest you should buy SP500 and keep your money there for dozens of years.
I think its the only way with crypto too, buy it, forget about it for a few years, hopefully get a nice surprise when you remember again.
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Old 02-17-2024, 11:39 AM   #13
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I sold several vehicles, Z/28 included, and moved the money into investments. Some crypto as well, mostly BTC and ETH. With two young kids I couldn’t use any of the fun cars like I would like. I get bummed every once in a while, but haven't really regretted the decision. Between property tax, insurance, maintenance holding a vehicle like the Z/28 just didn’t make sense anymore.
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Old 02-17-2024, 11:58 AM   #14
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NVDA was the proper play...... not Bitcoin

Fridays close.
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