When will BTSX be able to buy you a CAR?

Started by jwiz168, September 03, 2014, 06:19:25 AM

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eagleeye

TheValueSwan
www.thevalueswan.com

lucky331

i think OP meant "when will car companies accept btsx?"

xeroc


eagleeye

Quote from: xeroc on September 03, 2014, 06:49:16 AM
you will almost surely NEVER be able to by a car from btsx .. more likely from bitUSD, or bitEUR ...

Anyway, 'guessing' future values will almost certainly fail!

What do you mean?  If you have 10,000 BTSX and it goes to $1 dollar, you can buy almost buy a $12,000 Ford Focus http://www.ford.ca/cars/focus/ .
TheValueSwan
www.thevalueswan.com

xeroc

you will almost surely NEVER be able to by a car from btsx .. more likely from bitUSD, or bitEUR ...

Anyway, 'guessing' future values will almost certainly fail!

jwiz168

Just to make a little bit interesting with BTSX investments. One year from now ? who knows ? and it may take 3-5 years before you can cash enough BTSX in to buy a new house. IMHO, that is my confidence in BTSX.