Bitcoin ATM Receipt for the sell
If anyone remembers that day, transaction fees skyrocketed over $100 and coinbase went down. I had no choice but to use the Bitcoin ATM in Sandy which charges a 10% fee (BTC was actually at $16.5k)
Previous thread: https://www.reddit.com/r/Bitcoin/comments/7k9f6r/should_i_buy_a_car_please_help/
Couple months ago I asked if I should sell some Bitcoin to buy a car. At that time, I (probably along with many of you) was under the impression bitcoin might have been upwards of $40k by now, so I was wondering if it was worth spending it.
I live in a city with decent bus system, but taking the bus still turns a 20 minute car drive into a 1.6 hour bus trip.
I ended up buying a '99 Subaru with 210k miles for $700. After some OBD-II trickery to get it passed emissions (knock sensor CEL), and tail-light replacement to pass safety inspection, I'm finally driving again!
Cost to get running:
$700 purchase price
$20 OBD-II reader
$30 emissions inspection
$15 safety inspection
$27 oil change
$6 tail light
$86 registration fees
$30~ gas
Total: ₿0.0553 Bitcoin
Value at the time: $914 (I sold at $16.5k)
Value today: $526 (BTC now at $9.5k)
Actual investment: Cloudmining with free Google Cloud trial
(Since their motto changed from "Don't Be Evil" to "Do The Right Thing", I believed this was the right thing to do. Google makes like $18k profit per minute....)
...I just want to say that having a car has improved my quality of life dramatically! Best way to describe the feeling is that I feel human again.
The amount of time I've saved by having a car has been well worth the cost of selling.
So I guess the point of this post is, to all you "HODLers":
If you don't have a car but own enough BTC to buy one... maybe you should sell, so you can buy yourself an extra 2.5 hours a day that could be put to something better than riding the bus.
FUCK riding the bus, I'm in my late 20s.
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