Italian supercar manufacturer Lamborghini has reported record sales thanks to bitcoin and other cryptocurrency millionaires. Crypto investors are buying Lamborghinis as they're seen as the ultimate status symbol in their community. Some have even bought the Italian supercar for as little as $135. However, electric car manufacturer Karma Automotive has gone a step further, accepting Bitcoin payments at its main dealership in Newport Beach. If cars are slightly too tame for you, you can even buy a private jet if you have $40 million in Bitcoin lying around. Pietro Frigerio, the dealer principal and general manager at Lamborghini Newport Beach in Costa Mesa, California, saw sales of the car spike as the price of bitcoin skyrocketed. The dealership, which sells new and used Lamborghinis, along with other used luxury cars like Ferraris, began accepting payments through bitcoin in 2013, a year in which bitcoin saw price fluctuations from below $100 ... CheapAir, Bitcoin.Travel, Cryptocribs, Travelbybit, and a variety of others all let you plan your next trip with Bitcoin. Automobiles – If you mined enough Bitcoin in 2009, you can buy a Lambo from Lamborghini of Newport Beach, or a new BMW, or even get that classic muscle car at Classic Creations. In December 2013, a car enthusiast bought a Tesla Model S car by paying only Bitcoin. The Lamborghini Newport Beach company received 91.4 BTC (103 thousand dollars) payment via BitPay for the Tesla vehicle. According to a news report about Lamborghini Newport Beach car dealership in California, they sold a Tesla Model S electric car for 91.4 bitcoins, or $103,000 at the time of purchase. The transaction was handled by payment processor BitPay, said Cedric Davy, marketing director for the Costa Mesa, California based dealership. The dealership has never accepted bitcoin directly, but BitPay’s ... Bitcoin bulls are optimistic again and for good reason we have seen the price trading around $10k support level strongly, Nevertheless, for some days bitcoin has been moving in a close range between $9,800 and $10,200 area and If bulls are able to push the Bitcoin price above this resistance level in the near-term, it will likely ignite an upwards movement that would send it straight towards ... However, electric car manufacturer Karma Automotive has gone a step further, accepting Bitcoin payments at its main dealership in Newport Beach. If cars are slightly too tame for you, you can even buy a private jet if you have $40 million in Bitcoin lying around.
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