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Author Topic: Buying aircraft for BTC  (Read 4758 times)
TTBit (OP)
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May 27, 2011, 05:41:36 PM
 #1

Open offer: 10,000 BTC for http://www.cessna.com/single-engine/skycatcher.html

Currently about 115,00 USD each. I would like a *brand new* one (less than 50 hours) delivered to any airport of my choice in the USA.

If you're looking to put serious money into bitcoin, but don't want to move the market, this is an option.

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ataranlen
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May 27, 2011, 07:26:14 PM
Last edit: May 27, 2011, 07:48:33 PM by ataranlen
 #2

Did you already try to talk to one of their sales managers about accepting Bitcoin?

http://www.cessna.com/single-engine/skycatcher/skycatcher-us-sales.html



While looking up models, I found my Uncle and Aunt's plane registrations. I didn't know anyone could search and see what planes they have registered in their name!

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May 27, 2011, 07:33:54 PM
 #3

Open offer: 10,000 BTC for http://www.cessna.com/single-engine/skycatcher.html

Currently about 115,00 USD each. I would like a *brand new* one (less than 50 hours) delivered to any airport of my choice in the USA.

If you're looking to put serious money into bitcoin, but don't want to move the market, this is an option.

You didn't happen to sell a pizza in an earlier life, did you?

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May 27, 2011, 07:37:05 PM
 #4

Open offer: 10,000 BTC for http://www.cessna.com/single-engine/skycatcher.html

Currently about 115,00 USD each. I would like a *brand new* one (less than 50 hours) delivered to any airport of my choice in the USA.

If you're looking to put serious money into bitcoin, but don't want to move the market, this is an option.

You didn't happen to sell a pizza in an earlier life, did you?

+1 :]


"Bitcoin Pizza turns into Bitcoin Cessna!"

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TTBit (OP)
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May 27, 2011, 10:24:03 PM
 #5

Open offer: 10,000 BTC for http://www.cessna.com/single-engine/skycatcher.html

Currently about 115,00 USD each. I would like a *brand new* one (less than 50 hours) delivered to any airport of my choice in the USA.

If you're looking to put serious money into bitcoin, but don't want to move the market, this is an option.

You didn't happen to sell a pizza in an earlier life, did you?

Ha. I'm sure 10k bitcoins will buy planes, castles and small islands in the near future. I'll settle for a small plane.

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May 27, 2011, 11:13:27 PM
 #6

Open offer: 10,000 BTC for http://www.cessna.com/single-engine/skycatcher.html

Currently about 115,00 USD each. I would like a *brand new* one (less than 50 hours) delivered to any airport of my choice in the USA.

If you're looking to put serious money into bitcoin, but don't want to move the market, this is an option.

You didn't happen to sell a pizza in an earlier life, did you?

Ha. I'm sure 10k bitcoins will buy planes, castles and small islands in the near future. I'll settle for a small plane.


I have a red paperclip if someone would like to trade.

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May 28, 2011, 12:03:13 AM
 #7

Isn't 10k BTC kind of a bit low for a plane worth $115k USD.
10k BTC are worth about $85k USD at todays rate, why would an investor pay $115k for something only worth $85k, and even less if he tried to actually sell it.

A buyer wanting to spend that much USD would push the price up, thus making his investment worth more.
For you to sell 10k BTC you would push the price down thus getting even less then $85k for them.
I think a more reasonable/fair price is more like 15k+ BTC.
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May 28, 2011, 12:18:57 AM
 #8

It was more of a joke than a serious offer, I'm sure.  Search the forum for the 10K BTC pizza.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

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May 28, 2011, 01:47:29 AM
 #9

It was more of a joke than a serious offer, I'm sure.  Search the forum for the 10K BTC pizza.

10k pizza was over a year ago, made sense back then.. So does this.. Somehow..
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May 28, 2011, 02:21:24 AM
 #10

It was more of a joke than a serious offer, I'm sure.  Search the forum for the 10K BTC pizza.

10k pizza was over a year ago, made sense back then.. So does this.. Somehow..

A year from now, when 1 BTC is worth $100k, we're all going to be looking at this guy like... SRSLY DUDE? YOU PAID 10K BTC for a plane?!

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May 28, 2011, 02:32:50 AM
 #11

It was more of a joke than a serious offer, I'm sure.  Search the forum for the 10K BTC pizza.

10k pizza was over a year ago, made sense back then.. So does this.. Somehow..

A year from now, when 1 BTC is worth $100k, we're all going to be looking at this guy like... SRSLY DUDE? YOU PAID 10K BTC for a plane?!

He said it first, 1 year and counting and I am super REEECH :0

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May 28, 2011, 02:34:49 AM
 #12

Isn't 10k BTC kind of a bit low for a plane worth $115k USD.
10k BTC are worth about $85k USD at todays rate, why would an investor pay $115k for something only worth $85k, and even less if he tried to actually sell it.

A buyer wanting to spend that much USD would push the price up, thus making his investment worth more.
For you to sell 10k BTC you would push the price down thus getting even less then $85k for them.
I think a more reasonable/fair price is more like 15k+ BTC.

The pushing up happens as he buys, not after.

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May 28, 2011, 02:37:22 AM
 #13

I was considering financing most of one of those planes just to invest into Bitcoins. Pay it off in cash and count it as an investment! Grin

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May 28, 2011, 02:56:58 AM
 #14

I hope, if this transaction is successful, that you consent to talk to the press about it. It could easily make national news!

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TTBit (OP)
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May 28, 2011, 03:23:33 AM
 #15

I am serious.

It is a standing offer that I anticipate would not go through until coins get closer to $13 - $15. At that point, it should make sense for group of investors to put the cash together.

I will create a new bitcoin address, post here and deposit the 10k upon request to verify funds.

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May 28, 2011, 03:38:45 AM
 #16

I'd pay off most of my mortgage if I had that many BTC.  Hopefully a year from now it may be a possibility.

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TTBit (OP)
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June 06, 2011, 05:45:51 AM
 #17

Didn't want to bump, but a deal is being worked out for less coins and older aircraft. Thanks for the interest.

good judgment comes from experience, and experience comes from bad judgment
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June 06, 2011, 06:58:16 AM
 #18

Didn't want to bump, but a deal is being worked out for less coins and older aircraft. Thanks for the interest.

Call the local press dude!
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June 06, 2011, 09:36:12 AM
 #19

Didn't want to bump, but a deal is being worked out for less coins and older aircraft. Thanks for the interest.

Hope you can tell us more about the deal, and show us some pictures!

Also: Please go to the press with this, this is a great news story!

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June 06, 2011, 09:39:14 AM
 #20

So less than yesterdays pizza financed an aircraft today. This is what i call a sound currency.
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