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Miami penthouse goes on the market for 33 bitcoin -- cash not accepted

Attention bitcoin millionaires in a position to spend your cash: here’s an excessively real-world acquire choice -- no conventional cash required.

A Miami penthouse was listed on genuine property website online Redfin Corp. RDFN, -9.84%   for 33 bitcoin -- and that’s the one type of cost the list says the seller will accept. Thirty-three bitcoin BTCUSD, -1.63%  interprets to about $542,000.

Redfin
The individual list this Miami penthouse will handiest accept bitcoin.

The one-bedroom, one-and-a-half-bath condo has prime ceilings, wooden flooring and perspectives of Biscayne Bay and the Miami skyline. The building includes a gym, infinity pool, spa and celebration room. Price? “ONLY ACEPTING BITCOIN,” says the list (including the typo).

Redfin says that is the first list on the website online in which the seller has specified bitcoin as the one cost choice, although about 75 other dealers have said of their listings that they would be keen to simply accept bitcoin as cost. A Redfin spokesperson said lots of the homes with the word “bitcoin” of their list description have been positioned in either California or Southern Florida.

Redfin
The Miami condo comprises get entry to to a gym, spa and infinity pool.

“Buying or promoting a home is in most cases the most important transaction in someone’s life,” said Redfin leader economist Nela Richardson. “Switching to a foreign money with so much volatility puts other folks in danger in an area that are meant to be a sound, stable funding. We suppose this home on the market is more of an extraordinary match than the beginning of a larger trend.”

Other homes on the market that accept bitcoin come with this five-bedroom San Francisco home with perspectives of the Palace of Fine Arts, which is listed for $5.1 million (about 300 bitcoin). This four-bedroom home on Miami Beach’s exclusive Hibiscus Island is promoting for $2.45 million (about 150 bitcoin). Don’t have as many bitcoins to spare -- or just seeking to HODL as many as you'll? This townhouse in Miami is promoting for $338,878, which is as regards to 20 bitcoin.

U.S. bitcoin futures on Wednesday retreated under the $18,000 mark of their 3rd complete day of trading, whilst the spot value for the No.1 digital foreign money pulled again below $17,000.