Crypto Academy

When Lambo

"When Lambo"

3 min reading

Read till the end and get a deeper understanding of what the expression ‘when lambo’ means.

When Lambo

"When Lambo"

In every sphere, sooner or later there appears a peculiar expression denoting a symbol of success, which is shoved in the face of people from the outside, proving their superiority, or is used as a conventional “ruler” to find out who is richer. And it’s everywhere. Sheiks boast of yachts, oligarchs – of soccer clubs, owners of cigar firms in Latin America have popular penknives with ten thousand dollars and more. In the crypto world, the Lamborghini became a symbol of success. And unequivocally and without any alternative.

Recently, the cryptocurrency market has been quite tense: one can not only make millions of dollars on fluctuations of bitcoin, ether, and other tokens, but also lose no less. To understand what traders are talking about, you need to master “professional” slang. Cryptocurrency owners want fast money. There is such slang as “When Lambo.” 

What does it mean? By “When Lambo” they mean “When will you buy a Lamborghini?” – That is, get rich enough on bitcoin to afford to buy a luxury car. Its appearance is because cryptocurrency holders often get rich very quickly. Asking a question like this is asking if he or she has managed to make really good money from cryptocurrencies.  

It all started back in 2017 when the community discussed the purchase of bitcoins of the Lamborghini Huracan ($200,000) by programmer Peter Saddington, who bought bitcoins in 2011 for $3. Another unknown successful cryptocurrency maker bought a supercar for bitcoins to prove a feature of cryptocurrency.There has long been an online website When-Lambo, which allows you to estimate when cryptocurrency savings will allow you to buy a sports car. Also, the exchange Yobit launched in circulation currency Lambo Coin. But unfortunately, as of today it no longer exists. Later, it became a tradition to ask the question “When is a Lambo?” at each new coin presentation. Lamborghini memes flooded all the thematic communities. There is even a famous meme with an image of Vitalik Buterin, the creator of ethereum, as Jesus holding a red Lamborghini. For his part, Buterin threatened to leave the ethereum project if the industry is dominated by quick-enrichment schemes offered by cryptocurrency fans. 

At the same time, Lamborghini itself takes this attention from the cryptocurrency community more than favorably, as sales of supercars are growing thanks to it. Moreover, the management of the automaker admitted that Ethereum price fluctuations have had a noticeable effect on sales lately. Well, of course, the company’s dealers (at least some of them) began to accept the cryptocurrency. And the fastest car in the line – Lamborghini Aventador LP-750-4 SV Roadster – in the U.S. was sold only for bitcoins.

Conclusions