In a staggering development, the seller of a luxury one-bed apartment in Miami Beach has indicated that ONLY Bitcoin will be accepted.

The price? 33 Bitcoins.

That’s nearly $550,000 if you’re still more comfortable with “old” fiat money.

Is this a gimmick?

Almost certainly. And likely a fantastic way to attract serious media attention to the property listing.

The biggest question we have is: will the seller be changing the listing price on a daily basis to keep up with the inevitable Bitcoin price fluctuation.