A Bitcoin investor in the United Kingdom crashed his Lamborghini that’s worth a whopping $356,000.

If you’ve been immersed in the cryptocurrency world for some time, you’re used to hearing “When Lambo?” when it comes to Bitcoin price. As BTC dramatically shot up in value over the course of 2017, many who had bought in early found themselves quite wealthy. The status symbol of choice to represent this newfound wealth was the Lamborghini. Of course, when the price of cryptocurrencies began to fall in 2018, “When Lambo?” became a lament. Bitcoin and Lamborghinis go together like peanut butter and jelly, which is why it’s sad to see a Bitcoin investor crash his sweet ride.

Lamborghini in a Ditch

The crashed Lamborghini was first reported to police around 1:30 am yesterday. The SE 20 Viola Lamborghini Huracán Performante was found in a ditch around 7 am in North London. A man, Andrew Laurence, who spotted the car, told The Mirror:

It happened on a dangerous part of the road. It’s a road where people put their foot down. We don’t see many purple Lamborghini’s around here but there are a lot of footballers because it’s close to Spurs’ (Tottenham Hotspur) training ground. The car was facing the wrong way and was on the wrong side of the road in the ditch. It must have spun off the road during the night. I got out to check that no one was still in it. I have no idea how the driver got out – it was sideways in the ditch.

It turns out the car is owned by Michael Hudson, the owner of Bitstocks, a cryptocurrency market advisory and investment firm. A video of the Lamborghini getting pulled out of the ditch explains that Husdon was not drinking or driving at high speeds. It’s quite probable that he just lost control. Fortunately for Hudson, he was not hurt and, surprisingly, it seems that the car only sustained minor damage. (Pretty sure his insurance rate is going to go up after he puts his claim in!)

Bitcoin Holding Steady

As for the world’s foremost cryptocurrency, it’s holding steady at $3,860. This marks a small decrease of 0.27 percent over the last 24 hours.

Since late December 2018, BTC has hovered around the $3,800 mark, going up or down a hundred dollars or so. Late February saw the cryptocurrency hit almost $4,200 as the entire marketplace followed suit, but this gain was reversed a day later as it fell back to its current level.

Still, there is continued optimism that Bitcoin (and other virtual currencies) will undergo a bull run sometime in the future. Nasdaq recently launched Bitcoin and Ethereum indexes, and Julius Bär, one of the largest banks in Switzerland, announced they will soon offer a range of digital assets to their clients.

If a massive Bitcoin bull run takes place, one wonders how many Lamborghinis will be bought by those who had been hodling a long time. If you become rich enough to buy one, make sure to keep it on the road and out of a ditch!

How upset would you be if you crashed your Lamborghini? Let us know in the comments below.

Images courtesy of The Mirror, Wikimedia Commons/Norbert Aepli, and YouTube/Yiannimize.