O n May 11 2020, the crypto world experienced the phenomena knows as Bitcoin halving . For those who are still a little looney-toons regarding this phenomena, here's the lowdown . Moral of the story is that, as the Bitcoin supply decreased and it's 21 million market cap slowly approached, it was widely accepted that the low supply and high demand will increase the price of the cryptocurrency back to its previous highs. Basic business right? Wrong! Source: Equity Trust Company BTC prices actually fell and after briefly holding steady, are only just rising above the 10000 USD range. Surprise eh? Well, we are not done yet. Because while the most valuable crypto coin wasn't showing it's expected gains, some other cryptocurrencies shot to outer space. There was no SpaceX rocket nor a Tesla Roadster involved. These "altcoins" bumped up in their market value thanks to the entire underlying system of cryptocurrency: investor speculation. But what exactly are these ...
Imagine the most sporty kid you know win a 100 m race.
Simple right? Now imagine the quietest kid, the person who wants-to-skip-P.E wins
a 100 m race. Huh doesn’t make sense does it? But that is exactly what the GTR
was for Nissan. A surprise move into the
big boys leagues at a fraction of the price.
Traditionally a company which made its name by
mass-producing consumer level cars, the release of the GTR was greeted with
Mount-Everest sized scepticism as well as lot of forehead scratching and
intensive face-palming. We thought Nissan lost its balls or in more polite Japanese
terms, showed an amazing example of hara-kiri. But when the automobile proved itself
to be one of the fastest 0-100 (62mph) cars, a lot of heads turned. The
additional fact that car came with a typical Japanese build quality (which is good)
and very practical price (which is also good), made the car a very quick
seller.
For Nissan it was a massive success, like a guy buying 2
lottery tickets and winning both. It’s like how the LFA changed the entire
perception of Lexus, cuz if you didn’t know Lexus then you definitely would now.
More people can identify a GTR compared to a McLaren, a Koenigsegg, and a
Bugatti. It is a poster boy for games, underground racing as well as the car
you juuusst waaannnt to tune. You could add a ridiculous amount of car paraphernalia
and it would still bring people to rip out their phones and post it on Instagram
, in a good way.
But over time it has frayed out, hopelessly out gunned by
big name rivals like Ferrari, Lamborghini, and Porsche. From the poster boy, it
became a car for beginner thrills, or if you were more wallet conscious. And in
a sense this was probably what Nissan’s target market was, people who want to
go fast but not enough to hopelessly burn their wallet. But while the
competition became better the GTR was downgraded from supercar to a mere sports
car status. I can wager than given a long enough roads even a BMW M5 could beat
it. And the M5 is nothing more than leather and German tech on 4 wheels.
Compared to the likes of Ferrari versus compared to the likes of BMW surely
represents a significant difference.
You think Nissan would do something, but sadly other than
M&M sized increases in power and few facelifts which were nothing more than
erasing parts of the original diagram and adding an extra line or two, the GTR has
stayed the same. For Nissan it was probably okay. At the end of the day they
are not a specialised sports car or supercar company and with their life bread
being consumer cars like X-Trails (Rogue I think) and cargo vans it could rarely afford to go all
in in the supercar business. While the GTR still remains a respectably cheap
fast car, it is only fast as a Saturn V rocket for the first 2-3 seconds after
which it peters out. If it sells well, Nissan are happy and considering they
had a huge financial crisis a few years ago, it would be prudent for them to
carelessly splash some money on something already going well.
This is exactly why the Italdesign Nissan GTR represents a
radical change in its philosophy.It shows they too want to build a supercar, they want to invest and finally make it back to the upper echelons of their glory days.
Nissan have made a futuristic car before but that was only
for Gran Turismo. This however is an entirely new breed. With 710 horsepower it
represents a radical change from the standard GTR’s 565 horsepower. I’m not
going to delve into specs so much because the main thing, the elephant In the
room, is how much more refined and gobsmackingly beautiful this new car looks.
I mean just looooook at it. It could stop traffic from a mile away and its even
astronauts in ISS would have been able
to admire its wonderfully lustrous back-side while it sashayed through the
hills of Goodwood. And that’s good.
Now you might say, ‘There is no way they would mass produce
it right?’ And you are indefinitely correct. This car is as one-off as your
sibling actually behaving nice to you. In other words it is very rare. There is
a lot of incessant chatter regarding how Nissan is planning to make 50 of them
for 800,000 pounds. And they are probably going to be sold out faster than
ice-cream on a hot summer day. Not like many of us have 800,000 pounds lying
anyway. But this has definitely put Nissan back in the supercar-ball game.
People who can afford this amount of money are not
super-keen on specs. They like cars which can give the visceral growl but they
are likely to be purring along Knightsbridge, trundling towards the next Monaco
casino, or taking a long drive along the beautiful paved Middle Eastern desert.
And Nissan GTR is a sure standout. With higher performance and super-model
looks it is going to attract unfathomable looks of envy not only from the
car-spotters but also from that Ferrari, or Lambo owner (trying his best to put
a brave face while discreetly crying) in the corner. And that was a Nissan GTR
should be about. A proper poster boy.
If you are crying or desperately trying to open a budgeting
app to save up money to buy this beast, fret not. Nissan are likely to
introduce major design changes for the next GTR as well as add more power. And
being the smart Japanese people they are, they will surely take some design cues
from this limited edition Caravaggio masterpiece on wheels. We might have to
wait, but the wait will probably be
worth it.
P.S. I'm not old enough (or maybe I'm just very lazy) to know more about GTR's history, so any discrepancies, please let me know.
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