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Author Topic: Crypto and automobile  (Read 1010 times)
gambitcoin53
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May 28, 2018, 08:46:40 AM
 #101

There are a lot of plans now that we heard recently. There is a chance to make it happen because some car companies started to make wide range of research about the benefits of crypto. Maybe, for now they still under development.


i guess it will never happen, as long as bitcoin price is unstable, since bitcoin was made not to be stable, no company will venture in bitcoin payments because the value is unstable, it can be possible with fiats like dollars but not cryptos. accepting purchases thru bitcoin is too risky. so i think it will not happen.

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nelsledma
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May 28, 2018, 09:24:35 AM
 #102

Dealer received crypto interesting enough i feel my dream car is in sight, this will attract a lot of attention but unfortunately in Indonesia there is nothing like this. Hopefully soon in Indonesia will invent. But even though there is not, there are some who get the car from the results of crypto. Certainly first exchanged into currency (rupiah).
There are many business that have quite ago start accepting bitcoin along with other crypto currencies such as ethereum because they are well aware of the future of these virtual currencies. Paper money will soon become a characteristics of underdeveloped or old civilizations. Developed countries like Japan, Britain, USA and many other on the list are using these currencies. There is no harm in buying car with bitcoin.
kisscoin
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May 28, 2018, 11:36:33 AM
 #103

Yes, I would also like to know when cryptocurrencies will be actively wrapped in the market world... At the moment, you can buy a car for cryptocurrency only if some manufacturer, in order to promote its brand, does not create its own bounty campaign. I would have been part of this...  Cheesy
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May 28, 2018, 11:53:03 AM
 #104

Since bitcoin is money in the form of digital, you can buy automobile out of it as long as you have enough bitcoin to buy.

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batang_bitcoin
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May 28, 2018, 12:48:48 PM
 #105

There are online sellers of their cars that are okay with bitcoin but I don't know if these big and popular car companies will do.

You can buy cars with bitcoin on https://buysellcarwithbitcoin.com/

I don't have a background if there are successful trades that happened there.

VeronAncient
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May 28, 2018, 12:57:57 PM
 #106

perhaps within 5 to 10 years later the automotive company can accept the digital currency as a non-cash payment instrument. currently, it is not possible to use digital currency because there is no regulation on the use of the currency to be used as a valid payment instrument.
charlotte04
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May 28, 2018, 01:08:43 PM
 #107

I'm just curious when can I start buying my dream cars with altcoins, I mean can huge automobile companies like Toyota, Ford and Nissan start accepting cryptocurrency as means of exchange

That's the problem with you people because all you want is to get a huge amount of money and not to support the crypto community.
EtherATM
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June 08, 2018, 02:08:30 PM
 #108

I'm just curious when can I start buying my dream cars with altcoins, I mean can huge automobile companies like Toyota, Ford and Nissan start accepting cryptocurrency as means of exchange

In my point of view, If toyota, honda, ford or nissan or any car dealers will accept bitcoin or altcoin as a payment it means that its a great opportunity to us. Because bitcoin and altcoin has making its name in the business as a payment mode. I hope it will come true but not only in cars but also in many business stores would accept bitcoin and altcoin as a payment. As far as I know there are some country that already accepting bitcoin as a payment in their goods but I do not know if there are countries also accept altcoin as a mode of payment.
Exactly if some big groups such as honda, ford,toyota.. accept bitcoin or any kind of cryptocurrencies for payment, all of us  will have a chance to buy car easily. Indeed, bitcoin is setting its names in crypto market gradually, which is quite popular and its demand is going to increase in every single day. Most importantly, bitcoin is also accepted for paying to services or goods, and so on. Personally, I think that bitcoin or another cryptocurrencies is pretty developed these days, even it has a big potential in the future. Therefore, if bitcoin is much  more supported wordwidely, probably so many car groups will accept for paying a car with digital currency like bitcoin. 
jason meneses
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June 08, 2018, 02:55:11 PM
 #109

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unlostv
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June 08, 2018, 03:08:46 PM
 #110

as far as I know for now just lamborghini accepts the crypto currencies which has made a great marketing step and increased revenues.  For the others we will need to wait a bit more.
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June 08, 2018, 03:13:18 PM
 #111

I'm just curious when can I start buying my dream cars with altcoins, I mean can huge automobile companies like Toyota, Ford and Nissan start accepting cryptocurrency as means of exchange
If you had money, would you invest in bitcoin or would you buy a car? I will invest in bitcoin because I know one day it will lma fcho me to buy two cars from profit
RodeoX
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June 08, 2018, 06:02:27 PM
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 #112

Faces commission of such purchase it will be convinced that the legislation of the country in which is made purchase provides such type of mutual settlements. Otherwise such transaction can be recognized as invalid and cancel it. As a result you will be left both without car and without altcoins\bitcoin.
Um. Don't know what you mean. But you can sell a car for used underwear if both parties agree.

... for now i think it cant happen, because waiting for permission from government

Permission from government? WTF? We are not here to ask permission, we are telling the governments of the world that this is how it's going to be.

I would like first to became able to buy any car here from crypto...
Way to late man. People have been buying and selling cars for bitcoin for years.

I think your idea will come true soon. ...
Has come true. Years ago. Man nobody reads anymore this is 2011 stuff. Again, here are a million cars for sale in BTC just at this one site.
https://cars.overstock.com/

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daarul50
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June 08, 2018, 06:15:18 PM
 #113

I'm just curious when can I start buying my dream cars with altcoins, I mean can huge automobile companies like Toyota, Ford and Nissan start accepting cryptocurrency as means of exchange

We must wait for the global regulation of bitcoin and altcoin to be used as a valid currency for various payment methods. If the regulation has been made and all countries in the world agree and support the regulation then you will easily be able to buy a car using bitcoin or altcoin because car companies will accept the bitcoin payment method because it refers to the global regulation of currency digital like bitcoin. But, right now we just have to wait for the development of bitcoin alone because the blockchain technology that is in bitcoin is really able to help the world economy in any form.
Alfiehob
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June 20, 2018, 08:31:58 AM
 #114

It's nice to know that maybe someday there will be car companies that accept bitcoin as payments and i think that the owner of this company is also a big investor of Bitcoin.
Yeah, really nice to know. And not just cars, as I believe we will get to see more merchants even outside the automobile industry accepting bitcoin as means of payment. It is just a matter of time and as we keep developing more into hitting the mainstream, we just have to take it one step after the other. Some will start it first and the rest following but by then, I am sure bitcoin would have been pretty huge.
AjithBtc
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June 20, 2018, 09:06:42 AM
 #115

Automobile industry keeps progressing adopting the blockchain technology. Some insurance companies too have started to operate with their ico tokens. Apart from this some automobile related services too were rendered through ico projects. With this I believe automobile industry will grow big with blockchain technology.

Sled
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June 20, 2018, 09:36:03 AM
 #116

We can really see a great collaboration with blockchain and the automobile because the big businessman in the industry of automobile can develop a great blockchain powered automobile which is more advanced and with a higher technology that the people can use in order to make all of the things more convenient and powerful at the same time.
Binugon
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June 20, 2018, 09:43:12 AM
 #117

as long as the popular bitcoin of many countries that legalize bitcoin as a means of transactions but there are also countries that resist bitcoin entry in the first possibility you can live in the country that is legalize bitcoin and the second usually if the country has legalized there are transactions that use bitcoin as it is served and maybe you can try it if you do save enough bitcoin.
warrior333
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June 20, 2018, 09:44:32 AM
 #118

It seems to me that the use of blockchain technology in the automotive industry is more a tribute than a necessity. To sell cars for the cryptocurrency will not come soon. All major car companies are always strictly adhere to the laws of the country in which they trade. Trading for bitcoins is not legal in almost all countries. Therefore, it is too early to dream about it.
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June 20, 2018, 09:54:47 AM
 #119

Faces commission of such purchase it will be convinced that the legislation of the country in which is made purchase provides such type of mutual settlements. Otherwise such transaction can be recognized as invalid and cancel it. As a result you will be left both without car and without altcoins\bitcoin.
Um. Don't know what you mean. But you can sell a car for used underwear if both parties agree.

... for now i think it cant happen, because waiting for permission from government

Permission from government? WTF? We are not here to ask permission, we are telling the governments of the world that this is how it's going to be.

I would like first to became able to buy any car here from crypto...
Way to late man. People have been buying and selling cars for bitcoin for years.

I think your idea will come true soon. ...
Has come true. Years ago. Man nobody reads anymore this is 2011 stuff. Again, here are a million cars for sale in BTC just at this one site.
https://cars.overstock.com/

I absolutely agree with this. It shouldn't be even a question whether you can buy anything with crypto. Take USD for example. Although it is established and respected currency throughout the world, you can't buy a car or anything else with USD in many countries, you have to exchange it for the local currency first. Same goes for Bitcoin and other altcoins considered good ones. Buying car with a sh*tcoin may be a problem, but as for the established cryptos they are no worse than USD in that regard.

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hatsoff2btc
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June 21, 2018, 09:42:06 AM
 #120

At this point I guess, there are few companies or shops accepting bitcoin as a payment or medium of exchange. But definitely there are people who is willing to take your bitcoin in exchange of their car/s. Maybe in 5-10 years from now, it will be a common thing that you can purchase anything using BTC as Global currency.
It depends if he is actually seeing any. The truth is generally now, it is very hard to actually see where you can easily make P2P transactions without having to convert to fiat, except for places like Australia and Japan where cryptocurrency has been pretty much used based on current regulations and acceptance by the government but even at that it is still uncommon. However, as long as there is a means to convert to fiat, I really do not see how it is not achievable.
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