Buying a Tesla with Bitcoin

[sana54210]

It is a bit weird to calculate it like this, we have picked December as the price and that does make it sound like price is a bit harder to calculate this way. For example, highest of 2018 was around 15-16k and that would mean a lot less bitcoin required, or highest in 2019 was around 14k so that would mean a lot less, and in 2017 December it was 20k so it was A LOT less, and yes in 2020 we have reached the highest ever so we are at around 24k right now and it costs only 1.5 bitcoins to buy, but do not forget that it was never really that far gone and it was never really that great, in 2020 we had 3.8k in march as well, if we calculate from there we would require a lot.

So, know that bitcoin always has lows and highs, we can't calculate it based only on highs or lows, we need to calculate from the averages. And I believe 2020 has been the best year on average price.

[ice098]

Maybe you should put the 2017 bitcoin price, we all amaze and surprise that time, I have a bitcoin that time and I am very very surprised that when I saw my wallet it shows that 20000usd, so I plan what will I do to that money, now when bitcoin hits 24k I don't have any bitcoin left poor me, I didn't spend time to save bitcoin, but now I am step by step saving my money and making it bigger and bigger each day by trading, wishing that at the end of 2021 I will have bitcoin.

[ReiMomo]

Maybe you should put the 2017 bitcoin price, we all amaze and surprise that time, I have a bitcoin that time and I am very very surprised that when I saw my wallet it shows that 20000usd, so I plan what will I do to that money, now when bitcoin hits 24k I don't have any bitcoin left poor me, I didn't spend time to save bitcoin, but now I am step by step saving my money and making it bigger and bigger each day by trading, wishing that at the end of 2021 I will have bitcoin.

Lol, we're just the same story. I don't have left bitcoin on my wallet I almost spent most of them during a pandemic when the time I almost need.
And now, I saw bitcoin pumping up too much and considering that this is a new ATH but how can I convert that I don't have bitcoin left in my wallet. If I could back time, I guess I will spare a large amount of bitcoin or accumulate as much as I can to buy not only tesla and also my dream house.

We prove as of now that bitcoin price was increased year by year. So I guess it is worth it to hold bitcoin for a long time and wait until there's a new ATH again and break the previous all-time high.

[bittick]

I do believe if 1 bitcoin will give us 2 tesla at the end of next year. Im still having two digits of BTC right now and I could buy so many tesla in the future. It's very good to see that bitcoin will be much more expensive than tesla in the future. Im still waiting for the comparison for bitcoin with lambo. It looks like we will need 5 bitcoin to buy lambo next year.  interesting

[jademaxsuy]

Buying Tesla with bitcoin is not new because the owner of tesla company had been already expressing before of their willingness to accept btc as an option for payment. The owner of tesla company is also a bitcoin enthusiast and that is one good thing for bitcoin market to be recognize with big establishments accepting bitcoin. I do hope that there could be more establishment around the world to accept bitcoin as mode of payments or expresses to utilize bitcoin as digital currency.

[AjithBtc]

Similar price comparison for products happen often. This time its with the trending Tesla. In future scenario could change in the positive as well as on the downward direction. If the market is always on the bullish trend then its isn't real. Most of the users here could've offered for a Tesla, if they've known about the present growth of bitcoin few years back.

[Ridwan Fauzi]

How many bitcoin to buy 1 tesla in 2017 ago? I guess it was 1.5 btc because it same right now.

This pointed out that bitcoin has many functions, Elon Musk will make a huge transaction in bitcoin whilst bitcoin by most people have been used as an investment place. At least this is a characteristic that distinguishes bitcoin from other investment places. You will make the statement if you invest your money in gold although the same with bitcoin that has been successful to reach a new all time high this year. You will not say 20 ounces gold can buy 1 tesla, because it is an investment place only, no more than that. You can't send your gold to other people even you can't use it as a means of payment because there is no merchant who will accept it although they know gold and how valuable it is.

[nemey]

A very interesting illustration. And it does seem that the longer the price of Bitcoin is getting higher, so maybe the more you delay investing in Bitcoin, the more expensive the price will be and the harder it is to get. then make the most of the time. And maybe in 2021 the value of Bitcoin will be much higher than Tesla.

[kaya11]

I live how this portrays on why should we buy bitcoin, for those who've bought it already and kept on holding well you deserve a tesla car. This graph urges me to buy btc now but I guess I am already too late. Many years from now may a Tesla 3 would just cost a portion of BTC.

[Wind_FURY]

Haha. There's currently a bear market for the TeslaCar/BTC market. Short TeslaCars! Buy the bottom for 3 TeslaCars per Bitcoin on 2022!

Elon Musk has also been memeing about Bitcoin. Is he looking for his own dip?

[Chrystora123]

A very interesting illustration. And it does seem that the longer the price of Bitcoin is getting higher, so maybe the more you delay investing in Bitcoin, the more expensive the price will be and the harder it is to get. then make the most of the time. And maybe in 2021 the value of Bitcoin will be much higher than Tesla.

very curious, maybe we will see 3 Tesla model S priced at 1 Bitcoin in 2021 (who knows)..

Elon Musk has also been memeing about Bitcoin. Is he looking for his own dip?

Elon Musk is an innovator who adopts the "why so serious" notion.  every "joke" post he posts about Bitcoin or Doge give a good price impact on that both crypto asset.  look foolish!! but I love his ability to entertain his 40 million followers on Twitter..

[Princejebs]

I have no thing against Elon musk and his strong supports for cryptocurrency especially bitcoin but I'm not comfortable with his way and influence towards the market.
Some days ago, he shill Dodge which made it to rise by 30%, he will always do whatever favour his portfolio and never turn his back on Tesla. Invest wisely bro.

[TheUltraElite]

Some days ago, he shill Dodge which made it to rise by 30%, he will always do whatever favour his portfolio and never turn his back on Tesla. Invest wisely bro.

If someone is still listening to these celebs in order to plan their investments then they are biggest fools in the game. You dont listen to others to put in your own money. Rather do your own research before investing - is that not common sense? It is but people dont use it - the reason being that it is very easy to blame others in case the investment does not work out instead of blaming themselves.

Point is that you can buy Teslas, Lambos, - dont matter to anybody but of course the ones who built that car will. They want their products to be sold. Their CEO showing up a nice bullmove on the markets draws the attention from the bitcoin whales. Thats why they do that.

[el kaka22]

Tesla could be the next generation of cars, I think they have come into market waaaay before anyone else which is why they are getting this much attention and when all the other car manufacturers becomes purely electric and the cars that run on gas will be a thing of the past, at that moment tesla can still grow because let's face it they are probably tiny compared to goliaths of car industry, but we need to realize they are still just a car.

And usually what happens is that if you buy a car, you want to use it, there is a reason for you to buy a car, you go from your home presumably to work for example, or something else, who knows maybe you want to UBER and so forth, and see THAT as an investment, the reason why you got the car should be something worthy and save you money.

However if you own a car for just owning a car, that is really the most horrible "investment" anyone could make, it is not an investment at all, just because it is Tesla doesn't mean it was a smart decision, it is still an idiotic move to get a car for investment purposes, get the shares of tesla instead.

[Kopetunto]

Elon musk is really not kidding, to be honest I said elon musk twitter was hit by a hacker attack,
but he is a real Bitcoin fan, Tesla accepts Bitcoin of course it gives something that must have for Bitcoin,
hold bitcoin for a long time!.

[kawetsriyanto]

The big dump of BTC price in 2018 really sometimes make us feel worried every time going to invest in BTC when the price is high. We can see how the value of BTC is increasing in some years only. But will it continue or back to the bottom again?

So let's hope that the next row not be

December 2021 - $4,265



Nah, I would like to see:

December 2021 - $44,265

It will be so funny if the BTC prices back to the bottom price again and meets $4,265 in 2021. So the graphic will be only up and down at a certain rate after 3-4 years and will be repeated like this. If this happens, maybe there will be no investor again when the price is high 

let's hope for the new break of BTC, let's hope that BTC will be really changing this and next years to be higher and higher again.

[inoes]

this is one of the media to lead the opinion that buying bitcoin is enough with a few bitcoins, no need to spend a lot of dollars. This is one of the factors that makes the price of the BTC pump.
So for 2021 how many bitcoins?
I don't know anyone can predict  . but towards the end of the year we know that usually people tend to sell their assets for the holidays.

[slapper]

We will definitely have a chance to see 1 bitcoin = 1 tesla model 3. But whether you spend your bitcoin to buy this new technology. Tesla has been one of the pioneers of high technology for many years, along with bitcoin. And it will be more wonderful if Elon Musk decides to open Bitcoin payment gateway. His eagerness mitigates investors who doubted him in the past

With the current momentum, there is nothing that can block us from achieving even further result in the price of bitcoin. This is not just a big pump, it is a pure bull run with real money from institutional investors and bitcoin enthusiast. And as a result, many people are paying attention to bitcoin and tend to believe that it is an outstanding asset better than gold. And from my point of view, bitcoin has the possibility to reach $50000 at the end of 2021. So many factors support us at the moment.

Will you choose to become a pioneer investor? Or will you choose to be manipulated by the later FOMO?

[iv4n]

Great! I will wait Tesla to be 0.1 BTC, and I will buy it! Of course, I will have to spend an additional 0.01 BTC for papers and transport, but who cares!
It's very interesting for me to see the progress of Bitcoin on examples like this one! And can you imagine that rise from 10k BTC for pizza to 1 BTC Tesla car!? That's huge my people, and I think it will become even bigger than it is! Nothing seems impossible when you do so much in so short period of time, in the next 5 years we will see a big boom of crypto on the global stage, and I believe that next halving will push the prices even higher! It's still not too late to buy!

[qwertyup23]

This is an interesting chart, OP.

When I first started in this forum last June 2017, the price of one (1) bitcoin was running around $4,500-$5,000 and the latter price was already considered a bullish run. Now, the price index/history of bitcoin showed that its price constantly increased throughout the years to the point that you can already buy a Tesla Car for less than two (2) bitcoins.

I just hope the trend continues in the future as I am excited as well for the future of bitcoin's price.