Bitcoin Vs Tesla Fight!

[very_452001]

Who do you think will win and keep on pumping more?

Elon Musk's Tesla stock showing no sign of dumping even when stock markets are red today!

Bitcoin too looks like its on the way to the moon like Tesla.

Who can get to the moon 1st  ?

Its like King of Crypto vs King of Stocks. This 2021 year will be the showdown between the best of these 2 asset classes.


Elon Musk is spending most his shareholder capital to fund his space missions. Maybe with his shareholder money he can use it to go to the moon 1st class.

Or whoever dumps 1st is the loser?

[Charles-Tim]

I have just checked Tesla Inc now, the stock with a marketcap of $691.75 billion, bitcoin at around that range too at $577 billion. But, in my opinion, I do not always compare such with bitcoin because bitcoin will still be more powerful than them all in term of marketcap and all. That is why I still always compare bitcoin with apple that has a marketcap of over $2 trillion. Although, $2 trillion is far more than bitcoin marketcap today, even if the marketcap of bitcoin fall today, it will still rise tomorrow because bitcoin will attract more people because of its limited total supply and being deflationary. With time, we will see bitcoin at the top, a time is coming when bitcoin will be incomparable.

[ReiMomo]

We can't really compare both of them, bitcoin is very young compared to tesla company of course if the market cap of tesla will heading up then, bitcoin has a reason didn't surpass tesla because bitcoin was still young.

I believe bitcoin will surpass that tesla near soon, bitcoin now gained too much interest from people and even there is a correction it will always end up price pumping. From time to time people's awareness of bitcoin will increase and since the limit supply of bitcoin was fixed possible it will become expensive soon, not like tesla.

It is really different to compare these two valuable assets.

[very_452001]

We can't really compare both of them, bitcoin is very young compared to tesla company of course if the market cap of tesla will heading up then, bitcoin has a reason didn't surpass tesla because bitcoin was still young.

I believe bitcoin will surpass that tesla near soon, bitcoin now gained too much interest from people and even there is a correction it will always end up price pumping. From time to time people's awareness of bitcoin will increase and since the limit supply of bitcoin was fixed possible it will become expensive soon, not like tesla.

It is really different to compare these two valuable assets.

I'm sure Tesla is young too like Bitcoin right? Similar age?

[crwth]

What if they have the same investors? Lol. I think this is way better for a gambling discussion instead of just a standard thread. It’s going to be more entertaining when it comes to the point where one stock or one as it will dump. I think the disadvantage when it comes to dumping Is bitcoin because they’re a lot of holders of bitcoin and compared to the Tesla stock. They have the majority of stakeholders on it and probably not going to sell out anything soon, But with bitcoin, you will never know who or when they will sell out some of their stacks.

[very_452001]

As of now 1 BTC = 43 Tesla Shares and vice versa.

Would you exchange your 1 Btc for 43 Tesla's? I mean Tesla Shares not Tesla cars  

[OscarDavidson]

I admire Elon's genius and Tesla's potential but I'm still pretty sure BTC will get a higher marketcap this year. Bitcoin has already overcome Berkshire Hathaway and got into the top 10 assets in the market and this is only beginning I wish I could bet on Bitcoin in the start of 2020 when it was around $4k 

[Baofeng]

Yes both are young, but the comparison stops there. How can you compare a 'company' with a central head in Elon Musk to bitcoin? So it's the investor choice that will make the difference, can an average joe invest or buy stocks on Tesla? or they would rather go with bitcoin?

[sheenshane]

As of now 1 BTC = 43 Tesla Shares and vice versa.

Would you exchange your 1 Btc for 43 Tesla's? I mean Tesla Shares not Tesla cars  

If you're going to ask me, IMO, I will not.

I have checked the price charts of them and I saw that Bitcoin is very volatile than Tesla, it seems Tesla growth continuously than Bitcoin.

• Tesla Price Chart
• Bitcoin Price Chart

There's no need to have a comparison of both of them, investors have preferred characteristics in them to choose and invest.  For long-run profit, Bitcoin is the best choice and if you want to have a short and sure to have profit, Tesla stock is good for you.

[bitmover]

Elon musk is the creator of paypal, and there are those who believe who could even be satoshi.

I believe that bitcoin mining might even be benefited by tesla  new batteries and technologies. 
Both might reach apple marketcap anytime soon

[thecodebear]

Tesla certainly had a Bitcoin-like bull run in 2019 and 2020. It was truly astounding. Until this Fall Tesla spent most of the past two years out-Bitcoining Bitcoin haha.


But Tesla is now one of the largest companies in the world by market cap. It only has so much higher it can go, its market cap already is many times higher than where it should be based on its business, but people just like it because Musk is well known and Tesla is the leading edge of EVs. It can certainly keep going up, but at some point investors are going to start asking themselves why the market cap of Tesla is larger than all the other main auto companies combined, despite it doing a tiny fraction of the business they are each doing. Now of course the stock market isn't actually based on economics, but instead just based on psychology of what you think everyone else is going to do, but still at some point people are gonna start getting scared of holding onto Tesla at such astronomical prices, while Bitcoin won't have that problem.

Bitcoin on the other hand is just starting its ascent. Maybe Tesla can still double its market cap the next few years, but Bitcoin might 10x its market cap the next few years. There really is no comparison. Tesla had a couple years to act like Bitcoin but it's at the end of the period, while Bitcoin is just starting to heat up again. We've already seen an order of magnitude gains since the bottom of the Covid crash and the bottom of the bear market, and we'll likely see another order of magnitude in the next 2-3 years. Tesla would have to become like a $6 trillion dollar company to keep up with Bitcoin over the next few years haha.

[davis196]

I wonder why the Tesla stocks are so valuable and their price keeps growing.
Is Tesla finally making profits after years of negative financial results?
Are the people buying more and more Tesla cars during the recession?
I'm not a big fan of electric cars.The production of Li-ion batteries can damage the environment,so advertising those electric cars as "eco friendly" and "green" is very misleading.
Anyway,I don't want to compare Bitcoin to Tesla.

[jamalaezaz]

As of now 1 BTC = 43 Tesla Shares and vice versa.

Would you exchange your 1 Btc for 43 Tesla's? I mean Tesla Shares not Tesla cars  

I would never do that. and I am sure most people here would give same answer.

Yes both are young, but the comparison stops there. How can you compare a 'company' with a central head in Elon Musk to bitcoin? So it's the investor choice that will make the difference, can an average joe invest or buy stocks on Tesla? or they would rather go with bitcoin?

I think anyone can go with bitcoin. no matter how small capital he have. he can buy a tiny bit of bitcoin and become a bitcoin investor. don't know how investment on tesla stocks works . I never invested in stocks.

I wonder why the Tesla stocks are so valuable and their price keeps growing.
Is Tesla finally making profits after years of negative financial results?
Are the people buying more and more Tesla cars during the recession?
I'm not a big fan of electric cars.The production of Li-ion batteries can damage the environment,so advertising those electric cars as "eco friendly" and "green" is very misleading.
Anyway,I don't want to compare Bitcoin to Tesla.

don't know about the cars. but the people are buying their stocks in stocks market. that's why its increasing. I don't think a lot of people like electric car either.

[Lorence.xD]

The question who will reach the moon first is pretty vague to be honest, do we know what point is considered the moon? The question should be, what should the moon look like or what is the price that is considered the moon. Bitcoin and Tesla are only similar in their market, Tesla stocks increases because the demand is higher than the supply, which is the same as BTCitcoin where the lesser the supply the higher the prices.

I'm not a big fan of electric cars.The production of Li-ion batteries can damage the environment,so advertising those electric cars as "eco friendly" and "green" is very misleading.

Isn't it fallacious to say that electric cars are bad for the environment when in reality it is only the li-ion batteries that are the one that contributes to environmental pollution. Then how come Tesla are slowly moving towards producing a better alternative. They also admitted that li-ion is impractical so what is your point?

[mich]

As of now 1 BTC = 43 Tesla Shares and vice versa.

Would you exchange your 1 Btc for 43 Tesla's? I mean Tesla Shares not Tesla cars  

There is no way in this world I would exchange half of 1 Bitcoin for 21.5 shares of Tesla or even any stocks for that matter.  Stocks were never my thing and for now to sell in this Bull market to invest in a stock is not a smart idea in my opinion. We have seen some big gains recent and people think a correction will happen soon.  But to sell now for something like tesla stock is out of my question. 

[buwaytress]

As of now 1 BTC = 43 Tesla Shares and vice versa.

Would you exchange your 1 Btc for 43 Tesla's? I mean Tesla Shares not Tesla cars 

Never mind that Tesla shares are completely overvalued, and that Tesla itself's profitability is questionable. What happens if Musk steps down, or is found guilty of some nonsense, or his board attempts a coup etc? Any share is at risk of fundamental risks and vulnerabilities, not Bitcoin.

Tell you what though, give me 3 times the amount of Tesla shares and I'll hand over my BTC.

Dump the shares and buy back BTC. Easy;)

[lifeforcepools]

Bitcoin will still win in this confrontation. Because it is not at all dependent on the external market.

[Mrsonutiten]

There is only one thing Bitcoin and Tesla have in common; they both made their early adapters a lot of money. Otherwise, the two could not be more different.

Bitcoin is a cryptocurrency that acts as a store of value.

Tesla is a car company.

Bitcoin is decentralized.

Tesla is ran by Elon Musk.

Bitcoin is open and permissionless.

Tesla stock requires being an accredited investor or having a stock broker.

Anything they have in common is coincidence.

[Baofeng]

Yes both are young, but the comparison stops there. How can you compare a 'company' with a central head in Elon Musk to bitcoin? So it's the investor choice that will make the difference, can an average joe invest or buy stocks on Tesla? or they would rather go with bitcoin?

I think anyone can go with bitcoin. no matter how small capital he have. he can buy a tiny bit of bitcoin and become a bitcoin investor. don't know how investment on tesla stocks works . I never invested in stocks.

That's exactly my point, average joe doesn't want to complicate things specially in terms of our investment. So doesn't make sense to compare them at least in my view.

@buwaytress has laid down a good argument, Elon Musk removing himself from the company will have a negative effect, while in bitcoin, we all know that Satoshi decided to 'hide' his identity and let his invention flourished without him. And we survived and become the best assets right now.

So easy choice here, BTC, FTW.

[very_452001]

There's this new battery tech in future called SSB Solid State Batteries that even planes can fly on from a single charge. There's no moving parts in this battery tech similar to SSD hard drives compares to old HDD's. Lithium batteries is old tech from the early 90s, it has liquid/chemicals that can cause a hazardous explosion plus they suck don't last like you got to charge your phone everyday and take long to charge. Solid State Batteries will end the battery problem.

What's the latest with Lightning Network for Bitcoin? Solid State Batteries is the tech Tesla is moving onto so what about lightning for bitcoin?