Bitcoin Forum
May 06, 2024, 09:27:27 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: [2021-02-08] BREAKING NEWS: TESLA BOUGHT $1.5 BILLION IN BITCOIN — SEC  (Read 215 times)
estenity
Hero Member
*****
Offline Offline

Activity: 1918
Merit: 535


View Profile
February 10, 2021, 03:29:17 AM
 #21

do not forget the important role of Elon Musk in Paypal.
and the recent evolution of Paypal towards bi tcoin.
are these two things linked ?
1714987647
Hero Member
*
Offline Offline

Posts: 1714987647

View Profile Personal Message (Offline)

Ignore
1714987647
Reply with quote  #2

1714987647
Report to moderator
1714987647
Hero Member
*
Offline Offline

Posts: 1714987647

View Profile Personal Message (Offline)

Ignore
1714987647
Reply with quote  #2

1714987647
Report to moderator
1714987647
Hero Member
*
Offline Offline

Posts: 1714987647

View Profile Personal Message (Offline)

Ignore
1714987647
Reply with quote  #2

1714987647
Report to moderator
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714987647
Hero Member
*
Offline Offline

Posts: 1714987647

View Profile Personal Message (Offline)

Ignore
1714987647
Reply with quote  #2

1714987647
Report to moderator
Sithara007
Legendary
*
Offline Offline

Activity: 3192
Merit: 1344


Leading Crypto Sports Betting & Casino Platform


View Profile
February 10, 2021, 04:35:19 AM
 #22

Although this is great news, I don't understand why Elon is not making any direct investment in Bitcoin. Tesla has made the investment, but Elon has made it clear that he owns only BTC0.25 in cryptocurrency and even that was received as a gift many years back. And also, I am not comfortable with his shilling of DOGE. If he promotes both BTC and DOGE, then he is indirectly linking DOGE shitcoin with Bitcoin, and that is not going to be beneficial for the latter.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..





AVATAR & PERSONAL TEXT



Leading Crypto Sports Betting & Casino Platform




Feel free to drop your doubts bellow
Report to moderator 
♠ ♥ ♣ ♦       ▬▬▬ ▬          Stake.com     /     Play Smarter          ▬ ▬▬▬       ♠ ♥ ♣ ♦
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
L E A D I N G   C R Y P T O  C A S I N O   &   S P O R T S   B E T T I N G
 
 Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Strongkored
Legendary
*
Online Online

Activity: 2072
Merit: 1061




View Profile Personal Message (Online)
Trust: +0 / =0 / -0
Ignore
   
Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
Bitcointalk Username: strongkored
Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554
Post Count: 5040
Forum Rank: Legendary
Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt
Stake
acquafredda
Legendary
*
Offline Offline

Activity: 1316
Merit: 1481



View Profile
February 10, 2021, 07:08:05 PM
 #23

do not forget the important role of Elon Musk in Paypal.
and the recent evolution of Paypal towards bi tcoin.
are these two things linked ?
C-level executives certainly talk to each other, that is for sure. Musk, as you correctly point out, had a huge role at PayPal and therefore it would not surprise me if he had a chat last year about bitcoin with PP current CEO. Bitcoin is the new game in town, an opportunity not to be missed for those who want to lead innovation in the years to come. I expect more companies to follow suit.
Theb
Hero Member
*****
Offline Offline

Activity: 1680
Merit: 655


View Profile
February 11, 2021, 07:17:14 PM
 #24

@Theb. Agreed! However, from bitcoin’s price today, how much is it to maximize their returns? Triple the price? I speculate Tesla is expecting not less than 5x profit from the trade. This might only be beginning. Other billionaires are also beginning to consider bitcoin. The bear market will be intruiging, however hehehe.

They won't look at how much percentage gain they will have from their Bitcoin investment but they might just look at their investment if they are in fact earning anything out of it. We are talking about the cash reserves of the company meaning they are only using the extra funds lying around in their company without any use that is why most companies are using it to invest in assets to "maximize returns" but when the time comes these companies who have invested their cash reserves have financial trouble or have decided to expanded or just needed the money for other projects then they can pull out anytime without even thinking about maximizing the returns. That is how a company works and I don't think companies who have invested in Bitcoin are planning to hodl their position for a very long time.

..bustadice..         ▄▄████████████▄▄
     ▄▄████████▀▀▀▀████████▄▄
   ▄███████████    ███████████▄
  █████    ████▄▄▄▄████    █████
 ██████    ████████▀▀██    ██████
██████████████████   █████████████
█████████████████▌  ▐█████████████
███    ██████████   ███████    ███
███    ████████▀   ▐███████    ███
██████████████      ██████████████
██████████████      ██████████████
 ██████████████▄▄▄▄██████████████
  ▀████████████████████████████▀
                     ▄▄███████▄▄
                  ▄███████████████▄
   ███████████  ▄████▀▀       ▀▀████▄
               ████▀      ██     ▀████
 ███████████  ████        ██       ████
             ████         ██        ████
███████████  ████     ▄▄▄▄██        ████
             ████     ▀▀▀▀▀▀        ████
 ███████████  ████                 ████
               ████▄             ▄████
   ███████████  ▀████▄▄       ▄▄████▀
                  ▀███████████████▀
                     ▀▀███████▀▀
           ▄██▄
           ████
            ██
            ▀▀
 ▄██████████████████████▄
██████▀▀██████████▀▀██████
█████    ████████    █████
█████▄  ▄████████▄  ▄█████
██████████████████████████
██████████████████████████
    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
       ████████████
......Play......
estenity
Hero Member
*****
Offline Offline

Activity: 1918
Merit: 535


View Profile
February 12, 2021, 01:25:22 AM
 #25

do not forget the important role of Elon Musk in Paypal.
and the recent evolution of Paypal towards bi tcoin.
are these two things linked ?
C-level executives certainly talk to each other, that is for sure. Musk, as you correctly point out, had a huge role at PayPal and therefore it would not surprise me if he had a chat last year about bitcoin with PP current CEO. Bitcoin is the new game in town, an opportunity not to be missed for those who want to lead innovation in the years to come. I expect more companies to follow suit.

https://twitter.com/DoveyWan/status/1359537256994729988/photo/1
bbc.reporter
Legendary
*
Offline Offline

Activity: 2926
Merit: 1442



View Profile
February 12, 2021, 03:15:21 AM
 #26

@Theb. Agreed! However, from bitcoin’s price today, how much is it to maximize their returns? Triple the price? I speculate Tesla is expecting not less than 5x profit from the trade. This might only be beginning. Other billionaires are also beginning to consider bitcoin. The bear market will be intruiging, however hehehe.

They won't look at how much percentage gain they will have from their Bitcoin investment but they might just look at their investment if they are in fact earning anything out of it. We are talking about the cash reserves of the company meaning they are only using the extra funds lying around in their company without any use that is why most companies are using it to invest in assets to "maximize returns" but when the time comes these companies who have invested their cash reserves have financial trouble or have decided to expanded or just needed the money for other projects then they can pull out anytime without even thinking about maximizing the returns. That is how a company works and I don't think companies who have invested in Bitcoin are planning to hodl their position for a very long time.

I reckon that maximize returns implies that Tesla will also dump anytime in case the investment does not maximize returns.

Also, this news. Michael Burry is short on Tesla. This might be biased opinion, however, he was right on the big short of 2007.



'Big Short' investor Michael Burry says Tesla's $1.5 billion bet on Bitcoin was a distraction

"Chinese regulators summon Tesla on quality issues as consumers complain about quality ... but $TSLA bought $BTC," the Scion Asset Management boss tweeted, using the tickers for Tesla and Bitcoin. "In my mind's eye, so much #digitalconfetti."

In other words, Burry thinks Tesla may have timed its $1.5 billion purchase of Bitcoin to distract from its China troubles.


Source https://www.businessinsider.com/big-short-investor-michael-burry-questions-tesla-bitcoin-dogecoin-bubble-2021-2

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
kjlimo
Legendary
*
Offline Offline

Activity: 2086
Merit: 1031


View Profile WWW
February 12, 2021, 12:49:11 PM
 #27

I haven't found any details on how/when they will start accepting bitcoin... has anyone seen anything on this?

Should I contact my local dealer?

Thanks for the responses on Tesla... so I called up my local Tesla Cleveland location.  There are no plans for accepting bitcoin payments at this time. "Mr. Musk likes to say a lot of things, but we don't believe anything until it's on tesla.com." Of course I offered my assistance to set them up to accept bitcoin payments... which was met with chuckles... I'll keep you posted if a path to reality ever emerges!

https://www.facebook.com/MontyBitcoin-109179704163890

Cheers

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
bbc.reporter
Legendary
*
Offline Offline

Activity: 2926
Merit: 1442



View Profile
February 13, 2021, 02:32:11 AM
 #28

@kjlimo. The skeptical me thinks that he only wants Tesla stocks to pump similar to Microstrategy stocks hehe. Also read my post. Similar to what Michael Burry has said, Elon’s bitcoin move might only be a distraction from Tesla being summoned by Chinese regulators. I am also skepitcal about the summon. It might not be really about consumer complaints.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!