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Author Topic: Who's gonna buy Tesla using Bitcoin?  (Read 1322 times)
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March 24, 2021, 02:21:56 PM
 #21

Buy Bitcoin and you lose about 0.5% due to fees and spread,,, that is okay. You can sell it right back and get back almost equal value, maybe a little bit more,,, and maybe a little bit less.

Buy Tesla and you lose more than 50% immediately on the resale value before you even sit inside it. And I am using just a normal car example on market. Tesla and rarer cars you lose probably even much more. And after you use it, it becomes used car at 20% price.

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March 24, 2021, 02:38:02 PM
 #22

In many years to come, it could be just a cents in price if I buy it with Bitcoin.
I think I should wait higher than that price. I am not that too much into cars just yet, cause I am mostly working at home.

It's probably more worth to hodl just yet Cheesy .
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March 24, 2021, 03:22:06 PM
 #23


Just a sequence is needed here! Wait for bitcoin to reach 100k and then buy a Tesla maybe! Lol!

Actually, car is a depreciating investment. Even though car has now become a necessity but still a car will depreciate its value over a period of time. So I would definitely like to go for a real estate investment rather than a car! For me a small hatchback is enough instead of a swanky Tesla!

But anyway, that's my way of thinking for sure!
A practical decision despite of the good offer that Tesla was giving to everyone. The mere fact that you can have a chance to buy a Tesla car with the use of bitcoin without converting it into fiat was already a good service but to think of a Tesla car was also expensive i will also wait for a bitcoin to have a worth of $100k each. And also, a car is depreciating in it's value so does it mean that bitcoin is more valuable than Tesla car, i think i'll think of it harder.

if you are in the market to buy a Tesla and have Bitcoin, why not?
At $100k most hodlers will be showing a nice profit so there is a school of
thought out there that says you should "take your profits".

Personally I wouldnt buy a new car unless I was in a position to change
it every year or two years.

R


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March 24, 2021, 04:16:34 PM
 #24

surely someone will try to buy it. This is a big adoption made by Tesla, of course this will have the support of some of the big holders of bitcoin. They will try to buy a Tesla car using bitcoin payments. wait for sure some videos of people buying Tesla cars with bitcoin.
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March 24, 2021, 10:34:41 PM
 #25

I hope other automakers and retailers realize they might boost their sales (and profits) by a significant value, simply by supporting bitcoin / crypto adoption. It would be amazing to see BTC go mainstream and be more officially recognized.

Teslas somehow don't receive much recognition for being faster than ferraris, lamborghinis and most exotic and luxury cars on the market. The thing that stands out the most about tesla vehicles is Elon Musk's strange obsession for putting sunroofs on everything. Someday I would like Elon Musk to build a submarine simply because I never saw one with a sun roof before.

2022 drawing nearer by the day, I suspect the tesla cybertruck could eventually overshadow the tesla sedans. Assuming it can follow through on its promises, its greater functionality and efficiency could be aspects to be appreciated. Especially with truck and SUV markets being dominated by big, fuel inefficient, V8 and diesel engines. A class of vehicle offering perhaps the largest fuel mileage benefits for an EV.
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March 24, 2021, 11:18:11 PM
 #26

Would you buy Tesla using your Bitcoin or you will wait to $100K?  Roll Eyes
People are classified into two different things when it comes to their bitcoin holdings which is;
•The ones who do look after with profits for long term hodls
•The ones who had been supporting bitcoin basing off into its true usage or where it should really be applied.

Who's gonna buy Tesla using Bitcoin? Pretty much sure that those millionaires made by bitcoin will definitely buying one if they do have the chance.
that would only be a piece of dust on buying one for the sake of testing out or some show off some complimentary on the financial freedom that they had attained
because of bitcoin but overall using up bitcoin neither on a big purchase or a small one is just a matter of preference most of the time.

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March 24, 2021, 11:55:11 PM
 #27

Unfortunately even though the Bitcoin pump price hit $ 100k, I still couldn't afford a Tesla. Because the amount of Bitcoin I have is very small,
I am still in the process of collecting Bitcoin every month from now on. Hopefully in the next 5 years I can buy a Tesla, because indeed the Tesla is
one of my dream cars. But I am very happy to know that now we can buy Tesla directly using Bitcoin.

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March 25, 2021, 01:28:22 AM
 #28

do you need a key to buy tesla with bitcoin?
Thought so.
crap! I need the keys. Grin
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March 25, 2021, 08:19:13 AM
 #29

For me, I do not think I will buy a car at all, but if I had the option I would prefer to wait until the bitcoin reaches 100k$, if you buy now you will pay double the price of the car, whereas if I waited for the bitcoin to rise, I would have a modern car at a low price.
Meaning, instead of buying a Tesla Model S car now, you can wait a little longer and buy a Tesla Model X car by the same amount of Bitcoin .

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March 25, 2021, 08:23:30 AM
 #30

Would you buy Tesla using your Bitcoin or you will wait to $100K?  Roll Eyes

Bitcoin might be 100k by the time this goes live...or worth much less  Grin. I think I'd purchase one if they roll this out in the UK. I want a cyber truck so I'm hoping they scale them down a little and release them in the UK as they'd be too big for UK roads right now. Buying a cyber truck with bitcoin would definitely seem like the future  Cheesy.

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March 25, 2021, 08:44:27 AM
 #31

For me, I do not think I will buy a car at all, but if I had the option I would prefer to wait until the bitcoin reaches 100k$, if you buy now you will pay double the price of the car, whereas if I waited for the bitcoin to rise, I would have a modern car at a low price.
Meaning, instead of buying a Tesla Model S car now, you can wait a little longer and buy a Tesla Model X car by the same amount of Bitcoin .

it is a matter of consumerism, you will buy Tesla, or you will not buy it

I would not recommend buying Tesla with BTC, if you hold BTC as your savings, it is for people that earn BTC for living, and now they have a way to spend it, without exchange to fiat first
on the other side, Tesla is not selling cars for BTC, they are selling it for fiat, but you can also pay in BTC, since i did not hear that Tesla model 3 will cost 0,6 BTC constant (price will fluctuate daily based on BTC price)
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March 25, 2021, 08:52:04 AM
 #32

surely someone will try to buy it. This is a big adoption made by Tesla, of course this will have the support of some of the big holders of bitcoin. They will try to buy a Tesla car using bitcoin payments. wait for sure some videos of people buying Tesla cars with bitcoin.

Chances that there are people who will support this, those who have enough Bitcoin will buy Tesla car to show

things publicly and attract other investors to bring in their money to this industry. Business is always business

and publicity's always behind.


For me, I do not think I will buy a car at all, but if I had the option I would prefer to wait until the bitcoin reaches 100k$, if you buy now you will pay double the price of the car, whereas if I waited for the bitcoin to rise, I would have a modern car at a low price.
Meaning, instead of buying a Tesla Model S car now, you can wait a little longer and buy a Tesla Model X car by the same amount of Bitcoin .

Why rush things out if you can have much better if you keep holding, such idea will also help Bitcoin to reach

that value, more holders more pressures to push the value high.
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March 25, 2021, 09:13:57 AM
 #33

Bitcoin might be 100k by the time this goes live...or worth much less  Grin. I think I'd purchase one if they roll this out in the UK. I want a cyber truck so I'm hoping they scale them down a little and release them in the UK as they'd be too big for UK roads right now. Buying a cyber truck with bitcoin would definitely seem like the future  Cheesy.
The logistics is going to be expensive especially with Tesla since it is an American company so imports is going to be expensive, if the logistics weren't a problem and I have the bitcoin to buy one then I might go for it but the reality of the situation is stronger, I don't have enough bitcoin and imported cars are far more expensive compared to local brands that are already established, not to mention that a Tesla in my crime ridden country is going to be a target for many car thieves so I guess I won't be buying a Tesla car with bitcoin.
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March 25, 2021, 09:16:38 AM
 #34

If I have enough Bitcoin to buy Tesla, I would not do it. Because as soon as I cross Tesla dealership gates, the value of my car (or Bitcoins if to be correct in our situation) will decrease for 5-20%. And with years, my Tesla value will be even lower. While 1 Bitcoin is always a 1 Bitcoin. It does not lose value when being transferred. And its value most probably will go up.

R


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March 25, 2021, 09:27:35 AM
 #35

there are lots of benefits to using an EV car which a bitcoin holder may probably buy. for instance, in China you get to access roads/areas exclusively for EV cars and registrations/plate are free as far as i know. now i don't know if the law also applies to some regions in USA. these cars don't burn out gas to pollute the earth this is why it's been promoted that way in China. the distance it could run however is very limited so its best just in cities.









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March 25, 2021, 10:14:03 AM
 #36

surely someone will try to buy it. This is a big adoption made by Tesla, of course this will have the support of some of the big holders of bitcoin. They will try to buy a Tesla car using bitcoin payments. wait for sure some videos of people buying Tesla cars with bitcoin.
I don't understand why some people try to buy a car with bitcoin, bitcoin goes beyond the value of a car and anyone who invests in bitcoin understands this, it's hard to believe that some people want to experience the feeling of buying a Tesla car with bitcoin. Perhaps this was a new joke from Elon Musk to make the market more interesting but unfortunately, was too familiar with his joke and the market reacted against expectations, the clear signal that people hate buying a car with bitcoin and they prefer to hold bitcoin, the accumulation phase has started again

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March 25, 2021, 10:14:40 AM
 #37

Would you buy Tesla using your Bitcoin or you will wait to $100K?  Roll Eyes

I guess that's what makes it worth buying the Tesla when your investment in bitcoin already has its huge profit and then probably around a 100k$ meaning 1 bitcoin can buy Tesla.

Probably even great when the market price is going to drop after you make a purchase, I mean bitcoin is not yet ready for spending since the market price of bitcoin is just pumping and pumping over the years, so spending your bitcoin at this moment is not actually the best thing to do since you could just lose profit and giving it to Tesla, but I guess it just the same because you do not have the risk of investing in bitcoin anymore.

Still, it's a great thing to have or for Tesla to accept bitcoin, it could easily pump the market price in the market and also help for the bitcoin adaptation.

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March 25, 2021, 10:24:25 AM
 #38

Would you buy Tesla using your Bitcoin or you will wait to $100K?  Roll Eyes
buying Tesla with Bitcoin is my dream...
but for now, I will think hard to buy Tesla with Bitcoin because my family still needs a lot. maybe if I get a lot of Bitcoin then I will be happy to buy Tesla with Bitcoin 'lol'.



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March 25, 2021, 11:09:40 AM
 #39

Would you buy Tesla using your Bitcoin or you will wait to $100K?  Roll Eyes

It is really a hard decision to make honestly. The movements of the Bitcoin price are really interesting now. There is a huge expectation for the price to reach a level over 100k dollars. If things go the opposite way, it will make one feel really regretful for not buying now. But still as being a long-term investor, I would prefer waiting.  Grin

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March 25, 2021, 11:15:14 AM
 #40

One thing is certain, i won't use btc to buy when the market is in the dip, because we all already know what that means in measuring the price to usdt value, honestly, i don't know if i would, assuming i have such amount of btc in my disposal, very tough choice, i will probably opt for usdt at the end  Cheesy

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