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Author Topic: Who's gonna buy Tesla using Bitcoin?  (Read 1322 times)
Reosta_
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March 25, 2021, 11:46:25 AM
 #41

I guess I would prefer buying Tesla with Bitcoin when the price goes up to much better levels. I've been seeing some important analysis models that are expecting BTC price to reach incredible levels in this year. Actually, predictions like 300k dollars etc. don't seem realistic to me but I wouldn't be surprised if it reaches a value between 100k and 150k.

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March 25, 2021, 12:50:07 PM
 #42

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

Maybe we may not know the reason why there are some other of us who would like to buy Tesla car with the use of their bitcoin but maybe i guess those are just wanting and dreaming to have a tesla car of their own. To be honest, if i would relate it in our fiat currency here in our country, aiming to have a tesla car was so much expensive since the dollar value here was high, so it really cost that much using fiat currency, however having bitcoin to use as a method of payment without converting it in fiat was pretty good to consider.
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March 25, 2021, 02:08:07 PM
 #43

I'm thinking about it. I'll surely wait untill 100k, but i'm not sure, do i need to buy Tesla?
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March 25, 2021, 03:20:17 PM
 #44

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

Much better to keep as it is and wait for Bitcoin to explode more, buying assets using crypto for now is also not a priority.

There are huge chance that Bitcoin price will improve more, as per current it's falling so using it to buy expensive car from Tesla  maybe next time
when Bitcoin already reached $80K-$100K.

But it's good to know that they are now start to accept Bitcoin to transact.
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March 25, 2021, 03:24:35 PM
 #45

There was the question posed about is it good to purchase a tesla with your bitcoin since the amount you pay now could be worth more or less later on down the road.


Don't know but ask her this question after selling her btc to buy a tesla.
https://www.youtube.com/watch?v=nzNPfBA7tLM

With it closing closer to $50k now from yesterday it might be better to hold off on that tesla purchase for now until the CME futures thing is done and dusted for today.
That alone is $60bln to see what happens. Undecided
https://www.cryptoglobe.com/latest/2021/03/cmes-crypto-futures-volume-close-to-60-billion-in-february-report/

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March 25, 2021, 03:56:18 PM
 #46

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

I haven't any doubt that there will absolutely be some people who will want to buy Tesla with BTC. Depending on the amount of BTC you have, you could actually buy a Tesla and experience how it feels ilke. If you don't have too many Bitcoins, I don't think it is worth spending it on a car instead of continuing to HODL it.

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March 25, 2021, 04:36:37 PM
 #47

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

I will keep my BTC because I find Bitcoin an asset while Tesla may be a cool car, but it's a liability. I cannot afford a $40k liability (still).

But a friend of mine is planning to be one of the first in the UK to buy a Tesla with Bitcoin. I will follow him to see how flowless the process is when this becomes possible.

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March 25, 2021, 04:49:27 PM
 #48

You will only make Elon richer in the near future,so no not buying a liability Tesla. If you want to buy car use fiat and keep your BTC’s. Big companies are fomo’ing now, this is one of their strategy to gain more Bitcoin in exchange for the services or products that they produce.
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March 25, 2021, 05:07:58 PM
 #49

Would you buy Tesla using your Bitcoin or you will wait to $100K?  Roll Eyes
Well if there's an tesla charging station here in my country maybe i already buy one why? because here in my country no one still own tesla car and if you have one then you can easily join or entry it into a car show you only need some of a design in car but here in my country you need soil and state and if you really had one you only need to invest it into it and wait for the city to increase it's population but however if you really into a car and wait to invest in it maybe yes tesla is a future car and nature lover why not to own one.
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March 25, 2021, 09:24:48 PM
 #50

Everything is actually marketing, it achieves its goal of capturing interest in some people to think about buying a car with bitcoin, unless you have plenty of it is not really the best investment destination.

In any case, if there is something that is depreciated in value after being acquired, it is a car, not counting maintenance expenses.
You're right this is a clever way for marketing and now this will make some people intersted in tesla cars and for the campany to get profits from both people buying the cars and especially getting btc at a low price since now that its down to 52k.
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March 25, 2021, 09:33:29 PM
 #51

You will only make Elon richer in the near future,so no not buying a liability Tesla. If you want to buy car use fiat and keep your BTC’s. Big companies are fomo’ing now, this is one of their strategy to gain more Bitcoin in exchange for the services or products that they produce.

That's one way of marketing their tesla cars also. Aside from the fact that they are investing in bitcoin. So they are promoting both for their business. If nothing else, just another endorsement for bitcoin usage. Even if we are not buying Tesla (for one, very few can afford), still this is a good marketing in crypto. And I bet, not many people in the forum can really afford to buy this car, and if they can, do they have preference to buy one?
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March 25, 2021, 09:41:34 PM
 #52

If I could afford it then why not? But as of now, I would prefer to hold my Bitcoin since there's a bigger opportunity of gaining a better profit in the future. As wise holders, we should just buy what we need rather than what we want while we're still holding. That should be the mindset of holders with a certain goal. If we'll hold and gain bigger, then I think that's the best time for us to buy luxury cars like Tesla.
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March 25, 2021, 10:06:52 PM
 #53

There was the question posed about is it good to purchase a tesla with your bitcoin since the amount you pay now could be worth more or less later on down the road.
Anyone who is purchasing the car using bitcoin will be users who are holding the coins for a long time and no one in the right sense will be purchasing the coin at the current price just to purchase a car. So the price does not matter and the merchant has the option to convert them to fiat. You cannot expect both scenarios, you want to purchase using bitcoin and then think about their future valuation. 
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March 25, 2021, 10:17:14 PM
 #54

Would you buy Tesla using your Bitcoin or you will wait to $100K?  Roll Eyes
I think in the future yes. For now, It's not possible for me to buy a tesla using bitcoin. I have a few reasons.

1. My bitcoins are not allocated for a tesla right now.
2. No tesla dealership available in my country, Import is also bad because of the tax  Lips sealed
3. My country has no infrastructure or support that can  accommodate an electric car today (Charging station, Maintenance support/parts, capable roads)
4. No legal way to drive a tesla on our road because our country doesn't have the framework yet to accept electric cars. It can't be registered yet Lips sealed So no legal documents.

But yeah, I wish I can purchase a tesla with my bitcoins in the future, I'm just waiting for the best opportunity to do it.
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March 25, 2021, 10:48:13 PM
 #55

There was the question posed about is it good to purchase a tesla with your bitcoin since the amount you pay now could be worth more or less later on down the road.
Anyone who is purchasing the car using bitcoin will be users who are holding the coins for a long time and no one in the right sense will be purchasing the coin at the current price just to purchase a car. So the price does not matter and the merchant has the option to convert them to fiat. You cannot expect both scenarios, you want to purchase using bitcoin and then think about their future valuation. 
When you do like to test out on buying things physically or online with using your own coins then its just dumb for you to make use of those which you had currently bought on and you will surely be
using those coins that you had been holding for a while and had already making out some profits on while holding it.For testing purposes then its considerable but if you are aiming for holding
for long term or future years to come then you wouldnt really take this step for you to make use if you can simply use up your fiat in the process.
You know bitcoins potential worth in the future which means you are just missing out the opportunity if you do spent all of those.

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March 25, 2021, 11:53:42 PM
 #56

You know bitcoins potential worth in the future which means you are just missing out the opportunity if you do spent all of those.
If you start thinking like that then you will never sell the coins and the idea of bitcoin as a currency will fail. The idea of store of value is still strong and it is good to see companies like Tesla starts accepting bitcoin and hopefully in the next five years we will see more companies opening their doors for bitcoin.

I have sold bitcoin in the past when the price was not even near these valuations and if i think i need a new Tesla then i will sell my bitcoin for the car.
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March 26, 2021, 03:25:52 AM
 #57

I prefer to wait until bitcoin reaches 100k, because I am not a fan of Tesla cars, and I also prefer to save because when I chose to buy a Tesla car using my bitcon, of course, the price of bitcoin will be more expensive, and the Tesla car I bought will definitely be getting cheaper as time progresses.
I will sell my bicoin when I think the time is right to sell it and I will probably wait again for the price to double.

while you don't actually need a luxury car, just buy something that doesn't require a ton of gas to get you where you want to be. small cars that can travel about almost 10 miles with 1 liter of gas will be good saves you a lot of money unlike having a truck. consider a motorcycle if you are single too.

to survive the crisis you need to be a minimalist to save money and wait until electric cars will be cheaper one day. testa will soon be cheaper too.









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March 26, 2021, 12:59:53 PM
 #58

You will only make Elon richer in the near future,so no not buying a liability Tesla. If you want to buy car use fiat and keep your BTC’s. Big companies are fomo’ing now, this is one of their strategy to gain more Bitcoin in exchange for the services or products that they produce.
Well those customers are trading in their bitcoin for a car. Is it  a fair trade? Embarrassed
So you can see where Tesla is going with this and accumulating as much bitcoin as they can for an exchange in a tangible object.

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March 26, 2021, 02:39:16 PM
 #59

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

I believe that buying Tesla with BTC is not as easy as it seems at first glance. For example, I have BTC, but there is no official Tesla dealer in my region and is unlikely to be in the near future. A number of questions arise: where and how can I buy Tesla with BTC? Who will deliver it and register it to me and how? In general, it sounds nice - "Buy Tesla for BTC", but in reality it is not realistic for many to do it. Based on this, I will choose the second option, namely, I will defend my BTC until it reaches a higher price.
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March 26, 2021, 02:59:26 PM
 #60

I will love to buy Tesla with Bitcoin if i am opportune, But not at an outrageous price. I will compare the price in Fiat and Bitcoin before buying it, and i will pay with the cheapest. We are all gunning for maximum utility from our expenditures. Average human being is a rational consumer.
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