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Author Topic: Who's gonna buy Tesla using Bitcoin?  (Read 1322 times)
finaleshot2016
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April 11, 2021, 07:50:57 PM
 #161

Even if I wanted to, can't afford to buy one. Hoping that I'll be able to increase my portfolio holdings and take advantage of the current situation in the market especially the altcoins. I just hope the this bullish will continue and able to overcome the resistance before the correction hits.
Don't be scare about tomorrow becasue the business of bubbles are still much pretty available for those who keep into bitcoin promise. You might look down on yourself but greater is the little bitcoin you will hodl soon and Tesla won't be a big challenge for your to own. In my opinion, our country still have alot of challenges in it charging and with this am not going into the market to check the price of Tesla car but will do that in future.
Better hold bitcoin and buy Tesla with your cash money, this bad way if you want to but car with bitcoin because bitcoin price always potential grow up one or two year later, but cash money is worth to buy every thing. Just they way when have company accepted bitcoin never purchase your bitcoin to buy everything, hold and keep your bitcoin investment safety until really back to higher price.
Agree, The reason why Tesla is willing to accept bitcoin as payment because they knew the potential of bitcoin.

So in that case, why would you use bitcoin to buy a car if there's a huge potential in bitcoin? right? I mean it'll be a waste to use bitcoin on a car if you can buy it using cash.

Bitcoin can x2 soon, you can't easily buy bitcoin because it's already at the peak and trying to resist a new ATH so IMO, not a good move.
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April 11, 2021, 08:13:35 PM
 #162

Even if I wanted to, can't afford to buy one. Hoping that I'll be able to increase my portfolio holdings and take advantage of the current situation in the market especially the altcoins. I just hope the this bullish will continue and able to overcome the resistance before the correction hits.
Don't be scare about tomorrow becasue the business of bubbles are still much pretty available for those who keep into bitcoin promise. You might look down on yourself but greater is the little bitcoin you will hodl soon and Tesla won't be a big challenge for your to own. In my opinion, our country still have alot of challenges in it charging and with this am not going into the market to check the price of Tesla car but will do that in future.
Better hold bitcoin and buy Tesla with your cash money, this bad way if you want to but car with bitcoin because bitcoin price always potential grow up one or two year later, but cash money is worth to buy every thing. Just they way when have company accepted bitcoin never purchase your bitcoin to buy everything, hold and keep your bitcoin investment safety until really back to higher price.
Agree, The reason why Tesla is willing to accept bitcoin as payment because they knew the potential of bitcoin.

So in that case, why would you use bitcoin to buy a car if there's a huge potential in bitcoin? right? I mean it'll be a waste to use bitcoin on a car if you can buy it using cash.

Bitcoin can x2 soon, you can't easily buy bitcoin because it's already at the peak and trying to resist a new ATH so IMO, not a good move.
For those who do mind about long term aspect then they would really be having these kind of thoughts in mind on why they would be wasting up their coins on purchasing into something
which can be actually be bought by fiat but if you are some sort of whale who do owns thousands of coins then spending a few for the sake of complimentation or rewarding yourself
then this wont really be that much of an issue but for us average joes or earners then it wont really be that worth for us to spend on.
Save and accumulate while we can because potential is really there when it comes to future.

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April 11, 2021, 08:58:54 PM
 #163

It will be remarkable for me, if I can buy Tesla with Bitcoin or any cryptocurrency. The Tesla news was a great boost to Bitcoin and cryptocurrency at large. Outside this, Bitcoin and cryptocurrency have come to stay.
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April 11, 2021, 09:23:21 PM
 #164

many people in 2022 I guess! Very few on 2021
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April 11, 2021, 10:16:46 PM
 #165

I've thought about it more and I don't see how Tesla can really do this. For example there is VAT or sales tax when you buy a car, that Tesla has to give back to government. Government will not accept bitcoin. So if Tesla keeps the bitcoins, then they have to fork out cash to pay the government. So now, they have given you a car, have to pay employees in fiat, expenses in fiat, investment in fiat, raw materials, etc., but they don't have the fiat since they got BTC and don't want to sell it.

That can only work if very few people actually buy Teslas with BTC, otherwise Tesla will have to sell BTC for sure.
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April 12, 2021, 02:28:17 AM
 #166

Even if I wanted to, can't afford to buy one. Hoping that I'll be able to increase my portfolio holdings and take advantage of the current situation in the market especially the altcoins. I just hope the this bullish will continue and able to overcome the resistance before the correction hits.
Don't be scare about tomorrow becasue the business of bubbles are still much pretty available for those who keep into bitcoin promise. You might look down on yourself but greater is the little bitcoin you will hodl soon and Tesla won't be a big challenge for your to own. In my opinion, our country still have alot of challenges in it charging and with this am not going into the market to check the price of Tesla car but will do that in future.
Better hold bitcoin and buy Tesla with your cash money, this bad way if you want to but car with bitcoin because bitcoin price always potential grow up one or two year later, but cash money is worth to buy every thing. Just they way when have company accepted bitcoin never purchase your bitcoin to buy everything, hold and keep your bitcoin investment safety until really back to higher price.
Agree, The reason why Tesla is willing to accept bitcoin as payment because they knew the potential of bitcoin.

So in that case, why would you use bitcoin to buy a car if there's a huge potential in bitcoin? right? I mean it'll be a waste to use bitcoin on a car if you can buy it using cash.

Bitcoin can x2 soon, you can't easily buy bitcoin because it's already at the peak and trying to resist a new ATH so IMO, not a good move.
The way by Tesla company how to get more bitcoin and accepted payment using bitcoin for every one want to buy Tesla car, I think if you use bitcoin as purchase payment the Tesla company will hold your bitcoin and sell later after raise to higher price, bitcoin still potential break out above $100,000 maybe one or two years later.
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April 12, 2021, 05:26:17 AM
 #167

From what I understand, a decent Tesla car costs around $100,000 in the United States. So here in India, the prices can be at least 50% to 60% higher. And the average annual income stands at $1,000 per year. At this point, I don't think that a lot many people would go for Tesla in India. Also who will spend their Bitcoins on an asset which will get depreciated after every year, especially when we are all expecting a very significant bull rally?

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April 12, 2021, 08:39:38 AM
 #168


Of course, the decision to buy TESLA in bitcoins is very ambiguous, because it can really grow up to 100k, only the owner of TESLA will earn from this transaction, a very thoughtful move from Elon Musk, I generally admire him, his decisions are always correct and successful.
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April 12, 2021, 01:27:42 PM
 #169

In my opinion, buying Tesla with Bitcoin has two meanings. The first meaning is to buy a Tesla car with Bitcoin. The second meaning is to buy Tesla stock with Bitcoin.
Both things have probably already been done as Binance today announced they will list TSLA tokens on their platform.
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April 13, 2021, 10:25:21 PM
 #170

Tesla have make bitcoin more popular after many time Elon Musk make new tweet about bitcoin and doge coin, how ever during bitcoin have raise to higher price I think Tesla have give more benefit for bitcoin by advertise every time. This way many businessman and company adopted bitcoin as payment currency and price have touch all time high.
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April 14, 2021, 09:04:28 AM
 #171

In my opinion, buying Tesla with Bitcoin has two meanings. The first meaning is to buy a Tesla car with Bitcoin. The second meaning is to buy Tesla stock with Bitcoin.
Both things have probably already been done as Binance today announced they will list TSLA tokens on their platform.
Is the token really the same as a Telsa stock? That is quite peculiar for a company to have a token as a stock maybe I just need to be accustomed to it since this is going to be a start for something new, the only problem that I see is if I bought a token, am I recognized as a stock holder too?

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April 14, 2021, 09:21:37 AM
 #172

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

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I'm not a fan of tesla so why should i Buy this using my precious coins.

I would rather wait when Mercedes Benz finally accept Bitcoin so i can have my dream 2 doors .

And of course will wait until the value reached 100k USD per Bitcoin so i only need 1 BTC to have my Car  Grin

Will this be happening this year?









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April 14, 2021, 10:41:25 AM
 #173

Tesla have make bitcoin more popular after many time Elon Musk make new tweet about bitcoin and doge coin, how ever during bitcoin have raise to higher price I think Tesla have give more benefit for bitcoin by advertise every time. This way many businessman and company adopted bitcoin as payment currency and price have touch all time high.

I agree that Tesla and Elon Musk played a big role in making the price of Bitcoin as high as it is now, because as we all know Tesla invests
in Bitcoin in large amounts and Elon Musk does a lot of Bitcoin shilling on twitter. After that more and more companies started investing in Bitcoin,
it's been an amazing year for Bitcoin. Even the price of Bitcoin managed to hit the ATH price of $ 64k, this has made Bitcoin even more popular.

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April 14, 2021, 11:38:46 AM
 #174

In my opinion, buying Tesla with Bitcoin has two meanings. The first meaning is to buy a Tesla car with Bitcoin. The second meaning is to buy Tesla stock with Bitcoin.
Both things have probably already been done as Binance today announced they will list TSLA tokens on their platform.
Is the token really the same as a Telsa stock? That is quite peculiar for a company to have a token as a stock maybe I just need to be accustomed to it since this is going to be a start for something new, the only problem that I see is if I bought a token, am I recognized as a stock holder too?
Sure, it's the same as buying WBTC meaning you hold BTC. Token holders representing Tesla shares are also Tesla stockholders. Issues related to rights such as dividends or investor meetings need to be answered, I think Binance is responsible for this issue.
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April 14, 2021, 12:08:26 PM
Last edit: April 14, 2021, 12:33:17 PM by TopTort777
 #175

It will be remarkable for me, if I can buy Tesla with Bitcoin or any cryptocurrency.

Do you want to buy Tesla with Bitcoin because this option exist, or you simply want to buy a Tesla?

Dont know what people find in Tesla cars? Of course there are technologies, but soon every other car will have them. There are cars that are better or worse than Tesla. I would not mind buying car with Bitcoin. But not Tesla. I'm not ready for electric car yet, nor my surrounding is not suitable for electric car. I would buy something more practical like compact crossover. Tesla cybertruck might be the one. But this car looks like it was designed for robot wars.

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April 14, 2021, 01:29:40 PM
 #176

Tesla is too expensive for me, I prefer like to buy cheap car rather than tesla although it has good technology. Actually my dream car are Lamborghini and Mercedes-Benz sprinter. So it seems that I will wait until Bitcoin price reach $100k. I still young now and the best thing that I can do is investment, I am planning to invest as many as I  can so my future will be better.

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April 14, 2021, 06:28:43 PM
 #177

From what I understand, a decent Tesla car costs around $100,000 in the United States. So here in India, the prices can be at least 50% to 60% higher. And the average annual income stands at $1,000 per year. At this point, I don't think that a lot many people would go for Tesla in India. Also who will spend their Bitcoins on an asset which will get depreciated after every year, especially when we are all expecting a very significant bull rally?
Obviously not many people are going to buy a Tesla at the moment and I am pretty sure that Elon knows this, I really think that what he's trying to do is to replace lambos in the minds of people when it comes to buying their dream car, we know that people joke about what kind of lambo they are going to get when they become rich with bitcoin or other cryptocurrency and it is obvious that Elon knows this so I think he's trying to replace that kind of thinking with his own cars, I do not know if he will be successful but it is worth the try.

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April 15, 2021, 07:16:36 AM
 #178

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

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I believe every good investor would like to wait till Bitcoin Hits a $100k price and Buy any type of car they want which I would do as well because when it comes to Investment, I would rather wait to make the most out of my investment than to spend part on things like that however, Tesla is not going to be a popular car in my country as I believe they are mostly electric cars which their charge point is not readily available.   
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April 15, 2021, 07:43:05 AM
 #179

I believe every good investor would like to wait till Bitcoin Hits a $100k price and Buy any type of car they want which I would do as well because when it comes to Investment, I would rather wait to make the most out of my investment than to spend part on things like that however, Tesla is not going to be a popular car in my country as I believe they are mostly electric cars which their charge point is not readily available.  
I don't know how many Tesla cars were sold as long as they adopted bitcoin as a means of payment. Tesla doesn't seem too problematic if not many bitcoin users want to buy their car because they already have a number of bitcoin that have been purchased a few month ago. If Tesla doesn't succeed in reaching its car sale target with bitcoin, then they will profit from the increase in the price of bitcoin. Remember, they bought $1.5 billion bitcoin a while back.

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April 15, 2021, 08:41:25 AM
 #180

I don't know how many Tesla cars were sold as long as they adopted bitcoin as a means of payment. Tesla doesn't seem too problematic if not many bitcoin users want to buy their car because they already have a number of bitcoin that have been purchased a few month ago. If Tesla doesn't succeed in reaching its car sale target with bitcoin, then they will profit from the increase in the price of bitcoin. Remember, they bought $1.5 billion bitcoin a while back.

clearly with the investment that Tesla made by buying bitcoin where now the price is higher than when buying, of course, it has benefited. Of course there are also those who buy Tesla because it must be admitted that this car company is quite popular and is also the target of luxury car users.

then there will be no problem like you said if Teslapun sales are somewhat reduced because with the purchase of bitcoin Tesla is in a very profitable position at this time and maybe it will continue to happen with an increase in the price of bitcoin.
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