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Author Topic: Who's gonna buy Tesla using Bitcoin?  (Read 1322 times)
hilariousetc
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April 15, 2021, 11:24:59 AM
 #181

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.

Tesla have many car showrooms in the UK with a fleet of cars already available so they do the importing. Most car companies don't manufacture in the UK these days anyway and I think Tesla is opening up a gigafactory in Berlin so that will cover their Europe-wide base.

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?

The Cybertruck was quoted as being about half that at surprisingly around 50k, but I'd be surprised if it wasn't more than that on launch. Hopefully they can keep the costs reasonable. I wouldn't buy one at $100k but 50k is definitely reasonable and I would have no problem spending 1 bitcoin on one. Obviously you're going to have to have a bit of money to be able to buy one but people do buy new cars and since this is something new and unique it's going to be a while before you can pick them up on the second-hand market. If there's a shortage of them which I think there will be they might even go for much more initially until they can meet demand. As for spending bitcoins, people are going to want to cash them out at some point or spend them on something and I see nothing better than at least supporting a company that has taken the risk to both buy into bitcoin and actually accept it as payment which you can't ask for anything more from a company. I hope there's actually a lot of people buying Teslas (and other things) with bitcoin in the future as it gives it more weight as a currency or a payment medium at least rather than something that people just hodl till they die. 

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April 15, 2021, 12:24:23 PM
 #182

Nice question ,it's your money, your choice and your tesla
So if you wish to you bitcoin to buy Tesla it's still your choice but honestly I like the idea of using bitcoin to buy Tesla , very soon it would be used to buy house's in the future .
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April 20, 2021, 02:35:53 PM
 #183

Tesla are stamped on a conveyor belt, there will be a huge number of them, and there are only 21 million bitcoins. So I think anyone who buys a Tesla with Bitcoin will regret their purchase in the future. The case of buying pizza with bitcoins is already known ...))
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April 20, 2021, 03:50:22 PM
 #184

Most people will choose to wait for the bitcoin price to hit $ 100k. on the bitcoin price chart we can see that the price of bitcoin has continued to increase in recent months and I am sure that the price of bitcoin can reach $ 100k in the next few months even though at this time the price of bitcoin has decreased slightly.

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April 20, 2021, 04:02:30 PM
 #185

~~~
Since Tesla is such a large company, it is very likely that they will find consumer who are willing to buy their cars with bitcoin. As I said, even though in the end they didn't reach Tesla's sale target with bitcoin, they have made huge profit from their adoption of bitcoin as a mean of payment in their company. I think they have a good strategy for bitcoin adoption.

Most people will choose to wait for the bitcoin price to hit $ 100k.
That may be true, but not for those who really want to buy it with bitcoin.

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April 20, 2021, 04:21:34 PM
 #186

Since Tesla is such a large company, it is very likely that they will find consumer who are willing to buy their cars with bitcoin. As I said, even though in the end they didn't reach Tesla's sale target with bitcoin, they have made huge profit from their adoption of bitcoin as a mean of payment in their company. I think they have a good strategy for bitcoin adoption.
If you are running a company that allows bitcoin payment you would convert them to fiat as soon as the sales takes place, you are not going to hold them because it is a high volatile market and what happens the market crashes all of a sudden and they will report a financial loss because of their inability and it will affect their stock price as well and their overall performance.

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April 20, 2021, 05:02:19 PM
 #187

I think a lot of people bought tesla with bitcoin. Elon Musk will make a lot of money from this topic. He would not have made such a move if he was not sure that bitcoin would increase.

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April 20, 2021, 06:25:43 PM
 #188

I used to think the price was 20k. $ is huge for bitcoin, now it costs more than 50k ; so if I had bitcoins I would wait a little longer and buy a few Tesla cars for 1 BTC Roll Eyes but unfortunately I don't have any Sad
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April 20, 2021, 09:13:50 PM
 #189

For me, yes, I'll wait for $100k and it will really a big news. Buying car with tesla isn't a big thing and its like spending crypto which is much more important now. If I need, I'll be able to buy tesla by fiat currency.
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April 20, 2021, 09:38:17 PM
 #190

do you guys think all the other big car companies will start to accept bitcoin?
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April 20, 2021, 09:56:20 PM
 #191

If you buy a Tesla car with 1 BTC right now, in 5-10 years time when 1 BTC might value 500K or even 1M you will feel sorry. I suggest you buy the car with FIAT, remember the pizza guy you don't wanna be like him don't you?

1 BTC = 1 BTC
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April 21, 2021, 03:12:49 AM
 #192

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

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If only I had Bitcoins then I will surely buy one but of course after I got and settled all my priorities in life. Having a Tesla car isn't that easy for its maintainance since it is a liability. Therefore, if I had Bitcoins, my family's needs first and then Tesla car if ever then with those glass windows that don't break.😅✌️ I'm not feeling sorry if ever I buy one with BTC because my family is not crypto friendly so leaving my BTC on my wallet for a long period of time will be lost forever if I pass away.😁



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April 21, 2021, 12:27:59 PM
 #193

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


When I heard about Tesla car first in my life, it looked like something fascinating and great. And in case there was opportunity to buy Tesla in those days, may be yes, may be I would bought it. But after some time especially nowadays personally I would not choose it because of different reasons. But it depends on personal preferences. I would choose the more suitable variant for me - starting from the  model, manufacture and opportunities of maintenance in my country. What about Bitcoin, hope we really will see $100k in price.
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April 21, 2021, 01:31:41 PM
 #194

When I heard about Tesla car first in my life, it looked like something fascinating and great. And in case there was opportunity to buy Tesla in those days, may be yes, may be I would bought it. But after some time especially nowadays personally I would not choose it because of different reasons. But it depends on personal preferences. I would choose the more suitable variant for me - starting from the  model, manufacture and opportunities of maintenance in my country. What about Bitcoin, hope we really will see $100k in price.

Tesla S-class may be a good choice for millionaires who want to show-off, but not for the vast majority of the cryptocurrency users. $100K can be a fortune in many of the poor nations, and that may be equivalent to 50 years of annual wages in countries such as India and Bangladesh. Those who can afford it can purchase a Tesla to show their gratitude. But people like me would like to wait for another 2-3 years, before we take such a step. And hopefully by then a Telsa can be purchased within BTC0.20.
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May 01, 2021, 01:05:14 PM
 #195

Most people will choose to wait for the bitcoin price to hit $ 100k. on the bitcoin price chart we can see that the price of bitcoin has continued to increase in recent months and I am sure that the price of bitcoin can reach $ 100k in the next few months even though at this time the price of bitcoin has decreased slightly.
nothing is impossible to reach bitcoin to $ 100k. A slight decline certainly gives people the opportunity to buy and moreover, we know that the increase in bitcoin prices from year to year is extraordinary.

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May 01, 2021, 01:24:27 PM
 #196

I think it not profitable if you buy a tesla today because there's a chance that the bitcoin will surpass the 60k USD if it a chance to have this for sure there is another pump for the 100k USD imagine you bought tesla with the worth of 10 BTC and then pump to 100k your 10 BTC can buy more 3-5 tesla. (This is just an explanation i don't really know the price of the tesla terms of bitcoin), again the market is volatile anything can happen with the market movements so keep aware of the possible outcome its good to hold or sell your coins already.

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Sanugarid
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★Bitvest.io★ Play Plinko or Invest!


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May 16, 2021, 01:36:37 PM
 #197

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

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Obviously yes, If the value of BTC is around 6 digits like 100k USD then buying Tesla using BTC is not really a problem. However, tesla is no longer accepting BTC as a form of payment when you want to avail of their products so it's not really possible now.

Myleschetty
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May 16, 2021, 02:02:11 PM
 #198

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

Follow us on Twitter - https://twitter.com/coinparliament





Obviously yes, If the value of BTC is around 6 digits like 100k USD then buying Tesla using BTC is not really a problem. However, tesla is no longer accepting BTC as a form of payment when you want to avail of their products so it's not really possible now.
If the price of Bitcoin reaches the price range you said it will be easy to buy Tesla vehicle and it was Tesla that stop the integration of Bitcoin as payment but that doesn't mean they can accept crypto credit cards.
menoiazei
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May 16, 2021, 04:35:39 PM
 #199

Buying the tri-motor Tesla Cybertruck when it launches with DOGE, Elon loves it  Grin


Looks like i will be buying it with DOGE after all lol

Cause is not before and effect is not after
Imran232
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June 20, 2021, 03:17:38 PM
 #200

Honesty speaking, I am not going to buy tesla using bitcoin. Well if i had tesla i will be sell it for bitcoin. So that in future i can buy Mercedes-Benz, Audi, BMW,
Lamborghini

Aston Martin


Maserati

Jaguar

Rolls-Royce
Lol Grin Grin Grin

After Doing of elon stunt with us for his profit means of his companies profit. How can we will buy that thing which made our portfolio less than half? We won't. Its my wish. Thanks.
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