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Author Topic: Would you "swap" your crypto for a Tesla?  (Read 2405 times)
virtualdn
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May 10, 2021, 08:00:51 PM
 #61

Elon Musk may be smart but I'm not that stupid myself. The answer is no, never, I'm not that dumb. I use my own judgement and don't need an influencer to tell me what to do, especially a billionaire guy.

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May 10, 2021, 08:01:12 PM
 #62

If i have crypto i don't think will swap it to Tesla. Not because not interested or not support. Because if i have money i will made investment in something that really worth in future like Real estate or maybe buy more house. Not difference if buy Tesla with fiat or bitcoin because if we have money, we still can buy it with fiat and not limited only for crypto.

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May 10, 2021, 08:09:33 PM
 #63

Hello everyone!

So with the hype around crypto that Elon Musk is creating and with the news about possibility of acquisition of any Tesla car with crypto, comes my question:
Would you buy a Tesla with BTC or ETH? Aren't we going to regret it? In future, will this turn to an event similar to "Bitcoin Pizza Day" where people will be sayin that someone spend a whole BTC or 10 ETH for a car Huh?

I will not exchange the ETH that I have just to buy a Tesla car, there are several reasons such as in the future this car will not be on the market because of the advancement of automotive technology that continues to be improved, then some government rules regarding payments using cryptocurrency that are not allowed and the third is that the price of crypto coins will continue to increase because the number of requests is increasing, this will always be my consideration before deciding to buy Tesla with my crypto assets.

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May 10, 2021, 08:11:38 PM
 #64

buying a tesla with bitcoin is just like buying with fiat, you are buying because you need it and not to prove to anyone that you can purchase with bitcoin, we have passed that stage. so i dont see any regret in doing so, what you shouldnt do is buy what you dont need. this is in terms of purchase. but for swapping its a NO NO.
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May 10, 2021, 08:24:44 PM
 #65

There is no way I would get Tesla and give up my bitcoin. Personally I do not like to spend that much on a car, I live in a nation where cars worth a lot of money and a Tesla worths nearly as much as a house here, so I wouldn't really want to be giving that much bitcoin for it. It worths around 2.4 bitcoins here and I would be insane to spend that much on a car.

This is why I prefer to keep it in btc, of course if it depends on how you live, if you do not need the money and you want a car then Tesla is the way to go of course, that makes sense but just not to people like me. I am not rich enough that I wouldn't be even able to cover the taxes on that thing per year, even if I can, what is the purpose of spending so much on a car when I could simply make a lot better investments that could make my life a lot easier if I just used it for the long term.

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May 10, 2021, 08:28:04 PM
 #66

Hello everyone!

So with the hype around crypto that Elon Musk is creating and with the news about possibility of acquisition of any Tesla car with crypto, comes my question:
Would you buy a Tesla with BTC or ETH? Aren't we going to regret it? In future, will this turn to an event similar to "Bitcoin Pizza Day" where people will be sayin that someone spend a whole BTC or 10 ETH for a car Huh?
Personally I have never been against spending your bitcoin on things you really need, after all that is what wealth is for, so if you need a car and you think a Tesla is the best choice you can get and you do not have the money to pay with fiat and you have more bitcoin then do it, it is true that you will be missing some profits but as long as you can accept that decision then you can use your bitcoin to pay for a Tesla and not regret your decision in the future.

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May 10, 2021, 09:14:24 PM
 #67

We should learn in the fast, Tesla or a car is not as valuable as the crypto we are holding, a car is a liability unless used for business, while ETH or bitcoin is an asset and as its demand will increase which is potential, the value will also rise. There's no problem with buying a car or tesla, as long as you don't sacrifice your investment and the money you use is just your profit from your investment. 

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May 10, 2021, 09:58:04 PM
 #68

of course not, I prefer to swap my crypto for Lamborghini than Tesla (I think Lamborghini is cooler than Tesla) and of course than I bought Tesla, then I better still HOLD my crypto, because I believe that in the next 10 years, I can swap my crypto for 3 Tesla and if I swap now then I only get 1 Tesla, so of course I will definitely regret it if I swap my crypto for Tesla right now.
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May 14, 2021, 05:38:24 PM
 #69

of course not, I prefer to swap my crypto for Lamborghini than Tesla (I think Lamborghini is cooler than Tesla) and of course than I bought Tesla, then I better still HOLD my crypto, because I believe that in the next 10 years, I can swap my crypto for 3 Tesla and if I swap now then I only get 1 Tesla, so of course I will definitely regret it if I swap my crypto for Tesla right now.
And just like that the opportunity that we had to buy a Tesla with our bitcoin is gone, Elon has withdrawn that ability with some lame excuse, some say that sooner or later that option is going to make a comeback but I am not so sure, quite honestly I tought that Elon was smarter than this, whenever people think of buying something luxurious with their coins they always talk about lambos, I thought this was a strategy to replace lambos with teslas but it seems that was not the case.

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May 14, 2021, 06:10:15 PM
 #70

Until now, there is no intention of me to exchange my assets to Tesla. because it is very unfortunate that the bitcoins that I have held for a long time have to be exchanged for Tesla. I better not have a Tesla than I have to lose the treasure that I kept for so long.
I don't care about other people who exchange their bitcoins and what they say to me to exchange my bitcoins. I will stick with the opinion that I do now that I will keep bitcoin no matter what

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May 14, 2021, 06:14:22 PM
 #71

of course not, I prefer to swap my crypto for Lamborghini than Tesla (I think Lamborghini is cooler than Tesla) and of course than I bought Tesla, then I better still HOLD my crypto, because I believe that in the next 10 years, I can swap my crypto for 3 Tesla and if I swap now then I only get 1 Tesla, so of course I will definitely regret it if I swap my crypto for Tesla right now.
And just like that the opportunity that we had to buy a Tesla with our bitcoin is gone, Elon has withdrawn that ability with some lame excuse, some say that sooner or later that option is going to make a comeback but I am not so sure, quite honestly I tought that Elon was smarter than this, whenever people think of buying something luxurious with their coins they always talk about lambos, I thought this was a strategy to replace lambos with teslas but it seems that was not the case.

Seems that he's testing the sentiments of the people, after that withdrawal we seen some market falls,
shaking those weak holders who are affected of certain news.

But currently, we do see another good bounce, giving money to those who are strong enough buying the dip and
collect those cheap coins that being thrown.

This topic for now is no longer available as Musk / tesla removed this option.

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May 14, 2021, 06:18:02 PM
 #72

of course not, I prefer to swap my crypto for Lamborghini than Tesla (I think Lamborghini is cooler than Tesla) and of course than I bought Tesla, then I better still HOLD my crypto, because I believe that in the next 10 years, I can swap my crypto for 3 Tesla and if I swap now then I only get 1 Tesla, so of course I will definitely regret it if I swap my crypto for Tesla right now.
And just like that the opportunity that we had to buy a Tesla with our bitcoin is gone, Elon has withdrawn that ability with some lame excuse, some say that sooner or later that option is going to make a comeback but I am not so sure, quite honestly I tought that Elon was smarter than this, whenever people think of buying something luxurious with their coins they always talk about lambos, I thought this was a strategy to replace lambos with teslas but it seems that was not the case.
The opportunity has been erased but step through this grim, would we enjoy buying the car from a company that doesn't live up to its promises and likes to change their mind constantly? A crypto user and a future customer will certainly feel the lack of respect, Elon Musk may be a billionaire and smarter than many others but arrogance always comes at the expense of envy and dislike from others, Tesla's next crypto payment gateways will only be a formality, it will no longer be a reality worth considering.

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May 14, 2021, 06:53:43 PM
 #73

if I have a lot of profit from Bitcoin, I will not buy Tesla using Bitcoin, I will choose to buy it using the money I have and the Bitcoin that I have will still be used for investment and trading to be able to always develop the profits that will be obtained
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May 18, 2021, 06:03:15 PM
 #74

of course not, I prefer to swap my crypto for Lamborghini than Tesla (I think Lamborghini is cooler than Tesla) and of course than I bought Tesla, then I better still HOLD my crypto, because I believe that in the next 10 years, I can swap my crypto for 3 Tesla and if I swap now then I only get 1 Tesla, so of course I will definitely regret it if I swap my crypto for Tesla right now.
And just like that the opportunity that we had to buy a Tesla with our bitcoin is gone, Elon has withdrawn that ability with some lame excuse, some say that sooner or later that option is going to make a comeback but I am not so sure, quite honestly I tought that Elon was smarter than this, whenever people think of buying something luxurious with their coins they always talk about lambos, I thought this was a strategy to replace lambos with teslas but it seems that was not the case.
The opportunity has been erased but step through this grim, would we enjoy buying the car from a company that doesn't live up to its promises and likes to change their mind constantly? A crypto user and a future customer will certainly feel the lack of respect, Elon Musk may be a billionaire and smarter than many others but arrogance always comes at the expense of envy and dislike from others, Tesla's next crypto payment gateways will only be a formality, it will no longer be a reality worth considering.
This is why I think this is a mistake, if he had kept this option available no matter what then eventually Tesla cars would have become the status symbol of this market, and instead of people thinking about buying lambos people will think about buying teslas with their coins and support the company even if they knew that holding their coins was a better option, but now that we see in him nothing but someone willing to do anything for a few more dollars then this is never going to happen.

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May 18, 2021, 06:21:27 PM
 #75

If this was posted few days back, I would have said yes, considering the things the founder of Tesla has done over the years. But with the recent unacceptable actions which he has taken to create a FUD among the crypto-community, ruined the nice picture we had. Now I would directly say "No" to your question.

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May 18, 2021, 09:30:38 PM
 #76

Elon Musk may be smart but I'm not that stupid myself. The answer is no, never, I'm not that dumb. I use my own judgement and don't need an influencer to tell me what to do, especially a billionaire guy.
Excellent work! We should avoid Elon Musk before he changes his mind. Elon Musk isn't smart enough, but in the past he did some good work for our world. I'm also not dumped to sell my altcoins. In the future Dogecoin couldn't fulfill Elon Musk's demand. That's what I'm sure. Elon Musk will also reject Dogecoin before we should reject Elon Musk.
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May 19, 2021, 06:34:33 AM
 #77

They are both valuable thing so the best plan is to invest in Tesla and keep your cryptos too, it won't hurt this way if either one failed but selling one for one is never a good idea

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May 19, 2021, 08:10:54 AM
 #78

I would never give my BTC or ETH for Tesla, I would rather sell Tesla for BTC or ETH. Because Tesla is not rising in price unlike BTC

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May 19, 2021, 08:16:16 AM
 #79

I do not know why people need to ask silly questions like this.

If I NEED a car, and if I WANT a Tesla,,, I buy it, whether with btc or alts or regular fiat.

But if it is to change one investment to another then of course you say no. Knowing cars immediately lose their resale value the moment you take it out of the showroom.

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May 19, 2021, 08:40:56 AM
 #80

I would never give my BTC or ETH for Tesla, I would rather sell Tesla for BTC or ETH. Because Tesla is not rising in price unlike BTC

It depends upon the situation, but for now I would not swap it because as of now crypto have a good price and have many promising coins which can lead us to gain much more profit. One main reason also is that it already shows what crypto got, it's standing and stability. I'm not closing my mind because everything has it's time to bloom.


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