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Author Topic: Would you "swap" your crypto for a Tesla?  (Read 2405 times)
posporo
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June 07, 2021, 01:35:10 AM
 #141

No way, I mean I think having crypto is much better for having a Tesla because it has a much more potential. Also, I am not a fan of a cars. Simple car is enough for me. I would give my time for holding my crypto for better future.

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June 07, 2021, 08:25:27 AM
 #142

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 personally wouldn't use Bitcoin to buy a car or anything like that for the same reason you mentioned it. Bitcoin and Ethereum are perfect assets for accumulating value and if today 1 Bitcoin has a value as much as for 1 car, then in a year it will have 2 or 3 times higher value and the only thing I can do is regret that I gave 1 Bitcoin for Tesla.
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June 07, 2021, 09:11:43 AM
 #143

No way, I mean I think having crypto is much better for having a Tesla because it has a much more potential. Also, I am not a fan of a cars. Simple car is enough for me. I would give my time for holding my crypto for better future.
My situation is different from yours, i would if the cryptos i own was worth enough, but the reality is that I own less than half the assets of the Model 3.
I've been looking forward to buying a Tesla for a long time, but I just haven't had enough money all the time.

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June 07, 2021, 10:40:40 AM
 #144

I will not do that, I will continue to hold my token until it really benefits me...

Tesla is selling very expensive in my country, this is the reason why I am not very interested in Tesla. I'd rather stick with my old car than sell my tokens just to buy a Tesla that I don't really need.
well, I think the choice is indeed to hold the crypto we have rather than exchange it for Tesla. although it increases the benefits of crypto, and crypto users also have the opportunity to own a Tesla if the exchange is worth it. however, I think, for people who are looking to profit from crypto, holding and turning it into cash or other investments may be more worth it than exchanging it. well, for those who already have a lot of assets, it seems like it's worth it.

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June 07, 2021, 11:38:26 AM
 #145

You dont get my point dude, i mean people celebrate Crypto Pizza Day, even i became fools because of buy Tesla by crypto. At least many people could be celebrate it.
Why would it be stupid to buy Tesla with crypto? hasn't that been done by other people and they don't feel stupid about it, and as for the celebration I think it's free for anyone who wants to remember it.
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June 07, 2021, 02:07:27 PM
 #146

even though I have millions of dollars in crypto in my wallet
I wouldn't trade it for something I don't need

I don't really like electric cars because I think It complicated
better for me to hold my crypto coin and enjoy it

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June 07, 2021, 02:50:11 PM
 #147

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?

Depends on what you are aiming to do with your crypto. Money and crypto are so easily interchangeable now, I don't think you need to regret for using crypto at market price. If you are going to cash out it as money and buy a car, you would better directly buy a tesla. Even personally I dream of buying a tesla with my trading profits from crypto.



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June 07, 2021, 03:19:35 PM
 #148

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?

Depends on what you are aiming to do with your crypto. Money and crypto are so easily interchangeable now, I don't think you need to regret for using crypto at market price. If you are going to cash out it as money and buy a car, you would better directly buy a tesla. Even personally I dream of buying a tesla with my trading profits from crypto.

True, why bother to use your crypto if you really want to buy something out from your assets.

Like what you have said, it depends with how you percepts things, if you wanted to use your crypto asset then so be it, no need to
cash out and exchange it, you can directly use it to any platforms who accept crypto as payment process.
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June 07, 2021, 03:42:31 PM
 #149

Yes i would like to do that, but my country wont permitted that kind of transaction.
Even the price of the Crypto i used will grow later, maybe someday people will remember with Crypto Tesla Day, isnt it cool?
Not cool in my opinion because Crypto is not only for Tesla, but for all digital currencies that have been born, apart from some countries that have not fully allowed crypto, but crypto will always live for all.
When people say they want to buy a Tesla car with bitcoins or any coin, I feel like laughing at them. These people who are so curious to buy a car with bitcoins can always do so by selling bitcoins and buying Tesla or any car they want. It's not like bitcoin is useless and suddenly you can buy car so you are excited.

If I have the amount of coins required for buying the car I need, I won't wait for them to accept bitcoins, instead, I would just sell them to a P2P seller and use the fiat to buy the car.

After all the hate Elon has spread around crypto in recent times, I wouldn't ever want to buy a car with money that I earned through crypto because as a part of this community, we owe bitcoin more than I love Tesla cars.

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June 07, 2021, 04:28:24 PM
 #150

When the OP made this post, Bitcoin was trading at around $60,000 per coin. The current prices represent around 40% reduction from those levels. So in a way, it would have been more profitable to purchase a Tesla S-class when this post was made. How much depreciation would be there in two months? Maximum 2%? This 2% depreciation would have been preferable to 40% reduction in net value. But always remember that Bitcoin gives good returns in the long term, irrespective of temporary fluctuations.
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June 07, 2021, 05:55:11 PM
 #151

Well, it depends. If I had so much cryptocurrencies at my disposal, then why not? I mean, what better ways would there be to contribute to world wide adoption of cryptocurrencies than to actually use it in buying things that have physical value? And most of all with huge amounts. But that only applies if I already have lots of cars already that aren't electric. Because I honestly do prefer hearing the sound of the engine with a great exhaust than a silent one.
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June 07, 2021, 06:03:37 PM
 #152

the answer is of course no, from the start I had no intention of exchanging my assets for a car. if it's like I don't have a car more than I lose the assets I have.
because this is an asset that I have held for a long time and I love it too much to trade this especially for a car

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June 08, 2021, 07:43:40 PM
 #153

I will not do that, I will continue to hold my token until it really benefits me...

Tesla is selling very expensive in my country, this is the reason why I am not very interested in Tesla. I'd rather stick with my old car than sell my tokens just to buy a Tesla that I don't really need.
It seems Musk really miscalculated here, it seems that he thinks that his cars are the way to the future but he does not seem to realize that other companies could make the same cars for a fraction of the cost and people will just choose those cars over the ones his company makes, now this could have been different if he still had the good will of the people of this market in which case we could have supported him as a fellow bitcoin holder, something that it is not going to happen after the extreme FUD he brought to the market.

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Lantind
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June 09, 2021, 12:33:03 PM
 #154

the answer is of course no, from the start I had no intention of exchanging my assets for a car. if it's like I don't have a car more than I lose the assets I have.
because this is an asset that I have held for a long time and I love it too much to trade this especially for a car
Actually every human being needs needs in his life including cars, but now there are many types of affordable cars that can be owned by everyone, not only Tesla, so buy a car according to your needs and don't chase the model too much, because every year there are always a new model produced by a car company.
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June 09, 2021, 01:44:07 PM
 #155

the answer is of course no, from the start I had no intention of exchanging my assets for a car. if it's like I don't have a car more than I lose the assets I have.
because this is an asset that I have held for a long time and I love it too much to trade this especially for a car
Actually every human being needs needs in his life including cars, but now there are many types of affordable cars that can be owned by everyone, not only Tesla, so buy a car according to your needs and don't chase the model too much, because every year there are always a new model produced by a car company.
We must be wise in making decisions even in deciding to buy a car,
it's true that we have to buy a car according to our needs because if we buy based on the model or brand it will never end because every year there will be a new one and we will not be satisfied

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Lantind
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June 10, 2021, 03:37:52 PM
 #156

We must be wise in making decisions even in deciding to buy a car,
it's true that we have to buy a car according to our needs because if we buy based on the model or brand it will never end because every year there will be a new one and we will not be satisfied
I think everyone will always be wise in buying anything, including buying a car, so there is nothing that needs to be described in full because buying something is definitely because of a need and it is also in accordance with the wishes of course
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June 10, 2021, 03:45:32 PM
 #157

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?
Even before all the whole FUD that Elon musk eventually created around Bitcoin especially, I wouldn't spend my Bitcoin on buying a Tesla or any other car, I would sell to Fiat for any form of transaction because of what you just mentioned. It would be easier not to think someday that you spent X amount of Bitcoin on buying something that would even depreciate in value almost immediately.
I guess Elon musk even further messed that up by himself anyways.
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June 12, 2021, 09:46:49 PM
 #158

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?
Even before all the whole FUD that Elon musk eventually created around Bitcoin especially, I wouldn't spend my Bitcoin on buying a Tesla or any other car, I would sell to Fiat for any form of transaction because of what you just mentioned. It would be easier not to think someday that you spent X amount of Bitcoin on buying something that would even depreciate in value almost immediately.
I guess Elon musk even further messed that up by himself anyways.

He messed up big time, I think we have all hear the memes of people wanting to buy a lambo with their bitcoin once they got rich enough, and even if lambos also lose value people were willing to do this because it was a sign that they have finally made it in this market, I thought that Musk was thinking on Teslas replacing lambos as the status symbol that people will use to signal they finally made it in this market but after what he did this is never going to happen as he has gained a bad reputation in this market.

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June 12, 2021, 11:43:30 PM
 #159

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?

To buy in large portions of course not, it took time to convince me TESLA's performance, buying proven coins like bitcoin, Binance and ethereum is safe and profitable.
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June 13, 2021, 03:04:36 AM
 #160

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?

Depends on what you are aiming to do with your crypto. Money and crypto are so easily interchangeable now, I don't think you need to regret for using crypto at market price. If you are going to cash out it as money and buy a car, you would better directly buy a tesla. Even personally I dream of buying a tesla with my trading profits from crypto.

True, why bother to use your crypto if you really want to buy something out from your assets.

Like what you have said, it depends with how you percepts things, if you wanted to use your crypto asset then so be it, no need to
cash out and exchange it, you can directly use it to any platforms who accept crypto as a payment process.

These days, we already know the real value of cryptocurrency as an investment so I don't think it's still a wise decision to purchase anything using it if we already have cash. I would prefer to have and hold it than spend it on luxurious things such as Tesla.
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