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Topic: Buying a Tesla with Bitcoin - page 2. (Read 846 times)

full member
Activity: 700
Merit: 182
January 03, 2021, 01:01:37 PM
#54
You know what elon mask announced now we are going to add bitcoin litecoin ethereum as a payment method tobbuy tesla product. Now just you think what will be happen in crypto currency market. I think it could be a biggest news for crypto currency market. Just after announced that only 1% of Tesla and SpaceX share holder comes to invest in bitcoin just how much price it can be reach. Though today bitcoin is already crossed $34k+. And if we see that people are buying tesla through bitcoin it will be party time news for crypto. But i think very soon we can buy luxurious house Through 1 bitcoin. Or we can buy most expensive tesla car by 0.1 btc very soon. Hope for the future.
full member
Activity: 1316
Merit: 108
January 03, 2021, 09:54:04 AM
#53
In any case, buying a car using cryptocurrency makes life much easier for a person. I have long been looking for any information about the possibility of buying a car using cryptocurrency in my country, since cashing out a large amount of cryptocurrency is associated with quite big difficulties. The infrastructure for cryptocurrency users needs to be expanded, and since environmentally friendly cars remain in trend today, for cryptocurrency users, buying with Bitcoin is only a plus.
legendary
Activity: 3248
Merit: 1402
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January 03, 2021, 08:28:58 AM
#52
Does the Tesla price remain the same (in USD), and will it remain the same? Because otherwise it might be both Bitcoin going up and Tesla price going down, so they get to meet faster. I don't think I'll ever buy a car because I'm against them, but Tesla is better than most because at least it's environmentally friendly. I think 1 BTC for 1 Tesla in 2021 is a real possibility, given how good things seem to be going and how close it already is to reality. But another question is whether a person would actually be able to buy a Tesla paying directly with Bitcoin or will there remain a need to convert it into fiat.
hero member
Activity: 2912
Merit: 556
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January 03, 2021, 01:50:18 AM
#51
Great! I will wait Tesla to be 0.1 BTC, and I will buy it! Of course, I will have to spend an additional 0.01 BTC for papers and transport, but who cares! Smiley
It's very interesting for me to see the progress of Bitcoin on examples like this one! And can you imagine that rise from 10k BTC for pizza to 1 BTC Tesla car!? That's huge my people, and I think it will become even bigger than it is! Nothing seems impossible when you do so much in so short period of time, in the next 5 years we will see a big boom of crypto on the global stage, and I believe that next halving will push the prices even higher! It's still not too late to buy!

This is a good plan. I'm also going to wait, but I'm not going to buy a Tesla, but a more reasonable car (for example, a Mercedes S class or something like that).

But what I would like to see is a graph showing how many Teslas we need to buy one bitcoin.  Grin

I agree to buy a reasonable car rather than buy an expensive car that we don't really need. A car will be the transportation for us to give a short time to go to someplace, and if by having a reasonable car is enough, it is better to buy that car, so we don't have to spend much money. Many things will be more important for our lives than just to buy an expensive car. But if your purpose for buying the expensive car is because you want to show off to people how much your money, then I am sure you can do that.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 03, 2021, 01:11:56 AM
#50
Like the 10,000 bitcoin pizza, nobody will want to spend any bitcoin with all these price rises because you never know if it will be worth 20% more a few days later.
Money value once objectified loses its importance over time. Same with pizza, cars and so on. That "rich life" motto might seem like a dream but the point is the intelligent trader does not waste time on that. You can very well buy a Lambo or a Tesla and hope for a big status symbol in your city. But truth is, most countries in the third tier dont have roads accommodating driving a sports car or a Tesla.

Eventually when the street dog pisses on your super rich car's side, you will get infuriated like anything but wont be able to do anything about it - sad truth of the world.

Is it not better to spend that money somewhere else and buy an medium class car that wont burn your entire wallet but still give your decent wheels to ride on?

Quote
Would Bitcoin survive if it was kept only as a rather rare store of value, like gold, or does it need to be used regularly like currency to retain it's pure to future buyers? It will be interesting to see.
No need to use it regularly if your local shopkeepers dont accept it - plain and simple.
hero member
Activity: 1778
Merit: 722
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January 03, 2021, 12:56:12 AM
#49
Tesla is super famous and it's progressing itself but the graph you made here will show how bitcoin is growing much faster than tesla. I like the graph you made here and according to what you made here and the ATH we saw during this cycle, we can wait for see 1 Tesla for less than a half bitcoin. Th crazy thing about tesla is it's growing externally over time but due to the bitcoin demand all over the world, one bitcoin getting more valuable than tesla.
legendary
Activity: 2688
Merit: 1192
December 27, 2020, 04:35:53 AM
#48
Like the 10,000 bitcoin pizza, nobody will want to spend any bitcoin with all these price rises because you never know if it will be worth 20% more a few days later. Would Bitcoin survive if it was kept only as a rather rare store of value, like gold, or does it need to be used regularly like currency to retain it's pure to future buyers? It will be interesting to see.
hero member
Activity: 1456
Merit: 940
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December 27, 2020, 03:59:26 AM
#47
Great! I will wait Tesla to be 0.1 BTC, and I will buy it! Of course, I will have to spend an additional 0.01 BTC for papers and transport, but who cares! Smiley
It's very interesting for me to see the progress of Bitcoin on examples like this one! And can you imagine that rise from 10k BTC for pizza to 1 BTC Tesla car!? That's huge my people, and I think it will become even bigger than it is! Nothing seems impossible when you do so much in so short period of time, in the next 5 years we will see a big boom of crypto on the global stage, and I believe that next halving will push the prices even higher! It's still not too late to buy!

This is a good plan. I'm also going to wait, but I'm not going to buy a Tesla, but a more reasonable car (for example, a Mercedes S class or something like that).

But what I would like to see is a graph showing how many Teslas we need to buy one bitcoin.  Grin
full member
Activity: 868
Merit: 150
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December 27, 2020, 03:46:06 AM
#46
Bitcoin price continues to rise and it can really buy many things considering that we are on a peak price again, and we all know that Bitcoin price is more volatile than Tesla so this is going to be an exciting chart to see for sure. Use bitcoin base on your goals, right now I’m confident that we can buy many things through Bitcoin, many already adopted Bitcoin.
Amen brother, having a goal is the best way to utilize your bitcoin, but be careful, having a goal to focus on sometimes lead to a tunnel vision, you might have bought a Tesla right now but the price suddenly shoot up to another ATH to the point that you can buy that same Tesla for quarter of the price that you paid for.
full member
Activity: 1232
Merit: 186
December 27, 2020, 02:44:57 AM
#45
Oh boy! I hope we reach that far soon. And given that I was able to save 1 btc before such kind of price reached, d*mn I will instantly become a millionaire here in our country! Forget about the Tesla, a fish farm is what I wanted the most hehe Grin.

this picture really shows how bitcoin really preserve its value and even goes beyond huh? meanwhile the traditional paper money have a hard time retaining its value bitcoin keeps on increasing its value and now we see only takes 1.5 for a tesla.

I guess never once people in the past thought how big potential btc really has. the paper money really feels like bad investment at this point

Preserve its value, wow big word. Dude don't be overwhelmed by the fact that bitcoin's price continue to rise recently because lots of ups and downs happened in the middle before we reached the new ATH and future bloodbaths might happen as well.. Crypto is still volatile, it will never change. So don't be complacent, always be careful when investing.
legendary
Activity: 2044
Merit: 1115
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December 27, 2020, 02:00:46 AM
#44
this picture really shows how bitcoin really preserve its value and even goes beyond huh? meanwhile the traditional paper money have a hard time retaining its value bitcoin keeps on increasing its value and now we see only takes 1.5 for a tesla.

I guess never once people in the past thought how big potential btc really has. the paper money really feels like bad investment at this point


With so much price instability, I wouldn't say bitcoin has any history of preserving value. That's not why people are buying it. People are FOMOing into it for gains, not to preserve value, which is entirely different than what is going on with crypto right now.  (Interestingly, also TSLA as a stock, which ties in with the opening post.)
sr. member
Activity: 2436
Merit: 455
December 26, 2020, 06:57:54 AM
#43
This shows that bitcoin’s price really do increase over time. Its value is growing and indeed a very good option for long-term investment. This matter tests your skills, patience, and strategy when in comes to buying and selling. Holding bitcoin WISELY could really bring you a good amount over certain period of time.

Way back 2017, bitcoin’s price peaked that’s why majority of users sold their btc and used the money for another investment. Which is a good thing if they were able to maximize the money and generate more profit in return. On the other hand, it’s such a big loss to those who just use their money for luxuries and didn’t hold because of the fear of missing out, most especially now that bitcoin hit and passed its previous peak record.

It would really be a great news if ever a bitcoin would equate to a latest unit of tesla. This would mean that the bitcoin’s price have a really great potential.
sr. member
Activity: 1183
Merit: 251
December 25, 2020, 05:36:26 PM
#42

I don't know anyone can predict  Huh. but towards the end of the year we know that usually people tend to sell their assets for the holidays.
that means if you have need to watch the various news site to get the latest news about crypto. There are some instutional investors that bought billion worth of bitcoins. A few days ago grayscale was adding $500 million dollars worth of bitcoin into its portfolios.
The reversal trend is happening and people didn't have intention to sell their assets for holiday. They are still actively pumping the market.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
December 25, 2020, 04:58:59 PM
#41
Bitcoin price continues to rise and it can really buy many things considering that we are on a peak price again, and we all know that Bitcoin price is more volatile than Tesla so this is going to be an exciting chart to see for sure. Use bitcoin base on your goals, right now I’m confident that we can buy many things through Bitcoin, many already adopted Bitcoin.
hero member
Activity: 2268
Merit: 789
December 25, 2020, 02:37:09 PM
#40
This is an interesting chart, OP.

When I first started in this forum last June 2017, the price of one (1) bitcoin was running around $4,500-$5,000 and the latter price was already considered a bullish run. Now, the price index/history of bitcoin showed that its price constantly increased throughout the years to the point that you can already buy a Tesla Car for less than two (2) bitcoins.

I just hope the trend continues in the future as I am excited as well for the future of bitcoin's price.
legendary
Activity: 3248
Merit: 1179
December 25, 2020, 01:54:48 PM
#39
Great! I will wait Tesla to be 0.1 BTC, and I will buy it! Of course, I will have to spend an additional 0.01 BTC for papers and transport, but who cares! Smiley
It's very interesting for me to see the progress of Bitcoin on examples like this one! And can you imagine that rise from 10k BTC for pizza to 1 BTC Tesla car!? That's huge my people, and I think it will become even bigger than it is! Nothing seems impossible when you do so much in so short period of time, in the next 5 years we will see a big boom of crypto on the global stage, and I believe that next halving will push the prices even higher! It's still not too late to buy!
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
December 24, 2020, 12:50:23 AM
#38
We will definitely have a chance to see 1 bitcoin = 1 tesla model 3. But whether you spend your bitcoin to buy this new technology. Tesla has been one of the pioneers of high technology for many years, along with bitcoin. And it will be more wonderful if Elon Musk decides to open Bitcoin payment gateway. His eagerness mitigates investors who doubted him in the past

With the current momentum, there is nothing that can block us from achieving even further result in the price of bitcoin. This is not just a big pump, it is a pure bull run with real money from institutional investors and bitcoin enthusiast. And as a result, many people are paying attention to bitcoin and tend to believe that it is an outstanding asset better than gold. And from my point of view, bitcoin has the possibility to reach $50000 at the end of 2021. So many factors support us at the moment.

Will you choose to become a pioneer investor? Or will you choose to be manipulated by the later FOMO?
sr. member
Activity: 1316
Merit: 254
United Crowd
December 23, 2020, 07:10:58 PM
#37
this is one of the media to lead the opinion that buying bitcoin is enough with a few bitcoins, no need to spend a lot of dollars. This is one of the factors that makes the price of the BTC pump.
So for 2021 how many bitcoins?
I don't know anyone can predict  Huh. but towards the end of the year we know that usually people tend to sell their assets for the holidays.
legendary
Activity: 2226
Merit: 1086
duelbits.com
December 23, 2020, 05:57:21 PM
#36
The big dump of BTC price in 2018 really sometimes make us feel worried every time going to invest in BTC when the price is high. We can see how the value of BTC is increasing in some years only. But will it continue or back to the bottom again?

So let's hope that the next row not be

December 2021 - $4,265

Cheesy

Nah, I would like to see:

December 2021 - $44,265

It will be so funny if the BTC prices back to the bottom price again and meets $4,265 in 2021. So the graphic will be only up and down at a certain rate after 3-4 years and will be repeated like this. If this happens, maybe there will be no investor again when the price is high  Grin

let's hope for the new break of BTC, let's hope that BTC will be really changing this and next years to be higher and higher again.
member
Activity: 630
Merit: 10
December 23, 2020, 05:00:15 PM
#35
Elon musk is really not kidding, to be honest I said elon musk twitter was hit by a hacker attack,
but he is a real Bitcoin fan, Tesla accepts Bitcoin of course it gives something that must have for Bitcoin,
hold bitcoin for a long time!.
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