Tesla Bitcoin purchase - page 3. | Bitcointalksearch.org

Artemis3

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Quote from: Powerloader on February 11, 2021, 06:18:05 PM

Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

It doesn't happen that way. Because for it to be a single transaction, someone would have to be selling that exact amount of bitcoins in the first place.

If you go to an exchange and buy a large quantity, it will start with orders of the best price, it "eats them" and keeps eating others until it fulfills the buy. So in the exchange you will see a bunch or buys one after the other. BTW, this also means the price is moving...

Which is why "instant" pumps and dumps are not even possible.

If you somehow know the addresses belonging to Tesla, you might point out their buy, and they don't even need to use a single address or wallet for that matter, they might have a bunch of cold wallets like the large whales do.

In the silence

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Quote from: Powerloader on February 11, 2021, 06:18:05 PM

Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

I haven't see anything tx yet that tesla's CEO bought bitcoin worth $1.5Billion. Also, there are rumors that apple might buy bitcoin worth $15Billion. If there's any link of the transaction of that massive amount of bitcoin that has been bought, it's a pleasure to see one of the big controversy right now on crypto world. Also, binance's app malfunction can be one of the proof that it has been bought by the one of the wealthiest man on earth.

Lucas*

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A huge amount from Tesla make the difference in the price of bitcoin ! U know it's a crazy thing.. And now many big entreprise could invest in bitcoin, i'm waiting for Apple And Amazon to invest in it And booow the price Will be 100k dollars.

iTradeChips

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I know this might sound stupid, but I have to be honest, I do not know anything about this. If anyone can give me or us an answer to this question that has been bugging in my head since this happened. I also want to be sure that we can get honest to goodness answer to this. Since we are dealing with the so called Tesla purchase, I want to ask, how is it possible to buy billions of bitcoin in such a small amount of time. Is it a one time purchase meaning one transaction or is it a series of transactions and how will one be able to pull that off?

mk4

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Quote from: siopis on February 12, 2021, 03:56:42 AM

In my opinion there is something very fishy about the latest pump, looks more like a safe experiment and less like a real pump

safe because the market gap is going to be covered anyway by the real bitcoin price surge, but still an experiment since it happen on the safest time-period it could happen during the year 2021.

Of course I have no access on data supporting my suspicions but always pump during the exchange lowest transactions volume year point is fishy.....

When 2021 ends and you will be able to look all years exchanges volumes you will be also able to see that this was the safest point to launch a SAFE experiment involving fake pump

After all , all these rumors which created this pump have also no real proofs to provide....

Anyway, in my point of view looks like a safe experiment....

What do you mean lowest exchange transaction volumes? The biggest exchanges like Coinbase, Binance, Kraken, have been going down because of the huge surge of new users incoming. Take a look at Binance's trading volume itself: it's literally near all-time-high since the past few years.

https://coinpaprika.com/exchanges/binance/

Reid

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Quote from: TravelMug on February 11, 2021, 07:01:23 PM

Exactly, here is the official documents: https://www.sec.gov/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm

And I doubt that they will fake that document because it is being submitted to SEC itself, and it they did fake it and SEC find out, they will be penalised heavily so I would say that we have to take Tesla and Elon Musk word for it.

No doubt.
It's all legal.
My work before is grabbing information in sec.gov about annual and semi-annual portfolios of different mutual funds.
There is no faking that when it is submitted there.

He had the money and power to purchase so let's all leave it like that.
The only thing we should be looking forward to is if it will affect every individual to use Bitcoin as means of payment.

Kocret02

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whether it's true or not it looks like the transaction has helped bitcoin in its highest position, and made Tesla a free promotion in the world. so this is mutually beneficial for both parties. but for transaction problems it looks like this is a secret that is deliberately covered up

k@suy

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Quote from: Powerloader on February 11, 2021, 06:18:05 PM

Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

I cannot see that too but I am sure that he actually both bitcoin, he is also an investor. And you know the cryptocurrency is built using blockchain technology wherein it can be use in different forms and it is a great innovation in technology, Elon is a tech addict so I think he did not invest for profit only but he invested because of the technology behind that thing that he can use in his prototypes and many projects.

Innerpumper

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That must be very private because it concerns giant corporations. It's very difficult to find evidence of tesla's bitcoin purchase transactions and if it leaks it will be bad news for tesla and will definitely have an impact on bitcoin as well because if it were to sell its bitcoin assets it would shake up the price.

ethereumhunter

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Quote from: Powerloader on February 11, 2021, 06:18:05 PM

Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

You can search for yourself because I do not think that Tesla will easily give proof to the public. It is about their finances, and they only show it to the institutional or the government. But we already see what SEC said about Tesla investing, so that can be the proof from Tesla that they already invest in bitcoin. Tesla itself will secure their finances or investment from the hackers to be careful to tell about how much money they already invest in bitcoin.

Even if we check on the blockchain for the transaction hash, we can only guess without knowing which wallet that Tesla uses to store their bitcoin. So that will not be easy to search for the wallet address.

Jating

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Although it's very simply to buy bitcoin, but in the case of Tesla, it might not be the route that we are taking here average joes. They could have been investing that $1.5 b in portions, depending on how they wanted it to spread out.

And it could be OTC and it could be on reputable exchange such as Binance. And the proof is on the official documents they have sent to SEC about them purchasing or investing BTC. It doesn't need to be technical and show the blockchain that they actually did, it will just show on their official books that they have the $1.5 B investment on cryptos.

jjdub7

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Quote from: Powerloader on February 11, 2021, 06:18:05 PM

Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

Many sources say that according to an SEC statement, Tesla made the investment in BTC in January as part of their investment strategy for "alternative reserve assets".

In my opinion, this can be accepted as a strategic move, which significantly increased the shares of Tesla. They rose about 3%, roughly adding about $ 11 billion to market capitalization:

NeuroticFish

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Quote from: Powerloader on February 11, 2021, 06:18:05 PM

Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

1. Such purchases are made by others and later transferred to these companies, hence you will not actually notice it, especially by the price movements.
2. The document sent to SEC tells "we invested an aggregate $1.50 billion". That tells me that there were multiple investments, not a single big one.

siopis

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In my opinion there is something very fishy about the latest pump, looks more like a safe experiment and less like a real pump

safe because the market gap is going to be covered anyway by the real bitcoin price surge, but still an experiment since it happen on the safest time-period it could happen during the year 2021.

Of course I have no access on data supporting my suspicions but always pump during the exchange lowest transactions volume year point is fishy.....

When 2021 ends and you will be able to look all years exchanges volumes you will be also able to see that this was the safest point to launch a SAFE experiment involving fake pump

After all , all these rumors which created this pump have also no real proofs to provide....

Anyway, in my point of view looks like a safe experiment....

Lorence.xD

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Quote from: xcaret on February 11, 2021, 06:24:10 PM

Very good question. I'm always leary of anything unproven.. But I hope it's there .
Also something about Apple, and bout visa to getting interested in BTC . I'm retired and in my life I came to wait for the real hard facts .
Anyone can speculate ,but it's better to be sure !

If Tesla was lying about their 1.5 billion USD purchase, then how will you explain the surge of bitcoin prices right after Tesla announced their purchase? We have to take their word for it even if we are skeptic about it. Hopefully, the rumors about these companies getting interested in bitcoin is something that will come to fruition, I agree that it is better to be sure but this are just rumors after all, we just have to wait for their announcement, sometimes the real hard facts are not facts until they are confirmed.

TravelMug

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Quote from: AmoreJaz on February 11, 2021, 06:56:46 PM

Quote from: Jaycee99 on February 11, 2021, 06:51:41 PM

Well, he is a rich man getting to this question a kind of a person on to me like it's my account it's my decision if I want to share the transaction I made on the site or to the app I used to buy bitcoin.

Not a bad idea to ask for proof but still, is the news to know not proof? that he really bought a billion worth of bitcoin there is much news who spread the word on Elon Mush bough a billion worth of bitcoin.

I would also think about it that maybe someone called from that site he used to make the transaction Elon Mush if he wants to share

Quote from: Powerloader on February 11, 2021, 06:18:05 PM

Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

it was already stated that it was reported in SEC, so the SEC knows about their actual crypto assets. it is none of our business to know the details as it will not affect us, imho. as long as they publicly stated about this billion assets in crypto, it will create news in the community. and right now, it has good impact.
if they did OTC, i dont think we will ever find such transaction. it wont appear in the blockchain.

Exactly, here is the official documents: https://www.sec.gov/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm

And I doubt that they will fake that document because it is being submitted to SEC itself, and it they did fake it and SEC find out, they will be penalised heavily so I would say that we have to take Tesla and Elon Musk word for it.

And besides, I also think that they won't simply open an account to a trading exchange themselves. They have some broker in between to do the OTC trading on their behalf.

AmoreJaz

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Quote from: Jaycee99 on February 11, 2021, 06:51:41 PM

Well, he is a rich man getting to this question a kind of a person on to me like it's my account it's my decision if I want to share the transaction I made on the site or to the app I used to buy bitcoin.

Not a bad idea to ask for proof but still, is the news to know not proof? that he really bought a billion worth of bitcoin there is much news who spread the word on Elon Mush bough a billion worth of bitcoin.

I would also think about it that maybe someone called from that site he used to make the transaction Elon Mush if he wants to share

Quote from: Powerloader on February 11, 2021, 06:18:05 PM

Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

it was already stated that it was reported in SEC, so the SEC knows about their actual crypto assets. it is none of our business to know the details as it will not affect us, imho. as long as they publicly stated about this billion assets in crypto, it will create news in the community. and right now, it has good impact.
if they did OTC, i dont think we will ever find such transaction. it wont appear in the blockchain.

Jaycee99

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Well, he is a rich man getting to this question a kind, is a personal question. Like it's my account it's my decision if I want to share the transaction I made on the site or to the app that I used to buy.

Not a bad idea to ask for proof but still, we already saw the news. Is it not proof for you? that he really bought a billion worth of bitcoin there is so much news that spread the word on Elon Mush bought a billion worth of bitcoin.

I would also thought about it that maybe someone called from that site he used to make the transaction and called Elon Musk if he wants to share because personally for me, from a simple person like me and got rich or if I am a well know in the public I would not definitely show and spread the word of me buying a big amount of bitcoin if someone asks me if I could but it depends on the person.

Here is the thing I did and compare the technology today there is a chance if TESLA and Elon musk said what did they used to buy the transaction may be a lot of hackers would focus on the trading site or app they use and hack it, it's not impossible when you now know that you are one of the biggest holders of bitcoin.

Quote from: Powerloader on February 11, 2021, 06:18:05 PM

Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

xcaret

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Very good question. I'm always leary of anything unproven.. But I hope it's there .
Also something about Apple, and bout visa to getting interested in BTC . I'm retired and in my life I came to wait for the real hard facts .
Anyone can speculate ,but it's better to be sure !

Powerloader

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Has anybody actually seen the Tesla purchase on the blockchain to prove it actually happened?..would be interesting to see it if it was a single transaction?

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