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Topic: Tesla Bitcoin purchase (Read 643 times)

sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 25, 2021, 02:47:02 AM
#60
Actually the big news that has been reported is already a big proof that the Tesla really buys bitcoin on the blockchain and if you are really curious on how they buy it or on how transaction they buy it then probably it would be really good if Elon Musk will share on how they do it, if they do it by single transaction or multi transaction. I am pretty sure that it will be a entertaining topic if they share us on how they do it and I believe that many people are also interested on this.
maybe what you say is something that can make learning for us how a very large company like Tesla buys bitcoin, because obviously with a large value it will certainly involve a lot of institutions and is something that doesn't make sense to do in one transaction because it can't possibly happen. . but it is something very interesting too if it can be known.

but because this is a corporate institution, clearly requires policies from others and cannot be monopolized by @elonmusk, maybe this is what no one can and cannot possibly do to find out. policy is to be done together, so don't expect the word to get out.
sr. member
Activity: 1666
Merit: 426
March 24, 2021, 10:40:56 AM
#59
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?

Actually the big news that has been reported is already a big proof that the Tesla really buys bitcoin on the blockchain and if you are really curious on how they buy it or on how transaction they buy it then probably it would be really good if Elon Musk will share on how they do it, if they do it by single transaction or multi transaction. I am pretty sure that it will be a entertaining topic if they share us on how they do it and I believe that many people are also interested on this.
full member
Activity: 936
Merit: 100
March 24, 2021, 08:32:58 AM
#58
I don't think it will be published even if Tesla buys a large number of bitcoins, but I think it will be difficult to investigate if Elon Musk or the Tesla team doesn't publish. because there is no owner name, so it's hard to find it
sr. member
Activity: 1162
Merit: 253
March 22, 2021, 12:57:31 PM
#57
I also wonder if anyone has tried to buy Tesla using btc, will people be sorry like the case of people buying domino pizza using bitcoin hahaha
sr. member
Activity: 1988
Merit: 453
March 22, 2021, 08:05:08 AM
#56
Yes, this information appeared due to the fact that Tesla is a public organization and submitted its reports to the SEC. I recently read information that in fact Elon Musk owns a much larger amount of bitcoins, namely, about five billion dollars. A significant part of them is on the balance sheet of SpaceX, but this company is not public and does not submit its reports to the SEC. Elon Musk also has bitcoins in private ownership. So the information about Tesla's purchase of bitcoins in the amount of one and a half billion dollars can be trusted.

These are just wild rumors. In case SpaceX want to purchase Bitcoins worth $5 billion, then they should have cash reserves worth at least that much. And as far as I know, the Space X reserves are around 1/10th of that amount. And even if they have that sort of cash reserves, I don't think that they will take the risk of investing all of that in a highly volatile asset such as Bitcoin. For comparison, Tesla invested less than 10% of its reserves in BTC.
sr. member
Activity: 2352
Merit: 245
March 22, 2021, 12:09:59 AM
#55
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

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.
Yes, this information appeared due to the fact that Tesla is a public organization and submitted its reports to the SEC. I recently read information that in fact Elon Musk owns a much larger amount of bitcoins, namely, about five billion dollars. A significant part of them is on the balance sheet of SpaceX, but this company is not public and does not submit its reports to the SEC. Elon Musk also has bitcoins in private ownership. So the information about Tesla's purchase of bitcoins in the amount of one and a half billion dollars can be trusted.
full member
Activity: 1750
Merit: 118
March 02, 2021, 01:35:30 AM
#54
the one that billion dollars  ? the money is too huge and i dont think it can fit in a one single transaction only but they may did it in several parts but in regards to verifying if it really came from the tesla itself i think that was possible if ever they made the transaction for public and not hidden or they havent used thier real infos and for the public to believe them they can also post the reciept of the transaction that they have done  . i believe on tesla because i also witness that the price of btc skyrockets the moment i read it in the news  .
jr. member
Activity: 79
Merit: 1
March 02, 2021, 12:55:54 AM
#53
Tesla also said it will start accepting payments in bitcoin in exchange for its products “subject to applicable laws and initially on a limited basis.” That would make Tesla the first major automaker to do so. The $1.5 billion worth of bitcoin will give Tesla liquidity in the cryptocurrency once it starts accepting it for payments
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
March 02, 2021, 12:01:06 AM
#52
Even though its just news that Tesla bought a large amount of Bitcoin, their stock value is still dropping and they are trying to link it with the purchase of Bitcoin. Nobody knows for sure why Tesla bought Bitcoin but its Elon's decision and if he wants to advance his company with the use of Cryptocurrencies, he can do it. Its also a big move for Tesla because other car companies are trying to follow with integrating their systems with the use of Bitcoin and other Cryptocurrencies. This just means that what he did affected the lots of industries and its great for Cryptocurrencies because they are having that credibility that they needed to boast publicly.

I checked the TSLA stock price and it looks stable to me. Ever since January 2020, the prices have risen by almost 800% (more than that of Bitcoin). And I don't think that they can link any potential downside with Bitcoin purchase (I haven't heard any such statement from their officials). Because the Bitcoin purchase was hugely beneficial for TSLA. They purchased BTC worth $1.5 billion two months back and now they are having an unrealized profit of $900 million. This should actually pump their stock, not cause a decline.
copper member
Activity: 238
Merit: 1
Buy Bitcoin in Dubai | Buy Bitcoin in Istanbul
March 01, 2021, 08:35:37 AM
#51
Tesla and its founder Musk are keen on the latest technology, and this reputation has long since spread. The latest decision to invest in Bitcoin is a very smart move: it can prompt people who already admired Musk to buy Tesla electric cars; at the same time, Bitcoin fans can once again come to the spotlight. . Musk may think that now is a good time to turn the goodwill of fans into capital. Accepting Bitcoin payments will further enhance Tesla's image as a future company, and will attract some people who think they are farsighted to come to buy cars: they will be very happy because they use the future currency to buy future cars.
They will going to use this opportunity in their company, being ahead among their competitors is the best thing to do. They will use blockchain technology in their state of art cars, they can also use bitcoin as one of the mode of payment  to buy Tesla Cars there's an inifnite opportunity for buying bitcoin x they can also have partnership from some cryptocurrency company in the future given that these c4ypto based company are more profitable than our traditional nowadays.

Tesla Motors additionally announced that it will also start accepting Bitcoin (BTC) as a payment method: “begin accepting bitcoin as a form of payment for our products in the near future.”
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
March 01, 2021, 05:43:30 AM
#50
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?


Even though its just news that Tesla bought a large amount of Bitcoin, their stock value is still dropping and they are trying to link it with the purchase of Bitcoin. Nobody knows for sure why Tesla bought Bitcoin but its Elon's decision and if he wants to advance his company with the use of Cryptocurrencies, he can do it. Its also a big move for Tesla because other car companies are trying to follow with integrating their systems with the use of Bitcoin and other Cryptocurrencies. This just means that what he did affected the lots of industries and its great for Cryptocurrencies because they are having that credibility that they needed to boast publicly.
hero member
Activity: 1498
Merit: 586
March 01, 2021, 04:02:53 AM
#49
Tesla and its founder Musk are keen on the latest technology, and this reputation has long since spread. The latest decision to invest in Bitcoin is a very smart move: it can prompt people who already admired Musk to buy Tesla electric cars; at the same time, Bitcoin fans can once again come to the spotlight. . Musk may think that now is a good time to turn the goodwill of fans into capital. Accepting Bitcoin payments will further enhance Tesla's image as a future company, and will attract some people who think they are farsighted to come to buy cars: they will be very happy because they use the future currency to buy future cars.
They will going to use this opportunity in their company, being ahead among their competitors is the best thing to do. They will use blockchain technology in their state of art cars, they can also use bitcoin as one of the mode of payment  to buy Tesla Cars there's an inifnite opportunity for buying bitcoin x they can also have partnership from some cryptocurrency company in the future given that these c4ypto based company are more profitable than our traditional nowadays.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
March 01, 2021, 12:14:26 AM
#48
Actually I have thought of this question and have answered it myself. Elon Musk is a smart guy. He knows if he shills bitcoin, the price is going to pump. So he started with Dogecoin, and many investors dumped bitcoin for doge and he started filling his bags

I don't think that the drop in Bitcoin prices have anything to do with Dogecoin. For starters, Bitcoin is having market cap of close to $1 trillion, while the same for Dogecoin is just $6 billion. During the last 10 days or so, there was a drop of $200 billion in the market cap of Bitcoin. So according to your theory, there should be a similar rise in Dogecoin market cap. But that never happened and actually the DOGE market cap decreased by 40%.

agree i think is third correction before going to moon and nothing do with elon musk but he is smart to make people FOMO  Grin
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
February 28, 2021, 11:55:19 PM
#47
Actually I have thought of this question and have answered it myself. Elon Musk is a smart guy. He knows if he shills bitcoin, the price is going to pump. So he started with Dogecoin, and many investors dumped bitcoin for doge and he started filling his bags

I don't think that the drop in Bitcoin prices have anything to do with Dogecoin. For starters, Bitcoin is having market cap of close to $1 trillion, while the same for Dogecoin is just $6 billion. During the last 10 days or so, there was a drop of $200 billion in the market cap of Bitcoin. So according to your theory, there should be a similar rise in Dogecoin market cap. But that never happened and actually the DOGE market cap decreased by 40%.
legendary
Activity: 2282
Merit: 1023
February 28, 2021, 05:26:51 PM
#46
not all transactions must be informed by the buyer, especially buying at a large price will certainly involve several brokers for the purchase.
for a large company to lie clearly would have an impact on credibility. Stocks on the market will go down because you don't believe it will cause the value of the stock to decline, but you see for yourself Tesla stocks are still the best.
The rally in bitcoin was more than enough evidence that there were huge investments coming into the market and Tesla happened to be one of the companies that invested heavily in the bull run and it is hard to lie about these transactions as you said it involves multiple entities and you cannot hide them from view of the public as well and so is the reason those investment details are public information.
hero member
Activity: 1498
Merit: 586
February 28, 2021, 05:09:51 PM
#45
Now am thinking,  how can Tesla invested such huge amount on btc few days ago and the market is this bearish? Where is the $1.5 bn or this amount is too insignificant to make an impact! And the news did not just end with Tesla, there were other similar news within that period Tesla was announced,
Anyways, am bullish so I believe those moneys will still have a huge impact in near future.
So you mean you are blaming Tesla and others for this bear market? Well mate not because they bought a huge number of bitcoin they will eaisly make the market bearish. Bitcoin dumping or corrections is normal and it could happen regularly when overbought might happen after that expect the price of the coin will bounce it will have a gain. There's no new Tesla and other will continue to invest or hodl their bitcoin and maybe during this period they will accumulate more. Also fyi Tesla bought weeks ago and it cause pump instead of dump.
newbie
Activity: 67
Merit: 0
February 28, 2021, 03:30:08 PM
#44
Now am thinking,  how can Tesla invested such huge amount on btc few days ago and the market is this bearish? Where is the $1.5 bn or this amount is too insignificant to make an impact! And the news did not just end with Tesla, there were other similar news within that period Tesla was announced,
Anyways, am bullish so I believe those moneys will still have a huge impact in near future.

They have bought a few weeks ago, not a few days ago.
sr. member
Activity: 910
Merit: 253
Hodlers Network
February 28, 2021, 11:51:19 AM
#43
I think not an awful thought to inquire for confirmation but still,that he truly bought a billion worth of bitcoin there's so much news that spread the word on Elon Mush bought a billion worth of bitcoin. I would too thought of it that perhaps someone called from that location he utilized to create the exchange and called Elon Musk in case he needs to share since by and by for me, from a straightforward individual like me and got wealthy or in case I am a well know within the open I would not certainly appear and spread the word of me buying a huge sum of bitcoin on the off chance that somebody inquires me on the off chance that I might but it varies to a decision making.
jr. member
Activity: 644
Merit: 1
https://blockmembers.io/
February 26, 2021, 01:19:30 PM
#42
Given out the transaction hash is his sole decision. I will also like to see the transaction of it. Elon Musk is a digital man and a business man that is always gunning for profit. I think, he bought but no one knows when he bought it and what price.
sr. member
Activity: 882
Merit: 269
February 26, 2021, 07:28:40 AM
#41
Tesla as a well known person with and identity can not come out and lie about the purchase of bitcoin and as a big man he may not have to publicly display his block transaction to prof a point him posting it on his Twitter handle is enough evidence.
Indeed, what is the purpose of lying? there's no reason to lie it cannot add money to him. And of course every person has the right to buy bitcoin without saying or proving to everybody that he bought a bunch of bitcoin it is confidential especially the amount is too big enough it should be in secret and safe security. Elon is a businessman he has money he can afford buying different coins without telling it to each and everyone.
full member
Activity: 1708
Merit: 105
February 26, 2021, 03:49:52 AM
#40
Tesla as a well known person with and identity can not come out and lie about the purchase of bitcoin and as a big man he may not have to publicly display his block transaction to prof a point him posting it on his Twitter handle is enough evidence.
not all transactions must be informed by the buyer, especially buying at a large price will certainly involve several brokers for the purchase.
for a large company to lie clearly would have an impact on credibility. Stocks on the market will go down because you don't believe it will cause the value of the stock to decline, but you see for yourself Tesla stocks are still the best.
legendary
Activity: 2310
Merit: 1848
February 23, 2021, 05:25:03 PM
#39
Tesla was in a hurry, I hope you understand this. Although the price has increased, but for how long?

Elon could have equipped Starman with a BTC and sent him on his way to Mars. Crazy idea, but a tesla in space is also crazy.


SpaceX engineers and Elon Musk wrote space history when the Falcon Heavy went into space. The Falcon Heavy is the most powerful rocket since Saturn V, which belonged to astronauts on the moon almost 50 years ago. The red Tesla of the eccentric multibillionaire Musk, a luxury vehicle costing 100,000 US dollars, feels on board the super rocket. Six hours after the start of the car and its passenger - an empty SpaceX astronaut suit named "Starman" - course to Mars.

Live Views of Starman
https://youtu.be/aBr2kKAHN6M

Where is Starman going to be in the future?
https://www.whereisroadster.com/charts/

DON‘T PANIC!....BTC in Space  Wink
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
February 23, 2021, 08:32:58 AM
#38
I haven't checked and I don't need to check the transaction on the ledger. First of all I don't base my decisions on what Elon Musk is doing and second of all I trust that if something gets published on SEC website is likely to reflect the truth.

Quote
TSLA stock is not doing very well right now. Yesterday, the prices crashed by almost 9%, although I don't think that it had anything to do with Bitcoin. Ever since the start of 2021, the stock has lost almost 20% of its value. And even at current levels, the P/E ratio looks hyperinflated (>1,000). My biggest worry is that if this hyperinflated stock crashes at some point in the near future, then critics may use it as a weapon to attack Bitcoin.

I do believe Tesla is overvalued as well. Trading at 1,000x P/E is not sustainable and not healthy. I wouldn't touch TSLA now. If I want exposure to Bitcoin I can get it myself. Wink
sr. member
Activity: 1988
Merit: 453
February 23, 2021, 08:28:14 AM
#37
TSLA stock is not doing very well right now. Yesterday, the prices crashed by almost 9%, although I don't think that it had anything to do with Bitcoin. Ever since the start of 2021, the stock has lost almost 20% of its value. And even at current levels, the P/E ratio looks hyperinflated (>1,000). My biggest worry is that if this hyperinflated stock crashes at some point in the near future, then critics may use it as a weapon to attack Bitcoin.
member
Activity: 714
Merit: 11
BountyMarketCap
February 23, 2021, 08:18:56 AM
#36
how come, when on the blockchain we can't see the name. isn't it by looking at the wallet he has, it proves that he has a lot of bitcoins? whether it's buying or from whatever it is.
full member
Activity: 588
Merit: 101
February 23, 2021, 08:11:11 AM
#35
i never seen some one using bitcoin to purchase tesla, not just tesla some web store or market place accept bitcoin as payment, the last one year bitcoin is getting more and more popular because its price has jumped to more than 50,000 $, who doesn't want to accept bitcoin
 
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
February 23, 2021, 06:44:13 AM
#34
Definitely this is all legit, I mean it is Elon's reputation is at stake if the news turns out to be false and he got caught. Why would he lie in the first place if he did not invest in those coins? So it is really all legal and there is nothing for you to worry (if you are even worried at all - hence this post). For the decision, I do not know about that but it might be a business decision or maybe he might be building a crypto company and will be using these coins for his future projects.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 23, 2021, 03:04:59 AM
#33
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.
Ok, thank you for the information that is very encouraging because it is such a reality and we should support it so that everything can run smoothly with the existence of bitcoin which is increasing every day. which indicates that all of that is clearly real and in the end many have come to buy too so that the bitcoin market is increasing sharply.

we cannot underestimate the role that the company it carries is also one that is clearly capable of making such many transactions. So there is no doubt what it is doing, the market also sees this information as a positive thing that keeps bitcoin moving up, which affects many others who want to participate to enjoy the increase too.
hero member
Activity: 1426
Merit: 506
February 19, 2021, 01:11:41 PM
#32
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 have not seen anyone dissecting the investment from Tesla but the news came out from the SEC documents and it was published in some of the articles and i do not think anyone knowing their wallets and transaction ID, in the future we might see someone searching those and identifying them. But one thing is sure, the events are true as the documents came out are from what they produced to SEC.
jr. member
Activity: 154
Merit: 1
February 19, 2021, 08:36:51 AM
#31
I came up with the idea of bringing together Nvidia and Tesla to integrate the most powerful video cards into the cars. Legal mining on wheels all over the world.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 19, 2021, 08:05:07 AM
#30
I have no information about this question.  The amount of bitcoin tesla receives is huge.  this shows his faith in bitcoin.  It is more important to me than buying one at a time.  No matter how he bought it, the important thing was that he made a purchase.  Elon Musk will advance bitcoin like a dynamo in the coming years.
sometimes people still question how @elonmusk buy bitcoin so much and through what mechanism they can, some even want to know the transaction. even though it is not something that is very important because what you can see is the impact that is happening now on bitcoin due to what he has done.
obviously not only @elonmusk are buying, but big brokers and companies are also looking for the opportunities that are most sought after.

I agree with your opinion that the impact of @elonmusk can advance bitcoin because at this point Bitcoin has made an extraordinary surprise, 4 days in a row doing ATH, since the 16th, 17th, 18th and now. will continue !!! yeah ... clear and we'll wait for that.
newbie
Activity: 24
Merit: 0
February 19, 2021, 07:49:18 AM
#29
I don't need proof that Tesla bought Bitcoin or not, because the most important thing for me was that the news spread that Tesla was buying Bitcoin
make Bitcoin pump. So I'm not really curious about the Bitcoin purchase transactions made by Tesla. But I believe Tesla is actually buying Bitcoin,
because it can't be by chance that the Bitcoin price will suddenly go up. It would take a large amount of Bitcoin to be purchased which could make
the Bitcoin price go up this far. After all, Elon Musk has confirmed this, so there's no need to doubt that Tesla actually bought Bitcoin.
Only the info could cause the price pump, bitcoin doesn't need Tesla money only the advertisement was more than enough.....
sr. member
Activity: 1876
Merit: 318
February 16, 2021, 06:20:21 AM
#28
I don't need proof that Tesla bought Bitcoin or not, because the most important thing for me was that the news spread that Tesla was buying Bitcoin
make Bitcoin pump. So I'm not really curious about the Bitcoin purchase transactions made by Tesla. But I believe Tesla is actually buying Bitcoin,
because it can't be by chance that the Bitcoin price will suddenly go up. It would take a large amount of Bitcoin to be purchased which could make
the Bitcoin price go up this far. After all, Elon Musk has confirmed this, so there's no need to doubt that Tesla actually bought Bitcoin.
sr. member
Activity: 714
Merit: 335
February 16, 2021, 05:37:15 AM
#27
I have no information about this question.  The amount of bitcoin tesla receives is huge.  this shows his faith in bitcoin.  It is more important to me than buying one at a time.  No matter how he bought it, the important thing was that he made a purchase.  Elon Musk will advance bitcoin like a dynamo in the coming years.
full member
Activity: 1708
Merit: 105
February 16, 2021, 04:22:47 AM
#26

What has been informed to the public about the purchase is only news of sensation !!! whether it is possible to be done by a large company that has good credibility, I think it will not be possible.

I think it's too a priori what is being asked by the OP because there is already a clear institution that also provides information and it is impossible to do because the reputation it carries clearly requires legal action that is not normal has been done.

but also it will not be possible to buy directly, maybe separately because it takes a large amount to prepare so it takes a broker who does and maybe not a purchase in one transaction but several times and with trades that may also be different, also confidentiality needs to be taken into account for this kind of transaction.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
February 15, 2021, 10:54:47 AM
#25
Haven't been able to check it yet but the founder of Tesla have already release a statement confirming the purchase of Bitcoin which we can gradually state as a proof that actual purchase it true and it is existing. Also, the event have been covered in the news which I think can already be considered as a valid proof since the owner himself already have discussed it on public through news and his social media platforms and we already saw a big improvement happening in the crypto market that is somehow influenced by the news that have been released of Tesla purchasing a big amount of Bitcoin which is $1.5 billion that is pretty a huge and expensive amount to be bought by the owner himself.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
February 13, 2021, 10:40:33 AM
#24
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.

Bitcoin's price is a proof that Tesla really pumped bitcoin's price in the market by buying a huge amount of it.

$1.5billion USD amount of bitcoin is really something else and it takes a big company for that to be able to come into reality.

Tesla can do anything because it is a big company that allocates its money to help our technology develop and investing in cryptocurrency is not impossible for them.
member
Activity: 357
Merit: 10
February 13, 2021, 08:14:42 AM
#23
For now there is no transaction but founder of tesla planning accepting bitcoin as payment method and im sure it is gonna be big impact in cryptocurrencies as if this happened and far as i know the reason of pumping bitcoin aslo doge is Elon this is my only opinion he got the hype and also influencer.
newbie
Activity: 84
Merit: 0
February 13, 2021, 01:29:10 AM
#22
HI guys, i am curious here, we do not know the exact date when Tesla bought Bitcoin or do we?
8th of Feb is when i was aware of this in news but apparently their buy/ or multiple buys were done earlier based off assumption...

On the bitcoin chart 29th Jan 2021 there was a huge Green candle which maybe represents the buy or a piece of the buy? The candle represents a 12% move in the chart to the upside, and the value was 4510.31 but not entirely sure how it is read or measured.

Then

On the bitcoin chart 8th Feb 2021 there was a huge Green candle which maybe represents the buy or a piece of the buy? The candle represents a 10% move in the chart to the upside, and the value was 4271.30 but not entirely sure how it is read or measured.

So, interesting and was curious anybody here has more information and or what these candles may have represented if they were not part of the buy of the Musk flavor.

Thanks
legendary
Activity: 3080
Merit: 1353
February 12, 2021, 09:10:24 PM
#21
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.

Thanks, there you go, no faking of information and once you submitted, it becomes a public documents that anyone can see and grab.

And yes, I agree they have all the money to back up their claim as well so I guess there should be no debate as there are no motivation for Tesla and Elon to really create an elaborate hoax about their bitcoin investment.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
February 12, 2021, 12:03:15 PM
#20
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.
sr. member
Activity: 1297
Merit: 294
''Vincit qui se vincit''
February 12, 2021, 11:35:34 AM
#19
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.
hero member
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February 12, 2021, 10:28:59 AM
#18
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.
hero member
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February 12, 2021, 10:12:43 AM
#17
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
legendary
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Paldo.io 🤖
February 12, 2021, 10:06:46 AM
#16
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/
hero member
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February 12, 2021, 09:58:21 AM
#15
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.
sr. member
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February 12, 2021, 09:53:04 AM
#14
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
sr. member
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February 12, 2021, 09:18:47 AM
#13
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.
member
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February 12, 2021, 08:35:27 AM
#12
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.
hero member
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February 12, 2021, 07:17:49 AM
#11
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.
hero member
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February 12, 2021, 05:29:15 AM
#10
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.
hero member
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February 12, 2021, 05:15:54 AM
#9
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:

legendary
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February 12, 2021, 03:58:11 AM
#8
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.
newbie
Activity: 24
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February 12, 2021, 03:56:42 AM
#7
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....
sr. member
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February 12, 2021, 02:59:04 AM
#6
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.
hero member
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February 11, 2021, 07:01:23 PM
#5
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

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.
legendary
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February 11, 2021, 06:56:46 PM
#4
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

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.
sr. member
Activity: 1036
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February 11, 2021, 06:51:41 PM
#3
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.


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?

jr. member
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February 11, 2021, 06:24:10 PM
#2
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 !
newbie
Activity: 9
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February 11, 2021, 06:18:05 PM
#1
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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