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Author Topic: Want to Buy a Tesla With Bitcoin? It Ain’t Easy  (Read 5615 times)

Offline Rafi

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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #60 on: April 25, 2021, 06:38:15 PM »
Crypto currency already more popular now, because many famous person have supported and invested in bitcoin.I saw a tweet from Tesla Elon Musk.Because he is giving the advantage of buying his car that anyone can easily buy his car through bitcoin.

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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #60 on: April 25, 2021, 06:38:15 PM »

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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #61 on: April 25, 2021, 07:20:38 PM »
Bitcoin is now spreading it's field in dimension and it's here a start. In the near future, we can buy more things with Bitcoin. So I think that while Tesla doesn't make things easy, it's not a problem either.Big companies like Tesla buy Bitcoin at a very high price and certainly at a very high price now, but in the next year Bitcoin price will definitely be expensive again and that is definitely felt.
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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #62 on: May 03, 2021, 12:42:49 AM »
I think Elon Musk, owner of the world famous car manufacturer Tesla, has contributed a lot to the change in Bitcoin.Because Bitcoin's market has changed a lot since he took over. Because he is currently investing heavily in the bitcoin platform. And I saw a tweet from him that day that if anyone wants to buy his car he can buy his cars via Bitcoin. It's a lot bigger than I think for Bitcoin.
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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #63 on: May 03, 2021, 09:15:02 PM »
The difficulty underscores how even in a roaring bull market, crypto still struggles to gain widespread acceptance as a payment method.
Tesla is not making it attractive to pay for a model S, 3, X or Y in BTC.

This week, CEO Elon Musk announced via Twitter (where else?) that his upstart automaker had begun letting interested buyers pay for their electric vehicles in bitcoin. It’s part of a corporate push to acquire as much of the original cryptocurrency as possible – or at least that’s how it seems – as the manufacturer has no plans to convert the cryptocurrency to fiat.
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Yes, I have read it. Elon musk announced you can buy Tesla with bitcoin. But US government don't agree with this. I think It will be problem if the government don't accept crypto currency for payment methods. Maybe at the coming year, It will happen.
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Offline Pluto25

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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #64 on: May 03, 2021, 10:31:08 PM »
Elon musk's tesla car already exchanged by bitcoin which already made bitcoin more acceptance and popularity. Most of the car company already decided to allow bitcoin as their business systems. But our country don't allow cryptocurrencies as buying products and services.

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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #65 on: May 06, 2021, 11:31:11 AM »
It should come as no surprise that the US government makes it difficult to buy Tesla cars with Bitcoin, the government would stop receiving money in taxes, so maybe they should create new taxes. But it is not really a problem either, people can buy cars (of all brands) with Bitcoin and many other cryptocurrencies on many Internet sites, there is no complication.
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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #66 on: May 09, 2021, 08:46:37 AM »
Bitcoin is now really liked by Elon Musk because indeed he really loves DOGE coins, every tweet on social media always provides writing or pictures about DOGE.
It seems that Elon Musk is very impressed with DOGE and Bitcoin, the proof is that his TESLA car company accepts payments using Bitcoin when someone buys a TELSA car.
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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #66 on: May 09, 2021, 08:46:37 AM »



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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #68 on: May 09, 2021, 05:44:49 PM »
I believe that everyone should draw conclusions from this statement, because it would be stupid if Tesla starts converting Bitcoin into fiat funds, as well as the stupidity of cryptocurrency users who will spend Bitcoin at the present time to buy a car. The fact is that Bitcoin has much more value than it is today, and everyone who spends it today will lose a lot.

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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #69 on: May 09, 2021, 08:10:03 PM »
Many people are currently buying Bitcoin from Tesla Elon Musk. But I think buying Bitcoin from Tesla is not an easy task. Anyone can buy Bitcoin from Tesla if they want to. There are a few steps to go to buy Bitcoin from here. As this brother discussed through this post. I thank you on behalf of everyone for making such a beautiful informative post.For those who are interested in buying Bitcoin from Tesla but do not know how to buy it, I think they will definitely benefit if they read your post.
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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #70 on: May 09, 2021, 10:26:56 PM »
Elon Musk is a smart person and has many ways to make what he manages to get a big profit.  Elon Musk also invests heavily in BTC, Maybe with the announcement Elon Musk wants big investors to enter this investment. Thus, it will indirectly increase the price of BTC, and will also increase the productivity of the Tesla car company.  But I believe buying Tesla with BTC will remain difficult, because the price of BTC is constantly changing, there will definitely be many changes in the calculation later here.

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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #71 on: May 10, 2021, 12:00:21 PM »
Elon Musk is a smart person and has many ways to make what he manages to get a big profit.  Elon Musk also invests heavily in BTC, Maybe with the announcement Elon Musk wants big investors to enter this investment. Thus, it will indirectly increase the price of BTC, and will also increase the productivity of the Tesla car company.  But I believe buying Tesla with BTC will remain difficult, because the price of BTC is constantly changing, there will definitely be many changes in the calculation later here.

As far as I know, the one who has invested in Bitcoin has been Tesla, not Elon Musk, unless he did so later in a personal capacity. And yes, Elon Musk is a smart guy, nobody can doubt it, but no matter how smart he is, he will have to comply with the laws like all companies in the United States, and bureaucracy will come into play at that time.
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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #72 on: May 13, 2021, 08:20:10 AM »
The difficulty underscores how even in a roaring bull market, crypto still struggles to gain widespread acceptance as a payment method.
Tesla is not making it attractive to pay for a model S, 3, X or Y in BTC.

This week, CEO Elon Musk announced via Twitter (where else?) that his upstart automaker had begun letting interested buyers pay for their electric vehicles in bitcoin. It’s part of a corporate push to acquire as much of the original cryptocurrency as possible – or at least that’s how it seems – as the manufacturer has no plans to convert the cryptocurrency to fiat.
More



Yes, I have read it. Elon musk announced you can buy Tesla with bitcoin. But US government don't agree with this. I think It will be problem if the government don't accept crypto currency for payment methods. Maybe at the coming year, It will happen.
Many news channels are now reporting that Tesla has refused to accept Bitcoin as payment for its electric vehicles. Here, the reason can be both the attitude of the US government and its tax authorities to the process of settlements with bitcoins, and doubts about the further price growth of bitcoin itself.
We see that further Bitcoin price growth has slowed down, while ethereum and other promising altcoins are growing very quickly. At the same time, the dominance of bitcoin has already dropped to 41.5 percent. After some time we will be able to assess these events, now we can only observe them.

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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #73 on: May 13, 2021, 08:50:28 AM »
The other reason might be, that people are not interested to buy Tesla exactly with Bitcoin and prefer to hold, probably.

We all know that after the car leaved manufacturer gates, it instantly receives a "used" status and looses 10-20% of its value. Imagine you buy 1 tesla for 1 Bitcoin that cost, for example $60. The next day Bitcoin price goes up and already cost $62k, but you have an asset that cost $60k-10%=$54k only. That is a huge loss. That is I think buying Tesla with Bitcoin was not a popular choice of payment.
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Offline nicecrypto

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Re: Want to Buy a Tesla With Bitcoin? It Ain’t Easy
« Reply #74 on: May 14, 2021, 08:26:41 AM »
Well, I guess with Elon's recent tweet about Bitcoin, there is no buying of a Tesla with Bitcoin even if some wanted to. Why would anyone even want to buy a Tesla with Bitcoin?
The other reason might be, that people are not interested to buy Tesla exactly with Bitcoin and prefer to hold, probably.

We all know that after the car leaved manufacturer gates, it instantly receives a "used" status and looses 10-20% of its value. Imagine you buy 1 tesla for 1 Bitcoin that cost, for example $60. The next day Bitcoin price goes up and already cost $62k, but you have an asset that cost $60k-10%=$54k only. That is a huge loss. That is I think buying Tesla with Bitcoin was not a popular choice of payment.

As you mentioned, it wouldn't make any sense to lose profits on something that will lose value immediately you buy it, and now that he has even worsened the case with his new tweet about not accepting bitcoin, then no need for further discussion.

 

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