TSLA

dfunkmedia

You don't have to agree. I don't care if you do, and neither does BTC. Luna liquidated 31,000 BTC ($930 million USD) without the price so much as flinching 1% from their sale, and even a billion USD was barely 5% of the daily volume. If Elon Musk sold his entire TSLA portfolio and bought BTC with the intention of tanking it later he couldn't even buy 10% of the current supply. If the largest active BTC wallet today drained their entire supply in 5 minutes prices would rebound in an hour. It's well past the point where someone could short ladder attack it, so that point is also moot and based on ignorance of the market.

iphonexmas

$TSLA stock dropped to $633/share, it’s lowest price since July, 2021.

EdwardMauer

Elon Musk stocks are the most volatile and speculative, in other words the most crypto-esque. It's a total straw man argument to only focus on TSLA and ARKK stocks and you know it. Look at the market as a whole. Clearly much less volatile. To your point, yes there's certainly a speculative element to stocks, like all assets. But it isn't all speculation, unlike crypto. There's actual sales and earnings underneath the hood. You can actually love on a house or grow food on a farm etc... these put a floor on the value. With crypto there is no fundqmental floor perse, other than speculation. Even if you want to argue stocks are overvalued (debatable) they're always at least worth SOMETHING because of earnings. Hold a broad index long enough and you'll eventually break even, and then profit, even if you bought right before a crash. And if stocks are overvalued that automatically means bitcoin isn't? It doesn't even have earnings so we can't even tell what its value is. Yes, holding some kind of non-producing currency has its place in most portoflios. But such should be significantly smaller than the producing portion. Personally I do 80% small cap value stocks hedged with call credit spreads against the SPY, and the other 20% in physical gold and silver.

uionyx

Well he has a short position on TSLA for starters. He talks a great deal about public health issues but he himself appears to be overweight and unhealthy. Melinda left him perhaps because of some Epstein association. He’s famous for having stolen the core concept of windows from business associates. Microsoft was found guilty of anti trust practices under his watch. He’s a smart accomplished person but clearly he makes big mistakes. Take his bullshit with a grain of salt.

Some_Pay_667

It is nice to find some good classic math here. Your work is excellent, and yes, your conclusions are correct. There is correlation and at the same time there is no correlation. I think that correlation exists in panic-times, whereas normal times, they are independent. I did a similar job, you can improve this. The NASDAQ index is weighted like this: AAPL 12.628    MSFT 10.371 AMZN 6.087 TSLA 4.081 That's 33.167% there! Supposing that the remaining stocks will move up/down cancelling each other, you can safely assume that based on 4 stocks movement you can improve your entry points, NASDAQ will follow them.. This is a long story. You can find more interesting fact plotting the same BTC/AAPL BTC/MSFT BTC/AMZN BTC/TSLA, and the most interesting data is the plot in the earnings release date of one of those big 4. ​ Hope to hear more of this!

Graham2405

Probably because TSLA trades on the NASDAQ. PMSL

Reginald_Rutabaga

I don't think you read what I wrote. Something which has gone up a shit load up to 2020 doesn't automatically make it a great SoV. It makes it something which went up a shit load in the past. It makes it a very good historical investment. TSLA stock has also gone up a heap. Doesn't automatically make it a good SoV. It is just something that rocketed in the past. But my overall point is that we need to consider its performance over the last 2 years since it has become more mainstream. I have no doubt it will keep going up and long term it will be OK. But what happened up until 2020 was a freak event and is very unlikely to happen again.

BrandonMatrick

He'll have to make 3 big public speeches about how he's going to plaster his canine, all smug with an aire of "aM SmArTeR tHeN U" for a few weeks. After dozens of insulting, childish comments attacking anyone questioning his innovation in jizz technology, he will awkwardly back out of the deal, citing only "Differences in species". Because obviously nobody could have foreseen the actuality of what he was talking up actually doing. His fan base of devoted Elondong fluffers will swarm to his bruised ego and throw their slave wages in to TSLA calls, and the cycle will repeat.

nerds-and-birds

Easy to get around the idea of it being a "dirty" NFT. Have a friend make the purchase, cycle it through a few wallets, etc. Besides, the IRS likely isn't tracking individual NFT and wallet activity that closely. Also, the $3k limit thing isn't an issue. Firstly, the amount of "loss" that goes above $3k can be carried over to subsequent years. But more importantly, it allows them to make big profits on other investments without needing to pay taxes on them. Or pay less in taxes. For example, someone sells TSLA after a pump for $200k. Normally, they'd pay somewhere around $65-70k in taxes. However, if they also have a $200k "loss" on the books, then their total capital gain is $0, so they pay $0 in taxes. If that loss is faked through something like selling an NFT to yourself, then boom, you just got $200k in pure profit without paying a cent in taxes. Pretty useful if you are a whale and are able to do this at scale.

jamesdpitley

see also: $TSLA

suninabox

>"Everybody else" for Saylor means gold, stocks and shit Then he's wrong. TSLA shares are up 383% in the last 2 years, Bitcoin is only up 286%

K9US

My balls hurt reading this. WTF were you thinking. $80 ---> $3 Buy the DIP! Put that money into TSLA or AMZN and you would be rich! in 2 years

K9US

Hey guys. I bought TSLA yesterday and today it's up $50 !!!! Buy stocks not coins

Difficult-Stick3596

There are 2 ways to do it in TV. TV allows you to do simple math in the ticker box, so by typing TSLA/BTCUSD in the ticker box you are dividing two market prices which are denominated in USD to derive the Tesla price in BTC. There is also a dropdown on the currency axis itself which allow you to select the currency, which you can select BTC from.

trilli0nn

When adding a ticker in TV, enter <ticker1>/<ticker2>, so literally “TSLA/BTCUSD”.

Nick98368

If your coins are doing poorly remember $TSLA is on sale. Maybe add a few shares till Crypto becomes more comfortable for you. What are ya gonna do, hold Dollars? LOL. Be nice.

ElvanKing

Doubt it, TWTR is tanking and TSLA is pumping just because Elon says the deal is on hold. Pretty sure he's finding another way to finance the TWTR deal because leveraging using his TSLA shares in this market condition is suicidal. But yea, i'm pretty darn sure nasdaq and s&p will be red today, we'll see.

ElucTheG33K

I tried Tradingview but I didn't find how to change the base currency, I guess it's only showing the market, so there is not real market for TSLA/BTC or NASDAQ/BTC. Unless I'm just not able to find the option.

K9US

I'm down $10 on my two shares of TSLA $728 bought at 733 But up 14 after houts :-)

Ten_Horn_Sign

Semi related to crypto: TSLA is now below the $750 margin call for Elon to leverage it and buy TWTR. Deal off?

DonteDivincenzo1

Just bought 50% stocks 50% crypto stocks going through at 2:30 today (TSLA, AMD, MSFT, SQ, AAPL) Crypto (BTC 80%, ETH 20%) Don’t be an idiot waiting for the bottom you’ll never get it right

Puedo_sentirlo2904

Going back to prepandemic monetary policy means going back to prepandemic valuations even for crypto. Scroll back on your charts to 2019 on your favorite meme stocks like TSLA look at the price (50-100). Add 12%. And that’s where we are headed. Same for BTC

nevyn

Being compared to TSLA isn't the compliment you seem to think it is.

siennasolo

Just checked my hard w. I'm down 30k. I guess I'm.kind of used to it though being invested in TSLA since 2015. I've seen my portfolio fall 20k in a few weeks.. But, this is hitting a bit different. I guess we will see. I'm HODLing what I have. And will probably DCA if it falls lower. Would love some words of encouragement from those that have weathered turns like this .

RedditH8sThrowaways

1. Idgaf. 2. No, neither MSTR nor TSLA will sell their Bitcoin at 30k. MSTR can hold below 3k, lol.

Mallardshead

Apple had multiple 90% drawdowns. The tweet should read: bitcoin is the fastest asset in history to achieve a $1T mkt cap—13 years. The next closest is TSLA—18 years.

CharityStreamTA

See. This is where your bias shows. Which metric, apart from gut instinct, shows that Tesla's value is within the realm of fairness? >TSLA is trading at a P/E of 113.81, a P/S of 15.38, and a 142.52x multiple on its FCF. The numbers are drastically inflated as TSLA has no business trading at a larger P/S multiple than AMZN, which trades at 11.31 P/S when it has grown its revenue by $341.76 billion over the previous 3.25 years compared to TSLA's $40.73 billion of revenue growth. TSLA has generated $6.93 billion in FCF over the TTM, while Mr. Market has placed a 142.52x multiple on TSLA due to $7.15 billion FCF growth over the past 3.25 years. FB trades at a 15.19x FCF multiple while growing FCF by $23.45 billion over this period which is more than 3x what TSLA has generated in the TTM. (From seeking alpha) >Yes, the tenant trashing the property is a risk, but generally if you buy in high class neighborhoods that's not a significant risk. Also picking something that happens in rare situations and saying that's a reason not to do something isn't a valid argument. By that logic we wouldn't drive because it risks loss of everything. We can get statistics for risk and make logical inferences based on those statistics. Obviously nothing is guaranteed, and if you want to use a reductionist argument to say everything with risk is speculation then you have removed all forms of meaning from the word because then I'm speculating I won't die every time I walk down the stairs. Provide stats on BTC going to zero then. If you're using statistical analysis feel free to share your data.

energetic-dad

I also started working in August 2009 as an engineer. Maxed out my 401k match, bought a bunch of TSLA, AMZN, and other tech stocks with my paycheck (my freakin' rent was $350, jesus). This is the only reason my retirement account is 6 figures and I own a home - if I hadn't been pouring money in at the lowest point, I am not sure I would have been able to make a down payment.

Puedo_sentirlo2904

That’s yesterday’s regurgitated argument. Return to prepandemic monetary policy means that they are going to take all that money out of circulation. That print was to help the economy deal with the pandemic. Did u think it would continue forever? Pick any dip shot day trader favorite stock like TSLA, open the chart and scroll back to 2019. That where we’re heading. BTW it was $50

EvaUnit343

I absolutely am putting my money where my mouth is. ~30% of my portfolio is in MSTR and MARA/RIOT short positions through a combination of pure shorts and put options. I think the crypto environment we are in is a direct consequence of easy money FED policy after the financial crisis. BTC has produced outsized gains (beating companies like AAPL and TSLA) over the past ten years, and those outsized gains have not reflected real productivity in literally anyway. Happy to be wrong. It’s not personal. We position ourselves the best way we see fit. This is how I see things playing out. Crypto may have future bull runs, but I don’t think we will ever see ATHs again. Similar to the dot com bubble.

MaximumStudent1839

>TSLA down 25% last 6 months The 52-wk low is 546.98 and the 52-wk high is 1243.49. Tesla has been 57% down from its ATH sometime this year. Right now, Tesla is down 30% from its January 2022 high. Roughly similar to what we are seeing right now with BTC. >BRKA up 10% last 6 months > >MSFT down 18% last 6 months > >AAPL up 4% last 6 months These aren't your pandemic stocks. They were on a steady growth path before the lockdown and Fed turned on QE. Pandemic stocks are the best comparison against BTC. They faced a similar catalyst to their rapid ascent in the last two years.

Electronic-Tonight16

You're extremely angry. I'll cherrypick some data too MSFT down 18% last 6 months TSLA down 25% last 6 months AAPL up 4% last 6 months BRKA up 10% last 6 months These are some of the largest companies by market cap. A better comparison to BTC

mickuchan

You're welcome. Puts on $TSLA

DystopianFigure

What you're missing here is that we're discussing retirement investing. You can't invest in TSLA or other risky stocks in your retirement plan. They are are always ETFs or other mutual funds so the risk is minimizesd.

Papazio

Even if she is correct on all points, they equally apply to many stocks too and you don’t see her writing to fund managers about them. In any case I think she’s wrong about the only potentially substantive point on BTC centralisation of mining. Maybe she had a point when over half of the hashrate was in China. How many companies will go bust in the next 30 years? What happened to TSLA or Twttr when Elon tweeted about them? How much stock do Blackrock own of certain stocks? Or Berkshire Hathaway for that matter.

ArtifexR

He quite literally said TSLA stock was too high at one point and it fell afterward, resulting in an SEC investigation.

SpaceToadD

Bitcoin will never go past $30,000 again, sadly. Those days are over. We'll trade between 35 - 65 for awhile and then I'll be saying in a year or two that bitcoin will never go past $60,000 again, sadly... and repeat until my $600k house is worth $3 million and basically everyone who didn't figure out how to buy real estate or bitcoin will be poor. It's sad, but this is what will happen in 10 years. There is nothing that will stop this from happening. Stocks will keep up but they pay dividends, in USD, so they don't be as soon as real estate and bitcoin (unless the stock owns either or both). Imagine when TSLA and SQ pay dividends in a few years... in bitcoin... Once people realize that their family is f\*cked due to inflation, bitcoin will start to rise and be out of control, because they didn't buy a house, bitcoin will be the only sound investment they can afford...

OrdinaryNPC56

For added context about the cash Telsa now has their last quarter profit was $3.318 billion and automotive gross margin 32.9% https://tesla-cdn.thron.com/static/IOSHZZ\_TSLA\_Q1\_2022\_Update\_G9MOZE.pdf?xseo=&response-content-disposition=inline%3Bfilename%3D%22TSLA-Q1-2022-Update.pdf%22

RocketMoonShot

You are confusing the Crypto market with the overall economy. Crypto markets may crash, but wall street, TSLA and AMZN will have minimal impact from a Crypto collapse.

cryptoripto123

He's profited tons off of AAPL though. Many people here love to shit on the guy but part of investing isn't being the most successful person in the room or even most successful based on charts you can look back at. It's simply having a strategy that has worked and makes you consistent and solid money. For all the "iamverysmart" posters here I'm genuinely curious--have you actually invested money over a long period of time? How has it turned out for you? Way too many people here want to simply get rich quick by Crypto, and without a doubt if you made the right moves, it was totally possible. But the same holds true for $GME, $TSLA, $AAPL, $MSFT, and any stock going years back. Not everyone can be that lucky. There's a reason Buffett won the challenge against hedge funds and it goes to show that long term investments in ETFs are super successful. It's not 2839442% growth, but hey, it works for everyone. I'm not saying don't invest in crypto, but if you aren't at least growing your 401ks and basic fiat investments and think crypto is your only hope then chances are you won't ever be rich.

DandyZeroTwitch

Isn't not letting your emotion effect your investments like the first thing people learn? That's like refusing to have stock in TSLA because you dislike Elon Musk. It literally doesn't matter. If it makes you money, it makes you money, simple as that. Money go up. You want money go up. Good, yes? Fuck sake people.

aeklund68

Sorry, but this really means nothing. Show me P&G or GEICO or Coca Cola owning BTC, then we're getting somewhere. These are all insider companies, including TSLA.

nicky_thermos_dick

Probably speculation that if after selling TSLA stock, if Elon decides against/Twitter deal falls through, he might put money into Doge. Or if he does buy it, people just hoping for a repeat from earlier this year

yldf

They're also overpriced, true. But (especially MSFT and AAPL) nowhere near what TSLA is. Here are the P/E of each of the companies and Alphabet plus GM and Ford as examples for car manufacturers at end of 2021 (source macrotrends.net): TSLA 215.67 MSFT 35.74 AAPL 29.36 AMZN 51.47 GOOG 25.78 GM 8.74 F 4.63 Even if you unjustifyably count TSLA among tech companies (it's not, it's a car manufacturer), their P/E is an order of magnitude too high. If you count it as what it is, a car manufacturer, it's almost two orders of magnitude... No, MSFT, AAPL, and AMZN are not nearly as hyped as TSLA...

yldf

I don't know what a flex is. I don't get the stock price of that thing, behaves completely irrationally, I won't touch a thing like that. I don't care if it goes up or down, I have no regrets not investing in TSLA. I rather invest in something I can at least somewhat understand instead of gambling in some hype stock which may or may not work out. It's entirely plausible TSLA will go up even higher than it is without reasonable explanation, it is also plausible it falls by 50% or more. I'm not touching that.

generateduser29128

TSLA needs to be disclosed, Bitcoin doesn't. He also has a ton more TSLA than BTC.

yldf

Hype is a major warning flag to me. It's the main reason I'm not invested in TSLA and - together with general incompetence in when to buy and sell - the reason ARKK failed. If there's lots of influencers or people in social media telling me to buy something I'm getting extra careful.

Llonga

Elon selling TSLA but not Bitcoin. Telling.

ianyboo

Oddball question but what would happen to the folks still using the app if RH went bankrupt. Like if my dad downloaded it last year and bought a TSLA share and then pretty much forgot about it until next year only to find the company is gone and the app doesn't work. Would he still have that TSLA share somehow or is it gone? (I'm just making up that scenario as a hypothetical)

fubar_giver

It might make up for the interest on those hefty leveraged loans, or the recent drop in TSLA, or the billions of debt already held by Twitter. Essentially the platform has to monetize everything and start charging addtional fees in order to become profitable. https://www.marketwatch.com/story/twitter-credit-faces-a-multiple-notch-downgrade-as-musks-buyout-leads-to-significant-spike-in-debt-11651000133

tradone

I dont see Elon Musk on the TSLA sub.

Jahshua159258

Imagine holding ATH of SPY TSLA APPL etc rn too. Down $1k daily every payday it seems. Ironic cuz I get $800 that day lmao 😰😰

kovamirani

1 dollar worth of TSLA from 6 months ago is worth around $0.60 too.

FreePrinciple270

>Front and center for most investors is the rising interest rate environment we’re now in. As the Federal Reserve battles higher inflation numbers, a much more hawkish tone has been taken on monetary policy. Accordingly, higher interest rates may be here to stay, at least for some time. Today, U.S. consumer confidence numbers also painted a rather gloomy picture for investors. Consumers appear to be feeling the effects of inflation, a bearish sign for the economy overall. Thus, this backdrop is one that’s overly negative for most stocks, particularly heavily weighted technology companies in the U.S. > >Dim analyst commentary on upcoming earnings from a number of tech giants have some investors concerned. Expectations for growth appear to be slowing, with analysts downgrading a number of stocks ahead of earnings. > >On top of all this, companies like Tesla (NASDAQ:TSLA) are fighting their own set of issues. Following the high-profile takeover of Twitter (NASDAQ:TWTR) by CEO Elon Musk, it appears investors are of the belief that Mr. Musk may have too much on his plate right now. https://www.msn.com/en-us/money/markets/why-are-stocks-down-today/ar-AAWCX6d

jwz9904

elon musk hogging all the headlines, meanwhile TSLA is 8% down.

brianobush

MSTR, TSLA for individual stocks

yldf

Diversification is almost always good. Not diversifying is gambling. I could never put all my money into just one thing, like those maniacs who put their entire life savings into TSLA, GME, Squid Game Tokens,... But you're right, the DD takes time.

ShowMeUrrGenitals

Scamming as in committing fraud is illegal, rug pulling isn’t scamming, it’s just selling your stake, which is legal. Elon could rug TSLA and Bezos could rug AMZN and it wouldn’t be illegal, they are allowed to sell their holdings.

Dronevids

TSLA long hold BTC long hold either is find with me

DaegenLok

But, honestly to his point, no one could have guessed how illogical $TSLA investors would remain irrational at the prices they've had. It would have made financial sense to invest in Tesla's stock prior to the S&P 500 entry. Since that December the multiples people are paying for the current price just for the potential growth, they've already priced in over 10yrs of actual growth and a 5-10 Trillion dollar market cap within 8yrs by any single model you run it on. Top that off with the amount of share dilutions QoQ and YoY for Tesla to get carte blanche 0% loans off their shareholders, it would make sense coming from a financial advisor. It's entered pure speculative investment territory at this point. I mean I wouldn't try to short it but, I think you don't really see just how disconnected the stock is from company. Hell, even Elon himself in 2 interviews that I've known has even said the stock was way over priced, laughed about it and was totally confused why people are buying it at the price it was. That was when it was like $600/share.

Mr_Kr4ken

Go buy $TSLA, RETARD.

xtree02

I'd suggest you Tesla. The value of TSLA is going down, and probably it's gonna dump soon. 35 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,103.00. (rn it's 1008)https://money.cnn.com/quote/forecast/forecast.html?symb=tsla Btw, I suggest you buying both of them if you've 25k (I'd suggest you 15K TSLA, 10K BTC and 5K in any other investment you prefer / save for you).

Giga79

You can't buy 0.000001 of a share though so that's a little different, stock splits are necessary. I couldn't afford to expose myself to TSLA right now if I wanted.

HiBoobear

Does TSLA announce they’re accepting payments again today?

cryptoripto123

You can go back in time and point this out not only for BTC/ETH but for major stocks too. Looking back, anyone could pinpoint the right picks and the right timeframes to buy/sell and be massively rich. But I really don't think this being right on a few lucky picks here or there means anything. For every good pick someone has, I could challenge you and ask why didn't you find something earlier. I think that's why Buffet's strategy of sticking to indexes is really the strongest. Yes you could get lucky, but the number of people who beat the market each year aren't that many, and then when you consider beating the market for decades by picking individual stocks or funds? Extremely rare. Too many people get excited here because there are people who struck it rich with BTC/ETH. But it's no different than the millionaires who got there through $GME or $TSLA or $AAPL. There's some who make big bets and get lucky, but for every one of those how many people come out losing money? How many make money but made less money than had they just stuck with a simple index fund?

Deez1putz

Diversification is definitely not all good in all markets. Think of it this way, you can own TSLA and Ford as your EV play and get decent returns or you can own 10 penny EV stocks that "if they did what Tesla did you will turn $10,000 into a BazILLIonN dOlLars."

Scary-Salt

doubtful. Elon Musk's net worth is literally >1000x that of Justin Sun. he could sell equity that makes up 0.1% of his net worth to get Justin Sun's entire net worth in cash. so it's likely he has at least a few hundred mil in cash. plus TSLA is arguably less susceptible to slippage due to its higher market cap

stevendub86

So I’ve interacted with Ghostbro before, I will never meet him in real life, but I don’t have to to know that he’s on the up and up. ALL investments are risky, some more than others. But here’s the difference- if I buy TSLA, I don’t have the ability to go after Elon Musk if I lose money, even though I know who he is and where he lives. Crypto guys like us are normal people- we can’t afford the same protection as the big guys, so we have to use anonymity to protect ourselves. That’s the price for playing at this level.

Oglark

I think TSLA stock may have been pretty close.

thefullmcnulty

That’s a single stock over a short duration. Compare TSLA to BTC over the life of the thing and the picture looks much different. Regardless of a few rare examples out of tens thousands that fell short, bitcoin is performing extremely well - even on the two year timeframe. Bitcoin is also a distributed / open-source / global / uncensorable / permission-less / freedom technology with more upside and more utility. Tesla stock is a claim on equity in a major company. I know which I’d prefer to own.

Awhodothey

Tesla's margin is about 10% of both their revenue and 10% of their current assets (most of which are illiquid). They made about $5B and had tens of billions of dollars of liabilities and obligations. One move by China could make Tesla lose billions of dollars per year, because the US is years away from being able to produce its own chip supply. It's entirely possible that something like that could happen. Not saying it will, but it's shockingly easy to imagine a realistic scenario where it could happen. https://www.wsj.com/market-data/quotes/TSLA/financials/annual/balance-sheet

wattumofficial

Yes since Tesla owns Bitcoin and TSLA is in S&P500

IndicaFruits

TSLA tanking because this guy’s ego wants to control more. It’s not a legit bid, his basis is before his shenanigans, it should be relative to yesterday’s close. He’s still hustling.

BlockchainBelievers

Microstrategy is never selling while Michael Saylor is there. He's on record saying that. And probably not selling after him either. Why sell the best performing asset on the planet that gives individual, self secured, property rights that can never be taken (when stored properly)? Telsa need to reach into BTC reserves?!? Common... TSLA has an endless supply of bonds and shares. They're not worried about their "small" amount of BTC holdings (for them anyway). TSLA selling their BTC is like you selling that salt shaker you have on your table. Not going to make a difference for them.

throwaway_clone

I wonder, if crypto lending services like Celsius, Nexo, Ledn, etc were to suddenly recall all the borrowed cryptos, how much would we see BTC spike. The market now feels like pre 2019 when TSLA was one of the most shorted stocks.

ArtifexR

Elon Musk literally tweeted TSLA stock was too high, it tanked, and all he got was a slap on the wrist 🤷‍♂️ Rules don’t apply to rich folk right now.

Create_HHNNGG

A broken clock is right twice a day.... In Cath's case, she's right once a millennium. Basically called one correct play, TSLA, and has been in the spotlight ever since and proven time and time again she doesn't know what the fuck she's doing. SARKK has made people a ton of money (inverse/short ARKK fund created solely due to Cathie's incompetency).

PlantainSuper-Nova

Super weird to show up here to shill SPY and $TSLA puts, but I’ll start looking at calls in the morning… just to sate some curiosity

rossiroro

I should have gone all in on TSLA at the end of Feb and I'd have been heavily in profit now rather than this shitshow

sickvisionz

I been on the internet since 1995. The internet has been this way since at least 1995 and I doubt that was a turning point or anything. People are crazy. > I don't see this in stocks, (except for GME, TSLA, or that kind of thing) *I don't see this in stocks as long as you don't count the stocks that I see this in.* > I feel like I've shut my ears off to decent discourse just as much as the chanters just because I don't want to be chanted at. This isn't a negative. Now your only options are self-enlightenment and the hunt for a like-minded community. Welcome to nirvana.

ArcadesOfAntiquity

>"Why would I spend my Bitcoin to buy stuff , when it can go much higher in value?" "Why would I spend my investment?" But people sell their investments all the time... your question makes no sense. "Why would I sell my TSLA stock and buy something else with it? TSLA stock can go much higher in price!" Your question sounds no different from this one. > what exactly are we expecting from a global adoption of Bitcoin? Apply the same formula to this question: "What exactly are we expecting from the global adoption of TSLA?" The question sounds nonsensical, I hope you'd agree. I think the problem you are running into is that you haven't spent enough time thinking about the question "What is money?" The interesting thing about "What is money" is that people typically can't really give a good answer. We know it makes things more convenient compared to barter. But what, really, is it? You can use terms like "medium of exchange" and "financial instrument" and "legal tender"... but in the end we find all these terms tend to make the question less clear rather than more clear. The bottom line is, **most people being ignorant about what money is, is a very profitable situation for some people**. Once this is accepted, we can say that the adoption of bitcoin means **making it much harder to profit from this ignorance.**

coinfeeds-bot

tldr; Robinhood's Chief Product Officer Aparna Chennapragada has revealed that Bitcoin is the most popular recurring purchase asset on the investment platform so far this year, ahead of Apple (NASDAQ: AAPL) and Tesla (NASCAR: TSLA). Bitcoin recorded more recurring purchases so far in 2022, than Apple, while Ether, the native token of the Ethereum network, was the third most popular. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Vexas_Media

I know yall aren't going to like this. I am concerned that this is simply a ploy to drive a pump and dump for a stock buyback for Wal-Mart and McDonald's. We saw this with TSLA. Has tesla opened crypto as a payment opportunity as promised? Crypto king won't even do it despite its various pros. The reason is the same reason backpage was shut down, same reason Craig's list is vanilla, and the same reason crypto just can't get a break. Because you can still buy a person with bitcoin.

grayjacanda

I expect Satoshi is dead and those coins will never move. But, supposing they're still accessible... A) why would someone do that? Do holders of TSLA stay awake at night worrying that Elon will wake up one morning and dump his holdings? Do people with gold think that maybe the Chinese government will suddenly dump all of their central bank holdings on to the market at once? B) While this would result in a short price crash (no doubt exacerbated by every leveraged long getting liquidated, BTC collateralized loans getting liquidated, etc.), the supply would only have expanded by around 5%. Once the dust settled and people confirmed that this was a one-time event, the price would be expected to eventually rise back to nearly its previous level. It might take a while if the actual liquid or circulating supply were a small fraction of the total BTC, but ultimately the total amount of BTC available would not have changed dramatically.