yelims Posted March 24, 2021 Share Posted March 24, 2021 (edited) 17 minutes ago, Frugal Git said: It doesn’t matter anyway - would you seriously buy one with BTC rather than just getting rid of fiat? The symbolism of it is more important. Yes I seriously would, it’s good to have “****** you” bitcoin money I spent 4 Btc on pizza before, 4.5 on vpn, 0.2 on paying friend for cinema ticket, hundreds of Btc on Amazon vouchers over years, don’t know how much on Expedia when they used to accept for hotels 2 Btc out of stash would be a small fraction but would be a good story to tell my grandkids in my old age 😊 paying Tesla directly would have the advantage of not getting analy examined by banks who get twitchy at large incoming transfers or arriving at Tesla dealership with a money bag of cash which they won’t accept anyways (and definitely triggers a report to police/revenue) people forget the first sentence of satoshis white paper Edited March 24, 2021 by yelims Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted March 24, 2021 Share Posted March 24, 2021 6 minutes ago, yelims said: Yes I seriously would, it’s good to have “****** you” bitcoin money I spent 4 Btc on pizza before, 4.5 on vpn, 0.2 on paying friend for cinema ticket, hundreds of Btc on Amazon vouchers over years 2 Btc out of stash would be a small fraction but would be a good story to tell my grandkids in my old age 😊 paying Tesla directly would have the advantage of not getting analy examined by banks who get twitchy at large incoming transfers or arriving at Tesla dealership with a money bag of cash which they won’t accept anyways (and definitely triggers a report to police/revenue) I bought mine (the Tesla) with three medium sized bank transfers on the spot. Took two minutes. The only minor glitch was actually transferring some money between two of my accounts the night before, so I could consolidate enough cash into one account. They phoned me to check and I said ‘check the name, it’s my own account’ and that was that. If you are swimming in btc, fair enough 😁 but in my case, the fact that it would have taken me 2 btc to buy mine when I did, and five weeks later it would have cost 1.15, means I am very glad indeed to have bought it with crappy £. Quote Link to comment Share on other sites More sharing options...
yelims Posted March 24, 2021 Share Posted March 24, 2021 (edited) 17 minutes ago, Frugal Git said: I bought mine (the Tesla) with three medium sized bank transfers on the spot. Took two minutes. The only minor glitch was actually transferring some money between two of my accounts the night before, so I could consolidate enough cash into one account. They phoned me to check and I said ‘check the name, it’s my own account’ and that was that. If you are swimming in btc, fair enough 😁 but in my case, the fact that it would have taken me 2 btc to buy mine when I did, and five weeks later it would have cost 1.15, means I am very glad indeed to have bought it with crappy £. By 2022 who knows what bitcoin be worth could be half a million could be half a Potatoe 🤣 in meantime laying groundwork for electric car with charger being added to my home solar pv/battery setup today, I’ve 7series bmw until Tesla get their act together with regards to delivering cars and accepting bitcoin (or other car makers catch up) Edited March 24, 2021 by yelims Quote Link to comment Share on other sites More sharing options...
markyh Posted March 24, 2021 Share Posted March 24, 2021 34 minutes ago, Frugal Git said: It doesn’t matter anyway - would you seriously buy one with BTC rather than just getting rid of fiat? The symbolism of it is more important. In a bear market, yes!!! Great CGT evasion wheeze too. I wonder, do they fix the BTC amount at point of order? It is possible for BTC to rise or fall 40%ish in value between "payment" and delivery a month or two later. Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted March 24, 2021 Share Posted March 24, 2021 Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted March 24, 2021 Share Posted March 24, 2021 1 hour ago, Frugal Git said: Equally importantly, they have stated they will retain the bitcoin (and not convert it to fiat)👍👍👍 Fantastic news. 🤘 Quote Link to comment Share on other sites More sharing options...
ubuntu Posted March 24, 2021 Share Posted March 24, 2021 In a bear market? Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted March 24, 2021 Share Posted March 24, 2021 1 hour ago, yelims said: Nope, just went site and only pay with card option Quote Link to comment Share on other sites More sharing options...
yelims Posted March 24, 2021 Share Posted March 24, 2021 Just now, MonsieurCopperCrutch said: Fantastic news. 🤘 That’s the most interesting bit I thought they go with bitpay, best news out of this lot Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted March 24, 2021 Share Posted March 24, 2021 59 minutes ago, Frugal Git said: It doesn’t matter anyway - would you seriously buy one with BTC rather than just getting rid of fiat? The symbolism of it is more important. I would. Quote Link to comment Share on other sites More sharing options...
yelims Posted March 24, 2021 Share Posted March 24, 2021 1 minute ago, MonsieurCopperCrutch said: Excellent news not like one can get one here till 2022 anyways (was only 3 month lead time on order start of year, but increased now to 9-10) Quote Link to comment Share on other sites More sharing options...
markyh Posted March 24, 2021 Share Posted March 24, 2021 9 minutes ago, MonsieurCopperCrutch said: Looks like that tweet shot the BTC price up from $54k to $56k over a few hours this morning, nice. Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted March 24, 2021 Share Posted March 24, 2021 32 minutes ago, markyh said: Looks like that tweet shot the BTC price up from $54k to $56k over a few hours this morning, nice. Also more stimmy cheques are landing today https://www.cbsnews.com/news/stimulus-checks-march-24-irs-issuing-payments/ The IRS has an update for people who are eager to receive their third federal stimulus check: More payments will land on March 24. Quote Link to comment Share on other sites More sharing options...
ubuntu Posted March 24, 2021 Share Posted March 24, 2021 36 minutes ago, markyh said: Looks like that tweet shot the BTC price up from $54k to $56k over a few hours this morning, nice. that's not a good thing is it, could work both ways if he tweets something negative. Quote Link to comment Share on other sites More sharing options...
Confusion of VIs Posted March 24, 2021 Share Posted March 24, 2021 1 hour ago, markyh said: In a bear market, yes!!! Great CGT evasion wheeze too. I wonder, do they fix the BTC amount at point of order? It is possible for BTC to rise or fall 40%ish in value between "payment" and delivery a month or two later. It's a capital spend that needs to be declared like anything else. Not a wheeze just easy to spot tax evasion at a level the HMRC would pursue as a criminal case. Quote Link to comment Share on other sites More sharing options...
markyh Posted March 24, 2021 Share Posted March 24, 2021 8 minutes ago, Confusion of VIs said: It's a capital spend that needs to be declared like anything else. Not a wheeze just easy to spot tax evasion at a level the HMRC would pursue as a criminal case. How would they know? My kitchen fitter mate has bought all there cars for 15+ years with Income Tax and VAT evaded "cash", even cars up to £20kish. He must have spent £100k cash on cars over this time, all paid in cash. Tax man has never knocked on his door. Not correct, but easily doable with Bitcoin, there is no requirement for Tesla to report sales to HMRC. Quote Link to comment Share on other sites More sharing options...
Confusion of VIs Posted March 24, 2021 Share Posted March 24, 2021 11 minutes ago, markyh said: How would they know? My kitchen fitter mate has bought all there cars for 15+ years with Income Tax and VAT evaded "cash", even cars up to £20kish. He must have spent £100k cash on cars over this time, all paid in cash. Tax man has never knocked on his door. Not correct, but easily doable with Bitcoin, there is no requirement for Tesla to report sales to HMRC. There is under money laundering regs. Tesla is registered as a high value dealer and would inform HMRC of all payments of over 10,000Euro. Quote Link to comment Share on other sites More sharing options...
Data Dave Posted March 24, 2021 Share Posted March 24, 2021 Im new, is this just BTC chat or can we talk Alts too? Separate thread maybe.... I need someones opinion on IOTA [MIOTA] and BAT, ive suddenly got a bit flappy despite being a long term investor. Or trying to be!! Cheers Dave Quote Link to comment Share on other sites More sharing options...
btd1981 Posted March 24, 2021 Share Posted March 24, 2021 31 minutes ago, Data Dave said: Im new, is this just BTC chat or can we talk Alts too? Separate thread maybe.... I need someones opinion on IOTA [MIOTA] and BAT, ive suddenly got a bit flappy despite being a long term investor. Or trying to be!! Cheers Dave There probably isn't enough public data to make an informed decision about many coins (or even Bitcoin tbh). Way too volatile. Just pick one with a symbol you like and hold on tight 😛 Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted March 24, 2021 Share Posted March 24, 2021 38 minutes ago, Data Dave said: Im new, is this just BTC chat or can we talk Alts too? Separate thread maybe.... I need someones opinion on IOTA [MIOTA] and BAT, ive suddenly got a bit flappy despite being a long term investor. Or trying to be!! Cheers Dave Welcome, and feel free to chat shitcoins. Just expect to be roasted by the Bitcoin maxis. Quote Link to comment Share on other sites More sharing options...
goldbug9999 Posted March 24, 2021 Share Posted March 24, 2021 (edited) 44 minutes ago, Data Dave said: I need someones opinion on IOTA [MIOTA] and BAT, ive suddenly got a bit flappy despite being a long term investor. With alts forget about any characteristic of the actual coin, just look at the graphs and try and front run the pump and dumps if thats your idea of fun Edited March 24, 2021 by goldbug9999 Quote Link to comment Share on other sites More sharing options...
Data Dave Posted March 24, 2021 Share Posted March 24, 2021 13 minutes ago, btd1981 said: Just pick one with a symbol you like and hold on tight 😛 Byy ekk not sure thats an investment strategy 😜 Quote Link to comment Share on other sites More sharing options...
Data Dave Posted March 24, 2021 Share Posted March 24, 2021 12 minutes ago, MonsieurCopperCrutch said: Welcome, and feel free to chat shitcoins. Just expect to be roasted by the Bitcoin maxis. Thank you & undertone duly noted! Quote Link to comment Share on other sites More sharing options...
ucnvpe0 Posted March 24, 2021 Share Posted March 24, 2021 1 minute ago, Data Dave said: Thank you & undertone duly noted! A few like BAT have a potential purpose but it is way too early to tell whether any of them will succeed. I have small handful which I will keep and check again in 5 years. Quote Link to comment Share on other sites More sharing options...
Data Dave Posted March 24, 2021 Share Posted March 24, 2021 9 minutes ago, goldbug9999 said: With alts forget about any characteristic of the actual coin, just look at the graphs and try and front run the pump and dumps if thats your idea of fun Wrong thread @goldbug9999 mate Im not going to bite either Quote Link to comment Share on other sites More sharing options...
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