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Topic: Buy a can of Coca-Cola for 500$ - it's cheap (Read 666 times)

newbie
Activity: 8
Merit: 0
At that time, I bought Coke for $500 and now it is $2,000. I think this is very economical.
This is in line with the current economy. If it still stays at $500, then we need to think about whether we have done anything wrong.
full member
Activity: 365
Merit: 101
it is reality of economics, in some period of time it grows up in some down, you must believe and be patient to that things and don't panic
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Coca cola destroys your enamel. It's a drink for dumb people who don't know how to prepare healthy juice with vitamins on their own.
I have blender, juice squeezer and I f*ck corporations which destroy the world.
Seems like you wanna blow the coca cola corporation dude?lol

It has nothing to do with the topic since OP implying to the value of bitcoin he just used the argument about that damn people who buy that coca cola amounting $2,000 .

Bitcoin price wasnt cheap for $6,000 and its not more even at $7,500 so whats good thing is we can afford still to buy now before it become $100,000
newbie
Activity: 122
Merit: 0
Man, you don't really get the point here. The price of BTC is fair, because it is defined by market nature of demand. The price for coke was once also determined by these laws, and people are not ready to pay more than a dollar. In case people are ready to pay $6000/ a BTC, that is the real price
newbie
Activity: 112
Merit: 0
up to whoever but im pretty much against the idea of buy chicken, pizza, and now coke by bitcoin?Huh people? please thoughtful with your finance?
hero member
Activity: 1064
Merit: 500
It is also very funny to compare the cryptocurrency (OK, even something virtual as many people think) with the simplest Coca-Cola can that gives you nothing but brings a lot of harm to your health.
full member
Activity: 266
Merit: 100
If Coca Cola was sold for $ 2000, I think it would be cheap to buy it for $ 500. Anything is determined by the person who wants to trade anything. Whatever they are interested in it, they are more interested. When everyone agrees, then a real price is set.
sr. member
Activity: 658
Merit: 253
Has is the future of the financial world. Those Governments that prohibit crypto, they fear losing control, nothing scares the person as what he does not understand.
jr. member
Activity: 140
Merit: 2
REMIIT.IO
Now the price of a can of Coke is at $8,400. I bought it at $6,000. Not really that complicated. Buy low, sell high.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
This is how many Bitcoin people in here are arguing:

I saw some people buy a can of Coca Cola for 2000$ just a month a ago.

Now I can buy a can of Coca-Cola for only 500$, it is cheap!!


Bitcoin is not cheap at 6000$. It is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun.
.

How could you compare Coca-Cola with Bitcoins. Both are different things which are completely different in nature.  Coca Cola is centralized with unlimited supply and Bitcoins are decentralize with limited supply.
So the Price of 6000$ is still considered as undervalued. Smiley

A lot of people can't fathom Bitcoin because it is intangible. Otherwise, we wouldn't get arguments like these. People are happy to measure their worth by a balance in their bank account, which is just a ledger in a bank account. But they get angry because Bitcoin commands a high valuation.
legendary
Activity: 1190
Merit: 1024
This is how many Bitcoin people in here are arguing:

I saw some people buy a can of Coca Cola for 2000$ just a month a ago.

Now I can buy a can of Coca-Cola for only 500$, it is cheap!!


Bitcoin is not cheap at 6000$. It is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun.

How could you compare Coca-Cola with Bitcoins. Both are different things which are completely different in nature.  Coca Cola is centralized with unlimited supply and Bitcoins are decentralize with limited supply.
So the Price of 6000$ is still considered as undervalued. Smiley
newbie
Activity: 182
Merit: 0
500$ for Cola - you must be joking. It already costs more than it should be. But such a comparision looks kinda strange. It`s necessary to learn how crytomarket works and then you will review you point of view. Of course you may loss but...If one knows what to do the risks are minimal. Entering cryptomarket is a risky game but as the saying goes: nothing ventured, nothing gained. Roll Eyes
legendary
Activity: 2604
Merit: 1036
Some experts claim that Bitcoin has a purported value of upwards $50k or even $100k. So I have an exclusive offer for you all. I am selling my Coca Cola cans (coins) for $40k a piece which is like more than 60% off than its intrinsic value. I want paper money for my cans. Any takers?  It's dirt cheap  Grin

Your argument FAIL for several reasons. Why would anyone be buying your Coco Cola cans for $40k a piece, when everyone around you are selling theirs for $9000 a piece? Bitcoin price predictions from these so-called experts are like weather predictions.

You have 4 people working in the Weather prediction office, and you tell them to go to the window and to predict if it is going to rain tomorrow. So, they come back to you and 2 of them says that they think that it is going to rain tomorrow. So you go to your computer and you publish the result on your weather prediction website. "There is a 50% change of rain tomorrow!"  Grin

BUSTED!  Wink



My argument hasn't FAILED yet just because there are no buyers NOW. It's a free market. And my response wasn't even directed toward you, so I have no idea what sprang up your butthurt comment?  Grin
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Some experts claim that Bitcoin has a purported value of upwards $50k or even $100k. So I have an exclusive offer for you all. I am selling my Coca Cola cans (coins) for $40k a piece which is like more than 60% off than its intrinsic value. I want paper money for my cans. Any takers?  It's dirt cheap  Grin

Your argument FAIL for several reasons. Why would anyone be buying your Coco Cola cans for $40k a piece, when everyone around you are selling theirs for $9000 a piece? Bitcoin price predictions from these so-called experts are like weather predictions.

You have 4 people working in the Weather prediction office, and you tell them to go to the window and to predict if it is going to rain tomorrow. So, they come back to you and 2 of them says that they think that it is going to rain tomorrow. So you go to your computer and you publish the result on your weather prediction website. "There is a 50% change of rain tomorrow!"  Grin

BUSTED!  Wink

legendary
Activity: 2604
Merit: 1036
Some experts claim that Bitcoin has a purported value of upwards $50k or even $100k. So I have an exclusive offer for you all. I am selling my Coca Cola cans (coins) for $40k a piece which is like more than 60% off than its intrinsic value. I want paper money for my cans. Any takers?  It's dirt cheap  Grin
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
This is how many Bitcoin people in here are arguing:

I saw some people buy a can of Coca Cola for 2000$ just a month a ago.

Now I can buy a can of Coca-Cola for only 500$, it is cheap!!


Bitcoin is not cheap at 6000$. It is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun.

Ok, Let's replace your example with the word, Car.

I saw some people buy a Car for 2000$ just a month a ago.

Now I can buy a Car for only 500$, it is cheap!!

Same thing, right... You could have bought shit for whatever reason, but you still paid $1500 less for it, than what you would have paid a month before.  Grin

Now take fiat currencies

I saw some people buying 2 bottles of Coca-Cola and one box of Kentucky fried chicken and 10 chocolate bars for $10 in 2015.

Now in 2018, I can only buy 1 bar of chocolate and 1 bottle of Coca-Cola with $10, f@#$%n!
jr. member
Activity: 41
Merit: 3
The end price of bitcoin has not been determined yet as not all 21 million bitcoins are available. Currently the market is trying to the determine the price, so we really have no idea what the end price will be. However, we can speculate at this point.

But again, the issue is people buying bitcoin to short it or "long it" as opposed to buying it to use it as an actual form of payment in the future. Regardless of what people think about bitcoin--that it has no value or what have you, people using it to buy and sell goods and services will ultimately determine its practicality. You can say something is valueless all day long, but if someone, and especially if a large population is willing to use it to buy and sell, then welp... That's how it works. Ultimately, it is dependent on the people.
member
Activity: 238
Merit: 15
Unfortunately, this comparison is incorrect, since the coca-cola can still has a real cost price.
full member
Activity: 360
Merit: 100
This is how many Bitcoin people in here are arguing:

I saw some people buy a can of Coca Cola for 2000$ just a month a ago.

Now I can buy a can of Coca-Cola for only 500$, it is cheap!!


Bitcoin is not cheap at 6000$. It is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun.

You have pretty well described things and I agree with you. When we have an exception for a short time and the price jumps to 20K, now everyone thinks that BTC costs a lot more and even $ 8000 is cheap.  Smiley Smiley
member
Activity: 406
Merit: 10
Ahah, comments under the main message is worthy of attention. You made me laugh, friends. Cheesy
But I disagree with the author of the topic that bitcoin is a game. Play in the casino or bookmaker. But all this does not give opportunities, knowledge, technologies at a sufficient level, as cryptocurrencies. Read more literature on the topic. Wink
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