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Topic: Buy a can of Coca-Cola for 500$ - it's cheap - page 2. (Read 667 times)

newbie
Activity: 99
Merit: 0
The thing is that both Coca Cola and bitcoin have added value which comprises at least the following: a) idea (novelty) b) technology; c) labor; d) future prospects.
They both are unique products being the "pioneers" in certain industry, which in its turn encourages the trust of millions (and billions) of people around the world.
So, frankly, I can see no reason for the irony in your post  Wink
full member
Activity: 420
Merit: 110
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 could make the same argument about many other items such as collectibles (sports, comics, etc.). The price will vary depending on how much are people willing to pay. Buying a limited edition comic at USD 2000 might be cheap for someone really want it, while in a few years, a month or less, it could be worth USD 500 or no more than a buck. It depends on what is valuable to you.
You could argue that those are tangible items, but I am using this example just like you did with your can of Coca-Cola.
full member
Activity: 462
Merit: 100
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.

Sounds like a healthy living person huh?but its a nice behavior and youre rigt saying that coca cola and all Soda drinks are f*ck and no one cares about but us..governments earning lots from those company and just letting the people die without even doing an action.

And one day the price of coca try would be able to reach the price of $ 5000, bitcoin will always increase every year and although the current price spelled down since early January but still has a very expensive price.
Only crazy people will purchase that soda drink with $5000 even if it takes 100 years..stop your over speculation lol
sr. member
Activity: 1022
Merit: 256
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.

This has always been the argument why Bitcoin is hardly becoming the currency that the founder Satoshi Nakamoto originally envisioned. The price fluctuation of Bitcoin has been hampering its full function as a currency. Your .00001000 worth of Bitcoin might get you a piece of hamburger this very moment but in a couple of hours, it might not even give you a piece of bread. But I believe that once Bitcoin becomes the primary currency of the world, there will be a more or less stable price. Well, that might be begging the question, but Bitcoin is actually being used as a currency right now. 
jr. member
Activity: 118
Merit: 1
And one day the price of coca try would be able to reach the price of $ 5000, bitcoin will always increase every year and although the current price spelled down since early January but still has a very expensive price.
full member
Activity: 352
Merit: 100
The funny thing is that if Coca Cola would be sold for 2000$ a can, then it would really be cheap to buy it for 500$. The value and the price of something are determined just by the people who are interested in trading that something. Whatever they believe the price should be, when there is consensus, that becomes the actual price.
newbie
Activity: 113
Merit: 0
buying a coca-cola for $500 is not cheap, but buying btc at that price is cheap, because its price is deemed to rise significantly just like investments
sr. member
Activity: 700
Merit: 250
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.

Yeah you are right, bitcoin is not cheap at $6k.
but it is cheaper than the price at beginning of the year.
now bitcoin is on the dips at the market. This can be the chance to buy more bitcoin dips.

Of course it is not cheap at $6000 but if you look at it on a bigger picture; like for instance, long term goal then it is a good price to buy. I don’t get why “some” people in this forum whine about the price they bought Bitcoin with. We can’t turn back time and argue with those who bought Bitcoin a couple years back, of course it was cheap back then if you compare the price now but if you were on that same position a couple years back and bought that coin too at the same time, I’m pretty sure the feeling would be mutual as of today. It was not cheap back then too you know, and it was risky because Bitcoin wasn’t popular before too so there was no assurance that the price could go up to more than 100%.
member
Activity: 406
Merit: 10
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.

Yeah you are right, bitcoin is not cheap at $6k.
but it is cheaper than the price at beginning of the year.
now bitcoin is on the dips at the market. This can be the chance to buy more bitcoin dips.
member
Activity: 299
Merit: 15
At present, the price of BTC is very low, and 6000 usd is basically close to the price of mining. Buy long-term hold.

full member
Activity: 238
Merit: 109
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.

Funny how we see the same thing at every dip in the market - now we are here again, and the "dip" simply becomes deeper every time....
sr. member
Activity: 913
Merit: 252
February 25, 2018, 08:32:03 AM
#37
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.

Bitcoin is cheap at $10,000 per coin, since it is an asset used by close to 100 million people (with the user-base increasing at a rate of 10% per month). You can spread as much FUD as you want, but I would request you just one small thing. Since you are saying that Bitcoin is over-priced now, can you prove that you have dumped all of your crypto holdings?
member
Activity: 1204
Merit: 38
February 25, 2018, 08:16:27 AM
#36
With the same logic, shouldn't fiat and gold be worthless right now since owners and users of both only magically agreed that they are worth something? Honestly everything in this world gained value because people subconsciously agreed that X is worth something and it only became widely-accepted later on. That is how gold gained value; it's hard to procure, so it should be worth X and people just agreed to it since the logic is technically correct.
You are right why do we think that fiat money has value it is just a piece of paper and why we think gold has value it is just a metal,so we need to adapt to the new technology called bitcoin that has no structure but it has real value as fiat money have.
full member
Activity: 238
Merit: 109
February 25, 2018, 08:12:04 AM
#35
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.

I hate corporations that destroy the world too and i was so fcking happy to read your post. The problem in the world is there are too many people willing to buy semi-poison liquid.

Coca-cola has an absurd amount of phosphoric acid in it.


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.

When it is possible to convert your BTC back to Euro or USD, i don't see how it is toy money?

It is like have store-credit. If the store closes, or if the store no longer has goods you want, you do not have any value anymore
member
Activity: 112
Merit: 12
February 17, 2018, 05:16:06 PM
#34
Bitcoin has real capitalization, people give fiat money for bitcoin, so it has real value. What is the value?I can answer you! As much as people can give for it!
newbie
Activity: 39
Merit: 0
February 09, 2018, 05:53:51 PM
#33
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.

I hate corporations that destroy the world too and i was so fcking happy to read your post. The problem in the world is there are too many people willing to buy semi-poison liquid.

Coca-cola has an absurd amount of phosphoric acid in it.


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.

When it is possible to convert your BTC back to Euro or USD, i don't see how it is toy money?
member
Activity: 144
Merit: 10
February 09, 2018, 05:45:36 PM
#32
I used my toy money to buy a toy car and drive into my toy garage in my toy house with my toy wife.
Printed bills are clearly more helpful. Numbers printed on paper are much better then number on a pc screen. xP
legendary
Activity: 3542
Merit: 1352
Cashback 15%
February 09, 2018, 05:34:47 PM
#31
With the same logic, shouldn't fiat and gold be worthless right now since owners and users of both only magically agreed that they are worth something? Honestly everything in this world gained value because people subconsciously agreed that X is worth something and it only became widely-accepted later on. That is how gold gained value; it's hard to procure, so it should be worth X and people just agreed to it since the logic is technically correct.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
February 09, 2018, 05:18:38 PM
#30
Why would you compare an investment with Coca-Cola? This is the worst analogy I have ever seen.

Because he doesn't understand the concept of value and thus gives an apples to oranges comparison.
Cola has a fixed value dictated by the company and this makes people around the world be able to buy it for $1 or less. Nobody will pay more because it's widely available at that price.
Now, BTC doesn't have a fixed price, it's worth as much as people are willing to pay. If they are paying $100 its value is $100, if they are paying $10k, it's the value. You can't buy it cheaper!
newbie
Activity: 42
Merit: 0
February 09, 2018, 01:58:05 PM
#29
Why would you compare an investment with Coca-Cola? This is the worst analogy I have ever seen.
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