Topic: How much Bitcoin is needed to buy iPhone 15? - page 2. (Read 655 times)

Why don't you think that people who are willing to spend 0.031 btc to buy a new iPhone, they are capable of earning a few bitcoins every month? I see people making stupid comparisons between holding bitcoin and buying some product that serves them. The people who are willing to spend $1,000 on a phone are the ones who are making a few thousand dollars a month, so what's wrong with rewarding yourself and enjoying life? Don't just look at yourself and infer that everyone is like us.

Why don't we try to think of ways to make more money to have a life like them, while they are enjoying life and we are laughing at them? LOL.

We have different lifestyles and some people are not interested in following the smartphone trend, many bitcoiners can afford an iphone 15 pro even though the price is 2 times higher but they don't use a cent of bitcoin to divert to non-investment except for investment needs in property, gold, shares and others for the purpose of profit opportunities. If someone uses bitcoin to buy other items such as an iPhone or other non-investment items, he or she has reduced the amount of investment assets for lifestyle needs but the price of the smartphone will fall every year.

Even though they have achieved financial freedom, they can realize their lifestyle needs of buying a new iPhone without using Bitcoin investment because the investment funds have been set for a profitability strategy, it is possible that in the future when the price of Bitcoin has increased, the accumulated price of the iPhone will be 0.002 BTC.

Whether you guys noted it or not I can see why people hold their funds for future profits in future, Just look at the price of the iPhone 4 and iPhone 5 at that time when BTC did not have that much value, and the person who bought the iphones at that time looking to todays iPhone he will be sad because of that iPhone has not to work longer and if he compares the price then he will be regret on buying iPhone instead if he holds it and sells it in today's bullish market so i think he will be the wealthiest person now.

So that is why do not spend your money on such expensive things that do not give you any profits instead when you are using them and time goes on they will lose their value so it is beneficial to invest or hold but not buy such expensive things.

Yes this is the USD price because buying goods must be by fiat but the OP compares with bitcoin that must be spent is (iPhone 15 - 0.031 BTC) this there are several crypto news sources that compare the value of USD and BTC to have the iPhone 15 they want.

Of course the price in different countries will be different from the US price maybe because there are tax rules or other factors that you mentioned the price will be much more expensive than the original, but iPhone fans are quite a lot around the world.

There are too many threads about iPhone with BTC equivalent to pay. Doesn't matter as we see how inflation on fiat is still going on.

Too many topics revolving around the iPhone 15 and Bitcoin, I don't think it's that monumental to talk about in multiple threads to begin with.

yeah sure bitcoin was cool very profitable and people have earned money from it by the millions when it pumped in value and all that. iPhone was an awesome piece of pseudo-luxury tech that people have been crazy about over the past few decades already but I don't think it warrants too many separate discussions only for us to come up with the same answer: iPhone 4 is the most expensive iPhone by bitcoin chart standards, phones depreciate in price overtime and the better "investment" is with bitcoin, and all that generic stuff. We got more important things to talk about like the fact that Mt. Gox lost over 800 thousand bitcoins in a single snap of a finger, as well as other heavier headlines than this. Why are we wasting our energies?

I think if we have made so much money and we can afford that without saying that it's quite expensive when we purchase it, then that's okay and a gift for ourselves. I have got several android phones that has lasted for several years and one of it I think is about to become 5 years.
As much as I want to use iOS and a new one, I think that I am stuck to being an android user. Despite I am seeing people saying that before they were android users but upon using iOS, they never come back to the former.

Yeah, it's just status symbol for all we know.
But for us, who are into investments, we really know what kind of value this supposedly Iphone brings to us, - None
So we won't invest on them or at least try to buy every new version they released every year, because it really doesn't make sense.
I still uses though a old smart phone, and it still functioning well so why would I replaced it and buy a new phone?
Would rather invest that money here in crypto and let it grow in the next couple of years.

These prices are just the USD prices. The actual prices in other countries are either lower or far higher depending on the currency conversion ratio and taxes. Fees is another factor that should be taken into consideration.

Anyway, I don't really see the point of this thread op. We would have endless threads if people asked similar questions regarding different products.

Nope, it won't happen but it's possible that someone who's a fan of this brand will keep buying the new version and its new releases. But the pricing of it keeps on going down if we're going to compare that with bitcoin. It's not going to be priced in with one whole bitcoin as the price currently is high despite being low. Also, we can't stop those bitcoin owners that who wants to spend their bitcoins purchasing this luxury for them as it probably increases their symbol for their lives.

Yeah, many get new phones once a year or even more frequently. I find it totally unacceptable for many reasons. For example, it's very ecologically-unfriendly (and no I'm not a Greta Thunberg type of person, not even close). Imagine so many batteries, plastic parts, screens, chips and what not being thrown into the bin. My phone is some 5-6 years old and it's still a decent smartphone, system works well, battery still holds its charge etc....    

That is a very unlikely situation for the majority of people: many bitcoiners are also hodlers, and that doesn't necessarily mean that your are going to spend 0 crypto, if you need a new smartphone there is nothing wrong with it; buying a new model every single year is a totally different thing. I don't know about you, but I know very few people who change their smartphone every year.

But the question is, if you had a lot of bitcoins in your wallet or made a lot of profit from investing in bitcoins, would you buy yourself an iPhone? I mean when we hit profitability and have a more prosperous economy, will you buy an iPhone? If it were me, I would be willing to spend money to buy things I like after achieving financial freedom. Because that is the reason I have been actively accumulating bitcoins for many years, I have no intention of living a miserable life all my life just accumulating bitcoins without using it to further my life. So it's not funny when people buy an iPhone for 162BTC or 0.031BTC because maybe they're the same people who had thousands of bitcoins years ago or they have a few bitcoins.

Hahaha, you guys are funny. Well, I can't use my Bitcoin to purchase anything yet because I am still accumulating and never ready to spend a dime of my Bitcoin yet.
Well, if I could see the amount of 2 BTC in my Bitcoin wallet, I would be happy and might like to purchase,, the iPhone 15 with some of my coins, but right now I don't have up to that amount. I would rather keep accumulating my coins.
Anyway, some investors will be happy to see 2 BTC in their Bitcoin wallet because, for some of these investors, it takes them a couple of years to get to that point.
Just imagine after buying an iPhone with a large amount of BTC, then some months later, iPhone 16 was produced. Then you keep planning to buy that one with another BTC. That means you will use all your BTC to buy an iPhone.

People who are with good money never try to express their wealth to the outer world. Most of the time it is the middle class family that starves for a life style similar to the rich ones. This had made them go on things that are really not that needed, but to show them high to the outer world used to spend much on these devices. Everything is a marketing gimmick to keep the consumers go for new products everytime something is brought to the market. Also the middle class used to be the major population and for that reason they're the much targeted ones.

Yeah, I remember that when the iPhone 4s was first launched, the 64GB version of the phone was sold for $380+, and during that year and month that the phone was launched, Bitcoin price was still trading at around $3.27, and it will really require 121 Bitcoin to be able to purchase the 64GB version of the iPhone, but back then, people who bought the phone at that time did not look into the future to see what Bitcoin was to become today, and it would not have been possible to look into the future, and also, I assume that some people back then were very sceptical about Bitcoin and therefore did not invest in it, while some people too did not know about the technology back then. Fortunately today, the value of Bitcoin has greatly increased, and it would still be a waste of money to sell one's Bitcoin now or use the money you were supposed to invest in Bitcoin to buy the iPhone 15, because definitely in the next 12 years to come, there will be some of the latest iPhones of that time, and one would still use less Bitcoin to buy them by then compared to the fraction of Bitcoin that would be used now to purchase the last iPhone 15. Although you can buy the iPhone for personal reasons and self-satisfaction, personally, I don't even like iPhones; I prefer Android over it, and I can spend $1k to buy an Android phone as long as it can do things I expect it to do.

This example you set with iPhones could also be set with other phones and devices, in which the first product of those devices would have cost the buyer more Bitcoin compared to the latest versions of today and just the small fraction of Bitcoin that is needed to buy them.

It's always the same old story: many rich don't care about showing their wealth, people with smaller income on the other hand spend a ridiculous amount of money to buy useless stuff to impress others. That type of mindset is difficult to change that's why many times poor will remain poor while the rich get richer and richer.

And many rich people wouldn't buy iPhone 15. Most people who are filthy rich don't give a damn about which model phone they're using. And with smartphone technology progress slowing down it makes even less sense. The differences between generations are getting more and more insignificant.

I think the price depends on your country, because for me, we won't buy based on the US price since it does require a tax in my country. However, from your chart, we can notice how the price of Bitcoin is increasing, but still, a lot of people will buy the iPhone 15. We would think instead of buying an iPhone, we may consider investing in Bitcoin to boost our portfolio. But keep in mind that only rich people would buy iPhones, and they have the availability to invest in Bitcoin at the same time. So buying iPhones is a hobby, we can say.

It's truly crazy to think that the iPhone 4s once cost 162 BTC during that time. If you had held onto those 162 BTC until now you would be a millionaire and living a luxurious life. Between the release of the iPhone 4s and now Bitcoin's price has experienced incredible growth reaching a peak price of 69k (ATH).

It's really insane to observe that iPhones have become comparatively more affordable in terms of Bitcoin over the years. This shows how Bitcoin's price has consistently increasing over time achieving new goals.

Today, we cannot buy many Bitcoins even if we know that in the future Bitcoin will rise as much as it did in the past. Those who know and invest in Bitcoin beforehand are truly lucky people. Because it is not possible to buy that number of Bitcoins today, even though we know that the price will increase. Because now the Bitcoin price has exceeded a certain level.

The price of Bitcoin at the time of the iPhone 4s is the same as the price of another coin today, but the coin at the same price is potentially not similar to Bitcoin. I mean this. Some chances come once.