Topic: How much Bitcoin is needed to buy iPhone 15? - page 4. (Read 655 times)
Unfortunately, i had iphone 5 but never had so much bitcoins. I was too young at that times
The bigger question are.....
How does the person with the iPhone 4s feel now.... after they bought it for 162 BTC? Those bitcoins are now valued at $4 192 000 at todays price of $25 870 per bitcoin.
How does the person with the iPhone 4s feel now.... after they bought it for 162 BTC? Those bitcoins are now valued at $4 192 000 at todays price of $25 870 per bitcoin.
My guess is they sold their iPhone 4s now for $10 and use it to buy Bitcoin and wait for the next bull market to recover the opportunity they lost after they bought the iPhone 4s.
iPhone is developing fast, old units become cheaper and cheaper as it become ages unlike Bitcoin the price goes up over time.
I'm sure they regret it but It's not too late yet we can learn from our mistakes from the past.
This content of your topic demonstrates how bitcoin has evolved since the earlier generation of iPhone was released until today. Your post should serve as motivation for those who have yet to invest in bitcoin or hold some in order to profit handsomely from it in the coming years. This statistical example in your post has clarified everything without needing much additional explanation or convincing someone to invest in bitcoin.
Those who used their BTC to purchase the first generation of iPhones will now be feeling remorseful, though not in a sad way. Instead they will be saying, "had I known," I would not have spent so much of my bitcoin and allowed the remaining coins to grow in value until today. Because no one can anticipate the future and because they cannot be held responsible for their acts, even if I had been in their position, I may have acted similarly or even worse.
We may assume and agree that the price of bitcoin will continue to rise as time goes on despite the fact that we can't anticipate exactly how it will do so. This fact alone is a motivation to hold on to some BTC for the future use to avoid another story or thought of had I know.
Those who used their BTC to purchase the first generation of iPhones will now be feeling remorseful, though not in a sad way. Instead they will be saying, "had I known," I would not have spent so much of my bitcoin and allowed the remaining coins to grow in value until today. Because no one can anticipate the future and because they cannot be held responsible for their acts, even if I had been in their position, I may have acted similarly or even worse.
We may assume and agree that the price of bitcoin will continue to rise as time goes on despite the fact that we can't anticipate exactly how it will do so. This fact alone is a motivation to hold on to some BTC for the future use to avoid another story or thought of had I know.
That's a good informational post you have made there but just to clear things first, I do not like Apple's product. I know in the crypto industry many people prefer Apple for its exceptional security features. But I don't like Apple because Apple is expensive and also a close source too. And it lacks lots of features that I needed. Well, besides that, this information that you have shared, indicates another lesson too. Which is, that BTC is a great hedge against inflation.
As you can see the first iPhone cost around 162 BTC while the current iPhone 15 cost around 0.031 BTC. This means we need less BTC at the current date. But if we compare the price in Fiat then the rate in Fiat (means the amount will be more than before). Let's say the first iPhone if cost back then $100 (let's assume) in today's world it will cost more (because fiat lost value).
I hope you understand what I am trying to emphasize here. Well, talking from a different angle I can say, this apple product is not that expensive in compare to it's previous products.
As you can see the first iPhone cost around 162 BTC while the current iPhone 15 cost around 0.031 BTC. This means we need less BTC at the current date. But if we compare the price in Fiat then the rate in Fiat (means the amount will be more than before). Let's say the first iPhone if cost back then $100 (let's assume) in today's world it will cost more (because fiat lost value).
I hope you understand what I am trying to emphasize here. Well, talking from a different angle I can say, this apple product is not that expensive in compare to it's previous products.
All I think when seeing how much money it costs to upgrade to the latest model is, how stupid are these people. I guess mostly these devices are on two year contracts or something so it’s not a one off payment. The money could be used much more intelligently elsewhere, for example DCA into bitcoin. We are a world that is obsessed with gadgets & consumerism is King, I would prefer to allocate funds elsewhere personally.
Well, I don't think that's a problem for rich people, they can afford to waste their money like that when they make 100 times more every month. Regular folks that live from salary to salary are truly dum to buy it instead of investing or trying to study.
The bigger question are.....
How does the person with the iPhone 4s feel now.... after they bought it for 162 BTC? Those bitcoins are now valued at $4 192 000 at todays price of $25 870 per bitcoin.
This is the reason why most people are hoarding their coins and using it as an investment option and not as a Currency. Would you spend your bitcoins buying an expensive phone...and after a few years, finding out that it would have been worth 800 times more.. than what it was ..when you bought the phone?
How does the person with the iPhone 4s feel now.... after they bought it for 162 BTC? Those bitcoins are now valued at $4 192 000 at todays price of $25 870 per bitcoin.
This is the reason why most people are hoarding their coins and using it as an investment option and not as a Currency. Would you spend your bitcoins buying an expensive phone...and after a few years, finding out that it would have been worth 800 times more.. than what it was ..when you bought the phone?
Those people will not be happy seeing the dollar value of the amount btc spent years back to buy an iPhone 4s which no longer holds any value considering the amount of newer version that has been released since then.
Seeing this will drive investors to hold their btc more than use it as a payment method, as long as the dollar value of btc keeps rising and the chances of making higher profit from your investment are high, btc will continuously be used as a store of value rather an alternative payment option. I mean the difference is mind blowing and imagine if this was an investment and not a transaction
This is an illustration of the value of hodling and the evil of inflation.
We all know how Bitcoin's price has grown more than 2 billion percent over the years. 1BTC used to be just $0.001. Now it's $26,000. Between $0.001 and $26,000, many supporters and believers sold their coins thinking they have already made money out of it. Little did they know that the price would continue to rise.
The primary reason is that Bitcoin is inflation-proof. With Bitcoin, nobody has the power of the printer. No one can indiscriminately inflate its supply. No president or central bank governor has the power to devalue the currency such that in the Bitcoin standard prices are falling rather than rising.
We all know how Bitcoin's price has grown more than 2 billion percent over the years. 1BTC used to be just $0.001. Now it's $26,000. Between $0.001 and $26,000, many supporters and believers sold their coins thinking they have already made money out of it. Little did they know that the price would continue to rise.
The primary reason is that Bitcoin is inflation-proof. With Bitcoin, nobody has the power of the printer. No one can indiscriminately inflate its supply. No president or central bank governor has the power to devalue the currency such that in the Bitcoin standard prices are falling rather than rising.
Plus the difference between thinking about Bitcoin's price zoomed out to the maximum/having it as a low time preference investment and using it as a Medium of Exchange. I'm not discouraging my fellow plebs not to spend their Bitcoin, but do save MOST of what you have.
We must not forget that there's unlimited fiat, and just 21,000,000 Bitcoins.
All I think when seeing how much money it costs to upgrade to the latest model is, how stupid are these people. I guess mostly these devices are on two year contracts or something so it’s not a one off payment. The money could be used much more intelligently elsewhere, for example DCA into bitcoin. We are a world that is obsessed with gadgets & consumerism is King, I would prefer to allocate funds elsewhere personally.
But I would never buy it new and especially not at the release, it's just not worth it in my opinion.
Same opinion here.
Like I said in the previous thread, owing an IPhone is not an issue after IOS has a good security, the only issue I see is when users want to change from their current device that is working properly to a newer version just because it came out recently.
An IPhone is an IPhone, if I’m using an IPhone 11 and you’re using an IPhone 15 pro we’ll both be referred to as “iPhone user” so why the rush? Just use your phone the way any normal human would use their phone don’t kill yourself over a device that would still be available for you to purchase even in the next five to six years at a cheaper rate.
This is an illustration of the value of hodling and the evil of inflation.
What I see here has nothing to do with inflation, the USD index is holding tight as well. This is a product that the developer sets a price for just like any other new and upgraded product. The manufacturer can set any price that comes to their head for their valuable products.It's perfect to have ended it at "the value of HODLing of Bitcoin," which is what causes the BTC's huge appreciation against the iPhones' price, not inflation.
In the first place, all those years of hodling would have been for naught had Satoshi not included in Bitcoin's design the formula that limits the maximum supply to only 21 million coins. The price of the latest iPhone model wouldn't have been as low as 0.031BTC today had Satoshi designated himself/herself/themselves or somebody else as a Jerome Powell in the system. The very value of hodling is largely founded upon the fact that Bitcoin's supply cannot be inflated according to the whims of anybody.
Nice, funny statistic.
Also shown how overprice iphones are yet again, even though I also use it.
But I would never buy it new and especially not at the release, it's just not worth it in my opinion.
Really crazy to see how far bitcoin has come just by some little statistic as this one. How will it look like in let's say the next 10 years. Will it be gone or will it be 6 digits?
Also shown how overprice iphones are yet again, even though I also use it
.But I would never buy it new and especially not at the release, it's just not worth it in my opinion.
Really crazy to see how far bitcoin has come just by some little statistic as this one. How will it look like in let's say the next 10 years. Will it be gone or will it be 6 digits?
We can say iphone is overpriced but with Apple, they have succeeded in their business. I'm also an iPhone user but I often buy used things, everyone is excited to buy iPhone 15 while I'm using an iPhone 7 without any problem, LOL.
This is quite an interesting comparison, I have seen it spread on social media platforms and I think Apple will not be happy to see this
. But ironically that is what is happening. In the next 10 years, if bitcoin continues to increase in price, then with the current 0.031BTC, I think we can buy 10 iPhones at that time. With bitcoin, nothing is impossible. 
Ive seen as always there's a meme people doing, which is they are willing to sell their body parts like the picture above just to have this, as always, the latest iPhone lol. This topic seems related to Brainboss created which is the Ignore the new Apple toys & Invest in Bitcoin, history always repeat itself.. People who are literate about Bitcoin are possibly conscious or feeling guilty about these images or the price of the Bitcoin they waste, but we cannot deny that this new feature of iPhone is really catchy to the public and we know whats the reason why most of the people buy this is because of being class, security, camera, and the storage but sooner or later the price of it will goes down, and they will sell it again and make a cut loss to buy another one.
Nice, funny statistic.
Also shown how overprice iphones are yet again, even though I also use it.
But I would never buy it new and especially not at the release, it's just not worth it in my opinion.
Really crazy to see how far bitcoin has come just by some little statistic as this one. How will it look like in let's say the next 10 years. Will it be gone or will it be 6 digits?
Also shown how overprice iphones are yet again, even though I also use it
.But I would never buy it new and especially not at the release, it's just not worth it in my opinion.
Really crazy to see how far bitcoin has come just by some little statistic as this one. How will it look like in let's say the next 10 years. Will it be gone or will it be 6 digits?
This is amazing to see how bitcoin has been valued over the years. Bitcoin has shown it is better with high rate of inflation and that it is always better as assets and investment. To
This is a huge difference that bitcoin has achieved over the years, to see that at a time iPhone 4s cost 162 BTC, iPhone 5 – 53 BTC
....iPhone 14 – 0.042 BTC and now iPhone 15 – 0.031 BTC. This shows an increase in the value of bitcoin while technology improved.
Of course this is showing that bitcoin has got better standing than fiat because such value in fiat at the price of 162 BTC for iphone 4s would be multiple percentage increase in fiat.
Moreover, this is not particular about iphone but every other in relation to fiat. For example, if you check your wallet on the value of transacted btc, you can understand how much was 0.002 btc in fiat two years ago and how much it is now.
This is a huge difference that bitcoin has achieved over the years, to see that at a time iPhone 4s cost 162 BTC, iPhone 5 – 53 BTC
....iPhone 14 – 0.042 BTC and now iPhone 15 – 0.031 BTC. This shows an increase in the value of bitcoin while technology improved.
Of course this is showing that bitcoin has got better standing than fiat because such value in fiat at the price of 162 BTC for iphone 4s would be multiple percentage increase in fiat.
Moreover, this is not particular about iphone but every other in relation to fiat. For example, if you check your wallet on the value of transacted btc, you can understand how much was 0.002 btc in fiat two years ago and how much it is now.
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No matter the pressure, the more important thing for me right now is how to get more bitcoins, not how to take from the little I am gathering to get an Iphone that is not an asset or good store of value and the value over time will reduce. Many people are consumed with using the latest gadgets and will without thinking take out money from their btc in keeps to get the Iphone 15 even if they had the Iphone 14. It is not a bad thing is you can afford it, but for someone like me that wants to keep my small bitcoins until the bull, I am okay using my phone without thinking of how many btc it will cost me to get the new Iphone.For people who create a lot of contents for their channels maybe this is a good investment to them since they can use it everyday and get a return for using this. But if you are a regular person which invest on bitcoin well I don't think you need that just to follow the trend since we know there's no price appreciation on iphone so this is just a waste of money if your phone still working and you can regularly use it on any means.
I can only think of that if the iphone can get my BTC wallet to at least 2BTC, that alone would but a smile on my face.
With the market not in the favor or any investors I don't think anyone would consider getting such a device with that amount.
When Tim Cook, the CEO of Apple, unveils his latest gadgets at what you may consider a high price point, some individuals who are exceedingly affluent might acquire multiple units of the newest iPhone without the slightest concern for their economic burden. They constitute a well-established and tested market, having engaged with previous Apple products. However, I believe the people here have learned a great deal about making prudent financial decisions, to the extent that the calculations for the depreciation of such items may not align with the offered price.With the market not in the favor or any investors I don't think anyone would consider getting such a device with that amount.
I'm confident that Apple products will continue to attract enthusiasts, but I don't count myself among them. Given my current financial circumstances, it doesn't justify ownership. There are more pressing priorities in my life than acquiring a smartphone.
I love the list, op, as it really shows how much value Bitcoin's been gaining over the years in comparison with something particular that many people know and quite a few people value. I think that Apple products are simply overpriced and not better than those of competitors, so I never choose Apple over other things. It's purely about brand and not about quality. Bitcoin, on the other hand, does not have a brand, as it's not a company. It's all about quality, reliability, and trust that people place in the product. Bitcoin's surely a better investment than buying another iPhone.
Also, add to that regional price differences for iPhone, accounting for local taxes. So, in my country, iPhone 15 (the regular one, not Pro) is actually worth the equivalent of 0.041 BTC.
Also, add to that regional price differences for iPhone, accounting for local taxes. So, in my country, iPhone 15 (the regular one, not Pro) is actually worth the equivalent of 0.041 BTC.
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No matter the pressure, the more important thing for me right now is how to get more bitcoins, not how to take from the little I am gathering to get an Iphone that is not an asset or good store of value and the value over time will reduce. Many people are consumed with using the latest gadgets and will without thinking take out money from their btc in keeps to get the Iphone 15 even if they had the Iphone 14. It is not a bad thing is you can afford it, but for someone like me that wants to keep my small bitcoins until the bull, I am okay using my phone without thinking of how many btc it will cost me to get the new Iphone. 
The USD is a currency, whether it remains the same, decreases or rises, assets will surpass it as far as they do well. This is also the reason you can't price the same US stocks that have appreciated over the years with the same amount of dollars you bought it 20 years ago. The value has risen, but it doesn't mean the USD fell. That's the reason I said it's the value and not inflation.
In other words, it's not the purchasing power of the USD that reduced but it's the said asset that appreciated significantly in value. The USD can't be appreciating that much as a currency, otherwise, it's a big problem for the USA's trade balance.
The value of an asset increases with time and likewise the value of money depreciates with time because of inflation. The increase of value of an asset is due to inflation. If you can remember when we were young,you can use only one dollar to buy lunch but presently,it is impossible. This is because the cost of production is high now compared to then.In other words, it's not the purchasing power of the USD that reduced but it's the said asset that appreciated significantly in value. The USD can't be appreciating that much as a currency, otherwise, it's a big problem for the USA's trade balance.
When an iphone is first launched into the market, the value will be high and as time goes on,it will start depreciating. But these days, the cost of the phone will stay at that same price of launching or it will even increase in price due to inflation. The current price of those iphones is because of the current price of bitcoin and if the price of bitcoin increases significantly due to good news in the market, then the price of those phone wouldn't worth the amount, but lesser than the amount. As for gold that you stated, you should remember that it is a store of value and an investment that can't be eaten up by inflation and that is why the value increases.
Given the new features compared to the price, it is foolish to buy an iPhone with Bitcoin. The price of Bitcoin may double several times before the iPhone 16 is released, yet the features remain the same.The only evidence is that Bitcoin is developing better than Apple, as I began to feel that they have lost the passion and there are no longer many distinctive innovations, and therefore we may succeed within 18 months of exceeding Apple market capacity.
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