Author

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

sr. member
Activity: 854
Merit: 364
I ❤️Bitcoin
September 22, 2023, 01:23:17 PM
#93
Recently, Apple officially launched iPhone 15 with many improvements and new features.
Generally, people tend to prefer using branded items like Apple phones. However, my stance is a bit different. My argument is, let's say you have a need for something, and that need can be met through two different paths. One is the expensive route, and the other is the affordable one, since both serve the same purpose. So my innocent question is, can an iPhone 15, which fulfills your need, do something that an iPhone 14 or another Android can't? If it can't, then why spend on branded items when both the iPhone 15 and the iPhone 14 have minimal changes in terms of new features? In my opinion, spending on them without a valid reason is a waste.
On the other hand, investing in valuable assets like Bitcoin is a sensible choice. The iPhone series releases every year, and they are becoming more expensive over time with just one additional feature. Meanwhile, Bitcoin, which is currently available at a certain price, may yield a considerable return in the future and provide profits, whereas an
The iPhone cannot return its purchase price. So now, you should ponder which option is better and which one is more likely to result in losses.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
September 22, 2023, 10:40:51 AM
#92
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.  Roll Eyes

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?  Huh Huh Tongue

It really depends on the person because there was Laszlo Hanyecz who spent 10k BTC for a pizza and yet don't regret it.
So we might never know. May be the guy who bought 4s for 162 BTC might be feeling the same thing.

If we all start comparing our purchases with current dollar price of bitcoin then most of us will be feeling sad about it.
Instead, we all should be feeling happy that we are contributing to the bitcoin network.
Holding BTC is not bad but we shouldn't feel bad if we have used it for any payments.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
September 22, 2023, 10:34:29 AM
#91

  • iPhone 15 – 0.031 BTC

While the larger version iPhone 15 Plus starts at $899. iPhone 15 Pro will be priced at $999, while the larger version iPhone 15 Pro Max will be priced at $1199, iPhone models will be available for pre-sale on sep 15.


i never thought about buying an iphone, because for $2500 it is worth it and if i buy an iphone at the end of september i will lose my btc and i will miss the upcoming bull run
and conversely, if I buy an iPhone, I will not get long-term benefits, only luxury and satisfaction
sr. member
Activity: 2436
Merit: 455
September 22, 2023, 10:10:10 AM
#90
That illustration is all about why you don't want to spend your Bitcoin on things that could be bought fiat, to show that the things you wanted in life only depreciate, that investment is more important than being a social climber even when you can't afford but always choose to buy expensive things to show off. It also shows that fiat is very prone to inflation while Bitcoin is not.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
September 22, 2023, 09:53:04 AM
#89
Every Apple product released is not only oriented towards the beauty of the hardware, but also the software. The iPhone is also considered more modern and implements new technological advances in each generation of its products. Supported by an elegant and unique design so that it becomes a special attraction for customers. One of the reasons many people want to compete to buy an iPhone is because of prestige and wanting to get recognition that Apple product users look more classy than other smartphone users, thus making iPhone users more confident.

My thinking is more about managing finances rather than spending them on buying things that don't add value when selling them. Currently buying Bitcoin is much better than buying an iPhone, investing in Bitcoin is more profitable than buying an iPhone, I can still live even if I don't wear branded goods.


I agree with you. Although the new iPhone is eye-catchy and has really nice features that are not present from the previous ones, I think I will surely pass on this new release. Despite being really into tech and a big fan of Apple products, the price for this new release is way out of my comfort zone when it comes to spending for something I don't generally need (my current phone is still up to date and is still working perfectly). Moreover, it is true that this product will not give me or produce any profit for me even if I decide to sell it one day, instead I'll just focus on my investment that will one day give me profit that I need. Hence, for now, it is a definite pass for me.

Many people might say that iPhone just want to have more money from their customers, but let's not forget the innovation and upgrade which we people always trying to enhance for every person's convenience. Whenever there's a new released model we can say it might looked alike from the previous and has a little new features that could be considered as innovative. Still upgrade is an upgrade, so people would still want the new ones. But it would be too impractical to buy a cellphone that are too pricey when you still have a phone that are still working. Just wait more few months or years, for sure it would be cheap and there's another new release phone.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
September 22, 2023, 09:36:02 AM
#88
Every Apple product released is not only oriented towards the beauty of the hardware, but also the software. The iPhone is also considered more modern and implements new technological advances in each generation of its products. Supported by an elegant and unique design so that it becomes a special attraction for customers. One of the reasons many people want to compete to buy an iPhone is because of prestige and wanting to get recognition that Apple product users look more classy than other smartphone users, thus making iPhone users more confident.

My thinking is more about managing finances rather than spending them on buying things that don't add value when selling them. Currently buying Bitcoin is much better than buying an iPhone, investing in Bitcoin is more profitable than buying an iPhone, I can still live even if I don't wear branded goods.


I agree with you. Although the new iPhone is eye-catchy and has really nice features that are not present from the previous ones, I think I will surely pass on this new release. Despite being really into tech and a big fan of Apple products, the price for this new release is way out of my comfort zone when it comes to spending for something I don't generally need (my current phone is still up to date and is still working perfectly). Moreover, it is true that this product will not give me or produce any profit for me even if I decide to sell it one day, instead I'll just focus on my investment that will one day give me profit that I need. Hence, for now, it is a definite pass for me.
sr. member
Activity: 1274
Merit: 337
Enterapp Pre-Sale Live
September 22, 2023, 08:11:50 AM
#87
Every Apple product released is not only oriented towards the beauty of the hardware, but also the software. The iPhone is also considered more modern and implements new technological advances in each generation of its products. Supported by an elegant and unique design so that it becomes a special attraction for customers. One of the reasons many people want to compete to buy an iPhone is because of prestige and wanting to get recognition that Apple product users look more classy than other smartphone users, thus making iPhone users more confident.

My thinking is more about managing finances rather than spending them on buying things that don't add value when selling them. Currently buying Bitcoin is much better than buying an iPhone, investing in Bitcoin is more profitable than buying an iPhone, I can still live even if I don't wear branded goods.

hero member
Activity: 1470
Merit: 555
dont be greedy
September 22, 2023, 06:12:08 AM
#86
This is not an invitation to make a purchase, but observing people queuing up to get their hands on an iPhone serves as evidence that Apple hasn't lost its loyal customers, even though the prices it commands may seem high to some of us.

>> iPhone Series 15 sales begin in India, buyers queue up since 4am at Apple stores
>> Apple Stores worldwide — including China — are packed for iPhone 15

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.
The swiftest calculation places it at 12 months, as Apple traditionally unveils its new gadgets in September each year. As for additional variants like the iPhone SE, certainty eludes us. However, let's assume you're purchasing the latest iPhone model for a 2-year period. This means that if the iPhone's price tag is $1000, you should allocate at least $42 each month to ensure that your iPhone doesn't become a financial burden.

In my opinion, the iPhone 16 is likely to debut next year, but support for the iPhone 15 will undoubtedly extend for 2 or 3 more years.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
September 22, 2023, 02:50:16 AM
#85
Recently, Apple officially launched iPhone 15 with many improvements and new features.

  • iPhone 4s – 162 BTC

While the larger version iPhone 15 Plus starts at $899. iPhone 15 Pro will be priced at $999, while the larger version iPhone 15 Pro Max will be priced at $1199, iPhone models will be available for pre-sale on sep 15.

still a good feeling for me that my first iphone4s   purchased back then did not used Bitcoin , instead my December bonus from my first Job , because of does , maybe this will be my biggest frustration in life.
162 bitcoin for 10-13 years, ,
Unfortunately, i had iphone 5 but never had so much bitcoins. I was too young at that times

Which is the actual point of the topic.

 Cool

If you bought 53 Bitcoins instead of your iPhone 5, you could buy 100 iPhones right now and you would still have more Bitcoins left to enjoy the next bull cycle.

You might be having shower-thoughts like, "Is it too late"? I believe NOT. 21,000,000 Bitcoins - Unlimited Fiat, just keep working/saving, then Buy the DIP and HODL.
how we all wish that we have read this thread back those year and believe bitcoin will reach that level same as iphone be having  iphone15 version from apple lol.
I even doubt everyone, including me, what is the certainty that we would have bought bitcoin instead of an iPhone at that time if we did not know its value in the future? That's why many people didn't invest in bitcoin back then, at that time bitcoin was too risky to trust. We only regret when looking back at the past but never had the courage to become a pioneer and take risks. And if we talk about opportunities in life, we have even given up a lot of things, not just bitcoin.

actually most of our posts here mate are just a way to express our bad feeling for not investing in Bitcoin back in the days when we first hear it..
and yes, even if we don;t know about Bitcoin back then yet i will not use mu bitcoin to buy Iphone as I mostly use my credit card in buying mobile or laptop lol.
hero member
Activity: 1554
Merit: 762
September 16, 2023, 02:53:56 AM
#84
It is irrational to buy Bitcoin, a store of value, and an iPhone, a product whose value decreases with use. This is good data for comparison. It is a good data showing that Bitcoin has become the center of our lives in a very short time. If I remember correctly, 2011 was a period when Bitcoin was almost unknown, and with the iPhone 4s, it took phone technology to a different stage.

If i had Bitcoin in those years, i would definitely have bought an iPhone but that's just a case of being short sighted. I can't blame anyone for that. As time passed, Bitcoin awareness increased and the belief in Bitcoin grew stronger day by day. So now you should never buy anything that will not create value with Bitcoin.
hero member
Activity: 1316
Merit: 787
Rollbit - The #1 Solana Casino
September 15, 2023, 11:33:38 PM
#83
-snip-
Prices in each country vary greatly. It's true, it's not about the product.
From a number of price lists for each iPhone product that must be spent to get one iPhone unit, I find it difficult to spend a certain amount of BTC because there are still Android smartphones with pretty good security such as the latest Samsung smartphones if the function of a smartphone is only for communication, social media and for stylish. Using a Samsung Android smartphone is also very easy.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
September 15, 2023, 11:03:50 PM
#82
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.
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.
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.
It's not about the smartphone trend, it's simply that there is a huge difference between buying a smartphone every 1-2 years and 4-5. At this point everybody in the world has a smartphone, is not something that we can renounce. Of course there are several brands, several prices, everyone can find what suits him the best. I like Apple products because they last a lot, I'm seriously considering buying the new iPhone because I'm still using a 2016 iPhone 7 (just to give an idea of ow long they last) and I can update it to the new iOS, also many apps run a little slow and sometimes also when watching a video there is some lag, but besides that it's impressive because it's 7 years old
legendary
Activity: 2338
Merit: 1023
DGbet.fun - Crypto Sportsbook
September 15, 2023, 10:41:44 PM
#81
  • iPhone 4s – 162 BTC
With this amount and its current value, in my country, you would be considered a rich person because you can already own several nice houses and also several luxury cars. And what's even better is that if you are someone who is wise in investing, then you can live quite peacefully until you are old and get passive income from the investments you make, whether in the stock market or property, such as renting out a house.
We don't know if anyone has ever bought an iPhone 4s with Bitcoin, and if he still cares about Bitcoin prices imagine what he is thinking right now.
I know someone who sold 4BTC to buy an item and if he still kept the BTC until now then he could buy more items, but we should enjoy what we have achieved and don't need to feel regretful about the decision taken because However that time we didn't know that BTC could be what it is today because no one can predict the future precisely.

If we are talking about selling bitcoin to buy an iPhone or any other item in the past, why don't we mention the person who spent $10k to buy 2 Pizzas? If he could have kept those bitcoins until now, what would have happened? In my opinion, we should stop talking about past transactions because without those transactions, bitcoin might not be able to perform as well as it does today.

Instead of just always talking about the past without taking any action from now on, which would be even more meaningless, if we already know that bitcoin is very valuable and will be even more valuable in the future, then from now on let's not waste it.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
September 15, 2023, 10:30:10 PM
#80
  • iPhone 4s – 162 BTC
With this amount and its current value, in my country, you would be considered a rich person because you can already own several nice houses and also several luxury cars. And what's even better is that if you are someone who is wise in investing, then you can live quite peacefully until you are old and get passive income from the investments you make, whether in the stock market or property, such as renting out a house.
We don't know if anyone has ever bought an iPhone 4s with Bitcoin, and if he still cares about Bitcoin prices imagine what he is thinking right now.
I know someone who sold 4BTC to buy an item and if he still kept the BTC until now then he could buy more items, but we should enjoy what we have achieved and don't need to feel regretful about the decision taken because However that time we didn't know that BTC could be what it is today because no one can predict the future precisely.
legendary
Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
September 15, 2023, 09:53:33 PM
#79
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.
-snip-
Who knows about the future of Bitcoin at this point?
Buying an iPhone 4s equivalent to 162BTC is just a simulation of how much bitcoin was spent to get an iPhone 4s at that time.

Of course, there will be some investors in the past who sold their Bitcoin and then used to buy an iPhone.
The price of bitcoin is still very cheap and it was a natural thing at that time.

I even sold about 40 BTC in the past to buy my various needs such as a motorcycle, laptop, iPhone, and many more.
I don't regret the sale because it was a cycle that I had to go through.

Holding for the long term has also been done and the target has also been achieved.

Just compare it with the purchase of 1 pizza with 10,000 BTC, it was the first purchase using Bitcoin which has become history to date, but the buyer does not regret the purchase.

What is currently read. Apple is smart to take advantage of the situation with its unique offer by using the method of buying an iPhone using BTC. -snip-
You seem to be misinterpreting this thread.
This thread is not about the method of purchasing an iPhone using Bitcoin.
But this is just a simulation of how much Bitcoin is needed to be able to buy Bitcoin from the era of iPhone 4s to the current iPhone 15.
full member
Activity: 742
Merit: 157
September 15, 2023, 09:33:05 PM
#78
Everyone has a good interest in iPhone. Especially those who use one model are also attracted to another when they get another latest model. Since Bitcoin is a volatile currency, I must depend on its value to purchase an iPhone. Currently the price of Bitcoin is stable at $26000 and is very likely to be bullish. At this point in time I would not purchase a new iPhone with Bitcoin. Moreover, if it is bullish, I will get a higher price of my bitcoins, when i will be financially free by profiting form bitcoin at that moment i can spontaneously buy the iPhone.
full member
Activity: 392
Merit: 130
PredX - AI-Powered Prediction Market
September 15, 2023, 09:05:29 PM
#77
So how much Bitcoin do you need to buy a new iPhone, depending on the year?
Below is the amount of BTC needed to be spent during that period to buy each new iPhone model on launch day:

  • iPhone 15 – 0.031 BTC

While the larger version iPhone 15 Plus starts at $899. iPhone 15 Pro will be priced at $999, while the larger version iPhone 15 Pro Max will be priced at $1199, iPhone models will be available for pre-sale on sep 15.

What is currently read. Apple is smart to take advantage of the situation with its unique offer by using the method of buying an iPhone using BTC. Well, if we buy it now it's really cheap and if the price we buy it now for example iPhone 15 - 0.031 BTC the current price if we are patient hodl BTC I think after the market recovers maybe we can buy 2 iPhone 15... They are indeed clever (Apple Company).
EFS
staff
Activity: 3822
Merit: 2123
Crypto Swap Exchange
September 15, 2023, 08:41:14 PM
#76
In my country iPhone 15 starts at 50.000 TL, that costs 0.0689 BTC. iPhone 15 Plus 512 GB price is 69.000 TL, which costs 0.0951 BTC.
If you can buy iPhone 15 for only 0.031 BTC that means you are very lucky. You can't even buy Samsung Galaxy S22 with that BTC here.
sr. member
Activity: 756
Merit: 454
September 15, 2023, 07:40:01 PM
#75
This is really catchy I must say, having something like 0.031btc and you say I should use it to get an iphone 15? Like why the hell am I going to use such huge amount (I know to some it ain't that huge) to get a device?
Well I think is for those who have enough to spare because I don't think someone who's struggling would think of getting an Iphone 15 for 0.031.
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.
Lol, I know exactly the feeling, I mean who wouldn't smile if they know their portfolio is showing 2BTC I mean if it's me I would definitely smile and for getting iPhone 15 people over here in my country crave for these apple products as of its some kind of supernova phone that can actually make you feel like superman. Lol

And you say I shouldn't get worked up over this same headache? People over here (my country) thinks if they have it they're on top of the world and is like a bragging right or a competition to have it, bro... If I have such amount in my wallet I'll just start up one business that would fetch me something to smile about everyday or better still open a Bitcoin lesson class, at least that would be something reasonable to use such amount of BTC to invest on.
newbie
Activity: 5
Merit: 0
September 15, 2023, 06:55:56 PM
#74
too little
sr. member
Activity: 588
Merit: 253
September 15, 2023, 06:55:32 PM
#73


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.

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.
hero member
Activity: 2282
Merit: 589
September 15, 2023, 06:42:00 PM
#72
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.
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.
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.
sr. member
Activity: 658
Merit: 283
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 15, 2023, 05:55:18 PM
#71
Recently, Apple officially launched iPhone 15 with many improvements and new features.
  • iPhone 4s – 162 BTC
  • iPhone 5 – 53 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.
hero member
Activity: 1498
Merit: 785
September 15, 2023, 05:36:24 PM
#70
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.
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.
hero member
Activity: 1750
Merit: 589
September 15, 2023, 05:20:03 PM
#69
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?
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
September 15, 2023, 04:59:02 PM
#68
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.
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, 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.
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.
legendary
Activity: 3080
Merit: 1353
September 15, 2023, 04:07:16 PM
#67
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.
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, 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.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
September 15, 2023, 01:43:31 PM
#66
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.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
September 15, 2023, 01:35:37 PM
#65
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.
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.
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
September 15, 2023, 01:29:14 PM
#64
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.
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.

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....    
legendary
Activity: 2576
Merit: 2880
Catalog Websites
September 15, 2023, 11:32:47 AM
#63
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.
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.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
September 15, 2023, 03:25:43 AM
#62
This is really catchy I must say, having something like 0.031btc and you say I should use it to get an iphone 15? Like why the hell am I going to use such huge amount (I know to some it ain't that huge) to get a device?
Well I think is for those who have enough to spare because I don't think someone who's struggling would think of getting an Iphone 15 for 0.031.
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.
Lol, I know exactly the feeling, I mean who wouldn't smile if they know their portfolio is showing 2BTC I mean if it's me I would definitely smile and for getting iPhone 15 people over here in my country crave for these apple products as of its some kind of supernova phone that can actually make you feel like superman. Lol
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.

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.
sr. member
Activity: 476
Merit: 337
September 15, 2023, 01:36:47 AM
#61
This is really catchy I must say, having something like 0.031btc and you say I should use it to get an iphone 15? Like why the hell am I going to use such huge amount (I know to some it ain't that huge) to get a device?
Well I think is for those who have enough to spare because I don't think someone who's struggling would think of getting an Iphone 15 for 0.031.
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.
Lol, I know exactly the feeling, I mean who wouldn't smile if they know their portfolio is showing 2BTC I mean if it's me I would definitely smile and for getting iPhone 15 people over here in my country crave for these apple products as of its some kind of supernova phone that can actually make you feel like superman. Lol
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.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
September 14, 2023, 06:59:49 PM
#60
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.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
September 14, 2023, 06:30:07 PM
#59
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.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
September 14, 2023, 05:56:52 PM
#58
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.
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.
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.
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
September 14, 2023, 05:37:55 PM
#57
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.

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.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
September 14, 2023, 03:59:18 PM
#56
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.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
September 14, 2023, 03:33:35 PM
#55
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.
full member
Activity: 406
Merit: 188
September 14, 2023, 03:16:57 PM
#54

  • iPhone 4s – 162 BTC
  • iPhone 5 – 53 BTC
  • iPhone 5s – 5 BTC
  • iPhone 6 – 1.7 BTC
  • iPhone 6s – 2.8 BTC
  • iPhone 7 – 1.1 BTC
  • iPhone 8 – 0.19 BTC
  • iPhone X – 0.14 BTC
  • iPhone XS – 0.15 BTC
  • iPhone 11 – 0.068 BTC
  • iPhone 12 – 0.051 BTC
  • iPhone 13 – 0.018 BTC
  • iPhone 14 – 0.042 BTC
  • iPhone 15 – 0.031 BTC
  • ...
Nice information With the change of time, the price of Bitcoin started to increase rapidly. Bitcoin is really a potential coin. where as every country's currency has depreciated, it has become very difficult for people to buy goods. Bitcoin out there is only growing.  so holding Bitcoin now is one of the best ways to protect yourself from inflation. They have never been able to generate more profits than Bitcoin. And that's why it's possible to start a phone company with the same amount of bitcoins that it took to buy an iPhone 4s
If there's someone do able to know on whats Bitcoins future then to those times where Iphone 4s is the new model then i would definitely be skipping out and buying that 162 Bitcoins instead but we know that no one had anticipated on how far it did shoot up its price in the future and  this is why its normal that people would really be having impressions in regarding about accumulation of coins.Same goes with the present on which the value or numbers might be less but it would really be might be ending up on having those things that happened in the past. Its not really that bad to have the same views or perspective when it comes to this
but of course the accumulation would really be entirely be depending on how much you could really be able to invest on since not all does have the money on doing so.

Investment would really be just in second in priority into those people who doesnt have it or doesnt mind for now because they are still that relying into others but on the time that you would really be standing alone
then you would really be able to find the relevance of investment on which it is really that something that you do need to focus on. Now in the choice whether you should accumulate Bitcoin or not
then its impossible that you cant see those numbers above.

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.
sr. member
Activity: 2226
Merit: 347
September 14, 2023, 02:59:21 PM
#53

  • iPhone 4s – 162 BTC
  • iPhone 5 – 53 BTC
  • iPhone 5s – 5 BTC
  • iPhone 6 – 1.7 BTC
  • iPhone 6s – 2.8 BTC
  • iPhone 7 – 1.1 BTC
  • iPhone 8 – 0.19 BTC
  • iPhone X – 0.14 BTC
  • iPhone XS – 0.15 BTC
  • iPhone 11 – 0.068 BTC
  • iPhone 12 – 0.051 BTC
  • iPhone 13 – 0.018 BTC
  • iPhone 14 – 0.042 BTC
  • iPhone 15 – 0.031 BTC
  • ...
Nice information With the change of time, the price of Bitcoin started to increase rapidly. Bitcoin is really a potential coin. where as every country's currency has depreciated, it has become very difficult for people to buy goods. Bitcoin out there is only growing.  so holding Bitcoin now is one of the best ways to protect yourself from inflation. They have never been able to generate more profits than Bitcoin. And that's why it's possible to start a phone company with the same amount of bitcoins that it took to buy an iPhone 4s
If there's someone do able to know on whats Bitcoins future then to those times where Iphone 4s is the new model then i would definitely be skipping out and buying that 162 Bitcoins instead but we know that no one had anticipated on how far it did shoot up its price in the future and  this is why its normal that people would really be having impressions in regarding about accumulation of coins.Same goes with the present on which the value or numbers might be less but it would really be might be ending up on having those things that happened in the past. Its not really that bad to have the same views or perspective when it comes to this
but of course the accumulation would really be entirely be depending on how much you could really be able to invest on since not all does have the money on doing so.

Investment would really be just in second in priority into those people who doesnt have it or doesnt mind for now because they are still that relying into others but on the time that you would really be standing alone
then you would really be able to find the relevance of investment on which it is really that something that you do need to focus on. Now in the choice whether you should accumulate Bitcoin or not
then its impossible that you cant see those numbers above.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
September 14, 2023, 02:49:35 PM
#52

Nice information With the change of time, the price of Bitcoin started to increase rapidly. Bitcoin is really a potential coin. where as every country's currency has depreciated, it has become very difficult for people to buy goods. Bitcoin out there is only growing.  so holding Bitcoin now is one of the best ways to protect yourself from inflation. They have never been able to generate more profits than Bitcoin. And that's why it's possible to start a phone company with the same amount of bitcoins that it took to buy an iPhone 4s

This was the news know by most of us,the bitcoin and pizza story.If any of us hold pizza worth of bitcoin,now over life will be luxurious one.No one know the potential of bitcoin at that time,So if you suggest again to buy a iPhone with the most valuable bitcoin.Then you may feel in the future for the big loss.If you had money for the investment use the bitcoin as an asset to inverse your money.Holding the bitcoin will be the better option for your future.Even you can hold your savings for your children in term of bitcoin.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
September 14, 2023, 12:36:04 PM
#51
I can't even begin to imagine how many chances people who rush out to get the newest iPhone every time it comes out have lost.
How I wish iPhone users would one day understand the chances they have lost for so long. Instead of purchasing a flashy iPhone that wouldn't increase their fortune, they should have thought about investing in bitcoin.
What I've seen shows that a product can fade away or lose value over time, but an asset like bitcoin will continue to increase in value even after the expensive product has disappeared.
That has nothing to do with buying the newest iPhone, it's about mentality: those people may not buy the last iPhone but probably will spend the same amount of money for a bag or sunglasses or a fancy dinner. If you are used to invest (not necessarily in bitcoin/crypto, even stock market or real estate) you won't spend that money because you know that it's way better to save it and invest it.

At the same time if you buy an iPhone (or other Apple products) from time to time, that could be seen as a great "investment" because they last for a very long time. Right now I'm writing from a 2014 MacBook Pro that I bought used back in 2016 and it still works great, before switching to Apple I was lucky if my laptop would last 3 years...
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
September 14, 2023, 09:20:40 AM
#50
Recently, Apple officially launched iPhone 15 with many improvements and new features.

  • iPhone 4s – 162 BTC

While the larger version iPhone 15 Plus starts at $899. iPhone 15 Pro will be priced at $999, while the larger version iPhone 15 Pro Max will be priced at $1199, iPhone models will be available for pre-sale on sep 15.

still a good feeling for me that my first iphone4s   purchased back then did not used Bitcoin , instead my December bonus from my first Job , because of does , maybe this will be my biggest frustration in life.
162 bitcoin for 10-13 years, ,
Unfortunately, i had iphone 5 but never had so much bitcoins. I was too young at that times

Which is the actual point of the topic.

 Cool

If you bought 53 Bitcoins instead of your iPhone 5, you could buy 100 iPhones right now and you would still have more Bitcoins left to enjoy the next bull cycle.

You might be having shower-thoughts like, "Is it too late"? I believe NOT. 21,000,000 Bitcoins - Unlimited Fiat, just keep working/saving, then Buy the DIP and HODL.
how we all wish that we have read this thread back those year and believe bitcoin will reach that level same as iphone be having  iphone15 version from apple lol.
I even doubt everyone, including me, what is the certainty that we would have bought bitcoin instead of an iPhone at that time if we did not know its value in the future? That's why many people didn't invest in bitcoin back then, at that time bitcoin was too risky to trust. We only regret when looking back at the past but never had the courage to become a pioneer and take risks. And if we talk about opportunities in life, we have even given up a lot of things, not just bitcoin.
hero member
Activity: 2324
Merit: 513
Catalog Websites
September 14, 2023, 06:14:31 AM
#49
I like that chart and data that shows how much BTC those iphones before. The rich folks can just buy how many they want because they can afford.
They're wise because they're already rich so technically, they probably don't need to invest and buy bitcoin anymore.
But a pleb like me, I'll need to endure all of what's happening on this world and the trend setters doing about owning this device.
I'm not buying it, I'm buying BTC!
sr. member
Activity: 1400
Merit: 420
September 14, 2023, 04:38:20 AM
#48

  • iPhone 4s – 162 BTC
  • iPhone 5 – 53 BTC
  • iPhone 5s – 5 BTC
  • iPhone 6 – 1.7 BTC
  • iPhone 6s – 2.8 BTC
  • iPhone 7 – 1.1 BTC
  • iPhone 8 – 0.19 BTC
  • iPhone X – 0.14 BTC
  • iPhone XS – 0.15 BTC
  • iPhone 11 – 0.068 BTC
  • iPhone 12 – 0.051 BTC
  • iPhone 13 – 0.018 BTC
  • iPhone 14 – 0.042 BTC
  • iPhone 15 – 0.031 BTC
  • ...
Nice information With the change of time, the price of Bitcoin started to increase rapidly. Bitcoin is really a potential coin. where as every country's currency has depreciated, it has become very difficult for people to buy goods. Bitcoin out there is only growing.  so holding Bitcoin now is one of the best ways to protect yourself from inflation. They have never been able to generate more profits than Bitcoin. And that's why it's possible to start a phone company with the same amount of bitcoins that it took to buy an iPhone 4s
hero member
Activity: 2086
Merit: 513
DGbet.fun - Crypto Sportsbook
September 14, 2023, 04:22:47 AM
#47
I can't even begin to imagine how many chances people who rush out to get the newest iPhone every time it comes out have lost.
How I wish iPhone users would one day understand the chances they have lost for so long. Instead of purchasing a flashy iPhone that wouldn't increase their fortune, they should have thought about investing in bitcoin.
What I've seen shows that a product can fade away or lose value over time, but an asset like bitcoin will continue to increase in value even after the expensive product has disappeared.


Most of our technology products or consumer goods will lose value over time, not just the iPhone.  and the purpose of buying it is to serve life needs, while bitcoin is an investment.  I find it quite lame to compare these two.

If someone has a low income and a difficult life, but often buys expensive things and does not focus on improving their life, then that person is really a fool to pursue expensive products like the iPhone.  but if a person has a high income and buying a new iPhone is simple for him, why doesn't he have the right to do it?  Because we try to invest and work, isn't it to have a better life?  an iPhone or a car is just one of many other things we strive for as we improve our lives.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
September 14, 2023, 03:14:44 AM
#46
Recently, Apple officially launched iPhone 15 with many improvements and new features.

This is wrong, there are almost no new features in iPhone 15 compared to iPhone 14, they just make the SoC and battery and some other hardware parts a bit better, basically what they should've done last year but they botched it for last year's launch so they had to find a way around it by overclocking parts. This year they are using the "true" upgrades that they should've been using all along.

I don't think they have botched their plan, it's just that they are finding a way to attract users' blood in a perfect way. Even if the iPhone doesn't have significant improvements, users are still willing to spend thousands of dollars to upgrade to the latest model, so they don't need to rush to cram in hundreds of new technologies like Android devices are doing. Nearly all iPhone generations do not have too many significant upgrades, instead they upgrade little by little to create differences between generations. Apple has been really successful in their business strategy, they have convinced users to upgrade even when there are no major upgrades.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
September 14, 2023, 01:52:47 AM
#45
Recently, Apple officially launched iPhone 15 with many improvements and new features.

This is wrong, there are almost no new features in iPhone 15 compared to iPhone 14, they just make the SoC and battery and some other hardware parts a bit better, basically what they should've done last year but they botched it for last year's launch so they had to find a way around it by overclocking parts. This year they are using the "true" upgrades that they should've been using all along.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
September 14, 2023, 01:31:25 AM
#44
Recently, Apple officially launched iPhone 15 with many improvements and new features.





  • iPhone 4s – 162 BTC

While the larger version iPhone 15 Plus starts at $899. iPhone 15 Pro will be priced at $999, while the larger version iPhone 15 Pro Max will be priced at $1199, iPhone models will be available for pre-sale on sep 15.



still a good feeling for me that my first iphone4s   purchased back then did not used Bitcoin , instead my December bonus from my first Job , because of does , maybe this will be my biggest frustration in life.
162 bitcoin for 10-13 years, ,
Unfortunately, i had iphone 5 but never had so much bitcoins. I was too young at that times


Which is the actual point of the topic.

 Cool

If you bought 53 Bitcoins instead of your iPhone 5, you could buy 100 iPhones right now and you would still have more Bitcoins left to enjoy the next bull cycle.

You might be having shower-thoughts like, "Is it too late"? I believe NOT. 21,000,000 Bitcoins - Unlimited Fiat, just keep working/saving, then Buy the DIP and HODL.
how we all wish that we have read this thread back those year and believe bitcoin will reach that level same as iphone be having  iphone15 version from apple lol.
legendary
Activity: 2898
Merit: 1823
September 14, 2023, 01:20:34 AM
#43
Unfortunately, i had iphone 5 but never had so much bitcoins. I was too young at that times


Which is the actual point of the topic.

 Cool

If you bought 53 Bitcoins instead of your iPhone 5, you could buy 100 iPhones right now and you would still have more Bitcoins left to enjoy the next bull cycle.

You might be having shower-thoughts like, "Is it too late"? I believe NOT. 21,000,000 Bitcoins - Unlimited Fiat, just keep working/saving, then Buy the DIP and HODL.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
September 13, 2023, 06:59:25 PM
#42
This is really catchy I must say, having something like 0.031btc and you say I should use it to get an iphone 15? Like why the hell am I going to use such huge amount (I know to some it ain't that huge) to get a device?
Well I think is for those who have enough to spare because I don't think someone who's struggling would think of getting an Iphone 15 for 0.031.
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.
Lol, I know exactly the feeling, I mean who wouldn't smile if they know their portfolio is showing 2BTC I mean if it's me I would definitely smile and for getting iPhone 15 people over here in my country crave for these apple products as of its some kind of supernova phone that can actually make you feel like superman. Lol
sr. member
Activity: 924
Merit: 365
September 13, 2023, 06:14:35 PM
#41
I can't even begin to imagine how many chances people who rush out to get the newest iPhone every time it comes out have lost.
How I wish iPhone users would one day understand the chances they have lost for so long. Instead of purchasing a flashy iPhone that wouldn't increase their fortune, they should have thought about investing in bitcoin.
What I've seen shows that a product can fade away or lose value over time, but an asset like bitcoin will continue to increase in value even after the expensive product has disappeared.
hero member
Activity: 1750
Merit: 904
September 13, 2023, 04:39:10 PM
#40
Isn't it amusing how Apple releases these 'new' models as if they were no big deal? The iPhone 15, just another shiny toy in their ever-expanding lineup. Rather from being an indication of Apple's ingenuity, those BTC values really show how far Bitcoin has come. When the price of an iPhone 4S was 162 BTC, anyone there? Fun times. And now, the iPhone 15 will cost 0.031 BTC? Ooohladoo. Also, those prices for the Pro models? Apple has a great ability to take advantage of people financially. Anyone pre-ordering on the 15th? The 'revolutionary' modifications they've implement this time around seem exciting to me  Tongue
I also find Apple's phones overrated and too expensive for what they are. I don't get why people are so hyped about them; you can find great alternatives for 1/3 of their price. However, this thread isn't to discuss if they're worth it or not. As funny as this data might look, it does the job of explaining how Bitcoin has been statistically proven to increase in price over the course of the years. You can also detect Bitcoin's all-time high near the iPhone's 13 release at the end of September, close to November's $69,000 mark. Certainly, this doesn't guarantee a forever increase in value, but judging by the previous years, it's fair to claim that Bitcoin is likely to gain value in the near future.
hero member
Activity: 1372
Merit: 783
better everyday ♥
September 13, 2023, 02:12:10 PM
#39
Isn't it amusing how Apple releases these 'new' models as if they were no big deal? The iPhone 15, just another shiny toy in their ever-expanding lineup. Rather from being an indication of Apple's ingenuity, those BTC values really show how far Bitcoin has come. When the price of an iPhone 4S was 162 BTC, anyone there? Fun times. And now, the iPhone 15 will cost 0.031 BTC? Ooohladoo. Also, those prices for the Pro models? Apple has a great ability to take advantage of people financially. Anyone pre-ordering on the 15th? The 'revolutionary' modifications they've implement this time around seem exciting to me  Tongue
full member
Activity: 952
Merit: 232
September 13, 2023, 02:04:54 PM
#38
Recently, Apple officially launched iPhone 15 with many improvements and new features.



At Apple's event, the company introduced new products along the iPhone 15 line. The selling price of the iPhone 15 in the US remains the same at $799.

So how much Bitcoin do you need to buy a new iPhone, depending on the year?
Below is the amount of BTC needed to be spent during that period to buy each new iPhone model on launch day:

  • iPhone 4s – 162 BTC
  • iPhone 5 – 53 BTC
  • iPhone 5s – 5 BTC
  • iPhone 6 – 1.7 BTC
  • iPhone 6s – 2.8 BTC
  • iPhone 7 – 1.1 BTC
  • iPhone 8 – 0.19 BTC
  • iPhone X – 0.14 BTC
  • iPhone XS – 0.15 BTC
  • iPhone 11 – 0.068 BTC
  • iPhone 12 – 0.051 BTC
  • iPhone 13 – 0.018 BTC
  • iPhone 14 – 0.042 BTC
  • iPhone 15 – 0.031 BTC
  • ...

While the larger version iPhone 15 Plus starts at $899. iPhone 15 Pro will be priced at $999, while the larger version iPhone 15 Pro Max will be priced at $1199, iPhone models will be available for pre-sale on sep 15.



Such expenses on luxury items should be when one has twice the amount as annual income or when such a device has the potential to yield more than was spent to purchase it.
Else, why spend 0.031 BTC on an iphone 15 when I can easily manage with a smaller brand for now, HoDL my BTC till after the halving or upon getting an equivalent amount from a disciplined DCA strategy till I can afford thrice the device?

Inflation has sure done more in hyping products and services to this effect. If more luxury brands and services offer to accept crypto/BTC as payments, such inflated prices will be easily afforded.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 13, 2023, 01:30:41 PM
#37
I remember the day when I sold my bitcoin just to buy a newly release iPhone 7 plus. It's a bad decision especially when I'm seeing the price list you had list in the OP. Today, my iPhone 7+ is barely hanging without updates coming from apple since it's not supported anymore. Today, where iPhone 15 is release, I know that it isn't worthy selling bitcoin just to buy the current flagship apple product knowing that it depreciate quite fast and the bitcoin bull market that we are anticipating is coming. I would probably stick to my old phone and wait till I profit to buy a new phone I guess. 
legendary
Activity: 1792
Merit: 1296
Crypto Casino and Sportsbook
September 13, 2023, 12:59:14 PM
#36
Maybe it would be better to do a reverse correlation? How much does iPhone 15 (and all other versions of previous generations by year of release) need to pay to get 1BTC? Smiley Make the same list as yours but in the opposite direction.

I don’t need these useless bitten apples and I wouldn’t give up bitcoin (even part) for this, but on the contrary, I would be happy to.

hero member
Activity: 1050
Merit: 592
God is great
September 13, 2023, 12:36:10 PM
#35
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.  Roll Eyes

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?  Huh Huh Tongue
Some people don't think about how this gadgets will become valueless but they just want satisfy their urge by having the latest. Their are some people who knows about bitcoin and how valuable it is, they still find it very difficult to invest their money in Bitcoin or valuable things that will yield more profits.

I think the problem people are having with money is lack of discipline, because I don't see any reason why one will spend a reasonable amount of money on something that will devalue withing a short time.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
September 13, 2023, 11:54:07 AM
#34
What a coincidence, I've seen a post while I was browsing on social media about how much needed to buy the new iPhone 15 Pro Max and that states if it's in bitcoin that should be around 0.048BTC and it has also indicated the amount in other cryptos like ETH which was around 0.78 ETH. Now, we're seeing the true value of Bitcoin and if you guys have probably seen the grocery inflation/deflation of what can a bitcoin buy, we're already coming up to that era. While the goods are dealing with inflation and prices are going up just as these new releases of iPhones. Bitcoin is also having its own phase of deflation as it is having more value and purchasing power.

Unfortunately, i had iphone 5 but never had so much bitcoins. I was too young at that times
Lucky you are, I have never had my own iPhone. LOL.
sr. member
Activity: 632
Merit: 250
http://scientificcoin.com/
September 13, 2023, 11:42:21 AM
#33
Unfortunately, i had iphone 5 but never had so much bitcoins. I was too young at that times
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
September 13, 2023, 11:31:00 AM
#32
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.  Roll Eyes

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.
full member
Activity: 532
Merit: 181
September 13, 2023, 11:08:38 AM
#31
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.
hero member
Activity: 1386
Merit: 513
Payment Gateway Allows Recurring Payments
September 13, 2023, 10:40:09 AM
#30
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.
full member
Activity: 336
Merit: 102
Get Ready to Make money.
September 13, 2023, 10:32:43 AM
#29
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.
hero member
Activity: 2478
Merit: 695
SecureShift.io | Crypto-Exchange
September 13, 2023, 09:46:29 AM
#28
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.  Roll Eyes

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?  Huh Huh Tongue

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  Shocked
legendary
Activity: 2898
Merit: 1823
September 13, 2023, 09:28:45 AM
#27
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.


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.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
September 13, 2023, 09:20:14 AM
#26
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.
hero member
Activity: 700
Merit: 541
Bitcoin Casino Est. 2013
September 13, 2023, 09:16:44 AM
#25
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.
legendary
Activity: 2576
Merit: 1860
September 13, 2023, 08:20:15 AM
#24
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. 
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
September 13, 2023, 07:17:20 AM
#23
Nice, funny statistic.

Also shown how overprice iphones are yet again, even though I also use it  Roll Eyes.

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  Wink Wink. 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.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
September 13, 2023, 06:56:22 AM
#22
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.
hero member
Activity: 784
Merit: 881
Leading Crypto Sports Betting & Casino Platform
September 13, 2023, 06:35:33 AM
#21
Nice, funny statistic.

Also shown how overprice iphones are yet again, even though I also use it  Roll Eyes.

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?
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
September 13, 2023, 06:15:12 AM
#20
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.
sr. member
Activity: 1022
Merit: 363
September 13, 2023, 06:10:02 AM
#19
...
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.
hero member
Activity: 1470
Merit: 555
dont be greedy
September 13, 2023, 06:02:39 AM
#18
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.

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.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
September 13, 2023, 05:42:01 AM
#17
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.
sr. member
Activity: 854
Merit: 327
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 13, 2023, 05:40:07 AM
#16
...
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.
hero member
Activity: 896
Merit: 586
Leading Crypto Sports Betting & Casino Platform
September 13, 2023, 05:26:36 AM
#15
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.

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.
legendary
Activity: 2702
Merit: 4002
September 13, 2023, 05:11:02 AM
#14
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.
hero member
Activity: 714
Merit: 521
September 13, 2023, 05:06:50 AM
#13
Snipped

Buying of iPhone regardless of the year of the maker, there's an important thing to consider when making a decision of such, what are we using the iPhone for, what are the major investments we already had before the thought of buying an iPhone came onboard, am sure you cannot buy bitcoin without having a device to use in handling it, but if you already have one or two devices, why the need of switching to the latest version just for fantasy, when you can actually make an investment with bitcoin with the money used, in cases like this, we can say it's misappropriation in priority investing on liabilities instead of an asset like bitcoin.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
September 13, 2023, 04:51:43 AM
#12
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.

Admittedly, it's largely because the value of bitcoin has increased so rapidly that it makes a difference when compared in this way, but if you think it's unrelated to inflation you're not entirely right. The value of the USD is not held tightly, it also loses value over time and the reason is that inflation is also eroding the value of the USD. If you compare the value of your country's currency with USD, you will see that USD is holding its value very well, but if you look at the value of gold and USD. You will see that it is not gold that is increasing in price, but USD that is losing value. This is similar when comparing USD to bitcoin because USD is printed daily while bitcoin's supply is finite.

Looking at this chart you will see how the value of the USD is depreciating year by year. Bitcoin is the solution.


I can now see where the error is coming from with your explanation and the image attached therein. The truth is that people who are not truly trading, investing or practical with economics and data often mistake what they read from the media. I'm exempt since I've been fully involved in such for almost 20 years now. Besides, the only metric to know the true value of the USD is the "USD index," nothing else, and you can quote me to a real economist on this. It has its own chart that reads the falling and the rising moments. You can get it online and study it yourself about how the power/strength of the USD has been playing out over the years.

Do you know how you are making the mistake? Inflation is internal while the assets you cited are global. You are disregarding the fact that global commodities like gold and crude oil are being priced and influenced by many factors. This is why crude oil, for example, at times could be priced as low as $10 per barrel when there is nothing happening to the status of the USD at all (no inflation/deflation), and at times, the same crude oil could be priced at over $100 per barrel, also without anything happening to the purchasing power of the USD. By this, you are mistaking purchasing power for the dynamics of these assets in that they could have their bearish and bullish moments even when the USD is stable. Take gold for another example, it is an asset, an asset that appreciated in value significantly over the past years. You don't expect the same amount in USD that bought it years back to buy it today when the asset has appreciated. That is why they are investments, people make money from their appreciation, and the purchasing power of the USD is almost totally irrelevant here. 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.
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
September 13, 2023, 04:35:43 AM
#11
iPhone 5 – 53 BTC
iPhone 5s – 5 BTC

Are you sure this isn't a typo? 10x less BTC needs to be paid to buy an iPhone 5s as compared to the iPhone? No shot.

Soon there will be a day when you will have to pay just 0.0047 BTC to get an iPhone, when Bitcoin will be near $170k. Maybe that will be iPhone 17.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
September 13, 2023, 04:27:21 AM
#10
It is a little bit crazy to think that you can get a new iPhone now for such a small amount of BTC. Surely Bitcoiners won’t be spending their BTC on this, but it’s nice to see how extreme the appreciation of BTC has been over the years. Comparing it to iPhones is a decent way to show the increase in valuation over time.
sr. member
Activity: 756
Merit: 454
September 13, 2023, 03:53:22 AM
#9
This is really catchy I must say, having something like 0.031btc and you say I should use it to get an iphone 15? Like why the hell am I going to use such huge amount (I know to some it ain't that huge) to get a device?
Well I think is for those who have enough to spare because I don't think someone who's struggling would think of getting an Iphone 15 for 0.031.
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.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
September 13, 2023, 03:27:41 AM
#8
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.

Admittedly, it's largely because the value of bitcoin has increased so rapidly that it makes a difference when compared in this way, but if you think it's unrelated to inflation you're not entirely right. The value of the USD is not held tightly, it also loses value over time and the reason is that inflation is also eroding the value of the USD. If you compare the value of your country's currency with USD, you will see that USD is holding its value very well, but if you look at the value of gold and USD. You will see that it is not gold that is increasing in price, but USD that is losing value. This is similar when comparing USD to bitcoin because USD is printed daily while bitcoin's supply is finite.

Looking at this chart you will see how the value of the USD is depreciating year by year. Bitcoin is the solution.

hero member
Activity: 644
Merit: 661
- Jay -
September 13, 2023, 03:13:55 AM
#7
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?
If I really needed the phone and liquidating some bitcoins was the only option to get it at the time, I will not regret it at all; hopefully I still have some in my portfolio and I manage to buy some more later when I got more cash flow.
Bitcoin is primarily used as an investment, but it is okay to also use it as a currency as a daily habit where it is accepted.

- Jay -
sr. member
Activity: 1386
Merit: 406
September 13, 2023, 03:05:41 AM
#6
Some people joke that they would have to sell two kidneys to buy the iPhone 15. But you mention something different here. You have discussed here how much btc to buy iphone 15. iPhone 15 pricing may vary by location. iPhone series phones are very expensive when they are first in the market, but after a few days of the same model in the market, its price comes down a lot. If you want to buy the iPhone 15 at the beginning, you will have to spend a lot more money to buy the iPhone 15, but if you want to buy the iPhone 15 a few months after the release of the iPhone 15, you can buy it for a lot less than the initial release price. I'm not telling you how much btc it might cost to buy an iphone fifteen because the price of btc fluctuates from time to time so the current estimate will not match the estimate at the time you buy it.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
September 13, 2023, 02:52:26 AM
#5
@bluebit25

There is a thread before yours with an ongoing discussion about this same topic: Ignore the new Apple toys & Invest in Bitcoin, history always repeat itself.

The best is to lock this thread.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
September 13, 2023, 12:41:11 AM
#4
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.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
September 13, 2023, 12:34:19 AM
#3
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.  Roll Eyes

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?  Huh Huh Tongue
legendary
Activity: 2576
Merit: 1860
September 13, 2023, 12:14:52 AM
#2
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.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
September 12, 2023, 11:46:29 PM
#1
Recently, Apple officially launched iPhone 15 with many improvements and new features.



At Apple's event, the company introduced new products along the iPhone 15 line. The selling price of the iPhone 15 in the US remains the same at $799.

So how much Bitcoin do you need to buy a new iPhone, depending on the year?
Below is the amount of BTC needed to be spent during that period to buy each new iPhone model on launch day:

  • iPhone 4s – 162 BTC
  • iPhone 5 – 53 BTC
  • iPhone 5s – 5 BTC
  • iPhone 6 – 1.7 BTC
  • iPhone 6s – 2.8 BTC
  • iPhone 7 – 1.1 BTC
  • iPhone 8 – 0.19 BTC
  • iPhone X – 0.14 BTC
  • iPhone XS – 0.15 BTC
  • iPhone 11 – 0.068 BTC
  • iPhone 12 – 0.051 BTC
  • iPhone 13 – 0.018 BTC
  • iPhone 14 – 0.042 BTC
  • iPhone 15 – 0.031 BTC
  • ...

While the larger version iPhone 15 Plus starts at $899. iPhone 15 Pro will be priced at $999, while the larger version iPhone 15 Pro Max will be priced at $1199, iPhone models will be available for pre-sale on sep 15.


Jump to: