How much Coca Cola can you buy with 1 Bitcoin in your country? - page 2.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Pollak on November 23, 2015, 06:08:18 AM

Ahh good thinking. It is a well known brand indeed. Don't think I'll be drinking +/- 400 liter of coca cola.

Too much sugar for me. But it's nice to see everyone's outcome

There's a Coke Zero Mate. Sugar free*. I just don't think you will consumed 400 liters of Coke lol.

*Im just not sure if it's really sugar free.

Zz

legendary

Activity: 1820

Merit: 1077

Most of the time they give cola for free but let's say 1 lt. cola is 2 tl. You can buy approx. 500 lt. coca cola for 1 BTC right now.

mouneshwar123

member

Activity: 84

Merit: 10

Large scale, green crypto mining ICO

Current price of BitcoinBTC in India is Rs. 21466.

I can buy 543 litres of coco cola for One Bitcoin Grin

Pollak

full member

Activity: 182

Merit: 100

Pollak

Quote from: Kakmakr on November 23, 2015, 01:24:24 AM

So, If I take a quick average of what we are having here at the moment, you get +/- 400 Lt of Coca Cola for 1 bitcoin. The people who reported 4000+ liters are quite obviously making a mistake somewhere. Those calculations must be wrong somewhere.

I used Coca Cola as the product for this, because it is a global product with huge distribution and a well known brand.

Keep it coming.. Let's be creative with this. Cheesy

Ahh good thinking. It is a well known brand indeed. Don't think I'll be drinking +/- 400 liter of coca cola.

Too much sugar for me. But it's nice to see everyone's outcome

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

This is clever, like the Big Mac Index produced in economics to illustrate pricing parity across Nations.

http://www.economist.com/content/big-mac-index/

Kakmakr

legendary

Activity: 3514

Merit: 1963

Leading Crypto Sports Betting & Casino Platform

So, If I take a quick average of what we are having here at the moment, you get +/- 400 Lt of Coca Cola for 1 bitcoin. The people who reported 4000+ liters are quite obviously making a mistake somewhere. Those calculations must be wrong somewhere.

I used Coca Cola as the product for this, because it is a global product with huge distribution and a well known brand.

Keep it coming.. Let's be creative with this. Cheesy

Hugroll

hero member

Activity: 756

Merit: 500

lets see a 2L bottle here is about $1.99 CAD, or about 1.55 USD. each bitcoin is ~320, meaning i could buy around 206 of these bottles, and that turns out to be 412L of coca cola with 1btc Cheesy

.

thefaucetrunner

sr. member

Activity: 714

Merit: 250

Defend Bitcoin and its PoW: bitcoincleanup.com

Maybe 2000 litres? Grin

That's a reasonable estimate, assuming the average 2l bottle costs around $2.

indahkfi

newbie

Activity: 49

Merit: 0

indonesia
316$ = 4326988.00
1 litter = 7500
1 bitcoin = 577 litters

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Average price over here is 1.50$ for 2 liter Coke. So it's about 0.00462 bitcoin per bottle, which means you can buy 216 bottles, or 432 liter of coke with 1 btc.
Amazing how much cheaper it is in the most of the world. We always have higher prices, and lower wages than the average..

WhatTheGox

legendary

Activity: 812

Merit: 1000

I wouldn't drink a bottle of coke crap if you paid me 1 bitcoin:

https://www.youtube.com/watch?v=LZp29Qeu8_U

calkob

hero member

Activity: 1092

Merit: 520

Quote from: Erkallys on November 21, 2015, 08:51:29 AM

I'm wondering how you can do those maths. The price of 1L of Coca-Cola varies a lot from a supermarket to another. At least here, in France.

Easy take an average........?

sgbett

legendary

Activity: 2576

Merit: 1087

Bitstamp 1BTC is $324.70, which is £213.75

1.75L coke is £1.29

£213.75 / £1.29 = 165.7
165.7 Bottles x 1.75L = 289.97L

So, in the UK: 1BTC buys ~290L Coke

It also gets you about 45 Gallons of petrol (gas), Im not sure if that says more about what bitcoin is worth, or how expensive fuel is in the UK Wink

RealPhotoshoper

legendary

Activity: 1050

Merit: 1001

i believe in my country 1 liter coc cola was 0.0023 = $0.8
and if get 1BTC,its equal more than 400 liters coca cola,or more than 400 bottles Grin

Snorek

legendary

Activity: 1400

Merit: 1001

So you want to create your own version of Big Mac PPP. Only with bitcoin and with Coca Cola... Interesting idea but not viable due to bitcoin volatile properties.
Every calculation based on bitcoin need to be constantly updated and are shifting far more than FIAT currency. In addition in some countries Coca Cola is cheaper than Water: Mexico for example.

ThunderThomas

full member

Activity: 210

Merit: 100

fastdice.com The Worlds Fastest Bitcoin Dice

1 bitcoin will get me around 400 liters of coca cola

Which would last for years since for part I only drink water and tea.

Besides the rare occasion of drinking rum and coke.

ad2042

newbie

Activity: 30

Merit: 0

In my country ie. India i can buy 580 liters of coca cola.

Rude Boy

hero member

Activity: 770

Merit: 500

In india, 1 lit of coca cola (with plastic bottle) = Rs.37.
And i got btc price for indian rupees (inr) from google is 1 BTC = Rs. 21602.4216 (roundup the value to Rs. 21600)
So i can buy 21600/37 = 583.78 lit of coca cola Tongue

Erkallys

legendary

Activity: 1120

Merit: 1004

So, 1 BTC is equal to 308,4€ according to Preev. 1L cost around 1,10€.

308,4/1,1=~280L. So, with 1 BTC, I can buy around 280L of Coca-Cola.

We can see a huge price gap between countries. The price of world brand products indicates the level of development of a country, even if it can vary due to local standards (cf. Germany). Another good example is the price of a Big Mac.

sj2199

hero member

Activity: 797

Merit: 500

BBOD fast, non-custodial & transparent Exchange

in my country i can buy around 540 liters of coca-cola with 1btc>326 dollars

Topic: How much Coca Cola can you buy with 1 Bitcoin in your country? - page 2. (Read 4019 times)