Eh, I like freeway better. Never had coca cola, damn I haven't even looked at its price. Will edit this post when I go to a grocery store next time.
BTW this should be something like "How long can one bitcoin sustain you?" , then it would be something like 13-18 days for me.
Topic: How much Coca Cola can you buy with 1 Bitcoin in your country? - page 5. (Read 4019 times)
November 20, 2015, 03:29:37 AM
November 20, 2015, 03:23:20 AM
Assuming BTC price of $316 and an exchange rate of ZAR14.20/1USD...
I can buy 897.44 liters of Coca Cola. EDIT: for 1 BTC
I can buy 897.44 liters of Coca Cola. EDIT: for 1 BTC
November 20, 2015, 02:47:00 AM
ok folks this could turn out to be a great thing..
lets pick a few internationally standard products and create a consumer price index for bitcoin:
1) 2litre bottle of coca cola (the most standardized size internationally)
2) apple ipad
3) McDonalds bigmac meal
4) subway foot-long
then put the values together to equate to a bitcoin consumer price index for each region
lets pick a few internationally standard products and create a consumer price index for bitcoin:
1) 2litre bottle of coca cola (the most standardized size internationally)
2) apple ipad
3) McDonalds bigmac meal
4) subway foot-long
then put the values together to equate to a bitcoin consumer price index for each region
November 20, 2015, 02:42:10 AM
in my country, cola seems to be around 1.7€/litre... Depending on the package, it can cost a lot more (when it's packaged in small tin cans vs big reusable glass bottles).
1BTC is around 300 euro.
So, 1 bitcoin would buy you about 176 litres.
4000 litres would cost 22.7BTC
EDIT: after some research, it seems that with some promotion, in the cheapest shops, cola can go as low as 1.21€/litre... my shop sells it for 1.7€/litre tough.
1BTC is around 300 euro.
So, 1 bitcoin would buy you about 176 litres.
4000 litres would cost 22.7BTC
EDIT: after some research, it seems that with some promotion, in the cheapest shops, cola can go as low as 1.21€/litre... my shop sells it for 1.7€/litre tough.
November 20, 2015, 02:39:47 AM
Are you talking about 60cl bottles worth 29NT or 2l bottles worth 37NT now? Because it makes a difference.
How about you convert it to a standard meal at Mc Donald's? Or the price for a fixed quantity of bread, which would sound less American-centered and more down-to-earth regarding what people primarily need (and thus more reliable regarding their purchasing power). Unlike franky I still think bread is a more reliable tool for this kind of experience.
How about you convert it to a standard meal at Mc Donald's? Or the price for a fixed quantity of bread, which would sound less American-centered and more down-to-earth regarding what people primarily need (and thus more reliable regarding their purchasing power). Unlike franky I still think bread is a more reliable tool for this kind of experience.
November 20, 2015, 02:32:23 AM
Let's have some fun with Bitcoin. Most countries in the world sell Coca Cola. It is a global brand.
Now I know, there are a different units of measurement used by different countries, so this would make it a bit complex, but for the sake of this experiment, let's convert the quantity to the same amount of liquid.
1 x Liter = 0.264172051242 gallons.
So your answer might look like this :
I can buy 4000 Liters of Coca Cola with 1 Bitcoin at the current price. < $316 / BTC >
Let's keep it simple, just to show people the actual value of 1 Bitcoin.
Edits :
#The 4000 liters was just a example... rather insert your quantity / amount you can buy with 1 Bitcoin there at the current price, when you calculated it.
# Like one of the posters did it already : I can buy 897.44 liters of Coca Cola for 1 BTC
*Thanks rgm108
# If you live in another country and you use for example galon, just convert it or put the liters in brackets.
# I see some people struggle with the math.
< Just post your cost and we will help you >
# Also, let's not get to technical - Use bottled Coca Cola not the fake Coca Cola they mix at the Vendor. {Plastic bottles seems to be the cheapest} ?
Now I know, there are a different units of measurement used by different countries, so this would make it a bit complex, but for the sake of this experiment, let's convert the quantity to the same amount of liquid.
1 x Liter = 0.264172051242 gallons.
So your answer might look like this :
I can buy 4000 Liters of Coca Cola with 1 Bitcoin at the current price. < $316 / BTC >
Let's keep it simple, just to show people the actual value of 1 Bitcoin.
Edits :
#The 4000 liters was just a example... rather insert your quantity / amount you can buy with 1 Bitcoin there at the current price, when you calculated it.
# Like one of the posters did it already : I can buy 897.44 liters of Coca Cola for 1 BTC
*Thanks rgm108
# If you live in another country and you use for example galon, just convert it or put the liters in brackets.
# I see some people struggle with the math.
< Just post your cost and we will help you > # Also, let's not get to technical - Use bottled Coca Cola not the fake Coca Cola they mix at the Vendor. {Plastic bottles seems to be the cheapest} ?
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