How much Coca Cola can you buy with 1 Bitcoin in your country?

Febo

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Quote from: Kakmakr on November 20, 2015, 01:32:23 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. Wink

# I see some people struggle with the math. Cry

< 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} ?

I think there is none country on the world where coca cola would be so expensive you would not die if you would drink for 1 bitocin of cocacola. Even 0.1 BTC can be a deadly dose in most of countries.

galdur

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I could presently buy about 250 two-liter bottles, so about 500 liters. Maybe up to 550 occasionally when there are some deals I guess. Don´t follow it very much.

bearex

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I can buy around 500 bottles of 0.5L coca cola in my country Cheesy

.

knowhow

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Well coca cola at Brazils is costing around 1.57 dollars for 2 lt of coca cola im confused and well we cant compare the price of it since there severay different plastic and promotions and others things to be considered into this.

n2004al

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Quote from: Kakmakr on November 20, 2015, 01:32:23 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. Wink

# I see some people struggle with the math. Cry

< 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} ?

First must be told that there are to many kind of plastic bottles in which Coca Cola is sold. Then are even the Coca Cola cans. And to do the calculation for all those I need to be paid for my day work. I will pick only one of the bottles. The one which is 1 liter. If agree that this moment 1 bitcoin worth about 325 us dollar in my country can be bought almost 330-340 bottles of 1 liter Coca Cola. Because one of this bottles full of Coca Cola cost a little (but very little) less than 1 us dollar. As for the other formats I'll be ready to calculate all those when the Op will give me only 1 bitcoin. Wink

EternalWingsofGod

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Quote from: NorrisK on November 25, 2015, 02:52:48 AM

Quote from: EternalWingsofGod on November 24, 2015, 09:28:52 PM

I'll use a baseline on this
The price of 1 Bitcoin in my country is $438 Dollars, a bottle of 2 L cola on sale if I'm lucky is 0.99 cents + Deposit 0.1 + Taxes 0.05 = $1.14
$438/1.14 = 384 Times
384 2 L Coca Colas * 2 = 768 Litres of Coke for one Bitcoin.

If I don't wait for a sale its 1.97 + 15 c = 2.12 = 206 *2 = 412 L so there is a big variance
Someone should make a ranking index later

So somewhere between
412 L to 768 L of Coca Cola

But you get the deposit back when you turn in the bottles again right? So you will be able to buy a couple of extra bottles again.

Better to leave the deposit out for your calculations then

Fair enough Norrisk if I add in deposit and then buy more coca cola my range would grow it would take a lot of rebalancing though so your right it makes sense to ignore it, in the end with deposit I think it would deviate due to compounding every time I buy more coke with the deposit and end up with a few liters +- more that said I noticed I made a math error last time and put in a 5 instead of a 4 so I was wondering why it ended up at 512 L again turns out 10 cents in this calculation is 100 L from 2.12 and 2.02 haha

Recaluclated that makes real costs 1.04 to 2.02
That makes the litre range change from 512 L to 822 L of coke

512L to 822 L of Coca Cola
Math
438/1.04= 421*2L Bottle = 822 L
438/2.02= 216*2L Bottle = 512 L

lemipawa

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Quote from: harizen on November 20, 2015, 02:32:49 AM

1.5 Liters of Coke cost around BTC0.00333454 here in my country as of the current exchange rate.

So if I have BTC1, I can purchase ... damn can't do the Math lol.

Dude that's 299 bottles of a 1.5 liter Coca Cola in your Country or if you want it in liters, then that's 448.5 liters and 179,400 calories (1 liter of Coca Cola is equal to 400 calories).

TTMNewsMJ

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It depends on the price of the Coca Cola in your country..
Maybe you can buy 3000 liters or more with just 1btc

Betwrong

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I stand with Ukraine.

The price of the Coca Cola in my town varies from place to place almost like Bitcoin from time to time.

But if we take the cheapest possible Coca Cola which would be $0.64 for for 2 litres and the current price of Bitcoin which is $318 then the answer to the question "How much Coca Cola can you buy with 1 Bitcoin in your country? " is

935 litres

NorrisK

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Quote from: EternalWingsofGod on November 24, 2015, 09:28:52 PM

I'll use a baseline on this
The price of 1 Bitcoin in my country is $438 Dollars, a bottle of 2 L cola on sale if I'm lucky is 0.99 cents + Deposit 0.1 + Taxes 0.05 = $1.14
$438/1.14 = 384 Times
384 2 L Coca Colas * 2 = 768 Litres of Coke for one Bitcoin.

If I don't wait for a sale its 1.97 + 15 c = 2.12 = 206 *2 = 512 L so there is a big variance
Someone should make a ranking index later

So somewhere between
512 L to 768 L of Coca Cola

But you get the deposit back when you turn in the bottles again right? So you will be able to buy a couple of extra bottles again.

Better to leave the deposit out for your calculations then

EternalWingsofGod

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I'll use a baseline on this
The price of 1 Bitcoin in my country is $438 Dollars, a bottle of 2 L cola on sale if I'm lucky is 0.99 cents + Deposit 0.1 + Taxes 0.05 = $1.14
$438/1.14 = 384 Times
384 2 L Coca Colas * 2 = 768 Litres of Coke for one Bitcoin.

If I don't wait for a sale its 1.97 + 15 c = 2.12 = 206 *2 = 412 L so there is a big variance (Fixed from 512)
Someone should make a ranking index later

So somewhere between
412L to 768 L of Coca Cola

Nunu

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Quote from: Kakmakr on November 20, 2015, 01:32:23 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. Wink

# I see some people struggle with the math. Cry

< 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} ?

The question is... does the seller accept bitcoin in exchange for a bottle of Coca-Cola?

If the Coca-Cola Company accepts bitcoin as payment then we should buy lots of it. Shocked

equator

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at the todays current price then in india i will be getting approximately around 450 and if i wait and by at the festive session then i will get a good offer if i buy this much in bulk then it can go double. Grin

mskryxz

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515

AtheistAKASaneBrain

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I am in Japan so it's about 1 dollar per 0.33l can or bottle so about 325 cans of 0.33l which give us a total result of around 107 liters of coke. That is way too much coke, my stomach hurt just from thinking about drinking that much. I haven't drank coke in a lot of years, only very sporadically when I go to eat a burger (if you are going to eat fast food then why not add a coke).

rivoke

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I can buy more than enough since my economic still struggle these day.... Sad

May it cause by terorist attack and weak economic fundamental

Kprawn

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Quote from: smith coins on November 23, 2015, 12:05:43 PM

Well firstly it depends for what coca cola do we talk, 0.33L, 0.5L, 1.25L, or 2L.
And it depends when will you spent these bitcoins to buy coca cola.
Currently with 1 BTC i can buy 612 Coca Cola 0.5L, but i think i would get cheaper when buying in bulk

Do you have different prices for different sizes of bottles? If you take the content of those bottles and you round it off to 1 liter, would the prize differ? So you divide the content

into milliliter and then work out what a litter would be. Let's take 0.5L or 500 milliliters for instance... 2 x 0.5L = 1L .... So you would be buying 306 liters of Coca Cola with 1 BTC

in your country. Wink

....round it off to Liters not bottle sizes. Roll Eyes

smith coins

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Well firstly it depends for what coca cola do we talk, 0.33L, 0.5L, 1.25L, or 2L.
And it depends when will you spent these bitcoins to buy coca cola.
Currently with 1 BTC i can buy 612 Coca Cola 0.5L, but i think i would get cheaper when buying in bulk

bitcoinmar

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I can buy 600 Liter coca cola in my country we have 1 liter bottle so mean I can buy a stock for many months Cheesy

TastyChillySauce00

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can buy around 800 bottles(around 1000 liters of cola) here,why cola on your country was really cheap?, i'll be happy if the price was the same

harizen

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Quote from: Pollak on November 23, 2015, 05:08:18 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

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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

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Current price of BitcoinBTC in India is Rs. 21466.

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

Pollak

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Pollak

Quote from: Kakmakr on November 23, 2015, 12:24:24 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

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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

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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

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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

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Maybe 2000 litres? Grin

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

indahkfi

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

ajareselde

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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

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

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

calkob

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Quote from: Erkallys on November 21, 2015, 07:51:29 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

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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

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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

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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

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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

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

Rude Boy

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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

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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

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

Digit-0

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Quote from: Erkallys on November 21, 2015, 07:51:29 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.

Well you know, is just an estimate price, dont need to be exactly.

Quote from: yenxz on November 20, 2015, 12:55:33 PM

1 liter coca cola = 0.0023 Btc
1 BTC = more than 400 liters coca cola
Its equal 400 bottles Cheesy

Hehe my maths ( here in my country ) told me the same, i mean we have more of less the same prices, 1btc is a lot of liters of coca cola Wink

Erkallys

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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.

calkob

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Quote from: franky1 on November 20, 2015, 01:47:00 AM

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

2 litre coca cola == 0.0046 Btc
ipad == 1.5490 Btc
Bigmac mel == 0.0165 Btc
Subway footlong == 0.0179 Btc

1 litre cola == 0.0023
1BTC == 434.78 litres of coke cola

Grin

Blawpaw

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well that would buy me a lot of coke. but I guess at the current price I would be able to buy about 4100 Lts of coca cola

BitMaxz

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Here in my country 1liter of coca cola is 20 php or worth of 0.001322 bitcoins so 0.001322 dived to 1 bitcoin is 756.4296520423601
or lets say 756 liters per 1 bitcoin..
Summary:
1 Liter = 0.001322
1 BTC/0.001322 = 756.4296520423601 (756)
So i can buy 756 liters in 1 bitcoin...

yenxz

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1 liter coca cola = 0.0023 Btc
1 BTC = more than 400 liters coca cola
Its equal 400 bottles Cheesy

DarkHyudrA

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Quote from: franky1 on November 20, 2015, 05:45:36 AM

the bitcoin purchase price index, looks good. especially when things get more measured in spendable value of actual items and not directly fiat.

http://bitcoinppi.com/

Never heard of it, it's pretty nice that it have so much countries.

@Topic
Each 2 liters costs 0.00415
So... 2 / 0.00415 = 480+/- liters of Coca Cola

Nahl

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if we see with the current price $320 and the price 2 Lt of bottle coca cola in my country is $1,5
so with 1 btc i can buy 426 Lt coca cola

bobmarley650

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540 (330cc coca cola) in Turkey

Daniel91

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So, about 160 bottles in my country, Croatia, if I calculated it well

1 bottle is about 1,5 $.

dothebeats

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Coke in pet bottles is counted right? 1 coke costs 25 pesos (prices are varying nationwide) and 1 bitcoin in our country is 14520 (or $330). In total, only 580.8 bottles can be bought with 1 bitcoin here in our country.

Btw, 1 pet bottle = 320 mL.

USB-S

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Quote from: Mickeyb on November 20, 2015, 11:49:36 AM

Ok, this is interesting!

Here where I live, in France, 1 bottle of Coca-Cola (2 litres) cost €1.79. That means that I can buy 335 litres of Coke for 1 bitcoin!

Remember the fact that some poor dude bough 1 pizza for 10k bitcoins. In the future you could probably buy tonnes of coke(the drink or the narcotic) with a single bitcoin.

Mickeyb

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Move On !!!!!!

Ok, this is interesting!

Here where I live, in France, 1 bottle of Coca-Cola (2 litres) cost €1.79. That means that I can buy 335 litres of Coke for 1 bitcoin!

shorena

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No I dont escrow anymore.

I can buy 434 Liters of Coca Cola (2L a bottle) with 1 Bitcoin at the current price. < €302 / BTC >

~Bitcoin~

legendary

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1BTC = 222$ (right now)
1$ = 100 rs
2lit coca cola bottle = 150rs
1 lit = 75rs

So with 22200 rs we can buy 296 litre coca cola here in Nepal.

newcoins1978

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Quote from: NorrisK on November 20, 2015, 02:39:52 AM

Quote from: harizen on November 20, 2015, 02:32:49 AM

1.5 Liters of Coke cost around BTC0.00333454 here in my country as of the current exchange rate.

So if I have BTC1, I can purchase ... damn can't do the Math lol.

Just devide 1 by 0.00333545 and you end up with 299.9 bottles of coke.

Here you can buy a four pack of 1.5 liter bottles for 5 euro.

So 6 liters is 4 euro. (310 / 4) * 6 = 465 liters of coke for 1 bitcoin.

And that is in the Netherlands, not too bad.

That seems correct for euro's

But really guys, does your body really need that much sugar?

Amph

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i would buy water instead, much more healthy, actually with my new diet i don't even need water or anything like that, this is the definition of saving money, cutting on the uselesses stuff

if you really want coke i would take the one without caffeine seems the better one it cost slightly more though, i think it was 1.5 euro per 1.5L or something around that

Kprawn

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Would it not be great, if someone with a spare bitcoin, could go out there and buy the amount of Coke he or she can buy with 1 Bitcoin and donate it to charity? The publicity for

this, could be good for us, with all the negative publicity we are getting currently. It will also raise awareness of how valuable 1 Bitcoin are currently and it shows the purchasing

power of the currency. { Publish a photo of all the Cola you bought and the charity you are giving it too } Grin

In my country I can buy 400 lt of Cola for 1btc Grin

{ More than 1 lt for each day of the year }

richardsNY

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Genuine Coca Cola costs €1.80 for a 2 liter bottle. Which means I can buy myself around 167 bottles of each 2 liter. The cheaper coke's cost €1 per 3 liter bottle Cheesy

Jeremycoin

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𝓗𝓞𝓓𝓛

Quote from: ABCbits on November 20, 2015, 08:55:37 AM

In indonesia, 1.5L coca-cola is Rp10.000 (most worth to buy), so it's Rp6.666/L
Bitcoin price in my local exchange is Rp4.359.400

So, i can buy 436 bottles or 654L of coca cola Roll Eyes

Maybe i can take a bath with it Tongue

Actually, it's 13.500 IDR.
Maybe 10.000 IDR is in a discount price

ABCbits

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In indonesia, 1.5L coca-cola is Rp10.000 (most worth to buy), so it's Rp6.666/L
Bitcoin price in my local exchange is Rp4.359.400

So, i can buy 436 bottles or 654L of coca cola Roll Eyes

Maybe i can take a bath with it Tongue

HardForkComing

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Such coincidence and originality.

https://bitcointalksearch.org/topic/how-many-bubblegums-can-you-buy-with-1-btc-in-your-country-1255736

foxkyu

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Here is in my country :
1 liters Cola-Cola is worth Rp.8000
1 bitcoin is $320 = Rp.4.355.200

So with 1 bitcoin i can get 544 bottle coca-cola.

Blind Legs Parker

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Ok so in Taiwan 1 BTC = 10,530 NT (321 USD).
One 2l bottle of coke is 37 NT.
-> 1 BTC allows me to buy roughly 569l of coke.

rgm108

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Quote from: Sir Lagsalot on November 20, 2015, 02:32:37 AM

In South Africa, 1 liter of Coke is 13 ZAR. 1 Bitcoin is currently worth 4,437 ZAR. So 1BTC buys 341 liters of tooth decay.

edit: rgm108, howzit boet. sure about those numbers?

PnP online shows R10 for a 2 liter coke so I used that in my calcs.
Never drink the stuff so that's my only reference.
Of more interest to me would be the amount of beer I can buy. If I go this route I can buy around 79 six-packs / just over 3 cases.

yoona

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Quote from: franky1 on November 20, 2015, 05:45:36 AM

the bitcoin purchase price index, looks good. especially when things get more measured in spendable value of actual items and not directly fiat.

http://bitcoinppi.com/

Nice recommendation site franky!
Sadly i cant see local ppi for my country which is singapore

franky1

legendary

Activity: 4410

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the bitcoin purchase price index, looks good. especially when things get more measured in spendable value of actual items and not directly fiat.

http://bitcoinppi.com/

iv4n

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I'm from Serbia, coca cola cost here 1.1 euro for 2 litars. So for one bitcoin I can buy almost 300 bottles and that is 600 litars of coca cola for 1 bitcoin.

1Referee

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Coca Cola here per liter costs around €1.50. 1BTC is worth €300 which means I can buy 200 liters Coca Cola.

faridkifly

sr. member

Activity: 294

Merit: 250

i guess in my country i'll get 300 bottles(1,5 Litres) of coca cola.
I think it is enough to create a pool of coke Tongue

intristin

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Digital Credits

Quote from: Sir Lagsalot on November 20, 2015, 02:44:23 AM

Quote from: franky1 on November 20, 2015, 01:47:00 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

I like this plan. Good idea, OP.

I'd make it 1 liter of Coke (for ease of calculation) and take off Subway. How about 1 liter of gasoline / petrol instead? 1 kWh of electricity is another possibility.

Doing liters of coke is good because almost everyone on the planet measures soda in liters. Gas, milk, almost everything else on the other hand is measured in gallons or quarts here in the US. It would be too confusing to the average American to calculate that. iPads are pointless as 1 bitcoin can't buy 1 iPad anywhere on the planet as far as I know.

So anyway, a 2 liter of coke here in New York City is around $2.45 with tax. so that means at $320 a bitcoin I could buy 130.6 2 liters, or around 261 liters.
big macs here are $3.99 without the meal. I could buy 80 of them.
A footlong is $5, so I could buy 64 of them. I don't think they have foot longs outside the U.S. do they?

LuckyYOU

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Quote from: TipZ on November 20, 2015, 02:45:30 AM

I could buy 289 liter of coca cola.

Assuming that 1.5l is 1.03€, and 1btc is 298.

Same here!

But why buy coca cola when you can drink water plus it's free Tongue

NorrisK

legendary

Activity: 1946

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Quote from: TipZ on November 20, 2015, 02:45:30 AM

I could buy 289 liter of coca cola.

Assuming that 1.5l is 1.03€, and 1btc is 298.

Dont forget to multiply the bitcoin per bottle by 1.5. You are using 1.5 liter bottles, not 1 liter bottles, so your calculations are off by a factor 1.5! Wink

Looks like coke is quite similar in price in most countries, except for some poorer ones.

franky1

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Quote from: Sir Lagsalot on November 20, 2015, 02:32:37 AM

In South Africa, So 1BTC buys 341 liters of tooth decay.

Quote from: harizen on November 20, 2015, 02:32:49 AM

1.5 Liters of Coke cost around BTC0.00333454 here in my country as of the current exchange rate.

So if I have BTC1, I can purchase ... ~~damn can't do the Math lol.~~ 451 ltrs

my maths for me:
UK: 414.5ltrs for 1btc

TipZ

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I could buy 289 liter of coca cola.

Assuming that 1.5l is 1.03€, and 1btc is 298.

Sir Lagsalot

sr. member

Activity: 323

Merit: 250

The lion roars!

Quote from: franky1 on November 20, 2015, 01:47:00 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

I like this plan. Good idea, OP.

I'd make it 1 liter of Coke (for ease of calculation) and take off Subway. How about 1 liter of gasoline / petrol instead? 1 kWh of electricity is another possibility.

NorrisK

legendary

Activity: 1946

Merit: 1007

Quote from: harizen on November 20, 2015, 02:32:49 AM

1.5 Liters of Coke cost around BTC0.00333454 here in my country as of the current exchange rate.

So if I have BTC1, I can purchase ... damn can't do the Math lol.

Just devide 1 by 0.00333545 and you end up with 299.9 bottles of coke.

Here you can buy a four pack of 1.5 liter bottles for 5 euro.

So 6 liters is 4 euro. (310 / 4) * 6 = 465 liters of coke for 1 bitcoin.

And that is in the Netherlands, not too bad.

Cubic Earth

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Quote from: rgm108 on November 20, 2015, 02:23:20 AM

I can buy 897.44 liters of Coca Cola. EDIT: for 1 BTC

People - the above ^^^^ is the appropriate format the results should be listed in.

I can buy "many many" liters of Coca Cola with 1 BTC.

Maybe the OP can update the instructions to make this more clear?

Great thread, BTW.

harizen

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Activity: 3122

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For support ➡️ help.bc.game

1.5 Liters of Coke cost around BTC0.00333454 here in my country as of the current exchange rate.

So if I have BTC1, I can purchase ... damn can't do the Math lol.

Sir Lagsalot

sr. member

Activity: 323

Merit: 250

The lion roars!

In South Africa, 1 liter of Coke is 13 ZAR. 1 Bitcoin is currently worth 4,437 ZAR. So 1BTC buys 341 liters of tooth decay.

edit: rgm108, howzit boet. sure about those numbers?

mexxer-2

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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.

rgm108

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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

franky1

legendary

Activity: 4410

Merit: 4788

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

Shibashi Dogemoto

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Activity: 840

Merit: 1000

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.

Blind Legs Parker

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Activity: 2016

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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.

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

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. Wink

# I see some people struggle with the math. Cry

< 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} ?

Topic: How much Coca Cola can you buy with 1 Bitcoin in your country? (Read 4063 times)