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

[Kakmakr]

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. <Just convert your unit of measure to say Liters and put it in brackets>

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} ?

[Blind Legs Parker]

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.

[Shibashi Dogemoto]

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.

[franky1]

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

[rgm108]

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

[mexxer-2]

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.

[Sir Lagsalot]

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?

[harizen]

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.

[Cubic Earth]

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.

[NorrisK]

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.

[Sir Lagsalot]

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.

[TipZ]

I could buy 289 liter of coca cola.

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

[franky1]

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

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

[NorrisK]

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!

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

[LuckyYOU]

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 

[intristin]

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?

[faridkifly]

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  

[1Referee]

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

[iv4n]

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.

[franky1]

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/