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Author Topic: How much Coca Cola can you buy with 1 Bitcoin in your country?  (Read 3969 times)
Possum577
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November 23, 2015, 06:13:40 AM
 #61

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/

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November 23, 2015, 10:08:18 AM
 #62

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

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November 23, 2015, 10:41:49 AM
 #63

Current price of BitcoinBTC in India is Rs. 21466.

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

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November 23, 2015, 02:26:36 PM
 #64

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.
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November 23, 2015, 02:30:43 PM
 #65



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. Smiley

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November 23, 2015, 04:56:36 PM
 #66

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

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November 23, 2015, 05:00:34 PM
 #67

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
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November 23, 2015, 05:05:43 PM
 #68

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 Smiley
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November 23, 2015, 05:20:48 PM
 #69

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 Smiley

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

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November 23, 2015, 05:54:52 PM
 #70

I can buy more than enough since my economic still struggle these day.... Sad
May it cause by terorist attack and weak economic fundamental
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November 23, 2015, 05:58:38 PM
 #71

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).
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November 23, 2015, 08:26:20 PM
 #72

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November 23, 2015, 10:58:46 PM
 #73

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
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November 24, 2015, 02:08:27 AM
 #74

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.  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

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November 25, 2015, 02:28:52 AM
Last edit: November 25, 2015, 09:02:48 AM by EternalWingsofGod
 #75

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

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November 25, 2015, 07:52:48 AM
 #76

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 Smiley
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November 25, 2015, 08:38:11 AM
 #77

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

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

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November 25, 2015, 08:53:50 AM
 #78

It depends on the price of the Coca Cola in your country..
Maybe you can buy 3000 liters or more with just 1btc
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November 25, 2015, 08:54:43 AM
 #79

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).
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November 25, 2015, 09:00:45 AM
 #80

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 Smiley

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


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