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Author Topic: Price of an iPhone in Bitcoin at their launch over the years.  (Read 333 times)
crzy
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October 25, 2021, 02:07:42 PM
 #41

The price of iPhone against bitcoin has grown gradually with time. This shows the progress in the value of bitcoin. I've similar experience buying a mobile. I bought a phone for $150, when the price of bitcoin was close around $2000. If I haven't bought a phone by that time now the same value could've got me the costliest mobile phone by now.
Same with me but I don't have any regrets at all because I'm using my phone now for crypto works and its really helpful to have a good phone and beside iPhone last longer compare to any brand this is already proven and tested by me. No matter how expensive iPhones are many are still buying to have and that's a good branding made by Steve same thing with Bitcoin, Satoshi started this one and even if Bitcoin is more expensive now many new investors are still coming it.
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October 25, 2021, 02:49:24 PM
 #42

the price is so crazy that the price can reach 2,857 BTC. what kind of iphone is its high price has reached a high level. it's really a shame to spend that much money just for fun without providing benefits in a productive and even more consumptive way. I wish I had better use these funds to invest in the future because the future is the same as we think today at least it is still spare money when an unexpected accident occurs.

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kendedese
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October 25, 2021, 03:36:42 PM
 #43

the price is so crazy that the price can reach 2,857 BTC. what kind of iphone is its high price has reached a high level. it's really a shame to spend that much money just for fun without providing benefits in a productive and even more consumptive way. I wish I had better use these funds to invest in the future because the future is the same as we think today at least it is still spare money when an unexpected accident occurs.
I think this thing is purposely made for people who have a lot of money, and of course they can buy this very expensive thing thanks to hard work or investment in the past. The purpose of someone investing is to make a profit and be able to have what they want to have. so in my opinion using the investment money to invest again without using it at all is not good because it is the same as ignoring one's own happiness.

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October 25, 2021, 09:53:54 PM
 #44

The price of iPhone against bitcoin has grown gradually with time. This shows the progress in the value of bitcoin. I've similar experience buying a mobile. I bought a phone for $150, when the price of bitcoin was close around $2000. If I haven't bought a phone by that time now the same value could've got me the costliest mobile phone by now.
Same with me but I don't have any regrets at all because I'm using my phone now for crypto works and its really helpful to have a good phone and beside iPhone last longer compare to any brand this is already proven and tested by me. No matter how expensive iPhones are many are still buying to have and that's a good branding made by Steve same thing with Bitcoin, Satoshi started this one and even if Bitcoin is more expensive now many new investors are still coming it.

^ That wasn't a "gradual" Bitcoin rise actually. It was a rapid growth.
If you take a look at the illustration made by the OP, from the first iPhone it cost around 2,857 to buy one, and eventually reducing the bitcoin value a huge chunk up to this very moment. Take note, iPhone price is increasing as well as Bitcoin price.

On the other hand, I don't believe iPhone is the most durable phone that the other brands. Durability always depends on the user's hands. I also think iPhone belongs to the luxuries, you're not actually paying for the phone features instead you're paying for the brand.
Apes
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October 29, 2021, 06:30:08 AM
 #45

This comparison does not apply to iPhone only, almost all goods and services experience depreciation against BTC every years.
BTC demand growth are rapidly over imagination and growth defeat everything.
back in time people could just dream of the price of BTC going crazy but not tasting when it came true.
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October 30, 2021, 09:34:02 AM
 #46

Isn't this normal? I mean why are we even comparing it to iphone? We are talking about bitcoin price going up year after year and that means we are going to have situations where we get to see crypto becoming more expensive and stuff worth a lot less in the long run?

Sure, it doesn't guarantee that bitcoin and other crypto will keep going up, but it does create a situation where we end up with something that will be similar to this in the long run, it will be even less bitcoin in 10 years if they are still making iphones during that period. I really hope that we get something different in 10 years, we haven't had a major difference in the mobile phone world.

I mean sure there are more rams and storages and so forth in the phones now but I just keep feeling that we had that power before but we just didn't use it because companies wanted to sell more phones slow by slow instead of selling the maximum stuff. In any case I believe that bitcoin will always go up, and prices of things only go up based on inflation which won't be as high as what bitcoin goes up.

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October 30, 2021, 10:58:04 AM
 #47

so meaning in the next few years the price of Iphone will be the campaign signature payment for member ranking in bitcoin paying campaign as 0.0003-6? but of course this cannot be computed because Cellphone is more important each given time while Bitcoin can sit in our wallet without using it, meaning the more we use Iphone the more we progress in daily living while in Bitcoin the more we hold is the more we benefits.
This comparison does not apply to iPhone only, almost all goods and services experience depreciation against BTC every years.
BTC demand growth are rapidly over imagination and growth defeat everything.
back in time people could just dream of the price of BTC going crazy but not tasting when it came true.

In real it is not comparable because phone is base on daily use and bitcoin is based on the longevity of Holding .

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October 30, 2021, 11:15:03 AM
 #48


credits to @CryptoManiaks FB page in regards to the image

Imagine if you've invested it in Bitcoin instead of a fad that can be replaced in just a year or even not in the course of a year because another one will be out. An iPhone 4 at that time is most likely the price of what the iPhone X's by now but look how much price depreciation it brought over time, always be good on your decision guys and gals.
Well, not many knows Bitcoin at that time and people tend to spend more on some luxurious things rather than investing into some assets like Bitcoin.
I don't know if that is the nature of most of the people to be satisfied most of the time by buying things that makes them satisfy rather than delayed gratification.

Its a missed opportunity I must say and there is nothing we can do about it. The best thing to do is to balance out everything and prepare for the future. Maybe buy something that you want that will satisfy you and at the same time, invest into some assets. In that way it would be better for you. A win-win situation.

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