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Author Topic: Price of an iPhone in Bitcoin at their launch over the years.  (Read 377 times)
Tumanggor
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October 04, 2021, 10:07:19 AM
 #21


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.
I am an iphone user and currently I am using is iphone X (which I bought from bounty in 2018)
there is also a little regret why I bought this iphone, if only I had kept it in bitcoin then my profit was much bigger

I'm curious at what price the iPhone/BTC price comparison is on the iPhone that will be released next

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October 04, 2021, 12:03:06 PM
 #22

Is that for real? An iPhone 13 only costs about half of what I currently have in bitcoin? That's pretty absurd and such a good comparison on how big the growth of bitcoin is over the years that it has been existing and at the same time being scorned as a fad or a scam back then.
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October 04, 2021, 03:00:23 PM
 #23

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.
I guess the best thing about bitcoin price is how it is against inflation and how it is increasing so much. However it is also proof that if you can buy right now, even right now then you would be doing fine in the future. People who quit and lost hope in 2018 ended up losing out so much, just because it went from 20k all the way down to 3k didn't mean that it would stay there forever and eventually it made insane profits, it literally went to 64k each at the top.

This is a proof that you are never ever late to bitcoin ownership, you should always buy it, and get some other good cryptos while you are there as well because you will make this kind of profit in 10 years as well.
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October 04, 2021, 04:11:23 PM
 #24


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.

That's why bitcoin continues to be beaten and weakened by people who have great power, so bitcoin must come down from its current price, for an Iphone class only if it is calculated with Bitcoin there is no price for the iPhone, especially if it is calculated with other items that do not have a selling price like the iPhone, maybe some companies don't want bitcoin to be at the current price, so the product they issue doesn't have a price when multiplied by bitcoin, even though bitcoin is intangible like other goods or products, this is what companies worry about, when bitcoin is getting more and more valuable, then the products/goods they put out are priceless, this is just my assumption, but is this in line with what happened to bitcoin?

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October 04, 2021, 11:35:45 PM
 #25

From what most people told me. In certain countries and cultures an iPhone is considered a status symbol. I think in USA, nobody really cares whether you have an iPhone or not. Most teenagers got the latest iPhone pretty much these days.

However in certain countries, having an iPhones means “you’ve made it”. Yes it sounds stupid but when I got an new iPhone I sold my old one to some guy that was bringing it overseas somewhere. I had a case I wanted to include with the phone and he didn’t want it? Why.

Because my case covered the iPhone logo on the back, saying that in his country you need to “show off the Apple logo”.

Crazy. Kind of like how someone drives an Escalade or Mercedes in USA.
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October 05, 2021, 01:43:35 AM
 #26

It's so easy to judge people when you know exactly how things have played out over they years, but I can bet you can't predict the next big thing that will show performance similar to Bitcoin in early days. When this thing will emerge, people will be saying that it's a scam, a bubble, it can't work, etc. But at least iPhones and other things bring people immediate gratification.
That's how it should work, potential investment opportunities shouldn't be predictable as making them so will result in exploitation from other people and at the same time, it would be a boring one because you know that there's no risk. That's why if there's something that you're going to hold on to, it better have a good background as and investment since everyone's trying to be the next bitcoin right now.

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October 05, 2021, 02:31:40 AM
 #27

Although it's good to see, it's nothing new. There was also a comparison between the purchasing power of the dollar and Bitcoin in the shopping basket. Simply put, the value of the Bitcoin, and with it the purchasing power of Bitcoin holders, has increased exponentially. This is something to think about when there are downturns in the market. The rate of price growth will probably slow down in the next few years, because you cannot grow at that rate indefinitely, but the volatility goes hand in hand with this incredible increase in price and purchasing power.


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October 05, 2021, 02:44:03 AM
 #28

I don't know what's really the point of this. This image is proving nothing really except that gadgets depreciate because technology is fast developing and Bitcoin is rising in value. But that's all.

If you argue that you should have bought Bitcoin instead of an iPhone, you could also argue that you should have bought Bitcoin instead of a car, a house, a book, an apartment, a laptop, etc. One could say the same to their coffee, coat, pair of shoes, pizza, etc. But that is fundamentally wrong.
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October 05, 2021, 02:50:58 AM
 #29

This is an interesting chart and it can be applied to many things. There are things I purchased in the past where I spent a considerable amount of bitcoin which if I had hodled I would have a lot more money now. I do sometimes feel conflicted about spending my BTC because of this but I always justify it by spending it on things I truly find necessary.

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October 05, 2021, 05:54:13 AM
 #30

This is an interesting chart and it can be applied to many things. There are things I purchased in the past where I spent a considerable amount of bitcoin which if I had hodled I would have a lot more money now. I do sometimes feel conflicted about spending my BTC because of this but I always justify it by spending it on things I truly find necessary.
We are not thinking much about what we spent before when the bitcoin price is not at more than $10k but when the price rise and reaches more than $20k-$40k, we realize that we already spent so many bitcoins before.
If we still held until now and sold it when the price is high, maybe we would be rich and have a lot of money.
But we can not blame ourselves as many of us have urgent needs to fill our daily lives by selling our bitcoin.
Maybe we can still manage our Bitcoin and not sell because of something that we really do not need so we can still hold and sell it at the highest price.

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October 05, 2021, 10:23:04 AM
 #31


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.

This picture shows how bitcoin is actually growing quite rapidly in the world, this factor is what makes some influential people and companies do not want bitcoin to develop and provide a high selling value at this time, imagine that one of our newest iPhones buys no more than 0.02 Bitcoin, this indicates the price of an item is not more valuable than one BTC, so imagine if bitcoin began to be legalized all over the world and became a medium of exchange to buy anything, it is certain that bitcoin will become the source of life that everyone dreams of, so bitcoin continues to be pressured and influenced not to develop, my thoughts like that in understanding bitcoin in general?
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October 05, 2021, 05:03:32 PM
 #32

From what most people told me. In certain countries and cultures an iPhone is considered a status symbol. I think in USA, nobody really cares whether you have an iPhone or not. Most teenagers got the latest iPhone pretty much these days.

However in certain countries, having an iPhones means “you’ve made it”. Yes it sounds stupid but when I got an new iPhone I sold my old one to some guy that was bringing it overseas somewhere. I had a case I wanted to include with the phone and he didn’t want it? Why.

Because my case covered the iPhone logo on the back, saying that in his country you need to “show off the Apple logo”.

Crazy. Kind of like how someone drives an Escalade or Mercedes in USA.
That is because of the price. In some nations dollar is a so highly valued that it comes to few months worth of salary. Just to give an example, in my nation minimum wage is $321, latest iphone pro max is $1100 before taxes.

With taxes it comes down to $2000, I know our tax rate is insanely high and I hate it too, one PS5 costs as much as $900 here. None of these prices makes sense, a nation with such low wage number, a tax rate that is nearly 100% and so forth, in some cases even higher taxes depending on what it is so forth. However, if you do live in a nation like mine, that means if you end up buying the latest iphone, then you paid nearly 6 months worth of minimum wage for it.

For someone who works in USA, that is $15 per hour and it comes down to around 70-75 hours of working, with around 30-40 hours per week, you get it in 2 weeks. Comparing 2 weeks versus 6 months, you can understand why it is a big symbol of richness in some nations. Who would spend 6 months of minimum wage on a phone? Only the rich can.
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October 05, 2021, 06:21:30 PM
 #33

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.

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October 05, 2021, 11:50:43 PM
 #34

This is an interesting chart and it can be applied to many things. There are things I purchased in the past where I spent a considerable amount of bitcoin which if I had hodled I would have a lot more money now. I do sometimes feel conflicted about spending my BTC because of this but I always justify it by spending it on things I truly find necessary.

If you spend your bitcoin into something you think is essential at that time being, then I believe it is already justified. At some point, we need to spend some of our crypto to augment our needs. And there's nothing wrong with that. Not all of us here have hidden wealth where we can tap when we need it. I just look at the idea that if you spend your crypto wisely, then, it is not wasted.
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October 08, 2021, 02:04:01 PM
 #35


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.
Here in our country, when we hear the word "Iphone" our first expression will like "wow" because for us this thing is very expensive even before the pandemic. Now looking at this image, its very simple yet meaningful. I may not knew crypto during Iphone 4, but around Iphone 6 or 7 I think I am already earning bitcoin which makes me realize now how stupid I was by not holding as many bitcoin as I can during those times. Since bitcoin is not that expensive way back then, it is easier to earn compare today. But I am looking forward that there will be another zero or zeros after the dot (0.002)

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rhomelmabini (OP)
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October 08, 2021, 06:30:23 PM
 #36

From what most people told me. In certain countries and cultures an iPhone is considered a status symbol. I think in USA, nobody really cares whether you have an iPhone or not. Most teenagers got the latest iPhone pretty much these days.
Pretty much like a norm and besides trend in first world countries seems fast and things like iPhone is sort has a fast diminishing marginal utility too for some individuals.

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.
The thing is, was you really need the phone at that time over Bitcoin? You pretty know much about it but I know there will be hesitation and it takes courage to something that will still be a speculation over something tangible. I guess I'llbdo the thing when I'm on your situation but if somehow we are educated enough over things like Bitcoin and we know how it is revolutionary for the future then we'd do a good trade-off.

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October 12, 2021, 04:50:53 PM
 #37

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.

This should be around 2015/16 and after this time the bull of 2017 started. But if you bought phone back then it means you also bought with close to 1 btc  Grin and that is high enough to use on phone then. Maybe you can consider yourself as such.
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October 12, 2021, 09:35:33 PM
 #38

I can personally attest to this as I once spent somewhere around 1.5 BTC on an iPad mini.  I still have it, but it doesn't really work too well anymore considering how old it is.  I did get a lot of enjoyment out of it, but I think given the opportunity to redo that trade, I would probably pass today and use the saved Bitcoin to buy a Tesla or spend a year in the Bahamas.  Still not even close to the most careless use of Bitcoin I've got in my history, sadly. 

This does highlight how literally everything has failed to keep pace with Bitcoin's meteoric rise.  Even the most popular consumer device.

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October 22, 2021, 03:19:32 PM
 #39

The last Apple product that I bought is an iPad Air 4 with the magic keyboard attachment, and it costed me almost $1000, and I bought it when bitcoin experienced a crash back to $30k a few months back. If only I knew better, I would have waited for a few months before I spent that $1000 on a gadget, but then again necessity forced me to spend for a new tablet as a replacement to a laptop that already broke for me to continue my side hustles.

Then again, nobody knew the direction bitcoin’s price will take, yet I can’t help but feel some regrets every now and then.

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October 25, 2021, 01:14:56 PM
 #40

2,857 BTC for iPhone 4. I wonder if someone actually bought using BTC.

Not investing on phones that normally gets obsolete after a year. Thats a good lesson to learn, I'd stay with Samsung that lasted for more than two years now. I wasted $43K since I bought iPhone 7 when it was released and then got broken for approving some IOS updates. Worse is that non can repair it.

Same here mate, I practically don't buy anything fancy especially when it comes to phones that every company produces latest techy phones for almost twice a every year. I always prefer Samsung because it is user-friendly, bought myself a Samsung Galaxy S9+ way back 2017 for almost $1.2k and I still use it today without any defect.

Just imagine if you buy a latest iPhone 13 for 0.02 BTC. Although many can afford it but for me, I prefer to invest that btc instead of spending it just for a latest phone just to fit yourself in a social circle when you already had one phone.
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