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Author Topic: Community research: To drink or to buy coins?  (Read 625 times)
stompix (OP)
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July 28, 2023, 06:07:07 PM
Last edit: July 29, 2023, 12:34:43 AM by stompix
Merited by LoyceV (12), bitbollo (1), ABCbits (1), darkangel11 (1)
 #1

As I mentioned in my other topic
Days you need to work your ass at minimum wage for a BTC, by country

I simply got tired of standard figures and numbers, maybe it's funnier and more interesting to see the price in other forms, stuff like the bigmac index although I personally hate PPP as much as one can hate stats. Adding the fact that there is no way in hell I could find reliable up-to-date info for every country and its living standard and current prices, I got a funny idea inspired by LoyceV topic and combining it with one of those spammy low-quality therapy session topics in which newbies tell us for a few merits what chatgpt told them on how to live a fulfilling life, here it is>

So, to drink (alcohol, or cola or tea or whatever  Roll Eyes ) or to buy Bitcoin???

Since it will be expressed in prices and tastes all over the world probably a more interesting image on PPP and DCA (drinking costs averages)

In short, your favorite usual drink, no it doesn't really have to be an alcoholic beverage!!!, its price, and how many of them you have to forget and leave in the shop before check-out till you save for one BTC.

Note:
Use the drink you're used to buying daily or something, not some fancy thing you buy once a year because that would really screw things up.
Second note, If it's something more exotic please drop an image or a link.
Third note:
If you're not afraid of getting doxxed, mention the continent at least.

Me:
Kozel Premium Pißwasser, 1.30E/ bottle, so I need to give up 20,472 beers!,




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stompix (OP)
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July 28, 2023, 06:07:42 PM
Last edit: August 01, 2023, 01:25:38 PM by stompix
 #2

Updated 1.08 data till page 2

Austria(EU): Kozel Premium 0.5L, 1.3E 20,472 beers
Mango Juice $1.2,  25,000 drinks
Soft drink $1.6, 18,750 drinks
Nigeria Fanta-250 naira 90,965 drinks
Pakistan- Cola 0.5L 33C, 90 000 bottles
Coke - 58000 bottles
String - 82825 drinks
Malt - $0.3, 98,000 bottles
Beer - 2400 bottles
Orange/Mango juice $1.5 19,533 bottles
Darget Stout $1.5 20000 bottles
Nigeria Cola $0.31 94,629  bottle
Fearless (energy drink) $0.36 81,400 bottles

Brandy $3.50 9,772.3 bottles
Starbucks coffee ~$2 14,658.5 cups
Beer €1.50 17,733 bottles
Random drink 1€ 26,600 drinks
San Miguel Pale Pilsen $1.27 23,127 bottles
Red Horse 68 PHP 25,587 bottles
Johnnie Walker Red label 0.5L  ~11,25$ 2608 bottles
Stavros Ouzo  €5.99 4446 bottles
Acqua San Benedetto 1 bottle $0,50 53180 bottles
Nutri-Yo 0.29$ 101,221 bottles
Coffee  $ 0.2 150000 cups
Americano 26,000 cups of coffee
Coffee+Schweppes $1.8 18,000 cans and 10,000 mixed coffee



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July 28, 2023, 06:24:07 PM
 #3

alcohol just becomes a headache to manage and a toilet flush 6 hours later.. its a waste

the whole idea of using disposible income to invest, is to use the income that would just go to waste andnot stick around. much better to invest..

if smart. if you invested a 6 pack of beers in 2012 you can now buy 20,000 beers in 2023

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July 28, 2023, 06:28:29 PM
Merited by stompix (2)
 #4

I am not used to drink so much soft drinks like coca cola, Pepsi etc. And i am not used to drink Bear either. But i love to drink Mango Juice Which Costs me around 1.2$ (that's the minimum price based on the inflation rate currently going on in my country) but mostly i also drink soft drinks and make that 1.6$. So, if i am drinking and spending 1.6$ on them then i have to give up 18,750 Drinks to buy 1 BTC at the price tag of 30,000$.

I think that's a good deal for me, but i prefer not to give up on anything like on my drinks instead i would love to work a little more to save 1.6$ so that i would be able to buy 1 BTC but i am just making this calculation day wise. which means i also have to wait for 18,750 days. As in one day i spend only 1.6$ on my drinks. Which means i have to wait 51 years maybe. Well, now i am definitely not going to leave drinking either i have to spend 2$ because health is better then having BTC which will be of no use to me when i have no health (just kidding, i could also use BTC at that time too).  Cheesy Cheesy

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July 28, 2023, 06:50:26 PM
Merited by CryptopreneurBrainboss (2), stompix (1), Y3shot (1)
 #5

I'm very much in doubt how you would begin to think of saving up 20 thousand bottles of kozel premium in your closet?... Lol. Save the energy to correct, I knew exactly how you'd wanna do that. Lol... Tongue
It doesn't really feel great when you go about saving 1.30E( I don't know what currency that is) every single day for about - say roughly 5 years( I didn't calculate, just made some raw analysis), but anyone would feel really comfortable to get those drinks, even at a higher price 😂
What a world!! But I normally eat every meals with a bottle of fanta - it cost 250 naira so I'll definitely need to stake up 90,965 times to get 1 BTC

Sandra 🧑‍🦰

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July 28, 2023, 06:54:39 PM
Last edit: July 28, 2023, 07:34:13 PM by franky1
Merited by stompix (1)
 #6

alcohol just becomes a headache to manage and a toilet flush 6 hours later.. its a waste

I've mentioned it's not just about alcohol, you can have it in sips of black tea.
As for investing, some like to have fun in their life more than look at the ROI after the doc has to prescribe blue pills.

did i say to never have drunk any beer in 2012..  i said some(just a 6pack), thus not harm your lifestyle

either way, whatever wasteful consumable you an live without for one day a week is disposable income (anything that becomes a toilet flush the next day) is far better to invest in crypto than to sign up to credit card and use debt to invest

the key is not leave yourself short, but put the excess or wasteful amount into investments. then you wont care as much upfront about the investment but reap the rewards to afford all the blue pills you need later

if someone told you in 2012 to stop drinking a 6pack of beer each evening (42 a week) you took one day off per week from drinking. meaning for 2012 you accumilated ~52btc. where by 11 years later you can cash out $1.5m , would you still get drunk all week



anyways, i prefer the bread loaf measure. or the min wage measure. beer can be all over the place in prices.. and in dizziness if you prefer to consume thousands of bottles rather than invest
min wage is more stable. but bread is less stable but more stable in comparison to beer. beer has too many varieties,strengths and market spread of prices. so min wage and then a stable staple consumable.. not so much beer

minimum wage is better because its national. where was beer is banned in some countries and the price varies from one store to the next or any/all bars/pubs of the same town

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July 28, 2023, 06:57:44 PM
Merited by stompix (1)
 #7

I don't drink very much these days, not alcohol anyhow.  To me it just makes me tired and I lost bodily functions which unless I'm out partying, I don't like that feeling.  I prefer to smoke weed over drinking any day of the week.  It doesn't make me tired or hungry like it does to some (plus I manage it with CBD tinctures). 

But, I have a certain amount of my paycheck that is dedicated to both weed and btc purchases per month.  Keep it as simple as that.  I don't go outside that much.

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July 28, 2023, 07:03:49 PM
Merited by stompix (1)
 #8

I think these all about situation and passion. I saw many users that they are saving their tiffin money or pocket money to invest in Bitcoin. Because they have passion or want to be a part of this Digital Currency. I even saw some are selling their assets or jewellery to invest in it. So it may varries person to person if they want to save their drinking cost and invest in Bitcoin.

If I say my story I was very addicted to drink various cold drinks even 1/2 litter a day and occasionally alcohol. But I minimized it and other unnecessary costs to invest in Bitcoin. And now I have some profits what I usually use to drink to have a good health but I never waste. So I will obviously don't leave drinking but surely I will minimize it and invest rest of them in the most Potential Cryptocurrency.I think it's the best choice to have. And obviously alcohol is injurious to heath and I left it and reduced my unnecessary costs for drinking so that I can invest more in Bitcoin.
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July 28, 2023, 07:18:05 PM
Merited by stompix (1)
 #9

I am not used to drink so much soft drinks like coca cola, Pepsi etc. And i am not used to drink Bear either. But i love to drink Mango Juice Which Costs me around 1.2$ (that's the minimum price based on the inflation rate currently going on in my country) but mostly i also drink soft drinks and make that 1.6$. So, if i am drinking and spending 1.6$ on them then i have to give up 18,750 Drinks to buy 1 BTC at the price tag of 30,000$.

I think that's a good deal for me, but i prefer not to give up on anything like on my drinks instead i would love to work a little more to save 1.6$ so that i would be able to buy 1 BTC but i am just making this calculation day wise. which means i also have to wait for 18,750 days. As in one day i spend only 1.6$ on my drinks. Which means i have to wait 51 years maybe. Well, now i am definitely not going to leave drinking either i have to spend 2$ because health is better then having BTC which will be of no use to me when i have no health (just kidding, i could also use BTC at that time too).  Cheesy Cheesy

Ever since I was diagnosed with T2 Diabetes I gave up all sort of processed drinks like soft drinks, juices, energy drinks etc. I feel great but I do go out for dinner once in a week.

To OP question, alcohol is not allowed in my country (Pakistan) and people here have to mostly rely on soft drinks and juices. One can get three 500 ml Coca Cola drinks in 1 USD here. So one has to wait a lot to get one Bitcoin by giving up soft drinks.

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July 28, 2023, 07:23:29 PM
Merited by stompix (1)
 #10

Haha, Interesting, Well well, Alcohol Drinking is prohibited (In the Country and in Religion), But I use to drink a lot haha obviously its not Alcohol, Energy Drinks just "String" Ocisinally like 2 or 3 a week, so it costs around 35 Cents and Coke like in routine 1 at least sometimes with friends and family 2 or more. So it costs around 50 cents to 1.5$ (on average of 3) per day. According to these calculations, I need to stop drinking until the count of 58000 coke to Buy 1 BTC around 2857 weeks, and for the case of String, it will be around 82825 Drinks. 27619 Week haha seems Impossible to me hehe, I need to find another way.

So Keep drinking with a smile and find a good job to do DCA, Enjoy and BUY Bitcoins.

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July 28, 2023, 07:25:54 PM
Merited by kryptqnick (1), stompix (1)
 #11

I stopped drinking beers a year ago and mostly consume water more than any other drink. I do take malts a couple of times weekly - It's a non-alcoholic drink that I've come to enjoy in recent times.  I don't how realistic it would be for someone to save all money meant for drinks like this and accumulate enough for it to reach the price of 1BTC. Seems unrealistic.



The price is approx. $0.3. Based on this, I'd have to give up 98,000 bottles.


Weed smokers should hit the 1BTC equivalent a lot faster IMO.  Smiley


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July 28, 2023, 07:28:13 PM
Merited by stompix (1)
 #12

I rarely drink, except during special occasions or social gatherings. I consume alcohol only once every one or two months. However, considering the current price of Bitcoin, I would need to forgo approximately 2400 bottles of beer to afford one Bitcoin. Given my infrequent drinking habits, I realize that if I can manage to save up these funds from not purchasing alcohol regularly, I might be able to invest in Bitcoin when I have accumulated enough earnings.

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July 28, 2023, 07:33:32 PM
Merited by stompix (1)
 #13

To OP question, alcohol is not allowed in my country (Pakistan) and people here have to mostly rely on soft drinks and juices. One can get three 500 ml Coca Cola drinks in 1 USD here. So one has to wait a lot to get one Bitcoin by giving up soft drinks.

Haha, Watche come to my area I'll Let you buy a full pack of Coke in just 2.5$ 6 bottles and 1.5 litter. Haha, I know 500ml costs more but as you know we are family people we find solutions rather than buying 500ml for each we prefer to buy 1.5 liters and distribute it to 10 members, This is how we save money In Pakistan haha. Quite funny but here we have all types of Jugads "A term commonly used on behalf of Shortcuts or you can say frugal innovation ".

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July 28, 2023, 07:36:11 PM
Merited by stompix (1)
 #14

The fact that people drink as a way to socialize,   celebrate, forget about something or whatever the reason is,  at the end of the day its all about living a little as a human being...it cant always be business as usual  Roll Eyes Let's allow ourselves to live a little otherwise all that worth you get to leave behind someone else will enjoy your sacrifices and won't give a dame about how much work you did!

But if you are the type that blows the salary after getting paid, then buying some bitcoins should save you from this reckless behavior.

To join in on the community research...
Am not a fan of carbonated stuff but occasionally I do take my orange/mango juice & a bit of some root beer which costs around ~$1.5, and if am to stop enjoying these beverages, it would mean giving  up about 19,533 bottles to make it to 1BTC..which is a big ask  Grin

R


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July 28, 2023, 07:53:27 PM
 #15

Ever since I was diagnosed with T2 Diabetes I gave up all sort of processed drinks like soft drinks, juices, energy drinks etc. I feel great but I do go out for dinner once in a week.

To OP question, alcohol is not allowed in my country (Pakistan) and people here have to mostly rely on soft drinks and juices. One can get three 500 ml Coca Cola drinks in 1 USD here. So one has to wait a lot to get one Bitcoin by giving up soft drinks.
I hope you will recover your health soon. And now i think diabetics have also motivated you to give up the usage of soft drinks. Which in case a good thing though. But when i said i drink Mango juice i didn't meant some artificial flavour instead i was talking about Milkshake made of Mangoes. Which is totally natural. We make it at home.

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July 28, 2023, 07:58:33 PM
 #16

Haha, Watche come to my area I'll Let you buy a full pack of Coke in just 2.5$ 6 bottles and 1.5 litter. Haha, I know 500ml costs more but as you know we are family people we find solutions rather than buying 500ml for each we prefer to buy 1.5 liters and distribute it to 10 members, This is how we save money In Pakistan haha. Quite funny but here we have all types of Jugads "A term commonly used on behalf of Shortcuts or you can say frugal innovation ".

Its been over 2 years since I last buy a soft drink and I have to ask a friend about whats the price of coca cola these days. 500 ml is fine if you are alone or have one or two friend with you. 1.5 litre is economical if you have large number of people to drink.

I just find out that online grocery stores are selling 6 bottles of Coke/Pepsi at price of 2.5 to 2.75 dollars. May be you can find more discount if you visit super mart in person. https://grocerapp.pk/products/coca-cola-1-5lx6-236636/

Better stay away from these drinks and invest in Bitcoin instead.


I hope you will recover your health soon. And now i think diabetics have also motivated you to give up the usage of soft drinks. Which in case a good thing though. But when i said i drink Mango juice i didn't meant some artificial flavour instead i was talking about Milkshake made of Mangoes. Which is totally natural. We make it at home.

Mango milk shake is best when made at home and without sugar Smiley

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July 28, 2023, 08:23:13 PM
 #17

Interesting... in my country I grill a steak almost every day with my flatmate after work and have a bottle of the local Darget beer. It would be interesting to calculate how much I spend on this per month or even a year, given the fact that my wife tells me every day: - "again Huh wtf Huh" stop drinking beer and eating steaks - it would be better if I bought a new apartment. I even understand deep down that this is much more than the cost of one bitcoin, which i potentially throwing money every day. And perhaps it was necessary to buy crypto and make x10. But every time I return home from work, I understand that I cannot live without it, without that very beer and juicy steak, as this is part of my philosophy, or, if I may say so, this is my fetish that allows me not to burn out from my work.
So my feelings....fu** the crypt, give more beer Smiley)
Btw this is Armenia, we are full stack devs, haha

Darget Stout, 600 drams, aprox 1.5 buck, local steak 4 buck  Grin
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July 28, 2023, 08:55:37 PM
Merited by stompix (1), Sim_card (1)
 #18


I drink non-alcoholic drinks more especially coca cola products but not all the time, and if I can accumulate the amount of drinks I drink a week times a month it will not be suitable for an investment because 1 bottle of a coca cola is $0.31, I don't drink the whole week but multiple $0.31 time seven (7) is $2.17 and it will not be suitable for investment because the minimum amount of Bitcoin you can buy in Nigeria in some platforms is $6.47 but that's amount of investment will not be okay for me to invest with, so I will stop drinking for six (6) months so I can save up money for investment, am not trying to say that you have to quit drinking for investment or anything, but the only thing you have to do is to have a enthusiasm for it, you can be drinking your beers and still invest in Bitcoin, hope am right, but if you think saving beer money to invest in Bitcoin is good then, do it.
Although is not easy for an acholic adict to save beer money to invest in Bitcoin because is somehow tempting, hope am correct?

R


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July 28, 2023, 08:58:13 PM
Merited by stompix (1)
 #19

This is interesting; let me try and make a rough calculation. I usually take two bottles of Bear Minimium in a week, but I realized Tommy was changing shape and appeared to be older than that of my age mates since I'm also too lazy to take some exercise, so I swapped out some energy drinks called "Fearless," which I don't lack in my refrigerator right now; I have it by the side of my PC, dragging space with my mouse.

Each park contains 12 pairs, and the Park price is usually about 4.4 dollars if it's being converted from my local currency, and I usually consume about 2 park minimums in a month, which is a total of 24 bottles of it every month, each of which will cost me 0.36 dollars. which means I will have to give up 81,400 bottles in order to save up money worth 1 bitcoin at the price of $29,300 as of the time of this post. How long will it take me to gather up the amount that I spent on this drink in order to buy 1 bitcoin? I have already lost count.

R


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July 28, 2023, 09:11:34 PM
 #20

This is interesting; let me try and make a rough calculation. I usually take two bottles of Bear Minimium in a week, but I realized Tommy was changing shape and appeared to be older than that of my age mates since I'm also too lazy to take some exercise, so I swapped out some energy drinks called "Fearless," which I don't lack in my refrigerator right now; I have it by the side of my PC, dragging space with my mouse.

Each park contains 12 pairs, and the Park price is usually about 4.4 dollars if it's being converted from my local currency, and I usually consume about 2 park minimums in a month, which is a total of 24 bottles of it every month, each of which will cost me 0.36 dollars. which means I will have to give up 81,400 bottles in order to save up money worth 1 bitcoin at the price of $29,300 as of the time of this post. How long will it take me to gather up the amount that I spent on this drink in order to buy 1 bitcoin? I have already lost count.

counting how many drinks you won't buy to get 1 BTC would be overwhelming for you. so just look at the bigger picture. whatever you will save from buying the drinks, will go to your btc portfolio. in time, you will thank yourself for having some satoshis, and maybe your health is much better without those alcohol, right? because if you will think of those thousands of bottles you will save just to buy 1BTC, you may never stop buying drinks.

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