How much Bitcoin is needed to buy iPhone 15?

[AHOYBRAUSE]

Nice, funny statistic.

Also shown how overprice iphones are yet again, even though I also use it  .

But I would never buy it new and especially not at the release, it's just not worth it in my opinion.

Really crazy to see how far bitcoin has come just by some little statistic as this one. How will it look like in let's say the next 10 years. Will it be gone or will it be 6 digits?

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[Peanutswar]

Ive seen as always there's a meme people doing, which is they are willing to sell their body parts like the picture above just to have this, as always, the latest iPhone lol. This topic seems related to Brainboss created which is the Ignore the new Apple toys & Invest in Bitcoin, history always repeat itself.. People who are literate about Bitcoin are possibly conscious or feeling guilty about these images or the price of the Bitcoin they waste, but we cannot deny that this new feature of iPhone is really catchy to the public and we know whats the reason why most of the people buy this is because of being class, security, camera, and the storage but sooner or later the price of it will goes down, and they will sell it again and make a cut loss to buy another one.

[Minecache]

Nice, funny statistic.

Also shown how overprice iphones are yet again, even though I also use it  .

But I would never buy it new and especially not at the release, it's just not worth it in my opinion.

Really crazy to see how far bitcoin has come just by some little statistic as this one. How will it look like in let's say the next 10 years. Will it be gone or will it be 6 digits?

We can say iphone is overpriced but with Apple, they have succeeded in their business. I'm also an iPhone user but I often buy used things, everyone is excited to buy iPhone 15 while I'm using an iPhone 7 without any problem, LOL.
This is quite an interesting comparison, I have seen it spread on social media platforms and I think Apple will not be happy to see this  . But ironically that is what is happening. In the next 10 years, if bitcoin continues to increase in price, then with the current 0.031BTC, I think we can buy 10 iPhones at that time. With bitcoin, nothing is impossible.

[Darker45]

This is an illustration of the value of hodling and the evil of inflation.

What I see here has nothing to do with inflation, the USD index is holding tight as well. This is a product that the developer sets a price for just like any other new and upgraded product. The manufacturer can set any price that comes to their head for their valuable products.

It's perfect to have ended it at "the value of HODLing of Bitcoin," which is what causes the BTC's huge appreciation against the iPhones' price, not inflation.

In the first place, all those years of hodling would have been for naught had Satoshi not included in Bitcoin's design the formula that limits the maximum supply to only 21 million coins. The price of the latest iPhone model wouldn't have been as low as 0.031BTC today had Satoshi designated himself/herself/themselves or somebody else as a Jerome Powell in the system. The very value of hodling is largely founded upon the fact that Bitcoin's supply cannot be inflated according to the whims of anybody. 

[Cantsay]

But I would never buy it new and especially not at the release, it's just not worth it in my opinion.

Same opinion here.

Like I said in the previous thread, owing an IPhone is not an issue after IOS has a good security, the only issue I see is when users want to change from their current device that is working properly to a newer version just because it came out recently.

An IPhone is an IPhone, if I’m using an IPhone 11 and you’re using an IPhone 15 pro we’ll both be referred to as “iPhone user” so why the rush? Just use your phone the way any normal human would use their phone don’t kill yourself over a device that would still be available for you to purchase even in the next five to six years at a cheaper rate.

[DeathAngel]

All I think when seeing how much money it costs to upgrade to the latest model is, how stupid are these people. I guess mostly these devices are on two year contracts or something so it’s not a one off payment. The money could be used much more intelligently elsewhere, for example DCA into bitcoin. We are a world that is obsessed with gadgets & consumerism is King, I would prefer to allocate funds elsewhere personally.

[Wind_FURY]

This is an illustration of the value of hodling and the evil of inflation.

We all know how Bitcoin's price has grown more than 2 billion percent over the years. 1BTC used to be just $0.001. Now it's $26,000. Between $0.001 and $26,000, many supporters and believers sold their coins thinking they have already made money out of it. Little did they know that the price would continue to rise.

The primary reason is that Bitcoin is inflation-proof. With Bitcoin, nobody has the power of the printer. No one can indiscriminately inflate its supply. No president or central bank governor has the power to devalue the currency such that in the Bitcoin standard prices are falling rather than rising.

Plus the difference between thinking about Bitcoin's price zoomed out to the maximum/having it as a low time preference investment and using it as a Medium of Exchange. I'm not discouraging my fellow plebs not to spend their Bitcoin, but do save MOST of what you have.

We must not forget that there's unlimited fiat, and just 21,000,000 Bitcoins.

[Bitstar_coin]

The bigger question are.....

How does the person with the iPhone 4s feel now.... after they bought it for 162 BTC? Those bitcoins are now valued at $4 192 000 at todays price of $25 870 per bitcoin. 

This is the reason why most people are hoarding their coins and using it as an investment option and not as a Currency. Would you spend your bitcoins buying an expensive phone...and after a few years, finding out that it would have been worth 800 times more.. than what it was ..when you bought the phone? 

Those people will not be happy seeing the dollar value of the amount btc spent years back to buy an iPhone 4s  which no longer holds any value considering the amount of newer version that has been released since then.
Seeing this will drive investors to hold their btc more than use it as a payment method, as long as the dollar value of btc keeps rising and the chances of making higher profit from your investment are high, btc will continuously be used as a store of value rather an alternative payment option. I mean the difference is mind blowing and imagine if this was an investment and not a transaction 

[fat buddah]

All I think when seeing how much money it costs to upgrade to the latest model is, how stupid are these people. I guess mostly these devices are on two year contracts or something so it’s not a one off payment. The money could be used much more intelligently elsewhere, for example DCA into bitcoin. We are a world that is obsessed with gadgets & consumerism is King, I would prefer to allocate funds elsewhere personally.

Well, I don't think that's a problem for rich people, they can afford to waste their money like that when they make 100 times more every month. Regular folks that live from salary to salary are truly dum to buy it instead of investing or trying to study.

[Faisal2202]

That's a good informational post you have made there but just to clear things first, I do not like Apple's product. I know in the crypto industry many people prefer Apple for its exceptional security features. But I don't like Apple because Apple is expensive and also a close source too. And it lacks lots of features that I needed. Well, besides that, this information that you have shared, indicates another lesson too. Which is, that BTC is a great hedge against inflation.

As you can see the first iPhone cost around 162 BTC while the current iPhone 15 cost around 0.031 BTC. This means we need less BTC at the current date. But if we compare the price in Fiat then the rate in Fiat (means the amount will be more than before). Let's say the first iPhone if cost back then $100 (let's assume) in today's world it will cost more (because fiat lost value).

I hope you understand what I am trying to emphasize here. Well, talking from a different angle I can say, this apple product is not that expensive in compare to it's previous products.

[Adams0001]

This content of your topic demonstrates how bitcoin has evolved since the earlier generation of iPhone was released until today. Your post should serve as motivation for those who have yet to invest in bitcoin or hold some in order to profit handsomely from it in the coming years. This statistical example in your post has clarified everything without needing much additional explanation or convincing someone to invest in bitcoin.

Those who used their BTC to purchase the first generation of iPhones will now be feeling remorseful, though not in a sad way. Instead they will be saying, "had I known," I would not have spent so much of my bitcoin and allowed the remaining coins to grow in value until today. Because no one can anticipate the future and because they cannot be held responsible for their acts, even if I had been in their position, I may have acted similarly or even worse.

We may assume and agree that the price of bitcoin will continue to rise as time goes on despite the fact that we can't anticipate exactly how it will do so. This fact alone is a motivation to hold on to some BTC for the future use to avoid another story or thought of had I know.

[BitMaxz]

The bigger question are.....

How does the person with the iPhone 4s feel now.... after they bought it for 162 BTC? Those bitcoins are now valued at $4 192 000 at todays price of $25 870 per bitcoin. 

My guess is they sold their iPhone 4s now for $10 and use it to buy Bitcoin and wait for the next bull market to recover the opportunity they lost after they bought the iPhone 4s.

iPhone is developing fast, old units become cheaper and cheaper as it become ages unlike Bitcoin the price goes up over time.

I'm sure they regret it but It's not too late yet we can learn from our mistakes from the past.

[Yey09]

Unfortunately, i had iphone 5 but never had so much bitcoins. I was too young at that times

[tabas]

What a coincidence, I've seen a post while I was browsing on social media about how much needed to buy the new iPhone 15 Pro Max and that states if it's in bitcoin that should be around 0.048BTC and it has also indicated the amount in other cryptos like ETH which was around 0.78 ETH. Now, we're seeing the true value of Bitcoin and if you guys have probably seen the grocery inflation/deflation of what can a bitcoin buy, we're already coming up to that era. While the goods are dealing with inflation and prices are going up just as these new releases of iPhones. Bitcoin is also having its own phase of deflation as it is having more value and purchasing power.

Unfortunately, i had iphone 5 but never had so much bitcoins. I was too young at that times

Lucky you are, I have never had my own iPhone. LOL.

[Rockstarguy]

The bigger question are.....

How does the person with the iPhone 4s feel now.... after they bought it for 162 BTC? Those bitcoins are now valued at $4 192 000 at todays price of $25 870 per bitcoin. 

This is the reason why most people are hoarding their coins and using it as an investment option and not as a Currency. Would you spend your bitcoins buying an expensive phone...and after a few years, finding out that it would have been worth 800 times more.. than what it was ..when you bought the phone? 

Some people don't think about how this gadgets will become valueless but they just want satisfy their urge by having the latest. Their are some people who knows about bitcoin and how valuable it is, they still find it very difficult to invest their money in Bitcoin or valuable things that will yield more profits.

I think the problem people are having with money is lack of discipline, because I don't see any reason why one will spend a reasonable amount of money on something that will devalue withing a short time.

[m2017]

Maybe it would be better to do a reverse correlation? How much does iPhone 15 (and all other versions of previous generations by year of release) need to pay to get 1BTC? Make the same list as yours but in the opposite direction.

I don’t need these useless bitten apples and I wouldn’t give up bitcoin (even part) for this, but on the contrary, I would be happy to.

[abel1337]

I remember the day when I sold my bitcoin just to buy a newly release iPhone 7 plus. It's a bad decision especially when I'm seeing the price list you had list in the OP. Today, my iPhone 7+ is barely hanging without updates coming from apple since it's not supported anymore. Today, where iPhone 15 is release, I know that it isn't worthy selling bitcoin just to buy the current flagship apple product knowing that it depreciate quite fast and the bitcoin bull market that we are anticipating is coming. I would probably stick to my old phone and wait till I profit to buy a new phone I guess. 

[Cryptomultiplier]

Recently, Apple officially launched iPhone 15 with many improvements and new features.



At Apple's event, the company introduced new products along the iPhone 15 line. The selling price of the iPhone 15 in the US remains the same at $799.

So how much Bitcoin do you need to buy a new iPhone, depending on the year?
Below is the amount of BTC needed to be spent during that period to buy each new iPhone model on launch day:

• iPhone 4s – 162 BTC
• iPhone 5 – 53 BTC
• iPhone 5s – 5 BTC
• iPhone 6 – 1.7 BTC
• iPhone 6s – 2.8 BTC
• iPhone 7 – 1.1 BTC
• iPhone 8 – 0.19 BTC
• iPhone X – 0.14 BTC
• iPhone XS – 0.15 BTC
• iPhone 11 – 0.068 BTC
• iPhone 12 – 0.051 BTC
• iPhone 13 – 0.018 BTC
• iPhone 14 – 0.042 BTC
• iPhone 15 – 0.031 BTC
• ...

While the larger version iPhone 15 Plus starts at $899. iPhone 15 Pro will be priced at $999, while the larger version iPhone 15 Pro Max will be priced at $1199, iPhone models will be available for pre-sale on sep 15.

Such expenses on luxury items should be when one has twice the amount as annual income or when such a device has the potential to yield more than was spent to purchase it.
Else, why spend 0.031 BTC on an iphone 15 when I can easily manage with a smaller brand for now, HoDL my BTC till after the halving or upon getting an equivalent amount from a disciplined DCA strategy till I can afford thrice the device?

Inflation has sure done more in hyping products and services to this effect. If more luxury brands and services offer to accept crypto/BTC as payments, such inflated prices will be easily afforded.

[ChuckBuck]

Isn't it amusing how Apple releases these 'new' models as if they were no big deal? The iPhone 15, just another shiny toy in their ever-expanding lineup. Rather from being an indication of Apple's ingenuity, those BTC values really show how far Bitcoin has come. When the price of an iPhone 4S was 162 BTC, anyone there? Fun times. And now, the iPhone 15 will cost 0.031 BTC? Ooohladoo. Also, those prices for the Pro models? Apple has a great ability to take advantage of people financially. Anyone pre-ordering on the 15th? The 'revolutionary' modifications they've implement this time around seem exciting to me 

[Ultegra134]

Isn't it amusing how Apple releases these 'new' models as if they were no big deal? The iPhone 15, just another shiny toy in their ever-expanding lineup. Rather from being an indication of Apple's ingenuity, those BTC values really show how far Bitcoin has come. When the price of an iPhone 4S was 162 BTC, anyone there? Fun times. And now, the iPhone 15 will cost 0.031 BTC? Ooohladoo. Also, those prices for the Pro models? Apple has a great ability to take advantage of people financially. Anyone pre-ordering on the 15th? The 'revolutionary' modifications they've implement this time around seem exciting to me 

I also find Apple's phones overrated and too expensive for what they are. I don't get why people are so hyped about them; you can find great alternatives for 1/3 of their price. However, this thread isn't to discuss if they're worth it or not. As funny as this data might look, it does the job of explaining how Bitcoin has been statistically proven to increase in price over the course of the years. You can also detect Bitcoin's all-time high near the iPhone's 13 release at the end of September, close to November's $69,000 mark. Certainly, this doesn't guarantee a forever increase in value, but judging by the previous years, it's fair to claim that Bitcoin is likely to gain value in the near future.