The Cost of an Iphone, In Bitcoin

 How the Price of the iPhone Has Changed in Bitcoin Overtime

[Image credit: CoinGecko ]

The image is a bar chart comparing the cost of various iPhone models from 2011 (iPhone 4S) to 2024 (iPhone 16) in terms of Bitcoin. The information is presented chronologically, showcasing the decreasing amount of Bitcoin required to purchase an iPhone as Bitcoin’s value has increased substantially over time.

1. iPhone 4S (2011):

   • Cost: 162 BTC
   • Context: Bitcoin was in its infancy and worth significantly less, so it took a large number of BTC to purchase an iPhone.

2. iPhone 5 (2012):

   • Cost: 52 BTC
   • Bitcoin’s value started to rise, but a substantial amount was still needed to buy an iPhone.

3. iPhone 5S (2013):

   • Cost: 5.04 BTC
   • Marking a noticeable drop in Bitcoin required, indicating its value had increased significantly by 2013.

4. iPhone 6 (2014):

   • Cost: 1.65 BTC
   • Bitcoin continues its rise, making a single iPhone much cheaper in BTC.

5. iPhone 6S (2015):

   • Cost: 2.76 BTC

6. iPhone 7 (2016):

   • Cost: 1.07 BTC

7. iPhone 8 and iPhone X (2017):

   • iPhone 8 Cost: 0.19 BTC
   • iPhone X Cost: 0.13 BTC
   • A pivotal year where less than 1 BTC could get you an iPhone, reflecting Bitcoin’s rapid increase in value.

8. iPhone XS (2018):

   • Cost: 0.15 BTC

9. iPhone 11 (2019):

   • Cost: 0.068 BTC

10. iPhone 12 (2020):

    • Cost: 0.051 BTC

11. iPhone 13 (2021):

    • Cost: 0.018 BTC

12. iPhone 14 (2022):

    • Cost: 0.042 BTC

13. iPhone 15 (2023):

    • Cost: 0.031 BTC

14. iPhone 16 (2024):

    • Cost: 0.014 BTC

Trend Analysis:

• From 162 BTC (2011) to 0.014 BTC (2024) – this drastic reduction reflects Bitcoin's meteoric rise in value over time. Early adopters of Bitcoin could now purchase multiple iPhones with just a fraction of a Bitcoin.

Telegram Channel ( @Syfnit ) – Join the community to get the latest updates.

Join OUR TELEGRAM Channel For Daily Updates