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Author Topic: What can 1 Bitcoin buy in your country?  (Read 4975 times)
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October 18, 2021, 04:51:35 PM
Merited by hugeblack (4), JayJuanGee (1), LoyceV (1), dkbit98 (1)
 #21

1 bitcoin = $62.2K = IDR. 885,914,600 if I convert it to my country's currency. LoyceV, because I am a simple type of person, 1 bitcoin which is equivalent to $62.2K or 885M IDR will be very useful and of course I can use it to buy several things such as building a house, car, motorbike. Here are the details:
1. House worth 400M IDR
2. Car 400M IDR
3. Motorcycle 36M IDR


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October 18, 2021, 05:15:25 PM
Merited by hugeblack (4), The Sceptical Chymist (3), dkbit98 (2), JayJuanGee (1), LoyceV (1), Pmalek (1)
 #22

The current price of BTC is $61,982 as of this post and it's equal to 3152089 PHP.

There's a lot of things we can buy now using Bitcoin here in my country.

1. House and lot

2. Nissan Terra

3. and maybe 4-6 of this? Kawasaki Z1000 R Edition


The price of 1 BTC right now is pretty huge here in my country that's why I regret not holding my coins, I didn't expect that it'll go this far.

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October 18, 2021, 08:28:20 PM
Merited by hugeblack (4), The Sceptical Chymist (2), JayJuanGee (1), LoyceV (1)
 #23

In my country Nigeria, you're having the opportunity establish a supermarket with full operational cost coverage and also get a brand new car with 1btc
1tbc=$62k
$62k=#34,720,000



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October 18, 2021, 09:00:33 PM
Merited by The Sceptical Chymist (4), hugeblack (4), JayJuanGee (1), LoyceV (1), Pmalek (1), dkbit98 (1)
 #24

Pretty interesting but the funniest thing here is that at the end of the year, the value of bitcoin may be so high that we may laugh at current images or may cry Cheesy

You can buy this house at one good village that's near to our capital
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Now this reminds me the old Bitcoin Pizza transaction. That person could buy up to 10 000 this kind of house in my country, can you believe that? And he could rent these houses. Ehh, I cry on this instead of him Cheesy

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October 18, 2021, 09:14:58 PM
Merited by hugeblack (4), JayJuanGee (1), LoyceV (1), dkbit98 (1)
 #25



1 Bitcoin is more than enough to buy 1 modern house in my country. 1 Bitcoin = 881,000,000 rupiah today, it is a big amount of money in my country. If I have 1 BTC, surely my priority is to buy a house. I have been dreaming to have a house for many years. I hope someday I can have 1 BTC in my wallets and make my dream be true.

Pict source:
https://web.facebook.com/marketplace/item/240224761380880/?ref=search&referral_code=marketplace_search&referral_story_type=post&tracking=browse_serp%3A09658bb5-c7e7-4d78-933f-33936775ac1b

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October 18, 2021, 09:33:35 PM
Merited by CryptopreneurBrainboss (8), hugeblack (4), Halab (2), JayJuanGee (1), LoyceV (1)
 #26

1BTC worth thirty five to thirty four million (35,00000 -34,00000) so you can purchase a house that worth thirty five million (35,000000) below and above depends on the geographical environment, so, really the amount of 1btc is huge in my country.


This Worth = 35000000 in rural are

This worth =30,000000 in rural area while in urban areas = 50,000000.
Source:
https://ibb.co/WW1B96q
https://ibb.co/F5h75rx

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October 19, 2021, 06:26:20 AM
Merited by hugeblack (4), CryptopreneurBrainboss (2), Symmetrick (2), JayJuanGee (1), LoyceV (1)
 #27

At the time of making this post, 1 Bitcoin is $62,460 and that's an equivalent of N35,289,900 in naira, my local fiat. The below car is a 2008 model RX350, Tokunbo in pristine condition priced at N5.3 million. At that cost, 1 Bitcoin can get you six of that car with left over cash of N3,489,900 which can do for a few months fueling for all six cars.

Picture credit: https://jiji.ng/cars


PS: Tokunbo means stuff that's first used abroad and then imported into Nigeria. Sorry, I had to use that car as sample. It's my dream car.

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October 19, 2021, 01:56:03 PM
Merited by hugeblack (4), JayJuanGee (1), LoyceV (1), Pmalek (1)
 #28


Of course, if the house can be ascertained that the price depends on the region, but if it is in the city it will certainly be more expensive than in rural areas. also the facilities and size of the house also determine the price. sometimes adequate facilities and environment will make the price more expensive.




It's hard to determine the price in my country, because the situation of each region is very different, and to know my country consists of many islands and regions. so that each region can certainly follow the conditions of the region itself and cannot be the same from one region to another. Currently my country consists of 34 provinces with their respective provincial capitals.


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October 20, 2021, 01:54:54 PM
Merited by JayJuanGee (1), LoyceV (1), Pmalek (1)
 #29

In my country, 1 Bitcoin is quite a lot of money. While you can't pay directly with Bitcoin for the items here, I chose them on the basis of the price (I believe many did the same), as exchanging BTC for local fiat isn't a problem here. For instance, you can buy a 1-room cozy flat in the capital city very close to the city center (a 30-minute walk (2.4 km) from the very center of the city).

Alternatively, you can buy a 3-room house in a big city near the sea. According to sellers, it's a 15-minute walk to the seashore from the house.

Both listings are at around $60k.

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October 20, 2021, 03:35:38 PM
Merited by JayJuanGee (1), LoyceV (1)
 #30

I live in Pekanbaru, Indonesia. here there are many fields of palm trees and 1 hectare is valued at Rp. 80 million ($5600). with the current bitcoin rate, with 1 bitcoin we can buy 12 hectares of palm oil fields ready to harvest here




other than that the price of a luxury house with 3 bedrooms and 3 bathrooms here is around Rp. 900 million ($6500) then with 1 bitcoin we can buy 1 unit of luxury house here


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October 20, 2021, 05:40:37 PM
Merited by JayJuanGee (1), LoyceV (1)
 #31



Source: Google search.

You can buy a similar house in my country for 1 Bitcoin according to the current price of $66k. Although you can not buy this house in the main city center,  but you can buy it nearby city and it will be very near. I am not revealing my exact location that's why download the photo from Google. But you can buy exactly the same house or could build the same house for 1 Bitcoin.

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October 20, 2021, 05:59:30 PM
Last edit: May 15, 2023, 05:32:43 PM by cygan
Merited by JayJuanGee (1), LoyceV (1), dkbit98 (1)
 #32

in my country good old germany you can buy a ford mustang for example Grin ... 1BTC for your own house is not enough here... Tongue



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October 20, 2021, 06:00:23 PM
Merited by JayJuanGee (1), LoyceV (1), Luqman (1)
 #33

In the Philippines 1 Bitcoin is equivalent to 3,374,979.12 pesos. I could buy a lot of things or even start a business like for example buying a farm. You can benefit from a business like farming if you know how to handle it.

If ever i had 1 bitcoin this will be the two choices i have to choose to buy. Whether a house or a farm to start a business.



The house in the picture is worth 2 million. It is very simple and spacious.



I included food because i love food and also food is life.

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October 20, 2021, 07:23:28 PM
Merited by JayJuanGee (1), LoyceV (1), dkbit98 (1)
 #34

1 btc is a huge amount in my country. I can fullfil my all dream with 1bitcoin. Today 1 bitcoin is approx 5.7M taka.
I think i can live a luxurious life with 1 btc. Here is some example.

BMW 5 SERIES DSEDAN= ৳12,00,000= 0.21 BTC. KTM RC 125 European Edition: ৳635000= 0.11 BTC.



Laptop: Mackbook= ৳182,000 = 0.042 BTC. Mobile: ৳1,55,000 = 0.027 BTC.



Apartment/ Flat= ৳20,00,000= 0.35 BTC.Shop= ৳15,00,000= 0.26 BTC.




OMG! truely i didn't expect that much when i start calculating. After calculating everything i am shocked right now. I can fullfil my all luxurious dream under 1 bitcoin. If i calculate it will cost 0.989BTC that means 0.011BTC saved. And i can buy 1 more Android phone too. This is truely a huge. Who knows near future what i can buy with 1 btc.
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October 20, 2021, 10:08:23 PM
Merited by JayJuanGee (1), LoyceV (1), dkbit98 (1)
 #35

In my country 1 BTC (that is on the moment of writing post costs 66K) is an extremely huge amount of money. You can buy on it a big beautiful house

new Jaguar

or very expensive new Rolex watch

or just to live for a lot of years by an ordinary life traveling everywhere you want.
But if I had 1 BTC, I'd better hodl it and trade it. I believe that 66K is not the top and BTC will increase more.
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October 20, 2021, 10:58:30 PM
Merited by JayJuanGee (1), LoyceV (1), Luqman (1)
 #36



That is the Bitcoin price today compared with my national currency.



That amount of money can buy a second-floor home. It is the type of home that is commonly suitable for a new family, having 2 children. Maybe in some countries, 1 BTC doesn't mean much, but it is quite big here. For a person like me that to have 2 children, I prefer to buy a second-floor home with 1 BTC. And maybe think to have a new car once I have another 1 BTC.  Cheesy



Check -> Picture 2

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October 21, 2021, 05:29:04 AM
Merited by JayJuanGee (1), LoyceV (1)
 #37

Current price 1BTC = 65k $. That's a huge amount of money in the country I live in. This is a picture my brother shared, he just bought a car worth 0.8BTC. After two years of efforts to enter the market, they have achieved desirable results.

Left... the space..
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October 21, 2021, 11:59:19 AM
Merited by JayJuanGee (1), LoyceV (1)
 #38

Today the bitcoin price is still under $70k if the bitcoin price reaches $70k maybe in my country I can have a house like this and not including other vehicles, but I think if it reaches $100k it will look more perfect to me

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October 21, 2021, 01:47:44 PM
Last edit: October 21, 2021, 02:05:39 PM by YOSHIE
Merited by JayJuanGee (1), LoyceV (1), dkbit98 (1)
 #39

What can 1 Bitcoin buy in your country?
For the price of BTC today broke at the level of $ 65,482.76, measured by my country's currency, @LoyceV I can buy and own three real assets.

1. One house unit. ($30.000)


2. One Pajero Sport car. ($29.000)


3. One unit Honda Harley. ($6.482)


The three assets, if they total around 1 BTC, are more or less for the current price.

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October 21, 2021, 03:07:26 PM
Merited by The Sceptical Chymist (3), JayJuanGee (1), LoyceV (1), dkbit98 (1)
 #40

YOSHIE, I'm sure it all depends on our individual tastes. If that's me, then I think I just want to build one $25K - $30K minimalist house filled with mining rigs inside for $30K. I think if we have 1 bitcoin as an asset then we should have a mindset to let our asset work hard to generate profit for its owner rather than we have to work to collect asset. Actually this is not the model I want, but this is just an illustration as an example.


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