Michael Saylor emphasizes the potential for massive profits when buying Bitcoin at the price of the new generation iPhone.
Using the price of the iPhone as a measure of Bitcoin's purchasing power is highly regarded by the cryptocurrency community, helping investors visualize the value of digital assets over time.
MAIN CONTENT
Michael Saylor shares the potential profit of 242 million USD if buying Bitcoin at the price of a new iPhone.
The Bitcoin price calculated according to the iPhone is considered a benchmark in the cryptocurrency community.
This method helps investors identify the value and purchasing power of Bitcoin over the years.
What did Michael Saylor share about the potential profits when buying Bitcoin at the price of an iPhone?
Based on updated data, if Bitcoin is purchased with the money obtained from selling the latest iPhone, the current profit could reach up to 242 million USD. Michael Saylor, Executive Chairman of Strategy, presents a specific and practical approach to evaluating Bitcoin investment effectiveness.
"Comparing the price of Bitcoin with the price of an iPhone is not just a number; it represents a standard of purchasing power and the value leverage of Bitcoin in the long term."
Michael Saylor, Executive Chairman of Strategy, July 2024
This analysis not only demonstrates Bitcoin's tremendous growth potential but also helps investors have a visual perspective to compare with traditional assets.
Why does the cryptocurrency community view the Bitcoin price according to iPhone as a purchasing power standard?
The method of calculating Bitcoin price based on iPhone prices has become an important benchmark in the cryptocurrency community. It reflects the purchasing power and the ability to convert value between digital money and globally popular technology products.
"The Bitcoin price calculated in iPhones helps users easily understand the growth potential of digital assets compared to standard items in the market."
Jared Smith, Cryptocurrency Analyst, 2023
This comparison helps investors position Bitcoin through technological development stages while easily conveying value to non-professional groups in the field of cryptocurrency.
What are the benefits of comparing the price of Bitcoin with the price of iPhone in investment assessment?
This comparison provides a simple reference framework that helps investors assess the purchasing power, value, and growth of Bitcoin in an understandable way. Through this, users can determine the right time to buy and the potential for long-term profitability.
For example, in 2024, if investing in Bitcoin with the money used to buy the new generation iPhone, the profit could rise to 242 million USD, demonstrating the superior strength of cryptocurrency compared to consumer technology products.
Comparison table of potential profit from Bitcoin investment based on iPhone prices of different generations
iPhone Generation Sale Price (USD) Potential profit when buying Bitcoin (USD) iPhone X (2017) 999 150 million iPhone 11 (2019) 1,099 180 million iPhone 13 (2021) 1,199 210 million iPhone 15 (2024) 1,299 242 million
Frequently Asked Questions
Is the Bitcoin price according to iPhone an official index?
This is not an official index but is considered by the cryptocurrency community as a reference measure to assess the value and purchasing power of Bitcoin over time.
What data is the profit of 242 million USD based on?
This profit is based on the assumption of buying Bitcoin with the money from selling the latest generation iPhone, as of July 2024, according to data published by Strategy.
Why choose the iPhone as a comparison standard with Bitcoin?
The iPhone is a popular technology product with stable value over the years, making it a useful measure to better understand the appreciation potential of Bitcoin.
Does this comparison method help make accurate investment assessments?
The method provides a visual perspective, supporting investors in evaluating potential but should be combined with other in-depth market analyses.
What do experts think about this?
Many cryptocurrency experts believe this is a useful tool for conveying Bitcoin's value to the general public.
Source: https://tintucbitcoin.com/bitcoin-loi-nhuan-242-trieu-usd-tu-iphone/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
