The extremely anticipated launch of Apple’s iPhone 16 is lastly right here, hopefully bringing extra superior options and upgrades than the earlier iPhone variants. Whilst the tech group is happy about this debut, questions come up about how a lot this new iPhone in addition to different earlier variations would price if it have been purchased with Bitcoin (BTC).
The Cost Of iPhones In Bitcoin
Over the years, Apple has launched greater than a dozen new iPhone variations, every commanding a premium value and that includes new upgrades. With Bitcoin’s regular and strong rise since its inception in 2009, the prices of each iPhone in BTC have skyrocketed drastically.
What as soon as took tons of of BTC to buy now requires a simply fraction, with the price of every iPhone surging even greater with the discharge of recent fashions. In lieu of this, CoinGecko has taken to X (previously Twitter) post on September 9 to supply an in depth define of the worth of every iPhone in Bitcoin, ranging from the earliest model to the newest.
The iPhone 4s is at the moment the oldest iPhone mannequin, launched in 2011 when Bitcoin was still in its early stages and price just some {dollars}. At the time, buying this archaic mannequin with Bitcoin would have price a whopping 162 BTC, valued at $9.17 million, primarily based on present trade charges.
In 2012, the iPhone 5 hit the market when Bitcoin’s worth started to rise steadily. Buying this telephone throughout that yr would have price a hefty 53 BTC. The iPhone 6 and 6s was additionally launched in 2014 and 2015 at a value of 1.7 BTC and a pair of.8 BTC, respectively. At this time Bitcoin’s price surged considerably, however skilled some gentle value fluctuations.
The iPhone 7 and iPhone 8 was additional launched in 2016 and 2017, respectively. The value of an iPhone 7 on the time was about 1.1 BTC whereas an iPhone 8 had been price 0.19 BTC.
The iPhone X was additionally launched in 2017 alongside iPhone 8, and was priced at 0.14 BTC. In the next yr, Bitcoin’s price had stabilized considerably after experiencing a value leap in 2017. Around September 2018, the iPhone XS was launched at a value of 0.15 BTC.
With its improved digital camera and new upgrades, the iPhone 11 surfaced in 2019 and was purchased at 0.068 BTC. The yr 2020 additionally noticed the debut of the iPhone 12 when Bitcoin absolutely entered the mainstream monetary world. At the time, the worth of iPhone 12 was priced at roughly 0.051 BTC.
Additionally, in 2021 when Bitcoin’s price skyrocketed to record highs, the iPhone 13 was launched and priced at an all time low of 0.018 BTC. The following yr noticed Apple launch the iPhone 14 at 0.042 BTC and the iPhone 15 in 2023 at 0.031 BTC.
Finally, in 2024 the a lot anticipated iPhone 16 has formally debuted and is at the moment obtainable at 0.014 BTC, valued at roughly $792.
BTC’s Growth Outpaces iPhone Prices
Looking at CoinGecko’s knowledge, it may be noticed that the worth of every iPhone in Bitcoin over time have considerably decreased. The decline within the BTC required to purchase the newest iPhone fashions showcases the cryptocurrency’s journey to changing into a excessive worth asset within the monetary world.
While Bitcoin’s price continues to realize traction, characterised by widespread adoption and elevated market demand, the worth of recent iPhones may also enhance in greenback phrases. Currently, Apple’s iPhone stays a logo of cutting-edge know-how; nevertheless, Bitcoin has evolved right into a revolutionary know-how and cost system within the monetary sector.
Featured picture created with Dall.E, chart from Tradingview.com
