NO! I got these really cool earphones from my little sister (*She's 6 years old!) And they work REALLY WELL. I don't know what the brand is, since she took it out of the package, but they are better than beats. The beats are just expensive, and can get you into a car accident if you get "lost" in your music or something...
If you want to look cool then yea but they really are just for look. There are plenty better headphones that are also cheaper. Also, Beats by Dre are getting kind of old and everyone has them. Be different and get another pair.
Are they nice headphones? Yes. Can you get better headphones for the money? Yes. I got mine because Beats make a pair of Wireless Bluetooth headphones. I want to use them for gaming on my tablet so the wires don't get in the way. Other that when I am listening to Music I have Skullcandies (Hesh 2s). Currently their aren't any companies that make over-the-ear headphones that connect straight to a device using bluetooth that don't need a dongle or hub that you have to set up. That's why I paid the premium price. In the end it's just what you want out of them. I rarely take Beats out of the house because I strictly use mine for playing games on my tablet and I don't care about how they make me look. A lot of kids buy them just to hang around their necks and walk down the malls or sidewalks. That's not my style though.
I recently got a pair of Beats headphones. Recently, my other headphones broke. The manufacture was SkullCandy. I found a nice pair of Studios on eBay, and they are the bomb. My sister recently got a brand new pair of urBeats. They sound the same, though. Even though the headphones look very chic, I recommend the in-ear pairs, because they are less expensive but sound the same. They are worth it.