MultiversX Tracker is Live!

Do you think peoples' psychology of investing in Bitcoin would change drastically if it were priced in Satoshis rather than Bitcoin? (44K = 1 BTC; 0.00044 = 1 Sat)

Bitcoin Reddit

More / Bitcoin Reddit 206 Views

I was just thinking that if someone just learned about Bitcoin and wanted to invest that the price of 44k (at the time of writing) for 1 BTC might deter some people from investing since they might think there's no way I'll ever own 1 BTC. But if the price was being presented and talked about in terms of Satoshis would a lot more people be willing to invest? Would we get more of the shitcoin investors willing to buy into bitcoin? I know the math is all the same, but the psychology of investing $100 and getting 0.0022727273 of something (btc) doesn't seem as appealing as investing $100 and getting 227,272.73 of something (sats) does. And I think a lot of people who invest in shitcoins like that they can own thousands or millions of something and hope the price rises. If people looked at the price of 1 sat (0.00044) would they be more or less willing to invest? Curious what people think about this?

submitted by /u/reef55
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments