Don't worry I've taken it up the in the main bitcoin thread just to show how clueless you are. You don't even know how the blockchain works yet have the audacity to continue arguing.
P.S. That's also not the full definition of liquidity, if both sources has a buyer then the avg price of 1 fish being sold from the 10,000 will likely not change the avg price of the fish overall, unlike the selling of fractions of a bitcoin.
You really are clueless sir...
I'm not the most proficient trader on earth, but allow me to disagree.
1 fish out of 10,000 vs a fraction of BTC change in the price is no mark of liquidity. 1 fish cannot be subdivided to 8 decimal places, while BTC can.
Liquidity as I know it, is the amount a available in the market, subject to price discovery. Period.
No, that's actually a bad analogy he just used and I was disregarding Bitcoin's denominations(vs fish for all things). Originally it was, 31 billion zeitcoins(Who can also be divided into 8 decimal places) and 1 BTC.
He's purposely trying to change things to suit his flawed argument, same as when he said that cryptocurrencies don't use much cryptography.