Post
Topic
Board Speculation
Re: Bitcoin will never again be priced over $300.
by
coinableS
on 07/05/2015, 00:49:21 UTC
If there is enough adoption 21 million coins is not enough to go around. ... If 21 million people were interested in bitcoin the price would easily head north of 4 figures.

I strongly disagree, for this simple fact: one satoshi carries exactly the same transactional capability and benefit to consumers/merchants as does one full Bitcoin.
People need to get over the mindset of $1/BTC1, i.e., value being assigned in integer increments.

The current Bitcoin protocol provides for a maximum of 21M BTC x 100M sat = 2.1 QUADRILLION units of fungible supply.

Ben

You're completely ignoring that it requires 100,000,000 satoshi to make up a full bitcoin all of which are limited. If you are ready to "get over the mindset" I will happily trade you 1 satoshi for your one bitcoin right now. I mean it's just a value being assigned by integer increments, right?