Quote from: Birdy on May 31, 2013, 05:47:20 PM

Quote from: CasinoBit on May 31, 2013, 05:29:25 PM

It amazes me to an extent just how much people are motivated by such trivial psychological factors.

Yes, it's amazing(/scary) how much effect it has.

Quote from: SgtSpike on May 31, 2013, 05:44:58 PM

Quote from: CasinoBit on May 31, 2013, 05:29:25 PM

It amazes me to an extent just how much people are motivated by such trivial psychological factors.

This much?

Which one is better half banana, quarter banana or 60 bananas?

Me too, but it is a very real psychological phenomenon, and far from trivial. This is a legitimate conversation to have if we want to see mass adoption of Bitcoin.

You know why they have stock splits? 100% because of the psychological barrier of people not wanting to invest in stock valued much higher per share than comparable stocks in the same industry.

Bitcoin needs a stock split. It is far too overvalued per unit for the average person to feel good about investing in it.

LSD is worth 30,000$ per gram, doesn't stop people from "investing" into it even though they are buying 0.00005 of a gram for 20 bucks. Are drug users more enlightened than the average Bitcoin user?