If it was 1 mil per coin, people will be buying 0.0001 or something like that, and early investors will be selling 2 btc (combined, at any given moment). The price will surely go down.
This doesn't make any sense.
Lets say im an early invest with 100 btc. BTC reaches one million. I sell all of my btc. The price will crash because of the fact that people wont be able to buy at 1 mil.
If it was 1 mil per coin, people will be buying 0.0001 or something like that, and early investors will be selling 2 btc (combined, at any given moment). The price will surely go down.
Some early adopters have over 100,000 BTC, do you see something like this happening now
No, because btc is still at a reasonable price. People can still buy 1 btc whole.
Just to inform you, 100 BTC * 1 mil USD = 100,000 BTC * 1,000 USD
