Quote from: ISAWHIM on December 26, 2013, 05:05:12 AM

Quote from: CoinCidental on December 26, 2013, 12:37:24 AM

its only a matter of time before coins will have to be sold in fractions as well because buying
a whole coin when the price reaches $10,000 will be too expenisve for the average user

Why would you HAVE to buy a whole BTC? That isn't a limit or restriction.

You can always buy a $1 worth of bitcoin for a $1, even when BTC reaches $100,000,000.00 per BTC, that would be 0.00000001 BTC. (I believe I did that math right... $1.00/USD * 0.00000001BTC/USD = $100,000,000.00/BTC)

By that time, a dollar will only be worth a penny, and the "Dollar Menu" at McDonalds will be the "Hundred-Dollar Menu". That, or the "0.00000100BTC Menu"...

If you want to feel more rich, you buy LTC or one of the hundred other alt-coins instead. That, or keep using FIAT. But 1 BTC will fit in your pocket easier.

maybe not "have" to buy in fractions but i think if the price ever goes up to $10k -100k per coin then the average user wiill not be buying full btcs due to the price
a mbits system would be more appealing for new adopters too than a tiny fraction of a whole coin imo
its just psychological