Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by El duderino_ (2)
$1 = 1000Satoshi would be good enough
Why prolong the agony?
$1 = 1Sat would make bitcoin the world reserve currency & some bitcoiners would be the richest people in the world?
Id love it to happen as Id be rich AF too but its unlikely in our lifetime imo.
"Hal Finney" Sun, 11 Jan 2009
Quote
As an amusing thought experiment, imagine that Bitcoin is successful and
becomes the dominant payment system in use throughout the world. Then the
total value of the currency should be equal to the total value of all
the wealth in the world. Current estimates of total worldwide household
wealth that I have found range from $100 trillion to $300 trillion. With
20 million coins, that gives each coin a value of about $10 million.
https://www.mail-archive.com/cryptography@metzdowd.com/msg10152.htmlbecomes the dominant payment system in use throughout the world. Then the
total value of the currency should be equal to the total value of all
the wealth in the world. Current estimates of total worldwide household
wealth that I have found range from $100 trillion to $300 trillion. With
20 million coins, that gives each coin a value of about $10 million.
Don't rule out any pricing option, look what they were talking about in 2009.
(I must be sick, the less BTC I have, the more bull I feel)
I must recognize that you largely are saying the same thing as me, in my above post from 20 minutes ago, but of course, you said it first, 9.5 hours ago.
By the way, VB1001.... what is going on with your finances? You have not figured out some way to buy back some sats? aka stack some sats.
I do appreciate that sometimes, some of us, have circumstances (negative cashflow situations) in which we are not able to save/invest... surely, that would be frustrating.
You have seen the $1 per day thread? Of course, I speculate that you adequately understand the concepts of DCA.. and doing what you can in terms of investing into BTC and attempting to live within your means to be able to accomplish sat stacking investing... so maybe my post here is just meant to help highlight these kinds of points for any like-situated peeps who might be reading this thread.