Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Elwar
on 03/10/2021, 18:16:11 UTC


https://usdsat.com/

Note, that's a logarithmic scale!

I've started to think of satoshis in terms of being .1 cents when trying to calculate value. That is how much they will be worth when the price is $100k.

I spent a few years thinking of BTC in terms of $1k/BTC when the ATH was $260. I knew it would reach that number and when spending or buying BTC I thought of it in those terms. I recall reading a reddit thread of someone doing the same thing.

So now I am treating BTC as being worth at least $100k and acting accordingly. When I have to sell to pay for something I am keeping in the back of my mind that I'm selling at 50% off at these low prices.

At $100k/BTC 1k satoshis is one dollar. I'm fine with adopting sats as the standard with that in mind. $10 is 10k sats, a $25 meal is 25k sats.