If bitcoin did a 1000:1 split so there was a 16 billion coin current supply and an adjusted price around $1.20 each, do you think we would hit a $100 billion market cap faster than the current 16 million coins and $1200 price?
Or would it make no difference at all? Mathematically it's the same but price can play tricks with the mind.
What do you think?
Or would it make no difference at all? Mathematically it's the same but price can play tricks with the mind.
What do you think?
I wouldn't think so, why should be 1000:1 coins at the moment, I don't see any reason for this, only if you want to make yourself to think that I'm richer now because I own 1000x more bitcoins than before but the value is the same, lol. As Holliday user posted the link, bitcoin has enough digits and calculating how much a satoshi costs does not come to 1 cent. Maybe when it is equal to 1 cent bitcoin can be divided into smaller amounts.
