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Author Topic: Why do people seem to value 1 full BTC?  (Read 429 times)
tinopener
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January 11, 2021, 01:16:02 AM
 #41

Come on guys, let's be honest...

It's to impress the girls  Cool
ilhamsugihamin
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January 11, 2021, 01:38:55 AM
 #42

In my opinion it is a goal and motivation, with the intention of collecting 1 BTC there will be a sense of enthusiasm to get BTC from trading or bounty and when you succeed in achieving it there will be an extraordinary feeling.

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January 11, 2021, 08:38:56 AM
 #43

I see lots of people placing value specifically on owning full (1) BTC. Is this just a flex, or is there some advantage to this, versus just owning some fractions of BTC?

You can already buy youd own house or put up  a good business if you own one whole bitcoin in my place. That is why it is valuable to have such 1 full of btc. I hope this makes sense to you. Especially that the price of bitcoin when you conberted it into our fiat currency definitely costs a lot.

Acrually, even if you only own half of btc or some part of it. There is already a great value that can eventually help us in financial status. There's advantage of holding it in terms of emergency cases of financial situation.
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January 11, 2021, 09:39:56 AM
 #44

Having one whole BTC is much more attractive than just holing a fraction of it.

It just makes life a lot easier, though, I do understand that given its current price not many people can afford a whole BTC. Alas, some fraction of it is still better than nothing...
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January 12, 2021, 06:56:25 AM
 #45

I see lots of people placing value specifically on owning full (1) BTC. Is this just a flex, or is there some advantage to this, versus just owning some fractions of BTC?
I think it is just to flex there isn't really an advantage on owning a whole BTC compare to having some Sats or fractions of BTC.
And I am also one of those who are aiming to achieve or have a whole BTC it's just that it has always been my goal ever since I came into crypto.
It is something that I could be proud of when I finally achieve it but I am already proud of what I had or gained in crypto I just want to continue on my greatest goal since I have been here.

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January 17, 2021, 02:50:19 AM
 #46

~
...
To some it's just a flex. But to others, it's also a dream come true.

That is so true.

Surely now, there are a lot of those people living their dreams because of what happened in the past few weeks. Despite the short time that it happened, I think it is a dream come true to them. Still, I don't see anyone flexing their Bitcoins since most of the people that I know that saved an amount is not talking about it nor bragging it. I will just be surprised if I saw their wallet accidentaly sometimes.
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January 17, 2021, 03:40:38 AM
 #47

Having 1 full bitcoin is far better because it has more value than fractional part of bitcoin, it can also buy more things. In a way it is a flex but more on a humble side like being proud of your hard work to reach to that point, think of it as a bragging rights.

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January 17, 2021, 03:43:13 AM
 #48

I see lots of people placing value specifically on owning full (1) BTC. Is this just a flex, or is there some advantage to this, versus just owning some fractions of BTC?

How many times you have used mBTC or Satoshi to measure your holdings? Also, most of the people tend to compare Bitcoin with fiat currencies, where sub-units are very rarely used. And this is one of the prime reasons why some of the newer and inexperienced users go for altcoins rather than Bitcoin. They never look at the market cap. After checking the exchange rates, they decide that Bitcoin is too expensive and they go for alts such as ETH and XRP.

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January 17, 2021, 10:08:00 AM
 #49

In my opinion it is a goal and motivation, with the intention of collecting 1 BTC there will be a sense of enthusiasm to get BTC from trading or bounty and when you succeed in achieving it there will be an extraordinary feeling.
That's for sure. It definitely gives a feeling of satisfaction when you have finally earned 1 BTC. Earning a portion already makes us feel happy. How much more if it's 1 BTC, right?

And, as you've said, it's also a goal or a challenge. Like this year, I should be able to earn this amount then next year, another amount. And for a given time, you challenge yourself earning bitcoin until you've reach your goal. 1 BTC is already big for me. Especially when the price is at its highest peak.

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