Bitcoin Forum
November 04, 2024, 04:39:24 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Economics > Speculation > If Bitcoins are worth $1,000,000 each, then a Satoshi is worth 1¢
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: If Bitcoins are worth $1,000,000 each, then a Satoshi is worth 1¢  (Read 1261 times)
forbun (OP)
Member
**
Offline Offline

Activity: 107
Merit: 10


View Profile WWW
March 12, 2013, 04:17:44 PM
 #1
http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/

Coincidence?

(Is my math right?)
What name would you give to the smallest unit of bitcoin (0.00000001)? sat. What name would you give to 100 sats? bit. 1 bit = 1 uBTC. 1,000,000 bits = 1 BTC. It's bits
Mageant
Legendary
*
Offline Offline

Activity: 1145
Merit: 1001



View Profile WWW
March 12, 2013, 04:24:34 PM
 #2
Yes, that's right.

And I don't think that's a coincidence, though I cannot prove it.
cjgames.com
SaintFlow
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


The first is by definition not flawed.


View Profile
March 12, 2013, 04:38:41 PM
 #3
Quote from: Mageant on March 12, 2013, 04:24:34 PM
Yes, that's right.

And I don't think that's a coincidence, though I cannot prove it.

coincidence is what you have left if you apply a poor theory.
Like the coin in coincidence.
don't let me make you question your assumptions
Pages: [1]
  Print  
Bitcoin Forum > Economy > Economics > Speculation > If Bitcoins are worth $1,000,000 each, then a Satoshi is worth 1¢
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!