Would bitcoin market cap rise faster if bitcoin did a 1000:1 split?

[Syke]

To add -- 1 Bitcoin does not exist. If someone sends you 1 Bitcoin, he is sending you 100,000,000 satoshis. It's the GUI that shows you have 1 Bitcoin in your wallet. People don't seem to understand that when they look at the 21 million coin cap, it's not that there are only 21 million coins ever to be produced, but in reality the coin cap is slightly under 2,100,000,000,000,000 satoshis or units (whatever people like to call them).

I'm holding out for parity with 1 satoshi = $1. Then we've won.

[The Sceptical Chymist]

It seems very, very unfashionable to say it around here, but I think it's an emphatically big fat yes with knobs on.

Most people heavily into BTC at present are not like your average person. Your average person likes to own large numbers of small units. They also don't want a string of zeroes before the figure they need.

You can frame it all you want with a faint air of derision, but that's just how it is and always will be.

Then we'll get the 'well we've got mbtc and satoshis' and indeed we do but why is absolutely nothing priced in them?

  ^^^ this ^^^

Then let us all use doge or the like.  Then we can all feel big.  No?  No.  The interest in crypto overall  just isn't there.

Labor on bitcointalk is priced in satoshis, btw.  People will tear each other to shreds for very small sums.

[crypteris]

I can see some logic behind this "split" idea.
Some total noob, never heard about btc and cryptocurrencies, looks at  the bitcoin price of $1200 and thinks:
"This is too expensive for me, i can`t buy a bitcoin."He doesn`t know that a bitcoin can be divided into smaller parts so he is too afraid to buy.
Or maybe he thinks that $1200 is too much,this is a speculation bubble and the price will be $200 after one week.
Those thoughts might stop a lot of noobs from bying btc.

Can only imagine, what noobs are saying right now, when btc is almost 20k each