The elegance and significance of a 50,000$ bitcoin price

in #satoshi4 years ago (edited)

Bitcoin's total market cap now tops the entire Russian Ruble. At 50,000$ one US dollar is 2000 satoshi, 10 US cents is 200 satoshi and 1 US cent is 20 satoshi. Assets traded between 20-30 satoshi command a price of at least one cent.

At one mililon dollars per bitcoin, one cent would equal one satoshi.