Re:Bitcoinity switches to mBTC
by TomGullen on Wednesday December 04, 2013 @08:00PM
(#6851864)
I'm not particularly enthusiastic for the mBTC proposal but on the other hand I don't see it doing any harm.
[ Parent
| on HN ]
Having bought some BTC at lower prices, talking about BTC prices is something really exciting for me since it means money, but I think that mBTC rates is better, because I keep hearing more and more people saying or thinking that they can't afford BTC anymore now it's over $1000.
Talking about buying a few mBTC for ~$1 each sounds way more attractive than buying 0.001 BTC, which feels like buying something worthless.
So I think it's a good thing for BTC to continue to become more mainstream!
"I'm not going to buy any BTC because it's $1000."
Probably means: "The market price is above what I believe it should be."
Not: "$1000 is too much money for me to spend."