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File: 93 KB, 1024x582, FractionalBTC.jpg [View same] [iqdb] [saucenao] [google]
29294207 No.29294207 [Reply] [Original]

Do you understand the implications of normies not realizing that they can buy fractions of BTC? I've been on vacation with my extended family for the past two weeks and no less than 5 family members approached me with crypto questions. Every one of these 5 peolle thought that they had been permanently priced out crypto after having read headlines about BTC breaking the 50k barrier. These people literally think it's like purchasing a unit of stock. As such, if >95% of the population is like this, what happens when they collectively figure out that they can buy $25-$100 worth?

>> No.29294255

>>29294207
Meh

>> No.29294873

>>29294207
Not as much as when nation states start fomoing in with the soverign wealth funds.

>> No.29295049

>>29294207
>when they collectively figure out that they can buy $25-$100 worth?
they see the coinbase transaction fees and the gas fees and nope out

>> No.29295127

>>29294207
Entire shitcoins only exist because of unit bias. Latecoiners love to feel like they go into something at the floor. Bitcoin should market it's price per sat not per entire coin.

>> No.29295147

>>29294873

What do you think this would do to the price of 1BTC? Will we finally start using mBTC as a unit of measure?

>> No.29295151

>>29294207
you gotta understand normie mentality, they don't want to own 0.005 of something. they want to be able to proudly exclaim "well i own a whole dozen of this buttcorns" if they say "i own 0.005 of a bitcoin" they fear that everyone will laugh at them, which the other normies will actually do, because they are also retards

>> No.29295299

>>29294207
There's more.
I also was in some conversation about crypto.
People didn't get the fact that if you buy 1000 token around 0.02$ and resell it to 2$, you would be rich. I asked why ? They all fucking told be that 0.02$ is really not a lot you should not buy this shit.
In which world are they living ? This people were all in university ?
This is the end of western world. I'm all in BNB.

>> No.29295366

>>29294207
You can buy fractions of stocks too, you just hang around retards.

>> No.29295480
File: 335 KB, 403x294, file.png [View same] [iqdb] [saucenao] [google]
29295480

>HoW mAnY bItCoInS dO yOu HaVe
>exit conversation

>> No.29295530
File: 267 KB, 450x373, cathi.png [View same] [iqdb] [saucenao] [google]
29295530

>>29294207
this is why we need a Bitcoin ETF and/or mainstream ETFs that have a significant allocation to BTC.

>> No.29295645
File: 19 KB, 399x384, 1603362457708.jpg [View same] [iqdb] [saucenao] [google]
29295645

>>29294207
>family members approached me with crypto questions

why?
DO NOT tell anyone, not even your wife or parents, that you have bitcoin. You fucking idiot of a kid. Dumb ass

>> No.29295673

>>29294207
>These people literally think it's like purchasing a unit of stock
looks like you're not much smarter than they are