Just trying to figure out and calculate how much 0.01 Bitcoin would cost in $ if 1 Bitcoin hits $100,000.
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2I'm voting to close this question as off-topic because it is basic math and unrelated to cryptocurrencies.– Pieter WuilleAug 10, 2019 at 20:28
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While I see your point. I guess if people ask such a question others might search for it and SE has a good visability with search engines thus I will answer it now.– Rene PickhardtAug 10, 2019 at 22:04
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1 Answer
First of all 0.01 Bitcoin is 0.01 Bitcoin which is one hundredth of a Bitcoin.
So if people would be willing to pay $100,000 for one Bitcoin naive economy and math would suggest that they are willing to pay one hundredth of that amount for one hundredth of a Bitcoin which is $1,000.