If Bitcoin hits $100,000 how much is 0.01 Bitcoin worth in $?

-1

Just trying to figure out and calculate how much 0.01 Bitcoin would cost in $ if 1 Bitcoin hits $100,000.

Dennis

Posted 2019-08-10T20:20:51.180

Reputation: 11

Question was closed 2019-08-10T23:00:12.873

2I'm voting to close this question as off-topic because it is basic math and unrelated to cryptocurrencies. – Pieter Wuille – 2019-08-10T20:28:26.780

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 Pickhardt – 2019-08-10T22:04:48.503

Answers

1

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.

Rene Pickhardt

Posted 2019-08-10T20:20:51.180

Reputation: 6 565

Asked: 2019-08-10T20:20:51.180

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Active: 2019-08-10T23:03:40.107