It is all about the Satoshi, not the dollar price

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Avatar for KennieKing
2 years ago

Satoshi means the smallest fraction or denomination of Bitcoin or other tokens, which is equivalent to 100 millionth of a Bitcoin, though it can be split into smaller units to facilitate smaller transactions, in a shorter words, Satoshi is the smallest unit of the Bitcoin cryptocurrency.

This is names after the creator of Bitcoin, in the person of Satoshi Nakamoto, After he left the project, the other developers decided to name the fraction after him, and it has been like that since then, example of Satoshi is 0.000000000000, so having one Satoshi is for example 0.0000000000001, the dollar can change but the Satoshi can never change, the Satoshi affects the price in the market.

It is about the Satoshi:

The best we can do in crypto space is accumulating more Satoshi, which could worth so much more in the future in terms of Price, no price effect without Satoshi. One can have 0.000001 Satoshi of Bitcoin cash, today it could be worth $0.00039, but tomorrow it could be worth so much more in the future as high as $0.01, thats the power of stacking much more Satoshi in your portfolio, it is all about the Satoshi.

It is not about the price:

Price doesn't affect the Satoshi, it is Satoshi that affects the price, because Satoshi could remains the same but the price may not remain the same. We cant look at the price when it comes to Cryptocurrency, one could develop heartache or even blood pressure, the only way one can be saved is by assuring the Satoshi is intact and keep accumulating more at a slight opportunity. When price of cryptocurrencies in the market falls, Satoshi doesn't fall, rather it remains constant and unchanged, hence more reason why we need to be more concerned about the Satoshi and not the falling in price in the market.

In conclusion: The world is changing and we have to change with life, get more information and make more research about cryptocurrency, of course it is the future and nothing can stop it from growing, down, except we want to bring the internet down which is not possible. Satoshi is more important that the fiat price in the market, price can change but the Satoshi that one keep stacking may not change so far its not sold, it keeps increasing in price as the market recovers.

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2 years ago

Comments

There is surely a lot to learn about the cryptocurrency and it crypto verse at large. Eve day is see myself learning new thing and this is surely another to learn for today. I only thought Satoshi was the name tagged to the founder of Bitcoin

$ 0.01
2 years ago

at all brother, from my research too i got too know satoshi is the name of the founder of bitcoin and the numbers were named after him

$ 0.00
2 years ago

Thanks for the well detailed write up. Thumbs up 👍

$ 0.01
2 years ago

This is why I am trying to accumulate more satoshi especially when the price of bch is low because I know when the price goes up, it will benefit me. I don´t look at the dollar but the satoshi.

$ 0.01
2 years ago

that is of course the way to go, i keep stacking more now that the price is low, its going to worth so much more when the market finally recovers

$ 0.00
2 years ago

Agree with you. I used to count the USD value of my assets but learned to look in the satoshis.

$ 0.01
2 years ago

looking at the USD value could give heart attack lol, the best way i have learned it to look at my satoshi and keep stacking more

$ 0.00
2 years ago