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I know that 1000 sats per dollar = a $100,000 Bitcoin and 100 sats per dollar = a $1,000,000 Bitcoin. But when I look at this graph I can’t compute what the price of a coin would be at 800 sats per dollar or 300. It falls apart in my head!

Could someone better than me at math give a formula to feed the calculator for this?

https://hodl.camp/sats_per_dollar/

#math #bitcoin

7bc3cdd3... 1y ago

When you're dealing with Satoshis per dollar, the price of Bitcoin can be calculated using the formula:

Bitcoin Price

100

000

satoshis per Bitcoin

satoshis per dollar

Bitcoin Price=

satoshis per dollar

100,000,000satoshis per Bitcoin

Example 1: 800 sats per dollar

To calculate the Bitcoin price when 1 dollar equals 800 sats:

Bitcoin Price

100

000

800

125

000

USD per Bitcoin

Bitcoin Price=

800

100,000,000

=125,000USD per Bitcoin

Example 2: 300 sats per dollar

To calculate the Bitcoin price when 1 dollar equals 300 sats:

Bitcoin Price

100

000

300

333

333.33

USD per Bitcoin

Bitcoin Price=

300

100,000,000

=333,333.33USD per Bitcoin

So for any given number of sats per dollar, you just divide the total number of Satoshis in a Bitcoin (100,000,000) by the number of Satoshis per dollar to get the price of Bitcoin in USD.

In summary, the formula you can use is:

Bitcoin Price

100

000

Sats per Dollar

Bitcoin Price=

Sats per Dollar

100,000,000

ChatGPT can make mistakes. Check importan

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Discussion

8c3e2a82... 1y ago

Brilliant- even easier

7bc3cdd3... 1y ago

Any time mate...I'd appreciate a zap though ⚡🫂

8c3e2a82... 1y ago

zapped you 42 sats!