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0 sats \ 0 replies \ @Brunswick1 OP 7 Apr 2022 \ parent \ on: A tool to think in bitcoin: A proposal to standardize sats per dollar in transactions bitcoin
What the spreadsheet tells us is that you will have better than 2.5% accuracy if you:
- round to the nearest hundred sats/$ when bitcoin is between 4000 and 2100 sats/$ ($25k to about $48k)
- round to the nearest fifty sats/$ when bitcoin is between 2100 and 1000 sats/$ (about $50k to $100k)
Another way to put it is
"above 2100 sats/$, round to nearest 100, below 2100 sats/$ round to nearest 50."
This works up to $100k/BTC