RE: Bitcoin Is Dirt Cheap - The Trouble With Unit Bias

I think that you're right the vast majority of people who are getting into BTC like I did in 2016 didn't bother to do any research all they see is number go up. It's quite an interesting behaviour I must say, when we all got rekt in 2017 many left and others stayed for the tech and to find out why, the cycle keeps repeating.

I'd say its still a small minority who understand unit bias though, even people who have been in crypto for years, don't get it, or you wouldn't see things like "cheap hot alt coins" content and people buying things because the unit price is cheap like XRP which doesn't have much else going for it