I never really had any doubts from the start (2017 roughly) that fractions of a bitcoin were purchasable. Once you go beyond seeing a value, and move on to being actually interested in the purchase (or simply reading around a bit), you soon learn that fractions are a thing, and units likely an aspirational amount nowadays.

Earlier this year I saw that CoinMarketCap created a separate entry for Satoshis (see https://coinmarketcap.com/currencies/satoshi/). I don’t really favour that sort of entry, as it could be somewhat misleading (I mean ranked in position #6200, no market cap data, etc. really? ...).

They had no choice, they would have had basically a duplicate bitcoin entry, what they did was create a coin with the marketcap data and price from bitcoin and not add any trades for it so it ranks on 6000+ because it's considered zero volume. Rather than misleading I would consider it totally useless, they could have added a single line on the bitcoin page with the price for a satoshi if they wanted to show the price.


Poeple are not only stopping short of buying only because of the price per the whole piece, which is a bit stupid since how can you do the equivalent in gold, one oz, on gram one kilogram, what's there considered a whole piece? But also because the price seems a bit too high for it to produce results some shitcoins do in their pump and dump schemes.

They see the price at 40k and they say that there is no chance for it to go to half a million, but for a shitcoin worth 3 cents they perceive the increase to 30 cents as possible, if we look at the doge event for example. It's not completely wrong, as it's indeed far easier for a shitcoin with a market cap of 1 million to reach 10 million than for bitcoin to end at 10 trillion, but at the same time, it comes with the risks of never ever going a cent over and ending up as nearly all altcoins do at 0.

Anyhow, with every passing day, the percentage of those than can claim a >1btc buy is dwindling since it's becoming almost impossible for a lot of the people in this world to do such purchases, right now only 32 countries have a bigger median wealth per adult than 1 BTC.

Just adding to what you said, it feels quite reasonable to want to watch an asset before you buy any though also. I think a lot of us sat and watched crypto for a while before buying any but it does prime you for being able to hold it regardless of what happens with the price.

A random newbie who impulse buys a few parts of a btc is going to be more likely to sell it than someone who's been I interested for a while and finally got the confidence to buy some - even if it is at a higher price.

It also kinda has made sense from the cycles of bitcoin that some people only really invest or engage with the market after we've broken an ath we hadn't broken in a while and I think that's a lot of what people have been doing.

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So, in short, what looks tiny now could start to look huge at some point. When I started here, btc was at around $220, I didn't buy any until we were over $1k but I felt a lot safer doing it that way - even if it meant I had to settle for less.

Yes this misconception is huge but people who are really interested in bitcoin will do research on this and find out that they are able to buy in fractions as well.
The main reasons why this is a huge misconception among newbies is because of the following reasons.

1. They see the price of 1 bitcoin and find it expensive to buy and thus don't care to research about it
2. Stocks have a minimum quantity of 1 share and hence they think the same logic applies here

But people are being more aware these days which is why we can see many new people joining the crypto community these days.

This misconception happen because they're often buy shitcoins and want to made quick profit. Take an example 1 Bitcoin worth $41.000 right now, if the price increase to $60.000 of course $19.000 is really good profit if you own Bitcoin but if you own little amount you'll only get +31%.

However if shitcoins worth 1$ right now and then increase to $5, literally you already multiply 5x from your capital. They will satisfied with +500% rather than +31% only, but there's a lot possibility the shitcoins price could decrease to $0.1 or $0.0001 (worthless) while Bitcoin doesn't.

That's what they think when they said Bitcoin price is too high.

In early 2017 when Bitcoin was not really that popular as it is today, I was able to buy at least 2 BTC and if I can still remember right that price was around $500 give or take. Now, at that time, the very reason I bought some was to participate in a program that turned out to be a big scam...I never thought that eventually Bitcoin will grow and grow so eventually I lost my Bitcoin. This is a very sad story of an opportunity lost but I think I am not alone with this experience...so many regrets but we have no choice but to move on. Yes, of course, many people have the misconception that they must be buying at least 1 BTC when in fact they can buy whatever amount they can whether big or small...

What should be the usecase or thought if we buy more than 0.1 BTC or less than 1 BTC at a time?There is a maximum number of people who can't vote on any option. BTC doesn't care how much of a maximum amount you buy at a time. The thing is, did you buy any BTC? Or even just one sat.And you say you don't believe that the maximum number of people will see 1 Bitcoin. Yeah, you are right, because all people aren't rich. But there are lots of people who now own one bitcoin. But they didn't buy this 1 bitcoin at a time. They might invest anywhere from $10 to $500. Again and again, they invest and have now become whole bitcoin holders. No matter how much time it takes, if you are buying bitcoins or not, If you are an investor, then you don't have any misconceptions, I think.
This is my opinion. Others may be different. Thank you.

It's surprising to me that the poll results are so polarized, with most people either buying a very small amount or more than 1 BTC. I've never encountered people who didn't know they could buy a fraction of Bitcoin, but I can see from other replies here that, apparently, it's a real problem. Of course, people should be aware that they can invest any amount of money, and that there's no need to be very rich to invest in Bitcoin. That being said, a $20 investment probably isn't worth it because it is highly unlikely to ever amount to anything worthy. Not to mention that often the fees will not make it a sensible investment and will take a big part of it.

It is not really surprising because many of us here have been around for a while. Some have been here since as early as 2015 or 2016. So it is easy to believe that they have indeed bought at least 1 BTC in just a single transaction. Bitcoin at that time was just hundreds. It was less than a thousand dollars so a lot of ordinary people could easily afford even more than 1 BTC. But times fly so fast with Bitcoin. A few years later, 1 BTC is already worth more than $10,000, $20,000, $30,000, etc.

Many of us have been around since that time, I have come when BTC touches $1200 and then took a dive down to $300 which a fellow webmaster signals me to buy some. I bought more than 3.xx BTC only to discover it dips more to $200.  I panic, sold, and buy again when it started going up.

The misconception is that people always want to have 1BTC and not a fraction but its just too expensive these days and newbies don't realize they can own just 0.05.