So often the argument, 'but it's 1 sat', is offered in encouragement for a low-tier shitcoin purchase. Often I have filled my bags at this rate and have been fortunate enough for the price to truly be at a discount, sometimes doubling my #Bitcoin in a day.
Recently I purchased BIGUP. The slogan for this trashcoin is 'Built for BIGness'. No, I'm not joking. It went from 0.00000001 BTC to 0.00000002 in 30 minutes, dipped back down to 'the floor', then hit 2 satoshi as I'm typing this.
My question is, is 1 satoshi really what most traders call, 'the floor'? How many shitcoins have sunk beneath what is described as rock bottom?