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Topic: 1 satoshi = 1 US cent? In next 5 years? (Read 3114 times)

sr. member
Activity: 756
Merit: 252
October 12, 2017, 12:27:08 PM
#82
1 satoshi per dollar which mean 1 bitcoin equal to $100 million but it's pretty hard to reach it even for next 5 years but nothing impossible in cryptocurrencies and maybe it will be happened someday and i would be so glad if this predictions will true

1sat=$1 would be funny because someone at the bank would go crazy anytime you try to cash out currently modest amounts.
0.03 BTC (now $120) would be $3mil, LOL.

In all seriousness, I can see, possibly, 1sat=1cent (in current $) in 10 years, maybe 20.
I can't imagine 1sat=$1 in the foreseeable future.
At that point no one is going to be able to cash out and probably bitcoin will be the most dominant currency in the entire world why would you want to convert your bitcoin to dollars when you could buy whatever you want with them and with less hassles than with dollars.
legendary
Activity: 1442
Merit: 1025
October 09, 2017, 11:42:22 AM
#81
I think its a funny question. This is speculation sector but speculation should have a limit mate. Well as to this topic,,   maybe it will happen in future cause anthing is possible in this cryto world.  But i don't have any idea right now about it. Let's see when it will be happen
Is there really a limit to speculation? Everyone obviously is free to stick out their opinion whether they sound ridiculous or not. It is fun sometimes, when we imagine something like this happening one day and then wondering what one would be worth by then.

We cannot predict quite sure, but like you said, I am not sure something like this can happen in few years to come. Probably in the next few decades, but since we cannot predict the future and we do not know how fast bitcoin can grow, then we will just keep guessing.
full member
Activity: 518
Merit: 103
October 07, 2017, 10:05:06 AM
#80
i think this is plausible, but i think, we should really study it further, i agree with 1 satoshi to be equivalent to 1 us cent, but i think it will not be on the next five years, since we cannot tell what will happen during that time, another china incident might take place and though the price of bitcoin is rising, if an incident like that happens again, it might still cause panic to others. things are going smoothly now for bitcoin, but still we should make a plan whenever bitcoin's value is going up or going down, a good strategy is still the best, though the price of bitcoin will sure rise, because of the support it is getting from other source, like japan, goldman sachs, dubai, and now even china, there is an article that is saying that,china is bringing back its exchanges as long as they have licenses, i think for now we can say that 1 satoshi being equivalent to 1 us cent, will be much clearer, still we should not lax, since bitcoin is very volatile, though the trend is going up, a negative news,might still affect us, hopefully this speculation will be sooner on in exactly in the next years.
full member
Activity: 727
Merit: 109
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October 06, 2017, 09:28:12 AM
#79
I think its a funny question. This is speculation sector but speculation should have a limit mate. Well as to this topic,,   maybe it will happen in future cause anthing is possible in this cryto world.  But i don't have any idea right now about it. Let's see when it will be happen
sr. member
Activity: 756
Merit: 252
September 30, 2017, 06:24:03 PM
#78
instead I do not believe if the bitcoin price could equal 1 satoshi = 1 US cent. but, seeing the possibility of it happening in 5 years, I think that's impossible. even when transactions are speeding up, it will not happen. if 1 satoshi = 1 US cent, then 1 bitcoin can only have a very rich person.
Correct that is never going to happen but in the case that happened not only rich people are going to get bitcoin remember that you can buy smaller units of bitcoin besides all of us that are early adopters can get bitcoin for cheaper today and save for the future and get access to bitcoin regardless of the price at that time.
It can be happen not in 5 years but i think it could be happen after 10 years or 15 years.. since there is block halving event we expect that the source of bitcoin will reduce more so if the block rewards for miners is reduced more expect that the price can be increase more..  remember what happen from last block halving that the price is getting more increase until now more than 3x increased of the price of bitcoin .. it could be happen after few years we will see more price high for bitcoin ..
The last halving combined with segwit activation made people really bullish about bitcoin, the next halving is going to happen somewhere close to the Olympic games that are going to be held in Japan and that could push the price very high since Japan is one of the countries were enthusiasm for bitcoin is at its highest.
sr. member
Activity: 868
Merit: 289
September 27, 2017, 04:24:44 AM
#77
Hi,

Do you believe that the price of bitcoin could rise so much to become 1 satoshi = 1 US cent?
Some folks are saying BTC will reach 25$K in 2 years and Half a million in 5.
There's nothing wrong to dream about that amount of value, Well it maybe or maybe not lets pray to make it to be happen as much as we can so that everybody happy, isn't right?
hero member
Activity: 1274
Merit: 513
September 26, 2017, 06:30:25 PM
#76
If 1 satoshi is equal 1 us cents for sure the price is 1million dollars but it will not happen even after 100 years or forever. Because for me the highest price of bitcoin is 30k dollars only but everything is possible to happen. Half million after 5 years is also impossible to happen and 25k dollars after 2 years is 20 percent I think will happen but we dont know what the exact price of bitcoin in the next few years. But I hope the price will continue to increase so we can make a lot of profit in the future.
hero member
Activity: 532
Merit: 500
September 26, 2017, 06:21:49 PM
#75
I had a thought: all of these predictions are predicated on the belief that the US dollar will roughly maintain its value.  While this appears to be true for at least the near future, a US financial crisis, especially if it involves the US treasury markets, has the potential to be catastrophic to the dollar.  If the world actually starts caring about the US national debt, there's a chance we could end up with a huge debt crisis like Greece, Spain, etc.  If that happens, the dollar may crumble, which would lead to a higher USD/BTC exchange rate.
hero member
Activity: 1190
Merit: 525
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September 26, 2017, 05:53:44 PM
#74
We believe in what we see, people that are here more then two years seen that with bitcoin price anything is possible.
25000 dollars in two years its almost 6 times more then now, bitcoin can do that but will it its a big question.
My prediction is more then 7000 dollars before next year, double more in next whole year and in 2019 we will be near 20000 dollars, that's sounds feasible in my opinion.
2020 will be a year of halving and that can push price very high, so even 50000 dollars in 5 years can happen.
Hold bitcoins, or at least one for next 5 years, what ever happen and no matter what others are talking, fud they spreading, hold and wait.

Everything is possible, but the scenarios change all the time and really fast making very hard to have solid predictions on long term. 5 years is too much time to say with accuracy what will happen, anyway, I think 1 satoshi = 1 cent it's too hard to happen, Bitcoin must hit $1.000.000 and I don't think it will happen so fast even being optimistic. There are some people predicting crazy scenarios, but I think it's more about their wishes/desires than real facts.
legendary
Activity: 3122
Merit: 1171
September 26, 2017, 05:38:09 PM
#73
We believe in what we see, people that are here more then two years seen that with bitcoin price anything is possible.
25000 dollars in two years its almost 6 times more then now, bitcoin can do that but will it its a big question.
My prediction is more then 7000 dollars before next year, double more in next whole year and in 2019 we will be near 20000 dollars, that's sounds feasible in my opinion.
2020 will be a year of halving and that can push price very high, so even 50000 dollars in 5 years can happen.
Hold bitcoins, or at least one for next 5 years, what ever happen and no matter what others are talking, fud they spreading, hold and wait.
hero member
Activity: 532
Merit: 500
September 26, 2017, 05:27:42 PM
#72
I think that bitcoin reaching $25k, $50k, or maybe even $100k in the next 5 years might be possible.  But I don't think it's going to be $1M.  With around 18M bitcoins mined, $1M per bitcoin would mean a market cap of $18T.  Now I realize that market cap is simply price times the number of bitcoins, but $18T is about the GDP of the entire USA right now.  It would take a lot of huge investors (banks, hedge funds, millionaires/billionaires) to get us anywhere close to that point.
legendary
Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
September 26, 2017, 01:35:16 PM
#71
If the trend will continue and bitcoin ecosystem will going smooth in the future like no more problems may arise like transaction fee issues, scalabilty, etc and no more bitcoin dramas this price is very possible in the next 5 years or in the next 3 years no can can told if it will really happen but the best thing to do is hodl your btc and save it for the future.
Problems happening with bitcoin is obvious and the growth happening with the network is simply very big compared to several other asset related profiting. Price fluctuation happens, but growth accompanies the loss helping retain in value at the earliest possible.
sr. member
Activity: 532
Merit: 251
September 26, 2017, 01:04:37 PM
#70
yes, it may not be up to 1 usd very soon, but I believe we are going to talk about price of satoshis not the price of bitcoin. price of gold is quoted as ounces or grams, not tons. bitcoin price will be quoted as satoshis because bitcoin price will be too high to compare
sr. member
Activity: 656
Merit: 250
September 25, 2017, 09:49:04 PM
#69
If the trend will continue and bitcoin ecosystem will going smooth in the future like no more problems may arise like transaction fee issues, scalabilty, etc and no more bitcoin dramas this price is very possible in the next 5 years or in the next 3 years no can can told if it will really happen but the best thing to do is hodl your btc and save it for the future.
legendary
Activity: 3738
Merit: 3848
September 25, 2017, 09:08:43 PM
#68
1 satoshi per dollar which mean 1 bitcoin equal to $100 million but it's pretty hard to reach it even for next 5 years but nothing impossible in cryptocurrencies and maybe it will be happened someday and i would be so glad if this predictions will true

1sat=$1 would be funny because someone at the bank would go crazy anytime you try to cash out currently modest amounts.
0.03 BTC (now $120) would be $3mil, LOL.

In all seriousness, I can see, possibly, 1sat=1cent (in current $) in 10 years, maybe 20.
I can't imagine 1sat=$1 in the foreseeable future.
legendary
Activity: 3248
Merit: 2971
Block halving is coming.
September 25, 2017, 08:00:16 PM
#67
instead I do not believe if the bitcoin price could equal 1 satoshi = 1 US cent. but, seeing the possibility of it happening in 5 years, I think that's impossible. even when transactions are speeding up, it will not happen. if 1 satoshi = 1 US cent, then 1 bitcoin can only have a very rich person.
Correct that is never going to happen but in the case that happened not only rich people are going to get bitcoin remember that you can buy smaller units of bitcoin besides all of us that are early adopters can get bitcoin for cheaper today and save for the future and get access to bitcoin regardless of the price at that time.
It can be happen not in 5 years but i think it could be happen after 10 years or 15 years.. since there is block halving event we expect that the source of bitcoin will reduce more so if the block rewards for miners is reduced more expect that the price can be increase more..  remember what happen from last block halving that the price is getting more increase until now more than 3x increased of the price of bitcoin .. it could be happen after few years we will see more price high for bitcoin ..
sr. member
Activity: 756
Merit: 252
September 25, 2017, 07:54:19 PM
#66
instead I do not believe if the bitcoin price could equal 1 satoshi = 1 US cent. but, seeing the possibility of it happening in 5 years, I think that's impossible. even when transactions are speeding up, it will not happen. if 1 satoshi = 1 US cent, then 1 bitcoin can only have a very rich person.
Correct that is never going to happen but in the case that happened not only rich people are going to get bitcoin remember that you can buy smaller units of bitcoin besides all of us that are early adopters can get bitcoin for cheaper today and save for the future and get access to bitcoin regardless of the price at that time.
hero member
Activity: 1204
Merit: 500
September 21, 2017, 03:22:15 PM
#65
instead I do not believe if the bitcoin price could equal 1 satoshi = 1 US cent. but, seeing the possibility of it happening in 5 years, I think that's impossible. even when transactions are speeding up, it will not happen. if 1 satoshi = 1 US cent, then 1 bitcoin can only have a very rich person.
sr. member
Activity: 756
Merit: 252
September 21, 2017, 12:09:34 AM
#64
Hi,

Do you believe that the price of bitcoin could rise so much to become 1 satoshi = 1 US cent?
Some folks are saying BTC will reach 25$K in 2 years and Half a million in 5.
This would really be a great thing if this ever happens,
But lets just see anything could happen so maybe it could in the future lets just hope for it.

If that is possible to achieve in 5 years in the sense you can earn bitcoin via faucet also. That few satoshis you can earn in the faucet site will also help us and can get more in USD. As satoshi nakamota speculates bitcoin price will touch the 10K USD value in few years. Please hold the bitcoin whatever you earn in online.
Can you send me the source of news tell Satoshi Nakamoto speculates Bitcoin price will touch to $ 10,000? I remember Satoshi just said in future, Bitcoin community will grow more and we will see Bitcoin and Blockchain create a revolution in world's finance and economy .
It is unlikely that satoshi ever speculated something that specific, the only speculation that I remember that satoshi made was that he thought that bitcoin will be worth a lot in the future or nothing and personally I agree with that, bitcoin is going to succeed or fail.
full member
Activity: 709
Merit: 100
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September 19, 2017, 09:12:31 AM
#63
Hi,

Do you believe that the price of bitcoin could rise so much to become 1 satoshi = 1 US cent?
Some folks are saying BTC will reach 25$K in 2 years and Half a million in 5.

my answer is gonna Noo. You are talking about The price of bitcoin could rise so much to become 1 satoshi = 1 US cent,,
I think it's just impossible. just out of my imagination  but after 50-60 years later, maybe  it could happened if bitcoin exist...
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