Topic: Can 1 satoshi be worth $1 in the future? - page 4. (Read 1711 times)

I still think that most of the time people who ask these type of questions do not have a remote idea what marketcap means, and they end up investing into smaller cap projects because of this. I have also seen a lot of people asking if shiba could be just 1 dollars.

The idea on their brain was "it would be ONLY one dollars, one dollar is not a lot of money" without realizing they are talking about just the price but the marketcap is another thing. Considering the supply, neither of these things could happen, it is impossible, not even possible during our life time, it is not going to happen. To think that it could be possible is not something wrong with the idea, it is wrong about not knowing it fully well how all of this works.

Wont 1sat=$1 depreciate fiat money? Faucets give hundreds of sat every hour for example. We all get crypto remains on wallets and exchanges. There will be to much money in the world. Imagine you could click every hour and collect monthly salary. Just imagine how many new billionaires gonna appear in the world because of that. Or the prices would be relevant 1sat=$1, like paying $1000 for a bottle of water.

The first thing that came to my mind is inflation and reading posts from some of you guys really made it like hyperinflation so I was like wrong on that part because it should be more than the inflation that I was thinking. As per looking at the value of 1 satoshi right now is $0.0002616 USD. So calculating everything is gonna take time until we see it happen. Like what we're saying is that everything is possible and I think that should end there without determining when it could happen. That's the exciting part if there's another economy downfall that will make US and other countries make another initiative to print a lot of money and for sure that many of those supplies will go to Bitcoin. We're just becoming stuck to that part because that's the reality. But looking at the typical and normal cycle of Bitcoin, it is going to take time and hopefully that when it happens, I'm still alive by that time.

You're absolutely right, mate! In the world of crypto, nothing seems impossible. If we couldn't have imagined this current price five years ago, I'm pretty certain there's still more room for it to grow. It can be tough to debate with the non-bullish experts, though. They've got their reasons for thinking Bitcoin's bound to take a fall. But with all these all-time highs piling up, things are getting seriously interesting. When Bitcoin hits a million bucks a pop, that 100 million dream is inching closer, no doubt about it.

If the "money printer" goes "brrr", then you can expect "hyperinflation" to plague the USD. Once that happens, BTC market prices will rise all the way to "Mars". If 1 sat goes all the way to $1, developers can easily make Bitcoin more divisible (fractional satoshis) to make it affordable to everyone. No one knows if this will happen, especially when the crypto market is unpredictable. BTC could either go up in the future, remain stagnant, or go all the way down the drain.

What matters is utility, not the price. As long as Bitcoin remains a useful cryptocurrency, nothing else matters. Just my thoughts

But everything has its limit, no asset can increase forever without stopping. In the past, bitcoin could increase 100 times or 1000 times, but things are very different after each bull season, the growth rate of bitcoin becomes smaller and smaller. No one knows what the future will be like, but we also need to be a little realistic, not too delusional or too dreamy.

Currently, we have grown a lot compared to the early days of creating bitcoin but we still cannot surpass $100k per bitcoin so claiming it will touch $1 million per bitcoin is unrealistic. I prefer making predictions over time and having to customize it to needs and how people receive it rather than vague predictions.

I feel like Americans may start to argue with FED's money printing decisions if this keeps on going. In many countries people are more used to inflation. But not in USA. People are probably worried about it a lot. I was reading especially about oil prices. So anyways I agree with you as American dollar may lose a lot of purchasing power in next 30-50 years so we may experience raising value even in Satoshis. But I don't think it will be as big as op says.

Yes bitcoin we have seen in the past many people didn't believe its value would increase so much. But the way Bitcoin price has progressed from low to high, we can say with certainty that there will be more growth in the future. Bitcoin's highest ATH is $69k, so we will see Bitcoin higher in the future. As we know Bitcoin basically halving then the bull market started right around the time Bitcoin changed drastically. Currently this position is priced in but we will see Bitcoin move higher from here in the coming days. And we can say for sure that it will be possible to touch 1 satoshi = $1 in the future if the value of Bitcoin continues to grow like this. But it doesn't matter how long it will take, maybe our future generations who will come will see. So we can confidently predict that as long as the value of Bitcoin goes up, demand for it will continue to increase and its value will continue to fluctuate.

If $1 per sat ever becomes a problem, developers can simply make Bitcoin more divisible (fractional satoshis). In the future, we will be dealing with half of a satoshi (1/2 sat), a quarter of a satoshi (1/4 sat), and so on. As for the LN, I'm surprised to know it's still full of bugs after years of development. This explains why the L2 scaling solution is not as popular as one thought it would be.

Altcoins with on-chain scalability may be a better option, though (eg: Bitcoin Cash). We may be "lightyears" away before 1 sat is valued at $1. Let's just sit back and enjoy BTC while it lasts.

i know OP is a LN supporter.. but its already a failed network. 6 year of bugs and flaws. other subnetwork bridges have more liquidity so dont point fingers that people should move to LN if fee's cost more then $1 per sat.. LN is not the sanctuary
.. many people are already using other subnetwork bridges

anyway onto the point of the topic.
bitcoins code allows sat/kb  meaning people can make a tx for just 1 sat that represents 1kb of data

however the blockspace competition would be that not everyone will get priority if everyone paid the minimum. so space competition will have rankings of people paying 4sat+ per kb where 1sat/250byte* as the min (*a lean 2in 2out tx)

so if 1sat is $1 then a average tx is $4 which as any economy of payment systems of history show. no one likes to pay $4 per wire transfer.. at current inflation value of $4 purchasing power)
even if we take bank wire(mainnet EG) vs paypal(subnet bridge EG) even if paypal offers tx for 1 cent people wont want to use paypal if it costs them $4 to close and open an account each month to rebalance
at current $4+ real world purchasing power... just look at the social drama each time there is a fee war exceeding $2/tx

..
i feel that over all, gone are the days of halving events causing 100x price drama ATH, and 10x drama are gone per halving, so dont expect a $100m btc any time soon

in the recent halving cycles we seen a 3.5x from one cycle to the next ($20k to $70k)
the next one might me 2-3x meaning $140k-$210k

so in the next 2 decades(5 halvings) we may only get to a couple million per btc meaning 100sats being worth $1-$2 thus 1 sat being 1-2cent

where the potential of a 1sat $1 being many many many decades further along.. if ever(the $100m/btc)

the time where i see $1 =1sat is where $1 doesnt even buy you a can of pepsi, whereby $10-$100 is a can of pepsi due to fiat inflation.. thus a $4tx fee of 4sats is a slice of bread cost

There's no harm in expressing ideas with the support of the crypto's inherent "nothing is impossible in crypto" nature. Even 1 satoshi could be worth $10 if the reference point for that dream is what I just mentioned.

1 BTC = $100 million, a substantial value for a BTC, despite its highly uneven circulation. Many whales still hold significant amounts of BTC in their wallets. I can't say this is impossible, but if 1 satoshi = $1, would anyone still want to use it for transactions? Not to mention, in the event of network congestion, the fees would skyrocket, rendering it highly inconvenient for everyday use.

Of course it's possible for that to happen, right? With Bitcoin, many didn't believe that it would be $1300 each, but what happened? It was even surpassed, and its ATH was around 69k each, and it just dropped again to the price now, which is between 26k and 27k.
The only question mark is: when will it happen? This is the question that no one can answer at the exact time, but most of us who are Bitcoin enthusiasts believe that this is really possible; we just don't know if we are still alive or not.

The thing is, most salaries are paid in Fiat. Not only that, but most merchants and/or businesses accept Fiat as payment method. You can bet that hyperinflation will increase our purchasing power in Fiat terms if we held BTC in our wallets. But the benefits will be low if the costs of goods and/or services become too high to bear. We'll have to see what happens by then. But only if we're alive by the time BTC goes all the way to $100m (where 1 sat = $1).

The sky is the limit to how far Bitcoin will go. I'm fine with just a slight increase in market prices as long as I'm able to fill my pockets with money. Just my two sats

not sure if meme coin can be connected to Bitcoin or satoshi , because asking shib to reach one dollar is close to impossible but 1 satoshi? if bitcoin stays progressing for the next 10 or more years then possibilities are there.
actually back in the years when bitcoin does not even amounting a cents, people also have this mindset like yours , but what happened after 13 years?
who can say it will reach this high?

Will dollar continue to be the measure for world currency and reserves. Well, that’s a question for civilization to answer but then yes, 1 sat could equal a dollar in the future.
This you could tell as, bitcoin isn’t a currency for the few, it’s limited and it’s current value can’t serve humanity as should be ideal.

It’s just not enough and that’s why,
It continues to be a volatile currency, still amazing value to itself while gaining popularity and trust amongst individuals and organizations. Looking at what it’s done in the past decade and a few years, you could agree that it’s got more time to grow even bigger and it’s sat worth looking back to before making any sales.

The hyper inflation scenario is too bad to reach 1 Sat to $1, and even if the dollar experiences hyperinflation it doesn't mean other countries' currencies also experience the same thing, what I mean is that if only America experiences inflation it won't be enough to push 1 Sat to $1, Unless all countries in the world experience the same thing, it is far from possible.

I have the same feeling as you, having wealth from bitcoin and seeing many people suffer is also quite painful for me personally, but it would be nice to spit on the people who insulted me investing in bitcoin today.

And you are right, at some point one satoshi could be worth one dollar but without a doubt we will need a hyperinflation scenario for that to happen, and since this is basically a certainty as the many different presidents of the FED have stated very openly they are not going to allow a deflation to take place, then we can say hyperinflation will be the prevalent scenario on a worldwide crisis, still it does not really make me happy as even if I could benefit economically from it the amount of suffering such a crisis will generate is astonishing.

One thing is certain, and that is BTC's purchasing power will increase over time. This will happen not because Bitcoin is a deflationary cryptocurrency, but rather because of Fiat's ever-rising inflation rates. Central banks are working hard to reduce inflation, but that doesn't mean they will eliminate it. Eventually, 1 satoshi will be equal to $1. The real question is when.

If the USD experiences "hyperinflation", it's likely we'll see 1 satoshi being worth $1 during our lifetime. We're heading into economic uncertainty, so anything's possible. Just keep buying and "hodling" BTC to see brighter days ahead. Who knows what surprises we'll find in the future? Just my thoughts

There is a limit to how long the FED can get away with printing so much money, even at the current levels there are countries already complaining about the current system and they are looking for a way out, now it is true those attempts are on the weak side at the moment, but if the US kept printing money then those attempts will do nothing but to increase, also if one satoshi was equal to one dollar this just means the dollar as a way to measure value will become useless, but bitcoin could still be valuable as long as you could still buy expensive assets with it.

It won't, there is really no need to think about this, there are way too many people who calculate based on price and not the market cap and that's our trouble. The same mindset of asking if 1 satoshi will be 1 dollar, is the same mindset of people who has if shiba will be 1 dollar as well.

They have no understanding of the concept of market cap, and because they do not understand what that means, they just look at the price and say "what if it just happens 1 dollar, nothing huge, just 1 dollar which is a small amount", well it might look small amount to say it is only 1 dollars, but the market cap becomes bigger than every asset in the world combined if you do that, hence why it will not happen. It is as simple as that.