1 sat = 1 dollar is very unlikely right now - but there is a good chance of it in the future. I've never believed the other way around - meaning anything that looks like it has potential then I think it has a possibility of being achieved. But to get to 1 dollar for 1 sat then of course we need to wait decades from now - of course because to move a market as big as the market would require a bigger flow of money than now.
Maybe the expectations were too high - but I don't see it as anything to complain about. However, what is clear is that 1 sat = 1 dollar is still achievable even though I believe many of us would have sold bitcoin if they had touched $500k.
Topic: Can 1 satoshi be worth $1 in the future? - page 7. (Read 1722 times)
The minimum TX fee for Bitcoin is one satoshi. Now, imagine if market prices keep going up until 1 BTC is worth $100m. This means 1 satoshi will be worth $1 (USD). Do you think there's a possibility this will happen in the future? If Blockchain capacity remains low, this could be a real pain in the head for the average person using BTC on a daily basis. I know such a prediction is insane, but if there's one thing I've learned about crypto is that nothing is impossible.
Thoughts?
Thoughts?
That's huge, and if this will happen, probably we are already dead, and it is nearing its last halving, which is in the next generation. There are really possibilities in the next few decades, but right now, as of the moment, we can't say that will happen because it needs to make the price of a bitcoin into a million, and right now we are still having problems with its adoption as a lot of countries governments are banning it, so let's see.
Honestly, that's a crazy prediction but we also can't say it won't happen because we also have no proof that bitcoin won't hit $100 million, but once again, that's crazy. Right! we need to be more realistic with what's going on and what we're facing. We haven't even hit $100,000 let alone $1 million, which is a goal that won't be reached anytime soon. But I believe the government ban will be resolved soon because there are not too many countries banning bitcoin. And for it to hit a million dollars, we need a lot of factors combined, not just government acceptance of bitcoin.
The minimum TX fee for Bitcoin is one satoshi. Now, imagine if market prices keep going up until 1 BTC is worth $100m. This means 1 satoshi will be worth $1 (USD). Do you think there's a possibility this will happen in the future? If Blockchain capacity remains low, this could be a real pain in the head for the average person using BTC on a daily basis. I know such a prediction is insane, but if there's one thing I've learned about crypto is that nothing is impossible.
Thoughts?
Thoughts?
That's huge, and if this will happen, probably we are already dead, and it is nearing its last halving, which is in the next generation. There are really possibilities in the next few decades, but right now, as of the moment, we can't say that will happen because it needs to make the price of a bitcoin into a million, and right now we are still having problems with its adoption as a lot of countries governments are banning it, so let's see.
The minimum TX fee for Bitcoin is one satoshi. Now, imagine if market prices keep going up until 1 BTC is worth $100m. This means 1 satoshi will be worth $1 (USD). Do you think there's a possibility this will happen in the future? If Blockchain capacity remains low, this could be a real pain in the head for the average person using BTC on a daily basis. I know such a prediction is insane, but if there's one thing I've learned about crypto is that nothing is impossible.
Thoughts?
Thoughts?
I think that could happen, we just don't know when. If we go back to the year 2017, no one expected that Bitcoin would be more than 20k$ each, many people were surprised by that event and when in 2020-21 its value kicked again in the market by 69k$ then it dropped again and now it is closed to 30k$ each.
Maybe if that happens, I may be old or I may no longer be in this world if not the end of the world. This is just my assessment based on your question dude. Think about that happening even if you only have 0.01Btc it's a big deal to me if I can reach that.
The minimum TX fee for Bitcoin is one satoshi. Now, imagine if market prices keep going up until 1 BTC is worth $100m. This means 1 satoshi will be worth $1 (USD). Do you think there's a possibility this will happen in the future? If Blockchain capacity remains low, this could be a real pain in the head for the average person using BTC on a daily basis. I know such a prediction is insane, but if there's one thing I've learned about crypto is that nothing is impossible.
Thoughts?
Thoughts?
Yes nothing is impossible in the market, anything has a likelihood of happening over another. But imagine if BTC which is now one of the most volatile asset in human history crashed, many people would be affected. That also means that other asset classes would be greatly affected. Stocks would follow to go down, houses, real state. The whole economy too would be affected.
1 satoshi worth $ 1 means 1 btc is worth $ 100 million, of course we are really waiting for this to happen, of course nothing is impossible if one day 1 satoshi can reach $ 1, but we must understand that bitcoin transaction fees are of course also very expensive, maybe for sending $1000 costs at least $100 or 10% of the value we send.
I can imagine how bitcoin 100 million but we have to think again how with the inflation rate of the dollar of course $1 will not be valuable or when bitcoin hits 100 million then $1 is equivalent to $0.01 because of the continuous inflation rate.maybe I am enough of bitcoin hitting a million and thats it.
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If relying on onchain obviously this will be expensive, but I think in the future there will be more second layer networks in bitcoin to solve the problem of lower costs, currently the Lightning Network has started to be popular and many of its uses.
lightning network had been there for long time now but till now there are only small users that uses it or businesses that accepted the network so it will still not helping the market that high. 
Op if not that Miners are getting their percentage from the TX fee I would have said let the transaction should be free like the Fiat Bank. Though Fiat Banks deduct very small amount of fees in every months. Because time is coming that people will be doing transaction with bitcoin every day and each transaction you must pay tx fee which is not really good for the buying and selling of goods and services with bitcoin but it has come to stay so let the tx fee should be very low even in the future. We all see and experienced what happened in the hike of fee in the bitcoin transaction in this year and everyone was complaining. So I prefer the low fee at all time.
Miners will be living well once a satoshi reaches parity with the US Dollar. But average users like you and me will ultimately pay the price as the cost of on-chain TX fees will be too high to bear. I think developers will come up with a solution before this happens. Something like "Fractional Satoshis" would do the trick.
We're talking about decades, if not centuries, before BTC goes to the predicted price of $100m per coin (which translates to $1 per satoshi). Never underestimate the power of Bitcoin. With world inflation on the rise, anything's possible. Who knows if the world adopts the "Bitcoin Standard" soon? Just my thoughts
I believe anything and everything is possible in this Bitcoin era. We didn’t thought Bitcoins to touch 20k USD at first, but it did and surprised everyone. Then it gave surprises after surprised and we finally saw Bitcoins at 69k usd. So yes 1 million USD for Bitcoins is not impossible and so do 1$ for a satoshi. Everything depends on the demand that is raised by the Bitcoin holder to acquire the Bitcoins.
That is what others are saying as well although they don't mean that 1 satoshi can be equal to 1 dollar. I think that is ridiculous anymore. They only said that BTC can be able to reach $100k which I also think more possible. The potential price of a crypto can be calculated by its supply.I think someone already do an estimation if higher prices for BTC ( higher than $100k, $200k and so on.) is possible and the result shows that it isn't. It is said that for it to be possible, we will also need a shit tons of money to be poured in the BTC market but that is unlikely. Even if there is no such thing as 1 million dollars per BTC or 1 dollar per satoshi, BTC to have a value of $100k is already a good blessing to us.
In my opinion, if Bitcoin can last at least 25 years then it can reach $ 1 for 1 Satoshi, Bitcoin is currently around 14 years and in my opinion it is too early to be able to see big developments, moreover the more users so that the hope to see the price of $ 1 is very likely to occur.
we cannot be sure if this will happen in the future, but taking a very broad (if not infinite) horizon and considering bitcoin an innovation that "lasts" over time...
I would say yes, that it is possible that 1 satoshi reaches 1 dollar.
The real question is... "when"?
I hardly believe we will still be alive to enjoy this moment... meanwhile we continue to wait patiently...
I would say yes, that it is possible that 1 satoshi reaches 1 dollar.
The real question is... "when"?
I hardly believe we will still be alive to enjoy this moment... meanwhile we continue to wait patiently...
1 satoshi worth $ 1 means 1 btc is worth $ 100 million, of course we are really waiting for this to happen, of course nothing is impossible if one day 1 satoshi can reach $ 1, but we must understand that bitcoin transaction fees are of course also very expensive, maybe for sending $1000 costs at least $100 or 10% of the value we send.
yes what we can always say? if this is possible but of course that is far from now so let us not make this a problem instead let us focus in purchasing power because this will satisfy our needs in the coming bull run.
There is no doubt that 1 satoshi will be $1 dollar in the future but it is definitely a long time to see it maybe not in our lifetime but our future generations will see it. In the case of the Bitcoin price consistently, we can safely say that it is possible because Bitcoin has a near future. I believe the value of Bitcoin will change over time and in its future everything will be possible with Bitcoin. We predict that it is certain and possible that 1 satoshi will be worth $1 dollar in the future where bitcoin will be worth $100M.
that is exaggerating , how come that you have that Idea? how old are you mate? because this may come in the next 2-3 halving and not unless you will die early then yeah not in your lifetime lol.
There is no doubt that 1 satoshi will be $1 dollar in the future but it is definitely a long time to see it maybe not in our lifetime but our future generations will see it. In the case of the Bitcoin price consistently, we can safely say that it is possible because Bitcoin has a near future. I believe the value of Bitcoin will change over time and in its future everything will be possible with Bitcoin. We predict that it is certain and possible that 1 satoshi will be worth $1 dollar in the future where bitcoin will be worth $100M.
The minimum TX fee for Bitcoin is one satoshi. Now, imagine if market prices keep going up until 1 BTC is worth $100m. This means 1 satoshi will be worth $1 (USD). Do you think there's a possibility this will happen in the future? If Blockchain capacity remains low, this could be a real pain in the head for the average person using BTC on a daily basis. I know such a prediction is insane, but if there's one thing I've learned about crypto is that nothing is impossible.
Thoughts?
That would mean 100 million dollars for each coin, and as high as that number may seem to be we cannot really discard that scenario from happening, after all we have a very recent example on the hyperinflation that Zimbabwe suffered and the now infamous one hundreds trillion dollars bill which depicted how horrifying the inflation as at the time, however if that were to happen to the US then if anything a price of 100 million dollars per coin would be a low price for bitcoin, however do I expect that price to be reached under normal circumstances? Probably not, at least as long as I am alive. Thoughts?
The minimum TX fee for Bitcoin is one satoshi. Now, imagine if market prices keep going up until 1 BTC is worth $100m. This means 1 satoshi will be worth $1 (USD). Do you think there's a possibility this will happen in the future? If Blockchain capacity remains low, this could be a real pain in the head for the average person using BTC on a daily basis. I know such a prediction is insane, but if there's one thing I've learned about crypto is that nothing is impossible.
Thoughts?
Thoughts?
1 sat = $1
What a dream! This is not gonna happen any soon or simply put that it's not gonna happen. I applaud Op for being able to think out this because it is purely insane to reason. We should instead think how bitcoin to make $100 and after that bitcoin will make $1k and yet 1 sat will not be $1. Even if 1 BTC = $1M, 1 sat will not be $1.
When 1 sat will make $1 is if bitcoin values to the range of $100M and this is impossible. The only thing that will actualize this is if the USD is on a steady and speedy decline for 10 good years. And if that happens, the world economy must have collapsed.
It may happen in 2140's but we won't be able to see it happening then. I even saw someone else who thought a similar thing that what would be the life of Bitcoiners when the price of a Satoshi become $1 in value, and the response that person received were almost similar to the ones in this thread.
I'm quite sure that many of us will see the day when one Bitcoin will be worth at $1 million dollars because that's surely going to happen in a decade or two, however 1 Satoshi to $1 is not going to happen in our limited lifetime. There is most probable chance that the price of a single Bitcoin would be $100 million in 2140's and only then someone can see a single Satoshi worth at $1 dollar in value.
There is another thing that could make the process of 1 Satoshi valuing at $1 dollars, and that's the decline of dollar in value due to huge inflations, and even that thing is not going to take place anytime soon. I know that there are some economies that are working on BRICKS currency to make USD less important then its current levels, but even those won't be able to devalue the USD anytime soon.
The minimum TX fee for Bitcoin is one satoshi. Now, imagine if market prices keep going up until 1 BTC is worth $100m. This means 1 satoshi will be worth $1 (USD). Do you think there's a possibility this will happen in the future? If Blockchain capacity remains low, this could be a real pain in the head for the average person using BTC on a daily basis. I know such a prediction is insane, but if there's one thing I've learned about crypto is that nothing is impossible.
Thoughts?
Thoughts?
1 sat = $1
What a dream! This is not gonna happen any soon or simply put that it's not gonna happen. I applaud Op for being able to think out this because it is purely insane to reason. We should instead think how bitcoin to make $100 and after that bitcoin will make $1k and yet 1 sat will not be $1. Even if 1 BTC = $1M, 1 sat will not be $1.
When 1 sat will make $1 is if bitcoin values to the range of $100M and this is impossible. The only thing that will actualize this is if the USD is on a steady and speedy decline for 10 good years. And if that happens, the world economy must have collapsed.
The minimum TX fee for Bitcoin is one satoshi. Now, imagine if market prices keep going up until 1 BTC is worth $100m. This means 1 satoshi will be worth $1 (USD). Do you think there's a possibility this will happen in the future? If Blockchain capacity remains low, this could be a real pain in the head for the average person using BTC on a daily basis. I know such a prediction is insane, but if there's one thing I've learned about crypto is that nothing is impossible.
Thoughts?
Op if not that Miners are getting their percentage from the TX fee I would have said let the transaction should be free like the Fiat Bank. Though Fiat Banks deduct very small amount of fees in every months. Because time is coming that people will be doing transaction with bitcoin every day and each transaction you must pay tx fee which is not really good for the buying and selling of goods and services with bitcoin but it has come to stay so let the tx fee should be very low even in the future. We all see and experienced what happened in the hike of fee in the bitcoin transaction in this year and everyone was complaining. So I prefer the low fee at all time. Thoughts?
Mate with the rate bitcoin is flyinging very higher I can't fully say that a satoshi won't worth 1$ if you could flashed back then when a whole bitcoin was sold for 1$ did you believe we could get to this level today? No!
Naturally it may takes years maybe before we could witnessed about 10 halving or so we might see it to worth a dollar, 10 times halving I mean is that since it takes every 4 years for halving that is to say, 4 x 10 = 40 years time to come although it might not get to this but is just my prediction and if at all there will be more halving to come, because if bitcoin total supply keeps reducing there will be scarcity of bitcoin which might possibly make 1 bitcoin to be 10 million dollars before 40 years time to come.
Note: This is based on our speculation discussion, there are no real data to show that my explanation.
Naturally it may takes years maybe before we could witnessed about 10 halving or so we might see it to worth a dollar, 10 times halving I mean is that since it takes every 4 years for halving that is to say, 4 x 10 = 40 years time to come although it might not get to this but is just my prediction and if at all there will be more halving to come, because if bitcoin total supply keeps reducing there will be scarcity of bitcoin which might possibly make 1 bitcoin to be 10 million dollars before 40 years time to come.
Note: This is based on our speculation discussion, there are no real data to show that my explanation.
1 satoshi worth $ 1 means 1 btc is worth $ 100 million, of course we are really waiting for this to happen, of course nothing is impossible if one day 1 satoshi can reach $ 1, but we must understand that bitcoin transaction fees are of course also very expensive, maybe for sending $1000 costs at least $100 or 10% of the value we send.
I can imagine how bitcoin 100 million but we have to think again how with the inflation rate of the dollar of course $1 will not be valuable or when bitcoin hits 100 million then $1 is equivalent to $0.01 because of the continuous inflation rate.If relying on onchain obviously this will be expensive, but I think in the future there will be more second layer networks in bitcoin to solve the problem of lower costs, currently the Lightning Network has started to be popular and many of its uses.
1 satoshi worth $ 1 means 1 btc is worth $ 100 million, of course we are really waiting for this to happen, of course nothing is impossible if one day 1 satoshi can reach $ 1, but we must understand that bitcoin transaction fees are of course also very expensive, maybe for sending $1000 costs at least $100 or 10% of the value we send.
The cost of transactions is already sometimes quite high for small payments, this does not affect the possibility of a rise in the price of bitcoin so much. Also, various proposals are constantly coming out on how to reduce the cost of a transaction. The Lightning Network is actively developing, other layer 2 proposals are appearing. I don’t think that the cost of a transaction will be able to really limit the growth of bitcoin. But the real correlation with all the capital of the world completely limits growth from above.
1 satoshi worth $ 1 means 1 btc is worth $ 100 million, of course we are really waiting for this to happen, of course nothing is impossible if one day 1 satoshi can reach $ 1, but we must understand that bitcoin transaction fees are of course also very expensive, maybe for sending $1000 costs at least $100 or 10% of the value we send.
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