That's the wrong question to ask because a more accurate date would be acquired if you ask the correct one about how long does it take US government to print enough cash to crash US dollar down to being worth 1 satoshi.
It is already apparent that the devaluation of fiat currencies is going to take place long before the bitcoin mass adoption is reached. Consequently the biggest price rise in the near future will be mainly because of fiat inflation.
Topic: How long would it take for one Satoshi to equal one US dollar? (Read 134 times)
Such a price difference would be more about the loss of value in the dollar then Bitcoin gain. So it can happen tomorrow like an earthquake we dont have to get any warning exactly but I imagine its not likely to occur without parallels in political and global change in trade and many spheres of influence not just finance.
You'd do better to watch the news and politics I guess, a more realistic target is 1 sat to 1 cent and that is reasonable without having to speculate on collapse it would just be progression from current devaluation of dollar standard via QE. The important thing to note right now is DXY or dollar index is measured against FIAT hence its not moving a large amount still because other government do not want to see dollar fall especially so mirror the policies of US government monetary policy. Understand why other governments want to stay in lockstep with the dollar and you will then gain better knowledge of when that formation breaks and great value change occurs that equates to BTC rising in value such as OP asks.
You'd do better to watch the news and politics I guess, a more realistic target is 1 sat to 1 cent and that is reasonable without having to speculate on collapse it would just be progression from current devaluation of dollar standard via QE. The important thing to note right now is DXY or dollar index is measured against FIAT hence its not moving a large amount still because other government do not want to see dollar fall especially so mirror the policies of US government monetary policy. Understand why other governments want to stay in lockstep with the dollar and you will then gain better knowledge of when that formation breaks and great value change occurs that equates to BTC rising in value such as OP asks.
factor in the 226byte tx
if 1sat/byte. no one would want to pay $226 just to move some coin.
i would say the devs will need to make btc
when 1sat =10cent 1sat/23byte.. (basic tx $1(10sat))
when 1sat = $1 1sat/115byte(basic tx $2(2sat))
because no one will want to use bitcoin at the current fee formula of single sats to single bytes if sats were >$1
if 1sat/byte. no one would want to pay $226 just to move some coin.
i would say the devs will need to make btc
when 1sat =10cent 1sat/23byte.. (basic tx $1(10sat))
when 1sat = $1 1sat/115byte(basic tx $2(2sat))
because no one will want to use bitcoin at the current fee formula of single sats to single bytes if sats were >$1
Let's say you have a million satoshis. How long till you are a millionaire. I know no one can predict the future, but assuming bitcoin keeps climbing the logarithmic charts. How long do we have. 12 years or 50?
1 BTC should be $100M
If we grow an order of magnitude per cycle that would require 12 years at a minimum
2024 $1M
2028 $10M
2032 $100M
A common mistake made here is to look at the market cap. The market cap can go up because of scarcity. It’s misleading...
One bitcoin would be worth $100 million. Which means the entire Bitcoin network would be worth $2.1 Quadrillion. That will never happen, without hyper inflation at least. This century (assuming hyper inflation of USD doesn't happen) I think Bitcoin will settle somewhere between $1 million and $10 million - probably hitting $1 million in about a decade at which point the market will be pretty mature and then we'll just see gradual and slowing growth with slight increases in adoption and increases against inflation.
To get to 1 satoshi equals one dollar the entire world would literally have to use nothing but bitcoin for all monetary value - no stocks, no bonds, no fiat, no other cryptocurrencies, all bitcoin, and bitcoin would have to take over all smart contracts which would then take over all financial derivatives. Not gonna happen.
To get to 1 satoshi equals one dollar the entire world would literally have to use nothing but bitcoin for all monetary value - no stocks, no bonds, no fiat, no other cryptocurrencies, all bitcoin, and bitcoin would have to take over all smart contracts which would then take over all financial derivatives. Not gonna happen.
This is likely to happen but certainly will not be short-term.
Try recalculating to see $1/1sat, then bitcoin will need to be worth $100 m.
I don't want to count until now because I don't know if I'm still in this world or not, but why should i wait until $1/1sat for you to become a millionaire.
Shorten time by buying more Satoshi to quickly become a millionaire.
Try recalculating to see $1/1sat, then bitcoin will need to be worth $100 m.
I don't want to count until now because I don't know if I'm still in this world or not, but why should i wait until $1/1sat for you to become a millionaire.
Shorten time by buying more Satoshi to quickly become a millionaire.
Yep, I try to just buy all the dips I can. If we get a bear market by next year. I'll prob do a lot more to keep stacking sats.
Great.That what it should be when the bear markets come. You have to keep on buying and stacking until you can..
We get now how the bull run can make bitcoin pump on its price and it is like an unstoppable price increase but there would always be the stoppage of it.
Yep, I try to just buy all the dips I can. If we get a bear market by next year. I'll prob do a lot more to keep stacking sats.
could be this year, next year, 10 year from now, non one know
That would be nice but I doubt it would be less than 10 years from now. But Idk.. I'm estimating about 50 years maybe. But that could change if more and more big bankers and maybe even nations start buying bitcoin. Big institutions haven't yet started to own Bitcoin.
Don't be hurried, just enjoy your profit or keep holding if you believe that will happen.
No worries not hurried, just wondering and thinking about it. I'm not selling out of botcoin until 1 sat = 1 dollar. So it might not even happen in my life time, there is the possibility it might just be a generational asset, something I pass down to my hopefully potential future kids.
Though, hopefully my alt coins make all of us alt holders wealthy or wealthier in the nearer future. That would be nice. Hopefully in the next 10 years I can buy myself a nice property somewhere with what I put in. Maybe. Or at least 10x would be wonderful.
could be this year, next year, 10 year from now, non one know
That would be nice but I doubt it would be less than 10 years from now. But Idk.. I'm estimating about 50 years maybe. But that could change if more and more big bankers and maybe even nations start buying bitcoin.
This won't happen in the short. If I'm not wrong, it requires more time. And the possible chances were very low. Each Satoshi to be valued $1 means the price of bitcoin will be $100m. The chance increases when the adoption of bitcoin as a mainstream transaction source increases. In simple of there exists a day, the whole world is using bitcoin as the common transaction source we can think of it.
It possible that will happen in the future, 1 sat becomes 1 USD or more. It's quite difficult to predict by simply guessing the market and all of us can do that without any supporting proof, something technical, or even fundamental analysis.
Don't bother yourself thinking that prediction, no one can give an accurate forecast of what will in the future, we doubt that it will happen but there's no exact time frame if when it will come. It's better to wait and enjoy every ATH that comes, Bitcoin was in a bullish trend and now the most anticipated ATH at the price of $100 will might almost there.
Don't be hurried, just enjoy your profit or keep holding if you believe that will happen.
Don't bother yourself thinking that prediction, no one can give an accurate forecast of what will in the future, we doubt that it will happen but there's no exact time frame if when it will come. It's better to wait and enjoy every ATH that comes, Bitcoin was in a bullish trend and now the most anticipated ATH at the price of $100 will might almost there.
Don't be hurried, just enjoy your profit or keep holding if you believe that will happen.
Bitcoin may have risen exponentially in the past couple of years but I can't see it jumping from 50k to 100M in a span of a couple of years. So I don't think it's gonna take a short while until your dream of 1 sat= to 1 USD happens. Besides, you also have to account for the value of USD at the time, coz what's the use of owning millions of dollars if it's not worth anything?
could be this year, next year, 10 year from now, non one know
You are asking a question but already know the answer. The future is uncertain so guessing when 1 satoshi will be worth 1 USD doesn't make much sense.
1 Bitcoin would have to be worth $100M
Do you think such a thing is possible in the near future?
1 Bitcoin would have to be worth $100M
Do you think such a thing is possible in the near future?
Though everything is possible to happen but we need to be realistic with the situation.
And looking at the market right now, volatility and uncertainty, no one can predict the future.
Even if you say, you will use all your TA knowledge, still, you can't put all the contributing factors.
So the answer - no one can tell you when we will see that price, if in case, we will see that happening.
The future is uncertain and we don't know how long bitcoin or crypto will survive in the market.
You are asking a question but already know the answer. The future is uncertain so guessing when 1 satoshi will be worth 1 USD doesn't make much sense.
1 Bitcoin would have to be worth $100M
Do you think such a thing is possible in the near future?
1 Bitcoin would have to be worth $100M
Do you think such a thing is possible in the near future?
Let's say you have a million satoshis. How long till you are a millionaire. I know no one can predict the future, but assuming bitcoin keeps climbing the logarithmic charts. How long do we have. 12 years or 50?
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