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Topic: One satoshi for $1 dollar will occur someday - page 6. (Read 831 times)

full member
Activity: 574
Merit: 108
February 10, 2020, 09:16:25 AM
#8
It could be in the future but, I think, it would take long time for the value of Bitcoin to reach that price. Realistically, it is hardly possible, a satoshi in the present can't be compared in a dollar, taking tens of thousands of satoshi for a bucks.

Anyways, future is always full of surprises and uncompromises, who would have thought maybe crypto currency platform would become a more valuable asset in the next years.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
February 10, 2020, 08:53:50 AM
#7
A 100 million dollar Bitcoin would say an awful lot more about the risible failure of the dollar than the success of Bitcoin.

Due to inflation it'll happen some day regardless presuming BTC remains alive, but if it happens in the near future it won't make for a pretty sight.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
February 10, 2020, 08:25:51 AM
#6
We are talking big here and it requires time, maybe on the next era of this world but not in the next decade or so. In our market, i see fiat money is still more convenient and if you ask them if they know bitcoin or dollar, then they will probably choose dollar. Bitcoin is a new financial platform that gives us more confident to control our own money, the adoption will still happen slowly but surely, but we have to admit that bitcoin can’t replace fiat money and can’t force people to use it.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 10, 2020, 08:10:27 AM
#5
1BTC = 100,000,000 satoshis
It will be $100,000,000 = 1BTC
It is gotta be a long journey until we will see that time happens.

It depends, it might happen also far faster than some people imagine but with a twist.
That twist being 100 million $ barely being able to buy you a car or a one-bedroom apartment Cheesy

Satoshis will become the new money standard in people's daily life.

Neah, even if it BTC will skyrocket in value you won't be seeing everybody dealing with bitcoin on a daily basis.
It's been half a century since we have credit cards and they are not that widespread, let's not even talk about mobile phones who are way different in terms of utility.

But it's amusing, bitcoin goes over 10k, those topics again start popping up like mushrooms after rain, a few months ago when we were experiencing a dump nobody was saying such things.




 
full member
Activity: 2324
Merit: 175
February 10, 2020, 07:10:50 AM
#4
1BTC = 100,000,000 satoshis

It will be $100,000,000 = 1BTC

It is gotta be a long journey until we will see that time happens.

If this happen John Mcafee will be so proud that it reaches 1 million dollar per Bitcoin but I doubt John Mcafee will ever to see this price happen or even people of this generation, the most that I can see of Bitcoin Price in my lifetime could be $200 k but it could happen 30 to 40  years from now.
legendary
Activity: 2898
Merit: 1823
February 10, 2020, 07:01:39 AM
#3
Is that why there are milli-sats in the Lightning Network? Cool


At some point in time, people will use every day satoshis as a unit of currency in order to buy things like vegetables, groceries in general.

Satoshis will become the new money standard in people's daily life.


OP, that's the dream/goal, but the price shouldn't be all important. The price should only be as a way to compare value.
hero member
Activity: 2842
Merit: 625
February 10, 2020, 04:50:11 AM
#2
1BTC = 100,000,000 satoshis

It will be $100,000,000 = 1BTC

It is gotta be a long journey until we will see that time happens.
sr. member
Activity: 1666
Merit: 267
Earn bitcoins every hour, link below at signature.
February 10, 2020, 03:01:35 AM
#1
At some point in time, people will use every day satoshis as a unit of currency in order to buy things like vegetables, groceries in general.

Satoshis will become the new money standard in people's daily life. Thanks to the scarce 21 million BTC as a maximum supply of this blockchain.

The more the whole bitcoin unit keeps expanding its price, the more value a satoshi also will have. We can see this happening already with some mining companies, crypto casinos, bitcoin faucets providing each week fewer satoshis as a reward, and also we see people working for satoshis, in order to increase their satoshis/bitcoin balance!
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