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Topic: Price of 1 Satoshi rise to $1? (Read 19217 times)

hero member
Activity: 1190
Merit: 500
May 01, 2019, 05:48:11 AM
It may possible to make that happen even though these days and recently months passed bitcoin quite low, but  I believe it will recover soon. As we know bitcoin is unpredictable so, while bitcoin now is stil in low price, I think its better to buy more these day.
So it means for you that  each satoshi will become $1 each in the future? Bitcoin now are doing great again and we expect price increase more next few months. Buying bitcoin is one of the best do of the user of the crypto because they help community and they help they self to earn money.
if 1 satoshi costs 1 dollar, that means 1 bitcoin is worth 100 million dolars. bitcoin will be the most expensive online commodity in the world, and that is impossible for me. even though throughout the world using bitcoin though, the price will not be that high, we are optimistic but not over dreaming
hero member
Activity: 1120
Merit: 554
April 30, 2019, 09:58:31 AM
1 Sat = $1 means an exchange rate of 100 million USD per bitcoin. That is something which is very unfeasible, under any circumstance. Right now, the total world wealth is estimated at around $300 trillion. In case the exchange rate rises to $100 million, then the wealth from Bitcoin alone will be 7 times the total world wealth.

Haha, thanks for laying out these numbers for the newbies.  OP asked a ridiculous question.  At most and I'm talking very far in the future, I could maybe see 1 satoshi being worth 1/10th of a penny.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
April 30, 2019, 09:45:41 AM
I think there is no way that is possible because that looks a highly manipulated price because not every country would have a high demand on bitcoin and don't you forget that altcoins are also going to get the piece of the pie. The altcoins are going to take huge marketcap too so even btc having the price of $1m is just going to be a dream.
It can be possible if all the people around the world recognize this as currency, imagine how many people will desire to own bitcoin and how it will be lifted up by doing that, bitcoin always surprises everyone so who knows if this can happen after some years of existence, better to watch and wait if everything will just be fine while adoptions still taking place.
full member
Activity: 602
Merit: 100
April 30, 2019, 08:59:55 AM
I think there is no way that is possible because that looks a highly manipulated price because not every country would have a high demand on bitcoin and don't you forget that altcoins are also going to get the piece of the pie. The altcoins are going to take huge marketcap too so even btc having the price of $1m is just going to be a dream.
sr. member
Activity: 826
Merit: 265
April 27, 2019, 11:40:40 AM
If Bitcoin goes on rising like that, in theory Satoshi might rise to $1 one day. And there will be mili satoshis as well for sure. In my opinion the best strategy for now is to hold what you have. That's what I'm doing. But then we should also be prepared for the worst case scenario. The future is unpredictable.
Well two years after this post still the Holding strategy is still in progress and the most spoken words to the whole forum(wondering why lol)
But basically 1 Satoshi =1$ is nearly coming to happen as bitcoin had reach almost $20,000 in that same year of posting this..
Anyway i will be very happy seeing this to happen as for sure i will become a million dollar man in an instant
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
April 27, 2019, 11:10:10 AM
In the early beginnings of Bitcoins (2009-2010) it was easy to get some Bitcoins either by buying them for a few cents, by mining (which was easy in the early days) or even some faucets gave away some bitcoins every day just for clicking a button or solving a captcha. And now watch how expensive a Bitcoin is now.

Today you would not get Bitcoins but only Satoshis for the same time and effort. And as the price rises, you get fewer and fewer Satoshis of course.

Do you think that the price of a single Satoshi will be something like $1 one day? Or even more than that? Will there be fractions of Satoshis in the future like mSatoshis (Milli Satoshi)?

If yes, we should fight for every single Satoshi now as long as the price is relatively low. Use faucets, trade, buy, mine and hold them until you are rich. It's too late now to get whole bitcoins (too expensive) but some thousands of Satoshis here and there could be a lot of money in the future.

What do you think?
$1 per satoshi? Not going to happen. At least not now. You will have to wait for decades. In the future where crypto currencies become the main stream currency where people use it in their everyday life, then the demand of crypto currencies might increase which in turn may make the price of crypto currency go crazy. And yeah, if that happens, we might also start making fractions of satoshi for our ease of use and benefits.
hero member
Activity: 1484
Merit: 516
April 27, 2019, 10:26:36 AM
If 1 satoshi price $1, it will speed someone up rich. Just 10mBTC 1Msatoshi will probably be $1M and a scheme like that makes it easy for us calculate changes to US dollars, you think there is a truth in collecting satoshi and HODL will make someone rich it takes decades to come and that too if BTC is still popular.
sr. member
Activity: 1204
Merit: 272
1xbit.com
April 27, 2019, 09:35:51 AM
This is practically impossible.
I mean this can happen but it will take ages.
I can clearly say that it will take too many ages or also completely impossible.
The reason for which i am saying this is that,  the current marketcap of Bitcoin. You can clearly estimate the value on the basis of this.
Moreover the price of Bitcoin also fluctuating a lot.
So therfore forgot about 1 satoshi getting 1$.
sr. member
Activity: 1988
Merit: 453
April 27, 2019, 09:01:31 AM
1 Sat = $1 means an exchange rate of 100 million USD per bitcoin. That is something which is very unfeasible, under any circumstance. Right now, the total world wealth is estimated at around $300 trillion. In case the exchange rate rises to $100 million, then the wealth from Bitcoin alone will be 7 times the total world wealth.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
April 27, 2019, 07:01:16 AM
I have no doubt it will happen in the future, provided bitcoin will continues its success on growing its adoption.
The supply is only limited but the demand will continue to increase so it's obvious that price will follow as well, 1 Satoshi  = $1 is good, we will forget the word BTC that time as we BTC refers to millions or hundred thousand of dollars then.
hero member
Activity: 1834
Merit: 523
April 27, 2019, 06:38:06 AM
It may possible to make that happen even though these days and recently months passed bitcoin quite low, but  I believe it will recover soon. As we know bitcoin is unpredictable so, while bitcoin now is stil in low price, I think its better to buy more these day.
So it means for you that  each satoshi will become $1 each in the future? Bitcoin now are doing great again and we expect price increase more next few months. Buying bitcoin is one of the best do of the user of the crypto because they help community and they help they self to earn money.
full member
Activity: 460
Merit: 100
April 27, 2019, 06:11:56 AM
It may possible to make that happen even though these days and recently months passed bitcoin quite low, but  I believe it will recover soon. As we know bitcoin is unpredictable so, while bitcoin now is stil in low price, I think its better to buy more these day.
full member
Activity: 714
Merit: 114
April 27, 2019, 05:08:37 AM
Those dead coins will probably be resurrected if 1 satoshi becomes a $1 each and those developers who suddenly being it alive will be rich!

dead coins are already dead because they are already de listed on an online exchange but those weak coins that are still listed on an online exchange will still have a chance to become strong if ever the price of bitcoin will also increase because we all know that bitcoins controlls anything  .

So before this happen, why don't you guys develop your own token right now and be rich in the future.  

its not easy to create a coin and not all people do have the ability to create it but if ever you already have your own coin , do you think your coin can get instant demand ?  no meyt  . you still need to do alot of promotions before your coin gets notice  .
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
April 27, 2019, 01:59:59 AM
Those dead coins will probably be resurrected if 1 satoshi becomes a $1 each and those developers who suddenly being it alive will be rich! So before this happen, why don't you guys develop your own token right now and be rich in the future.  I might just buy a dead coin and starts to develop it right now.

You need to understand that once 1 satoshi is equal to 1 Dollar, the market cap of whole the crypto will be very high. Maybe it is just not imaginable now and all the good alts be wroth hundred / thousands of dollars. By the way, this scenario is far away now and we have to see many ups and downs before we see this phase of bitcoin value.
full member
Activity: 175
Merit: 100
April 26, 2019, 10:03:17 PM
Well i think this can happen over long time but not now, we need a lot of money on crypto market to this because then the price of bitcoin should be 1.000.000.000$.
it is true that the price of bitcoin can be very expensive but from the target you mentioned I think it is too high because currently the demand from bitcoin is not too much so the price of bitcoin $ 1,000,000,000 is too heavy and impossible
jr. member
Activity: 112
Merit: 2
April 26, 2019, 07:06:03 PM
I think that all the money in the world could hardly cover the necessary capital for each satoshi to be worth a dollar, even more taking into account that there is no forecast in which a single bitcoin can be worth 100 million. In fact, there are fewer and fewer analysts who believe that bitcoin will one day even approach the barrier of one million dollars.

But if this happens some day, I would feel very satisfied if the value of each satoshi were a penny of a dollar, because that would compensate the great efforts that many newbies have made to accumulate some satoshis in faucets or bounties.
hero member
Activity: 1414
Merit: 516
April 26, 2019, 06:54:02 PM
Well i think this can happen over long time but not now, we need a lot of money on crypto market to this because then the price of bitcoin should be 1.000.000.000$.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
April 26, 2019, 11:14:35 AM
If 1 Satoshi will be equivalent to 1$, I think the majority of us will be millionaire and rich. I would gladly pray for that to happen. Everybody will be happy and I will hold my Bitcoin starting from now on if possible.
If God really want to bless us I think that is what he should and we the holders which is not up 20% of the world population will became rich over night.  I think op is speaking from the future and I also believe that a time will come when some of us here will be a millionaire in our local currency if we keep holding.
Majority of the users will be termed to be millionaires, just for assets that make the portfolio for long as well short term profiting. As the supply gets limited every four year with continued adoption and increase in the marketplace acceptance of bitcoin we'll see a drastic growth in the userbase which might increase the price of single satoshi to be $1.
sr. member
Activity: 924
Merit: 260
April 26, 2019, 10:43:12 AM
If 1 Satoshi will be equivalent to 1$, I think the majority of us will be millionaire and rich. I would gladly pray for that to happen. Everybody will be happy and I will hold my Bitcoin starting from now on if possible.
If God really want to bless us I think that is what he should and we the holders which is not up 20% of the world population will became rich over night.  I think op is speaking from the future and I also believe that a time will come when some of us here will be a millionaire in our local currency if we keep holding.
newbie
Activity: 2
Merit: 0
April 26, 2019, 09:35:08 AM
it is hard to say 1 Sat will == 1$ because this mean you need about 200$ to send BTC .

Seems unlikely. The Lightning-Network already applies Milli-Satoshis (msat). A thousandth of a satoshi. They are rounded to the nearest Satoshi when a channel is closed. Correct me, but AFAIK until then many transactions can happen between two parties.

However, 1 Sat == 1$ would mean that all BTC are worth roughly 21 * 10^6 * 10^8 =~ trillions of dollars. How can this ever become true? And what would a dollar be worth then? At least the price of Lambos will go through the roof...  Grin

IMHO the Dollar and the Euro (and thus all other currencies) will already begin to tumble when 1 BTC comes close to 100.000 $.

Then currencies slowly will become... something else. Like so many I believe currencies in the present shape have no future. For me it is a dangerous perversion of the current monetary system, that individuals can own hundreds of millions, and do nothing useful with it, while so many people cannot pay for medicine, rent or healthy food.

I think that if you are crypto-rich in the future, whether you like it or not, you will have to take responsibility for the society and the environment you live in. In other words, take your cryptos, bring the right people together, take those sick Dollars and Euros out of the equation and people will do wonders. I strongly believe that. Anything that has gone wrong on this planet can be healed on this planet, isn't it so?

In short, who wants to live in a world where dollars and euros are still dominant and 1 Sat == 1 $?
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