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Topic: Price of 1 Satoshi rise to $1? - page 10. (Read 19217 times)

full member
Activity: 120
Merit: 100
August 24, 2017, 07:44:30 AM
#32
I think Satoshi value being worth $1 is ridiculous. 1 BTC would be worth 100 million dollars! I think isn't practical. However 1 satoshi being worth $0.01 I could imagine in a few year ( 1BTC = 1 milion dollar )
So you can hold what you have. But you also be prepared for the worst case scenario.
newbie
Activity: 41
Merit: 0
August 24, 2017, 07:30:14 AM
#31
25000 times it's current worth? judging from it's current unbelievably high price, i would doubt it.
hero member
Activity: 1148
Merit: 504
August 24, 2017, 07:29:02 AM
#30
I think a Satoshi being worth $1 is ridiculous. 1 BTC would be worth 100 million dollars! That is pure wishful thinking and isn't practical. Someone with 2,000 BTC would be way richer than Bill Gates is right now.

Yes totaly agree with you i dont think so that bitcoin could reach 1 sat to 1$ just imagine bitcoin is 8 decimal so if you count it 1 bitcoin is worth 100 million x 21 million its too much moeny and it will lower the value of dollar remember that more money you produced the lower the value of this

1 sat = 1 USD is not gonna happen ever. Sorry to say so, but there really is not enough money in the world to pump the bitcoin price to such an enourmous number.

it would give bitcoin a market cap at 2100.000.000.000.000 USD
that is 2100 TRILLION USD
right now market cap is 0.05 TRILLION USD

Eh, it will just mean that the value of the coin in circulation will be around 3 times the world GDP Smiley).
Or two times if we consider the growth ad the time BTC will have to get there but I think it is impossible, at least in our lifetime.

Also it would mean for bitcoin to be used for everything replacing all fiat, investments and gold as a store of value.
And this without other cryptos taking a piece of the cake.

Even so, it will still not reach that much. How can it be pumped that much if no one can avail it already? 100K is too much but still reasonable. Elites can still purchase it. But 100M a piece, that is just insane speculation.
sr. member
Activity: 546
Merit: 261
August 24, 2017, 07:28:32 AM
#29
Well it may become that later in the future,but for how long? I think with the current statistic it gonna take another 17 year to reach that price
But lets leave that for the future,for now just keep what you can and sell when it on the moon,don't let false hope hold you back
newbie
Activity: 23
Merit: 10
August 24, 2017, 07:05:14 AM
#28
Be patient is a very good thing, because the price of 1 satoshi = $ 1 happens soon, I'm sure and will continue to buy bitcoin and do not care though sometimes the price goes down, because it will definitely go up again.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
August 24, 2017, 06:18:40 AM
#27
I think a Satoshi being worth $1 is ridiculous. 1 BTC would be worth 100 million dollars! That is pure wishful thinking and isn't practical. Someone with 2,000 BTC would be way richer than Bill Gates is right now.

Yes totaly agree with you i dont think so that bitcoin could reach 1 sat to 1$ just imagine bitcoin is 8 decimal so if you count it 1 bitcoin is worth 100 million x 21 million its too much moeny and it will lower the value of dollar remember that more money you produced the lower the value of this

1 sat = 1 USD is not gonna happen ever. Sorry to say so, but there really is not enough money in the world to pump the bitcoin price to such an enourmous number.

it would give bitcoin a market cap at 2100.000.000.000.000 USD
that is 2100 TRILLION USD
right now market cap is 0.05 TRILLION USD

Eh, it will just mean that the value of the coin in circulation will be around 3 times the world GDP Smiley).
Or two times if we consider the growth ad the time BTC will have to get there but I think it is impossible, at least in our lifetime.

Also it would mean for bitcoin to be used for everything replacing all fiat, investments and gold as a store of value.
And this without other cryptos taking a piece of the cake.
sr. member
Activity: 630
Merit: 272
August 24, 2017, 06:10:01 AM
#26

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)?


It depends on two things: what will happen with Bitcoin price and what will happen with USD in future. If USD stops beeing relevant FIAT (unlikely but not impossible) and BTC continues to grow it might be possible. But in my opinion it's not realistic.
Bitcoin will never replace the dollar from circulation in America, but it is easily in the future could oust the dollar as a reserve currency. This is the biggest nightmare of America. Perhaps in the future all the forces of the us financial system will be left to struggle with bitcoin.
hero member
Activity: 756
Merit: 500
August 24, 2017, 06:05:31 AM
#25
well i think the limit for bitcoin price rising is $100.000, so for 1 satoshi be at least $1 impossible
but its up to you if you want to hold until 5~20 years in future then sell it.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
August 24, 2017, 06:05:26 AM
#24
Who knows? Back in 2011, no on thought that the exchange rate of Bitcoin will rise to 3 digits (at least not in the next 10 years). But after 6 years, the exchange rate has breached 4-digits and we are heading towards the 5-digit mark.
Yes it's this increase in the prices of bitcoin that leads some of us to expect bitcoin prices reaching to the level where even a single satoshi will have some significant value and though it may not seem realistic but no one can deny the possibility but for that to happen we still have to wait for many more years.
sr. member
Activity: 420
Merit: 250
August 24, 2017, 06:01:45 AM
#23

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)?


It depends on two things: what will happen with Bitcoin price and what will happen with USD in future. If USD stops beeing relevant FIAT (unlikely but not impossible) and BTC continues to grow it might be possible. But in my opinion it's not realistic.
newbie
Activity: 17
Merit: 0
August 24, 2017, 06:01:10 AM
#22
This may happen due to demand. But, it may take some time ( Alot of time upto 10-15 years)  and the reputation of Bitcoin.
10-15 years isn't enough. Maybe several decades after 2140 when the final BTC is mined, 1 satoshi will worth 1$  Cheesy Cheesy Cheesy
full member
Activity: 812
Merit: 106
August 24, 2017, 05:56:40 AM
#21
The current elite will never allow to spread the wealth,you want to say that the world economy will drive the guys who dug coins in 2010. xrp are much more likely to grow than bitcoin just because it was created by the banksters.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
August 24, 2017, 05:51:35 AM
#20
Who knows? Back in 2011, no on thought that the exchange rate of Bitcoin will rise to 3 digits (at least not in the next 10 years). But after 6 years, the exchange rate has breached 4-digits and we are heading towards the 5-digit mark.
sr. member
Activity: 616
Merit: 252
August 24, 2017, 05:43:26 AM
#19
I think a Satoshi being worth $1 is ridiculous. 1 BTC would be worth 100 million dollars! That is pure wishful thinking and isn't practical. Someone with 2,000 BTC would be way richer than Bill Gates is right now.

Yes totaly agree with you i dont think so that bitcoin could reach 1 sat to 1$ just imagine bitcoin is 8 decimal so if you count it 1 bitcoin is worth 100 million x 21 million its too much moeny and it will lower the value of dollar remember that more money you produced the lower the value of this

1 sat = 1 USD is not gonna happen ever. Sorry to say so, but there really is not enough money in the world to pump the bitcoin price to such an enourmous number.

it would give bitcoin a market cap at 2100.000.000.000.000 USD
that is 2100 TRILLION USD
right now market cap is 0.05 TRILLION USD
sr. member
Activity: 616
Merit: 256
August 24, 2017, 05:36:20 AM
#18
Based on the unit scaling 1 bitcoin is equal to 100,000,000 satoshis, if 1 satoshi's value is equal to 1 USD then the price of 1 bitcoin is equal to 100,000,000 USD., wow! that's a lot of million bucks. The highest predicted price of 1 bitcoin is only 100,000 USD which equates to 2 trillion usd, which is the same market cap of forex daily trading. Beyond that predicted price range is a big threat to global economy because based on the global economic policy, there will be no other commodity greater than the market capitalisation of world forex trading which the current cap is approximately 2 trillion USD. Unless global wealth is higher than 80% between S&P ratio. In conclusion reaching the value of 1 satoshi to 1 usd is not likely to happen.
member
Activity: 266
Merit: 10
BITCOIN TRADER 2016
August 24, 2017, 05:34:49 AM
#17
I think a Satoshi being worth $1 is ridiculous. 1 BTC would be worth 100 million dollars! That is pure wishful thinking and isn't practical. Someone with 2,000 BTC would be way richer than Bill Gates is right now.

Yes totaly agree with you i dont think so that bitcoin could reach 1 sat to 1$ just imagine bitcoin is 8 decimal so if you count it 1 bitcoin is worth 100 million x 21 million its too much moeny and it will lower the value of dollar remember that more money you produced the lower the value of this
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
August 24, 2017, 05:32:28 AM
#16
The price of BTC must rise about 25x from the current price to achieve 1sat = $1, dollar will massively devalue or economic collapse. I guess this is possible within 10-15 years. HODL!!!

current price = $4100
25x current price = $102,500
1 satoshi at that price = $0.001
sorry we need more rise for that to happen Wink

and it doesn't really "devalue dollar" or cause an "economical collapse". there has been many other things in the history that grew that much and that big and none of them caused any of these things!
legendary
Activity: 1442
Merit: 1016
August 24, 2017, 05:24:29 AM
#15
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?

No 1 Satoshi being $1 would be totally insane.This would mean that BTC would be worth $100million.Very unlikely if you ask me.
However 1 satoshi being worth 1 cent I could imagine in a few decades. So 1BTC being worth $1million in today's purchasing power may be possible if Bitcoin would still be the dominant coin and Blockchain where many things in future economy and industry will be related and pegged to it.
full member
Activity: 378
Merit: 101
August 24, 2017, 05:21:58 AM
#14
I do think that inorder for bitcoin to survive into the future, we need to get to that level where 1 satoshi is worth substantial amount of money. That is the only way the 21 million supply can be able to serve all the billions of people in the world. Welcome to the future son  Wink
hero member
Activity: 2646
Merit: 686
August 24, 2017, 05:21:20 AM
#13
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?

Don't do facuets they are boring 50 satoshi's per hour is not going to make your money in the long run, yes no one back thought Bitcoin could rise it so high, but it did rise, facuets are dead until the Bitcoin price goes down, so best way to earn is join signature campaigns, giveaway, sell services and that's the best way to earn it. Earning satoshi's won't make you any money, it's very slow so you ought to change direction, or else you won't make money.
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