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Topic: Price of 1 Satoshi rise to $1? - page 11. (Read 19224 times)

sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
August 24, 2017, 05:19:31 AM
#12
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.
This is true,its really unrealistic to think that 1 satoshi would have the value of $1 and for those who have 1 btc would really have 100 million usd which is really exagerated to think off for this thing to happen. If all people and all government would decide for bitcoin to be mainstream then it might be possible to reach that ranges but the thing wont really ever happen for sure.
sr. member
Activity: 516
Merit: 250
August 24, 2017, 05:14:50 AM
#11
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?

Of course it's very different if you compare it from the old days back then and with the current one. I think it's really impossible for the price of single satoshi rise to $1. If this happen, even the faucet rate will be more smaller than before 0.001 satoshi per claim lmao. I'm sure many big things will happen if this thing happened.
legendary
Activity: 3038
Merit: 1169
August 24, 2017, 05:10:50 AM
#10

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?

This is absolutely wrong, faucets were always a bad method of earning, even at the times when you could get whole bitcoins from them. It's always better to spend your time earning fiat and buying crypto with it - for example, you could have spent whole day farming faucets in 2010 to earn some 10 or 20 BTC, or you could have worked for fiat and earn some money to buy hundreds of bitcoins. Even if you are desperate and can't find any job, you'd better spend your time studying and learning some new skills, to be able to work in the future.

I have to agree faucets are really just a waste of time, it can't make you richer even though you wait for 10-20 years for the value to rise. If you will spend your time reading and acquiring new skills then you can get way better money than spending your time staring at the computer and waiting for the faucet to give you a reward.

it will probably take a lot of years to see that satoshi's can have a worth but we can not make a 1 bitcoin if it even with satoshi's, by the possibility is there that a mere satoshi can have a value of a dollar and only time can tell until we can see it, but yeah faucet is a lost of time for now but it can surely give your some satoshi to start of your bitcoin progress,
member
Activity: 89
Merit: 10
August 24, 2017, 05:07:19 AM
#9
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!!!

I think you are off by a few decimal places there...1 BTC = 100000000 (100 million) satoshi, so to have 1 satoshi equal 1 dollar we would need the price of bitcoin to rise to $4000 x 25000 = $100000000 (100 million dollars). So it would be 25000x the current price, not 25x.

But if we could just get to the point where 1 satoshi was equal to one cent ($0.01) it would still be a massive increase in the bitcoin value, and many of us would be quite wealthy.
full member
Activity: 145
Merit: 101
August 24, 2017, 05:06:50 AM
#8
it had been achieved in Zimbabuwei many years ago😃
sr. member
Activity: 434
Merit: 254
August 24, 2017, 04:55:28 AM
#7

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?

This is absolutely wrong, faucets were always a bad method of earning, even at the times when you could get whole bitcoins from them. It's always better to spend your time earning fiat and buying crypto with it - for example, you could have spent whole day farming faucets in 2010 to earn some 10 or 20 BTC, or you could have worked for fiat and earn some money to buy hundreds of bitcoins. Even if you are desperate and can't find any job, you'd better spend your time studying and learning some new skills, to be able to work in the future.

I have to agree faucets are really just a waste of time, it can't make you richer even though you wait for 10-20 years for the value to rise. If you will spend your time reading and acquiring new skills then you can get way better money than spending your time staring at the computer and waiting for the faucet to give you a reward.
full member
Activity: 756
Merit: 133
- hello doctor who box
August 24, 2017, 04:54:52 AM
#6
This may happen due to demand. But, it may take some time ( Alot of time upto 10-15 years)  and the reputation of Bitcoin.
legendary
Activity: 3024
Merit: 2148
August 24, 2017, 04:48:33 AM
#5

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?

This is absolutely wrong, faucets were always a bad method of earning, even at the times when you could get whole bitcoins from them. It's always better to spend your time earning fiat and buying crypto with it - for example, you could have spent whole day farming faucets in 2010 to earn some 10 or 20 BTC, or you could have worked for fiat and earn some money to buy hundreds of bitcoins. Even if you are desperate and can't find any job, you'd better spend your time studying and learning some new skills, to be able to work in the future.
full member
Activity: 383
Merit: 161
August 24, 2017, 04:41:13 AM
#4
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.
full member
Activity: 252
Merit: 100
August 24, 2017, 04:29:25 AM
#3
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!!!
legendary
Activity: 910
Merit: 1000
August 24, 2017, 04:13:38 AM
#2
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.
full member
Activity: 280
Merit: 100
August 24, 2017, 04:09:36 AM
#1
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?
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