Topic: Price of 1 Satoshi rise to $1? - page 5. (Read 19224 times)
Unless USD somehow becomes obsolete if they get wiped off the face of the earth or something then I can't see this happening. 1 Satoshi being 1 dollar would mean bitcoin at 100m, that just wouldn't ever happen.
only way 1 satoshi would be worth 1 USD is if the dollar became like Zimbabwe dollars but I guess that is possible someday
That day may not be far, some people may think that is impossible but if governments around the world stop taking dollars in exchange of petroleum and if they stop accumulating dollars as reserves then the United States government will be unable to export its inflation and when everyone realizes that the dollars are becoming useless then there is going to be a rush to spend those dollars as fast as possible and then hyperinflation will follow. 
indeed this will only happen when all bitcoins have been successful in the mine and price control is only in the company that has the most bitcoin, but where will the bitcoin users get more or less if the bitcoin price has been successfully controlled by a company? maybe this will happen but sometime the right time to wait for it to come
No way that is never going to happen not even in 100 years for that to occur the demand of it has to cross all the barriers and currently only few countries have adopted it for this is too occur we will need a worldwide adoption of it and all bitcoins need to be mined so that it becomes rare 1 satoshi can be 0.01$ but 1$ seems a lot
the number of bitcoin is limited and it's not too big. however if multiply it with 10 ^ 8 .... so 1 sat = 1 USD is not gonna happen ever
it is really a matter of when it's going to happen rather than whether it is going to happen or not.
Fiat currencies are going to collapse sooner or later. We have to acknowledge this. Look at Venezuela, now 1 BTC is worth tens of millions(near 100 million, aka 1 Bolivar per satoshi) of Venezuelan Bolivars and who thought that this was possible back in say 2008?
I wouldn't say that it'll happen overnight. Give bitcoin a few decades to reach mass adoption.
Maybe in the future the growth of each Satoshi will go to such a higher value. As the user base keeps on increasing from day to day, the price increasing chances were very high. This creates path for bitcoin to reach a much increased price, so that sometimes the price of single Satoshi gets valued equal to an USD.
the number of bitcoin is limited and it's not too big. however if multiply it with 10 ^ 8 .... so 1 sat = 1 USD is not gonna happen ever
well, for now, we have the same mind. well, the price is too high for bitcoin, and even so easy to get 1 satoshi. maybe, when it does happen, everyone will look for bitcoin, and start to forget about the job.
))) however At that time I was a billionaire
If the price of 1 satoshi will be 1$ well I don't think Faucets will pays 1 satoshi per claims and maybe they will make it as point basis and they will put some limits before you can able to withdraw your 1$ in there site. Look at the captcha site they are not payng huge money for there user and that would be the scenario if each bits will became more expensive.
the number of bitcoin is limited and it's not too big. however if multiply it with 10 ^ 8 .... so 1 sat = 1 USD is not gonna happen ever
well, for now, we have the same mind. well, the price is too high for bitcoin, and even so easy to get 1 satoshi. maybe, when it does happen, everyone will look for bitcoin, and start to forget about the job.))) however At that time I was a billionaire
If the price of 1 satoshi will be 1$ well I don't think Faucets will pays 1 satoshi per claims and maybe they will make it as point basis and they will put some limits before you can able to withdraw your 1$ in there site. Look at the captcha site they are not payng huge money for there user and that would be the scenario if each bits will became more expensive.
the number of bitcoin is limited and it's not too big. however if multiply it with 10 ^ 8 .... so 1 sat = 1 USD is not gonna happen ever
well, for now, we have the same mind. well, the price is too high for bitcoin, and even so easy to get 1 satoshi. maybe, when it does happen, everyone will look for bitcoin, and start to forget about the job.))) however At that time I was a billionaire
There will be the time tnat 1satoshi would be 1$.We may never know.As long as theres the continuing increase of knowledge about btc there will be a time it would be reaching that way.
the number of bitcoin is limited and it's not too big. however if multiply it with 10 ^ 8 .... so 1 sat = 1 USD is not gonna happen ever
well, for now, we have the same mind. well, the price is too high for bitcoin, and even so easy to get 1 satoshi. maybe, when it does happen, everyone will look for bitcoin, and start to forget about the job.
the number of bitcoin is limited and it's not too big. however if multiply it with 10 ^ 8 .... so 1 sat = 1 USD is not gonna happen ever
In my opinion, Bitcoin Value it will still go up. But 1 sat = 1 USD is not gonna happen ever. Because then 1 BTC would be worth 100 million dollars (so ridiculous).
If you say 1 sat = 0.01 USD <=> 1 BTC = 1 million USD, i will accepted. However, we still have to wait a few years.
Amazing how many naive people. Do you think that in a few years bitcoin will be worth $ 1 million? It is enough that some whales decided to withdraw from the market of bitcoins and the price may return to $ 1,000. Nobody knows their future and therefore it is impossible to think only about good things. It is dangerous.If you say 1 sat = 0.01 USD <=> 1 BTC = 1 million USD, i will accepted. However, we still have to wait a few years.
I have to agree with you on this. The thought of bitcoin hitting a million is very absurd, especially when we look at just how much growth has happened in the past. Furthermore, the volatility is extreme with bitcoin. You're right in the sense that a couple of people need to just withdraw and boom the price drops, but also the news stories that surround bitcoin can impact it significantly as well. My advice to everyone on this thread is to be optimistic, but never too optimistic.
In my opinion, Bitcoin Value it will still go up. But 1 sat = 1 USD is not gonna happen ever. Because then 1 BTC would be worth 100 million dollars (so ridiculous).
If you say 1 sat = 0.01 USD <=> 1 BTC = 1 million USD, i will accepted. However, we still have to wait a few years.
If you say 1 sat = 0.01 USD <=> 1 BTC = 1 million USD, i will accepted. However, we still have to wait a few years.
If given enough time then bitcoin can definitely achieve those levels.
In the long run, inflation is going to be a huge factor in driving the price of bitcoin up because of the fact that bitcoin has a finite amount available, and fiat does not. If there was a hyperinflation then $1 per satoshi would be completely normal.
Just don't expect $1 to be worth anything much, though. Bitcoin is a store of value, although it will gain value as more adopters use it overall it should the amount of goods you can buy with 1 btc should remain fairly constant, whether fiat is performing well or bad.
This is far from first thread about 1 sat. to be 1$, that is 100.000.000$ for one bitcoin. This would make all of us here millionaires, but when? Can this happen in next 30 years? I think no, bitcoin price will rise in this time a lot, in that I do not doubt, but 100M dollars is just to much to get there in some short period of time. Or we can think in other way, what needs to happen to push price so high? Mass adoption, legalization, every single man on this planet to wish to buy bitcoins or satoshis and demand to go to the sky, would that be enough?
In 30 years many things can happen, and currencies that we know now can disappear. Technology made huge progress in past 20 years, what can happen for 30 more is like since fiction when I think about it.
only way 1 satoshi would be worth 1 USD is if the dollar became like Zimbabwe dollars but I guess that is possible someday
I think it's possible specially if the demand in bitcoin cannot accommodate by the limited supply circulating in the market as bitcoin age more and more people get interested in bitcoin and wants to earn it. The value keeps fluctuating because it needs to supply the current demand of bitcoin and so as in future it needs to adjust with the upcoming demand.
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?
Unless there is a mass printing of the US dollar I do not think that is going to be the case, a single bitcoin will be worth a 100 million dollars and that is simply too much I think if that happens those 100 million dollar will probably buy only what 10k dollars buy today or something like that.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?
How could be the price of dollar would became meaningless? while the point of that rise is we can earn huge if that instance will came true and the difficulty to get more bits are getting more harder so there's no point that price of fiat will became affected if this scenario will be happen.
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.
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.
I am not sure about that, bitcoin could reach fantastic price but we don't know for sure, how much it will be.
But, there will be no milli sats, no fraction anymore as the nodes written that way, unless there will be another hard fork to add another digit.
Bitcoin price is expensive right now, but consider as cheap if bitcoin reach $10,000 or even $20,000.
Every sats is precious, as long as you can get it, make efforts to do it because bitcoin still on the beginning of development.
but it's hard to image that 1$ would be worth the same goods and services if that happens. the dollar will have to completely collapse.
I don't think it's possible, no way. I doubt a satoshi is going to reach even a penny.
If that were going to happen, I'd be a very lucky, wealthy person. And I've never
been that lucky in my life. I'm bullish on bitcoin but I'm not an unrealistic idiot
who thinks anything is possible. Hope I'm wrong.
If that were going to happen, I'd be a very lucky, wealthy person. And I've never
been that lucky in my life. I'm bullish on bitcoin but I'm not an unrealistic idiot
who thinks anything is possible. Hope I'm wrong.
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