Price of 1 Satoshi rise to $1? - page 6.

maku

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Quote from: ThatChange on August 31, 2017, 10:03:30 AM

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.

At this moment it is totally ridiculous thought, I agree, and at the same time Bitcoin proved me wrong many times, and I will never say never to any - even the most fantastic price prediction.
Many great minds and personalities predicted that bitcoin might be worth between $100,000 to $2 million in the next 5 years.
I know this is nothing close to 1 Satoshi = 1 Dollar, but we gotta remember that bitcoin will go higher and dollar's value and purchasing power will only decline over time.
Maybe in the next 50 years our children will be alive to see this crazy scenario come true.

player514

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Quote from: TheGodson on August 24, 2017, 04:41:13 AM

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.

I'm kind of in the same boat as you. Kind of.

I do think that it's highly unlikely to see a Satoshi rise up to 1$ because at that point you're creating so much money out of nothing (seemingly to outsiders) that it does not seem sustainable. However, the only reason I can say that I'm giving it a chance is because I genuinely did not expect bitcoin to rise the way it did. It exploded and as of now, I don't know what's stopping it from continuing to explode. Very few people were able to call the bitcoin burst from a long time away, but those who did have benefitted greatly.

HatakeKakashi

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1 satoshi the equal value 1 dollars is very impossible to happen. Because if that happen the price of bitcoin is 100 million dollars and thats the dream will not happen even after thousands years. Even the price of 1million or 100 thousands dollars will not happen what if 1million dollars. You will become billgates if that happen if you have thousands of bitcoin and the price is 1million per bitcoin but probably not happen.

stompix

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Quote from: Lancusters on August 31, 2017, 12:53:33 PM

Quote from: ThatChange on August 31, 2017, 10:03:30 AM

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.

Well, the price works like this.
We have btc at 5000$ , nobody is selling someone wants to buy some coins he pays 1 $ for one satoshi , price is 100 million.
Easy to do it.
He sells well... price is back to 5000$.

But for a sustained price you will first have to pour in hundred of billions and million of coins to change hands.
There is simple not enough cash in our day to day economy to handle that.At least not now, or the next decade or so.

poldanmig

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What we think difficult right now, could happen in the future. However, the question is when it actually happens (but i don't care about when). We can imagine how much tx fee applies if suppose we use withdraw from wallet exchanges to address blockchain Wink

Barbut

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Quote from: btcney on September 06, 2017, 02:05:31 AM

Quote from: ThatChange on August 31, 2017, 10:03:30 AM

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 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.

investeerder

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Quote from: The_Dark_Knight on September 05, 2017, 10:58:08 PM

Quote from: BigBos on August 30, 2017, 10:23:38 PM

Quote from: The_Dark_Knight on August 30, 2017, 04:45:33 PM

Quote from: Bittoshi on August 24, 2017, 04:09:36 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?

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.

well, of course bitcoin would be greatly hunted if it really happened. besides, bitcoin will probably be a very step coin, and very valuable on the internet if 1 satoshi is really priced at $ 1

At that point the price in dollars will be meaningless, everyone will try to get their hands on bitcoin no matter what they have to give up in order to get it, it is very similar to what happens when an economic crisis hits a country and then everyone is trying to get dollars or gold.

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.

btcney

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Quote from: ThatChange on August 31, 2017, 10:03:30 AM

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 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.

The_Dark_Knight

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Quote from: BigBos on August 30, 2017, 10:23:38 PM

Quote from: The_Dark_Knight on August 30, 2017, 04:45:33 PM

Quote from: Bittoshi on August 24, 2017, 04:09:36 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?

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.

well, of course bitcoin would be greatly hunted if it really happened. besides, bitcoin will probably be a very step coin, and very valuable on the internet if 1 satoshi is really priced at $ 1

At that point the price in dollars will be meaningless, everyone will try to get their hands on bitcoin no matter what they have to give up in order to get it, it is very similar to what happens when an economic crisis hits a country and then everyone is trying to get dollars or gold.

Lancusters

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Quote from: ThatChange on August 31, 2017, 10:03:30 AM

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.

romero121

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Quote from: sonicwave on August 31, 2017, 06:48:22 AM

Quote from: panju1 on August 31, 2017, 01:43:16 AM

Quote from: Bittoshi on August 24, 2017, 04:09:36 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?

That is not going to happen in our lifetime. You just need to do a back of the envelope calculation. If 1 bitcoin = 100 million dollars, the total value of bitcoins = 21 million * 100 million. Even if Bitcoin is the only currency used in the world, you won't get there.

I think that even if bitcoin does not reach such a price, but it will still go up.
So now you need to take care of collecting as many coins as possible for the future. Do not be wasteful - think about your future

With bitcoin as well other digital currencies, the growth is entirely based on the time to the rate of adoption. This assure a price increase. If examined about the growth that took place till date, none could have experienced a loss, if he has got the patience to hold. Thinking this the more you save at present is gonna benefit in the future.

ThatChange

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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.

sonicwave

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Quote from: panju1 on August 31, 2017, 01:43:16 AM

Quote from: Bittoshi on August 24, 2017, 04:09:36 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?

That is not going to happen in our lifetime. You just need to do a back of the envelope calculation. If 1 bitcoin = 100 million dollars, the total value of bitcoins = 21 million * 100 million. Even if Bitcoin is the only currency used in the world, you won't get there.

I think that even if bitcoin does not reach such a price, but it will still go up.
So now you need to take care of collecting as many coins as possible for the future. Do not be wasteful - think about your future

panju1

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Activity: 1246

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Quote from: Bittoshi on August 24, 2017, 04:09:36 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?

That is not going to happen in our lifetime. You just need to do a back of the envelope calculation. If 1 bitcoin = 100 million dollars, the total value of bitcoins = 21 million * 100 million. Even if Bitcoin is the only currency used in the world, you won't get there.

chocolah29

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Quote from: arbitrage001 on August 28, 2017, 07:53:41 PM

Keep on dreaming.

Yeah like there's nothing impossible in bitcoin as its really unpredictable. We never know when will bitcoin take us to the moon. Many are still hoping to make this will happen. But the 1 satoshis per dollar will surely not just take few years but many years to happen. Lets just hold our coins as long as we can so we can all be tasting the moon.

mackenzied

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Quote from: Answerme2 on August 28, 2017, 09:38:18 AM

Bitcoin has always proved that it can rise unimaginably to new ATH in short time $1 per satoshi is possible in the furture and it's no denying the fact that many of us didn't expected a year ago that bitcoin will be 4300$ in aug 2017 but it happened.

I think it is impossible, any currency has its limits. If it wants to continue to grow, it needs to take important steps, these are the steps to becoming a real currency that is used in daily payments; however, that is impossible.

BigBos

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Quote from: The_Dark_Knight on August 30, 2017, 04:45:33 PM

Quote from: Bittoshi on August 24, 2017, 04:09:36 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?

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.

well, of course bitcoin would be greatly hunted if it really happened. besides, bitcoin will probably be a very step coin, and very valuable on the internet if 1 satoshi is really priced at $ 1

The_Dark_Knight

hero member

Activity: 840

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Quote from: Bittoshi on August 24, 2017, 04:09:36 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?

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.

ALT67890

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It is high time that we do prediction onto our desire for profits in the end, if it happens we're the once be benefited from it. It might look fairytales to others but for me it just that everything is possible to bitcoin and we all know that. Miracles are not proper to call about bitcoin phenomenon but it is much be better if it was destined to be on market and all of us is in the right place and in the right time.

stompix

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Quote from: KennyR on August 28, 2017, 12:10:23 PM

Quote from: Shinpako09 on August 28, 2017, 09:51:28 AM

Now, this is the most unrealistic prediction i've ever read so far. This is somewhat more on imagination because this is impossible to happen. Not next year, not in 5, not in a decade. It's not I don't believe in btc that it could get higher than the current price but this is different. It is way too high.

Maybe the prediction of single Satoshi getting valued equal to an USD can be considered an imagination, but we cannot completely deny that it won't happen. Why I say this is, just based on the growth it has experienced in the shortest span of less than 10years. Once people just speculated about $5000 and some described it to be an imagination, now everyone believes that price reaches $5000.

Yeah because 5000$ or 10000$ can be done. It would mean only an investment of 170 billions and this assuming everyone will sell at that price.
170 billions is nothing, it doesn't even get you into the top 50 investment funds in the world.

But 100 million per BTC would mean a market cap of 2100 trilions, something that you can't actually achieve without putting almost everything that has somehow a connection to the financial world into bitcoin.

Topic: Price of 1 Satoshi rise to $1? - page 6. (Read 19224 times)