It would take a very long time if it does happen. Or you might be dead before you ever see 1 BTC to be worth $5K.
I'd be able to buy a fishing boat of my own if that happen. But I probably won't wait for 1 satoshi to be $1, I'd rather trade and invest to tokens that grows faster than waiting.
Topic: Price of 1 Satoshi rise to $1? - page 9. (Read 19236 times)
-snipped
Use faucets,
-snipped
What do you think?
There are lots of things that can replace faucet milking. At this point faucet is actually a waste of time. Why would you spend the whole day milking faucet and getting an amount less than the transaction fee, while you can use your time to a more profitable activity, I agree with trading, freelancing to earn bitcoin. Aside from that I felt that the price you think is quite an exaggeration. Though I will be happy if that happen.
yeah the satoshi will be high into the moon
If this happens we are likely to become a millionaire.
But it's hard to imagine that all we have to do is store bitcoins / satoshi in that we have something to hide if this happens. That includes the big disaster we do not know what's going to happen so be prepared. But I think it's likely to happen.
But it's hard to imagine that all we have to do is store bitcoins / satoshi in that we have something to hide if this happens. That includes the big disaster we do not know what's going to happen so be prepared. But I think it's likely to happen.
I do not think 1 satoshi will be worth 1 USD. That is wayyyy tooo highhhh man.
Think about that statement. If 1 satoshih is worth 1 USD, that means 1 BTC is worth 100,000,000 USD... Meaning the total market cap would be 2.1 Quadrillion if all 21,000,000 bitcoins existed at the same time. That number is wayyy too high to happen any time soon. The entire worlds GDP is only a few hundred trillions..
Think about that statement. If 1 satoshih is worth 1 USD, that means 1 BTC is worth 100,000,000 USD... Meaning the total market cap would be 2.1 Quadrillion if all 21,000,000 bitcoins existed at the same time. That number is wayyy too high to happen any time soon. The entire worlds GDP is only a few hundred trillions..
This may happen due to demand. But, it may take some time ( Alot of time upto 10-15 years) and the reputation of Bitcoin.
You write that as if 15 years is forever, and a 400x rise is nothing. Not gonna happen unless something goes seriously wrong in the
US, where the USD hyperinflates. If thay becomes the case then
bitcoin will be the last thing I'm concerned about.
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.
So you're saying 1 satoshi will be worth $1 in about 6 months?
But really, that is not a farfetched prediction in about 5 years.
If 1 Satoshi will be equivalent to 1$, 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. But I think that is still a long way to go. There is no assurance of that but with a high possibility maybe after 20 years.
Fiat wont be around to be able to measure it if it gets to that point
If Bitcoin goes on rising like that, in theory Satoshi might rise to $1 one day. And there will be mili satoshis as well for sure. In my opinion the best strategy for now is to hold what you have. That's what I'm doing. But then we should also be prepared for the worst case scenario. The future is unpredictable.
yeah im agree with this, if 1 satoshi 1$ so maybe there are mili satsohi and if we get 1 satoshi we will be happy like we get some 0.0001 right now hahahaha. but i think 1 saotshi cant be 1$, if 1 satoshi 1$ how about transfer fee? 0.0001 for transfer fee? hahaha
It is good to here if 1 satoshi is 1 dollar so if you go in the situation, a one satoshi is one dollar and in some faucet you can earn 26 satoshi in one captcha so 26 dollars in one captcha? So it is nice to hear and some people do captcha only.
Maybe in 30/40 years
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
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
In the last three years my brother got married and he has now two children.
Does it mean that in the next 30 he is going to have ten wifes and 20 children?
And let's say BTC is special and it will do so in 17 years.
What is stopping it from going x25000 to 2.5 trillion a piece in 34 years?
it is far more different compared on the old day which bitcoin are not that famous/popular and few people trusted [some buy btc before just for fun] who know that it will come up to this far. but 1 sat = to 1$ is very ridiculous , in im perspective when it happens there will be a war in cryto world and our economy will collapse.
It is highly unlikely that 1 Satoshi would be valued at $1, but with the devaluation of the dollar and with inflation that might
not be totally absurd to say that it might happen in the future. The US Dollar might collapse, like the Zim Dollar did and we
would be dealing with values like that. I like the "mSatoshis" unit that you suggested.
not be totally absurd to say that it might happen in the future. The US Dollar might collapse, like the Zim Dollar did and we
would be dealing with values like that. I like the "mSatoshis" unit that you suggested.
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.
At the moment 1 USD is 0.85 EUR. I was talking about this. Now imagine if for some reason USD goes south like 10 USD for EUR, 20, 30... This would increase BTC value in USD but not in other FIAT.
There's no real way to tell but I can guarantee most of us dream of this to happen. $1 per satoshi would mean a bitcoin would be worth $100,000,000 which is pure insanity and 99% of us would be rolling in $$$. Also with 21 million bitcoins in circulation at 100 million per coin, well you do the math. I think 1 cent or maybe even 10 cents per satoshi would still be amazing and somewhat reasonable. Then again who knows what will end up happening. In my opinion I couldn't see bitcoins being worth over a million dollars and that's a HUGE stretch, more than likely it wouldn't go above $50,000.
I can't possible think 1 sat =1 USD. Because I think fiat currency can't lose it's value and become so bad and critical because it is more known and has more followers, and corporates won't let their regularized fiat go down so badly.
If this happens, probably it's because BTC will be known worldwide and used for several things, so demand would grow. Who knows corporates find a way with cryptocurrency(Probably difficult), they might be the 1st ones to devalue fiat currency.
If this happens, probably it's because BTC will be known worldwide and used for several things, so demand would grow. Who knows corporates find a way with cryptocurrency(Probably difficult), they might be the 1st ones to devalue fiat currency.
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.
You're right, I just did a guess by the decimals so I'm off by 3. It's not that a wish but one more economic depression and we're very near there.
My opinion is that 1 m a Bitcoin is whats maximum possible if it does not slow down and keeps getting used. Above that price, I don't see it maintainable. Maybe I am wrong and it will become a rare collector's item. I can see auctions happening when Bitcoin gets very rare. Meanwhile, you have a lot of new developments in other blockchain solutions and products so going that far to the future too like 2025 is maybe not a good idea. But so long Bitcoin stays the king in value. It's possible to go much higher but let's first reach 100k per Bitcoin first, shall we? 
Jump to: