Topic: Price of a "Satoshi" in the future? (Read 545 times)

I see what you mean. After all, 1 Bitcoin will always be equal to 1 Bitcoin no matter what. It's all about utility instead of speculating crypto's price/value in terms of Fiat. But since many people view Bitcoin to be an investment tool, it doesn't hurt good to speculate what its price will be in the future. Gold and other precious metals are also valued in terms of Fiat. Some are much more expensive than others, but they're also speculative like Bitcoin is today. When you have 1 oz. of Gold, you're confident that it'll be that way for the foreseeable future. What changes is its price on the market in terms of Fiat. In these times of need, Gold has risen a bit in terms of USD, while Bitcoin has recovered to its pre-COVID prices on the market (sort of).

If Bitcoin gains massive mainstream adoption due to the collapse of the traditional monetary system, 1 satoshi could be well worth 1 cent in terms of USD in the future. There's no denying that purchasing power decreases on a currency that's experiencing constant inflation. This effect would turn out to be positive for Bitcoin "hodlers" as they gain greater purchasing power due to decaying Fiat. In other words, the more banks debase Fiat, the better it'll be for the long-term price of Bitcoin on the market.

But first thing's first. People would need to use the Lightning Network more thoroughly, in order to reduce the burden on the main Bitcoin blockchain. When prices reach exorbitant levels, it'll be possible to use units of a Bitcoin (in a form of satoshis) for the decentralized economy. Otherwise, paying cents in a form of 1 satoshi on the main Blockchain network, will not be feasible.



For a satoshi to be worth $0.10, Bitcoin needs to reach a price of approximately $10 million USD. I think that's insane since Bitcoin's supply is not very limited. For 21 million coins that will ever be mined, I think $1 million USD is a more realistic target. That means that 1 satoshi will get to be worth $0.01 cent (USD) in the future. No more than that. If it does get past $0.01 USD per satoshi, then Bitcoin would've been overvalued. But who knows? In this uncertain world of crypto, anything could happen. If you truly believe in Bitcoin, you would "hodl" it for the foreseeable future. Spending a little amount of coins, greatly contributes to the crypto economy. Just my opinion

I would love to see 1 satoshi to be equal to 1usd someday but thinking that USD is ever inflationary currency, there is a huge possibility that USD by that time will be equal to the 100 times less of its current buying power but then I am ok with it since we have plenty of time to accumulate BTC before that time come and let our grand-grandchildren to enjoy the fruit of our patience and perseverance.

in fact, I share your point of view, especially considering the fact that in a certain future Bitcoin can be used as a means of payment in a person’s daily life. Satoshi will be the currency that a person can pay in a store for bread and coffee in a cafe.

Until bitcoin price can reach more than $100k or more, 1 satoshi will be worth it. But if the bitcoin price is still like what we see now, 1 satoshi will not worth enough. But if we get a profit 10k satoshi, then it is worth to save it, and we can try to make more and more 10k satoshi in many ways. The bitcoin price itself will get high in the future, and I am sure that many people are waiting for that, and they still try to make more profit in bitcoin and save it from now on.

For a Satoshi to be worth a cent, BTC needs to cross a million dollar milestone in terms of USD. For that to happen, I still see many more years to be passed (maybe I won't be living till then) but yeah, possibilities are countless for this. However, if 1 BTC = 1 BTC any time during your whole life, then 1 Satoshi will always be 1 Satoshi only no matter the cost you need to pay for it in USD.

Satoshi might be valuable, but I don't see it being relevant any time soon, as long as everyone is getting used to bitcoin it will most likely be ignored since no one pays attention to small things these days and bitcoin has created a name for itself in the industry. On the other hand people will call anything their highest possible and most common call on something rather than using a term for smaller value (e.g. 0.98 Gigabyte, 0.003m) and the coin in cryptocurrencies are essential hence calling it satoshi would confuse new comers.

Theoretically, each halving should have diminishing returns given that the change is in the rate of inflation rather than a drop in total supply anyway. From 100% to 50% is pretty big, but from 50% to 25% and so on means that you should be a lessened impact with each step of the exponential decay.

After all, when the mining reward goes from 2 satoshi to 1 satoshi, are you seriously going to say that the price of Bitcoin should double regardless of the circulation?

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If you want to get real pedantic then it could be argued that we needn't use any status quo object for evaluating the value of given items, especially given shifting values depending on environment, both physical and mental, physically and internally.

Though, I'm not going to tell you that the next time you're buying bread from the shop to pay them in the ratio of 45/3 donuts per quarter inch screw.

While I can't argue with that logic, I would point out that goods and services are not priced in terms of bitcoin....and thus if you're considering the value, the purchasing power, of a given number of satoshis you have to know what a bitcoin is worth in terms of fiat currency.  I'm pretty sure everyone knows this, whether they've taken the time to actually think about it or not.

There's no guarantee that's going to be the case by any means.  There doesn't even seem to be a consensus as to how bitcoin's price is affected by halvings, so I wouldn't assume there's always going to be a bump with every one of them.  People could very well just lose interest in bitcoin, in which case it's not going to matter what the mining difficulty is--I don't think that's going to happen, but it could.

Predicting would be always part specially if we do deal with a speculative market.We can see unrealistic numbers and realistic ones but same as you said this is way more better
other than those presumptions that we do commonly read.

In regards to its value then theres no doubt that it would really still fly with colors neither it would become stand-alone or would still be on that fiat-value dependent.

Nothing is assured when we do talk about future thing but we can already make out insights basing on what we are current seeing now.

Every investment is always worth to gain sustainable returns as long as it maintains a strong foundation. Every satoshi can be a good potential when the market soars back higher of its price. Meanwhile, we're still having no definite assurance to when it could cause bullrun. Many of us expected a huge rise but it was just frustrating while we're still in the midst of the pandemic.

I better like this prediction more than anything else.  You can never go wrong with such value. But anyway, whatever its value in terms of USD, for sure it will go higher from where we are now. You can only speculate its future value but there's really no significance of predicting it now.

satoshi is a very low value. I do remember at some point very popular was bits. bits were 100 satoshi. When we talk about satoshis we will for some time have to mention kilo. Since less then 1000 satoshis will not be worth much.

I'd rather expect 1 satoshi to be worth $ 0.1, and it's truly a wonderful day if it happens,
even though many experts say that Bitcoin is a bubble, but I think it still has the power to be a useful investment

I don't know how well that analogy works. We don't compare forex prices when buying stuff at the store. Japanese people price goods in tens and hundreds of thousands of yen. Maybe someday we will also do the same with satoshis?

None of the attempts at re-denominating BTC with smaller units (mBTC, bits, satoshis) have ever caught on. However if BTC is used as a common medium of exchange and also becomes extremely valuable, a paradigm shift to pricing things in smaller units makes sense.

It would be pretty weird paying for stuff in the store for amounts like 0.000001 BTC.

Good for you but that was my point;) satoshi (all lower case) is pretty much normalised in discussions, and there's really no need to have quotation marks.

Anyway, just being playfully pedantic about it, we all understood what was being referenced!

I really wouldn't expect the value of a satoshi would really go that up high since it would really take a whole lot of demand to do so. If you want to focus more accurately on how will the future price of Bitcoin will be you must be realistic on how things are shaping up for the mass adoption of Bitcoin or at least crypto payments in general in the future and if we are looking at the current situation you would say that we aren't on track on any kind of mass adoption for crypto right now. So with that being said we don't have that kind of demand as well as buying power to push a satoshi that high.

When it comes to future talks then i can always say that no one would able to predict on what would happen in future neither bitcoin does still exist or completely being replaced by some alts.
If satoshi would already come into that kind of point then just like what being said above that satoshi= satoshi which basically means that it doesnt tied up already with USD or fiat value
which i do highly believe into that thing rather than saying of $1M per btc price.Its unrealistic but we are talkling about IF's here so btc might really stood up its own value without
any depending with fiat itself.

I would say having satoshi that high is actually quite dangerous. I would hope that bitcoin never reaches 1 million dollar per bitcoin levels, when things are that expensive how do you plan on making the trading fee low? I mean sure you could have 50 satoshi fee type of deal that would worth 50 cents which is still not horrible and cheap but considering it is not like that even right now, how do you trust it to become like that during those days?

I am pretty sure the fee rate would go up to tens of dollars by that time if the price is a million dollars. That is why I think the best case for bitcoin should be maximum $100k per bitcoin and never more, that is enough as well we should not see bitcoin as a way of making profit after that, we should see it as a currency to be used and that's it.

One cent 2050 or sooner...

I do carefully use as Satoshi to refer Mr.Satoshi Nakamotto and satoshi to denote the base unit of BTC .