Topic: What will happen when 1 satoshi is $ 1? - page 14. (Read 17286 times)
For a satoshi to hit $1, we might want to see everyone in the world using bitcoin. Other wise it is never going to hit that high and stay there. Right now, I can't see this happening as there will also be other altcoins, old and new ones gunning for bitcoin. Sure bitcoin will appreciate well in future. But 1$ for every satoshi is too much to take, at least for now.
Please do not dream, we have to be realistic, I'm sure before the price $10.000 bitcoin will be destroyed because everyone would sell them and not leaving until the prices drop and could not rise again.
Don't worry nothing like that will actually happen because bitcoin is really strong and holding it's price solidly amd if you see there are very less short term investors most of the investors are long term so it will kind of be tough to reach 10k but it is definitely possible.When prices rice $10,000 then I don't think even if everybody sells their stash for sure the prices will not plummet and it will retain a high price. It got there for a reason for sure and not just because people are manipulating the prices. Though I don't think it will reach that far. Probably something new will replace bitcoins, we wouldn't know it for sure.
Please do not dream, we have to be realistic, I'm sure before the price $10.000 bitcoin will be destroyed because everyone would sell them and not leaving until the prices drop and could not rise again.
Don't worry nothing like that will actually happen because bitcoin is really strong and holding it's price solidly amd if you see there are very less short term investors most of the investors are long term so it will kind of be tough to reach 10k but it is definitely possible. 
What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
This is impossible. But if 1 Satoshi worth 1$, that would be awesome. But I think this will never happen. Society will be imbalance because of the price, all of us bitcoin users will be rich in a tick. And all people who's not using bitcoin will be suffered. Why ? Because of the imbalance of the money .. 1$ will is now on its lowest thing so the items or products will cost 1000 times as much as today.
There is no way that such thing can happen, if 1 satoshi reaches 1$ then a person can be rich with just using faucets, and if that thing happens the demand for bitcoins will go down, because if that happens it will be unfair to new users that they will only get small amout of bitcoin and the old users already got rich, for example : if the satoshi reaches 1$ price then the income from faucets and other things that can a bitcoin user gain profit with will only give them low amount of bitcoin, and it makes them feel like they are at a total disadvantage.
What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
Jihad is not a joke What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
This is impossible. But if 1 Satoshi worth 1$, that would be awesome. But I think this will never happen. Society will be imbalance because of the price, all of us bitcoin users will be rich in a tick. And all people who's not using bitcoin will be suffered. Why ? Because of the imbalance of the money .. 1$ will is now on its lowest thing so the items or products will cost 1000 times as much as today.
The only way I see a single satoshi being one dollar, is if we get mass adoption which probably won't be for some time.
Please do not dream, we have to be realistic, I'm sure before the price $10.000 bitcoin will be destroyed because everyone would sell them and not leaving until the prices drop and could not rise again.
It is not really true because if you assume that the price reaches 10,000 USD then why would people sell their bitcoins ? When price reached from cents to thousand dollars people did not sell, then why assuming people to sell ? Anyways 10,000 USD is a difficult but sure possibility.
Though I agree with the majority that price becoming 100000000$ is almost impossible. ( 1satoshi = 1$ gets that value ).
What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
This is impossible. But if 1 Satoshi worth 1$, that would be awesome. But I think this will never happen. Society will be imbalance because of the price, all of us bitcoin users will be rich in a tick. And all people who's not using bitcoin will be suffered. Why ? Because of the imbalance of the money .. 1$ will is now on its lowest thing so the items or products will cost 1000 times as much as today.
Please do not dream, we have to be realistic, I'm sure before the price $10.000 bitcoin will be destroyed because everyone would sell them and not leaving until the prices drop and could not rise again.
It is not really true because if you assume that the price reaches 10,000 USD then why would people sell their bitcoins ? When price reached from cents to thousand dollars people did not sell, then why assuming people to sell ? Anyways 10,000 USD is a difficult but sure possibility.
Though I agree with the majority that price becoming 100000000$ is almost impossible. ( 1satoshi = 1$ gets that value ).
Let's suppose everyone will start selling their coins at $10k. Yes, the price will start dropping in that case, but the process will not be endless. When the price is $5k some will stop selling, thinking "if it was $10k before it might be $10k again, so why to sell at $5k?"
I think the chance that this happens is very low, it is almost impossible.
Try to imagine, if the price of 1 satoshi is $ 1, the Bitcoin will cost $ 100 million. It is a terrible figure, it's too big.
Currently the price of Bitcoin is about $ 1,170, so if you have $ 1, you will have 100000 satoshi. This shows that the price of 1 satoshi is $ 1 will be very unlikely. The value of Bitcoin is growing very fast, it is very developed but it remains at a certain level.
If this happens I think there will be many people become millionaires because many people have more than 1BTC and the world economy will be able to big changes and that fact is almost impossible.
Try to imagine, if the price of 1 satoshi is $ 1, the Bitcoin will cost $ 100 million. It is a terrible figure, it's too big.
Currently the price of Bitcoin is about $ 1,170, so if you have $ 1, you will have 100000 satoshi. This shows that the price of 1 satoshi is $ 1 will be very unlikely. The value of Bitcoin is growing very fast, it is very developed but it remains at a certain level.
If this happens I think there will be many people become millionaires because many people have more than 1BTC and the world economy will be able to big changes and that fact is almost impossible.
although it is looking impossible but i think anything can happen in this world. i think if it reach to that point so the bitcoin holder will be millionaire then.
It is every bitcoiner's dream that Bitcoin should go to the moon and it is true, strange things do happen in this world, but somethings are obvious, with zero chance of ever happening and there is no need whistling for the moon. By the way, 1 satoshi does not have to equal $1, for bitcoiners to realize their hope in Bitcoin. Please do not dream, we have to be realistic, I'm sure before the price $10.000 bitcoin will be destroyed because everyone would sell them and not leaving until the prices drop and could not rise again.
It is not really true because if you assume that the price reaches 10,000 USD then why would people sell their bitcoins ? When price reached from cents to thousand dollars people did not sell, then why assuming people to sell ? Anyways 10,000 USD is a difficult but sure possibility.
Though I agree with the majority that price becoming 100000000$ is almost impossible. ( 1satoshi = 1$ gets that value ).
Please do not dream, we have to be realistic, I'm sure before the price $10.000 bitcoin will be destroyed because everyone would sell them and not leaving until the prices drop and could not rise again.
It is not really true because if you assume that the price reaches 10,000 USD then why would people sell their bitcoins ? When price reached from cents to thousand dollars people did not sell, then why assuming people to sell ? Anyways 10,000 USD is a difficult but sure possibility.
Though I agree with the majority that price becoming $100000000 is almost impossible. ( 1satoshi = 1$ gets that value ).
In your dream maybe but in reality its impossible to happen. I agree with some people that bitcoin can reach $100, 000. Even if some people manipulate the market on bitcoin not even a chance.
Yes it's true that the worth of one satoshi becoming equivalent to one dollar is almost impossible. And if this actually happens it would lead to some serious problems, among the biggest one that comes to my mind is what would be the transaction fees ? Because no one would like to pay even 1 dollar per transaction and less than a satoshi can't be the fees.
I think if 1 satoshi become $1, Satoshi will be subdivided into smaller units, and txfee being adjusted to less than 1 satoshi. It is only a code that can be modified and change once consensus is met. So I do not think that this will be a problem in the future once we Bitcoin reallly worth 100 million dollar a piece.
In your dream maybe but in reality its impossible to happen. I agree with some people that bitcoin can reach $100, 000. Even if some people manipulate the market on bitcoin not even a chance.
Yes it's true that the worth of one satoshi becoming equivalent to one dollar is almost impossible. And if this actually happens it would lead to some serious problems, among the biggest one that comes to my mind is what would be the transaction fees ? Because no one would like to pay even 1 dollar per transaction and less than a satoshi can't be the fees.
In your dream maybe but in reality its impossible to happen. I agree with some people that bitcoin can reach $100, 000. Even if some people manipulate the market on bitcoin not even a chance.
Yes it's true that the worth of one satoshi becoming equivalent to one dollar is almost impossible. And if this actually happens it would lead to some serious problems, among the biggest one that comes to my mind is what would be the transaction fees ? Because no one would like to pay even 1 dollar per transaction and less than a satoshi can't be the fees.
I ever 1 satoshi equal $1, damn I'll be filthy rich with just 1 Bitcoin! And I do guess that satoshi will be broken down to a smaller unit to accomodate smaller transaction. It will never impossible to do that because Bitcoin is just a code that can be modified everytime a concensus is created.
Exactly but I think it is a purely theoretical case and might not happen in practical application. It will need too much market capital for satoshi to reach $1. I don't see any such possibility anytime in near future.
In your dream maybe but in reality its impossible to happen. I agree with some people that bitcoin can reach $100, 000. Even if some people manipulate the market on bitcoin not even a chance.
It's indeed most bitcoin users' dream to have one bitcoin worth $100,000 and become millionaires in just second. But yeah, this sounds totally day-dreaming, though I can't tell anything about the far-distant future but one thing for sure that bitcoin won't reach that high in just short time. It may but when it happens, we would have all gone to heaven. 
Just simple, We all bitcoin holders will be millionaires and the late comers to bitcoin would be jealous on seeing our prosperity.Hope, you got the answer.
I like it man. There is nothing wrong in dreaming, I imagine my bright future ahead because of bitcoin, 1 satoshi is 1 dollar, wow!Well, as we are saying, no one can predict the actual price of BTC for a day, a year and etc and no one can manipulate its price.
Here you can see that price at one time was not even complete 1 cent ( 0.01 dollars ) and today it's more than ONE thousand dollars, which means 0.1 million times and hence what stops from bitcoin repeating that pattern again ?
I mean multiplying again to such a big value from where it stands now. And 1 million times of $1000 is 109
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