Bitcoin Forum

This is the speculation forum so lets speculate.

When the next big crash happens like the 2008 crash people will realize how much the current system is broken. They will go to bitcoin. 100 satoshi = 1$ by the year 2018.

If they didn't in 2008, why would they "realize" next time? The truth is probably that the current system isn't as "broken" as some here are led to think.

The system is MORE broken than people can realize. The thing is a crash is not seen instantly, it takes years to see the consequence. It's all a game of how long they can keep injecting money to make things seem OK, but it will not last forever.

What if the system is not broken?

I've heard those stories about the us and the $ collapse since the 90 and till now nothing.There are more chances half of this forum will be dead before it happens.

a price of 1M per bitcoin could happen only if a very big number of the today world population suddently invests a portion of their saving into bitcoin, there is no other way to reach such amount


well it is collapsing, but at slow rate, just take a look at some country situation, and mass poverty that raised in the last years, if it continues in this way, there will be no going back at some point

it's like a cancer that kill you year by year, not immediately

100sat = 1usd?

I think, fist, we will hit 1btc = 10 usd

If we are talking about a crash in 7+years then don't you think we are in the wrong game if that is what you think will get people to adopt to a crypto that crashes once a month>? You may be right 100 satoshi = $1 but you are more than likely wrong as i doubt very much we will be going to that price, it will crash out long before we see them numbers. Probably won't even see $1000 again. Of course this is just my opinion and everyone is entitled to wishful think..

Bitcoin will only reach 5000 max. Thus, 100 Satoshi = 100.. is not going to happen.

I don't believe in that scenario. Op you just pulled that numbers out of a hat. But I did not believe in other things like economic crash of 2007 earlier and that happened.
I will more likely believe that it would be 1 BTC = 1 USD by the year 2018. As we know now that that price of bitcoin $+1000 was caused by a bot... and that surge was fake.

When gumball machines begin accepting dollar bills.

You must be kidding or off your marbles, the infrastructure is too strong now for that to happen. If bitcoin were to fade into that territory, people would move on to something else and it would be worthless. As things progress, more demand will come into bitcoin and the price will go up. Again, people forget what happens when a bull market starts, it's likely to be mean after the lasting bear season.

since when did you become a comedian? it will never again hit $10 as that would cause a few people to buy all bitcoins in existance. keep dreaming. 100 sat will never become $1

How I laugh when people use the word NEVER on this board.

Btw , which of those never is gonna not happen ?

Fist, I would like to say that peoples who start bitcoins are already multi millions. They are smart peoples, they earned a lot and most finish with it and working on better new projects.Train is gone. Now left only villagers with full of pocket of bitcoins with 500 average price was bought. Maybe 2 years later or any day came much much better project.

So if you are in bullish with big dreams that you gonna be rich in one day when btc price will be 10 000 that not guarantee that will be.

Just my opinions.

all your opinions have been stored into the memory of the internet. I will bump this when btc rises and laugh. Thank you.

Ok :)

when hell freezes over,
when pigs fly,
when the top 1% owns all your coins,
etc...

Not gonna happen if the dollar collapses. Some people would probably buy and there'd be a substantial rise, but bitcoin would quickly be forgotten as it cannot operate without fiat any time soon (or ever, for that matter)

I think world can live without fiat. It can even live without grain, but much harder.

Maybe, 100 years later.. :)

around the time that bitcoin will work only with fees, at that point it should outclass fiat in every way..if everything will work as expected...

100 satoshi - 1$ after the big hiperinflation of 2027, when the US economy collapses

Bitcoin was around in 2008  ??? ::)

Im thinking more like 2020, around the halving after next. At the latest.

i heard "is not going to happen" in this forum so many times and it almost always did happen...so you saying "is not going to happen" is like it's 100% happening...do you get it? i don't, i should stop smoking weed  ;D

after the next stock market crash.
the fed will start QE infinity and send the dollar into hyperinflation.

Yep ya right about that, i read that sort of stuff all the time here, and no it's not the weed trust me, no need to stop smoking  :P

Stop dreaming about the this, It's hard to say when we could back to $1000, talking about millions of price is completely unrealistic.

I wouldn't even dream that it could go back to $1k unless someone can do a unnoticeable manipulation of the price

100 satoshi = 1$ when?

In 20 years, maybe.

In 2054.

lol maybe it is possible in dreams

Second halving will be @ 2016 (75 % all coins will be mined) ;
Third halving will be    @ 2020 (87.5 % all coins will be mined) ;
Forth halving will be    @ 2024 (93.75 % all coins will be mined);
Fifth halving will be    @ 2028 (96.875 % all coins will be mined);

After forth halving there will ~1.3 million will be left. I think , after 2024 we can see $ 100k+/BTC. About 2025-2030 we can see 100 sat = 1 $

So my $24 in BTC would be worth $10,000 about? That's a pretty good investment if you ask me!

Where do you get the idea that the amount of coins mined so far relates with the value of the coins, though?

It will never reach $100K per coin, no matter how much coins there are left to be mined. Keep dreaming. At most it might be between $5-$10K, if ever.

I wouldn't totally dismiss that possibility. We've seen this kind of astronomical rise before, and could very well see it again. But I agree that - at this very moment - it is still quite some water down the river and blocks waiting to be mined.

Recommendation: Go a couple years back in this forum and found posts like this "You are insane to think Bitcoin will ever reach the same value as the USD, just join a mental hospital".

101 for revolutionary technological stuff: We can not properly value it.

100 satoshi = 1$ is almost impossible. We need world war or something similar happen.

Well, if 100 satoshi is ever worth $1, all the satoshi I collected while fooling around with faucets would make me financially comfortable.  And a lot of other people as well, providing they haven't sold or spent any.  This would be making a lot of undeserving, time-wasting, scum-suckling suckers rich--myself included--and it isn't likely to happen.  'Tis nice to dream, though.

If it does happen, I will keep thinking of all the transaction fees that I paid to get my transaction processed.  :P

Sorry to disappoint you but people will go 1st to the broker to open a shortposition on stocks and currency and second they will go see their bullion dealer BECAUSE THAT'S WHAT THEY KNOW. Not many will buy BTC in a crisis, most will run to gold. 

No worries. If it does happen, the transaction fees will be 0.00000001. If not enough, we can add more 0 in front.

Ok i speculate that we will never see 100 satoshi be worth $1 at current standards, however much this would be something i would like it just isn't happening and is on the extreme end of wishful thinking at best.

When the next big crash happens which is many many years between and might even be the last we see in our lifetime if they keep pumping it with the funny money, anyway my point even if it did crash in our lifetime why would people choose something even less stable and something they have little to no idea about?

Saying all that if people understood what the dollar was really worth it would indeed be worth close to what you describe but people don't want to or choose not to want to know the truth that it is barley worth the paper it is printed on.

So until they do......

This will never happen  ::)

Wise to hold both. I hold Precious metals and Bitcoin.

Snapchat went for billions. Bitcoin is around 3 billion. The pump is yet to happen.

I think is imposible 100satoshi = $1. Because now is easy earn bitcoin

I highly doubt this will ever occur but definitely not anytime soon.

If 10% of world population want to own 1 bitcoin, it will be $1m. But it will not happen soon.

if economic crisis happen, people would go to precious metal like gold
gold price will skyrocket if economic crisis happen
bitcoin will get attention from people if many people think bitcoin is safe haven for their wealth

The question is whether Snapchat was paid for with FIAT money or whether they actually used stock shares, or whatever. The market capitalization of Bitcoin (and other assets) says nothing about the total amount of money that actually went into the asset! There haven't been $3b invested into Bitcoin - which is a good thing if you want higher prices. This means that we would be no where near the top!

i think 50% fiat and 50% not direct sellable shares. bitcoin as a whole should be valued much and much higher. especially if you look at the possibilities of bitcoin.

A long time ago: 1 bitcoin for 1/10/100/1000 dollar was too IMPOSSIBLE, so said people..  ;)

Reaching a market cap of a tens/hundreds of millions/ low billions is a comparative piece of piss. There's room in the world for that to happen thousands of times over.

If you're aiming for a trillion or more there'll be a whole planet to convince.

impossible  :(

Dunno, but if we can convince 100M people to use BTC we will have some good profit

Less than 0.3% of earth population can EVER have 1 bitcoin (on a long term basis).

Time will decide when will it be happened. Hoping one day for a shooting stars for bitcoins.

thats what they said about going to the moon. or bitcoin reaching 1$ LOL

There will only be a 'big' crash when the powers that be want a big crash and who is to say we will even be alive for the next who is to say the next is not the end of life as we know it so it would not matter about bitcoin it would be back to the gold standard which is really the best system and has proven so for 100'- 1000's of years.

Lets just say that people do want to and are allowed to leave fiat, the price could be 100sats to $1 it could even be 10sat to $1 i guess it all depends how inflated the dollar gets but judging by current standards it will be no where near these predictions and as said who is to say they will let another crash happen.

No to 100sat to $1 in most scenarios

In order for the value of 100 satoshis to equal the purchasing power of $1 USD today, the price of a single bitcoin would have to reach $1 million. That means that Bitcoin itself would need to have a market cap of $21 trillion. Such a large market cap would only be possible if Bitcoin replaced all fiat currencies everywhere in the world. That means there would be no USD, no CNY, no JPY, no GBP, no EUR, etc. This is the best case scenario for Bitcoin and it's also one that Hal Finney even considered and hypothesized about back in 2009 during his conversations with Satoshi:


However, it's also far from straightforward. It's easy to go from a $1,000 market cap to a $1 million one or even a $1 million market cap to a $1 billion one but it's much, much harder to go from a $1 billion market cap to a $1 trillion one despite the increase in magnitude being the same.

How many businesses with >1 billion dollar market caps do you know of? I'm sure you can think of many. Now ask yourself the same question but with >1 trillion dollar market caps instead. If Bitcoin does ever end up overtaking all national fiat currencies, then we will eventually see coins worth $1 million. But you can't really compare the step up from $1 to $1,000 with the step up from $1,000 to $1 million. They're two completely different things.

1BTC=$1,000,000?

This is called tail risk.

1BTC=$0

Is the other tail, and it's a fattish tail.

I will never even think of that. An global economic collapse although would, to a certain degree make people realize about finding an alternative way to store their wealth, but before that, bitcoin needs to first solve its own internal problem to make sure that it meets this criteria. Volatility in the price right now that points to more downward pattern is creating all the negative sentiment. So let's try to be more realistic here.

bitcoin can reach this crazy value without waiting the collapsing of fiat money or other stocks, but it is not a thing that you can build in 6 years only, when the software is still in beta, the current price trend is not a real indicator of the future, it could fall to sub 200 for rising even stronger after that

If 100 satoshis = 1$, then the transaction fees will be 100$...
0.0001 = 10000 satoshis = 100$

It will come sooner than you think.  Buy now.

There are arguments for and against this. Many people tend to pull their money away from risky and speculative investments towards "safer" investments when the economy is in crisis.


Agreed, although Bitcoin is in a protracted beta phase so it's not really comparable to an actual beta product. I suspect this is the case due to philosophical rather than technical reasons.


The transaction fee is set by miners. If/when 100 satoshis are worth a dollar, miners will be accustomed to accepting transactions containing fees much smaller than the typical 0.0001-0.0005 BTC amounts we see today. The default transaction fee used by clients can also be adjusted as the value of Bitcoin grows. It has been changed in the reference client at least two times before.

I guess you are pretty spot on. I believe the reason many people are 'waiting for' or counting on a global collapse of the economies is that they believe Bitcoin may profit from such a collapse in a remarkable way - which may be true, actually. People would be looking for alternative ways to store their wealth.