Bitcoin Forum

Economy => Speculation => Topic started by: jehst on November 25, 2015, 04:04:24 AM



Title: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: jehst on November 25, 2015, 04:04:24 AM
What do you guys think?


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Harmonica on November 25, 2015, 04:05:24 AM
Please stop.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Cconvert2G36 on November 25, 2015, 04:09:12 AM
Maybe price will raise and you have your millionairs.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: jehst on November 25, 2015, 04:12:14 AM
Maybe price will raise and you have your millionairs.

Thanks. I hope so.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pungopete468 on November 25, 2015, 05:37:35 AM
Maybe, but you might not be able to afford a mayonnaise sandwich with your million dollars by then... 


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: chesthing on November 25, 2015, 05:41:25 AM
Maybe someday a million bitcoin will be worth a sandwich. A shit sandwich.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pungopete468 on November 25, 2015, 06:15:02 AM
Maybe someday a million bitcoin will be worth a sandwich.

You gotta hand it to the sandwich...

It's got more potential "intrinsic" value than any amount denominated in dollars, or Bitcoin. A person who's starving to death would treasure it more highly than both...


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Supercrypt on November 25, 2015, 06:21:36 AM
Based on demand and supply principles, all the commodities may reach a stable price one day or other.
Once all the bitcoins will be mined out, I mean all the 21 million bitcoin are brought in use we may see a stable price. At the time bitcoin may value like this one satoshi=$1 or $10 or even $100.
By 2046 we will not complete the mining of all bitcoins. So, less chances for your predictions.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: ivanst776 on November 25, 2015, 06:26:07 AM
I don't want to lose your hope but i think that no, it should not be possible by 2046, it is just a small amount and nowadays worth nothing not even a cent.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: iv4n on November 25, 2015, 06:41:43 AM
Millionaire??? Or u wanted to say billionaire? We will se some big inflation, so million dollars will not worth nothing, and bitcoin will fort fortune. I think u just need to make paper wallet and keep that money u have very safe. Maybe u should consider to make two wallets and to put this amount on two places, cause of security. Don't hold all your eggs in just one basket. Anyway when u become millionaire I expect u will buy something for drinking or some little party.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: SFR10 on November 25, 2015, 06:45:33 AM
Non of us would be a millionaire or anything near it with .00000001 BTCitcoin on our wallets by then, so highly unlikely. Assuming for each passing year there would be a steady increase (regardless of the facts, just assuming) of 100 in value of BTCitcoin which as result it's still way beyond the margin of a so called million.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Nunu on November 25, 2015, 08:37:13 AM
What do you guys think?

Maybe and maybe not.  8)

Be a millionaire by 2016, why wait for 2046?  :)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Amph on November 25, 2015, 08:37:59 AM
no because the whole economy market cap is in the range of Trillion, not even quadrillion, and even with quadrillion you have a tiny amount there

so if bitcoin will absorb every other money system out there you will not be rich


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Mickeyb on November 25, 2015, 09:23:33 AM
Haha you surely gave me a good hard laugh! :) 0.00000001 and a Hero member account, I seriously doubt it!


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: YouScam on November 25, 2015, 09:25:00 AM
Yeah, you'll be a trillionaire by then. 1 sat will cost 1 trillion zibambwe dollars


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: hasiramasenju on November 25, 2015, 03:46:30 PM
if that could be really happen then i will become rich easily only from faucet site
because most of them give the reward more than 1 satoshi for every claim :D :D :D


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: amacar2 on November 25, 2015, 04:19:14 PM
What you think people will pay 1 satoshi as fee when it will cost them millions? So 1 satoshi will never be million and you will never be millionaire neither in 2046 nor in 20046.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: jaredboice on November 25, 2015, 04:21:54 PM
What do you guys think?

In all seriousness, I think you'd need a whole bitcoin to be a millionaire, assuming Bitcoin explodes the way some think it could.  However, if we're talking about the year 2046, it's possible that a large fraction of a bitcoin could be worth a million.  How much?  I have no idea.  If Bitcoin actually blows up and is used universally, it's possible that half a bitcoin could be worth a million in todays' value by then, assuming best case scenario.  However, 0.00000001 will have no chance of being worth a million dollars in 2046 (not even this century).  Realistically, a satoshi might be worth a penny or so.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: midmir on November 25, 2015, 04:25:42 PM
I hope so but can not be sure have to ask Hiro Nakamura first ...


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: David Rabahy on November 25, 2015, 04:25:49 PM
If you are implying US dollars then it depends; do you mean in terms of 2015 US dollars or 2046 US dollars?


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: jehst on November 25, 2015, 04:29:53 PM
If you are implying US dollars then it depends; do you mean in terms of 2015 US dollars or 2046 US dollars?

2046 dollars


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: dloghwak on November 25, 2015, 04:33:36 PM
If you are implying US dollars then it depends; do you mean in terms of 2015 US dollars or 2046 US dollars?

2046 dollars
No USD in 2046 sorry mate. But you will be RMB millionaire, congratulation!


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: target on November 25, 2015, 04:45:45 PM
its possible.  ;D 
I'm pretty sure I'd still be alive by 2046. Update us, you can reply to this thread later and show yourself sipping a drink while inside your Jacuzzi with naked girls.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: richardsNY on November 25, 2015, 05:17:21 PM
Definitely not. It's even hard to think about 1 Bitcoin to reach 1 million at some point in the future, let alone 1 satoshi.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: InvoKing on November 25, 2015, 05:24:26 PM
I have .00000001 bitcoin. Will I be a millionaire by 2046?
What do you guys think?

Nope, imo you have <0.001% chance to see this happening, i believe after many many years we will replace BTC daily usage by mbtc then satoshi but having 1 satoshi will make you a millionaire seems a cool dream  :)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: OmegaStarScream on November 25, 2015, 05:27:39 PM
What do you guys think?

Hell no , this is totally impossible and it will never happen .
If you said 1 BTC by 2046 would worth one million dollar then yeah why not (small chances , like very small ...) but one satoshi make no sense , so first let us break at least the 1000$ then we can talk about the future of bitcoin (for what comes to the price) .


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: gentlemand on November 25, 2015, 06:29:58 PM
Depends on whether we get a few trillion District 9 style arrivals who are all ready to work hard transforming the rest of the solar system. By my calculations the odds of that happening before February 12th 2037 are around 76.1% so you could be golden.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: DieJohnny on November 25, 2015, 06:34:43 PM
in terms of US dollar most definitely, but in terms of today's buying power, absolutely not


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: XCASH on November 25, 2015, 06:49:53 PM
If the transaction fees stay the same you would pay more than .00000001 bitcoin in fees to spend it. It could never reach a million dollars unless the US has hyperinflation like in Zimbabwe, but if it did the fees to spend your million dollar .00000001 of a bitcoin would be orders of magnitude higher, and a million dollars wouldn't buy you a single economy brand tinned baked bean.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: NorrisK on November 25, 2015, 07:01:00 PM
Maybe you can be a millionaire in sand holding that amount...

Come on, atleast 1 btc / 1 million usd is somewhat possible considering values of stuff around the world. This is just stupid..


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Lituation on November 25, 2015, 07:15:28 PM
Yes, you have a chance, in Zimbabwe currency. I don't know why you want to be a Zimbabwe millionaire though.

https://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_$100_trillion_2009_Obverse.jpg


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: jehst on November 25, 2015, 07:34:43 PM
Yes, you have a chance, in Zimbabwe currency. I don't know why you want to be a Zimbabwe millionaire though.

https://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_$100_trillion_2009_Obverse.jpg

i love how there's just a pile of rocks. they ran out of people


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: lissandra on November 25, 2015, 07:36:13 PM
its that bitcoin zimbawe money lol.

seriously by 2046 I have more chances to be dead then seeing that crazy value happen. sad truth.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: midmir on November 25, 2015, 08:24:05 PM
I hope so but can not be sure have to ask Hiro Nakamura first ...

Just asked Hiro Nakamura and he said: too many butterflies


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Denker on November 25, 2015, 08:26:04 PM
What do you guys think?

Are you serious? Or is that a trolling attempt?
If not I'm sorry to disappoint you but that amount will not be enough.
1 satoshi will never make you rich.Maybe it will be worth a 1 cent! ;D
Now do the math.When 1 satoshi would be 1 cent how much value would a full bitcoin have? ;)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: randy8777 on November 25, 2015, 08:33:14 PM
keep dreaming! that will never ever happen, so it's not even worth having a fantasy about it. be realistic and you'll be fine.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Patatas on November 25, 2015, 08:54:03 PM
Yes Indeed! You can be a millionaire by 2046 if the following conditions are satisfied :

1 If US government declares a war with Russia and becomes extremely broke after the war .Also US economy becomes the cheapest economy in the world.People will have no hard cash, banks will go bankrupt ,only way to fund the humongous needs will be cryptocurrencies in the cold storage.

2Our planet suddenly runs out of papers ,like there is no more paper left to print out the hard cash.Only way of trades would be bitcoins.If you have  bitcoins you're most likely to survive on the planet or else there is not much you can afford here.

3 Donald Trump becomes the Prime Minister of America.

This is quite of a logical explanation based on research analysis carried out with different real life scenarios and examining them under extremely complex algorithms .


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Wexlike on November 25, 2015, 09:03:53 PM
Maybe someday a million bitcoin will be worth a sandwich. A shit sandwich.

Now I will invest in sandwiches.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: n691309 on November 25, 2015, 09:09:24 PM
It is good to be optimistic but not going through limits, a satoshi can't cost a million in few decades, the technology trend is moving fast but not so much to be a millionare.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: mtnsaa on November 25, 2015, 09:24:02 PM
I lol'ed at the title. Also, to be old and milloinaire? What for? Unless we need money to buy some new bodies/brains. Unless you are 10-15 years old, then you are ok I guess.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: 98problems on November 25, 2015, 09:24:04 PM
thats simply impossible in my opinion, you need at least like ten thousand bitcoins in order to be a millionaire if there will be a big price increase in the future


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Echye on November 25, 2015, 09:29:26 PM
Did you have enough sleep before writing this idea :p?


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: HarryKPeters on November 25, 2015, 10:22:58 PM
According to my calender you will be a millionaire at 14 may 2056. Give or take 2 days .

If you will be alive by then offcourse, else your bitcoins would be collecting dust.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Callahan on November 25, 2015, 10:25:30 PM
According to my calender you will be a millionaire at 14 may 2056. Give or take 2 days .

If you will be alive by then offcourse, else your bitcoins would be collecting dust.
He lost the train  :D :D


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Amph on November 26, 2015, 08:22:21 AM
also every user that use faucet out there, can be millionare at this point of that amount will guarantee to you the wealth

would be ridiculous


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Mickeyb on November 26, 2015, 09:48:18 AM
also every user that use faucet out there, can be millionare at this point of that amount will guarantee to you the wealth

would be ridiculous

Yes, this would be insane. Even though I think Bitcoin will be big, I don't think it will ever get this huge!


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: ultimatesky on November 26, 2015, 09:57:06 AM
Doubt you'll become a millionaire by 2046

Unless you add at least 10 bitcoins to that number, you might have a chance.

Wish you all the best reaching your goal to become a millionaire by 2046


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: tiggytomb on November 26, 2015, 10:04:29 AM
This cannot be a serious question, no way in hell or any other place this will ever be worth a million $ we won't ever see 1 bitcoin equaling a million $.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Searing on November 26, 2015, 10:31:11 AM
What do you guys think?

I sure hope so ...I have (if i cashed out my LTC to BTC also at this point in time)  the equiv of 108 btc or so and still mining.

(heh perhaps if your rate is correct the knc 550gh Jupiter miner should be fired up and all the old usb bitcoin 333mh miners too boot)

a lovely 'unicorn/rainbow/and fairy land dream by the by...but er NOPE AIN'T GONNA HAPPEN (damn it was hard to type that I like 'your dream' better then "my reality") :)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Pollak on November 26, 2015, 11:01:14 AM
I'm pretty sure this is an impossible goal to set for yourself.

You can't expect something to grow without doing anything. Unless you add 1 btc to that amount.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: johnyj on November 26, 2015, 01:07:22 PM
Theoretical limitation is at Satoshi-USD parity, see my signature. Anything beyond that require huge increase in the economy output, at a GDP increase rate of 1-3% per year currently, that's impossible


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Raimonn on November 26, 2015, 02:02:32 PM
Its near impossible to be millionaire with only 1 satoshi, try to play in one faucet to receive almost 100 to 1000 satoshis.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: croato on November 26, 2015, 02:06:32 PM
I think OP is joking. To be honest i am getting sick of those "I have xxx bitcoin. Will i be a millionaire by xxxx?" threads. No one cant predict future.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Oscoda on November 26, 2015, 02:20:11 PM
What do you guys think?

Well good luck with waiting sir. Maybe you will get millionair if you have 10-20 Bitcoins.

I doubt that will happend 0.00000001 Bitcoin is one million US Dollars in the future.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: MaxTax on November 26, 2015, 03:19:12 PM
Doesn't seem realistic to set this goal.

Unless you keep that wallet growing and keep it flowing with bitcoins.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: blackmachinegun on November 26, 2015, 04:48:50 PM
no i dont think so,i think bitcoin will stuck n every year,on this year stuck on $320 and maybe on next year $400.
and lets imagine if .00000001 become milionare,at least we need bitcoin price on $1000. lets call this,impossible.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: the_poet on November 26, 2015, 11:30:21 PM
What do you guys think?

You'll most certainly be a gazillionaire.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Biodom on November 26, 2015, 11:48:47 PM
yeah, but in zimbabwean dollars (third denomination)
check this out: 100,000,000,000,000 of those =$40
Nice...
http://banknoteworld.com/shop/Zimbabwe-100-Trillion-Dollar-Banknote.html


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: sartorpc on November 26, 2015, 11:51:31 PM
I guess this is a troll post because there are many like this hahaha, made me laugh 7/10


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: VirosaGITS on November 26, 2015, 11:52:50 PM
If you are implying US dollars then it depends; do you mean in terms of 2015 US dollars or 2046 US dollars?

There is not going to be 1000000000% USD inflation over 31 years. They would invade more countries to raise their value long before, or get blown up trying to.

And in the first place is categorically impossible. One BTC would be worth something like the world's complete economy. Just no.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: AndySt on November 26, 2015, 11:57:23 PM
It is unlikely. If only at this time will not be ruled continually rampant inflation and complete chaos in the economy then it is quite possible ;D


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Wapinter on November 27, 2015, 12:03:15 AM
What do you guys think?
Thats expecting too much lol.I dont think this will happen because if 1 Satoshi would be worth a million dollar,then we need to split a Satoshi to spend it which means something like micro Satoshi.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Febo on November 27, 2015, 12:57:21 PM
I have .00000001 bitcoin. Will I be a millionaire by 2046?
What do you guys think?

I dont see any reason why you dont have more of Bitcoin right now. What stops you to have only this much, or better this little?


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: hdd3go on November 27, 2015, 01:40:23 PM
Oh,no, don't you think that is possible.
I believe it's pretty difficult the Bitcoin value get back to $1000 in few years.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Zaun on November 27, 2015, 02:17:40 PM
What do you guys think?
Thats expecting too much lol.I dont think this will happen because if 1 Satoshi would be worth a million dollar,then we need to split a Satoshi to spend it which means something like micro Satoshi.

Hahah yeah micro Satoshi well if one Sathoshi was 0.5 cent worth.

I think it will be good for the wrold to use that. If Satoshi becames the normal money.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: newcoins1978 on November 27, 2015, 02:40:22 PM
I think that you should keep dreaming and try to keep your dream alive.

Don't think this will happen but we can all dream right?

No, but seriously, if you want to be a millionaire by then you got work a bit more to reach your goal.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: n691309 on November 29, 2015, 03:01:05 PM
I lol'ed at the title. Also, to be old and milloinaire? What for? Unless we need money to buy some new bodies/brains. Unless you are 10-15 years old, then you are ok I guess.

By this i consider the faucets not millionaire but billionaire lol, we will check our posts after a year and maybe we will not laugh like we do today. Everything can be possible but just need time and must be patient.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: quadriple7 on November 29, 2015, 03:04:15 PM
of course you wont be a millionaire you need to have at least 1000 in my opinion


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on November 29, 2015, 03:26:40 PM
Its almost close to impossible to become a millionaire with 0.00000001 Bitcoins.
If the price of each bitcoin reach $100000000000000 you will be a millionaire.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on November 29, 2015, 03:35:06 PM
I don't think so.. You won't be a millionaire by 2046 with that...except if someone offers you to invest it to them with more than double your bitcoins every hour...  :D
LOL, Even known ponzi scams don't do that because they know its impossible to sustain at that rate.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on November 29, 2015, 03:44:56 PM

LOL, Even known ponzi scams don't do that because they know its impossible to sustain at that rate.


hahaha...and if ponzi scams do so, in 2046 your bitcoins were already gone... they only survive in few months...  :D
LOL, I have seen ponzi scams running for over a year. So even if you get lucky your going to survive a max of 1-2 years.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: maku on November 29, 2015, 03:49:31 PM
The most brutal and honest answer is: we don't know what will happen in the future with bitcoin. Bitcoin can be gone as far as I can tell. There can be some other revolutionary payment method introduced.
Or we will have government restrictions so huge that bitcoin won't survive or will be maimed to the point of uselessness.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on November 29, 2015, 03:52:01 PM
The most brutal and honest answer is: we don't know what will happen in the future with bitcoin. Bitcoin can be gone as far as I can tell. There can be some other revolutionary payment method introduced.
Or we will have government restrictions so huge that bitcoin won't survive or will be maimed to the point of uselessness.
The chances of bitcoin being banned by governments is not that high.
The only possibility is if an alternative payment method takes over bitcoin the price will collapse.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Nameless Coin on November 29, 2015, 05:32:13 PM
Well good luck to be a millionaire in 2046.

In real world you need maybe 50 -100 Bitcoin to be a millionair.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pa on November 29, 2015, 05:40:31 PM
The OP is obviously jehsting.  ;)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: bitcoin567 on November 29, 2015, 05:46:00 PM
sorry to tell that but you will most probably not be a millionaire


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Snail2 on November 29, 2015, 06:05:52 PM
Not sure about the millions but by 2046 you can probably get a quarter pounder with cheese and bag of french fries for that :).


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on November 29, 2015, 06:16:55 PM
Well good luck to be a millionaire in 2046.

In real world you need maybe 50 -100 Bitcoin to be a millionair.
100 Bitcoins to be a millionaire is a more realistic idea. 50 Bitcoins too might be worth millions by 2046 if bitcoin succeeds.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: chucuil on November 29, 2015, 06:17:24 PM
Not sure about the millions but by 2046 you can probably get a quarter pounder with cheese and bag of french fries for that :).

You'll also owe ~19 quarter pounders with cheese to the network in tx fee :)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on November 29, 2015, 06:20:47 PM
Not sure about the millions but by 2046 you can probably get a quarter pounder with cheese and bag of french fries for that :).

You'll also owe ~19 quarter pounders with cheese to the network in tx fee :)
I have spent a lot on bitcoin transaction fees. I think in a few years I might wonder why I paid such high fees to process my transaction.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: makingwin1 on November 29, 2015, 06:52:38 PM
its impossible to be a millionaire with that much bitcoins


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: ThunderThomas on November 29, 2015, 07:08:11 PM
You'll only become a millionaire if you keep that number of bitcoins growing. If you don't then it will be impossible for you to be a millionaire with .00000001 bitcoin


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Wilhelm on November 29, 2015, 07:34:37 PM
At one magnitude a year your .00000001BTC=$.000003 will turn into $3,000,000,000,000,000,000,000

So yes you will become a $3000-billion-billionair give or take  :P


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: maokoto on November 29, 2015, 08:38:33 PM
no because the whole economy market cap is in the range of Trillion, not even quadrillion, and even with quadrillion you have a tiny amount there

so if bitcoin will absorb every other money system out there you will not be rich

Exactly this. It is too few. Perhaps you could expect that satoshi to have the equivalent value of a dollar of today (which would be a wild raise). But not much more than that.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: ivanst776 on November 29, 2015, 08:47:40 PM
If most of bitcoins disappear or lost then the price of bitcoin will reach to the moon, and maybe at that time it would be hard to get a satoshi but i don't think that it will cost a million, ever.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Pab on November 29, 2015, 10:21:19 PM
Work more and you will be   satoshi bilionaire
will you still  alive by 2046  or will you take your  btc with  yourself


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: tn211 on November 30, 2015, 04:02:28 PM
Work more and you will be   satoshi bilionaire
will you still  alive by 2046  or will you take your  btc with  yourself

2046 hmm maybe I will be still a live I hope so.

LOL Satoshi billionaire is not possible I think in that year.

But who knows.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: bitcoin-hunter on December 01, 2015, 02:33:42 PM
What do you guys think?

I think that will happend if I am dead -.- because that won't happend. If that amount of bitcoin will bitcoin you can't be millionaire in that year.

Maybe if you do 24/7 faucets just maybe.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Hugroll on December 01, 2015, 02:45:37 PM
What do you guys think?
nope, not even close, for 0.00000001 to be worth 1 million dollars. 1 bitcoin would be worth 10000000000000 dollars. looool thats never gonna happen.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: CryptoBjorn on December 01, 2015, 02:58:01 PM
What do you guys think?
nope, not even close, for 0.00000001 to be worth 1 million dollars. 1 bitcoin would be worth 10000000000000 dollars. looool thats never gonna happen.


Lets say it will happen than we are rich :D WHAHAHA that is so funny if that happend than I will tell to my family it was worht of my time.

Man that is just a lot of money then.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: David Rabahy on December 01, 2015, 04:07:47 PM
Let's say a 2015 US dollar can buy a dozen eggs.  At the exchange rate today that's about BTC0.0028.  If Bitcoin goes to $1,000,000(2015)/BTC tomorrow like people dream about (and that dozen eggs still costs just $1(2015)) then that dozen eggs will effectively cost BTC0.000001=100 Satoshi.

If the US dollar inflation rate is severe and a 2046 US dollar is worth only 0.1% of a 2015 US dollar then the eggs will cost $1,000(2046).  If the Bitcoin exchange is unexpectedly/unlikely still $360(2046)/BTC then it would take BTC2.78 to buy the eggs in 2046.  If the exchange rate exactly matched the inflation then it would be $360,000(2046)/BTC and the eggs would be BTC0.0028.

If the Bitcoin exchange rate outperforms inflation and is worth $1,000,000(2015)/BTC that works out to $1,000,000,000(2046)/BTC which is well short of 1 Satoshi being worth $1,000,000.

To reach 1 Satoshi being worth $1,000,000(2046) we would have $100,000,000,000,000(2046)/BTC; if we constrain ourselves to a maximum exchange rate of $1,000,000(2015)/BTC then the US dollar inflation rate would have to be much much worse.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: jehst on December 01, 2015, 04:22:40 PM
Let's say a 2015 US dollar can buy a dozen eggs.  At the exchange rate today that's about BTC0.0028.  If Bitcoin goes to $1,000,000(2015)/BTC tomorrow like people dream about (and that dozen eggs still costs just $1(2015)) then that dozen eggs will effectively cost BTC0.000001=100 Satoshi.

If the US dollar inflation rate is severe and a 2046 US dollar is worth only 0.1% of a 2015 US dollar then the eggs will cost $1,000(2046).  If the Bitcoin exchange is unexpectedly/unlikely still $360(2046)/BTC then it would take BTC2.78 to buy the eggs in 2046.  If the exchange rate exactly matched the inflation then it would be $360,000(2046)/BTC and the eggs would be BTC0.0028.

If the Bitcoin exchange rate outperforms inflation and is worth $1,000,000(2015)/BTC that works out to $1,000,000,000(2046)/BTC which is well short of 1 Satoshi being worth $1,000,000.

To reach 1 Satoshi being worth $1,000,000(2046) we would have $100,000,000,000,000(2046)/BTC; if we constrain ourselves to a maximum exchange rate of $1,000,000(2015)/BTC then the US dollar inflation rate would have to be much much worse.

Thank you.

I officially declare this question answered and I, the op, satisfied.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: afbitcoins on December 02, 2015, 11:46:29 PM
Let's say a 2015 US dollar can buy a dozen eggs.  At the exchange rate today that's about BTC0.0028.  If Bitcoin goes to $1,000,000(2015)/BTC tomorrow like people dream about (and that dozen eggs still costs just $1(2015)) then that dozen eggs will effectively cost BTC0.000001=100 Satoshi.

If the US dollar inflation rate is severe and a 2046 US dollar is worth only 0.1% of a 2015 US dollar then the eggs will cost $1,000(2046).  If the Bitcoin exchange is unexpectedly/unlikely still $360(2046)/BTC then it would take BTC2.78 to buy the eggs in 2046.  If the exchange rate exactly matched the inflation then it would be $360,000(2046)/BTC and the eggs would be BTC0.0028.

If the Bitcoin exchange rate outperforms inflation and is worth $1,000,000(2015)/BTC that works out to $1,000,000,000(2046)/BTC which is well short of 1 Satoshi being worth $1,000,000.

To reach 1 Satoshi being worth $1,000,000(2046) we would have $100,000,000,000,000(2046)/BTC; if we constrain ourselves to a maximum exchange rate of $1,000,000(2015)/BTC then the US dollar inflation rate would have to be much much worse.

So that was a No ?


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: mladen00 on December 03, 2015, 07:38:05 AM
What do you guys think?

yes, if you're from Zimbabwe

Zimbabwe ($1 = 642,371,437,695, 221,000): We’re not sure what comes after trillions – zillions? Our experts tell us it’s actually quadrillions. Either way, it costs $35 million Zimbabwe dollars to buy an egg. If you plan to emigrate, maybe you should try for Somalia instead. At least they’re still on the charts.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: traderbit on December 03, 2015, 07:41:39 AM
It depends on what currency you want to be millionaire :P
For example being millionaire in USD currency is lots of work.
1 Million Vietnamese Dong equals to $44.5 which i think you can be Dong millionaire fast.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Newcoins2020 on December 03, 2015, 08:55:31 AM
It depends on what currency you want to be millionaire :P
For example being millionaire in USD currency is lots of work.
1 Million Vietnamese Dong equals to $44.5 which i think you can be Dong millionaire fast.

Hahahhaha omg a Dong Millionair that is so funny name. Wow! only for 44.5 dollar you can be a Dong millionair that is just a lot of money to Vietnamese then. Oh well I wish I could be a USD millionair :/


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: DuckKeeper on December 04, 2015, 01:17:18 PM
What do you guys think?

So you are saying that with my satoshi now I can be a millionaire in year 2046.

Than I will do a lot of faucets to be millionair and not working anymore.

That wouldn't happen that amount of money to be a million.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: ElpadroBitcoin on December 04, 2015, 01:29:47 PM
I don't think so, I don't see this happening.

Unless you start earning more bitcoins, I don't think you'll be a millionaire by 2046


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: ridery99 on December 04, 2015, 01:59:39 PM
No


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Hashminers on December 04, 2015, 03:20:15 PM
I don't think so, I don't see this happening.

Unless you start earning more bitcoins, I don't think you'll be a millionaire by 2046

Hahhah maybe not, if some one is gonna be millionair it will be me :P I will just do 24/7 faucets.

And maybe some signature campaign. We will see.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Amph on December 04, 2015, 03:38:37 PM
What do you guys think?

So you are saying that with my satoshi now I can be a millionaire in year 2046.

Than I will do a lot of faucets to be millionair and not working anymore.

That wouldn't happen that amount of money to be a million.

if you think about this it was the same at the beginning for bitcoin, bitcoin was worthless pretty much like a single satoshi is worthless, and there were many doing spamming faucets that were given a good amount in the past

now those people are semi-rich if they still have those coins


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: calkob on December 04, 2015, 04:43:41 PM
What do you guys think?

No but 60 off them might get you a Mars bar.

Disclaimer (other chocolate bars are available)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: randy8777 on December 04, 2015, 05:03:56 PM
I don't think so, I don't see this happening.

Unless you start earning more bitcoins, I don't think you'll be a millionaire by 2046

Hahhah maybe not, if some one is gonna be millionair it will be me :P I will just do 24/7 faucets.

And maybe some signature campaign. We will see.

all people with at least 1 satoshi will be millionaire then. and if you own at least 1 whole bitcoin, you will be the ultra new elite of rich people. great dream!


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: davinchi on December 05, 2015, 06:48:05 AM
I don't think so, I don't see this happening.

Unless you start earning more bitcoins, I don't think you'll be a millionaire by 2046

Hahhah maybe not, if some one is gonna be millionair it will be me :P I will just do 24/7 faucets.

And maybe some signature campaign. We will see.

all people with at least 1 satoshi will be millionaire then. and if you own at least 1 whole bitcoin, you will be the ultra new elite of rich people. great dream!

Yes that must be a dream. The most super case of bitcoin price speculation must be one satoshi may value to one dollar or even up to 10 dollars. But it may require another 15 to 20 years required to happen. May be after a century one satoshi may value 10k dollars.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Mometaskers on December 05, 2015, 07:45:39 AM
1 bitcoin could worth $8 million in today's money. 1 satosh is just $0.08. So you will not be a millionaire.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Cconvert2G36 on December 05, 2015, 07:50:30 AM
1 bitcoin could worth $8 million in today's money. 1 satosh is just $0.08. So you will not be a millionaire.

You do not consider if the price will raise. Or if dollar will do weimar jig. Maybe OP will not loose, but will have his millionairs.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on December 05, 2015, 08:22:18 AM
1 bitcoin could worth $8 million in today's money. 1 satosh is just $0.08. So you will not be a millionaire.

You do not consider if the price will raise. Or if dollar will do weimar jig. Maybe OP will not loose, but will have his millionairs.
The chance of OP being a millionaire is 0.000000000000000000001%. I would try my luck with such a chance rate.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Cconvert2G36 on December 05, 2015, 08:29:53 AM
1 bitcoin could worth $8 million in today's money. 1 satosh is just $0.08. So you will not be a millionaire.

You do not consider if the price will raise. Or if dollar will do weimar jig. Maybe OP will not loose, but will have his millionairs.
The chance of OP being a millionaire is 0.000000000000000000001%. I would try my luck with such a chance rate.

And trust your luck with such a chance rate you shall.

Bitmixer.io  ™ High Volume Bitcoin MIXER


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Proxiebuier on December 05, 2015, 08:30:01 AM
What do you guys think?

I doubt with 1 satoi you can reach be a millionare in 2046
i think $10.000 / 1 bitcoin is reachest rate, and you need $100 to be millionare in 2046


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: calkob on December 05, 2015, 08:35:25 AM


all people with at least 1 satoshi will be millionaire then.
[/quote]

Yes that must be a dream. The most super case of bitcoin price speculation must be one satoshi may value to one dollar or even up to 10 dollars. But it may require another 15 to 20 years required to happen. May be after a century one satoshi may value 10k dollars.
[/quote]

This is such an unrealistic goal,  if this were the case it could not even be used for day to day transactions without a change to the protocol to add more decimal places, which could be disastrous.  One satoshi needs to be at least equivalent to 1 cent or 1penny


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: calkob on December 05, 2015, 08:39:32 AM
What do you guys think?

I doubt with 1 satoi you can reach be a millionare in 2046
i think $10.000 / 1 bitcoin is reachest rate, and you need $100 to be millionare in 2046

I think you'll find that the definition of a millionaire is some one who has a £1,000,000.  Lol 😀


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: lixer on December 05, 2015, 10:39:10 AM
What do you guys think?

I doubt with 1 satoi you can reach be a millionare in 2046
i think $10.000 / 1 bitcoin is reachest rate, and you need $100 to be millionare in 2046

If only one satoshi costs one million in 2046 means, the market of cap of bitcoin must be the multiple of sum of gold and US dollars which is most likely impossible even after another 100 years. So, one satoshi is not enough to be millionaire in 2046 may be one full bitcoin will make people millionaire in 2046.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on December 05, 2015, 11:35:36 AM
What do you guys think?

I doubt with 1 satoi you can reach be a millionare in 2046
i think $10.000 / 1 bitcoin is reachest rate, and you need $100 to be millionare in 2046

If only one satoshi costs one million in 2046 means, the market of cap of bitcoin must be the multiple of sum of gold and US dollars which is most likely impossible even after another 100 years. So, one satoshi is not enough to be millionaire in 2046 may be one full bitcoin will make people millionaire in 2046.
1 satoshi will never be enough to make someone into a millionaire in 2046 or even by 2100. 1 Bitcoin might be more realistic.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Proxiebuier on December 05, 2015, 01:23:10 PM
What do you guys think?

I doubt with 1 satoi you can reach be a millionare in 2046
i think $10.000 / 1 bitcoin is reachest rate, and you need $100 to be millionare in 2046

If only one satoshi costs one million in 2046 means, the market of cap of bitcoin must be the multiple of sum of gold and US dollars which is most likely impossible even after another 100 years. So, one satoshi is not enough to be millionaire in 2046 may be one full bitcoin will make people millionaire in 2046.
agree with you 1satosi never enough to be millionaire
now iam trying to imagine about fee transaction,, if 1 satosi = $1m
so how much must i pay to send 1satosi  ???


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Wilhelm on December 05, 2015, 02:15:55 PM
so how much must i pay to send 1satosi  ???

A fraction of a satosi. Bitcoin can be divided more if needed. I believe it will require only the clients to support it.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Amph on December 05, 2015, 02:58:45 PM
so how much must i pay to send 1satosi  ???

A fraction of a satosi. Bitcoin can be divided more if needed. I believe it will require only the clients to support it.

it will require another hard fork likely, but this thing is not expected in the nar future so who care, and i believe we will never see 1 satoshi = 1M it's a wet dream that it will remain so


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: fravia on December 05, 2015, 05:40:58 PM
in my opinion it is most definitely impossible i mean that all people who have 1 bitcoin would then have 1*10^14 dollars thats more than insane and it is possible only if the price of dollar would go down million times there are no any other ways in my opinion


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: amiryaqot on December 05, 2015, 06:10:11 PM
That sounds unfair i don't believe 1 satoshi can reach to $1 Million by 2046 but maybe 1BTC has pretty good chance to reach at this level of price.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: maxhor on December 05, 2015, 07:28:55 PM
Everything can be happen into this crypto world but i am not sure about 1 satoshi can have this huge price in next 30 years.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Altynbekova on December 05, 2015, 07:32:50 PM
What do you guys think?

So you are saying that with my satoshi now I can be a millionaire in year 2046.

Than I will do a lot of faucets to be millionair and not working anymore.

That wouldn't happen that amount of money to be a million.

if you think about ti it was the same at the beginning for bitcoin, bitcoin was worthless pretty much like a single satoshi is worthless, and there were many doing spamming faucets that were given a good amount in the past

now those people are semi-rich if they still have those coins

Semi-rich good with me, I just hoped that I knew that early about bitcoin.

So that I could do a lot of faucets.

Than I could have today maybe 10K of bticoin worth. (Not only faucets of course)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on December 06, 2015, 06:09:23 AM
What do you guys think?

So you are saying that with my satoshi now I can be a millionaire in year 2046.

Than I will do a lot of faucets to be millionair and not working anymore.

That wouldn't happen that amount of money to be a million.

if you think about ti it was the same at the beginning for bitcoin, bitcoin was worthless pretty much like a single satoshi is worthless, and there were many doing spamming faucets that were given a good amount in the past

now those people are semi-rich if they still have those coins

Semi-rich good with me, I just hoped that I knew that early about bitcoin.

So that I could do a lot of faucets.

Than I could have today maybe 10K of bticoin worth. (Not only faucets of course)
There was a time when faucets paid 10 BTC every hour to its users. That's like $4k every hour from 1 faucet.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: zivone on December 06, 2015, 06:11:23 AM
Go on dreaming dude.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: bitraine on December 06, 2015, 07:23:48 AM
im starting to like this thread. coz, I only have 0.01 btc. keep on dreaming  man  :)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: P4ndoraBox7 on December 06, 2015, 07:25:39 AM
lol


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Callahan on December 14, 2015, 10:40:20 PM
Today, 0.001 is 0.04$
Maybe i could buy a beer in a few years


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Meuh6879 on December 14, 2015, 10:42:17 PM
What do you guys think?

Actual fee : 0,00005 BTC.

No, but perhaps ...  ;D at the end ...  8)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: lexuz on December 15, 2015, 01:52:09 AM
Everything can be happen into this crypto world but i am not sure about 1 satoshi can have this huge price in next 30 years.
Yeah, if bitcoin still being the most cryptocurrency but the problem i'm not sure bitcoin still being exist in next 30 years


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Pierre 2 on December 15, 2015, 07:48:46 AM
It is over market capacity and it will never happen.
I don't even believe 1 btc will be a million.
But I believe it may see like $50.000 dollars price.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Whosdaddy on December 15, 2015, 08:05:57 AM
It is over market capacity and it will never happen.
I don't even believe 1 btc will be a million.
But I believe it may see like $50.000 dollars price.

But I do speculate if bitcoin will be able to $50k levels, then what would be the hurdle to hit $1M levels. Just in it's own time it will reach $1M price levels also from $50k levels.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Hashminers on December 15, 2015, 09:50:42 AM
It is over market capacity and it will never happen.
I don't even believe 1 btc will be a million.
But I believe it may see like $50.000 dollars price.

But I do speculate if bitcoin will be able to $50k levels, then what would be the hurdle to hit $1M levels. Just in it's own time it will reach $1M price levels also from $50k levels.

Yeah if you say that it can reach 50.000 dollars than I think also that it wil readch 1 million the problem is that will just take a long time.
That won't happen in just one night it will just take time. I am just happy if bitcoin reach 5.000 dollars people like me that is just so much money. If you have bought bitcoin from 500 dollars that is just a huge profit.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Bayuu on December 15, 2015, 09:53:33 AM
Don't be ridiculous dude. You might have, say $10 worth of BTC but millionaire? I think that's impossible and a bit outrageous considering a) a satoshi is the lowest division of a coin(currently anyway) and b) everyone who owns any sum of BTC must have at least 1 satoshi, right?

Unless the USD becomes extremely hyper inflated, then you're basically asking that anybody that uses BTC will be a millionaire by 2046, which I think is impossible.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: crairezx20 on December 15, 2015, 01:39:46 PM
No it will never happen and its impossible. Maybe $1000 but this speculation it will never be happen..


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: randy8777 on December 15, 2015, 02:42:13 PM
No it will never happen and its impossible. Maybe $1000 but this speculation it will never be happen..


look at what you are writing. $1000 per satoshi? 100,000,000 units x $1000.... do you know what kind of value that will give to bitcoin?


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Loimu on December 15, 2015, 03:53:55 PM
Eh. Stupid thread. You will never be millionaire with one satoshi, at least not if measured in dollars.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Erkallys on December 15, 2015, 05:15:42 PM
Based on demand and supply principles, all the commodities may reach a stable price one day or other.
Once all the bitcoins will be mined out, I mean all the 21 million bitcoin are brought in use we may see a stable price. At the time bitcoin may value like this one satoshi=$1 or $10 or even $100.
By 2046 we will not complete the mining of all bitcoins. So, less chances for your predictions.

No, the value will continue to rise as long as people will want their piece of the cake, even if all the coins have been mined. There no theorical maximum value.

To OP : in the most optimistic scenario, your satoshi could be worth 1$ (and assuming that 1 BTC is worth 1 000 000$, which has a not so big probabilty to happen).


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Rizky Aditya on December 15, 2015, 09:00:14 PM
I think that that amount is a bit low for you to be a millionaire in 30 years. The fee by that time will be huge, wouldn't it?


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Erkallys on December 15, 2015, 09:34:58 PM
I think that that amount is a bit low for you to be a millionaire in 30 years. The fee by that time will be huge, wouldn't it?

No, fees will be highly reduced, like did in the past to keep the cost of a transaction below 0,10$.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: angaper on December 15, 2015, 09:54:03 PM
Even in the most optimistic scenario, where bitcoin arrives to one billion dollars, with one satoshi you only will have ten dollars mate. Fortunately you are in a good time to work hard for the next 30 years, perhaps you will have 31 satoshi then: $310 dollars  :D


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Monnt on December 15, 2015, 10:04:32 PM
Yes, you will be a millionaire.

Because fiat currency is going to be worthless in 2046 and 1 million dollars probably will only be worth like 1 cent in our standards :P


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: uki on December 15, 2015, 10:51:11 PM
Come on. Yet another topic on the same story. Let's switch to Zimbabwean Dollars, recognise that you are a millionaire already with all your BTC holdings you may have now, and let's not waste resources on yet another topic of that kind.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Mometaskers on January 12, 2016, 07:22:43 PM
Come on. Yet another topic on the same story. Let's switch to Zimbabwean Dollars, recognise that you are a millionaire already with all your BTC holdings you may have now, and let's not waste resources on yet another topic of that kind.

The assertion will be true if that is Zimbabwean Dollars, but not the US dollar.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: crairezx20 on January 12, 2016, 11:20:06 PM
Lol provably no for 1 satoshi you will be poor in the future maybe if you hold 80 bitcoins you be rich.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: btccashacc on January 12, 2016, 11:35:56 PM
yes, you will be millionare if that amount convert to the inflation currency like zimbabwe, actaully we're getting closer to the 2046 and iam not sure that amount would be worthy


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: oblivi on January 12, 2016, 11:48:45 PM
Please stop.

Threads like this are pretty funny to be frank. At some point it just makes me laugh. But to be serious about it, I would actually say that you may be a millonaire with 1 BTC by 2046, but 1 satoshi? Man, that's some funny shit.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: BitHodler on January 12, 2016, 11:54:12 PM
Please stop.

Threads like this are pretty funny to be frank. At some point it just makes me laugh. But to be serious about it, I would actually say that you may be a millonaire with 1 BTC by 2046, but 1 satoshi? Man, that's some funny shit.

Some threads are indeed funny but this thread is just pathetic. Millionaire with 1 satoshi... What do you think OP!!


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: bitcoinmar on January 12, 2016, 11:58:15 PM
Please stop.

Threads like this are pretty funny to be frank. At some point it just makes me laugh. But to be serious about it, I would actually say that you may be a millonaire with 1 BTC by 2046, but 1 satoshi? Man, that's some funny shit.

Some threads are indeed funny but this thread is just pathetic. Millionaire with 1 satoshi... What do you think OP!!
May be he is doing something funny more then Day Dreaming because its not going to happen even 2046 that 1 Satoshi holder could be Million air  ;)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: The Sceptical Chymist on January 13, 2016, 12:23:50 AM
You are a hero member, so I question why you'd start a topic like this which is going to be zombie-bait.  I have signatures blocked so I can't tell if you're wearing one or not.

And nah, you won't be a millionaire with a single satoshi.  2046 is a long time away and it's conceivable that btc won't even exist then.  It's possible mankind won't exist, either.   :'(


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Mometaskers on February 07, 2016, 10:31:28 AM
You are a hero member, so I question why you'd start a topic like this which is going to be zombie-bait.  I have signatures blocked so I can't tell if you're wearing one or not.

And nah, you won't be a millionaire with a single satoshi.  2046 is a long time away and it's conceivable that btc won't even exist then.  It's possible mankind won't exist, either.   :'(

I can tell you that the OP does not have signature campaign.

Is there any benefit for a signature campaigner to start a topic.

I do not think the price will be that high in 2046.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pissedoff on February 07, 2016, 10:35:04 AM
You are a hero member, so I question why you'd start a topic like this which is going to be zombie-bait.  I have signatures blocked so I can't tell if you're wearing one or not.

And nah, you won't be a millionaire with a single satoshi.  2046 is a long time away and it's conceivable that btc won't even exist then.  It's possible mankind won't exist, either.   :'(
Why are you wearing a signature yourself if you have blocked signatures in general? The OP is not wearing a signature.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Supercrypt on February 10, 2016, 06:33:21 AM
1 satoshi is really small, how could OP think that it is possible  to be a millionaire with it... this is so ridiculous..  :)
Yes one satoshi, is too small amount but OP mentioned for an example like how much one satoshi will worth by 2046.
I speculate one satoshi will worth some $10 to $25 by 2050. I say this considering the mining reward and user base of bitcoin in 2046.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: hasiramasenju on February 10, 2016, 02:46:50 PM
1 satoshi is really small, how could OP think that it is possible  to be a millionaire with it... this is so ridiculous..  :)
i guess OP was not thinking such that and might be he has just do a speculate but for 1 satoshi it's obviously would not be someone a millionaire in 2046


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: MaxTax on February 10, 2016, 03:12:44 PM
I think you can dream long with it.
Because I think it's not going to happen.
For bitcoin might not even exist at that time.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: richardsNY on February 10, 2016, 08:58:33 PM
Please stop.

Threads like this are pretty funny to be frank. At some point it just makes me laugh. But to be serious about it, I would actually say that you may be a millonaire with 1 BTC by 2046, but 1 satoshi? Man, that's some funny shit.

Some threads are indeed funny but this thread is just pathetic. Millionaire with 1 satoshi... What do you think OP!!

Exactly this. But some people are very serious when they open threads like these. They seriously believe it may be possible at some point in the future. Sad but true.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: trickshot22 on February 10, 2016, 09:01:02 PM
of course not, it is not possible, in order for you to become a millionaire you will need to have like a hundred bitcoins


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: romero121 on February 10, 2016, 09:53:38 PM
Yes you will be a millionaire by 2046 because the value of bitcoin rises else the value of dollar increases, So there are possibilities to be a millionaire by 2046 with just 0.00000001 bitcoin.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: AliceWonderMiscreations on February 11, 2016, 12:52:52 PM
Maybe, but you might not be able to afford a mayonnaise sandwich with your million dollars by then... 

Best response ever.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: vero on February 11, 2016, 01:16:29 PM
keep your dream,that's will never ever happen! 1 satoshi will never be enough to make someone become a millionaire!


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: randy8777 on February 11, 2016, 01:25:10 PM
keep your dream,that's will never ever happen! 1 satoshi will never be enough to make someone become a millionaire!

1 satoshi won't even become worth $0.10 at some point in the future, let alone $1 or even worse $1,000,000!! people should stop dreaming.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: martinacar on February 11, 2016, 05:25:20 PM
keep your dream,that's will never ever happen! 1 satoshi will never be enough to make someone become a millionaire!
I think frankly not. For it is in fact a really small amount.
And there is also a Bitcoins which can not even exist. So keep dreaming indeed.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: wikenpp on February 11, 2016, 08:11:45 PM
keep your dream,that's will never ever happen! 1 satoshi will never be enough to make someone become a millionaire!

I laugh at first sight, its never possible.
If it would be possible every bitcoin owner would be a billionaire.
You can laugh at this thread, so unrealistic.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Gloober on February 11, 2016, 08:20:50 PM
This is a joke. No way you'll be a millionaire by then. If you are, with that amount of btc, I will be a billionaire.
Which is not close to being possible just yet.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: LuckyYOU on February 11, 2016, 10:11:20 PM
In my opinion I think the bitcoin will not even be existing by this time.
There will be a other currency for a worldwide economy.
Of course this is my prediction but its possible,


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Vannterson on February 12, 2016, 12:00:52 PM
In my opinion I think the bitcoin will not even be existing by this time.
There will be a other currency for a worldwide economy.
Of course this is my prediction but its possible,

Yes indeed. I do not think it can happen. Because I think it may later go away.
You never know what happens in the future.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Bitcoinbro on February 12, 2016, 12:17:32 PM
In my opinion I think the bitcoin will not even be existing by this time.
There will be a other currency for a worldwide economy.
Of course this is my prediction but its possible,

Yes indeed. I do not think it can happen. Because I think it may later go away.
You never know what happens in the future.

The bitcoin will not exist anymore, but there will be another coin for sure.

The amount is to low to be a millionaire on any year of this planet.

Even if there will be another currency it will not happen.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: jmintuck02 on February 12, 2016, 10:55:32 PM
Maybe someday a million bitcoin will be worth a sandwich. A shit sandwich.

Speaking of shit sandwich, I nearl gave Ken, my old ex a shit sandwich, LULZ.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Herbert2020 on February 13, 2016, 01:47:30 PM
this is one of those dreamland topics.
i always say the high prices like $10,000 per bitcoin is unreachable even in future. now you want to become a millionaire by having 1 satoshi.
1 bitcoin should be worth 10e14 in order to have one million USD. i mean what the hell! who is going to pay that much for bitcoin.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: fruitcommander on February 13, 2016, 04:55:16 PM
Its difficult to predict at a moment that bitcoin will survive that long or not, and even if it survives, this value would not be that worth, I mean it cannot make you millionaire even if you wait till 2046.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: pereira4 on February 13, 2016, 04:55:59 PM
You have more chances at getting hit by an asteroid than being a millionaire with a satoshi by 2046 to be honest, but you have more chances to be a millionaire with 1 BTC by 2046, so that should encourage you to keep working in order to achieve at least 1 BTC for long term storage.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Watercooler on February 13, 2016, 05:01:45 PM
I will never happen, because when you would like to buy something you would have to pay at least 0.00001 as a fee, which would be
1 billion  ;)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: BTcSD on February 13, 2016, 05:04:25 PM
Maybe, but you might not be able to afford a mayonnaise sandwich with your million dollars by then... 

Best response ever.
i like this response . dreaming will stop at some point dear
But everything is possible
thanks


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: OrangeII on February 13, 2016, 07:15:25 PM
I think not, although the price of bitcoin reach 100,000 to 1 bitcoin at the time, you will never get rich with it .00000001 BTC. it is a very small number of friends.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: vendetahome on February 17, 2016, 07:38:51 PM
No you won't thats wayto less to be rich at 2046, know why? bitcoin may be deaqd at that time, so no need to think that far into future


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: diegz on February 19, 2016, 12:27:44 PM
1 Satoshi would always be 1 satoshi, and it is the smallest fraction of bitcoin..price might increase  in multiple times but it was still nearly impossible..   :)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Wexnident on February 26, 2016, 01:19:26 PM
1 Satoshi would always be 1 satoshi, and it is the smallest fraction of bitcoin..price might increase  in multiple times but it was still nearly impossible..   :)

Yes. In 30 years, the bitcoin price will not rise to $1 million each. it is too ambition target. No way to achieve.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: rekinthis on February 26, 2016, 06:24:42 PM
no you won't bitcoin won't rise so fast in 30 years, and even if it will, bitcoin may be dead at that time, but anyway i don't think, if you would have 10 bitcoinsthen maybe yes


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Zaun on February 26, 2016, 07:20:39 PM
1 Satoshi would always be 1 satoshi, and it is the smallest fraction of bitcoin..price might increase  in multiple times but it was still nearly impossible..   :)

Of course this is not possible its way too few, its even question if the bitcoin will still exist that year, I think its not to predict of course but I think by that year there is another digital currency on top for the global world.
The bitcoin can go to a high amount but this will so much, the amount your saying is just unrealistic.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: coinzat on February 26, 2016, 08:07:46 PM
No, I do not think that is possible except if fiat money become worthless then you will be a millionaire but not rich at the same time :D
You should think about holding much more amount of btc


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: jjoorriissjjuuhh on February 26, 2016, 08:20:07 PM
I honestly do not think it will happen but maybe if you believe hard enough it will haha!


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: CryptoBjorn on February 26, 2016, 10:11:28 PM
No this is just unrealistic, the bitcoin will not be worth so much to be a millionaire even in that year its not possible.
Also another question is that will the bitcoin even exist by that year, I do not think so if I'm honest, I think it will disappear at the end, there will come another digital currency for in the place of the bitcoin.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Cyaren on February 27, 2016, 03:12:22 AM
What do you guys think?

Definitely not. That is impossible...


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Mometaskers on March 03, 2016, 06:47:08 PM
If you think you can be a US dollar millionaire, it is impossible. The US dollar will not depreciate that much.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Bitcoinbro on March 03, 2016, 08:34:28 PM
No, I do not think that is possible except if fiat money become worthless then you will be a millionaire but not rich at the same time :D
You should think about holding much more amount of btc

Yes indeed, its impossible with the amount you want to be a millionaire, you will not come even close, far from the even.
I think you should invest much more bitcoins to do this, its the question if the bitcoin will still exist by that year.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: hayabusa911 on March 03, 2016, 08:52:20 PM
This thread gave me cancer...BUMP


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: martinacar on March 03, 2016, 08:55:37 PM
If you think you can be a US dollar millionaire, it is impossible. The US dollar will not depreciate that much.

Its not possible at all, the bitcoin will never get to such a high number, even the bitcoin will not go to a high number max is 10k for a btc in the future, and even that is not to predict.
I think its just a matter of time, you should need a lot more bitcoins to even get rich by the bitcoin because of the fact the bitcoin is now still low.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Wapinter on March 03, 2016, 09:00:28 PM
Everyone expecting Bitcoin to grow in value like hell but that is ridiculous to hope that 1 Satoshi will make someone billionaire.If that happens,we need to break up bitcoin to even smaller units like micro Satoshi or something like that


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Mometaskers on April 07, 2016, 07:12:12 PM
If you think you can be a US dollar millionaire, it is impossible. The US dollar will not depreciate that much.

Its not possible at all, the bitcoin will never get to such a high number, even the bitcoin will not go to a high number max is 10k for a btc in the future, and even that is not to predict.
I think its just a matter of time, you should need a lot more bitcoins to even get rich by the bitcoin because of the fact the bitcoin is now still low.

It is not possible in 2016, but it could be a millionaire by 2246. If the bitcoin price rise 10% a year.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: mixan on April 07, 2016, 07:56:45 PM
Invest that small amount of bitcoin into something then it will grow, don't settle to let bitcoin sit idle, especially such a small amount like that, that is pointless. Expand your horizons  ;)


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Piltover on April 07, 2016, 09:00:37 PM
No you would not be a millionaire I do not see this possible even if you had more in my opinion it would still be difficult.
I even think its the question if not another currency is already used by us all and the bitcoin has died, its all possible...


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: AsaroUk on April 08, 2016, 07:18:16 AM
No, I do not think that is possible except if fiat money become worthless then you will be a millionaire but not rich at the same time :D
You should think about holding much more amount of btc

Yes indeed, its impossible with the amount you want to be a millionaire, you will not come even close, far from the even.
I think you should invest much more bitcoins to do this, its the question if the bitcoin will still exist by that year.
You are all right, it is just a dream, you also can see now that the value of Bitcoin is not even rising and many people think that the value will not even rise after the halving and that is already not good.
You have to realize if you want to be a millionaire that you have to work really hard and that it is unpredictable that you wanna be a millionaire, you just need to be lucky.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: ShowOff on April 08, 2016, 07:59:41 AM
how many price of bitcoin to make someone be millionaire with only 1 satoshi ?  ;D but nothing wrong with dreaming, i wish i can be millionaire too if 1 satoshi is worth in future 


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Zaun on April 08, 2016, 08:40:19 AM
how many price of bitcoin to make someone be millionaire with only 1 satoshi ?  ;D but nothing wrong with dreaming, i wish i can be millionaire too if 1 satoshi is worth in future 

Well I think it would be a nice dream but it would of course never happen its just too much of course, this is just highly unlikely.
I think its a matter of time before the bitcoin is gonna rise but not to such an amount.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: romero121 on April 08, 2016, 03:09:28 PM
how many price of bitcoin to make someone be millionaire with only 1 satoshi ?&nbsp; ;D but nothing wrong with dreaming, i wish i can be millionaire too if 1 satoshi is worth in future&nbsp;

That's really not possible to be a millionaire with the quoted value. As said everyone has the right to dream, so dreaming about such a big achievement is really unrealistic.


Title: Re: I have .00000001 bitcoin. Will I be a millionaire by 2046?
Post by: Kollor on April 08, 2016, 03:17:15 PM
how many price of bitcoin to make someone be millionaire with only 1 satoshi ?&nbsp; ;D but nothing wrong with dreaming, i wish i can be millionaire too if 1 satoshi is worth in future&nbsp;

That's really not possible to be a millionaire with the quoted value. As said everyone has the right to dream, so dreaming about such a big achievement is really unrealistic.

Yeah, 1 Satoshi won't make you a millionaire, that's bonkers..As you say, that is too much dreaming...even a bitcoin won't reach that high even if it is widely spread all over the world ..
.