Title: One Satoshi = $1 trillion Post by: blatchcorn on June 03, 2014, 08:53:48 AM I think this is quite a realistic scenario - when will it happen?
Title: Re: One Satoshi = $1 trillion Post by: Bitbuy on June 03, 2014, 08:56:03 AM last night...it happened while you were sleeping, it only lasted 1 second though..
::) Title: Re: One Satoshi = $1 trillion Post by: piramida on June 03, 2014, 09:15:38 AM it already happened when bitcoin was created; 1 satoshi was worth all possible numbers in dollars at once. then it overflowed to zero, and started slowly rising.
Title: Re: One Satoshi = $1 trillion Post by: rohnearner on June 03, 2014, 09:19:26 AM haha why so pessimist..! one satoshi = Planet Earth
Title: Re: One Satoshi = $1 trillion Post by: frienemy on June 03, 2014, 09:24:23 AM haha why so pessimist..! one satoshi = Planet Earth Wohoooo, I'm an Earthionnaire! Title: Re: One Satoshi = $1 trillion Post by: rohnearner on June 03, 2014, 09:46:28 AM haha why so pessimist..! one satoshi = Planet Earth Wohoooo, I'm an Earthionnaire! Title: Re: One Satoshi = $1 trillion Post by: frienemy on June 03, 2014, 10:03:14 AM haha why so pessimist..! one satoshi = Planet Earth Wohoooo, I'm an Earthionnaire! You mean I'm not going to have millions of Earths? :'( How about Plutos? Title: Re: One Satoshi = $1 trillion Post by: piramida on June 03, 2014, 10:13:00 AM There are approximately 10^24 stars in the universe total, so by that count, 10^24 / (100000000 * 21000000) -> 1 satoshi can buy you 476 million stars. Buying in bulk, since most will have no inhabitable planets but I'm sure you can still use them for energy.
So buy yours before the closer ones are all taken! Would be sad owning 500 million stars and all of them million or more lightyears away :) PS I buy Sun and 475,999,999 crappy ones, just because I have nostalgic attachments to it and the location is good. Title: Re: One Satoshi = $1 trillion Post by: bitleif on June 03, 2014, 10:20:07 AM There are approximately 10^24 stars in the universe total, so by that count, 10^24 / (100000000 * 21000000) -> 1 satoshi can buy you 476 million stars. Buying in bulk, since most will have no inhabitable planets but I'm sure you can still use them for energy. So buy yours before the closer ones are all taken! Would be sad owning 500 million stars and all of them million or more lightyears away :) Location, location, location :) Title: Re: One Satoshi = $1 trillion Post by: okthen on June 03, 2014, 10:28:46 AM it already happened when bitcoin was created; 1 satoshi was worth all possible numbers in dollars at once. then it overflowed to zero, and started slowly rising. wow... bitcoin's own Big Bang! Title: Re: One Satoshi = $1 trillion Post by: piramida on June 03, 2014, 11:32:29 AM There are approximately 10^24 stars in the universe total, so by that count, 10^24 / (100000000 * 21000000) -> 1 satoshi can buy you 476 million stars. Buying in bulk, since most will have no inhabitable planets but I'm sure you can still use them for energy. So buy yours before the closer ones are all taken! Would be sad owning 500 million stars and all of them million or more lightyears away :) Location, location, location :) exactly, if I were a star realtor I'd pitch visibility from Earth as a super-luxury too (*) (*) restrictions and conditions apply; visibility from Earth may not imply bare eye visibility; special electronics, imagination and/or spacetravel might be required to observe; not guaranteed that what you see is what you get as actual state might differ from the visible state due to light speed limitations; contact your local star dealer for updated quotes Title: Re: One Satoshi = $1 trillion Post by: DolanDuck on June 03, 2014, 11:48:11 AM One Satoshi = $1 trillion maybe in your dreams ;D
Title: Re: One Satoshi = $1 trillion Post by: blatchcorn on June 03, 2014, 11:51:02 AM One Satoshi = $1 trillion maybe in your dreams ;D You are such a bear ;DTitle: Re: One Satoshi = $1 trillion Post by: spazzdla on June 03, 2014, 01:03:54 PM Hyperinflation says possible.
Title: Re: One Satoshi = $1 trillion Post by: zimmah on June 03, 2014, 01:11:52 PM There are approximately 10^24 stars in the universe total, so by that count, 10^24 / (100000000 * 21000000) -> 1 satoshi can buy you 476 million stars. Buying in bulk, since most will have no inhabitable planets but I'm sure you can still use them for energy. So buy yours before the closer ones are all taken! Would be sad owning 500 million stars and all of them million or more lightyears away :) PS I buy Sun and 475,999,999 crappy ones, just because I have nostalgic attachments to it and the location is good. Cool, I might be able to afford my very own galaxy! I should invest in a space armada..... Title: Re: One Satoshi = $1 trillion Post by: JimboToronto on June 03, 2014, 01:31:11 PM I think this is quite a realistic scenario - when will it happen? Assuming you mean when the dollar is worth almost zero, when is anyone's guess. Of course if the dollar ever becomes totally worthless, a satoshi will be worth a lot more than $1t. Its dollar value will be infinite. For the foreseeable future though, I'd be happy for a satoshi to be worth a penny. Title: Re: One Satoshi = $1 trillion Post by: medicine on June 03, 2014, 02:46:41 PM This is candidate for the silliest thread I have every read on here. And I'm posting in this turd. BTC
Title: Re: One Satoshi = $1 trillion Post by: spazzdla on June 03, 2014, 02:52:33 PM This is candidate for the silliest thread I have every read on here. And I'm posting in this turd. BTC Actually... one satoshi has like a 99.999999999% chance of becoming worth 1T.. the dollar is worth less every day.. it's followed that trend for over 100 years.. there is no reason to believe it will stop. EVENTUALLY, 1 satoshi will be worth 1T unless the USD competely collapses before then. Title: Re: One Satoshi = $1 trillion Post by: Cryptocure on June 03, 2014, 04:15:26 PM This is candidate for the silliest thread I have every read on here. And I'm posting in this turd. BTC Actually... one satoshi has like a 99.999999999% chance of becoming worth 1T.. the dollar is worth less every day.. it's followed that trend for over 100 years.. there is no reason to believe it will stop. EVENTUALLY, 1 satoshi will be worth 1T unless the USD competely collapses before then. OR unless Bitcoin's value plummets to zero before the USD (not saying it's likely to happen, but the possibility always exists) Title: Re: One Satoshi = $1 trillion Post by: Pente on June 03, 2014, 07:29:05 PM I think this is quite a realistic scenario - when will it happen? By the year 2100. At that point a loaf of bread will cost around $100 trillion dollars. So that trillion dollars will be equal to a penny today. I expect a satoshi to be worth over a penny (today's value) within two decades. In fact, I think there is a 50/50 chance that a single bitcoin will be worth over a million dollars by the year 2020. Mining would then be a $657 billion dollar operation (365*24*6*12.5* $1 million), which would still be less than the cost of running the old fiat empire after you factor in losses due to inflation. Title: Re: One Satoshi = $1 trillion Post by: Wilhelm on June 03, 2014, 08:40:04 PM We already passed the 1 trillion zim dollar :P
Title: Re: One Satoshi = $1 trillion Post by: Skele on June 03, 2014, 09:51:09 PM I think this is quite a realistic scenario - when will it happen? By the year 2100. At that point a loaf of bread will cost around $100 trillion dollars. So that trillion dollars will be equal to a penny today. I expect a satoshi to be worth over a penny (today's value) within two decades. In fact, I think there is a 50/50 chance that a single bitcoin will be worth over a million dollars by the year 2020. Mining would then be a $657 billion dollar operation (365*24*6*12.5* $1 million), which would still be less than the cost of running the old fiat empire after you factor in losses due to inflation. We will have a great bitcoin jump in 2016 when bitcoin halves again, it will double its price at least to maintain mining operations Title: Re: One Satoshi = $1 trillion Post by: nickenburg on June 03, 2014, 09:57:51 PM haha that would be crazy maybe in 200 years or longer.
I would be happy if 1 satoshi hits 0.50$-1.00$. And you are going really far with this speculation. And that would be really hard to pay with bitcoins then, because cant divide a satoshi. Title: Re: One Satoshi = $1 trillion Post by: Wilhelm on June 03, 2014, 11:00:37 PM haha that would be crazy maybe in 200 years or longer. I would be happy if 1 satoshi hits 0.50$-1.00$. And you are going really far with this speculation. And that would be really hard to pay with bitcoins then, because cant divide a satoshi. WRONG: Yes you can divide satoshi. A small update in the client will make a trillionth of a satoshi possible. Division of bitcoin is just a clientside limitation. https://en.bitcoin.it/wiki/FAQ One exception is the "satoshi" which is smallest denomination currently possible. Title: Re: One Satoshi = $1 trillion Post by: spazzdla on June 04, 2014, 06:20:54 PM haha that would be crazy maybe in 200 years or longer. I would be happy if 1 satoshi hits 0.50$-1.00$. And you are going really far with this speculation. And that would be really hard to pay with bitcoins then, because cant divide a satoshi. WRONG: Yes you can divide satoshi. A small update in the client will make a trillionth of a satoshi possible. Division of bitcoin is just a clientside limitation. https://en.bitcoin.it/wiki/FAQ One exception is the "satoshi" which is smallest denomination currently possible. .. really now.. This is very interesting.. very interesting... This increases my love for BTC and dwindles my love of altcoins.. Title: Re: One Satoshi = $1 trillion Post by: jjc326 on June 04, 2014, 07:04:57 PM This is candidate for the silliest thread I have every read on here. And I'm posting in this turd. BTC Actually... one satoshi has like a 99.999999999% chance of becoming worth 1T.. the dollar is worth less every day.. it's followed that trend for over 100 years.. there is no reason to believe it will stop. EVENTUALLY, 1 satoshi will be worth 1T unless the USD competely collapses before then. OR unless Bitcoin's value plummets to zero before the USD (not saying it's likely to happen, but the possibility always exists) haha yes after infinite time, if BTC SURVIVES ( a big if) then it should become worth a trillion per satoshi. But of course, a trillion will only buy you a roll of TP. Title: Re: One Satoshi = $1 trillion Post by: Le Happy Merchant on June 04, 2014, 07:36:30 PM If given the choice between a penny (more than a gram of copper before 1980, and about a gram of zinc and a bit of copper after 1980) and a single satoshi, I think I would rather have a castle made of all the pennies, than the satoshis.
I would still want to hold some BTC. Title: Re: One Satoshi = $1 trillion Post by: K128kevin2 on June 04, 2014, 07:37:37 PM Forget trillions, that is pessimistic. They are going to be worth BILLIONS!
https://www.youtube.com/watch?v=-vohNUTTx3A Title: Re: One Satoshi = $1 trillion Post by: nickenburg on June 04, 2014, 10:06:42 PM haha that would be crazy maybe in 200 years or longer. I would be happy if 1 satoshi hits 0.50$-1.00$. And you are going really far with this speculation. And that would be really hard to pay with bitcoins then, because cant divide a satoshi. WRONG: Yes you can divide satoshi. A small update in the client will make a trillionth of a satoshi possible. Division of bitcoin is just a clientside limitation. https://en.bitcoin.it/wiki/FAQ One exception is the "satoshi" which is smallest denomination currently possible. What that is indeed something new about bitcoin I learned today, Thanks man! Well maybe one day in the future if the price of 1 satoshi is gettin to damn high ;D We could always have 1 satoshi devided in to smaller satoshi's, that's sick. Maybe this op is right, and 1 satoshi will be worth alot. Title: Re: One Satoshi = $1 trillion Post by: zimmah on June 05, 2014, 09:16:53 AM If given the choice between a penny (more than a gram of copper before 1980, and about a gram of zinc and a bit of copper after 1980) and a single satoshi, I think I would rather have a castle made of all the pennies, than the satoshis. I would still want to hold some BTC. Hmm, a castle made of pennies. That would be interesting. Invite me over for dinner once you have one, I'd like too see how it looks. Title: Re: One Satoshi = $1 trillion Post by: amitrwt on June 05, 2014, 09:20:48 AM If given the choice between a penny (more than a gram of copper before 1980, and about a gram of zinc and a bit of copper after 1980) and a single satoshi, I think I would rather have a castle made of all the pennies, than the satoshis. If you want to make castle and you have only two choices either make it using Pennies or Satoshis ..! its obvious you'll choose Pennies because I can't imagine how one can build something physically tangible using satoshis ? sounds totally absurd. I would still want to hold some BTC. Title: Re: One Satoshi = $1 trillion Post by: porcupine87 on June 05, 2014, 09:44:38 AM This is candidate for the silliest thread I have every read on here. And I'm posting in this turd. BTC Actually... one satoshi has like a 99.999999999% chance of becoming worth 1T.. the dollar is worth less every day.. it's followed that trend for over 100 years.. there is no reason to believe it will stop. EVENTUALLY, 1 satoshi will be worth 1T unless the USD competely collapses before then. true. The dollar loses 2% every year. At this time one satoshi is worth $0.0000065. To get 1 000 000 000 000 dollar this takes how many years? $0.0000065*1,02^x = 1 000 000 000 000. -> 1997 years. Title: Re: One Satoshi = $1 trillion Post by: Wekkel on June 05, 2014, 04:34:18 PM Perhaps I will reach a trillion Mooncoins, but BTC.... ???
Title: Re: One Satoshi = $1 trillion Post by: Carra23 on June 05, 2014, 06:52:25 PM I think this is quite a realistic scenario - when will it happen? It will only happen when dollar is useless. Then it will does not matter ;D Title: Re: One Satoshi = $1 trillion Post by: Benjig on June 06, 2014, 04:56:46 AM I think this is quite a realistic scenario - when will it happen? It will only happen when dollar is useless. Then it will does not matter ;D 1 satoshi = all the gold in the earth, this is quite realistic in the future, lets say we discover more planets with tons of gold but we cant make more btcs Title: Re: One Satoshi = $1 trillion Post by: ShakyhandsBTCer on June 14, 2014, 09:28:47 PM I think this is quite a realistic scenario - when will it happen? It will only happen when dollar is useless. Then it will does not matter ;D 1 satoshi = all the gold in the earth, this is quite realistic in the future, lets say we discover more planets with tons of gold but we cant make more btcs The US would need to have several decades of the economic leadership of the Obama administration for this to happen |