Bitcoin Forum

Nowaday the bitcoin awearness is fastly spread. and every one demand for bitcoin. I think   After 10 years one satoshi will be equal to one dollar am i right ?

Well it can happen much earlier than that, do you remember mcafee's claim about bitcoin price? the thing is if btc see massive use and adoption then price will skyrocket due to low supply.

NO never! Think about them mining fees if 1 satoshi ever becomes 1$.
I would really hate to pay more than 1$ for sending few bucks.

You won't be able to send less than 1$ in bitcoins either.The least transferable value will be 1$! Don't hope for such a thing, unless you want bitcoins to die.
But maybe bitcoins can overtake fiat as a currency and then maybe 1 satoshi=1$.We will only talk in bitcoins, no USD,Yen,rupee.
But what good conversions will be? XD

For 1 satoshi to equal 1 dollar, the total market cap of Bitcoin alone (never mind the rest of the market) would be 2,100 trillion dollars, which is more than 20x the GDP of the entire world. The only way it could ever happen is with collapse of the US and hyperinflation of the dollar.

Ehh I personally think it will take longer than 10 years. Though it's very possible, don't forget that the government is always chasing after our asses. There's always a possibility for bans and stuff, effectively lowering demand.

Again, I'm not saying that McAfee's prediction is impossible, but you get my point. Also, McAfee is a nutjob.

Those optimistic predictions are equally exaggerated that those that claim that bitcion will be worth zero , $10000 for any bitcoin sounds more realistic to me

Maybe even faster if everything will go well for bitcoin. Do you ready to hold your founds till that?  :D
I generally like positive predictions about bitcoin, but do not forget that the government can ruine everything in couple of steps.

Everything is possible and maybe 1 Satoshi will be  equal to 1 Dollar  before 10 years

Lol, no its impossible... What about the mining fees ? If the smaller unit of bitcoin is 1 dollar, how can you make a transaction for 1$ ? In btc like in fiat, we need centimes. And anyway, I don't think the market capitalization will go that far.

Why look 10 years ahead if the crypto currency market is not so predictable and depends on many factors. In the future there can be anything, and I hope that the popularity of bitcoin and altcoin will only grow.

Yeah there's a high possibility though we can't yet believe it totally.Bitcoin is gaining popularity and many new investors are increasing day by day.So yeah maybe after 10 years we all bitcoin holders including you and me we became billionaires roaming in Lambhorgini with hot girls....lol.

No, you are wrong. Because when it happens, you will not be able to denominate fractions of dollars, like say 5 cents. So one satoshi (as the smallest part of bitcoin) may be equal to one cent one day, but it will not happen soon either. Because if it happened one bitcoin would be worth 1 million dollars and this is still a far away future.

It is definitely possible. Bitcoin has been getting a lot of attention recently. A lot of new investors are buying bitcoin and the number is increasing day by day. It will certainly take a decade.

It isn't impossible but in the current situation of bitcoin and crypto currency it does have a long way to goThis is a very good point for this to happen.

    I think it is possible to happen that 1satoshi will be equivalent to 1 dollar someday but maybe it is difficult to earn thousands satoshi that time. Because if the value of satoshi increase there is also a changes on how many satoshi you can collect and earn every. For example in a faucet,if you got 10 satoshi every 5minutes now,maybe it will change to 1satoshi every 5minutes if the equivalent of 1satoshi is 1dollar.

I don't think we could reach such a high value (1 dollar a satoshi means bitcoin is worth 100M$), unless usd loses a lot of value (but then the bread at the baker's will cost 1k$).
More realistic (but still optimist) value would be 1 satoshi = 1 usd cent.

A Boeing 747 jumbo plane costs $300,000,000. A luxury house costs $1,000,000 to $25,000,000

How will 21,000,000 Bitcoins only be used worldwide when $1 = 1 Bitcoin ?

it can happen. saw developments in the world of crypto currencies, rapidly growing around the world. this supports bitcoin getting in the value of people. so when the bitcoin stock is running out and more and more demand. will support 1 satoshi = 1 $, and in my opinion it will come true

As Bitcoin develops so rapidly, countries legalize it and Segwit has been already implemented - why not?

Man, did you ever read other post before posting your own? Above, o_e_l_e_o gave a great explanation on why not: