Bitcoin Forum

At some point in time, people will use every day satoshis as a unit of currency in order to buy things like vegetables, groceries in general.

Satoshis will become the new money standard in people's daily life. Thanks to the scarce 21 million BTC as a maximum supply of this blockchain.

The more the whole bitcoin unit keeps expanding its price, the more value a satoshi also will have. We can see this happening already with some mining companies, crypto casinos, bitcoin faucets providing each week fewer satoshis as a reward, and also we see people working for satoshis, in order to increase their satoshis/bitcoin balance!

1BTC = 100,000,000 satoshis

It will be $100,000,000 = 1BTC

It is gotta be a long journey until we will see that time happens.

Is that why there are milli-sats in the Lightning Network? 8)


OP, that's the dream/goal, but the price shouldn't be all important. The price should only be as a way to compare value.

If this happen John Mcafee will be so proud that it reaches 1 million dollar per Bitcoin but I doubt John Mcafee will ever to see this price happen or even people of this generation, the most that I can see of Bitcoin Price in my lifetime could be $200 k but it could happen 30 to 40  years from now.

It depends, it might happen also far faster than some people imagine but with a twist.
That twist being 100 million $ barely being able to buy you a car or a one-bedroom apartment :D


Neah, even if it BTC will skyrocket in value you won't be seeing everybody dealing with bitcoin on a daily basis.
It's been half a century since we have credit cards and they are not that widespread, let's not even talk about mobile phones who are way different in terms of utility.

But it's amusing, bitcoin goes over 10k, those topics again start popping up like mushrooms after rain, a few months ago when we were experiencing a dump nobody was saying such things.




 

We are talking big here and it requires time, maybe on the next era of this world but not in the next decade or so. In our market, i see fiat money is still more convenient and if you ask them if they know bitcoin or dollar, then they will probably choose dollar. Bitcoin is a new financial platform that gives us more confident to control our own money, the adoption will still happen slowly but surely, but we have to admit that bitcoin can’t replace fiat money and can’t force people to use it.

A 100 million dollar Bitcoin would say an awful lot more about the risible failure of the dollar than the success of Bitcoin.

Due to inflation it'll happen some day regardless presuming BTC remains alive, but if it happens in the near future it won't make for a pretty sight.

It could be in the future but, I think, it would take long time for the value of Bitcoin to reach that price. Realistically, it is hardly possible, a satoshi in the present can't be compared in a dollar, taking tens of thousands of satoshi for a bucks.

Anyways, future is always full of surprises and uncompromises, who would have thought maybe crypto currency platform would become a more valuable asset in the next years.

If science makes a couple of breakthroughs, at the level of the discovery of antibiotics, then perhaps one of us will be able, in theory, to see such a price.
The main question is, is if 1 bitcoin worth $ 100 million, then how much will 1 burger cost at that time in dollars? ten? fifty? 100? 1000?

It sounds vastly unrealistic! If Satoshi value reaches to that level and if the world mass starts using bitcoin for their daily use - just imagine the number of transactions the network will have to handle! At the current state, bitcoin network is simply not capable of handling such volume! I am not being pessimistic here but realistically thinking the situation!

Someday? It can be today! Anyone can buy 1 satoshi from me for a dollar!

Yep--and I wouldn't say it's out of the question that bitcoin could hit $100mil but that isn't likely to happen in our lifetimes, and it would certainly depend on bitcoin's prospects for long-term survival.  There's no guarantee that bitcoin is even going to exist 10-50 years from now, nor that it's going to keep increasing in value.

I'd be ecstatic if bitcoin got to $15k this year and maybe back to its ATH at some point next year.  I'm not going to hold my breath for the whole 1 sat=$1 thing, because I think that's a pipe dream.

You beat me to saying that!

In any event, as one person has already pointed out the Lightning Network deals in fractions of a satoshi.  Some exchanges are already permitting trading to occur to on hundredth of a satoshi in bitcoin (as opposed to other alts) - the eight decimal places can shift one way or the other with consensus.  I suspect Satoshi created eight decimal places to enable users to get used to having such small fractions, but envisaged even smaller units would follow wide acceptance.

Twenty-one Million Bitcoins Divided by Seven billion people is roughly BTC 0.003 for every person on the planet.

A while ago there was a 21 BitCoin Club being one-millionth of the total number of BitCoins that will become available.  I'm not even sure it still exists (they may have cashed in already).

Why don't you make some simple calculations before posting such outlandish claims? If the exchange rate climbs to $1 per Satoshi (or $100 million per BTC), then the total market capitalization of Bitcoin would be $1,800 trillion. The current global wealth is estimated at somewhere between $250 trillion and $300 trillion. Now you are claiming that the market cap of Bitcoin would be 6 times the global wealth.

And what would happen to fiat currencies? Will they cease to exist? Or will they coexist along side BTC?

I'm 120% sure that the governments around the world, bankers, and pretty much the world economy, will never let that happen. If you need someone to explain to you why exactly a centralized cryptocurrency won't ever become a global currency, you need to read a bit more.

Well, since it's price will keep going up, doesn't it mean that BTC can be a profitable long-term investment? If so, wouldn't this outweigh the need of wanting to spend your precious satoshis?  ::)  

IMO majority of peple (crypto newcomers, regular folks, the average joe) will only look at BTC as an invesment rather than a medium of exchange (unless something drastic happens like retailers accepting btc as payment, but that's another debate). This isn't exactly what BTC was created for but it is what it is.

And?
What might be the problem?


Now, if the US goes the same way as Zimbabwe, 1,8 trillion is nothing.
Or Venezuela style where 1 bolivar forte is 100,000,000 old bolivars (like satoshi) but it still takes 250k to make a $.
Of course, if that would happen we would all be f%$ that bad bitcoin would be irrelevant compared to the global economic disaster happening.

Yeah, 1 sat = $1 and it will lead to anarchy. Whales who are holding 1000+ BTC will easily pay 1000 sats fees to confirm their transactions first. For them it would be just 0.000001% of their wealth. But what about late comers? They have to spend $1000 to send bitcoins. This will lead to complete breakdown of system. No body will be able to use bitcoin in routine, let alone the dream of buying coffee with bitcoin.

OHYA that's big.  Its very possible. The adoption of of mobiles phones where we can assume everyone has wallets that works like Swiss banks, the price spike rate may be faster. 21M BTC is not enough for all the people in the world seeing some individuals today has more than 100K BTC in their wallets whiles some of us only have about 0.05 BTC as part of their retirement plan.

 The moment satoshi becomes 1 dollar (which might happen of course) there will be people using bitcoin everywhere, and I mean literally everywhere. In order for 1 satoshi to be equal to one dollar the price of per bitcoin has to be insane, that could only happen if people around the world all together starts to see bitcoin as a payment. And I don't mean like "oh a card company in japan that accepted in 260k stores just listed bitcoin as a payment" type of deal, I mean literally accepting bitcoin just like they accept cash, that type of adoption. We can be assured that something like that will not happen anytime soon, maybe one day it will happen but it will take a long time for it to happen, at least a decade long adoption increase could potentially reach us to that level.

Which means that the market cap would be $2×10¹⁵. This world doesn't have that much goods and services to support that market cap. We should try to stay realistic even in our dreams. Unless a hyperinflation happens, one satoshi will never be equal to 1 USD. And I wouldn't wait for a global economic crisis just to see 1 BTC at $100,000,000. I'd rather have $10k at the current conditions.

Even if BTC would be used everywhere, it wouldn't possibly reach $100M.

According to rankred (https://www.rankred.com/how-much-money-is-there-in-the-world/), there is about.. say approximately $40 trillion in the world, including physical and virtual fiat. $2.1 quadrillion is just too much and is most likely only possible in a Hungarian pengo-like situation of fiat inflation.

At that point, you could literally use dollar bills to wipe your ass. It would be worthless (it already is, but whatever)..

Maybe or maybe not, but maybe is possible in 20 years who know it.

OP, this topic is about speculation, not economics. People could speculate whatever price level they want; however, it is important to write about how you come up with the conclusion. Why? What's the reason? What has to happen?

I think 1 Satoshi equal to 1 USD can only happen if the USD becomes worthless.

I've reported this thread. Let's see what happens.

How about 1 satoshi for a bus ride.
That will be better right?
Trying to convert it to USD just make me feel like it will always be the same thing until people find another option which is almost like bitcoin or better.
Worse, it is like we are talking bitcoin as the likeness of gold getting value for every chip of it. Which I don't think we will like at the end.
It will just be a store of value all over again.

It is possible but I agree that it would really be long journey from now.
To be honest I don't think that it would happen even in the next couple of decades.
Just think about what would happen in the market when that time comes?
I think it would be the highest price that it could get.

Yeah, I'm not one for hyperbole and fantasies set in a far off universe and time but I actually have not dismissed this reality as well. I come from a place that only got electricity and telephones in the 1990s but my parents, as close as possible to how you'd describe baby boomers are, today are already using digital money to pay for coffee and vegetables at the wet market with their phones. They may not be able to use Bitcoin yet, at least not the way I use it, and I won't expect them to, but if this is the development in money we're seeing after 30 years, I have little reason to doubt bitcoin will achieve ease of use beyond that in my lifetime.

I may be too old to enjoy $1 satoshi though, but I'm hoping to see 1 cent satoshi before my knees go!

Quite a lot of people around here share that opinion. Another subtle sign that Bitcoin has massive upside potential. Even most of the believers think the gains are really limited.

Due to Bitcoin's utter scarcity, we could reach some pretty insane valuations, if only for a limited period of time in a blow-off top. (https://www.investopedia.com/terms/b/blowofftop.asp) People tend to dismiss the idea of $1 million BTC because that would mean, for example, triple the market cap of gold. In truth, market cap is mostly irrelevant. It's all about market liquidity (or lack thereof).

On what basis, you are setting a target at $200k ? Just because of current ATH is $20k ? It means you just expect another 10x growth and then bitcoin will remain stable without growing in value? You must be 200% wrong by considering how much adoption potential remaining world wide and how much investments bitcoin may attract in coming years.

One million dollar per bitcoin might be possible in 2021 or within 2022. Similar what OP is dreaming may happen within this decade or at least by the beginning of next decade.

Probably that would be the biggest success of bitcoin and its investors, and I don't know if I can still hold that long, I might be tempted to sell before that price will come but if that would really happen maybe people are already adopting in bitcoin and they are not using fiat anymore.

Funny, I see a lot of people having high expectations about bitcoin (I also have high expectations about bitcoin). but we cannot exaggerate. We have to think that in the future there may also be other competitors for bitcoin. We also have to think that in the future people can do the unthinkable: be more interested in altcoin than bitcoin. So we are comfortable thinking that in the future only bitcoin will attract people's attention so that the price will be 1 satoshi =  $1 may be a mistake

Each day that passes where Bitcoin isn't replaced in the affections of the people makes the likelihood of it happening recede ever further.

No one is building Feathercoin futures.

Newcomers sit where they're told and Bitcoin is where it'll be as far as I can tell.

Impossible? I guess that is not impossible because that can happen in the future if all countries use bitcoin, and they agree to make bitcoin as one currency for all countries. But I don't know if that will happen for sure or not because we don't know what will happen in the future. But if it happens, then people who have bitcoin although it is small satoshi, they will be a rich person in their city ;D

Atleast he believes that  ;D but seriously we cannot expect that to be happen since it's nearly close to impossible that we get on that $200k figure nor any bigger than that since we cannot assure that we can get a global mass adoption nor reach to the youngest to the oldest generation acceptance since bitcoin still uncontrolled by anyone since the creator is no where to found, but I wonder if Satoshi will be traced up or show maybe he will like to have legal entities to regulate this to became legal globally.

But for now let's stay on the current or nearest figures.

Satoshi is a smallest part of bitcoin. If you are having these huge expectations from satoshi than can you imagine the price of bitcoins in the coming future. Also, I do agree with you that satoshi might be used as a medium to pay at local shops like vegetable store, etc but have you ever imagined how would you pay the fees for each and every transaction?

Currently for transacting bitcoins we need to pay fees via satoshi and if we are using satoshi to make a payment than how could we pay the fees? It won't get profitable transacting with satoshi for lower amount trades like if we are buying vegetables worth $5 than how many satoshi would we need to pay the fees? Maybe 5 - 10 satoshi? This would never make transacting with satoshi profitable.

Hi, What do you mean by "No one is building Feathercoin futures"?

It is great to see that old coin being quoted here and there like in the last Gemini Man movie with Will Smith.
There will be a Feathercoin future for sure.

A lot more USD will need to be printed for that.  But yes is possible. Eventually Central banks will print just to buy Bitcoin.

Actually price for bitcoins should reach above $100,000,000 in order for us to see satoshi at $1 as we all know satoshi is one hundred millionth of bitcoin. Expecting such huge price for bitcoins might not be that good because it might take years or maybe even decades to reach that price. This huge pump might also make a lot of altcoins achieve great heights and altcoins posses more properties than bitcoins to be used as a medium for payments.

There are some altcoins which are originated as a mean of payment similar to XRP and they might take the throne from bitcoins in the coming future if ever prices for each of the cryptocurrencies are sky rocketing.

Yeah, I mean, it's not even a question of how BTC is doing currently, but rather of who is supporting it, or what team is behind it, to be more precise. If Mercedes-Benz were still producing same automobiles Karl Benz built in 1885

https://i.imgur.com/Yv15xRL.jpg

they would hardly be selling hundreds of thousands cars worldwide, each year, currently. Same goes for BTC. It has been evolving all the time, with a great team of developers behind it. Maybe in 100 years, the Bitcoin we know today will make the same impression as the first car in comparison with modern ones, but it still will be called Bitcoin.

Possible and probable are very different words. 1 million dollars per bitcoin could happen in an hour, it is technically "possible", I mean can anyone say that it is impossible? What would happen if warren buffet, jeff bezos and bill gates all came together and used all of their available money to buy bitcoins? What would happen if countries pass a law and start to have a crypto reserve as well tomorrow and buy billions themselves as well? None of these make any sense at all and we know it won't happen but the "technical possibility" is there.

However, nobody expects bitcoin to go up that much this quickly since the adoption is not that high yet. Sure we can see 100k, 200k, 1million or even higher "one day" but it is not going to be suddenly tomorrow, it is going to take years before it happens.

Yes at this time it looks unrealistic.

Perhaps before we go that far in comparison the best way to put it is to say when 1 satoshi reaches the price of $0.01 dollar; then that would be 1 bitcoin = 1,000,000 which is closer than $1 dollar for sats, in terms of time.

And Lightning network is something that will help to handle a lot of tx per second.

It wont really be enough yet there would be inequality in terms of overall supply of BTC.If demand is high then we might see big numbers but im not really into that hopes of 100M/Coin.
Its just too unrealistic even if im bullish with btc but it wont really come into that certain extent to believe into those numbers.Reaching previous ATH would be much more realistic
or eve $30-40k is reasonable.

BTC wont be taking over every type of currency I doubt, I dont even think the domination of USD since ww2 will be repeated again for a while.    BTC value will rise but also the dollar value people use as reference is going to drop as well, they are inverse in that way.     They'll be more variety of currency types in future, thats my take not so much technology point of view but I think politics and global trade will shift.

I see it coming to pass one day too, it's only but a matter if time. When more adoption and exposure occur.
However, the way we handle it now speaks more of the future. Nowadays, almost 70 percent of those who own Bitcoin are hodling for when the price will increase to sell for profits. Some hardly want to spend their Bitcoin. Its makes it look like Bitcoin is just for profit and not for payment. I just hope this won't affect the future of Bitcoin.

More adoption and more exposure is always occurring! That does not necessarily translate into price increase at all and we can see this from the hundreds of stagnating projects where numbers slowly creep up.

Not sure also where you get your 70% hodling numbers from, but it can't always be just hodlers for the sake of holding if you still want actual adoption to go up.

not even in the next 20 years i guess?and by that time all Bitcoin yet been mined so the more the value may not go that High.

and 1BTC per 1 is far from our imagination,we still in struggle about Governments interruptions so once the majority gets adoption then maybe we will see the light towards that Huge amount of conversion .

I also agree I think it wouldn't really be that high just imagine the transaction fee when 1 sats become $1.
And if it ever reach that high it would be hard to pay for some ¢ since1 sat is already $1 how about the cent's?

Bitcoin can be divided deeper than 1 satoshi so this isn't an issue....
We could go nanosatoshi or whatever....

We don't know yet which currency will become the popular one, we can guess it will be bitcoin for being the first one. But the list of many better altcoins are getting more popularity and when people realize the good features of those altcoins then they will start buying plenty of them, today is btc turn but soon it will be altcoins turn!

Assuming that happens the question is what you can buy with that satoshi when that happens, if the dollar went through hyperinflation it is likely that dollar is not going to be enough to buy anything so the ratio of one dollar for one satoshi may not be significant at all at that point in time and it could be argued whether we are going to measure the price of bitcoin against dollars at all.

However if that happened when the dollar still has some purchasing power then that will be a great victory for bitcoin and all of us which have supported it for years.

History repeats is how I would expect to predict what is a successful product in future and BTC is something that must provide utility in a competitive comparison to other standards possible.   The most probable reason for BTC to be superior to other blockchains is it operates the most difficulty to break and compromise, this gives it a standing advantage in every other consideration.   The best use of money is for security, provision of value that continues overnight and to days where the holder can use value previously accumulated.  
   There are other considerations like ease of use but I think gold proves society will form around a standard so long as its reliable, exchanging precious metal isnt as convenient at BTC can be but I would still estimate gold could prove a more widely used standard in future because of this security element to it where it cannot easily be compromised by any single nation.     Alt coins have to prove themselves as capable both in security and go onto be superior in multiple usage paths like speed of confirmation, etc.

   The easiest point to make on BTC for usage by every member of a nation is ease of use, its still not achieved a level where its like a remote control.   It has to become completely non technical I think, computers were ignored by a majority until mobile phones came out and that was the tipping point.   Hopefully we do see BTC achieve some kind technological singularity where it is essential and clearly superior to FIAT, the price is secondary and will only come after widespread acceptance, usage and reliance.

https://en.wikipedia.org/wiki/Technological_singularity

He is going to be proud? You probably aren't updated with the recently news. He used to support bitcoin back then and made an absurd bet. But lately he backed off and took a negative stance against bitcoin. He started calling bitcoin a shitcoin. He now considers bitcoin as a coin with ancient technology and believes that there are other tons of alt coins that can dominate the market and are going to be considered a true crypto coin.

lol McAfee should write fictional books or stories but he finds trolling less effort.   I dont know why people want to take what he says as serious or reliable.
   The only important point to take away is alt coins are willing to pay and finance his opinions, for a small player like himself the choice is with alt coins.   BTC is going to pay him zero, the idea to promote is that alt coins take over the BTC eco system.
  I wont dismiss the idea outright, if you have the skill and good judgement also luck to find an alt coin that will find a foot hold in crypto then well played.    Ive no doubt the amount of growth realised in any capital invested in a successful idea would be worth making time for that idea.   Its just the new ideas will not result in success, perhaps 99% do not genuinely make progress or become part of the wider phenomena.   Meanwhile BTC is likely around for decades it seems and that though boring to some is revolutionary to the wider world.   I'm still off on $1 sat though.

Looking by these numbers seems literally impossible to reach, but who knows, this will become the price of each sats. Though the probability of this to happens is below 1%, still some crypto enthusiast will put their faith for this.
I can't also imagine how much 1 Dollar would cost in the future if this happened. For sure 1 Dollar would cost less compared today.

We can say for sure, who knows it will really reach one million per bitcoin but I guess it’ll take more years perhaps 40 years or more. Bitcoin has a limited supply and satoshis are almost mined so with the scarce nature I think the price will rise once bitcoin will be used as another mode of payment. Anyways, t is still a long way for bitcoin and well see what’s gonna happen in the future, whats important now is that the price is showing a good trend so far and hopefully it’ll continue.

If that is the case, he is right bitcoin doesn't have extra features like PoS, Smart contracts yet, or any additional features like privacy or something that people can use every day other than being a store of value and transfer.

But with the time that can change, there are a lot of developers working to bring to bitcoin those and more features, like RSK with smart contracts running on the bitcoin blockchain.

Bitcoin is unlikely to ever have a price of one million dollars. One hundred million dollars it will never cost. This is simply unrealistic, despite many optimistic forecasts in this regard. With such a high level of price volatility, it will fall in price much earlier than it can reach high price values.

Well for that to happen Bitcoin must be extremely expensive first. 100,000,000 satoshi worth 1 Bitcoin, this only means that it would be a long way run, in fact it is almost impossible to happen.
I like the way of being optimistic that it would reach worth of $1 but this is so unrealistic even if the market is volatile.

while i am very proud reading threads like this but it is too much to expect mate,meaning Bitcoin will reach $100 million dollars in future?sorry but this is very huge to look as reality.
but who knows right?if we can even make a x100 for 2 years since 2015-2017 so what more in another 50-100 years?
hoping that we can still experience those days or much better if will happen earlier for us to taste our risk and fruit in investing here.

The price of 1 dollar to 1 satoshi requires one bitcoin to be 100 million dollars. That means the 18 million bitcoins would worth 1,800,000,000,000,000 total. That is 1.8 quadrillion dollars. Yes you heard it right, in order for 1 satoshi to be equal to 1 dollars, the total market cap has to be close to 2 quadrillion dollars which is far exceeding all the economies in the whole world all together combined.

So, there is either no chance that something like that would ever happen, or maybe USA will go belly up and becomes like Zimbabwe and dollar will worth nothing, which I highly doubt will ever happen with the amount of power they have over the world. In the end if you think anything above 20 trillion dollars total market cap will happen any time soon, you are quite wrong.

I'm sorry, even I, a very opmistic person about BTC and the blockchain in general, can't believe in such price
There's a lot os scenarios of probability, but to achieve this price per satoshi, a BTC have to hit 100 millions dollars, yes a single coin of BTC
Can you explain how can we have this money on criptos?

I don't believe in.such high price either but people like to exaggerate. They dream about huge Bitcoin price that will enable them to become.rich over night. There is nothing wrong in dreaming but we need to consider some facts too. And it's much better to focus on reality and current situation, how to get the best out of market and the best profit instead of dreaming of something that might never come.

This is just a dream valuation that we will not achieve simply because no one will be sending a thousand dollar transaction fees and it is show the biggest flaw when you are talking about one satoshi a dollar. The price will move higher as longer as the terms are fair in accordance to the transaction charges and once it crosses those then you will have a hard time to see the value moving further and the hence the million dollar valuation by the speculators will make me cringe and that is the reality.

One chance is if people will use only bitcoin, and we know that there are many altcoins, that probably won't happen.

The other chance is because bitcoin has scarcity and the world's population is way bigger than that 21 million bitcoins.

this is all what we are waiting for,to have this huge value that is why i am always keeping every single satoshi i earned and even in all my wallets i make sure that each will keep safe.
we are just 10 years and running ,there are so many years for this thing to happen,if not in our generation then maybe in the next or next,so that means the possibilities is still there.and besides the value is keep on increasing years after.

as I know, the price movements of altcoin and bitcoin are of course very different, some altcoins also have a supply of 21 million pieces but the price cannot be as expensive as bitcoin because price movements depend on how demand is in society, meaning when the coin can be used by many people and can simplify transactions, the price will rise because the higher the demand the higher the price.

From the days of bitcoin pumping high reaching ath value above $20k there started discussion on the price of one Satoshi equal to $1. None can assure this will happen and it won't happen, because the cryptomarket is entirely different and reacts to speculations as well as different incidents happening around the market. If the market keeps progressing in the same rate possibly within the next two halving we can experience a Satoshi equalling the value of $1.

Only answer that makes sense. 1 satoshi at $1 pins Bitcoin at $100Million. Not gonna happen unless some major shit happens. Probably not in our life time. Maybe our grandchildren's lifetime, but nobody knows the future.

Someday and speculation. Everyone can say what they predict and i think it is good discussion. Maybe for me, i am not really think that far because will need high price of bitcoin, with that, maybe bitcoin itself will be something that only a few people can have.

everyone else on this room seem to not disagree with this prediction  but will i disagree with them  ? no .im just like them actually because i also think that 1 usd for one satoshi is feakin insane  . first  , 1 bitcoin needs to reach a really huge value which is also not possbile because look at its value  .bitcoin already struggle to reach 10k but how much more over a million dollars   ? people will already selll what they have once the value reach over 20k and with that price point , the growth will now stop and fall down again  .

I see one real scenario for OP’s predictions to come true: we must not calculate in US dollars but in Zimbabwean dollars. In this case, everything is real  :D
Seriously speaking, the option described by OP is impossible - the commissions on the network will be unrealistically large.

100 million $ per bitcoin, that's a crazy price for this market. And I think that if this happens, we need to wait a few more centuries. Currently the price of bitcoin is only $ 10,000 and its growth is still too slow, I hope that this year prices can go through ATH and create something really big to attract investors.

One satoshi for $1 is impossible. Now Bitcoin is at $10,000 mark, it will be bullish, but not so long, or it will take centuries.

That's right, and knowing the average inflation rate of USD during 1800-2000, which is about 1.38% per year, and also knowing that recently it climbed up to 2.5% per year, we can conclude that with the current demand for BTC "$1 USD for 1 satoshi" can take a very long time (not less than 1,000 years, according to my rough estimate). And although we know that demand for BTC will rise, we can't expect more than $200k for 1 BTC, or $0.002 for 1 satoshi, in the nearest future.

To everyone who keeps saying bitcoin will go up while dollar value will go down, that will definitely happen but NOT 100 MILLION PER BITCOIN. Are you guys crazy? I mean we are talking about bitcoin at 100 million dollars PER bitcoin and not marketcap, thats literally more money in marketcap than all of stock markets in usa combined! It won't nor can't happen in the 100 years from now, the inflation is not as high as you guys imagine it is, even in 100 years following today at the year of 2120 the price won't be that high because inflation is not that high.

However, the price for maybe something more realistic could happen, maybe 100k? Maybe even 1 million one day could happen but the 100 million can't, I still think even 10 million for per bitcoin can't happen in the next 50 years as well. I am even a bull for bitcoin as well, this is me being so hyped about the future of bitcoin but I am also realistic as well, know that it will go up, just not THAT much.

Bitcoin is that major shit. It's already happening, dice are rolling, cards are in play.


A Bitcoin is worth 3.6 million zimbabwean dollars if you count the price of BTC at 10 thousand USD so it's long past 1 million per Bitcoin ;)
You need to find a more suitable currency to fit the value.

Bitcoin remain the real deal but we need to be realistic in some situation for the bitcoin market can not be mathematically predicted and like GmAdvice said i also see the price of bitcoin market making it to the predicted price range now despite we're approaching the bullish market.

Given how fast technology is changing, and especially society, there is no point in talking about the prospects for several centuries. Perhaps in 100 years the very concept of money will change dramatically. Perhaps bitcoin will be the cause or part of these changes.

For sure in 100 years from now and even before, the concept of money has to change one or another way, nothing will stay static and the status quo changes with time, many years. Status quo and comfort are the things why society can't move forward faster.

and that will happen for sure because Paper money need to be replaced and Electric money will take place.
we are now living in technological world with computer almost in every individual so whats the needs for Fiat?when we can purchase and pay everything using our Cryptocurrencies?this is our future and what must be our next generation to benefits from us.

I didn't know that there is such thing as milli-Sats looks like Satoshi really have it all planned all along.
Even if the 21M cap has been mined and 1 Sat have rise to being $1 each there would still be a smaller dividents.
I also agree that we shouldn't worry about the price we should look for it's value,
Who knows if that time comes when 1 Sat=$1 a dollar could only be worth 1 cent of our current money.

honestly, it will cause economic chaos. if 1 bitcoin means $ 100 million, then if 21 million bitcoin, then it becomes very much. if it is spread on the internet, then the person who has the most bitcoin will be the richest people in the world. Well, I'm pretty sure this won't happen. there will be many contradictions about it. even I was quite grateful when the price of bitcoin has reached a price of $ 100000.

I think that even a level of $ 100,000 will be absolutely unrealistic. Perhaps the price will touch it for a short time and immediately fall down, but the long-term maintenance of the price at this level is unrealistic since in this case the costs of maintaining the bitcoin network will be absolutely unrealistic (about $ 20 billion a year).

It is someday and we don't know that situation can be experienced by us. There are many things that will faced by bitcoin and its user, yeah regulation will be the first thing that will always be prevent bitcoin get mass adoption. Mass adoption is the one way for bitcoin have a high price because as you know its price rely on supply and demand and there is no manipulation against it. Other than that bitcoin will never be use as main of payment system that can be used by all human on this world. Because bitcoin is different with the money fiat which we are using now.

These days we see all the altcoins are using satoshis as a reference in order to express their value, many things will do the same, using satoshis in order to express their value, not just altcoins, altcoins now are showing the world the example, many items will follow suit using sats also. And because of scarcity in bitcoin max supply, satoshis are getting more attention everywhere.

I don't think that we would ever see it happens.
I couldn't imagine who would still use it that time how much would it cost to do a transaction.

That would be the time where everyone of us who can hold longer will become reach, imagine if you are holding 1 btc at that time that's $100 million dollars of money and it could certainly change our lives. For people who just use it for transactions they'll not benefit in making money but the fact that BTC has move that high, there must be a big improvement that would cause a massive adoption.

Dont know if this discussion is really worth to be talked on.We have seen millions and hundreds of thousands in prices, being too optimistic isnt bad
and as said by others we should be at least realistic so that we wont stress up our minds on waiting for something which wont gonna happen.
Even on full adoption with btc, we cant reach that price for sure and it would be much more appealing if we do just focus nor do talk
about on when the price will reach its previous ath or even surpass it.

Surely it will never happen because it's such a high price for Bitcoin. Think about what will happen if each transaction will lose $ 10,000 fee. Nobody really wants this to happen because it's so wasteful. Or USD gets inflation and money becomes devalued

1 satoshi = 1 cent. or $0.01

I think that's more likely and would only mean $10 million per BTC. That's not unrealistic within the next century or even next few decades. I think such was the estimate of Hal Finney just a few days after the genesis block.

And then hundreds and thousands of people named Satoshi in Japan will get very annoyed at the very bad jokes when people ask how much for this and that;)


Actually, it's the legendary $1 million BTC (100 million cents for 100 million satoshi).

Pretty much no one I met in 2016 would have dared to breathe 100 satoshi = 1 cent, so yeah, who knows? A pipe dream at best to me, but wouldn't it be so awesome to experience this in my lifetime?

P.S. Glassnodes say there are 2.75 mill who have at least 0.1 BTC. Assuming they're all individuals, this would make almost 3 million people really wealthy (again I'm assuming my national economy, not US). What a dream.

Of course we will not see that happening. People just have unrealistic dreams and desires. Some still believe that Bitcoin was created with just one purpose and that is to make them rich sooner or later, that is why they imagine such exaggerated values.
It's much better to live in reality and think how to act now and how to use current situation in.the market for the best gain. It's an illusion to imagine that we will all become millionares one day.

I agree with your assessment and your proposal to be realistic.
As for the discussion of prices and the likelihood of various scenarios, we communicate in the Speculation section, so it is quite logical that here are many traders and those who are just interested in such topics.

I think 1 cent should be the case instead of 1 dollar. 1 cent per satoshis which many would think it is more reasonable at this time!

That would be the step before, we need to see 1 cent per satoshi first and only later 1 satoshi to be $1. It's far away from us at the moment, Bitcoin needs a lot to come to there. For now, this is just a dream we are free to dream, and nobody can stop us to dream about that. What we can hope is that to happen in our lifetime, because even if it happens one day that will not be so soon.

No, I don't think it will ever happen. 100 Million USD per bitcoin, this is ridiculously daydreaming mate. Hoping for big is not bad, but personally, I feel we have to consider the real fact. One Bitcoin can be 2-50K USD worthy, not greater than in the next decades.

1 cent is more realistic as that was predicted 10 years ago already. It will happen in the distant future, and if not, we'll inch closer to it anyways. It's just been 10 years, so another decade maybe another 10x. In 20 years, could be 100x and that's not too unrealistic.

It sounds unrealistic but when you are in the early stage, I bet you'd still feel the same and you might not succeed now.
Let's say you are in the early days and you hold bitcoin already worth 1 usd each, will you think that it will reach at least $10,000? - of course no :)

One thing is sure if this going to happen then surely we will not alive to watch as this is going to take some long journey for this because this is not small amount even in eary days no one was sure about this price but this happen so right now same happening if peoples feel this is not going to happen but this can happen but very long way.

I think we'll see 10x(of the current price) sooner than in 10 years, because it's just 5x from the previous ATH, so, yeah, that's not too unrealistic at all. But regarding what can happen in 20 years, I agree with posters above saying that in this fast changing world of today, no one on Earth can tell what will happen in 20 years. I mean, how can we predict the price of BTC in USD, when it is possible that there will be no USD in 2040?

It is nothing but dream :) Maybe it will maybe not. We don't know when it will reach the dreaming price. But I believe that it will go too far one day. That we can't think of and we just regret it and think that if we held Bitcoin we would one day become millionaires. :) Just like those who sold Bitcoin 5 years ago.

we all have the same hope, but don't expect it at that price. the price of $ 1 for 1 satoshi looks very unrealistic. at the moment, what's realistic is that bitcoin prices reach $ 10k to $ 15k. however, I have not found a reason for what can make the price of 1 satoshi so valuable in the future.

Bro don't get over your head with the optimism you got. Multiplying all the Bitcoins we have to a dollar value on each Satoshi it have we are talking about a 2.1 Quadrillion dollar industry here which in a sense hasn't even achieved by the richest men in the world, even if you combined all their wealth together they won't have enough money to much the value of the market you are speaking about. Now not unless USD has undergone extreme hyperinflation like what Venezuela experienced I don't think that this 2.1 Quadrillion market cap is achievable by any standard. The situation I have given above is the only possible scenario I see that 1 Satoshi will be equal to a dollar someday

Absolutely! Right now I regret myself that I sold my Bitcoin for 500$ and now it is almost 10K USD! I assume after 5 years there will be many people like me who will regret because they did not buy in 2020! However, I have many dreams with the Bitcoin, but 1$ per satoshi seems daydream which is not possible in real!

Let's also consider that altcoins are just another big opportunity, in the same case that bitcoin started with zero value, now altcoins also have the opportunity to expand, and now altcoins have even more chances to thrive because bitcoin already made the road for them, time will tell which one is the one to stay according to their features.

Currently as few altcoins going if someone invest some good amoutn then surely he can go as well because in recent analyst saying we have better chances with altcoin instead of bitcoin because price is very high and some good number of investors fear of investing on this price so can take chance in altcoins.

but the question is Can you find which altcoin are they?" because there are only few altcoin that whos growing that not depending in Bitcoin price meaning they are mostly being Pumped by Whales to have victims in their pump and dump strategy so better be aware of this also mate and not just believing those who calls themselves "analyst".
yeah the price of bitcoin indeed very high,but in this one you are sure of being safer and no dying will happen,all the altcoins may die one day but Bitcoin would be the last that is what we must understand here.

If Bitcoin went from zero to thousands of USD per coin, it doesn't mean that current alts costing zero now can do the same or even something similar. This notion, "Buy XXXcoin while it's cheap!", is exploited too much by creators of new alts, but the truth is that most of them will never go above the initial price, and also can quickly go down after a short-lived pump.