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Author Topic: What will happen when 1 satoshi is $ 1?  (Read 17243 times)
Sirokoshi
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May 08, 2018, 12:26:03 PM
 #441

What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?

if 1 satoshi for $ 1 then bitcoin price will be very expensive and it is sure will be many people who become rich and will many people who regret it because it sells bitcoin quickly at cheap price when bitcoin price can berpotnesi at that price.

That is why I do believe that we will never see that 1 Satoshi price is a dollar. It is difficult to imagine that somebody will buy BTC  for such a great sum of money.
Unfortunately or fortunately it is impossible. I think that bitcoin will lose its leadership rather than become so expensive.
Nahl
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May 08, 2018, 12:37:56 PM
 #442

the price might be so high if 1 satoshi equal to $1 but how about the transactions fees because bitcoin transactions will be so expensive at that price and this is impossible for me to see bitcoin price reach to $100 millions and indeed i expect to see bitcoin price high but $100 millions is looks impossible
Akupuniard
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May 08, 2018, 01:12:42 PM
 #443

We can easily calculate everything because 1 satoshi is 0.00000001 it means 1 bitcoin would cost 10000000$, it's impossible because we have no enough money in the world to make it real.

DropBombzENT
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May 08, 2018, 01:19:59 PM
 #444

By the time when 1 satoshi will stand 1 dollar fiat will no longer be. In all spheres of our life, bitcoin and crypto-currencies will be. Bitcoin will change the very understanding of money. Money will no longer be subject to inflation
BillyTalent
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May 08, 2018, 01:24:10 PM
 #445

What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
as for me it's just a dream. it seems even if this happens, it is not very soon and not in this century most likely.
CryptopreneurBrainboss
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May 08, 2018, 01:39:15 PM
 #446

I don't think BItcoin will ever cross $100k value. I mean just imagine what you explained above, truly that will end bitcoin for good.  I see Cryptocurrency as a means of circulating money among  investors. Correction will endure BItcoin dont become too costly for new investors to jump in

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Amakwah
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May 08, 2018, 01:49:22 PM
 #447

I think if 1 satoshi equals $ 1 is the number of new millionaires emerging because of the number of people who still hold crypto.
bitcoinman93
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May 08, 2018, 01:52:08 PM
 #448

What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?

then people who are in the community today, investing in very early stage, will be very very happy, probably not need to work anymore in their life, same will go for their children either Smiley
Carlton Banks
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May 08, 2018, 10:44:51 PM
 #449

Maybe the "it'll never happen" people are all forgetting something:

$1 dollar is about 10,000 satoshis now

(and $1 dollar was worth only 5000 satoshis when BTC was $20,000)


1 BTC = $1 dollar? People said "it'll never happen"
1 BTC = $100 dollars? People said "it'll never happen"
1 BTC = $1,000 dollars? People said "it'll never happen"
1 BTC = $10,000 dollars? People said "it'll never happen"


With the continuing improvements in Bitcoin tech (and the continuing deterioration in democracy), BTC will break $100,000 dollars in the next few years, maybe even in 2019. What will you guys all be saying then (when $1 dollar will be just 1000 satoshis...) Smiley

Vires in numeris
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May 08, 2018, 10:49:22 PM
 #450

when it will happen then we all are become  billianer. and it will happen in 20 years it will take time.
jake zyrus
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May 08, 2018, 11:02:02 PM
 #451

What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?

I think Satoshi can climb the market also. Remember back then that bitcoin was discarded because they don't believe that it will grow? Well look at the tides now. And if bitcoin can be so expensive, then people will refer the common cryptocurrency to Satoshi. Surely this will be along shot and will surely take years and years with very little chance to happen but we can all dream.

digaran2
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May 08, 2018, 11:11:17 PM
 #452

i now have i btc, if 1 satoshi is $ 1,wow, i will have so many money. Grin
i think it will happen  after 20 years or more! then may be 1$ is very cheap!
Swanh
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May 08, 2018, 11:13:18 PM
 #453

What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
Pretty sure everyone wants to own satoshi and most probably there will be no more free mining and faucets if satoshi would be that expensive and existing coins also become expensive and profitable.Bitcoin holders will not just double but triple the profit when 1 satoshi would be equivalent to 1$.
onemoretime8520
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May 08, 2018, 11:16:01 PM
 #454

if we can see those amounts in future and if btc will arrive that success by becoming the way of payment than the cent issue would be the tiniest problem to think about which will be adjusbale in seconds.

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bajingluncat
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May 08, 2018, 11:16:18 PM
 #455

wow, that's what I dreamed of but in the near future we have to be patient first because seeing the situation now I think it's a bit difficult, but if it happens then I will be a new rich man, and there will be many changes that happen in this world, all need to process and time
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May 08, 2018, 11:33:27 PM
 #456

This is totally impossible because if 1 satoshi is 1$ it also means that 1 Bitcoin will cost 100 millions dollars to buy .
It's the way too much expensive for us to spend into Bitcoin and people will turn their back into it. High price doesn't contain with the good effects .

plr
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May 08, 2018, 11:37:21 PM
 #457

What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
If Bitcoin falls to $1 it will be dead by now, Bitconnect price falls from hundred dollars to a few dollars but Bitcoin is much more a superior coin than Bitconnectcoin or any other coin in the market, so I doubt if it ever fall to $1 and people are still trading on it, Bitcoin will always have a buy support on the $5000 to $6000 level.
anticrypto
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May 08, 2018, 11:46:24 PM
 #458

Bitcoin won't be responsible for world poverty, government has. Maybe a country has a bitcoin and almost everyone uses it and they earn by that in different ways
Baby Dragon
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May 08, 2018, 11:50:10 PM
 #459

What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?

This is a wild but fascinating idea that made me think of things. First is that how remarkable the growth of bitcoin is. So what if it won't stop growing its price? Then Satoshi coins will more prominent and the amount of money that bitcoin will cost in this scenario astonished me. But if this ever happens, I doubt it will be in my lifetime. So there's nothing to do but wait to what will happen next.

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huige007
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May 08, 2018, 11:50:53 PM
 #460

we all will e come billionaire when 1 satoshi will equal to 1 dollar. and it will happen in nest 30 years.
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