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Author Topic: Price of 1 Satoshi rise to $1?  (Read 5246 times)
jouns
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August 24, 2017, 10:56:40 AM
 #21

The current elite will never allow to spread the wealth,you want to say that the world economy will drive the guys who dug coins in 2010. xrp are much more likely to grow than bitcoin just because it was created by the banksters.

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August 24, 2017, 11:01:10 AM
 #22

This may happen due to demand. But, it may take some time ( Alot of time upto 10-15 years)  and the reputation of Bitcoin.
10-15 years isn't enough. Maybe several decades after 2140 when the final BTC is mined, 1 satoshi will worth 1$  Cheesy Cheesy Cheesy

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August 24, 2017, 11:01:45 AM
 #23


Do you think that the price of a single Satoshi will be something like $1 one day? Or even more than that? Will there be fractions of Satoshis in the future like mSatoshis (Milli Satoshi)?


It depends on two things: what will happen with Bitcoin price and what will happen with USD in future. If USD stops beeing relevant FIAT (unlikely but not impossible) and BTC continues to grow it might be possible. But in my opinion it's not realistic.
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August 24, 2017, 11:05:26 AM
 #24

Who knows? Back in 2011, no on thought that the exchange rate of Bitcoin will rise to 3 digits (at least not in the next 10 years). But after 6 years, the exchange rate has breached 4-digits and we are heading towards the 5-digit mark.
Yes it's this increase in the prices of bitcoin that leads some of us to expect bitcoin prices reaching to the level where even a single satoshi will have some significant value and though it may not seem realistic but no one can deny the possibility but for that to happen we still have to wait for many more years.
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August 24, 2017, 11:05:31 AM
 #25

well i think the limit for bitcoin price rising is $100.000, so for 1 satoshi be at least $1 impossible
but its up to you if you want to hold until 5~20 years in future then sell it.
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August 24, 2017, 11:10:01 AM
 #26


Do you think that the price of a single Satoshi will be something like $1 one day? Or even more than that? Will there be fractions of Satoshis in the future like mSatoshis (Milli Satoshi)?


It depends on two things: what will happen with Bitcoin price and what will happen with USD in future. If USD stops beeing relevant FIAT (unlikely but not impossible) and BTC continues to grow it might be possible. But in my opinion it's not realistic.
Bitcoin will never replace the dollar from circulation in America, but it is easily in the future could oust the dollar as a reserve currency. This is the biggest nightmare of America. Perhaps in the future all the forces of the us financial system will be left to struggle with bitcoin.


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August 24, 2017, 11:18:40 AM
 #27

I think a Satoshi being worth $1 is ridiculous. 1 BTC would be worth 100 million dollars! That is pure wishful thinking and isn't practical. Someone with 2,000 BTC would be way richer than Bill Gates is right now.

Yes totaly agree with you i dont think so that bitcoin could reach 1 sat to 1$ just imagine bitcoin is 8 decimal so if you count it 1 bitcoin is worth 100 million x 21 million its too much moeny and it will lower the value of dollar remember that more money you produced the lower the value of this

1 sat = 1 USD is not gonna happen ever. Sorry to say so, but there really is not enough money in the world to pump the bitcoin price to such an enourmous number.

it would give bitcoin a market cap at 2100.000.000.000.000 USD
that is 2100 TRILLION USD
right now market cap is 0.05 TRILLION USD

Eh, it will just mean that the value of the coin in circulation will be around 3 times the world GDP Smiley).
Or two times if we consider the growth ad the time BTC will have to get there but I think it is impossible, at least in our lifetime.

Also it would mean for bitcoin to be used for everything replacing all fiat, investments and gold as a store of value.
And this without other cryptos taking a piece of the cake.

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August 24, 2017, 12:05:14 PM
 #28

Be patient is a very good thing, because the price of 1 satoshi = $ 1 happens soon, I'm sure and will continue to buy bitcoin and do not care though sometimes the price goes down, because it will definitely go up again.
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August 24, 2017, 12:28:32 PM
 #29

Well it may become that later in the future,but for how long? I think with the current statistic it gonna take another 17 year to reach that price
But lets leave that for the future,for now just keep what you can and sell when it on the moon,don't let false hope hold you back

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August 24, 2017, 12:29:02 PM
 #30

I think a Satoshi being worth $1 is ridiculous. 1 BTC would be worth 100 million dollars! That is pure wishful thinking and isn't practical. Someone with 2,000 BTC would be way richer than Bill Gates is right now.

Yes totaly agree with you i dont think so that bitcoin could reach 1 sat to 1$ just imagine bitcoin is 8 decimal so if you count it 1 bitcoin is worth 100 million x 21 million its too much moeny and it will lower the value of dollar remember that more money you produced the lower the value of this

1 sat = 1 USD is not gonna happen ever. Sorry to say so, but there really is not enough money in the world to pump the bitcoin price to such an enourmous number.

it would give bitcoin a market cap at 2100.000.000.000.000 USD
that is 2100 TRILLION USD
right now market cap is 0.05 TRILLION USD

Eh, it will just mean that the value of the coin in circulation will be around 3 times the world GDP Smiley).
Or two times if we consider the growth ad the time BTC will have to get there but I think it is impossible, at least in our lifetime.

Also it would mean for bitcoin to be used for everything replacing all fiat, investments and gold as a store of value.
And this without other cryptos taking a piece of the cake.

Even so, it will still not reach that much. How can it be pumped that much if no one can avail it already? 100K is too much but still reasonable. Elites can still purchase it. But 100M a piece, that is just insane speculation.














 

 

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August 24, 2017, 12:30:14 PM
 #31

25000 times it's current worth? judging from it's current unbelievably high price, i would doubt it.
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August 24, 2017, 12:44:30 PM
 #32

I think Satoshi value being worth $1 is ridiculous. 1 BTC would be worth 100 million dollars! I think isn't practical. However 1 satoshi being worth $0.01 I could imagine in a few year ( 1BTC = 1 milion dollar )
So you can hold what you have. But you also be prepared for the worst case scenario.
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August 24, 2017, 12:45:11 PM
 #33

My opinion is that 1 m a Bitcoin is whats maximum possible if it does not slow down and keeps getting used. Above that price, I don't see it maintainable. Maybe I am wrong and it will become a rare collector's item. I can see auctions happening when Bitcoin gets very rare. Meanwhile, you have a lot of new developments in other blockchain solutions and products so going that far to the future too like 2025 is maybe not a good idea. But so long Bitcoin stays the king in value. It's possible to go much higher but let's first reach 100k per Bitcoin first, shall we?  Cool
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August 24, 2017, 12:52:36 PM
 #34

The price of BTC must rise about 25x from the current price to achieve 1sat = $1, dollar will massively devalue or economic collapse. I guess this is possible within 10-15 years. HODL!!!

I think you are off by a few decimal places there...1 BTC = 100000000 (100 million) satoshi, so to have 1 satoshi equal 1 dollar we would need the price of bitcoin to rise to $4000 x 25000 = $100000000 (100 million dollars). So it would be 25000x the current price, not 25x.

But if we could just get to the point where 1 satoshi was equal to one cent ($0.01) it would still be a massive increase in the bitcoin value, and many of us would be quite wealthy.

You're right, I just did a guess by the decimals so I'm off by 3. It's not that a wish but one more economic depression and we're very near there.
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August 24, 2017, 01:01:47 PM
 #35

I can't possible think 1 sat =1 USD. Because I think fiat currency can't lose it's value and become so bad and critical because it is more known and has more followers, and corporates won't let their regularized fiat go down so badly.
If this happens, probably it's because BTC will be known worldwide and used for several things, so demand would grow. Who knows corporates find a way with cryptocurrency(Probably difficult), they might be the 1st ones to devalue fiat currency.
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August 24, 2017, 01:11:22 PM
 #36

There's no real way to tell but I can guarantee most of us dream of this to happen. $1 per satoshi would mean a bitcoin would be worth $100,000,000 which is pure insanity and 99% of us would be rolling in $$$. Also with 21 million bitcoins in circulation at 100 million per coin, well you do the math. I think 1 cent or maybe even 10 cents per satoshi would still be amazing and somewhat reasonable. Then again who knows what will end up happening. In my opinion I couldn't see bitcoins being worth over a million dollars and that's a HUGE stretch, more than likely it wouldn't go above $50,000.
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August 24, 2017, 01:31:50 PM
 #37


Do you think that the price of a single Satoshi will be something like $1 one day? Or even more than that? Will there be fractions of Satoshis in the future like mSatoshis (Milli Satoshi)?


It depends on two things: what will happen with Bitcoin price and what will happen with USD in future. If USD stops beeing relevant FIAT (unlikely but not impossible) and BTC continues to grow it might be possible. But in my opinion it's not realistic.
Bitcoin will never replace the dollar from circulation in America, but it is easily in the future could oust the dollar as a reserve currency. This is the biggest nightmare of America. Perhaps in the future all the forces of the us financial system will be left to struggle with bitcoin.

At the moment 1 USD is 0.85 EUR. I was talking about this. Now imagine if for some reason USD goes south like 10 USD for EUR, 20, 30... This would increase BTC value in USD but not in other FIAT.
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August 24, 2017, 02:00:24 PM
 #38

It is highly unlikely that 1 Satoshi would be valued at $1, but with the devaluation of the dollar and with inflation that might

not be totally absurd to say that it might happen in the future. The US Dollar might collapse, like the Zim Dollar did and we

would be dealing with values like that. I like the "mSatoshis" unit that you suggested.  Wink


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August 24, 2017, 02:07:12 PM
 #39

it is far more different compared on the old day which bitcoin are not that famous/popular and few people trusted [some buy btc before just for fun] who know that it will come up to this far. but 1 sat = to 1$ is very ridiculous , in im perspective when it happens there will be a war in cryto world and our economy will collapse. 

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August 24, 2017, 02:14:47 PM
 #40

Well it may become that later in the future,but for how long? I think with the current statistic it gonna take another 17 year to reach that price
But lets leave that for the future,for now just keep what you can and sell when it on the moon,don't let false hope hold you back

In the last three years my brother got married and he has now two children.
Does it mean that in the  next 30 he is going to have ten wifes and 20 children?

And let's say BTC is special and it will do so in 17 years.
What is stopping it from going x25000 to 2.5 trillion a piece in 34 years?

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