bitcoin31
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April 27, 2019, 11:38:06 AM |
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It may possible to make that happen even though these days and recently months passed bitcoin quite low, but I believe it will recover soon. As we know bitcoin is unpredictable so, while bitcoin now is stil in low price, I think its better to buy more these day.
So it means for you that each satoshi will become $1 each in the future? Bitcoin now are doing great again and we expect price increase more next few months. Buying bitcoin is one of the best do of the user of the crypto because they help community and they help they self to earn money.
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Distinctin
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April 27, 2019, 12:01:16 PM |
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I have no doubt it will happen in the future, provided bitcoin will continues its success on growing its adoption. The supply is only limited but the demand will continue to increase so it's obvious that price will follow as well, 1 Satoshi = $1 is good, we will forget the word BTC that time as we BTC refers to millions or hundred thousand of dollars then.
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Vishnu.Reang
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April 27, 2019, 02:01:31 PM |
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1 Sat = $1 means an exchange rate of 100 million USD per bitcoin. That is something which is very unfeasible, under any circumstance. Right now, the total world wealth is estimated at around $300 trillion. In case the exchange rate rises to $100 million, then the wealth from Bitcoin alone will be 7 times the total world wealth.
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LimLims
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April 27, 2019, 02:35:51 PM |
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This is practically impossible. I mean this can happen but it will take ages. I can clearly say that it will take too many ages or also completely impossible. The reason for which i am saying this is that, the current marketcap of Bitcoin. You can clearly estimate the value on the basis of this. Moreover the price of Bitcoin also fluctuating a lot. So therfore forgot about 1 satoshi getting 1$.
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Cacingkemi
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April 27, 2019, 03:26:36 PM |
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If 1 satoshi price $1, it will speed someone up rich. Just 10mBTC 1Msatoshi will probably be $1M and a scheme like that makes it easy for us calculate changes to US dollars, you think there is a truth in collecting satoshi and HODL will make someone rich it takes decades to come and that too if BTC is still popular.
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adzino
Copper Member
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April 27, 2019, 04:10:10 PM |
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In the early beginnings of Bitcoins (2009-2010) it was easy to get some Bitcoins either by buying them for a few cents, by mining (which was easy in the early days) or even some faucets gave away some bitcoins every day just for clicking a button or solving a captcha. And now watch how expensive a Bitcoin is now.
Today you would not get Bitcoins but only Satoshis for the same time and effort. And as the price rises, you get fewer and fewer Satoshis of course.
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)?
If yes, we should fight for every single Satoshi now as long as the price is relatively low. Use faucets, trade, buy, mine and hold them until you are rich. It's too late now to get whole bitcoins (too expensive) but some thousands of Satoshis here and there could be a lot of money in the future.
What do you think?
$1 per satoshi? Not going to happen. At least not now. You will have to wait for decades. In the future where crypto currencies become the main stream currency where people use it in their everyday life, then the demand of crypto currencies might increase which in turn may make the price of crypto currency go crazy. And yeah, if that happens, we might also start making fractions of satoshi for our ease of use and benefits.
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Siren
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April 27, 2019, 04:40:40 PM |
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If Bitcoin goes on rising like that, in theory Satoshi might rise to $1 one day. And there will be mili satoshis as well for sure. In my opinion the best strategy for now is to hold what you have. That's what I'm doing. But then we should also be prepared for the worst case scenario. The future is unpredictable.
Well two years after this post still the Holding strategy is still in progress and the most spoken words to the whole forum(wondering why lol) But basically 1 Satoshi =1$ is nearly coming to happen as bitcoin had reach almost $20,000 in that same year of posting this.. Anyway i will be very happy seeing this to happen as for sure i will become a million dollar man in an instant
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1BTC EQUALS 1CAR
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April 30, 2019, 01:59:55 PM |
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I think there is no way that is possible because that looks a highly manipulated price because not every country would have a high demand on bitcoin and don't you forget that altcoins are also going to get the piece of the pie. The altcoins are going to take huge marketcap too so even btc having the price of $1m is just going to be a dream.
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Fredomago
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April 30, 2019, 02:45:41 PM |
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I think there is no way that is possible because that looks a highly manipulated price because not every country would have a high demand on bitcoin and don't you forget that altcoins are also going to get the piece of the pie. The altcoins are going to take huge marketcap too so even btc having the price of $1m is just going to be a dream.
It can be possible if all the people around the world recognize this as currency, imagine how many people will desire to own bitcoin and how it will be lifted up by doing that, bitcoin always surprises everyone so who knows if this can happen after some years of existence, better to watch and wait if everything will just be fine while adoptions still taking place.
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Indamuck
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April 30, 2019, 02:58:31 PM |
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1 Sat = $1 means an exchange rate of 100 million USD per bitcoin. That is something which is very unfeasible, under any circumstance. Right now, the total world wealth is estimated at around $300 trillion. In case the exchange rate rises to $100 million, then the wealth from Bitcoin alone will be 7 times the total world wealth.
Haha, thanks for laying out these numbers for the newbies. OP asked a ridiculous question. At most and I'm talking very far in the future, I could maybe see 1 satoshi being worth 1/10th of a penny.
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Pattart
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May 01, 2019, 10:48:11 AM |
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It may possible to make that happen even though these days and recently months passed bitcoin quite low, but I believe it will recover soon. As we know bitcoin is unpredictable so, while bitcoin now is stil in low price, I think its better to buy more these day.
So it means for you that each satoshi will become $1 each in the future? Bitcoin now are doing great again and we expect price increase more next few months. Buying bitcoin is one of the best do of the user of the crypto because they help community and they help they self to earn money. if 1 satoshi costs 1 dollar, that means 1 bitcoin is worth 100 million dolars. bitcoin will be the most expensive online commodity in the world, and that is impossible for me. even though throughout the world using bitcoin though, the price will not be that high, we are optimistic but not over dreaming
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