Price of 1 Satoshi rise to $1?

[tobs]

It's not that reliable if 1 satoshi will hit that 1$ because as I have known the price of 1 satoshi was just like lesser that zero value or more like no value at all. That's why it's impossible for that to happen so far.

it's not "no value at all". 1 satoshi is exactly 0.00000001 of 1 bitcoin. 1 USD is 0.00022715 BTC. That means 1 USD is 22,727 Satoshi. It's not that far

Being realistic here, if 1 satoshi = 1 dollar then 1 bitcoin will be 1,000,000,000 dollars it's just too good to be true even if it have a chance to occur there'll be some problem, for example the fee, average fee for now is 38,420 or 0.000038420 then it would take $38,420 just to send a damn transaction and get normal speed of confirmation, whoever send money with that big fee, plain dumb.

100,000,000 satoshis in one btc, but yeah, I agree about fee - it will be enormous. But. Maybe until then somebody will invent some algo better than PoW, cause PoW is too gluttony for electricity. Without that problem fees can go cheaper.

Agree, I can not to wait for the price of $ 1 = 1 satoshi, I hope to happen a maximum of 10 years, although it looks impossible but the price of $ 4500 nobody thought a year ago.

10 years? Are you kidding me? Never, that future never happen even Bitcoin still survive after 1 century. You must to know the total supply coin of Bitcoin. 21 million Bitcoin, if I calculate to satoshi, I can not imagine this number, because 1 Bitcoin = 100,000,000 satoshi = 100 million dollars if 1 satoshi = 1 $, it is unreasonable.

It sound impossible comparing the idea to today's price of bitcoin, but if we look at it general $1 for satoshi seem quite resonably, but it also implicates that no one should ever have a full bitcoin. As fiat money often has a denomination of it's value, maybe something like this can happen in the future assuming bitcoin is used widely in the whole world. Also as the transaction fee stays in a way fixed and the price is still raising, some adjustment in perceiving of bitcoin value has to be made, as one day a fee of only 0.0001btc can be a fortune or at least too much for such transaction or for example paying someone 0.00001 for a service doesn't seem convenient.

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[cocoinin]

My personal target is 1 satoshi = 1 Cent thsi will be fair enough . We don't want to destroy USD or any other currencies lol

don't we?

Jamie Dimon is already afraid to the bone. He knows that days of banks superiority will soon be over.

hope so, but... I think it's in a human nature to look for someone to ask for a credit for a car, a house, a boat... that will not go away that easy.

[Altas]

My personal target is 1 satoshi = 1 Cent thsi will be fair enough . We don't want to destroy USD or any other currencies lol

don't we?

Jamie Dimon is already afraid to the bone. He knows that days of banks superiority will soon be over.

hope so, but... I think it's in a human nature to look for someone to ask for a credit for a car, a house, a boat... that will not go away that easy.

The superiority of the banking system might get over to some extent. This won't continue with all the services rendered from banks. Without the support of the banks, now lots of people could have not made anything big in their lives. Just upon the financial support in terms of loans and other forms had made life more beautiful though they charge us big.

[Silberman]

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?

I think it is possible that the code needs to be changed to accommodate smaller units than the satoshi in the future, however it is going to be impossible that a single satoshi reaches the price of 1 dollar that is simply too much bitcoin will be worth 100 million dollars for that to happen and I do not think there is enough dollars in the world to make that price a reality.

[fudster]

Those dead coins will probably be resurrected if 1 satoshi becomes a $1 each and those developers who suddenly being it alive will be rich! So before this happen, why don't you guys develop your own token right now and be rich in the future.  I might just buy a dead coin and starts to develop it right now.

[Maingtoled1958]

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?

it is hard to say 1 Sat will == 1$ because this mean you need about 200$ to send BTC .


price increase so hold & trading Best thing to do

[cocoinin]

it is hard to say 1 Sat will == 1$ because this mean you need about 200$ to send BTC .

but the price of 1 BTC will be one hundred million dollars, so it will be OK to spend $200 to send that amount of money!

[luca1073]

I had a dream last night. That 1 kg of apples was 200 satoshi that is likely to happen. 200 cents (2 $)/kg of apples eheh

1 satoshi/1 us cent is possible

1 satoshi /1 us $ only possible if us dollar collapses and then people wouldn't even convert the value anymore. Trump or somebody like him may help the process lol

There was a 100 trillion zimbabwean note (i have it) i paid 6$ on ebay for my collection. Now its worth 100$ ahaha

[teleskopta]

If 1 Satoshi will be equivalent to 1$, I think the majority of us will be millionaire and rich. I would gladly pray for that to happen. Everybody will be happy and I will hold my Bitcoin starting from now on if possible.

[gabmen]

it is hard to say 1 Sat will == 1$ because this mean you need about 200$ to send BTC .

but the price of 1 BTC will be one hundred million dollars, so it will be OK to spend $200 to send that amount of money!

Lol that's blowing it waaaaaay out of proportion though. I keep saying that we can't really be sure about anything but in here i'm making an exception haha. 1dollar per satoshi is not realistic at all :p

[Kriptex]

If 1 Satoshi will be equivalent to 1$, I think the majority of us will be millionaire and rich. I would gladly pray for that to happen. Everybody will be happy and I will hold my Bitcoin starting from now on if possible.

I think 1 satoshi can't be equal to $1. If you ask my personal opinion, 1 satoshi can be equal to 1 dollar cent. In this case, bitcoin would be the most efficient investment method in the world. The price becomes million dollars in this case.

[Andreas Spindler]

it is hard to say 1 Sat will == 1$ because this mean you need about 200$ to send BTC .

Seems unlikely. The Lightning-Network already applies Milli-Satoshis (msat). A thousandth of a satoshi. They are rounded to the nearest Satoshi when a channel is closed. Correct me, but AFAIK until then many transactions can happen between two parties.

However, 1 Sat == 1$ would mean that all BTC are worth roughly 21 * 10^6 * 10^8 =~ trillions of dollars. How can this ever become true? And what would a dollar be worth then? At least the price of Lambos will go through the roof... 

IMHO the Dollar and the Euro (and thus all other currencies) will already begin to tumble when 1 BTC comes close to 100.000 $.

Then currencies slowly will become... something else. Like so many I believe currencies in the present shape have no future. For me it is a dangerous perversion of the current monetary system, that individuals can own hundreds of millions, and do nothing useful with it, while so many people cannot pay for medicine, rent or healthy food.

I think that if you are crypto-rich in the future, whether you like it or not, you will have to take responsibility for the society and the environment you live in. In other words, take your cryptos, bring the right people together, take those sick Dollars and Euros out of the equation and people will do wonders. I strongly believe that. Anything that has gone wrong on this planet can be healed on this planet, isn't it so?

In short, who wants to live in a world where dollars and euros are still dominant and 1 Sat == 1 $?

[Idrisu]

If 1 Satoshi will be equivalent to 1$, I think the majority of us will be millionaire and rich. I would gladly pray for that to happen. Everybody will be happy and I will hold my Bitcoin starting from now on if possible.

If God really want to bless us I think that is what he should and we the holders which is not up 20% of the world population will became rich over night.  I think op is speaking from the future and I also believe that a time will come when some of us here will be a millionaire in our local currency if we keep holding.

[Duzter]

If 1 Satoshi will be equivalent to 1$, I think the majority of us will be millionaire and rich. I would gladly pray for that to happen. Everybody will be happy and I will hold my Bitcoin starting from now on if possible.

If God really want to bless us I think that is what he should and we the holders which is not up 20% of the world population will became rich over night.  I think op is speaking from the future and I also believe that a time will come when some of us here will be a millionaire in our local currency if we keep holding.

Majority of the users will be termed to be millionaires, just for assets that make the portfolio for long as well short term profiting. As the supply gets limited every four year with continued adoption and increase in the marketplace acceptance of bitcoin we'll see a drastic growth in the userbase which might increase the price of single satoshi to be $1.

[Adriano2010]

Well i think this can happen over long time but not now, we need a lot of money on crypto market to this because then the price of bitcoin should be 1.000.000.000$.

[Pagri]

I think that all the money in the world could hardly cover the necessary capital for each satoshi to be worth a dollar, even more taking into account that there is no forecast in which a single bitcoin can be worth 100 million. In fact, there are fewer and fewer analysts who believe that bitcoin will one day even approach the barrier of one million dollars.

But if this happens some day, I would feel very satisfied if the value of each satoshi were a penny of a dollar, because that would compensate the great efforts that many newbies have made to accumulate some satoshis in faucets or bounties.

[Romanianz]

Well i think this can happen over long time but not now, we need a lot of money on crypto market to this because then the price of bitcoin should be 1.000.000.000$.

it is true that the price of bitcoin can be very expensive but from the target you mentioned I think it is too high because currently the demand from bitcoin is not too much so the price of bitcoin $ 1,000,000,000 is too heavy and impossible

[virasog]

Those dead coins will probably be resurrected if 1 satoshi becomes a $1 each and those developers who suddenly being it alive will be rich! So before this happen, why don't you guys develop your own token right now and be rich in the future.  I might just buy a dead coin and starts to develop it right now.

You need to understand that once 1 satoshi is equal to 1 Dollar, the market cap of whole the crypto will be very high. Maybe it is just not imaginable now and all the good alts be wroth hundred / thousands of dollars. By the way, this scenario is far away now and we have to see many ups and downs before we see this phase of bitcoin value.

[shesheboy]

Those dead coins will probably be resurrected if 1 satoshi becomes a $1 each and those developers who suddenly being it alive will be rich!

dead coins are already dead because they are already de listed on an online exchange but those weak coins that are still listed on an online exchange will still have a chance to become strong if ever the price of bitcoin will also increase because we all know that bitcoins controlls anything  .

So before this happen, why don't you guys develop your own token right now and be rich in the future.  

its not easy to create a coin and not all people do have the ability to create it but if ever you already have your own coin , do you think your coin can get instant demand ?  no meyt  . you still need to do alot of promotions before your coin gets notice  .

[normanderecho]

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.