One satoshi for $1 dollar will occur someday

[Ailurophile]

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

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.

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.

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.

[Dr.Osh]

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.

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.

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.

[KTChampions]

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.

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).

[ballerin and giroud]

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.

[USBitcoinServices.Com]

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.

[bhabygrim]

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.

[Questat]

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.

[milewilda]

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.

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).

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.

[gweedo]

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

[Dabs]

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.

[buwaytress]

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;)

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.

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.

[bitbunnny]

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.

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.

[KTChampions]

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).

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.

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.

[USBitcoinServices.Com]

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!

[Barbut]

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.

[thisnewcoin]

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.

[Dabs]

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.

[Japinat]

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.

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

[Indymoney]

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.

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.

[Betwrong]

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.

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?