At long term — Could 1 sat equals 1 USD?

[lichig]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

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[The Sceptical Chymist]

This should probably be moved to Speculation, for one thing.

As far as 1 sat=$1, I think that's been asked about quite a few times since I've been on the forum.  I've never thought it was possible, but after seeing how high doge got pumped by the Reddit squad, now I'm starting to wonder.  After all, bitcoin does have a finite supply, and if the pump (and presumably dump) group were big enough or had enough money.....yeah, could happen.

[Poker Player]

Yeah, well, it might, who knows? But in 10-20 years it seems soon for me. That would be $100 million per bitcoin and the craziest prediction I have seen is the one from Michael Saylor: Michael Saylor goes nuts: he predicts a $15 million Bitcoin price.

I think it is more likely that we'll see 1 sat= 1 cent ($0,01).

If 1 sat= $1 by that time many things will have changed and the purchase value of the dollar will be much lower.

[ene1980]

As far as 1 sat=$1, I think that's been asked about quite a few times since I've been on the forum.  I've never thought it was possible, but after seeing how high doge got pumped by the Reddit squad, now I'm starting to wonder.  After all, bitcoin does have a finite supply, and if the pump (and presumably dump) group were big enough or had enough money.....yeah, could happen.

Right now if you make a bitcoin transaction you need to spare 3000 Satoshi and we could get it confirmed in a few hours, how many dollars you are planning to shell out as transaction fees and with these restrictions there is no way we will see those valuation until we find some magical scaling solution where you can send bitcoin with a few satoshi.

[Hamphser]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

Everything is possible but to think on the process on what are the things should really be needing to reach that $1 = 1 sat then this would probably talk on all of those big investors will be considering
bitcoin as their main investment or holdings which simply means this do talks an enormous amount for bitcoin to reach that number which we can say that this is almost impossible to happen
but well no one can predict the future though but to presume on how people do think or sees about bitcoin then we are already on that 50-50 chance.So dont expect much for this thing to happen
because you would only just get frustrated if it wont happen even on waiting into your own entire life span.So just go with the flow on how far this one will go.

[bullrun2024bro]

I think it is more likely that we'll see 1 sat= 1 cent ($0,01).

I also think that 1 Satoshi = 0.01 USD is a much more likely scenario - but 1 Satoshi = 1 USD, I doubt that. 

Since the question was asked several times before, I would like to quote @o_e_l_e_o here:

For 1 satoshi to equal 1 dollar, the total market cap of Bitcoin alone (never mind the rest of the market) would be 2,100 trillion dollars, which is more than 20x the GDP of the entire world. The only way it could ever happen is with collapse of the US and hyperinflation of the dollar.

If you want to check out the entire thread from 2018, see here: 1 Satoshi will be equal to 1 Dollar

[wheelz1200]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

At this point nothing would be impossible.  If you said bitcoin would be 30k ish in 10 years, 10 years ago no one would have believed you....so never say never just going to need a lot more pushing to do so.

[philipma1957]

last I looked all the money in the world is about 300 to 400 trillion usd.

so lets do inflation and in 20 years that number is 700 to 900 trillion usd.


lets say we are up to 19.5 million BTC in 20 years.

lets say BTC is ½ the worlds wealth it would be 450 trillion / 19.5 million

450,000,000,000,000/19,500,000 = 23,076,923.07 A coin x 0.00000001

23 cents a sat is not impossible in 20 years but I doubt a lot.

[lichig]

Since the question was asked several times before, I would like to quote @o_e_l_e_o here:

For 1 satoshi to equal 1 dollar, the total market cap of Bitcoin alone (never mind the rest of the market) would be 2,100 trillion dollars, which is more than 20x the GDP of the entire world. The only way it could ever happen is with collapse of the US and hyperinflation of the dollar.

This is the answer I was looking for. Solid response based on hard data. Thank you guys.

[fadhilz123]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

10-20 Years is a really long time. If you based on the chart that bitcoin ROI is about 24763% of the price since launch, it's mean 247.63x the initial price. And this only takes about 10 years. So what will happen in the next 10 years or maybe 20 years?? No one knows, but I'm sure that is possible that 1 satoshi equals $1,  When?? 20years,30 years, or more??  No one knows

Edit: Almost impossible 1 satoshi equal $1. the answer below change my mind

Right now if you make a bitcoin transaction you need to spare 3000 Satoshi and we could get it confirmed in a few hours, how many dollars you are planning to shell out as transaction fees and with these restrictions there is no way we will see those valuation until we find some magical scaling solution where you can send bitcoin with a few satoshi.

[jossiel]

10-20 Years is a really long time. If you based on the chart that bitcoin ROI is about 24763% of the price since launch, it's mean 247.63x the initial price. And this only takes about 10 years. So what will happen in the next 10 years or maybe 20 years?? No one knows, but I'm sure that is possible that 1 satoshi equals $1,  When?? 20years,30 years, or more??  No one knows

There is no assurance that it will take exact 10 years for bitcoin to become 1 sats = $1. The current value of a dollar is decreasing and its equivalent to satoshi is this,

$1 = 2950 satoshis.
https://youmeandbtc.com/bitcoin-converter/convert-btc-mbtc-bits-satoshis-usd/

There really is the possibility but we'll never know when or we still have it if that time happens. It can be earlier or later after those estimated years.

[Oasisman]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

It could be but the chances are slim to none, and 10-20 years is way too early for that.
Considering the limited supply of Bitcoin, the market cap could increase several trillions of dollars.
One thing to take note is the inflation rate during that time. $1 might be 10x lesser than how it's valued today.
Nevertheless, we're talking about the impossible at least at our current time line.

[blckhawk]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

If we talk about how much odd we will get from 1$ equivalent 1 sat is more likely impossible. Yes, Bitcoin does have a finite supply but I don't think this would be enough to reach that way and even if the world already adapts Bitcoin(I mean literally across the world is using Bitcoin) this wouldn't be enough. Honestly, I want also to believe, the fact that no one will happen in the future anyway so there's might be a slight chance, perhaps .1%. Imagine if that happened those who believed will become instantly billionaire or even more than that. That is an insane amount. However, 10-20 years is not enough probably a couple of decades will do.

[justdimin]

This has been talked about for years and it was always the same answer by almost everyone. It is not "impossible" for bitcoin to be there, it is totally doable and I would definitely assume the price would be there eventually one day, maybe 20 years later, maybe 30 but it will be there one day. However at the current levels, we are not looking at anything remotely that way, it is impossible for price to be there anytime soon.

The reason why people ask these questions is the fact that the amount of satoshis they have is very little, maybe few thousand, maybe tens of thousands but that's about it, it is always the people we do not have over 1+ bitcoin, that means they hope that if one day 1 satoshi equals 1 dollars, then they could get rich and that is how they could profit from it, and they know as long as bitcoin is under 200-300k that means even if it goes up to 200k, they are not going to be rich.

[buwaytress]

1 sat = 1 cent is the scenario I've fantasised about, to be honest. I'm not sure I'll like the scenarios that would make that possible though (for instance, if $1 million then only buys 10k worth today haha).

But like Pharmacist says, I'm not sure what not to rule out anymore. Crypto attracts the craziest and people with the riskiest behaviour, $100 million Bitcoin perhaps isn't even stretching the realm of what's possible with magic internet money.

[teosanru]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

Financially yes, but I have a question here from the tech experts. I feel that scaling would become a serious issue if we reach upto this extent. The reason why I am saying this is because the price will come only with adoption and we just saw some adoption and the fees went all the way upto 12-15$ now if one sat reaches to 1$ for every byte of transaction you will have to pay a fee of 20-30$ this would mean whopping fees for each transaction and ideally would render bitcoin unusable. Is this correct or am I thinking it the wrong way? I know LN is an option but even that wouldn't reduce the fees this low.

[Obito]

1 sat = 1 cent is the scenario I've fantasised about, to be honest. I'm not sure I'll like the scenarios that would make that possible though (for instance, if $1 million then only buys 10k worth today haha).

But like Pharmacist says, I'm not sure what not to rule out anymore. Crypto attracts the craziest and people with the riskiest behaviour, $100 million Bitcoin perhaps isn't even stretching the realm of what's possible with magic internet money.

That's like the dream for bitcoin enthusiasts although 1:1 satoshi to USD is impossible in my opinion but I do trust bitcoin that it may reach around that price or at least near or a 1/4 of that price, what I worry about is that we might reach reality that bitcoin will stabilize and the prices will never go up nor down anymore, in short we will be on a flat line market. I think that it is a selling point for bitcoin that it attracts the risky people that has the money to risk.

[rodskee]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

It has Been asked for couple of times , Yet the answer is the same , If the Satoshi will be equivalent to 1 dollar , this means the value of 1 Bitcoin will be? if you know that then you have already the answer , and that is Not today or even tomorrow .
in the other years lets see but don't expect this soon.

Though Nothing is impossible specially to the growing value of Bitcoin , But living to wait for this may took you a  lifetime so why not focus on more appropriate and reliable investment than this?

[bitgov]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

Of course, there is such a possibility, I will say more, in my opinion it is very probable. However, we must remember that Bitcoin is the first cryptocurrency and it can be said that it is still an experiment. With such projects, there is a risk that something that we are not able to predict at the moment will happen in a few or a dozen years. I think that one of the biggest threats to the realization of the plan to achieve the price of $1 for 1 satoshi is the technological development itself, which in 10 or 20 years could bring an even better solution than Bitcoin.

[cabron]

Anything is possible in crypto, you notice one day a coin is dead but soon revived. 1 Sat = 1 Cent may just be possible but one thing lead to another and $1 could be. The users back in 2010 didn't expect BTC to be $20k in few years but look how much it is today and we are still very early because the adoption hasn't yet started massively.

[Fundamentals Of]

For me it is not at all possible. Stop those wishful thinking and speculate objectively and with grounded bases. There is no foundation, much less solid, for that to happen in the next 10 to 20 years. Not even in the next 30 years I think. Let's try to be realistic .

It is possible for Bitcoin to reach $1,000,000 in the next 40 years. But even with this very high price 1 sat is only 0.01 cents. 

[philipma1957]

This has been talked about for years and it was always the same answer by almost everyone. It is not "impossible" for bitcoin to be there, it is totally doable and I would definitely assume the price would be there eventually one day, maybe 20 years later, maybe 30 but it will be there one day. However at the current levels, we are not looking at anything remotely that way, it is impossible for price to be there anytime soon.

The reason why people ask these questions is the fact that the amount of satoshis they have is very little, maybe few thousand, maybe tens of thousands but that's about it, it is always the people we do not have over 1+ bitcoin, that means they hope that if one day 1 satoshi equals 1 dollars, then they could get rich and that is how they could profit from it, and they know as long as bitcoin is under 200-300k that means even if it goes up to 200k, they are not going to be rich.

This is pretty accurate.

If you tag inflation into the picture

 I think in 10 years or so the dollar will be worth 50 cents.  btc will at worst match inflation so 37k becomes 74k
 I think in 20 years or so the dollar will be worth 25 cents.  btc will at worst match inflation so 74k becomes 148k

the world wealth in dollar terms will be

 300-400    trillion now           btc is .227% .681trillion/300 trillion
 

so if btc can gain to 1% of the world worth  in  a month it becomes  4.4 x bigger or 2.996 trillion or 161,128 a coin even if that happens and it goes 2x in ten years for inflation it is 322256 usd in 2031. and 644512 usd in 2041


I do think it can grow to 1% or the world wealth over the next 2-3 years

But my earlier posts show that it needs to growth to 50% of the world wealth by 2041 and inflation of 4x from now until then to reach 23 cents a sat.

I would guess it will never reach 5% of the worlds wealth but lets look at gold

it is 7.3 to 10 trillion so 10/300 = 3.3% high number 7.3/400 1.825% low number.

if btc      is .227% of the worlds wealth
and gold is 3.3% of the worlds wealth

then the question becomes can btc reach 3.3% of the worlds wealth in 20 years I would say yes it can.

and if the world is worth 1200 trillion in 2041 and btc is 3.3% of the worlds wealth  then btc = 39.6 trillion or 39,600,000,000,000/19500000 = 2,030,769


so the high number I get for 2041 is 2,030,769 a coin  which is  2 cents a sat.

[Febo]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

Unless USD drastically lose value no. That would mean a marketcap of $210 trillion.  Whole USD M2 money supply today is less then $20 trillion. All gold in the world is worth about $11 trillion.

[philipma1957]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

Unless USD drastically lose value no. That would mean a marketcap of $210 trillion.  Whole USD M2 money supply today is less then $20 trillion. All gold in the world is worth about $11 trillion.

It should never get better than gold but to reach the % gold does. 3.3-4% of the world worth  the 0.227% it is now is possible.

[lichig]

Unless USD drastically lose value no. That would mean a marketcap of $210 trillion.  Whole USD M2 money supply today is less then $20 trillion. All gold in the world is worth about $11 trillion.

Thanks Febo
I'm curious, where does that data comes from?

[notblox1]

Hi there,

What do you guys think are the chances that at long term (say 10~20 years) 1 sat could be valued 1 US dollar?
Is there any solid foundation supporting that Bitcoin price in the future?

Thanks.

One satoshi is currently around $0.0004 but anything is possible with brrr inflation and all time high money printing all over the world.
More realistic but still dreamy scenario would be for one satoshi to be one cent or $0.1 but I don't expect this until the next halving, and real question is what will happen with all fiat currencies including dollar.

[serjent05]

Looking at the history of Bitcoin, it actually started as a worthless piece of a program  since no one bought a 10k BTC commulatively auctioned by smoketoomuch for $50 back on March 2010, but after after 11 years, Bitcoin reaches an ATH of $40k.  $1 per satoshi may look impossible but tracing back the history of Bitcoin, it may be possible one day in the far future.

[Febo]

Unless USD drastically lose value no. That would mean a marketcap of $210 trillion.  Whole USD M2 money supply today is less then $20 trillion. All gold in the world is worth about $11 trillion.

Thanks Febo
I'm curious, where does that data comes from?

Well when you google all gold in existence you might get: https://en.wikipedia.org/wiki/Gold_reserve   Then you multiply that 190k tons with price that is around $60k per kilo  you will get a bit more than $11 trillions.

Then you google M2 money supply and you get: https://fred.stlouisfed.org/series/M2
You may notic it went x10 in last 40 years and made nice leg up last year because of pandemic printing.

[diazepam666]

Looking at the history of Bitcoin, it actually started as a worthless piece of a program  since no one bought a 10k BTC commulatively auctioned by smoketoomuch for $50 back on March 2010, but after after 11 years, Bitcoin reaches an ATH of $40k.  $1 per satoshi may look impossible but tracing back the history of Bitcoin, it may be possible one day in the far future.

Obviously, You are right to said and It will possible on far future so once it will happen. Bitcoin is rule the world and it will reached globalized. Once it will accepting globalize, automatically number regulation is possible in Bitcoin so I never think 1sat= 1USD. Majority of peoples are expecting after 10 to 20 years later it will be possible in crypto economy. But I am sure it is impossible in reality.

[acener]

For 1 sat to be $1 the BTC price would need to reach $100M and it is too far right now.
For me I think it would be impossible for us to see it,
Even if it would happen I think it would be too far from this generation it would take too much time before it goes that high if it would ever go that high.

[Janation]

That could happen but it would be a long time.

There are a lot of price pumps that already happen and considering how high those are, I could say that this could happen in the future. Because if we will be talking about 1 sat being equal to $1, that also means that the price of Bitcoin is at $100M. Just imagine the price pump if we will be even talking about $1M per Bitcoin.

[LogitechMouse]

We've seen DOGE pump in an instant. That is a coin with an infinite number of supply and yet they managed to pump it.

I'm doubtful with this phrase back in the years where Bitcoin's price is only at 4 digits but now that I saw what can happen to Bitcoin, I think that this is possible. It is only a matter of when it will happen. We've seen Bitcoin double its price in less than one month and more movements like this might happen in the future. Long term we expect Bitcoin to be increasing and with its finite supply, for sure this scenario will happen.

[stompix]

Before that will happen we would have to add a few more zeros and get another unit like the millisatoshi on the LN although it could have its own name like nakami or something   I think. Even the cheapest and smallest possible transaction with 1 input and output would cost 150$ , if we do it by today's next block fees the smallest tx will cost you 16352 satoshi, which would be $16k.

But 1$ per satoshi? When that comes I have a feeling you would stop counting bills and just weigh them so we would probably have to compare it to something else.

We've seen DOGE pump in an instant. That is a coin with an infinite number of supply and yet they managed to pump it.

Doge currently prints ~14.4 mil coins a day, which's just around $600k, Bitcoin's block rewards for the last 24 hours were around 32 million.
So in terms of $ it will take doge about 180 years to print as many coins as bitcoin is going to till the next halving.

le: fixed huge typo

[buwaytress]

That's like the dream for bitcoin enthusiasts although 1:1 satoshi to USD is impossible in my opinion but I do trust bitcoin that it may reach around that price or at least near or a 1/4 of that price, what I worry about is that we might reach reality that bitcoin will stabilize and the prices will never go up nor down anymore, in short we will be on a flat line market. I think that it is a selling point for bitcoin that it attracts the risky people that has the money to risk.

Like I said, I'm not sure what's impossible anymore. Even what's realistic is up for debate given developments over the past few years. But yeah, 1:1 (cent) still seems a bit on the side of extreme to me, never mind 1 dollar!

I wouldn't worry either, if Bitcoin "stabilizes" -- if it even becomes as "stable" as gold, we're good. There is no flat line market; now THAT would be impossible.

[Murpheus]

First of all....
How many decimal places does 1BTC have??

8 right??
In order words are you saying Bitcoin will rise to $100,000,000

No man not possible....

[Murpheus]

For me it is not at all possible. Stop those wishful thinking and speculate objectively and with grounded bases. There is no foundation, much less solid, for that to happen in the next 10 to 20 years. Not even in the next 30 years I think. Let's try to be realistic .

It is possible for Bitcoin to reach $1,000,000 in the next 40 years. But even with this very high price 1 sat is only 0.01 cents.  

and come to think of it this way again....
there are 21million Bitcoin in total....(eventually after all the mining)
if 1 sat equals $1 which equals $100,000,000 per 1BTC...
That would be a total of $(21,000,000 × 100,000,000)

thats an unrealistic sum of money sitting on just one instrumen!!
except we would find a gold rich asteroid to mine  

[el kaka22]

Before that will happen we would have to add a few more zeros and get another unit like the millisatoshi on the LN although it could have its own name like nakami or something  I think w Even the cheapest and smallest possible transaction with 1 input and output would cost 150$ , if we do it by today's next block fees the smallest tx will cost you 16352 satoshi, which would be $16k.

But 1$ per satoshi? When that comes I have a feeling you would stop counting bills and just weigh them so we would probably have to compare it to something else.

I think if we reach to those levels, which I think will not happen anytime soon, maybe not even in my life time, we could probably have not just lower decimals that would make things easier and basically solve the situation already, but we would probably have only rich people with high end investments going into bitcoin with people who look into few bucks stuff go into lower and lower ranked coins.

By that time ethereum would probably be super high as well, so will xrp and ltc and all the other big coins we know of, and that is why it wouldn't be really that shocking to see people using things like tron for moving money around, maybe even a thing that doesn't exist today that would make it simpler and easier to move money around and exchange it to anything you want afterwards with very cheap costs. I just think that we are not going to have that problem anytime soon, 1 satoshi per dollar is waaaaay away from us.

[LUCKMCFLY]

Of course it can happen, in the crypto world anything is possible, the time will come when it will be like that and it will be worth that, for now we just have to wait, after seeing that the pumps are so impressive, Bitcoin has much more millionaires. Just be patient and don't despair.