Do you see individual satoshi becoming valuable?

[libert19]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

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[philipma1957]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

No. I think BTC  tops out at 10 to 15 million.. Which means 15 cents per sat.

Check my math.

0.00000001.  100 million sats to a coin . so 100mill x 15 cents you got a 15 million dollar coin.

with a 15 cent sat. maybe in 2050 to 2060 it happens.

[sunsilk]

As Philip is able to explain the sats to Bitcoin conversion for each sat into centavo. I also think that it's going to take time if each sats will have value in the future.

To make it short, and for other calculation. It's going to be with a dollar per satoshi.

1 BTC = 100M sats = $100M to make it at least $1 per sat.

And if it's going to be in cents as per philip's calculation, that's still going to require a lot of price and market cap for Bitcoin to achieve it.

[OcTradism]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

Each satoshi will become more valuable with time with a condition that Bitcoin will be stronger with time and being stronger means bigger adoption and higher value.

The bullish case for Bitcoin. I believe you have been in Bitcoin market and the Bitcointalk forum long enough to know about this article but I share it as I see it is helpful for newbies.

Make your plan with future halvings: 2028, 2032, 2036, 2040, 2044, 2048, 2052, 2056 and 2060.

https://buybitcoinworldwide.com/halving/#calculator

See Controlled supply and see how many % of Bitcoin total supply will be left after each of those halvings.

[Churchillvv]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

This probably sounds similar to this thread Can 1 satoshi be worth $1 in the future? because the value you're talking about is probably price so it kinda similar to me.

An individual Satoshi can be valuable in future if only BTC1 Bitcoin can reach a solid amount of $100 Million dollars per Bitcoin according to an estimate by @who is John Gait

$1 million for a bitcoin makes 1 satoshi for 1¢. For 1 satoshi to be $1, one bitcoin must be worth 100 million.

[gunhell16]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

No. I think BTC  tops out at 10 to 15 million.. Which means 15 cents per sat.

Check my math.

0.00000001.  100 million sats to a coin . so 100mill x 15 cents you got a 15 million dollar coin.

with a 15 cent sat. maybe in 2050 to 2060 it happens.

You even calculated that; I didn't think of that, but it sounds good. That's why I don't know if I'll still be alive in the year 2050; I'll probably be gone from this world when that happens.

Well, anyway, if we really think highly of Bitcoin, we will really appreciate every single sats of it and hold it until our last breath in this world, as long as we have a sense of what we are doing here in the Bitcoin industry field.

[franky1]

because of tx fees no one will be able to spend just 1 sat. where the recipient then sees utility/ability in that 1 sat.
its like metal pennies even though the cost to physically make 1 penny is more cost then the pennies price. no one wants to pay people in pennies
however gathering up pennies and making them into a larger bar. then has more value/utility


with the applications of ETF where they are selling shares in decimals of 1btc. people wont measure in "btc" but in bits(100sat) or bitcent(0.01btc)
much like no one measures gold in bars or Kilograms. but instead in ounces

however the utility of gold dust/grams is not something people value as single units

[moneystery]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

No. I think BTC  tops out at 10 to 15 million.. Which means 15 cents per sat.

Check my math.

0.00000001.  100 million sats to a coin . so 100mill x 15 cents you got a 15 million dollar coin.

with a 15 cent sat. maybe in 2050 to 2060 it happens.

this calculation is quite reasonable in my opinion. considering that it has been 14 years since bitcoin was introduced, but we are still trading in larger forms, and when we want to trade it in smaller forms it may take us decades to achieve that.

fortunately, if i count my age now, i still have the chance to live to see this happen. so i'm very optimistic to see this happen.

[philipma1957]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

No. I think BTC  tops out at 10 to 15 million.. Which means 15 cents per sat.

Check my math.

0.00000001.  100 million sats to a coin . so 100mill x 15 cents you got a 15 million dollar coin.

with a 15 cent sat. maybe in 2050 to 2060 it happens.

You even calculated that; I didn't think of that, but it sounds good. That's why I don't know if I'll still be alive in the year 2050; I'll probably be gone from this world when that happens.

Well, anyway, if we really think highly of Bitcoin, we will really appreciate every single sats of it and hold it until our last breath in this world, as long as we have a sense of what we are doing here in the Bitcoin industry field.

I was born in 1957 in 2050 I will be 93. and in 2060 I will be 103.

Since the oldest male in my family reach 93 and was in good shape til he was 92 maybe I make 2050.

I do not think 2060 is in the cards 💳

[yhiaali3]

It is practically difficult for individual Satoshis to become of great value in the future because we have large numbers of Satoshis, where every 1 Bitcoin contains 100 million Satoshis. This requires that the value of Bitcoins become millions of dollars in order for individual Satoshis to obtain great value.

According to the economic factors known to everyone, Bitcoin is difficult to exceed a million dollars by much, and even if we assume that it reaches 10 million dollars in the distant future, the value of 1 satoshi will remain rather low, not exceeding 10 cents.

[franky1]

No. I think BTC  tops out at 10 to 15 million.. Which means 15 cents per sat.

Check my math.

0.00000001.  100 million sats to a coin . so 100mill x 15 cents you got a 15 million dollar coin.

with a 15 cent sat. maybe in 2050 to 2060 it happens.

i dont care for merit. so when i give it i give big. just to use it up

if one sat became $0.15 (1btc=$15m)

if one tx was 1sat/byte and the leanest tx is 226bytes.. it would cost $33.90
if one tx was 10sat/byte and the leanest tx is 226bytes.. it would cost $339

who would use bitcoin if it cost $339 per tx even at just 10sat/byte

we would need to move the sat/byte to say/kb where tx priority bidding starts at xsat per 100byte
meaning a 226byte tx is 3sat per '1sat per 100byte' meaning $0.30
meaning a 226byte tx is 23sat per '10sat per 100byte' meaning $3.00

as for the math of 2050-2060 of a $15m btc .. is actually reasonable
but i do see people in many topics that think $10m will happen within the decade or next 6 years(2 halvings).
well im sorry it wont happen that soon

what people have to realise is that we are not going to see 20x per ATH cycle
we wont be $37.5k->$750k->$15m meaning 15m within a decade.. sorry i just dont see it

we are instead already seeing
$0.30->$30->$1200->$20k->$70k
           100x     40x      16k      3.5x

we are slowing down on the multiples
i dont see 2025 ATH being $750k or $15m.. i see it 2025 as 3x of last ATH so around $210k
i dont see 2029 ATH being $750k or $15m.. i see it 2029 as 2.5x of last ATH so under $525k
i dont see 2033 ATH being $750k or $15m.. i see it 2033 as 2.25x of last ATH so under $1.18m
and then just
     2x                     1.8x                     1.6x                   1.4x                    1.2x
2037: $2.36m    2041: $4.248m     2045:$6.8m      2049:$9.51m       2053:$11.41m

then flatlines (tx fee's take over mining reward)
meaning a $10m+ wont happen before 2050

[pooya87]

who would use bitcoin if it cost $339 per tx even at just 10sat/byte

It depends on how much $339 is worth
Considering how dedollarisation has been speeding up and how possible it is to see dollar value tanking hard, bitcoin reaching millions against dollar is not as far a you'd think. After all the current transaction fees of 1 sat/vbyte is about 300 in a bunch of currencies like the Colombian Peso

[ImThour]

Chances are low for each satoshi to become valuable. As someone else did the math in this thread, it requires Bitcoin to reach $15 Million before one satoshi is at $0.15 which is not even half a dollar. So that makes it individually not worth anything. However, keep collecting sats and soon it will be a good huge amount. And yes, TX fee needs to be low if you want everyone to use Bitcoin. That's also a problem that needs to be fixed.

[franky1]

who would use bitcoin if it cost $339 per tx even at just 10sat/byte

It depends on how much $339 is worth
Considering how dedollarisation has been speeding up and how possible it is to see dollar value tanking hard, bitcoin reaching millions against dollar is not as far a you'd think. After all the current transaction fees of 1 sat/vbyte is about 300 in a bunch of currencies like the Colombian Peso

lets inflate it
imagine tx fee this spring was 1x bread loaf earlier this year with not much complaint ($2) so consider that the "normal" feeling pre meme junk

2023 $2 breadloaf at a 2% inflation is $3.38 in 2050 so $339=100 loaves
2023 $2 breadloaf at a 4% inflation is $5.99 in 2050 so $339=56 loaves
2023 $2 breadloaf at a 6% inflation is $10.22 in 2050 so $339=33 loaves
2023 $2 breadloaf at a 8% inflation is $17.25 in 2050 so $339=19 loaves
2023 $2 breadloaf at a 10% inflation is $28.84 in 2050 so $339=11 loaves
2023 $2 breadloaf at a 20% inflation is $329.86 in 2050 so $339=1 loaf

inflation needs to perpetually be 20% a year for the next 27 years for a $339 fee to feel "normal" equivalent to a loaf of bread
where as rationally it would be 2-6% inflation of fiat. meaning tx fee's will feel 33-100x above "normal" use

[mk4]

who would use bitcoin if it cost $339 per tx even at just 10sat/byte

This is assuming that by that time no one has figured out a decent way of getting people to transact with bitcoin without paying base-chain fees after every single transaction, yea? If we're talking about decades from now, we should have figured something out by then.

[franky1]

who would use bitcoin if it cost $339 per tx even at just 10sat/byte

This is assuming that by that time no one has figured out a decent way of getting people to transact with bitcoin without paying base-chain fees after every single transaction, yea? If we're talking about decades from now, we should have figured something out by then.

this is just about 1 tx at 10sat per byte...
its not talking about the total fees for the block of all tx added up to whatever scaled blocksize of "every single transaction"

as i stated in other post without even figuring out scaling blocksize to fit more tx. we would need to scale down the sat per tx fee

we would need to move the sat/byte to say/kb where tx priority bidding starts at xsat per 100byte
meaning a 226byte tx is 3sat per '1sat per 100byte' meaning $0.30
meaning a 226byte tx is 23sat per '10sat per 100byte' meaning $3.00

the node software right now already is defaulted to start 'fee priority' bidding in whole sats and whole byte amounts
where its 1000sat/kb that increment in 1000sat/kb amounts.. to be the 1sat 2sat increments per byte

we need to start at 100sat/kb(23sat for lean tx) incrementing per 10sat/kb instead of 1000sat/kb
then in years
we need to start at 10sat/kb(3sat for lean tx) incrementing per 1sat/kb instead of 1000sat/kb

[EarnOnVictor]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

If you are sensitive to the value of Satoshi itself, you will discover that it is increasing and this is normal. Satoshi is the smallest unit of Bitcoin, so it's Bitcoin itself but in a minute small amount, therefore as the value of Bitcoin appreciates, it's technically right for the value of Satoshi to rise. The same thing goes for when it decreases.

And now, Bitcoin appreciates and has good future prospects, so yes, Satoshi's value will rise in the future.

Earlier than this, if you noticed the value of Satoshi, let's say late last year till early this year, each Satoshi was worth about $0.03, but now, it's $0.04+. This is because the value of Bitcoin has increased, and it will continue to grow if Bitcoin grows.

[Lucius]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

Well, this whole frenzy about ordinals has shown that some people think that individual satoshis can be worth a lot of money, regardless of the current price of BTC, halvings or anything else. It's not something interesting to me personally, but I can understand that some people want to monetize everything possible that has to do with Bitcoin.

Besides, I don't see the reason why people are so obsessed with how much one satoshi will be worth in the future - why look at things at such a low level? Perhaps it would be easiest to conclude that every satoshi you have today will be worth a lot more in the future, and everything else is just speculation and throwing around random numbers.

[Jegileman]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

As long as bitcoin price continues to appreciate, the worth of each Satoshi will continue to increase with time. But achieving such a very big and reasonable amount that a Satoshi will worth will take several years for that to happen. For Satoshi to worth at least a reasonable amount, 1BTC must have worth at least a 100 million dollar, isn’t that not a long time to come from now? It can be possible, but for how long will it take for that to happen, maybe we will be no more to witness it.

[mvdheuvel1983]

As each halving is passing and this block reward decrease has started sounding like a big deal to me. Does anyone else also see individual satoshi becoming valuable in future?

No. I think BTC  tops out at 10 to 15 million.. Which means 15 cents per sat.

Check my math.

0.00000001.  100 million sats to a coin . so 100mill x 15 cents you got a 15 million dollar coin.

with a 15 cent sat. maybe in 2050 to 2060 it happens.

This math is a bit difficult for me to comprehend. But if I got you, do you mean that, 1 Satoshi will be worth 15 million dollar?