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Author Topic: Do you see individual satoshi becoming valuable?  (Read 337 times)
DapanasFruit
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December 22, 2023, 01:46:34 AM
 #41



When we talk about one satoshi getting valuable...in my mind it must be $1 for each satoshi...and by that time we can say that indeed a satoshi can be worth something though by those years there are not a lot of things you can buy with $1. Anyway, the point is that as BTC continues to rise in terms of dollar price equivalent, so does a satoshi. On what year, will this happen that remains to seen and lucky are the people who are still alive for that big milestone.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 27, 2023, 09:46:28 PM
 #42



When we talk about one satoshi getting valuable...in my mind it must be $1 for each satoshi...and by that time we can say that indeed a satoshi can be worth something though by those years there are not a lot of things you can buy with $1. Anyway, the point is that as BTC continues to rise in terms of dollar price equivalent, so does a satoshi. On what year, will this happen that remains to seen and lucky are the people who are still alive for that big milestone.

If BTC becomes $1 usd per 1 sat that means it is 100 million a coin.

I simply do not see that in the next 12 years or even 24 years.

2024-2028 ATH pretend it goes to 430k that is 10x today maybe this is possible

2028-2032 ATH pretend it goes to 2 mill that is 45x today not so sure this will happen.

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December 28, 2023, 01:22:48 PM
 #43



When we talk about one satoshi getting valuable...in my mind it must be $1 for each satoshi...and by that time we can say that indeed a satoshi can be worth something though by those years there are not a lot of things you can buy with $1. Anyway, the point is that as BTC continues to rise in terms of dollar price equivalent, so does a satoshi. On what year, will this happen that remains to seen and lucky are the people who are still alive for that big milestone.

Right. Guessing when a satoshi might hit $1 is a bit like predicting the weather because. it depends on a bunch of stuff, like how much Bitcoin keeps growing and what's happening in the market. We can't say for sure which year this will happen, but it's a hot topic for folks keeping a close eye on the crypto scene. As Bitcoin gets more popular and valuable, the idea of a satoshi hitting $1 is causing some noise and making us wonder how it might shake up the money game.

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December 28, 2023, 03:25:41 PM
 #44

One can certainly hope right?! It that is the case then all of us would surely be very well off to do as we please Cheesy. That would be very cool to see happen, if we ever get to see that in our life time. That is a longgggg ways away though I mean we are talking nearly 30-40 years of HODLing, Bitcoin is not even this old yet. I suppose it is possible though! If each Sat was like $1 would be insaneee.

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December 30, 2023, 12:45:51 AM
 #45

When Bitcoin become the main currency used and there is no more fiat money, then people will definitely value 1 Sat. But as long as we still using fiat currency then Bitcoin should reach certain amount of price for Satoshi to be valuable, i.e Bitcoin need to be valued at $1 Million so the 1 Sat can be equal to 1 cents.

So, do I think this will happened?
Yes this could happened, but not in near future, it will be a long road.

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December 30, 2023, 01:30:01 AM
 #46

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, Satoshi is a unit of Bitcoin, so for me, overall it will really depend on the price of Bitcoin even in the future.
For me, it is becoming valuable for me especially if we will maintain the price and slowly increasing versus our fiat currencies right now that you can see the value are decreasing due to inflation.

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December 30, 2023, 01:56:04 AM
 #47

So, do I think this will happened?
Yes this could happened, but not in near future, it will be a long road.
It is a long road until we see that each satoshi is going to be valuable. But just like the pennies that we have, it's important to complete and entire thousand.

That's what I can see from it and it's just like a perspective of someone who values money. If you're going to look at the entirety of it, you see those calculations and that makes sense to see its worth.

Maybe a cent per satoshi might come but how much Bitcoin should be by that time?



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December 30, 2023, 02:14:39 AM
 #48

Right. Guessing when a satoshi might hit $1 is a bit like predicting the weather because. it depends on a bunch of stuff, like how much Bitcoin keeps growing and what's happening in the market. We can't say for sure which year this will happen, but it's a hot topic for folks keeping a close eye on the crypto scene. As Bitcoin gets more popular and valuable, the idea of a satoshi hitting $1 is causing some noise and making us wonder how it might shake up the money game.
I think currently almost everyone knows how many satoshis per Bitcoin (except newbies who are new to Bitcoin) and when someone says $1 for one Satoshi, that means one Bitcoin is one hundred million dollars. This is still a very long way to go for Bitcoin so everyone doesn't need to hope that this can happen in a short time, because Bitcoin itself is still not too close to the $100K range. So the story of how one Satoshi can reach $1, I think is a story of hope that has to be waited for quite a long time.

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December 30, 2023, 09:30:59 AM
Merited by fillippone (1)
 #49


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?

No ....... it can never be possible  to have 1sat=> $15M (unrealistic)

From the calculation above
Currently 1BTC = 100M sats I.e 100,000,000 sats= 1 btc

 Let's  assume 1 Btc is on $40,000
 Then 1 sat = 0.0004

When btc is on $100,000
 1sat = $0.001

BTC = $100,000,000
 then 1sat = $1.

Therefore ,Bitcoin must get to a price range of $100M for 1 sat to be $1 .

In his calculation he used  $15million as a worth of BTC
Then 1sats=$ 0.15
In cents  $1=100 cents
                 $0.15 = 15cents
So at $15million  price range of BTC  1sats= 15 cents or $0.5





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