When Bitcoin hits $1 million each sat will be worth 1 cent

[NomadTheSavior]

Should we refer to this upcoming event as the centening?

[Free Market Capitalist]

I believe that reaching 1 million will be important and symbolic enough. I don't think by then the news will be that, that 1 sat=$0.01, but that 1BTC=$1M.

[fikrett]

^ Bigger numbers make bigger headlines, I agree with your take.

Everybody will talk mostly about the price itself, and how we ended up with it.

[_act_]

I believe that reaching 1 million will be important and symbolic enough. I don't think by then the news will be that, that 1 sat=$0.01, but that 1BTC=$1M.

This is what will be everywhere but some people think that it is very possible that people will not be using bitcoin for the price and use sat instead as bitcoin price is increasing but which I do not find to be true. You can see what they are proposing with the BIP177 recently which they want to make sat to become bitcoin instead but which is totally nonsense.

[AVE5]

I believe that reaching 1 million will be important and symbolic enough. I don't think by then the news will be that, that 1 sat=$0.01, but that 1BTC=$1M.

This is what will be everywhere but some people think that it is very possible that people will not be using bitcoin for the price and use sat instead as bitcoin price is increasing but which I do not find to be true. You can see what they are proposing with the BIP177 recently which they want to make sat to become bitcoin instead but which is totally nonsense.

Bitcoin will still be useful and reigning as the most reliance and potential hedge to store values at any cost of it price.
$1,000,000 per bitcoin is of course an anticipation in the future and that high increase is what proves it the hedge against inflation because of it sustainability of valuable increases while the stock remains fragile.
And that point of it getting to such huge amount of $1,000,000 doesn't mean the average ones can't buy it rather the greeds will feel low esteem with their little fractions.
But for Satoshi to be reformed in replacement of bitcoin is what could riddle bitcoin but I doubt if such news will come to reality.

[adultcrypto]

I believe that reaching 1 million will be important and symbolic enough. I don't think by then the news will be that, that 1 sat=$0.01, but that 1BTC=$1M.

You are right because bitcoin is still more popular than sat and not many people even know what sat mean except those who have good knowledge of bitcoin and its denominations. Like you said, it is more prominent to say that bitcoin is priced at $1 million per coin than saying that 1 sat is priced at 1 cent. Let's give bitcoin the praise it deserve so that those who doubted this will bury their heads in shame seeing what opportunity they missed due to their ego and doubt.

[PrivacyG]

You are right because bitcoin is still more popular than sat and not many people even know what sat mean except those who have good knowledge of bitcoin and its denominations. Like you said, it is more prominent to say that bitcoin is priced at $1 million per coin than saying that 1 sat is priced at 1 cent. Let's give bitcoin the praise it deserve so that those who doubted this will bury their heads in shame seeing what opportunity they missed due to their ego and doubt.

Yes and no.  The higher one Bitcoin will be valued, the harder it becomes for the regular people to think in terms of 'Bitcoin'.  I do see a shift in the future.  If people used to think in terms of mBTC and such for smaller transactions such as maybe grocery shopping, it would be silly to think in Bitcoin if and when Bitcoin hits 1 MILLION dollars.  100 Satoshis for a dollar pack of gum seems easier than 0.000001 Bitcoin (say it out loud to think how silly it sounds, zero point zero zero zero zero zero one Bitcoin).

[Don Pedro Dinero]

Yes and no.  The higher one Bitcoin will be valued, the harder it becomes for the regular people to think in terms of 'Bitcoin'.  I do see a shift in the future.  If people used to think in terms of mBTC and such for smaller transactions such as maybe grocery shopping, it would be silly to think in Bitcoin if and when Bitcoin hits 1 MILLION dollars.  100 Satoshis for a dollar pack of gum seems easier than 0.000001 Bitcoin (say it out loud to think how silly it sounds, zero point zero zero zero zero zero one Bitcoin).

I don't see that shift in the future. Leaving aside scalability issues, I doubt people are going to buy packs of chewing gum with bitcoin when they have numerous alternatives for spending in fiat, and even if cryptocurrency payments become more common, I think stablecoins will be used for this type of transaction.

Spending bitcoin while not spending fiat doesn't seem very intelligent.

[un_rank]

...100 Satoshis for a dollar pack of gum seems easier than 0.000001 Bitcoin (say it out loud to think how silly it sounds, zero point zero zero zero zero zero one Bitcoin).

This is true, but for it to stick bitcoin needs to be way less volatile than it is now. Round numbers are useful for pricing and if bitcoin is to become more popular as a currency, smaller denominations have to be used more often. But if volatility is still a major issue, this cannot happen, imagine if the stores have to constantly change that from 100 sats to 104 and then to 97 within one day, this will discourage many from adopting it.

Only other solution is for bitcoin to be valued for goods directly and not as a pair of another currency. So the way you think of value of products in USD, you do the same in BTC, without first converting the value to fiat.

- Jay -

[hero_the_bossman]

Yes and no.  The higher one Bitcoin will be valued, the harder it becomes for the regular people to think in terms of 'Bitcoin'.  I do see a shift in the future.  If people used to think in terms of mBTC and such for smaller transactions such as maybe grocery shopping, it would be silly to think in Bitcoin if and when Bitcoin hits 1 MILLION dollars.  100 Satoshis for a dollar pack of gum seems easier than 0.000001 Bitcoin (say it out loud to think how silly it sounds, zero point zero zero zero zero zero one Bitcoin).

I don't see that shift in the future. Leaving aside scalability issues, I doubt people are going to buy packs of chewing gum with bitcoin when they have numerous alternatives for spending in fiat, and even if cryptocurrency payments become more common, I think stablecoins will be used for this type of transaction.

Spending bitcoin while not spending fiat doesn't seem very intelligent.

Yep. BTC may be used for bigger purchases, maybe - but probably not for Pizza / gum, for that, I am certain too.
 

[lionheart78]

Yep. BTC may be used for bigger purchases, maybe - but probably not for Pizza / gum, for that, I am certain too.
 

It is still used for micro-transactions, we cannot deny the fact that if we bought things in satoshi, we are still buying them in BTC.  I do not know how can one said that things won't be bought in BTC but in satoshi when satoshi is technically Bitcoin itself just the smallest unit.

...100 Satoshis for a dollar pack of gum seems easier than 0.000001 Bitcoin (say it out loud to think how silly it sounds, zero point zero zero zero zero zero one Bitcoin).

This is true, but for it to stick bitcoin needs to be way less volatile than it is now. Round numbers are useful for pricing and if bitcoin is to become more popular as a currency, smaller denominations have to be used more often. But if volatility is still a major issue, this cannot happen, imagine if the stores have to constantly change that from 100 sats to 104 and then to 97 within one day, this will discourage many from adopting it.

I do not think it wwould discourage stores from using Bitcoin as a mode of payment because there is this instant conversion service by a third party payment processor. so as soon as the price of the item is locked in BTC value, the amount is already converted to fiat currency in real-time.

Only other solution is for bitcoin to be valued for goods directly and not as a pair of another currency. So the way you think of value of products in USD, you do the same in BTC, without first converting the value to fiat.

That is brililliant enough but is inapplicable to the current system because everything is currently tied to fiat currency value.  Even BTC value is tied to it.

[fikrett]

Bitcoin is currently at its highest value in history in 2025. It has become one of the most valuable currencies in the cryptocurrency world and is ruling the crypto world. The price of Bitcoin will continue to increase, which will bring high profits to investors in the future.

Nobody denies that - but everybody speculates of what comes next and BTC will evolve from there.

And how others will shape the way we are going to take.

[asriloni]

The question is when? 

Will be very happy to see such moment. However, it means nothing if it will happen like a few decades later. Still hope to see BTC to cross 500k in the next decade. 

The next question will be wen each sat worth 1$? 

[hd49728]

Should we refer to this upcoming event as the centening?

Why is Bitcoin's supply limit set to 21 millions?

In that article, you can have this information.

Although Satoshi compares the price of Bitcoin to the Euro in his email, some simple mathematics indicates he may have had a much grander vision for Bitcoin—better explaining why the 21 million maximum figure was chosen.

At the time of Bitcoin's creation, the entire world's money supply stood at approximately $21 trillion. This figure, known as the M1 money supply, is made up of the total value of all the physical money in the world, including cash, coins, travelers' checks, and more.

If Bitcoin were to grow to become the single world currency—replacing all those that the M1 figure is comprised of—then each BTC would be worth $1 million. Because there are 100 million satoshi in each Bitcoin, this would place the value of each satoshi at $0.01.

An email.
Satoshi emails to Mike Hearn.

My choice for the number of coins and distribution schedule was an educated guess.  It was a difficult choice, because once the network is going it's locked in and we're stuck with it.  I wanted to pick something that would make prices similar to existing currencies, but without knowing the future, that's very hard.  I ended up picking something in the middle.  If Bitcoin remains a small niche, it'll be worth less per unit than existing currencies.  If you imagine it being used for some fraction of world commerce, then there's only going to be 21 million coins for the whole world, so it would be worth much more per unit.  Values are 64-bit integers with 8 decimal places, so 1 coin is represented internally as 100000000.  There's plenty of granularity if typical prices become small.  For example, if 0.001 is worth 1 Euro, then it might be easier to change where the decimal point is displayed, so if you had 1 Bitcoin it's now displayed as 1000, and 0.001 is displayed as 1.

Your task is whether you invest in Bitcoin, and whether you hold your bitcoin well over time and a lot of fud, up and down in the volatile market. Bitcoin will do remaining things for you and by holding your bitcoin tightly, you can enjoy Bitcoin growth in value, adoption and price.

[basepoker]

Optimistically 2028

Pessimistically 2032

[NomadTheSavior]

I believe that reaching 1 million will be important and symbolic enough. I don't think by then the news will be that, that 1 sat=$0.01, but that 1BTC=$1M.

That's very true that all the attention will be on Bitcoin hitting $1 million. I just notice no one ever brings up the fact that Bitcoin hitting $1 million means a sat would be worth 1 cent so it's just an interesting fact. I think the sat to cent parity will be talked about much more once people actually realize it but still it won't overshadow the commotion of Bitcoin hitting $1 million.

[NomadTheSavior]

I believe that reaching 1 million will be important and symbolic enough. I don't think by then the news will be that, that 1 sat=$0.01, but that 1BTC=$1M.

This is what will be everywhere but some people think that it is very possible that people will not be using bitcoin for the price and use sat instead as bitcoin price is increasing but which I do not find to be true. You can see what they are proposing with the BIP177 recently which they want to make sat to become bitcoin instead but which is totally nonsense.

Yeah that's not a good BIP, no longer using sat to discuss Bitcoins smallest unit would mess with the magic of Bitcoin.