Fiat is a race to the bottom - it's designed to be debased in perpetuity. Therefore, because bitcoin supply is capped, its price in USD terms can and will reach any number you pick. Granted, by the time 1 BTC is worth $1M, USD might not even be used anymore.
We would need a 100Million market cap The average human being @50k per year, makes 1million during their lifetime Basically a dollar per sat can be achieved meaning any btc owner just needs 0.01+
http://satcentparity.com
Wow I love bitcoiners
I've already tasted it when it hit 1 million rand/67k USD here in South Africa and let me tell you for that brief moment it was glorious
If (when) the 1 BTC value = $1,000,000.00 US dollars.... 1 sat = $0.01
0.00000001 x 1,000,000.00 = 0.01
$24,000 --- > $1,000,000
I think it could happen in 10-15 years
Yes, yes I do... likely much more in 10-15 years.
So what, 40x?
2030 this will have happened
Depends when fiat world implodes.
I think it'll happen sooner than people think.
Fiat is a race to the bottom - it's designed to be debased in perpetuity. Therefore, because bitcoin supply is capped, its price in USD terms can and will reach any number you pick. Granted, by the time 1 BTC is worth $1M, USD might not even be used anymore.
By the time it does 1 cent wont be worth shit anyway
We will need to start measuring it in purchasing power if you want to compare it to something
It can, It will.
I don't know when it will happen but I do know it's inevitable
No but a Cent will reach a Sat one day
1btc = 100m sats = 100b minisats
We would need a 100Million market cap
The average human being @50k per year, makes 1million during their lifetime
Basically a dollar per sat can be achieved meaning any btc owner just needs 0.01+
Only when Dollar devalues a lot - unrealistic by Bitcoin increasing alone.
people used to ask if 1 satoshi could hit $1
Time to Rebrand Bitcoin as “Cheaper”?
It looks very cheap
https://coinmarketcap.com/currencies/satoshi/
deleted by author