Post
Topic
Board Speculation
Re: What will happen when 1 satoshi is $ 1?
by
fuckitall
on 09/04/2017, 03:04:10 UTC
What if bitcoin gains much more value than you anticipate? So what happens when 1 satoshi reaches the price of 1 dollar?
What kind of arrangement is made if payment is requested as Cent? Can the bitcoin core be modified?
In my opinion it will not happens .
Because about  100000 satoshi is equal to 1$ then you can think that if it will happen only when the price of bitcoin increase about one lakh time the current price . Which is Impossible for about 10-20 years .
But.if it would be then surely we will restricted to make transaction of minimum 10$ with 0.25satoshi fee of transaction

Quote
Oooh, good question!

When a satoshi is worth $1,  a bitcoin will be worth $100,000,000!

The second question I cannot answer, but I'm sure some other bloke here can!

Well being realistic to your query..i am in support of the above point 1 satoshi = 1 dollar...that means you asking to increase the value of the satoshi a lakh times...Which is not possible in the coming near future ? and if you ask me why so then read the second answer given by one of our friend...Coz if that happens so then 1 single bitcoin will be $100000000 that a pretty huge amount...to reach this time trade vol. of btc hae to shoot up like hell!!! like hel!!! Man