Post
Topic
Board Speculation
Re: What will happen when 1 satoshi is $ 1?
by
Argoo
on 09/05/2018, 16:53:46 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?
Since one bitcoin is one hundred million satosh, then if one satosh is equal to one dollar, then bitcoin will cost one hundred million dollars. It is safe to say that bitcoin will never reach such a price. There will always be different situations, as a result of which bitcoin can not reach large price values. In addition, there will always be alarmists who, in difficult situations, will sell bitcoin and it will drop in price, down to a very low cost.