Every tiny piece of Bitcoin is worth it! - page 9.

joinfree

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Quote from: joinfree on October 13, 2019, 05:05:58 AM

Back in the days i used to disregard some pennies of my bitcoins in several exchanges thinking that these coins would never be worth it looking at its price at the moment. However, this idea came into my mind about some few weeks ago that what if Bitcoin reaches a double of its previous all time or even greater once this long awaited global adoption sets in.

Seriously this made me think twice and have made me roam through all my exchange accounts and wallets making sure that i have access to them in order to cash out all those pieces of bitcoin if they ever become worth it again. This may sound quite silly but i am quite optimistic about it Grin

Not every tiny bit of bitcoin is really worth something. are you trying to say that if you have 0.0000000234 BTC in your wallet, it is worth something ? And moreover, it is impossible to send such small amount from an exchange platform to your wallet. you might just be wasting your time in doing this.

Well remember, that the value of Bitcoin was once not up to a cent yet now it's so expensive not everybody can get his/her hands on one. With so many speculations of the price of bitcoin ever going over $100K+ you think such an amount would not be worth it someday. It's all a matter of time and patience mate, wait till we see the next two bitcoin halvings

Anonylz

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It makes me remember my encounter with btc during this last ATH, back in those days I did some transactions in perfect money using the btc payment option, so I had about $3-$4 worth of btc left,
I didn't feel the need to withdraw because it wasn't up to minimum withdrawal, but when btc hit ATH of $20k, I revisited my perfet money
account and boy was I glad I came back Grin

, I couldn't believe the amount, it was amazing to see how my small btc has grown in price.
So yeah every tiny piece of btc really worth it.

ChrisPop

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Definitely, man. Back in the days when it was under $1000 we never tought $3000 was possible, but now look where we are. The 100th part of a bitcoin is worth over 100 bucks, how incredible is that and who knows what Bitcoin has in store for us in the future? Shocked

Taking a bold prediction that Bitcoin price will reach $1M in the next 5-10 years that would be equal to 0.001 BTC=$1000. The potential is huge in Bitcoin and I'm talking about facts: the statistics show us that there are over 36 million millionaires in the world and Bitcoin has a limited supply of 21M units with 4M considered lost. Make the math and you'll quickly realise that if each one of the millionaires want 1 BTC, its price should be well beyond 1M Wink

joinfree

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Quote from: Pearls Before Swine on October 13, 2019, 07:22:42 AM

Op, you are right to think that way. I remember seeing a post a few years ago when I had first registered, and it showed how one of the first bitcoin faucets looked and what it was paying out. Suffice to say if one were to have claimed from that faucet regularly back then, they'd be pretty wealthy today with bitcoin where it's at. The takeaway message for me was to value those satoshis that one gets here and there, because you never know how much they're going to be worth years down the line.

I wish I could find that thread where I saw the old school faucet. If anyone can find it or something similar, it would bolster op's point.

Well i think TradeSatoshi still gives out some faucets though i have not made any cash out yet to know how legit it is but i know it's going on. You can try it out and see how much it's going to be worth in the next few years.

dothebeats

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Every single bit is needed in order to make a whole and this applies to everything, including bitcoin. Back in 2015 when bitcoin was at its low after the 2013 ATH, I spent 0.1 BTCs like it was nothing on dice and casinos. Fast forward to 2019, that same 0.1 BTC is worth $830 at the time of this writing, which made me regret spending it out of curing my OCD in seeing extra digits on my wallet. Had I known that bitcoin would go on and rise towards the moon, I wouldn’t have been careless and actually tried to save those coins that I lost in gambling.

mascherono

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Quote from: jakelyson on October 13, 2019, 11:15:13 AM

Quote from: Sebas.tian on October 13, 2019, 07:34:19 AM

Far back in 2016 I bought some coins in one of the most popular exchange then and forgets the coins, then after the bullish in 2017, I then remember that I had some coins left in the exchange, getting to the exchange I find thhatbi had some good money and then withdraw my coins with almost x1000 increased. The tiny pieces you see today are the oceans of your profit tomorrow. That experience thought me.many things and I love having pieces in exchanges this days against the future.

You got lucky for scoring x1000 increase and that exchange not closing or hacked. If I can remember right, there are a number of exchanges hacked in 2016.

Bits of bitcoins can only be worth it if it is stored securely on your own wallet and not in an Exchange wallet. There is too much risk storing bitcoin on an exchange. Then if you decide to withdraw it, exchanges will deduct withdrawal fees.

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Not every tiny bit of bitcoin is really worth something. are you trying to say that if you have 0.0000000234 BTC in your wallet, it is worth something ? And moreover, it is impossible to send such small amount from an exchange platform to your wallet. you might just be wasting your time in doing this.

You never really know. There was a time that people just throw away thousands of bitcoins for pizza. That 0.0000000234 BTC can be worthless right now, but it can worth something 5 or 10 years from now.

This happened a lot ago. Now bitcoin has come into a good position. People don't want to waste valuable bitcoin right now. LOL!

jakelyson

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Quote from: Sebas.tian on October 13, 2019, 07:34:19 AM

Far back in 2016 I bought some coins in one of the most popular exchange then and forgets the coins, then after the bullish in 2017, I then remember that I had some coins left in the exchange, getting to the exchange I find thhatbi had some good money and then withdraw my coins with almost x1000 increased. The tiny pieces you see today are the oceans of your profit tomorrow. That experience thought me.many things and I love having pieces in exchanges this days against the future.

You got lucky for scoring x1000 increase and that exchange not closing or hacked. If I can remember right, there are a number of exchanges hacked in 2016.

Bits of bitcoins can only be worth it if it is stored securely on your own wallet and not in an Exchange wallet. There is too much risk storing bitcoin on an exchange. Then if you decide to withdraw it, exchanges will deduct withdrawal fees.

Quote from: ?? on ??

Not every tiny bit of bitcoin is really worth something. are you trying to say that if you have 0.0000000234 BTC in your wallet, it is worth something ? And moreover, it is impossible to send such small amount from an exchange platform to your wallet. you might just be wasting your time in doing this.

You never really know. There was a time that people just throw away thousands of bitcoins for pizza. That 0.0000000234 BTC can be worthless right now, but it can worth something 5 or 10 years from now.

Capt00

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The value of you coins depends on the price and regardless if you have very tiny pieces of coins and the price will go double or triple then it’ll be worth it. Also exchanges did have minimum withdrawal limit thus, you should have withdrawn them or transferred all your coins to one exchange most especially now that we are waiting for the bull runs, those pieces will be worth something if the price will reach it’s all time high.

jhonjhon

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No matter how small it is, its all worth it. Before I used to disregard bitcoins and whenever I saved some from mining I spend it right away and then came to a point where I got tired of mining and stopped instead leaving a very few amount of bitcoin in my wallet but now when bitcoin became very popular and the price is getting bigger that’s when I realized that I should have saved those tiny amount of BTC, if only I saved them I should have profits now but it’s too late so now I made sure I manage my coins properly and not to do the same mistake anymore.

ReiMomo

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Absolutely! You are right. Even if it's a small amount if you save it in a long run it will have a great value and unlike fiat, bitcoin has a bigger value so you must keep every piece or even small amount of bitcoin that you have. That's what you need to practice in order for you to get a better profit. But I won't agree on OP that he/she has a different account on exchanges that have an asset, much better don't keep bitcoin because you don't know when they are going to close.

Leonardo7

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This was my neophytic" presumption in early 2017, I would just give out my bitcoin to a centralized system that pays out profit, they all scammed when I needed them most, that was when it done on me that I should never even invest in bitcoin cloud mining. Bitcoin should be held in high esteem. It's always very painful when we let it go so cheaply by not buying back.

enhu

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Well, a tiny piece is now worth claiming.

Quote from: eaLiTy on October 13, 2019, 10:03:26 AM

Quote from: joinfree on October 13, 2019, 05:05:58 AM

Seriously this made me think twice and have made me roam through all my exchange accounts and wallets making sure that i have access to them in order to cash out all those pieces of bitcoin if they ever become worth it again. This may sound quite silly but i am quite optimistic about it

If Gavin Andresen knew that the price of BTCitcoin will rise like this during 2010 he could have saved it for the future as he was giving away 5 BTC per clam Cheesy

and no one cared anything below 0.1BTC in the past, but as the price of BTCitcoin started growing everyone started taking it seriously. I used to give away tons of coins in some of the major gambling sites till 2016 and other meetings related to BTC i used to have during that period but then situation and interest change with time and then the price of BTCitcoin started a major rally.

I was one of the users who actually received some BTC by just liking and reposting the tweets of a user here in the forum. I use to just get some of the BTC from them worth $5 for providing 2 sentence review for their youtube videos. Now I can see those tiny bits of BTC are so much valuable that users will scam you for such amount. I think the users during those days are more of a supporter of BTC and blockchain.

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Quote from: joinfree on October 13, 2019, 05:05:58 AM

Back in the days i used to disregard some pennies of my bitcoins in several exchanges thinking that these coins would never be worth it looking at its price at the moment. However, this idea came into my mind about some few weeks ago that what if Bitcoin reaches a double of its previous all time or even greater once this long awaited global adoption sets in.

Seriously this made me think twice and have made me roam through all my exchange accounts and wallets making sure that i have access to them in order to cash out all those pieces of bitcoin if they ever become worth it again. This may sound quite silly but i am quite optimistic about it Grin

You make sense, the idea of Bitcoin increasing in value is not impossible to happen. And we should value our money and not waste it or neglect it even if it is just a cents. Several people are working hard to earn a penny in most part of the world. We are lucky we have that much, and our job pays us decent amount to sustain our family's needs.

I also tend to neglect dusts of Bitcoin before. But when I happen to watch those people working whole day for the same amount I am neglecting, it do change my attitude towards money whether it is BTC or fiat currency. Though I give more value to BTC since it is like a seed that can grow to a very huge tree (price skyrocketing multiple times from its current value).

eaLiTy

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Quote from: joinfree on October 13, 2019, 05:05:58 AM

Seriously this made me think twice and have made me roam through all my exchange accounts and wallets making sure that i have access to them in order to cash out all those pieces of bitcoin if they ever become worth it again. This may sound quite silly but i am quite optimistic about it

If Gavin Andresen knew that the price of BTCitcoin will rise like this during 2010 he could have saved it for the future as he was giving away 5 BTC per clam Cheesy

and no one cared anything below 0.1BTC in the past, but as the price of BTCitcoin started growing everyone started taking it seriously. I used to give away tons of coins in some of the major gambling sites till 2016 and other meetings related to BTC i used to have during that period but then situation and interest change with time and then the price of BTCitcoin started a major rally.

carlisle1

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Quote from: joinfree on October 13, 2019, 05:05:58 AM

Back in the days i used to disregard some pennies of my bitcoins in several exchanges thinking that these coins would never be worth it looking at its price at the moment. However, this idea came into my mind about some few weeks ago that what if Bitcoin reaches a double of its previous all time or even greater once this long awaited global adoption sets in.

Seriously this made me think twice and have made me roam through all my exchange accounts and wallets making sure that i have access to them in order to cash out all those pieces of bitcoin if they ever become worth it again. This may sound quite silly but i am quite optimistic about it Grin

what about the 2017 all time hype?haven't you experienced?you are an account created 2014 so you must have addressed this issue way back years and not just today.don't know whats on this side but kinda curiosity

every piece of bitcoin called SATOSHIS(well there are MILI satoshosi in our time now) and this is very valuable maybe not today but in the next years to come so better took care of all

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Quote from: malekbaba on October 13, 2019, 09:02:23 AM

Once people completed tiny tasks like captcha entry, faucets and micro task and If I am not wrong, people got 4000-5000 sats per task. That time btc price was 550 to 580 usd. But now btc worths 9k! If someone worked patiently and hold every single sat since then, he may has a full btc or half of the btc, atleast

I still remember that good old days. We could easily get 1000- 2000 sat from the faucets and we never cared it could have any considerable value in future. Freebitco.in which is always been the highest paying faucet is giving only 24 Sat per hour these days. Again if bitcoin moves to 50,000$ in few years times, this 24 Sat would be a decent value. So i believe we should collect as much sat as we can and keep them save for the later years.

AliMan

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Quote from: joinfree on October 13, 2019, 05:05:58 AM

Back in the days i used to disregard some pennies of my bitcoins in several exchanges thinking that these coins would never be worth it looking at its price at the moment. However, this idea came into my mind about some few weeks ago that what if Bitcoin reaches a double of its previous all time or even greater once this long awaited global adoption sets in.

Seriously this made me think twice and have made me roam through all my exchange accounts and wallets making sure that i have access to them in order to cash out all those pieces of bitcoin if they ever become worth it again. This may sound quite silly but i am quite optimistic about it Grin

There will be perfect time to make it all worth for good mate, just stick with your decision and as per rating with your mindset I don't feel any silly on what you stand for. Sad to say I already cashed out my bitcoins last year, because of urgent needs for house project. What's left with me was those shitcoins that has fallen off it's good value since year 2017.
If I have choosen to sell my alts those times it was profitable maybe I've been benefited to hold huge amount of btc. Every now and then, I still waited for my altcoins to achieve the right value for them so I could sell them in exchange for bitcoin and hold them before hitting the peak price.

pakhitheboss

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Every piece of Bitcoin is important, if it was in your personal wallet. So the next thing that you should do is to collect all those pieces that you have left on different exchanges and transfer them back to your wallet.

I doubt you will be able to collect all of them as most will be swallowed by the exchanges in the form of withdrawal fee.

malekbaba

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Once people completed tiny tasks like captcha entry, faucets and micro task and If I am not wrong, people got 4000-5000 sats per task. That time btc price was 550 to 580 usd. But now btc worths 9k! If someone worked patiently and hold every single sat since then, he may has a full btc or half of the btc, atleast

fiulpro

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Well you know worth for everyone is different , It depends on person to person , if someone is earning a lot then these pennies in terms of Bitcoins seems unrelevant , also the price goes up down therefore am pretty sure what you have learned would help you in the long run , now you are very cautious about saving and using these and sure enough in some years the price is gonna go up , even if for a day or two then you can encash and be happy about these little savings.

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