Every tiny piece of Bitcoin is worth it!

[abel1337]

Way back 2015 I have many wallets at blockchain.info and I always have many leftover of 0.01 btc in my wallets and even in exchanges. I did not mind those bitcoins since it is just  2 dollars worth of btc and I have 0.5 to 2 btc in my main wallets. But starting 2017 when bitcoins value went up I opened up all my wallets and transfer my bitcoins into the main wallet. I even scout the logbook  of every site I visited and withdraw my bitcoins. Its that time I realized that how much less a value of a satoshi we have today but if we hold it long term it may be very valuable in the future.

Even me! On the early years of bitcoin, I don't care about small decimals that I left on every wallet I create, I only care about a whole number of bitcoin and .x amount of bitcoin, The value before isn't very high but it is good enough to believe that it has future. When bull run happened in 2017 I opened up many wallets that I did create on the year 2013 - 2015 to see if I have stored valuable bitcoins there, lucky to know that all of my private keys were on my old computer and It all worked up. Earned a lot of money from the trashed assets before.

[blckhawk]

It really depends on how you see the market and the technology in the future. If you foresee that bitcoin would just continue growing and there's nothing to stop it, for example, a revolutionary altcoin or more strict regulations, then for you, holding bitcoin even in small amounts would earn you large profits. But for short-term investors, it isn't a good idea. They'll just waste time and money if they hold and does not intend to keep it in the long run.

[Inkdatar]

I remember those days about bitcoin when it was at a very low price I just spent it without thinking it will be that expensive up to date. Some I just save it in the exchange ended up to withdraw and did not hold it for the long term. Spending bitcoin when it was not that high at price makes me regret that hoping I still have at least 1 btc in my wallet today. Bitcoin is really worth having even in any amount that our holding will be grow in the future.

[Ziskinberg]

You are giving us an idea, I might check my exchanges accounts now, lol..
I still have a lot of satoshis in some of exchanges that I normally use but I don't bother to withdraw them all but who knows in the future 1 sat would be worth a dollar and those amount will turn into big money.

the question is, will these exchanges will still survive in the long period of time?

[Hippocrypto]

I remember those days about bitcoin when it was at a very low price I just spent it without thinking it will be that expensive up to date. Some I just save it in the exchange ended up to withdraw and did not hold it for the long term. Spending bitcoin when it was not that high at price makes me regret that hoping I still have at least 1 btc in my wallet today. Bitcoin is really worth having even in any amount that our holding will be grow in the future.

We can't appreciate the value of a certain thing if you're not able to see the results of it, that's how our situation goes on Bitcoin. After that experiences, it made us learn on something worth to have. Everything that made bitcoin very important, don't neglect that small amount to be somewhat sustainable in the future. Saving some satoshis would accumulate, and summing up to huge btc amount.

[joinfree]

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? 

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 

Hahaha...i love your sense of optimism mate! Damn you just raised my hopes up in buying more BTC this morning. I just can't wait to see BTC hit beyong $1M though. So many folks who sold at these levels would be bitting their tongues and cursing their stars as well. I guess it's time for us to go about that HODL attitude one more time.

[coin-investor]

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

I doubt if you can cash out a small amount of Bitcoin, it will just spend for your transaction fees unless Bitcoin reaches to 6 digits and the fee is much lower, but why to withdraw those amount, you can use it for transaction fee, or trade for altcoins with a lower transaction fee, I've been doing that and it's profitable, I even use that when I withdraw my earnings and my profit from trading on Yobit.

[Arsenyo]

I wouldn't keep my btc, even tiny piece of it, in exchanges. Your account can be hacked easily and you will be left with nothing. I was never hacked as never leave assets in exchanges. But several of my friends lost their btc because of it. And if to speak about the value of every tiny piece of bitcoin, then of course it worth it. No one knows what price of btc will be in future.

[SummerBliss]

I agree with you that every tiny peice or small amount of btc has a value and we should try not to loose it in any case.Few years back the prices were low even for one bitcoin and now they are very high compared to that time which also increase the value of tiny pieces of btc.But the problem with withdrawl from exchanges is transaction fees and mimimum amount that can be withdrawn.So you should instead trade it with altcoins and then withdraw it because leaving it there exposes risk to hacking or acesss can be lost and you lost all your amounts.So its better to be safe.

[DeathAngel]

Every single bit you have will count in the long run, we’ll definitely see 10 x the current price in the next 5 years so work that out when referencing each decimal of a BTC you have.

[Makka]

Every single bit you have will count in the long run, we’ll definitely see 10 x the current price in the next 5 years so work that out when referencing each decimal of a BTC you have.

Time is so fast. Before it is easier to spend and give satoshis to your friends. Two years ago, I remember giving someone 0.03 btc just because he predicted something simple. Now 0.03 btc is ranging 250 to 300 dollars already. Halving is near, everybody expects another moon ride.

[nankers]

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

You did the same thing as I did last July. last July when bitcoin reached $ 12K, I reopened my account spread across several old exchanges and got (if I'm not mistaken) about 0.015 bitcoin from all exchanges that contained my old account. but here I am a little different from you, I do that when bitcoin reaches the highest price. maybe I will do that again when bitcoin touches its highest price again (my guess might be in 2020)

[BitHodler]

I just can't wait to see BTC hit beyong $1M though. So many folks who sold at these levels would be bitting their tongues and cursing their stars as well. I guess it's time for us to go about that HODL attitude one more time.

The chances of seeing Bitcoin ever reach $1 million are extremely slim---there is not enough demand for that to happen unless the dollar loses so much of its value that this black swan event can push Bitcoin to $1 million.

However, in that scenario it only means that your Bitcoin is worth $1 million, while the purchasing power is probably 5% of today's purchasing power, so you technically haven't gained anything.

To make things even worse, the dollar losing that much of its value will take the whole world economy down with it. No economy will be safe because everything is pegged to the dollar. Definitely something to keep in mind.

Nothing wrong with dreaming big, but Bitcoin at $1 million in a strong world economy is just a joke.

[qiwoman2]

I would take out all the bits from each exchange and put in Bitcoin wallets you control unless you want to trade it. I don't have anything anywhere now, just got money in one coin and am broke haha so I have to wait now until I can make more money to actually collect and store BTC, as I used to in the olden days. Looks like I might have to start doing faucets all over again, but they seem to take ages to cahs them out nowadays as the rewards are peanuts. So back to the drawing board for me, I guess. Good luck cashing out all those bits all over the place. 

[AicecreaME]

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

So you were saying that they are not important to you since those tiny pieces of bitcoin only cost few cents or couple of dollars as of now? This is a bad joke you have, I remember myself having BSD token in bittrex a year ago and I thought it's not yet worthy if I sold them at a very low price but when I went to check it this year (last month) guess what? they've burned, and I could've made few dollar out of it if I didn't think it was not yet worthy.

You see, my point here is never ignore the coins you have, whether it is only few pieces of BTC like 0.005, you can't make 1 BTC without those 0.005 BTC, remember that.

[sunsilk]

It's not silly if you're thinking like that. The silly thing is why you've been keeping it on exchanges? you must learn from those experiences that many were not able to retrieve their funds as the exchange announced closure and/or being hacked.

There's a very big chance that twice of all time high to see in the future and by that time, you should have those tiny pieces of bitcoin you have on your own vault. What I mean, is that your own hardware wallet or cold storage.

[StayFly]

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

This is a good idea as I once left some chicken change in my Xapo wallet. I was early 2016 when bitcoin price is somewhere around $400-$500. The first time I tested buying bitcoin using paypal with VirWox. I bought bitcoin for $100 and I have no idea where to spend my bitcoins until late 2016 when I know about purse.io. I spent $96 and left only $4 by the time bitcoin reached $17k-$18k in 2017 that $4 turned to $46. it is a good idea to maintain access to all your wallets.

[xiboothrezi]

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.

Of course that can happen. From all the impossibilities and underestimate predictions about bitcoin a few years ago has become clear evidence. Bitcoin prices have multiplied many times. Do not let us become people who regret by using bitcoin without calculation.

snip---
You see, my point here is never ignore the coins you have, whether it is only few pieces of BTC like 0.005, you can't make 1 BTC without those 0.005 BTC, remember that.

That is the point. Small pieces if collected will be large and valuable. From the experience and regrets of people who did not think bitcoin would be this expensive, we must be really wise in this matter.

[Zionatin]

You should never keep your coins in a place where you do not own the privatekeys. Even if you have a small amount of currency just withdraw it and keep it. You have nothing to lose but everything to gain.  Don't ever leave currency behind. What is a little today can be a lot tomorrow? So, when you collect enough pennies you will have a few $$ and if you keep doing that the $$ rakes up.

[nydiacaskey01]

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

This happened to me when I am in need of money, just like when I am in need to cash in then real world, I will look at all my pockets to see if theres any cash that I left behind. Same with my crypto wallets, I checked all of them and see if its still withdraw-able and still have enough to cover for the fees.

Not only in my crypto wallets, I also check those exchange sites that I used to trade but abandoned when I shift to a new exchange site that offers lower fees.