still very cheap. There was a person named Laszlo Hanyecz used to buy a pizza with 10.000 BTC Back then it wasn't so expensive. Times change. Some of the paintings that are now worth millions were bought for just a few copper coins at some point.
Exactly. When you have the benefit of hindsight, everything becomes clear.
If you are using bitcoins as a transacting medium, it doesn't matter whether it is worth $1 or $1000.