Quote from: sonicwave on August 31, 2017, 11:48:22 AM

Quote from: panju1 on August 31, 2017, 06:43:16 AM

Quote from: Bittoshi on August 24, 2017, 09:09:36 AM

In the early beginnings of Bitcoins (2009-2010) it was easy to get some Bitcoins either by buying them for a few cents, by mining (which was easy in the early days) or even some faucets gave away some bitcoins every day just for clicking a button or solving a captcha. And now watch how expensive a Bitcoin is now.

Today you would not get Bitcoins but only Satoshis for the same time and effort. And as the price rises, you get fewer and fewer Satoshis of course.

Do you think that the price of a single Satoshi will be something like $1 one day? Or even more than that? Will there be fractions of Satoshis in the future like mSatoshis (Milli Satoshi)?

If yes, we should fight for every single Satoshi now as long as the price is relatively low. Use faucets, trade, buy, mine and hold them until you are rich. It's too late now to get whole bitcoins (too expensive) but some thousands of Satoshis here and there could be a lot of money in the future.

What do you think?

That is not going to happen in our lifetime. You just need to do a back of the envelope calculation. If 1 bitcoin = 100 million dollars, the total value of bitcoins = 21 million * 100 million. Even if Bitcoin is the only currency used in the world, you won't get there.

I think that even if bitcoin does not reach such a price, but it will still go up.
So now you need to take care of collecting as many coins as possible for the future. Do not be wasteful - think about your future

With bitcoin as well other digital currencies, the growth is entirely based on the time to the rate of adoption. This assure a price increase. If examined about the growth that took place till date, none could have experienced a loss, if he has got the patience to hold. Thinking this the more you save at present is gonna benefit in the future.