Topic: [AUCTION] Casascius 10 BTC 1 oz silver physical bitcoin (Read 2379 times)
OK. Just sent you a PM. Cheers
Looks like it's yours monkeynuts. I will pm you to finalize the deal.
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Cletus815 that sounds very fair. Cheers buddy
I can cover postage to the US and Canada. Honestly I didn't think about shipping to foreign countries but how does splitting it sound?
I know you say buyer pays for Escrow, who is paying the postage ? (I am in the UK)
I'm in Illinois.
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Where in the world are you cletus815 ?
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3 it is a good store of value. Today you pay 16.2 BTC ($2106) if/when BTC hits $200, $300, even $500 each your coin that you paid $2100 for is worth $2,000-$5,000 just in BTC value plus the premium for it being so rare.
I generally agree, although consider that since this coin is priced in bitcoin, those x number of coins you paid over the stock 10 value would also have been worth a lot more, possibly more than someone is willing in the future to pay for a collectible coin. There are only a handful of fiat or ancient coins that command 10,000+ USD.
Then again, if crypto currency truly breaks into the mainstream over the next few decades I wouldn't be surprised if those remaining intact, handmade Casascius coins reach "priceless" status - even if bitcoin ends up being replaced. The problem then would be dealing with counterfeits, as I don't see a good way of distinguishing a good counterfeit from a real coin without opening it.
It's because they are rare. I paid 100 btc for 30 1 BTC coins and have made a good profit on them even though I paid over 200% markup.
Wow. Like a museum piece then. I used to own a bunch of antiques and I like the idea that bitcoin will someday have its own form of those. This just seems too soon in bitcoins history for a collectors item. I could very well be wrong based on the response of bidders so far. Its the 200% mark-up I don't understand I guess. Why so serious?
1 it is very rare
2 it may not be produced any longer
3 it is a good store of value. Today you pay 16.2 BTC ($2106) if/when BTC hits $200, $300, even $500 each your coin that you paid $2100 for is worth $2,000-$5,000 just in BTC value plus the premium for it being so rare.
It's because they are rare. I paid 100 btc for 30 1 BTC coins and have made a good profit on them even though I paid over 200% markup.
Wow. Like a museum piece then. I used to own a bunch of antiques and I like the idea that bitcoin will someday have its own form of those. This just seems too soon in bitcoins history for a collectors item. I could very well be wrong based on the response of bidders so far. Its the 200% mark-up I don't understand I guess. Why so serious?
It's because they are rare. I paid 100 btc for 30 1 BTC coins and have made a good profit on them even though I paid over 200% markup.
I have always been interested in the Casascius coins but I don't understand why this one would sell for over 50% its real value. I can see why this coin is worth more than 10BTC, and I want to buy one, but paying $150 for a $100 bill is a bit crazy to me. I understand a 10-15% mark-up but 50% or more seems a bit high to me. Im all for Casascius coins and I was looking to buy a few back at the start, but I just would like to know why they get bid up this high before I can consider buying one again.
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