[AUCTION] one 2011 fully loaded casascius "error" bitcoin - page 2.

nubbins

legendary

Activity: 1554

Merit: 1009

Quote from: owlcatz on January 24, 2021, 04:59:14 PM

Quote from: mcmasterp on January 24, 2021, 08:59:20 AM

Thank you for the explanation but I'm actually a bit confused. Ate you saying my 1 bitcoin is worth more than 1 btc because forks happened after? That sounds too good to be true lol.

See your address here? https://www.blockchain.com/search?search=1AEjKrYnKfgqHsHZEzt7zN5AxUhwv8iML9

See how there are 2 blockchains? You can see you have 1 Bitcoin Cash (BCH) on your coin as well. Which right now is ~ $430 extra on top of the 1 BTC.

So, that's how I determine "peel value". I know there are a couple of other shit-fork coins on there as well, but I can't recall the names atm. Tongue

I think “Bitcoin sv” and “Bitcoin gold” might be the only other ones worth taking the time to redeem.

mcmasterp

copper member

Activity: 11

Merit: 0

Quote from: owlcatz on January 24, 2021, 04:59:14 PM

See your address here? https://www.blockchain.com/search?search=1AEjKrYnKfgqHsHZEzt7zN5AxUhwv8iML9

See how there are 2 blockchains? You can see you have 1 Bitcoin Cash (BCH) on your coin as well. Which right now is ~ $430 extra on top of the 1 BTC.

So, that's how I determine "peel value". I know there are a couple of other shit-fork coins on there as well, but I can't recall the names atm. Tongue

neat thank you. I'll take an extra $430 any day!

owlcatz

legendary

Activity: 3570

Merit: 1959

Quote from: mcmasterp on January 24, 2021, 08:59:20 AM

Thank you for the explanation but I'm actually a bit confused. Ate you saying my 1 bitcoin is worth more than 1 btc because forks happened after? That sounds too good to be true lol.

See your address here? https://www.blockchain.com/search?search=1AEjKrYnKfgqHsHZEzt7zN5AxUhwv8iML9

See how there are 2 blockchains? You can see you have 1 Bitcoin Cash (BCH) on your coin as well. Which right now is ~ $430 extra on top of the 1 BTC.

So, that's how I determine "peel value". I know there are a couple of other shit-fork coins on there as well, but I can't recall the names atm. Tongue

andulolika

legendary

Activity: 2338

Merit: 1047

I'm confused as hell.

I think forks should be ignored
1 btc funded = 1 btc plus coin value plus a prime because it hasn't been peeled.
If you had just the coin it'd be less than the coin funded excluding the 1 btc because it has it's original old untouched btc verifiable in the site and you could safely deposit more.

You could count the forks if you wish.

But i don't think youll be getting more than 1.2 even 1.15 seems a bit up but i might be wrong, if what you want is more btc wait for cheaper prices, or hope! lol.

mcmasterp

copper member

Activity: 11

Merit: 0

Quote from: tothemoonsands on January 23, 2021, 06:26:39 PM

"Under peel" typically does not refer to selling 1 BTC physical under 1 BTC. As you said, that doesn't make sense. But what happens is sometimes when you consider all of BTC forks on the coin, the premium will be less than that. So it's really:
1 BTC + Premium < Premium + 1 BTC + 1 BCH, etc. This is because the forks on the coin are often not truly considered or desired by those collecting physical Bitcoins. In a low premium environment, this means "under peel" is a possibility.

Thank you for the explanation but I'm actually a bit confused. Ate you saying my 1 bitcoin is worth more than 1 btc because forks happened after? That sounds too good to be true lol.

Gatorelf

sr. member

Activity: 845

Merit: 267

Quote from: owlcatz on January 21, 2021, 08:45:44 PM

Quote from: cptdome1 on January 21, 2021, 08:01:06 PM

Good luck, starting bid too high for me to be interested

Yeah it's just unrealistic in the current market times, unfortunately. Some coins going for under peel lately... Tongue

I noticed that too, there is a volatility index to consider as BTC is bouncing around from 30k to 40k and back. Pretty significant percentage swings.

tothemoonsands

hero member

Activity: 1035

Merit: 659

friendsofsatoshi.com

"Under peel" typically does not refer to selling 1 BTC physical under 1 BTC. As you said, that doesn't make sense. But what happens is sometimes when you consider all of BTC forks on the coin, the premium will be less than that. So it's really:
1 BTC + Premium < Premium + 1 BTC + 1 BCH, etc. This is because the forks on the coin are often not truly considered or desired by those collecting physical Bitcoins. In a low premium environment, this means "under peel" is a possibility.

owlcatz

legendary

Activity: 3570

Merit: 1959

Quote from: mcmasterp on January 23, 2021, 05:02:50 PM

wait why would someone sell a collectible version of a coin worth 1 bitcoin for less than 1 bitcoin? They would essentially be paying someone to take the coin? If you peel it and redeem it digitally you get the whole thing. Is there something I'm missing?

Stupidity and/or greed maybe? Roll Eyes

Premiums have decreased with the increase in the price of BTC, & selling in a bullrun doesn't command the premium they once did. Tongue

mcmasterp

copper member

Activity: 11

Merit: 0

Quote from: owlcatz on January 21, 2021, 08:45:44 PM

Yeah it's just unrealistic in the current market times, unfortunately. Some coins going for under peel lately... Tongue

wait why would someone sell a collectible version of a coin worth 1 bitcoin for less than 1 bitcoin? They would essentially be paying someone to take the coin? If you peel it and redeem it digitally you get the whole thing. Is there something I'm missing?

owlcatz

legendary

Activity: 3570

Merit: 1959

Quote from: cptdome1 on January 21, 2021, 08:01:06 PM

Good luck, starting bid too high for me to be interested

Yeah it's just unrealistic in the current market times, unfortunately. Some coins going for under peel lately... Tongue

cptdome1

sr. member

Activity: 386

Merit: 251

Good luck, starting bid too high for me to be interested

Evilish

hero member

Activity: 882

Merit: 563

Bitcoin to the moon!

Hey there, welcome to the forum. At least you kept the Casascius and now it's worth exponentially more than your original investment. Tongue

Can you please post a picture of the front/back of the coin with today's date and your forum username?

Perhaps also update your original post with more details like auction end date/time. You can look at the auction guidelines and tips here: Auctions - Guidelines and Tips!

Good luck with the auction!

mcmasterp

copper member

Activity: 11

Merit: 0

Bare with me as I am new here.

I bought a physical bitcoin back in 2011 or 2012 when bitcoin looked "dead" and I wanted a piece of history. Boy I wish I had just purchased digital bitcoins then I'd be rich lol but as it happens the coin I bought was from casascuis 1st run the ones with the misspelled name in the hologram. it has code printed on it not the window like later versions. This is a real deal, no bs scammer bs and I expect bidders to be the same.

This coin has all the forks on it so as I understand it you get also get a bitcoin cash and all the lesser ones

Starting bid is 1.15btc. Buy it now is 1.25 bitcoin. auction is is over when a day has gone by after last acceptable bid or at my discretion to shorten or extend.

Topic: [AUCTION] one 2011 fully loaded casascius "error" bitcoin - page 2. (Read 994 times)