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Topic: Casascius selling bitcoins below market value? (Read 902 times)

full member
Activity: 237
Merit: 102
1 Pedro 3:15-16 (DHH)
October 26, 2011, 12:05:58 PM
#4
I dont see a problem if you sell bitcoins above the "market price". I can sell my bitcoins in costa rica at the price what I want. Right?
sr. member
Activity: 338
Merit: 253
Oh, I see it is BC29.50, not $29.50.

His bitcoin symbol looks kind of like a $. That is actually kind of an issue that a B with virgules through it looks a lot like an S.
newbie
Activity: 59
Merit: 0
That's not $29, it's 29 bitcoins.
sr. member
Activity: 338
Merit: 253
I don't understand how Casascius can be selling physical bitcoins below market value. Is it some kind of scam? For example, he is supposedly selling 25 BTC coins for $29.50, well below the current tradehill exchange rate of $2.80 per BTC (or $70 for 25).
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