When you say collectible item those are not typically things that are monetary valued.
Bitcoin can be a collectible item in a way that it could increase its value for future sale. But for other people it can be an investment or source of income.
Topic: Could the Bitcoin be seen as a collectible item ? - page 2. (Read 2020 times)
Bitcoin can be considered a collectible, because of its potential to have higher value in the future. Much like paintings, antiques, and other rare items, bitcoin can command a high value given the finite numbers that can be mined. But I hope it still serves its purpose of being a currency rather than just another high priced commodity.
It is a collectible item,there are physical coins which hold a lot of value,and I speak in terms of price,too.Actually I think it's a great idea that we have physical coins because it's really nice when you can see the actual item rather than just a digital one on the Internet
Yes when bitcoin is recommended for future, it automatically becomes as a collectible thing. A collectible not necessarily in physical format, yes it can be in digital format too. Why are showing interest for some collectible, if we hold them we can have some prestigious status or in future we can sell it for huge prices. I do see all the characteristics of collectibles fit for bitcoins. Who knows, owning one full bitcoin may become an impossible task in 2025 (like it would cost some millions). Saving bitcoins now itself as collectible would get us some good status too.
It is a collectible item,there are physical coins which hold a lot of value,and I speak in terms of price,too.Actually I think it's a great idea that we have physical coins because it's really nice when you can see the actual item rather than just a digital one on the Internet
Hi !
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
So ,am I the only one to percieve the BTC not mainly for the transaction and payement purpose, but more like a collectible item that will innevitably take value with time ?
Sorry if it sounds silly But i'm still new in the cryto money world
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
So ,am I the only one to percieve the BTC not mainly for the transaction and payement purpose, but more like a collectible item that will innevitably take value with time ?
Sorry if it sounds silly But i'm still new in the cryto money world
There is a big difference between a collectible and a currency.
A collectible is usually something that cannot be traded for immediate cash, it does not provide any service to you, and you only buy that collectible if you are interested in it, which probably not a lot of people are.
But bitcoin, it is a payment protocol in itself, so calling it a collectible isn't appropriate.
If you were to treat it as a collectible, are you just letting your coins sit in your wallet? Then what you're collecting aren't bitcoins. You are just collecting numbers on the screen, which to me sounds not too fascinating
Considering bitcoin as a collectible or as a currency varies according to people's mindset. But here is something that I would like to share, say you got the ATM and swipe in your debit card, you see some "numbers" which can be withdrawed as hard cash.
Majority of the equity shares of companies all over the world are electronically listed, they might be seen as "just some numbers" on the screen but they have value which can be redeemed for hard cash.
So it doesn't matter whether bitcoin should be considered as collectible or currency. For me, its all good either ways.
Hi !
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
So ,am I the only one to percieve the BTC not mainly for the transaction and payement purpose, but more like a collectible item that will innevitably take value with time ?
Sorry if it sounds silly But i'm still new in the cryto money world
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
So ,am I the only one to percieve the BTC not mainly for the transaction and payement purpose, but more like a collectible item that will innevitably take value with time ?
Sorry if it sounds silly But i'm still new in the cryto money world
Haha It's unique people. Because many people use it in transaction but you, you just want this coin as collectible item. I think you can but we can't assure that this coin's price will increase in future.
It can sure be considered as a collectible item. Several other digital currencies too have evolved during the same time period. So the potential one being secured in a wallet is a good thing. Along with this when one makes a collection of most digital currencies and ICO's that's been existing periodically would make people start collecting it as collectible.
Yup, your view is indeed quite remarkable and it will give you an advantage for them. But they also have time limits cannot we know by all, however, we must remain optimistic and excited to be able to produce a great strength, so that what we want could be materialized before of all the things in the Altcoin or bitcoin lost and adversely.Profits in the bitcoin is not temporary, but can also give you an advantage forever with the proviso that we can create a business in the bitcoin. Because only with business bitcoin we have will provide a great advantage
I don't see Bitcoin as a traditional collectible item, it shares some characteristics because its something that everyone could want, but more like everyone would want to be rich.
studying the characteristics of bitcoin it seen to be like digital gold and others mining instrument but from its operations we cannot classified it as collectable items as doing that will undermined it value as crypto currencies or money. You can buy and stored bitcoin and also mining as gold but treat it as gold will affect it values. 
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
But the 21 million bitcoins can be subdivided into 2,100,000,000,000,000 satoshis (enough for 300,000 per person), so it would be difficult justify bitcoins being collectible based on rarity.
If you are looking for collectible bitcoins, check out physical bitcoins here: https://bitcointalk.org/index.php?board=217.0
but this only make sense when the value fo a single satoshi will be very high, not at it is now, if it is almost worthless it can not be taken in consideration
bitcoin should be evalued by the is biggest unit not the smallest, which is 1 btc
Of course you can, this is the best valuable collectible throughout the web. And it's what almost everyone has been doing, we keep on collecting bitcoin as an asset. But if you want to treat it as a collectible item then that's fine. Since you will treat it as collectible it looks like you are just going to hold it without spending it.
Hi !
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
So ,am I the only one to percieve the BTC not mainly for the transaction and payement purpose, but more like a collectible item that will innevitably take value with time ?
Sorry if it sounds silly But i'm still new in the cryto money world
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
So ,am I the only one to percieve the BTC not mainly for the transaction and payement purpose, but more like a collectible item that will innevitably take value with time ?
Sorry if it sounds silly But i'm still new in the cryto money world
There is a big difference between a collectible and a currency.
A collectible is usually something that cannot be traded for immediate cash, it does not provide any service to you, and you only buy that collectible if you are interested in it, which probably not a lot of people are.
But bitcoin, it is a payment protocol in itself, so calling it a collectible isn't appropriate.
If you were to treat it as a collectible, are you just letting your coins sit in your wallet? Then what you're collecting aren't bitcoins. You are just collecting numbers on the screen, which to me sounds not too fascinating
yes, we can see Bitcoin as an income. We can use it, work and business, its income as income us every day, we can work and receive Bitcoin, it may be the main source of our income, and all all we can see it as a source of stable income, myself, I have a stable source of income from work per week advertising their signatures. I liked it, and I confirmed it was good work to income Bitcoin
Yes bitcoin is collectible I have had the opportunity to stumble on a thread on this section where a auction is opened for live bitcoin coin which if bought can then be redeemed electronically to what can now be transferred. Until recently I saw that, I always thought the coin symbol in all pictures relating to bitcoin is just a myth as what we have is nothing close to physical coin but now, my thinking has completely changed towards that.
it can but it shouldn't although nothing is stopping anyone from doing it.
bitcoin should be used and views as it is intended to, as a currency. and only because of it being a digital decentralized currency it can grow and become more valuable not just because it has limited supply and is rare!
and one of the reasons that bitcoin has been rising and has its price go to the moon is exactly this. because people see this decentralization and the fact that there is no banks bullshit anymore.
bitcoin should be used and views as it is intended to, as a currency. and only because of it being a digital decentralized currency it can grow and become more valuable not just because it has limited supply and is rare!
and one of the reasons that bitcoin has been rising and has its price go to the moon is exactly this. because people see this decentralization and the fact that there is no banks bullshit anymore.
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
But the 21 million bitcoins can be subdivided into 2,100,000,000,000,000 satoshis (enough for 300,000 per person), so it would be difficult justify bitcoins being collectible based on rarity.
If you are looking for collectible bitcoins, check out physical bitcoins here: https://bitcointalk.org/index.php?board=217.0
People collect coins, stamps based on their value too, even if in most cases the value is closely linked to the rarity. We will lose quite a lot of Satoshi's going into the future, with people depositing coins into wrong Bitcoin addresses. We might have tons of Satoshi's now, so this might not be a factor now, but what about 20 years from now.
Every Satoshi is precious... my precious.
Hi !
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
So ,am I the only one to percieve the BTC not mainly for the transaction and payement purpose, but more like a collectible item that will innevitably take value with time ?
Sorry if it sounds silly But i'm still new in the cryto money world
One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
So ,am I the only one to percieve the BTC not mainly for the transaction and payement purpose, but more like a collectible item that will innevitably take value with time ?
Sorry if it sounds silly But i'm still new in the cryto money world
fiat is also limited supply! a country doesn't just print money day and night without any limit that will kill its economy and currency value!
and lots of other things have limit too. Gold has a limit also. there are limited supply and each day smaller amount is being mined.
with that said you can see bitcoin as whatever you like, people collect all kinds of things with the hope their price goes up. and you know what bitcoin will go up. because it is still early stages and not that many still know about it.
I will say it ever and ever again: Bitcoin won't work as a "collectible". That could only work if it was closed source and no competitors would be there (e.g. if the technology making it work was unknown and couldn't easily be reverse-engineered), and then it never would have gained trust.
Bitcoin as a "store of value" only works because people can imagine a future where Bitcoin is one of the major payment systems and used by hundreds of millions or even billions of people and then its value would be significantly higher than today. I highlighted the words "used" and "payment" because I mean explicitly an use in the sense as "payment tool" and "money substitute". Because if it's only used like a speculation item it has no advantage to other cryptocurrencies - the network effect is what's causing Bitcoin's lead.
And even if there is a kind of "agreement" between users that "Bitcoin is the digital gold" then that would give major incentives for speculative attacks because then liquidity will stay low, volatility high and it's easy to get the users to panic. Gold is different because it has a kind of intrinsic value (=industrial use) and is also kind of backed by major organizations like states.
Bitcoin as a "store of value" only works because people can imagine a future where Bitcoin is one of the major payment systems and used by hundreds of millions or even billions of people and then its value would be significantly higher than today. I highlighted the words "used" and "payment" because I mean explicitly an use in the sense as "payment tool" and "money substitute". Because if it's only used like a speculation item it has no advantage to other cryptocurrencies - the network effect is what's causing Bitcoin's lead.
And even if there is a kind of "agreement" between users that "Bitcoin is the digital gold" then that would give major incentives for speculative attacks because then liquidity will stay low, volatility high and it's easy to get the users to panic. Gold is different because it has a kind of intrinsic value (=industrial use) and is also kind of backed by major organizations like states.
That's how I look at it.
Bitcoin should be really looked at a collectible because this won't be a New World Order Currency. Bitcoin has a large amount people complaining about the transactions fees and they don't want to spend it within the current decade and if Bitcoin strives past this decade it might be worth more money and the transaction fee's may get higher. So, that means more people will learn to hold the collectible coin instead of spending it on meaningless things.
Bitcoin should be really looked at a collectible because this won't be a New World Order Currency. Bitcoin has a large amount people complaining about the transactions fees and they don't want to spend it within the current decade and if Bitcoin strives past this decade it might be worth more money and the transaction fee's may get higher. So, that means more people will learn to hold the collectible coin instead of spending it on meaningless things.
Absolutely not. Being a collector and regularly trading with other collectors, none of us would ever consider collecting BTC.
A collectible is something you can enjoy looking at. Collectors also very much enjoy showing their collectibles to others. You can't do that with BTC.
A collectible is something you can enjoy looking at. Collectors also very much enjoy showing their collectibles to others. You can't do that with BTC.
Wouldn't really think of it as a collectible item based on the pure fact that I feel when you collect something you have the ability to touch it, hold it, move it and so on. With bitcoin this is impossible, unless you buy one of those coins that have the private keys for the wallet inside of it. Still, this really doesn't put bitcoin as a collectible.
If you meld your definition and change what the person collects, which is a weird niche but I guess collecting virtual currency could work as you cant touch any of the virtual currencies but a person could still have one coin of each on wallets saved somewhere.
It's considered more of a currency and less of a collectible, this is just someone asking if it COULD be seen as a collectible.
I think that the Bitcoin can be considered a collectible item for someone who collects coins and includes this item with the classification of "virtual currency," but I think they would do it for the fact that it is something special for that person and they would opt for a physical Bitcoin to make it meaningful.
If you meld your definition and change what the person collects, which is a weird niche but I guess collecting virtual currency could work as you cant touch any of the virtual currencies but a person could still have one coin of each on wallets saved somewhere.
It can sure be considered as a collectible item. Several other digital currencies too have evolved during the same time period. So the potential one being secured in a wallet is a good thing. Along with this when one makes a collection of most digital currencies and ICO's that's been existing periodically would make people start collecting it as collectible.
It's considered more of a currency and less of a collectible, this is just someone asking if it COULD be seen as a collectible.
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