Could the Bitcoin be seen as a collectible item ? - page 3.

agustina2

legendary

Activity: 2436

Merit: 1008

Quote from: CosmicVibe on February 28, 2017, 01:13:27 PM

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 Cheesy

If you like to make it as a collectible thing then it's just fine. Same goes if you want to use it as a real money. How would you like it to make it as a collectible one? As it was on a paper wallet or being funded at a physical coin?

And can you able to handle it as a forever collectible one if there's a case by any chances that a BTC1 will cost $10,000 or more? Cool

Raimonn

legendary

Activity: 1470

Merit: 1001

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.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

i am sure that bitcoin can be seen as collectible item and we can make bitcoin as our private digital coin and we can save it in our private wallet and never use it. i think if you do this, then bitcoin will be like collectible item and you can saving bitcoin as legacy for your descendants and it is really valuable and worth for you so you don't want to spend or sell for buying something. the only one you want to do is saving more bitcoin in your wallet.

nara1892

hero member

Activity: 1666

Merit: 701

Quote from: Kprawn on February 28, 2017, 01:17:21 PM

Yes, we know this and that was part of the grand design to be like that.... Remember Bitcoin is the Digital Gold of this generation... and it mimic

many of gold's characteristics. You can mine both and you can use it as a safe haven and you can collect it or trade with it... both are also

valuable and can be used for multiple things. {Bitcoin is not just a currency... it is just a token, but can be used for a lot more} Grin

I also think that bitcoin can be considered as a digital gold. like glld, you can collect bitcoin and save it as long as you want, or trade it. it does not matter. people sell gold to get some money, so is the bitcoin function. however, smart ones will hold their bitcoins for higher price.

MissGrey

full member

Activity: 201

Merit: 194

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.

odolvlobo

legendary

Activity: 4466

Merit: 3391

Quote from: CosmicVibe on February 28, 2017, 01:13:27 PM

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

coolcoinz

legendary

Activity: 2744

Merit: 1174

Of course it can and it's even a point used by Bitcoin haters.
Here's an example of an article from 2013 https://www.forbes.com/sites/louiswoodhill/2013/04/11/bitcoins-are-digital-collectibles-not-real-money/#543ace653f8b
The author tries to belittle Bitcoin by describing it as a collectible and an item for speculation, that will never function as money. Time is proving him wrong.
I'd rather compare it to digital gold than a collectible.

romero121

legendary

Activity: 3234

Merit: 1214

Vave.com - Crypto Casino

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.

Kprawn

legendary

Activity: 1904

Merit: 1074

Yes, we know this and that was part of the grand design to be like that.... Remember Bitcoin is the Digital Gold of this generation... and it mimic

many of gold's characteristics. You can mine both and you can use it as a safe haven and you can collect it or trade with it... both are also

valuable and can be used for multiple things. {Bitcoin is not just a currency... it is just a token, but can be used for a lot more} Grin

CosmicVibe

newbie

Activity: 46

Merit: 0

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 Cheesy

Topic: Could the Bitcoin be seen as a collectible item ? - page 3. (Read 1997 times)