Interest in physical coins is increasing with BTC price - page 2.

elianite

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The Cryptonumist

Quote from: djjacket on May 25, 2017, 03:24:14 PM

Quote from: OgNasty on May 25, 2017, 03:23:03 PM

When people ask me about Bitcoin and wanting to buy some, I tell them they should learn about digital cryptocurrencies, or buy a Casascius coin and put it away for a long time. I imagine there are many people wanting to invest in the Bitcoin market but feel more comfortable with physical coins.

Plus they are a great way to HODL! They have successfully kept me from selling out many times!

At the end of the day, that's really it. I've lost regrettable amounts of BTC to scams, thefts, exchange hacks, and terrible trading decisions. But I've never lost any bitcoins I have in solid form.. well, except that one Casascius coin that I left on a park bench (damn.. ).
I can totally see why people like to own physical coins for the security.

djjacket

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Quote from: OgNasty on May 25, 2017, 03:23:03 PM

When people ask me about Bitcoin and wanting to buy some, I tell them they should learn about digital cryptocurrencies, or buy a Casascius coin and put it away for a long time. I imagine there are many people wanting to invest in the Bitcoin market but feel more comfortable with physical coins.

Plus they are a great way to HODL! They have successfully kept me from selling out many times!

OgNasty

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Leading Crypto Sports Betting & Casino Platform

When people ask me about Bitcoin and wanting to buy some, I tell them they should learn about digital cryptocurrencies, or buy a Casascius coin and put it away for a long time. I imagine there are many people wanting to invest in the Bitcoin market but feel more comfortable with physical coins.

elianite

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The Cryptonumist

Quote from: coin@coin on May 25, 2017, 01:35:31 PM

We may need a cheaper paperback version of your book soon so that more people can get info on what's out there.

We plan to have much cheaper paperbacks with the next version, if and when that is ready.

That said, there is the free eBook which is about 1/3rd of the actual book. Unfortunately, very few people are reading it from what I see on site stats.

coin@coin

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We may need a cheaper paperback version of your book soon so that more people can get info on what's out there.

elianite

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The Cryptonumist

I have good news for everyone.

The meteoric BTC price rises have had two discernible effects on the collector community:
- Interest in collectible coins has increased, on both the buy and sell side
- BTC premiums have largely stayed the same, meaning that USD collector value of Casascius coins have doubled or more.

As usual, Casascius coins receive the bulk of interest.

In the past two months I have seen an increase in website views on www.coinfirm.org that is in line with the increase of interest in BTC. Perhaps more surprisingly, it seems that visitor are spending progressively more time on the website.

To me, this strongly suggests that as more people learn and begin to follow the crypto-space, the more will be drawn to the collector community. This means that if BTC grows significantly, we can exact huge growth in this community/hobby/cottage industry. This also seems to confirm the idea that at least in the case of Casascius coins, prices are determined in BTC / premium percentages and are largely not related to USD valuations. This might change in the future, but it appears that the coins are holding their BTC value well.

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