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Topic: Rare Satoshis, thoughts? Anyone on here holding or trading? Block 9 450x? - page 2. (Read 486 times)

hero member
Activity: 2366
Merit: 838
1. Use explorer which support Ordinals or other NFT such as https://ordiscan.com/
2. Enter your Bitcoin address on search bar.
3. Click on tab or section which shows any rare sats.

The website also have statistic and price for such satoshi on https://ordiscan.com/rare-sats, but i don't guarantee it's accuracy.
Or can use this website https://magiceden.io/ordinals/discover-raresats

I see this is very bad for privacy by typing a Bitcoin public address and check Rare Satoshis, perhaps only for fun and nothing more. If want to do this, to satisfy curiosity, people can check it with Tor if they want.
legendary
Activity: 2870
Merit: 7490
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The hype of such rare satoshi passed, so i'm not sure how valuable is it. While i agree all satoshi supposed to be equal, i understand why someone would sell their "Rare sats" for more satoshi.

Oh and FYI, guys are making MILLIONS selling their rare sats getting like 5000x what they are worth as a single sat and prices are going up.  Again not NFT’s, all natural un molested sats.  You could be holding some and not even know it (but you can check and isolate them).

How is one supposed to check their UTXOs for presence of rare sats?

1. Use explorer which support Ordinals or other NFT such as https://ordiscan.com/
2. Enter your Bitcoin address on search bar.
3. Click on tab or section which shows any rare sats.



The website also have statistic and price for such satoshi on https://ordiscan.com/rare-sats, but i don't guarantee it's accuracy.
legendary
Activity: 3150
Merit: 2185
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Sounds like yet another grift to me, to be honest. Not that I'm stopping anyone from paying premium for whatever perceived online clout.

I'd actually argue a market like that goes against Bitcoin's fungibility, but then again I don't think enough people would even care about these "special" sats for it to have any meaningful impact.


Christy’s and Sotheby's have auctions too.  It looks really promising to me.

Got any links? I didn't find anything on their respective websites.
legendary
Activity: 1568
Merit: 6660
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Oh and FYI, guys are making MILLIONS selling their rare sats getting like 5000x what they are worth as a single sat and prices are going up.  Again not NFT’s, all natural un molested sats.  You could be holding some and not even know it (but you can check and isolate them).

How is one supposed to check their UTXOs for presence of rare sats?
legendary
Activity: 882
Merit: 1873
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This makes no sense.

It would of made sense if every single Satoshi had a Serial Number of some sort attached to it.  Just like Banknotes do.  But in this case, it is equal to thinking a single drop of water out of a filled bucket is rare.  How do you move the drop of water and identify it as the rare one?

It is interesting to know that some of your Bitcoin were initially part of the first ever Mined blocks of Bitcoin.  But identifying how many and where and even making them non Fungible is a no from me.  All Bitcoins should be Fungible.  I hate how we are drifting away from that willingly.
sr. member
Activity: 1400
Merit: 268
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I personally disagree that certain Bitcoin mined in certain block is special, this whole rare sats is a very speculative market, more like an art business rather than cryptocurrency or even investment. The price range of a single rare sats is extremely wide, like how the Block 9 Satoshis have been selling between $6 and $1,100.  https://magisat.io/category/activity/b9-450

Besides my personal opinion the whole concept of these sats being "seriously valuable" is still pretty debatable even in the collectible community. Christie's and Sotheby's have featured some, but mainstream appeal and liquidity simply are not as developed as other collectibles or NFTs. Worth being cautious, not jumping in purely out of FOMO without considering how niche this market still is. Investing in rare sats might take longer to see real returns, and the hype doesn’t always match the market stability right now.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
Is anyone here holding / looking at Rare Satoshis on Magisat or Magic Eden?  I feel like these have a lot of potential.
Yes there is potentiality but you must have clear thinking on what sort of potentiality is.

In my opinion, it's potentiality for losing your money to scammers. All satoshis are the same and have same value, what the *uck is Rare Satoshi?
It does not make any sense of all. If it is Rare Satoshi, does it mean you will not spend it.

Satoshis, bitcoins are created for spending and they are all spendable. No single satoshis, bitcoins should be kept forever because they are rare or whatever reasons. Only lost bitcoins won't be spendable.

Check if you have any rare satoshi

The scam is like I have 1 BTC created from a block in 2024 and you have 1 BTC created in a block in 2014, and your 1 BTC has higher value than mine. Is it fair?
Does it make sense?
It's scam.
legendary
Activity: 3472
Merit: 10611
Block 9 450x for instance are from the first bitcoin that was ever mined.

Oh and FYI, guys are making MILLIONS selling their rare sats getting like 5000x what they are worth as a single sat and prices are going up.
How would that even work?
If what makes a certain coin rare is being the reward of a certain block, the moment those coins move (are sent to the buyer's address) they stop being "rare"! If the seller sells the private key (without moving the coins), it would be scam because they will still own those coins and can move them at any time.
copper member
Activity: 30
Merit: 4
Well these are not NFT’s, or changed or added inscription.  All natural satoshis.

Just to be clear, these are just satoshis deemed rare and isolated in certain ways.  Satoshis lost in isolating was an early issue.  Now they have ord wallet addresses that make it very safe to move around.

Still Fungible technically.  But look at it like collectible Fiat Currency coins.  Fiat currency like USD Coins are still fungible, just because someone collects it for a certain rarity.  Collecting them does not change the satoshi in anyway.  

Block 9 450x for instance are from the first bitcoin that was ever mined. So just pieces of the first bitcoin mined, and the first block.  So it is basically owning some of the first bitcoin ever (available). I think the first 10 are in Satoshi’s wallet and should never move.  Still completely fungible, just like collectible USD currency coins are still fungible.  

Again not additionally inscribed or nft’s.  Just more rare than other satoshis and they have been identified and categorized just like Coin Collectors have done for hundreds of years.

Satoshi did make the software capable of inscribing satoshis.  This is a function of the blockchain software.  Just like all satoshis have a NAME and NUMBER inscribed by the blockchain even before they have been mined it is all predetermined by the BTC software.  

There are some pretty cool satoshi names out there (assigned by the BLOCKCHAIN, not some random NFT dev).  Because of the amount of satoshis that will be mined over time there is virtually any name you can imagine.  My name is one first and last.  So are some of my friends. And ridiculous phrases.  All satoshis have names already. You can search all of this.  And this was done by Satoshi not some NFT dev.  It is in the blockchain software.  Some of the Satoshi names are hilarious.  You can search and check wallets and search random names on Ord.io it uses the ordinal software to search the blockchain data.  There are other useful sites too to check your own wallets.

I am just trying to clarify, it seems like maybe there is some misunderstanding of what rare sats are. Not NFT’s or added inscription.  All Natural, just separated and grouped to be collected.

So if you have rare sats in your wallet you can isolate them for almost nothing.  It is not an costly thing if you use the Sparrow software.  It is a pretty cool thing once you realize Satoshi Nakamoto did this. He assigned names and numbers, and other technical data that by design can make them more rare/collectible than others.

Oh and FYI, guys are making MILLIONS selling their rare sats getting like 5000x what they are worth as a single sat and prices are going up.  Again not NFT’s, all natural un molested sats.  You could be holding some and not even know it (but you can check and isolate them).

Sothebys auction house sold some rare named sats for like 15k -25k each.  Also there are exchanges that trade them and certain sats have been sold for multiple bitcoin for their rarity.
legendary
Activity: 3472
Merit: 10611
Every single satoshi on the Bitcoin blockchain are completely equal and the same. Now if you decide to pay more for an arbitrary coin, that is your own personal choice but that doesn't make those coins "rare". As it was said, Bitcoin is Fungible.
hero member
Activity: 742
Merit: 633
I don't care at all because Bitcoin is fungible instead of non fungible and I don't want to input anything on random sites because it would harm my privacy. I don't see these kind bugs in Bitcoin are potential, hopefully the developers will fix that and block people from exploiting bugs in Bitcoin.

If you're looking for collectibles, it's on here Collectibles.
legendary
Activity: 1372
Merit: 2017
This is not my case, although I have heard of some satoshis being more valuable than others. Like the first blocks or the halving or around it, that's why NFT spammers went crazy paying high fees to insert their images in them.

But I think unless care is taken when transferring them they may end up mixed with other satoshis and then they would lose the value they have.
copper member
Activity: 30
Merit: 4
Is anyone here holding / looking at Rare Satoshis on Magisat or Magic Eden?  I feel like these have a lot of potential.  I think of them like the collectible coins of crypto.  When I look at all the categories I feel like it is obvious that Block 9 450x have the greatest potential.  I definitely fomo’d a bit Smiley.

If you don’t know, you can check your wallets for rare sats that you might already have hiding.  Some are seriously valuable.  Christy’s and Sotheby's have auctions too.  It looks really promising to me.

Any thoughts? 
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