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Topic: Satori IS***** CLOSING***** IMPORTANT NOTICE !!!!! (Read 785 times)

full member
Activity: 504
Merit: 185
Of course there are no guarantees in life but I would put Satoris away for the long term. I expect them to appreciate like Kialaras.

Is that a good thing? I could be wrong but I feel kialaras have been on a steady decline in value for the past few years in both btc and usd.. i have some that i feel arent worth what they were last year or the year before, especially the goldie.. but I would love to be wrong!!

Really? I've never seen what I consider a reasonable price for a Kialara Gold - if anyone has one to sell, I'm open to PMs.  Grin

Could we attribute the decline in the kailara market to Tman not purchasing them anymore. Or not buying every single one that came up for sale
full member
Activity: 318
Merit: 116
Of course there are no guarantees in life but I would put Satoris away for the long term. I expect them to appreciate like Kialaras.

Is that a good thing? I could be wrong but I feel kialaras have been on a steady decline in value for the past few years in both btc and usd.. i have some that i feel arent worth what they were last year or the year before, especially the goldie.. but I would love to be wrong!!

Really? I've never seen what I consider a reasonable price for a Kialara Gold - if anyone has one to sell, I'm open to PMs.  Grin
legendary
Activity: 1806
Merit: 1164
I wish I had more freed up btc because I would buy one of those ruby labyrinths. I'd be willing to trade one of my funded .1 series 1 silver lealana's for it.

I imagine anyone lucky enough to win an auction for a ruby labyrinth will be holding long term:)
newbie
Activity: 57
Merit: 0
I wish I had more freed up btc because I would buy one of those ruby labyrinths. I'd be willing to trade one of my funded .1 series 1 silver lealana's for it.
legendary
Activity: 1806
Merit: 1164
Of course there are no guarantees in life but I would put Satoris away for the long term. I expect them to appreciate like Kialaras.

Is that a good thing? I could be wrong but I feel kialaras have been on a steady decline in value for the past few years in both btc and usd.. i have some that i feel arent worth what they were last year or the year before, especially the goldie.. but I would love to be wrong!!

You make a valid point the market for some Kialaras is soft right now. It will recover. Take a look at the auctions for the 20 limited Kialara Labyrinth (Ruby edition). Also #12 Original just sold for $1234 (cost $99.)
jr. member
Activity: 108
Merit: 1
Of course there are no guarantees in life but I would put Satoris away for the long term. I expect them to appreciate like Kialaras.

Is that a good thing? I could be wrong but I feel kialaras have been on a steady decline in value for the past few years in both btc and usd.. i have some that i feel arent worth what they were last year or the year before, especially the goldie.. but I would love to be wrong!!
newbie
Activity: 57
Merit: 0
That's too bad. I'm really glad I won that auction from LesbianCow for 5 of their series 1 chips & a signed poster now. I did eventually want a roll though. This is sad news. Those are some high quality chips. They're really nice.
hero member
Activity: 864
Merit: 648
Wow... Sorry to hear this, hope they managed to recover their BTC from the payment processor who had it tied up.

I think it's worth noting that if 50,500 is the total number, it isn't really that many when broken down into rolls of 25 chips. That works out to only 2020 rolls in total.

Imagine how many of the chips were sold directly as singles, then imagine how many were sold as rolls but were broken up into singles to be sold or given away. I wouldn't be surprised if there were less than 1000 full satori rolls in existence as of right now...
hero member
Activity: 1035
Merit: 659
friendsofsatoshi.com
Of course there are no guarantees in life but I would put Satoris away for the long term. I expect them to appreciate like Kialaras.

Oh yeah, agreed!! Satori is right up there with the best of them! Just had to express to other potential collectors getting into the space that in terms of maximizing BTC as an investment vehicle, collectibles have their risks/limitations. As does everything though, it's just that as the value/premium gets further decoupled from the actual BTC value loaded on the collectible, the risks can become greater. Satori has always been a shining example of a collectible with one of the lowest premiums, and I hope that if/when production can resume, they can continue to illuminate that path of affordable collectibles that push mainstream adoption into reach.

legendary
Activity: 1806
Merit: 1164
Of course there are no guarantees in life but I would put Satoris away for the long term. I expect them to appreciate like Kialaras.
hero member
Activity: 1035
Merit: 659
friendsofsatoshi.com
So this means that all satori rolls will increase the price? I'm glad I bought some of it and it is a very good investment. Is my thoughts is right?

Already increasing in price. A few months ago you could get a roll for 0.035 in a group buy and one auctioned yesterday for 0.102.

I think it is important to clarify that there is no guarantee Satori rolls will continue to increase in BTC value. As long as Satori is no longer producing, I would say USD value increasing is all but certain. But value based in BTC certainly will fluctuate because, for instance, if BTC quickly jumps to $20k+, will Satori remain at 0.102? Possibly, although it is more likely that it would take a hit and be worth less in BTC. It's also worth mentioning that due to the rapid interest in Satori rolls, we may see more rolls for sale as sellers try to maximize how much they receive per roll. As more rolls enter the market, it is possible that either demand will continue to push value higher OR supply could start to exceed demand and value could taper off a bit. In short, hard to say! Long-term though no doubt Satoris have a very substantial contribution to this space, and the value will reflect that accordingly.
legendary
Activity: 1806
Merit: 1164
So this means that all satori rolls will increase the price? I'm glad I bought some of it and it is a very good investment. Is my thoughts is right?

Already increasing in price. A few months ago you could get a roll for 0.035 in a group buy and one auctioned yesterday for 0.102.
hero member
Activity: 946
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
So this means that all satori rolls will increase the price? I'm glad I bought some of it and it is a very good investment. Is my thoughts is right?
full member
Activity: 504
Merit: 185
Will have to be another country than China or Japan. BTCC already gone and Satori speculatively shutting down due to high cost of meeting Japan's AML/KYC requirements. What are the bitcoin friendly countries with the manufacturing capability for chips already in place? There is a void to be filled some entrepreneur may step up to the challenge.

All someone has to do is move to some remote island where anything flies...the ones where all the online casinos operate out of etc.

Is there any unclaimed left in the world? Maybe we can start our own country
legendary
Activity: 2282
Merit: 3014
Will have to be another country than China or Japan. BTCC already gone and Satori speculatively shutting down due to high cost of meeting Japan's AML/KYC requirements. What are the bitcoin friendly countries with the manufacturing capability for chips already in place? There is a void to be filled some entrepreneur may step up to the challenge.

All someone has to do is move to some remote island where anything flies...the ones where all the online casinos operate out of etc.
sr. member
Activity: 1928
Merit: 354
Whatever Yoshi & Moto do, I wish them all the best!  Smiley
sr. member
Activity: 845
Merit: 267
Lads, threads like this is the real news, sincerely, thank you.

haha well college football is over for now sooooo   bitcointalk
legendary
Activity: 3178
Merit: 1348
Not entirely sure on the regulation but pretty sure something like this could be operated in the UK rather easily.
sr. member
Activity: 1526
Merit: 473
Lads, threads like this is the real news, sincerely, thank you.
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
Will have to be another country than China or Japan. BTCC already gone and Satori speculatively shutting down due to high cost of meeting Japan's AML/KYC requirements. What are the bitcoin friendly countries with the manufacturing capability for chips already in place? There is a void to be filled some entrepreneur may step up to the challenge.

Australia may get on board they seem to be pretty crypto friendly with the government funding some projects.

also Satori isn't the only one under the watchful eye of the FSA

Binance has received a formal warning from Japan’s Financial Services Agency (FSA) for operating in the country without registering with the regulatory agency as a cryptocurrency trading platform.  In a letter dated March 23 and addressed to Binance CEO Changpeng Zhao, the FSA warned the exchange operator to cease operating in Japan without a license.  moving to Malta I hear

They are welcome with open arms to MALTA as per the following


http://fortune.com/2018/03/23/binance-bitcoin-exchange-cryptocurrency-malta/
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