Here's proof of my purchase of a BTC0.10 Casascius coin for BTC0.71. I paid Dollars for it, and at the time a bitcoin was selling for $595.  Since i'm posting a cropped screenshot of a webpage I wrote my screen name in the URL bar (like one would right their name on a piece of paper for a pic like this). |
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Blazed is right, all Casascius silver coins will fetch a premium of at least 1 BTC, and even that small of a premium is really a steal. To embed an image into your post: [img]http://link to your image[/img] Thanks for the start on embedding an image, the problem is my image is a file not a link. Can I still upload it? |
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Beautiful coins. The real value is what it's worth to you! Here's some more information, the mintage numbers for each coin, i love this site -> http://www.spotcoins.com/bitcoin/casasciusI've paid BTC2 for a few of my BTC1 coins. I also believe that Camolist is offering the best price right now. The only problem with buying from him is that you have to wait until he has enough orders to send them out. |
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You do not multiply the markup times the face value. There is a 1BTC + premium for these coins. All Casascius silver coins command at a minimum of 1BTC+ of a premium. Take a look through previous sales and you will see the pricing trends.
Blazed, First, the multiple I reference is merely a way to compare prices across different coins - 1x face, 3x face, etc. Second, it's arrogant (and a bit naive) of you to say that all silver coins command this exact amount of premium. What makes you the authority over pricing? Why should any of us make buying decisions on what you randomly declare on some thread? The premium is what amount over face one wants to pay (or receive). The multiple is a way to compare that premium across different coins. And finally, it's only MY opinion when I say that X over face value is too much. The market price is whatever anyone will pay for a coin at any given period in time. I respect the good discussion and all of you (don't let my sometimes-sharp-tongue make you believe otherwise!) Quickseller, As for my purchase of the tenth for BTC0.71, i can share proof - how do I insert or paste an image to a post? My purchase wasn't made on the forum, but I can verify date, purchase price, and the fact that it's mine. I was speaking from my limited experience with these coins and not for everyone. From what I have seen silver Casascius coins command those premiums...I could be wrong. Cool, cool. As I said - I respect all of you and the great discussion (and disagreement at times.) It's our collective knowledge that makes the market more mature. And for the absolute record, I also believe that Casascius coins are a part of numismatic and bitcoin history. They deserve to command high values. |
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You do not multiply the markup times the face value. There is a 1BTC + premium for these coins. All Casascius silver coins command at a minimum of 1BTC+ of a premium. Take a look through previous sales and you will see the pricing trends.
Blazed, First, the multiple I reference is merely a way to compare prices across different coins - 1x face, 3x face, etc. Second, it's arrogant (and a bit naive) of you to say that all silver coins command this exact amount of premium. What makes you the authority over pricing? Why should any of us make buying decisions on what you randomly declare on some thread? The premium is what amount over face one wants to pay (or receive). The multiple is a way to compare that premium across different coins. And finally, it's only MY opinion when I say that X over face value is too much. The market price is whatever anyone will pay for a coin at any given period in time. I respect the good discussion and all of you (don't let my sometimes-sharp-tongue make you believe otherwise!) Quickseller, As for my purchase of the tenth for BTC0.71, i can share proof - how do I insert or paste an image to a post? My purchase wasn't made on the forum, but I can verify date, purchase price, and the fact that it's mine. |
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To those asking about re-enrollment, here's your answer. Ndnhc mentions it on the second page of this thread. What should I do? Do we need to enroll again for this campaign?  No need to change that avatar. But yeah, re-enroll. |
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I'm in.
Name: Possum577
Post count (including this one): 1410
Bitcoin Address: 1Exx48BUTb57hPND67Mt5WwPXiTA9CjoEs
Profile link or UID: 351490
Cool idea, thank you.
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What's the easiest wallet to use to acquire bitcoin from fiat? I want something that has the lowest barrier to entry and many of these are so complicated (seemingly) to get into. I remember it kept me out of the game back in 2013.
All thoughts are appreciated. Thanks.
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Saving vs. Investing - it's basically the same thing, not a one or the other. If you're doing either of these you're doing better than the people that are spending a lot.
Financial security is a dynamic principle. It's relative to what everyone else has. If I have $100 surrounded by people with $10,000, i'm not feeling very secure. If I have $100 surrounded by people with $1, i'm feeling very secure.
Maybe I should be saying - Saving? Investing? Spend, baby spend!
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Singapore-based Ernst & Young LLP Partner Jan Bellens believes "cryptocurrencies are a great innovation with great upsides for the long-term," as long as the two keys issues, named as security and KYC, get resolved in the short-term.
I dont see how "security" is the issue here since cryptocurrencies are way more secure in comparation to the old bank/fiat system if you are going in for long term. There could nothing more secure than "securing your own holding" like you can do with crytocurrencies. One of the issue with using cryptocurrencies is that it is inevitable to volatility that withhold some potential of it since most people only based on how good a cryptocurrencies is from the value of it Securing your bitcoin holdings is significantly more difficult than securing your cash - which is protected form fraud in the US through FDIC insurance (which ever bank in the US is covered by) or simply holding your cash in your home. Bitcoin, however, required complex addresses, access to systems that will authenticate the public and private keys to make a transaction, and (most alarming) any online bitcoin account is never in full control of the owner!Banks are still more secure than bitcoin, unfortunately. I agree with EY's analysis that security is a big issue. However I don't think KYC regulation would be good for bitcoin, part of the benefit of the currency is the anonymity. This is quoted from the article as I see that their statement has some flaw in it There are massive security risks. The fact that there are large sums of virtual money involved, attracts quite a lot of criminal activities and quite a lot of security issues." Seems to be a flaw there, Large sum of money involved ( in this case cryptocurrencies ) has nothing different than a large sum of FIAT involved. Criminals will always be attracted to large sum of money and it has nothing to do with either cryptocurrencies or FIAT. As for the bolded part. Those bolded part are actually about human error in securing it especially if it is a techsavvy guy. In one point you are right that but in the other point if you are a not a techsavvy guy than money is still much more secure in form of crypto. P.S: most thief are techsavvy as well and top hackers will aim for exchangers rather than someone's personal wallet with few BTC in it. Just my 2 cents though What are you saying? It's really hard to follow your point. Can you summarize it? |
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I just finished your survey. It was 3 questions and took exactly 3 minutes (at the most) to complete. Thanks for making it so easy!
With this post I'll give you a little bump to the top of the page, hopefully this will get you a few more respondents. Good luck with it!
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What Will it Take For BTC to Reach $1000?
Let's discuss.
It will happen very easy, remember when we shot past $266 when that was the previous ATH. Once the bull market starts is the biggest show in town lets not forget. And what will start the bull market in Bitcoin? I think that's really what this discussion is about - not the "yes it will" or "no it won't" but the - here's what's going to happen and why? As I remember BTC shooting past $266 I'm reminded that BTC now trades at $238... |
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Singapore-based Ernst & Young LLP Partner Jan Bellens believes "cryptocurrencies are a great innovation with great upsides for the long-term," as long as the two keys issues, named as security and KYC, get resolved in the short-term.
I dont see how "security" is the issue here since cryptocurrencies are way more secure in comparation to the old bank/fiat system if you are going in for long term. There could nothing more secure than "securing your own holding" like you can do with crytocurrencies. One of the issue with using cryptocurrencies is that it is inevitable to volatility that withhold some potential of it since most people only based on how good a cryptocurrencies is from the value of it Securing your bitcoin holdings is significantly more difficult than securing your cash - which is protected form fraud in the US through FDIC insurance (which ever bank in the US is covered by) or simply holding your cash in your home. Bitcoin, however, required complex addresses, access to systems that will authenticate the public and private keys to make a transaction, and (most alarming) any online bitcoin account is never in full control of the owner! Banks are still more secure than bitcoin, unfortunately. I agree with EY's analysis that security is a big issue. However I don't think KYC regulation would be good for bitcoin, part of the benefit of the currency is the anonymity. |
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I'll secondthe request for you to share the results of the study with us here in he forum. We need to make sure we're all reading and publicizing the most current research on how Bitcoin is impractical our lives, business, and economies.
Looking forward to participating!
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I checked out the website, but it's unclear if H289 is proposing the bullets in the website or if those bullets are your response/defense of voting no. What regulations, exactly, is NC trying to institute? Is there a website for the proponents of the law that you can share with us so we can best understand the full issue?
Thanks.
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Yeah, the CIA had been watching them and tracked them previously (like years before) and deemed them not to be a threat.
You can't just post a link and expect anyone to engage you in discussion - what's your take on this? Any original thoughts to share? This could generate interesting talk.
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Just wondering if anyone makes a decent profit of btc through signature campaigns
They shouldn't be making too much. If they're making a "decent profit" they're probably making frivolous posts, which is severely frowned upon. If you start your thinking on income generation over posting productive contributions to the discussion you're going to end up chasing posts with bullshit, worthless comments. This ends up hurting us all. Think of the signature campaigns as a nice bonus for your thoughts on this forum - it's not an income stream. Also, it depends on where you live. One country's euro is another country's 10 dollars. |
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Destruction, errr severe currency inflation could get BTC to $1000 per coin. That wouldn't necessarily be a good thing though...except for all of is on the right side of it. The value of the currency is tough to predict, we still don't know if this thing is going to serve its purpose as a currency or an asset class. That decision will impact the price.
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I'm hanging on to mine right now. Not spending, not trading, just saving. I'm hoping to build a nice foundation from which to do some important stuff.
Gotta know when to hodl'em.
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Singapore-based Ernst & Young LLP Partner Jan Bellens believes "cryptocurrencies are a great innovation with great upsides for the long-term," as long as the two keys issues, named as security and KYC, get resolved in the short-term. Speaking in an interview with Channel NewsAsia Connect, Ernst & Young's Global Banking & Capital Markets Emerging Markets Leader, Jan Bellens, said his company truly believes in cryptocurrencies' potentials, which he believes hold "many upsides, especially for emerging markets." However, the executive noted that several issues needed to be resolved in the short-term in order for the technology to reach its maximum potential and succeed as global currencies. When one of the big for accounting firms is touting the benefits of cryptocurrencies we've started to turn the corner on widespread acceptance. This is very, very good news! More here.... -> http://cointelegraph.com/news/113061/ernst-young-cryptocurrencies-are-a-great-innovation |
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