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Rare satoshis are not NFT’s or ORDINALS. Ordinal software is used to identify and group them into a UTXO that can be collected and traded. Here are some links where you can learn more about the history and get started. (all legit sites, you can do your own due diligence to verify them): https://ordinals-1.gitbook.io/ordinals-guide (has all the old school info from the beginning. Has great info about SPARROW software where you can find and create UTXO of rare sats you own without using a service) https://www.raresatsociety.com/ (the original sat hunter and inscription service. Pretty much a dead site, but rare sat society was the beginning of collectors and has some good info to research) https://www.ord.io/ (here you can search sat names, numbers, and even find wallets that are holding rare sats. You can find sats that haven’t even been mined yet  ) https://magisat.io/ (great place to buy and sell rare sats, you can also separate rare sats into UTXO yourself for a fee) https://sating.io/ (search your wallets to see if you are holding any) https://ordiscan.com/https://magiceden.us/ordinals/discover-raresats (magiceden you can trade and buy, search your wallets, but their site needs work, magisat is more functional) XVERSE wallet is nice too. They have a section just to see if you have rare sats. If you trust Xverse wallet then you do not have to enter your public wallet address anywhere, but don’t be paranoid about your public wallet. Oh and Block 9 450x are the BEST!!!   |
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The flow of satoshis from inputs to outputs in Bitcoin transactions is done First-In-First-Out. (sending a UTXO containing 1,000,000sats to two addresses: 500,000 to the first and 490,000 to the second, will send the first 500,000 to the first address, 490,000 to the second, and the rest of 10,000 sats to the miner's address adding the block)
This is an Ordinal theory not a Bitcoin protocol Bitcoin are fungible so all Sats are equal. This is highly likely a passing Fad so I doubt it has a future not to mention rarity is speculative and hasn't been proper stated so I doubt it would be liquid. Not to mention It was increase the number of Bitcoin scams since individuals that know little and have the money could be deceived to buy a "normal" as rare. Yes it's fun hunting and seeing something corresponding with history, but if miners focus on rare Sat's what do you think would happen to the security of Bitcoin in the long run? Well not a hater of development but I love development that complements not contradicts. JUST FYI to all: Every satoshi has its own unique name, number, and place in the blockchain. It also has a history of where it has been. These are all attributes that can be used to make something collectible. These factors can lead to extreme rarity whether you agree or not. Those are facts. Whether it catches on is another question. Also all of this satoshi data can be looked up and verified all the way to the final satoshi that will ever be mined. The data has already been created all the way up to the final sat that will be mined. |
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This is why I like to think of Rare Sats as Collectible Coins. Although different, as Sats do not have misprints, made from different materials, removed from circulation, or uncirculated. Rare sats have different qualities that make them rare and collectible. Pure unmolested sats that have a historical significance.
Like it or not that is fine, but do not be confused, these are not NFT’s or ORDINALS.
The ordinal software filters the data on the blockchain and groups the Rare Sats into a UTXO on their own to make them easier to trade. They are traded in a BTC ordinal wallet to keep them safe and protected from being used as fees, or gas.
There are some DEVS that made NFT’s with rare sats, but that is a very small percentage. In my opinion I do not buy those. I pass on a rare sat bag that has someones inscription or image added to it. I like the purest UTXO with only rare sats on them.
But I agree keep the topic to Rare Sats and not NFT’s. They are not NFT’s or ORDINALS.
The more we talk about this the better people will understand what they are. Yes they are sold on NFT sites but there has to be a marketplace somewhere. If you do not like trading on NFT marketplaces then this isn’t for you. An NFT marketplace is just a DEX or CEX with a different function. It is no more risky that trading BTC on a DEX or CEX. Do your homework, do not trade on a scam site YES, but NFT or FT exchange all have scam sites.
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Rare Satoshis are NOT ordinals. The ordinal software was created to search for and hunt for satoshis (and other features). ORDINALS are satoshis that have had inscriptions added RARE SATOSHIS are pure BTC SATS. Nothing has changed. They are not ordinals. The ordinal software is used to find them and group them into a utxo together. NOT ORDINALS not NFT's.. The ordinal software also is what is responsible for these NFT’s and weird inscribed sats and those are ORDINALS. It needs to be clear that Rare Sats are just pure unmolested satoshis. Nothing added, nothing changed. It is the sats history that can make them rare. Just transfering them multiple times doesn’t change its history. Someone out there has the very first sat to ever hit the market. That is pretty collectible in my opinion. Then you can categorize them on many factors for collectibility. Sats that were used to hire a hitman, the sats that were used to buy the Papa Johns pizza in the very beginning that were used to establish a base price of BTC. Block 9 450x are the very first block of sats that were mined. That is pretty collectible.. The less of a certain sat the more rare. Block 9 450x to me are the most collectible. Sure there are more rare ones, but only a few and people have already found them or they are still in peoples wallets undiscovered. It needs to be cleared up that these are not NFT or ORDINALs. They are just plain satoshis. The ordinal software is used to find them and group them into a UTXO that has the lease amount of common satoshis so that it can be traded. This is using software to filter and sort satoshis, much like the CEX has software to filter data on the blockchain and sites like ethscan. This is used to filter the data NO CHANGE IT.
If you hate ORDINALS AND NFT’s that is fine, but do not lump RARE SATS with them. These are just satoshis that are rare..
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.
Satoshis do have a serial number and a name. ALL OF THEM. Even the ones that have not been mined are already serialized and named. You can look up the final sat that will ever be mined and it already has a number and a name. This is the premise of why they can be collectible. They have a history and are each unique. This is all done by the BTC blockchain software, not some random dev for an NFT or Ordinal project.
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.
https://bitcointalk.org/index.php?topic=5510649.msg64575180#msg64575180Perhaps this is a good explanation of why satoshis can be tracked and how. Simply by assigning ids and tracking them, you can identify rare sats. Lmk if the referenced post makes sense . Thx The BTC software assigns a name and number to every sat that has been mined and will be mined. This is done from day 1. The names and numbers of future sats that have not even been mined are already named and numbered. It is a built in function of the blockchain. These are not added on to them after mining. You can look up the final satoshi that will ever be mined and it already has a name and number assigned.
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.
Every satoshi has its own unique name, number, and place in the blockchain. It also has a history of where it has been. These are all attributes that can be used to make something collectible. These factors can lead to extreme rarity whether you agree or not. Those are facts. Whether it catches on is another question. Also all of this satoshi data can be looked up and verified all the way to the final satoshi that will ever be mined. The data has already been created all the way up to the final sat that will be mined. |
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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.
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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 . 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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Congrats Fattcatt! Sorry I was not able to be by the computer for the ending. You are correct EST time. I reset the countdown and forgot to change the time zone I guess.
I will pm you momentarily with further details. Thanks again.
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ESCROW AVAILABLE AT BUYERS EXPENSE, PLEASE SPECIFY IF YOU WANT ESCROW WITH YOUR BID Crypto Imperator 10,000 bits Bitcoin Collection. Made in 2014. Limited mintage of 500 coins. AUCTION ENDS: 11-28-2021 10pm EST NEW YORK These coins were funded prior to Bitcoin ever forking. This means in addition to the .01 btc, they also have ALL of the forked coins on them as well. This coin is fully funded and untampered and has been very well cared for. It comes in standard plastic case with the black border that all CryptoImperator coins are in.     Bid Format: Bids only in BTC **** ONLY PAY TO THE ADDRESS IN THIS AND MY PREVIOUS AUCTIONS**** I WILL NEVER ASK YOU TO CHANGE THE PAYMENT ADDRESS AT ANY TIME**** Starting Bid: 0.02 btc Bid Increments: no smaller than 0.001 btc Auction Ends: 11-28-2021 @ 10pm EST(New York) Countdown: https://www.timeanddate.com/countdown/generic?iso=20211128T22&p0=32&msg=Bitcoin+Talk+Auction+10%2C000+Bits+CI+Coin&font=cursiveNO Sniping: Each bid during the final 15 minutes adds an additional 15 minutes until no new bids have been made for 15 minutes Shipping: $20 Shipping: $45 If you want to add USPS Priority Insurance up to $5,000 coverage (can not guarantee claim will be paid) A prompt payment is appreciated. Winner has 24 hours from the end of the auction to pay. BTC payment only to this address: 3L54bhwaPTXLbgDUm9B4mcTuYcABELPyFG **** ONLY PAY TO THE ADDRESS IN THIS AND MY PREVIOUS AUCTIONS**** I WILL NEVER ASK YOU TO CHANGE THE PAYMENT ADDRESS AT ANY TIME**** |
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Congrats to sweeteye for the winning bid at 0.031 BTC!! I will be sending you a pm shortly with payment/shipping details.
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No escrow will be used. I have a sold coins in the past this way and many others do as well. Feel free to check my other auctions. This coin will ship promptly tomorrow morning. Thanks for the interest.
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Crypto Imperator 10,000 bits Bitcoin Collection. Made in 2014. Limited mintage of 500 coins. AUCTION ENDS: 11-03-2021 10pm EST NEW YORK These coins were funded prior to Bitcoin ever forking. This means in addition to the .01 btc, they also have ALL of the forked coins on them as well.     This coin is fully funded and untampered and has been very well cared for. It comes in standard plastic case with the black border that all CryptoImperator coins are in. Bid Format: Bids only in BTC Starting Bid: 0.015 btc Bid Increments: no smaller than 0.001 btc Auction Ends: 11-03-2021 @ 10pm EST(New York) Countdown: https://www.timeanddate.com/countdown/generic?iso=20211103T22&p0=179&msg=Bitcointalk+Auction&font=cursiveNO Sniping: Each bid during the final 15 minutes adds an additional 15 minutes until no new bids have been made for 15 minutes Shipping: $40, USPS Priority shipping within Continental US with insurance up to $5,000 A prompt payment is appreciated. Winner has 24 hours from the end of the auction to pay. BTC payment only to this address: 3L54bhwaPTXLbgDUm9B4mcTuYcABELPyFG |
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Congrats Ballhog69 on your winning bid! You got a great price. I will pm you with payment details. Thanks.
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Love me some CI coins. And from a Nigerian prince nonetheless!
I felt like I was the prince with all of the great customer service, pre-shipment packaging photos, and frequent updates to the package tracking status! Great seller to work with! Great pics Concorde.
Thank you  ! Thank you very much. That is nice to hear. I will be working on my picture quality, definitely some great pics Concorde thanks! My wife has a macro camera that I will probably start using from now on. A new coin has been listed, please bid with confidence. -The Prince |
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Crypto Imperator 10,000 bits Bitcoin Collection. Made in 2014. Limited mintage of 500 coins. ends 5/16 10pm est These coins were funded prior to Bitcoin ever forking, so in addition to the .01 btc, they have ALL of the forked coins on them as well.     This coin is fully funded and untampered and has been very well cared for. It comes in standard plastic case with the black border that all CryptoImperator coins are in. Bid Format: Bids only in BTC Starting Bid: 0.01 btc Bid Increments: no smaller than 0.001 btc Auction Ends: 5/16 @ 10pm EST(New York) Countdown: https://www.timeanddate.com/countdown/generic?iso=20210516T22&p0=179&msg=BitcoinTalk+Auction&font=cursiveSniping: No, each bid in the final 15 minutes adds 15 minutes until no bid has been made for 15 minutes Shipping: $40 insured USPS within Continental US A prompt payment is appreciated. The buyer will have no later than 24 hours from the end of the auction to pay. BTC payment only to this address: 3L54bhwaPTXLbgDUm9B4mcTuYcABELPyFG Feel free to refer to my previous 2 auctions. Happy Bidding! |
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Congrats to ConcordeSST on your winning bid!! Another lucky bidder on the Prince's auctions. I will pm you with the payment details. Once again congrats!
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Bump |
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