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1  Economy / Collectibles / Re: [NEW] The Bitcoin Block, full block reward from BTCC Mint on: July 09, 2016, 08:49:55 PM
Getting message from scammer about a gold based block. Buyers beware.
2  Economy / Collectibles / Re: [NEW] The Bitcoin Block, full block reward from BTCC Mint on: July 08, 2016, 08:59:25 PM
This is great,

I've always wanted to have a full block on a physical metal. The ecosystem just wasn't mature enough for it back when it was 50BTC reward. Small miners had no financial ability to manufacture these things.

Buying these means that the buyer will have to align their interest with BTCC and continue their survival. The way I see it from the business stand point is that there are no bad consequence of keeping the private key without destroying them. The only potential bad outcome is if Chinese government decides to raid BTCC and found the private keys. Remember that Mike of Casacius coin got a visit from FBI as well, so if he had kept the keys back then, I am very sure that the FBI has access to those and all of them should've ended up in Mark Force's secret wallet by now.

Pure business wise, the reason why Bobby will not use the private keys for his own gain is because if he does, the reputation hit to BTCC will be too great. Which means that their financials will have to be so bad that they need the cash flow from these blocks to tide over the year.

I look at bitcoin the same way I looked at the old roman empire when they started minting their coins with composite metal instead of pure gold and pure silver. What happened was that the pure ones gets taken out of circulation and hoarded while the newer composites gets used in daily transactions. When the shit hit the fan, the pure old coins can always get melted down and converted to the next currency while the newer composite with no precious metal content is worthless.

There's more and more debate about taint and colored coins. What we need to understand is that a newly minted coin that has never been passed around can always be trusted as something pure, that's never been used for nefarious purposes. The court cannot argue that it is used in drug trades if it is a minted block that's never been used.

As for BTCC, I have a request for these blocks. Can you also send a certificate of ownership chain like what Mike did to his customers?
3  Economy / Collectibles / Re: [AUCTION] Rare extra-large Bitcoin Block from BTCC Mint, w/ 26+ BTC, NO RESERVE! on: July 06, 2016, 06:30:22 AM
Let's get on with it and move it all the way to 30BTC and match the other blocks.
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