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Author Topic: [AUCTION] 1 Casascius 2013 + 1 Titan BTC (1oz999Gold)  (Read 2249 times)
GIANNAT (OP)
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January 29, 2015, 01:17:19 PM
 #21

If it went for 8 BTC it was still a pretty good deal to the buyer in my opinion, that's barely over Bitcoin + Gold spot prices at the moment.
Current Prices (from Amagi):  Gold: $1275 Oz.   Bitcoin: $222   
$1275 1 Oz. Gold / $222 = 5.74 BTC + 2 loaded Bitcoins = 7.74 BTC total spot value

So all in all, that was a steal on a Casascius premium and the premium for the low mintage Titan One Gold.


Was hoping to snipe it in the 6's myself.  Cry

6 would have been under my reserve price Wink

As snarlpill says, I think the buyer got a good deal forma that price

Michail1
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January 29, 2015, 03:22:00 PM
 #22

If it went for 8 BTC it was still a pretty good deal to the buyer in my opinion, that's barely over Bitcoin + Gold spot prices at the moment.
Current Prices (from Amagi):  Gold: $1275 Oz.   Bitcoin: $222   
$1275 1 Oz. Gold / $222 = 5.74 BTC + 2 loaded Bitcoins = 7.74 BTC total spot value

So all in all, that was a steal on a Casascius premium and the premium for the low mintage Titan One Gold.


Well, since the auction ended while bitcoin was at $241 and Gold at $1281
I saw the spot on the coins at price:  5.135 + 2 = 7.135 (and premium)
At the actual time I made my bid, bitcoin was at $281 which means the value in coin was less than the auction ending price.

I was going to bid 7.5 ending, but since he went to 8btc, I gave up.

Congrats on the sale.  Next step is to make it complete.





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January 29, 2015, 05:57:03 PM
 #23

I had 8.25 BTC in my pocket, splitting the difference on some private comms the seller and I had.. That's what I get for not getting the bid in when I could..

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