Is there a market for "fresh" coins?

[Funny]

Hey guys, ive been looking at the blockchain and wondering what miners do with their coins. Maybe even a random lucky GPU miner who happens to mine the block first. What does he then do with those 25 coins?

Are there a unique use to them that can't be applied in coins that have been teammates l transacted multiple times?

[mexxer-2]

Yeah some sell the untainted coins for unsurprisingly, amount higher than the untainted coin itself.

[franky1]

for instance, BTCC hoard their fresh coins.. they move them maybe once a month into smaller stashes

and their expenses and costs are covered from their other enterprises such as exchanges, etc.

[helloeverybody]

Im not quite sure why anyone would actuall want a newly mined coin over one thats been round the block a few times, The whole tainted coins thing should be irrelevent in that just because your coin has been used possibly for something illegal in the past should be of no concern to the current holder.

I dont think ive ever even looked back though any of my addresses to see how new any of my coins are because i really dont care, i guess for some this may be a big thing though.  who knows.

[1Referee]

There is a small market since there are some people willing to pay a premium to get themself a fresh 25BTC block mined into one of their wallets. To me this doesn't matter. 1 Bitcoin = 1 Bitcoin, no matter if it is freshly mined, or has been 2 years in circulation.

[franky1]

Im not quite sure why anyone would actuall want a newly mined coin over one thats been round the block a few times, The whole tainted coins thing should be irrelevent in that just because your coin has been used possibly for something illegal in the past should be of no concern to the current holder.

I dont think ive ever even looked back though any of my addresses to see how new any of my coins are because i really dont care, i guess for some this may be a big thing though.  who knows.

its more about the paranoid people that sell drugs and then want to cash out on coinbase. they dont want coinbase logging info that coins attached to user XYZ originated from a known darknet service, as coinbase also holds personal real life information about user XYZ. so they would rather send fresh coins to coinbase and leave the pool owner to spend coins with taint on electric

[Erkallys]

Personally I'd be ready to pay a premium for a fresh coin, but of course if the price is no more than +10% of the regular price. This has nothing to do with illegal activities (I don't care at all about that). That's more to tell you that you own an unique coin, that will surely have a really high value in a decade or so, when there will have a lot less coins put on the market each day.

[Amph]

i've always wonder are people willing to pay more for those coins?

it would be fun if there is a two kind of demand for bitcoin

[Erkallys]

i've always wonder are people willing to pay more for those coins?

it would be fun if there is a two kind of demand for bitcoin

I think this is a psychological effect. This way you can say that it YOUR Bitcoin, that no one on Earth ever used before you, that no one ever owned.

[helloeverybody]

I wonder if people get paranoid then if they get coins that look  like they have obviously been mixed, Ive never mixed any myself since i dont see the need for my circumstances (although i would like this feature built into a wallet).

But if you have coins that have a load of addresses all within a short time span then surely these are mixed coins, Unless they varie the amount of time before they are sent etc, Cause chances are if you have mixed coins they probably got mixed for a reason, either way even if mine were mixed im not caring.

[owm123]

Freshly mined coins are considered more valuable then used ones:
http://cointelegraph.com/news/114806/mint-exchange-service-for-newly-mined-coins-rebuffs-bitcoins-fungibility

[jakelyson]

Makes no difference to me if its freshly mined or not. But others may prefer coins with clean slates of history, not linked to any illegal activities. But paying premium for it? I don't think so. 1 btc is 1btc, freshly mined or not.

[Betwrong]

Im not quite sure why anyone would actuall want a newly mined coin over one thats been round the block a few times, The whole tainted coins thing should be irrelevent in that just because your coin has been used possibly for something illegal in the past should be of no concern to the current holder.

I dont think ive ever even looked back though any of my addresses to see how new any of my coins are because i really dont care, i guess for some this may be a big thing though.  who knows.

Same here. Why should we care whether the coins "new and clean" or "old and dirty"? They are all just like any other money ffs, we can't know about their hystory and we shouldn't bother either IMO.

[lottery248]

for me, no difference. because if you mix up the freshly mined coins with old traded coins up, then we won't know how to consider whether that kind of bitcoin is more valuable or not. FYI the coins can be mixed up within a simple transaction with old and new one.

[~Bitcoin~]

There is a small market since there are some people willing to pay a premium to get themself a fresh 25BTC block mined into one of their wallets. To me this doesn't matter. 1 Bitcoin = 1 Bitcoin, no matter if it is freshly mined, or has been 2 years in circulation.

I also find no difference between tainted and untainted fresh coins why to pay more for fresh one.

[owm123]

Im not quite sure why anyone would actuall want a newly mined coin over one thats been round the block a few times, The whole tainted coins thing should be irrelevent in that just because your coin has been used possibly for something illegal in the past should be of no concern to the current holder.

I dont think ive ever even looked back though any of my addresses to see how new any of my coins are because i really dont care, i guess for some this may be a big thing though.  who knows.

Same here. Why should we care whether the coins "new and clean" or "old and dirty"? They are all just like any other money ffs, we can't know about their hystory and we should bother either IMO.

People care, because you never know when you can be in such situation like this one: https://www.reddit.com/r/Bitcoin/comments/3mea6b/bitpay_is_blacklisting_certain_bitcoins_rejecting
http://www.bitedge.co/blog/coinbase-restricts-users-for-gambling-transactions/

[owm123]

There is a small market since there are some people willing to pay a premium to get themself a fresh 25BTC block mined into one of their wallets. To me this doesn't matter. 1 Bitcoin = 1 Bitcoin, no matter if it is freshly mined, or has been 2 years in circulation.

I also find no difference between tainted and untainted fresh coins why to pay more for fresh one.

Unfortunately, bitpay finds a differerence between tainted and untainted coins:
https://www.reddit.com/r/Bitcoin/comments/3mea6b/bitpay_is_blacklisting_certain_bitcoins_rejecting

Similar with coinbase:
http://www.bitedge.co/blog/coinbase-restricts-users-for-gambling-transactions/

[Labumi]

I think, it's all forms to ensure safety from BTC that they save.
and it could be a coin that recently she's mine and send to addres their.

[piya0608]

HEY GUYS,
"how can you say that the coin is fresh or old". Each and every coin bearred value for something, it doesn't matter that it is old or new.

[Hazir]

I think, it's all forms to ensure safety from BTC that they save.
and it could be a coin that recently she's mine and send to addres their.

As time progresses I think there will be very little bitcoin which weren't used in some sort of illegal activity - it either can be straight on black market activity, or gambling in casino
(gambling in online casinos if you are on US soil is considered illegal). In the end clean coins will be the one newer used before in any transaction.