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Author Topic: Coins funded prior to 31 July 2017  (Read 381 times)
OneNattyLitecoin (OP)
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July 25, 2017, 08:13:49 PM
 #1

So I'm here thinking about how I'm going to move my BTC around before this fork and it occurred to me that its effect on loaded coin premiums could be great effected in a post fork environment. From my understanding each funded coin will now market for x BTC + x altBTC + premium. Not knowing whether the premium for loading prior to the form is a positive or negative one, that is.

Any thoughts on how this fork will effect the collectibles market?

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July 25, 2017, 11:57:53 PM
Last edit: July 26, 2017, 12:15:41 AM by krogothmanhattan
 #2

I think your coins are safe in your cold storage wallet coins and the value of the collectable item will not decrease because of it.

 
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tothemoonsands
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July 26, 2017, 01:06:06 AM
 #3

In my opinion, all things equal, older collectibles are more desirable than newer ones. There are definitely exceptions to this but I am speaking in general, especially in regards to the "first of a kind"/classic ones such as Casascius.

Any chain split would be a natural separation/distinction because as you said, ones funded prior will contain both sides of the split. They would absolutely be worth more, as long as the price of BTC + Price of New Coin > (is greater than) the current price of BTC. Collector interest and associated premium is the cherry on top. Can't imagine coins would lose value solely because they have "more than their face" or anything like that.

Are there any ETH coins made before ETC? Would be interested to see how those faired before/after the event.


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July 26, 2017, 01:10:02 AM
 #4

In my opinion, all things equal, older collectibles are more desirable than newer ones. There are definitely exceptions to this but I am speaking in general, especially in regards to the "first of a kind"/classic ones such as Casascius.

Any chain split would be a natural separation/distinction because as you said, ones funded prior will contain both sides of the split. They would absolutely be worth more, as long as the price of BTC + Price of New Coin > (is greater than) the current price of BTC. Collector interest and associated premium is the cherry on top. Can't imagine coins would lose value solely because they have "more than their face" or anything like that.

Are there any ETH coins made before ETC? Would be interested to see how those faired before/after the event.



Dont know of any funded eth coins that came out, maybe that monster coin that elianite is selling off but other than that i think just diy coins
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July 26, 2017, 03:00:10 AM
 #5

I could see this becoming something to factor in when buying physical coins which were funded prior to Aug 2017.  There are also CLAMS which were air dropped on all Bitcoins in 2014, but those never gained enough value to make a big difference.  I could see BCC being more significant.
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July 26, 2017, 04:11:04 AM
 #6

I hadn't thought about this.  It will be interesting to see how coin premiums are effected as a result.

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