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Author Topic: These physical LTC look awesome!  (Read 3690 times)
jrbuddy2 (OP)
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June 12, 2013, 04:49:31 PM
Last edit: June 12, 2013, 05:03:30 PM by jrbuddy2
 #1

I found this on image search and saved it to my pc, but cant find the link again.

https://i.imgur.com/RY4Hv0n.jpg
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fahrenheit451
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June 12, 2013, 05:01:45 PM
 #2

They sure do!
jrbuddy2 (OP)
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June 12, 2013, 05:03:09 PM
 #3

I just realized it says silver on it!
jasinlee
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June 12, 2013, 05:47:37 PM
 #4

so shiney

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wizzardTim
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June 12, 2013, 05:49:03 PM
 #5

amazing!

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nviere
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June 12, 2013, 05:57:26 PM
 #6

nice Smiley
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June 12, 2013, 05:58:31 PM
 #7

I know for a fact that these physical litecoins are for real. These have been in the works for months now. No, I didn't create them, but I know the person who did.
I was expecting a full announcement from him soon and I can't wait to purchase a few.

sprinkles
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June 12, 2013, 06:00:38 PM
 #8

I want some!

I was torn between buying more Litecoins and buying more silver. Now I can do both.  Smiley

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wiggi
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June 12, 2013, 06:46:20 PM
 #9

Awesome. Not sure if the "very expensive high security tamper proof hologram to secure each private key" method is practical...
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June 12, 2013, 06:49:47 PM
 #10

Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -
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June 12, 2013, 06:55:14 PM
 #11

Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.

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June 12, 2013, 06:56:55 PM
 #12

Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.

And that means litecoin would go up in value and it would now be backed by silver... totally negating the concept of digital currency...

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June 12, 2013, 06:59:11 PM
 #13

Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = http://dvcticker.appspot.com/btc-e/10ltc/usd.png at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.
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June 12, 2013, 07:09:14 PM
 #14

I guess they didnt cost anything to make then. Or have any collectors value.

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sprinkles
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June 12, 2013, 07:17:47 PM
 #15

Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.

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jasinlee
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June 12, 2013, 07:21:30 PM
 #16

I would pay more than that for one. Even just as a souvenir, but I know of several people that would drill a hole and make a necklace and would probably pay ~100$ for it.

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June 12, 2013, 07:25:29 PM
 #17

I would pay more than that for one. Even just as a souvenir, but I know of several people that would drill a hole and make a necklace and would probably pay ~100$ for it.

Why not just buy a generic silver coin for $20 and drill a hole in it yourself?

 
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June 12, 2013, 07:27:36 PM
 #18

Personally I wouldnt wear it at all, but I know others who would. And other coins dont have the L on it Tongue

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June 12, 2013, 07:30:52 PM
 #19

Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = http://dvcticker.appspot.com/btc-e/10ltc/usd.png at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...
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June 12, 2013, 07:36:29 PM
 #20

These are worth the same as any other product or service is worth; what the merchant is willing to sell them for and what the market will pay for them. Personally, I think they look pretty cool and may be persuaded to trade some BTC/LTC for some, depending upon the selling price.

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