Decided to re-analyse the 25BTC and 100BTC coins since my very first post BTC doubled again to $20K and BCH doubled again to $4K.
25BTC Coins (
https://casascius.uberbills.com/?type=25&status=active )
Starting at beginning of 2017, there were about
501 active coins. BTC at the beginning of the year was around $1K
When BTC hit $10K (end of November)
50 were opened.
Today, right after BTC peaked at $20K and BCH peaked at $4K.
67 were opened
So only 13% were opened in 2017 when priced went up about 2000%. Seems like either some of these coins might of been lost or Casascius are so wealthy that they don't bother to sell.
100 BTC Coins (
https://casascius.uberbills.com/?type=100&status=active )
When BTC hit $10K (end of November)
7 were redeemed.
Today, right after BTC peaked at $20K and BCH peaked at $4K. Another
2 were redeemed. So only
9 redeemed in entire year of 2017.
Similiar percentage of
14% redeemd in 2017 after BTC appreciated 2000% in value. Actually more like 2200% if you include the forked coins.
