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Author Topic: Bitcoins are collector's items.  (Read 4213 times)
billyjoeallen (OP)
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July 14, 2011, 11:53:35 PM
 #1

I am a long-term Bitcoin Bull for many reasons. One reason not considered by many is the collectability of Bitcoins.  Many fiat currencieshave plummeted to monetary worthlessness, but all of them are collectable now, from The Continental, the the CSA dollar, to the Weimar Deutchmark to the Zimbabwe dollar.  In each case, they became collectables. 

Bitcoins are the world's first distributed cryptocurrency.  Even if Namecoin or some other currency eventually surpasses it, nothing else will ever be the first.  I don't think BTC will be surpassed, nor do I think it will plummet to monetary worthlessness, but even if it did, it would still have numismatic value.  The fact that they are merely cryptographic tokens doesn't change anything. 

insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s



1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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Oldminer
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July 15, 2011, 12:14:55 AM
 #2

Bitcoin is the new geek accessory

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
billyjoeallen (OP)
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July 15, 2011, 12:21:16 AM
 #3

Bitcoin is the new geek accessory

Geek chic :-)

insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s



1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
Serge
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July 15, 2011, 02:02:39 AM
 #4

i have nice little collection
1 BTC $100
another BTC $1,000
couple valued at $10,000
and there are few more that are very very rare and pricey
 Grin
Alex Beckenham
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July 15, 2011, 02:21:15 AM
 #5

In addition, clean, unused bitcoins (in groups of 50, 25, 12.5 btc, etc) will be even more collectible.

If you're solo mining and find a block, try to spend your used coins first and save your shiny new ones for last.

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July 15, 2011, 02:32:39 AM
 #6

I am a long-term Bitcoin Bull for many reasons. One reason not considered by many is the collectability of Bitcoins.

What's your buy price on Beenz and DigiCash?

Interested in Franklin Mint collectables?

Only $9.99! Reduced for clearance.
(The Franklin Mint turned out a broad range of "collectable" stuff during the 1970s and 1980s.  Some of their junk can be purchased on eBay, usually at a big discount. Just because it's "collectable" doesn't mean it will appreciate.)
Binford 6100
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July 15, 2011, 10:09:05 AM
 #7

well, there is a bunch of 10 bitcoins that I would like to have a few cents from ...
the first transaction ever - satoshi -> hal. 10 bitcoins in early 2009
they were spent partially late 2010 and I hope i will get a connection to them.
this is my numismatic goal - hands on the first bitcoins in circulation.
p.s. i have som coins from the 10.000 btc pizza already and trying to get a 50 coins block with 1 or two sends from mining to my wallet max, to have a complete set of noteworthy coins.
oh, and I sell the zimbabwe $ notes as well, to get some bitcoins, never mined myself Wink

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July 15, 2011, 12:57:58 PM
 #8

Anybody up for some miscalculated BTCs? They usually get rejected by the network but I managed to save a few. Extremely rare! PM prices.

i am satoshi
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July 15, 2011, 02:05:16 PM
 #9

Some day I will sell my early days bitcoin for millions.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
grod
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July 15, 2011, 02:08:33 PM
 #10

I'm holding out for billions; possibly trillions.  If Bernanke has his way that'll buy me a nice dinner at Taco Bell.
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July 15, 2011, 04:45:32 PM
 #11

This was awesome! Thanks for making me actually laugh out loud here.  It's painful to watch cognitive dissonance at work, but you turned my frown into a smile.  Cheesy

I am a long-term Bitcoin Bull for many reasons. One reason not considered by many is the collectability of Bitcoins.

What's your buy price on Beenz and DigiCash?

Interested in Franklin Mint collectables?

Only $9.99! Reduced for clearance.
(The Franklin Mint turned out a broad range of "collectable" stuff during the 1970s and 1980s.  Some of their junk can be purchased on eBay, usually at a big discount. Just because it's "collectable" doesn't mean it will appreciate.)

_______
Thinking of using a cheap, yet reliable VPN? Go with PrivateInternetAccess. Not a referral link. Just a satisfied customer!
GeniuSxBoY
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July 15, 2011, 05:27:32 PM
 #12

Quote
  The fact that they are merely cryptographic tokens doesn't change anything.


The fact that they are just intangible letters and numbers without a database to confirm them, they will be completely worthless.

Be humble!
error
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July 15, 2011, 07:12:58 PM
 #13

well, there is a bunch of 10 bitcoins that I would like to have a few cents from ...
the first transaction ever - satoshi -> hal. 10 bitcoins in early 2009
they were spent partially late 2010 and I hope i will get a connection to them.
this is my numismatic goal - hands on the first bitcoins in circulation.

The first generated Bitcoins have never been spent.

The first spend occurred in block 170 and used coins generated in block 9.

3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
smoothie
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July 15, 2011, 07:25:10 PM
 #14

Quote
  The fact that they are merely cryptographic tokens doesn't change anything.


The fact that they are just intangible letters and numbers without a database to confirm them, they will be completely worthless.

Get yourself some bitbills so you can actually hold them in your hands and feel safe.

bitbills.com

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Binford 6100
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July 15, 2011, 09:06:45 PM
 #15

The first spend occurred in block 170

yes, those coins I try to get. I had a look if they moved and yes, indeed they are in circulation.

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billyjoeallen (OP)
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July 15, 2011, 09:25:58 PM
 #16

I'd like to get some of the coins that were withdrawn from the compromised MtGox account during the superhack.  That's history. Any way to find out which coins they were?

insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s



1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
Binford 6100
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July 16, 2011, 02:57:40 PM
 #17

Any way to find out which coins they were?

try blockexplorer for transactions from that day (time & date can be found in the thread i'm kevin and this is my version) to find exactly the coins that interest you. kevin wrote that he put the coins into the gavin's escrow. other withdrawn coins i did not follow.

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Jaime Frontero
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July 17, 2011, 03:10:24 AM
 #18

i would pay 200BTC for this one:

http://blockexplorer.com/b/0

i dunno if there's a way to get it into one's possession without tainting it, other than getting all other blocks out of the wallet which contains it and taking ownership of that wallet.  i don't even know if that's possible.  is it?

i'd also pay 75 BTC each for blocks 2 - 8.
Binford 6100
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July 17, 2011, 11:05:53 AM
 #19

i dunno if there's a way to get it into one's possession without tainting it, other than getting all other blocks out of the wallet which contains it and taking ownership of that wallet.  i don't even know if that's possible.  is it?

to own an untainted block you have to mine it. if you collect btc, prepare for having an extra transaction in the history as it comes to you. => not any more uncirculated
you can get a copy of the private key from an address that has a block in it but the seller would have always a copy, thus I advise you to bite the extra transaction and have them transferred to an address of yours where only you have the spending rights

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July 20, 2011, 07:24:59 AM
 #20

Quote
  The fact that they are merely cryptographic tokens doesn't change anything.


The fact that they are just intangible letters and numbers without a database to confirm them, they will be completely worthless.

Get yourself some bitbills so you can actually hold them in your hands and feel safe.

bitbills.com

Actually potential value as a collectible was one of the main reasons I ordered some bitbills.
I'm hoping I get the early beta version and not their newer version... but I might have been a bit late for that.

Even if bitcoin doesn't eventually succeed - it's cemented it's place in internet history - so I guess the early bitbills will have *some* value.


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