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"Virgin" coins at a premium?
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Topic: "Virgin" coins at a premium? (Read 2681 times)
EETanner
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"Virgin" coins at a premium?
December 03, 2013, 12:45:43 AM
#1
Forgive me if I am missing something. But if freshly "minted" coins have no transactions on the block chain, wouldn't they innately have a higher privacy value? Less people connected to the btc.
And if this is true you would think they would trade at a premium. Thoughts?
empoweoqwj
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Re: "Virgin" coins at a premium?
December 03, 2013, 01:10:41 AM
#2
Bitcoins are fungible i.e. they can all be treated the same. One bitcoin is always worth the same price as another bitcoin. If we ever get away from that principle, bitcoin will fail. We would end up with a system where no two bitcoins had the same value .... each would have a "trust rating". Can never happen.
grue
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Re: "Virgin" coins at a premium?
December 03, 2013, 01:25:48 AM
#3
no one would buy them except for high profile scammers like pirateat40 because a simple deposit-withdraw cycle at a exchange will sufficiently remove taint. no one would sell to high profile scammers because they're going to take all the heat when they try to spend their coins. with coinjoin already possible (at the protocol level), there's no need to buy virign coins anymore.
It is pitch black. You are likely to be eaten by a grue.
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