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Author Topic: Collectible Bitcoins?  (Read 420 times)
jongameson (OP)
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December 10, 2013, 02:14:22 PM
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Are some bitcoins worth more than others (i.e. the genesis block)?
Joseph Slaughter
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December 10, 2013, 02:19:04 PM
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Are some bitcoins worth more than others (i.e. the genesis block)?

The genesis block cannot be spent.

https://en.bitcoin.it/wiki/Genesis_block

Remember that bitcoins are not atomic units and are simply numbers. An address will express a balance of perhaps ("5 bitcoin") and then if you send 1 bitcoin to Dave, and then Dave sends 10 (Your 1 + his 9) to Fred and then Fred sends 1 back to you, that 1 contains via taint analysis a fraction of your original bitcoin but that is all, they dilute because they are stored as a number not as individual units.

I hope that helps.

kaito
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December 10, 2013, 02:27:16 PM
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Are some bitcoins worth more than others (i.e. the genesis block)?
Hm nope, not really. They're completely fungible.
I suppose the older the better though. Theoretically less likely to get forked/orphaned in an attack.
Joseph Slaughter
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December 10, 2013, 02:34:21 PM
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Are some bitcoins worth more than others (i.e. the genesis block)?
Hm nope, not really. They're completely fungible.
I suppose the older the better though. Theoretically less likely to get forked/orphaned in an attack.

Not if you send them to someone else, they would only be more secure if you never "sell" them.
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