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Author Topic: Casascius selling bitcoins below market value?  (Read 902 times)
Blinken (OP)
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October 26, 2011, 03:33:25 PM
 #1

I don't understand how Casascius can be selling physical bitcoins below market value. Is it some kind of scam? For example, he is supposedly selling 25 BTC coins for $29.50, well below the current tradehill exchange rate of $2.80 per BTC (or $70 for 25).

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dvide
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October 26, 2011, 03:35:16 PM
 #2

That's not $29, it's 29 bitcoins.
Blinken (OP)
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October 26, 2011, 03:38:31 PM
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Oh, I see it is BC29.50, not $29.50.

His bitcoin symbol looks kind of like a $. That is actually kind of an issue that a B with virgules through it looks a lot like an S.

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shackra
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October 26, 2011, 04:05:58 PM
 #4

I dont see a problem if you sell bitcoins above the "market price". I can sell my bitcoins in costa rica at the price what I want. Right?

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