yitzjoe
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September 06, 2018, 08:43:51 AM |
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many countries still do not fully accept bitcoin as a means of payment, but if needed later bitcoin can act as that. depending on the market receive the benefits of bitcoin whether it is feasible or not used as a payment instrument. if it's feasible then the Numismatic community will find this form of bitcoin in the future to learn like other money and coins
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Keeping Up
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September 06, 2018, 09:14:41 AM |
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for me i dont think numismatist will be hating bitcoin as of now. especially since there isn't that great of an effect yet created by bitcoin unto our current financial system. afterall they could also create a collection of cryptocurrency if they would want too.
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Aviamon
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September 06, 2018, 02:12:58 PM |
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No, I don’t think that Numismatists should hate Bitcoin. They still can collect the fiat coins. Also they can collect the physical bitcoins as well. And if the adoption of crypto currency increases, then the circulation of coin will decrease and then their collection will be more valuable.
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Utouippe
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September 06, 2018, 02:31:30 PM |
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No, Numismatists shouldn’t hate bitcoin. They can collect the physical bitcoins as well as fiat coins. If they collect coins then the circulation of coins will decrease and then the collection will be more valuable.
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dimbaba
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September 06, 2018, 02:44:38 PM |
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They still can collect the fiat coins. Also they can collect the physical bitcoins as well.Moreover there is no reason to hate this as bitcoin has proved itself.They tend to reserve old coins, historical coins.
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Kakmakr (OP)
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September 07, 2018, 06:33:37 AM |
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I do not think that it is against bitcoin as bitcoin falls under the definition of this. Moreover there is no reason to hate this as bitcoin has proved itself and it is the most famous coin in this market. Bitcoin acts like the fiat money but in digital form.
The reason why they might hate this concept is the fact that physical currency would seize to exist. Almost every year when new coins are minted, limited editions of proof sets are minted for collectors of coins and these are never circulated. If Bitcoin takes over, this practice will stop and these collectors will not have an opportunity to buy these "collector" sets. The price of the previous proof sets will increase, but the practice of printing new sets will stop. Physical coins are beautiful to look at and some of them contain precious metals. <Silver/Gold etc>
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Ava Duvall
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September 07, 2018, 07:22:40 AM |
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In my opinion, cryptocurrencies not yet soon replace cash money. And art of numismatics will life a long years. So numismatists keep calm!
That's true, i dont think it will be affecting them any time soon
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HanaBin
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September 23, 2018, 09:23:34 AM |
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how? Numismatists will debate this until they are green on the face, but PCGS and NGC are generally accepted in the market. Usually people just like others, or they have invested too much with a brand to make cost-effective conversions (think camera lens or set of registers). In my experience, the distribution of NGC is more accurate, but sometimes still wrong. They also differ on the exact type of currency they claim.
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AnnaHom123
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October 06, 2018, 04:39:49 AM |
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They tend to stockpile old coins, historical coins. So I think they do not hate this crypto money. And the art of meditation will last for a long time. Binetin may not fit in with some current ideas about money because that is something that many are struggling to grasp the full potential. its. Nothing to hate bitcoin. They can still collect coins in the form of fiat coins and also have physical bitscoin available. By the definition of this term, we can say that this does not hate bitcoin because bitcoin is a form of digital currency and it is also used for payment purposes only.
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bobojoe
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May 05, 2020, 02:56:52 PM |
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Casascius physical bitcoins is normally not dated,
i haven't really checked Casascius coins but apparently there are different versions, some contain bitcoin (mini private keys that hold bitcoin). so they ARE dated, in fact their dates are the strongest and the most decentralized dating mechanism that you can hope for. how? it is linked to coins (a transaction output) on the bitcoin blockchain. the transaction that is included in a block that has a timestamp Aside from Casascius coins, are there any ways to identify a bitcoin as collectible? Let's say block height or something. I assume eventually some bitcoin may be worth more than others, particularly older bitcoin. Does anyone know of a way you can see what height the bitcoin you own was mined? Does it basically just involve tracing the transaction history? Do people think that eventually there will be collectors that try to accumulate older bitcoin over later bitcoin?
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FanatMonet
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May 05, 2020, 06:32:52 PM |
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I am a little numismatist, I have coins from about 150 countries, but there is nothing connected with cryptocurrencies. Because there is a huge number of tokens on the market that only depict Bitcoin and are not it, but buying a real coin with a code is too expensive, then it’s cheaper to collect gold or platinum coins.
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wxxyrqa
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May 06, 2020, 11:52:58 AM |
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I believe that numismatists are neutral about cryptocurrency, and especially to bitcoin. Of course, if such a person is not involved in cryptocurrency. people who collect coins or stamps, it is important for them to have a collection in their hands, so that there is an opportunity to evaluate them physically. And any exhibit whose value is on the Internet is not too important for them. To a greater extent, numismatists are conservatives and very rarely high technologies may interest them.
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canaris1985
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May 06, 2020, 05:46:24 PM |
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Why hate? The less people are interested in physical assets, the more numismatists get what they want. At least, that's my unsophisticated hypothesis, lol
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