Bitcoin Forum
May 05, 2024, 04:21:13 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Buy the new Tuvalu rhodium coin with Bitcoin.  (Read 159 times)
Jet Cash (OP)
Legendary
*
Offline Offline

Activity: 2702
Merit: 2456


https://JetCash.com


View Profile WWW
October 19, 2018, 08:48:50 AM
 #1

I was interested to see that the new rhodium coin - The Sea Dragon, can be purchased using Bitcoin. The Sea Dragon is legal tender on the Island of Tuvalu, and it is 1oz of pure rhodium. The dollar price is $2,590 and the Bitcoin price is the equivalent of $2,616.16. They don't quote a price in Bitcoin, but simply offer it as a form of payment. I tried to check their rate of exchange, but it seems it is only available to US residents at the moment.

As a comparison - the 1oz Canadian maple leaf gold coin costs $1,263.40
1714882873
Hero Member
*
Offline Offline

Posts: 1714882873

View Profile Personal Message (Offline)

Ignore
1714882873
Reply with quote  #2

1714882873
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714882873
Hero Member
*
Offline Offline

Posts: 1714882873

View Profile Personal Message (Offline)

Ignore
1714882873
Reply with quote  #2

1714882873
Report to moderator
1714882873
Hero Member
*
Offline Offline

Posts: 1714882873

View Profile Personal Message (Offline)

Ignore
1714882873
Reply with quote  #2

1714882873
Report to moderator
jackg
Copper Member
Legendary
*
Offline Offline

Activity: 2856
Merit: 3071


https://bit.ly/387FXHi lightning theory


View Profile
October 31, 2018, 04:54:34 PM
 #2

Is it worth its weight in rhodium or is there something else historic it has to offer here?
Also, that price seems quite a lot more expensive than buying it from US dollar, I wonder why that is...
asche
Legendary
*
Offline Offline

Activity: 1484
Merit: 1489


I forgot more than you will ever know.


View Profile
November 03, 2018, 04:17:42 PM
 #3

The price is only 1% higher.

Include fees for them to exchange it vs fiat and the risk BTC might go down a bit in the process, you get yourself 1%.

The difference seems fair to me.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!