Limited Edition Blockclock from Coinkite

[BandanaPanda]

Coinkite's new bitcoin blockclock: http://getblockclock.com/info.html

[Hox]

Very cool, but that price....yikes 

[BandanaPanda]

Going full billionaire mode!

[JanEmil]

Think they added a digit to much

[krogothmanhattan]

Insane

[Hox]

Think they added a digit to much

Lets hope so, or forgot to to put in the decimal place.

[BandanaPanda]

What's the going rate for an original opendime?

[Fattcatt]

Yeah, some electronic technician is laughing all the way to the bank.....that is if he/she manages to sell any. 

[BitcoinNewsMagazine]

I would wait for the price drop which will surely come. No way will they sell many at 5 grand (they might not even sell any.) It takes cojones to even ask that much. Or the seller has a low opinion of collectors and thinks we will buy anything. I might buy one at $500. Are you reading this Coinkite?

[BandanaPanda]

Or, you buy now if you think the price of btc is gonna fall.

[BitcoinNewsMagazine]

Or, you buy now if you think the price of btc is gonna fall.

If you believe the price of bitcoin is going to fall you sell your bitcoin or use as collateral to short, and buy back lower. You don't spend your bitcoin on silly luxury items. Why do you think the collectibles market is so soft now? People who have been around either think we have seen the bottom for bitcoin price or price may drop further and prefer to hold rather than spend bitcoin right now. Auctions are being closed because few want to spend their bitcoin while price is low ... I have not seen that in years. Looks like buyers are waiting until prices are up again so they can pay less bitcoin to win an auction.

[bavicrypto]

$5000 is indeed way too much, especially for a crypto related item in such a bear market

[BandanaPanda]

Or, you buy now if you think the price of btc is gonna fall.

If you believe the price of bitcoin is going to fall you sell your bitcoin or use as collateral to short, and buy back lower. You don't spend your bitcoin on silly luxury items. Why do you think the collectibles market is so soft now? People who have been around either think we have seen the bottom for bitcoin price or price may drop further and prefer to hold rather than spend bitcoin right now. Auctions are being closed because few want to spend their bitcoin while price is low ... I have not seen that in years. Looks like buyers are waiting until prices are up again so they can pay less bitcoin to win an auction.

I hear what you're saying but I still bought one. YOLO!

[Kryptowerk]

I would wait for the price drop which will surely come. No way will they sell many at 5 grand (they might not even sell any.) It takes cojones to even ask that much. Or the seller has a low opinion of collectors and thinks we will buy anything. I might buy one at $500. Are you reading this Coinkite?

+1

It looks really really cool. But even at $500 I would think twice about it right now.

[vizique]

That price .....

This does not surprise me in the slightest. They took the piss price wise with their handset and have always over valued their goods and services. An over inflated sense of worth. They're trying to rinse collectors plain and simple.

They had $20mCD and spunked it away ending up with a company that does little else but make basic hardware that's poorly designed, delivered and of course over priced.
For a company that's been in this space this long, they should be much better than this.

As you can tell, not a fan.

Viz

[praine]

Yeah, this is something I'd look to spend $500-ish on in a bull market.

[coblee]

I got one of these and it's awesome. Just wanted to stop by and give this a plug. Not your average collectible for sure.