[AUCTION!] New York Times In Code We Trust (with First Republic Bank)

[frankbitcoin]

For sale is the New York Times 'In Code We Trust' magazine.  The sheer irony of this issue - the back cover features First Republic Bank.

Not sure how to embed pics, it says I cant, so here are pic links

Pics:

https://imgur.com/uQ5h7wV

https://imgur.com/ZWtUNNl

https://imgur.com/XEawqad


.2 BTC (negotiable and within reason - this will be a treasure trove one day due to the First Republic Bank downfall and that linked up with Bitcoin on the cover) Changing to auction

Any questions, feel free to ask me.


EDIT:


Changed to auction to see where it goes, on ebay at:

https://www.ebay.com/itm/266537131502

[1714820339]

1714820339

[bitdexter]

really don;t mean this in bad intentions, but do you really think this is worth .2btc?

I mean its not even in the original plastic casing?

7k dollars seems high to me and want to know how you are justifying it.

[frankbitcoin]

really don;t mean this in bad intentions, but do you really think this is worth .2btc?

I mean its not even in the original plastic casing?

7k dollars seems high to me and want to know how you are justifying it.

No worries, I don't take the comment that way.

I have not seen one sold so I cannot determine what would be considered the going rate.  Someone could have interest at 1 BTC, .1, or even .01 - very hard to determine.  This is why I put negotiable next to it, though - anyone interested is welcome to send me a message and discuss further. 

I am not firm on attempting to get .2 BTC for it.  With that said, however, I do think it has significant value due to the fact that First Republic Bank is now bankrupt.

The market can decide, however, and anyone is welcome to message me an offer.

[frankbitcoin]

really don;t mean this in bad intentions, but do you really think this is worth .2btc?

I mean its not even in the original plastic casing?

7k dollars seems high to me and want to know how you are justifying it.

What do you feel it's worth?

What does everyone else feel it's worth? I really don't know 🤔

[frankbitcoin]

.1 BTC ?

Not sure value here. 

Message me if anyone has interest, regardless of asking price, and we'll discuss further.

[hoopstagaloop]

keep the magazine it will be worth in the future maybe more than 0.2 BTC

[BTCOVERFIATS]

keep the magazine it will be worth in the future maybe more than 0.2 BTC

Zero percent chance. You think @ $250,000 per BTC that this magazine will be worth $50,000? Doubt it.

Everything is heading towards zero in Bitcoin terms. It will be worth less than 0.01BTC eventually.

[frankbitcoin]

keep the magazine it will be worth in the future maybe more than 0.2 BTC

Zero percent chance. You think @ $250,000 per BTC that this magazine will be worth $50,000? Doubt it.

Everything is heading towards zero in Bitcoin terms. It will be worth less than 0.01BTC eventually.

Comparing future price predictions to current sales prices isn't truly a valid correlation.  Otherwise the guy who bought pizza for 10K Bitcoins would have probably already gone insane.  Instead, he said he was happy that it helped the network.

That would be like going back through past transactional history on the forum and being like "dang you paid 1 BTC for that in 2013! What!"

[Eclipse33]

keep the magazine it will be worth in the future maybe more than 0.2 BTC

Zero percent chance. You think @ $250,000 per BTC that this magazine will be worth $50,000? Doubt it.

Everything is heading towards zero in Bitcoin terms. It will be worth less than 0.01BTC eventually.

Comparing future price predictions to current sales prices isn't truly a valid correlation.  Otherwise the guy who bought pizza for 10K Bitcoins would have probably already gone insane.  Instead, he said he was happy that it helped the network.

That would be like going back through past transactional history on the forum and being like "dang you paid 1 BTC for that in 2013! What!"

I am with both of you guys on this one, but it must be noted that without people buying things with bitcoin, bitcoin would not be as robust and strong a currency/value network ecosystem today.

BTCOVERFIATS is correct in saying that everything relative to bitcoin will be near zero, as we continue to see bitcoin eat the outstanding world total assets by total volume. Hopefully we all know that bitcoin is better money than fiat and better crypto then the other 1000 worthless shitcoins.

The bitcoiner error in reasoning is thinking that the value of bitcoin will just continue to go up regardless of the development of productive cyber-economies or productivity networks. Unless a monetary unit is backed with productivity, the monetary unit will experience "Inflation". This can be seen hundreds of time throughout history where state actors or private banks issue money without the necessary productivity backing the money leading to debasement of the currency.

The game theoretics of bitcoin reward both the hodler and the market-marker (spender). The spender adds productivity and trade to the bitcoin network. The hodler holds onto the cyber currency and prevents it from hitting the market to be sold. Both of these actions increase the network robustness and integrity of the network.

[frankbitcoin]

If someone would like to snag it, I'll let it go for .0555 BTC (currently, $2k).  I feel that's a very reasonable price.

[frankbitcoin]

.03 BTC ?

Feel like I'm throwing darts in the dark here since I can't value it.  Any interest at .03? 

[frankbitcoin]

changed to auction on ebay so we'll see where it goes.

starting bid $500

https://www.ebay.com/itm/266537131502

[frankbitcoin]

starting bid dropped to $250 so we can get the bids going