Buy BTC sold for 16 BTC-1 mil USD

[El duderino_]

Had a few worths on this auction and like to expand the discussion...

What do we think about it and are there many other moments which created a historical piece that could provide high prices in BTC or FIAT terms?
And with what kind of others pieces can we compare a piece like this one..

https://x.com/BTC_Archive/status/1783424287438713334

https://scarce.city/auctions/buy-bitcoin

2h to go

4.1 btc atm

16 BTC ending

Is this paper worth 16 BTC?

https://x.com/wallstreetbets/status/1783292045144048076

I've not bought paper in a while, if it were only priced in dollars, so about $1,000,000.00 I just would have thought inflation was just bad.

But 16BTC seems a bit much for a bit of paper and some writing on it.

----------------

"Scotland's power-sharing government collapses as SNP and Greens end deal"

Who would have guessed two camps of crazy left wing communists not agreeing with each other eventually?
One camp is led by someone who literally hates the indigenous people, the other hates that the last 200 years of technical advancement happened.
 

would it be worth more as this Einstein note over time?

https://edition.cnn.com/style/article/einstein-handwritten-notes-auction/index.html

*In terms of FIAT not in terms of 16 BTC ...

I mean in terms of FIAT stricktly, would it be a good investment comparing with a paper like the Einstein one or compared with a Football, Pokemon card etc

It seems to be a historical collectible just like the newspaper where BTC was mentioned for the first time...(I do remember an auction for the paper was held on this forum, but can't find the link anymore, if someone can add it in this thread its merit worthy imo...)

Could this BTC outperform a lot of them? It could act like a cool piece on the wall, but better like some famous paintings etc??

Pieces with historical mentionings got value, but whats the correct price or how can we value a specific paper like this one and which will follow this Buy Bitcoin paper in the future?
There gotta be more of them...

[I_Anime]

It seems to be a historical collectible just like the newspaper where BTC was mentioned for the first time...(I do remember an auction for the paper was held on this forum, but can't find the link anymore, if someone can add it in this thread its merit worthy imo...)

I believe this is the link [SELL] Original Times Newspaper from 3 January 2009 - quoted in genesis block

[El duderino_]

It seems to be a historical collectible just like the newspaper where BTC was mentioned for the first time...(I do remember an auction for the paper was held on this forum, but can't find the link anymore, if someone can add it in this thread its merit worthy imo...)

I believe this is the link [SELL] Original Times Newspaper from 3 January 2009 - quoted in genesis block

Nope not the one

The correct has an auction starting at 40btc

They lowered the starting bid though… (it’s somewhere in collectibles)

[I_Anime]

It seems to be a historical collectible just like the newspaper where BTC was mentioned for the first time...(I do remember an auction for the paper was held on this forum, but can't find the link anymore, if someone can add it in this thread its merit worthy imo...)

I believe this is the link [SELL] Original Times Newspaper from 3 January 2009 - quoted in genesis block

Nope not the one

The correct has an auction starting at 40btc

They lowered the starting bid though… (it’s somewhere in collectibles)

Ohh yeah I think I came across something related to that Also , let's me drop the link if it's the correct one . Well is it this one then [Auction | NO MINIMUM BID] The Times 03 Jan 2009 | 10% to FreeRoss.org

Could this BTC outperform a lot of them? It could act like a cool piece on the wall, but better like some famous paintings etc??

Pieces with historical mentionings got value, but whats the correct price or how can we value a specific paper like this one and which will follow this Buy Bitcoin paper in the future?
There gotta be more of them...

To be honest 16 BTC seems too much , but I believe in a long run it may tend to have higher value than that . Bitcoin is something that have grown with evidence that it's deserves all the respect it can get . So appreciating the things that lead bitcoin to this state it is now is another way of showing those respects, and it would definitely look good hanging it on the wall   .

[Greyhats]

The rich ppl are here, what bitcoin enthusiast wouldn’t want this in their art collection even if it’s piece #1. Not sure I would fork over 16 Btc but wouldn’t mind this hanging on my wall either. It’s iconic :-)

[promise444c5]

~

The purpose is making it more solid to uphold investors beliefs ,
For instance you have a software with users  and you sold the name  of that software written on a piece of paper  for a huge sum , you should expect more users of that software without stressing it,
The part of beign a good investment  in term of FIAT compared to other writings like Einstein is hard to determine because  I could relate something like this to that of a NFT ( some NFT bought with hundreds of thousands are now worthless now) just saying the opposite might be achived amd he mightsold it higher,probably  he's  just buying to add to his collection .... hang on a wall just as you've  said maybe forever.
The Seller bacame recognised   after he brought 3.7% increase in the price of Bitcoin besides he has being  digging for some time now  

In 2019, Langalis created and sold 21 replicas of the sign, which sold for an average price of 0.8 BTC, worth about $51,300 today.
Source
This is soft...

[El duderino_]

Another crazy collectible

What do we think?

Can this ever be sold for more

So many sats for just 1

[promise444c5]

Not too surprised  
If  this same people could pay outrageous huge   fees  to get  their little transaction in the last block before halving then they are capable of doing this too .
My question  is how's  this sat different  from other sats
Congrats to ViaBTC, they  must feel like a king now  

[coolcoinz]

I feel like both of these (the bid for the first sat and the bifd for "buy bitcoin") are the result of people not knowing what to do with the money.

Nobody on a normal wealth level would do that. 33 BTC is over $2 million, which for most people is more than total value of assets they own and will own in their whole lifespan. For instance, both of my parents together, each living past 80, never reached that number, so you must already have everything you could dream of to buy a piece of paper with one word for a million dollars.

Value is subjective, but I wouldn't even have the money to buy that, even if I wanted to. Not to mention that I could think of a 100 things I'd rather buy than this.

[El duderino_]

I feel like both of these (the bid for the first sat and the bifd for "buy bitcoin") are the result of people not knowing what to do with the money.

Nobody on a normal wealth level would do that. 33 BTC is over $2 million, which for most people is more than total value of assets they own and will own in their whole lifespan. For instance, both of my parents together, each living past 80, never reached that number, so you must already have everything you could dream of to buy a piece of paper with one word for a million dollars.

Value is subjective, but I wouldn't even have the money to buy that, even if I wanted to. Not to mention that I could think of a 100 things I'd rather buy than this.

Personally either if I could or couldn't buy it or let us say even if I had to possibility to buy it with pocket change.... then still I wouldn't just not that interested and to much sense of money not well spend, I get it that some people value those things at extreme prices.... But my priorities myself will always be different I guess.

[philipma1957]

Would I spend 1,000,000 on that sign no I would not.

Even If I was stupid rich (say 100,000 btc).

To be honest I would be interested to see if the buyer sells it again and what for.

Now if I was 25 with 100,000 btc I may spend it as a goof.

[Ambatman]

Another crazy collectible

What do we think?

Can this ever be sold for more

So many sats for just 1

I can't really tell how rich people think
Well I guess it's a form of a bragging right
Like "well you know I'm the owner of the epic Sat in the fourth halving "
I will call it stupid but the buyer would call it a collectible.
I guess value is subjective.

Would I spend 1,000,000 on that sign no I would not.

Even If I was stupid rich (say 100,000 btc).

To be honest I would be interested to see if the buyer sells it again and what for.

Now if I was 25 with 100,000 btc I may spend it as a goof.

If the buyer sells now it's going to go at a cheaper price except they choose to wait let's say years later
When the popularity of Bitcoin has gone further than this.
With 100K BTC,even in my 80's I think I would buy it
I don't know it feels like a form of immortalising oneself
The world would remember you when you gone.

[El duderino_]

In terms of BTC I don’t think there is a lot of profit in the future

When BTC appreciates in price let’s say 150k or 300k

Then I don’t think more as 16 BTC will be paid for the paper …

[Lida93]

Would I spend 1,000,000 on that sign no I would not.

Even If I was stupid rich (say 100,000 btc).

There are actions we just wanna carry out just to massage our ego in as much as the money is there to spend. It wouldn't necessarily seem like a waste to you by then because to you at that very moment it's like doing what many people can't even afford to do.

There are places I said to myself 10 years back I won't visit no matter the money I was going to make because at that time I previewed it to be a waste or something stupid to do with money. But guess what today! I visit a few of those places like thrice in a year now just because of the momentary feeling that comes with been there.

Money has a way of twisting our vibes, particularly too much money. We just have to be patient till we have it in that bastard amount to know what we will do and what we won't do.

[Hallroom]

It would be best to hold on to Bitcoin, as we have a bull market to look forward to next.

#Bitcoin    is freedom money



Source Link: https://twitter.com/BitcoinMagazine/status/1783610533632950766?t=uIXLQutyrFVhrbE34KWDjw&s=19

[Solosanz]

Another crazy collectible

What do we think?

Can this ever be sold for more

So many sats for just 1

The "Buy BTC" sign is a real collectible, so I won't really care too much.

But, this unique sats is auctioned? come on, why more and more people are now treating Bitcoin as non fungible?

This sats belong to fourth halving, that sats belong to criminal, this sats belong to hamas, that sats belong to Putin and so on. If people keep treating Bitcoin as non fungible, they also have a fallacy like centralized exchanges who always differentiate between "tainted" coins and "clean" coins.

[FinePoine0]

Code:

[quote author=gentlemand link=topic=5134423.msg50712466#msg50712466 date=1555880106]
40 BTC is barking mad but they ain't making any more and it's the type of thing an early adopter with coins pouring out of their botty would love to have. 
All the same I'd have to whack myself around the head with an anvil if I bought it just before a bull run. 
Glad I'm not really the collecting type. 

Good luck with the auction. This is definitely going to be very informative and something that'll be referred to often in the years to come. 
[/quote]

Source Link: https://bitcointalk.org/index.php?topic=5134423.msg50712466#msg50712466

You can get a lot of help from this post, so feel free to visit this link.

[Marvelockg]

Had a few worths on this auction and like to expand the discussion...

What do we think about it and are there many other moments which created a historical piece that could provide high prices in BTC or FIAT terms?
And with what kind of others pieces can we compare a piece like this one..

Everything that has played out to giving Bitcoin the edge it has at this moment deserves the attention and recognition they are getting and although 16BTC with the current fiat value seems abit high, it's still relatively okay to value such an historical piece that played a unique role in bringing Bitcoin to the limelight with such worth.  If satoshis white paper wasn't a popular resource that's in the public domain, it's most likely that it would have gotten similar worth as Albert Einstein note. At the end of the day, it's just a matter of contextual contribution to humanity, and when Bitcoin eventually gets the kind of public acceptance that Einstein works has from the globe, then pieces as this will go a long way to becoming of a higher worth far above what we're currently evaluating it now.

[Barikui1]

Would I spend 1,000,000 on that sign no I would not.

Even If I was stupid rich (say 100,000 btc).

There are actions we just wanna carry out just to massage our ego in as much as the money is there to spend. It wouldn't necessarily seem like a waste to you by then because to you at that very moment it's like doing what many people can't even afford to do.

There are places I said to myself 10 years back I won't visit no matter the money I was going to make because at that time I previewed it to be a waste or something stupid to do with money. But guess what today! I visit a few of those places like thrice in a year now just because of the momentary feeling that comes with been there.

Money has a way of twisting our vibes, particularly too much money. We just have to be patient till we have it in that bastard amount to know what we will do and what we won't do.

You are actually right bro, when I saw this your post I just smiles because as humans that we are, we sometimes find ourselves doing things we never thought of doing in the past, their is a saying about what you just said in this your post in my locality, which we most times have a good laugh at, which is;  a poor man will say that he doesn't like 🍻 beer because it's too bitter,  though it sounds funny but that's the reality of someone without money,  the rich thinks differently compared to the poor, they mostly do things they feels like an average person can't do, let them just be among the very few people that have the ability to do it, to them it's a plus to their name, while to a common man, it's just a waste of money.

Their was once a time I said that buying an iphone is a total waste of money, due to the fact that it was too expensive, and an Android is cheaper and it can give me all in need in a phone, and financially then, I wasn't that stable, but look at me today, I bought the latest iphone without even considering how costly it is because the money is available, so just as lida93 had already said, till we have money in bastard amount, we actually wouldn't know what we can do and what we can't do.

[Spaceman1000$]

Had a few worths on this auction and like to expand the discussion...

What do we think about it and are there many other moments which created a historical piece that could provide high prices in BTC or FIAT terms?
And with what kind of others pieces can we compare a piece like this one..

https://x.com/BTC_Archive/status/1783424287438713334

https://scarce.city/auctions/buy-bitcoin

2h to go

4.1 btc atm

16 BTC ending

Is this paper worth 16 BTC?

https://x.com/wallstreetbets/status/1783292045144048076

I've not bought paper in a while, if it were only priced in dollars, so about $1,000,000.00 I just would have thought inflation was just bad.

But 16BTC seems a bit much for a bit of paper and some writing on it.

----------------

"Scotland's power-sharing government collapses as SNP and Greens end deal"

Who would have guessed two camps of crazy left wing communists not agreeing with each other eventually?
One camp is led by someone who literally hates the indigenous people, the other hates that the last 200 years of technical advancement happened.
 

would it be worth more as this Einstein note over time?

https://edition.cnn.com/style/article/einstein-handwritten-notes-auction/index.html

*In terms of FIAT not in terms of 16 BTC ...

I mean in terms of FIAT stricktly, would it be a good investment comparing with a paper like the Einstein one or compared with a Football, Pokemon card etc

It seems to be a historical collectible just like the newspaper where BTC was mentioned for the first time...(I do remember an auction for the paper was held on this forum, but can't find the link anymore, if someone can add it in this thread its merit worthy imo...)

Could this BTC outperform a lot of them? It could act like a cool piece on the wall, but better like some famous paintings etc??

Pieces with historical mentionings got value, but whats the correct price or how can we value a specific paper like this one and which will follow this Buy Bitcoin paper in the future?
There gotta be more of them...

16 BTC for an inscription on a piece of paper, I feel is all about adding value or sending a message to the consciousness of people how valuable it can be to invest in BTC, and for that person to hold it in a public display in the parliament or that kind of setting sort of gives it a different aura, especially considering the fact that it's been televised.
So ordinary people give value to things they find passion for, just like in football, the boots KING PELE of Brazil used to play during his time can as well be placed on an auction like this too, and surprisingly you will see the amount people will be ready to pay to have it.