Rare Satoshis, thoughts? Anyone on here holding or trading? Block 9 450x?

[mevsmyself]

Is anyone here holding / looking at Rare Satoshis on Magisat or Magic Eden?  I feel like these have a lot of potential.  I think of them like the collectible coins of crypto.  When I look at all the categories I feel like it is obvious that Block 9 450x have the greatest potential.  I definitely fomo’d a bit .

If you don’t know, you can check your wallets for rare sats that you might already have hiding.  Some are seriously valuable.  Christy’s and Sotheby's have auctions too.  It looks really promising to me.

Any thoughts? 

[Poker Player]

This is not my case, although I have heard of some satoshis being more valuable than others. Like the first blocks or the halving or around it, that's why NFT spammers went crazy paying high fees to insert their images in them.

But I think unless care is taken when transferring them they may end up mixed with other satoshis and then they would lose the value they have.

[Helena Yu]

I don't care at all because Bitcoin is fungible instead of non fungible and I don't want to input anything on random sites because it would harm my privacy. I don't see these kind bugs in Bitcoin are potential, hopefully the developers will fix that and block people from exploiting bugs in Bitcoin.

If you're looking for collectibles, it's on here Collectibles.

[pooya87]

Every single satoshi on the Bitcoin blockchain are completely equal and the same. Now if you decide to pay more for an arbitrary coin, that is your own personal choice but that doesn't make those coins "rare". As it was said, Bitcoin is Fungible.

[mevsmyself]

Well these are not NFT’s, or changed or added inscription.  All natural satoshis.

Just to be clear, these are just satoshis deemed rare and isolated in certain ways.  Satoshis lost in isolating was an early issue.  Now they have ord wallet addresses that make it very safe to move around.

Still Fungible technically.  But look at it like collectible Fiat Currency coins.  Fiat currency like USD Coins are still fungible, just because someone collects it for a certain rarity.  Collecting them does not change the satoshi in anyway.  

Block 9 450x for instance are from the first bitcoin that was ever mined. So just pieces of the first bitcoin mined, and the first block.  So it is basically owning some of the first bitcoin ever (available). I think the first 10 are in Satoshi’s wallet and should never move.  Still completely fungible, just like collectible USD currency coins are still fungible.  

Again not additionally inscribed or nft’s.  Just more rare than other satoshis and they have been identified and categorized just like Coin Collectors have done for hundreds of years.

Satoshi did make the software capable of inscribing satoshis.  This is a function of the blockchain software.  Just like all satoshis have a NAME and NUMBER inscribed by the blockchain even before they have been mined it is all predetermined by the BTC software.  

There are some pretty cool satoshi names out there (assigned by the BLOCKCHAIN, not some random NFT dev).  Because of the amount of satoshis that will be mined over time there is virtually any name you can imagine.  My name is one first and last.  So are some of my friends. And ridiculous phrases.  All satoshis have names already. You can search all of this.  And this was done by Satoshi not some NFT dev.  It is in the blockchain software.  Some of the Satoshi names are hilarious.  You can search and check wallets and search random names on Ord.io it uses the ordinal software to search the blockchain data.  There are other useful sites too to check your own wallets.

I am just trying to clarify, it seems like maybe there is some misunderstanding of what rare sats are. Not NFT’s or added inscription.  All Natural, just separated and grouped to be collected.

So if you have rare sats in your wallet you can isolate them for almost nothing.  It is not an costly thing if you use the Sparrow software.  It is a pretty cool thing once you realize Satoshi Nakamoto did this. He assigned names and numbers, and other technical data that by design can make them more rare/collectible than others.

Oh and FYI, guys are making MILLIONS selling their rare sats getting like 5000x what they are worth as a single sat and prices are going up.  Again not NFT’s, all natural un molested sats.  You could be holding some and not even know it (but you can check and isolate them).

Sothebys auction house sold some rare named sats for like 15k -25k each.  Also there are exchanges that trade them and certain sats have been sold for multiple bitcoin for their rarity.

[pooya87]

Block 9 450x for instance are from the first bitcoin that was ever mined.

Oh and FYI, guys are making MILLIONS selling their rare sats getting like 5000x what they are worth as a single sat and prices are going up.

How would that even work?
If what makes a certain coin rare is being the reward of a certain block, the moment those coins move (are sent to the buyer's address) they stop being "rare"! If the seller sells the private key (without moving the coins), it would be scam because they will still own those coins and can move them at any time.

[hd49728]

Is anyone here holding / looking at Rare Satoshis on Magisat or Magic Eden?  I feel like these have a lot of potential.

Yes there is potentiality but you must have clear thinking on what sort of potentiality is.

In my opinion, it's potentiality for losing your money to scammers. All satoshis are the same and have same value, what the *uck is Rare Satoshi?
It does not make any sense of all. If it is Rare Satoshi, does it mean you will not spend it.

Satoshis, bitcoins are created for spending and they are all spendable. No single satoshis, bitcoins should be kept forever because they are rare or whatever reasons. Only lost bitcoins won't be spendable.

Check if you have any rare satoshi

The scam is like I have 1 BTC created from a block in 2024 and you have 1 BTC created in a block in 2014, and your 1 BTC has higher value than mine. Is it fair?
Does it make sense?
It's scam.

[icalical]

I personally disagree that certain Bitcoin mined in certain block is special, this whole rare sats is a very speculative market, more like an art business rather than cryptocurrency or even investment. The price range of a single rare sats is extremely wide, like how the Block 9 Satoshis have been selling between $6 and $1,100.  https://magisat.io/category/activity/b9-450

Besides my personal opinion the whole concept of these sats being "seriously valuable" is still pretty debatable even in the collectible community. Christie's and Sotheby's have featured some, but mainstream appeal and liquidity simply are not as developed as other collectibles or NFTs. Worth being cautious, not jumping in purely out of FOMO without considering how niche this market still is. Investing in rare sats might take longer to see real returns, and the hype doesn’t always match the market stability right now.

[PrivacyG]

This makes no sense.

It would of made sense if every single Satoshi had a Serial Number of some sort attached to it.  Just like Banknotes do.  But in this case, it is equal to thinking a single drop of water out of a filled bucket is rare.  How do you move the drop of water and identify it as the rare one?

It is interesting to know that some of your Bitcoin were initially part of the first ever Mined blocks of Bitcoin.  But identifying how many and where and even making them non Fungible is a no from me.  All Bitcoins should be Fungible.  I hate how we are drifting away from that willingly.

[NotATether]

Oh and FYI, guys are making MILLIONS selling their rare sats getting like 5000x what they are worth as a single sat and prices are going up.  Again not NFT’s, all natural un molested sats.  You could be holding some and not even know it (but you can check and isolate them).

How is one supposed to check their UTXOs for presence of rare sats?

[HeRetiK]

Sounds like yet another grift to me, to be honest. Not that I'm stopping anyone from paying premium for whatever perceived online clout.

I'd actually argue a market like that goes against Bitcoin's fungibility, but then again I don't think enough people would even care about these "special" sats for it to have any meaningful impact.

Christy’s and Sotheby's have auctions too.  It looks really promising to me.

Got any links? I didn't find anything on their respective websites.

[ABCbits]

The hype of such rare satoshi passed, so i'm not sure how valuable is it. While i agree all satoshi supposed to be equal, i understand why someone would sell their "Rare sats" for more satoshi.

Oh and FYI, guys are making MILLIONS selling their rare sats getting like 5000x what they are worth as a single sat and prices are going up.  Again not NFT’s, all natural un molested sats.  You could be holding some and not even know it (but you can check and isolate them).

How is one supposed to check their UTXOs for presence of rare sats?

1. Use explorer which support Ordinals or other NFT such as https://ordiscan.com/
2. Enter your Bitcoin address on search bar.
3. Click on tab or section which shows any rare sats.



The website also have statistic and price for such satoshi on https://ordiscan.com/rare-sats, but i don't guarantee it's accuracy.

[tbct_mt2]

1. Use explorer which support Ordinals or other NFT such as https://ordiscan.com/
2. Enter your Bitcoin address on search bar.
3. Click on tab or section which shows any rare sats.

The website also have statistic and price for such satoshi on https://ordiscan.com/rare-sats, but i don't guarantee it's accuracy.

Or can use this website https://magiceden.io/ordinals/discover-raresats

I see this is very bad for privacy by typing a Bitcoin public address and check Rare Satoshis, perhaps only for fun and nothing more. If want to do this, to satisfy curiosity, people can check it with Tor if they want.

[Synchronice]

Is anyone here holding / looking at Rare Satoshis on Magisat or Magic Eden?  I feel like these have a lot of potential.  I think of them like the collectible coins of crypto.  When I look at all the categories I feel like it is obvious that Block 9 450x have the greatest potential.  I definitely fomo’d a bit .

If you don’t know, you can check your wallets for rare sats that you might already have hiding.  Some are seriously valuable.  Christy’s and Sotheby's have auctions too.  It looks really promising to me.

Any thoughts? 

My thought is that this is absolutely a made up thing and in reality doesn't really matter. By the way, if you can use it for your own benefit, let's do it, there are stupid people who want rare satoshis and are willing to pay thousands in it, so let's give them what they want. It's absolutely a made up thing and one day the bubble will bust. This situation is like giving a value to someone's shit despite the fact that everyone's shit is unusable.

Every single satoshi on the Bitcoin blockchain are completely equal and the same. Now if you decide to pay more for an arbitrary coin, that is your own personal choice but that doesn't make those coins "rare". As it was said, Bitcoin is Fungible.

That's true, Bitcoin is fungible but some people want to make it appear non-fungible, so they'll make money out of thin air. This case is basically like, if I write something down with my pen, the paper will be invaluable but if Lionel Messi writes down exactly the same thing, then the paper will have value because people give it a value.

It is interesting to know that some of your Bitcoin were initially part of the first ever Mined blocks of Bitcoin.  But identifying how many and where and even making them non Fungible is a no from me.  All Bitcoins should be Fungible.  I hate how we are drifting away from that willingly.

Some people are making money from stupid people, that's all. Plain and simple.

[pooya87]

Every single satoshi on the Bitcoin blockchain are completely equal and the same. Now if you decide to pay more for an arbitrary coin, that is your own personal choice but that doesn't make those coins "rare". As it was said, Bitcoin is Fungible.

That's true, Bitcoin is fungible but some people want to make it appear non-fungible, so they'll make money out of thin air. This case is basically like, if I write something down with my pen, the paper will be invaluable but if Lionel Messi writes down exactly the same thing, then the paper will have value because people give it a value.

I've seen people purchase the weirdest things for unreasonably high prices. It's almost as if some people have money to burn. This happens a lot in the gaming world where people buy a digital sword for example for a couple of grands just so that their game character can look fancy

[Pmalek]

I don't like anything related to Rare Satoshis or Ordinals and consider it all spam on the network. A type of spam that caused the transaction fees to shoot up to $100 dollars for regular use. Luckily, it's a thing of the past. The trend is fading, and rightly so. I am sure many were tricked into investing money in this nonsense, expecting massive returns, which never came. Hopefully, we won't see spam like that any time soon.

[Darker45]

I don't like anything related to Rare Satoshis or Ordinals and consider it all spam on the network. A type of spam that caused the transaction fees to shoot up to $100 dollars for regular use. Luckily, it's a thing of the past. The trend is fading, and rightly so. I am sure many were tricked into investing money in this nonsense, expecting massive returns, which never came. Hopefully, we won't see spam like that any time soon.

I'm with you hoping, but I'm not expecting such foolery to die, not soon, not ever. Lest we forget, we are humans. As such, we are crazy. We always find something rare in the most banal of things. There's always a rare Sat, a rare merit, a rare coin, a rare meat, hair, stone, pencil, parrot, salt, saliva, and a googolplex of other otherwise ordinary stuff.

The first Sat mined after the last halving was speculated to reach a value of $1 million. To somebody who doesn't like this craziness, what if that "epic Sat" belonged to you and somebody offered to buy it for $1 million, would you decline?

[avp2306]

Is anyone here holding / looking at Rare Satoshis on Magisat or Magic Eden?  I feel like these have a lot of potential.  I think of them like the collectible coins of crypto.  When I look at all the categories I feel like it is obvious that Block 9 450x have the greatest potential.  I definitely fomo’d a bit .

If you don’t know, you can check your wallets for rare sats that you might already have hiding.  Some are seriously valuable.  Christy’s and Sotheby's have auctions too.  It looks really promising to me.

Any thoughts? 

As much I don't pay any much attention to any of those rare satoshi thing which people talk about. Since its like someone creating a hype on it and want to earn big from what they discover. Lots of people don't give much any importance of this due to privacy or security reasons.

So I will not think about going on some other platforms just to check if I have rare satoshi since at the end rare or not it has the same value.

People should stop accessing any random links just to check if they have those things since it might compromised them especially that malwares is everywhere.

[Vlad.Sas]

Every single satoshi on the Bitcoin blockchain are completely equal and the same. Now if you decide to pay more for an arbitrary coin, that is your own personal choice but that doesn't make those coins "rare". As it was said, Bitcoin is Fungible.

https://bitcointalk.org/index.php?topic=5510649.msg64575180#msg64575180

Perhaps this is a good explanation of why satoshis can be tracked and how. Simply by assigning ids and tracking them, you can identify rare sats. Lmk if the referenced post makes sense . Thx

[lionheart78]

I don't like anything related to Rare Satoshis or Ordinals and consider it all spam on the network. A type of spam that caused the transaction fees to shoot up to $100 dollars for regular use. Luckily, it's a thing of the past. The trend is fading, and rightly so. I am sure many were tricked into investing money in this nonsense, expecting massive returns, which never came. Hopefully, we won't see spam like that any time soon.

I'm with you hoping, but I'm not expecting such foolery to die, not soon, not ever. Lest we forget, we are humans. As such, we are crazy. We always find something rare in the most banal of things. There's always a rare Sat, a rare merit, a rare coin, a rare meat, hair, stone, pencil, parrot, salt, saliva, and a googolplex of other otherwise ordinary stuff.

The first Sat mined after the last halving was speculated to reach a value of $1 million. To somebody who doesn't like this craziness, what if that "epic Sat" belonged to you and somebody offered to buy it for $1 million, would you decline?

I would take advantage of the opportunity and sell it if I had it in my wallet, but I would not indulge myself in such craziness.  Bitcoin sats are labeled all the same until ordinals are created.  I am neutral on this and I felt that this kind of thing (rare satoshis belief) will exist as long as there are people who are into this kind of thing.

I don't like anything related to Rare Satoshis or Ordinals and consider it all spam on the network. A type of spam that caused the transaction fees to shoot up to $100 dollars for regular use. Luckily, it's a thing of the past. The trend is fading, and rightly so. I am sure many were tricked into investing money in this nonsense, expecting massive returns, which never came. Hopefully, we won't see spam like that any time soon.

I wonder if the developer closes "the portal" for L2 ordinals or denies its access to the L1 layer of Bitcoin would this kind of craziness stop?