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RE: Bitcoin shoppers go bonkers. Bitcoin on steroids. Like a vortex bitcoin is sucking in the non believers. Futures trading on CBOE starts this Sunday.

in #bitcoin7 years ago (edited)

Wow, I am astonished people are asking $50k for a fully loaded Casascius bitcoin. It’s more than I thought. I am still not selling mine. (What would I invest the fiat into? Dilemma dilemma)

As for all similar physical bitcoins being sold, they are not part of the internet history as they were not the first. Also, their supply may not be limited.

The supply of fully loaded Casascius is limited because he was shut down by the financial crimes division.

I don’t think I can judge the value based on an Ebay asking price, nor a Reddit “auction”. In both cases we could have shills bidding on their own coin, or untrusted counter-parties who keep serious buyers like museums away.

I will judge the price after a Casascius is sold by Christies or Sotheby’s.

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Yes, shill bidding is very frequent on ebay especially, but it does give an interesting ballpark look at how valuable people must think they are. I'm not sure why you would sell now, I don't think anything has close to the upside that the original Casascius coin has. That would be similar to taking an investment out of a thriving company and burying it somewhere lol.