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RE: Physical Bitcoins

in #physical7 years ago

Yes you can buy an unloaded Casascius coin on EBay with no problem. It's not the same as a fully loaded one. Unloaded is like buying the frame where Leonardo da vinci once hung "El Mundi". It's worth a lot less without the painting.

I'm not sure I have ever seen a fully loaded 1 BTC coin on EBay, even if some were reportedly advertised there in the past. I suppose they were taken down as I can find any trace of a sale. Someone said that $100k might be the price. I wonder why anyone would sell a bitcoin now for that when everyone thinks it will soon be a cool million.

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@nathansenn . Wow! $245'000 for a Casascius bitcoin. I wonder if it will sell at that price? The trouble with buying and selling on eBay is reputation and Trust. It's all very well if you buy or sell an ordinary item, but trusting such a valuable item to arrive safely by Federal express? What's your recourse if the parcel arrives but the coin is not there?

I wouldn't trust it.

That's a lot of $ for one coin. :)

Yes it would be very high risk using any shipping service. Any purchase that large should be done in person with a 3rd party verification and have the items insured transported and stored correctly. This not your average consumers items.

With the rise in ride sharing services and the seemingly growing trust between peers, it would be a good idea to start a business in which errands could be ran and compensated thru virtual currency coded into the app that provides the services, right?

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