Sold of My Entire Bullion Collection In Order To Purchase BitCoins

I already have. Apologies for sounding abrupt.

 

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All I'm saying is that Bitcoin isn't even ALMOST a pyramid scheme. Its impossible to confuse the two, once you know what a pyramid scheme is.

 

I'm very new to the world of coin collecting. The last time I started my own collection was my early teens. I gave up on it and spent the money I collected because I needed it for at that time things that I needed. My father was a collector most of his life. Upon his passing, I inherited his collection. At the present time I'm trying to see what is in the collection and make some order of it. I've been reading some of the post's and getting confused were the market is at for the collection. From what I've been reading it looks like the market is down and the hobby itself is on the decline. My question is, hold or sell the collection. If the choice is sell, how do I find a person or dealer that would give me a fair price for the collection. I've have purchase the 2018 Red Book, trying to get a handle on the value the collection. Any advice, would be appreciated.

 

Some segments of the coin market are declining while others are on the rise...are you interested in collecting or just interested in the money?...What is in your collection? Try asking these questions on another thread based on collecting and not speculation. This thread has absolutely nothing to do with coin collecting. Good luck!

 

1 Bitcoin equals
13810.28 US Dollar

 

Which President is on the BitCoin, Republican or Democrat? For some people that will determine whether or not they get them.

 

I don't think they exist physically.
It's Matrix Money.

 

Neither. Bitcoin is not about "tangible" coins, and not US specific either.

Christian

 

One day Bitcoin will be considered the dinosaur of cryptocurrencies. It was the one that crept out of the ocean. I believe Hashgraph (rather than Block chain) will be the path that will be taken. Millions of times faster per transaction. Instead of 10 minutes per block, it is 100,000s per second.

 

Bitte, ein Bit!

 

How about French aluminum coins of the '50's; what's the most valuable of those?

 

1 Bitcoin equals
14147.20 US Dollar

 

One day, Bitcoin will be considered the most obscene bubble in the history of bubbles that people will say "What tulips?"

 

The score during the game is only of interest in the present tense. Only the final score is recorded in the archives.

 

Funny, the more I study the history of pyramid schemes, the more it looks exactly like Bitcoin.

 

I'm just shocked that someone like you that already clearly knows everything, needs to study at all.

 

Now THAT'S funny!

 

Merry Christmas Kurt!

 

Merry Christmas, yo' badd seff. I'l grant you there is a key difference between the typical pyramid scheme and Bitcoin - the element of intent. Most pyramid schemes are created to be a (duh!) pyramid scheme. Until we even IDENTIFY who Satoshi is, we have no way to definitely ascertain intent. It MIGHT be a pyramid scheme, but if it is, it sure has been an extraordinarily patient one.

As far back as 2010, my working theory was that it was somebody's psychology doctorate thesis project. I attribute its current run-up to its acceptance by the "government hating" element of society, an element no stranger to metals bugs.

Bitcoin is even MORE ephemeral than so-called fiat money is, so "intrinsicity" can't be its appeal. The only attribute it has in common with metals, but opposed to "fiat", is an irrational hatred of governments.

 

Whether it is a pyramid scheme or not, I don't know. Some of the crypto currencies definitely invite scammers, see OneCoin. With Bitcoin I do not see a pyramid but lots of flowers. After all, it does indeed remind of the tulipmania in Europe in the 17th century ...

Christian