Post
Topic
Board Collectibles
Re: [WTS] 2011 Casasious S2 2011 Graded ANACS MS65 Mint Bitcoin
by
cptdome1
on 16/01/2021, 20:21:51 UTC
From what ive noticed in my time here is unfortunately that the people that buy these coins on here still think in usd terms i think premium on these coins will improve a lot when that is not the case. I am also kinda depressed knowing, that at the way things are going, our collectibles are losing so much value in btc premium, which is what really matters, they will be worth more to destroy and peel them very soon. I really like that you made this post also, as a complete newbie, before i found this site, i would have thought 2x premium is a very fair deal for sure and i hope you get your asking price especially if in btc. Good luck on the sale of youre rare, great coin.

With the ease of transferring between USD/EUR/GBP etc into BTC it only makes sense to think of the premium in terms of fiat.  If BTC were $1mm the premium would be so small it of course will be better to just peel.  If BTC goes back to $100 then sure multiples of the BTC value make sense.  I dont really feel bad for those who paid a large BTC premium for these coins years ago because they most likely paid small $ value for the BTC at that point.  Either way they are still ahead.  The only person who would get burned is the one who thinks paying large BTC multiples make sense now with BTC where it is at the moment.