Post
Topic
Board Collectibles
Re: 4K Casascius Coin Marketplace
by
OgNasty
on 22/01/2022, 00:23:57 UTC
Just had my MS70 silver gilt 1 BTC sell for 3.5 WBTC on 4k, not sure how to feel tbh. Listed at fairly high prices because I wasn't that motivated to sell but apparently someone really wanted one  Shocked

txid: https://etherscan.io/tx/0x5d2dea2ab81fc8db685a4646b9b8cc5bd777a97714a01e3ba9542285e86f1c4c

I'm just curious what made you willing to trust this site?  Seems like you could take that 3.5 BTC and buy 2 more of those coins from here to sell on that marketplace.  I know with a 250% premium on Casascius coins I would sell my entire collection.  I feel like this might fall into the too good to be true category.  The whole idea of sending them your coins in exchange for an NFT smells a little.  I'm happy for you though.  Were you ever worried you wouldn't get paid or that they would take your coin?  I don't think I could have taken such a risk.  Glad it paid off for you.  It must have felt great seeing those coins hit your wallet.  I hope others have a similar experience.

I would trust them. They have real $ backing them. They arent running off with the coins if thats your worry.  (I dont know any of them personally). StockX also announced they will be doing the same with sneakers.

So far those who have trusted have been rewarded.  I'm just not sure I could be that trusting.  Granted I haven't done my research, so maybe that's why.  I just couldn't imagine offering that service myself and expecting anyone to use it.  I'm fully capable of executing it, but I wouldn't even want the risk myself. 

It's a cool innovation for trading physical goods and there are plenty of people who will partake I'm sure.  I guess I'm just too cynical of a person to be able to trust such an operation.  I'm jealous of the premium though.  If people are willing to take the risk of using this site, there's certainly plenty of opportunity to buy coins on this forum and resell for a massive profit...  I've got a 0.5 BTC Cas coin I'd sell for much lower than this site's asking prices if someone wanted to take the risk...