Post
Topic
Board Speculation
Re: Buy BTC sold for 16 BTC-1 mil USD
by
Smilevictorobinna
on 09/05/2024, 12:05:31 UTC
Had a few worths on this auction and like to expand the discussion...

What do we think about it and are there many other moments which created a historical piece that could provide high prices in BTC or FIAT terms?
And with what kind of others pieces can we compare a piece like this one..


https://x.com/BTC_Archive/status/1783424287438713334


I've not bought paper in a while, if it were only priced in dollars, so about $1,000,000.00 I just would have thought inflation was just bad.

But 16BTC seems a bit much for a bit of paper and some writing on it.

----------------

"Scotland's power-sharing government collapses as SNP and Greens end deal"

Who would have guessed two camps of crazy left wing communists not agreeing with each other eventually?
One camp is led by someone who literally hates the indigenous people, the other hates that the last 200 years of technical advancement happened.
 Roll Eyes




would it be worth more as this Einstein note over time?

https://editi[Suspicious link removed]/style/article/einstein-handwritten-notes-auction/index.html

*In terms of FIAT not in terms of 16 BTC ...

I mean in terms of FIAT stricktly, would it be a good investment comparing with a paper like the Einstein one or compared with a Football, Pokemon card etc

It seems to be a historical collectible just like the newspaper where BTC was mentioned for the first time...(I do remember an auction for the paper was held on this forum, but can't find the link anymore, if someone can add it in this thread its merit worthy imo...)

Could this BTC outperform a lot of them? It could act like a cool piece on the wall, but better like some famous paintings etc??

Pieces with historical mentionings got value, but whats the correct price or how can we value a specific paper like this one and which will follow this Buy Bitcoin paper in the future?
There gotta be more of them...
Every single thing that has given bitcoin the edge it has at this time deserves all the attention and recognition they are getting.
However 16 BTC with the current fiat value seems a bit high, it's very much okay to value such a historical piece that played a magnificent rule in bringing bitcoin to the limelight with such wonderful worth.
If satoshi white paper was not a popular resource that's in the public domain, it's most likely that he would have gotten similar worth as Albert Einstein.
At the end of the day what's more important, it's just a matter of contextual contribution to humanity, and when Bitcoin eventually gets the kind of public acceptance that Einstein's works has gotten globally. Then pieces as this we go a long way to becoming of a higher worth far above what we are currently evaluating it right now.