Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: Rare Satoshis, thoughts? Anyone on here holding or trading? Block 9 450x?
by
Pmalek
on 27/09/2024, 12:14:35 UTC
⭐ Merited by pooya87 (2) ,ABCbits (1)
The first Sat mined after the last halving was speculated to reach a value of $1 million. To somebody who doesn't like this craziness, what if that "epic Sat" belonged to you and somebody offered to buy it for $1 million, would you decline?
I would be a fool to do it, but I still believe that my satoshi that some market participants deem to be rare or incredibly valuable is exactly the same as any other sats. However, if someone out there is willing to pay huge premiums for it, it only makes sense to sell it. I would personally never go looking and try to find such sats or participate in creating demand for them.

It's like if someone was willing to give you $100 for your $1 bill because it's a rare piece of art in their eyes. You are getting hundred times the purchasing power for it back, so do it.