Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
Silly question: are old, legacy, pre-BCH fork Bitcoin worth keeping untouched/unspent for some reason? Are they expected to gain in value as "collector's items" compared to the more recent ones?
Came up in a conversation with a friend who hodls 3 such BTC (from 2016). Bought them for $1500, now worth $300,000.
I gave him my usual "keep them if you can, spend them if you must" reply, but I never thought of old coins gaining in value...
There's BCH ($626), BSV ($81), eCash ($53) and BTG ($37) that are worth keeping. I mean selling. That's $797 in total per pre-fork Bitcoin. Those Forkcoins have been losing value against Bitcoin for years, so I don't expect any of them to go up. But never say never in crypto.Came up in a conversation with a friend who hodls 3 such BTC (from 2016). Bought them for $1500, now worth $300,000.
I gave him my usual "keep them if you can, spend them if you must" reply, but I never thought of old coins gaining in value...
If you want to get rid of shitcoins by diluting thier market, selling them is a great option
These are fair points, yet I doubt that separating out the BCH would be very difficult, and it seems that the Trezor was one of the first wallets with a splitting tool, so I am not sure if the splitting tool still works the same as it did in late 2017... but yeah there could be ways to screw them up and to not be able to properly claim the BCH or other shitcoins that are also going to be on there. I am pretty sure LoyceV splits various coins for people if they want to find out how much he might charge, if that even is economical for anything other than the BCH (and presumptively BSV) BGold too...
I usually say: "make me an offer", and charge 10% for small amounts and 5% for larger amounts. The first step is always moving your Bitcoin to a new secure address before even thinking about claiming Forkcoins.