Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Shop for APMEX Bullion on eBay!Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

I Received My First Bitcoins Today....

To participate in the forum you must log in or register.
Author Previous TopicReplies: 15 / Views: 2,545Next Topic  
Pillar of the Community
Connor's Avatar
United States
2130 Posts
 Posted 08/25/2017  10:56 am Show Profile   Bookmark this topic Add Connor to your friends list Get a Link to this Message Number of Subscribers
Ok... not real bitcoins but they are real silver rounds with a mintage of 10,000.



I-Received-My-First-Bitcoins-Today....
Pillar of the Community
Learn More...
BigSilver's Avatar
United States
2843 Posts
 Posted 08/25/2017  11:02 am  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
I am a huge fan of novelty rounds. I like.
Rest in Peace
Crazyb0's Avatar
10197 Posts
 Posted 08/25/2017  1:09 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Ah Bitcoins. Heard yesterday something about them being the first currency of our day to suffer runaway inflation, first (and last) step toward oblivion!
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 08/25/2017  2:32 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
They were up somewhere in the $2500-3000 range recently.

But I'd still like to see them buy groceries.

Weird rounds are a blast if you can nail them fairly close to spot.
Pillar of the Community
DavidUK's Avatar
United Kingdom
2624 Posts
 Posted 08/25/2017  2:51 pm  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
They have broken $4000 again...

The run away inflation is a good thing... (Well I own part of some so I like it ^^) the idea is that Bitcoin is finite like gold so there can never be more than a set number of them. That is what creates value... plus they can be infinitely split into smaller denominations, so once it reaches a certain level it should be stable but that won't be for a while. It is not the beginning of the end it is the sign that people are beginning to realise this isn't just going to go away. Think of them like a share as much as a currency, if a share went through the roof you wouldn't say its the beginning of the end. Rolex watches also have perceived value, these have been going up for ages, are Rolex finished too?

Peculiarly though other crypto currencies are all over the place, Feather coin has remained stable at 5 cents each for ages, yet Litecoin rose, Dogecoin rose and fell back... who knows what will happen with these currencies, I mined mine on the computer so its like a free bet for me.

As for rounds I have similar to that in three metals, copper, bronze and silver I think, I haven't looked at them for a while, I just thought them a bit of fun.

Edited by DavidUK
08/25/2017 2:55 pm
Pillar of the Community
Finn235's Avatar
United States
6130 Posts
 Posted 08/25/2017  2:56 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
1 bitcoin = US $4,432.60 right now

I don't see the point of putting a "denomination" on a silver round that isn't even close to said denomination, but silver is silver . It looks cool at least.
Moderator
Learn More...
jbuck's Avatar
United States
188440 Posts
Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 08/25/2017  6:01 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Nice.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Moderator
Learn More...
Spence's Avatar
United States
34410 Posts
 Posted 08/25/2017  6:27 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@connor, nice pick-up. Is it the same design on both sides?
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
Pillar of the Community
welder's Avatar
United States
1037 Posts
 Posted 09/16/2017  10:36 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
Very nice indeed.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 09/16/2017  11:05 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I want a real, genuine Bitcoin proof !
Pillar of the Community
Connor's Avatar
United States
2130 Posts
 Posted 09/17/2017  08:23 am  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
I received an email about these from JM Bulion on Friday. The company that produced these made the wrong COA. They listed a mintage of 10,000 when it was actually only 2,500. They are going to be sending me the correct COA to go with my 3 rounds I purchased.
Pillar of the Community
Learn More...
BigSilver's Avatar
United States
2843 Posts
 Posted 09/17/2017  09:35 am  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
After seeing this post I actually came across one of them in a pawn shop. Got it for a steal. Thanks for posting. I would never have noticed it without having seen it here first.
Pillar of the Community
Mark1959's Avatar
7234 Posts
 Posted 09/17/2017  10:01 am  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
I think the B is for "bullion" no matter how they spin it by saying only 2500 minted. Novelty will wear off and you have a fancy ounce of silver.
Pillar of the Community
Connor's Avatar
United States
2130 Posts
 Posted 09/17/2017  10:23 am  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
That's perfect because I like fancy ounces of silver as well!!
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 09/29/2017  6:57 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
Nice round with the bitcoin design. It's one oz pure silver? I'd like to have one for my nerdy corner...

@Crazyb0: bitcoin is a cryptocurrency. It's not regulated and physical laws don't apply to it. Hence, there cannot really be inflation.
  Previous TopicReplies: 15 / Views: 2,545Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.4 seconds to rattle this change. Forums