Recent Posts

Pages: 1 [2] 3 4 5 6 7 8 9 10
11
Modern Chinese Coins / Re: Registry winner include panda coin collectors
« Last post by poconopenn on January 16, 2018, 04:29:21 PM »
I have been trading future for more than 30 years and watching bitcoin future since CME started it on Dec.17, 2017. Attached are charts for BTCF18 contract from 12/17/2017 to today. For comparison, chart for 30 year Treasury bond (USH18) also attached for the same period.

The margin requirement for bitcoin contract (5 bitcoins/contract) is $88,900 while margin requirement for Treasury bond is $2,750. In other words, you can trade 32 contracts of Treasury bond with the same amount of money for one bitcoin contract. If you short bitcoin and Treasury bond from 12/17/2017 to today, the profit for bitcoin trade is $36,685 ((18782-11445) x 5), while Treasury bond trade nets $113,600 ((154.05-150.41) x 1,000 x 32). IMO, no knowledgeable future trader will trade bitcoin future at current margin requirement. It is just not cost-effective. More trading activities will be happened only when the bitcoin valuation drops to about $2,000 and margin requirement to about $10,000.
12
Modern Chinese Coins / Re: 1980 Great Wall yuan variety ??
« Last post by poconopenn on January 16, 2018, 04:19:31 PM »
Usually, coin in pre-2012 holder and recertified green sticker fetches a premium over recently graded coins.  Recently, PCGS and NGC have promoted the copper coins with rainbow tone in several articles. This may create some interesting in this type coin, therefore, the valuation.
 
http://www.coin001.com/hack.php?H_name=auction&testcoin=1&skip=1&skip=1&action=detail&auction_status=3&aid=72593 (MS67, brickless, toned and recertified green sticker, RMB 2,901)

http://www.coin001.com/hack.php?H_name=auction&testcoin=1&skip=1&skip=1&action=detail&auction_status=3&aid=72729 (MS68, brickless, RMB 3,700)
14
Modern Chinese Coins / Re: What's on your shelf?
« Last post by PandaCollector on January 16, 2018, 03:06:30 PM »
15
Modern Chinese Coins / Re: 1980 Great Wall yuan variety ??
« Last post by SANDAC on January 16, 2018, 02:50:03 PM »
Hmmm, so I should send mine in to be graded?  They were just lay around in a box when I found them few years ago.  At least they are now in mylar flips.
http://china-mint.info/forum/index.php?topic=8795.msg51097#msg51097

Picture of brick vs brickless:
http://china-mint.info/forum/index.php?topic=9991.msg70625#msg70625

Frank had informative discussion about it:
http://china-mint.info/forum/index.php?topic=1078.msg64691#msg64691
16
Modern Chinese Coins / Re: 1980 Great Wall yuan variety ??
« Last post by fwang2450 on January 16, 2018, 02:22:21 PM »
1980 Great Wall Yuan is in the hype these days, especially the toned ones. This particular coin is re-certified, too.
17
These are typical tourist medals depicting scenes in Beijing.
19
China Imperial & Republic / Re: Szechuan Province Dragon Dollar
« Last post by china-silvercoin on January 16, 2018, 01:35:10 PM »
just for the records,  this coin got a XF Details grade from NGC.
20
Modern Chinese Coins / Re: Registry winner include panda coin collectors
« Last post by ccl on January 16, 2018, 12:53:30 PM »
Alternative cryptocurrencies are generally purchased with (and priced in terms of) bitcoin. You can then change the btc back to fiat at one of the gateway exchanges that facilitate this. Coinbase is the best known, Gemini is a better alternative.

The nature of this internet money means that it is fast. There is little to no delay in switching between cryptocurrencies as you go in and out of bitcoin each time. Similarly it is fast switching back any profits to USD.
Pages: 1 [2] 3 4 5 6 7 8 9 10