JTBGOOD-migration

Yes, I am sorry, I am missing the point. If the comic doesn't exist then we will never own it , of course, and will therefore not be reporting that number. If you are saying that we hypothetically buy a comic in raw form and the get it graded by CGC and it is now the only copy, then yes I suppose we would use the number as there would be no other number to use. But again, I am unclear why this is a concern as one can use any method of evaluation they would like. GPA most certainly does use EBay data. In fact, it is flooded with EBay data. The screenshot someone posted just a page or so ago is an exact EBay auction price. I am an old collector, but in this forum's eyes I am sure I would be considered an amateur or a casual collector or whatever term you use. I was once very serious about it, and then for many years other things in life took over. But the bug never went away. But, I am not trying to compare myself to you guys on this forum. I hope I answered your question properly.

Actually, I don't think the poor guy ever found it. He had "mined" Bitcoin back when it was worth close to nothing and then forgot about it until it became big -- and he had thrown away that computer!

HA! You're getting the idea! You need a "coin" first! Crypto coins are into the hundreds of millions of dollars now (billions, if you count Bitcoin). and they don't seem to be going away anytime soon. I've been reading up on bitcoins-they do seem to have staying power The downside is they can be lost to a computer crash or hard drive smash Yes, that is possible, but if it is any kind of serious money you need to back up the wallet on a USB stick or another computer. And there are other solutions as well. These crypto coins are all still in their infancy even BItcoin, despite the fact that it is often referred to as the granddaddy of the sector.

Yes, that is very true, However, the numbers are often very close. Plus, as I stated earlier, one "bad" auction (or "good" auction) can skew the averages enormously. And we have all seen EBay auctions that are very light and others that are very heavy-- it happens. But again, none of that prevents anyone from using any metric they want. The comic books are not going to be a secret. You and everyone else can look them up on GPA or anywhere.

HA! You're getting the idea! You need a "coin" first! Crypto coins are into the hundreds of millions of dollars now (billions, if you count Bitcoin). and they don't seem to be going away anytime soon.

OK, I am clearly not communicating properly. -- We can and do subscribe to GPA. The point is transparency. For those that own the coin and do not want or have even the faintest interest in subscribing to any comics price guide, they can still check the prices online to see that we are using actual numbers. I am unsure why everyone is so concerned with this aspect of the coin. I have not gotten one question at all about this anywhere else. As I stated many times, we will switch it over if the disparity is as great as everyone here seems to feel. Again, anyone can use any method they choose to evaluate the value of the collections. -- Many people will buy the coin. I know that many, if not most of you don't believe that, but it is true. In fact, some people are quite enthused about it. Still, if it is only purchased by me, my mother and one guy in Estonia, it will be quite easy to run the coin from that point as well. We will either keep expanding or just sell the collection, issue a dividend to the three coin holders and wrap things up. The structure can almost be compared to a closed-end fund in that way. Probably more accurately, to a foundation that tends to artwork. Either way, the structure is simple enough and flexible enough to work no matter the initial demand. I hope that I have responded to your concerns. I understand some of your reactions, but time will tell as they say. 99% of crypto are nothing but empty blockchains. This will have assets, so right there it has a step up.

Yeah, you have a point. But even in your example, there is less than one comic book sold per month for the entire year. Prices can be very wild and that one "bad" auction can throw the averages way down with such low numbers. Still, as I said we may switch over to GPA if the disparity is as large as many of you seem to feel. For now, it is hardly important. The coin isn't even out yet, so that one comic book's value is irrelevant at the moment. Comics Price Guide is free and allows everyone to follow along. That does not prevent you or anyone else from using GPA to value them. Or even to value them using a super-secret formula unknown to nearly all of mankind. The comics will be listed as acquired and anyone can very easily use any method they want for their evaluation of the collection and the coin price itself.

Ha! You know, we almost paid someone to clean it up or even make a new logo altogether. But, honestly it just grew on us. Maybe we will run one of those bounty deals for a new logo, but we have really warmed up to it. But you're right in that it is somewhat ludicrous!

So they can change the value to whatever they want it to be. What could possibly go wrong?

Ha! I am not sure you are getting the concept. But, yes, those types of books will be the long-term goal.

You are right -- my apologies. With the coin only a couple of days away from its debut, I have been very busy on many forums, Twitter, emails etc.I didn't take enough time when checking. No excuse though, I was wrong. As you know, I am not a regular here and I really just came in to defend Tonic's Comics. They are carrying the comics and he mentioned it. I am not sure if he knew it was going to generate 5 pages of...interesting comments. (I haven't spoken to him about it yet). Yeah, it could be it is a bit overpriced on the guide, but it happens. Two data points aren't enough. I know that I was looking at another Bronze age the other day (I think it may have been Batman #251, but I am not sure) where the guide said one price and all of the actual sales prices were way, way above that number. So, no it is not perfect. As I said, we are open to using other metrics if the prices are too far out of whack. We'll take a look as the collection grows. For now, its just one medium priced comic book, but we'll take a look. Thanks.

Actually the last real world sale was $410 for one grade below the one we own just a couple of weeks ago on EBay. We have confidence in Comics Price Guide, but they do lag sometimes in particular hot and cold books. But, that is not the reason we chose them. We want the average person to be able to follow along. Comics Price Guide is open to all and is free. Yes, they do underprice and overprice some issues, but overall, they are excellent. Now, I completely understand that you guys want GPA or Overstreet or any other edge to make your judgments. But, those cost money. The coin is meant to appeal to everyone, not just hard-core collectors. I think that serious collectors will find this fun too, particularly if they follow the crypto world as well. But, we want the casual collector or even people who just like the movies but are interested in comics to have fun too. As stated on the website, if we feel that the Comics Price Guide is just way off the mark on a particular comic book, we will change the value to reflect that. As a 9.6 Avengers Annual #7 just traded recently for $410, we just don't think that Comics Price Guide's value for a 9.8 is that far off. And, of course, auctions and other sales can fluctuate wildly as you guys know. But, we will be on the lookout for any big disparities. Plus, I am sure people will tell us loud and clear!

fixed that for ya..... Yes, well, I did expect that actually. While I am not a regular on this forum, I am on many and I know how they work. Again, for those that hate it, no problem -- completely get it. For those that find it interesting I am glad. We are collectors trying to bring that kind of fun to the crypto world.

Honestly though, if I am going to spend money on comic books, I am going to own and enjoy them. Why would I invest in a share of someone else's collection? Well, I guess you wouldn't. But some people would. There are many crypto fans out there (although not many here, from what I can tell! ) who want something different. This is an asset-based coin that invests its money (in this case XRP) into a collection of comics. One's share is based on the number of coins they own. There is nothing nefarious or mysterious about it. He just mentioned it and that the comics will be displayed in his store, that's all. I truly hope some of you find it interesting, but if not, I understand.

Well, it would be tough to follow all of those comments! Besides, I like the coin -- but then I would as I am helping to bring it out. I didn't expect it to be everyone's idea of fun! But thanks for checking it out!