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Comic Book Coin is Coming!
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Started by Tonic's Comics,

424 posts in this topic

steveinthecity

steveinthecity

Posted
Posted

only tourists think of chicago pizza as being that mess called deep dish. Grew up there and never ate deep dish in my life.

 

THIS IS PIZZA\

 

4N3fTgol.jpg

 

straight from our favorite pizza joint in Tinley Park Illinois (south suburbs) -- Italian sausage thin crust cut in squares.

 

you have not lived until you have had this pizza -- we have paid hundreds of dollars to have it shipped flash frozen to Florida and Arizona over the years but the best is eating it there in Tinley. The picture above is from one of those sent to Florida. Still trying to find some shots we took inside the restaurant.

 

1) I have heard from a Chicago native that the only time Chicagoans eat deep-dish is when their tourists friends come to town. :lol:

 

2) that sausage pie looks great! I'd be down for some of that!!!

 

3) I am so glad there is no OOC thread here in the WC... or is there? hm

 

:D

 

 

 

-slym

:D There is. You started one.. This post is in CG.

 

For the record, I prefer thin crust.

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01TheDude

01TheDude

Posted
Posted

the picture I put up is a thin crust pizza -- medium -- and to get them to cut it here in Phoenix that way, you have to tell them square cut. In Chicago at Ed 'N Joes (where my pizza shot is from) all pizza comes square cut. I can't recall pizza coming any other way when I lived up there.

 

every single time I have been to Chicago, I make a bee line off the plane to this restaurant to start the pizza eating experience. Trust me-- it looks even better when you get it from the restaurant.

 

I am working myself up into making a trip at the worst time of year to go there just for some of this pizza. screw that-- I'll call and order some to be shipped.

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dupont2005

dupont2005

Posted
Posted

I like thin and deep dish as long as they're made with quality ingredients. The most recent pizza I bought was a deep dish though. TEN POUNDS of pizza. I bought it at lunch time and only managed to eat a slice and a half all day, feeling like I just left the buffet the entire time. That's some filling food for sure.

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JTBGOOD-migration

JTBGOOD-migration

Posted
Posted (edited)

OK, guys, you will be happy to hear that this is my last post on this subject!

 

Well, unless pulled back by popular demand! (Yes, a joke).

 

It has been, well....I guess, "unusual" might cover it! :D Whether CBC is a success or, as many of you predict, a total bomb (and we will have an inkling soon enough as it opens for trading in less than 6 hours), I will not be bothering you about it any more.

 

Thanks to all who read the posts and even those giving me...uh...advice! It has been fun and I appreciated the opportunity to discuss CBC with you all.

 

Hopefully, I can come back some day and post about a comic book or two. And maybe I will see one or two of you on some crypto forums! Thanks again!

Edited by JTBGOOD
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He11blazer

He11blazer

Posted
Posted

I know crypto and I know comics, so I guess I have to check this out...

 

OK, I don't want to be another naysayer but... This is a very effective way for the operator to sell comics at a price of their own choosing.

 

Correct me if I'm wrong, but after a quick read it looks like it works (or could work) like this:

 

I buy CBC from you with Ripple. You sell Ripple and buy comics (from yourself if you like, at your valuation) to add to the CBC collection. My CBC now has a real world valuation of (value of collection) / (number of CBC in circulation).

 

Now, that COULD be operated in a way that is 100% equitable, but it COULD also be operated in a way that is downright cheeky :)

 

Given the long history of 'scamcoins' I expect most people will assume the latter. It helps that there is a store with a physical presence. If this were to have any chance of success it needs total transparency, and I do mean TOTAL.

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Dr Chaos

Dr Chaos

Posted
Posted
I, for one, think this is a great idea. This is the Chicago-style deep dish pizza thread, right?

 

(opens new browser window…clicks link to Comic Book Coin explanation…head explodes from sheer awesomeness of idea…no wait…sheer bizarreness of idea…then posts)

 

Oops…my bad. Wrong thread… :facepalm:

 

Great...now I'm craving Giordanos, thank you. It's only an eight hour drive :sorry:

 

Jim

 

:acclaim:

 

Don't worry…ended up making myself hungry, too. :tonofbricks:

 

Old Chicago Pizza :cloud9:

 

Yea no.... Chicago doesn't make pizza. They make Sauce Pie. It's gross. Please NEVER refer to that stuff as pizza.

 

THIS is pizza

20101029-pizza-lab-1.jpg

 

Quoted for truth.

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He11blazer

He11blazer

Posted
Posted
So I read your site. I definitely need to know a little bit about you because the words you are using are words, that's for sure, but none of them make sense in the order you use them.

 

Could you please state some facts as to why we should invest $5,000 (the approximate conversion price of 1,000,000 Comic Book coins) to you? What guarantee is there that the currency will have any exchange value following its release? What are your qualifications to manage a $5,000 hedge of funds to purchase comics that will increase in value and raise the value (and dividends!) of the stock excuse me coin?

 

 

Whoa. There are absolutely, unequivocally zero, none, and less guarantees that the currency will have any value whatsoever. Anyone with that thought should stop even thinking about this coin, and for that matter any crypto coin at all. The market will decide the price of the coin -- period. Full stop.

 

--- Now, separately from the market trading of CBC, let's say for the sake of argument that CBC raises $1,000 (to use easy numbers), goes out and buys approximately $1,000 in comic books and the coin just slowly fades downward to a total value of say, one dollar. Well, at that point, in the unlikely event that no one buys those coins and interest has just gone away, then we can just sell the comics, pay out everyone's share of the proceeds and call it a day. The coin will then close up shop and we all move on to Comic Book Coin 2 (kidding! :D).

 

But, that is very different from any guarantees of any trading value or day-to day market price of the coin. They are two separate concepts. If there is confusion on that part, then please don't even think about getting any CBC.

 

--- As for "qualifications" to run a "hedge fund", I have quite a bit actually, but that is besides the point, because this is not a hedge fund. There will be no hedging, or leveraging or any other investment strategies employed which are commonly associated with hedge funds. Now, if you mean what qualifications do I have to buy comic books for CBC, I have none, especially as I am not sure what they would be. This has never been done before quite like this for comic books that I am aware of. I am not some famous collector or anything, if that is what you mean.

 

--- And, finally, there is also no guarantee that any comic books will increase in value. Comic books are notoriously finicky and volatile commodities. Both short-term and long-term valuations can depend on many factors in both micro and macro terms. A simple uptick or downtick in the economy, for example can be a factor which alters prices, not to mention what may happen to certain individual comics. Anyway, you all get the idea.

 

I advise you to contact a team of attorneys immediately. If this actually goes live tomorrow then you are going to need them.

 

No he won't. You are obviously not familiar with cryptocurrency. There are absolutely zero legal concerns for him in selling his cryptocoins. Nothing illegal about it, nothing required to back it up. He has a stated plan of using those funds to back the coin's value with a comic collection. However crazy that plan may or may not be, he will not require legal services.

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He11blazer

He11blazer

Posted
Posted
Ahem,

 

See the discussion of the now-defunct comicshares.com (albeit minus the Crypto overlay) here:

 

http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&Number=3874807&fpart=1

 

In particular, G.A.tor's comment on page 3:

 

the general concept is sound....

say for instance, that in 2008 you and 6 buddies got together and each ponied up 10K towards a nice restored action 1 (maybe the 68K copy from heritage)... 2 years later, that book would easily sell for $100K.... so, your 10K "investment" has a real world value of $14K+....a 40% return in 2 years... not bad...

 

Another pearl of wisdom:

 

if run by the "right" folks, then the concept is sound.... obviously, from viewing this site, these are not the "right" folks

 

A completely valid comparison. If run completely above board then that is exactly what the scheme is, plus the convenience of cryptocurrency as a means of trading stakes.

 

Personally I wouldn't dream of buying into a shared comic collection as an investment. I'd rather do it myself and trust my own judgement.

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Gatsby77

Gatsby77

Posted
Posted

Friday or bust!

 

I know nothing about crypto beyond an article I read a year ago that basically said I'd need to devote a spare bedroom to coolants for my computers if I wanted to try to be a player in the bitcoin mining game.

 

But my 10 second Google search of "asset-backed crypto" yielded this:

 

http://voin.co/beware-the-asset-backed-cryptocurrency-tidal-wave/

 

And the top hit for "bitcoin" right now:

 

http://dealbook.nytimes.com/2015/01/13/as-bitcoins-price-slides-signs-of-a-squeeze/?_r=0

 

If Bitcoin's plummeting, won't Ripple (the underlying value backing the CBC) be falling as well?

 

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jaybuck43

jaybuck43

Posted
Posted
So I read your site. I definitely need to know a little bit about you because the words you are using are words, that's for sure, but none of them make sense in the order you use them.

 

Could you please state some facts as to why we should invest $5,000 (the approximate conversion price of 1,000,000 Comic Book coins) to you? What guarantee is there that the currency will have any exchange value following its release? What are your qualifications to manage a $5,000 hedge of funds to purchase comics that will increase in value and raise the value (and dividends!) of the stock excuse me coin?

 

 

Whoa. There are absolutely, unequivocally zero, none, and less guarantees that the currency will have any value whatsoever. Anyone with that thought should stop even thinking about this coin, and for that matter any crypto coin at all. The market will decide the price of the coin -- period. Full stop.

 

--- Now, separately from the market trading of CBC, let's say for the sake of argument that CBC raises $1,000 (to use easy numbers), goes out and buys approximately $1,000 in comic books and the coin just slowly fades downward to a total value of say, one dollar. Well, at that point, in the unlikely event that no one buys those coins and interest has just gone away, then we can just sell the comics, pay out everyone's share of the proceeds and call it a day. The coin will then close up shop and we all move on to Comic Book Coin 2 (kidding! :D).

 

But, that is very different from any guarantees of any trading value or day-to day market price of the coin. They are two separate concepts. If there is confusion on that part, then please don't even think about getting any CBC.

 

--- As for "qualifications" to run a "hedge fund", I have quite a bit actually, but that is besides the point, because this is not a hedge fund. There will be no hedging, or leveraging or any other investment strategies employed which are commonly associated with hedge funds. Now, if you mean what qualifications do I have to buy comic books for CBC, I have none, especially as I am not sure what they would be. This has never been done before quite like this for comic books that I am aware of. I am not some famous collector or anything, if that is what you mean.

 

--- And, finally, there is also no guarantee that any comic books will increase in value. Comic books are notoriously finicky and volatile commodities. Both short-term and long-term valuations can depend on many factors in both micro and macro terms. A simple uptick or downtick in the economy, for example can be a factor which alters prices, not to mention what may happen to certain individual comics. Anyway, you all get the idea.

 

I advise you to contact a team of attorneys immediately. If this actually goes live tomorrow then you are going to need them.

 

No he won't. You are obviously not familiar with cryptocurrency. There are absolutely zero legal concerns for him in selling his cryptocoins. Nothing illegal about it, nothing required to back it up. He has a stated plan of using those funds to back the coin's value with a comic collection. However crazy that plan may or may not be, he will not require legal services.

 

Maybe in the UK you are right. I go there often but do not practice law there. I know plenty about cryptocurrency. I also know US law intimately, specifically securities law. Section 5 of the Securities Act requires registration unless it has a qualified exemption. Here are two examples of cryptocurrencies being prosecuted under Section 5.

http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541972520#.VLZkm8aabM_

 

 

 

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