ComicCoin? What is it? 0

[Not A Clone]

I've seen this mentioned a couple of times recently while referring to older posts, but couldn't really find much info about it. Was it an attempt at a bitcoin for comics type deal? Just curious. 

[NoMan]

HA! Was just thinking about the ComicCoin debacle jus the other day. It was slightly before my time but I believe it went something like this:  Everyone would put in some money to buy a book, let's say Spiderman 20 CGC 9.8 for this example, The book costs 15 grand let's say. 15 people would put up 1 grand each and they would all technically own the book together. One person (the grand wizard who dreamed up the abortion of Comiccoin) would have the book and issue everyone a coin that would be a percentage of the ownership of the book. So you would say, "I own 10% of such and such book while only owning a neat looking Comiccoin." while ComicCoin wizard would have the actual book.

Yes, it was that stupid.

[Not A Clone]

2 hours ago, NoMan said:

HA! Was just thinking about the ComicCoin debacle jus the other day. It was slightly before my time but I believe it went something like this:  Everyone would put in some money to buy a book, let's say Spiderman 20 CGC 9.8 for this example, The book costs 15 grand let's say. 15 people would put up 1 grand each and they would all technically own the book together. One person (the grand wizard who dreamed up the abortion of Comiccoin) would have the book and issue everyone a coin that would be a percentage of the ownership of the book. So you would say, "I own 10% of such and such book while only owning a neat looking Comiccoin." while ComicCoin wizard would have the actual book.

Yes, it was that stupid.

lol, sounds bad. I'm guessing the wizard walked away with some books?

[NoMan]

like i said, others know more than I. Better they give you specifics. I think Comic Coin never made it to fruition 

[nepatkm]

Here’s it explained ... 

https://bitcointalk.org/index.php?topic=917002.0

 

Edited August 6, 2018 by nepatkm

[NoMan]

i dunno know. was i close? I ain't reading that. puts me to sleep

[thunsicker]

Here you go.

1 hour ago, NoMan said:

i dunno know. was i close? I ain't reading that. puts me to sleep

Close.  It was a crypto currency that was backed by a few comics which didn't come close to covering the valuation of the ask.

[FN-2199]

You all can have comic-coin. I'll be putting my money in something that has been around longer, like high-risk, mortgage backed securities. 

[Westy Steve]

On ‎8‎/‎5‎/‎2018 at 4:30 PM, NoMan said:

HA! Was just thinking about the ComicCoin debacle jus the other day. It was slightly before my time but I believe it went something like this:  Everyone would put in some money to buy a book, let's say Spiderman 20 CGC 9.8 for this example, The book costs 15 grand let's say. 15 people would put up 1 grand each and they would all technically own the book together. One person (the grand wizard who dreamed up the abortion of Comiccoin) would have the book and issue everyone a coin that would be a percentage of the ownership of the book. So you would say, "I own 10% of such and such book while only owning a neat looking Comiccoin." while ComicCoin wizard would have the actual book.

Yes, it was that stupid.

That sounds like a Consortium. 

[F For Fake]

Still one of my all time fav threads.