So, who us gonna tell him? And I say “him” with complete confidence I am not misgendering this regard.
robmafia on
I’s too has pickle’s nickels!
unknownnoname2424 on
Ok, so copper moons to $20k per ton and you are looking at what max 10k profit? As I don’t think you have more than one ton copper here… True wsb regard.
SendMeBae on
Regard doesn’t take into account inflation
Beginning_Purple_579 on
Just that with inflation 5 cent now, dont mean 5 cent in future in regard to the value. But seems fun!
FutureNoise on
*inflation does 360 spin and walks out*
VirtualMemory9196 on
Inflation
Detail4 on
Inflation. Yes, you have 5 cents but it won’t be what it used to be.
I suggest they take 1 nickel to a scrap yard and see if they get 6.2 cents for it.
Also, Uncle Sam has thought of this and it is illegal to melt down coins for their scrap value.
Blitzdog416 on
if i had a nickel for every time…oh!
CapnCurt81 on
Two big problems…even if the value of copper doubled, you can’t melt US currency legally. And most importantly, one TON (2000lbs) of nickels would still be worth less than 5 1oz gold coins that could easily fit in your pocket (or prison wallet). To store any meaningful amount of wealth in nickels, let’s say $50k, would be almost 3 tons of weight you’d have to transport at some point.
This is meth head behavior.
bluehat9 on
It’s illegal to melt down us currency
JefferyTheQuaxly on
the downside is admitting to planning to commit a federal crime on your twitter account after you sold all your bitcoin right when bitcoin started crashing.
Quick-Exit-5601 on
Ea nasir has reincarnated.
brohebus on
He can be two things.
sinncab6 on
The downside is some junkie sees this posts and realizes he doesn’t need to demo an entire house to get his fix that night.
Putrid_Pollution3455 on
All I see is silver lol
idlefritz on
How much to extract it from the nickels?! Is this dude a master smelter?
TheVishual2113 on
can’t scrap us currency but this is a meme anyway so lol
TheNicestRedditor on
The penny is gone, nickel is next
thenotorious-f-a-g on
AI image
Few-Frosting-4213 on
You can’t melt them for profit, and even if you could, it would cost a pretty nickel to process it/find some shady metal smith that would break the law for you. Meanwhile it’s just taking up storage with shit liquidity while inflation rails you.
I hope for this guy’s sake he just found a picture somewhere or shitposting with AI. The only hope is if the US just decides to get rid of nickels and lift the ban. But by that point everyone would be doing the same shit so it would be a loss anyway unless you were lightning quick.
The more I think about it the more I love this guy because it’s like he would need insider knowledge to just maybe break even.
SolutionWarm6576 on
Maybe if they were pre 1964 quarters, with the silver. Would be worth something.
lol it’s illegal to melt down coins for their base metals.
shanks_rico on
Just read today about Strategy’s cash reserves and BTC holdings. The risk/reward is there for some to see the day when the BTC holdings instantly are recognized the same as cash reserves and it’s just a company with a whole bunch of money but no real asset. Similar to this. Could fuel an intergalactic war or crumble down upon itself when the wind blows….
If I overheard “Crypto to Nickles” at a restaraunt, I would pick up my cup and plate then move to their table. It’d be like those rare moments growing up when Mom let me eat dinner on the sofa while watching “America’s Funniest Home Videos.”
ItsYaBoi97 on
I mean if the nickel is next on the list to get decommissioned then destruction of the coin for said metals is fine. I’d like to know the cost of extracting such value and if it offsets the cost of obtaining the nickel.
Boatsssandhoesss on
This dude, if you weren’t around last bull run is a first class cunt. He left his fiance in the states with his dog and went to Asia with Machi and abandoned them lol.
PercTrader on
Jokes on him people will switch to synthetic zinc and money will be useless
festivalowl on
I’m laughing
ProfessorCaptain on
imagine the smell
Calm-Buddy-7541 on
EA Nasir
BicycleGripDick on
Next headline, “Trump takes the Nickel out of circulation. All coins deemed worthless from this day forward.”
37 Comments
absolute regard
The downside is you have a room for your nickels.
So, who us gonna tell him? And I say “him” with complete confidence I am not misgendering this regard.
I’s too has pickle’s nickels!
Ok, so copper moons to $20k per ton and you are looking at what max 10k profit? As I don’t think you have more than one ton copper here… True wsb regard.
Regard doesn’t take into account inflation
Just that with inflation 5 cent now, dont mean 5 cent in future in regard to the value. But seems fun!
*inflation does 360 spin and walks out*
Inflation
Inflation. Yes, you have 5 cents but it won’t be what it used to be.
I suggest they take 1 nickel to a scrap yard and see if they get 6.2 cents for it.
Also, Uncle Sam has thought of this and it is illegal to melt down coins for their scrap value.
if i had a nickel for every time…oh!
Two big problems…even if the value of copper doubled, you can’t melt US currency legally. And most importantly, one TON (2000lbs) of nickels would still be worth less than 5 1oz gold coins that could easily fit in your pocket (or prison wallet). To store any meaningful amount of wealth in nickels, let’s say $50k, would be almost 3 tons of weight you’d have to transport at some point.
This is meth head behavior.
It’s illegal to melt down us currency
the downside is admitting to planning to commit a federal crime on your twitter account after you sold all your bitcoin right when bitcoin started crashing.
Ea nasir has reincarnated.
He can be two things.
The downside is some junkie sees this posts and realizes he doesn’t need to demo an entire house to get his fix that night.
All I see is silver lol
How much to extract it from the nickels?! Is this dude a master smelter?
can’t scrap us currency but this is a meme anyway so lol
The penny is gone, nickel is next
AI image
You can’t melt them for profit, and even if you could, it would cost a pretty nickel to process it/find some shady metal smith that would break the law for you. Meanwhile it’s just taking up storage with shit liquidity while inflation rails you.
I hope for this guy’s sake he just found a picture somewhere or shitposting with AI. The only hope is if the US just decides to get rid of nickels and lift the ban. But by that point everyone would be doing the same shit so it would be a loss anyway unless you were lightning quick.
The more I think about it the more I love this guy because it’s like he would need insider knowledge to just maybe break even.
Maybe if they were pre 1964 quarters, with the silver. Would be worth something.
Poor penny
So many Ass Pennies.
https://youtu.be/f9aM_dT5VMI?si=iXc_XjulihDJz1Et
lol it’s illegal to melt down coins for their base metals.
Just read today about Strategy’s cash reserves and BTC holdings. The risk/reward is there for some to see the day when the BTC holdings instantly are recognized the same as cash reserves and it’s just a company with a whole bunch of money but no real asset. Similar to this. Could fuel an intergalactic war or crumble down upon itself when the wind blows….
https://preview.redd.it/2e5qk5by8m4g1.jpeg?width=596&format=pjpg&auto=webp&s=d9f3c89d7645012a4d58a205154c72c914a18b99
Never go full regard.
If I overheard “Crypto to Nickles” at a restaraunt, I would pick up my cup and plate then move to their table. It’d be like those rare moments growing up when Mom let me eat dinner on the sofa while watching “America’s Funniest Home Videos.”
I mean if the nickel is next on the list to get decommissioned then destruction of the coin for said metals is fine. I’d like to know the cost of extracting such value and if it offsets the cost of obtaining the nickel.
This dude, if you weren’t around last bull run is a first class cunt. He left his fiance in the states with his dog and went to Asia with Machi and abandoned them lol.
Jokes on him people will switch to synthetic zinc and money will be useless
I’m laughing
imagine the smell
EA Nasir
Next headline, “Trump takes the Nickel out of circulation. All coins deemed worthless from this day forward.”
That price floor neglects inflation, doesn’t it?