Bitcoin Forum

Hi everyone,

I'd like to feel out how much interest there is for one of the two 500 BTC bars that I made, one which is still intact.

The owner is a long time friend of mine who recently passed away.  His family & their attorney are interested in selling it and they're not sure whether they're best to try to sell it intact (logistically challenging for its value) or to break it open.

So I'm interested in gauging interest in the form of non-binding USD offers on the bar, either open or intact, and in the case of intact, offer could be "$X + 500 BTC" so as to offer price $X on the physical bar itself, the 500 BTC being merely a reimbursement for the bitcoins it contains.

I'm able and willing to certify the bar as the authentic original and also provide the story line for how the bar came to be created and the nature of my relationship with that friend, we go back about 25 years.

You'll probably find people interested here (https://bitcointalk.org/index.php?topic=1138541.0). If there are more talks about the 500 BTC bar, I don't remember, but I think this is the last time someone showed interest on one of those on the forums.

Also, I guess we're finally going to know who owned the second bar :D Watching.

Sorry for your loss Mike. Tough time, I am sure.

I would be interested in the redeemed bar, more within my price range than an intact bar .... but it would be a real shame if that ended up being the way it needed to be sold. Hope you can find a buyer for it 'as is'.

Is the sale (of the bar) fixed in USD, or could it be bitcoin ? (Effectively, could a USD offer be made, but the payment made in bitcoins)

Any limitations as far as international sales go ?

(Thanks, and welcome back)

Do you have a specific price range that you have in mind?

As is the same as above, having the 500 BTC intact would most likely be out of my price range

So I am not the seller - I have no notion of what the price should be (and as the maker, I tend to steer clear of participating in the market).  No possibility of offending me - offer $0 just for giggles if you'd like.

His next of kin (& attorney) are not Bitcoin savvy so whether or not they decide to follow through with selling it will depend on whatever they see, USD preferable, and whether they will feel risk selling what must feel like a hot potato (hot in the sense it is a small object with a lot of value, the kind you would have professional handling for rather than ship in the mail).

Reserved.

https://bitcointalk.org/index.php?topic=1138541.0

Sent a message to someone who might want a loaded one...

Oh, so he wants USD for the bar not Bitcoin?

I am interested in the bar.

Since no one has made an offer and this isn't an auction, I will just low ball to get a number started other than simply saying I am interested....
I offer BTC + $2k

(A bump to the thread to get notifications since I rarely come to BCT)

lol...that was quick  ;)

Amazing offer! I'd be extremely surprised if you didn't get it.

I'll offer $2500 for a redeemed bar only.  If it makes any difference, I can fly out to meet the seller if based in the US.

Just to be clear on my starting offer,  I am only interested in an intact bar.   PM sent to Mike with details.

I'd offer the USD equivalent of 5 BTC for the redeemed bar (and holo) using the Winkdex rate at 12:00 noon UTC on the day the agreement is finalized.

Sorry, I know that sounds obtuse, just have no idea how to price the thing in USD. Would love to watch the holo being peeled, and potentially interested in traveling to make that happen, depending on location/date etc.

Seems low in my eyes for a 1 of 2 piece and it being the only one still not redeemed.

It'd be a shame to have both of the 500btc bars redeemed IMO.

Little confused here.  If chainsaw has one and you have one, then what is Mike selling?  Unless chainsaw passed away or you sold yours to him (or vise versa).

The one pictured in my thread is Chainsaws.

I had it listed a long time ago for 1000 BTC because he felt more comfortable having me assess it's value + with that high of a listing.  I tend to be fairly confident asking high prices for rare items and catching shit over it :).

He will entertain offers directly though and you're welcome to confirm what I said here with him. (I'm sure he'll pop up over here at some point)

Oh, ok.  Makes sense now.   Thanks.

Mike - This place is not great for this type of sales anymore - I would suggest Reddit or even Twitter

At lease you have Michail1 here at a base bidder


Good Ole Bay trying to turn a buck some things never change -

Sorry for your loss, Mike.  Thank you for everything you have done for us!

Yes thanks Mike true legend you are and always will be, sorry for the loss of your friend :'(.

So sorry for the loss of your friend, Mike. Hopefully the family is able to raise a significant amount of funds with this bar and I would love to help. I have sent an offer via PM.

I am definitely interested in the one that is still intact. I will Pm you the offer soon.


EDIT: I'll go ahead and beat Michail1 offer. 500btc + 5k USD for the intact bar.

Be careful >https://bitcointalk.org/index.php?action=profile;u=737918 Impersonator/fake account

Well, I thought it would have happened faster, but scammer already trying.
https://bitcointalk.org/index.php?action=profile;u=737918 (https://bitcointalk.org/index.php?action=profile;u=737918)

Take note that he is quoting another account which appears to have been registered 1.5 years ago with zero posts.  Probably his account as well.
https://bitcointalk.org/index.php?action=profile;u=315588 (https://bitcointalk.org/index.php?action=profile;u=315588)

This scammer is also fake quoting OgNasty.

I will not raise my offer in this thread.  I am interested in the bar though and willing to discuss price directly.
Mike, you have my email address and phone number.

Also Michail1 said once he buys it that he wants it shipped to me as a gift (late Xmas gift).

Mike, notify me if Michail1 outbids me or if anyone else does.

 ;)

Do I hear 5000 BTC for this bar? ;)

Trying to scam in a deal involving a legend like Casascius using my name is messed up...  I doubt escrow would be needed in this case either.

Any update on this ?

Mike hasn't contacted me on it.

I can't get past the topic of it being 'potentially for sale'.   No sense making a real offer if it isn't actually for sale.  I am sure there are plenty of people that would like to get it (scammers included), but few know what to offer (me included) on something not actually for sale.

I will update if Mike contacts me.  I will not update if I actually am able to get it.   <wink>

Pretty much what I assumed when I mentioned this to you. Sorry to waste your time Michail1  :P

Oooh. Obviously, Mike is acting as escrow for his friend's family for the bar. Buyer pays Mike, he ships the bar. Mike pays family in USD.

That would be fine with me.  Gotta get an update from Mike though.  Might even be sold by now.  :)

Is this bar still for sale?  Any update ?

$8k + 500btc

You have it now, or he actually responded to you?  (I didn't get a reply.)  Sad.

He probably needs to relay any offers to the family who need to respond to Mike before he can give an answer, and depending on how large of a share the bar is of the estate, the family may or may not be pressed to have the sale of the bar handled quickly.

Even though it is Casascius and I'm sure folks would get full proof and do an in-person trade, keep in mind that it's been a long time since his account was used regularly. Just a heads up.

He logs in often.  Even up to two days ago.  Plenty of time to respond to a thread from almost a month ago.  Meh.

Yeah, I am merely passing this along. I have not responded to anyone.

Is this bar still for sale ?

To the best of my knowledge, probably yes!

did this ever sell?

It was a week prior; however, I don't think there has been any responses to inquiries or offers.

My offer has still been valid for months now, i haven't got any response tho.