Bitcoin Forum

Economy => Collectibles => Topic started by: Blazed on June 09, 2017, 12:01:20 AM



Title: [Auction] Redeemed bitbill 1BTC
Post by: Blazed on June 09, 2017, 12:01:20 AM
Up for auction is a very recently redeemed bitbill. I asked the person who redeemed if he got the CLAMS and he did not.

Starting Bid:.001BTC
Bidding Increments: .001BTC
Shipping: Paid By Winner
End Date: 6/12/2017 @ 9:00 PM EDT -> www.worldtimeserver.com/current_time_in_US-NY.aspx

https://i.imgur.com/SJICLfT.jpg

https://i.imgur.com/A5MjKXW.jpg


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: boldar on June 09, 2017, 12:08:22 AM
0.002 BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: krogothmanhattan on June 09, 2017, 12:17:37 AM
0.003BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: wheelz1200 on June 09, 2017, 12:20:05 AM
.005btc


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: boldar on June 09, 2017, 12:22:46 AM
0.01BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: wheelz1200 on June 09, 2017, 12:31:59 AM
.011BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: boldar on June 09, 2017, 12:49:30 AM
0.012BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: Lesbian Cow on June 09, 2017, 01:29:05 AM
.025


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: boldar on June 09, 2017, 01:43:07 AM
0.026BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: hybridsole on June 09, 2017, 01:47:06 AM
0.03 BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: boldar on June 09, 2017, 01:51:45 AM
0.031BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: hybridsole on June 09, 2017, 01:59:27 AM
0.05 BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: Lesbian Cow on June 09, 2017, 02:17:31 AM

.075


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: krogothmanhattan on June 09, 2017, 11:40:28 AM
0.076BTC


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: Blazed on June 12, 2017, 02:04:50 AM
0.076BTC

Top bid so far. When is the last time you have seen a redeemed bitbill?


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: krogothmanhattan on June 15, 2017, 10:28:10 AM
Blazed...why did the guy cut into the bill? What was the idea behind that?


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: Blazed on June 15, 2017, 01:31:09 PM
Blazed...why did the guy cut into the bill? What was the idea behind that?

The person who redeemed them did not think they were worth more than face value. I am glad I caught him soon enough to grab the other one so it never gets peeled. He was shocked when I offered him over face value...


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: wheelz1200 on June 15, 2017, 03:09:53 PM
Blazed...why did the guy cut into the bill? What was the idea behind that?

The person who redeemed them did not think they were worth more than face value. I am glad I caught him soon enough to grab the other one so it never gets peeled. He was shocked when I offered him over face value...

Amazing people still have these and havent checked the 2nd market value.  Glad you caught it too.  Did he sell you the other?


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: krogothmanhattan on June 15, 2017, 05:16:23 PM
Blazed...why did the guy cut into the bill? What was the idea behind that?

The person who redeemed them did not think they were worth more than face value. I am glad I caught him soon enough to grab the other one so it never gets peeled. He was shocked when I offered him over face value...

Blazed...but why did he cut the one I bought with scissors?


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: digicoinuser on June 15, 2017, 05:21:56 PM
Blazed...why did the guy cut into the bill? What was the idea behind that?

The person who redeemed them did not think they were worth more than face value. I am glad I caught him soon enough to grab the other one so it never gets peeled. He was shocked when I offered him over face value...

Blazed...but why did he cut the one I bought with scissors?

The bill was cut to be redeemed.  ;)


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: krogothmanhattan on June 15, 2017, 05:43:08 PM
 :-\ Really? I thought all you had to do was scratch the surface. If that is the case then all used ones are cut...correct?


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: digicoinuser on June 15, 2017, 07:15:39 PM
:-\ Really? I thought all you had to do was scratch the surface. If that is the case then all used ones are cut...correct?

I don't have any first hand experience redeeming these cards but I would think you can redeem it without cutting the card in half.  Everyone has their own way of redeeming and I recall scenarios where people were selling peeled/redeemed items and they didn't put the peeled hologram back on (extra value for resale).

An argument could probably be made about privacy for the user not putting the redeemed holo/key back on the item, but it definitely has more value if redeemed and is as intact as possible.


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: wheelz1200 on June 15, 2017, 07:20:54 PM
https://bitcointalk.org/index.php?topic=7724.0

Thats the original thread.  You can read halfway down (user llama) where they state the private key is inside the card.  Therefore i would think any redeemed card will be cut.


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: digicoinuser on June 15, 2017, 07:35:53 PM
https://bitcointalk.org/index.php?topic=7724.0

Thats the original thread.  You can read halfway down (user llama) where they state the private key is inside the card.  Therefore i would think any redeemed card will be cut.

Interesting, I wasn't aware the key was embedded between the layers and it looks like an exacto knife could be used to redeem without cutting the card nearly in half.  Thanks for the info wheelz!


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: krogothmanhattan on June 15, 2017, 07:51:49 PM
Yes thankyou and that makes sense why the cut. These are the first physical bitcoin ever produced correct? Before Casascius?


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: krogothmanhattan on June 15, 2017, 07:56:02 PM
This is what the maker says...

        ""Tampering is the problem of people extracting the private key without it being visible. We put the private key actually inside of the layers of plastic, so it's not just a simple matter of carefully peeling off a sticker or anything. The hologram is directly on top of the private key, also within the plastic. Even if it is somehow covertly extracted (once you see one of these, you'll see just how impossible that seems), the hologram destructs when removed.""


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: wheelz1200 on June 15, 2017, 08:07:37 PM
Yes thankyou and that makes sense why the cut. These are the first physical bitcoin ever produced correct? Before Casascius?

Loaded yes they are.  There might have been physical represenations of the bitcoin symbol. These were offered i would say 5 or so months before mike offered the casascius coins out.


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: krogothmanhattan on June 15, 2017, 08:37:30 PM
Cool..Nice addition to my collection.


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: krogothmanhattan on June 16, 2017, 10:32:07 AM
Hi Blazed...PMed you 8)


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: greenplastic on June 16, 2017, 03:41:44 PM
Blazed,

What is your best asking price on (L) 1BTC Bitbill?

Thanks.


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: Blazed on June 20, 2017, 07:18:12 PM
Blazed,

What is your best asking price on (L) 1BTC Bitbill?

Thanks.

Top offer I have received so far was 1.75 + 2 x silver panda coins.


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: Lesbian Cow on June 25, 2017, 02:59:15 PM
Blazed,

What is your best asking price on (L) 1BTC Bitbill?

Thanks.

Top offer I have received so far was 1.75 + 2 x silver panda coins.

That is a good deal! 


Title: Re: [Auction] Redeemed bitbill 1BTC
Post by: Blazed on June 26, 2017, 09:01:20 PM
Blazed,

What is your best asking price on (L) 1BTC Bitbill?

Thanks.

Top offer I have received so far was 1.75 + 2 x silver panda coins.

That is a good deal! 

Shorty after I got an offer of 1.95BTC. I am not really motivated to sell so this will likely sit in the vault unless someone gets crazy with the offers. I am not sure I could ever replace it...I got lucky to snag them just was right place at the right time sorta thing.