Bitcoin Forum

Hello small CAS community

Do you plan on holding on or selling your cas in 2018. I dont have many but I love whatever I have  8)

Or in other words, upto what price you are ready to HODL or else sell them ?

Best
Edi

HODL! HODL! Forever

Buy more... & HODL.

I will buy your cas coins at 10% over face value, please and thanks

GP have you ever sold a cas coin? I would love to see your collection sometime..  :o

HODL and regret selling what Cas coins I have sold.

HODL is the smart play. I sold off a chunk of them late 2016 and early 2017 since premiums were really good. Now that premiums are so low I have been buying them up faster than I sold them. I think Cas coins are slightly undervalued currently. Once the real coin collectors get into Bitcoin and research these coins I bet we see some crazy fiat sales.

Well, one can hope anyways.......

Me too  ;D

Depends on how good the offer is in the future.  I mean I don't think it will be worth a million,  but if it ever gets that high I'd be very tempted. 

Ditto ,
Sold goodbid and converted to fiat in late 2016
Regretting a lot !
HODL

Looking to get out to break even, then reinvest. No one is interested in an MS 68 though...  ???

Kinda sad about the loss in premiums but I'm holding for the foreseeable future.

However, my Satori coins will be given away during Xmas.

Have made a lot of considerations about this.
For now I am holding - one thing that makes me feel good is that they have all the piggyback coins loaded on forever.
Which means that you have a ticket in all these chains no matter what you do with your digital BTC.
Cas is also a great ofline storage.

From a financial point of view - then would I have better off selling everything in 2014-2015 when the premiums was sometimes x3-4 face in terms of BTC - I dont think we will ever see this level again.
Nevertheless in terms of USD then is HODL most likely the best choice at this point.

One thing is physical security - almost impossible to have a cas collection nowadays without a box in the bank, which is ironic - since the mistrust for banks was one of my personal drivers for getting into bitcoin ... with digital BTC it is so easy to secure your coins from theft disaster.

I got out of BTC ages ago in 2013, but still have a couple Casascius coins left. My plan is to dump the first one at $100,000, and the second one at $1,000,000, and then my Coinbase balance at $10,000,000. A man can dream, right? I never thought the price would go over $25, and yet here we are.  :o

One day these are going to go for auction at very reputable auction houses. I would never even consider selling all of mine until BTC is well into the $X00,000. Once the bitcoin price starts to level out, I would not be surprised to see the dollar premiums start to grow on these.

At what price did you buy your CAS (in $)

As an investor and strictly an investor; my advice would be to dump.  The coins are cool and will always command a premium but as you've seen; the premium is going down with the rise of bitcoin.  I'd buy the coins all day if the cost is reasonable but the cost when translated to FIAT IS absolutely not worth it at present levels.  If you're looking to make money and are not a collector; go with Bitcoin itself.  If you have money to spare and want to buy a physical coin; then by all means buy the CAS.
The core issue is liquidity;  it's going to take a lot longer to find a qualified, safe buyer of your coin than it is to just sell BTC on an exchange.  Just my .02 and that said, I really want to get a Titan because it just looks cool.

I’m still seeing decent premiums on here and eBay.  They do seem to fluctuate especially on eBay, and it’s certainly hurting more expensive coin premiums, but Like cryptocurrency itself  this hobby is in its infancy. New collectors finding out about this world daily,  especially with all the recent craziness.  I think can help combat this issue, to an extent at least.

I’m an financial guy/investor myself and I get so tired of hearing about a Bitcoin bubble..how is a brand new currency, that maybe 1 or 2% of the worlds current population are familiar, be in a bubble when there’s 98-99% of the worlds population left for new potential investors?  Kinda of like this “bubble talk” this particular hobby is new and has many potential collectors yet to discover it. . Big time auction houses should start to get more and more as cryptocurrency takes off which will assuredly attract wealthier investors / collectors. Little my 2 on seeing the other side. I certainly can see both however.

I'd still dump the coin although they are cool as hell.  (CAS and Titan)

If you're dumping, we're buying!  :D

 Just let me know..

I'm just talking about the premiums coming down on the initial investment.  Personally, I think the coins are awesome but if you need to move it quick; there could be issues.  I only have one coin;  a .5 brass I picked up on ebay in July.  That said, I'm looking for a Titan and if I can get a good deal on a few more CAS, I would buy as well.
I got a few Titan knock offs from China which surprisingly look very good and was thinking of making money clips for sale on here.   Any interest? 

I think with premiums going down, it's better to just redeem it if you have Cas. brass coins.

Still available if anyone is interested... https://bitcointalk.org/index.php?topic=2384670.0

its actually a mixed bag, as the btc premium goes down, but the fiat equivalent goes up, I am holding one large btc cas coin, and I will never get the btc back I paid for it, but its "worth" in the fiat world so much more.

I think this is the key, if you are into your btc, sell it and keep the virtual currency, if your into cash, sell it when its right for you.

With BTC going up, i'm getting more emails from Anduck's tracker that BTCC coins are getting redeemed.
Would anyone know if there is such a tracker (email notification) for Cas. coins?

This is the closest thing I've seen: https://casascius.uberbills.com/?page=charts&year=all

I'm not sure how up-to-date it's kept.

Trbttr...where can I get this BTCC  tracker?  Thanks

https://anduck.net/bitcoin/btcc_coins.html (https://anduck.net/bitcoin/btcc_coins.html)

there you can subscribe to e-mail updates about redeems

I got now 3 emails about a BTCC coin that has been redeemed in 5 days.

I respectfully disagree.  The premium is just about right on those.  Reading through active threads, one user says he will never pay more than $750 premium per coin and another user is trying to sell a Silver for over what the market will bear and is asking why the cost in BTC has depreciated from just a few months ago. (captnlolers)  I think the answer lies somewhere in between.  There are definitely tangible benefits to owning a physical coin but what will the market pay for it and if you decide to sell; what will your buyer be willing to pay?  Personally don't think you can go wrong with a brass.

Not sure what you are implying here. An UNGRADED GILT sold for 1.6 less than 48hrs ago. I have yet to receive even a matching offer on the same coin graded at an MS 68.

Apart from their beautiful artistic, historic, and collectible value, Casascius coins and all collectibles in this space act as a hedge against Bitcoin itself. I love Bitcoin, but if Bitcoin were to fail one day; these collectibles would all retain some (I believe a lot) value.

Hold the Casascius, it is beautiful art and it is history. :-)

Premiums are down. Forks are up. It is almost as profitable to peel and redeem all the forked coins, for now anyway. Especially when you consider counterparty risk.

I have no plans to do anything other than sit on mine. If I did need to realise their value I don't think I'd have the stomach for the open market though. They're now worth too much. I'd offer them to the usual suspects on here, but even then I'm not sure it's possible to insure something for these amounts in the post, but that's as far I'd go.

I still think because the cas market is still niche with the premiums so low it's definately HOLD.  When bitcoin hits mainstream and the collectables market catches up these will only go up in value but you guys can keep peeling that's fine with me  :D

Has anyone out there collated figures on how many have died since prices and forks started going through the roof? It must be quite a significant number of fresh deaths by this point in time.

Don't know but each peel is another reason to hold, would be interested in seeing how many of the 25s survived since those don't have a real high percentage resale.

Easy to find out how many are active:
https://casascius.uberbills.com/

25s are worth more now than ever!

I sold my funded cas coin a year ago when bitcoin was $1000 for 2.5 bitcoin.

Never sell, I want to off myself for having sold mine. Next time bitcoin takes a big dip I'm buying one again and I swear the thing is going in a safe deposit box on the other side of the planet.

So you sold a Casascius for 2.5 btc

Now you have 2.5 btc

You can buy a new Casascius for 1.x btc

...and you want to *off yourself*? Why?

I wouldn't have sold the coin if I didn't need to spend the bitcoin, thus I no longer have the bitcoin.

AH. Now I see.

Try not to think in terms of unrealized gains, just imagine if you hadn't had those bitcoins back when you needed them.

Very true indeed!