Bitcoin Forum

Hi everybody,

I am thinking of doing a limited edition of 16 "Scam Coins"

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


Inspired by anarcoins, microsoul lucky coin, and the collapse of FTX this coin would be like a lottery. 15 won't have any funds on them (FTX), and one lucky coin will have all the funds of the 16 coins (Sam). If each coin should be funded with 100,000 sats, the lucky one will get 1,600,000 sats and the others get rekt.

It's an idea, I am just looking if that could interest someone and if it is feasible. Don't hesitate to comment and show your interest or not. The serial of the coin could be 0-1-2-3-4-5-6-7-8-9-a-b-c-d-e-f so that the winner could be determined by the hash of a block. I would probably take one coin  ;D. Of course there is still a lot of question: material of the coin, design, price,... this is an open thread.

Thank you for your attention.

If interested, just let me know.

Cheers.

Frank


SCAM COINS

1 - Bullion-n-BTC
2 - krogoth
3 - QuakerBull
4 - comit
5 - geophphreigh
6 - MoparMiningLLC
7 - Est2013
8 - CoinHeated
9 - PeakDK
10 - 2stout
11 - MrCryptHodl
12 - DirtyBirdE
13 - Stackinsats777
14 - Cryptogreatdane
15 - JanEmil
16 - minerjones

17 - tweetious
18 - PreciousMetapsICT
19 - heisty
20 - hotdog7
21 - Steeley
22 - YodasRedRocket
23 - owlcatz
24 - Amax16
25 -  Frank AlpenCoin
26 - mortare
27 - sunnybwoy
28 - dozerz
29 - Markzellers
30 - pinky1234
31 - Agrawas
32 - BTCOVERFIATS
33 - Kryptowerk
34 - bigtimespaghetti
35 - Spokanistan51
36 - SatsLife
37 - ChitBitCTY
38 - Primo - bit

And some anon Swiss bitcoiners..

I’d take 1 please. Lowest # available or however the lottery ends up being done. Will buy same # as well if that is possible

Lowest here please...will buy 1

Love the idea ..will go well with my Gox coin

# lowest possible, will buy x1
Thanks
Great idea, would love to see the end product

We'll se if we can make it.
I love the "anarcoins".

Will buy one
e

f or last available

8

Depending on the final, I'd be interested in #7.

I’d be down for c

Stackinsats777

Ill take d please.

 How would design and produce 16 different coins? Or one coin that encompasses all these ideas?

Interested of course! No 76 so spot doesn't matter.

Sign me up for #3 please  :)

Sign me up for a  ;D thank you !

4 geo.

Love it.

I will happily accept B. Love the idea

9- 2stout

Awesome idea!

6 please  :)

5 - tweetious

D

Or any lol - looks like plenty of interest

I’ll take one, if any available no preference on number

I take "a" - Hotdog7

9 - Steeley

Thank you! I’m in

I’d be down for one.. whatever is available ✌🏼

Same here, thanks Frank! :D

Ah fck, missed it again. :P  

(Based on order of posts asking for spots - NOT specific numbers, since Frank already seemed to put down people for no/random spot).

I would take 1

Hey,

Thank you for your interest.

I counted 25 people interested.

We could do 25 coins: serials 01-25.

Once everyone received the coin, we could choose a block. If the serial number corresponds exactly to the last 2 digits of the block (or the following), the coin will be funded with all the funds. I or all the participants would send the funds to an escrow (MJ) waiting that everyone gets his coin. MJ will then load the coin.

Funding 0.001/coin
winner gets 0.025 BTC

I would do 1 design, a tribute to "anarcoins".

Hope we can make it.

Have a nice sunday.

edit. I think it would be funnier if we have to redeem the coin to know if we are rekt or not... Has anyone an idea how to do it? The value of the coin would be a pure speculation too.

If we know all the public keys but not the one we get.

We could even add trust thing where you have to fund a public key after you get the coin. Any key. No post with trxID. Only trust all do it. A real setup for scam coin ;D

If one is still available would like to have one to

I’ll take one, if any available

im in pls frank

Im in if available

That’s a cool idea

I think you'll find great participation.  If you have a price in mind for the coin, I bet you could get a concise list of people who would take one.   If still available, I would be interested based upon price.

That is how Microsoul did it with their "Lucky Coin" concept....
There were 10 coins per round.. 1 funded with 1 btc, the rest 0.01
There were 5 rounds of this...
The addresses/funding were shared with a trusted party at the time to verify there was a winner per round.

Hi,

We have 29 interested members. I will come back with a price / coin. If possible I would do it like anarcoins. Silver, 39 mm.

https://i.imgur.com/dRHfrHo.png


I will get in touch with mj to find a way to generate the key and assemble the coins so that we don't have any links to the addresses and the coins. Will be funny to see people redeeming their coins and others selling them in auction.

Thank you for your interest.

Frank

Maybe you could add "Don't get FTX'd again" on the back of this coin  :D

Make it an even 30!!! Thanks Frank, awesome idea!!!

Hey Frank, Great idea! If anyone backs out or you change the mintage number I am definitely interested. -tread

Hey all,

MJ, another member and I have found a way to generate the keys and assemble the coins so that we cant link the keys to the coins.

The third part will generate the keys, MJ will assemble the coins and distribute them so that I can participate.

We'll do 30 coins.

to be continued


will add something like that.

If any I'd like to have one..

Same. I would like one if possible as well. Cheers!

++ I'm in if there are any available.

Hi,

Thank you all for your interest.

The price of the coin should be around 70 usd + the funding. MoparMining will generate the key, and MJ will assemble them and distribute them. If there is enough demand we (mj, mopar and I) won't participate. We stick to 30 coins.

The funding will be 0.001 BTC so the winner gets 0.03 BTC. Let us know if you would more or less funding.

I could imagine that with a funding of 0.002 BTC the total price would be around 100 USD. And the winner could win 0.06 BTC (almost 10x, quite a good scam) . we can decide this later.


...work in progress...
https://i.imgur.com/jVifQgO.png

big up to anarcoins.

Have a nice day.

Thanks for the update Frank AlpenCoin. Looks like great progress.


I personally disagree with the above. I think that as the makers you should absolutely have one of these coins and should not be excluded. Clearly this is a one off and not a "business deal" so there is not really a financial gain for you three to produce these, therefore the reason to make them is to have one. I would be willing to give up my spot for you three to have one (though I would really like one ;)). Just my opinion though. Excited to see the final product.

Geo

I'm thinking funding with 0.002 BTC.  This way all rekt coins will be funded with 0.001 BTC (50% loss from 0.002 BTC initial "investment") with the winner getting 0.031 BTC, which is a 15.5x come up on "scam".  Thoughts?

This sounds like a good idea to me. Everybody can have “factory” funded pieces while the winner also comes out WAAAAY ahead…. Just like any scam should…

Sounds good to me too. Regardless of the final decision made (.001 or .002), I am totally in for the coin, and would like to retain my reservation spot. Keep up the good work!

Edit: on a second thought, a total rekt edition (winner takes it all) sounds fun too !  8)

Sounds epic! Definitely a SCAM!
cant wait to see the outcome :D

Frank, this is absolutely amazing!   I know you had me on the ? section of the front, now that the price and funding has been discussed, I am 100% for it.  Please count me in.  Oh, and I vote for the 50% loss version, that way there is inherently some value in the coin ongoing.

Thanks!
Mark

+1 for the 50% loss version and a larger payout for the winner.

Agreed - but consider me "in" either way

Flattered that you are improvising using my design. We really have come full circle with FTX.

Could you possibly score me one?  8)

Design is great... love the riff on the Mt.Gox coins from bigtimespaghetti :D

I'd be down also for one if you increase the numbers or have another round. I have some of the Microsoul Lucky coins with a similar concept, very cool idea.

So is the mintage # confirmed at 30? put me on the waiting list  :D

Hi,

I agree with geo we should all get a coin. MJ, MoparMining and I see this coin as a project for the community. To thank everyone to be so strong in the bear market!

I think we should do the "50% loss version and a larger payout for the winner" . But I must admit that I have a weakness for the "rekt edition" (Cf tweetious).


Of course you should get one coin! Your GOX is a classic.
Glad you have seen this thread.

Can’t wait to grab one. I’ve always loved coins / pieces that commemorate a major event in said category

Any idea on when these will be released? I absolutely need one to go along with my FTX Squirrelbits coin haha

Looks like I may have missed the wave on this one lol. If anything opens up, count me in for one!

Thanks,
Jambo

I Hope that MJ will get the coins in 2022.

add me to list

Is this still a thing or did the idea fizz out?

I thought it would be a fun collectible, so still hoping it’s in the works!

How about making one "Dont get Yogged"

  That would be a classic in this forum and surely I would be a buyer as well!!


  You can use this face here>>

coming soon....

production starting soon.

I am working on a very Rare FakeKey PepeYogg too.

Hi,

Finally the coins are in Switzerland.  They will soon leave for Florida.

This collaborative project (MoparMining LLC, minerjones, Alpen Coin) is not dead...  ;)

Super excited about this! That’s a hell of a team working on a coin! Can’t wait to snag one

This is exciting, is there any info / leaked footage of the design of this one available? I found this from OP: https://i.imgur.com/osUkkQS.jpg - is that the final design?
I guess material, size etc are still a secret? Looking forward to it. Funny enough, when I just re-checked the thread I was confused because it's created before the yogging - then realized there was our good SBF-boy wreaking havoc before him. :)

a little pic.
silver, black enamel, 40 mm, holo on the back.
keys generated by MoparMining LLC, holo applied by minerjones..... so that no one will know which coin will be the winner.

big up to bigtimespaghetti for the design and to microsoul for the concept (kind of lucky coin).

amount of BTC and scam will be decided by MoparMining and minerjones. One lucky owner will get rich (SBF), the others will get rekt (or almost rekt, will discuss the details with mj, mopar and the forum members) ...

awesome news! will confirm once received.

nice

  Love the coin and the design Frank.  Also looking forward to the shitkey one as well.

   How is gonna be sodl? How many minted? etc etc etc.

   Also can we see the hologram design as well? Cant wait to see the finished product!  Thanks and keep up the good work ye all!

Still in

Same here

Me too. Also, so glad you are doing this. Great coin.

Steeley

These look MINT! :o

As you already and always know, please save one for me.

Looks really cool. I sent bigtimespaghetti a photo of the coin. I know he was honored to have this coin made.

me too.

coin looks great & I am looking forward to

Would love to pick up one of these if possible

Still in as well ✌🏼

Count me in Frank

Of course still in, holding down the #10 spot.

I am in for #6 if its possible. Let me know about this, Frank.

As a yogg victim I would also like a version of the Coldscam! :D

Same!

still in, and excited

Hi Frank, Is the number still 30 for production? I think it would be a great idea if part of the funds recovered by cygan from the yogg victims would be used to make a similar “Don’t get Yogg’ed” coin. Same concept where one owner gets rich and the others get rekt…

I will let everyone know once I have them in hand.

Still in. Need one to match my FTX Squirrelbits coin

All I can say is wow....  I am terribly disappointed,but not surprised with what happened with SBF today.   However, I am still interested in this coin when it becomes available.

Thanks!

Hey thanks for your interest!
Mint: 40 coins.
They should be next week in Florida! @Mopar tomorrow you get the track Id.

I wanted to make a Fakekey RarePepeYogg coin and sketched out a few things. If anyone wanna design something…

But dropped the idea! This fiasco kept me away from the forum and physical Bitcoin.

I respectfully disagree, funds should go to the victims, doubt if there's qoing be anything left after distributions.

Yeah on second thought… probably not fun getting rekt twice…

Agree with 2stout

Damn I almost forgot about this thread... Please hodl one for me Mopar (if you can).

I have a lot of catching up to do obviously, but Frank, please don't stop making coins. Your coins are some of the most sought-after things, and I don't think you need to worry myself, but I can understand how you feel I guess... Anyhow, glad to see you are back on the forum. ;)


3rd'ed

Can I have coin number 39?

Same and still in

Still awaiting coins, once received I will generate key/address pairs then will hand off to minerjones for assembly.

I will discuss with minerjones later this week or next week on the best way to make this blind so neither he or I know which one gets funded.

we could generate addresses - give those to frank to randomly pick one for funding. but then make no visible addresses on the coins? instead randomly assign the pks to the coins. one would have to peel it to find out.

or maybe frank has a plan already - it is possible I have forgotten or missed it. :)

Thanks for the update Mopar. & I appreciate the large scale font! Phones suck! 😂

large scale font? I am using the default size (the same size I see 99% of everyone elses - including yours - posts are made in)

Hi Mopar,

I prefer if you have to peel it to findif it's loaded or not. Funnier and better for the speculation.  ;) how did gravitate with his lucky coins?

What do you and mj think? The forum can also give its opinion.

I let you decide how you want to do it.

Have a nice day.

I like the “peel to find if it’s loaded or not” idea…. There’s no reward without risk! I’d keep mine for a bit to see if others peel and somebody wins it and then maybe peel if nobody has. Or maybe you could even turn it into a game with clues or something as to which one is actually loaded

I also like the “peel to find if it’s loaded or not” idea too.

Suggestion:

1) Mopar creates the private/public key pairs. He prints the private keys & hands them off to MJ.
2) MJ randomly allocates the private keys to coins & applies hologram.
3) Afterwards, Mopar sends electronically the public keys to Frank
4) Frank randomly selects a public key and loads it.
5) Mopar confirms that the loaded public key  corresponds to a coin public/private key (ie double checks that it is an address from the provided list)

Optionally: The public keys list is publicly posted, so everyone who peels can confirm that the corresponding address of the private key, is included in the coins address list.

Good suggestion.

Mopar could post the addresses, and a block will decide which one will be loaded. (as for raffles)
We also have to define the loaded Amount and the % for the winner....  

I was thinking since there will be 40 coins that we proceed as follows:  The 39 rekt coins are loaded with 0.001BTC (0.039BTC total), the 40 who are in for the coins contribute 0.002BTC toward load (0.08BTC total), and the "winning/rug pull" coin is loaded with 0.041BTC.  This way a 50% haircut for the rekt and a slightly over 20x come up for the "winning/rug pull" coin.  Thoughts?

   I like the idea of this whole concept....only I would ask the coins contributed per person per coin would be lower....say 0.001btc?

    Other than that looking forward to owning one...and I would not peel...just leave as is in my collection.

    Goodluck to this project!

but I generate the keys/addresses - give only the keys to minerjones for assembly - he never sees address list - he assembles them before one is loaded so no way to know which one will be loaded - then randomly select one - like Frank suggests and that one gets loaded.

the only way to know who the winner is would  require peeling.

Then that would leave rekt coins with a 0.0005BTC load and the "winning/rug pull" coin with a 0.0205BTC load.  To me, the 0.002BTC contrubution offers the best balance of scam and not breaking the bank on a 40mm coin.

My 2 cents, "Peel, peel, peel." I agree with Frank. Much more mystery and game in this option.

I like 2stouts idea. Generally I would be in for anything ranging from 0.001 to 0.004 BTC per coin-buyer. -> I think we should either aim for a a clean sum for the "winner" coin or for a clean sum for the rekt coins each.
In your example the clean sum means 0.001 per rekt coin, which is probably the better way than vice versa -> for example 0.05 for the winner and remaining 0.03/40 = 0.00075 for the rect coins. With other total sums (more or less than 40*0.002 = 0.08) we can also find some "good looking" distributions.

The way Mopar describes it sounds reasonable regarding true unknown winner coin. Maybe some way to prove it would be nice (invite a thrid party to both MJ and Mopar). Not that I don't trust you guys, but it would exponentially increase trust as 4 people instead of 2 would need to be compromised.

personally I think only one coin should have a balance - the rest are well, "rugged" but I am just the key maker in this so the decision is not mine.



works for me.

Flip the script. The winner is the one with zero balance ;D

   I like this idea as well.....one coin has all and the rest rugged. Again I do not want to be paying a high loading fee and my suggestion for a "loading fee" of 0.001 BTC or less still applies. No idea what the coin price will be so do not want to be spending too much on this fee.

It appears there will need to be a vote on this as some prefer one coin with all the funds and others, such as myself, prefer rekt coins to be loaded, albeit at loss to the initial "investment" and the "winning/rug pull" coin to have a relatively substantial load compared to initial investment.


Also, regarding coin price, this is from Frank so it should give an idea:

Not sure why there would be a vote? Frank is doing this and should be the one to decide.

At least I do not recall where it was stated the possible buyers (because not everyome here will buy one - there simply are not enough) would decide how it would be done.

Imo it makes zero sense - based on the theme of this project - that all coins should be loaded - seems like exact opposite of the intent.

I believe Frank left this open, perhaps you should re-read his posts; I'll help you out here with the TLDR:

I did read his posts and he stated that the funding would go to one coin not with majority to one and some to all the others.

So I dont think that was "left open"

hence why I said there should be no voting. this is Frank's decision.

there was the first post where he stated all the funding would go to the one coin

then there was the post you quoted - where he said something about 50% loss and the rest to "winner" but he also in that same post stated he like the "Rekt" (which I take as referring to the original - all funding to the one coin)

either way It should be up to Frank not us.


also as an update - I have the coins in hand - I will generate the keys this weekend and will provide keys and coins to minerjones at our next meeting which should be within the next 7-10 days.

https://i.ibb.co/3NJ16Fb/image.png (https://ibb.co/BZ1LW6J)

And hence where the open comes from in the 1st post from Frank:

"Of course there is still a lot of question: material of the coin, design, price,... this is an open thread"

Agree, it's ultimately up to Frank but the spirit of his words seem to lean toward community involvement, which is why said it appears a vote will be needed.  Also, appears doesn't mandate anything but merely hints.

   I forgot all about this post that Frank made in November!  I like the original idea and that the total price is around $100!

    I hope he stickes to this plan as I do not want the cost of a coin to be too expensive either.

   Thanks for bringing it up from the past  ;)

    Thanks for sharing this pic Mopar!  These coins will look very nice next to my Big time Sphagetti Goxxed coin as they continue the tradition of these scammer coins!

   And I agree....Frank should be the one to make that final decision, and whatever it is I hope prices stay reasonable as I defintely want one for my collection!

I guess it's a matter of taste regarding funding of the rekt coins or not. My taste is very clear: Some dust is 100 times better than nothing. It kind of reflects scam reality, you usually are left with something (see FTX, yogg cards etc) but mostly nothing compared to what you should still have.
Also, generally speaking, I belive the value of coins with crypto (and may it only be a few bucks) is way higher than unloaded stuff. Just my view.
Yes, it's up to Frank, but it is also up to the community to speak their mind and give input/ideas on the subject. What Frank does with this input is obviously up to him.

I'd like to hear what others think about the general coin funding topic.

Nice teaser pic @ Mopar.

heres the thing - dust is useless as you would possible spend more than its value to transfer it - add in the fact that you have to transfer it once you peel the coin to see you only have "dust" The coins will have no identifying mark nor will you know the address of the coin - the only way to see if you "won" or "lost" will be to peel it.

getting anything would then not be totally "rekt" would it?

my two sats at least.

And at one time 0.01 and 0.001 were considered dust but not really nowadays.  I agree with KW's take on dust, scams, and loaded collectables.  Also, you can still get rekt and not be totally or wholly wiped out- e.g., significant loss numerically or percentage wise, just look at ftx and luna.

perhaps if you let the coin sit - but with no identifying marks on the coin ie no firstbits - there will be no way to see if you won vs lost. so you peel and you lost and its 1000 sats, you will then spend 2000 to 4000 to transfer it - or would you simply leave it on the peeled and exposed private key?

either way I guess it is still up to Frank. but I will not be participating in buying any of the coins if all the coins are loaded.

Based on what's already been discussed, the sat load wouldn't be anywhere near that low if this is direction chosen, so not really an applicable example.  Either way, whether loaded or not, if folks choose to drop out and not participate, someone is eagerly waiting on deck and will be happy.

and if it is higher then it also just goes further to undermine the entire point of this project.

the point - that I have always understood was for there to be a one "winner" and the rest get "rekt" if everyone gets a payment just so they dont "feel bad" about being "rekt" then the entire project has lost its luster and its point.


but you are right there will be many who will be wanting to jump in.

but to each their own. I liked how it was originally portrayed but now it seems it is all about making sure everyone still gets a piece of the pie - even if it's a smaller piece. what you call greed.

and if it done the other way - there will be those willing to fill in for those who dont want to be fully "rekt" as well.

either way - still I say its up to Frank.

Agree that it's definitely up to Frank, whether he makes a unilateral decision, wants a community vote, or some other method.

addresses and private keys have been generated.

Sending PM to Frank and Minerjones so that we can proceed.

Is there a price point for these figures yet? Even a rough one? Just want to be prepared for when they release as I work offshore constantly and can have it ready in on of my cold wallets.

not to answer for Frank but to state I did recently talk with him and he told me he would be back in touch with me this weekend about moving forward.

Maybe he can provide the price point at that time.

I can't wait to get this coin. Great job guys.

Is Mashinsky next?  ;D

potentially what funding could look like with 40 coins produced. Just a few examples of what Frank can choose.

Everyone spends 0.01 on funding ($300)

Total funding of 0.4 ($12,000)

one coin receives funding of 0.36 ($10,800)

All the rest of the coins receive 0.001 ($30)





Everyone spends 0.005 on funding ($150)

Total funding of 0.2 ($6000)

One coin receives funding of 0.1 ($3000)

All the rest of the coins receive 0.0025 ($75)




Everyone Spends 0.001 on funding ($30)

Total funding of  0.04 ($1200)

One coin receives  funding of 0.032 ($960)

All the rest of the coins receive 0.0002 ($6)

I like the idea of funding with .005 btc for each person. It allows the winner to get a decent chunk o’ change while not feeling completely smashed if you lose the draw. But also enough skin in the game at .005 btc to make it feel exciting. Obviously I have no say in the matter but that’s just my opinion

How about all private keys except one have "YOU GOT REKT" and the 1 coin with a valid private key gets the prize?

Then you just need to generate 1 key pair!!! :P lol

  I hope Frank does not require a high loading value....anything beyond 0.001 BTC loading and not knowing if it is on the coin is too high for me.

   I want one of these coins not cause I wanna gamble and see if I get the high value coin, but as a collectable that I will leave unpeeled next to my MT GOXXED coin. So please do keep that in perspective for collectors in my group.

I would agree w/ Krog!

So many suggestions and ideas, seems like a vote is needed, Frank's call though.

the way I see it - no one will ever know who got the funds and who all got rekt unless everyone peels - and I can see some people never peeling so there may never be a known "winner"

I don't there should be any type of vote - it should just be Frank deciding. my 2 sats. If there is going to be a vote, then there still doesnt need to be one because the winning vote will be to have all coins funded because the majority while wanting a coin reflecting being "rekt" will not accept the risk to be totally "rekt" They will want to have some of their funds back.

Hi everyone,

I am back from the mountains.

Glad Mopar gets the coins. I will read carefully all your posts.  I've just skimmed the thread.

The idea is that the coin is max 100 usd with funding.. It's a community project. Hope people can afford it, and are ready to lose a little bit...

I could imagine that the coin + the funding 0.001 btc will be max 100 usd + shipping cost.

We can reduce the funding to 0.0005 btc...

Let me read every post.

I think .001 btc is a nice round number for funding and a good amount

Yeah same here. It's a minimal amount in terms of USD at the moment. I definitely want one either way! :D

Thanks Frank, keep on making cool stuff, and I'll keep buying it! ;)

+1 for 0.001 loading.

thanks frank!

+2 for .001

+3 for 0.001 funding.  Assuming this would mean all coins would be funded with 0.0005 and the "winning" coin would be funded with an additional 0.02 for a total of 0.0205?

I like the .001 but with only one coin funded - its not getting rekt otherwise

Disagree as what you are referring to is totally rekt.  You can still get rekt if a significant portion of your investment is lost.  Even FTX isn't at zero and is still ranked 217 in terms of market cap.  I'm thinking a totally rekt edition would be more appropriate and applicable to a Yogg/Cold Cunt coin.

So... What are thinking then in terms of load value, sorry I'm just confused. Are you suggesting it should be higher? I guess then yeah, the winner would def make out like a bandit for sure, and that would be a substantial reckage if it was like .01, for me at least ;D  

I'm fine with 0.001 as per Frank- "I could imagine that the coin + the funding 0.001 btc will be max 100 usd + shipping cost."  I wouldn't mind higher but I'm onboard with Frank's recommendation as he is the coin maker.  But still, in my example using 0.001, 50% loss on investment for 39 folks and 1 lucky one with 20.5x come up.

Keeping half your funds as well as the 1oz silver isnt really rekt - it just sounds like people want the chance to win without taking the full risk.

Ah I understand you now, thanks and sorry lol... Yeah that makes sense. I'm getting those old microsoul vibes I guess now, where one coin had like 1btc on it or something silly like that... I know it was a big thing back in the day though. Not sure anyone even won looking back?

But yeah, makes sense. what do you think, 3 winners or something instead? :thinkface: Not sure myself anymore....


This could one way of looking at it I suppose as well... I mean, this is meant to be a gamble, amirite? ;)

   Yeah 0.001 Funding is the way to go and not totally rekt at all...so gotta agree with 2stout on that.

   Would like my coin to have bits on it so I can treat it as a loaded coin and thus it will remain so in my collectables

The whole point also is for everyone to peel to see who is the winner and who got rekt

I like both ideas. 0.001 funding seems collector friendly and still amounts to quite a bit for the rug-pull coin. Also I'd prefer to chop the funds, one winner coin and the rest with a minimal loading amount remaining, gotta agree there with Krogoth and 2stout.


Just because that's the "whole point" for you does not mean it's the whole point for everyone.
Never read "coins must be peeled to determine a winner".

What I do care about is a coin that plays with the scam terminilogy, ideally in different ways (references in design, as well as the loading aspect). However I don't care what everyone does with their coins. Imho you can hodl for 30 years and peel then or peel right away.
Actually I think it's even more fun if everyone decides by themselves. If for example 1/3 of collectors peel and don't find they are the winner, it also becomes more enticing for the remaining to peel. Could be some interesting dynamic.

very true - I have gone back and re-read what Frank has posted - he was originally going to use a block to decide which coin was funded (only a single coin getting funded)

he did say maybe about doing a small amount to each coin with "winner" getting the majority but then also said he liked the "rekt" version better.

and that is where I was getting that the whole point should be to peel them to see who was the winner.

Nothing in this whole endeavor should be because of something I "prefer" or "want" nor should it be about anyone else's "preferences" or "wants" except Frank's. and that is simply my opinion.

I have no hand in how this whole thing goes down except to generate the keys - which I have done. They are printed and in my safe. They will be provided to minerjones for assembly. Even if he was to record each and every key to later retrieve the addresses - he would not know which would be the winner if the coin(s) are not funded until all coins are sold. And if he decided to "steal" the funds, it could only point to him or I that would have had possession of the keys and pretty sure neither one of us would steal these funds.

So, to clarify - all of my posts are simply my opinion - if they come across as otherwise, please take note - it is only my opinion. I have zero control over how this is to be done.

edit: this very much also is reminiscence of the "lottery ticket" theme that scamkey was trying to do before he scammed and ran. No one would  know if they were a winner unless they destroyed the card - so the more that were destroyed without a winner would make the remaining ones more "valuable" and "enticing" to buy. So, I can see your point on that @kryptowerks

Just a little preview :D

(my finger is not touching the coin but resting on the rim of the capsule) :P

https://www.talkimg.com/images/2023/08/27/M7TpJ.jpeg

  That's a coin that belongs to my don't get GOXXED!!

   Love the holo and the way its set up around the person etc etc .

   Cant wait to also see a dont get Yogged version of this coin as well!

    Maybe its just the start of a series of scam coins....dont get Alitined!  Dont get Coinographed!  etc etc

This is a great idea. I’m going to work on a scam coin “ rug pull” style design and see what I can come up with when I get back home. Would be a cool “type set” of coins to collect

Thank you for your patience.

We had some issues with the postal service...  >:(  don't get POST'ed (almost rugged by the Swiss and US Post)
Luckily Mopar found a solution.

0.001 btc is a good amount. I will check with mopar and mj for the next steps....

@krogoth don't get YOGG'ed

I know I am bit late to the game, but wanted to share my comments.  I think krogothmanhattan summed up my thoughts.   I honestly won't peel my coin, as I want it as a collectible if it has any value at all.   To me it's not about finding out if you are rekt or got lucky (maybe that will change in 10 years... lol).  However, for now it's just another piece of the Bitcoin history as shared from this group, I love it!

Are you ready for us to pay? Do we know these details yet?

Steeley

there will be a new thread put up soon by minerjones.

Yes
Thread has been posted: https://bitcointalk.org/index.php?topic=5465224

Frank, please put me 1 coin aside if possible
Totally missed that thread

Thanks Humble

Will add you first on list after everyone else confirms

Has anyone peeled their coin yet? I'm tempted lol

Have not and will not. I wouldn't destroy a collectible. Plus as long as the bitcoin remains unclaimed, there will always be some "lotto ticket" value added. and say it is claimed, then the value will remain with it being a collectible limited mintage and original holo from a great physical crypto artist

Same... never peeling!

The winning coin right now holds something in the range of $2000-3000. Do they start getting peeled at double this? 4x, 10x? Will be interesting to see. I haven't peeled mine and do not intend to.

Very interesting thought. I think another 10x and we start to see some people peel

Best,
BTCOVERFIATS

The Bitcoin ticker on top, which number should be showing? Maybe the all time high, or the actual number as I finish the piece?



   When you finish the piece.



Maybe the most fun is which part of our forum the monitor would show?

 
  Collectable section where we are now


I was thinking of again using real gold to paint a couple of details, like the coin in Bitcollector's hand, what do you think?

 


  Yes gold leaf paint would be the way to go just as you did with my painting!

And if the shirt can become a statement as well, and ideas?

 

  Hmm….A bitcoin shirt would be good as well…the question is what type?

? wrong thread lol @krogoth

  Ha!   Thanks!

I meant to say here...I would not peel mine either

I peeled but havent swept my winnings.  :D

lol you are lying, you have not peeled lol

on that note the funded address is still funded

https://bitcoindata.science/bitcoin-balance-check

and click "get balance" to see all 40 addresses.

Lol. you got me

Not quite what I had in mind when building the site, but turns out Collectible (https://collectible.money/series/alpen-coin-ftx-scam-bankman-fried) is a great way to track this set - so far, the single funded coin has not been redeemed.

https://www.talkimg.com/images/2024/07/02/oQMB8.png (https://collectible.money/series/alpen-coin-ftx-scam-bankman-fried)

That's better then what we had before! Can't wait until we find out who this lucky person is, Good luck everyone!

mine is slabbed to avoid the urge to peel to check lol

we will never find out who the lucky person is. That way we are all the lucky person. Any coin sold in the secondary market would be increased in value based on the chance of having the winning coin. Id say coin premium would start at 1/40th the loaded value and go up from there.

Mines slabbed too

Based on the potential usefulness of this, I put together a live-embed system. The images in this post should update every few minutes to reflect the latest value and status of the series and the funded item!

why does it say "2023ALPENCOIN-0-04-SCAM-BANKMAN-FRIED-09" is that coin 9? if so, how would it know which coin is funded? the pk's were mixed up.

That is the internal unique ID used to track it within my system.

If a creator makes the Serial<>item<>address relation known publicly (such as for Icarus cards which have the serial stamped and address printed on them), the item code will follow that.

For this collection, as the relation is not known, the 40 coins are tracked in an incrementing ID from 1 to 40. The address which was ultimately funded just happened to receive ID 9 in the db.

This is why it says No Serial in the title part of the card, and the serial column on the item detail page (https://collectible.money/item/2023ALPENCOIN-0-04-SCAM-BANKMAN-FRIED-09) is blank

I'll likely hide the unique item code from the cards - this could potentially be confusing for people who don't differentiate between the title and the code and don't check the website.

---

EDIT: I've pushed an update to make the above changes, and also updated the main site to hide the DB reference - if someone really needs it they can get it from the URL.

This should cut down on the confusion, thanks for the feedback!

...

deleted - wrong thread.