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Title: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 20, 2024, 08:47:46 PM https://i.ibb.co/KsXYB6M/bitvip-hs.png I am excited to announce the creation of a New Physical Bitcoin Collectible! First, I want to acknowledge the understandable hesitance and skepticism many feel in this space, especially given the experiences of being let down by third parties with questionable motives. It's left quite a few of us with a bitter taste. I have several key points to share in this announcement. I want to clarify my stance for those who support me and for those who may choose to distance themselves—though division is not my intention. My aim is to communicate my intentions and respect for everyone involved. My personal views are meant to be respectful, acknowledging that they may be flawed. To start: I've been part of this community for over five years, interacting with many of you while largely remaining in the background. Recently, I've decided to step out and engage more openly due to a project I've long been inspired to pursue. To be clear: I have a deep love for this space and respect everyone’s choices. Many of you feel like family to me, even if we haven’t met or don’t always see eye to eye. I aim to heal past wounds by fostering unity in the community and revolutionizing the space. I am open to collaborating with those who are understanding, open-minded, and not seeking chaos for chaos's sake. I support many creators and respect their decisions as creators, understanding many of their perspectives. I also admire many creators and find inspiration in their work. I respect all creators who have not scammed or abandoned their projects, regardless of their past mistakes. I trust their intentions and back their products. If my support for these creators leads some to boycott my products, that’s their choice. I encourage everyone to make decisions based on their own reasons. As a creator, I commit to: - Producing quality items. - Being transparent about my processes. - Remaining active and responsive. - Choosing not to engage with negativity for the following reasons: 1. Mental Well-being: Ignoring negative comments helps preserve my mental health and peace of mind. 2. Focus on Positivity: By not responding, I can concentrate on uplifting experiences and relationships. 3. Setting Boundaries: Not engaging with negativity establishes boundaries and promotes healthier interactions. 4. Emotional Control: Choosing not to engage allows me to control my emotions and reactions, reducing conflict. 5. Personal Growth: Prioritizing constructive feedback over negativity fosters personal development and resilience. Thank you for your understanding. My services are up and running, production is underway, reservations have already been taken and more spots are available. The first product release is in 3 - 6 months. Many more updates are to come. If you think this is cool you can check the project out at Bitvipcoins.com (http://Bitvipcoins.com)! 🙂 I look forward to this journey together! https://i.ibb.co/KsXYB6M/bitvip-hs.png Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Vip_Bitcoins on August 20, 2024, 09:05:34 PM (Official) Bit VIP Account ;D
Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Eclipse33 on August 20, 2024, 09:06:42 PM Welcome Kazkaz, I wish you best with your venture.
Site looks good / usable. Any innovation in this space is a net-positive, and entrepreneurs joining and launching new ideas is needed. Even if there is drama and divide, things still need to get done and be built. Even if it can't make everyone happy. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: raritycheck on August 20, 2024, 09:31:12 PM Good work! Nice site :)
Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 20, 2024, 09:36:29 PM Thank you, Eclipse & Raritycheck
I appreciate the kind words and wisdom. I have many more updates coming. I’m excited to build and add something to the space. As Satoshi once said “In the end, the only thing that matters is the value you create for others." Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 20, 2024, 11:08:52 PM (Official) Bit VIP Account ;D just a note - you should never merit one of your accounts with another one of your accounts. This can easily be flagged as merit abuse. If I do not say it, someone else will. I also wish you luck. will you be selling them here thru the forums or only direct thru your site? coins look nice but are too pricey for my taste - $200 USD for a 10 gram coin is far from my interest. that said, I am sure you will have many that purchase them. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: PreciousMetapsICT on August 20, 2024, 11:32:56 PM (Official) Bit VIP Account ;D just a note - you should never merit one of your accounts with another one of your accounts. This can easily be flagged as merit abuse. If I do not say it, someone else will. I also wish you luck. will you be selling them here thru the forums or only direct thru your site? coins look nice but are too pricey for my taste - $200 USD for a 10 gram coin is far from my interest. that said, I am sure you will have many that purchase them. Thanks Mopar - I was hodling my tongue so as not to appear negative and be ignored. Secondly - how many alts does this guy have? Thirdly - is this separate from the virtual physical ponzi or aligned with it? On a positive note - website looks good. But established creators typically don’t sell them at $200 premium for a 10 gram size. Well at least everyone but Carribean Treasures Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 20, 2024, 11:35:00 PM Hey, Mopar,
Acknowledged, that was the first and last time I plan on Meriting an account of mine with another. It was only to verify its Legitimacy, not intended as an act of abuse. I will be offering them on the website and on the forum. I also have open lines of communication on all social media platforms. The coins also are loaded. But options will be available for non loaded coins in the near future. Price points will vary. I'll have options for everyone. I appreciate your comment and kind wishes. :) Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 20, 2024, 11:47:31 PM Hello, Precoius Metap.
To clarify, Kazkaz27 is my first and only account other than the newly created Official Bit VIP Coins Acc named Vip_Bitcoins No, the virtual physical bitcoins project is not attached, just inspired by :) Updates will be available on the website shortly. That's another aspect to the project that's intended to bring additional value. Customers can choose to opt out if they wish. I worked very hard on this project and idea. I appreciate the compliment on the website. My price point will vary for other items into the future. $200 might seem steep to some but I promise that the quality and value is there. I will break down the value proposition at a later time. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 21, 2024, 01:45:57 AM Hey, Mopar, Acknowledged, that was the first and last time I plan on Meriting an account of mine with another. It was only to verify its Legitimacy, not intended as an act of abuse. I will be offering them on the website and on the forum. I also have open lines of communication on all social media platforms. The coins also are loaded. But options will be available for non loaded coins in the near future. Price points will vary. I'll have options for everyone. I appreciate your comment and kind wishes. :) best way to do that is to leave a neutral feedback from your primary account claiming it as your alt account. this does not affect rating or merit then but also gives it the legitimacy you were looking for. the $200 price includes the load? so $60 for the load and $140 for the coin? if BTC goes up to 80k will the price of your coin rise to match? ie $80 for load and $140 for coin? Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 03:12:28 AM Hey, Mopar.
Duly noted. It won't be happening again. :D The price for items will always be subject to change, especially if things change significantly. But for now the price is $200 which includes load, value of the silver, and shipping costs (only in the US). The options to buy unloaded is not yet available but will be. Remind you everything costs. $200 for a quality coin loaded with .001 Bitcoin isn't that big of an ask imo. I dont think price is an issue for you. I'll say if anyone wants to sell me a quality 10g .999 silver coin loaded with .001 Bitcoin with a mintage of only 100 or less right now for under $200 ill buy it. These coins always have a high premium. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 21, 2024, 03:30:41 AM Hey, Mopar. Duly noted. It won't be happening again. :D The price for items will always be subject to change, especially if things change significantly. But for now the price is $200 which includes load. The options to buy unloaded is not yet available but will be. Remind you everything costs. $200 for a quality coin loaded with .001 Bitcoin isn't that big of an ask imo. I dont think price is an issue for you. I'll say if anyone wants to sell me a 10g .999 silver coin loaded with .001 Bitcoin right now for under $200 ill buy it. These coins always have a high premium. I know quality is important and quantity can matter but I also know that a quality 1 oz coin, with custom quality hologram as well can be done for less than $100 a coin so $200 for a 1/3 oz coin is a bit high but your price includes load so that does soften it a little. Have done a few :) as for the price - that is an issue for me, I wont be getting any of them at that cost. if a 10g coin is such a premium and carries a higher price than a 1 oz - why not just do a 1 oz ? save cost and price. Again - all this is my view and do not let it dissuade you at all - it is always good to have new makers. I would like to know more about your key generation process. Selling funded coins is going to be hard with most new makers totally screwing up key generation lately. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 03:41:41 AM Hey, Mopar,
I'm not going to keep going back and forth because I have much more work to due. I appreciate your interest and bringing attention to the subject. Much respect for you. Alot of things I can agree with you. My value proposition will be created and posted. It will break down why the price is what it is and why its actually reasonable. But its not for every ones budget. I'll have cheaper options soon. Also my key generation process will soon be stated on my securities page on my website, so stay tuned :) Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: henkcryptotank on August 21, 2024, 05:03:56 AM Great site!
Nice designs! Welcome! GrtzTank Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 21, 2024, 05:49:11 AM as for going back and forth, it should be done, at least until every issue is addressed.
hopefully no one makes a mistake of purchasing any loaded coins until you do post the key generation process. and then the process needs to be verified. too many new makers claim to have an ironclad and safe process - then boom, coins get swept and funds stolen. in the process of coin making steps 1 thru 10, you are skipping to step 10 without completing 1 thru 9 hopefully it all works out though. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: henkcryptotank on August 21, 2024, 05:59:01 AM as for going back and forth, it should be done, at least until every issue is addressed. hopefully no one makes a mistake of purchasing any loaded coins until you do post the key generation process. and then the process needs to be verified. too many new makers claim to have an ironclad and safe process - then boom, coins get swept and funds stolen. in the process of coin making steps 1 thru 10, you are skipping to step 10 without completing 1 thru 9 hopefully it all works out though. Wholeheartedly agree! GrtzTank Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 06:23:19 AM Mopar,
I agree that things should be thorough and addressed. I've addressed your concerns and stated im working on them and that you'll be updated so stay tuned. Im not breaking all this down to each individual who asks me but instead putting it in one place (my website) for all to refer to so I dont have to explain myself 5000 times. I promise You'll get your wish and your answers but not directly at this moment in a back-and-forth conversation. I really do appreciate your concerns and thank you. Rest assured I'm working very hard on making this something transparent and honest. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 21, 2024, 06:35:28 AM Mopar, I agree that things should be thorough and addressed. I've addressed your concerns and stated im working on them and that you'll be updated so stay tuned. Im not breaking all this down to each individual who asks me but instead putting it in one place (my website) for all to refer to so I dont have to explain myself 5000 times. I promise You'll get your wish and your answers but not directly at this moment in a back-and-forth conversation. I really do appreciate your concerns and thank you. Rest assured I'm working very hard on making this something transparent and honest. good to hear, I would also suggest suspending all sales of loaded coins until you do. It would be irresponsible to sell one coin even until you have addressed all points on your site and then point us to it once it is completed. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 06:47:21 AM Mopar,,
Nothing can be purchased through the website yet. If people wish to reserve a coin they would have to contact me directly. The coins are in production. Information is being released everyday on my channels. Ive stated that the first release will come out in 3 - 6 months. I appreciate all you suggested but I will take reservations if people wish to get first dibs. Nothing irresponsible has happened nor will It, my reputation means something and so does this community. Please no more inferring the worst. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: aoluain on August 21, 2024, 07:11:21 AM Nice site and very nice coins! Really like the designs, something different to what has
already been created and nice to see they are of limited quantities. Almost nobody on the Collectibles board here will be buying those coins though. Disregarding the price you have no history or trust built up here and as Mooar has stated production methods of creating the private keys needs to be out in the public domain because there has been too many scams and breaches already. There are tried and tested ways of ken gen and there are key gen tools which look good but are compromised. Definitely you will need to offer DIY options fir the coins and let buyers do their own key gen if the wish. Good luck, looking forward to see where your project goes. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 21, 2024, 11:34:19 AM Mopar,, Nothing can be purchased through the website yet. If people wish to reserve a coin they would have to contact me directly. The coins are in production. Information is being released everyday on my channels. Ive stated that the first release will come out in 3 - 6 months. I appreciate all you suggested but I will take reservations if people wish to get first dibs. Nothing irresponsible has happened nor will It, my reputation means something and so does this community. Please no more inferring the worst. currently you have no reputation within this community. Everyone should infer the worst until the process is explained and vetted. Hopefully, as time goes by though, you could earn a reputation but until you do, you have no risk, everyone here carries the risk. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Lesbian Cow on August 21, 2024, 12:01:13 PM Does the world need more loaded coins from an unknown/no trust maker?
Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 12:23:37 PM Mopar,
I am public about who I am. I'm not hiding myself and just because you dont trust me doesn't mean that others here don’t. Those that agree with you hold your trust over mine. That's understandable. Like I've stated I've been around for 5 years. Again, Just because my trust isn't with you doesn't mean that it is not with others. You are also wrong to believe that everyone here is carrying the risk and I'm not carrying risk. Try to be mindful, I've been around. I've experienced most of the same things you have in the space. I just have a different attitude & approach towards things. This is getting to the point where you're annoying. I hope this wasn't your intention. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 12:25:34 PM Lesbian Cow,
The world does need innovation and I intent to bring that to the space by adding my own twist to things and bringing new ideas. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 12:47:40 PM Nice site and very nice coins! Really like the designs, something different to what has already been created and nice to see they are of limited quantities. Almost nobody on the Collectibles board here will be buying those coins though. Disregarding the price you have no history or trust built up here and as Mooar has stated production methods of creating the private keys needs to be out in the public domain because there has been too many scams and breaches already. There are tried and tested ways of ken gen and there are key gen tools which look good but are compromised. Definitely you will need to offer DIY options fir the coins and let buyers do their own key gen if the wish. Good luck, looking forward to see where your project goes. Thanks, Aoluain I appreciate the compliments. I plan on gaining the trust of this community by being open, honest, transparent and of use. I have some peoples trust here just not every ones. Nor will I ever have every ones. Not even the most active people here do. I'm offering other options in the future but no plans for DIY options currently. My key generation method is going to be on my website shortly (next month or so). So you'll be able to verify its safety. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Lesbian Cow on August 21, 2024, 01:03:29 PM Lesbian Cow, The world does need innovation and I intent to bring that to the space by adding my own twist to things and bringing new ideas. When I think innovators I think people like Nikola Tesla, The Wright Brothers, Mike Caldwell in this space....not forum user number 137 to put a private key on a physical coin and cover it with a hologram. Why do your coins need private keys? Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 01:09:01 PM Lesbian Cow,
No offense but go moo elsewhere then. Before those innovators became innovators. They were also number 137. Try to have some perspectives other than your own and you'll maybe be able to answer your own question. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: PreciousMetapsICT on August 21, 2024, 01:46:42 PM Mopar,, Nothing can be purchased through the website yet. If people wish to reserve a coin they would have to contact me directly. The coins are in production. Information is being released everyday on my channels. Ive stated that the first release will come out in 3 - 6 months. I appreciate all you suggested but I will take reservations if people wish to get first dibs. Nothing irresponsible has happened nor will It, my reputation means something and so does this community. Please no more inferring the worst. Shit keeps getting better. No known key generation process No shown keys to verify paper and ink No coins in production but still posted with a price This is a $200 presale for 3-6 months in the future… Sorry asking questions is annoying lmao Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 02:51:34 PM Precious Metap,
This is the last comment ill ever have for you. Learn how to read. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: markinaz on August 21, 2024, 02:56:09 PM My 2 cents as a forum member:
Telling Mopar he is getting annoying - That does not sit well with me. Mopar is one of if not the most active members in this section. Although I don't agree with everything he has stated, I truly value his opinion and again, this does not sit well. Telling Lesbian cow to "go moo elsewhere"... Well, I am going to follow your first rule: 1. Mental Well-being: Ignoring negative comments helps preserve my mental health and peace of mind. These kind of comments don't sit well with me. I was very interested in your product as they combine silver and Bitcoin, 2 of my favorite items. You had some interesting designs, too many to begin with IMHO (I would have preferred you release one or 2 to get your name and product out there and create a demand to collect a full set. This is too many for me to want to buy the full set without knowing more of your repuation). However, I don't feel you are starting off on the best foot forward to join the community and I do NOT plan on buying any because of this. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 03:16:41 PM Markinaz,
I appreciate your two cents. Telling Lesbian Cow to “go moo elsewhere” was actually more just my sense of humor, but also to get my point across. As for Mopar, I respect everything he says as well but Ive been clear with him and can apparently only take him in small doses. I meant everything I said to Precious. He seemingly just wants to add chaos. Its hard to balance “Remaining active and responsive” and at the same time ignore peoples negative comments. Trust me when I say, I'll get better at it. I hope you can understand my perspective and recognize the effort I'm making to contribute positively to the community. Being criticized feels disheartening. If you choose not to support my items, that's your decision. However, publicly opposing my work feels like an act of sabotage. Dismissing those who are trying to create for the community isn't a constructive approach. I have never intended to harm anyone here, and I believe there’s no reason not to trust me. What’s happening with those who struggle to accept my efforts is a lack of understanding. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Frank AlpenCoin on August 21, 2024, 05:12:05 PM Welcome Kazkaz27,
My 2 satoshis: Don't take key generation lightly. Once you're confident in your process, document it and share it on the forum. Start by making a coin. Focus on the first coin : key generation, assembly, database management, and double-check everything to avoid mistakes. Take your time. If you really want to load it, load it with a very small amount of BTC and sell it for the lowest price possible. Don't think about quick profits, but about the reputation you're slowly building. You might lose money with your first coins, but you'll gain expertise, a community, and members who will help you. Accept feedback from every forum member. Some have been around for more than 10 years and have seen many scams and stories. I wish you success with Bit VIP Bitcoin. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: aoluain on August 21, 2024, 05:22:53 PM Nice site and very nice coins! Really like the designs, something different to what has already been created and nice to see they are of limited quantities. Almost nobody on the Collectibles board here will be buying those coins though. Disregarding the price you have no history or trust built up here and as Mooar has stated production methods of creating the private keys needs to be out in the public domain because there has been too many scams and breaches already. There are tried and tested ways of ken gen and there are key gen tools which look good but are compromised. Definitely you will need to offer DIY options fir the coins and let buyers do their own key gen if the wish. Good luck, looking forward to see where your project goes. Thanks, Aoluain I appreciate the compliments. I plan on gaining the trust of this community by being open, honest, transparent and of use. I have some peoples trust here just not every ones. Nor will I ever have every ones. Not even the most active people here do. I'm offering other options in the future but no plans for DIY options currently. My key generation method is going to be on my website shortly (next month or so). So you'll be able to verify its safety. You are welcome K, Look as it stands you have "0" trust, look at your profile, look at almost everyone else on this board, we have built trust over the years from buying and selling, some as low as 1 or 2 others with 50+. You also gotta realise if you were about 12 months earlier with your release none of the questions would be asked about key gen etc. In the last 12 months there has been a lot of shenanigans either intentional or not by coin makers leaving buyers burned so there is more caution now, hence the "negative" comments. Frank AlpenCoin has posted some great advice there. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 07:26:03 PM Hello, Frank.
I very much appreciate your two satoshis. I am taking the key generation process very seriously, which is why I haven't released my method yet. I still have some testing to complete before finalizing my approach. Additionally, I'm creating a dedicated page on my website for others to reference once it's finished. I'm also developing a budget-friendly coin, and many of the designs are already prepared and ready to go. I have one that's being produced as we speak. I hope people will be pleasantly surprised by my work when it's unveiled. I'm genuinely excited about this project and have a deep passion for this hobby and the community, even if we don't always see eye to eye. I will continue to enhance my interactions and contributions within this community because it truly matters to me. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 07:29:15 PM Hey, Aoluain
I appreciate your feedback and understand the concerns regarding trust, especially given the experiences many have had in the past year. Building trust takes time, and I recognize that my profile may not reflect that yet. I’m committed to transparency and ensuring that my methods are reliable and well-tested before sharing them. I also acknowledge that timing plays a crucial role in this space, and I wish I could have been more active earlier. I value the community's insights, including the advice from Frank AlpenCoin, and will take them to heart as I move forward. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: krogothmanhattan on August 21, 2024, 09:48:33 PM First of...welcome to the world of physical Bitcoins. I like your website and I see much potential. But please do heed the wisdom of the posts by collectors and coin makers who have been here for many a year. We have been in your shoes at one point or other....you need to build trust amongst most of us here as many, myself included have been burnt by unknown and known coin makers. I have made a special thread about this here https://bitcointalk.org/index.php?topic=3315347.0 Not only is the private key generation very important, but also the person making these keys. I for one might risk buying a coin with say $2 worth of Bitcoin on it cause I believe in the maker or like the coin design...but some will not. Build a solid reputation and there are plenty of people here who can guide you in the right direction on the best possible way to safely generate the keys. We have for instance this maker, who unknowingly used a corrupt key program. https://bitcointalk.org/index.php?topic=5505399.0 We have another very well known coin maker and also a person many met that succumbed to drug and gambling issues that many people got burned. He was on the forum for many years...and yet still we got screwed. https://bitcointalk.org/index.php?topic=5434506.0 Other than that...like your designs...wish you the best of luck. And like I said, most of us here want you to succeed as we are all collectors at heart so if you have any questions feel free to ask! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 10:16:53 PM Hello, krogothman
Thank you for the warm welcome and for sharing your insights! I truly appreciate the guidance and wisdom from experienced collectors and coin makers like yourself. Building trust within this community I know is essential, and I’m committed to doing so by prioritizing transparency and safety in all aspects of my work. I’ll definitely check out the thread you mentioned and take the advice on key generation to heart. It’s unfortunate to hear about the experiences others have had, I've been a victim of a few debacles. I’m eager to learn from other creators and avoid past pitfalls. If I have any questions, I’ll be sure to reach out. Thank you again for your support and encouragement—I’m honored to be a part of this community! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: owlcatz on August 21, 2024, 10:39:08 PM Hello, krogothman Thank you for the warm welcome and for sharing your insights! I truly appreciate the guidance and wisdom from experienced collectors and coin makers like yourself. Building trust within this community I know is essential, and I’m committed to doing so by prioritizing transparency and safety in all aspects of my work. I’ll definitely check out the thread you mentioned and take the advice on key generation to heart. It’s unfortunate to hear about the experiences others have had, I've been a victim of a few debacles. I’m eager to learn from other creators and avoid past pitfalls. If I have any questions, I’ll be sure to reach out. Thank you again for your support and encouragement—I’m honored to be a part of this community! Just one honest question - Are you really new here? ??? I ask.. Because nobody new here actually understands merits, but somehow you magically figured it all out so quickly. :| Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 21, 2024, 10:49:10 PM Hello, owlcatz
I'm not new to this forum. I bought my first physical Bitcoin in 2018. Joined the forum in 2019. You can see my oldest posts and when I created my account. I've been collecting ever since. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: rsincognito on August 22, 2024, 01:04:11 AM very interesting idea. I look forward to seeing this unfold bro =)
Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 22, 2024, 01:22:52 AM Hello, owlcatz I'm not new to this forum. I bought my first physical Bitcoin in 2018. Joined the forum in 2019. You can see my oldest posts and when I created my account. I've been collecting ever since. who have you purchased from? Your trust ratings are blanks and all your visible merit is for polls/raffles and your OP about opening your site. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Eclipse33 on August 22, 2024, 01:36:36 AM Kaz,
I understand you not wanting to entertain negativity and skepticism, but do your best to answer these peoples questions. This forum is very much-so reputation based, more-so than anything else. Without prior trade relationships and partnerships it is very hard to be accepted and trusted. Trust here can be enhanced and lost based upon your actions alone. Once skepticism and distrust enter, it is very challenging to regain what has been previously lost. Tread lightly with every relationship you enter here, move slowly and deliberately. Relationships here take years and not months. I think you have a great idea and have put together an actionable plan of commercial development for the community to consider and weigh in upon. I think overall it's a net positive to offer your talents and expertise to this community. Even if this is one of the most hostile and challenging spaces to succeed in. Most coin makers aside from less than a handful are still in business after a decade, denarium one of the largest and most professional firms exited and closed it's doors. BTCC transitioned to different products. Mike left the space ect. This space is ripe for development, but it has it's challenges. I would not let these things dissuade you from your quest and your ambitions. Thank you for reading, -Eclipse Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: thebtcdoctor on August 22, 2024, 02:28:04 AM I understand everyone's point of view. I may need to brush up on my history of physicals but looks like a fun project. Let's see where this goes.
Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 22, 2024, 04:04:18 PM Hey Mopar,
I genuinely appreciate your concern and fully understand your perspective. While my trust ratings may not reflect a significant number of purchases on the forum, I have been actively involved in selling, trading & purchasing items from various forum members, both on and off the forum. I have been a part of polls and raffles, which have helped me gradually build my reputation. Additionally, I've shared informative insights and posts that have earned me many of my merits, all aimed at assisting and informing others, as I believe this contributes positively to our discussions. Out of respect for those involved, I prefer not to mention any names. I assure you that I'm in the process of establishing my site and am dedicated to earning trust through transparency and positive interactions moving forward. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 22, 2024, 04:10:14 PM Hello, Eclipse
Thank you for your thoughtful response. I completely understand the importance of reputation in this forum, and I appreciate your advice on addressing questions and concerns from others. Building trust takes time and consistent effort, and I’m committed to moving forward carefully and thoughtfully in all my interactions. I value your insights. I too believe their is a lot of opportunities within this space. It’s reassuring to know that despite the difficulties, there’s potential for growth and development. I’m dedicated to contributing positively to the community and leveraging my skills to help others. Thank you for your encouragement and support; it means a lot as I navigate this journey. If you have any further suggestions or insights, I’d love to hear them! :) Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 22, 2024, 04:13:19 PM I understand everyone's point of view. I may need to brush up on my history of physicals but looks like a fun project. Let's see where this goes. Hey, Doc Happy to have you. Here is a old post I made that can give you quite alot of information regarding history and some estimations/ statistics. https://bitcointalk.org/index.php?topic=5490729.0 (https://bitcointalk.org/index.php?topic=5490729.0) Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: tweetious on August 22, 2024, 10:59:55 PM Welcome Kazkaz27,
First of all, I wish you all the best with your "Bit VIP Bitcoin" project. I have a few questions regarding the coins: 1) Will all the 11 designs be available in 3-6 months? If I -theoretically- go through and place a pre-order for 1 coin of each design, will I have them all in my hands in 6 months maximum? If not, I might need to wait for more than 6 months, even for -let's say- more than a year? Could you please elaborate, since there are no production estimations on the pre-order page of each coin (only this large banner indicating that "Our Product Release is in 3 - 6 Months!" without providing more details). 2) Could you please elaborate on the designs of the coins? Are those designs original work, created by you from scratch? 3) Do you have any real prototype coin(s) photos to share? Lastly, concerning your site ("contact us/hours" section), I would suggest adding a timezone indication -so that the "10:00 am - 05:00 pm" makes sense - i.e. in which part of the world or US does the 10-5 corresponds to) Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 23, 2024, 12:18:05 AM Hello, Tweetious
Thank you for your kind wishes regarding the "Bit VIP Bitcoin" project! I’m happy to address your questions: 1) Regarding the availability of all 11 designs, we aim to have them ready within the 3-6 month timeframe mentioned. However, production times can sometimes be affected by various factors. If you place a pre-order for one of each design, we will strive to deliver them all within the 6 months. If there are any unexpected delays, we will communicate those as soon as possible. 2) The designs of the coins are indeed original works created specifically for this project. Only 1 design out of the 11 is not entirely my own artwork. We wanted to ensure that each design reflects the unique aspects of the "Bit VIP Bitcoin" concept. I will be adding more information about the designs on the website shortly. We also have social medias on all platforms. You should be able to find them, they are all linked together. Much more information is located on our social medias regarding the coins and their designs. You can get better connected @VPBitcoins & @Vip_Bitcoins 3) Currently, we do not have prototype coin photos available to share, but we will be providing those as production progresses. Your interest in seeing prototypes is appreciated, and we’ll keep our community updated. Lastly, thank you for your suggestion regarding the timezone indication in the "contact us/hours" section. We will definitely consider adding that to make our operating hours clearer for everyone. Updates are being made daily and we are inching closer and closer to releasing our first product! :) If you have any more questions or need further clarification, feel free to ask! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: PreciousMetapsICT on August 23, 2024, 01:20:05 AM Best advice out there is to not do pre orders. Well for the buyers anyways. I have never had a pre order delivered on time and there are almost always are issues (even if out of control of the producer) and significant delays - even from known producers. Recent memory I can name 1hodlclub, rarity check, and even Lealana as culprits of delays that did eventually deliver. I’m sure there’s a list of undelivered pre sales as well - btc penny?!
There are a lot of moving parts to make a physical crypto coin. It’s not as easy as one may think. Holograms - you need a specific 10 gram size which is not typical. You can tell the quality of a maker based completely on their hologram as cheap China ones will be easier to remove, but much cheaper to buy. High quality holos will have multiple colors and much better security features. Very difficult to remove without leaving a trace. Also significantly more expensive. Keys - 10 gram coins will be some very small keys. I’d stick to a QR code and make sure you leave the entire back for the key Production - going to have to have someone produce these coins. Be it 10 gram blanks struck by hand or mass produced by someone else. Usually the cause of most delays, but still more moving parts Quality - you have some very detailed coins that could look great, like the bomb going off one. But how will that translate to a 10 gram coin. Good luck but generally AI generated images don’t translate into a coin very well. Presales do nothing for the community but enrich a makers pockets on the hope they can get all these other things to line up so they can release a single coin… and you wanna do how many designs? Like 10? I don’t expect a reply, but granted my opinion will still be stated. Presales are the first sign of a ponzi - prove me wrong Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 23, 2024, 02:59:21 AM agreed - no pre-orders. Add to the risk of buyers not getting what they paid for - there is the risk of loss to both the seller and the buyer, depending on the price of Bitcoin. Depending on that price swing, it has led to complete lines of items being cancelled and buyers not getting their funds back.
If you cannot afford to make the products on your own dime, then you should not make them. It should never be on the backs of the customers. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Eclipse33 on August 23, 2024, 03:44:07 AM Presales are the first sign of a ponzi - prove me wrong How does a coin-maker or a company produce a product from scratch if they have no capital reserves to begin with. For example, If I said tomorrow I am going to be minting Eclipse coin. This should be at minimum $10,000, dyes, metals and cheap holograms. If I am a proposed maker and I don't have the capital to begin-with. What do I do aside from pre-sale and raise funds from investors. Or go the traditional route which is securing a loan from a bank either a personal or a business loan. Thoughts? Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 23, 2024, 04:06:08 AM Presales are the first sign of a ponzi - prove me wrong How does a coin-maker or a company produce a product from scratch if they have no capital reserves to begin with. For example, If I said tomorrow I am going to be minting Eclipse coin. This should be at minimum $10,000, dyes, metals and cheap holograms. If I am a proposed maker and I don't have the capital to begin-with. What do I do aside from pre-sale and raise funds from investors. Or go the traditional route which is securing a loan from a bank either a personal or a business loan. Thoughts? if you cannot fund your business from your own reserves, get a loan, it should never ever be expected for customers to be the ones funding the project - reserving maybe - but then their funds should be held and not used. doing it where you have to use customer funds to produce your work, unless its pretty damn instant, someone is getting fucked. There is geyser - where they hold the funds until the project is funded. that might be a safer way. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: PreciousMetapsICT on August 23, 2024, 04:34:01 AM Presales are the first sign of a ponzi - prove me wrong How does a coin-maker or a company produce a product from scratch if they have no capital reserves to begin with. For example, If I said tomorrow I am going to be minting Eclipse coin. This should be at minimum $10,000, dyes, metals and cheap holograms. If I am a proposed maker and I don't have the capital to begin-with. What do I do aside from pre-sale and raise funds from investors. Or go the traditional route which is securing a loan from a bank either a personal or a business loan. Thoughts? You shouldn’t call it a presale, it should be a capital investment project. For example - I’m sure smoothie has the funds to make all of his coins beforehand and then sell them. Instead he does pre sales… which pretty much suck. But at least it’s a presale from a known verified creator. You know you are 99% likely going to get your coins. Now Stacks may get them quicker, but yours will show up in time. I don’t consider that a capital investment just cheap way to do business. Now if you don’t have the capital to fund it yourself - I’m literally an investor in your dream and it should be noted that way. Sad thing is nobody admits this. Those that can finance it do, those that can’t launch a presale even tho they are just using that money to build. Sometimes it works out and a lot of times the buyer ends up fucked. But it’s pretty much a near guarantee that the deadline won’t be hit. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 23, 2024, 04:52:38 AM 100% agree w/ PreciousMetapsICT - the risk needs to be on the seller/maker not on the customer. If it is on the customer then it is indeed an investment and a risky one. That is one reason to start small and cheaper - to build capital, not take $10 in silver add $60 in BTC and sell for $200 if you cannot fund that cost yourself.
people come into this space with quick get rich schemes all the time - most are broke and expect the community to shoulder their cost - and when they fuck it up, they beg forgiveness and blame it on being "new". with any business, dont start what you cannot pay for. That is the main reason I have not yet made the coin I want to make and instead are working for others - to build my capital. I dont like the idea of putting anyone here at risk. It simply is bad business to do so. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Eclipse33 on August 23, 2024, 05:05:31 AM Presales are the first sign of a ponzi - prove me wrong How does a coin-maker or a company produce a product from scratch if they have no capital reserves to begin with. For example, If I said tomorrow I am going to be minting Eclipse coin. This should be at minimum $10,000, dyes, metals and cheap holograms. If I am a proposed maker and I don't have the capital to begin-with. What do I do aside from pre-sale and raise funds from investors. Or go the traditional route which is securing a loan from a bank either a personal or a business loan. Thoughts? if you cannot fund your business from your own reserves, get a loan, it should never ever be expected for customers to be the ones funding the project - reserving maybe - but then their funds should be held and not used. doing it where you have to use customer funds to produce your work, unless its pretty damn instant, someone is getting fucked. There is geyser - where they hold the funds until the project is funded. that might be a safer way. What specifically do you consider to be a "Quick" time-frame. I know Kaz is proposing a 3-6 month loose timeline. I feel this is by no means "Quick", and to be out my money for this long poses a risk and a danger. Much can change within 3 to 6 months, things can go wrong, people can get sick, geopolitical events can unfold. If the timeline was 30 days I would be much more willing to entertain the idea. -------- Also if the funding amount was held in an escrow theoretically held by MJ this would put me at ease, but in that event the funds could not be used towards funding the project development. -------- Perhaps if the idea was fully transparent as opposed to being murky with factors hidden from the eyes of investors. We need perfected logistics, design blueprints and public transparent transactions so investors can see where there money is going. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Eclipse33 on August 23, 2024, 05:10:25 AM Presales are the first sign of a ponzi - prove me wrong How does a coin-maker or a company produce a product from scratch if they have no capital reserves to begin with. For example, If I said tomorrow I am going to be minting Eclipse coin. This should be at minimum $10,000, dyes, metals and cheap holograms. If I am a proposed maker and I don't have the capital to begin-with. What do I do aside from pre-sale and raise funds from investors. Or go the traditional route which is securing a loan from a bank either a personal or a business loan. Thoughts? You shouldn’t call it a presale, it should be a capital investment project. For example - I’m sure smoothie has the funds to make all of his coins beforehand and then sell them. Instead he does pre sales… which pretty much suck. But at least it’s a presale from a known verified creator. You know you are 99% likely going to get your coins. Now Stacks may get them quicker, but yours will show up in time. I don’t consider that a capital investment just cheap way to do business. Now if you don’t have the capital to fund it yourself - I’m literally an investor in your dream and it should be noted that way. Sad thing is nobody admits this. Those that can finance it do, those that can’t launch a presale even tho they are just using that money to build. Sometimes it works out and a lot of times the buyer ends up fucked. But it’s pretty much a near guarantee that the deadline won’t be hit. Smoothie is an excellent example of a maker who does a presale indeed. He creates a design, maybe obtains a sample and pitches the community on the idea at a price point that allows him to make a profit as well as cover his expenses. Liquid options on the other-hand is an excellent example of someone who builds first, asks for money second. LO pops up once a month, out of nowhere with a fully finished product. Ready to go, sometimes the same day the buyer pays. In terms of safety, LEALANA has a huge longstanding reputation that he is able to fall back on for his presales. He knows that this forum would kill and butcher him if does not deliver. LO is much more new, and maybe he can't swing a presale with his reputation. Even though his coins and delivery are top-notch. --------------------------------------------------------------------------- Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 23, 2024, 05:17:42 AM Presales are the first sign of a ponzi - prove me wrong How does a coin-maker or a company produce a product from scratch if they have no capital reserves to begin with. For example, If I said tomorrow I am going to be minting Eclipse coin. This should be at minimum $10,000, dyes, metals and cheap holograms. If I am a proposed maker and I don't have the capital to begin-with. What do I do aside from pre-sale and raise funds from investors. Or go the traditional route which is securing a loan from a bank either a personal or a business loan. Thoughts? if you cannot fund your business from your own reserves, get a loan, it should never ever be expected for customers to be the ones funding the project - reserving maybe - but then their funds should be held and not used. doing it where you have to use customer funds to produce your work, unless its pretty damn instant, someone is getting fucked. There is geyser - where they hold the funds until the project is funded. that might be a safer way. What specifically do you consider to be a "Quick" time-frame. I know Kaz is proposing a 3-6 month loose timeline. I feel this is by no means "Quick", and to be out my money for this long poses a risk and a danger. Much can change within 3 to 6 months, things can go wrong, people can get sick, geopolitical events can unfold. If the timeline was 30 days I would be much more willing to entertain the idea. -------- Also if the funding amount was held in an escrow theoretically held by MJ this would put me at ease, but in that event the funds could not be used towards funding the project development. for me "quick" is also not 3-6 months - not even 3 months is fast. just the fact that Bitcoin prices change so much (so even if price is in USD, most may pay with Bitcoin or sell Bitcoin to pay with USD) so the longer the time frame the more likely that the customer will get screwed as price goes up and they could have paid less. This is, of course, good for the seller. But if the price drops, what happens? Seller no longer has funds to release the product and it takes longer (we have seen this quite a few times). 30 days is also reasonable. Being a new maker I also feel his coins are way over priced - makes it seem like a cash grab. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Eclipse33 on August 23, 2024, 05:32:23 AM Presales are the first sign of a ponzi - prove me wrong How does a coin-maker or a company produce a product from scratch if they have no capital reserves to begin with. For example, If I said tomorrow I am going to be minting Eclipse coin. This should be at minimum $10,000, dyes, metals and cheap holograms. If I am a proposed maker and I don't have the capital to begin-with. What do I do aside from pre-sale and raise funds from investors. Or go the traditional route which is securing a loan from a bank either a personal or a business loan. Thoughts? if you cannot fund your business from your own reserves, get a loan, it should never ever be expected for customers to be the ones funding the project - reserving maybe - but then their funds should be held and not used. doing it where you have to use customer funds to produce your work, unless its pretty damn instant, someone is getting fucked. There is geyser - where they hold the funds until the project is funded. that might be a safer way. What specifically do you consider to be a "Quick" time-frame. I know Kaz is proposing a 3-6 month loose timeline. I feel this is by no means "Quick", and to be out my money for this long poses a risk and a danger. Much can change within 3 to 6 months, things can go wrong, people can get sick, geopolitical events can unfold. If the timeline was 30 days I would be much more willing to entertain the idea. -------- Also if the funding amount was held in an escrow theoretically held by MJ this would put me at ease, but in that event the funds could not be used towards funding the project development. for me "quick" is also not 3-6 months - not even 3 months is fast. just the fact that Bitcoin prices change so much (so even if price is in USD, most may pay with Bitcoin or sell Bitcoin to pay with USD) so the longer the time frame the more likely that the customer will get screwed as price goes up and they could have paid less. This is, of course, good for the seller. But if the price drops, what happens? Seller no longer has funds to release the product and it takes longer (we have seen this quite a few times). 30 days is also reasonable. Being a new maker I also feel his coins are way over priced - makes it seem like a cash grab. 30 days or less for me. Ideally a plan is laid out in-full and investor funds are publicly disclosed as to how they are being used / spent. Maybe pie charts and colorful graphs as to where every dollar of investor capital is being allocated. In terms of bitcoin volatility, this will always be a problem. Seller would either need to cash the bitcoin into dollars right away to reduce the volatility, or legit gamble on the price. Up or down. In terms of running a proper operation, none of this should be gambling or half baked. It needs to be planed out, margins calculated in advance, timelines, blueprints and technical details all done in advance. Where my projects have not panned out in the past, there was not enough hard math and data. There was too much guess work and intuition involved. Planning and deliberate movement are a requirement, not a symptom of an operation. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Eclipse33 on August 23, 2024, 05:44:06 AM Here are some questions that I came-up with.
Only because I am going through a similar process right now. 1. Legal Structure: Does Bit VIP Coins have an established legal structure, such as an LLC or corporation? 2. Company Registration: Is there a registered company that manages the finances of Bit VIP Coins? If so, what state is it registered in? 3. Business Address and Agent: Who is the registered agent for the company, and what is the official business address? 4. Claims and Legal Address: In the event of civil or criminal claims, is there an official address where legal paperwork can be sent? 5. EIN and IRS Registration: Does Bit VIP Coins have an Employer Identification Number (EIN) and is it registered with the IRS, or is financial activity being handled through personal accounts? Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 23, 2024, 05:53:58 AM Thank you for sharing these insights and concerns. I appreciate the feedback and want to clarify a few points regarding the project.
Firstly, I want to emphasize that I have never requested anyone to make pre-orders. I'm fully funding this project myself, covering all costs without relying on customer contributions. This means that the risk is on me, not on the buyers, which is a principle I firmly believe in. I understand the frustrations surrounding pre-orders and the potential for delays. The production of physical crypto coins indeed involves numerous complexities, including sourcing high-quality materials like holograms and ensuring the design translates well into a physical product. I am committed to maintaining transparency throughout the entire process, so everyone involved can see how the project is progressing. Regarding timelines, I acknowledge that a 3-6 month period may seem lengthy and comes with inherent risks. I am exploring ways to potentially shorten this timeframe and will keep communication open about any developments. Your suggestion of using escrow to hold funds until project milestones are met is a valid one, and I will consider this in planning. It's also important to highlight that while some makers can successfully launch pre-sales based on their established reputations, I aim to build trust through transparency and delivering a product that meets quality expectations. Your concerns about pricing and the need for detailed planning are taken seriously; my goal is to create a sustainable business model that mitigates risk for everyone involved. I appreciate the dialogue and your continued interest in this project. Your feedback is invaluable as I strive to create a positive experience for all potential buyers and supporters. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 23, 2024, 06:07:06 AM the biggest issue with pre-orders (maybe this answers your question) is that the volatility of Bitcoins price can mean that if you cash out the Bitcoin and price rises and for some reason a refund is necessary, you are then going to spend more USD than you got to get the Bitcoin needed to pay the customer back.
All payments from customers should remain in their respective currency until the order is completed. Again, this is to reduce any issues with price volatility. if you can refund in the same currency they paid and for the same amount, then the volatility matters nothing. I am glad to hear you are funding this direct. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: tweetious on August 23, 2024, 06:14:13 AM 2) The designs of the coins are indeed original works created specifically for this project. Only 1 design out of the 11 is not entirely my own artwork. We wanted to ensure that each design reflects the unique aspects of the "Bit VIP Bitcoin" concept. I will be adding more information about the designs on the website shortly. We also have social medias on all platforms. You should be able to find them, they are all linked together. Much more information is located on our social medias regarding the coins and their designs. You can get better connected @VPBitcoins & @Vip_Bitcoins Thank you for the explanation & the elaboration on the subject. Initially, I had the -faulty- impression that parts of those designs, were created by... AI :D Good to know that designs are original work & I am looking forward to read more about them when you "will be adding more information about the designs on the website shortly" Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 23, 2024, 12:55:37 PM Hello, tweetious
Thank you for your thoughtful comment! I appreciate your interest in the designs. To clarify, while AI tools were indeed utilized in the creative process, programs like Photoshop and others also played a significant role in crafting these designs. Each of the coins is an original work created specifically for this project, with the exception of one design out of the eleven, which is not entirely my own artwork. My goal was to ensure that each design captures the unique aspects of the "Bit VIP Bitcoin" concept. I look forward to sharing more information with you soon! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 23, 2024, 01:02:09 PM Hello, Mopar
Thank you for your insightful comment! You raise a valid point regarding the volatility of Bitcoin prices and the challenges that can arise with pre-orders. To clarify, the funds from pre-orders will be split: a portion will go directly towards the load amount, while the remaining funds will be held in a pool. This approach allows me to utilize those funds for the project as needed, while also ensuring that the issue you mentioned regarding potential refunds is mitigated. By managing the funds this way, I aim to reduce any risks associated with price fluctuations. I also want to emphasize that pre-orders are not a necessity; they are simply a way for those who wish to secure their place in the project to do so. I appreciate your understanding and support! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on August 23, 2024, 01:11:27 PM Hello, Mopar Thank you for your insightful comment! You raise a valid point regarding the volatility of Bitcoin prices and the challenges that can arise with pre-orders. To clarify, the funds from pre-orders will be split: a portion will go directly towards the load amount, while the remaining funds will be held in a pool. This approach allows me to utilize those funds for the project as needed, while also ensuring that the issue you mentioned regarding potential refunds is mitigated. By managing the funds this way, I aim to reduce any risks associated with price fluctuations. I also want to emphasize that pre-orders are not a necessity; they are simply a way for those who wish to secure their place in the project to do so. I appreciate your understanding and support! Now I am confused, you stated previously that the cost to make these coins are fully paid from your pocket, yet this comment states you would split the customer funds so that you could use a portion to pay for the project - that directly contradicts your prior statement. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 23, 2024, 01:15:51 PM Hello, Mopar
I appreciate your concern and understand how my previous statements may seem contradictory. To clarify, the initial costs to create the coins are indeed fully covered out of my own pocket. However, for the pre-orders, the funds collected will be split: part will go towards the load amount, and the remaining will be held for project-related expenses. This approach allows me to manage the project effectively while ensuring that customer funds are utilized responsibly. Thank you for your understanding, and I'm here to answer any further questions you may have! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: tread93 on August 25, 2024, 07:20:59 PM I am excited to announce the creation of a New Physical Bitcoin Collectible! First, I want to acknowledge the understandable hesitance and skepticism many feel in this space, especially given the experiences of being let down by third parties with questionable motives. It's left quite a few of us with a bitter taste. I have several key points to share in this announcement. I want to clarify my stance for those who support me and for those who may choose to distance themselves—though division is not my intention. My aim is to communicate my intentions and respect for everyone involved. My personal views are meant to be respectful, acknowledging that they may be flawed. To start: I've been part of this community for over five years, interacting with many of you while largely remaining in the background. Recently, I've decided to step out and engage more openly due to a project I've long been inspired to pursue. To be clear: I have a deep love for this space and respect everyone’s choices. Many of you feel like family to me, even if we haven’t met or don’t always see eye to eye. I aim to heal past wounds by fostering unity in the community and revolutionizing the space. I am open to collaborating with those who are understanding, open-minded, and not seeking chaos for chaos's sake. I support many creators and respect their decisions as creators, understanding many of their perspectives. I also admire many creators and find inspiration in their work. I respect all creators who have not scammed or abandoned their projects, regardless of their past mistakes. I trust their intentions and back their products. If my support for these creators leads some to boycott my products, that’s their choice. I encourage everyone to make decisions based on their own reasons. As a creator, I commit to: - Producing quality items. - Being transparent about my processes. - Remaining active and responsive. - Choosing not to engage with negativity for the following reasons: 1. Mental Well-being: Ignoring negative comments helps preserve my mental health and peace of mind. 2. Focus on Positivity: By not responding, I can concentrate on uplifting experiences and relationships. 3. Setting Boundaries: Not engaging with negativity establishes boundaries and promotes healthier interactions. 4. Emotional Control: Choosing not to engage allows me to control my emotions and reactions, reducing conflict. 5. Personal Growth: Prioritizing constructive feedback over negativity fosters personal development and resilience. Thank you for your understanding. My services are up and running, production is underway, reservations have already been taken and more spots are available. The first product release is in 3 - 6 months. Many more updates are to come. If you think this is cool you can check the project out at Bitvipcoins.com (http://Bitvipcoins.com)! 🙂 I look forward to this journey together! Looks like you have a nice little project going here, I wish you the best of luck in your endeavor to create beautiful cryptonumismatic pieces of fine silver and gold! Did I see that you will be releasing fractional pieces? Sounds cool, but the price tag that I saw in the comments from Mopar was a dead giveaway I think he said $200 for a 10 gram piece which is insane lol. Albeit, wish you the best of luck m8! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 26, 2024, 01:39:31 AM Hello, Tread.
Thank you for your kind words and support! We're excited about our project and the unique cryptonumismatic pieces we're creating. Yes, we are indeed planning to release fractional pieces, which we believe will offer more accessibility to collectors and enthusiasts. We understand that price is a common concern for many. Allow us to clarify the intricacies involved in our offerings. Design is not just a task; it's a meticulous art form. Crafting a design takes significant time and effort, and achieving perfection is a journey in itself. Each coin features not one, but two designs—front and back. For physical Bitcoins, there may even be a third design element, such as a hologram sticker. Sourcing high-quality materials and products is no small feat. The minting process for coins made from precious metals involves substantial costs. Additionally, laser engraving each coin is both labor-intensive and costly, reflecting the precision required. Holograms serve vital security functions and must meet the highest quality standards. This comes at a price, as these high-quality holograms often require a minimum purchase of 10,000 units. Creating keys securely and efficiently is a detailed process that demands time and meticulous attention to ensure every detail is executed flawlessly. Moreover, we must consider additional expenses such as processing fees, loading fees, maintenance fees, mockup fees, design fees for 3D lasering, packaging costs, premiums on materials, shipping, and handling. These elements add to the overall cost, as we strive to ensure that every product reaches you in perfect condition. We also must account for making a profit in order to maintain operations. All these processes rely on sophisticated programs, specialized equipment, logistics, time, financial investment, energy, and creativity. We believe that our commitment to quality and craftsmanship justifies the value of our offerings. Please keep in mind that this is just one aspect of our offerings at Bit VIP Coins. We are also in the process of developing an entirely new service that integrates our coins with Bitcoin Ordinal NFTs, significantly enhancing the value of our physical coins. Our commitment to innovation sets us apart; no one else provides the unique combination of services that we do. We are proud to lead the way in this space. In the near future we intend to have an array of different options and price points to meet everyone's budget. We encourage those seeking more affordable options to consider creating and selling these coins themselves. By taking this initiative, you can offer lower prices while gaining valuable experience in the process. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: vizique on August 26, 2024, 06:17:17 PM Your first rodeo huh?
Viz Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 26, 2024, 06:53:03 PM Hey, Viz
You caught me! Just trying to stay on the bull and not fall off. Got any tips for a newbie? Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: vizique on August 27, 2024, 11:51:15 PM Shop around, keep costs as low as possible... you're trying to make a name for yourself. Some things require you to take the hit .. all part of establishing your name/brand.
Don't expect to make exorbitant profits from your first few offerings. Establishing yourself usually comes at some personal cost. Be open to criticism. Yes, painful but this is how you learn. Ignore the trolls ofc. Engagement pays off, this is also part of the learning process. Cheers Viz Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on August 29, 2024, 04:06:19 PM Hi Viz,
Thank you for your insightful advice! I completely agree that building a name or brand takes time and often involves making sacrifices. It's crucial to keep costs manageable while focusing on quality. I appreciate the reminder that initial profits may be modest and that constructive criticism can be a valuable tool for growth. Engaging with the audience, while navigating the challenges, will surely help in refining my approach. Cheers! ;D Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Vip_Bitcoins on August 31, 2024, 04:52:37 AM Hello, Everyone.
Just a quick update. Our Securities Page has been updated. Anyone interested In our Key Generating Process can now check it out and verify its legitimacy. https://bitvipcoins.com/our-security (https://Bitvipcoins.com/our-security) More updates will come soon. ;D Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Vip_Bitcoins on August 31, 2024, 09:37:52 PM Hello, Eclipse.
Thank you for your inquiry regarding Bit VIP Coins. Here are the responses to your questions: 1. Legal Structure: Bit VIP Coins operates under an established legal structure. We can confirm that it is registered as an LLC. 2. Company Registration: Yes, there is a registered company managing the finances of Bit VIP Coins. It is registered in United States, Florida. 3. Business Address and Agent: The registered agent for our company is ZenBusiness, and the official physical business address is 2585 Van Buren Ave. Naples FL, 34112. Although, our current Mailing Address is 241 Brunswick St. Rochester NY, 14607. 4. Claims and Legal Address: In the event of any civil or criminal claims, legal paperwork can be sent to the official mailing address mentioned above. 5. EIN and IRS Registration: Bit VIP Coins has an Employer Identification Number (EIN) and is fully registered with the IRS. All financial activities are conducted through official business accounts, ensuring compliance with all regulations. If you have any further questions or need additional information, feel free to ask! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: TaxAttorneyCPA on August 31, 2024, 09:49:37 PM Remove your EIN from the post. That doesn’t need to be public.
Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Eclipse33 on September 01, 2024, 05:41:46 AM Hello, Eclipse. Thank you for your inquiry regarding Bit VIP Coins. Here are the responses to your questions: 1. Legal Structure: Bit VIP Coins operates under an established legal structure. We can confirm that it is registered as an LLC. 2. Company Registration: Yes, there is a registered company managing the finances of Bit VIP Coins. It is registered in United States, Florida. 3. Business Address and Agent: The registered agent for our company is ZenBusiness, and the official physical business address is 2585 Van Buren Ave. Naples FL, 34112. Although, our current Mailing Address is 241 Brunswick St. Rochester NY, 14607. 4. Claims and Legal Address: In the event of any civil or criminal claims, legal paperwork can be sent to the official mailing address mentioned above. 5. EIN and IRS Registration: Bit VIP Coins has an Employer Identification Number (EIN) and is fully registered with the IRS. All financial activities are conducted through official business accounts, ensuring compliance with all regulations. If you have any further questions or need additional information, feel free to ask! This is awsome information, your operation is on it's way to great things. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on September 02, 2024, 02:12:17 AM if you are operating under a US corporation - do you have a money transmitter license to sell loaded coins?
Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on September 02, 2024, 03:00:07 AM Hello Mopar,
Thank you for your inquiry! I’d like to clarify that BitVipCoins is not a money transmitter. Our primary focus is on selling collectibles and art. When customers engage with our offerings, any funding for addresses is done directly with their own funds and is not prefunded by us. Additionally, we ensure compliance with regulations by collaborating with third-party money transmitters or working directly with our customers when providing "loaded" coins. If you have any further questions or need more details, feel free to ask! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on September 02, 2024, 03:15:19 AM Hello Mopar, Thank you for your inquiry! I’d like to clarify that BitVipCoins is not a money transmitter. Our primary focus is on selling collectibles and art. When customers engage with our offerings, any funding for addresses is done directly with their own funds and is not prefunded by us. Additionally, we ensure compliance with regulations by collaborating with third-party money transmitters or working directly with our customers when providing "loaded" coins. If you have any further questions or need more details, feel free to ask! ok your statement seems to contradict - first you say funding happens directly by the purchaser - the second part states you work with 3rd party money transmitters to provide loaded coins. So, do you sell loaded coins or not? and if they are buyer funded - are they funding them before or after they receive them? and if before they receiving them, how are you shipping them? Typically virtual currency loads are not covered by insurance when shipped. This all seems like several more reasons why you should not be generating the keys and instead just do DIY coins. Or if you insist that people trust your key generation, then sell the coins simply as unfunded/buyer funded 100% and let them fund if they so choose. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on September 02, 2024, 03:32:57 AM Hello, Mopar
Thank you for your thoughtful follow-up! I truly appreciate your concerns, and I'm here to clarify any confusion. When we refer to "loaded" coins, we mean that customers fund their coins directly, granting them full control over their own funds through our service. In terms of timing, customers fund their addresses prior to receiving the coins. We ensure that all shipments are handled securely and transparently, and we take appropriate measures to address any insurance-related concerns. We will also be offering buyer-funded coins, which will give customers total control over their funding process. Allowing customers to choose to fund or not to fund what we like to call Bitcoin Piggy Banks. While we recognize the appeal of DIY coins, our focus is on providing a streamlined experience for our customers, which includes key generation. At this time, we have no plans to offer DIY options. Our goal is to strike a balance between convenience and security, all while maintaining compliance with regulatory standards. If you have any more questions or need further information, please don't hesitate to reach out! Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on September 02, 2024, 04:02:55 AM Hello, Mopar Thank you for your thoughtful follow-up! I truly appreciate your concerns, and I'm here to clarify any confusion. When we refer to "loaded" coins, we mean that customers fund their coins directly, granting them full control over their own funds through our service. In terms of timing, customers fund their addresses prior to receiving the coins. We ensure that all shipments are handled securely and transparently, and we take appropriate measures to address any insurance-related concerns. We will also be offering buyer-funded coins, which will give customers total control over their funding process. While we recognize the appeal of DIY coins, our focus is on providing a streamlined experience for our customers, which includes key generation. At this time, we have no plans to offer DIY options. Our goal is to strike a balance between convenience and security, all while maintaining compliance with regulatory standards. If you have any more questions or need further information, please don't hesitate to reach out! it makes zero sense to fund a coin by the buyer prior to shipment - no level or "reassurance" or "insurance" justifies the load prior to shipment by the buyer. And if they are paying you $200 for the coin then the load is on top of that? or the load comes from the 200 they pay you? are they doing split payments? one to your wallet and one to the coin? Sounds like a slippery slope to get around the money transmitter issue. Based on everything heard so far, I would seriously recommend against the purchasing of your coins between the $140 for a coin that is made from less than $10 in silver to the fact that you are not experienced in keymaking (shown by all the questions asking about how to make keys) and the point of wanting people to pay the load directly to the coin prior to shipping. If you were a known artist with history or a known and trusted keymaker - perhaps, but you are neither while expecting everyone to pay prices and give their trust as if you were. It should be earned not granted upon the first time you are selling something. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on September 02, 2024, 04:23:59 AM Hello, Mopar.
It’s essential to clarify that being a customer is not a prerequisite, and there is no evidence to suggest that I have sought information on ‘creating keys.’ While I have explored various methods for key generation to identify best practices, this should not be taken as an indication of a lack of knowledge in this area, as you imply. On the contrary, it reflects my diligence and commitment to upholding a high standard of security for the products I aim to offer, independent of your concerns. I have conducted thorough research and possess substantial experience in this field, contrary to your suggestions. My art speaks for itself. Regarding the ‘money transmitter issue’ you mentioned, that concern is specific to Bit VIP Coins Co. and does not extend to our customers. If our offerings do not align with your budget or expectations, you are welcome to opt out. I will once again make this offer “if anyone wants to sell me a quality 10g .999 silver coin loaded with .001 Bitcoin with a mintage of only 100 or less right now for under $200 ill buy it.” “These coins always have a high premium.” Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: MoparMiningLLC on September 02, 2024, 05:06:13 AM they may demand a high premium due to the limited volume indeed. but high premium coins should not be the first thing made by a new collector - again my opinion.
I opt out from purchasing your coins for 2 reasons - yes, the price is high considering it is your entry into collectibles and second because you pose too high of a risk in my opinion when you have zero history or zero reputation to demand such premiums and/or trust. And as for the key generation, maybe I was little off, you did not specifically ask how to make keys that I have found so you are correct there, but you have stated numerous times you were testing your own process and would take people's advice under consideration. And that it would be up on your site soon. To me, that seems like someone who is still trying to figure out if they can do it correctly or not. So, maybe your key process is trustworthy - maybe it is not. Also - let me clarify my intentions - by no means do I wish to discourage you as a maker nor to push you out of the community. I am just cautious due to the appearance that your intention is to come in, unknown and with zero reputation offer a quick dozen or so variations of coins for very high cost. To me it looks like a money grab. I hope you prove me wrong. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: seavodin on September 02, 2024, 07:17:35 AM I have conducted thorough research and possess substantial experience in this field, contrary to your suggestions. Well, you did say this (in a now edited post): https://talkimg.com/images/2024/09/02/9ca5H.jpeg (https://talkimg.com/image/9ca5H) And then completed your 'research' six hours later or so. https://talkimg.com/images/2024/09/02/9cd2g.jpeg (https://talkimg.com/image/9cd2g) People can make up their own minds on how much confidence this inspires. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on September 02, 2024, 11:28:15 AM Hello, Mopar.
I appreciate your perspective on the premium pricing of limited volume coins. It’s true that high-premium coins might not be the best starting point for a new Creator or collectors, and I respect your opinion. However, I want to emphasize that my long-term goal is to create a diverse range of coins and series that will not only showcase my artistry but also build a solid reputation in the collectible market over time. I am committed to establishing trust and credibility through consistent quality and innovative designs. I believe in quality and integrity so I’m building the best coins I can to start. As I push the boundaries and advance, my ultimate goal is to revolutionize this space and foster a stronger sense of unity within the community. I am fully committed to this endeavor and will continue to invest my heart and soul into this project, no matter the discouragement I may face. Not only for myself, but for this community. I understand your hesitation regarding my current pricing and the perception of risk due to my lack of a history. I see this as an opportunity to grow and prove myself as a maker. I am actively working on refining my processes, and I appreciate the feedback I receive along the way. My aim is to ensure that my offerings are trustworthy and align with the expectations of collectors. I genuinely welcome your caution and insight, as they help me reflect on how I present my work to the community. My intention is not to make a quick profit but to contribute meaningfully to the collectible space. I hope to demonstrate my commitment to quality and integrity as I expand my offerings, and I appreciate your willingness to engage in this dialogue. Thank you for your input, and I hope to prove you wrong in the best possible way. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Kazkaz27 on September 02, 2024, 11:40:03 AM Hello, Seavodin.
That comment directly relates to my earlier point about “exploring various methods for key generation to identify best practices. This should not be interpreted as a lack of knowledge in the area, as you suggest. On the contrary, it demonstrates my diligence and commitment to maintaining a high standard of security for the products I intend to offer,” backed by five years of experience in this space. To clarify, I have been creating my own keys using various key generators for several years without issue. Asking Zip for his opinion on which vanity key generator he considers the best was a respectful and appropriate question. However, after not receiving a response, I made the decision to proceed with a vanity generator based on my own research which is supported by this community. A vanity key generator I was previously considering and already working with, which has been tested thoroughly by me and rigorously by others. The details of my entire process can be found on my securities page. If anyone has an issue or wishes to make a comment about the process I would be happy to get feedback. https://bitvipcoins.com/our-security (https://bitvipcoins.com/our-security) Asking a respected member of our community for their recommendation on a vanity key generator in a discussion about key generation should not undermine my confidence or be mistaken for a lack of understanding. Title: Re: Welcome Bit VIP Coins! VIP Bitcoins & Crypto Collectables (Grand Opening!) Post by: Eclipse33 on September 11, 2024, 04:22:22 AM Bump, cool post banner!
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