Title: A Sad Day for Physical Bitcoin Collectors Post by: JohnGalt on May 13, 2025, 10:58:47 PM Okay, so remember how I mentioned I had one of those Casascius Bitcoin bars? Yeah, it’s a 100 BTC one, and I got it back in 2012 for like $500.
When Bitcoin went over $10k a few years ago, I started getting real nervous. I mean, holding onto something worth over a million dollars? That’s a lot of pressure. I didn’t want to redeem it, though. To me, a physical Bitcoin that hasn’t been redeemed feels like it’s worth more than just the money. I did try to sell it a few times, but it’s hard selling something that valuable, and you really can’t trust just anyone. I even looked into auctions, but I’d be getting less than what the Bitcoin itself was worth. Now that it’s worth over $10 million, I knew I couldn’t keep just sitting on it. So, yeah… even though I was kinda unsure, I finally redeemed it today. I didn’t sell the coins or anything—I just moved them to my hardware wallet to keep them safe. Before: https://talkimg.com/images/2025/05/13/UU5J09.md.jpeg (https://talkimg.com/image/UU5J09) After: https://talkimg.com/images/2025/05/13/UU5yhw.md.jpeg (https://talkimg.com/image/UU5yhw) Transaction: https://mempool.space/tx/118d50e57eedbdc37e55edd176b49fb561d2df45d16ac7aabb1365b66d100d43 Sorry... Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: minerjones on May 13, 2025, 11:03:58 PM Don't be sorry sir.. the logistics of trying to sell an item like this far outweigh you redeeming this bar
Bravo for holding onto it for this long. If you are looking to sell this, let me know.. happy to help out! :D Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: PX-Z on May 13, 2025, 11:10:19 PM Man, you've basically been sitting on a golden Wonka ticket for over a decade! I'd have lost sleep the moment it hit 5 digits, let alone 10 million. Applause to you for not panic-selling or burying it in a backyard.
Redeeming it must've felt like opening a treasure chest. So, what now? Private island? Lambo? With a custom "CASASCIUS" plate on it? Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Kazkaz27 on May 13, 2025, 11:22:11 PM :o Amazing if you ask me. Must have been nerve racking pealing it open. Life changing moment
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: PX-Z on May 13, 2025, 11:52:57 PM Btw knowing you posted publicly your key i hope you have redeem those bitcoin forks first especially on BCH fork, its more than $40k worth if you mention it.
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: mx12.levins on May 14, 2025, 12:14:26 AM Enjoy it, that’s something! Congrats on your nerves, and what can I say… legend!
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: JohnGalt on May 14, 2025, 12:17:27 AM Btw knowing you posted publicly your key i hope you have redeem those bitcoin forks first especially on BCH fork, its more than $40k worth if you mention it. Ugh, I totally forgot about the forks, and someone else got to it 9 minutes before me... Now they’re like $40k richer. I just hope they’re not shady or anything and actually a decent person. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: MrMojoRising26 on May 14, 2025, 12:22:47 AM Props to you for holding so long! One of us will buy whats left if you sell it 8)
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: inelasticsupply on May 14, 2025, 01:04:40 AM You're a total badass for hodling! I have a feeling many of us will be faced with these tough choices at some point, sooner than most think.
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: elmejorrematador on May 14, 2025, 01:08:12 AM Hats off to you and nothing to apologize for.
I am in the same boat. I promised myself I would never sell or peel my coins, but now its just not worth the risk. I was thinking after seeing those palisades fires. I know some of those people had stuff in fireproof safes, but was wondering if prolonged time at those temps could ruin the holograms or possibly cause the adhesive or something to mess up the printed private keys underneath" That would be an even sadder day to go and redeem and then find the keys underneath are not legible. Same for like a flood situation, are the holo's and keys waterproof? Does anyone have a video of the whole process? Peeling and then inputting and sweeping the funds to another wallet? Did you do it all in one fell swoop? or did you do a test first? This would be a great tool to help to the community I think. The thought of doing it scares me a bit tbh. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: PX-Z on May 14, 2025, 01:23:15 AM Btw knowing you posted publicly your key i hope you have redeem those bitcoin forks first especially on BCH fork, its more than $40k worth if you mention it. Ugh, I totally forgot about the forks, and someone else got to it 9 minutes before me... Now they’re like $40k richer. I just hope they’re not shady or anything and actually a decent person. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: MoparMiningLLC on May 14, 2025, 02:02:32 AM Btw knowing you posted publicly your key i hope you have redeem those bitcoin forks first especially on BCH fork, its more than $40k worth if you mention it. Ugh, I totally forgot about the forks, and someone else got to it 9 minutes before me... Now they’re like $40k richer. I just hope they’re not shady or anything and actually a decent person. and considering they had to see it here. that means someone here was willing to run the keys and take the coin without even a peep. which negates the possibility of them being a decent person. and if they sent to an exchange, it might not even be that hard to find out who. congrats on the life changing moment John! and for hodling that long! Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: JohnGalt on May 14, 2025, 03:09:34 AM If you are looking to sell this, let me know.. happy to help out! :D Lot's of people are asking. I'm not selling. :o Amazing if you ask me. Must have been nerve racking pealing it open. Life changing moment It is a lot of money, so yeah, I was kinda nervous something might go wrong. Does anyone have a video of the whole process? Peeling and then inputting and sweeping the funds to another wallet? Did you do it all in one fell swoop? or did you do a test first? Alright, so here’s the quick version. It wasn’t as easy as I thought, but since I kinda know my way around this stuff, I managed. First, I tried using a razor to peel the sticker, but that was a mistake. Ended up just using my nail and it came off no problem. I thought Electrum could take mini private keys, so I made a new wallet on my phone with the key, but nope—it didn’t work. Then I found out bitaddress.org can turn a mini key into WIF, so I downloaded it off GitHub and opened the file on my laptop. Scanned the QR code of the uncompressed key and boom, new wallet. I wanted to split the BTC across a few addresses, but Electrum on Android doesn’t do that, so I redid everything on my laptop. Opened Trezor Suite, made a new account, got a bunch of addresses, copy-pasted those into Electrum, and sent the BTC. Waited for it to confirm before saying anything. Later, I remembered BCH was a thing (oops). I don’t really use it, so I had to look stuff up, found a wallet, imported the key... and yeah, someone had already used mini key in the image I posted and took the BCH. lmao I didn’t test anything beforehand, and I wasn’t really thinking too hard about security, tbh. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: goldlyre on May 14, 2025, 04:28:37 AM I would put up a bid or two if that redeemed bar is auctioned someday.
I have a couple of 1 btc coppers from Mr. Casascius in 2012 also. They remain unredeemed now. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: OgNasty on May 14, 2025, 04:57:43 AM Congratulations on successfully claiming your Bitcoin. That’s pretty amazing to have held so long. Are you waiting for a certain BTC price to cash them in, a certain time frame, or have you already sold? Good luck with whatever you choose to do and bummer about the forks. That makes the story even more entertaining though.
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: MoparMiningLLC on May 14, 2025, 05:38:01 AM Congratulations on successfully claiming your Bitcoin. That’s pretty amazing to have held so long. Are you waiting for a certain BTC price to cash them in, a certain time frame, or have you already sold? Good luck with whatever you choose to do and bummer about the forks. That makes the story even more entertaining though. entertaining? theft is entertaining to you? figures since you are a thief.... Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Frank AlpenCoin on May 14, 2025, 07:08:30 AM Legendary. I absolutely love these OG Bitcoiner stories. Holding a 100 BTC Casascius bar since 2012 is insane. Much respect!
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: MoparMiningLLC on May 14, 2025, 07:20:53 AM not just the BCH (that is the most valuable though)
there is BCL, BSV, BTG, BTX, BCD, LBTC, BIFI, BPA, BCA, BTCP, BCL and MBC - maybe more. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: spectre1989 on May 14, 2025, 08:33:50 AM Bro don't be sorry, I don't think I'd ever sell a physical that big unless it was to someone I know and trust, otherwise you're just handing over $10m to a stranger and hoping you don't get robbed!
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: mortare on May 14, 2025, 08:49:44 AM Respect for holding so long, epic peel this one. Enjoy life!
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: krogothmanhattan on May 14, 2025, 09:02:31 AM Aye....Diamond hands for so many years...but never ever expose the priv keys.
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: ovcijisir on May 14, 2025, 09:19:08 AM Congratulations on the holding it for so many years. To be honest if I had item like this I would redeem it much earlier. I'd probably get paranoid about private keys leak or other security issue.
Hope you will enjoy your wealth. I don't know if there is option somewhere to flag those BCH funds as stolen? Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: bitcoiner24h on May 14, 2025, 03:21:23 PM Thank you so much for your generosity in sharing this with us. Those of us who love physical objects truly appreciate it. It's absolutely incredible and gives me goosebumps. I wish I had discovered Bitcoin back then! I wasn’t that lucky… Congratulations, and enjoy it to the fullest!
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: cygan on May 14, 2025, 03:45:48 PM @JohnGalt a sad day for physical Bitcoin collectors but for you a day that you will never forget and that will now open up everything in the world to you!
even the peeled Casascius bar is still worth a few thousand ... but that's just peanuts for you from now on - congratz!!! 8) Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: henkcryptotank on May 14, 2025, 03:48:05 PM Congrats. Hope you will do something good and lasting with it :)
GrtzTnk Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: sunnybwoy on May 14, 2025, 04:32:31 PM Beautiful hopefully this brings you the joy that kept you holding on forever!
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: casperas20 on May 15, 2025, 03:52:44 PM so literally someone has stolen from you 39k dollars of BCH, wont u do anything about that?
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Steeley on May 15, 2025, 06:34:15 PM This is an amazing story. Your reticence to peel this at $10,000, out of respect for the collectible and due to the difficulty of selling an item this valuable, saved you $9 Million dollars. A $500 purchase grows to over $10 million dollars in an unheard of short amount of time (20,000%+ in 13 years?!). Oh, and then while trying to share this moment with people, some little thieving bastard swiped all the forks. That's a bitcoin story in a nutshell. Congratulations to you and thank you for posting this.
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: dkbit98 on May 15, 2025, 08:59:48 PM Epic post and important lesson learned for everyone including OP ;)
From $500 to over $10 million in just 13 years, and he even left a free tip to someone in forked coins. Later, I remembered BCH was a thing (oops). I don’t really use it, so I had to look stuff up, found a wallet, imported the key... and yeah, someone had already used mini key in the image I posted and took the BCH. lmao Maybe you changed someones life, but it would be nice for that person to at least say thank you, if they don't want to return coins.Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: aoluain on May 15, 2025, 09:48:17 PM Congrats Mr.Galt, thats an example of pure Diamond hands and patience, super
discipline not to redeem at $10k! Enjoy! Epic post and important lesson learned for everyone including OP ;) From $500 to over $10 million in just 13 years, and he even left a free tip to someone in forked coins. Later, I remembered BCH was a thing (oops). I don’t really use it, so I had to look stuff up, found a wallet, imported the key... and yeah, someone had already used mini key in the image I posted and took the BCH. lmao Maybe you changed someones life, but it would be nice for that person to at least say thank you, if they don't want to return coins.I agree, I hope John got all the other forked coins? Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: goldlyre on May 16, 2025, 06:26:10 AM Congrats Mr.Galt, thats an example of pure Diamond hands and patience, super discipline not to redeem at $10k! Enjoy! Epic post and important lesson learned for everyone including OP ;) From $500 to over $10 million in just 13 years, and he even left a free tip to someone in forked coins. Later, I remembered BCH was a thing (oops). I don’t really use it, so I had to look stuff up, found a wallet, imported the key... and yeah, someone had already used mini key in the image I posted and took the BCH. lmao Maybe you changed someones life, but it would be nice for that person to at least say thank you, if they don't want to return coins.I agree, I hope John got all the other forked coins? No, he didn't. I took 2 remainder kinds an hour ago. ;D The Ballet cards can import them automatically. And needless to say, I'll returm them to their owner if he contact me soon. And needless to say, I'll returm them to their owner if he contact me soon. They include 1k bcd and 100m xec, worth about 2500 $ Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: CARIBBEAN_TREASURES on May 16, 2025, 07:04:52 AM Great story and congratulations on holding all these years! Should type up your story and get it professionally framed with it. ;)
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: henkcryptotank on May 16, 2025, 07:31:46 AM And needless to say, I'll returm them to their owner if he contact me soon. They include 1k bcd and 100m xec, worth about 2500 $ Www.trees.org ;) Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: LoyceV on May 16, 2025, 08:02:28 AM They include 1k bcd and 100m xec, worth about 2500 $ It gets weirder: those coins were taken, but returned (https://blockchair.com/ecash/address/qzkkgkjzwdl0yk3dmcdcdt6ay903nfgxxcpurqtfey) 11 hours ago! The BCH was also returned (https://blockchair.com/bitcoin-cash/address/qzkkgkjzwdl0yk3dmcdcdt6ay903nfgxxcc3htsnln) and taken again 2 hours later.Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: JanEmil on May 16, 2025, 09:20:51 AM https://i.ibb.co/PZhJ5W4N/guy.jpg
Somewhere. A dude. Living our dream. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: rsincognito on May 16, 2025, 12:31:08 PM this post made my day, and remind me that if we all hold are coins like the 1.0 Cas coins they could each be worth $10 Milly one day, love this story, thank you
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: goldlyre on May 16, 2025, 01:10:14 PM I only have a dozen or so Cas. coins, and all of their denominations are no bigger than
1.0 btc. Except for one (I redeemed it and imported the btc into my wallet 13 years ago), I've luckily kept them intact till this day.😄 Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: hopenotlate on May 16, 2025, 01:35:10 PM This forum and the people who attend it never cease to amaze me.
I officially have a new hero , the king of diamonds hands who could bear such a wait for so long. Legend! Also the user(s) returning the forked coins to the legitimate owner shows there IS still decent people around here. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: goldlyre on May 16, 2025, 02:15:31 PM Returning the forked coins back to the previous address won't help because its
private key is already compromised. So I don't think that that is a wierd thing. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: JayJuanGee on May 16, 2025, 04:54:28 PM Returning the forked coins back to the previous address won't help because its private key is already compromised. So I don't think that that is a wierd thing. I think that there is some weirdness going on, since you are saying that you took a couple of the forks (perhaps remaining forks), but you are suggesting that you did not take the BCH fork, yet whoever took the BCH fork may have returned the BCH fork to the compromised address, but then someone else took those BCH coins a second time since the private keys of the original address were already compromised. So in terms of JohnGalt, I wonder if he received any of the forked coins back? Sure, I am not sure if JohnGalt deserves the forked coins that were taken outside of his permission, since he had compromised his private keys, even though sure, there could be some kind of a benevolent sharing of the value of the coins that were taken with JohnGalt if the person who had taken the forked coins were to choose such a sharing course of action... Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: goldlyre on May 16, 2025, 11:39:34 PM Ok, that's it. I understand your reasoning now.
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: jackbauercsgo on May 17, 2025, 01:34:33 AM Thanks for sharing John - crazy story my man
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Asmodeus_Zero on May 17, 2025, 07:31:44 PM It's amazing that someone took Bitcoin Cash and returned it to a compromised address for some reason.
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: fillippone on May 17, 2025, 08:06:13 PM not just the BCH (that is the most valuable though) there is BCL, BSV, BTG, BTX, BCD, LBTC, BIFI, BPA, BCA, BTCP, BCL and MBC - maybe more. Fond memories of the 2017 fork season. Claiming, moving and selling BitcoinPizza has been a life achievement for me! I wonder how many of those forks still live somewhere. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: nutildah on May 18, 2025, 03:24:52 PM Congratulations JohnGalt for a well-deserved prize. Personally I can't grasp the fortitude it takes to hold 100 BTC for 13 years. Although its not a unique characteristic of the Old Heads that still roam the halls of Bitcointalk, it is still plenty unique to investors, and most of humanity.
Simply an amazing story. Oh and the drama that ensued with the forks. Top notch. I rate it 9 Italian Hands. https://talkimg.com/images/2025/05/18/UaZYyw.png I love this forum. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: JohnGalt on May 19, 2025, 04:45:23 AM Sure, I am not sure if JohnGalt deserves the forked coins that were taken outside of his permission, since he had compromised his private keys, even though sure, there could be some kind of a benevolent sharing of the value of the coins that were taken with JohnGalt if the person who had taken the forked coins were to choose such a sharing course of action... So yeah... I actually showed the private key on purpose ‘cause I wanted to prove everything was real. I could’ve just signed a message with it or whatever, but this just felt quicker at the time—and honestly, my head wasn’t all the way clear. I figured once the coins were moved, it wouldn’t really matter anymore (which... turns out, not the smartest assumption). Something kinda like this happened back in 2013. This dude, Matt Miller, showed a paper wallet on TV and revealed the private key—and boom, someone snatched the coins right away. The person who took the coins actually reached out to him, and Matt was just like, “You can keep it.” But this ain’t the same. He didn’t even realize what that key meant. I did. I knew exactly what I was showing. Some people might say that by putting the key out there on purpose, I basically gave up any claim to it. And whether or not I understood what I was giving up? Doesn’t even matter. I have no idea who took the coins. Probably never will. And I don’t know what kinda person they are. Like, if they were honest, they would’ve seen it, realized it was probably a mistake, maybe taken the forked coins, hit me up, and asked for a reward or something. That would’ve been fair. A selfish person would’ve just grabbed it and been like, “Wow, free money, lucky me!” But a shady person—the criminal type? They look for stuff like this. Waiting for someone to slip up so they can pounce. Anyway... $45K is a lot, don’t get me wrong. But what can I do? And compared to 100 BTC? At the end of the day, I’m just gonna take it as a lesson learned. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: LoyceV on May 19, 2025, 05:49:21 AM I have no idea who took the coins. Probably never will. And I don’t know what kinda person they are. Like, if they were honest, they would’ve seen it, realized it was probably a mistake, maybe taken the forked coins, hit me up, and asked for a reward or something. That would’ve been fair. A selfish person would’ve just grabbed it and been like, “Wow, free money, lucky me!” But a shady person—the criminal type? They look for stuff like this. Waiting for someone to slip up so they can pounce. It's the old saying: "opportunity makes the thief". In this case, it looks like whoever took it regretted it, and returned it only for a second person to take it. It would have been much better to ask for a new address to send it to. Those are rookie mistakes.Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: alandelon on May 19, 2025, 02:09:45 PM Sure, I am not sure if JohnGalt deserves the forked coins that were taken outside of his permission, since he had compromised his private keys, even though sure, there could be some kind of a benevolent sharing of the value of the coins that were taken with JohnGalt if the person who had taken the forked coins were to choose such a sharing course of action... So yeah... I actually showed the private key on purpose ‘cause I wanted to prove everything was real. I could’ve just signed a message with it or whatever, but this just felt quicker at the time—and honestly, my head wasn’t all the way clear. I figured once the coins were moved, it wouldn’t really matter anymore (which... turns out, not the smartest assumption). Something kinda like this happened back in 2013. This dude, Matt Miller, showed a paper wallet on TV and revealed the private key—and boom, someone snatched the coins right away. The person who took the coins actually reached out to him, and Matt was just like, “You can keep it.” But this ain’t the same. He didn’t even realize what that key meant. I did. I knew exactly what I was showing. Some people might say that by putting the key out there on purpose, I basically gave up any claim to it. And whether or not I understood what I was giving up? Doesn’t even matter. I have no idea who took the coins. Probably never will. And I don’t know what kinda person they are. Like, if they were honest, they would’ve seen it, realized it was probably a mistake, maybe taken the forked coins, hit me up, and asked for a reward or something. That would’ve been fair. A selfish person would’ve just grabbed it and been like, “Wow, free money, lucky me!” But a shady person—the criminal type? They look for stuff like this. Waiting for someone to slip up so they can pounce. Anyway... $45K is a lot, don’t get me wrong. But what can I do? And compared to 100 BTC? At the end of the day, I’m just gonna take it as a lesson learned. Wow, first of all I want to congratulate you for not having weak hands. I don’t know what I would’ve done if I had a million dollars when BTC was at 10k — and now it's at 100k, incredible. That’s it, man, enjoy that money, you truly deserve it. On another note, I’d love to make a video telling this story for my YouTube channel — what you shared is really interesting. And about the 45k that was taken from you, it's okay, I hope that person makes good use of it and that it helps them a lot. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: philipma1957 on May 19, 2025, 03:11:52 PM I have a question are you going to sell some of them if you put them in a trezor they are not cashed in.
So your hands are still diamond 💎. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: JayJuanGee on May 19, 2025, 04:19:35 PM Sure, I am not sure if JohnGalt deserves the forked coins that were taken outside of his permission, since he had compromised his private keys, even though sure, there could be some kind of a benevolent sharing of the value of the coins that were taken with JohnGalt if the person who had taken the forked coins were to choose such a sharing course of action... So yeah... I actually showed the private key on purpose ‘cause I wanted to prove everything was real. I could’ve just signed a message with it or whatever, but this just felt quicker at the time—and honestly, my head wasn’t all the way clear. I figured once the coins were moved, it wouldn’t really matter anymore (which... turns out, not the smartest assumption).Something kinda like this happened back in 2013. This dude, Matt Miller, showed a paper wallet on TV and revealed the private key—and boom, someone snatched the coins right away. The person who took the coins actually reached out to him, and Matt was just like, “You can keep it.” But this ain’t the same. He didn’t even realize what that key meant. I did. I knew exactly what I was showing. Some people might say that by putting the key out there on purpose, I basically gave up any claim to it. And whether or not I understood what I was giving up? Doesn’t even matter. I have no idea who took the coins. Probably never will. And I don’t know what kinda person they are. Like, if they were honest, they would’ve seen it, realized it was probably a mistake, maybe taken the forked coins, hit me up, and asked for a reward or something. That would’ve been fair. A selfish person would’ve just grabbed it and been like, “Wow, free money, lucky me!” But a shady person—the criminal type? They look for stuff like this. Waiting for someone to slip up so they can pounce. Anyway... $45K is a lot, don’t get me wrong. But what can I do? And compared to 100 BTC? At the end of the day, I’m just gonna take it as a lesson learned. Of course each of us make mistakes from time to time, and sometimes we repeat similar kinds of mistakes without necessarily realizing the source of our mistakes, and for sure when you make your mistake in public, then it becomes a kind of mistake that others can potentially learn from. I have made some decently large mistakes related to bitcoin, and sometimes I have discussed my mistakes in public threads, and sure sometimes if we discuss our mistakes in public (or make them in public), then aspects of the mistakes might be revealed that go beyond our understandings of our mistakes.. and we might not even agree with the characterizations of others in regards to the mistakes that we made and/or whether our actions and/or our motivations were justified. I understand that historically, guys used to reveal a lot more information about their various transactions, yet it seems that in recent times, guys are tending to not reveal as many details of their transactions, including for OPsec purposes.. which yes, that means that the readers and participants in these various public forum threads are not able to learn as much, as compared with when the information is out in the open. In your case you state that you chose to share the private key information based on a motivation to provide evidence that you were not making shit up. The situation that you claimed existed really did exist, and personally, I don't find that to be a very compelling reason to show the private key, even though sure, you could have shown part of the private key in order to show how the peeling of the label worked, and perhaps you could have had shown the transaction of your moving the coins. yet even these days guys sometimes don't even want to show their transactions because then those coins become publicly connected to you. I cannot completely argue against guys choosing to share some of these kinds of pieces of information, since we can more easily learn from some of those kinds of details, and yeah, sure it is true that we can verify that you are not just making shit up... to the extent that your credibility might be questionable... which surely, any of us could overestimate how necessary it may well be to bolster our credibility. I have had times in which I have made claims about certain kinds of bitcoin-related matters, and guys have asked me to provide more information to make it clear that my claims were sufficiently valid, and in many of those cases, when it gets into showing specific transactions or wallet balances, I personally found it to not be relevant to attempt to prove my credibility in those kinds of ways.. and I also found it a bit invasive for some members to be asking for such proof, even though surely the whole story would become more believable with the showing of transactions and/or balances. We are not all going to choose in the same ways in regards to how much information we share, and surely sharing a lot of information can also cause a lot of abilities to triangulate and to infer, and even readers of our posts might come to the wrong conclusions, including that some of us specifically proclaim that our posts tend to contain a combination of fiction and truth, and I even had some guys specifically tell me that some of the information that I had provided in my post describing a situation does not exactly add up, and that is part of the point. It is not supposed to add up with any exactness in order to still communicate some of the ideas. For sure, there are situations in which proof of reserves is important, especially if we might be offering goods and/or services and/or using other people's money, yet if we are talking about our private stashes or our access to private stashes and/or even our security around such private stash matters, there likely are greater justifications for not necessarily being clear about some of the details, even though it might be more difficult for some of the readers to either learn from the situations or even believe which parts of the purported factual discussions are real and which parts are not real. Just as a reference, it appears that all of the forks including BCH are probably still a bit less than $45k, yet sure if there might be some forks that might be extractable that add up to more value, and then the private keys could also be valuable in the future, yet if we lock in and we say that the value of those private keys (after the extraction of the BTC) ONLY amounted to about $45k, then that is ONLY slightly less than 0.5% of the total value of the Casascius bar, so surely relatively speaking 0.5% is not a very high price to pay relative to the total value of the BTC that had already been extracted and presumptively moved to some safe set ups. Even in my time on the forum, I recall in my earlier times on the forum in 2014 to 2016, there were newbies (and even established members) shooting to accumulate 30-100 bitcoins, and so surely some of the guys from that time, might have still struggled to get stash sizes that were reaching 100 BTC for their total stash size. Perhaps in the 2016 to 2020 timeframe, there were even experienced forum members who were suggesting that it would be practical to divide their bitcoin into UTXO sizes that were in the ballpark of 1 BTC per UTXO in order to attempt to be practical, and even future-oriented in their UTXO management. In recent times, many normies (perhaps even guys with larger stash sizes) are likely considering UTXOs that are quite a bit less than 1 BTC, especially if they are dealing with any of their UTXOs that might interact with other members of the public or even potentially give away how many BTC that they have, so even guys might not want to show that they have a stash size of 1 BTC or more, so in that context even creating UTXOs in the 0.01 to 0.1 BTC range might end up being sufficiently manageable and/or future-oriented.. So, yeah, dividing up one's BTC stash seems reasonable, and surely there could be some portions of any guy's stash that are larger (and perhaps more inactive) than other portions of the stash (in the context of three types such as 1) cold storage, 2) medium storage and/or 3) hot wallets), and sometimes we can make mistakes in both our dividing up of our stash, separating out KYC coins from non-KYC coins, and even our consolidation of some of our UTXOs might sometimes create connections of our past BTC spends that might not be good for our privacy to be combining them. I have a question are you going to sell some of them if you put them in a trezor they are not cashed in. So your hands are still diamond 💎. I recall one of your posts from late 2022-ish in which you said that even 100 bitcoin was not enough to live off of, and surely you and I differ in opinion in regards to how many coins are necessary to live off of. I personally think that currently 16.915 BTC is the threshold level of enough to sustain an $80k per year income from the BTC (https://bitcoindata.science/withdrawal-strategy?U2FsdGVkX19VvJhhcY48jhYsiiTHimoJcFdOrh/aI/twtKg2wDKgX3yxeJHoNkSqn9Q4xhCmh+5Afbth1w+eFA==). So, from my point of view, currently, 100 BTC would be the threshold amount to sustain an income level of about $473k per year (https://bitcoindata.science/withdrawal-strategy?U2FsdGVkX1/w/q7JkXfOs8V1wlmNxDcDRU5tVbcVHgxELuvvVoRs+F/nZVFbDA4eXBhLvYdChy8zTscI779xrw==) (which is $39.4k per month). I will concede that in late 2022, 100 BTC would have been more challenging in terms of how much of an income it would sustain, even though the 200-WMA reflects that it could have been capable of a $244k per year sustainable income (https://bitcoindata.science/withdrawal-strategy?U2FsdGVkX1+MSaMBjahUtTy/qpgMlSLZQHf/gdBIoCgvt21f61PH8QSX9+haofZipLfrW8kgNnvTagNd3FYvYw==), yet in order to rest assured that too many coins were not being withdrawn, it may well would have had been prudent to only withdraw in the ballpark of $150k per year until the spot price returned at above at least 25% above the 200-WMA in order to be assured not to overly draw from a guy's bitcoin stash.. presuming a guy might have had 100 BTC in late 2022/early 2023. Of course, anyone who has other sources of income should likely spending from other sources of income before spending from his bitcoin stash, yet surely there should not be any problem to increase a person's standard of living, especially if he has a decent stash of bitcoin that he had not spent from for 13 years or more. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: JayJuanGee on May 20, 2025, 12:45:28 AM Hello, If you have too many sats, you can a few to me :P Well. It should be around 10 billion satoshis, so it may or may not be too many depending on how JohnGalt might choose to utilize them. Many folks would consider a sustainable income of $473k per year to be sufficiently enough and/or more than enough, yet they also might still figure out some ways that they might want to spend them.. or perhaps just continue to hold onto them, if they have other income sources that they might want to spend from first. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: SilverCryptoBullet on May 20, 2025, 02:48:22 AM Btw knowing you posted publicly your key i hope you have redeem those bitcoin forks first especially on BCH fork, its more than $40k worth if you mention it. Claiming forks must be done properly and safely.Firstly the bitcoin life-changing amount must be redemeed and moved to a new non custodial wallet. Then this man can claim forks with that private key - remember only do fork claiming after this private key and bitcoin address has empty bitcoin in it. A guide for fork claiming. LoyceV's Bitcoin Fork claiming guide (and service). (https://bitcointalk.org/index.php?topic=2836875.0) Fond memories of the 2017 fork season. Most of 2017 and later forks died with time.Claiming, moving and selling BitcoinPizza has been a life achievement for me! I wonder how many of those forks still live somewhere. How Many Bitcoin Forks Are There? You will be surprised!!! (https://bitcointalk.org/index.php?topic=5221882.0) Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Ambatman on May 28, 2025, 12:33:50 PM Congratulations on been alive to see the fruit of your diamond.
Many weren't fortunate Respect in being able to hold such amount for such a long time I know I can't do that. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: CanaryInTheMine on May 28, 2025, 11:14:04 PM Congrats! it probably forced you to hodl all this time instead of selling corn sooner. what are you doing with the bar?
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: goldlyre on May 29, 2025, 12:43:57 AM The Ballet cards can do the job perfectly. I mean it can import private keys and
get all those fork coins by a single click. So easy! ;D Two years ago, I peeled a 5-btc physical and imported its private key into a Ballet card. Then I got more than a dozen or so kinds of fork coins at an instant. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: FiniteByDesign on May 29, 2025, 10:42:07 AM Congrats! Nice windfall
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: goldlyre on May 30, 2025, 06:37:38 AM How is Mr. Mike Caldwell the creator of Casascius?
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Otoh on June 01, 2025, 03:07:35 PM Congratulations & thanks for sharing the story
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: bitdaryl on July 01, 2025, 02:29:38 AM Congrats! Such an amazing win!
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: OgNasty on July 01, 2025, 03:05:38 PM I see this story making the rounds on social media suddenly. Not sure why the revamped interest but it's always cool when one of our own breaks out of this fishbowl and into the real world with some newsworthy activity. Even though in this case it is a cautionary tale as to why you should never share your private keys, it's still cool and I'm glad to see some attention from larger sites find their way back to bitcointalk, which seems to be a bit of a forgotten part of the wider Bitcoin discussion these days.
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Forsyth Jones on July 01, 2025, 05:54:54 PM It is a lot of money, so yeah, I was kinda nervous something might go wrong. Hey man, congrats bro! (Can I be your friend? just kidding lol :D)Does anyone have a video of the whole process? Peeling and then inputting and sweeping the funds to another wallet? Did you do it all in one fell swoop? or did you do a test first? Alright, so here’s the quick version. It wasn’t as easy as I thought, but since I kinda know my way around this stuff, I managed. First, I tried using a razor to peel the sticker, but that was a mistake. Ended up just using my nail and it came off no problem. I thought Electrum could take mini private keys, so I made a new wallet on my phone with the key, but nope—it didn’t work. Then I found out bitaddress.org can turn a mini key into WIF, so I downloaded it off GitHub and opened the file on my laptop. Scanned the QR code of the uncompressed key and boom, new wallet. I wanted to split the BTC across a few addresses, but Electrum on Android doesn’t do that, so I redid everything on my laptop. Opened Trezor Suite, made a new account, got a bunch of addresses, copy-pasted those into Electrum, and sent the BTC. Waited for it to confirm before saying anything. Later, I remembered BCH was a thing (oops). I don’t really use it, so I had to look stuff up, found a wallet, imported the key... and yeah, someone had already used mini key in the image I posted and took the BCH. lmao I didn’t test anything beforehand, and I wasn’t really thinking too hard about security, tbh. I bet this will be one of those historic bitcointalk threads and I want to be a part of it. You were very careful when transferring the funds from the private key (mini-key) to a more secure storage, it's great that you didn't make any rookie mistakes during the sweep, like the case you mentioned of anchor Matt Miller who made the mistake of accidentally showing one of the paper wallets with the private key revealed (https://www.businessinsider.com/bloomberg-matt-miller-bitcoin-gift-stolen-2013-12) (although you did miss the forks, but the important thing is that your mainnet funds are intact). I'm very happy for you, enjoy your fortune, spend it wisely. Although you didn't need to go to all that trouble, Electrum desktop does support mini-keys (https://bitcointalk.org/index.php?topic=5524213.msg64885706#msg64885706), but that's just a detail, the important thing is that your funds are in a more secure place now! Hey mate, what time are we going to the club? 8) :D ;D Edit: Now I see that the 1st person who stole the forked coins refunded you, but at the same address where the private key is now exposed.... lol what a crazy story. :D Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: rdluffy on July 01, 2025, 08:25:42 PM ... I bet this will be one of those historic bitcointalk threads and I want to be a part of it. ... Wow, we probably came here for the same topic, in our local board haha I also want to be part of this thread which is probably already historic I've never been "so close" to someone with so many BTC (that I know of) and I'm glad it's someone from here on the forum, I feel like I'm one of our own hehehe What an interesting story I have a collectible coin too, an Alpen Coin, but with dust only hehehe https://www.talkimg.com/images/2025/07/01/Uwwcwb.jpeg And now you're using which wallet to manage it? A Trezor? Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Nexusrushrush on July 01, 2025, 09:19:59 PM Btw knowing you posted publicly your key i hope you have redeem those bitcoin forks first especially on BCH fork, its more than $40k worth if you mention it. Ugh, I totally forgot about the forks, and someone else got to it 9 minutes before me... Now they’re like $40k richer. I just hope they’re not shady or anything and actually a decent person. Btw knowing you posted publicly your key i hope you have redeem those bitcoin forks first especially on BCH fork, its more than $40k worth if you mention it. Ugh, I totally forgot about the forks, and someone else got to it 9 minutes before me... Now they’re like $40k richer. I just hope they’re not shady or anything and actually a decent person. hi i apologize but i couldn't resist, forgive me that i took your BCH i returned them to their place, now i would like to check your integrity and ask for a reward for this donate as much as you think necessary and forgive me again for my English this is not my native language this is my BTC address in the BTC network 1HD57zHyXKm3P7WaNAXAHtLcbK3JTg5PKT And TRC20 TGtqz8KpEni7pXoM6xDkizRCk613jtghgy https://bitcointalk.org/index.php?topic=5221882.0 I used this article and there are still coins at your address, get your key. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Forsyth Jones on July 01, 2025, 10:19:33 PM hi i apologize but i couldn't resist, forgive me that i took your BCH i returned them to their place, now i would like to check your integrity and ask for a reward for this donate as much as you think necessary and forgive me again for my English this is not my native language this is my BTC address in the BTC network 1HD57zHyXKm3P7WaNAXAHtLcbK3JTg5PKT Ok, let's go: Lesson number 1: Whoever has access to the private key (simplifying, since the key is exposed on the internet, anyone) can spend the coins from that address.And TRC20 TGtqz8KpEni7pXoM6xDkizRCk613jtghgy https://bitcointalk.org/index.php?topic=5221882.0 I used this article and there are still coins at your address, get your key. So if you have returned forks coins to the original address, it's now a matter of time for those who have access to the private key to sweep any forks as they are found. The best way to avoid all this is to ask for a new address for the person you want to reimburse. This way you ensure that only they has access to the funds(as it is supposed that they is the sole owner of the private key) and no one else can withdraw his funds again. Note: I don't know if you are the first or second person who tried to refund it. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: nelson4lov on July 01, 2025, 11:42:07 PM Saw a screenshot of OP on X and had to come here to congratulate you on a well deserved hodl. Everybody see this amd don't remember that you never sold during the Covid-19 market collapse or when Bitcoin went to $60k and back to $16K.
You have my respect for holding that much size for that long time. Plenty to learn from your patience. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Steeley on July 02, 2025, 01:22:50 AM [/quote]hi i apologize but i couldn't resist, forgive me that i took your BCH i returned them to their place, now i would like to check your integrity and ask for a reward for this donate as much as you think necessary and forgive me again for my English this is not my native language this is my BTC address in the BTC network 1HD57zHyXKm3P7WaNAXAHtLcbK3JTg5PKT And TRC20 TGtqz8KpEni7pXoM6xDkizRCk613jtghgy https://bitcointalk.org/index.php?topic=5221882.0 I used this article and there are still coins at your address, get your key. [/quote] It's ironic to see you asking the OP to have integrity. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: NotATether on July 02, 2025, 07:02:23 AM hi i apologize but i couldn't resist, forgive me that i took your BCH i returned them to their place, now i would like to check your integrity and ask for a reward for this donate as much as you think necessary and forgive me again for my English this is not my native language this is my BTC address in the BTC network 1HD57zHyXKm3P7WaNAXAHtLcbK3JTg5PKT And TRC20 TGtqz8KpEni7pXoM6xDkizRCk613jtghgy https://bitcointalk.org/index.php?topic=5221882.0 I used this article and there are still coins at your address, get your key. Come on man, you should have asked him for an address to refund to, not send them back to the key (which is now on r/bitcoin BTW) for another person to sweep. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: cygan on July 02, 2025, 11:35:30 AM ✂️ you are hitting the wrong community and the wrong people with the hope that we will all believe you! if it really was you, then you would have immediately provided other proofs/informations with your post that would immediately and 100% back up your refund unfortunately your scam attempt will not succeed here Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: deepskydiver on July 02, 2025, 12:14:18 PM Incidentally, what is current best practice for converting BCH without compromising the equivalent bitcoin addresses not linked to identities?
In other words how do people convert BCH without giving away the identity of thee corresponding bitcoin? Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: PX-Z on July 02, 2025, 10:01:08 PM ✂️ you are hitting the wrong community and the wrong people with the hope that we will all believe you! if it really was you, then you would have immediately provided other proofs/informations with your post that would immediately and 100% back up your refund unfortunately your scam attempt will not succeed here Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: henrythebest on July 03, 2025, 10:00:15 AM and you sir, will be my role model for the life time. :) :) :)
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: JohnGalt on July 03, 2025, 05:21:32 PM hi i apologize but i couldn't resist, forgive me that i took your BCH i returned them to their place, now i would like to check your integrity and ask for a reward... Okay, first of all, this dude is straight up lying. Period. But wait—there’s more! So like, a while back I changed my email on BitcoinTalk. And I didn’t realize I had left it set to public. Somebody emailed me right after I posted, and I was like uhh nope so I fixed it real quick. But then after that article and the Reddit stuff, my inbox started blowin up again. So I’m guessing that email’s out there in some database now or whatever. But it’s cool—I wasn’t even trippin. It was just an alias. I deleted it and made a new one like click-click, done. Not gonna lie, I don’t really vibe with people begging, so just don’t. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: anonymousminer on July 03, 2025, 05:39:08 PM hi i apologize but i couldn't resist, forgive me that i took your BCH i returned them to their place, now i would like to check your integrity and ask for a reward... Okay, first of all, this dude is straight up lying. Period. But wait—there’s more! So like, a while back I changed my email on BitcoinTalk. And I didn’t realize I had left it set to public. Somebody emailed me right after I posted, and I was like uhh nope so I fixed it real quick. But then after that article and the Reddit stuff, my inbox started blowin up again. So I’m guessing that email’s out there in some database now or whatever. But it’s cool—I wasn’t even trippin. It was just an alias. I deleted it and made a new one like click-click, done. Not gonna lie, I don’t really vibe with people begging, so just don’t. Liar + Beggar = complete asshole and scumbag Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Mitchell on July 03, 2025, 09:21:28 PM [...] If anyone bothers you in private messages or begs for money, feel free to report them. Unsolicited PMs are not allowed, same goes for begging.Not gonna lie, I don’t really vibe with people begging, so just don’t. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Cryptogreatdane on July 04, 2025, 12:27:46 AM I will gladly pay you tomorrow for Bitcoin today. Popeye reference, lol
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: JohnGalt on July 04, 2025, 03:18:40 AM So like, a while back I changed my email on BitcoinTalk. And I didn’t realize I had left it set to public. Somebody emailed me right after I posted, and I was like uhh nope so I fixed it real quick. But then after that article and the Reddit stuff, my inbox started blowin up again. So I’m guessing that email’s out there in some database now or whatever. But it’s cool—I wasn’t even trippin. It was just an alias. I deleted it and made a new one like click-click, done. Ha! Did it again. Lucky for me, I got infinite email addresses -- try and keep up. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: hopenotlate on July 05, 2025, 08:19:39 AM -snip- So like, a while back I changed my email on BitcoinTalk. And I didn’t realize I had left it set to public. Somebody emailed me right after I posted, and I was like uhh nope so I fixed it real quick. But then after that article and the Reddit stuff, my inbox started blowin up again. So I’m guessing that email’s out there in some database now or whatever. -snip- Not only article and Reddit posts you became a celebrity on X as well : several tweets from several accounts are sharing your epic redeem , some of those accounts are also quite popular https://x.com/danielgothits/status/1939805730561024400 https://x.com/pete_rizzo_/status/1862505676116758613 https://x.com/InternetH0F/status/1940334901019939252 the above ones are just some of those tweets. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Not in Town on July 07, 2025, 10:37:05 PM Understandable. The fact that this is a physical item that you have to worry about at all times makes transferring the funds to a less-worrisome location compelling. Not sure what I would've done in your situation. You truly did have the collectible of a lifetime...
The stoic HODLing you did throughout all of those years is commendable, though. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: OM1ASD on July 08, 2025, 07:40:56 AM IS possible to buy from You this Casascius Bar?
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: krogoth on July 08, 2025, 09:36:10 AM Nice article here....
https://cointelegraph.com/news/casascius-bar-hodling-100-btc Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Gaaaalii on July 08, 2025, 10:00:55 AM I don't usually comment, but I loved this new. Congratulations. Enjoy a bit and keep holding!
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: XapoBank on July 08, 2025, 02:20:27 PM Okay, so remember how I mentioned I had one of those Casascius Bitcoin bars? Yeah, it’s a 100 BTC one, and I got it back in 2012 for like $500. When Bitcoin went over $10k a few years ago, I started getting real nervous. I mean, holding onto something worth over a million dollars? That’s a lot of pressure. I didn’t want to redeem it, though. To me, a physical Bitcoin that hasn’t been redeemed feels like it’s worth more than just the money. I did try to sell it a few times, but it’s hard selling something that valuable, and you really can’t trust just anyone. I even looked into auctions, but I’d be getting less than what the Bitcoin itself was worth. Now that it’s worth over $10 million, I knew I couldn’t keep just sitting on it. So, yeah… even though I was kinda unsure, I finally redeemed it today. I didn’t sell the coins or anything—I just moved them to my hardware wallet to keep them safe. Before: https://talkimg.com/images/2025/05/13/UU5J09.md.jpeg (https://talkimg.com/image/UU5J09) After: https://talkimg.com/images/2025/05/13/UU5yhw.md.jpeg (https://talkimg.com/image/UU5yhw) Transaction: https://mempool.space/tx/118d50e57eedbdc37e55edd176b49fb561d2df45d16ac7aabb1365b66d100d43 Sorry... Congratulations on taking that big step, moving 100 BTC is no small moment, especially when it holds such personal and historic value. At Xapo, we’ve seen first-hand how early Bitcoiners face this exact dilemma: balancing the emotional significance of early Bitcoin with the responsibility of securing it safely as its value grows. Whether it’s physical coins, early wallets, or large holdings, protecting your Bitcoin in today’s world means adapting to new security standards, while still respecting where you came from. You’ve done the right thing by taking control of your keys in a secure hardware wallet. If you’re ever looking to explore regulated custody solutions that combine institutional-grade security (MPC, governance controls, physically guarded vaults) with full reserve practices, without giving up ownership of your Bitcoin, feel free to reach out. But for now, congratulations again on securing such an incredible piece of Bitcoin history. Ser we salute you 🫡 Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: MoparMiningLLC on July 08, 2025, 03:28:26 PM regulated custody solutions that combine institutional-grade security first - regulated custody solutions are not for Bitcoin - that is screaming fiat. Bitcoin was designed to escape the need to trust a 3rd party with your funds. and there is no security in any custody "solution" nearly ever custody solution at one point or another gets "hacked" - more or less they leak their own data for probable payment. Never trust any custody solution with anything you are not willing to simply write off. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Steeley on July 08, 2025, 04:46:59 PM At Xapo, we’ve seen first-hand how early Bitcoiners face this exact dilemma: I have no real experience with Xapo, but from just anecdotal impressions, they seem good. I am pulling for any business trying to honestly promote Bitcoin and help bitcoiners. This dude above seems like a full on imposter though. July 1st 2025 registration to the forum, no interactions or trust. It will be interesting to see how many scam artists show up before this thread goes dormant. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Steeley on July 08, 2025, 06:26:21 PM This story is hitting the public and is starting to get published in multiple ways. AI seems to be regurgitating it (see the last one if you want to see a really bad AI job).
https://cointelegraph.com/news/casascius-bar-hodling-100-btc (https://cointelegraph.com/news/casascius-bar-hodling-100-btc) https://www.ainvest.com/news/rare-casascius-100-btc-bar-sparks-collector-interest-bitcoin-price-surge-2507/ (https://www.ainvest.com/news/rare-casascius-100-btc-bar-sparks-collector-interest-bitcoin-price-surge-2507/) https://www.tradingview.com/news/cointelegraph:9e76c9099094b:0-casascius-bar-owner-gets-less-physical-moves-btc-to-wallet-after-13-years/ (https://www.tradingview.com/news/cointelegraph:9e76c9099094b:0-casascius-bar-owner-gets-less-physical-moves-btc-to-wallet-after-13-years/) https://www.unilad.com/news/us-news/bitcoin-wallet-whale-dormant-14-years-worth-billions-713675-20250705 (https://www.unilad.com/news/us-news/bitcoin-wallet-whale-dormant-14-years-worth-billions-713675-20250705) https://bloomingbit.io/en/feed/news/92291 (https://bloomingbit.io/en/feed/news/92291) https://www.binance.com/en/square/post/07-07-2025-crypto-user-moves-100-bitcoin-from-casascius-bar-to-wallet-after-13-years-26640494760561 (https://www.binance.com/en/square/post/07-07-2025-crypto-user-moves-100-bitcoin-from-casascius-bar-to-wallet-after-13-years-26640494760561) https://menafn.com/1109771443/After-13-Years-Casascius-Bar-Owner-Transfers-BTC-To-Digital-Wallet (https://menafn.com/1109771443/After-13-Years-Casascius-Bar-Owner-Transfers-BTC-To-Digital-Wallet) Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: MoparMiningLLC on July 08, 2025, 06:52:50 PM This story is hitting the public and is starting to get published in multiple ways. AI seems to be regurgitating it (see the last one if you want to see a really bad AI job). https://cointelegraph.com/news/casascius-bar-hodling-100-btc (https://cointelegraph.com/news/casascius-bar-hodling-100-btc) https://www.ainvest.com/news/rare-casascius-100-btc-bar-sparks-collector-interest-bitcoin-price-surge-2507/ (https://www.ainvest.com/news/rare-casascius-100-btc-bar-sparks-collector-interest-bitcoin-price-surge-2507/) https://www.tradingview.com/news/cointelegraph:9e76c9099094b:0-casascius-bar-owner-gets-less-physical-moves-btc-to-wallet-after-13-years/ (https://www.tradingview.com/news/cointelegraph:9e76c9099094b:0-casascius-bar-owner-gets-less-physical-moves-btc-to-wallet-after-13-years/) https://www.unilad.com/news/us-news/bitcoin-wallet-whale-dormant-14-years-worth-billions-713675-20250705 (https://www.unilad.com/news/us-news/bitcoin-wallet-whale-dormant-14-years-worth-billions-713675-20250705) https://bloomingbit.io/en/feed/news/92291 (https://bloomingbit.io/en/feed/news/92291) https://www.binance.com/en/square/post/07-07-2025-crypto-user-moves-100-bitcoin-from-casascius-bar-to-wallet-after-13-years-26640494760561 (https://www.binance.com/en/square/post/07-07-2025-crypto-user-moves-100-bitcoin-from-casascius-bar-to-wallet-after-13-years-26640494760561) https://menafn.com/1109771443/After-13-Years-Casascius-Bar-Owner-Transfers-BTC-To-Digital-Wallet (https://menafn.com/1109771443/After-13-Years-Casascius-Bar-Owner-Transfers-BTC-To-Digital-Wallet) yea - saw it start hitting social medias and sites last week and continuing into this week. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: dozerz on July 09, 2025, 07:33:56 AM just wanted to say well done ser, total diamond handed inspiration to us all :)
Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: XapoBank on July 09, 2025, 02:23:01 PM At Xapo, we’ve seen first-hand how early Bitcoiners face this exact dilemma: I have no real experience with Xapo, but from just anecdotal impressions, they seem good. I am pulling for any business trying to honestly promote Bitcoin and help bitcoiners. This dude above seems like a full on imposter though. July 1st 2025 registration to the forum, no interactions or trust. It will be interesting to see how many scam artists show up before this thread goes dormant. Hey, yes we are new here, our first post but have been around since 2013 just not active here previously but we are looking to change that. We have also just started being active on reddit, something we have not been up until 4 months ago. Happy to answer any questions over on Twitter (X) though for any validation. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Steeley on July 09, 2025, 06:39:50 PM At Xapo, we’ve seen first-hand how early Bitcoiners face this exact dilemma: I have no real experience with Xapo, but from just anecdotal impressions, they seem good. I am pulling for any business trying to honestly promote Bitcoin and help bitcoiners. This dude above seems like a full on imposter though. July 1st 2025 registration to the forum, no interactions or trust. It will be interesting to see how many scam artists show up before this thread goes dormant. Hey, yes we are new here, our first post but have been around since 2013 just not active here previously but we are looking to change that. We have also just started being active on reddit, something we have not been up until 4 months ago. Happy to answer any questions over on Twitter (X) though for any validation. This is good to hear. Welcome to the forum. Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: Mbitr on July 09, 2025, 07:26:59 PM Congratulations on taking that big step, moving 100 BTC is no small moment, especially when it holds such personal and historic value.
At Xapo, we’ve seen first-hand how early Bitcoiners face this exact dilemma: balancing the emotional significance of early Bitcoin with the responsibility of securing it safely as its value grows. Whether it’s physical coins, early wallets, or large holdings, protecting your Bitcoin in today’s world means adapting to new security standards, while still respecting where you came from. You’ve done the right thing by taking control of your keys in a secure hardware wallet. If you’re ever looking to explore regulated custody solutions that combine institutional-grade security (MPC, governance controls, physically guarded vaults) with full reserve practices, without giving up ownership of your Bitcoin, feel free to reach out. But for now, congratulations again on securing such an incredible piece of Bitcoin history. Ser we salute you 🫡 [/quote] Will you be looking at holding loaded bitcoin collectibles in your” physically guarded vault” ? Apologies - on mobile at the moment - didn’t quote the message correctly - doh !! Title: Re: A Sad Day for Physical Bitcoin Collectors Post by: XapoBank on July 11, 2025, 02:19:15 PM Congratulations on taking that big step, moving 100 BTC is no small moment, especially when it holds such personal and historic value. At Xapo, we’ve seen first-hand how early Bitcoiners face this exact dilemma: balancing the emotional significance of early Bitcoin with the responsibility of securing it safely as its value grows. Whether it’s physical coins, early wallets, or large holdings, protecting your Bitcoin in today’s world means adapting to new security standards, while still respecting where you came from. You’ve done the right thing by taking control of your keys in a secure hardware wallet. If you’re ever looking to explore regulated custody solutions that combine institutional-grade security (MPC, governance controls, physically guarded vaults) with full reserve practices, without giving up ownership of your Bitcoin, feel free to reach out. But for now, congratulations again on securing such an incredible piece of Bitcoin history. Ser we salute you 🫡 Will you be looking at holding loaded bitcoin collectibles in your” physically guarded vault” ? Apologies - on mobile at the moment - didn’t quote the message correctly - doh !! [/quote] At the moment, we don’t offer vault services for physical Bitcoin collectibles like Casascius coins. That said, we appreciate the role these items play in Bitcoin’s history; they’re a fascinating part of the early ecosystem. This is something i will however feedback to ask the question. At Xapo, we’ve seen first-hand how early Bitcoiners face this exact dilemma: I have no real experience with Xapo, but from just anecdotal impressions, they seem good. I am pulling for any business trying to honestly promote Bitcoin and help bitcoiners. This dude above seems like a full on imposter though. July 1st 2025 registration to the forum, no interactions or trust. It will be interesting to see how many scam artists show up before this thread goes dormant. Hey, yes we are new here, our first post but have been around since 2013 just not active here previously but we are looking to change that. We have also just started being active on reddit, something we have not been up until 4 months ago. Happy to answer any questions over on Twitter (X) though for any validation. This is good to hear. Welcome to the forum. Thanks, great to be here. |