1 @ 1.55BTC
Here's the latest: Current 5 Highest Bids - updated through post #54.- 2.0 - Otoh - 2.0 - Otoh - 2.0 - Otoh - 1.55 - Zepher - 1.55 - greenplastic ^-------- All 5 auction winners will pay the same "lowest of 5" bid, marked here. 1) If the auction ends now, all 5 winners will only need to pay 1.55 BTC each for the coin. 2) If you're not on the list and want to make a winning bid, the minimum bid is 1.6 BTC, and you will be #4 position. Auction ends in about 4 hours!Good luck bidding everyone. thanks, Bobby |
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Looks like they did a good job, I kind of skipped through it but it looked a lot like a "Bitcoin 101" from what I did see, which isn't necessarily a bad thing for most people.
I'm more curious as to why a majority of it was in English instead of Chinese, but I could be missing something and it was just a voiced-over translation, considering how you said it was a TV interview in what I would assume was China.
Many people in larger Chinese cities like Shanghai understand English, having learned it to get ahead at work or in business. So there are quite a few major English-language TV stations. |
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Yep, news is not as commercialized in other countries, as it is in the US.
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Super awesome use-case for your new Bitcoin Chips from BTCC Mint:(This is about using the new launched Bitcoin Chips from BTCC Mint.) For those advanced Bitcoins users and hackers out there, I'd like to casually point out that our Bitcoin Chips have been designed to serve as a simple and cost-effective solution for your M-of-N Multisig address needs. Just get any 3 new Bitcoin Chips (even the cheapest 1 K bits work), and create your own physical/hardware-based 2-of-3 multisig address and wallet, which now has a physical component that is tamper evident. To create your 2-of-3 multisig address, you'll need the public keys of the 3 chips, which you can lookup here, by typing in the serial number of your 3 chips: https://mint.btcc.com/lookupThen just create the multisig address using any of the various online tutorials and user guides. (Please post your favorite tutorials below in the reply!) Once you have your multisig address, you can send real bitcoins to it! Then to redeem, you'll need to peel the holograms on any 2 of the 3 chips, and then sign the transaction accordingly. (and don't forget, you still also have the new unredeemed "bits" in each chip as well!) I know it can a bit troublesome given the physical nature of the Bitcoin Chips here, but this is a cost-effective physical secure solution for multisig. (Again, this mostly depends on how comfortable you are with this topic.) You can then store your 3 chips in 3 different locations for ultimate piece of mind! True secure, geographically-dispersed, hard-based, cold storage solution!Now, let's get a discussion going here! Tell me what you think... thanks, Bobby
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Super awesome use-case for your new Bitcoin Chips from BTCC Mint:For those advanced Bitcoins users and hackers out there, I'd like to casually point out that our Bitcoin Chips have been designed to serve as a simple and cost-effective solution for your M-of-N Multisig address needs. Just get any 3 new Bitcoin Chips (even the cheapest 1 K bits work), and create your own physical/hardware-based 2-of-3 multisig address and wallet, which now has a physical component that is tamper evident. To create your 2-of-3 multisig address, you'll need the public keys of the 3 chips, which you can lookup here, by typing in the serial number of your 3 chips: https://mint.btcc.com/lookupThen just create the multisig address using any of the various online tutorials and user guides. (Please post your favorite tutorials below in the reply!) Once you have your multisig address, you can send real bitcoins to it! Then to redeem, you'll need to peel the holograms on any 2 of the 3 chips, and then sign the transaction accordingly. (and don't forget, you still also have the new unredeemed "bits" in each chip as well!) I know it can a bit troublesome given the physical nature of the Bitcoin Chips here, but this is a cost-effective physical secure solution for multisig. (Again, this mostly depends on how comfortable you are with this topic.) You can then store your 3 chips in 3 different locations for ultimate piece of mind! True secure, geographically-dispersed, hard-based, cold storage solution!Now, let's get a discussion going here! Tell me what you think... thanks, Bobby
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Here's the latest:
Current 5 Highest Bids - updated through post #52.
- 2.0 - Otoh
- 2.0 - Otoh
- 2.0 - Otoh
- 1.55 - Zepher
- 1.5 - hybridsole
^-------- All 5 auction winners will pay the same "lowest of 5" bid, marked here.
1) If the auction ends now, all 5 winners will only need to pay 1.5 BTC each for the coin.
2) If you're not on the list and want to make a winning bid, the minimum bid is 1.55 BTC, and you will be #5 position.
Auction ends in about 24 hours!
Good luck bidding everyone.
thanks,
Bobby
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Question:
For a roll of chips - would the serial #'s be sequential or random?
The only sequential numbers will be for the 6 x poker chip sets. Anything else will be random as stated by BTCC. If there's a demand for sequential serial numbers for the rolls, then we'll try and give out sequential numbers when we can, for future orders. For the "6-color Signature set", all 6 chips have the same serial number, just different "A" through "F" prefix. (the 200 different sets have different serial numbers, sequentially from 001 to 200.) thanks, Bobby |
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On bitcoin’s growth in China: Bitcoin is still growing very fast in China. We are seeing a constant rise in demand here. I think the main challenges to bitcoin going mainstream in China are the same as for everywhere else: It's to overcome people's natural misunderstanding (or lack of understanding) of Bitcoin. Bitcoin is just so different to anything else people are familiar with. They don't understand the importance of decentralization, the idea of no counterparty risk. The biggest hurdle to adoption right now is increasing understanding of bitcoin and why it's revolutionary and better than the currently available alternatives. https://www.reddit.com/r/Bitcoin/comments/5ene0s/ama_with_bobby_lee_cofounder_and_ceo_of_btcc_on/daie90u/ |
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On why BTCC Mint doesn’t sell empty coins that are loaded after the customer receives them: “There are two main reasons why we choose not to do this: 1) Loading of bitcoins through mining is actually a tricky business. There are times, due to fast mining of successive blocks, when the same address gets loaded twice. As a result, if we were to mine coins after selling them, we would need to charge more upfront (at least twice the face value), and then issue a refund. 2) I really want all of our physical bitcoins to contain loaded bitcoins, so that all people know that they can trust a BTCC Mint coin they receive as long as the hologram sticker is intact. This is to improve dependability and trust in our products. That's why it's not feasible, in my mind, to selectively mine to certain addresses once we get buyer confirmation that the coin has been received.” https://www.reddit.com/r/Bitcoin/comments/5ene0s/ama_with_bobby_lee_cofounder_and_ceo_of_btcc_on/daidy7e/ |
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On demand for BTCC Mint collectibles: “Sales for BTCC Mint are going very well! Hopefully, we'll continue doing this for the long term. I think physical bitcoins are very important for Bitcoin, and digital currencies in general, because it makes them tangible for everyday use, and makes Bitcoin instantly accessible to everyone. I cannot predict how long this continues. If demand stops, then the business cannot continue, obviously.” https://www.reddit.com/r/Bitcoin/comments/5ene0s/ama_with_bobby_lee_cofounder_and_ceo_of_btcc_on/daid8wy/ |
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On how BTCC Mint came to being: BTCC Mint has been over 1.5 years in the making. In late 2015, I had a conversation with my brother, Charlie Lee, who's also into Bitcoin collectibles. I floated the idea that BTCC could do the same and make physical bitcoins loaded with brand new uncirculated bitcoins from our mining pool. We imagined a whole series of coins and chips, from low denominations to the highest, a full block, known today as the Bitcoin Block. Since Casascius is no longer making coins, we saw a huge gap in the market, and wanted to offer the community the best in class physical bitcoins. https://www.reddit.com/r/Bitcoin/comments/5ene0s/ama_with_bobby_lee_cofounder_and_ceo_of_btcc_on/daicxt2/ |
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We'll be posting highlights of the AMA here on Bitcoin Talk. On private key security: “The security of BTCC Mint collectibles, specifically, the security of the private keys is very important to me. All keys are generated on an offline computer with a hard drive that has full disk encryption. They key files are never sent electronically over a network and are never copied onto any removable USB drives. I print them out once, and then delete the soft copies. Once printed out, paper copies are always handled under my direct supervision.” https://www.reddit.com/r/Bitcoin/comments/5ene0s/ama_with_bobby_lee_cofounder_and_ceo_of_btcc_on/daicenc/ |
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Hi everyone, the AMA has started now. Post your questions for BTCC CEO Bobby Lee to answer: https://bt.cc/mintama16 |
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Just a reminder to everyone that there's three days left until the auction ends. Happy bidding!
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This is a great idea. I know there are many questions that we as a community want to ask. Thanks for setting this up!!!  Thanks for giving us feedback! |
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