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Just jumping in real quick, colouring of this one is really well done!
Do you mind sharing some info on how exactly you created this? If it's with different coloured threads, this must be a ton of work.
Also, consider selling it without a frame - will be much easier and cheaper for inernational shipping.
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Haven't heard much of our good AlpenCoin Frank recently. Still very much hoping for a fully silver bar.  This one's still missing in my collection, so here we go: 0.0203 |
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There might be something more behind Binance's pauses on withdrawals. According to some people in social media, the exchange recently experienced the largest net outflow of bitcoin. More than 175,000 bitcoins were withdrawn. I checked this in cryptoquant.com and it appears to be true. Anyone can open a free account and confirm for yourselves.
Nice spot, wasn't aware of that. Just checked on CoinGlass and shows the same data. I assume this pause on withdraws isn't soley because high transaction fees - as I stated elsewhere, they can still offer withdrawals just with a much higher cost - but also probably moving some coins from cold storage to a hot wallet, that I imagine requires the right people in the office to make the transaction. The main takeaway I'm getting from this situation with mempool and now Binance withdrwals is that Bitcoin is experiencing high demand while exchanges balances have now reached new multi-year lows. FYI Withdrawals have now been resumed: https://twitter.com/binance/status/1655419622764720128(I just checked and it's a fixed rate at 0.001 BTC ~$28)Thanks for your quick reply in the other thread: https://bitcointalk.org/index.php?topic=5437787.new#newGlad to hear it was just a short "glitch", still makes me wonder, a massive business such as binance with their own miners and nodes running - shouldn't they be able to provide a priority-line for their exchange transactions? Yes, they would miss out on some of the high-fees they could otherwise rake in if they wouldn't prioritize their own transactions. But isn't that a price you should be willing to pay to maintain a stable and reliable monopoly-exchange such as Binance? Just a thought. |
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This news is always irrelevant. Binance should just offer their clients withdrawals based on the current estimated cost and time, like they usually do. They are just trying to "protect" their customers from paying high fees, which in reality isn't protection at all. It's usually just a CZ-based attempt to encourage users to withdraw via Binance chain imo. Nothing more than a selfless plug.
As for the current topic, have read a bit more into the whole "ordeal". I still see nothing wrong and only high demand. I get that it can be frustrating for average users wanting to make transactions to either have to wait or pay high gas fees, but if you're going to use Bitcoin, you should be aware that this can be the case. As I said before, otherwise use Lightning network. Ideally this will help drive further adoption. Also on a selfish note the last month or so has been pretty boring for Bitcoin imo. This actually makes it more interesting in my opinion. Miners must be having a blast with transaction fees per block that have higher than the 6.25 block reward. I did used to think that it was possible that block rewards going so low could reduce hash rate growth over-time, so looks like this situation has removed that theory. Wtf, is the "halt-of-BTC-withdrawals" still going on? This is, as you pointed out correctly, total nonesense. They should just offer different fee options for withdrawal (long waiting time, low fee, medium fee, medium waiting, high fee, high priority), with maybe a warning prompt for newbs to make them understand that the current transaction situation is most likely a temporary thing. Just make sure they understand their withdrawal amount justifies the fees that come with it. Not allowoing withdrawals at all is a heavy restriction in everyone dealing with Bitcoin on Binance. |
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Got me to check up on the infamous Who-Is-Satoshi-Debate. There is quite a bit of circumstancial evidence that SN was indeed Hal Finney: *I'd politely ask to please edit your post to remove this link*
It's advisable not to contribute to (or provide links to) such speculation. Whoever satoshi may have been, they're considered wealthy beyond reason. With such a vast fortune seemingly unclaimed, you're effectively painting a target on the backs of Hal Finney's surviving relatives. Something he certainly wouldn't have wanted. Show him respect by not endangering his loved ones. Even in death, people seemingly can't have peace these days.  Removed the link. While I get where you are coming from with your statement, I don't really think it's something that can / will really help to protect any family members in the sense that all this info is publicly available and people will continue to specualte. For a good reason, humans are curious and with such a massive invention like Bitcoin, this will sooner or later be part of public mainstream-knowledge. Including all the possible scenarios to who SN could most likely be. |
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This "attack" on Bitcoin will never stop, because it does not suit the agenda of the people that are behind the "FUD" and misinformation. They can be faced with the facts, like you posted here and they will simply ignore it, because they will cherry pick the data that will further their agenda.
Nah. It will stop immediately if only there's one or more company from the crypto-industry that would pay the Guardian for advertising. FUD would stop immediately, and if the money is right, they'd change the tone 180 degrees on a whim. The only problem is that Bitcoin doesn't have a strong lobby. Haha damn, that's a pretty grim outlook at the world. But I guess you may be fundamentally right. I do think, however, that Bitcoin's lobby is already there, even though no centralized company is pumping a huge chunck of their revenue directly into advertising. Since many more larger investment firms are involved, the urge to have a more positive / realistic perception of the facts surrounding Bitcoin has increased and will continue to do so. |
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Although I agree with the sentiment, I really think we should be pushing more of a 'you do you' kind of thing.
Possibly you want to hold, I want to trade, and that other person over there wants to get BTC so he can buy stuff.
We should be helping people do what they want with no preconceived notions.
Yes, we can point out the good / bad / ugly of what they may or may not want to do. But beyond that, it's their coin. Do with it as they want.
-Dave
Exactly this. I also believe, for annyone looking into Bitcoin without any of the idealistic/political motives, it's just a matter of time for them to get at least a basic understanding of where Bitcoin comes from in the first place and its potential for political/societal change. Welcoming any positive adoption (except Ordinals - not true adoption, more comparible to spam-emails xD) is the way to go. BUT we shouldn't forget that simply HODLing/owning Bitcoin could also be a kind of political movement, because its features could make Bitcoin weaken or break down political strongholds.
It might be premature to call it a revolutionary movement, but what were the motivations of the early cypherpunks when they were building their tools? Satoshi's message in the Genesis Block is also political.
Bitcoin is no longer a non-political issue for governments. Years ago, they did not care about it too much but many years ago, CIA already spent $3000 for Gavin to present about Bitcoin to CIA. It is political. Last few weeks, Gensler, Chair of SEC. had to make a testimony at the USA. Congress, it's political. In the USA. 2024 President Election and propaganda before it, Bitcoin will be one of political issues for President candidates and their campaigns to run to the White House. You are right, Bitcoin has been on the radars of governments for a while now and is still gaining more awareness from these powerful institutions. While generally any established systems tend to see fundamental change as a threat, there are and will be exceptions that hopefully will alaways give enough breathing-room for the core fundamentals of Bitcoin to succeed. |
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I think anyone who made it past 9th grade would hopefully choose the 1073 BTC option over 1 BTC. Cute little puzzle you created, could be used to introduce kids to power-calculation. "this is all about understanding the conversion rate of bitcoin to sats." - I disagree, it's mostly about understanding accumulated interest. In this case the interest rate is 100% daily. Pretty decent rate, please recommend that bank to me.  |
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Wonderful shoutout to a true legend.
One of the sentiments I tend to repeat: Some day in the future we will see the bitcoin whitepaper published in schoolbooks. Hopefully with a big mention of Hal Finney, too.
Got me to check up on the infamous Who-Is-Satoshi-Debate. There is quite a bit of circumstancial evidence that SN was indeed Hal Finney, but I removed the link on request out of respect to Hal Finney and family.
It's not really a secret though, so don't really believe it makes a (huge) difference.
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What can also be done is to encrypt a private key and then send this private key to the manufacturer. He can now print this private key onto the collectible and will not have access to the funds even if he has bad intentions and records the private key (has happened a lot lately). This will however require a long password, since bruteforcing the password is still possible by the manufacturer.
Generally this is not a way to store your bitcoin for long term.
Yes, and that's one of the very few methods that are kind of secure regarding direct 3rd party risk. However it subtracts so much of the "value" of a collectible crypto coin because: - you now have two "items" you need to take care of: The physical coin itself PLUS the password. - a reselling of such an item is now even more complicated. A prominent example of a similar approach are the Titan Mint 2FA coins - it required the use of a second key submitted via a website-form to access the private key. Now that the website is down, any 2FA items cannot be redeemed anymore. Read more in the collectibles section on the topic: https://bitcointalk.org/index.php?topic=5369583.0 |
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Any mintage numbers on the different series?
These are actually 3 different lots, right? - You posted 2x lot 2, just for your information, probably a copy-paste thing you overlooked.
Lot 2: 0.003
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@Cryptogreatdane Thanks for pics and info. Seen before but wasn't really aware of v1 at all and still missing v2 in my collection. You all are great! Thank you.
I was not aware of the non funded v1. I did grab the v3 already and have it In hand… impressive for sure, I don’t think the photos do it justice.
I have had enough PM’s sent to settle my WTB add.
Thanks everyone for your information, support and messages! They have been very informative.
Since OP hs already been served: before creating a big WTB thread just a quick shoutout to anyone who WTS a v2, shoot me a pm. Preferably a trade, but maybe would also buy one for the right price. |
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"Clay pokerchips fused with the private keys to 0.001BTC of virgin uncirculated bitcoin. BTCC is of one of the top and most elite and prestigious manufacturers in physical crypto from 2016. BTCC chips hold a heft and weight unmatched by the more familiar and prevalent satori token. The contrast of white fired clay fused with advanced and secure cryptographic storage makes these some of the finest and most exquisite collectable pieces of all time. The holograms are bright, vibrant, unserialized."
-- Eclipse33
The way you describe these things should convince any yet-non-collector to instantly become one.
Lot 2: 0.004
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Can we have someone chime in with a pic of Mr Bitpoly (v1/v2?). Was it a coin or some special-shaped one?
Regarding elevator 3, shoot me a pm with your offer if still looing for one.
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0.025
I am still waiting for that high-res print boocklet featuring Eclipse collectibles.
These photos are among the very few that actually do these incredible pieces of art some justice.
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Kialara is my most favorite collectible even though I’m just lurking around here because I can’t afford owning one. I think your raffle will be swarm by a lot of interest if ever you will manage to make a deal with them for a customized wallet. All of their art is stunning and a gem. Ofc I’m suggesting this to make me have a chance to own one for free. Official website: https://kialara.com/Omg, a kialara custom wallet would certainly draw A LOT of attention. You would be sure to have made a lasting impression. Most coin-mixers don't last that long, so maybe not what you are looking for? But even if Max were to do such a project it will be on the steeper side of things in regards of funding. His products are pieces of art and mostly hand crafted. |
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Hello,
I am curious about the technology behind physical coins.
1/ How can I encrypt/seal a private key ? Meaning that the buyer of the physical coin can be 100% sure that I do not know his future private key.
2/ Is there any difference between manufacturing a loaded physical coin versus unloaded physical coin ?
I want to encourage you to check out the collectible section of the forum if you haven't already. https://bitcointalk.org/index.php?board=217.0Physical Bitcoin have been around for around 12 years now. Most of them are based on a simple trust system: You trust that the maker would destroy their private keys after assembling the collectible (coin) - usually the priv key is simply printed on a piece of (ideally durable) paper and hidden under a "tamper-proof" hologram. Often these coins are sold "loaded", meaning a certain amount of Bitcoin is indeed stored at the address behind the private key. However this approach is ofc in a way the opposite of what Bitcoin stands for - suddenly the trustless system relies on trusting a 3rd party again. There haven been many debates about this type of physical crypto coins, but they still have their (niche) place in the world of Bitcoin. The way o_e_l_e_o described is probably one of the safer routes - however not very feasible for larger scale projects - it also reduces simplicity and resellability of such items, so there are some clear drawbacks despite the improved security. |
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