http://www.ibtimes.co.uk/facebook-spotify-ryanair-could-accept-bitcoin-today-following-bitpay-adyen-deal-1486361and confirmed on CoinDesk: http://www.coindesk.com/bitpay-partners-1-5-billion-international-payment-startup-adyen/Facebook, Spotify and Ryanair could accept bitcoin from today following BitPay deal Payments platform Adyen has integrated with the world's leading bitcoin payment processor BitPay Over 3,500 merchants around the world use Adyen to process transactions Anthony Cuthbertson By Anthony Cuthbertson February 3, 2015 10:05 GMT193 348 bitcoin bitpay adyen BitPay's partnership with Adyen opens up more than 3,500 merchants around the world to the possibility of easily integrating bitcoin payments(Flickr/ CC) Advertisement Payments platform Adyen has integrated with the world's leading bitcoin payment processor BitPay, opening up the possibility for Facebook, Spotify, Ryanair and thousands of other merchants using Adyen to accept bitcoin. More than 3,500 merchants around the world use Adyen to process transactions, including four of the five largest US internet companies. "It's such a great partnership," said Sonny Singh, chief commercial officer at BitPay, speaking to IBTimes UK. "Adyen's focus on e-commerce is perfect for bitcoin. It means firms don't need to overcome the integration issues with bitcoin as it will now be already included in their existing infrastructure." UK-based games developer Jagex will be the first to enable bitcoin payments for its customers through Adyen, though Adyen's BitPay integration will mean any merchant using the platform will be able to easily allow bitcoin payments in the future. It is understood that a major US-based firm will follow in Jagex's lead by accepting bitcoin in the coming months through Adyen. The Netherlands-based firm processed $25 billion (£16.5bn) in transactions in 2014 and recently raised $250m in a Series B funding round that valued the company at $1.5bn. "Interest in bitcoin continues to grow among merchants," said Roelant Prins, chief commercial officer at Adyen. "As a business focussed on merchant needs, we are excited to give merchants the ability to securely accept bitcoin payments, alongside over 250 payment methods and 187 transaction currencies that we currently offer." BitPay already supports bitcoin payments for a number of high-profile companies, including Microsoft, WordPress, Gyft and Virgin Galactic. According to the latest estimates from BitPay more than 100,000 merchants around the world now accept bitcoin. Of these merchants, 53% accept the cryptocurrency using BitPay. "Merchants choosing Adyen and BitPay will receive all the advantages of working with a stable, scalable payments platform, where bitcoin is seamlessly integrated into the Adyen payments flow, reporting, and settlement," said Tony Gallippi, BitPay's Co-founder and Executive Chairman. "Adyen is a great company and a strong partner to help expand bitcoin adoption worldwide."
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http://www.cbsnews.com/news/does-bitcoin-still-matter-age-of-cryptocurrency/Bitcoin has a marketing problem. Talk of the digital currency has petered since its introduction in 2009, and much of what remains hasn't been good for P.R. Discussions about Bitcoin can sound like inscrutable technobabble to non-adherents (most people fall into this category), and the system has been dogged by hacking and fraud, making a concept that is hard to wrap your head around also hard to get behind. But the establishment in late January of the first regulated U.S.-based Bitcoin exchange, by Coinbase, a major broker, may help legitimize the Bitcoin and protect investors. The second such exchange is in the works, fronted by Cameron and Tyler Winklevoss, two of the largest-known holders of Bitcoin currency. "Bitcoin has a sales job to getting people to trust it, which is ironic because it was set up to be a trustless system," said Paul Vigna, who co-wrote with Michael J. Casey "The Age of Cryptocurrency: How Bitcoin and Digital Money are Challenging the Global Economic Order," released Jan. 27. "It is sort of opaque and hard to understand and esoteric because it is so new." About $50 million worth of Bitcoin transactions are done on an average day, a drop in the bucket compared with the tens of billions performed by the likes of Mastercard and Visa, but not a negligible amount. Businesses such as Overstock.com are beginning to accept Bitcoin as a payment option and some companies even pay employees in Bitcoin. For better or worse, Bitcoin is not going away any time soon, and Casey and Vigna contend that digital currency could change the global economic landscape and prevent financial collapse. Or not. Either way, there are some good reasons not to ignore it -- even if you want to. Bitcoins are just as meaningful (and meaningless) as dollars The mere concept of Bitcoin is hard to grasp, in large part because there's nothing, literally, to hold onto. But, Casey argues, "Money doesn't have to be tangible to have intrinsic value." We think of a dollar bill as having value because we know the value of a dollar. In truth, a dollar is just a token that represents the trust you put in the government that its value will be upheld. Moreover, most of our transactions don't happen in cash anyway. And just like any currency, the dollar could collapse, however hard that might be to imagine. "The difference of Bitcoin is it's a piece of software," Vigna told CBS News. "It replaces trust with software and math. You don't have to 'believe' in the system, because the system is being proven." They're not regulated by banks or the government The earliest pioneers of cryptocurrency founded the movement on libertarian principles of freedom from central authority. They believed it could "fundamentally alter the nature of corporations and of government interference in economic transactions," ending a reliance on central banks. Bitcoin is open-source and fully decentralized, controlled by algorithms and policed by its users. "Many decided it was better to trust this inviolable-algorithm-based system than the error- and fraud-prone human beings that run the large institutions at the center of the old monetary system," the authors wrote in their book. If the 2008 banking crisis taught them anything, it was that "the centralization of money is destructive and that attempts to change that from within would fail. The solution could only be true decentralization, by coming up with a brand-new, rebel monetary system" -- the system we see today, exemplified by Bitcoin, but including hundreds of other, smaller so-called alt-coins. Right now it takes three days to pay for a pizza When you walk into a pizza shop to pay for a pie, there are many people and institutions in on the transaction beside you and Papa John. While you're at the counter, your information is sent to a front-end processor, which locates the bank that issued your card and confirms validity and that there are sufficient funds. The bank's payment processor gives the OK, which the front-end processor passes along to the pizza shop's bank. That's when the "authorized" message pops up at the register. You grab the box and head home, but the transaction is far from over. The pizza place's bank will give it the money for your pizza, then request -- via a clearinghouse network -- reimbursement from your bank, which will only release the funds after its fraud team deems the transaction kosher. If there's anything fishy, they'll start an investigation. The whole process can take three business days. With Bitcoin, it's just payer and receiver. "Two people can send money to each other in 10 seconds" -- even across oceans -- "and the cost is nil and the whole thing is confirmed inside of 10 minutes instead of three days like the banking system, which includes a half dozen institutions," said Vigna. "That's the real innovation; it takes the system that exists and digitizes it, puts it online and takes out the costs and waiting." It could elevate the billions of "unbanked" out of poverty "Roughly 2.5 billion adults in the world don't have access to banks, which means somewhere on the order of 5 billion people belong to households that are cut off from a financial system that we take for granted," Casey and Vigna wrote. They don't have checking accounts, or savings, and can't get a credit card. "They remain effectively walled off from the global economy." For these billions of the "unbanked," Bitcoin could be the towrope that pulls them into financial solvency. They may not have bank accounts, but almost all of them have a phone -- and that's all you really need. It only takes an Internet connection to store, send and receive Bitcoins. And if your phone doesn't have 4G, services are cropping up that act as the middleman, translating a simple SMS text message into a monetary transaction, for a small fee. "If you can text," Casey said, "you can offer them a way to bootstrap themselves into the 21st century."
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@ducatitalia , news about the situation ? Does he repay you or not ?
This is the latest communication from oscarftw from Jan 29: Gonna fix this soon. Having some difficulties will be closed tonight or tomorrow I guess
Hoping he comes through---Would be such a shame to ruin a senior level account over this small loan. I've offered to try and work something out to assist...awaiting his response.. |
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Accepting ur terms wallet address is.
12EQWqkCgv8UoMtTPAJ7wN7mHZdAauqocf
Oscarftw--sent you this courtesy note on January 25 with no response: Hello There--a courtesy reminder that your 0.3 BTC loan is due to be repaid interest free by 12 midnight GMT tomorrow, January 26. Repayment address is: 1MVJXkHcubUtfgzMfyEzJTSrC76UtTbtJt Reference link: https://bitcointalk.org/index.php?topic=871938.msg10205779#msg10205779Loan Details as agreed: Borrowing Member: oscarftw Loan Date: January 19, 2015 Loan Amount: 0.3BTC Amount to be Repaid: 0.3BTC Due: January 26, 2015 Late Fee: 0.1BTC for each day late Your loan repayment is now 2 days late. This loan is now in default. Negative feedback left and noticed here: https://bitcointalk.org/index.php?topic=938996.msg10288307#msg10288307Please contact me asap to resolve. |
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Honeypot...I'm sure you can understand that given the ongoing account challenges you are having with forum mods and Maidak's lack of response, I am going to have to put a hold on this transaction until everything is cleared up and resolved. Reference link: https://bitcointalk.org/index.php?topic=931143.msg10224334#msg10224334The risk and challenge level parameters of this potential loan have changed significantly given the new and evolving details regarding your account/accounts. One of the driving forces for approval is the trust rating associated with your Honeypot account...if this account is now banned and/or limited, then a major approval criteria has been eliminated. Unfortunately, given the change of circumstances, loan underwriting criteria has not been met at this point. Please do keep me posted should things get resolved, as I would certainly be willing to reevaluate the situation and reconsider a future potential loan, if it could be helpful at some other point in time. Thank you again for reaching out to me for assistance.
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Interesting read from Joichi Ito, Director of the MIT Media Lab. Bitcoin evolution parallels to the dawn of the Internet are striking, but will Bitcoin really prove to be as disruptive and transformative long term...only time will tell... https://www.linkedin.com/pulse/why-bitcoin-isnt-like-internet-joichi-itoWhy Bitcoin is and isn't like the InternetIn the post that follows I’m trying to develop what I see to be strong analogues to another crucial period/turning point in the history of technology, but like all such comparisons, the differences are as illuminating as the similarities. I'm still not sure how far I should be stretching the metaphors, but it feels like we might be able to learn a lot about the future of Bitcoin from the history of the Internet. This is my first post about Bitcoin and I’m really looking more for reactions and new ideas than trying to prove a point. Feedback and links to things I should read would be greatly appreciated.I’m fundamentally an Internet person -- my real business life started around the dawn of the Internet and for most of my adult life, I’ve been involved in building layers and pieces of the Internet, from helping start the first commercial Internet service provider in Japan to investing in Twitter and helping bring it to Japan. I’ve also served on the boards of the Open Source Initiative, the Internet Corporation for Names and Numbers (ICANN), The Mozilla Foundation, Public Knowledge, Electronic Privacy Information Center (EPIC), and been the CEO of Creative Commons. Given my experiences in the early days of the net, it’s possible that I’m biased and everything new looks like the Internet. Having said that, I believe that there are many parallels between the Internet and Bitcoin and there are many lessons from the Internet that can help provide guidance in thinking about Bitcoin and its future, but there are also some important differences. The similarity is that Bitcoin is a transportation infrastructure that is decentralized, efficient and based on an open protocol. Instead of transferring packets of data over a dynamic network in contrast to the circuits and leased lines that preceded the Internet, Bitcoin’s protocol, the blockchain, allows trust to be established between mutually distrusting parties in an efficient and decentralized way. Although you could argue that the ledger is “centralized”, it’s created through mechanical decentralized consensus. The Internet has a root -- in other words, just because you use the Internet Protocol doesn’t mean that you’re necessarily part of the Internet. To be part of THE Internet, you have to agree to the names and numbers protocol and root servers that are administered by ICANN and its consensus process. You can use the Internet Protocol and make your own network, using your own rules for names and numbers, but then you’re just a network and not The Internet. Similarly, you can use the blockchain protocol to create alternative bitcoins or alt.coins. This allows you to innovate and use many of the technological benefits of Bitcoin, but you are no longer technically interoperable with Bitcoin and do not benefit from the network effect or the trust that Bitcoin has. Also like the beginning of the Internet, there are competing ideas at each of the levels. AOL created a dialup network and really helped to popularize email. It eventually dumped its dialup network, its core business, but survived as an Internet service. Many people still have AOL email accounts. With crypto-currencies, there are coins that don’t connect to the “genesis block” of Bitcoin -- alt.coins that use fundamentally the same technology. There are alt.coins that use slightly different protocols and some that are fundamentally different. On top of the coin layer, there are various services such as wallets, exchanges, service providers with varying levels of vertical integration -- some agnostic to whichever cryptocurrency ends up “winning” and some tightly linked. There are technologies and services being built on top of the infrastructure that use the network for fundamentally different things than transacting units of value, just as voice over IP used the same network in a very different way. In the early days of the Internet, most online services were a combination of dialup and x.25 a competing packet switching protocol developed by Comité Consultatif International Téléphonique et Télégraphique, (CCITT), the predecessor to the International Telecom Union (ITU), a standards body that hangs off of the United Nations. Many services like The Source or CompuServe used x.25 before they started offering their services over the Internet. I believe the first killer app for the Internet was email. On most of the early online services, you could only send email to other people on the same service. When Internet email came to these services, suddenly you could send email to anyone. This was quite amazing and notably, email is still one of the most important applications on the Internet. As the Internet proliferated, the TCP/IP stack, free software that anyone could download for free and install on their computer to connect it to the Internet, was further developed and deployed. This allowed applications that ran on your computer to use the Internet to talk to other programs running on other computers. This created the machine-to-machine network. It was no longer just about typing text into a terminal window. The file transfer protocol (FTP) and later Gopher, a text-based browsing and downloading service popular before the web was invented, allowed you to download music and images and create a world wide web of content. Eventually, permissionless innovation on top of this open architecture gave birth to the World Wide Web, Napster, Amazon, eBay, Google and Skype. I remember twenty years ago, giving a talk to advertising agencies, media companies and banks explaining how important and disruptive the Internet would be. Back then, there were satellite photos of the earth and a webcam pointing at a coffee pot on the Internet. Most people didn’t have the imagination to see how the Internet would fundamentally disrupt commerce and media, because Amazon, eBay and Google hadn’t been invented -- just email and Usenet-news. No one in these big companies believed that they had to learn anything about the Internet or that the Internet would affect their business -- I mostly got blank stares or snores. Similarly, I believe that Bitcoin is the first “killer app” of The Blockchain as email was the killer app for the beginning of the Internet. We are in the process of inventing eBay, Amazon and Google. My hunch is that The Blockchain will be to banking, law and accountancy as The Internet was to media, commerce and advertising. It will lower costs, disintermediate many layers of business and reduce friction. As we know, one person’s friction is another person’s revenue. One of the main things we worked on when I was on the board of ICANN was trying to keep the Internet from forking. There were many organizations that didn’t agree with ICANN’s policies or didn’t like the US’s excessive influence over the Internet. Our job was to listen to everyone and create an inclusive and consensus-based process so that people felt that the benefits of the network effect outweighed the energy and cost of dealing with this process. In general we succeeded. It helped that almost all of the founders and key technical minds and technical standards organizations that designed and ran the Internet worked together with ICANN. This interface between the policy makers and the technologists -- however painful -- was viewed as something that wasn’t great but worked better than any of the other alternatives. One question is whether there is an ICANN equivalent needed for Bitcoin. Is Bitcoin email and The Blockchain TCP/IP? One argument about why it might not be the same is that ICANN fundamentally had to deal with the centralization caused by the name space problem created by domain names. Domain names are essential for the way we think the Internet works and you need a standards body to deal with the conflicts. The solutions to Bitcoin’s centralization problems will look nothing like a domain name system (DNS), because although there is currently centralization in the form of mining pools and core development, the protocol is fundamentally designed to need decentralization to function at all. You could argue that the Internet requires a degree of decentralization, but it has so far survived its relationship with ICANN. One other important function that ICANN provides is a way to discuss changes to the core technology. It also coordinates the policy conversation between the various stakeholders: the technology people, the users, business and governments. The registrars and registries were the main stakeholders since they ran the “business” that feeds ICANN and provides a lot of the infrastructure together with the ISPs. For Bitcoin it’s the miners -- the people and companies that do the computation required to secure the network by producing the cryptographically secure blockchain at the core of Bitcoin -- all in exchange for bitcoin rewards from the network itself. Any technical changes that the developers want to make to Bitcoin will not be adopted unless the miners adopt them, and the developers and the miners have different incentives. It’s possible that the miners have some similarities to the registrars and registries, but they are fundamentally different in that they are not customer-facing and don’t really care what you think. As with ICANN, the users do matter and are key for the network effect value of Bitcoin, but without the miners the engine doesn’t run. The miners aren’t as easy to identify as the registrars and registries and it’s unclear how the dynamics of incentives for the miners will develop with the value of bitcoin fluctuating, the difficulty of mining increasing and the transaction fees being market driven. It’s possible that they will develop into a community with a user interface and a governance function, but they are mostly hidden and independent for a variety of reasons that are unlikely to change for now. Having said that, one of the first publicly traded Bitcoin companies is a miner. The core developers are different as well. The founders of the Internet may have been slightly hippy-like, but they were mostly government-funded and fairly government-friendly. Cutting a deal with the Department of Commerce seemed like a pretty good idea to them at the time. The core Bitcoin developers are cypherpunks who do what they do because they don’t trust governments or the global banking system and are trying to build a distributed and autonomous system, one that is impervious to regulation and meddling by anyone at any time. At some level, Bitcoin was designed to not care what regulators think. The miners have an economic interest in Bitcoin having value, since that’s what they’re paid in, and they care about scale and the network effect, but the miners probably don’t care if it’s Bitcoin or an alt.coin that ends up winning, as long as their investments in hardware and plant don’t disappear before they make a return on their investment. Regulators clearly have an incentive to influence the rules of the network, but it’s unclear whether the core developers really need to care what the regulators think. Having said that, without some sort of buy-in by regulators, it’s unlikely to scale or have the mainstream impact that the Internet did. Very much like the early days of the Internet, when we saw the power of Internet email but hadn’t yet invented the Web, we are just imagining the potential uses of concepts such as crypto-equity and smart contracts … to name just a few. I believe it’s possible that over-regulation could cause Bitcoin or the blockchain to never achieve its full potential and remain a feature of the side-economy, much in the same way that the Tor anonymizing system is extremely valuable to people who really need privacy but not really used by “normal people”... yet. What helped make the Internet successful was the lack of regulation and the generally inclusive and permissionless nature of innovation. This was driven in large part by free and open source software and the venture capital community. The question I have is whether the fact that we’re now talking about “money” and not “content,” and that we seem to be innovating at a much higher speed (venture capital investment in Bitcoin is outpacing early Internet investments), the dialog in popular media is growing, and governments are very interested in Bitcoin makes this a completely different game. I think ideas like the five-year moratorium on Bitcoin regulation proposed by US Representative Steve Stockman are a good idea. We really have no idea what this whole thing is going to turn into, so a focus on dialog versus regulation is key. I also believe that layer unbundling and innovation at each layer, assuming that the other layers will sort themselves out, is a good idea. In other words, exchanges and wallets that are coin-agnostic or experiments with colored coins, side chains and other innovations that are “unbundled” as much as possible allow the learnings and the systems created to survive regardless of exactly how the architecture turns out. It feels a lot to me like when we were arguing over ethernet and token ring -- for the average user, it doesn’t really matter which we end up with as long as in the end it’s all interoperable. What’s different is that there is more at stake and it’s moving really fast, so the shape of failure and the cost of failure might be much more severe than when we were trying to figure out the Internet and a lot more people are watching. |
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oscarftw made the following loan request: Hello
I d like to have 0.3 BTC with %5 rate for 7 days. Please check my trust feedback for confidence. TY
This loan is approved interest-free if repaid by 12 Midnight GMT on Monday, January 26. A late fee of 0.1 BTC will be assessed for each day repayment is late. Loan Details: Borrowing Member: oscarftwLoan Date: January 19, 2015 Loan Amount: 0.3 BTC Amount to be Repaid: 0.3 BTC Due: January 26, 2015 Late Fee: 0.1 BTC for each day late oscarftw, please confirm that these details are acceptable to you. If so, please provide funding address here and loan will be made. Thank you. |
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Loan Amount: 2 BTCRepayment date: On or before February 5th (early payments accepted ) Interest rate: 20% Repayment amount:2.4 BTCPayment Recieved @ 1WoodsK2opYcWJd1mD5in9D3Pct2PpBf1Repayment to be sent to: 1MVJXkHcubUtfgzMfyEzJTSrC76UtTbtJt (dedicated repayment address to keep track of payments between now and due date) Reason: So i can finally get the new wood lathe needed to start making some of the larger art pieces the bitcoin community keeps asking for like coins over 11" and Water Pipes over 30" long. Thanks Ducatitalia!!!!! Approved and confirmed--details and loan funding to follow shortly... 2 BTC loan funded to 1WoodsK2opYcWJd1mD5in9D3Pct2PpBf1 Transaction verification: https://blockchain.info/tx/a5426c29f03087295840433b3d7bd9dea0661b6152d8dc90d3199f7c8151e5edLoan Amount: 2 BTC Amount to be Repaid: 2.4 BTC (if late, an additional 0.1 BTC to be paid for each day after due date). Due: Midnight GMT on February 5, 2015 Positive Trust will be left by both lender and borrower upon loan repayment and successful transaction completion. At borrower's request, dedicated repayment address is: 1MVJXkHcubUtfgzMfyEzJTSrC76UtTbtJt Please confirm receipt and that all details are agreeable. LOAN HAS BEEN REPAID IN FULL ( https://blockchain.info/address/1MVJXkHcubUtfgzMfyEzJTSrC76UtTbtJt ) As agreed upon in the terms trust feedback will be left Ducatitalia please confirm. Thank You !!!! Loan has been repaid in full, well before the due date of Feb 5. Thank you WoodCollector. |
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Confirming both 0.2 BTC and 1.2 BTC payments received. 1 BTC left to be repaid. |
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Just managed to catch this thread and place an order in the nick of time. Stock went from 34 to zero in about 10 minutes. Coupon code worked, but Bitpay invoicing did not, requiring a rebuild of my order. Second time around, the coupon code no longer worked, but it did confirm that the order was placed before stock ran out.
Great piece Mike--your much anticipated next release certainly doesn't disappoint.
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Please send collateral and terms detail for consideration... 1 BTC loan made to Honeypot at 15% interest, due to longer repayment time-frame and risk analysis. Final repayment of 1.15 BTC to be repaid by midnight GMT on December 14, 2014. Maidak holding collateral in escrow. Liquidation condition if repayment is not made on time by the maturity date of December 14, 2014. Positive Trust will be left by both lender and borrower upon loan repayment and successful transaction completion. Honeypot, please confirm. Confirmed. I have just made repayment as we agreed - forgive me for the 'abberration' from the deadline by 3.5 hours, but I am glad it all worked out and you have been repaid your principle + interest. Will leave a positive feedback. TxId: e7e6440ba13ee5ff9ad4343606069e3da5639fea5508168e071d5cdcc96e091f Confirmed--thank you for the great communication and pleasant transaction! Positive trust left and received--thank you again. |
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Please send collateral and terms detail for consideration... 1 BTC loan made to Honeypot at 15% interest, due to longer repayment time-frame and risk analysis. Final repayment of 1.15 BTC to be repaid by midnight GMT on December 14, 2014. Maidak holding collateral in escrow. Liquidation condition if repayment is not made on time by the maturity date of December 14, 2014. Positive Trust will be left by both lender and borrower upon loan repayment and successful transaction completion. Honeypot, please confirm. Confirmed. I have just made repayment as we agreed - forgive me for the 'abberration' from the deadline by 3.5 hours, but I am glad it all worked out and you have been repaid your principle + interest. Will leave a positive feedback. TxId: e7e6440ba13ee5ff9ad4343606069e3da5639fea5508168e071d5cdcc96e091f Confirmed--thank you for the great communication and pleasant transaction! Positive trust left and received--thank you again! |
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Nice call way back when molecular. Hehe, thanks. Who'd have thought they would sell for thousands of dollars way back then, though. Thanks for digging that up joecooin. Thinking about those days always shows how far we've come since. Market has been slow for Casascius (including Casacius), as BTC has cooled off...2011 S1 have been selling in the 3-7BTC range depending on grade. 2011 S2 are more likely worth around 2BTC.
Thanks for this wrapup. I'm a bit 'out of the market'. I've wondered when would be the best time to sell one or two 2011 S1s (for BTC) and I've come to the conclusion that it's probably most profitable to sell on ebay during a hype and hope for exaggerated price, then buy bitcoin with the fiat... even with the extreme ebay / paypal fees it could be the best option. What do you think? That would indeed seem to be the best strategy, and Ebay is a good bridge to the masses. But selling during hype and hope as you put it, will be the key. I've seem some beautiful coins go for way below what most would consider respective market value, during down times like we have now. But if/when BTC rallies back towards previous highs and beyond, I'm guessing the masses will be scrambling to get their hands on whatever BTC they can find, especially given Bitcoin's now more elevated, and to some degree, even mainstream awareness. I'm further thinking that when the mass influx of outsiders and newcomers do finally buy into BTC (likely precipitated by significant fiat exchange rate increases or some other global catalyst), many will want something physical to hold onto...and while there are many options, Casascius is most certainly the standard in that regard, given its added numismatic value and storied position within the Bitcoin ecosystem. Seems most of the Casascius collectors around here have rightfully decided to just hold their coins, rather than sell at drastically reduced multiples. As such, we've generally seen a bit of a stall-out in the number of Casascius transactions taking place. But much like real estate, these things move in cycles...and at some point, it will be a seller's market again. |
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Commissioned by: ducatitaliaMaterial: Grade AAAA Cocobolo with Purpleheart base Price: $750 usd Transcend into the reimagination of economics...the reinvention of finance...the transition from centralized exploitation to individual empowerment as ducatitalia once said. This piece represents the infinite movement of BTCitcoin as it elicits curiosity into places unknown. Transcendence was carved from Cocobolo wood imported from Costa Rica. Unable to be portrayed through photography, Transcendence moves while standing still as the high oil content of Cocobolo wood emits an iridescence much like a tigers eye stone or a hologram. Thank you to ducatitalia for allowing me the opportunity to create this beautiful representation of Bitcoins infinite movement. Sincerest thanks to WoodCollector for considering my crazy ideas, for being willing to take on this commissioning and for putting so much passion and energy into this unique BTC art piece. This work will display proudly and prominently as a statement of Bitcoin's infinite movement and evolution, and will indeed stand as a symbol of transition from centralized exploitation to individual empowerment. For anyone potentially interested in having an art piece created...I highly recommend WoodCollector without hesitation. His talent speaks for itself, and I can assure you that you are dealing with someone at the top of their craft...I feel honored to have had the chance to work with him. Just bought lighting for the display and will post pictures as soon as possible. Finally had an opportunity to take a few images on display...here is a slideshow. |
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You are dealing with a master artisan here... I commissioned Transcendence from WoodCollector and the experience could not have been more compelling and rewarding. What a great guy...we are fortunate to have him share his talents with the Bitcoin Ecosystem. The artist has exceptional communication skills and readily listens to your ideas and vision. He then has the ability to build on this foundation and take the piece to exceptional heights. If you take a look at a few of his past works, the mastery of craft is obvious...but it's the ability to translate and convey the vision that was unexpected. I reiterate my previous comments: Sincerest thanks to WoodCollector for considering my crazy ideas, for being willing to take on this commissioning and for putting so much passion and energy into this unique BTC art piece. This work will display proudly and prominently as a statement of Bitcoin's infinite movement and evolution, and will indeed stand as a symbol of transition from centralized exploitation to individual empowerment. For anyone potentially interested in having an art piece created...I highly recommend WoodCollector without hesitation. His talent speaks for itself, and I can assure you that you are dealing with someone at the top of their craft...I feel honored to have had the chance to work with him. Here are a few images...if you'd like to see more detail, you can view the slideshow. As it is displayed:  Wonderful color and texture, contrasted next to another Cocobolo art piece found in Costa Rica:  The hand-carved detail is astonishing:  |
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Look out guys, going to have some big art pieces coming your way really soon !!!!!!
How many (will) have the typo?
