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phibay (OP)
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March 11, 2016, 02:47:03 AM
 #1

How many of you are holding funded physical Bitcoins? If so, what are your reasons for holding onto them? Do you see it as a collectible? What are you hopes for the future as far as how valuable they will be?

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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March 11, 2016, 02:56:47 AM
 #2

I hold a variety of physical bitcoins from most of the various retailers of them.  There are many reasons that I hold them.  They are incredibly beautiful first off.  Every single coin more shiny than the last and I absolutely love that.  Most are incredibly rare in todays markets, and that will only increase over time as more and more people get into bitcoin and want them.
They are also a really great way to store bitcoins.  I have various denominations that I know are safe, and its a great way to put away bitcoins for the future.
My main concern is that the bitcoin price will increase, but these will reduce in value proportionately and will be denominated in USD.  Who knows though. they are still really neat and fun to have around.

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March 11, 2016, 04:09:06 AM
 #3

Thank for opening this thread. I want to hold a physical bitcoin. Can anyone share any trusted resource from where I can buy one?

Also please let me know, is it possible to sell that physical coin whenever I want??


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March 11, 2016, 04:14:21 AM
 #4

Thank for opening this thread. I want to hold a physical bitcoin. Can anyone share any trusted resource from where I can buy one?

Also please let me know, is it possible to sell that physical coin whenever I want??


You can try going to this section "Collectibles" https://bitcointalk.org/index.php?board=217.0
There are also some at the "Auctions" Section https://bitcointalk.org/index.php?board=73.0
But I heard there are Physical Bitcoin nowadays that are made in China and there is no published article on how to spot a legit and counterfeit physical Bitcoin

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March 11, 2016, 04:14:26 AM
 #5

We've got a whole section dedicated to physical coins, the Collectibles subforum.
You'll find a lot more enthusiasts over there, than here in the plain bitcoin discussion board.

If you want to see a nice collection, check the one Mitchell aquired.

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March 11, 2016, 05:12:08 AM
 #6

I bought a $2.99 physical "bitcoin" from ebay awhile ago and pasted a small but scannable private key QR code at the back of it; placed it in a plastic coin holder/container, and print a transparent label with the public key to stick at the back holder- which made the QR code unscannable, but still "visible".

Of course this is my DIY and anyone who get hold of the coin can easily open the coin holder and scan the private key. It has a quarter BTC.
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March 11, 2016, 05:12:56 AM
 #7

I currently do not hold any physical coins, and chances are I will not hold them in the future. I don't really see a use for them aside for novelty, and I don't really have any connection to novelty items. They seem like an unnecessary expense most of the time.
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March 11, 2016, 05:24:01 AM
 #8

I bought a $2.99 physical "bitcoin" from ebay awhile ago and pasted a small but scannable private key QR code at the back of it; placed it in a plastic coin holder/container, and print a transparent label with the public key to stick at the back holder- which made the QR code unscannable, but still "visible".

Of course this is my DIY and anyone who get hold of the coin can easily open the coin holder and scan the private key. It has a quarter BTC.

Great idea you made your physical coin.Much better if you laminate the code,as moist may erased the printed writings.

For me, I like the idea of having a physical coin as a collection.Its a good reminder of its presence and a funded one can be considered as an investment.As we know,Bitcoin appreciate through time.

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March 11, 2016, 05:24:42 AM
 #9

It is just nice to have something in you hands instead of just thinking about them in you wallet.
I would buy some if I actually had a whole bitcoin to put into one of those physical coins.
I think it is pointless to have one if it doesn't hold any actual value = not having any thing on it.

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March 11, 2016, 05:27:53 AM
 #10

Graded ones are great to act as 'savings accounts'.

You can send more bitcoins to the address of the coin,
and if you ever need to spend them you destroy some
of the coin's collectors value, which is the incentive to
keep it intact.
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March 11, 2016, 05:30:07 AM
 #11

i don't have any physical coins yet. but i am thinking about buying at least one in the near future. i am still searching for a good one with a decent price.

and as for my reason, it is just to hold one as a collectible nothing else. it is a nice thing to hold and make a collection coins over the years.

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March 11, 2016, 05:37:12 AM
 #12

How many of you are holding funded physical Bitcoins? If so, what are your reasons for holding onto them? Do you see it as a collectible? What are you hopes for the future as far as how valuable they will be?



I don't have physical bitcoins. and if there someone sell it in my country, i will buy it for collection. My hopes for the future is Physical bitcoins accepted for paying or buying something,
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March 11, 2016, 05:44:53 AM
 #13

I don't have physical bitcoins. and if there someone sell it in my country, i will buy it for collection. My hopes for the future is Physical bitcoins accepted for paying or buying something,

Sir,are you fully aware what bitcoins are ? Surprisingly you're in BitMixer campaign.You just demolished the entire meaning of this forum/bitcoins/crypto currencies.

If Bitcoins were accepted as you wish like physically ,what difference would it make as compared to your regular coins ? See? Why make bitcoins if they simply do the same thing as your regular coins right ? There is a reason for it sir,we want to revolutionize and replace the physical coins thereby promoting the use of cryptocurrencies.Also those physical coins are just collectibles and some of them are wallets used to store the private keys.
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March 11, 2016, 06:09:55 AM
 #14

Started my collection of Physical Bitcoins only last year and I would say it's a unique kind of hobby. We may have heard of people collecting stamps, mugs and coins in every country they visit but collecting physical Bitcoin is different, you have to believe in Bitcoins before you will appreciate collecting Physical Bitcoins.
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March 11, 2016, 06:15:25 AM
 #15

I am always amazed by the cost over spot of PM physical bitcoins.
I can't imagine a 1BTC silver coin that cost say 3BTC rising significantly in price because of PM price appreciation, nor Bitcoin appreciation.

I get that they are rare, but I would pay a few $ over silver spot value for one + the BTC value + say 5%, but the actual costs always seems crazily high to me.
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March 11, 2016, 02:14:28 PM
 #16

I have few physical "bitcoin coins", but only one that have 1btc (and isn't a very expensive one) , the others only have some cents of bitcoin, or haven't any bitcoin or private key (blank wallets). I like them as collectionist product, and some like art product.
People that think that in a future they could pay with a physical bitcoin coin, don't understand what bitcoin is, and that physical bitcoins are only wallets.
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March 11, 2016, 02:54:52 PM
 #17

If you are looking for some, I have quite a few available. There is a link in my signature. I have others not listed there also, if there is something specific you want that isnt shown. Feel free to PM me. Happy to help, even if you are buying from someone else.

There are many options of physical cyrptocurrency coins for a wide variety of denominations (and as such budgets). Be warned .... once you start, it is hard to stop.
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March 11, 2016, 03:07:46 PM
 #18

I wanna get one soon. I'm not interested in anything other than Casascius. That's the gold standard and that's the face of bitcoin to the rest of the world in a way so they'll be the ones worth my money.

Some of the others are kinda cool but they're nothing but curios in comparison. No one's gonna care about them or know what they are in 5-10 years. They'll be lumps of metal with a bitcoin stuck to them.

I don't see how some of the premiums can hold if the price rises but I don't really care. I want one as a long term investment. Even if bitcoin itself dies they'll have historical value.

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March 11, 2016, 03:14:14 PM
 #19

Not yet, but can't wait to load two of these bad boys up with as much BTC as possible, target is 10.5 (21 Total) for my twins. Also anticipating a 3 piece silver set from a different mint and load it with 2000, 1000, 500 LTC.

I was always into coins growing up, so its kinda nostalgic for me. If I have too much coin in my hot wallets I tend to make (a) make stupid bets, (b) make stupid trades, or (c) give it away to people.

A physical coin makes me WAY less likely to do that.

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March 14, 2016, 11:15:36 AM
 #20

How many of you are holding funded physical Bitcoins? If so, what are your reasons for holding onto them? Do you see it as a collectible? What are you hopes for the future as far as how valuable they will be?



I have two funded physical bitcoin, sincerely i have bought them to store my bitcoin and don't use it for long time.
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