Bitcoin Forum
December 12, 2017, 09:16:30 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: is it possible to mint Bitcoin ?  (Read 1273 times)
niceman4you
Jr. Member
*
Offline Offline

Activity: 42

Be a good person


View Profile WWW
August 27, 2016, 04:39:41 PM
 #1

 is it possible to mint  physical Bitcoin  and use it for purchases in countries like USA,UK,Canada and Europe ?

nice to meet you
1513070190
Hero Member
*
Offline Offline

Posts: 1513070190

View Profile Personal Message (Offline)

Ignore
1513070190
Reply with quote  #2

1513070190
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513070190
Hero Member
*
Offline Offline

Posts: 1513070190

View Profile Personal Message (Offline)

Ignore
1513070190
Reply with quote  #2

1513070190
Report to moderator
1513070190
Hero Member
*
Offline Offline

Posts: 1513070190

View Profile Personal Message (Offline)

Ignore
1513070190
Reply with quote  #2

1513070190
Report to moderator
Nimbulan
Hero Member
*****
Offline Offline

Activity: 588


View Profile
August 27, 2016, 08:21:42 PM
 #2

is it possible to mint  physical Bitcoin  and use it for purchases in countries like USA,UK,Canada and Europe ?
you mean like in markets? if yes then i really doubt that though if you will do digital payments and just print a wallet private key on it then you can do that in some shops

odolvlobo
Legendary
*
Offline Offline

Activity: 1974



View Profile
August 27, 2016, 08:25:16 PM
 #3

It is possible to mint physical bitcoins. There are already many different physical bitcoins. Check this forum: https://bitcointalk.org/index.php?board=217.0

As for spending, there are some challenges:

1. Physical bitcoins are expensive. Would you pay someone 1 BTC with a coin that cost you 1.1 BTC?
2. The possibility of counterfeiting limits acceptance.

Either way, a physical bitcoin is an ironic anachronism. That's why collectors like them.

Buy bitcoins with cash from somebody near you: LocalBitcoins
Join an anti-signature campaign: DannyHamilton's ignore list
unamis76
Legendary
*
Offline Offline

Activity: 1386


View Profile
August 27, 2016, 08:25:51 PM
 #4

There are physical Bitcoins, but you can't really use them for purchases, unless you agree with the seller that that's the way you're paying him.
20kevin20
Sr. Member
****
Offline Offline

Activity: 350


View Profile
August 27, 2016, 08:32:48 PM
 #5

As the Bitcoin price is constantly changing, buying BTC physical Coins would mean no profit for you. Also, transactions made through wallets are way safer and you are anonymous.
yueno
Sr. Member
****
Offline Offline

Activity: 266

Yueno


View Profile
August 28, 2016, 01:02:40 AM
 #6

Absolutely yes because it is money
jvper
Hero Member
*****
Offline Offline

Activity: 490


DECENT Witness and Day One ICO Investor


View Profile
August 28, 2016, 01:03:58 AM
 #7

Anonimity is not 100% in bitcoin, since everyone who knows your wallet can trace your deposits and withdrawals.

           ▄▄▄▄▄▄▄▄▄▄▄▄
       ▄▄█▀▀ ▄▄▄▄▄▄▄▄▄ ▀▀█▄▄
     ▄█▀ ▄▄█████████████▄▄ ▀█▄

    █▀ ▄███████▀   ▀███████▄ ▀█
   █ ▄████████▀     ▀████████▄ █
  █ ▄████████▀       ▀████████▄ █

 █ ▄████████▀    █    ▀████████▄ █
▄▀▄█████        ▄█▄        █████▄▀▄
█ ██████▀▀▀     ███     ▀▀▀██████ █

█ ██████▄▄     ▄███▄     ▄▄██████ █
█ ███████▀     ▀▀▀▀▀     ▀███████ █
▀▄▀█████▀                 ▀█████▀▄▀

 █ ▀███▀      ▄▄▄▄▄▄▄      ▀███▀ █
  █ ▀██      █████████      ██▀ █
   █ ▀██▄  ▄███████████▄  ▄██▀ █

    █▄ ▀███████████████████▀ ▄█
     ▀█▄ ▀▀█████████████▀▀ ▄█▀

       ▀▀█▄▄ ▀▀▀▀▀▀▀▀▀ ▄▄█▀▀
           ▀▀▀▀▀▀▀▀▀▀▀▀▀
AppCoins










[.
WHITEPAPER
][.
CROWDSALE
]
The Pharmacist
Hero Member
*****
Offline Offline

Activity: 994


Democratizing Global Trade - ICO NOW LIVE


View Profile
August 28, 2016, 01:41:25 AM
 #8

Absolutely yes because it is money
That's absolutely untrue.  You can mint whatever the hell you want. You can mint a platinum turd if you so desired, but you would not be able to spend it at Home Depot.  I think you're just spamming BS.

Speaking of that, I'm very skeptical of OP's intentions on this forum.  I strongly suspect that he's account farming and/or trying to scam by loan request.  I don't think I'm just being paranoid.


            ▄▄▄▄▄▄▄▄▄
        ▄███████████████▄
     ▄█████████████████████▄
   ▄█████████████████████████▄
  █████████████████████████████
 ███████████████████████████████
▐██████   ▀████▀  ▐▌       █████▌
██████▌    ▀█▀    ███▌  █████████
██████  ▐▄    ▄  ▐███  ▐█████████
█████▌  ██▄ ▄█▌  ███▌  █████████▌
▐███████████████████████████████
 ▀█████████████████████████████
   ██████████████████████████▀
    ▀██████████████████████▀
       ▀████████████████▀▀
           ▀▀▀▀▀▀▀▀▀▀















▬▬  ▬▬  ▬▬  ▬▬  ▬▬
White Paper
▬▬  ▬▬  ▬▬  ▬▬  ▬▬
7788bitcoin
Hero Member
*****
Offline Offline

Activity: 770



View Profile
August 28, 2016, 11:37:38 AM
 #9

Bitcoin is virtual currency. Yes, you can mint the ones like the Casascius coins. However, once it is spent, it has no value anymore. And no one can guarantee that a second backup of the private keys is not being keep by the person who mint the coins...

.MOYΛ NETWORKS.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀  ▀▀  ▀▀▀▀  ▀▀
                    ▄▄█████▄
                 ▄███████████▄
               ▄██████████████
             ▄█████▀▀   ▀█████             ▄▄▄▄▄             ▄▄
           ▄████▀        █████          ▄████████▄         ▄██▀
         ▄████▀          ████         ▄████▀▀▀▀███      ▄███▀
       ▄████▀           ▄████       ▄████▀     ████  ▄████▀
      ▄███▀             █████     ▄████▀        ███████▀
     ▄███▀              █████   ▄████▀           ▀███▀
    ███▀                ▀████▄█████▀
  ▄███▀                  ▀██████▀▀
 ███▀                      ▀▀▀▀
███▀
MOYANWHITEPAPERMOYAN
.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
...FACEBOOK     TWITTER     LINKEDIN...
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
jaesonma
Member
**
Offline Offline

Activity: 100


View Profile
August 28, 2016, 11:51:57 AM
 #10

Bitcoin is virtual currency. Yes, you can mint the ones like the Casascius coins. However, once it is spent, it has no value anymore. And no one can guarantee that a second backup of the private keys is not being keep by the person who mint the coins...

LOL, bitcoin can be minted too, there are physical bitcoins, some for gifts, some can be spent in real life.
mobnepal
Hero Member
*****
Offline Offline

Activity: 868


View Profile
August 28, 2016, 01:11:09 PM
 #11

Yes it is possible but it is not like coins/paper notes of fiat , as physical bitcoins are just a collective items where information regarding bitcoin address is placed. And we can also say paper wallet of bitcoin as paper notes but it also has potential of loading and unloading bitcoin out of it.  Cheesy

icecube45
Hero Member
*****
Offline Offline

Activity: 798


View Profile WWW
August 28, 2016, 01:47:57 PM
 #12


Yes it is possible but it will be very difficult. Because the price of bitcoin always fluctuated in a sizable amount. That would result in prices that are unstable and may not be suitable for mint the physical of bitcoin. I think just as a Bitcoin digital currency because it has the potential to be great.
Herbert2020
Legendary
*
Offline Offline

Activity: 1064



View Profile
August 28, 2016, 01:59:19 PM
 #13

the question is why would you want to do that, otherwise it is possible to do it. and as odolvlobo said there are already some physical coins available.

but in my opinion bitcoin was created so you wouldn't need physical money and all these physical coins are more of a collection for bitcoin enthusiasts rather than a way of spending it offline.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
2legit2
Sr. Member
****
Offline Offline

Activity: 378


View Profile
August 28, 2016, 03:34:21 PM
 #14

Absolutely yes because it is money
uhmm physical bitcoins without the bitcoins loaded in it definitely are not money at all, though it is definitely possible to mint bitcoins

avikz
Hero Member
*****
Offline Offline

Activity: 742



View Profile
August 28, 2016, 03:36:19 PM
 #15

If you are the government then surely you can mint whatever you want, but if you are an individual like me, then no, you can't.

In small scale definitely you can and sell that physical bitcoin to anyone as a memento, but it is impossible on large scale. All the enforcement agencies will be behind your ass.

    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   
   ████████████████████████████████  
     ▀██████████████████████████▀    
        ▀████████████████████▀       
          ████████████████▀         
            █████████████           
            ▀████████████▀           
             ▀██████████▀            
              ██████████             
               ████████              
               ▀██████▀              
                ██████               
                  ▀                  
.
.trade.io.
██████
██████
███
███
███
███
███
███
███
███
███
██████
██████

▄██████████████████▄
███       ▀███████
███       █████████
███       █████████
███       █████████
███              ██
███   ▄▄▄▄▄▄▄▄   ███
███   ▄▄▄▄▄▄▄▄   ███
███              ███
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄███
██████████████████▀

▄██████████████████▄
███████████▀ ███████
█████████▀   ███████
███████▀     ██▀ ███
███ ▀▀       █▄▄████
███          █▀▀▀▀██
███ ▄▄       ███████
██████▄     █▄ ▀███
█████████▄   ███▄███
███████████▄ ███████
▀██████████████████▀

▄██████████████████▄
████████████████████
███████████████▀▀ ██
█████████▀▀     ███
████▀▀     ▄█▀   ███
███▄    ▄██      ███
█████████▀      ▄██
█████████▄     ████
█████████████▄ ▄████
████████████████████
▀██████████████████▀
██████
██████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
██████
██████
.
.Join the Trading Revolution.
ronaldo40
Legendary
*
Offline Offline

Activity: 1022


"Proof-of-Asset Protocol"


View Profile
August 28, 2016, 03:43:24 PM
 #16


Yes it is possible but it will be very difficult. Because the price of bitcoin always fluctuated in a sizable amount. That would result in prices that are unstable and may not be suitable for mint the physical of bitcoin. I think just as a Bitcoin digital currency because it has the potential to be great.

possible and very difficult? I think this is impossible because bitcoin has no physical.
but maybe if they make a new coin to compete with bitcoin.

| 
 
50
| 




                       ▄
           ▄▄▄▄▄▄███████
▄▄▄▄█████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████

█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
▀▀▀▀█████  █████████████
           ▀▀▀▀▀▀███████
                       ▀
| 
 
$1,5 M
|


        ▄▄▄█████████▄▄▄
      ▄█████▀▀███▀▀█████▄
    ▄███▀     ███     ▀███▄
   ████       ███       ████
  ███▀                   ▀███
 ███▀                     ▀███
▄██▀       █████████       ▀██▄
███                         ███
███        █████████        ███
███                         ███
▀██▄       █████████       ▄██▀
 ███▄                     ▄███
  ███▄                   ▄███
   ████       ███       ████
    ▀███▄     ███     ▄███▀
      ▀█████▄▄███▄▄█████▀
        ▀▀▀█████████▀▀▀
 
|
 
<>
<>
<>
<>
 
GITHUB
TWITTER
YOUTUBE
FACEBOOK
raphma
Sr. Member
****
Offline Offline

Activity: 350



View Profile
August 28, 2016, 03:44:25 PM
 #17

1. too expensive
2. most places dont even know what bitcoin is..

want to spend some in your daily use? go for a bitcoin debit card.

shinratensei_
Hero Member
*****
Offline Offline

Activity: 784



View Profile
August 28, 2016, 11:56:07 PM
 #18

is it possible to mint physical Bitcoin and use it for purchases in countries like USA,UK,Canada and Europe ?
No, because that is already off the purpose of bitcoins, and I think that is will become expensive comparing with their a real value.

,
████████████████
██            ██
██  ████████  ██
██  ██    ██  ██
██  ████████  ██
██            ██
████████████████
                ▄▄▄▄▄▄▄
            ▄▄███████████▄▄
        ▄▄███████████████████▄▄
    ▄▄███████████████████████████▄▄
  ▄█████████████████████████████████▄
 █████████████████████████████████████

▐███ ▀▀█████████████████████████▀▀ ███▌
▐████▀▄  ▀▀█████████████████▀▀  ▄▀████▌
▐████▄ ▀▄   ▀▀███████████▀▀   ▄▀ ▄████▌
▐█████▀▄       ▀███████▀       ▄▀█████▌
▐██████ ▀     ▐▀▀▀   ▀▀       ▀ ██████▌
▐████████      ▀▄▄▀▀▄         ████████▌
▐█████████▄          ▀▄    ▄▄█████████▌
 ████████████▄▄        ▀▄▄████████████

  ▀█████████████▄     ▄█████████████▀
    ▀▀█████████████▄█████████████▀▀
        ▀▀███████████████████▀▀
            ▀▀███████████▀▀
                ▀▀▀▀▀▀▀
.LaLa World.
──── www.lalaworld.io
,
████████████████
██            ██
██  ████████  ██
██  ██    ██  ██
██  ████████  ██
██            ██
████████████████
.25th November.
.P R E - I C O..
,,
████████████████
██            ██
██  ████████  ██
██  ██    ██  ██
██  ████████  ██
██            ██
████████████████
dQpey
Newbie
*
Offline Offline

Activity: 8


View Profile
August 29, 2016, 12:02:05 AM
 #19

of course it is possible, a lot of people actually do it some times
Doubler Disburser 232515
Member
**
Offline Offline

Activity: 117


View Profile
August 29, 2016, 12:13:28 AM
 #20

Someone could hand you a coin with the words "One BitCoin" written on it, but unless you had access to the block chain to verify that the Wallet Address did indeed have BTC 1.0 in it, then you would have to really trust the person offering you the coin.

If you had access to online, then why the need for a coin?  So that it can jingle in your pocket?

At least with printing a Paper Wallet you have a QR code you can scan and verify the contents of the Wallet.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!