Bitcoin GEOCACHE in Iceland FREE money!! GAME CONCLUDED

[Kprawn]

Iceland is so remote, no wonder people have not claimed it yet.   ... Cannot wait for this to take off and someone doing this in my

neighbourhood.   This sparked an idea with me, and a bunch of us {weekend campers} went out and did something similar. The kids

found the treasure within an hour, and it was so popular... we had to create another treasure and let them search for it again. Thanks OP,

we had a whale of a time doing this.  

[Nobitcoin]

Wow, 30 days and nobody collected the money? 

Considering how people will solve captchas all day to make pennies, I am a little surprised that this wallet is still there. (Or at least I think it is, the money has not changed addresses). I know that it is not enough to fly to Iceland. Still, there are no rules here and anyone could partner up or something to get a cut of the loot. I will soon open this up to a wider audience by publishing it on geocaching.com.

Geocaching.com kinda sucks by the way.  To publish a cache you have to take a quiz, follow a bunch of rules and wait forever for a reviewer to OK your cache. However once it is done I suspect the money will promptly disappear. So make your plan now and claim your treasure!

If no one wants it I will take it off your hands 

[RodeoX]

60 days and no one picked up this money yet. As I write this the cache is worth over $80!

[eternalgloom]

60 days and no one picked up this money yet. As I write this the cache is worth over $80!

Well, there are only around 300.000 people living in Iceland, so I'm guessing there's only a handful of people actually looking and aware that this exists.

In a few weeks or so, I'm thinking of doing something like this in my own country, Belgium. I think that one might even be found before this one

[digicoinuser]

Will the caches value increase over time if no one finds it?  I like the idea and wish I could get out there to see the beautiful landscapes, amazing photos!   

[Barbut]

Great idea, how did this fall on your mind to do? Do you just wish to spread the word, or there is some deeper meaning in all this? Maybe you own the shop or cafe that accept bitcoins, so these people will come to your place most likely.
Anyway great thing, I respect your words, at least they will learn about bitcoin if they didn`t know for them before, and they can enjoy playing your interesting game I can say.

[Milkduds]

Could see some one flying over to Iceland now that we have more flights heading there from Canada.
Once the upward tick of bitcoin becomes more evident the rush should happen,interesting no one has picked it up though.

[RodeoX]

Well, there are only around 300.000 people living in Iceland, so I'm guessing there's only a handful of people actually looking and aware that this exists.

In a few weeks or so, I'm thinking of doing something like this in my own country, Belgium. I think that one might even be found before this one

Yes, not a lot of people on the island. However there is at least 1 huge bitcoin mine within a few kilometers of the cache.

Will the caches value increase over time if no one finds it?  I like the idea and wish I could get out there to see the beautiful landscapes, amazing photos!   

As long as bitcoin value rises it will go up. Even if it goes up very high I will leave it there until 2018. If no one claims it by then I will assume the ocean has claimed it.

Great idea, how did this fall on your mind to do? Do you just wish to spread the word, or there is some deeper meaning in all this? Maybe you own the shop or cafe that accept bitcoins, so these people will come to your place most likely.
Anyway great thing, I respect your words, at least they will learn about bitcoin if they didn`t know for them before, and they can enjoy playing your interesting game I can say.

Thank you for your kind words. I just like promoting bitcoin. I get nothing back except being part of this revolution in finance. I just thought it would be a fun game.

Could see some one flying over to Iceland now that we have more flights heading there from Canada.
Once the upward tick of bitcoin becomes more evident the rush should happen,interesting no one has picked it up though.

If you fly Iceland air to Scandinavia they have a great deal on a stopover in Iceland, I think it's free. Even if you had just a short layover you could reach this spot with a 5-10 min. cab ride.

[Kakmakr]

Can we have a new one, whilst this one is still running? Hopefully the new one will not be that remote. Did you promote this only on this forum or did you promote it on social media too? The success of this is dependent on the exposure it gets, and how many people hear about this.

This thread stays on the front page for only a few days, when it gets bumped or only a few hours depending on the traffic in this section. It is actually strange that they have not moved it yet to the Games & Rounds section. 

[RodeoX]

Can we have a new one, whilst this one is still running? Hopefully the new one will not be that remote. Did you promote this only on this forum or did you promote it on social media too? The success of this is dependent on the exposure it gets, and how many people hear about this.

This thread stays on the front page for only a few days, when it gets bumped or only a few hours depending on the traffic in this section. It is actually strange that they have not moved it yet to the Games & Rounds section.  

I plan on doing this again and in a less remote location. I almost left one in Vancouver last week. As far as promotion... I only advertised it here. I was going to post at geocacheing.com but found out what a ridiculous system they had and gave up after two weeks of trying to get approval.
You also have a point about this being in the games section. I posted it here first because I thought it would go in hours. It later evolved into more of a game.

[DimensionZ]

Iceland's landscape is surreal and looks like it's out of this Earth. I hope to get the chance to visit the country some day.
By the way my family have a trip planned to visit Norway next year in September and we will be going on a cruise to explore the Norwegian fjords. I would love it if you could plant some new bounties around this region 
Jokes aside, I have an idea. Why don't you place new caches in the farthest locations of Europe? Like for example a cache in the northernmost, southernmost, easternmost and westernmost points of continental Europe? I think it will inspire budding travelers to make the effort to find these caches during their travels. Just an idea mate.

[RodeoX]

100 days and no takers yet!

It is still there just waiting for you to come up with a plan. No strings, no rules. Just take it and it's yours.

[yayayo]

100 days and no takers yet!

It is still there just waiting for you to come up with a plan. No strings, no rules. Just take it and it's yours.

I would not be surprised if it would take more than a year. Iceland is not densely populated and the probability of an Bitcoiner from Iceland becoming aware of this thread is pretty low. And just booking a flight to Iceland to search for $ 80 worth of Bitcoin is not an attractive option by now. Maybe when Bitcoin surpasses $10k it will become more attractive for foreigners as well.

Maybe you should consider announcing your hidden treasure on other platforms (reddit or Bitcoin news sites) as well. That would increase the probability of search and discovery. This thread has just been read about 1600 times - that's simply not enough exposure considering that many people open the thread repeatedly.

Anyway, great idea!

ya.ya.yo!

[The End Is Neigh]

100 days and no takers yet!

It is still there just waiting for you to come up with a plan. No strings, no rules. Just take it and it's yours.

Don't worry, it won't be there forever. The second this becomes profitable for me I'll book a flight and get to have a vacation with your bitcoins paying the way

[RodeoX]

100 days...

I would not be surprised if it would take more than a year. Iceland is not densely populated and the probability of an Bitcoiner from Iceland becoming aware of this thread is pretty low. And just booking a flight to Iceland to search for $ 80 worth of Bitcoin is not an attractive option by now. Maybe when Bitcoin surpasses $10k it will become more attractive for foreigners as well.

Maybe you should consider announcing your hidden treasure on other platforms (reddit or Bitcoin news sites) as well. That would increase the probability of search and discovery. This thread has just been read about 1600 times - that's simply not enough exposure considering that many people open the thread repeatedly.

Anyway, great idea!

ya.ya.yo!

You may very well be right. I was worried it would only take hours and would go too fast, silly me.
Even though there are not a lot of bitcoin users in Iceland there are mega-mines right in the same town as this cache. So I know some people there know about it.  Where are they?
Maybe I will announce this in some other places. I was hoping that someone here would get it though. In any case it will be there until 2018. Unless the sea claims it.

Don't worry, it won't be there forever. The second this becomes profitable for me I'll book a flight and get to have a vacation with your bitcoins paying the way

lol, yes. I am keeping it there even if it rises in price to a million USD.
You may also want to look into Iceland air if you fly to Europe. They have a layover deal that let's you stop in Iceland. Since this cache is only 15mins. from the airport you could grab it with a cab ride. You may even be able to walk there.

[TheWallStreetCrew]

Needs much larger prizes.

[digicoinuser]

Needs much larger prizes.

I believe anybody can send funds to the wallet to increase the prize, 0.1BTC is what RodeoX contributed.  

https://blockchain.info/address/1E481Lk1L1hSb9ZsJu3Smcqtg6tKpVmKcq

[RodeoX]

Needs much larger prizes.

I believe anybody can send funds to the wallet to increase the prize, 0.1BTC is what RodeoX contributed.  

https://blockchain.info/address/1E481Lk1L1hSb9ZsJu3Smcqtg6tKpVmKcq

You sir are correct!
However it may not be a great idea. Here is why.
I have a copy of the private key that controls this balance. The reason I kept a copy is in case this is never claimed. It could be destroyed by the ocean or weather or whatever. If no one claims it by 2018 I will assume it is gone and move the cache to another place on the earth. At that point it would be very hard to return any additional funds sent to the address. So you would have to commit to giving those funds away even if it means they are moved to another location later. You would also have to trust me not to just take the funds. I'm not going to do that, but you don't know me and blind trust is not a bitcoin value.
 

[Kprawn]

Needs much larger prizes.

I believe anybody can send funds to the wallet to increase the prize, 0.1BTC is what RodeoX contributed.  

https://blockchain.info/address/1E481Lk1L1hSb9ZsJu3Smcqtg6tKpVmKcq

You sir are correct!
However it may not be a great idea. Here is why.
I have a copy of the private key that controls this balance. The reason I kept a copy is in case this is never claimed. It could be destroyed by the ocean or weather or whatever. If no one claims it by 2018 I will assume it is gone and move the cache to another place on the earth. At that point it would be very hard to return any additional funds sent to the address. So you would have to commit to giving those funds away even if it means they are moved to another location later. You would also have to trust me not to just take the funds. I'm not going to do that, but you don't know me and blind trust is not a bitcoin value.
 

If you remove the funds from that address, you should leave a note/message to inform people on why this was done. Yes, it should be

removed if it is unclaimed for too long, but just in case someone does find it and access that address... then they will know why it was moved.

In future, when you do this, I would include a message with the stash, to tell anyone that this treasure has a expiry date. 

[eternalgloom]

100 days...

I would not be surprised if it would take more than a year. Iceland is not densely populated and the probability of an Bitcoiner from Iceland becoming aware of this thread is pretty low. And just booking a flight to Iceland to search for $ 80 worth of Bitcoin is not an attractive option by now. Maybe when Bitcoin surpasses $10k it will become more attractive for foreigners as well.

Maybe you should consider announcing your hidden treasure on other platforms (reddit or Bitcoin news sites) as well. That would increase the probability of search and discovery. This thread has just been read about 1600 times - that's simply not enough exposure considering that many people open the thread repeatedly.

Anyway, great idea!

ya.ya.yo!

You may very well be right. I was worried it would only take hours and would go too fast, silly me.
Even though there are not a lot of bitcoin users in Iceland there are mega-mines right in the same town as this cache. So I know some people there know about it.  Where are they?
Maybe I will announce this in some other places. I was hoping that someone here would get it though. In any case it will be there until 2018. Unless the sea claims it.

If you post this on geocaching.com it will get found pretty fast I think, most caches there don't last more than a couple of days, even in some pretty remote areas.
I've done this a few times myself. Too bad I don't live in Iceland