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Author Topic: Wooden Physical Bitcoins.  (Read 2924 times)
ironcross360 (OP)
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May 20, 2013, 10:49:08 PM
 #41

Well, ok..
I'm out for this.  Raw untreated wood with the private key etched into it and your word that you haven't kept it?  Thank you, but no thank you very much.

I'll buy a Casascius coin or make a paper wallet.

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
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ktttn
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May 20, 2013, 11:05:24 PM
 #42

Why do they call him ironcross360? Because when you read any of his threads, you turn 360 degrees and walk away.
*spintwirl*
*walkwalkwalk*
*bump*
Shutupandtakemymoney.jpg

I <3 this idea. Folks can profit from making their own money. This sort of lovelyness is whats gonna make btc go biggest-time.
I'd like to see mBTC and uBTC denominations, yo.

Wit all my solidarities,
-ktttn
Ever see a gutterpunk spanging for cryptocoins?
LfkJXVy8DanHm6aKegnmzvY8ZJuw8Dp4Qc
ironcross360 (OP)
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May 20, 2013, 11:07:47 PM
 #43

same here, If $1 was 1 satioshi id be rich

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
bennett616
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May 21, 2013, 01:22:37 AM
 #44

Why do they call him ironcross360? Because when you read any of his threads, you turn 360 degrees and walk away.

Hahaha Tongue

Andy B

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May 21, 2013, 10:32:47 AM
 #45

Don't you think(everyone who wants to create their own physical bitcoin) other people have tried to make physical coins? Casascius has it down. Period. He was the first and is the best. I'm pretty sure he manufactures his own blank/holos, and he has a detailed explanation of how generates keypairs offline, and in such a manner that its impossible for him to know a single key.

Do ANY of you have these capabilities or know what they entail?
I would be very surprised if ANY other physical bitcoin became popular-it'd have to be VERY special to compete with the original Casascius coin.

Anyone can say they want to create their own physical coin, or physical anything. All you need is to generate a keypair and turn it into a barcode-my grandma could do it.

To even get started, you'd have to find a LEGIT (tough in China!) vendor on ec21.com or something who makes custom rounds out of x material. You would also need to find someone to order custom holograms. And these things come with a minimal order that is NOT so minimal. So if you flop, you flop hard. There are the logistics of getting the actual physical materials you need, now you need to figure out how to generate keypairs without POSSIBLY seeing them (no one will trust you otherwise).

Not to sound like a dick, but I laugh whenever I see a post like this. Everyone LOVES to think they've come up with the "best new thing". But the thing is-[almost] no one even comes close.
ironcross360 (OP)
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May 21, 2013, 11:49:50 AM
 #46

I know manufacturers that make custom holograms
Don't you think(everyone who wants to create their own physical bitcoin) other people have tried to make physical coins? Casascius has it down. Period. He was the first and is the best. I'm pretty sure he manufactures his own blank/holos, and he has a detailed explanation of how generates keypairs offline, and in such a manner that its impossible for him to know a single key.

Do ANY of you have these capabilities or know what they entail?
I would be very surprised if ANY other physical bitcoin became popular-it'd have to be VERY special to compete with the original Casascius coin.

Anyone can say they want to create their own physical coin, or physical anything. All you need is to generate a keypair and turn it into a barcode-my grandma could do it.

To even get started, you'd have to find a LEGIT (tough in China!) vendor on ec21.com or something who makes custom rounds out of x material. You would also need to find someone to order custom holograms. And these things come with a minimal order that is NOT so minimal. So if you flop, you flop hard. There are the logistics of getting the actual physical materials you need, now you need to figure out how to generate keypairs without POSSIBLY seeing them (no one will trust you otherwise).

Not to sound like a dick, but I laugh whenever I see a post like this. Everyone LOVES to think they've come up with the "best new thing". But the thing is-[almost] no one even comes close.

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
greyhawk
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May 21, 2013, 01:11:50 PM
 #47

EVERYONE know manufacturers that do custom holograms. The problem is "volume". Unless you're going to manufacture (and SELL) several thousands of your coins designing a custom hologram is prohibitively expensive. There's a reason why they most don't publically quote prices for custom work. It's the old adage "If you have to ask, it's too expensive". Free hint: Most hologram manufacturers will not even touch a <10000 sticker order. 10000 stickers @2cm by 2cm will set you back about 1500 $.
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May 21, 2013, 01:20:02 PM
 #48

If you are serious about this I would take pre-orders to gauge interest. Personally I do not think the idea would be worthwhile because the niche has already been taken. It just seems too be a "how can I get onto the physical coin bandwagon.......I know I will just copy  Casascius idea and change the material......"

Good luck with the idea though Smiley

Andy B

ironcross360 (OP)
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May 21, 2013, 01:22:28 PM
 #49

No pre-orders yet, Dont want to take ANYONES Bitcoins yet just in case I turn around... But I can hire some people out here who are professional carvers too..

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
WishIStartedSooner
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May 21, 2013, 01:27:53 PM
 #50

I'd pay 3 LTC for a 1 LTC piece.
ironcross360 (OP)
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May 21, 2013, 01:30:00 PM
 #51

Hasent been made yet, And I can make custom coins

I'd pay 3 LTC for a 1 LTC piece.

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
luke.watson
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May 21, 2013, 01:30:56 PM
 #52

If you are serious about this I would take pre-orders to gauge interest. Personally I do not think the idea would be worthwhile because the niche has already been taken. It just seems too be a "how can I get onto the physical coin bandwagon.......I know I will just copy  Casascius idea and change the material......"

Good luck with the idea though Smiley

Andy B


The niche is by no means crowded but everyone with the physical coin idea lacks the ingenuity that Casacius showed with his v1 and has continued to express up to his v3 coins

If these were physical varnished well finished wooden coins I think they could be really great, but the impression i get is they'll be a piece of plywood cut into a circle with a logo poorly lasered onto the base with a half peeling sticked thrown on the back..

Ironcross if you can make a prototype and prove me wrong I will be more than happy to order a few but you'll have to impress me first, telling me it will cost extra to varnish it isn't the way to go about it    
ironcross360 (OP)
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May 21, 2013, 01:34:00 PM
 #53

Will make a prototype and send to you free. just pay shipping
If you are serious about this I would take pre-orders to gauge interest. Personally I do not think the idea would be worthwhile because the niche has already been taken. It just seems too be a "how can I get onto the physical coin bandwagon.......I know I will just copy  Casascius idea and change the material......"

Good luck with the idea though Smiley

Andy B


The niche is by no means crowded but everyone with the physical coin idea lacks the ingenuity that Casacius showed with his v1 and has continued to express up to his v3 coins

If these were physical varnished well finished wooden coins I think they could be really great, but the impression i get is they'll be a piece of plywood cut into a circle with a logo poorly lasered onto the base with a half peeling sticked thrown on the back..

Ironcross if you can make a prototype and prove me wrong I will be more than happy to order a few but you'll have to impress me first, telling me it will cost extra to varnish it isn't the way to go about it    

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
luke.watson
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May 21, 2013, 01:35:27 PM
 #54

Ok that sounds fair enough  Wink let me know when you have it ready
ironcross360 (OP)
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May 21, 2013, 01:35:49 PM
 #55

OK, Will lock thread till ready.

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
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