[WTS] 1oz .999 Silver NastyFans Minted Seats

[ManeBjorn]

Thanks for the heads up.
I was thinking of waiting a bit.
If I can swing it after I pay lightfoot I will get some.

I just signed up at NastyFans.
I have to save up some BTC to get going but this site looks great and the coins look amazing.  I cannot wait to get one.
 

Unless it has changed, if you don't have any seats your account will be deleted after 24 hours. No big deal you can create another one, but just a heads up in case that happens you know why. Its not that we don't like you!

[MikeMark]

@ OgNasty

I logged in and bought a seat. I like your setup for NastyFans. It's a good way to achieve a funding goal. However I'm wondering if the minted coin price is based upon a USD to MtGox pricing. MtGox is way off (about $370 vs $650 elsewhere or 57% lower) right now and the price of the coin seems very high to me. If you are intending to price based upon your fiat cost, the calculation may be way off (by about 70% high right now).

At any rate, I'm interested in your minted coins, but not at that price. Even with potential "collector value" involved, they are priced way too high, in my opinion. If there was a chance they would become filled with their cost in BTC I might feel differently. However, at current rates, if there were no increase in difficulty, it would take a very long time for them to become filled with their cost in BTC.

If I'm reading something wrong here or misinformed, inform me. I'll be happy to edit or yank this post.

-MikeMark

[OgNasty]

@ OgNasty

I logged in and bought a seat. I like your setup for NastyFans. It's a good way to achieve a funding goal. However I'm wondering if the minted coin price is based upon a USD to MtGox pricing. MtGox is way off (about $370 vs $650 elsewhere or 57% lower) right now and the price of the coin seems very high to me. If you are intending to price based upon your fiat cost, the calculation may be way off (by about 70% high right now).

At any rate, I'm interested in your minted coins, but not at that price. Even with potential "collector value" involved, they are priced way too high, in my opinion. If there was a chance they would become filled with their cost in BTC I might feel differently. However, at current rates, if there were no increase in difficulty, it would take a very long time for them to become filled with their cost in BTC.

If I'm reading something wrong here or misinformed, inform me. I'll be happy to edit or yank this post.

-MikeMark

It will take even longer for a Casascius coin to reach the BTC paid for it, or any coin in existence.     I'd say what makes this coin special is that it actually has a chance of reaching more in it's denomination than it's cost.  No other coin in mankind's history (to my knowledge) has that possibility.

Our pricing formula (which is a mixture of USD and BTC values) is based on mtgox rates.  I understand your complaint and hopefully when mtgox resumes withdrawals, things will return to normal.  If there continues to be a wide spread between exchanges for much longer, we will look into using another exchange.

[MikeMark]

Excellent answer.

I will wait.

Thank You,

-MikeMark

[smooth]

The MtGox price is even more absurd now. I guess the issue with using another exchange price is technical (API)?

MikeMark if you want to buy a NastyFans seat coin, I'll sell you one of mine at the issue price using the Bitstamp price. PM if interested.

[OgNasty]

The MtGox price is even more absurd now. I guess the issue with using another exchange price is technical (API)?

The pricing formula has been updated to use the blockchain.info rate.  Thanks nonnakip!  That should have dropped the price.  I'll look into how the formula can be adjusted to maintain a little more balance during these price swings. 

[palomint]

OgNasty, really looking forward to seeing the coins!

I also sent a bit to your sig address, but PMs aren't sending for me at the moment...  will try again soon.  Zip = 97219

[OgNasty]

More than 100 seats have now been minted!

[ManeBjorn]

That is a cool milestone congratulations.   

More than 100 seats have now been minted!

[OgNasty]

Coins now available for sale to non-members!
NASTYFANS.ORG/MINT


Also added the engraving video to the second post in this thread.
NastyFans Physical Bitcoin Seat Engraving Video

[dangerkid]

do you ship worldwide? norway/sweden? bulk amounts?

[OgNasty]

do you ship worldwide? norway/sweden? bulk amounts?

Yes, I will ship worldwide.  I typically ask international orders to take pity on me and send 0.02 BTC to the address in my signature for each international order.  I have no problem shipping bulk amounts, but there are less than 400 coins left for purchase at the moment.

[OgNasty]

Scott Fargo from Cryptocoinsnews.com did a piece on the NastyFans Seat Coin.  Check it out.

[ManeBjorn]

That is a wicked little video.  I may add the link to the article if it's ok?

Coins now available for sale to non-members!
NASTYFANS.ORG/MINT


Also added the engraving video to the second post in this thread.
NastyFans Physical Bitcoin Seat Engraving Video

[boomertoo]

Just received my silver coin in the mail yesterday its just awesome a real work of art 
Thanks

[ThunderSheep]

That coin looks sexy!  I cannot wait for mine to arrive.

[Spearmint]

To save me from signing up. How much are these currently going for?

Thanks

[smooth]

To save me from signing up. How much are these currently going for?

Thanks

You don't need to sign up to buy them any more.  https://nastyfans.org/mint

[Spearmint]

ah thanks for the link

[bitabit]

How long does it usually take to get the first satoshis into this coin?  A friend of mine got this coin a month ago but claims it is still empty.