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Author Topic: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic)  (Read 118977 times)
johnniewalker
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April 18, 2013, 01:08:34 AM
 #741

I wanted some community input on this just for fun:

I'm at a point where I have a 1/2oz silver coin die done that says 5 BITCOINS.  But 5 BTC is now worth a hell of a lot more than it was when I started.

I almost want to start over and do 1oz=1BTC 1/2oz=1/2BTC and a smaller coin for 0.1 BTC... all in silver, and offer each (at least the biggest one or two) with the optional gold plated B like I did last time.

Do I run some coins with the 5 BITCOINS die, or just scrap it?  It will seem kind of weird having a 5 and a 0.5 BTC coin that are, well, alike in every way, including the year 2013, and I'm tempted to just scrap the die.

Sounds like a great idea.
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April 18, 2013, 05:57:06 AM
 #742

repost


I suggest the following:

silver coins:
1/2oz = .5 BTC
1oz = 1 BTC
2oz = 2 BTC
5oz = 5 BTC
10oz = 10 BTC

silver bars (these could be coins as well!)
500g = 15 BTC
1000g = 30 BTC

gold:
1/20 oz = 0.5 BTC
1/10 oz = 1 BTC
1/4 oz = 2 BTC
1/2 oz = 5 BTC
1oz = 10 BTC
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April 18, 2013, 08:22:51 AM
 #743

repost


I suggest the following:

silver coins:
1/2oz = .5 BTC
1oz = 1 BTC
2oz = 2 BTC
5oz = 5 BTC
10oz = 10 BTC

silver bars (these could be coins as well!)
500g = 15 BTC
1000g = 30 BTC

gold:
1/20 oz = 0.5 BTC
1/10 oz = 1 BTC
1/4 oz = 2 BTC
1/2 oz = 5 BTC
1oz = 10 BTC

Have you thought about using not pure silver, but something akin to what was used for US coins back when they have been "real money"?

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April 18, 2013, 01:17:41 PM
 #744

repost


I suggest the following:

silver coins:
1/2oz = .5 BTC
1oz = 1 BTC
2oz = 2 BTC
5oz = 5 BTC
10oz = 10 BTC

silver bars (these could be coins as well!)
500g = 15 BTC
1000g = 30 BTC

gold:
1/20 oz = 0.5 BTC
1/10 oz = 1 BTC
1/4 oz = 2 BTC
1/2 oz = 5 BTC
1oz = 10 BTC

Have you thought about using not pure silver, but something akin to what was used for US coins back when they have been "real money"?



you mean something like an alloy of 6 X% silver and Y% others?
I'd probably help with the astronomical premiums for casascius these days.
However, a special edition with these... I'd hit it.
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April 18, 2013, 07:06:26 PM
 #745

I'd very much like 1 BTC 1 oz silver coins. That would be a healthy diversification of wealth into metals/btc as of right now in my opinion ( roughly 1 fourth in metals)
I could see my self buy 10 or so of those Cheesy
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April 18, 2013, 11:21:31 PM
 #746

Since you stopped accepting orders on your site, is there any place to order thats in the US?  Seems like all the places are overseas, and really don't want to mess with auction sites. 


I'd also like to know resellers websites or links to add to the Resellers page on my site. So far it's just ebay and bitmit.

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April 18, 2013, 11:44:10 PM
 #747

Since you stopped accepting orders on your site, is there any place to order thats in the US?  Seems like all the places are overseas, and really don't want to mess with auction sites. 


I'd also like to know resellers websites or links to add to the Resellers page on my site. So far it's just ebay and bitmit.

Not so hard to find https://www.casascius.com/ near the bottom of page.

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April 18, 2013, 11:47:15 PM
 #748

I'd also like to know resellers websites or links to add to the Resellers page on my site. So far it's just ebay and bitmit.

Not so hard to find https://www.casascius.com/ near the bottom of page.

Thanks! I was hoping that there were more US based resellers.

No offense to:
HardBTC.org (UK)
Bittiraha.fi (Finland)
microbitcoin.fr (France)
BitInnovate.com (Australia)

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April 19, 2013, 12:18:42 AM
 #749

Warning: HardBTC.org are still charging £225.00 (over $340) for 1BTC, and were even when it was down to nearly $50, on both their site and on ebay.

They were quick to up the prices each day they went up, but as the price crashed they conveniently forgot to lower it back.

casascius
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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April 19, 2013, 12:49:46 AM
 #750

Warning: HardBTC.org are still charging £225.00 (over $340) for 1BTC, and were even when it was down to nearly $50, on both their site and on ebay.

They were quick to up the prices each day they went up, but as the price crashed they conveniently forgot to lower it back.

This is how markets work though. It is not wrong and isn't in need of a warning if there are willing buyers to pay it.  This will just mean the faster there will be viable physical bitcoins from more competitive producers at a lower cost as it is clearly a ripe opportunity for whomever wants to get in to the business of making them.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper wallets instead.
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April 19, 2013, 11:17:37 AM
 #751

Warning: HardBTC.org are still charging £225.00 (over $340) for 1BTC, and were even when it was down to nearly $50, on both their site and on ebay.

They were quick to up the prices each day they went up, but as the price crashed they conveniently forgot to lower it back.

This is how markets work though. It is not wrong and isn't in need of a warning if there are willing buyers to pay it.  This will just mean the faster there will be viable physical bitcoins from more competitive producers at a lower cost as it is clearly a ripe opportunity for whomever wants to get in to the business of making them.

At the time of $50, Ebay sold a few Casascius coins @ £150. I sold x4 elsewhere (fee free) @ £125 each, which i thought was fair price at that time. hardBTC is a registered business, so it would be fair to price in a premium for the good service David provides.

Mike. How many producers of the dollar bill/coins are there in the US, and have you any knowledge of the same question for other countries?
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April 19, 2013, 10:09:26 PM
 #752

Warning: HardBTC.org are still charging £225.00 (over $340) for 1BTC, and were even when it was down to nearly $50, on both their site and on ebay.

They were quick to up the prices each day they went up, but as the price crashed they conveniently forgot to lower it back.

This is how markets work though. It is not wrong and isn't in need of a warning if there are willing buyers to pay it.  This will just mean the faster there will be viable physical bitcoins from more competitive producers at a lower cost as it is clearly a ripe opportunity for whomever wants to get in to the business of making them.

At the time of $50, Ebay sold a few Casascius coins @ £150. I sold x4 elsewhere (fee free) @ £125 each, which i thought was fair price at that time. hardBTC is a registered business, so it would be fair to price in a premium for the good service David provides.

The point is the exchange rate. Even on hardBTC, 1BTC cost 1.8BTC (I don't have a problem with that), but the fiat price was still £225. At the bottom, 1BTC was about £35 and 1.8BTC was about £65.

For the 25BTC coin (cost 35BTC) about £3,000 of the £4,375 price was exchange rate cost.

It's not quite as crazy a difference now the bitcoin has recovered (it's only about 100% exchange fee), but you can still see it for yourself...
http://hardbtc.org/ocart/index.php?route=product/category&path=59
Click the currency button at the top to show prices in bitcoins and in pounds.

I'm not crying scam or anything, they have a right to do this if they want. Just a warning to any newcomers who may be reading, always check what the up-to-date exchange rate is whenever they buy anything, don't rely on what the seller's website shows.

casascius
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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April 19, 2013, 11:00:16 PM
 #753

Sounds to me like the warning is: "warning, you COULD be paying more than the seller intends to be asking, simply due to stale information on his website", which I suppose is a fair warning.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper wallets instead.
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April 19, 2013, 11:07:43 PM
 #754

interested in some of the silvers depending on markup!

can money be sent to these coins once I know the number on front?

edit:

Let me add to that sorry,

If I purchased a nice coin or bar etc. which came with X amount preloaded to a wallet, If I wanted to use a coin/bar etc. for a savings account, could I send more money to the coin?
Obviously unable to pull any of it until I got the pin? I'm unsure how this shortened wallet number work's exactly, Or could I buy a coin with a wallet number and no money on it so I can use it as savings?

Maybe even worth making a "savings" or something similar Coin?

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April 21, 2013, 03:46:59 AM
 #755

Now that Bitcoin value went ~10 times higher than it was half a year ago, is there a hope for new, lower denomination physical bitcoin designs? It would be nice to have 0.5, 0.1, 0.05, 0.01 denomination bitcoins too. Smiley

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April 21, 2013, 08:03:50 AM
 #756

Now that Bitcoin value went ~10 times higher than it was half a year ago, is there a hope for new, lower denomination physical bitcoin designs? It would be nice to have 0.5, 0.1, 0.05, 0.01 denomination bitcoins too. Smiley

https://bitcointalk.org/index.php?topic=169301.0

Your welcome  Grin

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April 22, 2013, 04:11:44 PM
 #757

Now that Bitcoin value went ~10 times higher than it was half a year ago, is there a hope for new, lower denomination physical bitcoin designs? It would be nice to have 0.5, 0.1, 0.05, 0.01 denomination bitcoins too. Smiley

Not sure if its appropriate, as I dont want to hijack this thread, but I was thinking the exact same thing for quite some time and finally decided to go for it and produce 0.1 BTC coins:
https://bitcointalk.org/index.php?topic=182979.msg1912084

Any questions or comments about that please post in the above thread and not here.

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April 30, 2013, 06:07:18 PM
 #758

Here's a bit of trivia:

At the current BTC price, the 100 BTC Casascius Gold-Plated Savings Bar is worth more than double its weight in gold!

Here's a bit of insanity: There's an auction on ebay of a Casascius 1 BTC series 1. It's still 2 days to go and it's at $1,425 !!!

If this goes just a notch higher, then a series 1 Casascius "is worth" as much as a 1 oz gold coin ;-)

http://www.ebay.com/itm/Casascius-Bitcoin-Minted-in-Sept-2011-Version-1-With-Error-/181115649401?pt=US_World_Coins&hash=item2a2b557d79


Only 1 feedback as a seller too, I'd be nervous to bid a lot for someone whose feedback is only as a buyer so far.

If the seller was the original buyer and wanted to identify himself, I'd be willing to validate him as having placed an order around that time if that's indeed the case.  It's plausible that someone who doesn't sell on eBay might sign up for eBay just to sell his newly discovered treasure.  I don't sell on eBay, but I have a ton of positive feedback because I used to sell random things a decade ago (mostly housecleaning).  If not for that, I'd be in his same position.
You keep track of what you sell to who? I think I lost a 1btc series 1 coin from the first batch but I could be wrong and just bought one less than I thought  Tongue
Still deciding what would let me feel more stupid, order one less or losing one  Tongue

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April 30, 2013, 06:43:12 PM
 #759

Here's a bit of trivia:

At the current BTC price, the 100 BTC Casascius Gold-Plated Savings Bar is worth more than double its weight in gold!

Here's a bit of insanity: There's an auction on ebay of a Casascius 1 BTC series 1. It's still 2 days to go and it's at $1,425 !!!

If this goes just a notch higher, then a series 1 Casascius "is worth" as much as a 1 oz gold coin ;-)

http://www.ebay.com/itm/Casascius-Bitcoin-Minted-in-Sept-2011-Version-1-With-Error-/181115649401?pt=US_World_Coins&hash=item2a2b557d79


Only 1 feedback as a seller too, I'd be nervous to bid a lot for someone whose feedback is only as a buyer so far.

If the seller was the original buyer and wanted to identify himself, I'd be willing to validate him as having placed an order around that time if that's indeed the case.  It's plausible that someone who doesn't sell on eBay might sign up for eBay just to sell his newly discovered treasure.  I don't sell on eBay, but I have a ton of positive feedback because I used to sell random things a decade ago (mostly housecleaning).  If not for that, I'd be in his same position.
You keep track of what you sell to who? I think I lost a 1btc series 1 coin from the first batch but I could be wrong and just bought one less than I thought  Tongue
Still deciding what would let me feel more stupid, order one less or losing one  Tongue

I know what you're talking about. Don't take casascius coins when you go out drinking.

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April 30, 2013, 09:27:24 PM
 #760

@Casascius what is the minimum order to buy directly from you at wholesale costs?
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