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Author Topic: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic)  (Read 118776 times)
Keyser Soze
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December 05, 2013, 04:22:39 PM
 #901

Does anyone know what casascius is doing with pending orders? I placed my order 11 days ago and haven't heard a peep from him, despite a couple of polite emails.

I know he must be tremendously busy, but it would be nice to be updated and made aware about what is happening with these orders.
Pending orders should be going out like normal. In fact, I received mine yesterday.
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Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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December 05, 2013, 08:22:44 PM
 #902

I have been traveling a fair bit in the past couple weeks, something I don't preannounce.  So that has been making me a bit slow on answering emails and funding coins (as well as stickering/keying them as necessary).  Shipments are still going out even when I travel - we stickered the last of the production run gold-plated silver coins today, so if your order contains these, it's likely to go out today.  Any outstanding 2-factor bars were all just finished as well.  If it has any 0.1 btc rolls, that'll be another couple days.  To be honest, there's a bit of relief to not be taking orders - I had no idea I'd even get this far behind.

And just a brief update on where the money transmitter effort is going: evaluating how the state governments will react to FinCEN taking a stand that I'm a money transmitter... since I've come to understand that it's actually the states that are more aggressive in regulating who can and can't "transmit" money... the feds seemingly want more than anything, the unbridled ability to follow money as it moves, and less to prohibit people who are willing and able to follow their reporting rules.  There's a lot of states and I'm sure you've all heard that getting licensed in 50 states is a monumental undertaking, but even winning any sort of victory in my home state of Utah may enable a broad category of orders, possibly including international ones.

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.
bowen151
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Caveat Emptor


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December 05, 2013, 09:44:42 PM
 #903

Thanks for the update on your current situation Casascius, much appreciated!

I hope things go well for you too, more than even.

Hopefully the post-holiday season brings some good news.

-Buying/Selling graphics cards every month
--Buying BTC every month £/$/€200+ wanted
---UK based re-seller of physical bitcoins  Click here to buy
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December 09, 2013, 01:03:11 AM
 #904

Those 0.1 coins with the new hologram look awesome! Too bad they're going for 4x the price. Undecided

casascius
Mike Caldwell
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December 10, 2013, 04:24:32 AM
 #905

Heads up, please be aware of possible Casascius coin counterfeits.

http://casascius.wordpress.com/2013/12/10/possible-counterfeits-to-be-aware-of/

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.
Mushroomized
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Hello!


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December 10, 2013, 04:56:30 AM
 #906

Heads up, please be aware of possible Casascius coin counterfeits.

http://casascius.wordpress.com/2013/12/10/possible-counterfeits-to-be-aware-of/
congratulations

Pre Announcement for the Vulcanalia Mint! https://bitcointalk.org/index.php?topic=1645665
15ELF8DcNTMQ6diBQXFpKFSSMySDX2RBBh tip me for being a good boy
geoffreyqp
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December 10, 2013, 07:08:25 AM
 #907

okay so i got my order, how to i how much bitcoins are in them?
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December 10, 2013, 05:18:59 PM
 #908

lol what? how do u not know what u bought?
Chainsaw
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December 10, 2013, 05:23:20 PM
 #909

okay so i got my order, how to i how much bitcoins are in them?

You can enter the prefix you see on the outside of the coin here, or on blockchain.
It will confirm the number of BTC you paid for are loaded on the address contained on the back of the hologram.

Melbustus
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December 10, 2013, 05:35:37 PM
 #910

lol what? how do u not know what u bought?


Mike publishes a pgp-signed list of all addresses he's ever used: https://www.casascius.com/faq.aspx

So, if you have a "Casascius" coin with an address that does NOT appear on that list, it's a counterfeit. If the address IS on that list, you can rest assured that it was produced by Casascius (though you should still *always* check the balance to make sure it hasn't been redeemed).

As Chainsaw pointed out above, it's easy to punch the first few characters of your coin's address into a lookup tool to verify these things.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
But Bitcointalk & /r/bitcoin are heavily censored. bitco.in/forum, forum.bitcoin.com, and /r/btc are open.
Best info on Casascius coins: http://spotcoins.com/casascius
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Mike Caldwell
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December 10, 2013, 06:03:04 PM
 #911

lol what? how do u not know what u bought?


Mike publishes a pgp-signed list of all addresses he's ever used: https://www.casascius.com/faq.aspx

So, if you have a "Casascius" coin with an address that does NOT appear on that list, it's a counterfeit. If the address IS on that list, you can rest assured that it was produced by Casascius (though you should still *always* check the balance to make sure it hasn't been redeemed).

As Chainsaw pointed out above, it's easy to punch the first few characters of your coin's address into a lookup tool to verify these things.

It's possible that a counterfeiter could vanity-generate everything to be collisions of the first 8 characters to coincide with my list, or simply just rip prefixes off my list (nothing holds a counterfeiter to actually funding the coins).  Though, judging by the stickers, this particular counterfeiter did not choose to do this.  My list is thorough and complete though, it's safe to say that if you have a "Casascius" coin and can't find the prefix on my list, then it's not genuine.

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.
Dabs
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December 10, 2013, 07:49:05 PM
 #912

Yeah, I was just going to say, counterfeits will have the same numbers as actual physical coins. Just like fake dollar bills have the same serial numbers as real ones. They can sell the same coin to 20 people for the face value, and none of them can or will redeem the private key.

64blocks.com Social Multiplayer Dice (Gambling) - Escrow Service (Services) - GPG ID: 32AD7565, OTC ID: Dabs
All messages concerning escrow or with bitcoin addresses are GPG signed. Please verify.
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dj6230
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December 10, 2013, 10:51:38 PM
 #913

Where can I buy a 0.1 or 0.5 to an reasonable price for the time being?

I'm currently building an collection of novelty BitCoin's and physical BitCoin's, contact me if you have any, except Casascius (yet)!
Chainsaw
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December 10, 2013, 11:02:56 PM
 #914

I think nightowlace has an offering of each right now. You could also check the collectible marketplace (link in signature).
I'll be getting some in soon.

Acquisition price plays a huge role in resale price. What you consider a reasonable price as a buyer might differ from what a seller considers a reasonable price. This becomes especially true once coins hit the aftermarket.  Buyers do not buy casascius coins with USD, they buy them with Bitcoins. We tend to be reluctant to sell things at a loss. I believe that's why you see sales dry up, temporarily, during price run-ups. Then when prices level, we re-learn that the premiums remain in BTC terms. This was proven during the run-up from $5 to the $100s, when the 10 BTC coins sold for 30+ BTC with BTC spot in the $100s, and again when Goat sold his 1000 BTC coin for 1250 with BTC at $800.

Especially for the 0.1 BTC coins, this plays a huge factor. These coins had a 450% markup, the most of any casascius offering I can recall, for most of their offered time. 9 BTC for 2.0 in spot value.  At the tail end, a few people were able to get theirs for 4.xx BTC for 20.  

Right now, with prices surging, you'll hear a lot of crickets, both on the buying and selling end.

This is a speculative guess, but the collectors that bought at the tail-end might be willing to sell theirs for that 2-3x markup. Once they're gone, I'd anticipate willing sellers to dry up. Most of the purchased coins go to strong hands, investors, and those with a long term view.

geoffreyqp
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December 10, 2013, 11:57:07 PM
 #915

okay so i got my order, how to i how much bitcoins are in them?

You can enter the prefix you see on the outside of the coin here, or on blockchain.
It will confirm the number of BTC you paid for are loaded on the address contained on the back of the hologram.

when i search them on uberbills, they all say opened. when i search on blockchain, i can't find them.

i ordered these straight from casascius.com, so i don't think they are counterfeit. i do also see them on the pgp signed list.

i did email mike do fund the coins 2 days ago and yesterday as well. maybe he hasn't gotten around to it yet. could that be the reason i can't find them?
Keyser Soze
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December 11, 2013, 12:54:12 AM
 #916

when i search them on uberbills, they all say opened. when i search on blockchain, i can't find them.

i ordered these straight from casascius.com, so i don't think they are counterfeit. i do also see them on the pgp signed list.

i did email mike do fund the coins 2 days ago and yesterday as well. maybe he hasn't gotten around to it yet. could that be the reason i can't find them?
Once you let him know that you have received the coin, he will send you a follow up email with the entire address of the coin and let you know it was funded. He is most likely behind/busy, but I am sure he will get to it soon.
kezzyp
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Get down on your knees and pray!!!


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December 11, 2013, 04:01:41 PM
 #917

I await ATM machine for Bitcoins, i will start the project if it does not come up by Mid 2014, the more reason i love bitcoin so much is all about its transparency..

Its the future and i use it proudly and all i do hope is that the government just allow its users world wide the freedom of using it, banking with it..

ATM mode in progress, together we move the world forward to the better place with bitcoins... 

BTC: 1Njn6zsPbvAXsfwMdvgn7Ytb8r9tv1Fy6
Dogecoin: D6Hk6Nb9TPseraGqknU2zZBV7EA3ECyQMY
DOGE! DOGE!! DOGE!!!--->>TO THE MOOOON!!!!

No one is wisest, no one is perfect, we all trying to succeed, if you think you got enough and own all you need this world then Die/leave the world let others continue.
No pain, No gain.
I am a game changer donate to me i ll keep ya updated, ya maybe!!!
naypalm
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AFK :/


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December 12, 2013, 03:54:43 PM
 #918


when i search them on uberbills, they all say opened. when i search on blockchain, i can't find them.

i ordered these straight from casascius.com, so i don't think they are counterfeit. i do also see them on the pgp signed list.

i did email mike do fund the coins 2 days ago and yesterday as well. maybe he hasn't gotten around to it yet. could that be the reason i can't find them?

I checked geoffreyqp's coins and they were marked correctly in the CBA database. You must wait at least a day after being funded for the scanner to update the coins address.

ChipGeek
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December 12, 2013, 04:06:35 PM
 #919

I don't think this news story has been posted here yet:

"U.S. Government Nastygram Shuts Down One-Man Bitcoin Mint"
http://www.wired.com/wiredenterprise/2013/12/casascius/?cid=co15653054

Tip jar: 1ChipGeeK7PDxaAWG4VgsTi31SfJ6peKHw
goodbc
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December 12, 2013, 04:22:24 PM
 #920

I was afraid of this the very last year:
https://bitcointalk.org/index.php?topic=131088.msg1405041#msg1405041

Check your IQ! Send any amount to this address:
1GoodBTCiGyd1J1LkDhCThfTHG8n9WJnNn
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