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bowen151
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December 05, 2013, 09:44:42 PM |
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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.
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naypalm
Legendary
 Offline
Activity: 1272
Merit: 1012
howdy
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December 09, 2013, 01:03:11 AM |
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Those 0.1 coins with the new hologram look awesome! Too bad they're going for 4x the price.  |
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casascius (OP)
Mike Caldwell
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Activity: 1386
Merit: 1136
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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December 10, 2013, 04:24:32 AM |
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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 or hardware wallets instead.
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Mushroomized
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Activity: 1470
Merit: 1002
Hello!
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December 10, 2013, 04:56:30 AM |
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hi
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geoffreyqp
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December 10, 2013, 07:08:25 AM |
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okay so i got my order, how to i how much bitcoins are in them?
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notserp
Legendary
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Activity: 2240
Merit: 1001
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December 10, 2013, 05:18:59 PM |
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lol what? how do u not know what u bought?
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Chainsaw
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December 10, 2013, 05:23:20 PM |
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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. |
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Melbustus
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Activity: 1722
Merit: 1003
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December 10, 2013, 05:35:37 PM |
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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.aspxSo, 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.
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casascius (OP)
Mike Caldwell
VIP
Legendary
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Activity: 1386
Merit: 1136
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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December 10, 2013, 06:03:04 PM |
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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.aspxSo, 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 or hardware wallets instead.
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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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December 10, 2013, 07:49:05 PM |
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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.
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dj6230
Member
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Activity: 71
Merit: 11
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December 10, 2013, 10:51:38 PM |
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Where can I buy a 0.1 or 0.5 to an reasonable price for the time being?
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I'm currently building an collection of novelty BitCoin's and physical BitCoin's, contact me if you have any, except Casascius (yet)!
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Chainsaw
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December 10, 2013, 11:02:56 PM |
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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.
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geoffreyqp
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December 10, 2013, 11:57:07 PM |
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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? |
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Keyser Soze
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December 11, 2013, 12:54:12 AM |
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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. |
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kezzyp
Newbie
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Activity: 56
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December 11, 2013, 04:01:41 PM |
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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...
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naypalm
Legendary
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Activity: 1272
Merit: 1012
howdy
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December 12, 2013, 03:54:43 PM |
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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. |
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goodbc
Member
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Activity: 105
Merit: 11
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December 12, 2013, 04:22:24 PM |
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Check your IQ! Send any amount to this address:
1GoodBTCiGyd1J1LkDhCThfTHG8n9WJnNn
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CoinGeneral
Full Member
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Activity: 182
Merit: 100
The General
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December 12, 2013, 05:43:55 PM |
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That news is frightening, however it makes all Casascius coins even more valuable than before  |
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dnaleor
Legendary
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Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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December 12, 2013, 05:54:36 PM
Last edit: December 13, 2013, 09:51:54 AM by dnaleor |
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That news is frightening, however it makes all Casascius coins even more valuable than before More valuable, but I will never own a gold casascius if mike cannot continue his job  Good luke Mike, maybe you should come in france or any other country that let you stick numbers on a token indeed... Happy for the valuation of the coins, but very very sad because a great project died I want a gold casascius too! Is it an option to sell just commemorative coins and send the empy holograms with it and we fund the coin? People can always check in the blockchain if the coin is funded before they buy one. As long as the holograms is intact, there should not be a problem... |
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