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Author Topic: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic)  (Read 130268 times)
the joint
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September 06, 2011, 10:48:05 PM
 #21


Wise man say, "Only a fool buy investment on downtrend with no present indication of future uptrend."  Wise man also say, "Fool buy 1 dollar for 1 and 1/5 dollar, but smart man sell 1 dollar for 1 and 1/5 dollar."

Wise man additionally say, "Fallacy is not made truth by multiplied propagation, nor is truth made fallacy because no one will believe it."

Wise man further say, "Idea is good, but better idea is couple BTC code with useful goods.  A birthday card with BTC code is better than BTC code alone."

Wise man finally say, "Man who becomes outraged at expressed opinion will not be outraged if he does not identify with contrasting opinion."

since you're so "wise" douche, lets make a bet.  i'll bet you 100 BTC to be held in escrow that the price of BTC in USD terms one year from now will be higher than it is today.

Wise man say bet is inherently flawed.

Wise man see that if he wins, he does not win much.  Wise man see that if he loses, he loses much more.

Wise man also doesn't want BTC value to plummet and instead wants BTC to succeed.

Wise man thinks you create non-sequiturs from what wise man say.
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September 06, 2011, 10:58:00 PM
 #22


Wise man say, "Only a fool buy investment on downtrend with no present indication of future uptrend."  Wise man also say, "Fool buy 1 dollar for 1 and 1/5 dollar, but smart man sell 1 dollar for 1 and 1/5 dollar."

Wise man additionally say, "Fallacy is not made truth by multiplied propagation, nor is truth made fallacy because no one will believe it."

Wise man further say, "Idea is good, but better idea is couple BTC code with useful goods.  A birthday card with BTC code is better than BTC code alone."

Wise man finally say, "Man who becomes outraged at expressed opinion will not be outraged if he does not identify with contrasting opinion."

since you're so "wise" douche, lets make a bet.  i'll bet you 100 BTC to be held in escrow that the price of BTC in USD terms one year from now will be higher than it is today.

Wise man say bet is inherently flawed.

Wise man see that if he wins, he does not win much.  Wise man see that if he loses, he loses much more.

Wise man also doesn't want BTC value to plummet and instead wants BTC to succeed.

Wise man thinks you create non-sequiturs from what wise man say.

oh wise douche, let me rephrase.  the bet to be 100 BTC OR $670 USD!
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September 06, 2011, 11:07:15 PM
 #23


Wise man say, "Only a fool buy investment on downtrend with no present indication of future uptrend."  Wise man also say, "Fool buy 1 dollar for 1 and 1/5 dollar, but smart man sell 1 dollar for 1 and 1/5 dollar."

Wise man additionally say, "Fallacy is not made truth by multiplied propagation, nor is truth made fallacy because no one will believe it."

Wise man further say, "Idea is good, but better idea is couple BTC code with useful goods.  A birthday card with BTC code is better than BTC code alone."

Wise man finally say, "Man who becomes outraged at expressed opinion will not be outraged if he does not identify with contrasting opinion."

since you're so "wise" douche, lets make a bet.  i'll bet you 100 BTC to be held in escrow that the price of BTC in USD terms one year from now will be higher than it is today.

Wise man say bet is inherently flawed.

Wise man see that if he wins, he does not win much.  Wise man see that if he loses, he loses much more.

Wise man also doesn't want BTC value to plummet and instead wants BTC to succeed.

Wise man thinks you create non-sequiturs from what wise man say.

oh wise douche, let me rephrase.  the bet to be 100 BTC OR $670 USD!

Wise man say bet is still inherently flawed.  The payout is more for one than the other.

Besides, wise man doesn't bet.  This why wise man profits.
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September 06, 2011, 11:13:20 PM
 #24

On the note of the physical coins can we pleas have either QR or bar codes so we can read them with smartphones?

"If we don't hang together, by Heavens we shall hang separately." - Benjamin Franklin

If you found that funny or something i said useful i always appreciate spare change
1PczDQHfEj3dJgp6wN3CXPft1bGB23TzTM
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September 06, 2011, 11:15:02 PM
 #25


Wise man say, "Only a fool buy investment on downtrend with no present indication of future uptrend."  Wise man also say, "Fool buy 1 dollar for 1 and 1/5 dollar, but smart man sell 1 dollar for 1 and 1/5 dollar."

Wise man additionally say, "Fallacy is not made truth by multiplied propagation, nor is truth made fallacy because no one will believe it."

Wise man further say, "Idea is good, but better idea is couple BTC code with useful goods.  A birthday card with BTC code is better than BTC code alone."

Wise man finally say, "Man who becomes outraged at expressed opinion will not be outraged if he does not identify with contrasting opinion."

since you're so "wise" douche, lets make a bet.  i'll bet you 100 BTC to be held in escrow that the price of BTC in USD terms one year from now will be higher than it is today.

Wise man say bet is inherently flawed.

Wise man see that if he wins, he does not win much.  Wise man see that if he loses, he loses much more.

Wise man also doesn't want BTC value to plummet and instead wants BTC to succeed.

Wise man thinks you create non-sequiturs from what wise man say.

oh wise douche, let me rephrase.  the bet to be 100 BTC OR $670 USD!

Wise man say bet is still inherently flawed.  The payout is more for one than the other.

Besides, wise man doesn't bet.  This why wise man profits.

no, you're just a paid shill with no convictions behind anything you say here on this forum.  the bet is fair esp. since i've offered to denominate it in BTC or USD.  so stop pretending to be wise, douche.
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September 06, 2011, 11:22:02 PM
 #26


Wise man say, "Only a fool buy investment on downtrend with no present indication of future uptrend."  Wise man also say, "Fool buy 1 dollar for 1 and 1/5 dollar, but smart man sell 1 dollar for 1 and 1/5 dollar."

Wise man additionally say, "Fallacy is not made truth by multiplied propagation, nor is truth made fallacy because no one will believe it."

Wise man further say, "Idea is good, but better idea is couple BTC code with useful goods.  A birthday card with BTC code is better than BTC code alone."

Wise man finally say, "Man who becomes outraged at expressed opinion will not be outraged if he does not identify with contrasting opinion."

since you're so "wise" douche, lets make a bet.  i'll bet you 100 BTC to be held in escrow that the price of BTC in USD terms one year from now will be higher than it is today.

Wise man say bet is inherently flawed.

Wise man see that if he wins, he does not win much.  Wise man see that if he loses, he loses much more.

Wise man also doesn't want BTC value to plummet and instead wants BTC to succeed.

Wise man thinks you create non-sequiturs from what wise man say.

oh, one other thing, douche.  you'll be happy to hear that i've already offered to buy 100 of these physical bitcoins from casascius.  where's your conviction?
the joint
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September 06, 2011, 11:23:57 PM
 #27

Wise man say you may act however you choose.  Wise man wish you the best of luck.
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September 06, 2011, 11:29:06 PM
 #28

Wise man say you may act however you choose.  Wise man wish you the best of luck.

sigh, just as i thought; no conviction.  you're no different than all the others.  quit trolling.
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September 06, 2011, 11:42:59 PM
 #29

Wise man say you may act however you choose.  Wise man wish you the best of luck.

sigh, just as i thought; no conviction.  you're no different than all the others.  quit trolling.

Wise man redirect you here https://bitcointalk.org/index.php?topic=34921.0

Wise man advise you to relax.
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September 06, 2011, 11:49:40 PM
 #30

I can't find anything about mini private keys. Can you link to any sources?
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September 06, 2011, 11:54:58 PM
 #31

The hologram was a nice touch.  Looks good.
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September 06, 2011, 11:59:08 PM
 #32

I can't find anything about mini private keys. Can you link to any sources?

https://en.bitcoin.it/wiki/Mini_private_key_format

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September 07, 2011, 12:26:48 AM
Last edit: September 07, 2011, 01:28:44 AM by cbeast
 #33

These are lovely, but how do we know that the manufacturer doesn't keep a copy of the keys and will spend them if they get very valuable?
[EDIT] I will probably buy some of these because bitbills has been MIA for awhile.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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September 07, 2011, 12:42:52 AM
 #34

How about spread some fud in the speculation channel and not in someones thread who is actually trying to do something good for the community and actually produced something unique

I hope that doesn't mean that the idea is not open to any forms of criticism. I'm not here to do that though, however I do have some curiosity:

After purchase, are the coins intended to be traded hand-to-hand, as per regular currency? (of course I mean within a community of bitcoin aware individuals). If so, are the coins / codes tamper proof, so that any individual who receives one coin can instantly see that this coin has 1 BTC of value (not been used).

If not for hand-to-hand trading, would it be fair to assume that the coins be primarily for aesthetic and novelty purpose?
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September 07, 2011, 12:52:50 AM
 #35

So freakin' cool!
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September 07, 2011, 12:55:04 AM
 #36

How about spread some fud in the speculation channel and not in someones thread who is actually trying to do something good for the community and actually produced something unique

I hope that doesn't mean that the idea is not open to any forms of criticism. I'm not here to do that though, however I do have some curiosity:

After purchase, are the coins intended to be traded hand-to-hand, as per regular currency? (of course I mean within a community of bitcoin aware individuals). If so, are the coins / codes tamper proof, so that any individual who receives one coin can instantly see that this coin has 1 BTC of value (not been used).

If not for hand-to-hand trading, would it be fair to assume that the coins be primarily for aesthetic and novelty purpose?

It's really up to you, he's trading a 1:1 value (shipping aside), in my opinion this is a method of cold storage or, as you said, face-to-face trading. (Possibly not face-to-face, if the trades sole purpose was to hide the exchange of a large number of bitcoins, eg. dark net trade.)

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


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September 07, 2011, 01:11:14 AM
 #37

The holograms are very tamper evident. They reveal a honey comb pattern if peeled. The adhesive is pretty strong, I have to use transfer tape to get them on the coins because they will show honeycombs if the sticky side even gets grazed by a finger.

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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September 07, 2011, 01:29:53 AM
 #38

I can't find anything about mini private keys. Can you link to any sources?

https://en.bitcoin.it/wiki/Mini_private_key_format
Thanks! Do you know if this format is any sort of standard? Or is it pretty exclusively used by Cacascius?


...These are a REAL BITCOIN each worth 1 BTC.  One side has a hologram.  Underneath the hologram layer is a private key.  The first 8 characters of the bitcoin address appears on each coin.
Does this mean that each key is loaded with 1 BTC?
casascius (OP)
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September 07, 2011, 01:52:42 AM
 #39

Thanks! Do you know if this format is any sort of standard? Or is it pretty exclusively used by Cacascius?

It is standard to the extent it is merely a string whose SHA256 hash is used as a private key, something fairly well understood even outside the context of this format.  However, I have proposed it as a standard mainly for the purpose of making it recognizable and to allow implementers to offer the built-in typo detection, and because a shortened private key form is universally desirable for similar projects.

Does this mean that each key is loaded with 1 BTC?

Yes.

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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September 07, 2011, 01:57:44 AM
 #40

Incidentally, who wants to wager if or when Casascius will be Bitcoin's Bernard von Nothaus?

Thinking of how to word it, and guessing what dates to use:
 - http://www.betsofbitco.in


Here's a link to read about Bernard von Nothaus: http://en.wikipedia.org/wiki/Bernard_von_NotHaus
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