Bitcoin Forum
November 19, 2018, 04:29:18 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Gold-plated Bitcoin bearer bar  (Read 5657 times)
casascius
Mike Caldwell
VIP
Legendary
*
Offline Offline

Activity: 1386
Merit: 1040


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


View Profile WWW
October 11, 2011, 02:40:16 AM
 #1

This is a product I am bringing to the Bitcoin market.  It should be available in a few weeks.

Like the 25 btc Physical Bitcoins, these are gold plated bars that are made to look valuable.  A great way to dress your Bitcoins for what they're worth, and a way for Grandma to hold bitcoins that's easy to understand and requires no technical knowledge.



I'm planning on offering them in two versions:

1 - a 100 BTC bar with a hologram, which works just like a Casascius physical bitcoin.  The hologram itself will be specific to this product and will say Casascius 100 BTC directly on it.

2 - a non-denominated savings bar with a hologram.  You buy your own, and load your own BTC.  The hologram itself will be a Casascius hologram with a valid private key and the hologram says zero BTC, which is mainly a clue that one should check the balance before accepting the bar in a face-to-face transaction.  This is mainly to cater to those who want a good-looking bar, but don't want to send 100 BTC or more through the mail, or who might want it for a different denomination.  I may have the ability to laser-etch other denominations into the bar, but that remains to be seen.

I'm interested in feedback and thoughts.

The bars are 4cm x 8cm, 6mm thick, and weigh about 138g.

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.
1542644958
Hero Member
*
Offline Offline

Posts: 1542644958

View Profile Personal Message (Offline)

Ignore
1542644958
Reply with quote  #2

1542644958
Report to moderator
1542644958
Hero Member
*
Offline Offline

Posts: 1542644958

View Profile Personal Message (Offline)

Ignore
1542644958
Reply with quote  #2

1542644958
Report to moderator
1542644958
Hero Member
*
Offline Offline

Posts: 1542644958

View Profile Personal Message (Offline)

Ignore
1542644958
Reply with quote  #2

1542644958
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1005


Gerald Davis


View Profile
October 11, 2011, 02:49:43 AM
 #2

I see you in the reflection.  Going to do some CSI digital reconstruction to reveal your identity via the reflections.

Seriously though pretty cool idea.   Would be good for passing bitcoins to heirs.  In clearing an estate they may not know what a bitcoin is but the bar looks valuable so they might ask questions, questions they might not ask about a piece of paper thas says important bitcoin private keys.
casascius
Mike Caldwell
VIP
Legendary
*
Offline Offline

Activity: 1386
Merit: 1040


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


View Profile WWW
October 11, 2011, 02:55:56 AM
 #3

In clearing an estate they may not know what a bitcoin is but the bar looks valuable so they might ask questions, questions they might not ask about a piece of paper thas says important bitcoin private keys.

This is actually one of the most compelling reasons I thought the bar would be useful.  Even the 25 BTC gold-plated coins are definite eye catchers.  I felt inclined to clearly put "gold plated" on the bar, otherwise, people would be inclined to think it was solid gold and might ignore the bitcoins.

Even worse in an estate scenario would be a USB flash drive that contained the bitcoins along with a 2-page step-by-step on how to use TrueCrypt to decrypt it.  I don't know about your family, but my family would have enough to worry about besides learning how to decrypt my bitcoins that they could pretty much be kissed goodbye if that were how I was keeping 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 or hardware wallets instead.
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1442
Merit: 1001


Bitcoin: An Idea Worth Spending


View Profile WWW
October 11, 2011, 03:05:30 AM
 #4

I see you in the reflection.  Going to do some CSI digital reconstruction to reveal your identity via the reflections.

Seriously though pretty cool idea.   Would be good for passing bitcoins to heirs.  In clearing an estate they may not know what a bitcoin is but the bar looks valuable so they might ask questions, questions they might not ask about a piece of paper thas says important bitcoin private keys.

You're in luck. Today, I added CSI Digital Reconstruction to my resume. Feel free to double your order.



Jokes aside, very nice product you have there.

Bruno

Hawkix
Hero Member
*****
Offline Offline

Activity: 520
Merit: 505



View Profile WWW
October 11, 2011, 06:20:15 AM
 #5

A tip for improvement:

- made the bar from tungsten
- remove the "plated" from the label Smiley

 Wink


Donations: 1Hawkix7GHym6SM98ii5vSHHShA3FUgpV6
http://btcportal.net/ - All about Bitcoin - coming soon!
viboracecata
Legendary
*
Offline Offline

Activity: 1316
Merit: 1000


Varanida : Fair & Transparent Digital Ecosystem


View Profile
October 13, 2011, 03:40:12 AM
 #6

cool but too expensive

iBuilding A Better Interneti
━━━━━━━━━━━━━━━━━━━━ ━━━━━━━━━━━━━━━━━━━━

 
 █b
▐█=
║█
██                                         ¡▄▄▄▄▄▄▄▄┌
██M                                  ╒▄▄▄▄█▀    ▂▂ ╙▀▀▆▄
██▌                                ╓, ,██╨      ▀▀▀    ╜▀█▌
███                                ▀▀██╙     ▄▄▄▄▄      ╓█L
█ █▌                            ▄▄▄▄█▀          └▀▀▀▀█Φ█▀"
█▌ █▄                            ██▀           ▄█▀
▐▌  ▀▌                       ▀▄██▀            ▄▀
▐█     ▂▂▂                ▄  ▄█▀           ▄▄▀
 █▌  ╙▀▀▀▀▀█▄         ▄   ███▀     ▁▂▃▄▄▄█▀▀
  █▄        █▌    █▄  ██▄█▀        ▔▔╙▀▐█
   █▄       █▌ ▀▀████▀▀▀               ▐▌
    ▀█     █▀                          ▐▌
     ╙█▄  ▄▌                        ╓█ ▐█
       └▀██  ╓▄▄µ╓▄▄µ            ,▄█▀┘  █▌    ▄▄ ╓▄▄µ
         ██▄█▀▀███▀▀█▄       ╓▄▄█▀▀      ▀█▄█▀▀▀██▄╙▀█▄▄
          ▀╙    ▀▀▀  ▀▀▀  ▀▀▀▀╙           `      "▀▀  └╙
You Can See Me Now, Hi :}
VARANIDA

 
 
 
 
               ▄██   ▄███▄
              ▄███████  ██
              ██    ▀████▀
             ██
  ▄▄  ▄▄█████████████▄▄  ▄▄
▄███████████████████████████▄
█████████████████████████████
▀███████    █████    ███████▀
  ▀█████    █████    █████▀
   ███████████████████████
    █████▄  ▀▀▀▀▀  ▄█████
     ▀█████▄▄▄▄▄▄▄█████▀
        ▀▀█████████▀▀
|Hello Again
GWhitePaperG
GAnn ThreadG
casascius
Mike Caldwell
VIP
Legendary
*
Offline Offline

Activity: 1386
Merit: 1040


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


View Profile WWW
October 13, 2011, 03:58:15 AM
 #7

cool but too expensive

I didn't state a price, so just curious, how did you determine they were expensive?

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.
teflone
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


You're fat, because you dont have any pics on FB


View Profile
October 13, 2011, 04:05:57 AM
 #8

another neat product, good job..  Cool

What other metals have you considered for these bars?


For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
Elwar
Legendary
*
Offline Offline

Activity: 2646
Merit: 1284


Viva Ut Vivas


View Profile WWW
October 13, 2011, 01:02:47 PM
 #9

I see you in the reflection.  Going to do some CSI digital reconstruction to reveal your identity via the reflections.

Seriously though pretty cool idea.   Would be good for passing bitcoins to heirs.  In clearing an estate they may not know what a bitcoin is but the bar looks valuable so they might ask questions, questions they might not ask about a piece of paper thas says important bitcoin private keys.


PM me if you are ready to actually start seasteading.
Astro
Sr. Member
****
Offline Offline

Activity: 276
Merit: 250



View Profile
November 05, 2011, 03:56:20 AM
 #10

Is it actual gold plating, or "gold" plating?  Will it tarnish like your first series coins tend to?
paraipan
Legendary
*
Offline Offline

Activity: 924
Merit: 1003


Firstbits: 1pirata


View Profile WWW
November 05, 2011, 05:21:00 AM
 #11

My thoughts: nice product, should get some goldbugs interested too

[edit] Word on the holograms, same can be copied and sold to different people for the real price and only one would get the bitcoins. Checking the address balance would not help them know how many of the same exist and where sold either so the first to redeem would be the lucky one so the only one selling them should be Casascius. If one day something like his happens he would be the only responsible as he knows the private keys of all the coins and makes them.

edit: lol i didn't even bothered to see who's OP was, Casascius i was a thinking at other things when i posted, sorry

BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
payb.tc
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile
November 05, 2011, 06:25:42 AM
 #12

i really like the idea and it's mostly good-looking, however my first thought was the circle at the top makes it looks a little too much like an ipod Cheesy
Coinabul
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Coinabul - Gold Unbarred


View Profile WWW
November 05, 2011, 08:02:40 AM
 #13

You should make a solid silver bearer bar. (Since I'm not too big a fan of plating.)

-Jon

Coinabul.com - Gold Unbarred
Website owners, let me put my ads on your site! PM me!
casascius
Mike Caldwell
VIP
Legendary
*
Offline Offline

Activity: 1386
Merit: 1040


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


View Profile WWW
November 05, 2011, 02:45:35 PM
 #14

Is it actual gold plating, or "gold" plating?  Will it tarnish like your first series coins tend to?

The 1BTC coins are not claimed to be gold plated, I have always been pretty clear about how they are brass.

The bars however are gold plated. As are the 25BTC coins.  That means elemental Gold, Au, 79, etc... not just the color.

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.
minerjones
Copper Member
Legendary
*
Offline Offline

Activity: 1554
Merit: 1355


Physibit.com - The #1 source for physical bitcoins


View Profile WWW
June 04, 2017, 07:44:49 PM
 #15

Was there ever a mintage number of the non-denominational ones released?

PHYSIBIT, MANTIS CRYPTOS & CRYPTO QUILTS - The best places to shop for physical bitcoins and more!!
pixie85
Sr. Member
****
Offline Offline

Activity: 714
Merit: 263


View Profile
June 04, 2017, 07:56:49 PM
 #16

Was there ever a mintage number of the non-denominational ones released?
Did you just dig out a 6 year old thread? That's necromancy at its finest!

fathur.aza
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
June 05, 2017, 02:21:51 AM
 #17

Really good but why expensive, gold plating is it really.
freedomno1
Legendary
*
Offline Offline

Activity: 1526
Merit: 1023


Activity: 9001 == OP


View Profile WWW
June 05, 2017, 02:27:45 AM
 #18

This is a product I am bringing to the Bitcoin market.  It should be available in a few weeks.

Like the 25 btc Physical Bitcoins, these are gold plated bars that are made to look valuable.  A great way to dress your Bitcoins for what they're worth, and a way for Grandma to hold bitcoins that's easy to understand and requires no technical knowledge.

I'm planning on offering them in two versions:

1 - a 100 BTC bar with a hologram, which works just like a Casascius physical bitcoin.  The hologram itself will be specific to this product and will say Casascius 100 BTC directly on it.

2 - a non-denominated savings bar with a hologram.  You buy your own, and load your own BTC.  The hologram itself will be a Casascius hologram with a valid private key and the hologram says zero BTC, which is mainly a clue that one should check the balance before accepting the bar in a face-to-face transaction.  This is mainly to cater to those who want a good-looking bar, but don't want to send 100 BTC or more through the mail, or who might want it for a different denomination.  I may have the ability to laser-etch other denominations into the bar, but that remains to be seen.

I'm interested in feedback and thoughts.

The bars are 4cm x 8cm, 6mm thick, and weigh about 138g.
It would be nice to see these in both editions the 100 BTC bar would be nice to store and keep around, but the loadable bar is where it is at.
... and then I realized it was a necro well this was worthy of archiving and here I thought Casacius was releasing new editions.

BITEX
            ███     ███     ███
              ███     ███     ███
                ███     ███     ███
                  ███     ███     ███
                    ███     ███     ███
                      ███     ███     ███
                        ███     ███     ███
                          ███     ███     ███
                            ███     ███     ███
                              ███     ███     ███
                            ███     ███     ███
                          ███     ███     ███
                        ███     ███     ███
                      ███     ███     ███
                    ███     ███     ███
                  ███     ███     ███
                ███     ███     ███
              ███     ███     ███
            ███     ███     ███

The First Locally-Embedded, Yet Global, Crypto-Bank
TELEGRAM    FACEBOOK   TWITTER    YOUTUBE    LINE

                  ███     ███     ███
                ███     ███     ███
              ███     ███     ███
            ███     ███     ███
          ███     ███     ███
        ███     ███     ███
      ███     ███     ███
    ███     ███     ███
  ███     ███     ███
███     ███     ███
  ███     ███     ███
    ███     ███     ███
      ███     ███     ███
        ███     ███     ███
          ███     ███     ███
            ███     ███     ███
              ███     ███     ███
               ███     ███     ███
                 ███     ███     ███

WHITEPAPER | ANN
50% discount pre-ICO NOW!
farharhadi
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
June 05, 2017, 04:04:26 AM
 #19

Why it's a bit like the Cheesy ipod, but I think it's a good idea that can be questioned again
Kakmakr
Legendary
*
Offline Offline

Activity: 1470
Merit: 1141

★ ChipMixer | Bitcoin mixing service ★


View Profile
June 05, 2017, 06:40:32 AM
 #20

Was there ever a mintage number of the non-denominational ones released?
Did you just dig out a 6 year old thread? That's necromancy at its finest!

The question is still relevant and I see the user is still posting on the forum. Necroposting can sometimes bring out the good stuff from the archives. The Casascius physical bitcoins are still in fashion and people are more interested in them, when the price hits these record levels.

You tend to dig out all those old coins, when the price goes crazy. ^smile^ < Brag rights for a good investment >  

Ps.. One of those 100BTC bars would have been worth $253 800 today.

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!