Bitcoin Forum
May 14, 2024, 01:39:03 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > A 100 Bitcoin Casascius redeemed
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: A 100 Bitcoin Casascius redeemed  (Read 171 times)
TravelMug (OP)
Hero Member
*****
Offline Offline

Activity: 2632
Merit: 833



View Profile
December 25, 2019, 12:04:36 PM
 #1
For the record, a 100 Bitcoin Casascius coin was redeemed recently. It was created on February 2013 and now it's worth more than $700K. Very interesting that he had kept it for so long, would have been worth more if he peeled it off last 2017 though.  Grin


https://twitter.com/casasciusbot/status/1209020846230011905

Here is the transaction:

https://www.blockchain.com/btc/address/1GcVYbhHTpsrTEn812h2JjBtkBWmaZ14Zg
R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀		LLBIT│
  CRYPTO   
FUTURES
│
 1,000x 
LEVERAGE
│
COMPETITIVE
    FEES    
│
 INSTANT 
EXECUTION
│.
   TRADE NOW   
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715693943
Hero Member
*
Offline Offline

Posts: 1715693943

View Profile Personal Message (Offline)

Ignore
1715693943
1715693943
Reply with quote  #2
1715693943
Report to moderator
1715693943
Hero Member
*
Offline Offline

Posts: 1715693943

View Profile Personal Message (Offline)

Ignore
1715693943
1715693943
Reply with quote  #2
1715693943
Report to moderator
1715693943
Hero Member
*
Offline Offline

Posts: 1715693943

View Profile Personal Message (Offline)

Ignore
1715693943
1715693943
Reply with quote  #2
1715693943
Report to moderator
Jating
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 808


View Profile
December 25, 2019, 11:42:27 PM
 #2
Doesn't make sense to peel it off at this time, he could make a lot of money if he just continue to hold on it. After all he has been holding it for the last six years, so it baffles me to say the least. So I only see this possibilities.

(1) he really needed the money
(2) maybe he forgot about the coin for the longest time and most likely he still in the profit regardless of the current price so he just redeemed it right away
(3) it was stolen from him
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > A 100 Bitcoin Casascius redeemed
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!