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Author Topic: 1000 BTC gold bar  (Read 7729 times)
casascius
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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November 29, 2011, 06:03:18 AM
 #1

Just thought I would post this image of my newly homemade 1000 BTC gold bar.

This is a 1-of-a-kind bar I did with some laser equipment I recently acquired.  It looks really sweet!  I'm not selling it, though I can probably be talked into making some if there's any serious interest from those of you who happen to have 1000 BTC lying around and want it in the form of a bar.  It is a derivative of the 100 BTC bar I actually have been selling.

I lasered the denomination both into the bar, and into the hologram.  The laser seems to give the hologram a neat glittery effect.



The bitcoins on the bar are real: http://blockexplorer.com/address/1AVLk3NSP7djqjPdRNff3CzVMqobk4imup

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.
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Coinabul
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Coinabul - Gold Unbarred


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November 29, 2011, 06:15:31 AM
 #2

Is that 100% real gold? Cheesy

Coinabul.com - Gold Unbarred
Website owners, let me put my ads on your site! PM me!
casascius
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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November 29, 2011, 06:19:25 AM
 #3

Is that 100% real gold? Cheesy

Real gold plated.  And the bitcoins are 100% real.

I would do a solid gold coin or gold bar if provided the coin or bar in the right dimensions.  The mint doing my silver coins would also probably do gold coins but I would have to do them in a quantity that made economic sense... which is probably going to be unlikely.  I suppose I could do it if I merely intended to hold the gold, but that would be a lot of gold.

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.
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Bitcoin!


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November 29, 2011, 06:57:35 AM
 #4

Sweet.

BTC: 1CDCLDBHbAzHyYUkk1wYHPYmrtDZNhk8zf
LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
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November 29, 2011, 07:46:38 AM
 #5

very cool man, but I prefer and only can afford your 0.01 BTC bar

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Firstbits: Compromised. Thanks, Android!


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November 29, 2011, 02:55:46 PM
 #6

Very nice! I'm practically drooling.

Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
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In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber
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The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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November 29, 2011, 03:24:03 PM
 #7

How many ounces of gold is this?
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Bitcoin!


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November 29, 2011, 03:40:28 PM
 #8

How many ounces of gold is this?
It's gold plated.

BTC: 1CDCLDBHbAzHyYUkk1wYHPYmrtDZNhk8zf
LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
DeathAndTaxes
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Gerald Davis


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November 29, 2011, 03:43:16 PM
 #9

How many ounces of gold is this?
It's gold plated.

Likely in the micrograms. 
ineededausername
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bitcoin hundred-aire


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November 29, 2011, 03:46:37 PM
 #10

how much would this cost? (in BTC)

(BFL)^2 < 0
casascius
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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November 29, 2011, 04:11:21 PM
 #11

I am already selling a blank collector's bar on my website.  All this is, is the blank bar, with a lasered-on denomination and hologram.

Buy my bar, and I will add a hologram and any denomination you want.  However, you will need to send me the BTC equal to the denomination and I will pre-load it, as it counts as a valid bar and I can't have them floating around unloaded.  (I reserve the right to charge for the lasering, but at this point, I will do it for free with purchase of the bar).

(While I am at it, I can laser just about anything else - for example, if a 50 BTC bar were gifted from bosses to employees for Christmas, it could say "50 BTC from all of us at..." and a company logo).

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.
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December 01, 2011, 04:46:02 AM
 #12

Now you can use Paypal or a CC to buy it!

http://www.memorydealers.com/1000-casascius-bitcoins-gold-bar.html

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December 01, 2011, 11:29:15 PM
 #13

I just realised that you're essentially selling Bitcoins for as low as a third of the price currently being asked on the exchanges.

I'm surprised people aren't buying them purely to sell the Bitcoins on the exchanges - pretty be damned!

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
casascius
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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December 01, 2011, 11:35:13 PM
 #14

I just realised that you're essentially selling Bitcoins for as low as a third of the price currently being asked on the exchanges.

I'm surprised people aren't buying them purely to sell the Bitcoins on the exchanges - pretty be damned!

How did you determine this?  It looks to me like he is charging a 13.5% markup over the price on the exchanges.

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.
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December 01, 2011, 11:42:27 PM
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I just want to say that casascius and memory dealers are my favorite bitcoin persons! :3
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You're fat, because you dont have any pics on FB


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December 02, 2011, 12:03:38 AM
 #16

Casascius I think you have enough different items to offer a whole kit of your coins, minus the 1000 bar of course.

Im guessing you have a laser etcher now too ?  the old mouse wheel should be turning good now.. Smiley


Love your products brother...


For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
casascius
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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December 02, 2011, 12:05:21 AM
 #17

I just got word that the bar you see in the picture has just been bought through MemoryDealers.  Which means it's time to whip up more.

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.
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December 02, 2011, 12:22:27 AM
 #18

I just realised that you're essentially selling Bitcoins for as low as a third of the price currently being asked on the exchanges.

I'm surprised people aren't buying them purely to sell the Bitcoins on the exchanges - pretty be damned!

How did you determine this?  It looks to me like he is charging a 13.5% markup over the price on the exchanges.

My mistake.  I just realised that your website only denotes prices in Bitcoins and not in $.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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December 02, 2011, 01:22:02 AM
 #19

you should've made it with 10x the gold of the 100BTC bar.
casascius
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)


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December 02, 2011, 02:41:34 AM
 #20

you should've made it with 10x the gold of the 100BTC bar.

It has an appeal for being cheap: it's a plausible way for someone to buy 1000 BTC for credit card but still be buying a tangible good, for the lowest possible premium.

Increasing the gold content would drive up the price.

I am getting more inquiries about the 1000 BTC gold coin idea.  I discussed it with the factory who did my silver coins.  I might seriously be able to do it for $200 over spot price (of both BTC and gold), on a fully-refundable-deposit pre-order basis.  It costs a lot to do a small run of custom gold coins, but at that price, it's also not ridiculous given the total price of the item.

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.
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