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Author Topic: [AUCTION] Bitbill 1 BTC  (Read 907 times)
minerjones
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August 29, 2021, 04:25:37 PM
Last edit: September 01, 2021, 10:25:46 AM by minerjones
Merited by El duderino_ (11), MoparMiningLLC (2), krogoth (1), MrCryptHodl (1), Eclipse33 (1), Foobarsosofar (1)
 #1

https://blockchair.com/bitcoin/address/19wMmy8NkVYyUmVL1hGSQnJhu7fa39NG7W
*This particular Bitbill card was a door prize at a hacker convention in 2013.
*The convention pass will be included along with a signed letter from the owner.

Here is a link to a video made by owner: https://www.youtube.com/watch?v=fAq33AkyapQ

For more information on BitBills, can check out this great thread by forum member krogothmanhattan:
https://bitcointalk.org/index.php?topic=3334918.0




*Local rule: Please limit posts to bids or comments/questions about the item for auction.
**Any new/jr. accounts must be able to show proof of funds and pay a refundable deposit before bidding
STARTING BID: 1.200BTC
MINIMUM BID INCREMENT: 0.005BTC
END TIME: SEPTEMBER 5th, 2021, 14:00:00 PDT
**Payment due within 24 hours of auction end!!**
SNIPE: Any bid made in last 10 minutes will extend the auction 10 minutes beyond the ending time.
If within those 10 extended minutes, a new bid is made, 10 minutes will be added to the auction from the time of that bid.

PAYMENT: Bitcoin BTC. A signed PGP message will be sent to winner with payment address
SHIPPING: Based on location and preference
**Item is being auction on behalf of another user**

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August 29, 2021, 05:15:09 PM
 #2

1.2BTC

Looking for a discount on You Ballet Products? Use the link and get 5% OFF - https://store.balletcrypto.com/discount/Agrawas
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August 29, 2021, 06:29:57 PM
 #3

1.25

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August 29, 2021, 07:50:12 PM
 #4

1.3
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August 29, 2021, 08:09:40 PM
 #5

1.305 BTC Wink
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August 30, 2021, 01:43:17 AM
 #6

legendary collectable, Best of luck with the auction!  Smiley

⸻ ☆ Eclipse ☆ ⸻
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September 01, 2021, 10:26:07 AM
 #7

1.305 BTC Wink

Current high bid

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September 01, 2021, 11:57:02 PM
 #8

1.31

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September 02, 2021, 10:45:41 PM
 #9

Updoot for one of the nicest collectibles around
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September 03, 2021, 01:19:41 AM
 #10

1.315

To err is human, to moo is bovine

https://www.instagram.com/lesbiancow212/
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September 03, 2021, 01:21:03 AM
 #11

What is a door prize?
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September 03, 2021, 01:41:36 AM
Merited by Lesbian Cow (1)
 #12

What is a door prize?

https://www.dictionary.com/browse/door-prize

I am the seller, the con passed out numbered tickets and then at the final days keynote issued some prizes to people who were there.
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September 03, 2021, 03:35:27 AM
 #13

Couple questions, was this the only Btc door prize given that evening and can we see a pic of the convention pass?
You have very strong hands sir. Congrats on not only winning this item but holding on to it for so long


Cheers, Sel


1.32BTC
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September 03, 2021, 11:50:41 AM
 #14

1.32BTC

Current high bid

.
.THE MAPPING NETWORK.
█████████████████   ████████████   ███████   ██
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.BUY .
.
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September 03, 2021, 01:15:18 PM
Last edit: September 03, 2021, 04:55:39 PM by Foobarsosofar
Merited by krogothmanhattan (5)
 #15

Couple questions, was this the only Btc door prize given that evening and can we see a pic of the convention pass?
You have very strong hands sir. Congrats on not only winning this item but holding on to it for so long


Cheers, Sel


1.32BTC

Thanks! Also I have created an NFT of the bitbill, which will be included in the sale.

https://www.nftexplorer.app/collection?creator=BITBQZJGUJHUZD2UQPIK7XLSIRAL4LMLO3XW5EEAQVMHB4THREDZXVUVVA

Here are pics of the conference pass.

https://ibb.co/gd2H27p

https://ibb.co/wSz2c2Z

EDIT: to answer your question, yes I believe it was the only BTC related door prize. I also have reason to believe it was provided by Trammell Hudson, but not been able to reach him to verify.


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September 04, 2021, 12:25:51 AM
Merited by owlcatz (1), Lesbian Cow (1)
 #16

Couple questions, was this the only Btc door prize given that evening and can we see a pic of the convention pass?
You have very strong hands sir. Congrats on not only winning this item but holding on to it for so long


Cheers, Sel


1.32BTC

Thanks! Also I have created an NFT of the bitbill, which will be included in the sale.

https://www.nftexplorer.app/collection?creator=BITBQZJGUJHUZD2UQPIK7XLSIRAL4LMLO3XW5EEAQVMHB4THREDZXVUVVA

Here are pics of the conference pass.

https://ibb.co/gd2H27p

https://ibb.co/wSz2c2Z

EDIT: to answer your question, yes I believe it was the only BTC related door prize. I also have reason to believe it was provided by Trammell Hudson, but not been able to reach him to verify.




Maybe this is coming from my not understanding the value prop of NFTs in general, so I'm curious to hear your thinking around this...What's the logic behind having an NFT of the item that you, as seller/previous owner made?

A random NFT that accompanies this that was minted for the purpose of the sale is almost a negative for me. A fundamental appeal of BitBills, Casascius coins, etc, was that you don't need to have a digital token or key to the item - the value is all there in the physical item, and that aspect of it is part of what makes them so novel and desirable. An NFT just seems like a burden in the sense that it's one more thing I have to keep track of and secure... Like if I sold this 10 or 20 years down the line, is the buyer going to look at this thread and be like "Does it come with the NFT, bro?"

All that being said, 1.33 lol

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September 04, 2021, 12:57:18 AM
 #17

Couple questions, was this the only Btc door prize given that evening and can we see a pic of the convention pass?
You have very strong hands sir. Congrats on not only winning this item but holding on to it for so long


Cheers, Sel


1.32BTC

Thanks! Also I have created an NFT of the bitbill, which will be included in the sale.

https://www.nftexplorer.app/collection?creator=BITBQZJGUJHUZD2UQPIK7XLSIRAL4LMLO3XW5EEAQVMHB4THREDZXVUVVA

Here are pics of the conference pass.

https://ibb.co/gd2H27p

https://ibb.co/wSz2c2Z

EDIT: to answer your question, yes I believe it was the only BTC related door prize. I also have reason to believe it was provided by Trammell Hudson, but not been able to reach him to verify.




Maybe this is coming from my not understanding the value prop of NFTs in general, so I'm curious to hear your thinking around this...What's the logic behind having an NFT of the item that you, as seller/previous owner made?

A random NFT that accompanies this that was minted for the purpose of the sale is almost a negative for me. A fundamental appeal of BitBills, Casascius coins, etc, was that you don't need to have a digital token or key to the item - the value is all there in the physical item, and that aspect of it is part of what makes them so novel and desirable. An NFT just seems like a burden in the sense that it's one more thing I have to keep track of and secure... Like if I sold this 10 or 20 years down the line, is the buyer going to look at this thread and be like "Does it come with the NFT, bro?"

All that being said, 1.33 lol

The high eth gas fees have corrupted this bitbills lolol
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September 04, 2021, 03:39:28 AM
Merited by krogothmanhattan (1)
 #18

Maybe this is coming from my not understanding the value prop of NFTs in general, so I'm curious to hear your thinking around this...What's the logic behind having an NFT of the item that you, as seller/previous owner made?

A random NFT that accompanies this that was minted for the purpose of the sale is almost a negative for me. A fundamental appeal of BitBills, Casascius coins, etc, was that you don't need to have a digital token or key to the item - the value is all there in the physical item, and that aspect of it is part of what makes them so novel and desirable. An NFT just seems like a burden in the sense that it's one more thing I have to keep track of and secure... Like if I sold this 10 or 20 years down the line, is the buyer going to look at this thread and be like "Does it come with the NFT, bro?"

My theory is, the NFT can act as a way for the owner to verify they are the winner of this auction. The bitbill itself could be duplicated from pictures online, but if the winner still holds the NFT it serves as a more trustworthy sign that they are the holder of the bitbill being sold in this auction. This is also a very interesting historical artifact, and this particular bitbill, thanks to my posts here in 2019 and earlier on reddit, and the youtube video, is particularly well documented.

It seems perhaps someday, if the physical object is lost, the NFT is still an interesting artifact (or token rather) of this object having existed, and the value it held as demonstrated in this auction.

Regardless, the buyer can probably auction it immediately and make a couple hundred bucks. NFTs are weird.
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September 04, 2021, 05:51:28 PM
Last edit: September 05, 2021, 05:25:23 PM by selassiesoildier
 #19

1.335BTC
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September 05, 2021, 08:05:42 PM
 #20

1.335BTC

Current high bid.
55 minutes remain

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.THE MAPPING NETWORK.
█████████████████   ████████████   ███████   ██
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❱❱ HOTSPOT
❱❱ MINERS
❱❱ ACCESSORIES
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