coblee (OP)
Donator
Legendary
Offline
Activity: 1654
Merit: 1329
Creator of Litecoin. Cryptocurrency enthusiast.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2011, 11:36:33 PM |
|
I think Mike Caldwell's physical bitcoins are really cool. I talked to him about creating a bar for storing litecoins. See this for what his bitcoin bars look like: https://bitcointalk.org/index.php?topic=53203.0Then I thought that it would be even cooler if the bar was silver plated and had an 'L' etched in it instead of a 'B'. It seems like in order to do something like that, we would need to order possibly hundreds of these bars. I want to know if there's any interest in this from the Litecoin community. I'm guessing the premium on each bar would be at least $20. Let me know if you are interested and about how many bars, and what denomination would you be intersted in. Obviously a 100 LTC bar does not make much sense as 100 LTC is like $2. To me, 10,000 LTC seems like the right denomination.
|
|
|
|
terrytibbs
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2011, 11:54:15 PM |
|
I would be interested in a 10,000 one.
|
|
|
|
Vanderbleek
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 12:00:05 AM |
|
I don't really understand the whole point of a bar like that -- I thought the purpose of having physical coins was to facilitate in-person trading, and trading where no network connection is available. Bars don't seem to be good for that.
|
|
|
|
Rejinx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 12:00:36 AM |
|
I really like the idea, but I think I need to see LTC make it to its 1 year anniversary. I hope to get oen then. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
Mushroomized
Legendary
Offline
Activity: 1470
Merit: 1002
Hello!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 02:02:57 AM |
|
I would like one, but I can't afford it yet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Good work with litecoin btw
|
hi
|
|
|
SockPuppet
Newbie
Offline
Activity: 21
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 02:54:27 AM |
|
Ok, I'm sure I'm ignorant somehow. I don't understand how digital currency is transformed into physical anything. Is there a private key embedded into it or something?
That said, I'd be interested. I'd rather go with a 5000 coin bar myself though. *shrug*
|
|
|
|
coblee (OP)
Donator
Legendary
Offline
Activity: 1654
Merit: 1329
Creator of Litecoin. Cryptocurrency enthusiast.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 03:04:19 AM |
|
I would like one, but I can't afford it yet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Good work with litecoin btw You can't afford the $20 premium or the 10,000 ltc? If it's the 10,000 ltc, what denomination works better for you? For those not familiar with casascius coins, see here: https://www.casascius.com/
|
|
|
|
SockPuppet
Newbie
Offline
Activity: 21
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 03:18:12 AM |
|
Thanks for the link, Coblee. *VERY* cool. Yes, I'm interested. Another reason the smaller denominations (not absurdly small) are nice would be for the Scrooge McDuck type thing. Handfuls of LTC? That would be cool. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
Mushroomized
Legendary
Offline
Activity: 1470
Merit: 1002
Hello!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 03:29:59 AM |
|
I would like one, but I can't afford it yet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Good work with litecoin btw You can't afford the $20 premium or the 10,000 ltc? If it's the 10,000 ltc, what denomination works better for you? For those not familiar with casascius coins, see here: https://www.casascius.com/Ah, I only have around 1K litecoins is what I mean. Personally I think you should have 500-1k coins, and 10k or 5k bars.
|
hi
|
|
|
kjlimo
Legendary
Offline
Activity: 2114
Merit: 1031
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 03:44:43 AM |
|
I think this is a little premature, but that's just me. I encourage you to keep pushing litecoins!
|
|
|
|
coblee (OP)
Donator
Legendary
Offline
Activity: 1654
Merit: 1329
Creator of Litecoin. Cryptocurrency enthusiast.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 04:07:01 AM |
|
I would like one, but I can't afford it yet ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Good work with litecoin btw You can't afford the $20 premium or the 10,000 ltc? If it's the 10,000 ltc, what denomination works better for you? For those not familiar with casascius coins, see here: https://www.casascius.com/Ah, I only have around 1K litecoins is what I mean. Personally I think you should have 500-1k coins, and 10k or 5k bars. I agree. But the premium on lower denomination coins will be much higher, so I don't think there will be enough demand for those. I think this is a little premature, but that's just me. I encourage you to keep pushing litecoins!
Possibly. I wanted one for my personal collection and will settle for a gold bitcoin bar with storing litecoins. But if enough people are interested in getting a silver one, that would be much cooler.
|
|
|
|
btc_artist
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 154
Merit: 102
Bitcoin!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 04:09:05 AM |
|
I'd be more interested in small denomination coins, tbh.
|
BTC: 1CDCLDBHbAzHyYUkk1wYHPYmrtDZNhk8zf LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
|
|
|
casascius
Mike Caldwell
VIP
Legendary
Offline
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 04:40:32 AM |
|
What I guess you probably want is a chrome plated bar, more so than a silver one, right?
|
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.
|
|
|
BitcoinPorn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 12:57:37 PM |
|
I think I would pay up to $20 for a see through Litecoin. I was thinking about going to McDonalds as they have a promotion going on with these Coca Cola cups for free or something![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.coca-colaconversations.com%2F.a%2F6a00e39332d00988340115710a70e0970c-320wi&t=665&c=5Uvd0v4Lr0Q3Xw) That one all the way in the back of the row, take the bottom of the cup, glass cutter, yup, diy litecoin lol. I would need to up my etching skills, as I have none. Maybe it is too early for the coins. Could we see a mock up of what the bar would look like?
|
|
|
|
Vanderbleek
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 05:25:37 PM |
|
I wonder if there would be a way to encase the private key in clear casting resin, and to get to it you had to break the coin...like a fortune cookie. Would possibly be cheaper than doing metal coins.
|
|
|
|
casascius
Mike Caldwell
VIP
Legendary
Offline
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 07:04:02 PM |
|
Oh hey I just thought of something...
my laser machine can cut AND engrave acrylic. I could make transparent litecoins no problem. Now, no way to hide the private key... but neato as a collector's item.
(If someone throws together the artwork, I MAY make a few just to play with the machine)
(Use Adobe Illustrator... do GREEN cut lines - RGB 00FF00 - must be red vectors 0.5 point to indicate cutting. Where to engrave, do RED #FF0000, this will just whiten the surface without cutting, and can be raster or vector objects)
|
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.
|
|
|
crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 08:31:21 PM |
|
I would love to see litecoin bars. I'd have to read up a bit how/why these are actually secure, but once you had one it would be great to put into a vault or something. Sure 100 LTC is $2 for now, but emphasis on the "FOR NOW". :-)
|
more or less retired.
|
|
|
btc_artist
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 154
Merit: 102
Bitcoin!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 03, 2011, 09:57:19 PM |
|
(Use Adobe Illustrator... do GREEN cut lines - RGB 00FF00 - must be red vectors 0.5 point to indicate cutting. Where to engrave, do RED #FF0000, this will just whiten the surface without cutting, and can be raster or vector objects)
I don't have Illustrator, but I do you a few other graphics programs. Can the laser machine understand any other file formats? What are the specific requirements for a file to be used to engrave?
|
BTC: 1CDCLDBHbAzHyYUkk1wYHPYmrtDZNhk8zf LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
|
|
|
casascius
Mike Caldwell
VIP
Legendary
Offline
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 04, 2011, 05:23:38 AM |
|
(Use Adobe Illustrator... do GREEN cut lines - RGB 00FF00 - must be red vectors 0.5 point to indicate cutting. Where to engrave, do RED #FF0000, this will just whiten the surface without cutting, and can be raster or vector objects)
I don't have Illustrator, but I do you a few other graphics programs. Can the laser machine understand any other file formats? What are the specific requirements for a file to be used to engrave? I could probably just take a high resolution black-and-white image. Black engraves. Maximum DPI possible. No JPEGs.
|
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.
|
|
|
Mushroomized
Legendary
Offline
Activity: 1470
Merit: 1002
Hello!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 04, 2011, 03:56:37 PM |
|
I think it would be neat to have a rainbow shine type effect on this, if that's even possible.
|
hi
|
|
|
|