Bitcoin Forum
March 25, 2017, 01:48:04 PM *
News: Latest stable version of Bitcoin Core: 0.14.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 [6] 7 8 9 10 »  All
  Print  
Author Topic: Now Here: Casascius 1000 BTC Fine Gold Coin  (Read 23781 times)
wachtwoord
Legendary
*
Offline Offline

Activity: 1554



View Profile WWW
November 26, 2013, 11:15:15 PM
 #101

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.



How much did you sell it for? How did you find a buyer?

1490449684
Hero Member
*
Offline Offline

Posts: 1490449684

View Profile Personal Message (Offline)

Ignore
1490449684
Reply with quote  #2

1490449684
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1490449684
Hero Member
*
Offline Offline

Posts: 1490449684

View Profile Personal Message (Offline)

Ignore
1490449684
Reply with quote  #2

1490449684
Report to moderator
BitAddict
Legendary
*
Offline Offline

Activity: 1106


DoctorBitcoin.com


View Profile WWW
November 27, 2013, 09:03:01 AM
 #102

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.



How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

WoW. Congrats!
I think is hard to say byebye to that beauty  Cry

BitcoinFr34k
Hero Member
*****
Offline Offline

Activity: 490




View Profile
November 27, 2013, 10:41:49 AM
 #103

Wow that's pretty damn awesome Goat. Congratulations, throw yourself a party! :p
wachtwoord
Legendary
*
Offline Offline

Activity: 1554



View Profile WWW
November 27, 2013, 10:44:52 AM
 #104

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.



How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

Indeed, pretty decent investment Wink

The more important question though: where did you park the $1m in value?

bitcoinpsftp
Member
**
Offline Offline

Activity: 84


View Profile
November 27, 2013, 11:38:12 AM
 #105

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.



How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

Indeed, pretty decent investment Wink

The more important question though: where did you park the $1m in value?

DONT answer this hahaha.  4 years from now, when bitcoins are 100k each, and this man is sitting on a 100 million dollar coin, his house will be a better robbery location than a bank vault.  And about robbing physical bitcoins like on a golden coin or paper wallet, once you have it, it's super easy to spend the money afterwards.

Then again, I'm pretty sure it's in a VERY safe place, and not under a pillow even today!

wachtwoord
Legendary
*
Offline Offline

Activity: 1554



View Profile WWW
November 27, 2013, 12:45:19 PM
 #106

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.



How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

Indeed, pretty decent investment Wink

The more important question though: where did you park the $1m in value?

DONT answer this hahaha.  4 years from now, when bitcoins are 100k each, and this man is sitting on a 100 million dollar coin, his house will be a better robbery location than a bank vault.  And about robbing physical bitcoins like on a golden coin or paper wallet, once you have it, it's super easy to spend the money afterwards.

Then again, I'm pretty sure it's in a VERY safe place, and not under a pillow even today!

Goat might have started a "country" by then (or w/e qualifies as such then).

dnaleor
Legendary
*
Offline Offline

Activity: 1358


Want privacy? Use Monero!


View Profile
November 27, 2013, 04:34:19 PM
 #107

I just would have kept that purchase secret and enjoy my coin...
It is such a fascinating coin, worth more than 1 million USD !!!

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
tinus42
Hero Member
*****
Offline Offline

Activity: 574



View Profile
November 28, 2013, 03:42:55 PM
 #108

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.



How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

No way I would have done that. I would have demanded a high markup. This is a very rare coin so why only sell it for the btc value?

Even the 1 BTC brass coins sell at a 40% premium.
klondike_bar
Legendary
*
Offline Offline

Activity: 1456

ASIC wannabe


View Profile
December 12, 2013, 01:55:19 PM
 #109

kinda funny how that gold coin is worth practically nothing compared to 1,000 BTC now.

no kidding. just sold that coin in a fiat/btc/gold trade and lulz. gold is pretty worthless.



How much did you sell it for? How did you find a buyer?

$1,000,000

he contacted me.

No way I would have done that. I would have demanded a high markup. This is a very rare coin so why only sell it for the btc value?

Even the 1 BTC brass coins sell at a 40% premium.

there was a premium.

btc was not $1000 at the time.

unless you sold when btc was under <$800 (why!?)m i would have assumed the 1000BTC bar to easily fetch >1300BTC from the right buyer.

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461 also selling 6" M-F-M PCIe splitters and PCIe-PCIe
No longer a wannabe - now an ASIC owner!
wachtwoord
Legendary
*
Offline Offline

Activity: 1554



View Profile WWW
December 14, 2013, 05:06:27 PM
 #110


the price was set around this time yes.

also i doubt there were too many people willing to pay $250,000 for a coin. maybe but i don't happen to know them. im happy with what we got for it but i do miss the coin. it was my favorite possession but with my travel i was not able to watch over and protect it.

No kidding, if I'd own a coin worth a quarter mill it would be my favorite fucking possession too.

casascius
Mike Caldwell
VIP
Legendary
*
Offline Offline

Activity: 1344


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


View Profile WWW
December 14, 2013, 06:15:04 PM
 #111

Fwiw I think Goat got the very first gold coin I ever completed

It may have not been the first funded but was the first prototype.

When he asked me to sell him a coin i was on my way to Vegas for DefCon and didn't have time to make a new one so I grabbed my own prototype coin and sold it.

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.
wachtwoord
Legendary
*
Offline Offline

Activity: 1554



View Profile WWW
December 14, 2013, 06:59:28 PM
 #112

Fwiw I think Goat got the very first gold coin I ever completed

It may have not been the first funded but was the first prototype.

When he asked me to sell him a coin i was on my way to Vegas for DefCon and didn't have time to make a new one so I grabbed my own prototype coin and sold it.

I told the new buyer this story and glad you confirmed it. At times i wish i did not sell it but with my travel im not sure i could have kept it safe.

Thanks mike for making some epic stuff!

And good luck on dealing with those idiotic regulating agencies giving you grief.

psyclon
Full Member
***
Offline Offline

Activity: 168


View Profile
December 15, 2013, 08:01:03 AM
 #113

I thought trading BTC was illegal in prathet thai since earlier this year.
DoctorG
Sr. Member
****
Offline Offline

Activity: 462


Back in the Black


View Profile
December 15, 2013, 08:11:23 AM
 #114

Fwiw I think Goat got the very first gold coin I ever completed

It may have not been the first funded but was the first prototype.

When he asked me to sell him a coin i was on my way to Vegas for DefCon and didn't have time to make a new one so I grabbed my own prototype coin and sold it.

I told the new buyer this story and glad you confirmed it. At times i wish i did not sell it but with my travel im not sure i could have kept it safe.

Thanks mike for making some epic stuff!

And good luck on dealing with those idiotic regulating agencies giving you grief.

Yes Good luck with that, Casascius - I heard / read/ watched the news with interest.
Bitcoin does have the Fed Reserve concerned, but we need to remember it was a proof of concept, and with China calling it a 'comodity' rahther than a currency its unclear if bitcoin will be able to stand the test of time at this point.
Maybe recent showings of 'The Blackout' in the US and the UK has a darker side the public are not aware of.

i.e. we cant mine or redeem without electricity!!!



psyclon
Full Member
***
Offline Offline

Activity: 168


View Profile
December 17, 2013, 09:25:00 PM
 #115

I thought trading BTC was illegal in prathet thai since earlier this year.

Bitcoin is legal in thailand. Just like gold is legal.

that is true as you say it, however, according to this article here https://bitcoin.co.th/trading-suspended-due-to-bank-of-thailand-advisement/ it is not legal to

    Buying Bitcoins
    Selling Bitcoins
    Buying any goods or services in exchange for Bitcoins
    Selling any goods or services for Bitcoins
    Sending Bitcoins to anyone located outside of Thailand
    Receiving Bitcoins from anyone located outside of Thailand
psyclon
Full Member
***
Offline Offline

Activity: 168


View Profile
December 17, 2013, 10:16:42 PM
 #116

The troll controlls that website. That is not a media source.

how about the Bangkok Post? http://www.bangkokpost.com/business/news/362222/bitcoin-declared-illegal-in-thailand
taltamir
Full Member
***
Offline Offline

Activity: 196


View Profile
December 18, 2013, 12:47:50 AM
 #117

Didn't the last private company to mint gold coins got shut down by the USA and have all their gold confiscated?
dopey
Sr. Member
****
Offline Offline

Activity: 420


Creator of DopeCoin


View Profile WWW
December 20, 2013, 12:46:32 AM
 #118

Very cool man, great job.

DopeCoin Is Here Join the Revolution!                                                          
Freedom Is Not Enough!
taltamir
Full Member
***
Offline Offline

Activity: 196


View Profile
December 20, 2013, 03:04:04 AM
 #119

Didn't the last private company to mint gold coins got shut down by the USA and have all their gold confiscated?

He was supposedly counterfeiting US dollars. That is not all what is going on here.

No, it was not counterfeiting US dollars. It made a coin made out of solid gold and the IRS argued that is counterfeiting because someone might confuse it for a "real dollar". Even though it looked nothing like dollar coins, and was made of gold
taltamir
Full Member
***
Offline Offline

Activity: 196


View Profile
December 20, 2013, 03:07:28 AM
 #120

Didn't the last private company to mint gold coins got shut down by the USA and have all their gold confiscated?

He was supposedly counterfeiting US dollars. That is not all what is going on here.

No, it was not counterfeiting US dollars. It made a coin made out of solid gold and the IRS argued that is counterfeiting because someone might confuse it for a "real dollar"

you do not know what you are talking about. trust me, this is not the same issue.

http://en.wikipedia.org/wiki/Liberty_Dollar

They accused him of everything from counterfeiting to terrorism.
Pages: « 1 2 3 4 5 [6] 7 8 9 10 »  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!