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[pandamatrix]

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[ANTIcentralized]

I personally do not see any value in physical bitcoin. Bitcoin gets it value from the security of the network and blockchain. Having something in your hand does not give you anything.

[Yakamoto]

I personally do not see any value in physical bitcoin. Bitcoin gets it value from the security of the network and blockchain. Having something in your hand does not give you anything.

I think along the same lines as this.

Physical Bitcoins don't necessarily have a value, unless there is a wallet stored on the coin. Otherwise, why don't I go make a bunch of copper physical Bitcoins, and sell them for $600? See where I'm going with this?

Physical coins are just for show, unless you have an urge to print out a copy of your wallet onto paper.

[ncsupanda]

I personally do not see any value in physical bitcoin. Bitcoin gets it value from the security of the network and blockchain. Having something in your hand does not give you anything.

I think along the same lines as this.

Physical Bitcoins don't necessarily have a value, unless there is a wallet stored on the coin. Otherwise, why don't I go make a bunch of copper physical Bitcoins, and sell them for $600? See where I'm going with this?

Physical coins are just for show, unless you have an urge to print out a copy of your wallet onto paper.

There's a fairly good market for these coins as collectors items though.

[notlist3d]

I personally do not see any value in physical bitcoin. Bitcoin gets it value from the security of the network and blockchain. Having something in your hand does not give you anything.

I think along the same lines as this.

Physical Bitcoins don't necessarily have a value, unless there is a wallet stored on the coin. Otherwise, why don't I go make a bunch of copper physical Bitcoins, and sell them for $600? See where I'm going with this?

Physical coins are just for show, unless you have an urge to print out a copy of your wallet onto paper.

There's a fairly good market for these coins as collectors items though.

I would agree it's more of a collectors item.  Some made of certain things silver/gold yes do have value on their own. 

They are a cool item you could put your key in and put in a safety deposit box or something.  But most likely you will be better off keeping coin "mint" as it seems to be collector's items.

[valvalis]

physical bitcoins doesn't have any value. Physical bitcoins just for collection. Why are you using bitcoin if you make it to physical thing? It makes bitcoin same as fiat.

[BTCfan668]

I personally do not see any value in physical bitcoin. Bitcoin gets it value from the security of the network and blockchain. Having something in your hand does not give you anything.

I think along the same lines as this.

Physical Bitcoins don't necessarily have a value, unless there is a wallet stored on the coin. Otherwise, why don't I go make a bunch of copper physical Bitcoins, and sell them for $600? See where I'm going with this?

Physical coins are just for show, unless you have an urge to print out a copy of your wallet onto paper.

There's a fairly good market for these coins as collectors items though.

There is a good collectors market for these, however I doubt the market will last, and anyone who tries to "invest" in these coins will likely end up loosing money.

[ranochigo]

physical bitcoins doesn't have any value. Physical bitcoins just for collection. Why are you using bitcoin if you make it to physical thing? It makes bitcoin same as fiat.

They have bitcoin value if there are loaded BTC inside. To redeem those BTC, the user can just tear off the hologram and redeem it. Physical Bitcoin are usually just for display purposes, Newspaper and magazine can't represent BTC well without physical things and pictures. Redeemed Physical Bitcoin can be resold again, for collectors usually.

[elliwilli]

As others have said physical bitcoins are a novelty/collectors item, no-one really accepts them as a method of paying in bitcoin because they are possible to counterfeit.
From what i know Cassius coins are the best and i had not heard of titan until this post so...

do what you want though, they are a awesome novelty/collectors item.

[InwardContour]

You can find some examples of the physycal bitcoins here in the bitcointalk market section,
they are usually sold to collectors. There are some rare editions which are very expensive.

[Peter882]

physical bitcoins doesn't have any value. Physical bitcoins just for collection.
Why are you using bitcoin if you make it to physical thing? It makes bitcoin same as fiat.

As a collector's item, physical bitcoin has a high value.

Check https://bitcointalk.org/index.php?board=51 and you will see people selling their physical bitcoin for way more than the face value (for example https://bitcointalk.org/index.php?topic=726914.0).

[BeatMo]

Physical bitcoin cannot exist, because Bitcoin is a string of characters. How can it be physical?

[some1]

Hi,

I've been spending some time trying to figure this out, but I think I need to hear the thoughts of some more experienced people.

I'm interesting in buying a physical bitcoin (yes, I'm super late to the party). Thinking either a Casascius 0.5 being resold somewhere, or one of the Titan Bitcoin coins. Questions are thusly:

1. Do you think a Casascius 0.5 has any value going forwards, or is this the top of some kind of bubble? What's a fair price, today? If only I had a time machine...
2. What do you think of the Titan Bitcoins?

Any other ideas/thoughts?

Thanks!

I don't think a physical bitcoin has bigger value than an electronic one.

Why don't you make a paper wallet yourself?
You can easily find a guide in this forum.

[Peter882]

Physical bitcoin cannot exist, because Bitcoin is a string of characters. How can it be physical?

Someone generated a private key, sent some bitcoin to the address, and sealed the private key inside the physical coin with some protection.
Of course, you need to trust the manufacturer for really putting the private key inside the coin but not keeping a log of the private key.

[leezay]

Physical bitcoin cannot exist, because Bitcoin is a string of characters. How can it be physical?

Someone generated a private key, sent some bitcoin to the address, and sealed the private key inside the physical coin with some protection.
Of course, you need to trust the manufacturer for really putting the private key inside the coin but not keeping a log of the private key.

Kind of defeat the whole purpose cryptography having someone else peak at the key.

[lynn_402]

Physical bitcoin cannot exist, because Bitcoin is a string of characters. How can it be physical?

Someone generated a private key, sent some bitcoin to the address, and sealed the private key inside the physical coin with some protection.
Of course, you need to trust the manufacturer for really putting the private key inside the coin but not keeping a log of the private key.

Kind of defeat the whole purpose cryptography having someone else peak at the key.

They are mostly used as novelty thought, so in that case security is not that important.

[DhaniBoy]

Hi,

I've been spending some time trying to figure this out, but I think I need to hear the thoughts of some more experienced people.

I'm interesting in buying a physical bitcoin (yes, I'm super late to the party). Thinking either a Casascius 0.5 being resold somewhere, or one of the Titan Bitcoin coins. Questions are thusly:

1. Do you think a Casascius 0.5 has any value going forwards, or is this the top of some kind of bubble? What's a fair price, today? If only I had a time machine...
2. What do you think of the Titan Bitcoins?

Any other ideas/thoughts?

Thanks!

physical coins of bitcoins is not important for me, how to get BTC is more important, having much BTC and can buy anything is my dream, thanks ...

[Sonny]

To be honest, I can't really understand why people buy those physical coins at a high premium, and some even pay good money for unloaded coins.

[aronnov]

Hi,

I've been spending some time trying to figure this out, but I think I need to hear the thoughts of some more experienced people.

I'm interesting in buying a physical bitcoin (yes, I'm super late to the party). Thinking either a Casascius 0.5 being resold somewhere, or one of the Titan Bitcoin coins. Questions are thusly:

1. Do you think a Casascius 0.5 has any value going forwards, or is this the top of some kind of bubble? What's a fair price, today? If only I had a time machine...
2. What do you think of the Titan Bitcoins?

Any other ideas/thoughts?

Thanks!

more important is the value of bitcoin than physical bitcoin, if physical bitcoin increase taxes good, the value of bitcoin will decrease

[Bitcoins101]

I personally do not see any value in physical bitcoin. Bitcoin gets it value from the security of the network and blockchain. Having something in your hand does not give you anything.

It's really more of a collectible than anything. Physical bitcoins will never catch on as a form of currency, as that was never the purpose. They've always been and always will be a novelty.

To be honest, I can't really understand why people buy those physical coins at a high premium, and some even pay good money for unloaded coins.

Because they're collectibles, damnit!