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Topic: A new physical BitCoin coin design (Read 1045 times)

legendary
Activity: 2254
Merit: 1140
July 04, 2017, 06:32:36 PM
#23
I would highly suggest you go the route of unfunded, numbered coins.    Whether you choose assembled, or DIY coins, that is up to you.   

I'm definitely looking forward to seeing your design.
legendary
Activity: 2674
Merit: 2965
Terminated.
July 04, 2017, 02:11:16 PM
#22
NA NA NA NA NA NA NA NA NA NA NA NA NA NA StupidCoinMan!

All I can say is, please no preloaded coins from randoms and:

Don't do licensed and trademarked properties.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
July 01, 2017, 07:00:30 AM
#21
no probs man - people just need to be cautious in this space, especially the new collectors. I am all for innovation, but a compromised forum account is a HUGE red flag to me and plenty of other collectors on here.

some of the newer members need to be aware of this.
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
July 01, 2017, 06:55:57 AM
#20
kialara, titan, smoothie and BTCC have all proven they are trustworthy with private keys.

I don't get why people would even think about buying off someone who can't even manage opsec on a forum account

Tman..thanks..never dealt with Titan and Btcc..but probably will. Is there a list out  there on who was breached or never funded the coins to begin with? That would be helpful for us all if someone created it.

           And again...Yes this guy did allow his account to be breached..but if he creates a coin I will buy one regardless. Uloaded it will be and stay. I mean I prefer loaded coins..but like you pointed out..some people might not be able to handle it or a reputable reputation. But thanks for pointing all of this out..your advice is respected and well heeded
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
July 01, 2017, 06:47:31 AM
#19
Thanks for the info Shocked...with the exception of Cas and Denarium..I personally would not buy any high end BTC loaded coins..i would buy unloaded coins though.

Just curious Krogoth but do you feel that Lealana funded coins are not trustworthy for some reason?

Keep in mind that any physical crypto coin maker could potentially keep a record of the private keys they have assembled, even from unloaded coins.  If they were unscrupulous they could just wait until the coins are funded by an end-user and sweep out the value then.  So to me funded or unfunded really makes no difference in this game.  You are always placing some amount of faith/trust in the maker of the coin. 

 Yep..would trust Lealana too...forgot to add him too...but when i say buy them unloaded..i will keep them unloaded..why would I load them if i dont trust them to begin with? And if i did load the coins..i would generate and place my own private key and public key.
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
July 01, 2017, 06:21:25 AM
#18
kialara, titan, smoothie and BTCC have all proven they are trustworthy with private keys.

I don't get why people would even think about buying off someone who can't even manage opsec on a forum account
member
Activity: 466
Merit: 74
July 01, 2017, 06:13:27 AM
#17
Thanks for the info Shocked...with the exception of Cas and Denarium..I personally would not buy any high end BTC loaded coins..i would buy unloaded coins though.

Just curious Krogoth but do you feel that Lealana funded coins are not trustworthy for some reason?

Keep in mind that any physical crypto coin maker could potentially keep a record of the private keys they have assembled, even from unloaded coins.  If they were unscrupulous they could just wait until the coins are funded by an end-user and sweep out the value then.  So to me funded or unfunded really makes no difference in this game.  You are always placing some amount of faith/trust in the maker of the coin. 
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
July 01, 2017, 05:35:42 AM
#16
Thanks for the info Shocked...with the exception of Cas,Lialana and Denarium amongst the few..I personally would not buy any high end BTC loaded coins..i would buy unloaded coins though.

P.S. edited to include Lialana and the few
legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
July 01, 2017, 05:26:18 AM
#15
Guys you do realise this guy had his original account compromised... if he can't look after a forum account when on earth would anyone trust him with private keys?
legendary
Activity: 2828
Merit: 1222
Just looking for peace
July 01, 2017, 12:09:12 AM
#14
did i got late?

#3 , #4 #5 and # 15 please
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
June 30, 2017, 06:49:44 AM
#13
Put me down for coin #2 ?  Tongue
legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
June 30, 2017, 12:29:39 AM
#12
Quote
1. I do not have enough BTC to fund 1 BTC coins. How do I deal with this?  Roll Eyes
2. Shall I create numbered coins?
3. Any other inputs?

1. You are new/unknown as a coin maker so I doubt people will trust you enough to buy pre-loaded coin. I think a DIY version (or a very low denomination) is the best way to start.
2. Most people like numbered coins since it shows that a coin has a limited mintage.
3. I would go for an original idea/design. Using trademarked images can get you into trouble. You could share you design (via PM) with people that visit here often and ask for input.
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
June 29, 2017, 08:56:15 PM
#11
Don't do licensed and trademarked properties.  You're asking for legal trouble.  Since you aren't known well, don't do funded coins, due to people not knowing you, and a funded 1 BTC is a barrier to many customers.  There's also FinCen issues if selling to US customers.  However there are some legal workarounds to that.

I would do serial numbers though.  Consider 1oz silver.  Custom Holograms on the back

I agree with both statements.  Dont deal with liscenced products.  Just a headache for you and shouldnt be done anyway.  Loaded coins i would stay away from especially high dollar amounts.  Less and less people would be willing to stick their nose out due to some unfortunate happenings with loaded coins (alitin, coinographic, etc) stick to unloaded coins

Edit: unless you can make the exact coin in dazedfools post.  That would be sick  Grin

How many manufacturers and what names had their coins breached? Is there a list that we can check?
BG4
legendary
Activity: 1006
Merit: 1024
PaperSafe
June 29, 2017, 08:05:08 PM
#10
First...You must  be vetted by the Coin Council.....
legendary
Activity: 3752
Merit: 1415
June 29, 2017, 08:03:50 PM
#9
Don't do licensed and trademarked properties.  You're asking for legal trouble.  Since you aren't known well, don't do funded coins, due to people not knowing you, and a funded 1 BTC is a barrier to many customers.  There's also FinCen issues if selling to US customers.  However there are some legal workarounds to that.

I would do serial numbers though.  Consider 1oz silver.  Custom Holograms on the back

I agree with both statements.  Dont deal with liscenced products.  Just a headache for you and shouldnt be done anyway.  Loaded coins i would stay away from especially high dollar amounts.  Less and less people would be willing to stick their nose out due to some unfortunate happenings with loaded coins (alitin, coinographic, etc) stick to unloaded coins

Edit: unless you can make the exact coin in dazedfools post.  That would be sick  Grin
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
June 29, 2017, 07:48:00 PM
#8
As a crypto coin collector I would be a buyer for the right price. So consider me a prospective buyer. It would be a great addition to my collection..please keep me updated
legendary
Activity: 3570
Merit: 1959
legendary
Activity: 1534
Merit: 1133
derp
June 29, 2017, 06:44:25 PM
#6

                                                         /(_M_)\
                                                        |           |   aka BTCATMAN  Shocked
                                                         \/~V~\/   


legendary
Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
June 29, 2017, 06:36:05 PM
#5
MUG
legendary
Activity: 1253
Merit: 1203
June 29, 2017, 05:58:40 PM
#4
make sure on your coin it doesnt say BitCoin because nobody spells it like that, i assume your autocorrect may have taken over.
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