Topic: bitcoin in pure gold (Read 2529 times)
Does that coin even have any tamper proofing on it? Laughable that they're claiming to be the first. Looks to me like they're pretty damn far behind the curve...
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Casascius made pure gold coins a few years ago 
Exactly this guy is not the first and I'm sure he won't be the last person either.Except Casascius gold coins were in a denomination of 1000 BTC:
https://bitcointalksearch.org/topic/now-here-casascius-1000-btc-fine-gold-coin-54845
If only I was around and bought ONE just one back then
That would be a lifer coin unless I was an idiot and lost it somehow or had the most wild night in Vegas and lost it all but probably not lol.
Did anyone notice that the world is backwards on the coin?
A joke perhaps if you dig a hole deep enough you end up in China
Did anyone notice that the world is backwards on the coin?
I would have bought one.... except the words on the coin are juvenile and amateur as hell sounding.
Full sentences explaining what it is LOL : "THE WORLDS FIRST GOLD-BACKED PHYSICAL BITCOINS"
Horrible. You dont put that on a coin. You put something Latin, or short and awesome and aloof sounding. That shit goes on the certificate of authenticity. Not the coin.
"OPEN SOURCE P2P MONEY" <--- you dont put that on the coin itself. Smh ...
Terrible.
Full sentences explaining what it is LOL : "THE WORLDS FIRST GOLD-BACKED PHYSICAL BITCOINS"
Horrible. You dont put that on a coin. You put something Latin, or short and awesome and aloof sounding. That shit goes on the certificate of authenticity. Not the coin.
"OPEN SOURCE P2P MONEY" <--- you dont put that on the coin itself. Smh ...
Terrible.
That is one helluva a sexy coin! So correct me if I'm wrong but there is a QR code for both the public and private keys?
I think silver is really the way to go right now. Just think about it...in the event of a complete financial collapse, if gold prices skyrocket...and you have all this gold...how would you plan on dividing it up when you need to make smaller purchases? Are you going to bite off pieces of gold??? Unless you plan on only making large purchases...silver will be an easier medium of exchange...
Agreed, thats why you want a significant amount of silver as well. And ammo, gas, food, drinking water, and medical supplies.
A beautiful coin, but call me racist or whatever you want but I would be a bit concerned buying a gold coin from China, there is a lot of Tungsten filled bars and coins in China that are tried to be passed off as .999 pure gold. A random person there is not enough confidence for me to be paying for such an item.
Like this?http://www.tungsten-alloy.com/tungsten-alloy-scan-gold-coin.html
Pretty awesome. I've like to do similar but using cheaper materials since I'm kinda poor.
What I would like engraved is the private key encrypted in BIP-38. I just don't like the idea that the persons minting the coin will have access to the private QRC code.
Side note, I like how Forbes & Bloomberg are Bitcoin friendly media outlets.
What I would like engraved is the private key encrypted in BIP-38. I just don't like the idea that the persons minting the coin will have access to the private QRC code.
Side note, I like how Forbes & Bloomberg are Bitcoin friendly media outlets.
Casascius made pure gold coins a few years ago
Exactly this guy is not the first and I'm sure he won't be the last person either.Except Casascius gold coins were in a denomination of 1000 BTC:
https://bitcointalksearch.org/topic/now-here-casascius-1000-btc-fine-gold-coin-54845
Casascius made pure gold coins a few years ago
Exactly this guy is not the first and I'm sure he won't be the last person either.
It is a nice idea. I really like this. How much charge they are going to take?
Nice.
How much premium they charge to make such coin?
How much premium they charge to make such coin?
i estimate sale value as $2000
$1300 for the gold
$600 for the bitcoin
and $100 for the smelting/labour/profit
would be okay for me
Nice.
How much premium they charge to make such coin?
How much premium they charge to make such coin?
i estimate sale value as $2000
$1300 for the gold
$600 for the bitcoin
and $100 for the smelting/labour/profit
Yeah, that's what I call the next generation Casascius coins! But is it really necessary to make those coins from some worthless material? 
nice piece, would buy one
A beautiful coin, but call me racist or whatever you want but I would be a bit concerned buying a gold coin from China, there is a lot of Tungsten filled bars and coins in China that are tried to be passed off as .999 pure gold. A random person there is not enough confidence for me to be paying for such an item.
It isn't racist to acknowledge the fact theat there have been a lot of problems with "gold" that turned out to have a lot of tungsten coming from China. :-)
I agree. ;-)
A beautiful coin, but call me racist or whatever you want but I would be a bit concerned buying a gold coin from China, there is a lot of Tungsten filled bars and coins in China that are tried to be passed off as .999 pure gold. A random person there is not enough confidence for me to be paying for such an item.
It isn't racist to acknowledge the fact theat there have been a lot of problems with "gold" that turned out to have a lot of tungsten coming from China. :-)
I agree. ;-)
But with physical coins, btc will lost status of cryptocurrency! Do you really want it, or i missed some facts about btc??
Yes, you right. But btc stucture implies all criteria of currency, and i don't think, that physical coins let start to up btc project at all.
I think silver is really the way to go right now. Just think about it...in the event of a complete financial collapse, if gold prices skyrocket...and you have all this gold...how would you plan on dividing it up when you need to make smaller purchases? Are you going to bite off pieces of gold??? Unless you plan on only making large purchases...silver will be an easier medium of exchange...
A beautiful coin, but call me racist or whatever you want but I would be a bit concerned buying a gold coin from China, there is a lot of Tungsten filled bars and coins in China that are tried to be passed off as .999 pure gold. A random person there is not enough confidence for me to be paying for such an item.
It isn't racist to acknowledge the fact theat there have been a lot of problems with "gold" that turned out to have a lot of tungsten coming from China. :-)
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