Topic: BTCC announces Titanium physical bitcoins - page 3. (Read 7725 times)

I got really lucky. BTCC also listed my coin with the full value but I didn't get charged with VATs at all. I guess it slipped through customs  . I still don't like their solution of giving a discount on a future purchase. That forces you to buy a new product instead of fixing their fault. A huge company like BTCC could easily refund the select people that were overcharged with VATs and still make a decent profit. Handling issues like this in a professional matter is also great advertisement and could increase their sales.

Two weeks after shipment, FedEx send my bill 124.22 EUR  for one coin (one Bitcoin)
Thank you BTCC for extra tax. Burned my trust !

To anyone interested in statistics, like how many coins there are etc..

Unofficial BTCC Coin Tracker: https://anduck.net/bitcoin/btcc_coins.html

The data is updated every hour.

Happy to set up a new group buy if anyone is interested.....

thanks

Got some discount codes for 5btc coin emailed based on 1btc coin purchase... Looks like it was a mass email, some others should be getting them too.

Happy to set up a new group buy if anyone is interested.....

thanks

I think they started shipping them too

Just got an email from the tracker that new Fives were mined!

yah good one... 

Or.... "fifth anniversary"

Oh and I think the "V" in V Series stands for the roman numeral 5, of course I may be wrong.
They may be counting down from V (5), IV (4), III (3), II (2), I (1) or up, however why start with 5 not 1?

Maybe it's the 5th series after the tests or relates to the different materials they are going to use for different series?
The 5BTC version is still a V Series, maybe different designs?
They may be counting down from how many millions Bitcoins are still to be mined, currently 5,364,100...

I'm only assuming... Maybe is just a V.
I was born curious  

Thanks, Bobby!

Good feedback. I've now set the system to only look for BTCC-mined blocks. Also updated the site a little - shows the Five Bitcoin series coins now too.

These coins are definitely cool! I really like the material choice and that the bitcoins are mined straight into them.

-A

Yes, it is pricey.  1 BTC premium is not cheap, and we fully understand that.

Thank you for giving me the opportunity to address this issue on price.

The reason is simple: We are a real business and we want to make a profit, so that we can continue to operate, and fulfill our vision and mission of bringing to the world the most convenient and trustworthy digital currency services.  That's BTCC, and that's our passion.

I'm sure there are others out there, who wants to make physical bitcoins in a non-profit fashion.  I think that's also great and I commend them.  (As a consumer, I'm sure you would prefer to get everything you want, at the cheapest price.)

However, for us, we are operating as a company, spending money in R&D and marketing, and even created a really nice video showcasing the creation process of our Titanium physical bitcoins.  Hope you've watched and enjoyed that video.  These things take real effort; many employees involved, and real amounts of money.

Here's a link to the video again, in case you haven't seen it yet:
https://www.youtube.com/watch?v=KkmYwsd-VzU

In terms of the material, Titanium versus precious metal:  I've answered this before, in many ways, I truly feel that Titanium is better than gold or silver for physical bitcoins.  As you know, gold and silver, due to the precious metal nature, is still restricted at customs and border controls when going in/out of a country.  Do you really want to deal with that hassle when moving your physical bitcoins?  Besides, here's the most important question: Are you really buying the physical bitcoin for its (precious) metal value, or is it the bitcoin and the uniqueness of the newly mined bitcoin that is truly valuable?  I like the latter, and not the former.

With your help and support, we hope to be successful with this new line of business at BTCC.  And if we are, then we promise to continue to bring you more great products from BTCC Mint.  Trust me, there's lots more coming!  ;-)

thanks,
Bobby

Anduck, if you want to determine which blocks are for BTCC Mint coins, you can look for the "BTCC" in the coinbase block header of the transaction.  All BTCC Mint coins should have that in the header of coinbase.

This should help you filter out all of the non-BTCC blocks.

Really nicely done!  I like it.
(It's also nice that these V-Series coins are all straight from the coinbase transaction, so it's incredibly easy and transparent as to the number of coins minted and redeemed.)

Since you've done such a nice job with your website at monitoring our production, I'll give you some cool tidbits and also an important correction:

1) the 50 address in your first 2 blocks (393716 & 393816) are actually NOT mined by us at BTCC.  Therefore, they were not part of any BTCC Mint coins at all.  I'm not sure how your algorithm picked up these two blocks.  If you could, please remove it from your DB so that users have more accurate information.

2) the next 4 blocks (394051, 394111, 405240, and 405251) were ours, but actually mined into our "artists proof" coins.  These are not the ones you see for sale now.  We've been using them for testing, which is why you see some redemptions. We have also saved some as souvenirs, and given some away to people.

3) blocks 409881 and onwards, are truly the 2016 V Series, One Bitcoin editions, made of Titanium.  Some early ones here have also been used for testing, photo shoots, and some damaged ones have been redeemed, etc.

Keep up the good work Anduck!

And stay tuned for more exciting products from BTCC Mint!

thanks,
Bobby