Topic: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic) - page 12. (Read 130362 times)

I await ATM machine for Bitcoins, i will start the project if it does not come up by Mid 2014, the more reason i love bitcoin so much is all about its transparency..

Its the future and i use it proudly and all i do hope is that the government just allow its users world wide the freedom of using it, banking with it..

ATM mode in progress, together we move the world forward to the better place with bitcoins... 

Once you let him know that you have received the coin, he will send you a follow up email with the entire address of the coin and let you know it was funded. He is most likely behind/busy, but I am sure he will get to it soon.

when i search them on uberbills, they all say opened. when i search on blockchain, i can't find them.

i ordered these straight from casascius.com, so i don't think they are counterfeit. i do also see them on the pgp signed list.

i did email mike do fund the coins 2 days ago and yesterday as well. maybe he hasn't gotten around to it yet. could that be the reason i can't find them?

I think nightowlace has an offering of each right now. You could also check the collectible marketplace (link in signature).
I'll be getting some in soon.

Acquisition price plays a huge role in resale price. What you consider a reasonable price as a buyer might differ from what a seller considers a reasonable price. This becomes especially true once coins hit the aftermarket.  Buyers do not buy casascius coins with USD, they buy them with Bitcoins. We tend to be reluctant to sell things at a loss. I believe that's why you see sales dry up, temporarily, during price run-ups. Then when prices level, we re-learn that the premiums remain in BTC terms. This was proven during the run-up from $5 to the $100s, when the 10 BTC coins sold for 30+ BTC with BTC spot in the $100s, and again when Goat sold his 1000 BTC coin for 1250 with BTC at $800.

Especially for the 0.1 BTC coins, this plays a huge factor. These coins had a 450% markup, the most of any casascius offering I can recall, for most of their offered time. 9 BTC for 2.0 in spot value.  At the tail end, a few people were able to get theirs for 4.xx BTC for 20.  

Right now, with prices surging, you'll hear a lot of crickets, both on the buying and selling end.

This is a speculative guess, but the collectors that bought at the tail-end might be willing to sell theirs for that 2-3x markup. Once they're gone, I'd anticipate willing sellers to dry up. Most of the purchased coins go to strong hands, investors, and those with a long term view.

Where can I buy a 0.1 or 0.5 to an reasonable price for the time being?

Yeah, I was just going to say, counterfeits will have the same numbers as actual physical coins. Just like fake dollar bills have the same serial numbers as real ones. They can sell the same coin to 20 people for the face value, and none of them can or will redeem the private key.

It's possible that a counterfeiter could vanity-generate everything to be collisions of the first 8 characters to coincide with my list, or simply just rip prefixes off my list (nothing holds a counterfeiter to actually funding the coins).  Though, judging by the stickers, this particular counterfeiter did not choose to do this.  My list is thorough and complete though, it's safe to say that if you have a "Casascius" coin and can't find the prefix on my list, then it's not genuine.

Mike publishes a pgp-signed list of all addresses he's ever used: https://www.casascius.com/faq.aspx

So, if you have a "Casascius" coin with an address that does NOT appear on that list, it's a counterfeit. If the address IS on that list, you can rest assured that it was produced by Casascius (though you should still *always* check the balance to make sure it hasn't been redeemed).

As Chainsaw pointed out above, it's easy to punch the first few characters of your coin's address into a lookup tool to verify these things.

You can enter the prefix you see on the outside of the coin here, or on blockchain.
It will confirm the number of BTC you paid for are loaded on the address contained on the back of the hologram.

lol what? how do u not know what u bought?

okay so i got my order, how to i how much bitcoins are in them?

congratulations

Heads up, please be aware of possible Casascius coin counterfeits.

http://casascius.wordpress.com/2013/12/10/possible-counterfeits-to-be-aware-of/

Those 0.1 coins with the new hologram look awesome! Too bad they're going for 4x the price.

Thanks for the update on your current situation Casascius, much appreciated!

I hope things go well for you too, more than even.

Hopefully the post-holiday season brings some good news.

I have been traveling a fair bit in the past couple weeks, something I don't preannounce.  So that has been making me a bit slow on answering emails and funding coins (as well as stickering/keying them as necessary).  Shipments are still going out even when I travel - we stickered the last of the production run gold-plated silver coins today, so if your order contains these, it's likely to go out today.  Any outstanding 2-factor bars were all just finished as well.  If it has any 0.1 btc rolls, that'll be another couple days.  To be honest, there's a bit of relief to not be taking orders - I had no idea I'd even get this far behind.

And just a brief update on where the money transmitter effort is going: evaluating how the state governments will react to FinCEN taking a stand that I'm a money transmitter... since I've come to understand that it's actually the states that are more aggressive in regulating who can and can't "transmit" money... the feds seemingly want more than anything, the unbridled ability to follow money as it moves, and less to prohibit people who are willing and able to follow their reporting rules.  There's a lot of states and I'm sure you've all heard that getting licensed in 50 states is a monumental undertaking, but even winning any sort of victory in my home state of Utah may enable a broad category of orders, possibly including international ones.

Pending orders should be going out like normal. In fact, I received mine yesterday.

Does anyone know what casascius is doing with pending orders? I placed my order 11 days ago and haven't heard a peep from him, despite a couple of polite emails.

I know he must be tremendously busy, but it would be nice to be updated and made aware about what is happening with these orders.

Precious metal dealers are also subject to AML/KYC regulations.

Has he said somewhere that being a money transmitter is what he is worried about? My guess was actually that he is thinking that maybe his coins could be interpreted as an investment that only qualified investors can invest in (just as private shares in the US can only be sold to qualified investors).

scotjam