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Topic: CASASCIUS PHYSICAL BITCOIN - In Stock Now! (pic) - page 13. (Read 130362 times)

sr. member
Activity: 252
Merit: 250
I'd bet some bitcoin that the regulators have incorrrectly assumed that Casascius takes USD in exchange for his coins, and that this will consequently blow over once that point is refuted. In fact, it was rather prescient to avoid taking USD in the first place for this very reason.

Whether he is a MSB or not does not really matter. Once the government claims you are a MSB they "suggest" you stop your business until the matter is resolved and decided on (whether in your favor or not). So obviously cassascius has decided to heed the warning and the next part (waiting on an official decision) can take years.

Sadly this could be the end of Casascius bitcoins, hopefully not and I am definitely not trying to stir up controversy just stating the simple fact that the government can bend its own rules without fear of retribution. The government is sneaky.
Edit:
I read what was on the site and not just what was on the thread and it would seem that he may be trying to find a loophole or work around for what they came at him with could be good news Smiley
full member
Activity: 211
Merit: 101
I'd bet some bitcoin that the regulators have incorrrectly assumed that Casascius takes USD in exchange for his coins, and that this will consequently blow over once that point is refuted. In fact, it was rather prescient to avoid taking USD in the first place for this very reason.
legendary
Activity: 1470
Merit: 1000
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I just LOLed when I read it...

Casacius, a money transmitter? His costumers are sending him "magic playing money" and he sends them a physical item back, with some "magic playing money" on a sticker.
(I am a BTC believer, just pointing out how the US describes our economy)

he never converts it to USD when he is doing his buissiness. Maybe he takes profit in USD, yes, but that does not make him a money transmitter.
Then everybody who sells or buys BTC is a money transmitter.
hero member
Activity: 658
Merit: 500
Caveat Emptor
Would love to get an update on what's happening with your regulatory concerns

Also waiting for more info on this, keeping my eyes on the blog for updates.

Good luck with your current regulatory issues Casascius, hopefully its nothing to worry about for the masses.
sr. member
Activity: 269
Merit: 250
Would love to get an update on what's happening with your regulatory concerns
legendary
Activity: 1470
Merit: 1000
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Casascius, if you are considering a 1oz Gold coin again, please, can you conform it?
Then I will sell some gold for BTC, because I dont want to increase my gold holdings Wink
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
I am not sure that making the "best" physical bitcoin is consistent with the mission I set out to accomplish when I started the project.  Similarly, how to improve the metal composition and brilliance of my coins at this point is something I see value in, but also am not making a priority.  I could see myself not really engaging much a conversation on that topic either - other than to confirm that if you wanted to do it, you have my support (and my tools too, which I've published on github).

My purpose in introducing Casascius Coins was as a teaching tool, to help the world at large visualize a virtual coin with a tactile functional object, and at this point, I feel the bulk of that mission has been accomplished.  I have maintained since the start that I would welcome competition, and that my attitude is that someone most certainly can make a better coin than I can.  If you feel you're able to surpass mine, I will not be offended to see you do it, and in fact, you'll have my total support.  It is very clear that the market demands such a thing, so the incentive is waiting.  (Just as a representative example, I'm thrilled to have received  a couple rolls of beautiful Lealana bitcoins).
full member
Activity: 173
Merit: 100
Okay well for my friend it is a lot of money and he was expecting it last week (overnight shipping). Can you please provide him with an ETA and answer his emails please?

I responded to his e-mail from yesterday to let him know the shipment was going out today.  Please note that my website clearly states that orders may take 7-10 days to go out, and describes why, despite overnight shipping being a choice.  I usually ship sooner so long as circumstances permit.


Acknowledged. Thanks for contacting him on email. All seems to be well Smiley
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Okay well for my friend it is a lot of money and he was expecting it last week (overnight shipping). Can you please provide him with an ETA and answer his emails please?

I responded to his e-mail from yesterday to let him know the shipment was going out today.  Please note that my website clearly states that orders may take 7-10 days to go out, and describes why, despite overnight shipping being a choice.  I usually ship sooner so long as circumstances permit.

Us poor people don't get the VIP treatment.

I take this as an invitation to share a small slice of my value system, even though I suspect this comment is made in jest.  I hold no contempt for "poor" people, neither those who are buying my coins nor those who are actually "poor" to the point their circumstances hardly permit them to even ponder the significance of bitcoin.  We live in a connected world.  The whole purpose of Bitcoin is, in part, to make the world more fair, especially to the part of our population whose needs are considered the least by those in power.

It would be a massive hypocrisy to snub people for being "poor" at the same time purporting to advance a system ultimately intended to help them.  In deciding to restrict my availability by phone, I have in mind not the social class and the financial means of those who would want to talk with me, but rather, the fact that a satisfying phone conversation about Bitcoin with me is never less than 20 minutes, and I simply can't make even a half-decent priority out of offering it to even a small percentage of those interested in it.
legendary
Activity: 1204
Merit: 1001
Us poor people don't get the VIP treatment.
full member
Activity: 173
Merit: 100
Hey Casascius -- I hate doing this on a public post but I got my friend to buy your coins (Dave) and he hasn't heard a thing from you at all. He paid for two rolls of 20 and overnight shipping. He also wanted to chat with you for a minute about the order too.

What's going on man?

MD

Thanks for asking.  I presently have lots of orders given the time of year, and I typically am not responsive to requests to chat.  Anyone who talks with me about Bitcoin typically would like to chat more than your-order's-on-its-way-k-thanks-bye, which is understandable because bitcoin is the most damn awesome invention of our time... and there is no such thing as talking on the phone with me for 30 seconds to check on an order status and I can't do it.  Yes, I realize that's more than likely disappointing.  If I didn't have way more responsibilities than this coin project, I'd be making a whole lot more of the coins than I do.

THe best way to inquire about an order is by sending me an e-mail.

Okay well for my friend it is a lot of money and he was expecting it last week (overnight shipping). Can you please provide him with an ETA and answer his emails please?

Thanks,

MD
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Hey Casascius -- I hate doing this on a public post but I got my friend to buy your coins (Dave) and he hasn't heard a thing from you at all. He paid for two rolls of 20 and overnight shipping. He also wanted to chat with you for a minute about the order too.

What's going on man?

MD

Thanks for asking.  I presently have lots of orders given the time of year, and I typically am not responsive to requests to chat.  Anyone who talks with me about Bitcoin typically would like to chat more than your-order's-on-its-way-k-thanks-bye, which is understandable because bitcoin is the most damn awesome invention of our time... and there is no such thing as talking on the phone with me for 30 seconds to check on an order status and I can't do it.  Yes, I realize that's more than likely disappointing.  If I didn't have way more responsibilities than this coin project, I'd be making a whole lot more of the coins than I do.

THe best way to inquire about an order is by sending me an e-mail.
full member
Activity: 173
Merit: 100
Hey Casascius -- I hate doing this on a public post but I got my friend to buy your coins (Dave) and he hasn't heard a thing from you at all. He paid for two rolls of 20 and overnight shipping. He also wanted to chat with you for a minute about the order too.

What's going on man?

MD
legendary
Activity: 1722
Merit: 1004
also which airtite w/o ring is good? for both coins the .5 and 1 btc's. will they move around a lot? not just side to side, but front to back.

For the brass 0.5BTC coins, I'm using 25mm T holders, and for the brass 1BTC coins, I have 28mm H holders.

Both are nice and tight; the coins do not move in any dimension.

hero member
Activity: 712
Merit: 500
also which airtite w/o ring is good? for both coins the .5 and 1 btc's. will they move around a lot? not just side to side, but front to back.
hero member
Activity: 712
Merit: 500
which airtight with ring is being used for the .5 btc silvers?

the 1 btc coin is 28.6mm? but the .5 btc coin is 30mm? the .5btc coin is bigger??
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
Hey Mike - any plans for a Parity Coin (1oz Gold, 1 BTC)?

I would certainly buy one! Cheesy
It would match with my silver BTC coin Wink
legendary
Activity: 1722
Merit: 1004
Hey Mike - any plans for a Parity Coin (1oz Gold, 1 BTC)?

Please forgive if you've discussed this before...

Thanks!
newbie
Activity: 11
Merit: 0
Hello, maybe you can enlight me, I search the information about how much 2011 1BTC brass series 2 where made, and I don't find it anywhere

From the Casascius Bitcoin Analyzer, 1799 coins from 2011 are series 2.  Leaving 4567 from 2011 as series 1.
Meaning if this is accurate s2 is substantially more rare for a 2011 coin.

http://casascius.uberbills.com/?page=charts&year=2011

Those values do include all denominations of coins, not just 1BTC.   

The 2012/2013 charts give a similar ratio for s1/s2. 
 
Though I don't recall having seen a 1BTC s1 for these years in person..
hero member
Activity: 712
Merit: 500
if i buy just one or 2, can u send them in airtites?
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