Author

Topic: Casascius Regret? (Read 831 times)

legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
November 30, 2017, 01:25:16 PM
#29
I regret nothing. Maybe should have bought more of them.

Think of the premium you paid for them in USD. That premium EXPLODED!

Smiley
sr. member
Activity: 845
Merit: 267
November 28, 2017, 08:06:08 PM
#28
well its very much like the guy that sold his 63 split window vett for $1,500 in 1971  ... now about 80k  or the 50 BTC donation here now worth a half a mil.. its all about the value of the day. we have an opportunity every day to manage long term investments just try to pick the right horse.. no regrets live for family value first   

legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
November 28, 2017, 07:14:19 PM
#27
     Never..I bought 1 silver gilt from Mike directly..the other five 2011 series 1 and 2 in 2013.

        These are the first physical incarnation of bitcoin on a coin..to me they are a priceless part of bitcoin history.

         They will never be sold but will remain a part of my collection to be passed on to my children.

Thats not true, they are not the first.

  Yes they are THE FIRST PHYSICAL INCARNATION OF BITCOIN AS A COIN!

   The first incarnation of a physical bitcoin are BITBILLS, as a CARD

   Get your facts straight
legendary
Activity: 1272
Merit: 1012
howdy
November 28, 2017, 07:09:39 PM
#26
The only regret I have about Casascius coins is not buying a truckload of them 6 years ago.   Cheesy

I do not regret buying a truckload of them. They might have been duds and rejects, but they got me through some tough times. I do regret selling most of them though.  Sad

It is always fun bumping into a fellow collector from time to time.
hero member
Activity: 2254
Merit: 960
100% Deposit Match UP TO €5000!
November 27, 2017, 10:11:16 PM
#25
     Never..I bought 1 silver gilt from Mike directly..the other five 2011 series 1 and 2 in 2013.

        These are the first physical incarnation of bitcoin on a coin..to me they are a priceless part of bitcoin history.

         They will never be sold but will remain a part of my collection to be passed on to my children.

Thats not true, they are not the first.
legendary
Activity: 2520
Merit: 3238
The Stone the masons rejected was the cornerstone.
November 27, 2017, 09:20:32 PM
#24
      Never..I bought 1 silver gilt from Mike directly..the other five 2011 series 1 and 2 in 2013.

        These are the first physical incarnation of bitcoin on a coin..to me they are a priceless part of bitcoin history.

         They will never be sold but will remain a part of my collection to be passed on to my children.
newbie
Activity: 51
Merit: 0
November 27, 2017, 09:18:12 PM
#23
The same can be said about any transaction in which you previously had spent your BTC over having used FIAT.
Lazlo paid 10,000 Bitcoins for a Pizza but at the time that was the going rate. You can’t look back at it with regret.

Agreed.  If we all just sat on the BTC the economy would never have grown.   Best you can do is repurchase BTC after spending it.

I have no resentment when I see my now priced $14,000 Roomba do a half assed job sweeping my floors...  Undecided
newbie
Activity: 36
Merit: 0
November 27, 2017, 09:01:42 PM
#22
Hi Guys,

Do you regret buying Casascius back a few years ago? I bought my Cas MS67 0.1btc for 1.2 btc in 2015 when btc was about $500, but the premiums on these coins have squeezed a lot and rightfully so as many people can not afford the heafty price of BTC now a day, but if I held the 1.2 btc, it'd be worth much more than the 0.1 cas I have now.

What do you think will happen going forward? Do you think the Cas premiums will come back? If so, how?

And now with BTC at 10k, what do you think a coin like mine would even get? like 0.4 btc?

I don't mind to regret , but as you say these prices are perfectly good.
It doesn't really have to decrease in regards of bitcoin price stay with the price. Wait.
legendary
Activity: 3570
Merit: 1959
November 27, 2017, 09:00:30 PM
#21
If any of you guys feel better, I paid 2.24 BTC for an MS70 dime a year or two ago. Looking at the txid makes me think the same thing, but then again looking at the coin, I know I or my family will be fine eventually once they hit mainstream. Grin
full member
Activity: 238
Merit: 113
November 27, 2017, 08:55:41 PM
#20
Casascius coins also make you hold your coins if you have weaker hands. Everything about them is amazing when you think about it.

1) Rare
2) Pretty to look at
3) Makes you not impulse spend coins
4) They are offline storage
5) They collect endless shit coins


+1 on number 3.  How many times have you spent btc that later go, wish I still had that bitcoin.  Easy way to not spend and pretty secure at this point.

I have the same regrets in a way like OP but this is also why I bought coins otherwise its easy to try to day trade which Im not good at or sell on the exchange. When they are in the safe its harder to sell IMO and makes you think more.
full member
Activity: 238
Merit: 113
November 27, 2017, 08:52:28 PM
#19
Do I regret paying $120 to buy 2x 10 BTC Casascius coins? No.

Ill give you $12,000 each thats a nice return for you  Grin


I only wish I had bought some myself like you guys did years ago. I looked into it 6 years ago and thought it was another paypal. I guess I didnt look deep enough and kicking myself now. Im usually into tech stuff like this.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
November 27, 2017, 02:30:40 PM
#18
No. Not in the slightest.

I can't remember what some premiums were, one was bought direct from Mike Caldwell so it was low, but as soon as I got them I put whatever the premium was out of my mind.

They weren't bought to flip and it was obvious that the premiums couldn't hold as the price rose.

The only one I do regret is a Bitcoin Bowl coin that was 0.3 BTC.

Let's see if they're discovered by collectors outside this space in the years to come. It's easy to forget how rare certain ones are.

If properly executed fakes come along then many will be up shit creek though.
legendary
Activity: 1554
Merit: 1009
November 27, 2017, 12:32:46 PM
#17
Casascius coins also make you hold your coins if you have weaker hands. Everything about them is amazing when you think about it.

1) Rare
2) Pretty to look at
3) Makes you not impulse spend coins
4) They are offline storage
5) They collect endless shit coins


If I hadn't bought Casascius coins, I likely would have bought more AsicMiner shares at 5BTC each.
legendary
Activity: 3752
Merit: 1415
November 27, 2017, 11:36:20 AM
#16
Casascius coins also make you hold your coins if you have weaker hands. Everything about them is amazing when you think about it.

1) Rare
2) Pretty to look at
3) Makes you not impulse spend coins
4) They are offline storage
5) They collect endless shit coins


+1 on number 3.  How many times have you spent btc that later go, wish I still had that bitcoin.  Easy way to not spend and pretty secure at this point.
legendary
Activity: 3192
Merit: 1348
November 27, 2017, 11:21:52 AM
#15
Do I regret paying $120 to buy 2x 10 BTC Casascius coins? No.

If you would like to triple your initial investment shoot me a PM!

Here come the endless offers  Grin
I'll quadruple it and throw in 3 cows (1 male & 2 female) so you can start breeding calves.  Cheesy Cheesy

If this deal falls thru I am interested in your 2 female cows.

Did you inception me to make that offer?  Shocked
legendary
Activity: 3066
Merit: 1757
November 27, 2017, 11:19:25 AM
#14
Do I regret paying $120 to buy 2x 10 BTC Casascius coins? No.

If you would like to triple your initial investment shoot me a PM!

Here come the endless offers  Grin
I'll quadruple it and throw in 3 cows (1 male & 2 female) so you can start breeding calves.  Cheesy Cheesy

If this deal falls thru I am interested in your 2 female cows.
newbie
Activity: 17
Merit: 0
November 27, 2017, 11:12:19 AM
#13
Thanks for the confidence all. Hopefully in 10-20 years, some bitcoin billionaire will buy it from me Smiley
legendary
Activity: 3192
Merit: 1348
November 27, 2017, 11:11:31 AM
#12
Do I regret paying $120 to buy 2x 10 BTC Casascius coins? No.

If you would like to triple your initial investment shoot me a PM!

Here come the endless offers  Grin
I'll quadruple it and throw in 3 cows (1 male & 2 female) so you can start breeding calves.  Cheesy Cheesy
member
Activity: 466
Merit: 74
November 27, 2017, 11:08:09 AM
#11
Casascius coins also make you hold your coins if you have weaker hands. Everything about them is amazing when you think about it.

1) Rare
2) Pretty to look at
3) Makes you not impulse spend coins
4) They are offline storage
5) They collect endless shit coins


Yup, pretty much.
legendary
Activity: 2128
Merit: 1119
November 27, 2017, 11:07:09 AM
#10
Casascius coins also make you hold your coins if you have weaker hands. Everything about them is amazing when you think about it.

1) Rare
2) Pretty to look at
3) Makes you not impulse spend coins
4) They are offline storage
5) They collect endless shit coins
legendary
Activity: 3066
Merit: 1757
November 27, 2017, 11:07:05 AM
#9
Do I regret paying $120 to buy 2x 10 BTC Casascius coins? No.

If you would like to triple your initial investment shoot me a PM!
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
November 27, 2017, 11:02:17 AM
#8
Do I regret paying $120 to buy 2x 10 BTC Casascius coins? No.

Mind reselling those to me for 240$?
Double the profit  Grin Grin Grin
legendary
Activity: 3752
Merit: 1415
November 27, 2017, 11:01:26 AM
#7
These coins to me aren't just a pure investment buy hoping they will increase in value purely.  These mark a start of an era, and yes I do think that they will increase not only in usd but in btc premium over the years.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
November 27, 2017, 10:24:37 AM
#6
Do I regret paying $120 to buy 2x 10 BTC Casascius coins? No.
hero member
Activity: 943
Merit: 783
In Memory of Zepher
November 27, 2017, 10:06:31 AM
#5
Casascius coins, to me, are like a hedge on BTC.  If BTC skyrockets, the value of Casascius premium will not keep up. However, if BTC remains flat or goes down, the collectors value of the Casascius should still go up over time. 

Let's just do some rough math.  If you paid 1.2 BTC for your Cas MS67 0.1 Silver in 2015 when BTC was at $500, you paid a total of $600 and it contained $50 worth of loaded BTC.  Today that piece is worth approximately 0.4 BTC (I sold two of these in the past 2 months at this price) which is a total of $3880, with a funded value of $970. 

Cost basis: $600 ($50 funded + $550 premium).

Today's value: $3880 ($970 funded + $2910 premium). 

So, even though your investment did not outpace BTC, it still appreciated 600% in two years. That's impressive, especially considering you're talking about a collectible item that will only become more rare and sought after as time goes on (regardless of what happens to BTC). 
legendary
Activity: 3192
Merit: 1348
November 27, 2017, 09:35:19 AM
#4
The same can be said about any transaction in which you previously had spent your BTC over having used FIAT.
Lazlo paid 10,000 Bitcoins for a Pizza but at the time that was the going rate. You can’t look back at it with regret. You never knew BTC was going to explode.
Look at this thread. There is some overlap and could be a little more informative.

https://bitcointalk.org/index.php?topic=2406118.0;topicseen
member
Activity: 466
Merit: 74
November 27, 2017, 09:30:15 AM
#3
The only regret I have about Casascius coins is not buying a truckload of them 6 years ago.   Cheesy
legendary
Activity: 2128
Merit: 1119
November 27, 2017, 09:18:23 AM
#2
When Bitcoin goes more mainstream the hope was that these draw collectors who do not care about premiums and want these coins. Look at regular rare coins these days...some go for ridiculous amounts. Casascius coins are only 6 years old.
newbie
Activity: 17
Merit: 0
November 27, 2017, 08:54:27 AM
#1
Hi Guys,

Do you regret buying Casascius back a few years ago? I bought my Cas MS67 0.1btc for 1.2 btc in 2015 when btc was about $500, but the premiums on these coins have squeezed a lot and rightfully so as many people can not afford the heafty price of BTC now a day, but if I held the 1.2 btc, it'd be worth much more than the 0.1 cas I have now.

What do you think will happen going forward? Do you think the Cas premiums will come back? If so, how?

And now with BTC at 10k, what do you think a coin like mine would even get? like 0.4 btc?
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