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Topic: closed (Read 1514 times)

full member
Activity: 182
Merit: 101
August 11, 2014, 11:23:50 AM
#25
In my opinion a good coin is determined from the amount of the expenditure of the coin and its dev too Smiley
and also the spread of the coin, that's all I know might be able to help Smiley
sr. member
Activity: 350
Merit: 250
Honest 80s business!
August 11, 2014, 09:27:57 AM
#24
There are many collector interested in buying some rare physical coins, they have a quite big market.

Aren't there some mis-printed coins, also Casacius ones, that are very rare and achieve a high price??? I think it's interesting that even in the Bitcoin world, people tend to be interested in physical coins, just because they're golden and shiny Cheesy
newbie
Activity: 42
Merit: 0
August 11, 2014, 09:14:07 AM
#23
There are many collector interested in buying some rare physical coins, they have a quite big market.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
August 11, 2014, 09:10:08 AM
#22
Hi,

I've been spending some time trying to figure this out, but I think I need to hear the thoughts of some more experienced people.

I'm interesting in buying a physical bitcoin (yes, I'm super late to the party). Thinking either a Casascius 0.5 being resold somewhere, or one of the Titan Bitcoin coins. Questions are thusly:

1. Do you think a Casascius 0.5 has any value going forwards, or is this the top of some kind of bubble? What's a fair price, today? If only I had a time machine...
2. What do you think of the Titan Bitcoins?

Any other ideas/thoughts?

Thanks!

I think they're a very good collectors item, if you like Bitcoin and they're giving Bitcoin tangibility. Have you seen all those photos of Casascius coins in every other news report about bitcoin? I'd be worried though that the coin is compromised (private key copied) if you buy it loaded with BTC...
newbie
Activity: 42
Merit: 0
August 11, 2014, 08:42:23 AM
#21
they are cool to own, thats that
hero member
Activity: 910
Merit: 509
August 11, 2014, 07:41:06 AM
#20
I personally do not see any value in physical bitcoin. Bitcoin gets it value from the security of the network and blockchain. Having something in your hand does not give you anything.
It's really more of a collectible than anything. Physical bitcoins will never catch on as a form of currency, as that was never the purpose. They've always been and always will be a novelty.
To be honest, I can't really understand why people buy those physical coins at a high premium, and some even pay good money for unloaded coins.
Because they're collectibles, damnit!
member
Activity: 89
Merit: 10
August 10, 2014, 06:18:47 PM
#19
Hi,

I've been spending some time trying to figure this out, but I think I need to hear the thoughts of some more experienced people.

I'm interesting in buying a physical bitcoin (yes, I'm super late to the party). Thinking either a Casascius 0.5 being resold somewhere, or one of the Titan Bitcoin coins. Questions are thusly:

1. Do you think a Casascius 0.5 has any value going forwards, or is this the top of some kind of bubble? What's a fair price, today? If only I had a time machine...
2. What do you think of the Titan Bitcoins?

Any other ideas/thoughts?

Thanks!

more important is the value of bitcoin than physical bitcoin, if physical bitcoin increase taxes good, the value of bitcoin will decrease
hero member
Activity: 868
Merit: 1000
August 10, 2014, 05:54:12 PM
#18
To be honest, I can't really understand why people buy those physical coins at a high premium, and some even pay good money for unloaded coins.
sr. member
Activity: 280
Merit: 250
August 10, 2014, 01:58:12 PM
#17
Hi,

I've been spending some time trying to figure this out, but I think I need to hear the thoughts of some more experienced people.

I'm interesting in buying a physical bitcoin (yes, I'm super late to the party). Thinking either a Casascius 0.5 being resold somewhere, or one of the Titan Bitcoin coins. Questions are thusly:

1. Do you think a Casascius 0.5 has any value going forwards, or is this the top of some kind of bubble? What's a fair price, today? If only I had a time machine...
2. What do you think of the Titan Bitcoins?

Any other ideas/thoughts?

Thanks!

physical coins of bitcoins is not important for me, how to get BTC is more important, having much BTC and can buy anything is my dream, thanks ...
sr. member
Activity: 462
Merit: 253
August 07, 2014, 12:28:24 PM
#16
Physical bitcoin cannot exist, because Bitcoin is a string of characters. How can it be physical?

Someone generated a private key, sent some bitcoin to the address, and sealed the private key inside the physical coin with some protection.
Of course, you need to trust the manufacturer for really putting the private key inside the coin but not keeping a log of the private key. Smiley

Kind of defeat the whole purpose cryptography having someone else peak at the key.

They are mostly used as novelty thought, so in that case security is not that important.
full member
Activity: 363
Merit: 100
SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN
August 07, 2014, 12:04:37 PM
#15
Physical bitcoin cannot exist, because Bitcoin is a string of characters. How can it be physical?

Someone generated a private key, sent some bitcoin to the address, and sealed the private key inside the physical coin with some protection.
Of course, you need to trust the manufacturer for really putting the private key inside the coin but not keeping a log of the private key. Smiley

Kind of defeat the whole purpose cryptography having someone else peak at the key.
hero member
Activity: 543
Merit: 500
August 07, 2014, 11:43:10 AM
#14
Physical bitcoin cannot exist, because Bitcoin is a string of characters. How can it be physical?

Someone generated a private key, sent some bitcoin to the address, and sealed the private key inside the physical coin with some protection.
Of course, you need to trust the manufacturer for really putting the private key inside the coin but not keeping a log of the private key. Smiley
sr. member
Activity: 364
Merit: 250
667 one more than the devil
August 07, 2014, 08:30:57 AM
#13
Hi,

I've been spending some time trying to figure this out, but I think I need to hear the thoughts of some more experienced people.

I'm interesting in buying a physical bitcoin (yes, I'm super late to the party). Thinking either a Casascius 0.5 being resold somewhere, or one of the Titan Bitcoin coins. Questions are thusly:

1. Do you think a Casascius 0.5 has any value going forwards, or is this the top of some kind of bubble? What's a fair price, today? If only I had a time machine...
2. What do you think of the Titan Bitcoins?

Any other ideas/thoughts?

Thanks!

I don't think a physical bitcoin has bigger value than an electronic one.

Why don't you make a paper wallet yourself?
You can easily find a guide in this forum.
newbie
Activity: 39
Merit: 0
August 07, 2014, 08:19:36 AM
#12
Physical bitcoin cannot exist, because Bitcoin is a string of characters. How can it be physical?
hero member
Activity: 543
Merit: 500
August 07, 2014, 08:07:26 AM
#11
physical bitcoins doesn't have any value. Physical bitcoins just for collection.
Why are you using bitcoin if you make it to physical thing? It makes bitcoin same as fiat.

As a collector's item, physical bitcoin has a high value.

Check https://bitcointalk.org/index.php?board=51 and you will see people selling their physical bitcoin for way more than the face value (for example https://bitcointalksearch.org/topic/some-physical-bitcoins-update-726914).
sr. member
Activity: 644
Merit: 260
August 06, 2014, 10:17:06 AM
#10
You can find some examples of the physycal bitcoins here in the bitcointalk market section,
they are usually sold to collectors. There are some rare editions which are very expensive.
sr. member
Activity: 307
Merit: 250
et rich or die tryi
August 06, 2014, 08:48:17 AM
#9
As others have said physical bitcoins are a novelty/collectors item, no-one really accepts them as a method of paying in bitcoin because they are possible to counterfeit.
From what i know Cassius coins are the best and i had not heard of titan until this post so...

do what you want though, they are a awesome novelty/collectors item.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
August 06, 2014, 08:20:28 AM
#8
physical bitcoins doesn't have any value. Physical bitcoins just for collection. Why are you using bitcoin if you make it to physical thing? It makes bitcoin same as fiat.
They have bitcoin value if there are loaded BTC inside. To redeem those BTC, the user can just tear off the hologram and redeem it. Physical Bitcoin are usually just for display purposes, Newspaper and magazine can't represent BTC well without physical things and pictures. Redeemed Physical Bitcoin can be resold again, for collectors usually.
member
Activity: 88
Merit: 10
August 05, 2014, 10:54:07 PM
#7
I personally do not see any value in physical bitcoin. Bitcoin gets it value from the security of the network and blockchain. Having something in your hand does not give you anything.
I think along the same lines as this.

Physical Bitcoins don't necessarily have a value, unless there is a wallet stored on the coin. Otherwise, why don't I go make a bunch of copper physical Bitcoins, and sell them for $600? See where I'm going with this?

Physical coins are just for show, unless you have an urge to print out a copy of your wallet onto paper.

There's a fairly good market for these coins as collectors items though.
There is a good collectors market for these, however I doubt the market will last, and anyone who tries to "invest" in these coins will likely end up loosing money.
hero member
Activity: 784
Merit: 500
DeFixy.com - The future of Decentralization
August 05, 2014, 10:51:24 PM
#6
physical bitcoins doesn't have any value. Physical bitcoins just for collection. Why are you using bitcoin if you make it to physical thing? It makes bitcoin same as fiat.
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