Topic: How many Casascius owners sold at $10K ? $20K ? UPDATED till end of 2017. (Read 741 times)

I'm honestly surprised at any of the singles getting redeemed.  I can see on a pump of bcash that the 25s or 100s get redeemed because of the lower premiums, but the higher the coin value the better chance the owner doesn't need to redeem anyway.  I've never peeled and don't plan on it either way.

Why peel now after so long with such a bright future?

Decided to re-analyse the 25BTC and 100BTC coins since my very first post BTC doubled again to $20K and BCH doubled again to $4K.


25BTC Coins  ( https://casascius.uberbills.com/?type=25&status=active )


Starting at beginning of 2017, there were about 501 active coins. BTC at the beginning of the year was around $1K


When BTC hit $10K (end of November)  50 were opened.

Today, right after BTC peaked at $20K and BCH peaked at $4K. 67 were opened


So only 13% were opened in 2017 when priced went up about 2000%. Seems like either some of these coins might of been lost or Casascius are so wealthy that they don't bother to sell.



100 BTC Coins ( https://casascius.uberbills.com/?type=100&status=active )

When BTC hit $10K (end of November) 7 were redeemed.

Today, right after BTC peaked at $20K and BCH peaked at $4K. Another 2 were redeemed. So only 9 redeemed in entire year of 2017.

Similiar percentage of 14% redeemd in 2017 after BTC appreciated 2000% in value. Actually more like 2200% if you include the forked coins.

I believe that with cas coins, unlike cheaper ones like Titanium BTCC coins, people are less likely to peel. Once you purchase a cas (Unless you bought from mike directly way back when) you pay a decent premium and you basically buy it for the history and the security. Peeling a cas makes little to no sense as you'll always be guaranteed to get some sort of premium for it regardless of the current BTC price.

yep everyone has their price, I myself think its just as cool owning and old address as the coin itself.. especially one Mike loaded   

That's what you're calling a "sweep."

Wouldn't that create another transaction?

Or they sold the Bcash and BTG during those pumps and kept the BTC.  It would've been an easy $50k and they would still have the 25 BTC. 

So from the 25BTC list about 6 sold the past couple of days in the $9000-$11000 range.

I swept a 2011 cas a couple months ago when btc was around 5k (gnarly abused coin with unreadable firstbits)... didn't turn into dollars tho.

You import the private key and then create a tx to more than 1 recipient or using a specified amount.

How do you sweep it into two addresses using bitcoin core? and Or only sweep X amount of BTC to a certain address

Thats a pretty high tx.

It's just sending a tx.  You can do whatever you want with the funds held on the private key.

1GoW4sfgKHdK3MZxbqUNHzeJK2KijkpfPU  2017-06-05 14:17:29
1GLKbs6Dteg7WK8RMauRpwJv9Wvbe5fH5e  2017-08-09 17:47:18
1GLH8j4FoakJrdL4CufUDfgp2GZhrRyahG 2017-07-05 01:09:58 (Didnt know you could sweep a key into two addresses)
1GDbBDqZrbCLPBXEjznAD8PTQzMVi7MAzG 2017-11-28 15:27:16
1GdeEzoe4oGeNVNcEwhwSkKuitJtYijsVJ 2017-05-06 04:06:05
1GLjqjzNGTW8eNbtYXcruHfp5Ra3qdzXGE 2017-11-17 20:42:21
1GLKJpC8tgAsMYmxQ8jU51vgHZg9iHaSBC  2017-11-29 14:19:37
1Go72ntKxGUSjoUW9iTyPU4kb5PPiYCxcg 2017-05-06 05:07:20
1GoC6q4hR3pyNYwqWUeZQyTeaz9v6C5XMT 2017-05-06 05:12:40
1GorsyYzPHP4sUGmBsJnidtd9QnkQc3Xvt 2017-11-27 02:22:20
1GotgDMk5EzuJ3hS4d5dPDEhpTQig3vXMq 2017-11-21 05:09:46
1GoV8yrL1ds7Pzr5jJUypU3zsCoGKAJQWn 2017-11-27 22:05 :48
1GLt9PnvpxvCJg4viW9fqQ4GvhZ75DPxTg 2017-11-10 12:50:17
1GDaQETGvMYuRVUEEoBYFHCoXuuhRUcwWj 2017-09-08 14:03:10
1GDcn5aS3wHCvyiPcYvkzVJeFpCcqVSu5g 2017-06-04 10:36:23
1GdgNVbmDyp1rAxcmDQjziumaXLZpgKL78 2017-09-18 12:14:39
1Gonk9wBV8MwEHCXW64qrjaSHaERarYFzn 2017-06-13 00:52:20
1GdodLBnZN6Ftwe51HzzZnQoYhhDedR8dx 2017-08-07 15:30:38
1Gdsg76rdwmSyVmdLTPdffTe4F56Gd4LmA 2017-08-07 15:13:36
1Go4VtjcK3dscQaVWJS1LG1kFGnaZBLcrr 2017-08-03 12:58:55
1Gdpf4VEReKSmXUsguEaWn2LPHZH8MX72W 2017-09-20 07:14:55
1GoSYEKWyZmcd5pdqFnamXfWmzNjctggUJ 2017-09-20 14:43:12
1GDEs8u7iAsdLCXYLBsmnnh3stwsFzVvqo 2017-11-06 19:12:53
1Gd39YZrja2uj2Af9tYUTUcJH6m6xvH2qa 2017-10-29 02:19:05
1GdBbVwXbYUjxBmwb4zrQHCVEdZ9mZvGRT 2017-08-17 18:11:44
1GDsiNHdFZ7dnHC8tVDHVYawHGWFm7hQ9j 2017-08-19 12:43:09
1Go2b7QLbYgmunoeTK3Qdkd3hbHy1AGoV2 2017-10-04 12:17:38
1GohzFPLq6mL8s9Xo9BKKreJZbjwSQMJix 2017-08-18 21:55:00
1GoUhsD2wfFDTJhvcXm9st3oV3dJEnmuZT 2017-09-05 13:07:09
1GDp6MbERNCRtETu7j11yRZGg4k8U5qqm1 2017-06-17 19:44:06
1GL3TQN1f2nmxjcHJz4D4gHJi4sjeXkRZr 2017-08-24 22:28:40
1GLqyPAi6zNWDFiZv26UtAshuuADnQohPs 2017-08-20 13:25:07
1QE4DkpC8EZJEywqf2JafsohGi3Q2QHLFH 2017-08-18 21:41:24
1QJKxuZhmqv43uPkHjUdUSbgSR6nQRSMcs  2017-09-18 20:30:41
1QHw2zKzcxK28WEmMUEDDeJCAi4QH1YS81 2017-11-10 14:59:09
1Q8G1r6MWrZAHL29gTrxLUbtez2G9JVxYK 2017-09-18 07:47:05
1Q9jLNuhL2HoeExZZJpkY9rv77voTKqNPN 2017-08-19 13:12:35
1QCGCkefwMVwvSM55QjpJNJAmjiMLVgCT4 2017-09-05 18:29:34
1qMu3ddPEGpYUP79tkGxARG9N7UfrKaA3 2017-10-13 15:07:06
14Zg1N7sK7WGbBsuc8k24BNSvQzt8zVE2D 2017-08-19 21:09:59
1PWXoSV9DowHU2hQyBG9jxfUncNeBLaqiw 2017-10-01 18:07:54
1Px2WjMUaoXTHG7d229jwMkLdaZJiCubU8 2017-11-25 10:40:17
1PY2t8UEToYtrh4ewPCgqAJKNiAkNc3zgx 2017-08-14 20:48:07
1Pz1vHbKG5iKjzGzZ5PKVS3LAvqh8pnb3z 2017-11-12 17:45:31
1PzCMitSjaQ1iGVxdTRzUrpDv6aLRFuUc5 2017-06-14 22:40:37
1PZsr7SQiRXzTiQbfjjxG76Jd6GKjBnjZ2 2017-06-14 22:44:42
1Q463uicXRPdPnMEiXrK3XywRFexKcq6ub 2017-11-28 20:29:30
14xQYjpz2cB1WtBECkLEvjazr5TD2FBhif 2017-06-04 18:04:21
14Y9QzPfZNJ9VmcAUvBUtt1SzgHM98p4FR 2017-11-18 15:20:18
14qU9pFUtv44Q32LDuR9LzrMr8hDsBXjqi 2017-11-19 13:03:45

interesting analysis, i can see why higher denominations were redeemed rather than sold.

Because they anticipate a dump and want their money ASAP, not one week later when Bitcoin is down to 5k.

I don't think that'll happen and HODL my coins, but I guess that's why.

I'm guessing people don't care to deal with the hassle of a sale and worrying if the transaction will go through smoothly.

Why would anyone redeem these coins at $10k? They will always have a premium value over their face value (and I suppose that includes the value of BCH and BTG).

I quickly scanned the 100BTC coins which emptied their balance in 2017. Out of 63 coins only 7 were redeemed.

https://casascius.uberbills.com/?type=100&status=active

1314rkD2eAg5KbbxeD2WenVieoZxtsh3tG    April 26th @ $130K
1313ACkvedCcRsmLmYFxp1nmMAyca2Xgtb May 19th @ $190K
1GcfZQkXxXSTP6BVgJ1gtSrUx78xgBteB2    Nov 28th @ $996K
1GD8cQom8evWHTud9mfUXZ5mDtJfcEC6pZ   Nov 21th  @ $793K
1GcKA4qfeSiP2pZVD9s5Ub7BM9TrWVKGxt  May 26th @ $255K
18FtaAQhrNxpJ5ukQ4aKVzAXxaA5foDTJL Nov 29th @ $993K
18gkqUsh54DH9gHhLfka4rGrzf7ZQweZrn June 14th @ $246K


So it looks like out of 63 coins, 3 of them took profit at $10K. The ones above in BOLD.

----------------------------------------------------

Did a quick scan of the 25BTC coins at
https://casascius.uberbills.com/?type=25&status=active


Basically at the beginning of 2017, there were 501 active, at the end of the year (till today) there were 50 which used opened. So about 10%

However its too much work going manually for each address and checking the date when they were opened hence i'll post the list below and someone with some API experience can quickly compute that.

i doubt many, with many international the usd psychological barrier and relative 9% day rise would not be enough to redeem. some more changing hands on the forum in recent weeks but this may change at 20-30k.