Topic: [INFO] ALL ABOUT BITBILLS (Read 3228 times)

 A 1BTC Bitbills on auction at StackBowers current crypto auction, I do believe this is their first ever Bitbills to be offered in their auctions.

  Lets see what the market brings!

   https://auctions.stacksbowers.com/lots/view/3-18DWT5/2011-bitbills-1-bitcoin-card-loaded-firstbits-16d29xiv-genuine-pcgs

    As per site...

     Current Bid $55,000
LOT DESCRIPTION
Rare and Historic Bitbills 1 Bitcoin Card

The Precursor to the Physical Bitcoin Category

2011 Bitbills 1 Bitcoin Card. Loaded. Firstbits 16D29Xiv. Genuine (PCGS).

Loaded with 1 BTC. A landmark rarity that represents the precursor to the entire physical crypto category. Bitbills was created by Douglas Feigelson of Cincinnati, Ohio and the first cards were released in May 2011, predating the earliest coins from the Casascius series by about six months. They established the basic format of protecting a private key beneath a security seal that continues to be utilized by physical crypto producers even to this day. Feigelson even filed an application to patent this concept on December 23, 2011.

Specialist Elias Ahonen remarks in his Encyclopedia that " Bitbills were introduced in May 2011 and were the firsrt non-paper object to display bitcoin in physical form...their role in introducing the idea of physical Bitcoin should not be understated."

Just 589 of these 1 Bitcoin cards were originally produced, though the majority have been redeemed in the 13 years since their release. It is estimated that fewer than 200 cards have survived intact and this number continues to dwindle as time goes on and as the value of Bitcoin increases. This particular card was funded on July 26, 2011 and it remains an invaluable relic of the foundational era of collectible crypto. It is the very first example we have had the pleasure of offering to collectors and it is surely destined for a world-class collection. Public Address: 16D29XivzNxUXMEPNLCXAMwtAmQz7Y6A4k

    I do not think so and have never seen one....that being said I just bought the following two website names

        mybitbills.com and Bitbills.info

     If there is anyone who can wrote a script and make a good website I can host it on one of these sites.

     

Is there a website that tracks the addresses, similar to casascius coins? I'd like to be able to verify the number of bitbills that are still intact.

Interesting... I had the 20BTC and 10BTC total card count much higher:

20BTC: 181 (26 intact)
10BTC: 143 (27 intact)


Here is the funding address for the Bitbills:

https://mempool.space/address/1FhTe1bMtoKHDbNw13v3BQ9sb2kFTagaRH

@JohanM is there a tracker for the bitbills that shows when a card is peeled or where do you get the data from?

    Thankyou for the update!  I guess the higher Bitcoin goes the more people will peel....please keep on peeling...makes the loaded ones rarer 

    Updated original post with your information provided! 

2024 update:

20BTC: 88 (26 intact)
10BTC: 107 (27 intact)
5BTC: 144 (49 intact)
1BTC: 589 (297 intact)

Seems a lot of the 1BTC have been cleaned out.
Intact means the bitbill contains as much (or more) value as indicated on the card.

dammit man lol

   Only one of each for now...wasn't thinking anyone would be interested in these at all.

get only one of ea? or more?

Are there any high-quality photos of bitbills on the internet?

I was able to find some good ones but not high enough quality to really work with.

Just recently acquired a beautiful set of Bitbills commemorative cards from ColdKey marking a very important anniversary in the physical bitcoin world, the 10 year anniversary of the creation and launch of Bitbills, the very first incarnation of Bitcoin in a physical form!

 

  They will be an excellent addition to my original Bitbills collection and my Cipher Hodl 10 year anniversary set as well.

 

There was one auctioned off on this forum last year. It was in poor shape since it had been in a persons wallet for a time.
It went for 1.65 BTC.

https://bitcointalksearch.org/topic/auction-rare-1-btc-bitbill-beta-v007-intactfunded-ended-5218556

Thanks for sharing.

And good thread @krogoth.

Does anyone know how much these go for nowadays?

If anyone is looking to sell one loaded/unloaded, hit me up.

  Lovely pair you got there!

 Thanks for the update on the Bitbills that are still intact.

Came across 2 of these babies when browsing through my old bitcoin stuff.
Then found this thread.


I ran the Python code again and this came out:
20BTC: 88 (27 intact)
10BTC: 107 (28 intact)
5BTC: 144 (50 intact)
1BTC: 589 (310 intact)

Numbers have gone down again ...

One day I hope I get at least 1 unloaded beta card. My collection is empty without one of this.

That is a beautiful collection you have there! 

I had no idea there were so many versions. But they look great in a frame!