► ❎ ► LEALANA PHYSICAL LITECOINS FOR SALE - RESUMING SALES!!! - page 32.

Scott J

legendary

Activity: 1792

Merit: 1000

Quote from: smoothie on July 15, 2013, 08:23:10 PM

Concerning the possibility of lost coins/stolen coins. I am tinkering with the idea of funding them anyway just to give confidence in my brand of coins. But I haven't made a final decision on this yet.

So far there haven't been any stolen coins in the past few years as far as I am aware (or lost ones via registered mail).

At the moment I am concentrating on getting orders out in a secure manner.

Future batches will likely have a vanitgen address to decipher different batches of coins much like Mike does. This is a good idea in keeping things simple when something goes lost.

I too agree most people wont check the public list or block explorer especially people who are just learning about bitcoin/litecoin etc.

I'm glad you are considering this.

What has made Mike's coins so valuable is the confidence in his brand that has come from him being meticulous at every step.

The hologram is a very important part - an official hologram should guarantee the coin has been funded by Mike (or with Lealana coins, you).

plasticAiredale

full member

Activity: 207

Merit: 120

Quote from: Otoh on July 16, 2013, 06:12:46 AM

Mine, to Spain, just says: Delivery status information is not available for your item via this web site. A return receipt after mailing may be available through your local Post Office.

which is OK, maybe it's not in the system as yet, or doesn't show for international registered mail, with Casascius's shipping the tracking worked up until it got to NY or LA ports for international orders.

For what its worth I got the same message and I am in the states. But I've never had much luck with the usps tracking, most of the time the website isn't updated until the day its going to arrive anyway. Which makes it pretty much worthless IMO.

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: Otoh on July 16, 2013, 06:12:46 AM

Glad to hear that you're considering funding all coins even if a rare few may go astray, for large-ish orders you could always insure them for cost price so if that happened then there would be no monetary loss, or if not then just allow for the possibility of it happening & adjust the price a little to cover it afterwards if it ever happened.

Received my shipping notification

maybe include also the USPS tracking URL with these: https://tools.usps.com/go/TrackConfirmAction!input.action

Mine, to Spain, just says: Delivery status information is not available for your item via this web site. A return receipt after mailing may be available through your local Post Office.

which is OK, maybe it's not in the system as yet, or doesn't show for international registered mail, with Casascius's shipping the tracking worked up until it got to NY or LA ports for international orders.

let uis know how much the customs cost was...
If it's minimal, I may consider buying, but i'm still not very excited because of the price...

Otoh

donator

Activity: 3108

Merit: 1166

Glad to hear that you're considering funding all coins even if a rare few may go astray, for large-ish orders you could always insure them for cost price so if that happened then there would be no monetary loss, or if not then just allow for the possibility of it happening & adjust the price a little to cover it afterwards if it ever happened.

Received my shipping notification

maybe include also the USPS tracking URL with these: https://tools.usps.com/go/TrackConfirmAction!input.action

Mine, to Spain, just says: Delivery status information is not available for your item via this web site. A return receipt after mailing may be available through your local Post Office.

which is OK, maybe it's not in the system as yet, or doesn't show for international registered mail, with Casascius's shipping the tracking worked up until it got to NY or LA ports for international orders.

bitcoiners

sr. member

Activity: 322

Merit: 250

Quote from: smoothie on July 15, 2013, 11:35:50 PM

Quote from: culexevilman on July 15, 2013, 11:30:45 PM

Quote from: craslovell on July 15, 2013, 10:52:44 PM

USPS screwed me, delivery date was supposed to be today. Guess I will have to wait till tomorrow to receive my precious Roll Eyes

same here...

Shipping to and from Hawaii has it's quirks. It will be there soon.

So where are you at on inventory? How many have been sold?

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: culexevilman on July 15, 2013, 11:30:45 PM

Quote from: craslovell on July 15, 2013, 10:52:44 PM

USPS screwed me, delivery date was supposed to be today. Guess I will have to wait till tomorrow to receive my precious Roll Eyes

same here...

Shipping to and from Hawaii has it's quirks. It will be there soon.

culexevilman

legendary

Activity: 1064

Merit: 1000

Bitcoin is too valuable to be used as a currency

Quote from: craslovell on July 15, 2013, 10:52:44 PM

USPS screwed me, delivery date was supposed to be today. Guess I will have to wait till tomorrow to receive my precious Roll Eyes

same here...

craslovell

legendary

Activity: 1470

Merit: 1021

USPS screwed me, delivery date was supposed to be today. Guess I will have to wait till tomorrow to receive my precious Roll Eyes

El Cabron

vip

Activity: 840

Merit: 1000

Quote from: smoothie on July 15, 2013, 08:23:10 PM

Concerning the possibility of lost coins/stolen coins. I am tinkering with the idea of funding them anyway just to give confidence in my brand of coins. But I haven't made a final decision on this yet.

So far there haven't been any stolen coins in the past few years as far as I am aware (or lost ones via registered mail).

At the moment I am concentrating on getting orders out in a secure manner.

Future batches will likely have a vanitgen address to decipher different batches of coins much like Mike does. This is a good idea in keeping things simple when something goes lost.

I too agree most people wont check the public list or block explorer especially people who are just learning about bitcoin/litecoin etc.

I'm glad you agree. Also if you do change your policy to "fund all the coins" it would be nice if you let the customer pick when they would like the coins funded.

And yes, we all know if we do not like your policy we don't have to buy from you, you made that more than clear.

Blazed

legendary

Activity: 2128

Merit: 1119

Mine shipped too!!

01BTC10

vip

Activity: 756

Merit: 503

Quote

Your order has shipped

Awesome thanks!

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: TheSwede75 on July 15, 2013, 07:30:38 PM

So, when you ship do you PM here or email?

I will PM here.

Once I get my site up and running it will likely be all via email from then on.

Concerning the possibility of lost coins/stolen coins. I am tinkering with the idea of funding them anyway just to give confidence in my brand of coins. But I haven't made a final decision on this yet.

So far there haven't been any stolen coins in the past few years as far as I am aware (or lost ones via registered mail).

At the moment I am concentrating on getting orders out in a secure manner.

Future batches will likely have a vanitgen address to decipher different batches of coins much like Mike does. This is a good idea in keeping things simple when something goes lost.

I too agree most people wont check the public list or block explorer especially people who are just learning about bitcoin/litecoin etc.

TheSwede75

full member

Activity: 224

Merit: 100

So, when you ship do you PM here or email?

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: Otoh on July 15, 2013, 07:14:19 PM

all issued coins should be funded imo or the brand will suffer disproportionately, yours or Casascius's both

they should be funded after shipping/receipt in order to avoid excess customs hassle/duty

oh, i didn't know there was a customs/duty hassle. in that case, i agree with you.

ultimately, this is still a great product and will highly desired as what we are talking about is an edge case.

Otoh

donator

Activity: 3108

Merit: 1166

all issued coins should be funded imo or the brand will suffer disproportionately, yours or Casascius's both

they should be funded after shipping/receipt in order to avoid excess customs hassle/duty

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: skull88 on July 15, 2013, 06:54:46 PM

Quote from: BitAddict on July 15, 2013, 06:38:45 PM

Quote from: cypherdoc on July 15, 2013, 06:04:30 PM

Quote from: smoothie on July 15, 2013, 05:56:33 PM

Quote from: Scott J on July 15, 2013, 03:16:48 PM

I think it is very important to clarify whether any coins could be sent out with a hologram on and yet end up not being funded.

If we have to rely on checking the public address, what is the point of having a tamper-proof hologram?

The cost of funding a coin that may have been lost or stolen in the post is worth the benefit of having a whole circulation of coins that are guaranteed to be funded.

So far a package has not gotten stolen or lost. It's guaranteed to arrive for the most part being sent via registered mail.

The idea is to fund all coins but if a package never gets to the original buyer from me then there is no point in funding the coins.

So far mike has not had a package lost or stolen reported and never turned up at his address or the buyer's.

I suppose I could fund stolen coins but does that make any sense?

Curious on your folks' input.

well if it's pretty much guaranteed to arrive then the flipside argument would be then why not fund them before you ship if you have nothing to lose?

i'm just saying that it's probably more worth it to you to have all your customers assured that an intact hologram means what it's supposed to mean; a loaded coin. the small losses due to theft is miniscule.

this is the fungibility argument that is so important to any BTC or LTC whether it be physical or virtual.

IMO this is really important.
Imagine one customer buying the stoled coins and after realizing they don't have litecoins inside :/

So you would buy one of these after a report of a stolen coin without looking up if the one offered is funded? Undecided

Casascius did (don't know now) this with the international shipped coins also, I needed to confirm if I received mine and than they got funded.
Am I the only one who actually prefers this? In case of my coins getting lost I can still recover the LTC's. If they get stolen funded, I lose the coins and the LTC's.

but ultimately the value of your physical LTC's will be higher as the public will have greater confidence in the hologram security as it was intended to be. if rumor gets around that it's "possible" for you to be passed an empty coin, you might not buy it.

also, not everyone will know they can check the address for the LTC on a public list. in fact, most won't know to.

skull88

hero member

Activity: 683

Merit: 500

Quote from: BitAddict on July 15, 2013, 06:38:45 PM

Quote from: cypherdoc on July 15, 2013, 06:04:30 PM

Quote from: smoothie on July 15, 2013, 05:56:33 PM

Quote from: Scott J on July 15, 2013, 03:16:48 PM

I think it is very important to clarify whether any coins could be sent out with a hologram on and yet end up not being funded.

If we have to rely on checking the public address, what is the point of having a tamper-proof hologram?

The cost of funding a coin that may have been lost or stolen in the post is worth the benefit of having a whole circulation of coins that are guaranteed to be funded.

So far a package has not gotten stolen or lost. It's guaranteed to arrive for the most part being sent via registered mail.

The idea is to fund all coins but if a package never gets to the original buyer from me then there is no point in funding the coins.

So far mike has not had a package lost or stolen reported and never turned up at his address or the buyer's.

I suppose I could fund stolen coins but does that make any sense?

Curious on your folks' input.

well if it's pretty much guaranteed to arrive then the flipside argument would be then why not fund them before you ship if you have nothing to lose?

i'm just saying that it's probably more worth it to you to have all your customers assured that an intact hologram means what it's supposed to mean; a loaded coin. the small losses due to theft is miniscule.

this is the fungibility argument that is so important to any BTC or LTC whether it be physical or virtual.

IMO this is really important.
Imagine one customer buying the stoled coins and after realizing they don't have litecoins inside :/

So you would buy one of these after a report of a stolen coin without looking up if the one offered is funded? Undecided

Casascius did (don't know now) this with the international shipped coins also, I needed to confirm if I received mine and than they got funded.
Am I the only one who actually prefers this? In case of my coins getting lost I can still recover the LTC's. If they get stolen funded, I lose the coins and the LTC's.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: BitAddict on July 15, 2013, 06:38:45 PM

Quote from: cypherdoc on July 15, 2013, 06:04:30 PM

Quote from: smoothie on July 15, 2013, 05:56:33 PM

Quote from: Scott J on July 15, 2013, 03:16:48 PM

I think it is very important to clarify whether any coins could be sent out with a hologram on and yet end up not being funded.

If we have to rely on checking the public address, what is the point of having a tamper-proof hologram?

The cost of funding a coin that may have been lost or stolen in the post is worth the benefit of having a whole circulation of coins that are guaranteed to be funded.

So far a package has not gotten stolen or lost. It's guaranteed to arrive for the most part being sent via registered mail.

The idea is to fund all coins but if a package never gets to the original buyer from me then there is no point in funding the coins.

So far mike has not had a package lost or stolen reported and never turned up at his address or the buyer's.

I suppose I could fund stolen coins but does that make any sense?

Curious on your folks' input.

well if it's pretty much guaranteed to arrive then the flipside argument would be then why not fund them before you ship if you have nothing to lose?

i'm just saying that it's probably more worth it to you to have all your customers assured that an intact hologram means what it's supposed to mean; a loaded coin. the small losses due to theft is miniscule.

this is the fungibility argument that is so important to any BTC or LTC whether it be physical or virtual.

IMO this is really important.
Imagine one customer buying the stoled coins and after realizing they don't have litecoins inside :/

Yeah I'm starting to see this as well.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: cypherdoc on July 15, 2013, 06:04:30 PM

Quote from: smoothie on July 15, 2013, 05:56:33 PM

Quote from: Scott J on July 15, 2013, 03:16:48 PM

I think it is very important to clarify whether any coins could be sent out with a hologram on and yet end up not being funded.

If we have to rely on checking the public address, what is the point of having a tamper-proof hologram?

The cost of funding a coin that may have been lost or stolen in the post is worth the benefit of having a whole circulation of coins that are guaranteed to be funded.

So far a package has not gotten stolen or lost. It's guaranteed to arrive for the most part being sent via registered mail.

The idea is to fund all coins but if a package never gets to the original buyer from me then there is no point in funding the coins.

So far mike has not had a package lost or stolen reported and never turned up at his address or the buyer's.

I suppose I could fund stolen coins but does that make any sense?

Curious on your folks' input.

well if it's pretty much guaranteed to arrive then the flipside argument would be then why not fund them before you ship if you have nothing to lose?

i'm just saying that it's probably more worth it to you to have all your customers assured that an intact hologram means what it's supposed to mean; a loaded coin. the small losses due to theft is miniscule.

this is the fungibility argument that is so important to any BTC or LTC whether it be physical or virtual.

Good point.

BitAddict

legendary

Activity: 1190

Merit: 1001

Quote from: cypherdoc on July 15, 2013, 06:04:30 PM

Quote from: smoothie on July 15, 2013, 05:56:33 PM

Quote from: Scott J on July 15, 2013, 03:16:48 PM

I think it is very important to clarify whether any coins could be sent out with a hologram on and yet end up not being funded.

If we have to rely on checking the public address, what is the point of having a tamper-proof hologram?

The cost of funding a coin that may have been lost or stolen in the post is worth the benefit of having a whole circulation of coins that are guaranteed to be funded.

So far a package has not gotten stolen or lost. It's guaranteed to arrive for the most part being sent via registered mail.

The idea is to fund all coins but if a package never gets to the original buyer from me then there is no point in funding the coins.

So far mike has not had a package lost or stolen reported and never turned up at his address or the buyer's.

I suppose I could fund stolen coins but does that make any sense?

Curious on your folks' input.

well if it's pretty much guaranteed to arrive then the flipside argument would be then why not fund them before you ship if you have nothing to lose?

i'm just saying that it's probably more worth it to you to have all your customers assured that an intact hologram means what it's supposed to mean; a loaded coin. the small losses due to theft is miniscule.

this is the fungibility argument that is so important to any BTC or LTC whether it be physical or virtual.

IMO this is really important.
Imagine one customer buying the stoled coins and after realizing they don't have litecoins inside :/

Topic: ► ❎ ► LEALANA PHYSICAL LITECOINS FOR SALE - RESUMING SALES!!! - page 32. (Read 133740 times)