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Topic: [LTC] [ANN] Physical Litecoins by CryptoVest (Project on hold) (Read 13005 times)

newbie
Activity: 28
Merit: 0
Would prefer if it didnt have "cryptovest" on it... whats the price range of the coin, depending on denomination?
member
Activity: 77
Merit: 10
Hi everyone,

After all this I have decided not to make the coins. I spent too much time organizing things and polling the public for their opinions, that it seems that someone else has beaten me to the punch and made their own physical Litecoins. This was a surprise to me, seeing as though this person never made an announcement or anything. I can't honestly take my investors money (over $10k) and use it on this project knowing that there will be competition and that his ROI will likely take a large hit. Believe me, no one is more upset with this turn of events than I am, I have spent over a thousand dollars on design and programming a custom program to generate/print addresses, and most of my free time the past few months has gone into planning or organizing some part of this.

Thank you all for your interest,

Ch


I'm also thinking of making some physical rounds for Litecoin for the community.

Would you consider either selling or open-sourcing the software you made to generate and print addresses? 

I assume it's something quite like the one Mike of Casascius created.

Thanks for your time.
legendary
Activity: 4522
Merit: 3426
I will think it over some more Coblee.

I admit sometimes I am quick to make a decision or say something without really thinking things over as thoroughly I should.

It's hard to say no to the creator of Litecoin, you are seriously like a God to me... minus the praying and church stuff. Well.. OK, maybe that was a bit of an exaggeration, however I do hold a great deal of respect for you. Smiley

His coins are different. They are silver. Some people will want his. Some people will want yours. Some people will want both.
donator
Activity: 3136
Merit: 1167
I will think it over some more Coblee.

I admit sometimes I am quick to make a decision or say something without really thinking things over as thoroughly I should.

It's hard to say no to the creator of Litecoin, you are seriously like a God to me... minus the praying and church stuff. Well.. OK, maybe that was a bit of an exaggeration, however I do hold a great deal of respect for you. Smiley

Who is this other seller? Source?



https://bitcointalk.org/index.php?topic=232777.0;all

My apologies guys, the project is on hold for the time being.

That doesn't mean I won't change my mind at some point in the future but for now I am holding off.
full member
Activity: 224
Merit: 100
I will think it over some more Coblee.

I admit sometimes I am quick to make a decision or say something without really thinking things over as thoroughly I should.

It's hard to say no to the creator of Litecoin, you are seriously like a God to me... minus the praying and church stuff. Well.. OK, maybe that was a bit of an exaggeration, however I do hold a great deal of respect for you. Smiley

Who is this other seller? Source?
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
I will think it over some more Coblee.

I admit sometimes I am quick to make a decision or say something without really thinking things over as thoroughly I should.

It's hard to say no to the creator of Litecoin, you are seriously like a God to me... minus the praying and church stuff. Well.. OK, maybe that was a bit of an exaggeration, however I do hold a great deal of respect for you. Smiley
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
Hi everyone,

After all this I have decided not to make the coins. I spent too much time organizing things and polling the public for their opinions, that it seems that someone else has beaten me to the punch and made their own physical Litecoins. This was a surprise to me, seeing as though this person never made an announcement or anything. I can't honestly take my investors money (over $10k) and use it on this project knowing that there will be competition and that his ROI will likely take a large hit. Believe me, no one is more upset with this turn of events than I am, I have spent over a thousand dollars on design and programming a custom program to generate/print addresses, and most of my free time the past few months has gone into planning or organizing some part of this.

Thank you all for your interest,

Ch

CoinHoarder, I'm sad to hear this. Would you reconsider? The other party seems to be making silver litecoins. I assume yours won't be silver so would be cheaper. Not everyone wants to pay the premium for a silver coin. So I'm sure you will have demand that's not met by these other coins.
donator
Activity: 3136
Merit: 1167
I agree that it was never your intent to scam, just saying that this helps to confirm that.

@dnaleor lol, that's my BTC sig address, it's a black hole Tongue
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
Wow, very sorry to hear this, though along with not going down the pre-order path it does help to confirm your integrity, if you & your backers do decide to launch a physical LTC some time in the future, there may well be room for two or more manufacturers in this market, then you already have a lot of goodwill, best of luck & hope to hear more in the future re this &/or other projects.

Cheers Otoh,

I assure you it was never my intent to scam, I only wanted to make something neat for Litecoin that didn't exist yet. Another part of me feels that my time would be better spent working on creating another product/service that doesn't exist and building upon the Litecoin infrastructure, rather than competing with someone from the community working on a similar project.


Undecided

Thx for your effort!

I'll donate a small ammount:)

Is this your BTC address: 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc     ?
(I also have LTC, but rather keep it Wink )

That's not necessary, but I won't stop you.  Smiley

I'm not sure where you found that address- I don't recognize it, but here is my BTC hot wallet: 1PeMQ6epzs9FWynK8ds7tAwJviAi9rLn9G

Thanks a lot.  Grin
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
Hi everyone,

After all this I have decided not to make the coins. I spent too much time organizing things and polling the public for their opinions, that it seems that someone else has beaten me to the punch and made their own physical Litecoins. This was a surprise to me, seeing as though this person never made an announcement or anything. I can't honestly take my investors money (over $10k) and use it on this project knowing that there will be competition and that his ROI will likely take a large hit. Believe me, no one is more upset with this turn of events than I am, I have spent over a thousand dollars on design and programming a custom program to generate/print addresses, and most of my free time the past few months has gone into planning or organizing some part of this.

Thank you all for your interest,

Ch

 Undecided

Thx for your effort!

I'll donate a small ammount:)

Is this your BTC address: 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc     ?
(I also have LTC, but rather keep it Wink )
donator
Activity: 3136
Merit: 1167
Wow, very sorry to hear this, though along with not going down the pre-order path it does help to confirm your integrity, if you & your backer/s do decide to launch a physical LTC any time, there may well be room for two or more manufacturers in this market, then you already have a lot of goodwill, best of luck & hope to hear more in the future re this &/or other projects.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
Hi everyone,

After all this I have decided not to make the coins. I spent too much time organizing things and polling the public for their opinions, that it seems that someone else has beaten me to the punch and made their own physical Litecoins. This was a surprise to me, seeing as though this person never made an announcement or anything. I can't honestly take my investors money (over $10k) and use it on this project knowing that there will be competition and that his ROI will likely take a large hit. Believe me, no one is more upset with this turn of events than I am, I have spent over a thousand dollars on design and programming a custom program to generate/print addresses, and most of my free time the past few months has gone into planning or organizing some part of this.

Thank you all for your interest,

Ch
full member
Activity: 224
Merit: 100
I wish you would start accepting pre-orders ASAP. I wouldn't mind securing a roll of 1/5/10 LTC coins from first batch. Would be way easier then having to check the thread every day..
full member
Activity: 224
Merit: 100
I like the one's in post #144 and #166 in this thread.

Just my 2 satoshi's

Could be also, just my 2 charlies or 2 coblees - from LTC creator Charlie Lee
Lol. love it.

CH - I'm still loving zinodaur's design the best, especially the black on silver. Easily the most professional looking submission.

I'll be making an official announcement as to the design later this week. I have made a decision as to which design to use, however I changed the mechanics of the design after receiving some advice and would like to get it finalized before announcing anything.

I was originally planning on printing the Litecoin address of the coin directly on top of the hologram. I was advised against this because the address may wear off due to excessive wear (carrying it around in your pocket or wallet, etc.) The new design will be similar to how Casascius does his coins nowadays, with a window in the hologram containing the Litecoin address underneath it on the coin insert, and the private key printed on the opposite side.

Seems neat, I'm in for about 500 LTC worth of the first batch.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
I like the one's in post #144 and #166 in this thread.

Just my 2 satoshi's

Could be also, just my 2 charlies or 2 coblees - from LTC creator Charlie Lee
Lol. love it.

CH - I'm still loving zinodaur's design the best, especially the black on silver. Easily the most professional looking submission.

I'll be making an official announcement as to the design later this week. I have made a decision as to which design to use, however I changed the mechanics of the design after receiving some advice and would like to get it finalized before announcing anything.

I was originally planning on printing the Litecoin address of the coin directly on top of the hologram. I was advised against this because the address may wear off due to excessive wear (carrying it around in your pocket or wallet, etc.) The new design will be similar to how Casascius does his coins nowadays, with a window in the hologram containing the Litecoin address underneath it on the coin insert, and the private key printed on the opposite side.
hero member
Activity: 742
Merit: 500
I like the one's in post #144 and #166 in this thread.

Just my 2 satoshi's

Could be also, just my 2 charlies or 2 coblees - from LTC creator Charlie Lee
Lol. love it.

CH - I'm still loving zinodaur's design the best, especially the black on silver. Easily the most professional looking submission.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
got a date yet?

I'm apprehensive to give a date because then I'll feel bad if I don't make it.  Smiley

I may be able to provide a conservative estimate later this week.
donator
Activity: 3136
Merit: 1167
I like the one's in post #144 and #166 in this thread.

Just my 2 satoshi's

Could be also, just my 2 charlies or 2 coblees - from LTC creator Charlie Lee
full member
Activity: 196
Merit: 100
sr. member
Activity: 302
Merit: 250
I like the one's in post #144 and #166 in this thread.

Just my 2 satoshi's
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