Topic: My loaded 100 BTC Casascius Bearer Bar (Read 14350 times)
This is an amazing piece of history right there. Props for HODL.
@OP, someone just peeled a 100 BTC bar, making your bar even more scarce: https://twitter.com/CasasciusBot/status/1338400854144024577?s=19
Any pictures of it?
I posted pictures a while back, but they somehow got deleted. Here is an image that I found lying around. It is difficult to access the bar (for security), so this is the best I have on short notice.
https://i.imgur.com/vZN4Pt1.jpeg
Thanks yeah I noticed the older pics aren't there anymore. This is insane to have. Truly a unicorn amongst unicorns. Good luck in whatever you decide to do. Personally I'd peel it. The hassle of trying to move something like that just seems overwhelming for me.
Any pictures of it?
I posted pictures a while back, but they somehow got deleted. Here is an image that I found lying around. It is difficult to access the bar (for security), so this is the best I have on short notice.
Any pictures of it?
The chance of fire/water damage and theft can easily be mitigated by taking enough safety measures when storing it. Hopefully teeGUMES' Canary Thread gives you peace of mind about the odds of degrading private keys but it appears that Mike has done his best to make sure the private keys are well preserved.
Regarding the importance of the bar, I totally think you're right on that one. Depending on Bitcoin's success in the coming years, these bars could turn into modern era artifacts.
Regarding the importance of the bar, I totally think you're right on that one. Depending on Bitcoin's success in the coming years, these bars could turn into modern era artifacts.
Personally I would just peel and store funds on a trezor. There are numerous risks with holding a Cas with this much value. Fire/Water damage, theft, degrading of private key under hologram, compromised Cas private keys (yes I know it's highly unlikely). It'll be difficult and not really worth the premium to find a buyer, so I'd just peel, redeem all the forks, buy a new car 
, and hold the 100btc on something that you know is more secure and password protected.
, and hold the 100btc on something that you know is more secure and password protected.I feel like peeling it would be wrong. There are only 48 unpeeled bars left, and the closer that number gets to 0, the more important it is to keep the bar whole.
Personally I would just peel and store funds on a trezor. There are numerous risks with holding a Cas with this much value. Fire/Water damage, theft, degrading of private key under hologram, compromised Cas private keys (yes I know it's highly unlikely). It'll be difficult and not really worth the premium to find a buyer, so I'd just peel, redeem all the forks, buy a new car , and hold the 100btc on something that you know is more secure and password protected.
, and hold the 100btc on something that you know is more secure and password protected. Just stumbled upon this thread, I assume that you're based in the States and would want to transact in person there, are you in any particular rush or having held this for so long are you happy to wait a few months for an offer higher than 115BTC?
I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.
I'm presently traveling for a few months and leave my BTC on Ledger Blue wallets in bank's safety deposit boxes, ideally my next visit to the States wouldn't be until January 2019.
I am in no particular hurry, except that the high BTC goes, the harder it will be to sell it.
Likely any buyer would already have the bitcoins, as in my case, so the USD rate doesn't really matter that much (so long as one doesn't mind making large amounts of value much less liquid in return for this cool collectable cold storage), I'm happy to offer you 120 BTC (regardless of what the USD/BTC value is when we complete) and exchange face to face at a mutually agreed lawyer's offices* in the States in January 2019 (I'm based in LA, but could fly in to NY np) or if you fancy a trip to Europe before then and don't mind bringing it over with you then I could do it in July - Aug - part Sept - Channel Islands (UK), part Sept - Greece, Oct - Madrid, Nov - Barcelona.
*A simple sales contract having being drawn up to show our details, the transfer of ownership and the relevant BTC addies, the lawyer effectively escrowing by holding the bar until the payment coins confirm at your given receiving addie, a couple of hours max or so depending on how many confirmations you'd like.
I remember watching this a bit back then, I always just assumed this deal had happened and never thought on it any further. Where you guys just unable to meet on a price or was it the timing of it all.
Either way good luck with the sale or peeling wherever this ends.
Hi!
You should reach Niklas Nikolajsen, founder of Bitcoin Suisse. He is a gold collector and the proud owner of a 25 BTC Casascius.
Check this video https://www.youtube.com/watch?v=-IF4TUt1D94 (14:00).
You should reach Niklas Nikolajsen, founder of Bitcoin Suisse. He is a gold collector and the proud owner of a 25 BTC Casascius.
Check this video https://www.youtube.com/watch?v=-IF4TUt1D94 (14:00).
I have a feeling that this point your bar could probably be sold at Sotheby's.
I’m certain it would get peeled long before considering an auction house sale that would take a ~13% cut.
Well yeah not worth a 13% cut unless it made sense to.
John, honest truth is it probably won't sell here nor anywhere really. A piece this expensive is either peel or hodl that's your 2 choices with this piece. Sotheby's wouldn't get a premium that would be worth it...yet. probably soon (2023-2025) cas pieces will be as coveted as other coveted art pieces.
To be fair,
If you wanted to sell it, I would contact the likes of Changpeng Zhao (binance), winklevoss twins, Michael Saylor (Microstrategies), Robert Kiyosaki, @jack (twitter) ....
Any of those super heavy loaded VIP that have interest in crypto.
Going to Sotheby will incur you a 8-10% fee. And probably a capital gain tax. And then you will have to buy again crypto with the dirty fiat from the sale .....
Selling it for 100BTC + xx premium in BTC should just be a "barter" transaction and maybe no tax (to be checked).
If you wanted to sell it, I would contact the likes of Changpeng Zhao (binance), winklevoss twins, Michael Saylor (Microstrategies), Robert Kiyosaki, @jack (twitter) ....
Any of those super heavy loaded VIP that have interest in crypto.
Going to Sotheby will incur you a 8-10% fee. And probably a capital gain tax. And then you will have to buy again crypto with the dirty fiat from the sale .....
Selling it for 100BTC + xx premium in BTC should just be a "barter" transaction and maybe no tax (to be checked).
If he is USA based the answer is no.
Like kind transaction only works for real easte.
This is due to President Trumps 2018 Tax reform.
Personally I think its a burden to own it just peel it move 99.5 btc out of it then work on the forked money.
Once it is emptied sell it peeled and be done with it.
Cash some coins and pay some tax . then enjoy the profits.
I have a feeling that this point your bar could probably be sold at Sotheby's.
I’m certain it would get peeled long before considering an auction house sale that would take a ~13% cut.
To be fair,
If you wanted to sell it, I would contact the likes of Changpeng Zhao (binance), winklevoss twins, Michael Saylor (Microstrategies), Robert Kiyosaki, @jack (twitter) ....
Any of those super heavy loaded VIP that have interest in crypto.
Going to Sotheby will incur you a 8-10% fee. And probably a capital gain tax. And then you will have to buy again crypto with the dirty fiat from the sale .....
Selling it for 100BTC + xx premium in BTC should just be a "barter" transaction and maybe no tax (to be checked).
If you wanted to sell it, I would contact the likes of Changpeng Zhao (binance), winklevoss twins, Michael Saylor (Microstrategies), Robert Kiyosaki, @jack (twitter) ....
Any of those super heavy loaded VIP that have interest in crypto.
Going to Sotheby will incur you a 8-10% fee. And probably a capital gain tax. And then you will have to buy again crypto with the dirty fiat from the sale .....
Selling it for 100BTC + xx premium in BTC should just be a "barter" transaction and maybe no tax (to be checked).
that has got to be one of the best, if not the best, investments you made right there!
The following is my original April 15, 2018 post, signed using my account's signing address (https://bitcointalksearch.org/topic/m.55749015):
You're linking to a signing address you posted today, which doesn't prove anything. Can you sign a message from an old address like this one: 1P1nsECBk5HoSJeQVNdsarpAybz1LHrs1X (linked to this post: https://bitcointalksearch.org/topic/m.17041076)That's a good suggestion, but I can't find the wallet used to send the bitcoins in that specific transaction. However, I can sign a message using an address from an earlier transaction:
-----BEGIN BITCOIN SIGNED MESSAGE-----
On May 29, 2016, in the post https://bitcointalksearch.org/topic/m.15004658, I acknowledged sending 1.1 BTC to address 1FSeDLeN8Hr4UHBSeoNcNX5gy8oKFHx7pB in the transaction https://blockchain.info/tx/a5314766167ca46047297739924f091834d2e72362de61fd417c0c7126ba6333, from the address 1Mh9qhPjVYtCSNDFVU5ygNux3bXBdr57L9, which is used to sign this message.
-----BEGIN BITCOIN SIGNATURE-----
Version: Bitcoin-qt (1.0)
Address: 1Mh9qhPjVYtCSNDFVU5ygNux3bXBdr57L9
IL1tHKcs00suqkSe6/Qn+EZv6r77luYv3/qPkkCxuUhNXpMD6n+rj611ZzlkC7cn/dY3X21dG+0QqhjzHtJ9N1Q=
-----END BITCOIN SIGNATURE-----
Verified!
The following is my original April 15, 2018 post, signed using my account's signing address (https://bitcointalksearch.org/topic/m.55749015):
You're linking to a signing address you posted today, which doesn't prove anything. Can you sign a message from an old address like this one: 1P1nsECBk5HoSJeQVNdsarpAybz1LHrs1X (linked to this post: https://bitcointalksearch.org/topic/m.17041076)That's a good suggestion, but I can't find the wallet used to send the bitcoins in that specific transaction. However, I can sign a message using an address from an earlier transaction:
-----BEGIN BITCOIN SIGNED MESSAGE-----
On May 29, 2016, in the post https://bitcointalksearch.org/topic/m.15004658, I acknowledged sending 1.1 BTC to address 1FSeDLeN8Hr4UHBSeoNcNX5gy8oKFHx7pB in the transaction https://blockchain.info/tx/a5314766167ca46047297739924f091834d2e72362de61fd417c0c7126ba6333, from the address 1Mh9qhPjVYtCSNDFVU5ygNux3bXBdr57L9, which is used to sign this message.
-----BEGIN BITCOIN SIGNATURE-----
Version: Bitcoin-qt (1.0)
Address: 1Mh9qhPjVYtCSNDFVU5ygNux3bXBdr57L9
IL1tHKcs00suqkSe6/Qn+EZv6r77luYv3/qPkkCxuUhNXpMD6n+rj611ZzlkC7cn/dY3X21dG+0QqhjzHtJ9N1Q=
-----END BITCOIN SIGNATURE-----
.
I have a feeling that this point your bar could probably be sold at Sotheby's.
The following is my original April 15, 2018 post, signed using my account's signing address (https://bitcointalksearch.org/topic/m.55749015):
You're linking to a signing address you posted today, which doesn't prove anything. Can you sign a message from an old address like this one: 1P1nsECBk5HoSJeQVNdsarpAybz1LHrs1X (linked to this post: https://bitcointalksearch.org/topic/m.17041076)
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