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Topic: Physical Bitcoin Auction ends Friday - CASASCIUS on ebay (Read 677 times)

newbie
Activity: 54
Merit: 0
I not going to do it , just saying people will pay more :-)
newbie
Activity: 15
Merit: 0
Sell it for 12 and a half LOL and cut the 250 on eBay, cancel the sale but you'll get the negative from your buyer...maybe...you've got 100% positive and selling...I don't know, think about it...
newbie
Activity: 54
Merit: 0
sold for just under 12.
thanks everybody for helping an old fool through all this

I just missed the £1 ebay deal, it cost £250

the buyers are out there, 5 people gunning for it hard at the end.
I got Email straight after offering me 12500
legendary
Activity: 3752
Merit: 1415
Some folk offer cash now to stop auction and meet them in a dark part of town :-)
Iv had a few of them.

 But can I ask one more thing – a guy says he needs to spend a few hours with me because it takes that long for the coin to get into his wallet, and only then is he happy to pay.
  Is this 3 hour transfer time correct ?

Dang just read this quote.  The old, yeah It didn't work sorry can't pay you, then out the door he goes.  Amazing how many scammers there are in the world.  

OP heads up, don't know how it is in the uk, but for high value sales for things like this police stations in the US offer their station as a safe trade place for buyers and sellers.  Would recommend checking that out for any in person trades...and never give up the keys before you have money in hand.  If they want to redeem the coin it is a 100% scam.
newbie
Activity: 15
Merit: 0
Watched the auction closely, it sold below the market price, with min 0.1 BTC Premium is worth around 13.5k at bitpay's rate at the time of the auction ending, sold for 12k with 10% eBay fees, so would be 10.8k net for him...

Fees are capped at a max of £250 on Ebay.co.uk. He may even have been jammy and been offered a £1 fee offer which I get pretty regularly. I'm surprised it didn't reach more considering the current frenzy but there's a small pool of buyers for such a thing and perhaps the right ones weren't there in time.

Right, had no idea about that, I thought that'll be 10% no matter the value of the sale, hmm...interesting...and yea about buyers, with the BTC price so high, one CAS is now worth a lot of money...
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Watched the auction closely, it sold below the market price, with min 0.1 BTC Premium is worth around 13.5k at bitpay's rate at the time of the auction ending, sold for 12k with 10% eBay fees, so would be 10.8k net for him...

Fees are capped at a max of £250 on Ebay.co.uk. He may even have been jammy and been offered a £1 fee offer which I get pretty regularly. I'm surprised it didn't reach more considering the current frenzy but there's a small pool of buyers for such a thing and perhaps the right ones weren't there in time.
newbie
Activity: 15
Merit: 0
So it sold pretty much on the nose of the market Bitcoin price give or take a few hundred quid which is surprising.

I hope the actual exchange of the coin goes smoothly for all.

Watched the auction closely, it sold below the market price, with min 0.1 BTC Premium is worth around 13.5k at bitpay's rate at the time of the auction ending, sold for 12k with 10% eBay fees, so would be 10.8k net for him...
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
So it sold pretty much on the nose of the market Bitcoin price give or take a few hundred quid which is surprising.

I hope the actual exchange of the coin goes smoothly for all.
newbie
Activity: 54
Merit: 0
RE - " I assume you're not going to accept anything less than face value "

I am, it will sell for whatever the bitcoin gods price it at.
newbie
Activity: 54
Merit: 0
legendary
Activity: 1288
Merit: 1087

surely more of a WTF link? the highest premium i've seen for one of those is about 5-6 btc when that would've been less than $2000 in total.

or the seller could be a time traveler from the future. maybe he's looking for some fat fingers that can't read but not too many people will have that lying around in their accounts. and customarily having any more than exactly one bitcoin on the balance is less attractive for some buyers.
sr. member
Activity: 476
Merit: 250
OP, I've spotted your auction is far under the Bitcoin price at present so I assume you're not going to accept anything less than face value?

If it does sell for less, which is very unlikely in the current climate but you never know, then you may as well tell the winner to sod off and peel it and sell the Bitcoin and alts off it which will be far less hassle and more secure for you, or offer it up here instead to rescue it.

If it were me I'd only do the sale meeting in a bank and accepting cash or bank transfer straight from them to you. And once again balls to Paypal and triply even more so if a deal is done in person.

For reference OP the current price of Bitcoin (not including Bitcoin gold or cash) is £11k - your auction is currently at £6k

Also as you're not so savvy with Bitcoin, it seems like cash / bank transfer is a better route for you. If you go down this route I would definitely suggest meeting in a bank or police station in case the buyer wants to do anything he shouldn't..

Regardless well done for holding on to the coin so long - it might be a little difficult to shift the coin right now due to the constant rising price of Bitcoin - if you do find a buyer make sure you do you due dil with them first, don't rush into a deal you're not comfortable with
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
OP, I've spotted your auction is far under the Bitcoin price at present so I assume you're not going to accept anything less than face value?

If it does sell for less, which is very unlikely in the current climate but you never know, then you may as well tell the winner to sod off and peel it and sell the Bitcoin and alts off it which will be far less hassle and more secure for you, or offer it up here instead to rescue it.

If it were me I'd only do the sale meeting in a bank and accepting cash or bank transfer straight from them to you. And once again balls to Paypal and triply even more so if a deal is done in person.
newbie
Activity: 54
Merit: 0
All Fair warning, thank you thank you thank you


I wasn't thinking of ending sale but people have been making these suggestion about how to collect it.
One guy even suggests meeting in the night with bags of cash  :-o
newbie
Activity: 15
Merit: 0
Happened to be online and saw your last post...
UNDER NO CIRCUMSTANCES let ANYONE redeem the coin first without paying. If anyone does this, you'll lose the BTC loaded on the coin, even if they'll be doing it in your living room...you'll be able to prove that the BTC have been moved to a different address but you'll never know to whom the address belongs, can't prove that the address belongs to a specific person.  Just for your knowledge, a transaction can take from as little as let's say 10 mins up to 24hrs and it solely depends on how busy the BTC network is. I don't think that you should accept cash and end the auction on eBay, you may get more for the coin there, just wait for the auction to finish and like I said earlier, send a message to your buyer to come and collect, no PayPal and as a tip you can cancel the eBay transaction if your buyer agrees and split the fees in half, you'll get 5% more net value and your buyer will pay 5% less than he won it but there will be no fees to pay on your side so you'll get more net eventually, will be more convenient for both, lots of people are doing this. And about the meeting, don't meet in shady places because we're speaking about thousands of pounds which is a lot of money, and don't go to deliver, the buyer should either come to your place or something public from your neighbourhood, let him inspect the coin, verify it if he wants and straight after that get the cash and everyone will be happy...
Good luck mate, ask anything, will help if I may, don't want anyone else to get scammed as it happened to me and so many others...
legendary
Activity: 3570
Merit: 1959
Some folk offer cash now to stop auction and meet them in a dark part of town :-)
Iv had a few of them.

 But can I ask one more thing – a guy says he needs to spend a few hours with me because it takes that long for the coin to get into his wallet, and only then is he happy to pay.
  Is this 3 hour transfer time correct ?

Bad idea, it sounds rather suspicious. Besides, it will also lead to the redemption of this coin. Why would anyone want to do that???

Oh, right, I never thought of it that way - is he going to peel it in front of you and redeem it or something? LOL
legendary
Activity: 3122
Merit: 1348
Some folk offer cash now to stop auction and meet them in a dark part of town :-)
Iv had a few of them.

 But can I ask one more thing – a guy says he needs to spend a few hours with me because it takes that long for the coin to get into his wallet, and only then is he happy to pay.
  Is this 3 hour transfer time correct ?

Bad idea, it sounds rather suspicious. Besides, it will also lead to the redemption of this coin. Why would anyone want to do that???
legendary
Activity: 3570
Merit: 1959
Some folk offer cash now to stop auction and meet them in a dark part of town :-)
Iv had a few of them.

 But can I ask one more thing – a guy says he needs to spend a few hours with me because it takes that long for the coin to get into his wallet, and only then is he happy to pay.
  Is this 3 hour transfer time correct ?

No, if you are the seller he's paying you, so that makes no sense. I can see waiting for 1 confirmation on the network by the seller, but not the buyer? Why does it take him 3 hours WITH YOU to get btc to pay you? F that... Tongue
newbie
Activity: 54
Merit: 0
Some folk offer cash now to stop auction and meet them in a dark part of town :-)
Iv had a few of them.

 But can I ask one more thing – a guy says he needs to spend a few hours with me because it takes that long for the coin to get into his wallet, and only then is he happy to pay.
  Is this 3 hour transfer time correct ?
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