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Topic: Prepare to fall in love my friends... - page 2. (Read 2335 times)

hero member
Activity: 518
Merit: 500
December 12, 2013, 11:35:57 PM
#16
Seems like I've found another reason for not like physical bitcoins - they've been banned!!
sr. member
Activity: 315
Merit: 250
December 12, 2013, 10:48:36 PM
#15
You may want to rethink this. Look what happened to casascius coins. Pure bullshit, but do you have the money to hire attorneys and argue with the government? Good luck. I hope you win!

http://www.wired.com/wiredenterprise/2013/12/casascius/

Read the thread.  Just a few posts above yours:

Alitin Mint is a licensed money transmitter and registered with FinCEN so they are totally legal right now.
legendary
Activity: 1470
Merit: 1002
Hello!
December 12, 2013, 10:40:08 PM
#14
haha jokes on you no one will ever love me
newbie
Activity: 36
Merit: 0
December 12, 2013, 10:13:07 PM
#13
You may want to rethink this. Look what happened to casascius coins. Pure bullshit, but do you have the money to hire attorneys and argue with the government? Good luck. I hope you win!

http://www.wired.com/wiredenterprise/2013/12/casascius/
hero member
Activity: 518
Merit: 500
December 12, 2013, 10:00:32 PM
#12
I 'm already in love with a girl that doesn't really cares about me. Carry on  Embarrassed

Congrats on posting something as far off-topic as I have ever seen in a forum  Wink

But you are obviously hurting so I feel for ya bro.
sr. member
Activity: 476
Merit: 250
December 12, 2013, 09:35:34 PM
#11
I 'm already in love with a girl that doesn't really cares about me. Carry on  Embarrassed
full member
Activity: 176
Merit: 101
Cryptographic money will be the bedrock in time.
December 12, 2013, 09:23:40 PM
#10
I've never understood this need to turn a purely virtual, mathematical currency into something physical. I've been told it makes it easier for "the guy on the street to understand it". No it doesn't, it just confuses the concept.

What happens if you lose the physical coin or have it stolen? Do you lose the value as well?

For my bitcoin, I'm happy to keep it virtual, and stored in a brain wallet, not stuck under the mattress.

I guess it's more of a collectors thing. More romantic to have the physical coin, and also it's an investment. Physical bitcoins are scarce and rare coins gets more valuable over years.

Gotcha ... but still  .....

1) Do your lose your bitcoin "value" if the coin is stolen?
2) Kind of ironic people are making bitcoins out of silver, when many people see bitcoin as replacing gold + silver

If it proves a good investment, good luck to you. They do look nice I'll admit that. Just I wouldn't want to own one if the bitcoin price dropped to $10 and I realized I'd spend a load of money on silver that wasn't worth much.

Alitin Mint plans some seriously cool gold bitcoins. Solid 24K gold, 3 oz, 3 BTC. They are likely only going to make 100 of them.
hero member
Activity: 518
Merit: 500
December 12, 2013, 08:44:04 PM
#9
I've never understood this need to turn a purely virtual, mathematical currency into something physical. I've been told it makes it easier for "the guy on the street to understand it". No it doesn't, it just confuses the concept.

What happens if you lose the physical coin or have it stolen? Do you lose the value as well?

For my bitcoin, I'm happy to keep it virtual, and stored in a brain wallet, not stuck under the mattress.

I guess it's more of a collectors thing. More romantic to have the physical coin, and also it's an investment. Physical bitcoins are scarce and rare coins gets more valuable over years.

Gotcha ... but still  .....

1) Do your lose your bitcoin "value" if the coin is stolen?
2) Kind of ironic people are making bitcoins out of silver, when many people see bitcoin as replacing gold + silver

If it proves a good investment, good luck to you. They do look nice I'll admit that. Just I wouldn't want to own one if the bitcoin price dropped to $10 and I realized I'd spend a load of money on silver that wasn't worth much.
full member
Activity: 176
Merit: 101
Cryptographic money will be the bedrock in time.
December 12, 2013, 02:54:44 PM
#8
Alitin Mint is a licensed money transmitter and registered with FinCEN so they are totally legal right now.
sr. member
Activity: 315
Merit: 250
December 12, 2013, 12:41:43 PM
#7
I wish there were hi-res images of the coins.  I can barely make out what the reverse of the coin looks like.
full member
Activity: 171
Merit: 100
December 12, 2013, 12:19:09 PM
#6
I've never understood this need to turn a purely virtual, mathematical currency into something physical. I've been told it makes it easier for "the guy on the street to understand it". No it doesn't, it just confuses the concept.

What happens if you lose the physical coin or have it stolen? Do you lose the value as well?

For my bitcoin, I'm happy to keep it virtual, and stored in a brain wallet, not stuck under the mattress.

I guess it's more of a collectors thing. More romantic to have the physical coin, and also it's an investment. Physical bitcoins are scarce and rare coins gets more valuable over years.
hero member
Activity: 518
Merit: 500
December 12, 2013, 09:35:13 AM
#5
I've never understood this need to turn a purely virtual, mathematical currency into something physical. I've been told it makes it easier for "the guy on the street to understand it". No it doesn't, it just confuses the concept.

What happens if you lose the physical coin or have it stolen? Do you lose the value as well?

For my bitcoin, I'm happy to keep it virtual, and stored in a brain wallet, not stuck under the mattress.
hero member
Activity: 798
Merit: 1000
Account was hacked and now reclaimed.
December 12, 2013, 01:51:14 AM
#4
i think you're getting a little ahead of yourself... this looks about as traditional as it gets.
LOL
member
Activity: 71
Merit: 10
December 12, 2013, 01:48:38 AM
#3
I wasn't able to find any reference beyond the Alitin Mint website that the artist was working on this coin.

I'm very tempted to pull the trigger, but ~3 BTC is a lot to spend with a company that doesn't have a track record.
hero member
Activity: 812
Merit: 505
The Last NXT Founder
December 12, 2013, 12:56:11 AM
#2
at a premium of ~1btc? no thank you.
full member
Activity: 176
Merit: 101
Cryptographic money will be the bedrock in time.
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