$100,000 now. So that's 100x from the first post in this thread.
Congrats to all the hodlers out there.
Topic: These are worth [edit, again] $100,000+ now. (Read 7489 times)
sweet
Now I'm still sitting on 4 of those. I gave 3 to girls I fell in love with, one traded one of them back for a new car, the other used it to pay for her wedding. My only regret is not buying a few of the 1000btc coins.
I'm a good cook to and make love long time. PM me 
Now I'm still sitting on 4 of those. I gave 3 to girls I fell in love with, one traded one of them back for a new car, the other used it to pay for her wedding. My only regret is not buying a few of the 1000btc coins.
Oh my god, I can't believe it. Stephen Gornick sold his account? I just read the beginning of this thread, saw his name and wondered why I hadn't seen any of his posts lately. I looked up his recent posts to see where he's been posting and found out a functional illiterate is using his account. That's too bad, I really enjoyed his posts.
I wonder if he still has that casascius coin? Maybe not if he got tired of Bitcoin and bailed out.
I wonder if he still has that casascius coin? Maybe not if he got tired of Bitcoin and bailed out.
to be honest, they are not beautiful. not the most good looking coins, but it is the inside that counts. knowing what they are worth makes people want them. to bad i never bought any, but they seem to me to much like an piece you just hold and never going to use, so not so practical.
I guess the test of time has proven the integrity of the private keys within these coins. Many people did not go for the 25 BTC denomination even when it was worth only a few hundred bucks because of these concerns. I certainly didn't, but now I wish I had.
Just to illustrate my point regarding #1 above:
https://www.rt.com/business/372873-bitcoin-rise-2017-predictions/
*Still* being used as default cover-photo for bitcoin pieces...
https://www.rt.com/business/372873-bitcoin-rise-2017-predictions/
*Still* being used as default cover-photo for bitcoin pieces...
still ain't too pretty though. and if you'd paid a big premium then you'd feel a little sore. i wonder if casascius coins are gonna make a comeback. they seem a little quiet right now.
Yeah, they may be ugly, but as collectibles they have a bunch going for them:
1) They are hugely recognizable, thanks to being on the cover a hundreds of Bitcoin related articles over the years.
2) They are directly associated with Bitcoin's rise/history given the 2011 issue date and #1 above.
3) Mintage, of both types, was quite low.
4) Given that the stored value is high, a large percentage were redeemed.
I believe there are various now-desirable government-issue coins and so forth that were considered ugly in their day, and as such, did not become sought-after collectibles quickly, but when they did, they were especially scarce and valuable. We'll see.
As to the broader question of Casascius collectibility, it'll be interesting. If/when goldbugs really start to "see the light" and flood into Bitcoin, I can see Casascius coins getting a huge premium bump. Those guys love coins, and no other coin will ever be as quintessentially bitcoin as a Casascius issue.
still ain't too pretty though. and if you'd paid a big premium then you'd feel a little sore. i wonder if casascius coins are gonna make a comeback. they seem a little quiet right now.
$25,000 now. Boom.
Love seeing this!
How much is on the one in the OP
It's a 25BTC Series-2 Casascius coin.
How much is on the one in the OP
Originally posted this when the coin's BTC value cracked $1,000. Figured the $10,000 mark was worth a bump.
But beware - my last edit to the title prior to today was on April 9th!!
But beware - my last edit to the title prior to today was on April 9th!!
Say he sold about 400 of 25-Coins. Thats 10000 BTC and worth a million USD right now. Are you not worried that he might actually still possess the private keys and just transfer all your coins to an adress of his choice to cash out? I mean you would not even have legal means to get back at him....
That's crazy!I think we have a winner for the 1M$ topic.
Insane.
Thread title updated again. From $2500+ to $5000+.
Oh, and thread title updated from "$1000+" to "$2500+". Crazy.
Say he sold about 400 of 25-Coins. Thats 10000 BTC and worth a million USD right now. Are you not worried that he might actually still possess the private keys and just transfer all your coins to an adress of his choice to cash out? I mean you would not even have legal means to get back at him....
Mike addresses these concerns: https://www.casascius.com/faq.aspx
Bottom line: Yes, on some level, you do have to trust him. The coins are primarily meant as a cool novelty; something to use to get the conversation started with people who like to hold things in their hands. There are better ways to store the majority of one's bitcoins than physical coins.
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