Author

Topic: These physical LTC look awesome! (Read 3763 times)

jr. member
Activity: 392
Merit: 2
July 11, 2020, 04:12:51 PM
#68
Yes these physical LTC look awesome. But yes when i go to sell this LTC no one will pay for the plane that i almost had. So i will have someone else's money on hand. It also shows the awesome impact of air power at the tactical level of the war.
legendary
Activity: 1862
Merit: 1327
July 09, 2020, 03:12:57 AM
#67
Oh yes, this physical crypto coin is one of the best that I have ever seen. Better than BTC coin, the effect is amazing. I don't know if it is real or only a photoshopped pic. If you find where to buy it please poste the link that I wanna it in my collection
sr. member
Activity: 910
Merit: 252
July 09, 2020, 01:13:01 AM
#66
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.
It completely make sense yes anybody can write or design anything on silver it doesn't increase the value . If somebody real fan of Litecoin then buy one and keep it for them-self as we buy fan t short , Mugs similar kind of apart from no use for litecoin value or blockchain . Its clearly some marketing gimick or the guy who has done this having good marketing strategy.
member
Activity: 102
Merit: 10
2022 = 1B1P
July 09, 2020, 12:11:44 AM
#65
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

Well if casascius silver coins are any indication, you are wrong.

When those first came out, it cost about $80. About 10 bitcoins at $4 each + 1oz silver at $30 + $10 premium.
Check out how much they went for on ebay recently: http://www.ebay.com/sch/i.html?_sop=13&_from=R40&_sacat=0&LH_Complete=1&_nkw=casascius+silver&LH_Complete=1&LH_Sold=1&rt=nc
Granted btc price is >$100 now, but the premium on these are still huge.


Keep on preaching it, no one believes you aquaman, we have seen this all before and the early adopters made out like bandits.
lol, preaching what? I said they looked cool, I would like to have one, im just stating facts based on experience.    Amateur...

Quote
Name:   AquaMan
Posts:   73
Position:   Jr. Member
Date Registered:   June 10, 2013, 01:57:40 AM

You are so experienced and trusted on this forum, I will defer to your great wisdom.
lol, keep making yourself look like an idiot. What does that mean, the date someone joined an obscure forum is the deciding factor on their intelligence and experience. Did you make a quarter million on BTC? Do you trade $10k worth of gold and silver on a weekly basis?  Well, I will check out some other post's rather than waste my time here... lol

Did you make a quarter million on Gold / Silver?  Wink
Your salty comments are taxidermized here.

Good luck with your $1,800 / oz Gold investment..
While a single BTC is surpassing $9,400 now lol Grin
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
full member
Activity: 168
Merit: 100
June 25, 2013, 03:46:36 PM
#63
I for one am excited for these coins! Can't wait to get my hands on a few Smiley
sr. member
Activity: 338
Merit: 251
June 25, 2013, 03:44:05 PM
#62
I think these coins need to be 100ltc each minimum to properly offset the cost of the metal. Having a physical coin with a material cost of $10 and a ltc value of $25 makes for a bad ratio. Judging by the markup on cassius coins I bet they will want around a $10-$20 markup to cover costs and shipping, so that puts the total cost at $50. For something that has a value of only $25 in alt currency.

If this coin was worth 100ltc then it would be worth $250+ in ltc and probably cost about $300. I don't buy ltc and I doubt I will ever buy anything other than btc. But if I feel like getting a little alt currency in the future I think a 100ltc coin would be tempting if I could buy each one for 3btc. These do look nice and I have a feeling that a 100ltc+ coin would collect well. I doubt a 10ltc coin that cost $50 would go up in value very much.

The one thing I think will be the biggest problem by far is trust. It would be too easy to sell thousands of coins and one day...poof. All the unredeemed coins are empty. I still don't even trust physical bitcoins enough to buy one. I doubt I ever will.
full member
Activity: 130
Merit: 100
June 25, 2013, 03:43:25 PM
#61
Damn, every time I see a reply in this thread I hope it's an update on how to get these things! This is a 'shut up and take my money!' if I've ever seen one. 
sr. member
Activity: 364
Merit: 250
Hash for Cash!
June 25, 2013, 03:01:55 PM
#60
Any updates on who will actually be selling physical LTC coins? I'd definitely like to buy some asap
full member
Activity: 145
Merit: 100
June 16, 2013, 06:17:03 PM
#59
I want one...  bad.
420
hero member
Activity: 756
Merit: 500
June 16, 2013, 06:12:44 PM
#58
I'll be looking to pick a few of these up  Grin

same
legendary
Activity: 1096
Merit: 1067
June 16, 2013, 04:11:50 PM
#57
I'll be looking to pick a few of these up  Grin
hero member
Activity: 683
Merit: 500
June 16, 2013, 04:06:57 PM
#56
They havent even started selling them yet.

Yeah, but I haven't even had mine made yet. There is about a 3 week lead time at the very least to go from a design to a product.

Profit margins are so small for this type of thing, if there's competition I'll have to lower my prices and it's not worth my time. I make $40+/hr at my day job, I'm not going to work myself silly on this project for peanuts.

I actually think I know who is making them by deducing several things because Coblee knows who it is already... this guy is on the Litecoin dev team so it would make since Coblee was aware he was making them. The guy offered to partner with me when I made my thread, but was going to make me sign a contract and pay for legal fees, etc., so I turned down his deal. I suppose maybe it is my fault, but if I partnered with everyone that asked to partner with me in this deal, I'd have 10 partners by now.

Anyways, I guess I'll just go back to being a lowly miner... life is much less stressful that way anyways. Smiley

The person is not on the Litecoin dev team and is unrelated to us. I think you should continue with your coins. Yours is really promising too. There's definitely room for more than 1 physical litecoins. I'd buy both and I'm sure many people will too. So there's no need to have a price war.
+1

It are 2 different coins, different style and materials, I'd buy them both.
full member
Activity: 224
Merit: 100
June 16, 2013, 03:25:42 PM
#55
So, without a website selling them.. What are we discussing?
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
June 16, 2013, 01:08:10 PM
#54
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

Well if casascius silver coins are any indication, you are wrong.

When those first came out, it cost about $80. About 10 bitcoins at $4 each + 1oz silver at $30 + $10 premium.
Check out how much they went for on ebay recently: http://www.ebay.com/sch/i.html?_sop=13&_from=R40&_sacat=0&LH_Complete=1&_nkw=casascius+silver&LH_Complete=1&LH_Sold=1&rt=nc
Granted btc price is >$100 now, but the premium on these are still huge.


Thats true, but his coins are collectors pieces. I don't know if any other coins would command such a premium.
hero member
Activity: 938
Merit: 1000
www.multipool.us
June 16, 2013, 01:01:41 PM
#53

I wasn't comparing them; Aquaman is talking about these like they're just silver coins with the Litecoin logo stamped on them, he doesn't appear to understand that they're preloaded with LTC.
It wasnt said they were going to be, if they are, then yes, itll be worth more, otherwise yes its just a silver coin with a logo stamped on it.

In that case they wouldn't be Physical LTC at all.  They'd just be silver coins.
hero member
Activity: 898
Merit: 1000
June 16, 2013, 11:39:56 AM
#52
Physical Litecoins... from Casascius???

hero member
Activity: 826
Merit: 500
Crypto Somnium
June 16, 2013, 02:06:55 AM
#51
I know for a fact that these physical litecoins are for real. These have been in the works for months now. No, I didn't create them, but I know the person who did.
I was expecting a full announcement from him soon and I can't wait to purchase a few.


Same
legendary
Activity: 1792
Merit: 1008
/dev/null
June 14, 2013, 02:16:00 AM
#50
Yes, they have 10 ltc behind a hologram just like the casascius coins. When it's announced, I'm sure someone will post the info here.
lurking started Tongue
donator
Activity: 1654
Merit: 1351
Creator of Litecoin. Cryptocurrency enthusiast.
June 14, 2013, 01:51:05 AM
#49
Yes, they have 10 ltc behind a hologram just like the casascius coins. When it's announced, I'm sure someone will post the info here.
member
Activity: 75
Merit: 10
June 14, 2013, 01:44:21 AM
#48
this looks good. when the redeemed litecoins make it into the physical silver market then it helps to spread litecoin!
full member
Activity: 130
Merit: 100
June 14, 2013, 01:36:53 AM
#47
When these are being sold will it be announced here or on the litecoin forums? They are way too cool to pass up. (assuming they are loaded with ltc)
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
June 14, 2013, 01:29:24 AM
#46
That little 10 litecoins written on them must be ambiguous.
newbie
Activity: 42
Merit: 0
June 14, 2013, 12:48:23 AM
#45
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = http://dvcticker.appspot.com/btc-e/10ltc/usd.png at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

You should shut up now and look at casascius.com.

If you compare brand new physical litecoins to 2011 unique and funded Casacius bitcoins, you are going to have a disappointing experience.

I wasn't comparing them; Aquaman is talking about these like they're just silver coins with the Litecoin logo stamped on them, he doesn't appear to understand that they're preloaded with LTC.
It wasnt said they were going to be, if they are, then yes, itll be worth more, otherwise yes its just a silver coin with a logo stamped on it.
hero member
Activity: 938
Merit: 1000
www.multipool.us
June 14, 2013, 12:22:39 AM
#44
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

You should shut up now and look at casascius.com.

If you compare brand new physical litecoins to 2011 unique and funded Casacius bitcoins, you are going to have a disappointing experience.

I wasn't comparing them; Aquaman is talking about these like they're just silver coins with the Litecoin logo stamped on them, he doesn't appear to understand that they're preloaded with LTC.
newbie
Activity: 42
Merit: 0
June 13, 2013, 06:20:25 PM
#43
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = http://dvcticker.appspot.com/btc-e/10ltc/usd.png at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

Well if casascius silver coins are any indication, you are wrong.

When those first came out, it cost about $80. About 10 bitcoins at $4 each + 1oz silver at $30 + $10 premium.
Check out how much they went for on ebay recently: http://www.ebay.com/sch/i.html?_sop=13&_from=R40&_sacat=0&LH_Complete=1&_nkw=casascius+silver&LH_Complete=1&LH_Sold=1&rt=nc
Granted btc price is >$100 now, but the premium on these are still huge.


Keep on preaching it, no one believes you aquaman, we have seen this all before and the early adopters made out like bandits.
lol, preaching what? I said they looked cool, I would like to have one, im just stating facts based on experience.    Amateur...

Quote
Name:   AquaMan
Posts:   73
Position:   Jr. Member
Date Registered:   June 10, 2013, 01:57:40 AM

You are so experienced and trusted on this forum, I will defer to your great wisdom.
lol, keep making yourself look like an idiot. What does that mean, the date someone joined an obscure forum is the deciding factor on their intelligence and experience. Did you make a quarter million on BTC? Do you trade $10k worth of gold and silver on a weekly basis?  Well, I will check out some other post's rather than waste my time here... lol
newbie
Activity: 42
Merit: 0
June 13, 2013, 06:17:23 PM
#42
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = http://dvcticker.appspot.com/btc-e/10ltc/usd.png at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

Well if casascius silver coins are any indication, you are wrong.

When those first came out, it cost about $80. About 10 bitcoins at $4 each + 1oz silver at $30 + $10 premium.
Check out how much they went for on ebay recently: http://www.ebay.com/sch/i.html?_sop=13&_from=R40&_sacat=0&LH_Complete=1&_nkw=casascius+silver&LH_Complete=1&LH_Sold=1&rt=nc
Granted btc price is >$100 now, but the premium on these are still huge.

Yes, because its all still brand new... People who invest, or rather, people experienced and good at investing, do it for the long term, not a year or two... of course they are expensive now, but give it some time..
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
June 13, 2013, 06:17:01 PM
#41
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

Well if casascius silver coins are any indication, you are wrong.

When those first came out, it cost about $80. About 10 bitcoins at $4 each + 1oz silver at $30 + $10 premium.
Check out how much they went for on ebay recently: http://www.ebay.com/sch/i.html?_sop=13&_from=R40&_sacat=0&LH_Complete=1&_nkw=casascius+silver&LH_Complete=1&LH_Sold=1&rt=nc
Granted btc price is >$100 now, but the premium on these are still huge.


Keep on preaching it, no one believes you aquaman, we have seen this all before and the early adopters made out like bandits.
lol, preaching what? I said they looked cool, I would like to have one, im just stating facts based on experience.    Amateur...

Quote
Name:   AquaMan
Posts:   73
Position:   Jr. Member
Date Registered:   June 10, 2013, 01:57:40 AM

You are so experienced and trusted on this forum, I will defer to your great wisdom.
newbie
Activity: 42
Merit: 0
June 13, 2013, 06:07:20 PM
#40
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = http://dvcticker.appspot.com/btc-e/10ltc/usd.png at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

Well if casascius silver coins are any indication, you are wrong.

When those first came out, it cost about $80. About 10 bitcoins at $4 each + 1oz silver at $30 + $10 premium.
Check out how much they went for on ebay recently: http://www.ebay.com/sch/i.html?_sop=13&_from=R40&_sacat=0&LH_Complete=1&_nkw=casascius+silver&LH_Complete=1&LH_Sold=1&rt=nc
Granted btc price is >$100 now, but the premium on these are still huge.


Keep on preaching it, no one believes you aquaman, we have seen this all before and the early adopters made out like bandits.
lol, preaching what? I said they looked cool, I would like to have one, im just stating facts based on experience.    Amateur...
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
June 13, 2013, 06:02:31 PM
#39
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

Well if casascius silver coins are any indication, you are wrong.

When those first came out, it cost about $80. About 10 bitcoins at $4 each + 1oz silver at $30 + $10 premium.
Check out how much they went for on ebay recently: http://www.ebay.com/sch/i.html?_sop=13&_from=R40&_sacat=0&LH_Complete=1&_nkw=casascius+silver&LH_Complete=1&LH_Sold=1&rt=nc
Granted btc price is >$100 now, but the premium on these are still huge.


Keep on preaching it, no one believes you aquaman, we have seen this all before and the early adopters made out like bandits.
newbie
Activity: 42
Merit: 0
June 13, 2013, 05:30:51 PM
#38
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = http://dvcticker.appspot.com/btc-e/10ltc/usd.png at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

You should shut up now and look at casascius.com.
And.... dosent mean people are buying... They are cool, im just saying, your paying premium, anytime you pay premium on something there a huge risk youll never get that back. Makes more sense to invest more in bitcoins flat out.
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
June 13, 2013, 05:18:15 PM
#37
I would buy one Smiley

edit: I also want to have a silver 0.1 BTC from Casascius Wink
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
June 13, 2013, 07:30:41 AM
#36
looks really nice and precious! would buy some of these
vip
Activity: 756
Merit: 503
June 13, 2013, 04:38:21 AM
#35
It's funny that when I'm thinking about making physical BTC and LTC the forum get filled with potential competion. I will work on something else instead.  Cheesy
legendary
Activity: 1148
Merit: 1001
June 13, 2013, 04:33:21 AM
#34
I found this on image search and saved it to my pc, but cant find the link again.



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legendary
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June 13, 2013, 04:28:04 AM
#33
Well these really looks awesome, anyone selling them?
420
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June 13, 2013, 04:22:33 AM
#32
who made it
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June 12, 2013, 10:22:27 PM
#31
They havent even started selling them yet.

Yeah, but I haven't even had mine made yet. There is about a 3 week lead time at the very least to go from a design to a product.

Profit margins are so small for this type of thing, if there's competition I'll have to lower my prices and it's not worth my time. I make $40+/hr at my day job, I'm not going to work myself silly on this project for peanuts.

I actually think I know who is making them by deducing several things because Coblee knows who it is already... this guy is on the Litecoin dev team so it would make since Coblee was aware he was making them. The guy offered to partner with me when I made my thread, but was going to make me sign a contract and pay for legal fees, etc., so I turned down his deal. I suppose maybe it is my fault, but if I partnered with everyone that asked to partner with me in this deal, I'd have 10 partners by now.

Anyways, I guess I'll just go back to being a lowly miner... life is much less stressful that way anyways. Smiley

The person is not on the Litecoin dev team and is unrelated to us. I think you should continue with your coins. Yours is really promising too. There's definitely room for more than 1 physical litecoins. I'd buy both and I'm sure many people will too. So there's no need to have a price war.
sr. member
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June 12, 2013, 08:05:37 PM
#30
So let's say you buy one @ $40. $20 of that is ltc value the rest is the silver, cost and profit for the minter. 

If one physical coin ..= ltc value for 10ltc ..+ silver value no matter what's done your investment is still solid.  Even if you spent the ltc you could sit on the coin or trade it at market value.
legendary
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June 12, 2013, 06:59:06 PM
#29
They havent even started selling them yet.

Yeah, but I haven't even had mine made yet. There is about a 3 week lead time at the very least to go from a design to a product.

Profit margins are so small for this type of thing, if there's competition I'll have to lower my prices and it's not worth my time. I make $40+/hr at my day job, I'm not going to work myself silly on this project for peanuts.

I actually think I know who is making them by deducing several things because Coblee knows who it is already... this guy is on the Litecoin dev team so it would make since Coblee was aware he was making them. The guy offered to partner with me when I made my thread, but was going to make me sign a contract and pay for legal fees, etc., so I turned down his deal. I suppose maybe it is my fault, but if I partnered with everyone that asked to partner with me in this deal, I'd have 10 partners by now.

Anyways, I guess I'll just go back to being a lowly miner... life is much less stressful that way anyways. Smiley
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June 12, 2013, 06:44:36 PM
#28
They havent even started selling them yet.
legendary
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June 12, 2013, 06:29:09 PM
#27
Looks like I have competition.

I don't want to get in a bidding war with another physical Litecoin company, so I think I'll just bow out gracefully.

Perhaps I shouldn't of posted my idea here on the forums for anyone to steal... oh well, you live and you learn.
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June 12, 2013, 06:13:02 PM
#26
If they are solid I dont see why this wont be huge.
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June 12, 2013, 05:47:25 PM
#25
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

You should shut up now and look at casascius.com.

If you compare brand new physical litecoins to 2011 unique and funded Casacius bitcoins, you are going to have a disappointing experience.
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June 12, 2013, 05:32:00 PM
#24
Hope one will be able to purchase them for LTC, not USD  Grin
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June 12, 2013, 05:21:25 PM
#23
I think some people missed the part where it's also a pre-loaded wallet with 10 LTC on it. You can open it up, withdraw 10 LTC, then sell the 0.5oz of silver. The "10 LTC" written on it is just telling you what it contains, not an attempt to fix a value on the coin.
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June 12, 2013, 04:10:53 PM
#22
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

You should shut up now and look at casascius.com.
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June 12, 2013, 04:02:11 PM
#21
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...

Well if casascius silver coins are any indication, you are wrong.

When those first came out, it cost about $80. About 10 bitcoins at $4 each + 1oz silver at $30 + $10 premium.
Check out how much they went for on ebay recently: http://www.ebay.com/sch/i.html?_sop=13&_from=R40&_sacat=0&LH_Complete=1&_nkw=casascius+silver&LH_Complete=1&LH_Sold=1&rt=nc
Granted btc price is >$100 now, but the premium on these are still huge.
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June 12, 2013, 02:36:29 PM
#20
These are worth the same as any other product or service is worth; what the merchant is willing to sell them for and what the market will pay for them. Personally, I think they look pretty cool and may be persuaded to trade some BTC/LTC for some, depending upon the selling price.

newbie
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June 12, 2013, 02:30:52 PM
#19
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = http://dvcticker.appspot.com/btc-e/10ltc/usd.png at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
Yea but when you go to sell them no one is going to pay that premium you spent, so your losing money on them.. They are strictly souvenir coins. A big enough company puts any design on a coin they want and sell them for pennies above spot... apmex.com  -  providentmetals.com  - I am a gold and silver investor, I never buy anything with a premium, because your just losing money on it, but thats just me...
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June 12, 2013, 02:27:36 PM
#18
Personally I wouldnt wear it at all, but I know others who would. And other coins dont have the L on it Tongue
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June 12, 2013, 02:25:29 PM
#17
I would pay more than that for one. Even just as a souvenir, but I know of several people that would drill a hole and make a necklace and would probably pay ~100$ for it.

Why not just buy a generic silver coin for $20 and drill a hole in it yourself?
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June 12, 2013, 02:21:30 PM
#16
I would pay more than that for one. Even just as a souvenir, but I know of several people that would drill a hole and make a necklace and would probably pay ~100$ for it.
sr. member
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June 12, 2013, 02:17:47 PM
#15
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.

I'm assuming that these will each be loaded with the private key to 10 LTC - like the Casascius Bitcoins. So $10.90 plus $23.79 plus premium to cover manufacturing costs and some profit for the guy making them. Gotta be looking at around 40 bucks each.
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June 12, 2013, 02:09:14 PM
#14
I guess they didnt cost anything to make then. Or have any collectors value.
newbie
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June 12, 2013, 01:59:11 PM
#13
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = http://dvcticker.appspot.com/btc-e/10ltc/usd.png at least. Not sure where you get $10.
Current price of silver is $21.81 oz, So that half oz coin is worth $10.90, it dosent matter what it says on it, you can put anything you want on a silver coin, its easy to do and it dosent make it worth anymore, silver is silver. It would be stupid to pay $20 or $30 for a $10 piece of silver.
member
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June 12, 2013, 01:56:55 PM
#12
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.

And that means litecoin would go up in value and it would now be backed by silver... totally negating the concept of digital currency...
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June 12, 2013, 01:55:14 PM
#11
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -

If its current rate of 10 LTC = at least. Not sure where you get $10.
newbie
Activity: 42
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June 12, 2013, 01:49:47 PM
#10
Looks nice, but if so, that 1/2 oz silver 10 LiteCoin round is still only worth 1/2 oz silver, about $10 -
sr. member
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June 12, 2013, 01:46:20 PM
#9
Awesome. Not sure if the "very expensive high security tamper proof hologram to secure each private key" method is practical...
sr. member
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June 12, 2013, 01:00:38 PM
#8
I want some!

I was torn between buying more Litecoins and buying more silver. Now I can do both.  Smiley
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June 12, 2013, 12:58:31 PM
#7
I know for a fact that these physical litecoins are for real. These have been in the works for months now. No, I didn't create them, but I know the person who did.
I was expecting a full announcement from him soon and I can't wait to purchase a few.
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June 12, 2013, 12:57:26 PM
#6
nice Smiley
legendary
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June 12, 2013, 12:49:03 PM
#5
amazing!
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June 12, 2013, 12:47:37 PM
#4
so shiney
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June 12, 2013, 12:03:09 PM
#3
I just realized it says silver on it!
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June 12, 2013, 12:01:45 PM
#2
They sure do!
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June 12, 2013, 11:49:31 AM
#1
I found this on image search and saved it to my pc, but cant find the link again.

https://i.imgur.com/RY4Hv0n.jpg
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