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Topic: What making Casascius Coins looks like (video) (Read 2677 times)

vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
January 24, 2012, 04:07:48 PM
#21
If you don't mind me asking, why is it that shipping costs $6 for one coin?

If the shipping didn't cost so much I might be more inclined to purchase one.

I am using Priority Mail Flat Rate mailers - same shipping cost regardless of number of coins.

Most people order more than one coin (and possibly for the very reason you cite - it's not as cost effective to pay that for orders of single coins).
member
Activity: 107
Merit: 10
very interesting product
newbie
Activity: 23
Merit: 0
If you don't mind me asking, why is it that shipping costs $6 for one coin?

If the shipping didn't cost so much I might be more inclined to purchase one.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
I wonder if there is any interest in coining alternate block chains like namecoin?

lol
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
I wonder if there is any interest in coining alternate block chains like namecoin?
newbie
Activity: 42
Merit: 0
Anything to the coin other than novelty?  Cheesy
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
And then you also just give away those private keys in the video to anyone with Mission Impossible Video Enhancement.  Wink

The only glitch being that the private keys are face down - what is face up is a repetition of the firstbits.

Unless of course, the equipment can zoom in so well as to see the private key through the paper.  BUt then again, the coins have a window you can see through even on a completed coin, so just do the same thing on a completed coin and you'll have hacked it!
full member
Activity: 156
Merit: 100
Firstbits: 1dithi
legendary
Activity: 1652
Merit: 1128
And then you also just give away those private keys in the video to anyone with Mission Impossible Video Enhancement.  Wink

CSI

http://www.youtube.com/watch?v=qAvUFD68NEQ
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
And then you also just give away those private keys in the video to anyone with Mission Impossible Video Enhancement.  Wink

CSI
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
And then you also just give away those private keys in the video to anyone with Mission Impossible Video Enhancement.  Wink
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Just interested how do you keep track of private/public key pair? Does the paper circles have public key on one side, private on another?

I use a database that tracks the funding status and denominations of the coins.

One simple script queues the coins for activation using a firstbits lookup. The database knows what addresses I have generated, and can auto reject typos.

Another script produces a "sendmany" script for bitcoind to actually send the BTC out (I paste it into a shell window).  Using sendmany allows for bulk funding of coins in a single transaction, cutting out complexity and transaction fees.  The full bitcoin address is pulled from the database so I never have to type any more than the firstbits.

Another script sets aside a batch of coins for later funding. This is used for international orders. When the orders arrive, I simply throw their coins into the activation queue.
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Why is casacius the only person that gets away with so many spam / ad postings on this forum?

I am essentially advertising giving away the ability and knowledge to make physical bitcoins to others, far more so than advertising to others to come buy mine.  A subject more of "open source" interest than typical ads.

I cannot satisfy the true demand for physical bitcoins making them myself, so I charge an inflated price to balance the supply and demand.  I am looking to encourage well-qualified others to make these at a profit.
hero member
Activity: 531
Merit: 505
Just interested how do you keep track of private/public key pair? Does the paper circles have public key on one side, private on another?
sr. member
Activity: 277
Merit: 250
Why is casacius the only person that gets away with so many spam / ad postings on this forum?
vip
Activity: 1386
Merit: 1140
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
May not be fun, but keep in mind I am charging about $2 for each coin
legendary
Activity: 1834
Merit: 1020
Reminds me of folding 10,000 flyers for my college prep school in Korea. That was fun.

Love your avatar, bro.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
Reminds me of folding 10,000 flyers for my college prep school in Korea. That was fun.
legendary
Activity: 1834
Merit: 1020
I'm overqualified for this job.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
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