How about just 1 BTC coins at less than 85% markup? That's ridiculous. 1 BTC isn't too much to give away, but why should I pay you 0.85 BTC to do it?
85 bitcents for low volume emission of hand-made coins, with current btc price? Not bad at all.
Topic: Would you buy a 0.1 BTC Casascius Physical Bitcoin as a giveaway? - page 5. (Read 6588 times)
November 15, 2011, 10:35:09 PM
85 bitcents for low volume emission of hand-made coins, with current btc price? Not bad at all.
November 15, 2011, 10:28:15 PM
How about just 1 BTC coins at less than 85% markup? That's ridiculous. 1 BTC isn't too much to give away, but why should I pay you 0.85 BTC to do it?
November 15, 2011, 10:27:08 PM
I think it would be interesting.
November 15, 2011, 10:21:47 PM
I ordered 1BTC coins right because of giveaway to people who I'm introducing to bitcoins. As I'm not organizing big sessions where I need to give away tens or hundreds coins, I don't care about 1BTC per coin; I appreciate that they come with some security (hologram), they looks nice and presentee knows that this coin have some value. So - no, I'm not a target audience for buying 0.1 coins...
November 15, 2011, 10:08:35 PM
Excellent idea.
Quick question. Would it make sense to print 'Not Intended For Exchange' or similar on them to make it clear they are one time use? Or would that possibly confuse uniniated recipients about their value?
Quick question. Would it make sense to print 'Not Intended For Exchange' or similar on them to make it clear they are one time use? Or would that possibly confuse uniniated recipients about their value?
November 15, 2011, 09:35:54 PM
Adding the holograms isn't so much the hard part, it's the sticking them on by hand and the security controls that have to go with it.
Way different than if I can just jam a tray of tokens into a laser engraving machine and have a batch of hundreds of them done just like microwaving a TV dinner.
Way different than if I can just jam a tray of tokens into a laser engraving machine and have a batch of hundreds of them done just like microwaving a TV dinner.
I hear you on the hand placing the holograms. Once when I was 13, I took a job at a local artisan printing press. My duty was to paint a few little spots two different colors on a little accent and the first letter of a Gaelic poem. There were 6000 of them. It was so friggin' tedious.
Out of curiosity, what additional security controls go with the holograms? I just kind of figured that a hologram made to show tampering was placed over the private key and that was that.
November 15, 2011, 09:28:02 PM
Adding the holograms isn't so much the hard part, it's the sticking them on by hand and the security controls that have to go with it.
Way different than if I can just jam a tray of tokens into a laser engraving machine and have a batch of hundreds of them done just like microwaving a TV dinner.
Way different than if I can just jam a tray of tokens into a laser engraving machine and have a batch of hundreds of them done just like microwaving a TV dinner.
November 15, 2011, 08:51:30 PM
It depends on the markup, but yes I would be intersted.
November 15, 2011, 08:48:34 PM
I think it's a really cool idea, but how much would the addition of holograms add to the price? I feel like the allure of cracking open the piggy bank, so to speak, is part of the appeal of the coins. I just think that it would make new users, particularly those who aren't too tech-savvy, feel like hackers and pique their interest some more.
November 15, 2011, 08:17:44 PM
I'd definitely buy some.
November 15, 2011, 07:36:20 PM
I also like the idea, but I think that it would be better if there was a simpler/faster way of redeeming the coin. Why don't you use the mini-key format?
+1
November 15, 2011, 07:20:50 PM
I also like the idea, but I think that it would be better if there was a simpler/faster way of redeeming the coin. Why don't you use the mini-key format?
November 15, 2011, 07:08:54 PM
I think this is a GREAT idea. This could work as a massive promotion tool for Bitcoin. If you get the price right, I might just order a large amount. I've already used the 1 BTC coins as gifts but those are not something I give to random people, only to people I know. But the 0.1 BTC coins could be used in street campaigns to get people interested.
November 15, 2011, 06:22:27 PM
What color would it be? And do you have any approximate price per roll/unit in mind? I think I'd buy a few.
November 15, 2011, 05:56:53 PM
I am considering making some sort of promotional Casascius Coin meant for people to give away. This coin would be as cheap as possible.
One idea I came up with, was to make a 0.1 BTC real physical bitcoin, but with no security. It would be colored aluminum, the front would look the same as my other coins, the back would be laser-etched with both the public key and private key in plain sight, along with the message "valid only until redeemed". There would be no hologram sticker - basically, the first person to redeem the coin gets it. It would be meant only to be given amongst trusted parties as a conversation starter - not as a serious medium of exchange.
The public key would be a QR code to facilitate easy checking of the balance. The private key would be printed in alphanumeric plaintext to make it difficult for someone to quickly redeem a large quantity of them.
The idea would be that I can manufacture these in bulk and you can order them by the roll. People who have never heard of bitcoin would probably be happy to own "some" bitcoin (even if it's a token amount). These would be machine-made, not hand-made.
One idea I came up with, was to make a 0.1 BTC real physical bitcoin, but with no security. It would be colored aluminum, the front would look the same as my other coins, the back would be laser-etched with both the public key and private key in plain sight, along with the message "valid only until redeemed". There would be no hologram sticker - basically, the first person to redeem the coin gets it. It would be meant only to be given amongst trusted parties as a conversation starter - not as a serious medium of exchange.
The public key would be a QR code to facilitate easy checking of the balance. The private key would be printed in alphanumeric plaintext to make it difficult for someone to quickly redeem a large quantity of them.
The idea would be that I can manufacture these in bulk and you can order them by the roll. People who have never heard of bitcoin would probably be happy to own "some" bitcoin (even if it's a token amount). These would be machine-made, not hand-made.
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