The Bitcoin Whispers: $424 Million and Numismatic Value
The Bitcoin Whispers: $424 Million and Numismatic Value
Casascius 1000 BTC gold coin - Bitcoin Wiki
How Bitcoin Allows Cloudbet to Offer the Fairest Odds in
Casascius | Bitcoin News
Casascius Coins are Most Expensive Bitcoins Ever Made
It's my cake day! I'm ready to celebrate by sharing with some new bitcoiners!
Giveaway Status: Tips have been distributed. I'm out! Sorry! I'm interested in giving some bitcoin to redditors who have never used it before... There are 4 ways to win cakeday prizes:The giveaway has concluded. 1.
Have a reddit account at least 1 year old.
Have at least 1000 combined comment + submission karma
Post a screengrab of your new changetip account showing that you haven't given or received tips. (Be sure to redact any personal info, but your username must be included!) Here is an example of what your screenshot should look like.
Post your submission in a comment and I'll tip you a dollar for every year of reddit you have.
Comment here wishing me a happy cakeday in your own words for a tip between 100 and 1000 bits.
Go to another reddit to tell people about the cakeday prize and post a link back here. Places like /beermoney or /millionairemakers are good suggestions, but be creative. Tips between 1000 and 2500 bits.
Post a picture of yourself wishing me a happy cake day (usually a notecard is fine)... between 1000 and 2500 bits.
I'm leaving the house to go sledding. I won't be responding for an hour or two. Please don't flip out if I don't tip immediately.
I have .21 BTC (about $50 USD) to tip. Tips will not exceed this.
I have the final say in who gets what. If you'll be butthurt because I didn't tip you, then just move along. If I change my mind or get hit by a bus you ought to be happy with your contribution regardless of a tip.
I reserve the right to change the terms of this giveaway at any time for any reason.
I will update the thread if any terms change.
Each user can probably only claim one tip.
Origin Story: A couple of people have asked who I am that I can afford to be generous with bitcoin. Maybe my username makes it a bit mysterious. I got hooked on bitcoin the first time I saw a mention of it on April 19, 2011. I did some GPU mining and eventually sold or gave away most of my coins in the form of Casascius coins that same year. When BFL announced ASIC miners, I spent all of my remaining coins on BFL ASICS and more or less lost everything. I currently hold fewer coins than anyone would guess. Regardless of my personal experience I am a technophile and I believe bitcoin will revolutionize the world (in time). I realize I'm not going to be rich when this happens, but it's enough to be a part of it - and I want others to join me on this exciting ride. I chose the "secret_bitcoin_login" username two years ago because I was alienating a lot of my regular reddit friends by ranting on and on about bitcoin - setting up this account helped me to containerize my thoughts and talk about bitcoin as much as I wanted to. I believe in strong and positive community, so I spend a lot of my time sharing and encouraging others. The $50 I am sharing today isn't "free money", it's part of my earned wages that I used to buy bitcoin from coinbase to share with you all.
Hi Departments of Financial Services, Here is the proposed Virtual Currency Regulator Application
In developing this regulatory framework, we have sought to strike an appropriate balance that helps protect individuals, consumers, businesses, services, and innovators, while rooting out unscrupulous and over-reaching regulatory activity. These regulations include provisions to help safeguard customer assets, protect against unwarranted account freezes or seizures, and prevent the regulatory abuse of virtual currencies from unethical activity, such as widespread warrantless monitoring, disclosure of private information, dictation as to how users engaged in P2P or non-fiat transfers can spend their money, and scapegoating. We recognize that not everyone in the regulatory community will be pleased about the prospect of what could be seen as a barrier to their regulatory authority. Ultimately, though, we believe that setting up common sense rules of the road is vital to the long-term future of the virtual currency industry, as well as the safety and soundness of customer assets. (We think the situation in New York, for example, made that very clear.) Moreover, given that P2P decentralized networks are stateless, headless, community consensus driven bodies, we also have a moral obligation to move forward on this framework. Entities are considered "interested in regulating virtual currencies" if:
They draft ad hoc proposals outlining the centralized control of bitcoin transfers, this includes areas concerned with bitcoin tipping (changetip), mixers, Blockchain.info Send Shared, CoinJoin, Dark Wallet
They desire vicarious control of, information related to, and ability to seize Bitcoins residing in online wallet services. This includes Mining pools, Coinbase, Circle, Greenaddress.it, all exchanges.
They show wanton disregard for distinctions between individuals who wish to sell portions of their private property, or engage in transactions which do not involve fiat at all. This includes Local Bitcoins sellers, #bitcoin-otc. FinCEN statements includes selling physical coinage (including casascius coins) also regulated.
They wish to have backdoor control of not just currently existing virtual currency, but all future software that imitates or improves upon cryptocurrency, even if it is decentralized and open source. This includes drafting laws concerning creating altcoins, and pressing criminal charges against Satoshi, should he choose not to register bitcoin as his creation.
They plan to impose extra-jurisdictional restrictions on the decentralized economies that exchange one virtual for another, sans fiat. This includes alt coin exchanges. Mintpal, Cryptsy, BTER, etc
... in a manner that would affect any current or prospective member of the human race. Entities "interested in regulating virtual currencies" must:
Perform and publish public records pertaining to their personal history including a criminal background check, mandatory drug test, collection of personal, business, and non-business receipts generated within the past 10 years by any payment mechanism that authorized USD transfer to another party or as a gift from personal and corporate accounts. Verification of government issued Photo ID and proof of address, and high school yearbook photos grades 9-12.
Divulge all transaction logs for 10 years, including real name & physical addresses of ALL parties involved in transactions that were receiving or sending funds and/or assets in relation to the regulator.
Submit financial, tax, and spending history of all transactions over the BTC value of $0, and allow the community 90 day period to review and file Suspicious Activity Reports if necessary.
Maintain a term-limited government position granted via election only and one that does not derive power from position of appointment, ascendancy, relation, or entitlement.
Retain personal earnings and profits only in bitcoin for a period of not less than 5 years. Applicants who are discovered to have abandoned their hodlings prior to this term are subject to fail this and all future virtual currency regulatory attempts.
Pay a fee that shall not be construed in any way as a bribe to the bitcoin community at large in annual amounts the size of which is determined relative to the broadness, scope, and impact of the proposed regulations
Forfeit Bitcoins that are inactive for over 5 years to 1BitcoinEaterAddressDontSendf59kuE, or another suitable bitcoin charity.
Not obfuscate any language, wording, intention, aspect of, consequence in part or whole, proceeding, fee, fine, cost, inspiration for, irregularity of, legality of, reason for, source of, or implication of proposed regulations.
As the first decentralized community to put forward specially tailored rules for virtual currency regulators – continued public feedback will be an important part of finalizing this regulatory framework. We look forward to carefully and thoughtfully reviewing public comments on our proposal.
There is a 30 day comment period for the current Bitlicense proposal. Unless there are substantial changes, New York will be a Bitcoin dead zone
The 30 day comment period starts next week. Bitlicense, as proposed will force most companies that store customer BTC deposits to block New York IP addresses. There is very little chance that Lawsky will make any further changes to it, so what will this mean for Bitcoin around the world? EDIT, as a reminder: This is how the Bitlicense will affect Bitcoin businesses, taken from here: http://www.reddit.com/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cizyqyz (I've added modifications in light of changes in the new proposal and information that I found was missing in the original write-up) Entities are considered dealing in virtual currencies if:
They transfer Bitcoins on behalf of one person. This includes Bitcoin tipping (changetip), mixers, Blockchain.info Send Shared, CoinJoin, Dark Wallet(200.2n1)
They hold or have control over Bitcoins for their users. This includes Mining pools, Coinbase, Circle, Greenaddress.it, all exchanges. (200.2n2)
They buy or sell Bitcoins as a business activity. This includes Local Bitcoins sellers, #bitcoin-otc. FinCEN statements includes selling physical coinage (including casascius coins) also regulated. (200.2n3)
They create a virtual currency, even if it is decentralized. This includes creating altcoins. In fact, Satoshi would have commited a crime creating Bitcoin without registration. (200.2n5)
They trade any virtual currency, even for another virtual currency. This includes alt coin exchanges. Mintpal, Cryptsy, BTER, etc(200.2n4)
.. to any resident in New York. Web services, even those incorporated overseas, must either comply or block access for NY users. (200.2n) Entities 'dealing in virtual currency' must:
Perform AML and collect identities, including verification of government issued Photo ID and proof of address, and retain these information for 10 7 years. (200.15a). Verification of identity required for any accountholder that initiates transaction with a value over $3,000.
Retain all transaction logs for 10 7 years, including real name & physical addresses of ALL parties of a transactionaccount holders- yes, including whoever you are sending to.(200.12a1)
Report all transactions over the USD value of $3000 $10,000, and file Suspicious Activity Reports. (200.15g4)
Maintain collateral in the form of USDhigh quality, highly liquid, investment-grade assets, including collateral for Bitcoin balances. The % as collateral is unspecified.
Retained earnings and profits of in invested in US dollars. They may not keep any profit in Bitcoin.(200.8b)
Forfeit Bitcoins that are inactive for over 5 years to the State of New York - (200.12c)
Not obfuscate any transactions - Bitcoin mixing would be illegal. (200.15f)
Must get prior written approvalfor any plan or proposal to introduce or offer a new product, service, or activity, orto make a material change to an existing product, service, or activityfrom the State of New York
Pay$5000 application feefor getting a Bitlicense
The (only?) good news: Merchants do not need a BitLicense to accept Bitcoin for a good or service. (200.3c2). > This post was created for general guidance, and does not constitute legal advice. You should not act upon the information contained in this publication without obtaining specific advice from a professional. No representation or warranty (expressed or implied) is given as to the accuracy or completeness of the information contained in this post. EDIT 2, targetpro suggested expressing any concerns you may have about the proposed regs to the NY Dept. of Finan. Services:
My bitcoin value has surpassed my decade long stock account
Throwaway account because I'm revealing more than I want tied to my primary account. I'll put the TL;DR at the top. TL;DR: Apparently, I'm well off and 2 years of bitcoins are worth more than 10 years of stock market investment. I'm nearly 50 years old. A few years out of college and I just barely broke $20k salary. That was worth more than $20k today, but was still a lousy wage with college loan debt. I briefly (1.5 years) had a dotcom job at the turn of the millineum making more than I do now, but I had never had money like that before and boosted the economy instead of putting any aside. I did get some nice toys, though. Add on another 1.5 years of unemployment, living off my wife's meager salary and a few odd under-the-table jobs, and I finally landed a decent paying job again. Nothing like the dotcom days, but close. However, I'd learned we could live on much less and I wanted a cushion. I dumped tons into my 401k, my savings account and opened a Scottrade account. A little money goes each month to savings and Scottrade. Roughly ten years later, my 401k is about 3 times my annual income. The Scottrade account is about 30% of it. Two years ago, I heard about bitcoin on Slashdot. It sounded interesting. I started mining on my son's gaming machine, which meant it was only mining when my son wasn't playing games and if he remembered to start the miner when he was done. I mined solo for a few days, and quickly joined a mining pool. I was getting a bitcoin every three or four days initially. That didn't last long. I opened a MtGox account, added some cash and purchased btc almost at the height of the 2011 spike. I felt like an idiot. I bought some Casascius coins. I left my MtGox account alone. This was also around the time the 99% protests were going on. I felt very sympathetic. I remember in reading about the protests, I stumbled across a site that showed what percentage people were based on annual income. With mine and my wife's income, I was above the 90th percentile and below the 95th. I remember the horror and disbelief I felt. Througout it all, I continued mining. I got lucky during the early 2013 spike and sold some of the MtGox stuff I'd had sitting there. I also got a high end SLR camera at bitcoinstore.com almost at the peak. I was feeling pretty good. I bought a ButterflyLabs Jalapeno with bitcoins just before that first 2013 spike. I also stopped even trying to mine with a graphics card soon after that because it made no sense. I did eventually get delivery of the Jalapeno. It's earned almost .68 bitcoins. Don't ask what it cost in bitcoins, because I don't remember and I don't want to know. After realizing my MtGox profits couldn't be pulled out in dollars in any reasonable timeframe, I converted them to bitcoins and pulled them out. I got more bitcoins than I sold them for, but not by much. So, now I own bitcoins in the high 2 digits, about a third of them are still in physical Casascius coins. I only have an account on MtGox, so I have no real way of converting any of them to cash. I still have $100 sitting in the MtGox account, which I should have converted into bitcoins and pulled out long ago, but I'm frustrated by the premium bitcoins require in USD on MtGox. For nearly ten years, I've been putting money in my Scottrade account. I saw the collapse in 2008 and mostly held. I bought bank stocks at that time and made a killing. That killing was offset by the REITs I'd invested in before the crash. In ten years of regular transfers to Scottrade and investment that has gotten better as I've gotten older and more cynical, I've accumulate about 30% of my annual income. In the last few days, even with the purchase of a cool SLR and the cut involved in Casascius coin purchases, my double-digit bitcoin ownership has now surpassed my Scottrade account in value. I don't have an easy way of converting that bitcoin to USD, but I'm also not concerned about that because I think that easy methods will exist soon. I fully expect that my bitcoins will be worth less in the near future. However, I believe in the long term, they'll be worth more and that I'll have a number of easier possibilities for converting them to USD if I want to. I also believe the analogies to the early WWW are flawed. I think analogies to the IP protocol are more apt and that we've only begun to imagine the possibilities. I'm in it for the long haul. They'll either be worth nothing or much more than now. And, if I add up my electricity costs and the small investment I made during the spike in 2011, I'm still ahead of the game because I have an SLR camera that my wife would never have let me buy with cash. I'm already ahead of the game and I think the game hasn't even started. EDIT: Grammar
Gauging interest on a USA Group Buy - One Dozen Silver Physical Bitcoin Halfs (2013) 0.5 Bitcoin on 0.5 Troy Ounce of .999 Fine Silver
On casascius.com, these go for 1.9 btc plus .5 btc shipping in the USA if you order a SINGLE. Arithmetic tells me that the total cost of ordering ONE would be 2.4 btc. If we did a group buy, a DOZEN coins cost 15.6 btc. Divided, that is 1.3 btc each, and shipping about .1 btc (here I am guessing, but it really can't be more than .1 btc to ship a little coin w/in the US, can it?) I'd charge a .05 management fee on each coin for doing the organizing, ordering, re-shipping, etc. This seems to be cheaper than the management fee for other group buys I've seen on this /r (referencing this group buy, of which I was a part). Also if shipping is more than .1 btc, I'll take the rest out of my management fee (again, can shipping a coin seriously cost more that ten bucks???) So basically in a group buy, you'd get a .5 btc Casascius Silver Coin for 1.45 btc instead of 2.4 btc if you ordered a single. So again, arithmetic tells me that you'd be saving .95 btc. Right now I'm just trying to gauge interest. I am not John K Escrow, nor do I have any history of escrowing, but if interest is high enough I'd be willing to link my FB page, LinkedIn page, give you my gmail address, prove where I work (a non-profit in Seattle), etc. Whatever people needed to feel comfortable. So let me know if there's interest. I just got in on a group buy for the 1btc silver coins but the buyer was located in the UK so shipping was an extra .1 btc for the US (making total shipping .25). FYI, same link as before :-) These .5 btc silvers are more affordable that the 1 btc coins, and shipping should be cheaper if we keep it in the US. Also, I heard of another group buy for the 1btc's a little bit ago in the US, but for some reason they were more expensive than the UK buy (which is sort of why I'm here, I understand there is a premium on trustworthiness in btc forums, but I think I can give you enough info for you to trust me and not charge out the ass for it). Anyway, let me know what's up. I'm in for one .5btc coin (maybe 2), so if we can get people interested in 10-11 more, we could all save .95 btc and get some badass coins. Flip it on eBay or BitMit if you want. You're saving almost $100 USD; you can still sell it for $50 above what you paid and whoever buys it will be getting $50 off what they'd pay on casascius.com. Here's the link for the lazy or for the opposite of lazy who want to do their own math: https://www.casascius.com/ So, please let me know if you're interested and we can make this thing a "go". If we get enough interest I'll create another "official ordering" post. Questions and comments are appreciated. Thanks!
[WTT] 1x 2011 Series 2 Casascius Bitcoin for Lealana Litecoins
I would like to trade a Casascius physical bitcoin (1BTC) from 2011. It does not have the hologram error. I received this directly from Mike Caldwell in late 2011. It arrived in an anti-static bag and has remained in there, inside my safe, ever since. Here are a couple of scanned images I attempted to make (sorry, my scanner roamed in the days of dinosaurs): front and back. It is in pretty great condition as far as I can tell. The minikey code on the back is 1CASu4jE, which can be verified at http://casascius.uberbills.com/ and typing in said minikey, or looking up the full public key from https://casascius.com/fulllist.txt (in this case, it is 1CASu4jE2bazPHVukNhKkmuV1LUDwLuiZV) and looking it up at blockchain.info [link] The current conversion rate of BTC->LTC at the time of posting this is 1LTC=0.0253BTC, making it roughly 39.5LTC=1BTC. However, the USD value of these physical coins is different. Spot checking sold items on ebay, the Casascius 2011 series 2 coins have sold from $1600 on the low end to $1800 on the high (and most common) end. For the Lealana, this was a little harder to gauge. Of what has been sold, as far as I can tell, there are no Series 1 coins under completed auctions. However, the numbered Series 2 auctions that have sold have ranged from $41 (most recent) up to $100 back in January. Of what is currently listed, the Series 2 are going for $100 while the Series 1 are going for $150. However, watching over the past couple of weeks, they aren't selling at these prices. I would like a mix of series 1 and series 2 Lealana coins, however, the amount to trade will depend on how many of whatever coins are up for trade. Make an offer and I'm sure we can to some sort of agreement. I'm not sure how escrow would work in cases like this, but I am willing to do whatever you feel comfortable with. I prefer to trade with someone who has a documented good reputation. I also would like for these (on both sides) to be sent with tracking, insurance, and signature required. Thank you.
Paypal and eBay have wronged me and others. Offering reward of 1- 5 Ltc Lealana coin. Paypal banned all bitcoin and others. Even physical coins. PLUS eBay forcing to list items in "classified" category. Froze all my accounts. "Bad faith"
Offering reward of 1- 5 Ltc Lealana silver funded coin. *see below. If you don’t care about his topic, please don’t waste your time reading it and please save your comments. Help from anyone here or anyone selling bitcoin type items that has been wronged by Paypal or eBay is much appreciated. Let's get David Marcus involved in tweets or whatever necessary to fix this. I saw a post from a few days ago where a reddit member was told he couldn't sell mining equip by paypal and it looks like it stirred up enough to get resolved. http://www.reddit.com/Bitcoin/comments/1v12p4/well_done_paypal_well_done_jerks/ (also see article from wired:) http://www.wired.com/wiredenterprise/2014/01/paypal_bitcoin/ Paypal and eBay have being ruining my business and the business of others eBayers. They are operating in bad faith and bad business. They appear to be targeting established sellers with goods sales volume (and perfect feedback, go figure). Paypal banned all bitcoin and other e-currencies. Even physical coins. PLUS eBay forcing to list items in "classified" category. Froze all my accounts. "Bad faith" business by both as others continue to sell as auctions and accept paypal. Have emails to prove such. It started in Oct when Ppal said they considered sellers a "money services business", and threatened to freeze my accts if not stop using ppal for sales of bitcoin, or other e-currencies. I was selling paper wallets and physical coins. I provide insured s/h and del signature. NOT digital transfers subject to disputes. They instructed me to cancel all current listings and refund sales not yet shipped. I complied, much to dismay of buyers, and wasted a bunch of time explaining to buyers and disputing neg feedback, which all got resolved positively. I appealed to paypal compliance dept and acceptible use departments on the basis these are "physical items", not digitally delivered goods" or electronic currency. The physical metal coin is just a store of the numbers which correlate to an actual digital coin/currency. A metal coin in and of itself cannot technically be a bitcoin, it's actually a collectible. I asked for permission to at least sell the physical coins. “ 12/5/13 to compliance, aup, rswebhelp, bcc: me Hello, I need paypal's immediate assistance. BITCOIN, LITECOIN, e-CURRENCY violations. I am complying , however MY restriced use of paypal for these items in unfair and unethical business practices if OTHERS CONTINUE TO BE ALLOWED to violate your policy with no consequences. My account was restricted a few weeks ago and I have complied and since had it restored, I was informed you are working on the situation for prohibiting sellers who sell bitcoins, litecoins, or other e-currencies from accepting paypal as payment. Per an email from ppal support, I was OFFICIALLY told in writing these items were not permitted and was asked to even report the items if seen on ebay. There CURRENTLY are upwards of 1000 LISTINGS IN VIOLATION on ebay right now in related categories. MY LISTINGS WILL NOT sell as well or at all if I cannot accept paypal and others can. I just had a couple listings close with no bids that otherwise would have sold. THIS IS UNFAIR. I will happily forward you listing numbers on ebay in violation, however a simple search for: bitcoin litecoin brings up hundreds and hundreds and I would assume paypal has compliance staff in place to easily accomplish this. Kindly contact and limit these sellers as well. I had to cancel out and refund over 20 transactions a few weeks ago per paypal's advice due to your policies, much to the dismay of the buyers, and if this is to be enforced and is the policy, then other sellers need to be aware of this as well. These sellers must be held to the same standards as I or any other seller is held. My credibility as a seller when stating I cannot accept paypal must also have basis and credibility, and this cannot be accomplished with other sellers having listings for the same items and accepting paypal. You urgent assistance in this matter is much appreciated. Please reply to this and update me as to your course of action in this matter. Regards, ********* “ My biggest argument to them was that if I and others are to comply, it MUST BE A LEVEL PLAYING FIELD. The ongoing,(still to this day) hundreds of listings on eBay for both digital and physical items which accept paypal as payment is blatant BS! They keep stating they are not targeting anyone and are trying to shut everyone down, but they just don't seem to do it. They even sent me a letter encouraging me to "report" listing number violations that I see, which I stated should be their job, and not a real difficult one at that, where they only have to search "bitcoin" on eBay to find all the voilators, and then click a button to send a msg to that ppal customer. I also recommended they get with eBay and have a programmer fix the payment options prompt to not offer paypal as an option. I moved forward, without a choice, and by early Dec I had been listing my items w/o ppal as option, offering skrill, propay, and bank dep/wire, and only having minor success and many cancelled sales from buyers who didn't read the listing, (which I described in detail the situation). Paypal cost me many sales and wasted a lot of my time. I thought I was in luck when paypl compliance dept finally answered my appeal on 12-8-13, and said: "Dear ****, In regards to your previous inquiry, PayPal’s Acceptable Use Policy for money service businesses does not permit our users to operate as a e-currency exchange, currency exchange or check cashing business. However, PayPal can be used to sell currency as a collectible in which sales of collectible currency cannot reach the threshold of $1,000 USD per person, per day. For further confirmation in regards to the use of PayPal for the sale of physical, collectible coins in relation to Bitcoins, you may want to submit a detailed item description so that it may be reviewed and to confirm compliance with PayPal’s Acceptable Use Policy. Sincerely, Alex PayPal Compliance Department" I read this as collectible format was ok, and the recommendation I "may" want to submit further info as that I had wasted enough time and honestly didn't want to rock the boat. Fast fwd to Jan 2, received this email, (again) : "Dear *****, We have reviewed your PayPal account and found that you have been involved in the sale of electronic media exchange (such as electronic money or digital currency). Per our current Acceptable Use Policy for Money Service Businesses, PayPal may not be used for currency exchange including the sale of Litecoin and any form of ecurrency. To continue using your PayPal account, we need some additional information from you. Please provide us with a signed and notarized affidavit stating that you understand and will comply with PayPal's terms and conditions." Also received call from compliance same day saying they warned me before and will freeze account. The agent was very rude and condescending and I had him reference the letter received giving permission to sell currency to a particular daily threshold, which he did not interpret the same way. I asked, much to his dismay, to speak with supervisor, which he finally complied after 3 or 4 requests, Supervisor was cordial at least and said they are working to shut everyone down, and gave me an “extended date, since it sounded like I had been thru the ringer”, of 1-17-14 to comply and send in affidavit. A few days later, eBay cancelled all my listings on 2 separate accounts and suspended my one account for 3 days. They now state, verbatim: "Jan 8, 2014, eBay eBay sent this message to ****** (cflow01). Your registered name is included to show this message came from eBay. Learn more about how to tell if an email is really from eBay. MC999 Listing policy violation alert: Digitally Delivered Goods Hello cflow01, After reviewing your eBay account, it appears that you have violated eBay's Digitally Delivered Goods policy. As a result, we've taken the following action on your account: - Violating listings have been removed. A list of removed items is available further down in this email. - We have credited all associated fees except for the final value fee for your listing(s). Listing digitally delivered goods outside of the Classified Ad format in the Everything Else > Informational products category is not allowed. The guidelines for digitally delivered goods help prevent feedback manipulation or artificial increases in eBay seller ratings. The guidelines also help protect members by preventing item listings that may infringe on the intellectual property rights of others. You can list most digitally delivered goods, but only if you use the Classified Ad format and list your item in the Everything Else > Information Products category. Here's more information on our policy: http://pages.ebay.com/help/policies/downloadable.html Virtual currency such as Bitcoin, Peercoin, Litecoin, and others, can only be listed in the Classified Ad format. Additionally, PayPal prohibits the transfer of funds for transactions related to virtual currency, therefore PayPal cannot be offered as a payment method for these items. If you have more questions, contact our policy experts: http://ocsnext.ebay.com/ocs/cusr?query=1387&domain=email1254 Please be sure your future listings follow these guidelines. If they don't, they may be removed, and you may be subject to a range of other actions, including restrictions of your buying and selling privileges and suspension of your account. Here are the listings that were removed: 291052195953 - Litecoin 5 Ltc .25 oz Physical Lealana Silver Coin (Not Bitcoin, PPC, Digital) 291052200502 - Litecoin 10 Ltc Physical Lealana .999 Silver Coin (Not Bitcoin, PPC,FTC,Digital) 291052372404 - Titan Physical Bitcoin btc high security (Not Casascius, Litecoin, Ftc) We appreciate your understanding. Thanks, eBay " If you note, they even state you can't use paypal. If fact, in an interview with cnet on Dec 10: http://news.cnet.com/8301-1023_3-57615080-93/paypal-president-david-marcus-bitcoin-is-good-nfc-is-bad/ Mr. Marcus, paypal president states: "I really like Bitcoin. I own bitcoins." "People are confused. They think because it's called cryptocurrency it's a currency. I don't think it is a currency. It's a store of value, a distributed ledger." How can paypal and eBay say you are selling a digital currency when the very president of Paypal states it's not even a currency? Bottom line, Paypal and eBay are in the wrong here, at least in the fact they are acting in bad faith and in bad business in targeting certain sellers and not holding everyone to the same standards. Let's get Mr. Marcus involved here. Let's hold them accountable and at least consistent in their rules. Spread the word, especially if you are one of the ones being wronged. Let's get this resolved, let's band together, let's seek legal action if need be. ( I have spoken to my friend, an attorney briefly.) *I will even give that 5 Ltc coin mentioned above to the person who helps most if we can get Paypal and eBay to see the light and allow the use of paypal or the use of standard ebay listing formats, or at least get them to guarantee in writing (and actually honor it) to make everyone follow the rules. Sorry for the long post here, but this is one of the most frustrating things I have had to deal with in a long time and they are truly hurting our credibility and ability to sell in a fair marketplace. I, like many I am sure, have a lot invested in this. Please help! Thank you in advance!
Throughout the Casascius manufacturing period, Caldwell minted coins and bars that contained 1, 10, 25, 100, and 1,000 BTC increments. It should be noted that Casascius bars and coins were made in In 2013, two out of the six coins were opened and the Bitcoins transferred out. This was during the Bitcoin rally to USD 1,000. One of these fetched USD 1 million. The remaining four owners of the golden 1,000 Bitcoin Casascius coins are holding on tight. Follow BitcoinNews.com on Twitter: @bitcoinnewscom Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap FeaturesWith over 11 Million Bitcoin.com Wallets created, we’re building new features our users need most in order to enjoy the When Bitcoin broke well over $10,000, the Casascius 1000 BTC gold coin became worth more than its weight in gold. At the time of writing, one of these coins is worth a hefty $10,622,000. So long as Bitcoin maintains a price above $10,017, Casascius’ 1000 BTC will retain its title as the most valuable physical coin in the world According to a tool created by Melik Manukyan, a network engineer, two of the owners of the coins redeemed their tokens in 2013 when Bitcoin reached its highest price so far. Last year, you could have redeemed a single coin for around $20 million USD, but no one did that. Even 1 BTC coins were sold for almost $30,000 USD last year.
verify the bitcoin balance of a casascius bitcoin token and redeeming using mtgox.com. ... Review: Denarium 1 BTC Silver Physical Bitcoin - Duration: 5:06. Chronos Crypto 6,704 views. https://tradedevils.com Join our revolutionary trading community and take your trading to the next level! Learn Elliott Wave Theory, algo analysis, Fibonacci analysis, market geometry, and more ... Make Money 10000$ Per Day With Bitcoin Without Investment Earn 1 BTC In 1 Day - Duration: 4:10. Rich Wind 908,779 views. 4:10. Language: English Location: United States BTC/USD 8 Bitcoin price prediction 2020-2025, technical analysis! Next target $19k - $39k by The Digital Investor. 1:35. ADA/BTC 1 Cardano vs Bitcoin price prediction 2020-2021, technical analysis ... En el análisis anterior, indicamos que Bitcoin iba a caer y ha ocurrido así, todavía tenemos el tp de 8400 USD sin embargo, podríamos ver un posible rebote importante antes de seguir cayendo ...