Someone Redeemed a 100 BTC Casascius Bar Worth Over $700K
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Someone Redeemed a 100 BTC Casascius Bar Worth Over $700K

THELOGICALINDIAN - In 2024 Mike Caldwell created the belled Casascius concrete bitcoin accumulating and back again the alternation of bill has become acutely admired Over the aftermost two months a agglomeration of bodies accept adored their Casascius bill and on December 23 addition bald a 100 BTC 723K Casascius bar

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2011-2024 Casascius Coins and Bars Sell for a Premium

Years ago, bodies fabricated concrete bitcoins and there’s been so abounding bogus that there’s absolutely an encyclopedia that covers the subject. These days, however, there’s not as abounding physical bitcoin manufacturers as government regulations accept stifled the industry. There are absolutely a few creators still minting loaded crypto coins, but there’s boilerplate abreast the cardinal of concrete bread makers as there was aback in the day. Casascius coins are the best accepted of all the concrete BTC banknote anytime created. Unfortunately on November 27, 2013, Caldwell had to append sales of all the items he bogus that independent agenda bitcoins. Throughout the Casascius accomplishment period, Caldwell minted bill and confined that independent 1, 10, 25, 100, and 1,000 BTC increments.

Casascius bill accept consistently been in aerial appeal and abounding accept awash for a premium, able-bodied aloft the bulk of BTC captivated on the metal. For instance, in April 2018, addition created a column on the shiresociety.com appointment affairs four 2011 Casascius bill for $10K per coin. Each of the bill awash on the website at the time independent a 1 BTC amount beneath the hologram sticker. The amount per BTC during the ages of April 2018 was about $8k so the agent added a $2K per bread premium. On July 1, 2019, a 2011 mint-condition gold Casascius bread (MS65) that captivated 1 BTC sold for $99,000 on eBay. In November 2017, a Casascius concrete bitcoin with a hologram absurdity was purchased for $50K on the online bargain site. In January 2018, addition graded MS65 Casascius sold for $28.7K on Ebay.

100 BTC Casascius Bar Peeled

This week, on December 23, an abandoned bald a 100 BTC Casascius bar currently account $723K aloof for the BTC alone. According to abstracts from casasciustracker.com, the Casascius S2-BAR-100 captivated 100 BTC and was created on February 4, 2013. In actuality on Twitter, there’s a bot that advance all the bald (redeemed) Casascius bill and bars. The bot alleged @Casasciusbot recorded the aftermost big peel, which saw a 25 BTC (S2-COIN-25) redeemed the day before.

In the aftermost 30 days, the Casasciusbot has accurate lots of bread peels mostly in increments of 1 BTC every few days. But there’s been affluence of college denominations adored as able-bodied and abounding acquire from the alternation 2 batch. The ages of November saw 27 Casascius bill bald account about 71 BTC. 11 of those adored bill were from 2013 and the blow of the pieces acquired from 2012 and 2011.

To date, there are 46,329 alive BTC larboard on bedevilled Casascius bill and bars. There’s additionally been 44,940 BTC loaded Casascius-made articles that accept been bald to date. It’s absorbing to watch the timeline of bodies case these bill and admiration why they absitively to redeem the funds now, abnormally back they ability accept added budgetary amount in the future.

What do you anticipate about the 100 BTC Casascius bar that was adored on December 23? Would you bark a Casascius bread or would you save it for a approaching date in time? Let us apperceive what you anticipate about this accountable in the comments area below.

Disclaimer: This commodity is for advisory purposes only. It is not an action or address of an action to buy or sell, or a recommendation, endorsement, or advocacy of any products, services, or companies. Neither the aggregation nor the columnist is responsible, anon or indirectly, for any accident or accident acquired or declared to be acquired by or in affiliation with the use of or assurance on any content, appurtenances or casework mentioned in this article.

Image credits: Pixabay, Shutterstock, casasciustracker.com, Wiki Commons, and Fair Use.

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