$2 Billion Worth of Unpeeled Casascius Physical Bitcoins: There’s Less Than 2...
While bitcoin continues to become more scarce every day, the most popular set of physical bitcoins, crafted by Mike Caldwell from 2011 to 2013, have become far scarcer than their digital counterparts. As of September 18, 2021, there are now less than 20,000 active bitcoins from the Casascius physical bitcoin collection. Casascius Physical Bitcoin Collection Grows Scarcer Bitcoin has become a well-known technology and in the early years a number of people and companies deployed concepts called “physical bitcoins.” Essentially, a group or individual would fabricate a coin with....
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Since September 18, 2021, close to 250 Casascius physical bitcoins were redeemed over the last 198 days. On that day six months ago, there were 19,920 Casascius physical bitcoins left active and today, there are approximately 19,676 left to peel.
19,676 Casascius Physical Bitcoins Left to Peel
During the last six months, approximately 244 Casascius physical bitcoins were redeemed for their digital value. The Casascius physical bitcoin collection created by Mike Caldwell is one of the most popular physical BTC collections. The rare coins are often sold for more than the digital....
With the Christmas holidays upon us, we are all opening up our presents and spending time with loved ones. Some of us will even receive cash as a gift, which we can use to treat ourselves to something nice. So why not purchase the only Casascius coin to be produced this year, and commemorate the St. Petersburg Bitcoin Bowl at the same time? For those of you who are unfamiliar with the name Casascius, allow me to give you a brief introduction. Casascius is a well-established brand of physical Bitcoins, created by Mike Caldwell. The first Casascius physical Bitcoin was created in 2011 and....
On November 30, 2020, bitcoin crossed an all-time price high on a few global exchanges and between spot and derivatives markets there’s been a lot of action. One metric people didn’t notice was the fact that November 2020 saw the most number of redeemed Casascius physical bitcoins in three years. Approximately 92 coins were peeled throughout the last 30 days and there are only 20,686 Casascius physical bitcoins left active. In the bitcoin world, there are a number of coins that hold numismatic value, which means the bitcoin could be worth more than the spot market value of the....
A Casascius coin is the name of a certain type of physical - rather than purely digital -- bitcoin. Mike Caldwell, a resident of Sandy, Utah, in the US, first introduced physical bitcoins for purchase in 2011. He coined the name "Casascius" from an acronym for "call a spade a spade." Caldwell posts updates about his coins on the blog, "Casascius: You asked for change, I gave you coins." How does a Casascius work? Each coin holds the key to the digital value assigned to a particular bitcoin account. Though the coins are designed to reflect the relative worth of an account, they're actually....
Given the electronic nature of digital currencies, physical bitcoins may seem to be a paradox – yet the market remains a thriving niche for collectors and enthusiasts. Indeed, the purpose of owning physical bitcoins varies. While some use the coins to create a dialogue about cryptocurrency, others want to be able to hold and collect what they see as an actual piece of the technology's history. But not all physical bitcoins are created equal, and none may be more prized among collectors than the creations of Kialara, a project that has set itself apart for intricate designs that may look....