I have a physical Bitcoin, how can I exchange it for dollars
Oct 21, 2018 · There are a handful of people/companies who manufactured physical bitcoins, most notably Casascius. If you have one of these, a little tamper proof seal should cover a private key. You can then import that private key into a wallet such as electrum, and send the bitcoin to an exchange where you can trade it for fiat, which will vary by your ...
How do I cash in Physical Bitcoins? - Bitcoin Stack Exchange
Jul 30, 2024 · ¹There have also been other physical bitcoin coins made which may be more or less similar to Casascius coins, but generally, be sure not to reveal any numbers or hexadecimal strings on the coins, especially anything that is revealed by peeling or scratching off a cover.
Do physical bitcoins or altcoins actually carry value? - Bitcoin Stack ...
Apr 17, 2014 · Upvoting this answer since it mentions Casascius coins, which started the trend of physical bitcoins and are one of the most valuable physical bitcoin due to being discontinued and therefore scarce. The value of a physical bitcoin is in the trust and scarcity of them: otherwise, the value would simply be the cost of material the coin is made from.
currencies - Are there physical Bitcoin? - Bitcoin Stack Exchange
Jan 16, 2012 · I have seen several folks selling "bitcoins" on Ebay and the like - but they are made of base metal and have no real connection with the bitcoin concept other than the symbol. I'm wondering if some number of bitcoins could be permanently assigned to a coin (i'd plan on about 10 bitcoins impressed into a one ounce silver round).
I have a casascius coin - Bitcoin Stack Exchange
Sell the physical Bitcoin. Don't remove the sticker on the back. Use a website like localbitcoins to sell it to someone near you. Some people might want a physical Bitcoin, especially since they're not being made anymore. Sell the Bitcoin 'contained' within the physical coin. Peel off …
What is a physical bitcoin token? - Bitcoin Stack Exchange
Oct 10, 2022 · The closest thing to an actual physical Bitcoin token is an OpenDime or a SatsCard, both made by coinkite.com. Those allow transfer of Bitcoin from the digital space into the physical, and back. Of course, physical Bitcoin inherit the limits of the physical space. If you lose it, break it, or it's taken away, then it's gone.
Finding the address of a physical coin - Bitcoin Stack Exchange
Jun 29, 2018 · Some physical coins have an associated bitcoin value which can be redeemed if the company that issued the coins is still in business and honest. For example, Titan bitcoin say: If you ever want to spend or transfer a 2FA coin’s bitcoin value, simply peel back the coin’s security hologram and enter the redemption code on our website, along ...
Does Bitcoin have a physical equivalent like US dollars do?
May 12, 2018 · Bitcoin is only stored on the blockchain. Unlike a fiat currency, where the banknote holds inherent value (i.e., the banknote holds its own value - it does not rely on another system to say it has that value, and a $1 banknote will always maintain its value of $1).
How can one redeem a Casascius Physical Bitcoin?
May 2, 2014 · These physical coins are supposed to be worth 1 BTC each - they have a hologram and a private key that somehow gives access to a real (digital) Bitcoin. What is the process of claiming this real (digital) BTC for the physical one?
Is there any advantage to owning physical bitcoins? - Bitcoin Stack ...
Mar 29, 2013 · The title pretty much says it all? Is there a security advantage to owning physical bitcoins such as those offered by Casascius? If so is it significant enough to justify the price difference between