🚨 Casasius100 BTC Bar – A big wave in the world of Bitcoin collectibles!
🔸 A self-proclaimed collector “John Galt” has officially redeemed a Casascius 100 BTC (purchased in 2012 for $500), receiving about $10 million when BTC surpassed the $100K mark – a profit of ~2 000 000%.
🔸 Casascius – a physical coin with a wallet, private key code hidden under a hologram – was produced by Mike Caldwell from 2011 to 2013, and ceased after FinCEN identified it as related to “money transfer services” cryptorank.io+6cryptoslate.com+6ainvest.com+6.
🔸 Currently, nearly 18 000 collectibles have yet to be redeemed, including at least 35 sealed 100 BTC bars – their value lies not only in BTC but also in their historical significance and rarity.
🔍 Market & community reaction: on Reddit, users commented:
“That is the real legend. He did not sell anything.”
and many praised the idea of “splitting BTC for increased security.” The process of receiving the security code revealed a mini-seed, causing the bar owner to lose a BCH fork worth ~$50 k.
📌 In summary: The “redeem 100 BTC Casascius” event is not just a personal matter but also reflects a strong wave of interest in Bitcoin items among collectors – it embodies both #CryptoHistory and long-term investment/holding. The original bar still retains extremely high value due to its rarity and history.
#Bitcoin #Casascius #CryptoCollectibles #OnChain #BinanceSquare