9-year-old’ Casascius ‘ bitcoins sold at price hike

In early 2010, a Bitcointalk user named “Casascius”, whose real name is Mike Caldwell, began creating physical Bitcoins with real Bitcoin in them. Each piece contained a hidden “private key” under the hologram. In addition, the first 8 characters of the corresponding Bitcoin address are written on each coin.

The items, mostly created for collectibles and gifts, were on sale by November 2013. Casascius Bitcoins 0.1, 0.5, 1, 10, 25, 100 and there were different versions with 1000 Bitcoin.

Mike Caldwell, Reuters

As time went on, Casascius Bitcoins became increasingly valuable. One of them even went on sale for $ 99,000 on eBay last year.

Number of Casascius Bitcoins opened up by price rise
As the price of Bitcoin reached peak levels, there was an increase in the number of Casascius Bitcoins opened. On November 26, one of these 25 BTC collectible items, which had not been touched since 2011, was sold. The next day, a Casascius Bitcoin worth 1 BTC was disposed of, while another 25 BTC Casascius Bitcoin created in 2012 broke down on 1 December. It was created in 2013.

The number of Casascius Bitcoins opened outstrips those that have not yet been unlocked, according to Casasciustracker, which tracks the movements of Casascius Bitcoins. Recent data shows that Casascius Bitcoin, worth about 46 thousand BTC to date, has been cashed in the amount of 45,300 BTC that has not yet been opened.

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