Modern Vespa

I hope everyone has funded their Bitcoin wallets. As promised, I am liquidating some of the few remaining MV Limited Edition patches that I have. I'm even dipping into the Official MV Archives to round out the offerings a bit.

How This Works
I am accepting Bitcoin for these. Nothing else. No cash, no checks, no PayPal, no DogeCoin. Just BTC. If you have it, then you score.

The list of available patches is below. If you want to buy one, PM me with your name and shipping address to claim it and I will give you back a Bitcoin address to send payment to. Once I see that the address has received funding, the patch is considered yours and I will ship it out to you.

If the BTC doesn't arrive at that address within 12 hours, I will re-offer that patch here in this post. If you want something that is currently marked claimed, check back every few hours to see if it has become available again.

Each item has the individual patch number next to the listing, showing which number this patch was in the sequence of 50. If you want a specific patch with a specific number, then say so. If you just want one of the patches in that edition, then say so. You have a better chance of getting A patch than a specific number patch. It's up to you.

Two Patches Per Person!

Price: 0.04 BTC
I'm setting the price based on today's BTC exchange rate. I'm actually setting it a little bit lower than the $25 equivalent (which is what these patches originally went for) just to get a relatively round number.




There are two available.

Item IT-1 (Patch #45) SOLD
Item IT-2 (Patch #46) SOLD




There are three available.

Item PI-1 (Patch #39)
Item PI-2 (Patch #43)
Item PI-3 (Patch #50)




There are three available.

Item W-1 (Patch #45) SOLD
Item W-2 (Patch #46)
Item W-3 (Patch #50)




There are four available.

Item 33-1 (Patch #44) SOLD
Item 33-2 (Patch #45)
Item 33-3 (Patch #46)
Item 33-3 (Patch #50)




There are three available.

Item AR-1 (Patch #28) SOLD
Item AR-2 (Patch #34)
Item AR-3 (Patch #27)

The first patch (an MV Italia patch, natch) has been claimed. I'm currently waiting for the Bitcoin address to be funded.

just went to buy a bit coin
$627.00

Jess does the patch come with a jacket and pants?
or am I doing something wrong

I want a "33" patch

That's just $25.08, an 8 cent markup on original release. I figure it's worth at least $50 in street cred alone.

You don't need to buy an entire Bitcoin. But if you don't have any at this point, you'll probably find that it will take you a week or two to obtain some.

I actually set the 0.04 price when BTC was trading for under $600 (yesterday morning) so the exchange rate has pushed the price of each patch slightly past $25 now. But by tonight, it might be back down again. You just can't tell.

pm sent

The second Italia patch has been claimed and sold (i.e. the whole transaction is complete). That makes this experiment a success, even if nobody else purchases one.

The first Italia patch is unclaimed again, and available.

Unsurprisingly, sales aren't exactly brisk. I'm going to open this up to two patches per person.

i thought i would as i have another from squaretails ...... but when i had to google bitcoin n when i started to read the wiki i really dont care anymore

I claim success. I made bitza aware of Bitcoin!

No, seriously. Raising awareness of what Bitcoin is (and isn't) was the whole point of the exercise. The fact that not everyone will necessarily dive all the way in and actually use it is okay -- at least more people know what it is than before.

why though ..... really why??

It's the future.

Or not.

Not very hard to do really. Setting up a coinbase account is easy. It takes a few days for verification (similar to Paypal) and if you verify a credit card in addition to your bank account bitcoin purchases are quick. If you just verify a bank account then bitcoin purchases take 4 days.

If you don't want to involve a bank account you can just register a bitcoin wallet like Blockchain https://blockchain.info/wallet You only need an email address and a password. No identifying information. Once you set it up you get an address that you use for receiving bitcoin (like using an email address in paypal but it is a series of characters and not an email).

You can puchase bitcoins here https://cashintocoins.com/ (there is actually a link from Blockchain when you are logged into your wallet) It is a little more cumbersome but it works. Just follow the steps carefully.

There are other ways to purchase bitcoin too. All you need is a wallet or like with an address for transfer.

they said that about the minidisc....... didnt buy into that either ..... kept me vinyl

never before, has the purchasing of a scooter patch been so easy

Just think of the feeling of accomplishment. Anyone can use paypal for cripes sake.

Granted Bitcoin has an added element of difficulty for the average purchaser. With enough acceptance, of course, it will get easier and the barriers will dissolve.

I'm working on the "acceptance" part here -- spreading the word, making people aware of it, and even turning a few people into converts. That's the point of this exercise.

these accept paypal

Since you're doing everything possible to deliberately miss the point, go for it.

still wont [titled]

used a kiosk with some issues to get the bit coins

watching the AM news
the bit coin kiosk was hacked

FML

Sorry but i don't get it either, we use money to buy non money to buy stuff with?

Jess, you have raised the awareness of some about Bitcom and that is a good thing.

This is the reason I am not ready to play yet:

http://www.nbcnews.com/tech/security/website-bitcoin-exchange-mt-gox-offline-amid-theft-reports-n37896

Granted, if I was a younger gambler I would dip my toe in the pond as there is/was a chance to make some money on Bitcom's. And there still might be a chance, but I will stick with good old hard plastic money for now.

I saw the news of the theft this morning as well.

Hmmmmmm, Jess announces MV patches for sale bitcoin only, then there's a major theft of bitcoin.

Coincidence? I don't think so.

I expect all the patches to be sold in the next few hours.

Some guy in one of the articles I read had over $300,000 in mtGox and described it as "all my money". It is never a good idea to put all your eggs in any basket.

Going to be tough for bit coin to survive if they can't figure out how to control the theft.

I am going to speculate (small scale) in bitcoins but I will be storing offline.

Regarding the theft, just about anything can be stolen given enough time, effort and motivation.

But AFAIK, bitcoins can't be stripped of their identity. Unlike gold which can be melted down, recast into coins or ingots and be absolutely untraceable... Bitcoins will always carry with them their identifying information.

So yes, a metric butload of bitcoins were stolen. But my understanding is that using them (i.e. putting them back into circulation) will be a neat trick (if at all possible) for the thieves.

Now someone who actually knows something can tell me how I am completely wrong.

I don't know about wrong, but a computer programmer that runs the most widely read scooter site in the world says to buy bitcoins and then they disappear. And, I think in my very limited knowledge of programming, somebody like said programmer or 12 year kid will figure out how to make them viable again. That is what great train robberies are all about. The adventure.


But what do I know, I ride a "moped".

According to the article below, it's possible. Similar to laundering money, but just through multiple layers of bitcoin wallet transactions.

http://www.businessinsider.com/220-million-sheep-marketplace-bitcoin-theft-chase-2013-12

Wake me when the level of "acceptance" makes it as simple as PayPal.

That may be impossible.

That's my issue with bitcoins - I only ever hear about people wanting to buy them so they can sell later at a profit. I have yet to meet anyone who actually used it to buy anything, like you would with real money. The whole thing feels like a ponzi scheme to me.

Hello,
My name is stickyfrog. In addition to my MV patch purchase I also bought these earbuds for my wife. https://www.bitcoinstore.com/elexa-iblink-wlb2-earbuds.html Now you know someone who has bought something with bitcoins.

Here is another bitcoin shop http://www.bitcoinshop.us/

Overstock.com also accepts bitcoin. Probably the biggest retailer that does at the moment. Ebay is also planning on adding bitcoin.

The MtGox news is certainly bad, but everyone involved in Bitcoin saw it coming for the last year or so -- the writing was on the proverbial wall. Actually, I'll go further -- MtGox imploding is probably a good thing. Every time there's bad news about MtGox (which has been regularly for the last year -- below the threshold of mainstream media attention) the price of BTC got dragged down. It always bounces back, though -- that's the key point. And now that MtGox appears to have done themselves in, BTC will be more stable for it.

And that's what we really want here -- stability.

To the doubters: you have every reason to doubt. Bitcoin (or at least large investments in Bitcoin) is not for the faint of heart. I don't recommend anyone invest their life savings in Bitcoin at this juncture.

The patch sales will continue. This too shall pass.

That's why we're doing this experiment here with patches. And if you think it's a ponzi scheme, then don't participate. Simple. Nobody is forcing you to get involved.

Was this really necessary?

I buy and sell things with it all of the time. I try and use it for PTP transactions whenever I can. Yes I have some for trading and investing. But I always keep coin in my wallet for small purchases.

When was the last time you used gold bullion to buy anything? Its not that you can't use it, you just need to find someone who also likes to get paid with it.

for the record, me

Bitcoin made the UK National News today but not really for the best reasons...

http://www.bbc.co.uk/news/technology-26333661

http://www.bbc.co.uk/news/business-26335547