Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: iGotSpots on May 17, 2013, 07:53:39 PM



Title: Would you be interested in trading your exchange coins for precious metals?
Post by: iGotSpots on May 17, 2013, 07:53:39 PM
Does this interest anyone? Gold, silver? What would you like to see made very easy and safe to trade for?

The coins would have to be on an exchange, if my wording was weird


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: romerun on May 17, 2013, 08:05:50 PM
I would be interested to see cryptocoins in those gold shops making it easy to convert coins to cash, metal, vis versa.


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: iGotSpots on May 17, 2013, 08:08:34 PM
I mean like Bitcoin for Gold, Litecoin for Silver


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: r3animation on May 17, 2013, 08:10:17 PM
There are already and they're selling in the marketplace forum.


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: BitJohn on May 17, 2013, 08:11:13 PM
absolutely would be an awesome idea


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: AZIZ1977 on May 17, 2013, 08:13:16 PM
Goldcoins for goldbars.


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: iGotSpots on May 17, 2013, 08:16:44 PM
Goldcoins for goldbars.

They would be the smallest bars ever lol


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: iGotSpots on May 17, 2013, 08:19:04 PM
The ones in the marketplace look shady as shit. I'm talking about a legit exchange


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: R_Lem on May 17, 2013, 08:24:18 PM
There are some like amagi metals (http://www.amagimetals.com/blog/2012/12/12/amagi-metals-now-accepting-bitcoins/) that take bitcoins, but it would be awesome and a real boost to the alts if someplace took any of the other coins on an exchange. LTC, YAC, FTC etc.


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: iGotSpots on May 17, 2013, 08:32:50 PM
15 Bitcoins for an ounce of Platinum
20 Litecoins for a gram of Gold
Market price for alt-coins on exchanges for ounces or pounds of Silver

Just example numbers on current spot prices...thoughts?


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: iGotSpots on May 17, 2013, 08:33:39 PM
There are some like amagi metals (http://www.amagimetals.com/blog/2012/12/12/amagi-metals-now-accepting-bitcoins/) that take bitcoins, but it would be awesome and a real boost to the alts if someplace took any of the other coins on an exchange. LTC, YAC, FTC etc.

I wouldn't trade thousands of dollars on a wordpress site, especially when the second keyword search on it is about weed


Title: Re: Would you be interested in trading your exchange coins for precious metals?
Post by: R_Lem on May 17, 2013, 09:40:11 PM
I'm not sure what you were seeing wordpress/weed, other than the link was to amagimetals blog post about accepting bitcoins, and also it's safe to guess any site related to bitcoins is going to have keyword connections to weed, but who cares. Here's a link to the main site and some other (much less professional) ones:
http://www.amagimetals.com/   http://www.reddit.com/user/amagimetals (looks like LTC coming soon)
http://www.bullionbit.com/
https://www.wisermetals.com/
https://shiresilver.com/

Like I said though, I'd love more variety in this area especially accepting the alts. I'd likely be interested down the road, in doing business with you.
I wish you good luck in the endeavor.