Can you think of a more divisive issue?

it is to our community what abortion is to the establishment left and right.

oh wow. ive talked to him quite a bit. i didn't even know he was one of "those" guys.

well the minimum order size is 10 troy ounces and im not prepared to give away quite that much but you can buy enough to make up the difference, you can sell it on the asset exchange, or you can hold onto it and sell it later if you think the price of silver will rise faster than the price of nxt.

Environmentalists are called watermelons because they are green on the outside but red on this inside.

price just jumped 5.5% in literally 21 minutes. do you suppose this is why?

I move to officially declare the new holiday of "breath as hard and fast as you can all day" day. That'll show those watermelons who they are messing with.

bitcoin atms are popping up all over the place. this is the next step for bitcoin adoption.

can the trezor be set up in such a way to make it so that if your trezor was stolen by someone sophisticated such as a government that they wouldn't be able to get your bitcoins off of it. perhaps by requiring a very strong password to be entered pc side?

rofl, so now even indulgences can be purchased on the blockchain. please forgive me gaia for i have breathed.

its on my list of things to do. first is to perfect my technique and start pouring bars that dont have indentations in them. then ill buy a tumbler. then refining probably. then a stamping machine and stamps. then gold.

its simple actually. 1 trillion units issued. 999,999,999,891.6648 assets in the possession of account NXT-UWKJ-GFEV-AGY4-5C4YS. 1 trillion - 999,999,999,891.6648 = 108.3352. I have 108.3352 troy ounces in total liabilities.

Of course i want to do that, but i have to take this thing 1 step at a time. Right now my concern is getting the community to show enough interest to justify buying a 50 dollar tumbler not a million dollar corporation. I'm worried honestly. Right now im number 17 on the list when im the only asset (as far as i know) that actually has something real to show other than just pie in the sky promises. I'm hoping this will get better when we have more sellers competing with each other to bring prices down. There are so many things that i can do to make this project better. Some would make it a lot better for only a little bit of money, stamping machine and tumbler for example. Something like incorporating and hiring employees who can carry on my work should i die would undoubtedly make it better but at what cost? i need to do all of the things that make it better and dont cost a million dollars before i move onto things that make it better but do cost a million dollars. As for now, the risk that i should die just needs to be priced in, take it into consideration when thinking about how much you are willing to pay for an asset.

presumably because there are things that you value more highly than money in the future. i mean you do know that you are going to die someday right?

If you send me a big bar ill just put it in the safe and pull out an equivalent amount of off brand rounds so no worries. Lets try to keep it under 1000 though

im not sure if i want to do that or just have a more general brand. but yes i will definitely be getting a stamping machine and some custom stamps at some point. i really need more feedback from the community. there are soo many things that i could do to improve my business. like literally 2 dozen things that i know of already and of course i can only do one at a time so it would be great if i knew what was most important to you guys so i could put that at the top of my list.

some potential upgrades (in the order i think is most important):
buying a tumbler so that bars will come out with a mirror shine
moving into refining
having a custom 10 ounce mold made so i can start pouring 10 ounce bars
getting stamps and a stamping machine
moving into gold

a couple of reasons.

the first is that assets on the exchange lend themselves to heterogeneity. I'll give you an extreme example to illustrate the point. Imagine that i have 2 assets, copper and art. If you send me copper assets i will send you plain old copper ingots. This is good the market can price this in and people can know what they are buying. Now imagine art asset. When you send me an art asset i send you an art. Any kind of art from any artists. People would have no idea what to do with this asset and it wouldn't ever be worth very much except to some people who liked to gamble. Well all silver coins are worth different amounts of money and some people want 100 ounce bars but others would hate them. By creating a uniform heterogeneous product we get better utility out of the asset its self.

when i make my own bars i create a situation where people who buy silver from me dont have to worry about selling to a pawn shop or something. if they ever want to sell their silver than can just send the bars back to me in exchange for warehouse receipts and sell those on the asset exchange. if i sent out any kind of silver i brought in than i wouldn't be able to discriminate in this useful way.

its practice. i hope to move into refining soon and i will have to melt the silver that i refine into bars. also in the future i hope to have a stamping machine and these can have a brand. Perhaps "nxt silver bullion gateway".

With all that said. I have been considering doing just what you said. I guess my asset would consist of any off brand 1 ounce silver rounds if i did that. it would give me reasonable heterogeneity even though some brands are worth a lot more than others.

gnight guys

no it isn't melted. i would have to take a hacksaw to it and that would make a bunch of shavings, very valuable shavings. so the big bar just went in the safe and i pulled out 100 ounces of random rounds. santa clause, marry cristmass, happy birthday type rounds. I've been melting those down. If i do ever get to the point where i have to hack up that bar, ill probably have to figure out some way to make sure that i catch all of the shavings. Maybe ill sit inside a childrens swimming pool while i do it . Either way this is all so fun. I hope the community stays interested long enough for this to work.

sorry to hear that

My hope is that they will diverge from spot and my price can become a better indicator . Hey i can dream right.

you have to understand that with something like bitcoin network security is payed for through inflation in addition to transaction fees. with nxt its only transaction fees and no inflation. so while nxt does offer more security than bitcoin at a MUCH lower price, the price is less hidden.