Coins have been shipped out.

also:
Another eagle sold

Pmed and Bump

This is an experiment that I thought might be a good idea. We all know you can't stop Smoothie from being Smoothie, so this is a dedicated thread for people that want to argue with Smoothie about whatever it is that is normally argued about, but instead of spamming up other threads, you can do it in a dedicated thread.

edit* Anyway, lets keep this as clean as possible.

Invest for the future. Silver is one of the best investments right now.

2 Eagles Sold (Paid)

Hello, I've got a few Silver coins that I'm looking to sell for BTC/LTC. I've got

(13) (11)Silver Eagles (3.8 BTC each)
(2) Silver Philharmonics (3.8 BTC Each)
(1) 2013 Canadian Antelope (4 BTC) NEW
(1) 2013 Somali Elephant (4.6 BTC) NEW
(1) 2012 Rwanda Rhino (6.3 BTC)
(1) MS70 2012 Early Release Chinese Panda (8.2 BTC)
(1) MS70 1994 Deep Cameo Kookaburra (8.2 BTC)











the non slabbed coins were taken straight from the mint tube, and placed straight into Air Tite cases using gloves, so they are in as good of condition as you could want from a non slabbed coin, with no visible flaws on any of these coins.  

Shipping will be about .2 BTC inside of the Continental U.S for a single coin and an extra .05 BTC per additional coin, I can ship out of the country, but I will have to get a separate shipping quote. If you are outside of the country, please check all of your local laws to make sure that importation of precious metals is legal, and be prepared to pay any customs imposed VATs.

In the shipping price included, I will ship via USPS priority mail, with tracking included. If you would like your package insured, I can do that as well, but I will ask that you pay the additional cost.


FUN SILVER FACTS!


Did you know that silver is approximately 4x more rare as gold?

Silver is historically 1:16 with gold, meaning that 1 oz of gold has been equivalent to 16 oz of silver, but as of now, the ratio is 1:48

95% of all of the silver ever mined has been used up in Industry, and is NOT recoverable at any cost. In 1900 there were 12 Billion Ounces of Silver mined and useable, now 112 years later, there are only 300 Million Ounces left in the world.

At Current prices, $4 Billion USD could purchase EVERY single ounce of Silver above ground in the world.

Unlike gold, silver is much more commonly used in industry from Medical, to Electrical, to Consumer goods.

The demand for Silver is quickly overtaking supply.

Bump for exclusive BTC/LTC sales now

I know the Silver Eagle is 6 Oz Troy (1/2 Troy lb) so 6 x 31.1 = 186.6 grams

Either way, the price is where it should be I believe.

You are on the right track there. There will be a total of 84 Million Litecoins, 4x as many coins as Bitcoins. And LTC are GPU, FPGA, and ASIC resistant. By GPU resistant, I mean, where GPU mining is about 20x more efficient BTC mining, it is only 10x as efficent LTC mining. This still sounds like a lot, but at that rate, CPU's are still relevant to LTC mining. FPGA and ASIC mining on the other hand is a challenge that will be very difficult for Litecoin due to hardware requirements. Litecoin mining is much more memory intensive than Bitcoins. A good GPU mining rig for BTC will be just fine with 1-2 GB of ram, whereas the same GPUs can require 4+ GB in order to mine LTC. For this reason, the onboard Ram in current FPGAs and ASICs do not have the bandwidth needed to mine LTC. In theory this can be solved, but at this point, it's very expensive if feasible at all, and just wouldn't be cost effective.

I like the analogy, Litecoins are quarters to Bitcoin's dollars. But yeah, the concept is, Litecoins were made to be less valuable, and used coincident with Bitcoins so when/if Bitcoins are billions of dollars each, or whatever people think they will become, you can use a larger more friendly fraction of a Litecoin, in place of a small fraction of a Bitcoin.

When Litecoin was first created, it wasn't used by all Bitcoin users, but the majority of them liked the idea. Now Litecoin is sort of branching off on its own, and there is now a Litecoin community forming. There is a slight resentment about that between some people now.

I believe it had to do with the fact that LTC used to be CPU only, so it wasn't competing with BTC in any way. Now that there is GPU mining for LTC, there is competition between LTC and BTC. I believe when ASICs come out, things will stable out a little more.


Just remember people, this thread is about LTC prices. Feel free to compare it to other coins to support your ideas, but lets not go too far off track and lose the point of the thread.

Hey thanks, I'm not sure if it has what I'm looking for, but maybe I'm just not looking hard enough. Anyway, from what little information that I have found so far, they seem to be around $5 each on average, some more, I haven't seen many less.

Oh! A true Romantic! Its just like Twilight!

Ryland, would you hurt yourself for my love?

I too like piglet

I'm not sure why, but the first thing I thought about when I saw BTClottery, was Blood Clots in Arteries. Just figured I'd add to the conversation.

Not pedantic, neat.

Yep, I understand and agree with the sentiment. I think diamonds are stupid in the first place, and much prefer colored stones, as those actually have a free market around them.

Anyway, lab created gold or not, I'm getting ready for $8/Oz gold 

In the case of some stones, normally there is a microscopic laser etched mark on the inside by the manufacturer. Or, if you were going for a,"how do we know everything isn't synthetic inception type of question", my response is, who is to say that everything isn't synthetic, meaning synthetic is natural?

There are synthetic stones that are 100% exact replicas of their natural versions, yet they are much cheaper. I guess my main point was, people will always value natural over synthetic, even if the two things are 100% identical.

Lets test that theory. Go to the store, get your wife a ring made with cubic zirconia instead of diamond, and see if she minds.