Thanks for the support, I will take that offer into consideration.
Hello and Welcome to the BitStone Pre-Ann. Sounds like you know a few things about the trade, and thats music to our ears. I figured there would be a few people that would actually like to talk stones.
Thanks for your questions and allow me to address some of your concerns.
I have the ability to supply just about any stone, I am offering the more common stuff in the beginning. The gems in those pictures are not $1 million worth. Most are in a safe and I took out a variety to photograph, which are being returned to the safe on Monday and additional diamonds and gems will be taken out to photograph and the pics uploaded on Tuesday.
If you are looking for paragons, I will be happy to supply as many as you need and at any size. The problem, as I am sure you are aware, is that most people will not spend that kind of money. There will be some incredibly nice stones as well as some of the less expensive stones. As for the fancy stones, I am not big on them but have a few misc. ones around. The only person that likes that little black diamond is my 19 y/o son and I may give it to him- lol. All the emeralds I have and get are from Columbia, typically Muzo. Again, I have some very clean emeralds, but the day I see a natural flawless emerald I will run away as quickly as possibly.
Lastly, I have access to the best opal through an acquaintance that deals exclusively in opal, but it isn't my thing and I currently do not have any but if a person wants it I will be happy to acquire it for them. Tourmaline, like Opal, is not something I typically purchase but I agree with you that it is hot. I personally do not want to invest that kind of money in a stone I am not interested in collecting. What I have seen on the wholesale side is that Paraiba tourmaline in an "investment grade" or Fine grade is running $8-12,000/ct in the carat size and up to $20,000-25,000/ct in the best stuff.
I think your questions are valid, and as the price of BitStone increases, so will the percentage of higher quality gems. If a gem cost $10,000 and the price of BST is $0.50 then it will take a huge chunk of BST to purchase the stone. I will have a variety of less expensive to investment grade stones available at all times in the store.
If you have any further questions or concerns, don't hesitate to post here or PM me so I can give you my cell # and we can talk further.
Thank you for the well thought out reply. Unfortunately when it comes to gemstones, I have a champagne taste but a beer budget.
LOL. I will definitely see what I can scrape together for the bitcointalk offering. This coin will be combining two of my current passions. Gemstones and crypto. I'm getting excited.
It also would be great if you consider offering mineral samples as well. Perhaps even a meteorite or two or as you can tell from my avatar, fossils! I'd love to add a trilobite with eyestalks to my collections.
Look forward to talking with you more. We should be able to acquire a few mineral samples to add to your collection.
love to deal in all crypto which has some real ppl / biz behind them to support and my guts telling me you are one of them so definately YES to your coin and GL for the future.
Thank you for the support. More updates shall be released soon.
I did not read the whole text of your announcement thread but the idea is good. You should have choosen a different algo than SHA256. It is not very energy efficient algo. Nevertheless, I'll keep an eye on the coin.
We would agree SHA256 isn't the most efficient algo, but we know there are many people with Asics looking to pull those miners out of the garage, and plug them back in for the sake of earning some BST.
I did not read the whole text of your announcement thread but the idea is good. You should have choosen a different algo than SHA256. It is not very energy efficient algo. Nevertheless, I'll keep an eye on the coin.
Mining is not energy efficient. Sha256 neither. They compliment each other.
Nothing wrong with Sha256 and lots of miners around that used to mine BTC.
+1
The Private Funding Round where 200k coins get sold by invite only sounds really shady to me. Who's to say any money changes hands, could end up being like an instamine or premine for the dev.
50 btc needs to be sold in the third round on Bittrex or it won't be a success: what does this mean for Bitcointalk investors if it fails to do that?
The Escrow Agent will return all BTC to BitcoinTalk Investors in the event the Bittrex ICO is not a success - ( meaning 50 BTC or more not being sold ) . Bittrex will also set up a buy wall for refunds to those investors. The Invitational will be intended to provide a wholesale price to bigger investors giving greater incentive to the early birds.
The Private Funding Round where 200k coins get sold by invite only sounds really shady to me. Who's to say any money changes hands, could end up being like an instamine or premine for the dev.
50 btc needs to be sold in the third round on Bittrex or it won't be a success: what does this mean for Bitcointalk investors if it fails to do that?
The private funding round is just like the Paycoin scam started out
I ask that you respect the thread rules, and not post negatively about our project. These post will be deleted from here on out. We are running a legitimate operation and will be 100% transparent.
