B. Tazed
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Activity: 28
Merit: 0
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June 27, 2013, 09:03:04 PM |
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10 LTC worth in the coin, $10 (3.7 LTC) worth of silver, 13.7 Total LTC, given, some cost for production. But you are paying 11 LTC more about $30..... For a premium on a half ounce coin.... You will never get the same premium back out of it, same as a novelty item.. Better to wait for a company that dosent have as much cost to produce these coins to make them and sell them much cheaper.
Way too overpriced...
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peonminer
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June 27, 2013, 09:08:31 PM |
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10 LTC worth in the coin, $10 (3.7 LTC) worth of silver, 13.7 Total LTC, given, some cost for production. But you are paying 11 LTC more about $30..... For a premium on a half ounce coin.... You will never get the same premium back out of it, same as a novelty item.. Better to wait for a company that dosent have as much cost to produce these coins to make them and sell them much cheaper.
Way too overpriced...
Is your opinion. For those who want to pump LTC, this is a HXC investment. The right sucker up the road could pay 100 LTC for this if silver recovers in a year or two and LTC skyrockets.
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B. Tazed
Newbie
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Activity: 28
Merit: 0
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June 27, 2013, 09:14:42 PM |
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10 LTC worth in the coin, $10 (3.7 LTC) worth of silver, 13.7 Total LTC, given, some cost for production. But you are paying 11 LTC more about $30..... For a premium on a half ounce coin.... You will never get the same premium back out of it, same as a novelty item.. Better to wait for a company that dosent have as much cost to produce these coins to make them and sell them much cheaper.
Way too overpriced...
Is your opinion. For those who want to pump LTC, this is a HXC investment. The right sucker up the road could pay 100 LTC for this if silver recovers in a year or two and LTC skyrockets. Ill make more off the 100's of oz's of silver I bought a dollar or two above spot.
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smoothie (OP)
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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June 27, 2013, 09:15:52 PM |
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10 LTC worth in the coin, $10 (3.7 LTC) worth of silver, 13.7 Total LTC, given, some cost for production. But you are paying 11 LTC more about $30..... For a premium on a half ounce coin.... You will never get the same premium back out of it, same as a novelty item.. Better to wait for a company that dosent have as much cost to produce these coins to make them and sell them much cheaper.
Way too overpriced...
Simple. Don't buy it.
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███████████████████████████████████████
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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smoothie (OP)
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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June 27, 2013, 09:16:19 PM |
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10 LTC worth in the coin, $10 (3.7 LTC) worth of silver, 13.7 Total LTC, given, some cost for production. But you are paying 11 LTC more about $30..... For a premium on a half ounce coin.... You will never get the same premium back out of it, same as a novelty item.. Better to wait for a company that dosent have as much cost to produce these coins to make them and sell them much cheaper.
Way too overpriced...
Is your opinion. For those who want to pump LTC, this is a HXC investment. The right sucker up the road could pay 100 LTC for this if silver recovers in a year or two and LTC skyrockets. Ill make more off the 100's of oz's of silver I bought a dollar or two above spot. Good for you. I wish you the best.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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B. Tazed
Newbie
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Activity: 28
Merit: 0
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June 27, 2013, 09:19:19 PM |
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10 LTC worth in the coin, $10 (3.7 LTC) worth of silver, 13.7 Total LTC, given, some cost for production. But you are paying 11 LTC more about $30..... For a premium on a half ounce coin.... You will never get the same premium back out of it, same as a novelty item.. Better to wait for a company that dosent have as much cost to produce these coins to make them and sell them much cheaper.
Way too overpriced...
Simple. Don't buy it. I like the look, I want to have one, Im just making it easy for newbs out there to see exactly what they are spending on it is all.
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smoothie (OP)
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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June 27, 2013, 09:25:00 PM |
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10 LTC worth in the coin, $10 (3.7 LTC) worth of silver, 13.7 Total LTC, given, some cost for production. But you are paying 11 LTC more about $30..... For a premium on a half ounce coin.... You will never get the same premium back out of it, same as a novelty item.. Better to wait for a company that dosent have as much cost to produce these coins to make them and sell them much cheaper.
Way too overpriced...
Simple. Don't buy it. I like the look, I want to have one, Im just making it easy for newbs out there to see exactly what they are spending on it is all. Honestly this first batch will likely be bought up by people who understand crypto and have been around for more than a few months (I'm guessing). If you bought casascius coins in 2011 you would know what I mean.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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CoinHoarder
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Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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June 27, 2013, 09:25:48 PM |
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*bites tongue* Good work Smoothie, well played.
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smoothie (OP)
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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June 27, 2013, 09:30:30 PM |
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*bites tongue* Good work Smoothie, well played. Thanks Coinhoarder. I bit my tongue as well for a few months.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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Cyberdyne
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June 27, 2013, 09:40:12 PM |
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*bites tongue* Good work Smoothie, well played. Thanks Coinhoarder. I bit my tongue as well for a few months. You must have wanted to let it slip when I asked you about the feather in your avatar You're all about the LTC aren't you?
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miffman
Legendary
Offline
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
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June 27, 2013, 09:41:00 PM |
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I know it wouldn't be worth your time making a 1LTC coin, but I wish there was one because it would be the only one I would be able to afford
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Cyberdyne
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June 27, 2013, 09:42:19 PM |
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I know it wouldn't be worth your time making a 1LTC coin, but I wish there was one because it would be the only one I would be able to afford And spend 10 LTC on shipping?
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B. Tazed
Newbie
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Activity: 28
Merit: 0
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June 27, 2013, 09:44:24 PM |
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10 LTC worth in the coin, $10 (3.7 LTC) worth of silver, 13.7 Total LTC, given, some cost for production. But you are paying 11 LTC more about $30..... For a premium on a half ounce coin.... You will never get the same premium back out of it, same as a novelty item.. Better to wait for a company that dosent have as much cost to produce these coins to make them and sell them much cheaper.
Way too overpriced...
Simple. Don't buy it. I like the look, I want to have one, Im just making it easy for newbs out there to see exactly what they are spending on it is all. Honestly this first batch will likely be bought up by people who understand crypto and have been around for more than a few months (I'm guessing). If you bought casascius coins in 2011 you would know what I mean. Unfortunately people on this forum believe their join date on here is when they first got into crypto... I actually do have some Physical BTC I bought early on, just a couple, I will probably get a couple physical LTC, but I want to wait until I can get in denomination of 100 LTC. I was fortunate to get a hold of BTC when it was less than $1, as well as LTC very early on. So I do know what Im talking about
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miffman
Legendary
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Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
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June 27, 2013, 09:44:53 PM |
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I know it wouldn't be worth your time making a 1LTC coin, but I wish there was one because it would be the only one I would be able to afford And spend 10 LTC on shipping? oh yeah :| never mind then lol
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B. Tazed
Newbie
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June 27, 2013, 09:48:49 PM |
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Smoothie, how much would shipping cost to Peru ?
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mairusu
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June 27, 2013, 09:55:29 PM |
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Sounds like alot of people are mad because the producer thought about and produced a viable product before others. I for one love this because it is the free market at its finest. He made something that has an obvious demand and will sell out of the first batch guaranteed. It's called supply and demand realistically he could sell these @ 100ltc a pop if he wanted cause who else are you going to buy them from? You guys are hilarious how are you gonna argue with the producer about something you have nothing to do with? That is the problem with all the exchanges and here everybody lets the buyers dictate the sells. I think what we have here is a great product from somebody obviously respected in our community and no doubt that he will sell, just don't test him too much or he can easily revise that post to 100ltc a pop and still sell out...rant over
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smoothie (OP)
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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June 27, 2013, 10:00:48 PM |
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Smoothie, how much would shipping cost to Peru ?
I'm not sure at the moment. I am putting together shipping information to be announced with my launch.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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smoothie (OP)
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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June 27, 2013, 10:02:29 PM |
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Sounds like alot of people are mad because the producer thought about and produced a viable product before others. I for one love this because it is the free market at its finest. He made something that has an obvious demand and will sell out of the first batch guaranteed. It's called supply and demand realistically he could sell these @ 100ltc a pop if he wanted cause who else are you going to buy them from? You guys are hilarious how are you gonna argue with the producer about something you have nothing to do with? That is the problem with all the exchanges and here everybody lets the buyers dictate the sells. I think what we have here is a great product from somebody obviously respected in our community and no doubt that he will sell, just don't test him too much or he can easily revise that post to 100ltc a pop and still sell out...rant over
+1 well said.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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B. Tazed
Newbie
Offline
Activity: 28
Merit: 0
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June 27, 2013, 10:03:30 PM |
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Sounds like alot of people are mad because the producer thought about and produced a viable product before others. I for one love this because it is the free market at its finest. He made something that has an obvious demand and will sell out of the first batch guaranteed. It's called supply and demand realistically he could sell these @ 100ltc a pop if he wanted cause who else are you going to buy them from? You guys are hilarious how are you gonna argue with the producer about something you have nothing to do with? That is the problem with all the exchanges and here everybody lets the buyers dictate the sells. I think what we have here is a great product from somebody obviously respected in our community and no doubt that he will sell, just don't test him too much or he can easily revise that post to 100ltc a pop and still sell out...rant over
*Paragraphs, sorry noob, rants on this forum will never end, you will see. Smoothie is not the first to do this, a previous announcement for Physical LTC was made in April, just hasnt produced yet.
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mairusu
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Activity: 28
Merit: 0
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June 27, 2013, 10:05:46 PM |
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Please don't get me started, I for one cannot suffer fools even on the internet...you obviously have nothing conductive to this topic to write so why are you still trying to get attention. He will make money for something he did...where do you fit in again?
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