Hey guys, Brand new here! But extremely excited about the possibilities for BitCoin!
I am thinking of starting a mail order business trading silver for BitCoin and vice versa.
Trying to get a handle for how much demand there is for such a thing.
Right now silver is about 30USD/oz i know the USD/BTC conversion is not exactly 1:1 right now, but I'll assume that anyway.
Would anyone be willing to buy one ounce silver bullion for 30BTC? That price will probably include shipping if in the United States/Canada.
I got about 20oz I'd be willing to sell right now. (Starting out small) In the form of circulated American Eagles and Mexican Libertads:http://en.wikipedia.org/wiki/American_Silver_Eaglehttp://en.wikipedia.org/wiki/Libertad_%28coin%29
Send the address you want the silver shipped to: BitCoinSilver@gmail.com
Bitcoins can be sent to:
Depending on what/how many responses i get, i may purchase more silver to sell for Bitcoins.
Conversely, would anyone be willing to mail their silver (or possibly gold) in exchange for BitCoins? This business won't work unless i have customers from both sides. If enough people post on this topic that they'd be willing to mail in silver I will get a P.O. box.
Say what you will about whether bitcoin needs a solid commodity value in order to succeed, I for one know I'd be more comfortable using a currency if I knew I could exchange it for gold or silver. I want to be a part of making that possible.