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Author Topic: NXT Silver Bullion Gateway Gateway Updates and Information  (Read 12348 times)
Anon136 (OP)
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February 08, 2014, 10:12:21 PM
Last edit: May 21, 2014, 09:54:34 PM by Anon136
 #1

This will be the official bitcointalk thread for updated information and discussion related to my nxt silver bullion gateway.

Roadmap:
1)Get a tumbler which will allow me to polish my bars to a mirror shine.
2)Get a stamping machine and a stamp with a unique emblem.
3)Figure out international shipping situation.
4)Begin refining silver scrap.
5)Move onto gold.
6)Begin refining gold.
7)tbd

Think these priorities are out of whack? Perhaps certain items on the list should be in a different order? Leave some feedback and let me know what new features are most important to you.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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Anon136 (OP)
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February 08, 2014, 10:12:59 PM
 #2

reserved

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 08, 2014, 10:18:44 PM
 #3

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hey Anon136 - just swa this new thread - need to get going now, will get back tomorrow .. cheers, l8orre
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February 08, 2014, 10:24:50 PM
 #4


Nice, looking forward to this!

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February 08, 2014, 11:07:54 PM
Last edit: February 08, 2014, 11:18:15 PM by Coinonaer
 #5

Hi Anon,

I like the idea very much. There are a view things that I like more than Nxt, one of them is silver. One of the most undervalued assets right now.

I don´t like silver shot, I would prefer off brand silver.

So great idea Anon, I hope this get´s an sucessfull rollout! Would be very interested.
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February 08, 2014, 11:24:17 PM
 #6

Interesting idea. Please let us know the update on this one Smiley
Tuning into the thread.
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February 08, 2014, 11:35:57 PM
 #7

2646385689141496300

thanks
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February 08, 2014, 11:40:24 PM
 #8

!smart idea!
keep us updated Wink

NxT: 13574045486980287597
Anon136 (OP)
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February 09, 2014, 12:47:21 AM
 #9

got 1 vote for off brand. anyone else have any input on that matter?

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 09, 2014, 01:47:57 AM
 #10

I vote for off brand also. Sounds like an interesting idea.

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February 09, 2014, 01:50:19 AM
 #11

Great , look forward to see more updated info

 
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February 09, 2014, 02:18:07 AM
Last edit: February 09, 2014, 03:34:57 AM by gs02xzz
 #12

Does the off brand include the coins of other countries like Panda silver coins?

I would vote for shot since it can make it look like an ETF (maybe gold ETF in the future) and will be easy to price and trade.
Voluntold
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February 09, 2014, 03:04:39 AM
 #13


Hope your gateway helps us achieve 1 NXT >= 1oz. .999 Fine Silver!    Wink

That would be awesome!

I vote off brand as well.

Nxt:  NXT-5BHG-9VRE-QGW6-DRZVQ
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February 09, 2014, 04:00:44 AM
 #14


Hope your gateway helps us achieve 1 NXT >= 1oz. .999 Fine Silver!    Wink

That would be awesome!

I vote off brand as well.

I vote 1oz rounds.
Anon136 (OP)
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February 09, 2014, 04:04:49 AM
 #15

The more I think about it the more I think that I'm just going to do both with separate instruments. The impact that this would have on the market depth seems like the smallest drawback. Additionally this will give me the option of adding pandas and eagles at some point in the future. Also this will make it so that people can send me any kind of silver in the mail and I will be able to issue instruments proportional to what they send me.

I hope silver shot becomes the deepest most liquid market if I do this because that would give us the most accurate price for an ounce of silver. This is going to be awesome guys if you help me to make a deep and liquid market here than we will be able to offer much more realistic silver prices than the manipulated NYMEX. It could even become a better resource for dealers to price their merchandise.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 09, 2014, 04:44:00 AM
 #16


Hope your gateway helps us achieve 1 NXT >= 1oz. .999 Fine Silver!    Wink

When time comes, I will have 10,000 pieces, thank you very much!  Grin

Fuck Mt.Gox! Fuck Mintpal! Fuck Bter! FUCK kyc! Protect yourself use MGW! SUPERNET!
Recommended ASSET ->InstantDex : Lead Dev Jl777 (decentralized multi currency instant exchange)
Recommended ASSET -> Jinn : Lead Dev Come-from-Beyond (ternary processors!)
https://nxtforum.org/news-and-announcements/(ann)-jinn/
Anon136 (OP)
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February 09, 2014, 04:49:37 AM
 #17


Hope your gateway helps us achieve 1 NXT >= 1oz. .999 Fine Silver!    Wink

When time comes, I will have 10,000 pieces, thank you very much!  Grin

lol its going to take a while to build up a pile like that. if people actually buy 10,000 instruments from me than ill probably start looking at getting a out of home location for my business. Maybe a disused bank? how cool would that be!

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 09, 2014, 04:52:29 AM
 #18

Great idea Anon. Will this be mostly for trading or can we take delivery?

NXTtechdevfund  GPG Key ID: 0x903BC112
Anon136 (OP)
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February 09, 2014, 04:56:14 AM
 #19

Great idea Anon. Will this be mostly for trading or can we take delivery?

Oh absolutely you will be able to take delivery. You wont even have to worry about paying me for shipping or anything it will be all built in. I will charge for shipping when i issue the asset so if you go onto the market and buy one of the tokens all you will have to do is send it to my nxt address with a message specifying where you would like the bullion to be delivered and I'll ship it out the next day. It will be that simple and seamless. Though i should mention that I will be shipping to the US only at least at first. Dealing with customs will make things much more difficult so it may be something that i do later but definitely not at first.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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February 09, 2014, 05:01:52 AM
 #20

Great idea Anon. Will this be mostly for trading or can we take delivery?

Oh absolutely you will be able to take delivery. You wont even have to worry about paying me for shipping or anything it will be all built in. I will charge for shipping when i issue the asset so if you go onto the market and buy one of the tokens all you will have to do is send it to my nxt address with a message specifying where you would like the bullion to be delivered and I'll ship it out the next day. It will be that simple and seamless. Though i should mention that I will be shipping to the US only at least at first. Dealing with customs will make things much more difficult so it may be something that i do later but definitely not at first.

Great! When you begin to ship internationally, I'll be very keen. BTW, why limit to silver only? If you can offer gold, you'll get really high volume of trade measured in NXT.

Edit: Offering gold will help the so called whales cash out without adding selling pressure on NXT/BTC pair.

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