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Author Topic: litecoinforgold/silver.com / ltcforgold/silver.com  (Read 245 times)
ltcforgold
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May 01, 2014, 11:28:41 PM
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This sale is for four domain names:
1) LTCFORGOLD.COM
2) LTCFORSILVER.COM
3) LITECOINFORGOLD.COM
4) LITECOINFORSILVER.COM


Cryptocurrency has gone mainstream, incidentally as fiat currencies around the world begin to crumble. With MyRAs, fiat inflation and potential 401k confiscations lurking around the corner, a large percentage of the population are looking for alternate ways to preserve their wealth. 

Two companies that accept Bitcoin as payment for precious metals have both recently revealed that they have done over $20 million in combined sales which have been paid for with the crypto currency.

http://newsbtc.com/2014/03/25/agora-commodities-reports-10-million-bitcoin-sales/

http://www.amagimetals.com/blog/2014/03/26/amagi-metals-joined-another-precious-metals-dealer-10m-bitcoin-sales-club/


The domains for sale can be used to provide a straightforward way to launch your own site, or redirect to an existing and established site.


Throwing a few numbers together:
Product:   APMEX Buy   APMEX Sell   Margin USD   Margin Percent
1 oz Gold Canadian Maple Leaf - Random Year    $1,299.00     $1,326.00     $27.00    2.08%
http://www.apmex.com/product/79020/2014-1-oz-silver-canadian-maple-leaf    $20.48     $23.12     $2.64    12.89%
http://www.apmex.com/product/11951/1-oz-pamp-suisse-gold-bar-9999-fine-in-assay   1289   1321    $32.00    2.48%
http://www.apmex.com/product/57949/100-oz-royal-canadian-mint-rcm-9999-fine-silver-bar   1926   2020    $94.00    4.88%

Let's assume an average margin of 5%, and each of the above sites has over $10,000,000 USD in sales.  This would be an estimated average profit of $500,000 USD. 

Sale price for all 4 domains is $2,000,000 USD, payable with BTC, LTC or a combination of both. 

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