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Author Topic: amagi metals  (Read 1887 times)
brokenchair
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February 20, 2015, 12:28:00 PM
 #1

They price btc at a price lower than or = to btc-e, and significantly lower than bitstamp. 
There selection and prices are worse than others.
I was going to purchase some btc today and buy an item there, but I will lose money on buying btc (due to their undervalue of btc) and lose money on their items which are priced higher than their competitors.   
It is a shame really as I'd rather support them, but I am not overpaying because they undercut btc value.  Even if I caught btc in an upswing, it would have to me more than $9 form my purchase price to break even......
 
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February 20, 2015, 02:10:45 PM
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I think it all has to do with the payment processor they use and which exchange that processor is tied to.

Try provident metals instead.
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February 20, 2015, 02:39:12 PM
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I think it all has to do with the payment processor they use and which exchange that processor is tied to.

Try provident metals instead.

Thank alot.  Big selection, good prices, pay in btc, wish I knew about that place in the past  Angry
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February 20, 2015, 06:07:35 PM
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...

I have bought from both Provident and Amagi, paying with Bitcoin.  

ONCE from Amagi (their shipment was very slow in my case: almost two weeks).

Twice from Provident.  Fast & professional, with nice low prices.
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February 20, 2015, 09:16:37 PM
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I have used provident metals several times as well as amagi and shinybars.com

good experience with all of them so far.

pawel7777
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February 21, 2015, 12:03:33 AM
 #6

They use Bitpay and GoCoin as processors, so they don't set the BTC price themselves.

I just made a test order and the BTC exchange rate was slightly higher (by few cents) compared to BitStamp.

Maybe OP was just unlucky with timing?

And I like their style:



AM have official thread so it's best to ask any questions directly there:

https://bitcointalk.org/index.php?topic=130831.0

amagimetals
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February 23, 2015, 05:35:20 PM
 #7

They price btc at a price lower than or = to btc-e, and significantly lower than bitstamp. 
There selection and prices are worse than others.
I was going to purchase some btc today and buy an item there, but I will lose money on buying btc (due to their undervalue of btc) and lose money on their items which are priced higher than their competitors.   
It is a shame really as I'd rather support them, but I am not overpaying because they undercut btc value.  Even if I caught btc in an upswing, it would have to me more than $9 form my purchase price to break even......
 

Thank you for checking out AmagiMetals.com - as some other replies have stated, our Bitcoin price is aggregated from Bitpay. They take an average of several exchanges to set their price. You can read more about that here: https://bitpay.com/bitcoin-exchange-rates

As far as our selection, we pride ourselves in our simplistic approach. If you are looking for a particular piece, please let us know. Questions can be sent to support@amagimetals.com and will promptly be answered. Thanks.

AmagiMetals.com is a global eCommerce precious metals retailer and advocates for free markets, free choice, financial responsibility, and sound money.
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