[ANN][LiberalGold] Gold coins in physical and digital forms. True value

[halibit]

First gold coin 100% backed with physical gold is now sold out.
So, now GENIUS is officially first true cryptocurrency with 100% physical gold value.
You can trade it as small parts you want to, and purchase physical coin when ever you want to.

Currently GENIUS gold can buy with Bitcoins, Litecoins and microCoins on alcurEX
https://alcurex.org/index.php/crypto/market?pair=GENIUS_BTC
https://alcurex.org/index.php/crypto/market?pair=GENIUS_LTC
https://alcurex.org/index.php/crypto/market?pair=GENIUS_MRC2

I hope other exchanges will adopt GENIUS gold also, because it's fully function open source cryptocurrency.

I will buy and release new gold coins after weekend with current BTC market price.
That way we are creating 100% gold coin based crypto.

If you like the idea, buy, trade, send true gold cryptos.
After we have more volume, we can start marketing.
Gold and specially gold coins are always something we all like.

[halibit]

Some urban legends about Golden Angel coin:

The new coin Dupré created first appeared on the 1 Louis D'Or in 1792. The designer was sentenced to lose his head on the guillotine during the French Revolution. According to legend, however, Dupré was able to bribe his guard with the Angel coin he carried in his pocket and made his escape.

Legend also says that Napoleon Bonaparte always carried an early French Angel in his pocket…until losing it the night before the fateful Battle at Waterloo. This Battle marked the beginning of his downfall.

New coins will be on alcurEX tomorrow or on Monday.

[MrDjAK]

Tnx for exchange

[halibit]

Tnx for exchange

You are more than welcome.
I hope we are finally get liberal but stable economy middle of the fiat crises.

[l8orre]

Tnx for exchange

You are more than welcome.
I hope we are finally get liberal but stable economy middle of the fiat crises.

these kind of things can provide alternatives the worse it gets with the fiat decline 

[jabo38]

so you have produced 100,000 real gold coins? 

and these coins are in a bank vault?

[halibit]

so you have produced 100,000 real gold coins?  

and these coins are in a bank vault?

Haha  I wish but no.
100,000 is max amount what GENIUS network can release virtual coins on the market.
For each real coin we buy, we release one GENIUS.
And opposite way, with one GENIUS can purchase real gold coin with 1:1 rate.
More info's in here: http://liberalgold.com/

Currently there is released two GENIUS coin and it can trade with BTC,LTC and MRC in here:
BTC Market direct link: https://alcurex.org/index.php/crypto/market?pair=GENIUS_BTC
LTC Market direct link: https://alcurex.org/index.php/crypto/market?pair=GENIUS_LTC
MRC Market direct link: https://alcurex.org/index.php/crypto/market?pair=GENIUS_MRC2

Each time we release new coin, we use current average market price:
Example if we buy gold coin and release GENIUS coin now, the releasing price will be:0.951257 BTC
If we loss when we purchase next real coin with those BTC, we add loss in next coin releasing price, or if we get it lower price, next coin will be cheaper.
Basically price will varies because crypto value movement, not so much because of gold price.
That way we will keep GENIUS value near stable with real gold coin/fiat market price.
And of course because with GENIUS can purchase physical coin with stable 1:1 rate, it will keep price stable as well.


Prices what we use for calculate current average market price can see on alcurEX gold market page.
BTC-e price USD
Bitstamp price USD
Localbitcoins 24h avg price USD
Gold avg oz price USD/BTC
Gold avg gram price USD/BTC
GENIUS raw gold price USD/BTC
GENIUS raw coin price USD/BTC
GENIUS avg coin market price USD/BTC

Because French 20 Genius (Angel) Gold coins are minted limited amount 1848 -1906 and most of coins are melted on war time, we expect
coin price will increase in long term.
And also each bought coins will be out of coin/fiat market and that way make price pressure.

This coin may be useful for:
+ Exchanges who want to make physical vs virtual markets without involving with fiats deflation and regulation needs.(Depends your country)
+ People who want to send gold value all over the world and maybe purchase it or cashing out with local market in new location .
+ Day traders for use it like opposite pair against virtual value cryptos (similar way like on USD vs crypto market)
+ For Bank and other deposits where need to wait day or two and BTC price may vary too much until get coins. (example like with  localbitcoins service)
+ For holding virtual currency in stable value form.
+ For crypto payments with stable value

[devlin]

Hi,

Where are the gold coins you bought physically stored?

[halibit]

Hi,

Where are the gold coins you bought physically stored?

All physical Gold coins are stored by financing company ALCUREX OY.
The company is located in EUROPE, FINLAND  and have legal property holder and financing company status.
Stored physical gold coins are private property gold and outside of the banks' and government's jurisdiction.

[BitcoinNational]

Some urban legends about Golden Angel coin:

The new coin Dupré created first appeared on the 1 Louis D'Or in 1792. The designer was sentenced to lose his head on the guillotine during the French Revolution. According to legend, however, Dupré was able to bribe his guard with the Angel coin he carried in his pocket and made his escape.

Legend also says that Napoleon Bonaparte always carried an early French Angel in his pocket…until losing it the night before the fateful Battle at Waterloo. This Battle marked the beginning of his downfall.

New coins will be on alcurEX tomorrow or on Monday.

GENIUS halibit!

I am just finding out about this.

1)
Can the coins be claimed?
Say a person arrives at ALCUREX OY head quarters and exchanges the digital for the physical?

2)
If you are paying attention.  There are many crypto(alts) <<>> fiat exchanges sprouting up ... so you'll likely keep a BTER account with some CNY, Dollars can already be stored in Nubits, Krakken and CCEDK are focused on the Euro account, but no one has a gold account, alcurex might be the first crypto(alts) <<>> gold exchange.

Do you? Could you offer standard kilobars? 
this would be for straight spot price gold "receivable" 
the price would naturally vary from a specie of coin which carry a premium 

[halibit]

Some urban legends about Golden Angel coin:

The new coin Dupré created first appeared on the 1 Louis D'Or in 1792. The designer was sentenced to lose his head on the guillotine during the French Revolution. According to legend, however, Dupré was able to bribe his guard with the Angel coin he carried in his pocket and made his escape.

Legend also says that Napoleon Bonaparte always carried an early French Angel in his pocket…until losing it the night before the fateful Battle at Waterloo. This Battle marked the beginning of his downfall.

New coins will be on alcurEX tomorrow or on Monday.

GENIUS halibit!

I am just finding out about this.


1)
Can the coins be claimed?
Say a person arrives at ALCUREX OY head quarters and exchanges the digital for the physical?

2)
If you are paying attention.  There are many crypto(alts) <<>> fiat exchanges sprouting up ... so you'll likely keep a BTER account with some CNY, Dollars can already be stored in Nubits, Krakken and CCEDK are focused on the Euro account, but no one has a gold account, alcurex might be the first crypto(alts) <<>> gold exchange.

Do you? Could you offer standard kilobars? 
this would be for straight spot price gold "receivable" 
the price would naturally vary from a specie of coin which carry a premium 

Hello BitcoinNational

Claiming special gold coin is possible in http://liberalgold.com/ page (buying gold coin with virtual coin)
and then it can pick from alcurEX office, or order to send.
Because sending gold is pretty expensive, I'm looking for different transfer methods.
Most fine solution should be local alcurEX dealer/storage which can also buy and sell cryptos with reasonable price.
Like localbitcoins service but with trusted local dealer.

One gram Gold market is just opened and we will buy it with 50g packets so we can keep the price near of the spot price.
My plan is get market running also with 100g and kilobars.   
And yes, after we have more investors in gold we can offer it like physical/virtual base currency for cryptos and gold coins.

All services just waiting alcurEX get more popular place for the investors.
Next step will be marketing and promoting alcurex.

Great to see we have same vision

[Nixzor]

Hali, you should update the links to the new alcurex exchange on first post and on the liberalgold.com