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Topic: [BIG] BigBullion (SHA256) 10 Million Coins | Bounties - Trading on Bittrex - page 41. (Read 75776 times)

member
Activity: 84
Merit: 10
Where does the capital to purchase the reserve come from? Are you going to pay for the gold that backs the coins we mine?
Initially I am providing all bullion reserves for the coin.  Once there is an established value of the coin it will become self sufficient.  We will be selling some of the coins that we mine over the long term as "certified clean coins" much the same as with "clean" Bitcoins, which are sold at a premium to investors, and mutual funds.
newbie
Activity: 20
Merit: 0
Where does the capital to purchase the reserve come from? Are you going to pay for the gold that backs the coins we mine?
member
Activity: 84
Merit: 10
Who will use this digital currency and how will it be used.

This coin is for everyone - just like Bitcoin.  Our target audience is two fold.  #1 is the whole Bitcoin community.  #2 are the investors in crypto.  Anyone who invests in our world will love this coin.  Not only does it posses the intrinsic value of a crypto currency, but it also has the added value and stability of being back by precious metals!!  We see BIGBullion as a basis for mutual funds, investors personal portfolio's, as well as, being used by you and I as a measure of safety in our digital portfolio's. 
newbie
Activity: 13
Merit: 0
Who will use this digital currency and how will it be used.
newbie
Activity: 56
Merit: 0
I'm ready and patiently waiting........this will be BIG
hero member
Activity: 1008
Merit: 501
keep on eyes , waiting more info
member
Activity: 84
Merit: 10
Facebook and Twitter are both up now!

Facebook - www.facebook.com/BIGBullion2014

Our Twitter is @BIGBullion2014

Make sure to follow!!

member
Activity: 84
Merit: 10
https://www.altcoincalendar.info/coins/719-BIG

Website is almost done.  Hopefully we can finish it, get the testing done and have it up this week.  Our twitter feed, and Facebook are also both up!!
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
hero member
Activity: 550
Merit: 501
Hey guys - thanks for all the posts already!  There have been a few attempts at backing a coin with bullion - One where the government seized the bullion (The host country didn't allow for citizens to stockpile bullion) One where the dev's did not have the financial backing to actually manage the coin, and the latest was INN coin where they launched millions of coins with 3.5 ounces of gold to back it...... thus making it not really backed at all.  We will have a media release out within the next few days giving all the details.   I've been involved in BTC and the crypto world for a long time now, and trust me when I tell you guys - This is going to be huge!!!! 

So what's your real acct besides the BIGBullion Newbie acct?
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
legendary
Activity: 2324
Merit: 1039
My lunch with bulllion soup is always huge... Tongue
full member
Activity: 122
Merit: 100
member
Activity: 84
Merit: 10
Hey guys - thanks for all the posts already!  There have been a few attempts at backing a coin with bullion - One where the government seized the bullion (The host country didn't allow for citizens to stockpile bullion) One where the dev's did not have the financial backing to actually manage the coin, and the latest was INN coin where they launched millions of coins with 3.5 ounces of gold to back it...... thus making it not really backed at all.  We will have a media release out within the next few days giving all the details.   I've been involved in BTC and the crypto world for a long time now, and trust me when I tell you guys - This is going to be huge!!!! 
full member
Activity: 210
Merit: 102
wasn't there a bullion-something coin before?
hero member
Activity: 504
Merit: 500
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