Topic: ♦♦♦BITSTONE♦BST♦♦NEW DEVELOPMENT CURRENTLY UNDERWAY♦♦NO PREMINE♦♦ NO ICO♦♦♦ - page 12. (Read 15180 times)

The Private Funding Round where 200k coins get sold by invite only sounds really shady to me. Who's to say any money changes hands, could end up being like an instamine or premine for the dev.
50 btc needs to be sold in the third round on Bittrex or it won't be a success: what does this mean for Bitcointalk investors if it fails to do that?

Mining is not energy efficient. Sha256 neither. They compliment each other.   Nothing wrong with Sha256 and lots of miners around that used to mine BTC.

I did not read the whole text of your announcement thread but the idea is good. You should have choosen a different algo than SHA256. It is not very energy efficient algo. Nevertheless, I'll keep an eye on the coin.

love to deal in all crypto which has some real ppl / biz behind them to support and my guts telling me you are one of them so definately YES to your coin and GL for the future.

I'm sure if she was still alive, she would approve of this coin.

https://www.youtube.com/watch?v=eL7ETLLkQTY

for new coin
may you to contact with https://yobit.net

Hello and Welcome to the BitStone Pre-Ann. Sounds like you know a few things about the trade, and thats music to our ears. I figured there would be a few people that would actually like to talk stones.

Thanks for your questions and allow me to address some of your concerns.  

I have the ability to supply just about any stone, I am offering the more common stuff in the beginning.  The gems in those pictures are not $1 million worth.  Most are in a safe and I took out a variety to photograph, which are being returned to the safe on Monday and additional diamonds and gems will be taken out to photograph and the pics uploaded on Tuesday.

If you are looking for paragons, I will be happy to supply as many as you need and at any size.  The problem, as I am sure you are aware, is that most people will not spend that kind of money.  There will be some incredibly nice stones as well as some of the less expensive stones.  As for the fancy stones, I am not big on them but have a few misc. ones around.  The only person that likes that little black diamond is my 19 y/o son and I may give it to him- lol.  All the emeralds I have and get are from Columbia, typically Muzo.  Again, I have some very clean emeralds, but the day I see a natural flawless emerald I will run away as quickly as possibly.  

Lastly, I have access to the best opal through an acquaintance that deals exclusively in opal, but it isn't my thing and I currently do not have any but if a person wants it I will be happy to acquire it for them.  Tourmaline, like Opal, is not something I typically purchase but I agree with you that it is hot.  I personally do not want to invest that kind of money in a stone I am not interested in collecting.  What I have seen on the wholesale side is that Paraiba tourmaline in an "investment grade" or Fine grade is running $8-12,000/ct in the carat size and up to $20,000-25,000/ct in the best stuff.  

I think your questions are valid, and as the price of BitStone increases, so will the percentage of higher quality gems.  If a gem cost $10,000 and the price of BST is $0.50 then it will take a huge chunk of BST to purchase the stone.  I will have a variety of less expensive to investment grade stones available at all times in the store.

If you have any further questions or concerns, don't hesitate to post here or PM me so I can give you my cell # and we can talk further.

No this time with ico....

Thanks for the support! Look forward to seeing you come by the store if you wish to do so.


Thanks for stopping by, look forward to your continued support.


Hello ocminer, we have the launch date scheduled. I will message you and give a bit more info. Thanks for the support.


Glad you are happy with the picture. I have a lot more than whats shown in the pictures, those are simply for the purpose of what we just tackled. Yeah I figured it wouldn't be long before someone asked us to do that...no problem in easing your concerns. We most certainly will back BST with the collection. Just continue to follow and support, and the main supporters here in this thread are the ones I will be looking to have come visit us at the store on the Grand Opening. Thanks for the support thus far, and look forward to having Earlz reviewing the code.

Very nice... That is all I wanted to see  At least this proves you have the gems and the picasso in your possesion. Which is a big plus for me, and I think other people are thinking the same. Of course we dont know if you are really planning on using these for backing the coin. Time will tell.. I will consult this with my investors group.

I wish you the best of luck with this project 


Oh yeah, having Earlz reviewing the code is already a good move

I just am wondering if this $1,000,000 in gems is the retail value or the wholesale value? There is a big difference. Also, are these diamonds paragons or your run of the mill H I or J (or worse) color diamonds under a carat? What is the average clarity of these diamonds? What is the quality of the emeralds? Are they heavily included and/or opaque or do they have just enough inclusions to know they are not fake? (I would be suspect if they were near perfect since that would indicate lab created.) Are they from Columbia, Brazil or Namibia?
I pray there is more to this $1,000,000 collections than what is pictured in the OP. Although these stones look nice, I wouldn't call them "investment grade." In fact a couple of the diamonds are a faint yellow, not dark enough to be considered fancy. The black diamond is irradiated and doesn't impress me at all. The emeralds up for grabs are rather small, but for a retail value of $170.00, that is expected. Are the red stones pictured rubies? They look rather big so I strongly suspect they are fissure filled...
Furthermore, what other stones will be available? Will there be fine rubellite and Paraiba tourmaline. The tourmaline market is hot right now.  How about some Russian demantoid garnet? Any Lightning Ridge Black Opal?

Any info on launch date? Looks not so Bad, might add a Pool for it

SHA-256, I will mine

Interesting, really liking the value of the picasso and the gems.

Thank you Dr. K. You even got the plate in there. Good call.

checking this out, this might be a winner winner chicken dinner boys.

Thank you for contacting us. Look forward to having you take a look at the code and giving it your respected review rating!

Thanks for the support. Yes I can take that picture. Give me an hour or so.


Yes, no problem.