11 separate gold buys by different characters since the new 24/7 coinshop was announced less than 24 hours ago...
One does not simply sell gold.
The following has been sent to 800 of my wealth management clients (translation is funny, yeah)
Now Silvervaultin killing operations are now under way and alkuhässäkästä have been overcome, it is time to think about a sequel. My professional interest in money and wealth management point has led to the 2005 decision to buy gold, 2006 silver (when I founded the placement of the first asset management company to silver facilitate, later in 2008 I started the quotations in Finland, 2009, EIH's that got removed from the VAT burden and 2010 Silver Bank), 2011 Bitcoins and 2014 monero. Hindsight we can say that we'd all be a lot richer if I had made the transition to the active silver Bitcoin already in 2011, and instead arranged for operating Silvervaultin you, dear customers, services, and opportunities to invest Bitcoin, and trade in them. In spring 2011, when the price of silver peaked and Silvervaultilla went well, Bitcoins received $ 1 each. Now the silver has fallen by 70%, and Bitcoin pay 300 USD.
I do not want to make the same mistake with monero. Monero (XMR) is cryptocurrency as Bitcoin (BTC). It is used in exactly the same way, ie through the accounts "purses", which can receive or have to send monero. Transfers pay only a few cents and go to your destination within minutes. The stock exchanges in active trading, which determines the rate of exchange in relation to Bitcoin, and thus in relation to any currency (because Bitcoin active trading in relation to currencies).
In order for any new cryptocurrency have a chance to rise in parallel with Bitcoin, it must provide a significant improvement, which is not upgradable with Bitcoin. Monero it is privacy: unlike Bitcoin, account balances, transfer amounts, senders and recipients are private. Bitcoin address disclosure (for example, the person from whom you expect performance) at the same time reveal all past and future events that are linked to the question. account. Monero it is not, but all transactions are only the account holder's knowledge. In ordinary bank accounts (or, for example Silvervaultissa) some people do not know balances, but the bank knows, and there is always the risk that the funds are frozen, because banks can not disobey the orders of public authorities. Monero can not freeze, because there is no "bank"; a system rotates on a peer to peer.
My vision placement of assets in these uncertain times is such that no object is not sure, but every asset, there are risks and developments, in which case the value of the collapse, or it becomes unusable, or worthless, or forfeited without compensation. So I think it makes sense to invest in such a way that no individual items befall misfortune, does not bring ruin. For example, the paper money may lose its value by hyperinflation, or banks can seize your account, gold or silver may suffer from the collapse or its use may be illegal, kryptovaluutoista can be found in a catastrophic bug, or similar Mt.Gox fraud can reset your account in a single stock exchange service. However, the probability that all of these take place at the same time, is negligible. By diversifying to all of these, and in addition (financial situation permitting) the company assets, shares, land, etc., Is in a better position than where if you put all your eggs in one basket, no matter how trying to choose one that is as safe as possible. Thus I have worked, and I want to continue in the field, helping others to do the same.
When I chose my new business monero, was the basis for the selection of a service offering that does not yet exist. Gold and silver are selling other shops, banks have their own service offering, real estate brokers, even buying bitcoin euro is now a jiffy. Monero is still small, the future of thing, with awareness-raising, community strengthening and provision of services is also key for the currency grows and becomes more and more useful. Kryptovaluuttojen The basic idea is that the total number of currency units is known and it can not be added according to demand. Instead, the currency value will change if the number of users increases or decreases. Monero are just a few of thousands of users, because the data revolutionary feature in relation to Bitcoin is not yet widespread. One monero price is less than a dollar, the same as bitcoin when had already seen what would happen, but knowledge and belief had not yet reached their culmination. (Monero, there are about the same as Bitcoins, a comparison is possible directly on the unit price.)
Despite the long opening I don't invite to invest significant amounts of money in it. (Those with good memory may remember that I said the same on bitcoin in October 2012 price of about $ 10.) If the project succeeds, this increase is in any case so great that even a small investment to produce massively. The probability that the project is not successful, and all the money goes, it is also high, meaning that all investments you should mentally look at the losing bets already at the time of purchase (cf.. Lotto coupon, the purchase price is an expense, in which case all the profits is a plus). Currently monero can be purchased with Bitcoin at Poloniex.com named the stock exchange without the lower limit, and when HH the service opens, one-time investment can be 1.000 to 50.000 €.
In summary - I support a very broad diversification among various asset classes, and I intend to focus on providing services related to monero. I spend a couple of weeks in Finland in early September, and I open my old address trade Pursimiehenkatu 15, where you can buy and sell gold, silver, currencies and Bitcoins monero. I know that many people would like to do business but I have not had time for years to keep it open. (Inform you about this later.)
Unwieldy to my projects in recent months has been operating the Crypto Kingdom -multiplayer. We are about 9 months developed a playing surface, and at the same time acquired the first of about 120 playable characters, with the actual virtual world launched in the coming weeks. Game management structure based on self-government, ie it is not a game company, but the profits are distributed to shareholders internally in the game (game characters own all of it, and the share is 24/7 internal market and market-making). The platform is crowdfunding-financed without outside money. The game uses monero as a currency. More broadly, will also like info about then when we have all the materials, the game is playable, and the masses already know about it. However, some may be interested in diversify Again, the direction now, and once the stock market works, so I can pass the size of the investment of EUR 500-1000 per interested person. Not less because I do not have time. No more, because the game is so small that it makes no sense to sow it money. If it grows Clash of Clansin size, now made an investment of € 1000 becomes 10 million (calculated Supercell and CK ratio of the market value).