Topic: 'Golden Bitkoin" (Read 548 times)

You said samples?  Real coins?

These all are rendered images

You said that the weight had to be increased.  What is the new weight of the coin?  And the price is .055btc per coin now?  Also interested in seeing the factory samples.

About the price of eail to say. 0, 055 BTC. Depositing-Yes

Interesting concept work. Will be nice to see factory samples.

Sorry, my English, maybe that's the problem. But I didn't say I refused to accept escrow. I work with him. 

You’re confused ! I’m baffled by all the replies ! I know I’m a newbie, but not a lot makes sense and the Twitter still doesn’t work ! 🧐

I'm confused still sorry.  Will you accept escrow here on the site with a reputable escrow agent?

Meaning if I want to buy I send btc to escrow, you send me the physical coin, up on delivery of the coin and once in my possession I agree to let escrow give you the btc.

Also .33btc for a 5 gram gold coin is too high.  That's about a .25btc premium on top of spot.

  Hello community!
  As promised, today I will share with you my view on the value of the «Gold Bitcoin» coin and escrow.
  Let me start with the price. As I said, it is marked by me in 0.33 bitcoin per coin "Proof" of gold 999.99, weighing 5.55 grams and 1 bitcoin par.
  This price, in addition to gold and manufacturing, also includes-certificate printing, testing by the control service, customs and other fees and delivery anywhere in the world. But!.. Even with all these costs, it allows me to move one way or the other, depending on demand. And as I assume because of the large excess of coins in the first months of release, for their implementation, I will have to move down with the price, but as the project progresses and reduce the number of coins produced... I think you understand what's going to happen. And I do not set now either the upper or lower threshold of its value. In addition, I can always melt unclaimed coins, such as in the teeth, myself and the dog )))
On the subject of escrow:
 - Why partially?
  Here I have to look into the future, because starting this, so we call it-"long-term" project, I have no right not to look there.
  Option one: Turn to the coin release schedule. August, September, October, November 2020, issue 12 GBTC, and for example they have all sold in advance, except one, when suddenly receives an offer on the condition of escrow to buy three coins. That is, it turns out that one coin from the series (August, September, October, November 2020), and the other two from the series (December, January 20-21), when only three coins will be issued. And the paradox is that I wanted to raise their value by half, because I and so, almost the entire project suffered losses, handing out coins for the cost. (Of course, I partially "insure" myself against such a situation, with lots of small-scale coins, which I wrote about in the first post, and at any time I can throw one or more of them on the market) But this is an option not to go against the principles and these promises-not to release coins from the main series more than planned. And if to speak honestly about small-scale parties, I would like of course to scatter them already this year that further they didn't confuse me.
  Well, now the question-at what price, old or new I have to sell you fairly these three coins on the condition of escrow?
  Option two: Again, turn to the schedule of the issue of coins for the first months, where it is planned to issue 50 coins every month from April this year and July inclusive.
  For example, you deposited yourself 10 coins, 10 someone else bought, but the other 30, hovered. What to do? Teeth we have with the dog you already have )))
  To stimulate buyers in this case, it is more expedient for me to throw off the price... On half...
  But now the second question-what will be your actions and thoughts in this scenario?
  And I gave only two examples out of a possible hundred. I don't know, maybe I'm sharing it with you for nothing... But based on these two examples, I have expressed the term "partial Deposit", when I decide in what month and how many coins I can sell on these terms, so that all parties are satisfied. At least for now, that's the only scenario I'm working on.
  After all, there is also the most unpredictable and unexpected option... As said above-"cash"on the back. Believe me, my dog, themselves, gold is not produced ))) And primitive bought it in the Bank.
  And here an unpleasant situation for me may be that gold will begin to rise in price, and I because of the low purchasing activity, will have to lower the price. And if I transfer the money immediately to gold, I do not care, even if tomorrow it will cost more than the price for which I sold the coin minted today yesterday.
  But such an asset as escrow, to me in a situation of rising gold prices and lower prices...
  But I promise to think of something! In any case, I will accept it, as I said above.
  In General as the so. Maybe that is too much, and don't need said, but it was honest and free in their thoughts, and how from now on I promise to stay. Now if that is not clear, or have any questions-ask! As far as possible and availability of free time, I will answer them.

  And by the way, let's discuss the current price of GBTC? Does anyone have an opinion on this? I would like to hear.

My concept of escrow, I'll lay out tomorrow. There's more than one sheet, and I don't want anyone to misunderstand me.


Sorry, Twitter: @smolsamu

He probably need funding along the way so some of the payment needed for cash flow. Escrow therefor not option for all coins. My guess.

I agree escrow is either a yes or a no, I've never seen a "some" sales can use escrow.  Can you elaborate?

"I can consider escrow as a limited part of the total number of coins." That sounds kinda wishy washy

It appears you have put a lot of thought into this and I applaud you and eagerly look forward to following your progress.  It sounds very interesting and I love gold!

Best of luck.

BTW...I agree escrow will be a must.

Very interesting, and intriguing.
Concept sounds excellent, but being a newbie like me I’m intrigued you managed to find the collectibles area of the forum so soon , It took me about 8 hrs to find it ! Anyway , not to be negative , I you’ve certainly raised a lot of interest and will watch the post as it develops .

I think I'm reading this right.  You are selling 3k grams of gold for 183 btc? Yeah?

I apologize if I am reading this incorrectly.  Is the price of these coins going to be .33btc each?  And they contain 5.55 grams of .999 gold?  Are they loaded/unloaded?  Waiting for pics thanks.  Escrow would also have to be a must or no go.  Thanks

Any pics?

Viz

PS: Ya Twiitter handle doesn't appear to work

Greetings to all bitcoin communiti!
People of different faiths, races and Nations!
  Hello gurus, founders and ordinary users who somehow use bitcoin and blockchain tehnology in their lives!
  Hello to you Satoshi Nakamoto, whoever you are!
  And a separate, personal Hello to you man, if you believe in the power of bitcoin as well as I believe in it!
  Thank you in advance for reabing this post to the end!
  I want to inform everyone that from April 1, 2019, I launch a project called «Golden Bitcoin» (hereinafter GBTC)
GBTC is the issue of a limited number of real gold coins (although some of them can be considered as gift or collectible), 1 bitcoin.
  These design coins will be minted and made entirely by hand, and their limited edition (555 coins) gives them special value. At the same time, on the example of bitcoin, their number will decrease from month to month in a matematical progression by 50% every 4 month until the last coin is issued in December 2022.
  What characterizes a «Golden Bitcoin»?
-Every owner of a virtual wallet that stores a certain amount of bitcoins, who at  least once in his life faced with the cryptocurrency, no supporter or supporter, can not say that he realy held it in his hands. I give anyone the opportunity to feel the genuine Shine of bitcoin in its Golden incarnation.
«Golden Bitcoin» is made of gold 999,99 (Bank of Russia) and has a specific, not replaceable weight of 5,55 grams (with a coin value of 1 bitcoin)
  The coin itself, as well as the cryptocurrency is made without banks, governments, and third parties, which is at least for me a principle.
  And now let someone say that bitcoin as a currency is not secured by anything… No guys, now he's secured, gold 999,99 highest order! «Golden Bitcoin» is a tool to achieve personal freedom, albeit in a limited amount of 555 coins, and not everyone will have a chance to feell this spirit within the 44 months of the project, and release GBTC.
  Another fundamental feature of this project is that each month will be issued only a certain number of coins. I will write below.
  I also want to say a few words about why I chose gold for the project "Golden Bitcoin" as a material, and not for example platinum, palladium, or even moonstone )))
  Let me draw a comparative analogy.
  Gold can be transported and give it different forms, countless times. From this it will not lose its properties and Shine. Gold is imperishable.
  The same can be said about bitcoin. Its internal value as well as the cost of gold does not depend on the number of transactions carried out for each individual unit. In other words, bitcoin will not lose its value from the number of times it has been transferred.
  Gold is highly electrically conductive.
  Bitcoin mining is directly related to high energy consumption.
  Rarity-gold, though popular and affordable, yet some sources claim that in the history of its use, the amount of gold mined is barely enough to fill two Olympic pools.
  So what is the idea of "Golden Bitcoin"?
-The fact that regardless of the rate of electronic Bitcoin in relation to any other currency, whether it will grow rapidly or fall, its value will be confirmed by 5.55 grams of gold 999.99 samples, exactly those 555 coins of 1 Bitcoin each. And everyone has the right to dispose of their GBTC at will, according to the rule of "personal freedom".
  The same idea is that no government, no Bank, no one can prohibit buying, selling, exchanging, giving GBTC, and generally dispose of IT at the discretion of the owner, as it could mean the recognition of Bitcoin as such de facto currency.
"Golden Bitcoin" is intended for the free-thinking category of people who are contrary to the centralized part of society in their personal line. Revolutionaries in the world of technology, breakthroughs, Finance. And if we draw another analogy with gold and its eternal incorruptibility, I want to call these people "Pharaohs", "Pharaohs of Bitcoin". People with their own hands, directly writing the history of the crypto currency, and maybe the whole of the current world, with its centralized monetary system, breaking and redoing it. Because as you know not history creates us, and that we are making history. And everyone can participate in it!
  I will write about the symbolism and design of "Gold Bitcoin" ( GBTC) later, as well as happy to answer questions to all who have them. 
  Now, as promised above, I will write a schedule of "emissions" and the rules that I consider to be persistent.
1. Each GBTC coin will be sold by me exclusively for any cryptocurrency, not centralized.
2. Will be released only 555 coins GBTC face value of 1 BTC.
3. Without exception, all the coins will be gold 999,99 samples, and the weight of 5.55 grams (value of 1 bitcoin). The total weight of GBTC will be 3080.25 grams.
4. Separately for each coin will be printed a certificate of testing service with confirmation of compliance with the sample, as well as the assignment of the coin hash number from 1 to 555, based on the SHA-256 algorithm.
 5. The names, location of the addressee, or other details provided by the coin buyer will never be disclosed, and moreover, will be removed from my personal database immediately after sending GBTC.
 6. Release schedule:
April 2019  50 GBTC
May 2019.  50 GBTC
June 2019. 50 GBTC
July  2019.  50 GBTC
August 2019. 25GBTC
September 2019  25GBTC
October 2019. 25GBTC
November  2019. 25 GBTC
December  2019. 25 GBTC
January  2020. (12,5 GBTC mon.)
February 2020. 25 GBTC
March  2020. (12,5 GBTC mon.)
April 2020. 25 GBTC
May. 2020 (6,25 GBTC mon.)
June  2020
July. 2020
August 2020. 12 GBTC
September 2020 (3,125 GBTC m)
October 2020
November 2020
December 2020   3 GBTC
January 2021 (1,5625 GBTC m.)
February 2021.  3GBTC
March  2021  (1,5625 GBTC m.)
April. 2021.  3 GBTC
May  2021 (0,78125 GBTC mon.)
June 2021
July 2021
August 2021   1 GBTC
September 21(0,390625 GBTC)
October 2021
November 2021
December 2021. 1 GBTC from the balance of previous issues.
January 2022   1 GBTC
February 2022 (0,195312 GBTC+the balance of the previous editions)
Marc 2022.
April 2022.
May 2022.  1 GBTC
June 2022 (0,097656 GBTC+the balance of the previous editions)
July  2022
August 2022
September 2022
October    2022
November 2022
December 2022.       

  Thus, December 2022, will be the last month of the release of "Gold Bitcoin", with it not difficult to notice, the most productive were only the first months of the release of 1 bitcoin coins.           
    Based on this, I do not undertake to judge or predict their market value at the time of manufacture of the last coin, as I think you will not take to judge this. And I'm not going to speculate on that than this price can be determined. The only right I reserve is to set the selling value of my coins. Today I think the fair price will be 1 GBTC=0.33 BTC. 
   But back to the timing of issue of the coin, because it is, if you have noticed or felt, painted the issue is only 400 GBTC. What about the missing 155 GBTC? These 155 missing coins will be divided into three smaller series of 100; 50; 5 GBTC, and will have a different design both between the series and against the main 1 GBTC. The only thing that remains common between them is the nominal value of 1 GBTC, the sample of gold 999.99 and the weight of each coin 5.55 grams. And if I tell about the design and symbolism of the main 1 GBTC below, and its real embodiment in gold I present to the community on April 1, the day of the beginning of the issue, then the design of these separate three series I will leave in secret and I will never personally represent them. The only opportunity to see the coin will only be for its owner, go if anyone of the owners of such coins will decide to upload photos, what I actually promise not to object.     
  How are they going to be minted? Completely arbitrary. On another series. Without any bias on my part. That is, when, and who to get one or more of these low volume coins only a matter of time and occasion, share personal luck )))           
   The first series of small-scale coins, which I called "breaking the system", will consist of 100 1gbtc coins. Its name is due to the fact that although as I think GBTC has a lot in common with BTC, the issue of real coins still goes against the concept of cryptocurrency, and the issue of individual small-scale coins is contrary to the Blockchain technology and the rules laid down in it. Although hardly anyone objected to the fact that GBTC and BTC are decentralized. 
    The second series, consisting of 50 coins of 1 GBTC, was called by me - "religion bitcoin". And while I'm not trying to idealize BTC, much less calling anyone to do so, there is no denying the growing strength and ever-growing army of bitcoin fans and users. So, the title of this series was to bear for each of his personal history.                               
 And finally, the final third, smallest and most intriguing series, consisting of only 5 coins of 5 GBTC each, is called "who is Satoshi". The description to the title, I'll leave without comment.   

    Now a separate Chapter I want to talk about the design of the main series consisting of 400 coins 1 BTC.
 *The weight of each of 5.55 grams. Material gold 999,99 samples. The size of the centers of 2.57 mm. Shape-round.
*On the face of the framing on the edge of all the coins with a thickness of 1.3 mm. toward the left side is engraved the denomination of the coin 1, the size of 1/2 of its width. From the center 1 there is an inscription-bitcoin, indicating its relationship with this cryptocurrency.
* Below is an image of a medieval knight's helmet with a sword towering over it ready to strike, embodying the ability not only to defend, but also to fight. The sides of the helmet to the middle of the coins at the edges raspravleny wings as the spirit of freedom.     
    On the reverse side of the coin as well framing along the edge of the circle of coins with a thickness of 1.3 mm. Underneath the perimeter of the label:   *GOLD COIN 999,99*BITKOIN*DIGITAL*DECENTRALIZED*PER TO PER*   
    The remaining free volume of the coin area is occupied by the image of the picture of the chip of the computer processor depicted by the rings symmetrically framed. In the center of the 3/5 coin letter B, crossed out by type$, as not a vowel symbol bitcoin.         
  On the edge alternately, with intervals, stamped sample: 999.99 and the year of issue of the coin, which will vary from 2019 to 2022. ( As an indicator of rarity in the number issued in a particular period) * all coins will be supplied in a transparent plastic, round, openable case.       
   Further information concerning the project, as well as answers to your questions and so on, I will post in this post. For ordering and purchase, please contact in person.
I'm also on Twitter  : @smalsamu and Facebook:
https://www.facebook.com/profile.php?id=100033968599840

With respect to all,  smalsamu!