Hi Anon,
it would be great if you would ship the silver also to Europe. We would have to pay VAT anyway. Think about it.
I will promote your silver-gateway also in my Blog.
Best regards
Topic: NXT Silver Bullion Gateway Gateway Updates and Information - page 8. (Read 12397 times)
+1 off brand
Very good idea, I vote for off brand!
+1 for off brandi live in the EU and therefore i vote also for gold because of VAT
repost:
All,
People that have running projects other than marketing please let us know what your project is.
We want to have a view on all projects and consider bounty for them.
https://bitcointalk.org/index.php?topic=453935.new#new
for marketing projects please go here:
https://bitcointalksearch.org/topic/m.4465984
Very good idea, I vote for off brand!
hey,
just a hint: in order to show Average Joe how this is going to work it would help to add some information on the procedure and what nxt/ colored coins/ assets have to do with it. maybe this would attract also beginners in that matter.
just my two nxts
just a hint: in order to show Average Joe how this is going to work it would help to add some information on the procedure and what nxt/ colored coins/ assets have to do with it. maybe this would attract also beginners in that matter.
just my two nxts
off brand pls
If you are in the US an MSB is not needed for a bullion company however there are still rules regarding AML and KYC under the Patriot Act. Basically if you accept a certain amount of cash for bullion or buy certain types of PM from customers then you have to report it. It is certainly up for interpretation if crypto-currency is like cash or not. You are supposed to have AML and KYC policies in place for that.
Also if you intend to not fully sell but issue some sort of on demand precious metals certificate you are subject to SEC/ Futures regulations. You don't want that. The less regulation way is to provide storage for customers that purchase your bullion but don't take delivery. Don't call it anything that can remotely be considered a financial instrument.
Good Luck.
Also if you intend to not fully sell but issue some sort of on demand precious metals certificate you are subject to SEC/ Futures regulations. You don't want that. The less regulation way is to provide storage for customers that purchase your bullion but don't take delivery. Don't call it anything that can remotely be considered a financial instrument.
Good Luck.
maybe ill do the best of both worlds. maybe ill make my own brand of silver bars. ill just buy shot and build my own foundry and make my own bars out of it. i always wanted to get into that anyway and my rep here combined with my business idea may make my bars actually marketable. i could keep cost down and have an inexhaustible supply of perfectly fungible product.
but would the landlords let me build a foundry in the back yard.... hmm i could always ask i guess.
but would the landlords let me build a foundry in the back yard.... hmm i could always ask i guess.
I hope this project doesn't eat all your energy because you are one of the most important people for Nxt.
The way i see it this project it's self will add a lot to next. I'll probably try to expand also and run a BTC gateway. If it really takes off than ill get a MSB license and do a fiat gateway also. All very important things for the long term prospects of nxt.
maybe ill do the best of both worlds. maybe ill make my own brand of silver bars. ill just buy shot and build my own foundry and make my own bars out of it. i always wanted to get into that anyway and my rep here combined with my business idea may make my bars actually marketable. i could keep cost down and have an inexhaustible supply of perfectly fungible product.
but would the landlords let me build a foundry in the back yard.... hmm i could always ask i guess.
but would the landlords let me build a foundry in the back yard.... hmm i could always ask i guess.
I hope this project doesn't eat all your energy because you are one of the most important people for Nxt.
maybe ill do the best of both worlds. maybe ill make my own brand of silver bars. ill just buy shot and build my own foundry and make my own bars out of it. i always wanted to get into that anyway and my rep here combined with my business idea may make my bars actually marketable. i could keep cost down and have an inexhaustible supply of perfectly fungible product.
but would the landlords let me build a foundry in the back yard.... hmm i could always ask i guess.
but would the landlords let me build a foundry in the back yard.... hmm i could always ask i guess.
Hi Anon,
I like the idea very much. There are a view things that I like more than Nxt, one of them is silver. One of the most undervalued assets right now.
I don´t like silver shot, I would prefer off brand silver.
So great idea Anon, I hope this get´s an sucessfull rollout! Would be very interested.
I like the idea very much. There are a view things that I like more than Nxt, one of them is silver. One of the most undervalued assets right now.
I don´t like silver shot, I would prefer off brand silver.
So great idea Anon, I hope this get´s an sucessfull rollout! Would be very interested.
Why?
Anon, what do you think are the cons of shots?
Its less liquid, less portable, a scale is required to determine its value and im not entirely sure how to determine its authenticity. I'm going to have to search around on that last point.
The advantages are that its perfectly fungible, highly dividable, and ill know for sure that its authentic because ill buy it directly from a refinery.
http://www.howtobuysilver.com/types/silver-shot/
Silver shot would probably not be a great way to invest in silver. It wouldnt be great for people who actually wanted to take delivery. But it would be a really good way to denominate a financial instrument. It would be great for the people who wanted to speculate on price without actually taking delivery or find the current price of silver without wanting to take delivery on anything.
Hi Anon,
I like the idea very much. There are a view things that I like more than Nxt, one of them is silver. One of the most undervalued assets right now.
I don´t like silver shot, I would prefer off brand silver.
So great idea Anon, I hope this get´s an sucessfull rollout! Would be very interested.
I like the idea very much. There are a view things that I like more than Nxt, one of them is silver. One of the most undervalued assets right now.
I don´t like silver shot, I would prefer off brand silver.
So great idea Anon, I hope this get´s an sucessfull rollout! Would be very interested.
Why?
Anon, what do you think are the cons of shots?
Anon,
I buy pamp suisse all the time.
And a big +1 on promoting your gateway on the main thread... it will show people Nxt has traction and momentum (and you're a cool guy that deserves [and has earned] the promotion!)
I buy pamp suisse all the time.
And a big +1 on promoting your gateway on the main thread... it will show people Nxt has traction and momentum (and you're a cool guy that deserves [and has earned] the promotion!)
Thankyou for the words of support and encouragement
Anon,
I buy pamp suisse all the time.
And a big +1 on promoting your gateway on the main thread... it will show people Nxt has traction and momentum (and you're a cool guy that deserves [and has earned] the promotion!)
I buy pamp suisse all the time.
And a big +1 on promoting your gateway on the main thread... it will show people Nxt has traction and momentum (and you're a cool guy that deserves [and has earned] the promotion!)
Shipping costs are almost identical between eu countries and eu countries <-> usa, about 30% difference. For something as dense as gold the difference doesn't matter at all.
If I could prepare customs forums before hand, like by printing them off for example, rather than having to sit there and fill them out by hand at the post office than I would probably change my position on international shipping.
Shipping costs are almost identical between eu countries and eu countries <-> usa, about 30% difference. For something as dense as gold the difference doesn't matter at all.
Gold would be much more popular than silver for EU countries because there's no VAT on it (no custom duties also). There's VAT on silver (up to 25% in some countries) which kills any profitability and most of the interest.
Its probably better that specialists arise to fill the niche in each region. It doesn't make a lot of sense for you to pay international shipping to have me ship my gold to europe when someone else trustworthy located in europe could issue his own instruments and you could buy his and redeem his instead. I have this idea of maybe making a federation with members in different parts of the world but that would be a project for the future.
Gold would be much more popular than silver for EU countries because there's no VAT on it (no custom duties also). There's VAT on silver (up to 25% in some countries) which kills any profitability and most of the interest.
Wow! This sounds awesome!
Hey 2kool, do you mind if I advertise my business twice per day in your "NXT :: descendant of Bitcoin - Updated Information" thread?
Be my guest. It's not "my thread". It's the community's thread.
Jump to: