Topic: Profit by Investing in the Diamond business (Read 1967 times)

I do not think you can do diamond business without the company. You must have company in India, which do that. Plus company must have all certificates for this type of business. And this thread must be also in Lending section. 

Someone got their numbers wrong. Learn your math.
$1 -> 500$ would equal 50 000% (I think that anyone wouldn't mind having this profit margin  )
$100 -> 500$ would equal 500%

Also I highly doubt that this is legitimate. There were just way too many scams around here.

Thank you for the clarification, Andy.

Hi All,
I am not a Bitcoiner like you guys but I am a real diamond miner and came across this link while searching on google.
I get so steamed up when I see nonsense like this. All the scams and con artists out there taking money from people while the real deal miners have a tough time to convince an Investor that our proposals are not a scam.
My 2p's worth
Andy

Any diamond that is changed in any way shape or form does not have a real retail price, Laws require you to declare any and all enhancements. With that the price goes out the window.

Dear friend,

                Try not to be so ignorant. Also, read with a little more care.

Don't be so hasty to judge, it is unwise.

Black or brown diamonds are cheap and mainly used for industry not for jewellery nice try.

"The operation shall be run from Surat Gujarat India."

"Yup not registered with the UN to prevent conflict diamond trade."

India has been a part of the U.N. agreement since 2003 in which it is mandatory to register in order to Deal in Rough Diamonds to prevent Blood diamonds from entering the market.

You have just admitted to breaking U.N. Mandates and basically saying your an Illegal Diamond dealer.

This thread is illegal and your a piece of shit Blood Diamond dealer. 
Good day fuck you!

Ok, noted My friend.

Believe it or not, I would'nt be surprised if you are for real, if you are, and I were you, I'd forget writing anything that show's your weakness's that other's may exploit..

 

It is so great to have understood more about u.

Sound's to me like you could cover it all yourself.

A psychologically minded person would read your sentence regarding clearing cache of web browser and hence losing your passwords. In my opinion, I cannot trust you to remember your own password, never mind where you sent my diamond's.

Yup not registered with the UN to prevent conflict diamond trade. It's pretty moronic to believe a small trader would get the same done. The investment amounts we've talked about are pretty small. There are traders that deal with much bigger amounts.

Also 500% profit is according to the process but there will be other supporting costs too. Also this is possible for as long as the trader is a small time trader as the trader becomes bigger he'll end up holding bigger stocks and lower sales proportionally.

There are a lot of small time traders in Surat who run businesses with fiat =1000 BTC at current rate.

This thread is illegal according to the U.N.

http://en.wikipedia.org/wiki/Kimberley_Process_Certification_Scheme

Compliance[edit]
Requirements[edit]
Each shipment of rough diamonds crossing an international border should be:
Transported in a tamper-resistant container.
Accompanied by a government-validated Kimberley Process Certificate.
Each certificate must be resistant to forgery, uniquely numbered and describe the shipment's contents.
The shipments are only supposed to be exported to other KPCS participant countries.
Failure to comply with these procedures may lead to the removal of the non-complying member country. If any concerns arise regarding a country's adherence to the scheme, they must be investigated and dealt with by the World Trade Organization.

This guy i'm sure is not Registered for the rough Diamond trade with the U.N.

There are any number of people actively looking to invest in viable diamond mines and businesses.

This guy is an (amateur) scam artist.

Very amateur.

"a gain of 500%"


Bullshit.....just straight up Bullshit. First of all if your profit Margin is 500% you wouldn't need an investor and would be filthy rich in no time at all. Not even the Drug trade has a 500% profit. Debeers corporation don't make 500% and they mine them.

Second if your profit margin is 500% then you are involved in smuggling and killing for the Diamonds and the Words "Blood Diamonds" comes to front.
Bullet=$1
person who has Diamond worth $500
Shoot person with $500 Diamond
Sell Diamond=500% profit

So you are either a Liar or a filthy evil person who capitalizes on the suffering of the Blood Diamond trade. Either way you suck.

lol 500% you silly fuck.

It's not just about being cheapest, Surat is the best place in the world to get this high skill work done. Some go even so far as to say, all diamonds in the world have traveled through Surat.

If you wish to see a sample I could courier one to you. But It'll definitely be a paid delivery, unless I'm sure of someone getting ready to invest I wouldn't like to invest a lot into the relationship.

1: You get what you pay for, sometimes, cheapest is'nt alway's best, especially in the diamond field, quality and experience of polishing to a high standard take's a few year's, if they've just bought the gear..?

The second sentence killed any chance of anyone taking any bait in my opinion..

I would send a sample first if I was you, a genuine one, just to raise the stake's lol..

It would be best to do this in surat as it is the cheapest place in the world for polishing. Israel is 2nd.

Sorry I've changed my username a few times, since I've lost my password. I'm an older member as such. Also (I just lost my login again after clearing private data on my browser so now have a newbie id again).

The issue about trust could be managed using escrow etc better if we have a Texan on board too (i.e. a citizen of Texas, that is where the facility of the US lies. i.e. the one I have experience with.)

I agree trying hpht processing in surat may be a risk. I'll test it using a small batch, the people of Gujarat are highly enterprising and would have probably figured out how to use them machines by now.

I have not been doing this continuously for 2 years, I did it 2 years back and then as I was working on a cloud based collaboration environment for teams(a different startup)I didn't have time to continue doing what would get me good profit regularly and went to do a startup that had a technical element to it (maybe so it'd justify my engg degree) which was a risky dot com dream.

Also last time I did this I invested 6 BTC it is better to have  a higher investment as sending 3 carats of diamonds and sending 30 carats of diamonds cost the same only the customs duty is proportional to the amount of diamonds sent but still pretty cheap in India like Israel which too tries to keep the diamond trade environment conducive for business.

You could google and learn about all that I've said. Also I feel things would be much more professional if the investment is made legal...not social contract legal a serious contract valid in indian and international court of law. There is room to have 49% international investment and control for a business run in India.

Also if there are people who'd like to become trading partners in their own countries, It's be good to have regular buyers who use Crypto. Although is not vital for running the business.

A lot of good questions have been asked. It's best to make an educated decision so plz let me know if you need any other clarification.

It might be nice to start the exchange now but it being a new avenue  might require me to do better R&R/research.
Also without the diamond stock backing the exchange's currency it does not have a Unique Selling Point which I feel should really push the exchange in a good light.

Go to the below mentioned link.
Pledge an amount for now It'll help us understand how many investors would it require.

https://www.ethercalc.org/ojibxajbgy


More about hpht color enhancement: https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&uact=8&sqi=2&ved=0CC4QFjAC&url=http%3A%2F%2Fwww.hphtdiamonds.com%2Ffaq.html&ei=as4-VJaQMNiRuASuyID4Bw&usg=AFQjCNFzy-2gb-aJd2BHl8n56BtZOva2QA&sig2=KwnjDlWI8VnJmI6_5K1Yyg

How can you turn a brown diamond into a different colour? Surely if it's brown then it stays the same?

Based on your first paragraph, you already have the contacts, data means nothing, and with at least 2 years experience in your previous run, you should have enough to kickstart yourself.

Why would it be best to do whatever in surat?

With regards to 32btc being enough to start pushing bulk quantities, this may be true, but when you say later, (no profit for at least a year) how much later? I mean surely we'd have to complete all stages necessary to realise the actual profit? It takes a year to get past the first step, how long for the second, third etc?

As for the exchange, it should be set up already for investors to 'see' what they're investing in no?