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Topic: Selling 1 oz Silver Rounds for bitcoin (Read 3571 times)

donator
Activity: 213
Merit: 100
SEIZED by Gunthar
July 13, 2011, 11:45:28 PM
#11
Trader Steve, I sent you a PM.
jr. member
Activity: 32
Merit: 10
July 02, 2011, 11:17:03 AM
#10
Hi Steve,

I am interested in purchasing some silver rounds....

Ill PM you with details.
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
June 25, 2011, 11:49:16 PM
#9
I heard that if everybody who thinks they have stock in silver actually tried to buy real silver, then silver would be worth 5 times as much as gold. Any way someone could verify this? Is buying silver basically just playing a waiting game?

The Comex market is a "paper" market and the futures contracts often outnumber actual silver by a significant multiple. This allows some of the big players to move the markets and influence it short term. Eventually, though, they can't withstand market forces and there could be a violent move up in silver prices. I like to think of bitcoin like silver - both have potential for even more dramatic upside moves. We shall see. Huh

Trader Steve
sr. member
Activity: 500
Merit: 253
June 25, 2011, 08:27:10 PM
#8
I heard that if everybody who thinks they have stock in silver actually tried to buy real silver, then silver would be worth 5 times as much as gold. Any way someone could verify this? Is buying silver basically just playing a waiting game?
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
June 25, 2011, 05:00:39 PM
#7
 A couple of other reasons for selling bullion:

In addition to simply acquiring bitcoin, I see this as a way to provide liquidity to the community and help "complete the circle" so that people can cash out of their bitcoin into the most liquid currency of all: precious metals - without ever having to exchange into a national currency. This helps boost confidence in bitcoin as well.

I have a selfish, long-term interest in seeing bitcoin succeed: my own liberty depends upon it. A free monetary system enables free markets which enables individual freedom. Give me liberty or give me death!

Trader Steve
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
June 25, 2011, 04:51:20 PM
#6
TraderSteve --

Not to be unpleasant, but you seem rather new around here...do you have any ideas about how you'll establish a firm reputation around these parts?


Yes, honor my word.  Smiley

Trader Steve
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
June 25, 2011, 02:52:42 PM
#5
Yes, I'm new and building a reputation with several winning transactions with several references already. I have bullion but need to own some bitcoin to diversify. I figure there's a few folks out there that have some bitcoin but need to diversify a little into bullion. Win-win! Now you can say that bitcoin is truly backed by gold!

Trader Steve
sr. member
Activity: 392
Merit: 250
June 23, 2011, 02:11:43 PM
#4
TraderSteve --

Not to be unpleasant, but you seem rather new around here...do you have any ideas about how you'll establish a firm reputation around these parts?

Don't take offense -- It's something we all have to deal with, especially exchange businesses and those selling big-ticket items.

It's the wild west... "Caveat emptor" is the rule to live by, always.

Matthew
full member
Activity: 126
Merit: 100
June 23, 2011, 11:49:45 AM
#3
Man, I would LOVE to own some silver. But the fact that you have silver and would rather have bitcoin makes me want to keep my bitcoin.

Shouldn't that keep you from buying anything?
sr. member
Activity: 500
Merit: 253
June 23, 2011, 04:50:29 AM
#2
Man, I would LOVE to own some silver. But the fact that you have silver and would rather have bitcoin makes me want to keep my bitcoin.
hero member
Activity: 836
Merit: 1007
"How do you eat an elephant? One bit at a time..."
June 22, 2011, 05:58:34 PM
#1


Currently selling Silver Rounds (1oz Troy .999 Fine) @ 2.37 BTC each with FREE shipping to anywhere in the USA. Plenty of references, ClearCoin Escrow okay. Price subject to change until your order is placed and price locked.

Limit: 20 oz per order while supplies last.

PM me if interested.

TraderSteve
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