Silver and Bitcoin are within pennies of each other. One single bitcoin can essentially be traded for one troy ounce of silver at market prices. This is monumental news for silverbugs and bitcoin advocates alike.
Bitcoin mentioned around Reddit: WTT some silver for 1/4 ounce gold coin, I also have $100 of either Bitcoin or Litecoin I would like to add to my form of payment if possible, if not I can just do Silver. /r/Pmsforsale
Gauging interest on a USA Group Buy - One Dozen Silver Physical Bitcoin Halfs (2013) 0.5 Bitcoin on 0.5 Troy Ounce of .999 Fine Silver
On casascius.com, these go for 1.9 btc plus .5 btc shipping in the USA if you order a SINGLE. Arithmetic tells me that the total cost of ordering ONE would be 2.4 btc. If we did a group buy, a DOZEN coins cost 15.6 btc. Divided, that is 1.3 btc each, and shipping about .1 btc (here I am guessing, but it really can't be more than .1 btc to ship a little coin w/in the US, can it?) I'd charge a .05 management fee on each coin for doing the organizing, ordering, re-shipping, etc. This seems to be cheaper than the management fee for other group buys I've seen on this /r (referencing this group buy, of which I was a part). Also if shipping is more than .1 btc, I'll take the rest out of my management fee (again, can shipping a coin seriously cost more that ten bucks???) So basically in a group buy, you'd get a .5 btc Casascius Silver Coin for 1.45 btc instead of 2.4 btc if you ordered a single. So again, arithmetic tells me that you'd be saving .95 btc. Right now I'm just trying to gauge interest. I am not John K Escrow, nor do I have any history of escrowing, but if interest is high enough I'd be willing to link my FB page, LinkedIn page, give you my gmail address, prove where I work (a non-profit in Seattle), etc. Whatever people needed to feel comfortable. So let me know if there's interest. I just got in on a group buy for the 1btc silver coins but the buyer was located in the UK so shipping was an extra .1 btc for the US (making total shipping .25). FYI, same link as before :-) These .5 btc silvers are more affordable that the 1 btc coins, and shipping should be cheaper if we keep it in the US. Also, I heard of another group buy for the 1btc's a little bit ago in the US, but for some reason they were more expensive than the UK buy (which is sort of why I'm here, I understand there is a premium on trustworthiness in btc forums, but I think I can give you enough info for you to trust me and not charge out the ass for it). Anyway, let me know what's up. I'm in for one .5btc coin (maybe 2), so if we can get people interested in 10-11 more, we could all save .95 btc and get some badass coins. Flip it on eBay or BitMit if you want. You're saving almost $100 USD; you can still sell it for $50 above what you paid and whoever buys it will be getting $50 off what they'd pay on casascius.com. Here's the link for the lazy or for the opposite of lazy who want to do their own math: https://www.casascius.com/ So, please let me know if you're interested and we can make this thing a "go". If we get enough interest I'll create another "official ordering" post. Questions and comments are appreciated. Thanks!
1 Troy Ounce .999 Fine Silver DIY Physical Bitcoins (low markup from spot)
Imgur Low cost, DIY, 1 troy ounce of .999 fine silver, 1/10th Bitcoins (unloaded) The goal here is to provide these as at close to spot as possible so people can purchase multiples for storage and gifting of silver and BTC gifts. Of course there are incremental fees that include die creation, hologram, airtight capsule, profit, etc. The batch is 1,000 coins and each one comes with 1 hologram and an airtight protective capsule. The coins use our 1/10th BTC die for the front and a new die created for the reverse to provide a recessed area for hiding a private key under the included hologram so the end user can load the pieces with Bitcoin. http://finitebydesign.net/product/1-troy-ounce-of-999-fine-silver-diy/ Pricing: Singles = $40 each 10 pack = $35 ($35.00 each) 25 pack = $750 ($30 each) 100 pack = $2550 ($25.50 each) Shipping and handling: US = $10 Intl = $25
5 - 1 troy ounce .999 fine silver Bitcoin Physical Proofs Discounted (for Community only)
Hello all, I love what has been going on here at Reddit with the BTC community! Truly an exciting time! To reward a handful of community members, I am offering a discounted price on 5 of my commemorative Bitcoin proofs. These sell for $200 each, but I am making 5 of them available for 0.23 BTC each - including shipping (limit one per person). This is an offer for those who are active in the bitcoin subreddit community only please. Here is a link to my website where you can see pictures of these beautiful proofs. http://finitebydesign.net/product/batch-1-1-troy-ounce-of-999-fine-silver-commemorative-110th-bitcoin-proof/ There are only 50 of them in existence and each comes inclosed in a protective capsule, has a custom stamped leatherette presentation case, hologram with hidden private key on the reverse side, Certificate of Authenticity identifying it as Batch 1 #x of 50, and a paper sleeve that covers the presentation case. (Due to US regulation, I am not allowed to actually fund the proofs, but there is an associated address which the customer can use to fund the piece themselves.) Please contact me through email on the website or at [email protected] and please be sure to mention the coupon code "BIT" to get this deal. Looking good community, keep it up!!!
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