Feeler - Kohai's Gold Bar

jervis

@Propagandalf I thought @nameless was busy with the spuds or was he having one hand on spuds and the other fingering his keyboard to write this damn long of a letter.... hmmmm.... or was he already using the super potato computer. WTF xD

and yeah, this makes me ecstatic @nameless

nameless

@jervis said in Feeler - Kohai's Gold Bar:

and yeah, this makes me ecstatic @nameless

and for good reason. it makes sense and it's different. this little baby Frankenstein has potential

kohai

@nameless Good points,

I'll ammend the main points to put in part of the gold fund to a reserve and to the developer's fund, excellent ideas.

As for buying the gold, it's going to be a while before I purchase them, probably after the new year for 3 reasons.

Christmas season, postal services are all crazy at this time of the year, I don't want a couple of ounces of gold "lost" in the mail.
Yes, I already factored in the Fed announcement, and it fits into my timeline, slow but steady, making sure all the volatility has gone poof before buying gold.
I don't know why gold gets such a bad rap. haha Still, the gold necklace I bought for my wife has more value now than some of the stocks I got at the same time I got the necklace :D

Of course it's for the long haul :) Hence the 30% dividends everytime we hit 1 Zec, some Burst to tide the investors over until we hit the 150% mark

kohai

Oops, forgot to put this in my other post.

Yeah, gold spot is at $1170, but APMEX has to make money too and I plan to pay them via CC/Paypal.

hehehe

nameless

Make us proud , young one !

kohai

@nameless young at heart, but I'm 35, and I feel old, like a potato.

crowetic

There were many reasons I didn't start a gold backed asset as well, and mostly because SILVER>GOLD for many reasons. But... I like the idea because it's basically my idea but with a different metal. lol.

Good luck, only thing I can say is this... DON'T YOU DARE SCAM OUR BELOVED COMMUNITY! :D

That is all! :D

Also, about the comment against mining assets, there's nothing bad about a good ol fashion mining asset, though I do like the ones that include mining other coins and converting to BURST! :)

I actually have another asset coming out soon as well. ;)

kohai

@crowetic Don't get me wrong, silver is great :) But there's already a silver backed asset hahaha

I actually love silver for the fact that I can probably get more for it per share, and price movements increase the value exponentially, but at the same time, it's a weight + shipping issue for me. The more silver I get, the heavier it is, and postal issues come into play again hahaha

I didn't say anything bad about the other mining asset, in fact, I said that I can't hope to compete against them because they're already in place and they are already offering nice returns when looking at dollar to terrabyte ratios. :D On the other hand, I already have the hardware to mine other coins and convert to Burst :D So yeah hehehe

qibucks

@kohai haha I am 51in January, that makes me THE ANCIENT ONE lmao :)

jervis

@qibucks I'm sure there are pre-historics here. So, don't be sad x(

qibucks

@jervis lmao thanks for making em feel gooooooooooooooooooooooooooood hehehehee :)

nameless

Screw age, you're all children of @nameless here :)

So, is this thing happening or not? @kohai , join us on the dark side!