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With the now farcical pressuring of silver and gold pushing prices to 8 week lows, here's a method to perhaps turn the tables on the criminal cartel. Over the past year we've converted bullion to Bitcoin at $20, $200, and even $900, so that we might 'mine' more metal by selling the very quick and often substantial surges in the Bitcoin exchange rate. This 'trade' has proved rewarding; less than ten days ago we swapped 100ozs of silver and netted 4.5 Bitcoin. Today, 4.5 BTC sold at $675 will buy us back 130 ounces of silver -- get it? If you're interested in leveraging an idle coin or bar and making a similar exchange yourself, please track us down today or Monday at The Cambridge Show in Vancouver. We can help you activate a wallet, charge it with bits, and then share our method of when and how to reverse the trade so that you can potentially stack more metal at these almost-free prices. For us, riding the free and fair bid for Bitcoin has been a wonderful modus operandi to add ounces. We can facilitate an exchange with our new mobile Coinkite point of sale terminal, which doubles as an ATM and synchs-up with a very cool debit card. These terminals make accepting and trading Bitcoin extremely easy and affordable, and the fees you might earn with one of your own (in exchange 'mode') can help you pay for it. We have a few machines for sale and plenty of debit cards (Sovereigns and BTC are welcome). Reply now to arrange a trade, or a Coinkite demo, or just to sit down and chat about this fascinating technology. Cheers!
Replay: In 20 years, we'll talk about Bitcoin like we talk about the Internet today
From an interview earlier this month w/ Marc Andreesen (co-founder of Netscape): "Bitcoin didn't come from Citibank; it didn't come from the Federal Reserve; it didn't come from Visa. It came from the fringe. And now Bitcoin is in the early stages of mainstreaming today. And the signs that it's in the early stages of mainstreaming are mainstream venture capital firms funding mainstream startups, employing mainstream engineers to build services that'll be used by mainstream people. You've got big companies that are not yet doing a lot with it, but are looking very seriously at it. So every big bank has people that are trying to figure out what to do with Bitcoin; every big e-commerce company has people that are trying to figure out Bitcoin."
Legendary Investor Jim Rogers Regrets Not Buying Bitcoin
"I do know that the world has serious currency needs and serious currency problems. The U.S. dollar has dominated the world for the past 70 to 80 years. Somebody is going to stop using the dollar eventually. We need something to compete with the U.S. dollar, and something to replace it eventually. Whether its the bitcoins, the RMB or seashells, I have no idea."
Dish Network Says It Will Accept Bitcoin
"Accepting Bitcoin is about all these things - marketing, branding and acquiring new types of customers," said Gil Luria, an analyst with Wedbush Securities. "I don't think there are a lot of customers asking Dish for Bitcoin by name, but that doesn't mean Dish won't get some new customers now that they accept Bitcoin because those customers see Dish as a friendlier, more forward-thinking brand." (Overstock.Com did over 100 transactions on its first day accepting Bitcoin)
More $$ finding Bitcoin Innovators
Newnote Financial (CSE:C.NEU, Stock Forum), a Vancouver-based provider of crypto-currency financial products and Bitcoin financial solutions, announced today that after selling out its initial mining capacity in just 12 hours, the company has added another 100 terahashes to its cloud-hashing capability.
Former ECB Board Member: World Financial System 'pure fiction'
Former Bundesbank vice president and former European Central Bank board member Jurgen Stark told a conference held by the Ludwig von Mises Institute in Munich this month that the entire world financial system is "pure fiction" and vulnerable to collapse, built on the premise of infinite money created by central banks without regard to the goods and services available.
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Sovereign Bitcoin Exchange Inc.
Steven Merrill, President
www.sovereignize.net
phone:
778.835.7667
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Engage a Rich New Audience; Reconcile to your Private Account; Settle for Metal at Any Time. The Sovereign Exchange was founded by Steven Merrill and a small network of individuals from across British Columbia with a vision to embrace Austrian economic principles and provide a sound and stable payment facility than be trusted for commerce and used to store wealth.
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