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mr1030

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Posts posted by mr1030

  1. I'm hoping the delay may be to bring more big partners online.  The delay doesn't surprise me very much.  This is a very ambitious project they are putting together,  and small delays that would increase global exposure are worth while.   It wouldn't surprise me if the wallet software needed some polishing as well.  Hoping some solid information will come out in the next few days.

  2. I personally like the idea of them giving the little guys the first opportunity to buy the KVT's before institutional buyers. Think of all the big name IPO's over the years where the little guy couldn't even try to buy at the initial price because the big money had first crack at it and drove it sky high.   And I also believe there has probably been a decision made to offer any unsold KVT's to institutional investors after a certain date.  With the business model they are bringing to market, I think Kinesis is better served by having thousands of individual KVT holders who are vested in the business, want it to succeed, will use the system themselves and tell their friends and relatives to do the same, rather then one or two institutional investors who just look at it as an investment entry on their books.  The size of Kinesis' marketing team increases with every new individual KVT owner.  As was said above, they far exceeded the soft cap $ amount that was needed to launch the system, so I am not concerned that it won't happen.  Is it high risk?  Certainly.  There is always the chance that it won't accomplish wide scale acceptability and usage.  But if it does, that high risk gives a high reward.  I look at this as a high risk venture capital investment without my having to have the big $ that the usual venture capital investor has to have to play in the game.  FYI, I have bought KVT's.  

  3. Inferior offering from what I could see from their website.  The Lode Coins (their version of KVT's)  seem to increase in value based on market cap and velocity of the AGX coins, but where is the incentive to use the AGX coins for transactions?  Beyond the volatility in using just silver to back their currency, their AGX coins don't offer a yield structure to encourage their use like Kinesis does.  The whole system does not seem to have been fleshed out any where near the extent that the Kinesis system has to increase its chance of success as a viable monetary system.

  4. On 28/09/2018 at 17:50, Lowlow said:

    250 Walking Liberty half dollars (90% silver 10% copper, U.S. 50 cent pieces, 0.50$us/face value, 0.715 troy ounces of silver each, minted as currency between 1916 and 1947, available as "junk silver" or "constitutional silver" in the U.S., widely available with very low premium over spot, nicknamed "Walkers" by junk dealers, same basic design as a U.S. silver eagle)

    SJ90_50C_WALKR_RL_CR-02-popup.jpg

    Congrats!  I'd love to have a large pile of walkers like that.  My 90% stack is a lot smaller then I would like.  But I think its .715 oz silver per $1 face value, so .715 per 2 halfs.

  5. On 06/09/2018 at 10:44, Numistacker said:

     Bought a raw one of these today but will grade in due course.2B831E05-5E68-494A-98D3-6ACDAD47D543.thumb.jpeg.89fe563843abeb13b746dad58e77dd44.jpeg

    I tried to order one of these while I was on the road on my mortorcycle trip.  In the 30 seconds between when i hit the buy button, and bringing up my cart and finalizing the purchase, "No longer available".  My friends standing around near their bikes were a bit concerned when I started cursing up a storm.  Very disappointed to say the least. I missed out on the BU last year as well.  Congrats on getting one.

  6. @caloundracats  I ordered the Britannia statue and the St George and the Dragon statue directly from their site https://silverstatues.com   The other two statues I have I bought from Jm Bullion I believe when they had them on sale.  I know APMEX carries some of them as well.  The Britannia and St George were shipped from their US facility in Georgia.  I know they have some type of office in Texas as well, as I received a followup email today from a company representative there, checking in with me to see if the package arrived and how satisfied I was.  I wish I had more info for you as far as a convenient way for you to order from GB.  I'm really surprised to hear that some of their items are only available in the U.S.  I find it hard to believe they don't have a product center somewhere in the E.U.  I would recommend asking them it they have a distribution partner somewhere in Europe that would make it easier for you to get any of their products.

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