Re: Exchange Methods

Figures: Stone Man
Quote from: Anonymous on July 12, 2010, 10:46:10 AM UTC

There is a massive gold prospector community in my country that sells gold nuggets on ebay.com.au

Someone purchases a gold nugget and puts the mailing address as my post office box and then receives bitcoins in return.

It seems that the nuggets can vary quite a lot in price. $1,290 AUD for 31.1 g http://cgi.ebay.com.au/48-Australian-gold-nuggets-total-weight-31-1-grams-/270605077888?cmd=ViewItem&pt=AU_Metalware&hash=item3f0151cd80

$5.50 AUD for 0.06 g http://cgi.ebay.com.au/NATURAL-CLEAN-AUSTRALIAN-SOLID-GOLD-NUGGET-0-06grams-/270599831814?cmd=ViewItem&pt=AU_Bullion&hash=item3f0101c106

How much BTC do you have to exchange for nuggets?

Also, have you thought of a website listing the reputable sellers you want to buy from (i.e. you know they are not selling fool’s gold) and the price/gram you want to pay so that scouts could make money buying these nuggets for you?

I have heard that the easier it is to participate in a transaction the more people will be attracted.

What do you think?