Cool post

Thanks for these informations that are new to me...@stan

Thanks for sharing many information about Quint.I have read it.in this time bitcoin and like other currency is very low point And decreasing .by the way quint is well.

QuintS has a higher premium than the Quint. This is a very useful information about QuintS and Quint. As a QuintS and Quint user shoul know this update market price of it. Thank you for sharing this post with us.

@stan I'm in now way complaining about the Quint's pricing, but those prices are for proof coins. 
Thanks for everything

Best of two worlds with this coin ✌

Sounds like fair prices. Do you know if there's a shipping charge for redemption?

Has anyone ever seen the actual gold and silver coins Quintric.com claims to have in the Utah vaults? How has this been verified and documented?

what about hryvna?)

Thanks for the clarification for this @stan.

This is one of the most exciting developments, in my opinion, that we have seen to date on the Bitshares network.

This idea has something for everyone.  It is currency so the IRS cannot hammer people about the capital gains.  

There is precious metal backing meaning that there is true value behind the coin.

It can be moved quickly anywhere in the world...meaning the primer of the financial world is greased...instead of being bottle-necked like the banking system does.

It is affordable.  We see stocks split all the time because the price gets out of the reach of the average buyer.  Having a token that is under $2 is within the reach of all.

Unlike our guesstimates of what is in Fort Knox (nothing according to many), we know how much gold is truly behind the currency that is created.

Plus there is a mandate for the government to produce as many as requested.

Isn't it ironic that the government, for all their fighting of crypto, is now complicit in creating more crypto?

I just have to laugh at that....the US Mint enables more quints to be created.

Excellent explanation, mate! Couldn't have been clearer probably hahaha.

I'm waiting for another post soon. Greetings and a hug :)

 wonderful &  awesome!

 fascinating &  pleasing!

Does anyone know why quint is overpriced or the factors that drive its overpricing?

I think those are important clues to what the future holds.

Thats for a "proof" version of the coin......
![Capture+_2018-02-25-17-38-59.png](https://steemitimages.com/DQmYDctTWwKTFfkLGM4jJkyRhWAYwzQCYJYjkEK48bdRFwq/Capture%2B_2018-02-25-17-38-59.png)

Not for an every day run of the mill Silver Eagle, i have spent $20-$22 usd on these at my local coin shop...... 

So do they have only Proof quality coins? Or the better way? BU non circulated coins in their vaults?

I was discussing Quint with my father today. Really, who is not going to talk about bring back precious metal money, and as 3 second cash no less. 

Anyway, as we chatted, I mentioned the builtin function for transactions that  makes this look nothing like an ICO.  Couple of points I want to throw out there. 


<ul><li>Bear with me a moment. 
As we know, blockchain is bigger than Bitcoin. From finance to medicine to virtually any enterprise dependent on Internet  transactions,  cryptography is being seriously considered. The U.S. government is even debating storing data on the blockchain. So if blockchain is bigger than the crypto financial space, <i>Quint would survive a Bitcoin crash that would likely take down Etherium and the rest. Correct?</i></li>

<li></li>
<li>Here was the other idea that surfaced during our conversation. <i>Will Quint be welcomed (now) by any country that stores gold and silver?</i></li>
</ul>

<center><a href="http://www.treasurenet.com/forums/gold-prospecting/276095-while-searching-gold-found-something-i-wasnt-looking.html">
![slide, utah 3.jpg](https://steemitimages.com/DQmZLCGRkKiGwaY8FAUK1QZFfHwrLN9i3x38M7sFvBEAtQZ/slide%2C%20utah%203.jpg) </a>
image<a href="http://www.treasurenet.com/forums/gold-prospecting/276095-while-searching-gold-found-something-i-wasnt-looking.html">source</a></center>

I'm sounding like I live under the reign of Stalin or Mao or Sauron!
That's because you/we are.
Please don't withdraw, we need you.

wow wonderful"No man, when he has lighted a lamp, puts it in a secret place, neither under a bushel, but on a lampstand, that they who come in may see the light."thank for resteem.......
https://steemitimages.com/DQmYFN9qNf3vNHEW1rhoqMWiKYycCmYVnF7LkULgyEvhDts/image.png

@stan wow great post.. Show me a Bitcoin. Whose likeness and inscription is on it?thank.##Upvote/Resteem###
http://1.bp.blogspot.com/-HedKPjclqDc/VJTn6ZwL8SI/AAAAAAAAFOw/fqoB2bo4uvM/s1600/Bitcoin_Christmas.jpg

This is a great development for Bitshares! I was concerned about the taxation of cryptocurrencies in the U.S. , and this is very positive news. Could someone recommend a book or two regarding precious metals and the economy? I've read the Quintric whitepaper, which is very clear, but I need a better background to understand the laws regarding the designation of precious metals as a currency. I'm very interested in this topic, and was hoping someone could help me filter through the thousands of available references (I'd prefer a non-technical book, please, as I begin to learn).  Bottom line: thank you for bringing this outstanding project to Bitshares!

Excellent friend extraordinary information. I have learned more things that I did not know about this market and cryptocurrencies, thanks for sharing, you give me a vote to support me, regards, success.

Hello @stan - This is offtopic , but still thought to bring it up. I notice most of your post is 100% rewards instead of 50/50 %. From my understanding this brings you less rewards ! 

For eg: if author rewards is 100 SBD from a post and if ones do 50/50 you will get 50 SBD plus approx 15 steem [50/3.35] per current rates.Further you trade 50 SBD for steem overall you will get around 60 Steem [50SBD =54 steem + 15 Steem ]. But if you do 100%, will get only 30 Steem (100/3.35). Post payout conversion considers 1 SBD = 1 USD not matter market value. If you have an old paid out post with 100% you will be able to validate this or wait for this payout to verify. Hope this helps.

this post is very nice..post

Mengalun bening dan mengetarkan

So, @stan,

Are you saying the price will continue to track the mint price of the Eagle Silver Proof Coin?

Songminer

The pricing strategy is one of the marketing strategies that have a great impact on achieving marketing and organizational objectives. The concerned department should formulate policies and plans and make price decisions that are consistent with environmental variables, in particular: the nature of the markets that deal with them in terms of income levels / As well as the economic objectives reflected by economic policies and economic conditions.
Therefore, the pricing strategy is of particular importance to the Organization because of its close association with its objectives, resources and revenues. Therefore, the selection and definition of a pricing strategy is a complex matter because of the complexity of the decisions and options to be taken in defining this strategy. The most important pricing strategies are the new product pricing strategy, including: Skimming pricing strategy, which means pricing at the highest possible price with a large budget to promote and reduce the price thereafter. There are four reasons for the success of the strategy:
Demand is less flexible for price h change in the first stages of product delivery to the market, unlike the situation in maturity and the emergence of competitors.
The introduction of a new product to the market at a high price is an effective way of dividing the market into parts that are different from one another in terms of the elasticity of price demand.
This strategy is safer for the organization at the beginning of a product's life.

Where high prices initially include a large abundance compared to starting at discounted prices.

Thank you for sharing this @stan, I had read about this a few days ago and I feel very positive about Circle buying Poloniex - they have a pretty solid track record and have overcome some issues in the past, so I am confident that they will do well.

I know some people who work at Circle, and honestly I was worried about them jumping on the bandwagon and launching an ICO out of thin air; not a good long term strategy. Seeing that they are buying an exchange first (maybe they won't ICO, but I presume they will do something similar to Binance if they do) is a huge positive in my opinion.

The thing is with Circle is that they will have a huge use case regarding the tokenomic properties of their tokens, and as well as that they should have relatively large volumes trading immediately due to the popularity of Poloniex.

I agree that there are positives and negatives regarding the current price of STEEM because of the acquisition, but at the same time if Circle introduced a FIAT gateway this could drive the price up.

Nice video on "why premiums exist on all coins."

https://web.telegram.org/#/im?p=@quintric

Useful information. As I've commented on the Quintric Telegraph, it would be useful to see information broken down like this in the white paper, or somewhere on the Quintric site. If it is, then my mistake. Meanwhile, as Quintric investors, we are being charged for Both the value/collectability of the proof coins and the utility of the final digital product, Yes? Also wondering, if we redeemed some of our QuintS back into the metal, would we receive these proof coins?

Stan, as I have stated in the Quintric Telegraph conversation, I much believe this very information in your (very helpful) article should be in the Quintric white paper. Is it? If not, please consider it. A page or a subsection of a page with the rubric: "Purchasing Quint - what are we buying and what do we get?"