{"id":232,"date":"2014-06-07T01:19:00","date_gmt":"2014-06-07T01:19:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/seller-seeks-2-million-in-bitcoin-for\/"},"modified":"2014-06-07T01:19:00","modified_gmt":"2014-06-07T01:19:00","slug":"seller-seeks-2-million-in-bitcoin-for","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2014\/06\/seller-seeks-2-million-in-bitcoin-for.html","title":{"rendered":"Seller seeks $2 Million in Bitcoin for real Yukon gold mine"},"content":{"rendered":"<div style=\"text-align: justify;\">\n<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<a href=\"http:\/\/media.coindesk.com\/2014\/06\/Arthur-Chapman-3.jpg\" style=\"margin-left: 1em; margin-right: 1em;\"><img loading=\"lazy\" decoding=\"async\" alt=\"yukon gold mine\" class=\"aligncenter size-full wp-image-93656\" src=\"http:\/\/media.coindesk.com\/2014\/06\/Arthur-Chapman-3.jpg\" height=\"300\" width=\"400\" \/><\/a><\/div>\n<p>\n(<a href=\"http:\/\/www.coindesk.com\/2-million-bitcoin-yukon-gold-mine\/\">CoinDesk<\/a>) The unnamed parent company of a Yukon, Canada, gold mine is now for<br \/>\nsale on high-end bitcoin-only marketplace BitPremier for an asking price<br \/>\n of $2 million in BTC.<\/div>\n<div style=\"text-align: justify;\">\n<a href=\"https:\/\/www.bitpremier.com\/1-other-luxury-items\/540-profitable-gold-mine-dawson-city-yukon\" target=\"_blank\">The listing<\/a>&nbsp;indicates that the more than <a href=\"http:\/\/www.coindesk.com\/price\/\">3,000 BTC<\/a><br \/>\n price tag includes the gold mine itself and all its associated assets,<br \/>\nincluding $1 million worth of actual mining equipment, the rights to one<br \/>\n mining property and the lease agreement to another mining lot.<\/div>\n<div style=\"text-align: justify;\">\nThe ad suggests that the purchase could be a profitable one for the buyer as well, stating:<\/div>\n<div style=\"text-align: justify;\">\n<blockquote>\n<blockquote class=\"tr_bq\"><p>\n\u201cAny new buyer could recoup their initial investment in as little as two mining seasons.\u201d<\/p><\/blockquote>\n<\/blockquote>\n<\/div>\n<div style=\"text-align: justify;\">\nThe<br \/>\n listing indicates that the company earns $1m annually in sales and has<br \/>\nthe potential to produce 3,000 to 4,000 ounces of gold per year.<\/div>\n<div style=\"text-align: justify;\">\nIn<br \/>\n a bid to encourage more novice bidders, the current owner further said<br \/>\nhe is willing to stay on to manage the property for up to five years to<br \/>\nensure the operation runs smoothly.<\/div>\n<h2 style=\"text-align: justify;\">\nRecord-setting sale<\/h2>\n<div style=\"text-align: justify;\">\nThe listing is just one of the many high-end items that have been listed on BitPremier\u2019s website since it launched in <a href=\"http:\/\/www.coindesk.com\/luxury-marketplace-for-bitcoiners-launches\/\">May 2013<\/a>, but if completed, it would be the largest facilitated by the e-commerce company to date.<\/div>\n<div style=\"text-align: justify;\">\nThe most expensive purchase on the platform was completed in March, when a villa in Bali, Indonesia <a href=\"http:\/\/www.coindesk.com\/500000-bali-villa-sold-biggest-bitcoin-purchase\/\">sold for $500,000<\/a> in what was believed to be the single largest <a href=\"https:\/\/holytransaction.com\/page\/what-is-bitcoin\">bitcoin<\/a> purchase ever.<\/div>\n<div style=\"text-align: justify;\">\nIf completed, the $2m gold mine sale would surpass this figure, potentially setting two new records in the process.<\/div>\n<h2 style=\"text-align: justify;\">\nBitcoin meets gold<\/h2>\n<div style=\"text-align: justify;\">\n<\/div>\n<div style=\"text-align: justify;\">\nNotable<br \/>\n for its size, the gold mine listing is also indicative of how bitcoin<br \/>\nhas become more widely accepted in the precious metals community.<\/div>\n<div style=\"text-align: justify;\">\nEarlier this year, <a href=\"http:\/\/www.coindesk.com\/bullion-bitcoin-launch-gold-bitcoin-exchange\/\">Bitcoin Bullion<\/a> launched a gold-to-BTC exchange, while financial personality Peter Schiff announced in May that his gold and silver outlet <a href=\"http:\/\/www.coindesk.com\/bitcoins-newest-merchant-peter-schiff-gold-better-btc\/\">Euro Pacific Precious Metals<\/a> would begin accepting bitcoin due to market demand.<\/div>\n<div style=\"text-align: justify;\">\nFor more on how bitcoin bullion dealers are looking to expand their services into new and potentially lucrative markets, <a href=\"http:\/\/www.coindesk.com\/bitcoin-bullion-dealers-seek-asian-market-entrance-singapore\/\">read our most recent report<\/a>.<\/div>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>(CoinDesk) The unnamed parent company of a Yukon, Canada, gold mine is now for sale on high-end bitcoin-only marketplace BitPremier for an asking price of $2 million in BTC. The listing&nbsp;indicates that the more than 3,000 BTC price tag includes the gold mine itself and all its associated assets, including $1 million worth of actual [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,37,76,468],"tags":[704,764,1126],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Seller seeks $2 Million in Bitcoin for real Yukon gold mine -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2014\/06\/seller-seeks-2-million-in-bitcoin-for.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seller seeks $2 Million in Bitcoin for real Yukon gold mine\" \/>\n<meta property=\"og:description\" content=\"(CoinDesk) The unnamed parent company of a Yukon, Canada, gold mine is now for sale on high-end bitcoin-only marketplace BitPremier for an asking price of $2 million in BTC. 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