Oh Actually just read about coinographic. Yes everyone has been stung by the fall in Bitcoin price but if you are going into a business with precious metal and bitcoin its very important in the current climate to not hold the monies in bitcoin. Remember I said:
I will take payment in Bitcoin for the 275 GBP to start with in bitcoin based on the sell rate on
www.bitbargain.co.uk This is so I can convert the BTC to FIAT immediately and hence you will not be getting any updates like 'sorry I kept all the sales money in bitcoin and the price crashed so all your money is gone' which is what I summarised in the coinographic episode.
Anyway I have been in the physical side of things for 2 years now and still going and still passionate about it. I am confident this series of coins will initiate some good press for bitcoin.
What about funding the coin? What if BTC price shoots up even 10-15%? Wouldnt it make sense to wait until the coin is made and then fund it right when each coin is ordered? Doesn't that seem to be the only way to protect your business and the customers at the same time?
Seems like you want to avoid the same preorder setup coinographic had...