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showcase Showcase your Royal Mint Gold domains (RMG)

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This is the time for everyone to see the new niche. Showcase your royal mint gold domains or RMG as they are called. more information here about them here will eb a blockchain much like bitcoin only real gold backing worth billions.

http://bravenewcoin.com/news/uks-royal-mint-and-cme-group-launching-gold-backed-blockchain-assets/

here are my 2

RoyalMintApp.com - obviously gonna be an app made. lol
RMGPrice.com - chose this because in bitcoin phrases it was highest searched phrase monthly behind bitcoin itself.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Apologies, I'm probably one of the culprits here. What I hoped to do was to show that there is more to aquiring Royal Mint Gold names than just adding one or two keywords to the initials RMG. You really need to understand the niche, and the mechanism involved. For example, it is unlikely that there will be coins associated with RMG, but they are associated with the Royal Mint of course. This is why the two names that I registered do not contain the ambiguous "RMG".
I registered

English.Gold - which can be used for much more than RMG
RoyalMailGold.com - because I mis-typed the phrase a couple of times.
 
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Apologies, I'm probably one of the culprits here. What I hoped to do was to show that there is more to aquiring Royal Mint Gold names than just adding one or two keywords to the initials RMG. You really need to understand the niche, and the mechanism involved. For example, it is unlikely that there will be coins associated with RMG, but they are associated with the Royal Mint of course. This is why the two names that I registered do not contain the ambiguous "RMG".
I registered

English.Gold - which can be used for much more than RMG
RoyalMailGold.com - because I mis-typed the phrase a couple of times.

I totally hear you, this exact same thing should be understood in the VR thread amongs some people. (at this point of time at least, when the niche is completely harvested, and people should think out of the box a littlebit)
 
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Ok I'm back again to this for one more time.
I sat back and thought to search further for another thing, so I went to the search bar and typed in the following:

"blockchain for gold transaction"

which returned very interesting results! Many to be accurate. After a little reading through those results I felt like I've trapped my good judgment around RMG without broadening my research to more extent by asking right questions like this:

Has anybody else tried or is trying to do something similar to what Royal Mint is promising?

The answer is yes! Actually more now than ever before. So I gathered some useful resources for you guys to ponder about.
They all revolve around what blockchain technology is and it's impact on the financial global transactions. The ongoing trials and attempts to really put blockchain technology into use.

Here are the links :

How to Use Blockchain to Buy and Sell Gold
Gold and The Blockchain - PDF
How Blockchain and Gold Can Work Together
Could Blockchain Reawaken Gold’s Role as a Payment?
Blockchain Companies Tackling The Gold Market
Buy Royal Mint gold Using Bitcoin Technolgy
Royal Mint Gold-backed Blockchain
Euroclear and Paxos Launch Blockchain for Gold Settlement in London


Other Arenas:

The second largest Chinese Insurer Company in The Country Joined The Blockchain Consortium Alongside Barclays, HSBC and Goldman Sachs
Ericsson Wants Blockchain ont Their Cloud

Also some videos trying to explain in simple terms what Blockchain is. Sure there're many to reference, but feel free to go hunting. It's all mixed up bitcoin and blockchain sometimes, but they're not the same.


So at the end it all boils down to the blockchain technology.
Blockchain, in simple terms, provides the ultimate secured transaction database system alive today.

It has two major components:

- The Open Ledger
- The database itself


By the way in one of my previous comments I pointed out that mining is a major component of blockchain technolgy. That's not correct. Blockchain is not bitcoin. That the important point here. Blockchain is the technology underpinning bitcoins and others. Bitcoin is just one of the endless applications of the blockchain. While mining is a major component of bitcoin. But I was actually talking in terms of RMG being probably used as a digital currency, just like bitcoin. However, it's very clear now that RMG is not technically a virtual currency but tokens traded internally on the new upcoming Royal Mint blockchain backed platform.


So after grazing on all of the above resources the obvious question becomes: what's the new thing Royal Mint is offering to the gold trading system, if others has already experimented on this idea?


The vague answer lurks in this article That skipped my attention.

The last part. A commercial campaign or something new?

20r48rl.jpg
Exchange ?
You are not using RMG as a currency itself. It's a proof of ownership - a digitized gold product living in their blockchain platform and traded internally. Simply put those folks are trading crypto tokens and keeping the gold at their premises LoL! I don't know.

If they're creating something similar to Bitshares, only then RMG can be converted to other virtual currencies and we might be seeing something like RMG/BTC and BTC/RMG.

I guess it's all about the blockchain revolution taking over the world, not RMG anymore.

Sorry for the lengthy comment!

Thanks to all who contributed to OP thread. :rolleyes:
 
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so blockchaingoldmine and the ing version look good!!
 
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Ok I'm back again to this for one more time.
I sat back and thought to search further for another thing, so I went to the search bar and typed in the following:

"blockchain for gold transaction"

which returned very interesting results! Many to be accurate. After a little reading through those results I felt like I've trapped my good judgment around RMG without broadening my research to more extent by asking right questions like this:

Has anybody else tried or is trying to do something similar to what Royal Mint is promising?

The answer is yes! Actually more now than ever before. So I gathered some useful resources for you guys to ponder about.
They all revolve around what blockchain technology is and it's impact on the financial global transactions. The ongoing trials and attempts to really put blockchain technology into use.

Here are the links :

How to Use Blockchain to Buy and Sell Gold
Gold and The Blockchain - PDF
How Blockchain and Gold Can Work Together
Could Blockchain Reawaken Gold’s Role as a Payment?
Blockchain Companies Tackling The Gold Market
Buy Royal Mint gold Using Bitcoin Technolgy
Royal Mint Gold-backed Blockchain
Euroclear and Paxos Launch Blockchain for Gold Settlement in London


Other Arenas:

The second largest Chinese Insurer Company in The Country Joined The Blockchain Consortium Alongside Barclays, HSBC and Goldman Sachs
Ericsson Wants Blockchain ont Their Cloud

Also some videos trying to explain in simple terms what Blockchain is. Sure there're many to reference, but feel free to go hunting. It's all mixed up bitcoin and blockchain sometimes, but they're not the same.


So at the end it all boils down to the blockchain technology.
Blockchain, in simple terms, provides the ultimate secured transaction database system alive today.

It has two major components:

- The Open Ledger
- The database itself


By the way in one of my previous comments I pointed out that mining is a major component of blockchain technolgy. That's not correct. Blockchain is not bitcoin. That the important point here. Blockchain is the technology underpinning bitcoins and others. Bitcoin is just one of the endless applications of the blockchain. While mining is a major component of bitcoin. But I was actually talking in terms of RMG being probably used as a digital currency, just like bitcoin. However, it's very clear now that RMG is not technically a virtual currency but tokens traded internally on the new upcoming Royal Mint blockchain backed platform.


So after grazing on all of the above resources the obvious question becomes: what's the new thing Royal Mint is offering to the gold trading system, if others has already experimented on this idea?


The vague answer lurks in this article That skipped my attention.

The last part. A commercial campaign or something new?

20r48rl.jpg
Exchange ?
You are not using RMG as a currency itself. It's a proof of ownership - a digitized gold product living in their blockchain platform and traded internally. Simply put those folks are trading crypto tokens and keeping the gold at their premises LoL! I don't know.

If they're creating something similar to Bitshares, only then RMG can be converted to other virtual currencies and we might be seeing something like RMG/BTC and BTC/RMG.

I guess it's all about the blockchain revolution taking over the world, not RMG anymore.

Sorry for the lengthy comment!

Thanks to all who contributed to OP thread. :rolleyes:


I did the same kind of research about two minutes. And I always think big picture and be generic as possible .

The broader picture isn't RMG completely. But the concept of

GOLD+BLOCKCHAIN

Like I mentioned earlier royal mint isn't thee only mint on the planet. Any country with a coin in its currency has the ability to ramp up its gold and silver production. That's 50 countries.

There are shops online that sell a multitude of gold offerings in coin and bullion. I can see in the future these shops adding block chain gold into their product line.

Or someone can create a shop that just deals with these what's the word? Derivatives ? Lol learned something new !


where you can look for a website that provides info on this future Gold Block Chains. wait for it.


GoldBlockchains.com
MintBlocks.com
BlockBullion.com
BlockMints.com

blocks.com 130,000 USD 2006-02-07 Moniker
smartblocks.com 6,000 USD 2015-10-25 Uniregistry
babyblocks.com 2,322 USD 2009-03-03 NameJet
concreteblocks.com 2,000 USD 2009-03-03 Afternic
virtualblocks.com 1,688 USD 2015-11-12 BuyDomains
yogablocks.com 1,500 USD 2008-09-30 Afternic
pictureblocks.com 1,150 USD 2015-06-11 BuyDomains
artblocks.com 1,000 USD 2013-05-20 Afternic

mintcoins.com 15,000 USD 2008-03-05 SnapNames
minto.nl 13,300 USD 2012-04-04 Sedo
minto.nl 13,185 USD 2012-03-23 Sedo
mint.net 8,155 USD 2007-03-21 SnapNames
minty.com 6,888 USD 2016-01-05 NameJet
minties.com 6,000 USD 2012-09-23 Afternic
mintdata.com 5,500 USD 2015-04-14 Uniregistry
mintcoin.com 5,000 USD 2014-03-02 Afternic
minted.net 4,000 USD 2016-01-07 BuyDomains
mintevents.com 4,000 USD 2015-02-27 Uniregistry

or even go very generic

ShopBlockchains.com
ShopBlockchain.com

shopworld.com 21,060 USD 2007-09-11 SnapNames
shopmate.com 15,000 USD 2014-12-03 Sedo
shopfittings.com 11,000 USD 2011-12-21 Afternic
shopvacs.com 6,800 USD 2015-05-11 Uniregistry
shopamc.com 6,099 USD 2015-06-18 Sedo
shopxinh.com 4,500 USD 2016-03-09 Sedo
shopac.com 4,500 USD 2015-07-14 Uniregistry



TheBlockchain.com sold $16K


and upon writing this post. I had an idea. and got these gems.

BlockPrices.com
MintCheap.com

:xf.wink:

there will be money in creating a portal site that discusses all the different FUTURE Mints using Blockchain to sell derivitives of their gold inventory. perhaps a website the lists them all with charts with reviews and fees and locations. etc etc.
 
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so blockchaingoldmine and the ing version look good!!

I did the same kind of research about two minutes. And I always think big picture and be generic as possible .

The broader picture isn't RMG completely. But the concept of

GOLD+BLOCKCHAIN

Like I mentioned earlier royal mint isn't thee only mint on the planet. Any country with a coin in its currency has the ability to ramp up its gold and silver production. That's 50 countries.

There are shops online that sell a multitude of gold offerings in coin and bullion. I can see in the future these shops adding block chain gold into their product line.

Or someone can create a shop that just deals with these what's the word? Derivatives ? Lol learned something new !


where you can look for a website that provides info on this future Gold Block Chains. wait for it.


GoldBlockchains.com
MintBlocks.com
BlockBullion.com
BlockMints.com

blocks.com 130,000 USD 2006-02-07 Moniker
smartblocks.com 6,000 USD 2015-10-25 Uniregistry
babyblocks.com 2,322 USD 2009-03-03 NameJet
concreteblocks.com 2,000 USD 2009-03-03 Afternic
virtualblocks.com 1,688 USD 2015-11-12 BuyDomains
yogablocks.com 1,500 USD 2008-09-30 Afternic
pictureblocks.com 1,150 USD 2015-06-11 BuyDomains
artblocks.com 1,000 USD 2013-05-20 Afternic

mintcoins.com 15,000 USD 2008-03-05 SnapNames
minto.nl 13,300 USD 2012-04-04 Sedo
minto.nl 13,185 USD 2012-03-23 Sedo
mint.net 8,155 USD 2007-03-21 SnapNames
minty.com 6,888 USD 2016-01-05 NameJet
minties.com 6,000 USD 2012-09-23 Afternic
mintdata.com 5,500 USD 2015-04-14 Uniregistry
mintcoin.com 5,000 USD 2014-03-02 Afternic
minted.net 4,000 USD 2016-01-07 BuyDomains
mintevents.com 4,000 USD 2015-02-27 Uniregistry

or even go very generic

ShopBlockchains.com
ShopBlockchain.com

shopworld.com 21,060 USD 2007-09-11 SnapNames
shopmate.com 15,000 USD 2014-12-03 Sedo
shopfittings.com 11,000 USD 2011-12-21 Afternic
shopvacs.com 6,800 USD 2015-05-11 Uniregistry
shopamc.com 6,099 USD 2015-06-18 Sedo
shopxinh.com 4,500 USD 2016-03-09 Sedo
shopac.com 4,500 USD 2015-07-14 Uniregistry



TheBlockchain.com sold $16K


and upon writing this post. I had an idea. and got these gems.

BlockPrices.com
MintCheap.com

:xf.wink:

there will be money in creating a portal site that discusses all the different FUTURE Mints using Blockchain to sell derivitives of their gold inventory. perhaps a website the lists them all with charts with reviews and fees and locations. etc etc.

Yes. After all keeping a couple of relative RMG domain names wont hurt. But remember bitcoin wasn't called as such based on blockchain neither Royal Mint with its RMG.
 
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MintCheap.com looks promising. Reminds me of NameCheap.com
You already regg'd that? Good one!
Estibot value : $85 not bad LoL!
 
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Digital gold is not gold
paper gold is not gold
gold derivatives are not gold

only one thing is gold and that is physical gold.

There is so much misinformation about blockchains - I really must put together a site about them. The Blockchain is the Bitcoin chain, and it is a unique concept. There are problems with keeping non-specific records about gold bullion because not all gold bars are of the same weight and purity.

Most of the domains that I have seen listed containing RMG are either not relevant, or unusable imho.
 
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Digital gold is not gold
paper gold is not gold
gold derivatives are not gold

only one thing is gold and that is physical gold.

There is so much misinformation about blockchains - I really must put together a site about them. The Blockchain is the Bitcoin chain, and it is a unique concept. There are problems with keeping non-specific records about gold bullion because not all gold bars are of the same weight and purity.

Most of the domains that I have seen listed containing RMG are either not relevant, or unusable imho.

That's true. Gold always sits in one place and never moves much but traded as value if you're trying to digitize it.

I found out that blockchain is different than bitcoin in term of its purpose. Bitcoin is a digital currency that utilizes the blockchain mechanism. It's mainly characterized by the "mining" component.

While blockchain is nothing but a sophisticated data structure: a decentralized database that encrypts, stores, and replicates transactions records "chains" on public ledgers "nodes". Its capacity to handle any value transactions is enormous.
 
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MintCheap.com looks promising. Reminds me of NameCheap.com
You already regg'd that? Good one!
Estibot value : $85 not bad LoL!


yea well price is always going to be on every mind of every visitor to such sites like goldline.

cheap is an eye catcher. too for every penny pincher.

I can see MintCheap.com for anyone looking for the best prices for Gold and silver and....RMG's?
 
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ChainRMG.com is available at this moment. But well I pass.

BlockRMG.com has been taken since. 2012. no idea why!

but I did get RMGBlock.com

but alas. later today I will have to Grace Delete a couple of these RMG domains as reading from the posts here. some were BIG STRETCHES for this niche and that's why I didn't bother mentioning here.

some here have registered Gambling RMG domains. so last call. can anyone tell me that RMG will never been an option as a form of payment either but customers? or by online Casinos to give their customers?

I know I know RMG won't be virtual currency. UNDERSTOOD. but aren't there casinos that give away free cars as a jackpot? or free trips?

I really can see the possibility of RMG's being used as a form of collateral.

I'm reminded of the first Daniel Craig 007 movie Casino Royale. where he win the Aston Martin DB5 from someone. The guy put up the keys for the car into the pot and lost it.

Now instead of "keys" picture throwing in a flash drive with $100K in RMG's?

There are some rich people out there who love doing things BIG. probably betting with gold coins and such. These RMG's would or could make that a REALITY yes?

the temptation for any gambler to "checkout" an RMG gambling site is just like with Bitcoin sites.

because say they won $100 of bitcoin? the assumption "if they know anything about bitcoin" it's that sure they just won $100 worth of Bitcoin. but...........??? Bitcoin price keeps going up!

so maybe their $100 might turn into a $120 win if they wait for the price to go up?

of course the price of bitcoin could also go down so that might not be liked.

see this is why I asked if RMG will be stored in the servers of Royal Mint? of which RMG owners can access their RMG's via their website?

or are RMG's going to be just like every other blockchain where the owners of RMG's can save their RMG's to a flash drive for safe keeping? or perhaps "in the cloud?

in which case my CloudRMG.com and RMGDrive.com would be perfect for such products.

here's a thought.

Remember the California Gold Rush? who made the REAL MONEY? the miners? NOPE! it was the General Store owners who supplied the miners with tools food and booze.

so the question now is what will the General Stores for RMG's look like?
 
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ChainRMG.com is available at this moment. But well I pass.


I saw that too. I like Block instead as block is multi use. can be the name of a store. or reference to blockchain.

but Chain? instead I went with ChainATM.com and ATMChain.com for blockchain ATM's aka Bitcoin ATM's.
of which I can see maybe RMG's being made available also on such ATM's just like Bitcoin.
 
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Digital gold is not gold
paper gold is not gold
gold derivatives are not gold

only one thing is gold and that is physical gold.

There is so much misinformation about blockchains - I really must put together a site about them. The Blockchain is the Bitcoin chain, and it is a unique concept. There are problems with keeping non-specific records about gold bullion because not all gold bars are of the same weight and purity.

Most of the domains that I have seen listed containing RMG are either not relevant, or unusable imho.


Paper Money is Poop.
it was based on Gold. but now it's based on Debt. at least here in the USA.
yet paper money has been used and "working" as a convenient form of payment for hundreds of years.

So we have people who adopted the use of paper money which wasn't based on Gold anymore.

Think they won't adopt the use of Digital "paper money" based on old school gold? and then use it just like paper money to buy stuff?

I believe certain "arrangements" or "agreements" have been made to prevent RMG's from becoming a virtual currency. these agreements probably were made during those G20 Summits discussing the future of currency.

can someone speculate as to what would happen if Royal Mint blatantly made a public announcement even before launch that RMG's will be a gold backed virtual currency?
 
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Why do you guys think that you will have access to the RMG blockchain?
 
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Why do you guys think that you will have access to the RMG blockchain?


no no. I don't think anyone thinks THAT here Kuffy. but rather. like with Bitcoin and any other crypto blockchain. RMG will eventually be opensourced to a developer who will create a way to make money with it that Royal Mint probably never thought about.

and THOSE companies will have access to the RMG blockchain.

we're just customers for those RMG developers.
 
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yea well price is always going to be on every mind of every visitor to such sites like goldline.

cheap is an eye catcher. too for every penny pincher.

I can see MintCheap.com for anyone looking for the best prices for Gold and silver and....RMG's?

Do you mean RMG with mint? I don't think so, it would be a redundancy.
 
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Do you mean RMG with mint? I don't think so, it would be a redundancy.


no I mean. MintCheap.com would list all online stores selling gold and silver. and also include RMG's and any "future" Gold based blockchain.
 
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BlockRMG.com has been taken since. 2012. no idea why!

but I did get RMGBlock.com

but alas. later today I will have to Grace Delete a couple of these RMG domains as reading from the posts here. some were BIG STRETCHES for this niche and that's why I didn't bother mentioning here.

some here have registered Gambling RMG domains. so last call. can anyone tell me that RMG will never been an option as a form of payment either but customers? or by online Casinos to give their customers?

I know I know RMG won't be virtual currency. UNDERSTOOD. but aren't there casinos that give away free cars as a jackpot? or free trips?

I really can see the possibility of RMG's being used as a form of collateral.

I'm reminded of the first Daniel Craig 007 movie Casino Royale. where he win the Aston Martin DB5 from someone. The guy put up the keys for the car into the pot and lost it.

Now instead of "keys" picture throwing in a flash drive with $100K in RMG's?

There are some rich people out there who love doing things BIG. probably betting with gold coins and such. These RMG's would or could make that a REALITY yes?

the temptation for any gambler to "checkout" an RMG gambling site is just like with Bitcoin sites.

because say they won $100 of bitcoin? the assumption "if they know anything about bitcoin" it's that sure they just won $100 worth of Bitcoin. but...........??? Bitcoin price keeps going up!

so maybe their $100 might turn into a $120 win if they wait for the price to go up?

of course the price of bitcoin could also go down so that might not be liked.

see this is why I asked if RMG will be stored in the servers of Royal Mint? of which RMG owners can access their RMG's via their website?

or are RMG's going to be just like every other blockchain where the owners of RMG's can save their RMG's to a flash drive for safe keeping? or perhaps "in the cloud?

in which case my CloudRMG.com and RMGDrive.com would be perfect for such products.

here's a thought.

Remember the California Gold Rush? who made the REAL MONEY? the miners? NOPE! it was the General Store owners who supplied the miners with tools food and booze.

so the question now is what will the General Stores for RMG's look like?

You may think of RMG as digital gold product that's traded through CME Group platform and controlled internally by Royal Mint. If it turns out to be something similar to Bitshares [BTS], then that can be converted to BTC and back.
But who knows!
 
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You may think of RMG as digital gold product that's traded through CME Group platform and controlled internally by Royal Mint. If it turns out to be something similar to Bitshares [BTS], then that can be converted to BTC and back.
But who knows!


speaking of which.

RMGBTC.com
BTCRMG.com


lol
 
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I saw that too. I like Block instead as block is multi use. can be the name of a store. or reference to blockchain.

but Chain? instead I went with ChainATM.com and ATMChain.com for blockchain ATM's aka Bitcoin ATM's.
of which I can see maybe RMG's being made available also on such ATM's just like Bitcoin.

As I said before, RMG probably won't be seen as a virtual currency. It's only way to be regarded as such is through bitcoin conversion. You can't skip bitcoin in this scenario.
 
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As I said before, RMG probably won't be seen as a virtual currency. It's only way to be regarded as such is through bitcoin conversion. You can't skip bitcoin in this scenario.

Agreed. I've seen the screenshot of your emails with Royal Mint. I suspect either Coinbase or Kraken or Bitstamp will be ringing my phone for BTCRMG.com and RMGBTC.com next year! lol
 
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Why do you guys think that you will have access to the RMG blockchain?

I don't think anyone can access that. You may only work through a platform built on top of blockchain.
 
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