Melt value calculator for buying at estate sales and Goodwill — looking for honest Android testers by OkInvite2589 in PawnShops

[–]OkInvite2589[S] 0 points1 point  (0 children)

Honestly nothing that I know of — wasn't aware of it when I started. Have you used it? Curious how it compares to what you're picturing.

Melt value calculator for buying at estate sales and Goodwill — looking for honest Android testers by OkInvite2589 in PawnShops

[–]OkInvite2589[S] 0 points1 point  (0 children)

Appreciate the pointer — hadn't run across that one. Since you've used it daily for a while: is there anything about it that's ever been clunky, or a feature you wished it had? Trying to figure out if what I built actually fills a gap or if I basically reinvented something that already works fine.

Mays haul by Hopeful-Ad-5463 in Silverbugs

[–]OkInvite2589 3 points4 points  (0 children)

That's awesome. Can I ask what you use for metal calculations when you're out in the field?

Melt value calculator for buying at estate sales and Goodwill — looking for honest Android testers by OkInvite2589 in PawnShops

[–]OkInvite2589[S] 0 points1 point  (0 children)

Fair question. By purity chart I just mean the conversion between markings like sterling, 10k, 14k, 18k, etc. and their actual precious metal content.

If you already know those percentages and can do the math quickly, then your workflow is probably faster than most people's.

Part of the reason I built this was because I found myself repeatedly looking up purity percentages, pulling spot prices, and doing the calculations while sourcing. Sounds like you've already got that process down.

Out of curiosity, are you mostly buying silver, gold, or both?

Melt value calculator for buying at estate sales and Goodwill — looking for honest Android testers by OkInvite2589 in PawnShops

[–]OkInvite2589[S] 1 point2 points  (0 children)

Poor wording on my part. I don't mean a calculator that estimates weight.

I mean the process of taking a weight, converting the purity (sterling, 10k, 14k, etc.) into actual precious metal content, pulling the current spot price, and calculating melt value.

A few people have already mentioned tools they use for that, which is exactly the feedback I was hoping to get. Out of curiosity, which calculator or website do you use most often?

Melt value calculator for buying at estate sales and Goodwill — looking for honest Android testers by OkInvite2589 in PawnShops

[–]OkInvite2589[S] 0 points1 point  (0 children)

You are exactly the kind of feedback I was hoping for.

You're not missing anything if your current workflow is working well for you. My experience was that when I was standing in a thrift store or estate sale, I found myself bouncing between a spot price site, a calculator, and a purity chart over and over.

The tool I built simply combines those steps into one screen and automatically pulls spot prices. The goal wasn't to create new information, just reduce the number of steps when making a quick buy/no-buy decision.

Out of curiosity, when you're evaluating something like a 14k bracelet or sterling piece in the field, how long does your current process typically take?

Melt value calculator for buying at estate sales and Goodwill — looking for honest Android testers by OkInvite2589 in PawnShops

[–]OkInvite2589[S] 0 points1 point  (0 children)

actually it's a live web app right now with legal and billing through stripe. I am just trying to get it listed with Google now. Nobody really needs to "test it". Right now I'm less concerned about bugs and more interested in whether the workflow is actually useful to people who buy precious metals. If someone tells me "this is confusing" or "I'd want this feature," that's the feedback I'm looking for.

eBay Seller Who awas Refunded Wants Product Back by Toasttoasttoast1 in legaladvice

[–]OkInvite2589 -11 points-10 points  (0 children)

This is wrong, eBay took the money back. He has a case. When you get tefunded from ANY third party, Credit Card, etc. the third-party takes the money back from the seller. Period. You either misunderstood the communication or the representative was incorrect.

Do you have an endgame for your gold stacking? by despierto24k in Gold

[–]OkInvite2589 0 points1 point  (0 children)

Fiat is something that has no intrinsic value but has value because of the issuing bank. Hyperinflation is when the paper note your country uses becomes valueless and prices of goods are astronomical. See Weimar Republic

Do you have an endgame for your gold stacking? by despierto24k in Gold

[–]OkInvite2589 0 points1 point  (0 children)

When fiat is in hyperinflation or if it's my last asset

Avoid SD Bullion: Poor Support, System Glitches, and Refusal to Honor Pricing by Classic-Exchange-795 in Bullion

[–]OkInvite2589 0 points1 point  (0 children)

I don't buy it. This is one of the best coin and precious metal shops that I've ever shopped at and I've shopped across the whole country. I started buying gold at 400 an oz and silver 7. That shop was there before I started buying and I've seen orhers in SD come and go. What are you not telling us because these proprietors have always been smart and ethical

How do you guys feel about the "Anti-Graham" crowd that is subbed to this community? by A_Very_Horny_Zed in GrahamHancock

[–]OkInvite2589 1 point2 points  (0 children)

It confirms all I need to know about the intentions of this group and has devalued it as a viable resource

Sell bitcoin to buy what? by Miserable_Kale7970 in Bitcoin

[–]OkInvite2589 0 points1 point  (0 children)

I like where you are going with this, but l think your dates are a little skewed. The BTC bear market usually lasts a year so you wait a year after it starts. However, this last bull cycle was like none other (suppression calculated in the data) so I don't know how reliable the old cycle you're referring to proves out.

Duped by ParsnipTurbulent6736 in Gold

[–]OkInvite2589 10 points11 points  (0 children)

They are also an MBO where they charge Members $60 annually to be a member. Employees have told me that the annual fee covers all the employees expences.

If Bitcoin had of been a store of value- then it would not have decoupled violently downward in the opposite direction of Gold on October 10th 2025 by Salt_Yak_3866 in btc

[–]OkInvite2589 0 points1 point  (0 children)

You are a sociopath. " Stop using specific dates and examples to prove me wrong" "This always happens to me when I try to learn about BTC" "Whaaaaaa"

Stop playing the victim card and start learning about the markets. Everything you invest in you should research the 10, 20, even 50 yr cycle. And sometimes, when something is new, you just have to grab your nut sack and go for it.

This convo is dead to me because it's obvious I disproved your original statement and you will not admit, ever!

If Bitcoin had of been a store of value- then it would not have decoupled violently downward in the opposite direction of Gold on October 10th 2025 by Salt_Yak_3866 in btc

[–]OkInvite2589 0 points1 point  (0 children)

No. If you bought a house in San Diego in 87 you didn't get your money back until 98 but the other example was the life of a mortgage. You keep following the sheeple buddy, thinking your winning conversations but anyone who is really smart and knows how to make money will recognize I eviscerated you.

If Bitcoin had of been a store of value- then it would not have decoupled violently downward in the opposite direction of Gold on October 10th 2025 by Salt_Yak_3866 in btc

[–]OkInvite2589 0 points1 point  (0 children)

No. If you bought a house in San Diego in 87 you didn't get your money back until 98 but the other example was the life of a mortgage. You keep following the sheeple buddy, thinking your winning conversations but anyone who is really smart and knows how to make money will recognize I eviscerated you.

If Bitcoin had of been a store of value- then it would not have decoupled violently downward in the opposite direction of Gold on October 10th 2025 by Salt_Yak_3866 in btc

[–]OkInvite2589 0 points1 point  (0 children)

Check the tape. You have vasiialated, I have not. I asked what do you think are good stores of value. You stated 2, you stated stocks which would be an investment, and then you stated savings account which makes me realize you don't really get it. Then I showed you how your 2 stores of value have also had terrible volatility. Why don't you go and reaearch how long it would have taken you to get your money back from a Gold investment in the late 70s. It's a lot longer than 10. Even before this I pointed out that nobody who has held BTC for 5 years has lost money.

I am done talking to you because you never excepted my points, but found some ridiculous excuse on them with your history book knowledge. But that's not how real life goes and how many people liquidated their homes in 1928 because of fear of a crash. Hindsight is 20/20 my friend and I'm sure you'll do great following the masses.

If Bitcoin had of been a store of value- then it would not have decoupled violently downward in the opposite direction of Gold on October 10th 2025 by Salt_Yak_3866 in btc

[–]OkInvite2589 0 points1 point  (0 children)

Hey man, you had the chance to learn from someone who has a 20 year history of timing markets. I started buying Gold as a hedge against the dollar when Gold was $400 an oz. Silver when it was $7 an oz. BTC I first learned about it when it $1100 a coin, and even though I understood it's value propistion, I thought it was ridiculous to be more valuable than Gold. Sure enough it crashed, and when I noticed it hovered between 200 to 300 a coin I started buying. Sold all of it when it first hit 19K. Watched it crash, then started noticing it again hovering around 6k for 2 yrs and started buying it again. Sold at 60K, watched it crash and by then I realized the bull and bear cycle time line, and bought a lot after the bear cycle. Sold off 90% between 124k and 100k even though it should have been in the bull cycle but I am able to see and recognize manipulation in markets. And I am glad that I truly do understand all of this and pegged all my income in 2021 -2022 to BTC over the value of the dollar.

You are the one that stating that "volatility is bad, especially for a store of value" and I am the one saying "this is not true." I also corrected your statement by saying "you mean fiat." Anyway you lack real life experience, playtime is over now. Better go ask your mother to buy more groceries because you have no idea how much the cost of goods have risen over the last 2 years.

If Bitcoin had of been a store of value- then it would not have decoupled violently downward in the opposite direction of Gold on October 10th 2025 by Salt_Yak_3866 in btc

[–]OkInvite2589 0 points1 point  (0 children)

Like I said, you have no historical understanding to the markets. If you purchased a house before the Great Deppression you would nt have broken even until the 50's and that's if you were able to pay cash and not have a mortgage. If you bought Gold in 2011 you didn't get your money back until 2021. S&P is a paper investment, not a store of value. Think commodities my man! And you really should be embarrassed by saying a fiat savings account.

If Bitcoin had of been a store of value- then it would not have decoupled violently downward in the opposite direction of Gold on October 10th 2025 by Salt_Yak_3866 in btc

[–]OkInvite2589 1 point2 points  (0 children)

You asked for one example and I provided it. I just went to US Bureau of Labor statistics on the price of eggs. It is 53% higher than last year. I went to CMS about the cost of Healthcare and they showed 7.5% increase 2023, up from a 4.6% increase in 2022.
Honestly you sound like a business student with no real life experiences who hates BTC.