Bitcoin Forum

Other => Off-topic => Topic started by: Bizmark13 on January 30, 2015, 03:04:06 AM



Title: BitGold?
Post by: Bizmark13 on January 30, 2015, 03:04:06 AM
Has anyone heard of this? Not to be confused with Nick Szabo's BitGold or BitShares' BitGold, BitGold.com is a website that will be opening in 13 days. Supposedly you will get $20 worth of gold for free if you register your email before the launch. Its business model looks almost exactly the same as E-gold which also let users own and transact online payments denominated in grams of gold. However, that site was shut down a few years ago by the US government so it's interesting to see another company attempting the same idea:

Quote
BitGold is Launching in 13 days, 21 hours, 6 minutes, and 2 seconds

BitGold's mission is to provide global access to gold for payments and secure savings, making this extraordinary element useful and empowering again.

BitGold provides customers unprecedented simplicity in acquiring, storing, and transacting with fully reserved vaulted gold.

Register your email with BitGold before the countdown ends & we will deposit USD $20 worth of gold into your BitGold Account when we launch.

Link: http://www.bitgold.com/

Thoughts? Opinions? Here (http://www.coindesk.com/canadian-startup-bitgold-closes-3-5-million-series-funding-round/) is an article about them on CoinDesk.


Title: Re: BitGold?
Post by: waterpile on January 30, 2015, 03:41:43 AM
seems like a good to be true offer. Are there any catch about the free $20 offer?


Title: Re: BitGold?
Post by: iram66680 on January 30, 2015, 03:45:41 AM
seems like a good to be true offer. Are there any catch about the free $20 offer?

They are more likely asking your passport, utility bills and other docs for $20.  :)


Title: Re: BitGold?
Post by: crazykiddo on January 30, 2015, 04:19:40 AM
You can only withdraw the $20 if you deposit $2000.   ;D


Title: Re: BitGold?
Post by: Shattered on January 30, 2015, 06:09:45 AM
I guess you have to ask yourself: Is my identity worth more than $20?

Are you signing up for it Bizmark13?
If so, report back and let us know what the catch was...or we can all have a beer and cheer to you for uncovering a nice easy 20 spot


Title: Re: BitGold?
Post by: b!z on January 30, 2015, 06:30:58 AM
I guess you have to ask yourself: Is my identity worth more than $20?

Are you signing up for it Bizmark13?
If so, report back and let us know what the catch was...or we can all have a beer and cheer to you for uncovering a nice easy 20 spot

Your identity is worthless. Nobody is giving you $20 for free.


Title: Re: BitGold?
Post by: thebenjamincode on January 30, 2015, 09:24:30 AM
when is its specific launch date?


Title: Re: BitGold?
Post by: Bizmark13 on February 01, 2015, 04:43:45 AM
seems like a good to be true offer. Are there any catch about the free $20 offer?

Not sure.

I guess you have to ask yourself: Is my identity worth more than $20?

Are you signing up for it Bizmark13?
If so, report back and let us know what the catch was...or we can all have a beer and cheer to you for uncovering a nice easy 20 spot

I did put my email address in but since the site hasn't launched yet, I'm don't know what the catch is. Like most people here, I agree that simply getting $20 for free without any strings attached sounds a bit too good to be true. Perhaps they will make it so that the money can only be withdrawn if you deposit a minimum amount or make a minimum number of trades or something. Or perhaps they will force you to take convoluted steps to verify your ID. Again, I'm not sure.

when is its specific launch date?

11 days and 19 hours from now so that would be... Friday, February 13 at 00:00:00 UTC?


Title: Re: BitGold?
Post by: Lethn on February 01, 2015, 04:51:51 AM
You can only withdraw the $20 if you deposit $2000.   ;D

That seems very likely, I wouldn't trust it, in fact many of these 'Bitgold' ideas never turn out to be anything because they don't really post up proof of their gold reserves or are getting audited. For all you know they could just be buying gold from legitimate merchants and then posting it.


Title: Re: BitGold?
Post by: ronaldo40 on February 01, 2015, 08:14:35 AM
I have to enter the email, let's see when lancing later if really give $ 20 for free


Title: Re: BitGold?
Post by: sifter on February 01, 2015, 10:47:39 AM
I signed up.

But it's probably going to make me deposit like $200 as mentioned above.


Title: Re: BitGold?
Post by: Maicol792 on April 25, 2015, 05:46:20 PM
I received invite and registered and buyed gold.. Perfect!! I waiting for implementation coming soon... For now you can buy gold whit cc bank trasf and bitcoin... Send payment in gold and rendem gold on credit card or bank wire and bitcoin(coming soon) :-) working all Perfectly!


Title: Re: BitGold?
Post by: thebenjamincode on April 26, 2015, 02:50:44 AM
im waiting for its bitcoin wallet to be implemented :D


Title: Re: BitGold?
Post by: wunkbone on May 28, 2015, 09:37:41 AM
im waiting for its bitcoin wallet to be implemented :D

No need you can buy sell bitgold at :

https://tntswap.com/market/55          at 0% fees :)