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1  Bitcoin / Bitcoin Discussion / Buying bullion with BCH or BTC! PHYSICAL GOLD FOR BITCOIN!! on: December 03, 2017, 08:27:26 PM
I am about to start selling bullion online and in-store accepting Bitcoin, UK based.
I am forth generation and run a well established family jewellery shop and have a healthy stock of gold sovereigns and other bullion which I would like to sell accepting Bitcoin but I do not know if I should be accepting BCH or BTC. Thoughts on the matter and interest would be greatly appreciated. 

Now, contrary to some peoples opinions, I am not an idiot. I have a fairly sensible business head and appreciate it is a massive gamble with such a volatile market. I have read a bit about the block chain and the size (don't really 100% understand it) and I would think that, as a layman, that BCH is the future? Should I accept BCT however as that is where people have made the most gains as it will be those I am targeting.

So we currently sell sovereigns for £250. How would people feel about buying them at a rate about £275 to £300 if they are able to pay in Bitcoin. I appreciate that those who have just started buying Bitcoin will not go for this....It is those who jumped on the band waggon when Bitcoin was £50 or even at the start of this year. They have made massive profits...would anyone appreciate that I am taking a MASSIVE risk and be willing to pay over the odds?

I fully believe Bitcoin is the future of currency and want to bring it to mainstream business. Those who believed in it years ago must now only have those initial beliefs reinforced. Would they be happy to pay above gold price helping me...help Bitcoin gain more momentum.

Would anybody on here want to buy physical gold using their profits? Does anyone on this forum have any opinion on the matter? Helpful advice from the community would be massive help!

Many thanks.
AF
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