BitGold vs Bitcoin

[CryptoLu1]

Lets have a discussion, with regard to the two... I think this could get interesting...

[RoughLyfe]

Bit gold may be a scam as no one (That I know of at least)has actually cashed out from them,bitcoin on the other hand is definitely not a scam

[CryptoLu1]

So was Bitcoin a scam when they first started out? All the reviews I read on BitGold are amazing, and the vision actually makes more sense then Bitcoin with regard to the future of money.... I like Bitcoin but this could overrule it.

[RoughLyfe]

So was Bitcoin a scam when they first started out? All the reviews I read on BitGold are amazing, and the vision actually makes more sense then Bitcoin with regard to the future of money.... I like Bitcoin but this could overrule it.

Have you cashed out on bit gold yet?

[CryptoLu1]

Yes, I redeemed.. It was a piece of cake. Amazing how easy it was.

[bit1]

Are you talking about of  it?   https://bitcointalk.org/index.php?topic=524648.0

[RoughLyfe]

Yes, I redeemed.. It was a piece of cake. Amazing how easy it was.

Prove it

[catoshi]

The operators of Bitgold have been around long before bitcoin.  Bitgold also owns goldmoney which has been in business for over 15 years catering to some richest Americans.  With over 1.5 billion in assets, you would have to have an incredibly low iq to think they were scammers lol.

[catoshi]

Are you talking about of  it?   https://bitcointalk.org/index.php?topic=524648.0

Theres only one bitgold and its at bitgold.com

[Monopoly]

They claim you will get $5 after sing up ... but i didn't get any .... so seems there are scam and Btc couldn't Compare with anything especially with Bitgold .

[RoughLyfe]

They claim you will get $5 after sing up ... but i didn't get any .... so seems there are scam and Btc couldn't Compare with anything especially with Bitgold .

Its only under referral links

[Dire]

The problem they have is still not having enabled many methods of cashing out is that you may very well be able to cash out via your bank account (I haven't done this) but at what price?

The price when you perform the action, or at the price when it finally goes through? It's not like any form of bank transfers are instantaneous. They take days mostly. So the price may have gone down by that point and I lose money. They don't give too many details on the exactly 'whens and at what price'.

I really think/feel they are trying to steer clear of anyone using their platform for speculation. At this point I just get the impression they don't want you taking your money out, which makes sense from their business perspective currently, but not from mine as the customer.

Initially, if you were a US citizen you couldn't get/keep a bitgold account. Now, you can. This means/can only mean, that Bitgold now has to follow US financial rules and regulations which are draconian in the extreme. In other words, the rest of the world who has signed up to Bitgold and deposited money now has that added inconvenience and will have to jump through numerous hoops to withdraw too... which is probably why they are lagging in their implementation of the utility of being able to withdraw to a Bitcoin wallet, and making the debit card available.

[BIT-Sharon]

what advantages of bitgold there are in details?

[unusualfacts30]

BitCoin has community, market cap, backers, mike tyson, people who'll back it up, karl gray, many investors who're rich, great marketing team, atm, sellers, websites where you can buy things

What does BitGold have?

nothing.

that's right.

[Ingatqhvq]

The is nothing to compare. Bitgold is nothing.
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[benthach]

haha you want to compare horse poop with apple? i will take the apple and you can take the horse poop. lol