JohnnyScience (OP)
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September 28, 2012, 05:31:59 AM |
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I've read something about possibly buying gold with Bitcoins, is this true?
Has anyone else done this & is it getting common? What exchanges offer this kind of service?
Any more info on this subject would be greatly appreciated.
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the joint
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September 28, 2012, 05:38:36 AM |
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I've read something about possibly buying gold with Bitcoins, is this true?
Has anyone else done this & is it getting common? What exchanges offer this kind of service?
Any more info on this subject would be greatly appreciated.
Check out the Coinabul link in my signature I've purchased from them many times and have been blown away each time. Highly recommended. I always look to buy from them first simply because I trust that I will receive my shipment. Checkout is a breeze. I also highly recommend creating an account so you can track your order status.
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MyBitcoinMint
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September 28, 2012, 05:44:38 AM |
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Hi JohnnyScience,
Both myself, MyBitcoinMint.com, and Coinabul.com sell gold and silver bullion in exchange for Bitcoins. Admittedly, Coinabul is the current market leader and sells gold and silver bullion/coins/bars/etc. We sell silver and gold coins that physically resemble the Bitcoin image. Our prices at the moment are within ~2.5% of each other (our prices are currently price pegged to USD, Coinabul has priced at a floating spot rate).
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JohnnyScience (OP)
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September 28, 2012, 05:51:49 AM |
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Wow great info, I will look into both websites.
So these are smaller companies that have just emerged within this market? Are you the sole owner/employee etc? Just wondering how big these bitcoin to gold exchanges are.
Do you offer "normal" gold bullion not in the shape of a bitcoin?
Is the ordering/checkout/shipment process for both websites very secure & anonymous?
Once the order is placed with bitcoins how long before it's shipped & how is the bullion actually shipped? (is it shipped insured?)
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MyBitcoinMint
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September 28, 2012, 06:01:00 AM |
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Wow great info, I will look into both websites.
So these are smaller companies that have just emerged within this market? Are you the sole owner/employee etc? Just wondering how big these bitcoin to gold exchanges are.
Do you offer "normal" gold bullion not in the shape of a bitcoin?
Is the ordering/checkout/shipment process for both websites very secure & anonymous?
Once the order is placed with bitcoins how long before it's shipped & how is the bullion actually shipped? (is it shipped insured?)
I am the sole owner/operator for MyBitcoinMint, and at the moment we do not offer typical bullion products (Coinabul does, and is definitely respected in the community). Our site only accepts Mt Gox BTC codes at the moment, we're making changes to accept all BTC payments. However, if you're interested in something, send me a PM and we can do a simple BTC transfer. We can keep it as anonymous as you'd like, as long as you let me know where I need to ship it And yes, we do insure our shipping, and wouldn't take longer than 1-2 business days. I'll let Coinabul and his customers talk on his behalf
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SolarSilver
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September 28, 2012, 07:50:54 AM |
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I've read something about possibly buying gold with Bitcoins, is this true?
If you are based in Europe, then have a look at both http://bitcoincommodities.com/ and http://www.btcgold.org/. Both ship from within Germany. I used both and have good experiences with them.
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Graet
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September 28, 2012, 07:54:12 AM |
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Is the ordering/checkout/shipment process for both websites very secure & anonymous?
um, if you are getting physical goods shipped to you....it is a bit hard to be anonymous especially insured consignments that require a signature on delivery
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ShireSilver
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September 28, 2012, 04:15:21 PM |
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Don't forget Shire Silver. We make cards that fit in your wallet that contain silver and gold. They are smaller units than typical bullion, and are designed to be used as an alternative currency. The smallest gold denomination we have, which is the smallest physical gold trade unit on the planet, is only about $4 or less than half a bitcoin.
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Foxtra
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September 28, 2012, 04:27:02 PM |
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Thank for thus links.
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Monkey1
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September 28, 2012, 09:49:48 PM |
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Ill try these out and let you know how I get on!
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allthingsluxury
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September 30, 2012, 05:04:20 PM |
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Coinabul has a nice selection.
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Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog
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EngMan
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October 01, 2012, 12:50:25 AM |
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I have ordered twice from coinabul.....first time the order was quick and easy. I've been waiting almost 3 weeks for my 2nd order though.... I Just emailed for an update. They usually respond quickly.
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Sorry, I'm all sold out of x6500's.
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BookLover
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October 01, 2012, 01:04:29 AM |
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TraderSteve ( http://goldstarbullion.com/) sometimes has a better price because he uses a different price algorithm, but he just sells random 1oz rounds.
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Coinabul
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October 01, 2012, 07:52:30 AM |
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I have ordered twice from coinabul.....first time the order was quick and easy. I've been waiting almost 3 weeks for my 2nd order though.... I Just emailed for an update. They usually respond quickly.
We've had some delays this month. Orders are moving quickly again now
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sudukibiras
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October 01, 2012, 08:05:11 AM |
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WoW,I didn't know that you can buy gold with bitcoins I will have this in mind though.Thanks.
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Coinabul
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October 01, 2012, 04:57:28 PM |
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Wow great info, I will look into both websites.
So these are smaller companies that have just emerged within this market? Are you the sole owner/employee etc? Just wondering how big these bitcoin to gold exchanges are.
Do you offer "normal" gold bullion not in the shape of a bitcoin?
Is the ordering/checkout/shipment process for both websites very secure & anonymous?
Once the order is placed with bitcoins how long before it's shipped & how is the bullion actually shipped? (is it shipped insured?)
I am the sole owner/operator for MyBitcoinMint, and at the moment we do not offer typical bullion products (Coinabul does, and is definitely respected in the community). Our site only accepts Mt Gox BTC codes at the moment, we're making changes to accept all BTC payments. However, if you're interested in something, send me a PM and we can do a simple BTC transfer. We can keep it as anonymous as you'd like, as long as you let me know where I need to ship it And yes, we do insure our shipping, and wouldn't take longer than 1-2 business days. I'll let Coinabul and his customers talk on his behalf You are much too kind! I also enjoy your new website, I don't remember it being like that before. Anyways, Coinabul has been around for a year now. We'll have been open to the public for a year in 9 days! (Woo!) We have not had a single customer lose their order or anything else sketchy. We've had a couple run-ins with Customs, but we've always gotten the orders to the right place. We believe in fair prices and good customer support. We're going to be here for much longer than a year, I can tell you that We're also the only business currently trusted enough by Mt.Gox to be verified by their merchant program. We're publicly known, a legal company, and all that good stuff to keep us honest. Let me know if you have any questions about our site or any of the products! Some of the coins have quite an interesting history! Cheers, -Jon
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BobbyJo
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October 03, 2012, 08:43:19 PM |
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I have bought off a couple of these sites with no problems. The prices are quite a bit higher than spot price but thats what you get when you buy physical gold.
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Otoh
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October 03, 2012, 08:53:58 PM |
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Also Casascius coins for 10 BTC silver 1 oz rounds (2 types) & 1,000 BTC 1 oz fine gold rounds Highly recommended! If you wish to combine PMs with BTC together in a single physical item.
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casascius
Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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October 03, 2012, 08:55:31 PM |
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I am willing to sell my gold rounds empty without the 1000 BTC. They are, naturally, 1000 BTC cheaper that way. The back is blank with a recess for the private key, the same as if you bought the round and peeled and redeemed the key.
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Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable. I never believe them. If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins. I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion. Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice. Don't keep coins online. Use paper or hardware wallets instead.
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