Bitcoin Forum
April 25, 2024, 02:23:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: I am selling gold for Bitcoin  (Read 1615 times)
itilexpert (OP)
Newbie
*
Offline Offline

Activity: 26
Merit: 20


View Profile
July 14, 2017, 09:35:25 PM
 #21

I'm European and gold prices are quoted in USD, oil too, that's how it is.

I find the idea of shipping gold a bit risky, personally.

The shipping will only be tracked, signed for insured shipping. I have bought a lot of gold this way and not had an issue. Companies like bullionbypost operate like this.
1714055003
Hero Member
*
Offline Offline

Posts: 1714055003

View Profile Personal Message (Offline)

Ignore
1714055003
Reply with quote  #2

1714055003
Report to moderator
1714055003
Hero Member
*
Offline Offline

Posts: 1714055003

View Profile Personal Message (Offline)

Ignore
1714055003
Reply with quote  #2

1714055003
Report to moderator
1714055003
Hero Member
*
Offline Offline

Posts: 1714055003

View Profile Personal Message (Offline)

Ignore
1714055003
Reply with quote  #2

1714055003
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714055003
Hero Member
*
Offline Offline

Posts: 1714055003

View Profile Personal Message (Offline)

Ignore
1714055003
Reply with quote  #2

1714055003
Report to moderator
1714055003
Hero Member
*
Offline Offline

Posts: 1714055003

View Profile Personal Message (Offline)

Ignore
1714055003
Reply with quote  #2

1714055003
Report to moderator
itilexpert (OP)
Newbie
*
Offline Offline

Activity: 26
Merit: 20


View Profile
July 14, 2017, 09:57:12 PM
 #22

Maybe you can post some pictures of the gold you are holding, together with a timestamped note to prove ownership.

I am going to get some pictures of my gold this weekend, along with a sign with my username. I have to plan access to this gold as its in a safe box in a third party vault.
itilexpert (OP)
Newbie
*
Offline Offline

Activity: 26
Merit: 20


View Profile
July 14, 2017, 10:04:56 PM
 #23

- The prices are on my website bitcoinbypost.co.uk   The prices change constantly, hence I'm directing you here.
It doesn't really inspire confidence if you mistype your own website...

How does customs work on shipping gold? Will there be charges or questions?

Sorry about that misquote. My mistake. The URL is of course    http://bitgoldbypost.co.uk

I don't take any responsibility for customs charges, and the packages will be marked with the true contents as this is an above board registered business.

In the UK where I live, there is no VAT on gold, but there is on silver so silver would attract import duties. 

Every country has different rules, and it is for the buyer to check this, and file any paper work as per local rules, and pay any import taxes which may be applicable.
foxbat
Sr. Member
****
Offline Offline

Activity: 484
Merit: 250



View Profile
July 15, 2017, 04:43:27 PM
 #24

I'm European and gold prices are quoted in USD, oil too, that's how it is.

I find the idea of shipping gold a bit risky, personally.

The shipping will only be tracked, signed for insured shipping. I have bought a lot of gold this way and not had an issue. Companies like bullionbypost operate like this.
In my country, without any service that works this way, I can not trust it, this is a very dangerous activity, I think I will never use it.
itilexpert (OP)
Newbie
*
Offline Offline

Activity: 26
Merit: 20


View Profile
July 15, 2017, 04:58:36 PM
 #25

I'm European and gold prices are quoted in USD, oil too, that's how it is.

I find the idea of shipping gold a bit risky, personally.

The shipping will only be tracked, signed for insured shipping. I have bought a lot of gold this way and not had an issue. Companies like bullionbypost operate like this.
In my country, without any service that works this way, I can not trust it, this is a very dangerous activity, I think I will never use it.

I will only ship to countries where tracked, signed for insured delivery is supported. You are right for countries where it is not, buying gold this way is a non-starter .
Hasbro27
Full Member
***
Offline Offline

Activity: 378
Merit: 100



View Profile
July 15, 2017, 10:35:40 PM
 #26

I think for now is a good time to buy bitcoin because currently the bitcoin price is down, but investing here is a big risk but it also promises great results too, but the gold investment risk is smaller than bitcoin
HabBear
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 637


View Profile WWW
July 16, 2017, 03:06:16 AM
 #27

Ok, great question. Welcome to Bitcoin and I think you're going about acquiring some in a productive way.

The one challenge with selling gold for BTC that no one has mentioned yet is that there's a lot of hype among the community about how bitcoin has grow to be a better investment than gold. Now for someone like you and others who are very familiar with commodity investing your thoughts on a hedge are spot on, but others don't think that way...they just want to get in on the next hot move. And when we have threads about "the flippening" and Bitcoin's market cap exceeding that of Gold it puts Gold in a negative light.

As for escrow...definitely use it and there are several reputable options available with long track records and relatively low fees. I believe Lauda's team charges 1%, you can probably find an equally good option with lower fees (OG Nasty and minerjones come to mind but there are others). When you select escrow read the trust ratings these people have. You don't want to get stuck with someone who is going to end a transaction or misinterpret the reality of events. Some people are a bit trigger happy when giving out negative trust.
Anirudhsoni
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
July 16, 2017, 04:15:03 AM
 #28

Could you please pm me the price of 10g gold would love to buy ))
jjrundy
Sr. Member
****
Offline Offline

Activity: 258
Merit: 250


View Profile
July 16, 2017, 05:51:21 PM
 #29

Could you please pm me the price of 10g gold would love to buy ))

approx 1/3 lb of gold is....approx $396.00 USD if im not mistaken.
31 grams to a troy oz. and some change
markj113
Legendary
*
Offline Offline

Activity: 2254
Merit: 1043



View Profile
July 16, 2017, 06:08:06 PM
 #30

Could you please pm me the price of 10g gold would love to buy ))

approx 1/3 lb of gold is....approx $396.00 USD if im not mistaken.
31 grams to a troy oz. and some change

I think you mean 1/3 oz not a lb (would be around $6000 otherwise) Smiley

jjrundy
Sr. Member
****
Offline Offline

Activity: 258
Merit: 250


View Profile
July 17, 2017, 12:48:38 AM
 #31

Could you please pm me the price of 10g gold would love to buy ))

approx 1/3 lb of gold is....approx $396.00 USD if im not mistaken.
31 grams to a troy oz. and some change

I think you mean 1/3 oz not a lb (would be around $6000 otherwise) Smiley



ohh yea 1/3 oz good catch  Grin 10g is in fact almost 1/3 of an oz.....
ikilledcobain
Sr. Member
****
Offline Offline

Activity: 446
Merit: 252



View Profile
July 17, 2017, 12:56:45 PM
 #32

I'm not posting this to cast doubt on the OP, but just a general warning for anyone buying bullion online.

Here are a few tips to make sure you're not getting scammed:

https://www.moneymetals.com/precious-metals-buying-guides/how-to-test-gold-and-silver-at-home

It's extremely easy to buy tungsten filled gold coins off of Ali Baba (I've done it myself).

They don't pass the 'ping' test, though (see above link).


           ▀██▄ ▄██▀
            ▐█████▌
           ▄███▀███▄
         ▄████▄  ▀███▄
       ▄███▀ ▀██▄  ▀███▄
     ▄███▀  ▄█████▄  ▀███▄
   ▄███▀  ▄███▀ ▀███▄  ▀███▄
  ███▀  ▄████▌   ▐████▄  ▀███
 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion
Anonymous and Untraceable
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
  ███              ▄███▀   ▄▄
 ███▌  ▄▄▄▄      ▄███▀   ▄███
▐███  ██████   ▄███▀   ▄███▀
███▌ ███  ███▄███▀   ▄███▀
███▌ ███   ████▀   ▄███▀
███▌  ███   █▀   ▄███▀  ███
▐███   ███     ▄███▀   ███
 ███▌   ███  ▄███▀     ███
  ███    ██████▀      ███
   ███▄             ▄███
    ▀███▄▄       ▄▄███▀
      ▀▀███████████▀▀
.
bgoldio
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile WWW
July 17, 2017, 01:13:30 PM
 #33

Hello everyone, we plan to sell jewelry for bitcoin and similar currencies. Do you know who else is already selling jewelery for crypto currency?
Himanshu111
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
July 17, 2017, 01:44:32 PM
 #34

You will not regret your decision as i believe that Bitcoin will show amazing growth in future and you can expect great things from it.
itilexpert (OP)
Newbie
*
Offline Offline

Activity: 26
Merit: 20


View Profile
July 17, 2017, 06:10:11 PM
 #35

Could you please pm me the price of 10g gold would love to buy ))

Hi Anirdhsoni - I only sell gold/ silver as per the coins/ bars that I stock. There is 4g gold coin, or an 8g gold coin (22k gold). 4g gold coin is BTC 0.081043 and 8g gold coin is BTC 0.148841.  These prices will very soon be out of date so please check the website for current prices as they are dynamically updating prices   http://bitgoldbypost.co.uk   . 

Nick
itilexpert (OP)
Newbie
*
Offline Offline

Activity: 26
Merit: 20


View Profile
July 17, 2017, 06:16:37 PM
 #36

I'm not posting this to cast doubt on the OP, but just a general warning for anyone buying bullion online.

Here are a few tips to make sure you're not getting scammed:

https://www.moneymetals.com/precious-metals-buying-guides/how-to-test-gold-and-silver-at-home

It's extremely easy to buy tungsten filled gold coins off of Ali Baba (I've done it myself).

They don't pass the 'ping' test, though (see above link).



Fisch detectors are very good, if you use both the size/weight check Fisch and the ping/ ring test Fisch.

I would never ever ever buy gold off Ali Baba. 
ikilledcobain
Sr. Member
****
Offline Offline

Activity: 446
Merit: 252



View Profile
July 19, 2017, 01:44:54 PM
 #37

Yes, I agree the Fisch detectors are a great resource.

I'll be honest, I knew I was buying tungsten filled coins - I had less than honorable intentions at the time. Fortunately, my now wife instilled some morals in me, lol.

I appreciate you not taking offense about my suggestions though; it certainly makes me feel better about possible future purchases.

           ▀██▄ ▄██▀
            ▐█████▌
           ▄███▀███▄
         ▄████▄  ▀███▄
       ▄███▀ ▀██▄  ▀███▄
     ▄███▀  ▄█████▄  ▀███▄
   ▄███▀  ▄███▀ ▀███▄  ▀███▄
  ███▀  ▄████▌   ▐████▄  ▀███
 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion
Anonymous and Untraceable
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
  ███              ▄███▀   ▄▄
 ███▌  ▄▄▄▄      ▄███▀   ▄███
▐███  ██████   ▄███▀   ▄███▀
███▌ ███  ███▄███▀   ▄███▀
███▌ ███   ████▀   ▄███▀
███▌  ███   █▀   ▄███▀  ███
▐███   ███     ▄███▀   ███
 ███▌   ███  ▄███▀     ███
  ███    ██████▀      ███
   ███▄             ▄███
    ▀███▄▄       ▄▄███▀
      ▀▀███████████▀▀
.
NaRkO
Full Member
***
Offline Offline

Activity: 154
Merit: 100



View Profile
July 19, 2017, 01:49:07 PM
 #38

Soo Risky Tongue
Zebedee23
Legendary
*
Offline Offline

Activity: 2086
Merit: 1001


View Profile
July 19, 2017, 09:30:40 PM
 #39

Yes, I agree the Fisch detectors are a great resource.

I'll be honest, I knew I was buying tungsten filled coins - I had less than honorable intentions at the time. Fortunately, my now wife instilled some morals in me, lol.

I appreciate you not taking offense about my suggestions though; it certainly makes me feel better about possible future purchases.

Lol ,good to hear youve found some morals . Takes guts & honesty to admit your misdeeds !! Smiley

▄▄▄███████▄▄▄
▄█████████████████▄
▄█████████████████████▄
█████████████████████████
██████████        ▀████████
█████████    ████▄  █████████
█████████▀▀  ▀▀▀▀   █████████
█████████▄▄  ▄▄   ▄██████████
▀██████████  ███▄  ▀████████▀
▀█████████▄▄█████▄▄███████▀
▀███████████████████████▀
▀███████████████████▀
▀▀█████████████▀▀
▀▀▀▀▀▀▀
.Reserve.
▄▄▄███████▄▄▄
▄█████████████████▄
▄█████████████████████▄
████████▀▀▀███▀▀▀████████
█████████   ███   █████████
███████               ███████
██████████   ███   ██████████
██████████   ███   ██████████
▀██████               ██████▀
▀████████   ███   ████████▀
▀███████▄▄▄███▄▄▄███████▀
▀███████████████████▀
▀▀█████████████▀▀
▀▀▀▀▀▀▀
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀

.Reserve Your Rights.
coinenthu
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
July 19, 2017, 11:12:30 PM
 #40

Are you guys aware of particl-a decentralized market place
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!