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Bitcoin Forum > Economy > Marketplace > Goods > [WTS] Gold 1.8 oz from Bullion Vault
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Author Topic: [WTS] Gold 1.8 oz from Bullion Vault  (Read 948 times)
kickdapa (OP)
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May 30, 2014, 05:44:43 AM
 #1
Couldnt figure is this is the correct place to post

I have 1.8oz of gold through Bullionvault.com and would like to know how i can use it or trade it to btc? If you have any experience with this type of trade please get in touch
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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aatrox
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May 30, 2014, 06:30:20 AM
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How do I verify the gold is legit?
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May 30, 2014, 06:33:07 AM
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Im sure you cant transfer gold between accounts on bullionvault.

Your only option would be to sell it and then buy btc with the cash.
kickdapa (OP)
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May 30, 2014, 08:50:06 AM
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Quote from: markj113 on May 30, 2014, 06:33:07 AM
Im sure you cant transfer gold between accounts on bullionvault.

Your only option would be to sell it and then buy btc with the cash.

Thought as much. They  should add a transfer function. That would bring some movement.
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May 30, 2014, 08:52:22 AM
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Quote from: aatrox on May 30, 2014, 06:30:20 AM
How do I verify the gold is legit?

You would have to melt it down with acids.
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May 30, 2014, 09:08:07 AM
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bullionvault is more of trading platform than too take physical delivery.
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May 30, 2014, 11:17:06 AM
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its a trading platform
cashout on site with gold and then buy btc
kickdapa (OP)
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May 30, 2014, 05:49:01 PM
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Got it. Im going to hold for now.

Thanks guys
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May 30, 2014, 06:02:00 PM
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Quote from: kickdapa on May 30, 2014, 05:49:01 PM
Got it. Im going to hold for now.

Thanks guys

You want to sell the gold on bullionvault and buy silver.

The GSR (gold/silver ratio) favors silver at the moment, switch in to silver now then when the GSR gap closes switch back in to gold.

You'll end up with more gold than you started for no extra cash.
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May 30, 2014, 06:12:48 PM
 #10
Quote from: markj113 on May 30, 2014, 06:02:00 PM
Quote from: kickdapa on May 30, 2014, 05:49:01 PM
Got it. Im going to hold for now.

Thanks guys

You want to sell the gold on bullionvault and buy silver.

The GSR (gold/silver ratio) favors silver at the moment, switch in to silver now then when the GSR gap closes switch back in to gold.

You'll end up with more gold than you started for no extra cash.

How to i read these charts? Or what exactly am I looking for?

http://www.kitco.com/Gold_Silver_Ratio_Charts/gold-silver-ratio-charts.html
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May 30, 2014, 06:20:23 PM
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Have a read here, lots of good advice -

http://forums.silverstackers.com/
kickdapa (OP)
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May 30, 2014, 11:51:19 PM
 #12
Quote from: markj113 on May 30, 2014, 06:20:23 PM
Have a read here, lots of good advice -

http://forums.silverstackers.com/

Thanks, that is a pretty cool website. I traded all the gold for silver. I have 125oz of silver now which is very cool.
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June 20, 2014, 08:27:09 AM
 #13
Quote from: kickdapa on June 20, 2014, 06:22:32 AM
Quote from: markj113 on May 30, 2014, 06:02:00 PM
Quote from: kickdapa on May 30, 2014, 05:49:01 PM
Got it. Im going to hold for now.

Thanks guys
You want to sell the gold on bullionvault and buy silver.

The GSR (gold/silver ratio) favors silver at the moment, switch in to silver now then when the GSR gap closes switch back in to gold.

You'll end up with more gold than you started for no extra cash.
would like to say thanks. i did exactly what you said and sold today and have 530 more then i started.


Well done Smiley
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