Gold collapsing. Bitcoin UP.

[oakpacific]

 Where's cypherdoc?

You can count on him to show up when the rally gets heated up.

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[cypherdoc]

 Where's cypherdoc?

Lol!

i've been hanging out in the mining forums gearing up for the Avalon and BFL arrivals as well as concentrating on the newsletter.

most of my work in the Spec Forum is now accomplished in the Big Picture.  remember that the first 2 threads i ever made here, other than in the Economics Forum, were at the great depression bottom at the end of 2011 to counteract all the FUD:

Warning: How many of you Bears have ever been a victim of a Short Squeeze?

How many of you have been Zhoutonged?

we now have a new legion of followers who are more than capable of leading the revolution.

[cypherdoc]

 Where's cypherdoc?

actually, the real question should be; where's all the gold and silver bugs?

[memvola]

What is the best place to buy gold? I checked out Coinabul but the prices seem a little steep. Also, I would prefer a seller in EU.

I figured this is the place to ask, and it could be helpful for newbies who are following this thread.

[miscreanity]

actually, the real question should be; where's all the gold and silver bugs?

I don't know about the bugs, but the realists never left

What is the best place to buy gold? I checked out Coinabul but the prices seem a little steep. Also, I would prefer a seller in EU.

I figured this is the place to ask, and it could be helpful for newbies who are following this thread.

Hong Kong & Singapore with cash in hand. Barring that, I'd work with Gold Bullion International to avoid pitfalls in what is becoming a treacherous market. Especially of interest is the physical dividend program.

As for prices now, it's only thanks to monumental dealer efforts that the premiums haven't blown out yet.

[Spaceman_Spiff]

What is the best place to buy gold? I checked out Coinabul but the prices seem a little steep. Also, I would prefer a seller in EU.

I figured this is the place to ask, and it could be helpful for newbies who are following this thread.

I like http://www.kronwitter-muenzen.de , although the website is only viewable in German.  I don't have any affiliation with the site, but I believe they are trustworthy (If not [I haven't done any hole drilling or chemical tests on my PMs], then I would rather hear about it here than to buy more from them   ).

[labestiol]

actually, the real question should be; where's all the gold and silver bugs?

I don't know about the bugs, but the realists never left

Same here. I wouldn't qualify myself as a bug (I did sold some PM to buy bitcoin in december, lucky timing  ), but I still have some PM for diversification purpose (helps me sleep better).
I still think gold is not collapsing but correcting, and I also think bitcoin is not up, it's exploding. Still confident I'll win this 1BTC bet

What is the best place to buy gold? I checked out Coinabul but the prices seem a little steep. Also, I would prefer a seller in EU.

I figured this is the place to ask, and it could be helpful for newbies who are following this thread.

I like http://www.kronwitter-muenzen.de , although the website is only viewable in German.  I don't have any affiliation with the site, but I believe they are trustworthy (If not [I haven't done any hole drilling or chemical tests on my PMs] then I would rather hear about it here than to buy more with them   ).

That's where I bought most of my silver, so I also think they are trustworthy (though they sucked at communication). The other seller I used was Geiger Edelmetalle, and they were perfect. Germany is better for silver because it's (afaik) the lowest vat in the Schengen zone on silver.
And I bought & sold gold from a french company, ccopera.com

[memvola]

Thank you all, they all look very competitive. However I'd very much prefer to buy with bitcoins, as long as trust and exchange rate is comparable to those you mentioned. Any recommendations?

[labestiol]

Thank you all, they all look very competitive. However I'd very much prefer to buy with bitcoins, as long as trust and exchange rate is comparable to those you mentioned. Any recommendations?

Unfortunately, not yet in the EU (that I know of)

[molecular]

Thank you all, they all look very competitive. However I'd very much prefer to buy with bitcoins, as long as trust and exchange rate is comparable to those you mentioned. Any recommendations?

Unfortunately, not yet in the EU (that I know of)

thanks for the links, lebastiol. Was looking for someone reputable to sell me one of these in case gold drops more: http://www.kronwitter-muenzen.de/2001-1-mark-goldmark-p-133.html

[rpietila]

That's where I bought most of my silver, so I also think they are trustworthy (though they sucked at communication). The other seller I used was Geiger Edelmetalle, and they were perfect. Germany is better for silver because it's (afaik) the lowest vat in the Schengen zone on silver.
And I bought & sold gold from a french company, ccopera.com

Actually the lowest VAT is in Estonia. There is a really great pricing on Silver Maple Leafs here:
https://bitcointalk.org/index.php?topic=151800.0

In BTCitcoins, naturally

[molecular]

That's where I bought most of my silver, so I also think they are trustworthy (though they sucked at communication). The other seller I used was Geiger Edelmetalle, and they were perfect. Germany is better for silver because it's (afaik) the lowest vat in the Schengen zone on silver.
And I bought & sold gold from a french company, ccopera.com

Actually the lowest VAT is in Estonia. There is a really great pricing on Silver Maple Leafs here:
https://bitcointalk.org/index.php?topic=151800.0

In BTCitcoins, naturally

It's nice you can sell w/o VAT, but your price (0.75 BTC/oz * 36.81 EUR/BTC = 27.6 EUR/oz) is still €2 higher than the price by "kronwitter" mentioned above (23.925 EUR/oz * 1.07 (VAT) = 25.60 EUR/oz), even though that include 7% VAT. Excluding their VAT you're 15% above kronwitter.

[miscreanity]

Bitcoin collapsing. Litecoin UP.

[rpietila]

It's nice you can sell w/o VAT, but your price (0.75 BTC/oz * 36.81 EUR/BTC = 27.6 EUR/oz) is still €2 higher than the price by "kronwitter" mentioned above (23.925 EUR/oz * 1.07 (VAT) = 25.60 EUR/oz), even though that include 7% VAT. Excluding their VAT you're 15% above kronwitter.

If you plan on supporting fiat economy, kronwitter is probably a good choice I don't have time to think about euro going up or down...

Do you know any business that sells for BTC.73125000 or less? I can match any competition 

[Melbustus]

Bitcoin collapsing. Litecoin UP.

lol...

Litecoin has now caught up to bitcoin's run-up. Remember when btc tripled, but ltc hadn't budged? It just made the whole move in a week.

I don't know how I feel about litcoin... By design it's max value is 0.25btc. But I'd discount that AT LEAST 10-fold since there can't really be two valuable crypto-currencies unless they have very different properties, which ltc and btc obviously don't. So that's 0.025btc/ltc. It's at 0.0093btc now. And 10x may be generous. 50x might be more accurate.

[marcus_of_augustus]

What is the best place to buy gold? I checked out Coinabul but the prices seem a little steep. Also, I would prefer a seller in EU.

I figured this is the place to ask, and it could be helpful for newbies who are following this thread.

Heard good things about these guys, think they are based in Europe (germany?)

http://bitcoincommodities.com/index.php

[Spaceman_Spiff]

What is the best place to buy gold? I checked out Coinabul but the prices seem a little steep. Also, I would prefer a seller in EU.

I figured this is the place to ask, and it could be helpful for newbies who are following this thread.

Heard good things about these guys, think they are based in Europe (germany?)

http://bitcoincommodities.com/index.php

Well, it is a way to buy PMs with bitcoin in Europe, but they are more expensive than the traditional alternatives.

[cypherdoc]

Bitcoin collapsing. Litecoin UP.

that IS funny. 

[miscreanity]

lol...

Litecoin has now caught up to bitcoin's run-up. Remember when btc tripled, but ltc hadn't budged? It just made the whole move in a week.

I don't know how I feel about litcoin... By design it's max value is 0.25btc. But I'd discount that AT LEAST 10-fold since there can't really be two valuable crypto-currencies unless they have very different properties, which ltc and btc obviously don't. So that's 0.025btc/ltc. It's at 0.0093btc now. And 10x may be generous. 50x might be more accurate.

The nice thing about Litecoin gaining some traction is that it's like a lifeboat. It functions almost exactly the same as Bitcoin, only on a smaller scale, so there's no need to take the arguably greater risk of converting to fiat for arbitrage.

Oddly enough, Litecoin should gain some credibility when GPU miners shift over to it precisely because it's so similar. In doing so, it should also act as a stabilizing asset pool to Bitcoin volatility. Bitcoin's silver, indeed.

Edit: And if Ripple does what it proposes, the major Bitcoin exchanges may have much smaller roles to play; they'll be more of a gateway between fiat and cryptocurrencies, with the latter being easily traded around the Ripple network without ever needing to leave.

[miscreanity]

Gold up. Bitcoin stable.