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Topic: [ANN] Buy Gold, Silver, and Platinum with Bitcoins (Read 2108 times)

hero member
Activity: 568
Merit: 500
DO NOT TRADE WITH DIGIMETALS!!

DIGIMETALS ARE SCAMMERS!

I ordered Gold on the 11th of April 2014. Queries were answered within a day before I paid.

6 weeks later no order has arrived and can get no response from Digimetals through the website or direct to Patrick Genaro's gmail address.

Order was for 3.81 BTC or $2440 at the time including shipping!

Also I contacted minutemancoins.com and they said they were not associated with Digimetals.com!

Thanks for the alert and sorry for your loss. Sad
escrow.ms was right in the very beginning...
member
Activity: 92
Merit: 10
DO NOT TRADE WITH DIGIMETALS!!

DIGIMETALS ARE SCAMMERS!

I ordered Gold on the 11th of April 2014. Queries were answered within a day before I paid.

6 weeks later no order has arrived and can get no response from Digimetals through the website or direct to Patrick Genaro's gmail address.

Order was for 3.81 BTC or $2440 at the time including shipping!

Also I contacted minutemancoins.com and they said they were not associated with Digimetals.com!
newbie
Activity: 17
Merit: 0
Congrats on your launch
thank you!

It's been a great month so far!

We are also now stocking the Chinese Panda 1oz and 1/4oz coins, as well as the Valcambi 100 x 1gm Silver Combibars!

https://digimetals.com/product-category/gold-rounds/

https://digimetals.com/product/100x-1-gram-valcambi-silver-combibar-assay-999-fine/
full member
Activity: 154
Merit: 100
Congrats on your launch
newbie
Activity: 17
Merit: 0
Is that your Minuteman coin's website?
http://minutemancoins.com

I think you should use any escrow services till your company gets registered.

Ps:
You can also ask some trusted member (Someone from USA) to verify your phone number or identity and probably post real photos of some items you are selling on your site.
Thank you for this. We have taken some extra measures.

1. All payments processed through Bitpay (and as such, we have had to stop accepting Litecoin payments for the moment).
2. Lower cost items added, along with real photos taken by us.
3. Added flat rate shipping for both US and International orders. Insurance will still cost extra.
4. Overhauled the site (and we're not done yet!).

As a caveat, we just celebrated our 10th order paid for with Bitcoins! I believe one or two of them were from these forums! I am sending out a 10% off coupon to those who placed orders previously and asking them to post feedback that we can use.

EDIT: Yes, that is our collectibles shop.

https://digimetals.com
legendary
Activity: 1274
Merit: 1004
Is that your Minuteman coin's website?
http://minutemancoins.com

I think you should use any escrow services till your company gets registered.

Ps:
You can also ask some trusted member (Someone from USA) to verify your phone number or identity and probably post real photos of some items you are selling on your site.
newbie
Activity: 17
Merit: 0
I have removed my negative feedback but you still need to clear a lot questions.


1. Digimetals itself is new, correct. However our physical stores are not. Pat owns Minute Man Coins in Milford, and we use a network of brick and mortar stores in the area for stock.

Are you able to prove that, Minute Man store is yours or this site is owned by Minute man store?

Of course. Please help me come up with suggestions on how to accomplish this.

3. We weren't sure how accepting cryptocurrency payments would impact the business. Margins are much better on anything 1ozt or more. However, I can guarantee you we can match or beat prices on any of the major platforms such as Apmex. If you're looking for something specific, let us know.

Don't Mind but would you trust a new site that is selling high value products, also you should sell low value items despite of their profit margin, to build customers.

Understood. Suggestions on which products the community would want? If you're talking anything sub 1ozt, i can offer price matching for Apmex, Scottsdale Silver, and Monarch. We have some 5 gram bars and 1/2 ozt rounds in stock, I'll make sure they get added when the site is back up.

4. It was on the contact page, along with the address to Pat's house. It will be back on there when the site is up.


I didn't saw any phone number on contact page, also why you have given address of house instead of your shop?

Digimetals is run out of his home office. Seemed logical to do it this way. We are within 20 minutes of all the shops we use for stock.

8. This I don't understand. I would venture to guess that every bullion shop I have ever been in has had at least 3 in stock.

But those bullion shops are either very old and respected or they are selling it in their physical shop. I doubt anyone will even buy it from a new website.

Well, then it will sit in the safe until someone does. I really don't know what else I can do besides what I've previously offered. We have taken every precaution, and I have even convinced them to not do things such as paying for forum signatures for advertising until we build up some reputation.

Once again, I am happy to work out any reasonable deal involving escrow, any form of verification, or any other thing that may ease people's concerns.

legendary
Activity: 1274
Merit: 1004
I have removed my negative feedback but you still need to clear a lot questions.


1. Digimetals itself is new, correct. However our physical stores are not. Pat owns Minute Man Coins in Milford, and we use a network of brick and mortar stores in the area for stock.

Are you able to prove that, Minute Man store is yours or this site is owned by Minute man store?

3. We weren't sure how accepting cryptocurrency payments would impact the business. Margins are much better on anything 1ozt or more. However, I can guarantee you we can match or beat prices on any of the major platforms such as Apmex. If you're looking for something specific, let us know.

Don't Mind but would you trust a new site that is selling high value products, also you should sell low value items despite of their profit margin, to build customers.

4. It was on the contact page, along with the address to Pat's house. It will be back on there when the site is up.


I didn't saw any phone number on contact page, also why you have given address of house instead of your shop?

8. This I don't understand. I would venture to guess that every bullion shop I have ever been in has had at least 3 in stock.

But those bullion shops are either very old and respected or they are selling it in their physical shop. I doubt anyone will even buy it from a new website.
hero member
Activity: 994
Merit: 501
Possible scam website.
I will suggest you to avoid this website.

Here are some reasons:

1.No past history of company,
2. Domain was registered recently
3. all products have a value of 1000$+
4. No Phone number on website
5. No Vouch or feedback from any trusted user
6. Domain is Who.is Protected.
7. Company is not registered.
8. Selling 1 KG GOLD BAR

There are a lot of scams out there, no doubt.  And obviously some of the points above are concerning.  But he's tried to address most of them in the past.  I really don't think it's s scam.  Especially if he's willing to use escrow with a reputable member on this forum to prove that he is legit.  It's tough as a "new" business on the web accepting Bitcoin to prove you aren't scamming someone.
newbie
Activity: 17
Merit: 0
We removed mtgox pricing on the 11th, however we had an issue with w3cache and the new woocommerce update and customers were seeing a previously cached version of the site. Mtgox's inability to provide efficient service has led us away from using them as a pricing model. The site is temporarily offline while we switch to Bitpay for Bitcoins payment and examine avenues to continue handling Litecoins as well. We should be up within 24 hours.

Either myself or Pat will gladly work with you and are happy to use any legitimate escrow service. I'm pretty sure Pat will even be willing to pay escrow fees for the first couple, but I will have to double check to make sure.

Thanks to tecx9 for messaging us about this thread.

"Possible scam website.
I will suggest you to avoid this website.

Here are some reasons:

1.No past history of company,
2. Domain was registered recently
3. all products have a value of 1000$+
4. No Phone number on website
5. No Vouch or feedback from any trusted user
6. Domain is Who.is Protected.
7. Company is not registered.
8. Selling 1 KG GOLD BAR"

Thank you for the opportunity to clear the air on any concerns.

1. Digimetals itself is new, correct. However our physical stores are not. Pat owns Minute Man Coins in Milford, and we use a network of brick and mortar stores in the area for stock.

2. Correct, see above.

3. We weren't sure how accepting cryptocurrency payments would impact the business. Margins are much better on anything 1ozt or more. However, I can guarantee you we can match or beat prices on any of the major platforms such as Apmex. If you're looking for something specific, let us know.

4. It was on the contact page, along with the address to Pat's house. It will be back on there when the site is up.

5. No one from here has bought anything. Will gladly work out any reasonable deal with any reputable member to help show we are here to stay. Give me a chance to prove it to you.

6. This was answered a few weeks back, but it's something that comes with a domain registration with namecheap. We try to support the Bitcoin community whenever we can, and they were the only registrar we could find that accepted BTC. We used namecheap for registration and have a dedicated server with inmotion for maximum security. We also have a verified Comodo SSL certificate that Pat had to sign some forms and get notarized for. We have had the privacy removed for well over a month now, please try a different whois service.  http://whois.domaintools.com/digimetals.com

7. Minute Man is and Digimetals, LLC will be soon. Was a busy last month with post holiday sales and family visitations. I will post when this is done, along with complete verification information.

8. This I don't understand. I would venture to guess that every bullion shop I have ever been in has had at least 3 in stock.

Again, i urge anyone interested to contact us, suggest an escrow, ask us to drive it to you, hire a carrier pigeon, etc. We will do whatever it takes to make a legitimate buyer happy and improve our reputation in the crypto community.

-John
legendary
Activity: 1274
Merit: 1004
Possible scam website.
I will suggest you to avoid this website.

Here are some reasons:

1.No past history of company,
2. Domain was registered recently
3. all products have a value of 1000$+
4. No Phone number on website
5. No Vouch or feedback from any trusted user
6. Domain is Who.is Protected.
7. Company is not registered.
8. Selling 1 KG GOLD BAR
hero member
Activity: 868
Merit: 1000
I changed my signature as well, but it still isn't showing - not sure what the rules are around here as i only visited a couple of times in 2011 for mining configs. Either way, thanks for being helpful!

You need to have 10 posts, in order to put links in your sig.
As I can see, your signature looks perfect now. Smiley
hero member
Activity: 994
Merit: 501
Anyone ordered from these guys yet?

Interested. But not sure if they can be trusted. Have not had a good experience with Coinabul so a bit worried...

And I noticed Bitcoin prices are coming from MtGox?

What's wrong with prices from Mt. Gox right now for buying? Wink   For his side at least...haha
legendary
Activity: 1316
Merit: 1000
Anyone ordered from these guys yet?

Interested. But not sure if they can be trusted. Have not had a good experience with Coinabul so a bit worried...

And I noticed Bitcoin prices are coming from MtGox?
member
Activity: 98
Merit: 10
Looks very interesting indeed:D
newbie
Activity: 17
Merit: 0
Interesting indeed.  A great way to diversify some of your holdings from XBT to gold, silver or platinum.  Pretty much the min price you're going to get on a American Gold Eagle out there today is ~$1250 with the average dealer selling for ~$1290, so their price of $1277 is actually very good.  And you can use your XBT to buy them which is great. 

Although I hate buying on "new" websites and "new" companies...

But either way I think it's a great start and I wish you good luck!
Thanks for your thoughts. We can price them as low as we do because of our belief in cryptocurrencies. We're essentially pricing the metals  at our cost, and banking on the rise and global adoption of cryptos to make the profit in the future. Happy customers now, happy owners later.
newbie
Activity: 17
Merit: 0
This forum has a good amount of downtime and is not always the easiest to access.
Change Your internet provider or use Opera in turbo mode, or use some VPN.

This forum is fast and work perfect.

About Your signature in forum, see that: http://www.sitepoint.com/forums/misc.php?do=bbcode here html code work not.
Thanks, i will look into that. I changed my signature as well, but it still isn't showing - not sure what the rules are around here as i only visited a couple of times in 2011 for mining configs. Either way, thanks for being helpful!
hero member
Activity: 994
Merit: 501
Interesting indeed.  A great way to diversify some of your holdings from XBT to gold, silver or platinum.  Pretty much the min price you're going to get on a American Gold Eagle out there today is ~$1250 with the average dealer selling for ~$1290, so their price of $1277 is actually very good.  And you can use your XBT to buy them which is great. 

Although I hate buying on "new" websites and "new" companies...

But either way I think it's a great start and I wish you good luck!
newbie
Activity: 56
Merit: 0
This forum has a good amount of downtime and is not always the easiest to access.
Change Your internet provider or use Opera in turbo mode, or use some VPN.

This forum is fast and work perfect.

About Your signature in forum, see that: http://www.sitepoint.com/forums/misc.php?do=bbcode here html code work not.
newbie
Activity: 17
Merit: 0
Anyone try it ? Is that real ? How can I trust you ?
Feel free to email or call with any questions. Someone wrote asking if i would use escrow for a few transactions, and the answer is yes, although it will have to be someone very, very trustworthy. I cannot sign off on shipping out a $40k gold bar to someone simply because a buddy of his on an online forum says he is a good guy. Now if it is a higher up admin, or preferably, an IRC channel admin/op, then we could probably pull it off. We are also in the process of adding some 1/4 and 1/2 ozt rounds to the shop on a limited run to help start the trust here on BTCtalk. I typically don't buy anything less than 1 ozt as it's near impossible to offer anything close to spot on them and at such a small amount (conversely you can get a hell of a deal on a 10ozt or kilo bar).

We at Digimetals noticed a severe lack of proper CRM in the cryptocurrency -> precious metals world and we have been working to fill that gap.

If any of you place an order from seeing this thread, please put that in the order notes upon checkout. I'll toss in some extra goodies and some airtite cases for whatever you purchase. Please feel free to contact us with any questions, but please try and do so through our website. This forum has a good amount of downtime and is not always the easiest to access. Thanks again, everyone!

https://digimetals.com
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