one question about goldmoney. It looks like they take a storage fee every month from you as well as the fee for buying and selling.
Call me short sighted but I would prefer to spend a little bit more over spot and have a coin sitting on my desk rather than paying someone else to store it.
Topic: Bitcoin <--> GoldMoney - page 5. (Read 13678 times)
Yes interested, will PM.
I'm in. I have a GoldMoney account and will sell BTC for GoldMoney. Willing to go as slow as you want/need at first (I don't have many BTC right now anyway). PM me if interested.
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I found another article. I agree that they complement each other pretty well. Bitcoin is great for transactions and GoldMoney for storage of value.
My thoughts exactly! No matter how much I believe in Bitcoin, I'm not going to save in a currency that has only been around for a couple of years. So I figure: BTC = wallet / GM = piggybank.
Anybody has a GoldMoney Full Holding http://www.goldmoney.com/online-payments.html and wants to sell me some BTC for Gold?
Interesting. Wasn't aware the GoldMoney supported P2P transfers. This can be for any of the metals, including silver. Incidentally, the fee is about 1% with an upper limit / cap at about roughly $5.
My conclusion is that they could work very well in combination, they complement each other pretty well considering how different they are...
I found another article. I agree that they complement each other pretty well. Bitcoin is great for transactions and GoldMoney for storage of value.
A couple of interesting articles comparing BTC and GoldMoney and pointing out their relative flaws/strengths:
Bitcoins backed by gold launched
http://irdial.com/blogdial/?p=3103
Why Are Libertarians Against Bitcoin?
http://themonetaryfuture.blogspot.com/2011/06/why-are-libertarians-against-bitcoin.html
Doug Casey on Bitcoin and Currencies
http://www.caseyresearch.com/cwc/doug-casey-bitcoin-and-currencies
FOFOA
http://fofoa.blogspot.com/2011/06/bitcoin-open-forum-part-3.html
My conclusion is that they could work very well in combination, they complement each other pretty well considering how different they are...
Bitcoins backed by gold launched
http://irdial.com/blogdial/?p=3103
Why Are Libertarians Against Bitcoin?
http://themonetaryfuture.blogspot.com/2011/06/why-are-libertarians-against-bitcoin.html
Doug Casey on Bitcoin and Currencies
http://www.caseyresearch.com/cwc/doug-casey-bitcoin-and-currencies
FOFOA
http://fofoa.blogspot.com/2011/06/bitcoin-open-forum-part-3.html
My conclusion is that they could work very well in combination, they complement each other pretty well considering how different they are...
I would like to start small, especially since there's probably no escrow service we can use. Also check the seller's reputation any way possible.
I would buy 100$ first, could work my way up to 1000$ after trust is established.
Regarding exchangers... what about http://bitcoin-otc.com/ ? I hear good things.
I would buy 100$ first, could work my way up to 1000$ after trust is established.
Regarding exchangers... what about http://bitcoin-otc.com/ ? I hear good things.
I also want to purchase BTC via GoldMoney. I found one seller but he wants a minimum of $10,000 for the first deal. If you are willing to pick up a few thousand I will go ahead and buy a large batch and then make a deal with you later. PM me.
An exchange would be great but I doubt GM would let it last very long as they do not do any digital currency exchanges and stay very safe for their regulators from the Jersey Financial Services Commission for KYC and AML requirements.
An exchange would be great but I doubt GM would let it last very long as they do not do any digital currency exchanges and stay very safe for their regulators from the Jersey Financial Services Commission for KYC and AML requirements.
Anybody has a GoldMoney Full Holding http://www.goldmoney.com/online-payments.html and wants to sell me some BTC for Gold?
I would also be very interested in an automated BTC/GM exchange, since both systems are non-reversible, final, international, online and non-dollar based. Do any exist?
I would also be very interested in an automated BTC/GM exchange, since both systems are non-reversible, final, international, online and non-dollar based. Do any exist?
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