I resigned from participation in BitGold straight when i was registering there few months ago. With time, i'm only more sure it was a good decision.
Referral spam + similar name + way of marketing is like a twin of BitClub. (which is "only" suspected scam)
BitGold looks for me like one big referral safari, what is typical for Ponzis.
I do not know if it's a scam or not, but I certainly will not participate in this program.
Topic: Bitgold - Legit or scam ? (Read 4826 times)
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The simple way to use credit/debit cards and yet have gold backing is to just do things the old-fashioned way:
1) Buy and HODL gold.
2) Use ordinary credit/debit cards just as you always have.
* * *
If, for whatever reason, you want gold OUT of your own personal control (the only reason I could see is that your home would not be secure) there are other options. These include local storage (safety deposit box, Brinks & similar, etc.) and overseas storage.
Note that I do NOT recommend other people storing YOUR gold.
Hodl is not a gold its a kind of digital altcoin.. The simple way to use credit/debit cards and yet have gold backing is to just do things the old-fashioned way:
1) Buy and HODL gold.
2) Use ordinary credit/debit cards just as you always have.
* * *
If, for whatever reason, you want gold OUT of your own personal control (the only reason I could see is that your home would not be secure) there are other options. These include local storage (safety deposit box, Brinks & similar, etc.) and overseas storage.
Note that I do NOT recommend other people storing YOUR gold.
I heard that bitgold is scam and some of them are saying that bitgold are legit.. Im realy confused but i never trusted bitgold.. because they need your real information..
My understanding of the term "HODL" is that it is a fun way of spelling "hold", as in we who own it "hold" Bitcoin. That is what I meant when I wrote "HODL".
Bitgold may or may not be a scam, I don't know. I did see that they ponied up for an ad in a mining (as in metals mining, not BTC) magazine I recently bought.
But, why should I (with my own circumstances) take the chance that it is a scam? I will just HODL my own physical gold, and use credit cards when I want.
...
The simple way to use credit/debit cards and yet have gold backing is to just do things the old-fashioned way:
1) Buy and HODL gold.
2) Use ordinary credit/debit cards just as you always have.
* * *
If, for whatever reason, you want gold OUT of your own personal control (the only reason I could see is that your home would not be secure) there are other options. These include local storage (safety deposit box, Brinks & similar, etc.) and overseas storage.
Note that I do NOT recommend other people storing YOUR gold.
Hodl is not a gold its a kind of digital altcoin.. The simple way to use credit/debit cards and yet have gold backing is to just do things the old-fashioned way:
1) Buy and HODL gold.
2) Use ordinary credit/debit cards just as you always have.
* * *
If, for whatever reason, you want gold OUT of your own personal control (the only reason I could see is that your home would not be secure) there are other options. These include local storage (safety deposit box, Brinks & similar, etc.) and overseas storage.
Note that I do NOT recommend other people storing YOUR gold.
I heard that bitgold is scam and some of them are saying that bitgold are legit.. Im realy confused but i never trusted bitgold.. because they need your real information..
...
The simple way to use credit/debit cards and yet have gold backing is to just do things the old-fashioned way:
1) Buy and HODL gold.
2) Use ordinary credit/debit cards just as you always have.
* * *
If, for whatever reason, you want gold OUT of your own personal control (the only reason I could see is that your home would not be secure) there are other options. These include local storage (safety deposit box, Brinks & similar, etc.) and overseas storage.
Note that I do NOT recommend other people storing YOUR gold.
The simple way to use credit/debit cards and yet have gold backing is to just do things the old-fashioned way:
1) Buy and HODL gold.
2) Use ordinary credit/debit cards just as you always have.
* * *
If, for whatever reason, you want gold OUT of your own personal control (the only reason I could see is that your home would not be secure) there are other options. These include local storage (safety deposit box, Brinks & similar, etc.) and overseas storage.
Note that I do NOT recommend other people storing YOUR gold.
i had a very bad experience whit bitgold-scam. They suspended my account wort some hundreds of dollars, it's been about 10 days and i'm not receiving info from support, they delete my message in the community. I have sent about 10 mails to support. This is sick.
Any tips guys? What can i do?
Any tips guys? What can i do?
Probably nothing much honestly , but I'm more then sure there is a reason behind this .
From where you got the funds ? I assume you got them from referals ? If it's the case then it's probably done by them if they saw you abusing it somehow . (Or felt like you are abusing it even if you didn't)
You should know that they check referrals always and they make sure they are not from bots or something like that .
i had a very bad experience whit bitgold-scam. They suspended my account wort some hundreds of dollars, it's been about 10 days and i'm not receiving info from support, they delete my message in the community. I have sent about 10 mails to support. This is sick.
Any tips guys? What can i do?
Any tips guys? What can i do?
Did anybody try to redeem physical gold from them recently?
The OP is trying to establish the current view around here about BitGold, especially given what's been brought up previously https://bitcointalk.org/index.php?topic=1133534.380
I've folled and read this entire topic, and my opinion is still the same: Bitgold has a great product, a modern "digital gold standard", but I don't trust them. For one, they're not a bank, so the normal rules and government regulations (for banks) don't apply to them.Second, they seem unable to handle their core business. They say all their gold has a physical equivalent in a vault, and yet payments can get a charge back, which makes is useless for any transaction. Users have even reported negative balances, and I know for a fact "negative physical gold" does not exist, which means it's nothing more than a number in a computer instead of the physical gold they claim.
If you want gold, there are many cheaper and less risky ways.
I agree. The good thing about Bitgold would be an easy entry to the gold market. If only a local shop would sell 10 gram cubes 
I'm following this thread for a while and still can't decide scam or not. Any member+ reviewed it?
I suggest you to join bitgold and experience it yourself. But I never suggest you to invest. Free of cost you can join, test and conclude bitgold.
There is no other way will help you to confirm better than your own experience to find it is scam or legit.
you can now buy DGX Tokens - Ethereum based and backed real gold token. this is the future. unlike some shady centralized "gold" service
I'm following this thread for a while and still can't decide scam or not. Any member+ reviewed it?
I suggest you to join bitgold and experience it yourself. But I never suggest you to invest. Free of cost you can join, test and conclude bitgold.
There is no other way will help you to confirm better than your own experience to find it is scam or legit.
I'm following this thread for a while and still can't decide scam or not. Any member+ reviewed it?
Scam....
I have used only "the golden heart" program on bitgold. (golden heart is type of referral program). I referred my friends to this program, but after some days they reduced my balance for no reasons..
I have used only "the golden heart" program on bitgold. (golden heart is type of referral program). I referred my friends to this program, but after some days they reduced my balance for no reasons..
If someone chargebacked or got banned , balance that you got from him will be reduced as far as I know . So check if it's the case or not
Scam....
I have used only "the golden heart" program on bitgold. (golden heart is type of referral program). I referred my friends to this program, but after some days they reduced my balance for no reasons..
I have used only "the golden heart" program on bitgold. (golden heart is type of referral program). I referred my friends to this program, but after some days they reduced my balance for no reasons..
I have few gram bitgold but they are not widely accepted as bitcoin so i am unable to spend those. I think lots of newbie may have given review after being in similar situation but i don't get any point to say them scam.
Still need reviews and feedbacks about this company , please take couple of minuts from your time to help the community !
Spend 0.1BTC (should be enough for 1g of gold) and write a review here
All community will acknowledge it
Review is not for me , It's for the community .
I already gave my review and I already used Bitgold and everything went fine for me & others however some people say that It's not legit , so I made this thread so we see the most reviews (bad or good) and decide if we should add it to the Scam list or not .
Still need reviews and feedbacks about this company , please take couple of minuts from your time to help the community !
Spend 0.1BTC (should be enough for 1g of gold) and write a review here
All community will acknowledge it
Still need reviews and feedbacks about this company , please take couple of minuts from your time to help the community !
I would still advice this is not the right time to invest on bitgold.Haven't you seen the recent accusations in the section or just google the bitcgold scam.You can see how beautifully they have played this all out.I don't have any reasons to back it up but the entire idea of online gold which can never be felt or seen or probably you have to pay almost the same amount as your gold price to have it shipped sounds fishy to me.I'm quite sure they are 100 other alternatives to bitgold for investing.
Still need reviews and feedbacks about this company , please take couple of minuts from your time to help the community !
Bitgold.com is still on the Pending list so if you have anything to add on this topic then please do .
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