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Topic: Bitgold - Legit or scam ? - page 2. (Read 4775 times)

staff
Activity: 3500
Merit: 6152
January 26, 2016, 01:13:48 PM
#45
So as Minifrij decided to do here and like it's mentioned here : https://bitcointalksearch.org/topic/m.13677522
I will leave this topic open for the next week and we will see the reviews and feedbacks coming , and Bitgold will be added/removed from the Scam list based on those reviews .
Rules stays the same , Newbies and Junior members accounts won't be taken seriously .
legendary
Activity: 1764
Merit: 1000
January 26, 2016, 07:43:05 AM
#44
...

I take the old-fashioned view of gold: If you can't stand in front of it, and defend it with an AR-15, then you don't own it.

In other words, find a way to be able to buy and hide your physical gold.

If Bitgold ever defaults (like during a gold price reset to $50,000...), then the BEST you could hope for would be cash settlement, and that would be at a lower price (before the sudden reset).

Holding your gold close is just so much better.

This makes sense.
If they are a scam it should be know, but in the mean time buy gold directly.

There are many places these day where you can buy gold, even with bitcoin.

Bitgold isn't just about buying gold, there are plenty of good places to do so, it's about using gold as a currency easily.

check out digix.io - they just started to trade real gold backed tokens on ethereum blockchain. that's how it should be, not via a shady centralized website.
legendary
Activity: 2786
Merit: 1031
January 26, 2016, 06:43:25 AM
#43
...

I take the old-fashioned view of gold: If you can't stand in front of it, and defend it with an AR-15, then you don't own it.

In other words, find a way to be able to buy and hide your physical gold.

If Bitgold ever defaults (like during a gold price reset to $50,000...), then the BEST you could hope for would be cash settlement, and that would be at a lower price (before the sudden reset).

Holding your gold close is just so much better.

This makes sense.
If they are a scam it should be know, but in the mean time buy gold directly.

There are many places these day where you can buy gold, even with bitcoin.

Bitgold isn't just about buying gold, there are plenty of good places to do so, it's about using gold as a currency easily.
hero member
Activity: 994
Merit: 500
January 26, 2016, 04:58:08 AM
#42
...

I take the old-fashioned view of gold: If you can't stand in front of it, and defend it with an AR-15, then you don't own it.

In other words, find a way to be able to buy and hide your physical gold.

If Bitgold ever defaults (like during a gold price reset to $50,000...), then the BEST you could hope for would be cash settlement, and that would be at a lower price (before the sudden reset).

Holding your gold close is just so much better.

This makes sense.
If they are a scam it should be know, but in the mean time buy gold directly.

There are many places these day where you can buy gold, even with bitcoin.
legendary
Activity: 966
Merit: 1042
January 25, 2016, 09:17:06 PM
#41
...

I take the old-fashioned view of gold: If you can't stand in front of it, and defend it with an AR-15, then you don't own it.

In other words, find a way to be able to buy and hide your physical gold.

If Bitgold ever defaults (like during a gold price reset to $50,000...), then the BEST you could hope for would be cash settlement, and that would be at a lower price (before the sudden reset).

Holding your gold close is just so much better.

I'd have to agree with this.

Why bother trusting them? You can literally just buy gold. It just seems too easy. Also, the 1st time posters coming on here to give a huge in-depth review only raises my suspicions.
legendary
Activity: 2912
Merit: 1852
January 25, 2016, 09:04:01 PM
#40
...

I take the old-fashioned view of gold: If you can't stand in front of it, and defend it with an AR-15, then you don't own it.

In other words, find a way to be able to buy and hide your physical gold.

If Bitgold ever defaults (like during a gold price reset to $50,000...), then the BEST you could hope for would be cash settlement, and that would be at a lower price (before the sudden reset).

Holding your gold close is just so much better.
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
January 25, 2016, 01:52:39 PM
#39
I signed up once & had around $60 worth of 'Gold' on there. My phone broke & I lost the SIM trying to move it so I didn't have access to the number I used to signup, so I couldn't log in. I contacted support and they wouldn't help, said that they couldn't do anything about it. Never signed up again because it still asks for a number to sign up & that's annoying because I don't have one anymore :-(

I think that this is permanent loss, although the loss of clock or credit cards and so on, but if you take into account that there is a service of Internet-Bank, it is likely something can be done on other data, for example, checking a Bank account or something, but I think it's not a mistake of the service, but some drawbacks still there and it is likely that assistance was not given in consequence of omissions in the rules that they advice such cases to provide, although
full member
Activity: 160
Merit: 100
January 24, 2016, 06:42:15 AM
#38
I signed up once & had around $60 worth of 'Gold' on there. My phone broke & I lost the SIM trying to move it so I didn't have access to the number I used to signup, so I couldn't log in. I contacted support and they wouldn't help, said that they couldn't do anything about it. Never signed up again because it still asks for a number to sign up & that's annoying because I don't have one anymore :-(
staff
Activity: 3500
Merit: 6152
January 24, 2016, 06:39:07 AM
#37
I'd like to see more opinions about this matter please (from people who used it only) . Newbies and Junior members reviews won't be taken seriously because they could be different alternative accounts for Bitgold themselves .So please guys try to not spam the topic a lot and only give reviews if you used the company before .
legendary
Activity: 1764
Merit: 1000
January 24, 2016, 06:18:50 AM
#36
newbie
Activity: 8
Merit: 0
January 23, 2016, 10:41:44 PM
#35
The only thing these guys had going for them was the referral program..

Many scam like behaviours to me:

Lucrative viral marketing campaign they had no intention of honouring (takes back money after being cleared for many months).
Lot of promises of safety, but no proof in law (as seen above - they can just take it).
Hard to get money in and out for most of the world.
Willing to change terms retrospectively when it suits them (and never to their own cost).

And finally - shitting on people that helped them out in their referral program is pretty nasty.

If you want gold, there are many cheaper and less risky ways.

sr. member
Activity: 406
Merit: 250
January 23, 2016, 10:12:38 PM
#34
newbie
Activity: 7
Merit: 0
January 23, 2016, 08:15:06 PM
#33
Hello! As my username suggests, my name is Melanie and I am the VP of Customer Success at BitGold. I made this account to respond to the thread you have referenced in your original post a couple months ago. There was a lot of confusion there, so I provided a brief response and advised posters on how they can contact us to ask any questions they might have ([email protected]).

I understand that you want to hear from more established members of this forum, and that I carry an obvious bias as an employee, so I'm just here to provide a few resources that you and others might find helpful.

The accusations that we are a "scam" are coming from those who have tried to take advantage of our referral program, which is prohibited in our Terms of Service. This program will be updated to further discourage abuse of the program, as is discussed here:

Update to the Golden Heart Referral Program from BitGold CEO Darrell MacMullin - community.bitgold.com/discussion/468/

Here are some resources that may be helpful! Definitely much more to learn from our website and other media, but these will help give you a quick rundown of how BitGold operates. If you have any questions please to feel free to reach out.

BitGold's Safety and Security page (including information about our regulatory compliance, auditing information, insurance, and more) - https://www.bitgold.com/safety-security#/

Public Regulatory Filings of GoldMoney Inc. (BitGold's parent company) - http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00037170

Interview with CEO Darrell MacMullin on Bloomberg TV - http://bloombergtv.ca/news/industries/tech-and-health/bitgold-ceo-were-in-the-middle-of-a-technology-revolution/

Interview with CEO Darrell MacMullin and co-founder Josh Crumb on BNN - http://www.bnn.ca/Video/player.aspx?vid=788076
legendary
Activity: 1764
Merit: 1000
January 23, 2016, 04:19:36 PM
#32
I think the site and the company itself is not a scam. they are truly legit.
http://mysuccessonlinemarketing.com/is-bitgold-a-scam-my-review-and-thoughts-on-it

But, as any new company dealing with bitcoin the risks are pretty high and so you need to decide if its worth it to invest.

you can't even withdraw bitcoin. it's only throwing bitcoin at them.
hero member
Activity: 504
Merit: 500
January 23, 2016, 03:49:44 PM
#31
I think the site and the company itself is not a scam. they are truly legit.
http://mysuccessonlinemarketing.com/is-bitgold-a-scam-my-review-and-thoughts-on-it

But, as any new company dealing with bitcoin the risks are pretty high and so you need to decide if its worth it to invest.
legendary
Activity: 1596
Merit: 1027
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
January 23, 2016, 12:53:42 PM
#29
To a certain extent they're scam since its a legit company.Now cryptsy was a legit company too until they scammed.The thing about such companies which offer virtual investments is,they aren't publicly shared or limited (such as stocks/public investment options).Therefore it's always a high probability of them dumping everything and burn the data .Since the investors have invested on their own risks,a public petition would hardly matter in the court .I would not be surprised if bitgold is called a Ponzi which will dump its users someday.
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
January 23, 2016, 05:38:03 AM
#28
From what I have seen,the site is not scam but they way it works ,its not meant to guarantee you any profits.Because everything is just virtual and if you want to buy out or ship your order,the shipping charges involved are as good as the actual price of the gold you're importing.Ofcourse you wouldn't wanna ship,in other words,it simply means they're keeping your investments hooked on to the site with false hopes.This is just too good marketing .Not a scam though.
legendary
Activity: 1764
Merit: 1000
January 23, 2016, 05:32:58 AM
#27
After some serious research and due diligence, I joined BitGold in November 2015 and have appreciated everything that it has allowed me to do.  I have bought grams of gold, redeemed some to the Gold Money card, invited people via the Golden Heart and affiliate programs, sent gifts of gold, engaged in the community forum, and much more.  It is the real deal.

all I see are brand new sockpuppets shilling for this site. doesn't make it look more legit

+1.
Less legit, if anything. The first one is embarrassing.

Hey BitGold, your social media manager is a moron.

absolutely. they probably got a google alert setup and jump on every forum thread to shill. this is literally the worst PR management in history
hero member
Activity: 756
Merit: 500
January 23, 2016, 03:24:34 AM
#26
not scam. atleast i never heard such a word for bitgold from any of its users so far.
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