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 .
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 .
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 .
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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 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.
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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 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.
...
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 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.
...
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 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.
...
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 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 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
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'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 .
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.
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.
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
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
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.
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.
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.
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.
I wouldn't put my money on them if I were you!
here take a look:
https://bitcointalksearch.org/topic/bitgoldcom-is-completely-scam-1133534
https://www.reddit.com/r/Bitcoin/comments/2u54cc/is_bitgold_inc_a_scam/
here take a look:
https://bitcointalksearch.org/topic/bitgoldcom-is-completely-scam-1133534
https://www.reddit.com/r/Bitcoin/comments/2u54cc/is_bitgold_inc_a_scam/
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.
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.
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
not scam. atleast i never heard such a word for bitgold from any of its users so far.
i think still legit. many people in my group still using this site
I see a lot of new accounts that are getting created just for posting this review ,so ... Newbie - Junior members accounts reviews won't be taken seriously .
Keep it coming guys , I'd like to see more .
Keep it coming guys , I'd like to see more .
Well, it won't be the first time no one has taken me seriously … but in the end I was proven to be right.
This is a perfect example of why Internet polls have no statistical relevance. Highly biased sample. "Nine out ten repeat buyers of Brand X prefer it ten to one over all other brands."
You asked for the user experience for BitGold to decide if it is a scam, but what you really want are those people who are heavy BitCoin users (actually, heavy posters on this message board) who might also happen to use BitGold.
Any new folks who came in to answer your question about BitGold won't be taken seriously. Who will be? BitCoin users who don't have BitGold accounts? None of the Newbie posts on this thread have slammed BitCoin. Well, yeah I got pissed off at the "Sock Puppet" comment and brought up Mt. Gox. But that was in context of BitGold being a scam. BitGold isn't a scam. Now whether it is or will continue to be a well-run viable company is a different question.
I see a lot of new accounts that are getting created just for posting this review ,so ... Newbie - Junior members accounts reviews won't be taken seriously .
Keep it coming guys , I'd like to see more .
Keep it coming guys , I'd like to see more .
As requested here : https://bitcointalksearch.org/topic/m.13621760 I'm making this thread and based on the reviews given we will see if we should keep Bitgold on the Scam list or not .
So I'd like from people to be fair and give their reviews about Bitgold (the more reviews , the best ) [Give your review only if you used them already]
So I'd like from people to be fair and give their reviews about Bitgold (the more reviews , the best ) [Give your review only if you used them already]
I freely admit to responding to this thread at the request of BitGold, but I strongly object the fact that I will probably be labeled "Sock Puppet" for joining this community and responding to this post. I do not work for BitGold and really am just one of their customers.
Truth be told I have a BitCoin wallet, but with no way to deposit to it I lost interest. (Yeah, yeah, blame me for not finding a way to do it). Instead I found BitGold and access was easy and highly functional.
To quote Arlo Guthrie "you've got a lot of damn gall" to accuse BitGold of being a scam after Mt. Gox "lost" 650,000 BTC. Just sayin …
😎
Executive Summary - Not a scam. It is a serious, well-funded initiative to deploy a gold-based global money alternative to fiat (paper) currency. It appears to have been under development for several years and is founded by a couple of really smart guys. It has many features including extremely low exchange fees (1%), extremely low entry cost, multiple vault locations, prepaid debit card, and access to physical gold.
Take a look at http://contrafactual.com/2016/01/21/roy-sebag-and-josh-crumb/
Long story - Disclaimer: I am posting this at the request of BitGold via an email (probably from the OP). As an early adopter of the BitGold platform I am more than willing to share my observations. I specifically did not read any of the other replies prior to posting this to avoid any bias.
I joined BitGold shortly after they announced operations in the US last August. After a significant amount of research, I opened an account and deposited $40 US to the New York vault (equivalent to 1.061g Au). I then followed with additional sized deposits to New York and Zurich. One of the things that I like about BitGold is the low cost of 1% per transaction. Shortly thereafter I requested a Prepaid Card. I did not realize it at the time, but the Prepaid Card was still in "beta". The first card said BitGold, the new ones say GoldMoney (BitGold acquired GoldMoney in May of 2015). In November I loaded a few hundred dollars on to the Prepaid Card to cover some emergency costs. Buying gold is easy via ACH transfer from my bank and it takes just a day or two (standard ACH time). I also purchased some gold with a credit card - equally easy. Loading the Prepaid Card through sale of gold also takes about a day (maybe less now). I had no problems using the Prepaid Card.
I have not yet ordered a 10g .9999 fine Au GoldCube, but here are some folks who did …
http://youtu.be/baRa8T_hywA
http://youtu.be/vsYp8s0rps8
BitGold also has nice little perks (that I totally wasn't expecting) like a Birthday Bonus 0.0nn g (where nn is your age, unless this was coincidental) and a recurring ACH bonus (for setting up a recurring ACH deposit - 10% of you recurring deposit up to some limit). Note that this is what I experienced, and I do not guarantee the these perks will continue or be available to every.
There appear to be many loud whiners out there who joined BitGold hoping to get free gold by signing up a lot of people under a special program. BitGold credited these whiners free gold, then took it back when the people they got to sign up failed to buy any gold. This was of course well documented in the terms and conditions. READ THE FINE PRINT. Still these whiners are bad mouthing BitGold because of this. Gotta hate whiners.
Oh, before I forget. BitGold has gone out of its way to be a good global citizen complying with the laws of all countries in which it does business. It has procedures in place to honor Anti Money Laundering and Know Your Customer laws. It uses military strength RSA 4096 and AES 256 encryption to guarantee secure transactions. Two factor authentication is available. Accounts can be accessed securely via website, Apple and Android apps.
Is BitGold as scam? No way, nope, nada, zip, 0 It is the real deal.
Will BitGold/GoldMoney remain a viable concern into the far future? Who knows. Their success will like all new companies depend on growth.
Do your own due diligence at https://www.bitgold.com
😎
Take a look at http://contrafactual.com/2016/01/21/roy-sebag-and-josh-crumb/
Long story - Disclaimer: I am posting this at the request of BitGold via an email (probably from the OP). As an early adopter of the BitGold platform I am more than willing to share my observations. I specifically did not read any of the other replies prior to posting this to avoid any bias.
I joined BitGold shortly after they announced operations in the US last August. After a significant amount of research, I opened an account and deposited $40 US to the New York vault (equivalent to 1.061g Au). I then followed with additional sized deposits to New York and Zurich. One of the things that I like about BitGold is the low cost of 1% per transaction. Shortly thereafter I requested a Prepaid Card. I did not realize it at the time, but the Prepaid Card was still in "beta". The first card said BitGold, the new ones say GoldMoney (BitGold acquired GoldMoney in May of 2015). In November I loaded a few hundred dollars on to the Prepaid Card to cover some emergency costs. Buying gold is easy via ACH transfer from my bank and it takes just a day or two (standard ACH time). I also purchased some gold with a credit card - equally easy. Loading the Prepaid Card through sale of gold also takes about a day (maybe less now). I had no problems using the Prepaid Card.
I have not yet ordered a 10g .9999 fine Au GoldCube, but here are some folks who did …
http://youtu.be/baRa8T_hywA
http://youtu.be/vsYp8s0rps8
BitGold also has nice little perks (that I totally wasn't expecting) like a Birthday Bonus 0.0nn g (where nn is your age, unless this was coincidental) and a recurring ACH bonus (for setting up a recurring ACH deposit - 10% of you recurring deposit up to some limit). Note that this is what I experienced, and I do not guarantee the these perks will continue or be available to every.
There appear to be many loud whiners out there who joined BitGold hoping to get free gold by signing up a lot of people under a special program. BitGold credited these whiners free gold, then took it back when the people they got to sign up failed to buy any gold. This was of course well documented in the terms and conditions. READ THE FINE PRINT. Still these whiners are bad mouthing BitGold because of this. Gotta hate whiners.
Oh, before I forget. BitGold has gone out of its way to be a good global citizen complying with the laws of all countries in which it does business. It has procedures in place to honor Anti Money Laundering and Know Your Customer laws. It uses military strength RSA 4096 and AES 256 encryption to guarantee secure transactions. Two factor authentication is available. Accounts can be accessed securely via website, Apple and Android apps.
Is BitGold as scam? No way, nope, nada, zip, 0 It is the real deal.
Will BitGold/GoldMoney remain a viable concern into the far future? Who knows. Their success will like all new companies depend on growth.
Do your own due diligence at https://www.bitgold.com
😎
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.
LOL, I give a genuine review of the service and I fall into the category as "sockpuppet" . I thought this was a discussion on the service that BitGold offers, i offered in complete details my experience... my bad for not falling into "hero member" status like u as I don't post on this website often. I really don't believe BTC has a place as future money. I give a good review and you bash, typical btc advocate no room for pivots in your mindsets.
If you don't believe in bitcoin why are you on bitcointalk?, and you say "you don't post on this website often" Your only posts is in the thread which makes you look like a sock-puppet.
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.
LOL, I give a genuine review of the service and I fall into the category as "sockpuppet" . I thought this was a discussion on the service that BitGold offers, i offered in complete details my experience... my bad for not falling into "hero member" status like u as I don't post on this website often. I really don't believe BTC has a place as future money. I give a good review and you bash, typical btc advocate no room for pivots in your mindsets.
I would say bitgold WILL BE A SCAM but for now they are "legit", Being a USA member means I can just buy "gold" and sell it, which honestly sucks, but I have a use for bitgold, since the bitgold debit card is the only card I have now that works for buying bitcoins on circle.com, I have cards I load from the store and then buy bitgold then use the bitgold card to buy bitcoins.
But there is random delays when I fund my account and when I can transfer the funds to the bitgold debit card, the whole process can take me up to a week, and honestly there support sucks.
I would never consider to "trust" bitgold, but since load small amounts and then just transfer to my bitgold card and buy bitcoins - its been ok for its use, but I would never consider them for storing funds. I having a feeling they are "ok" now but when they will finally bust/get caught I am sure many people will lose loads of money, well except me lol.
But there is random delays when I fund my account and when I can transfer the funds to the bitgold debit card, the whole process can take me up to a week, and honestly there support sucks.
I would never consider to "trust" bitgold, but since load small amounts and then just transfer to my bitgold card and buy bitcoins - its been ok for its use, but I would never consider them for storing funds. I having a feeling they are "ok" now but when they will finally bust/get caught I am sure many people will lose loads of money, well except me lol.
A subject we were discussing just recently, is it not, subSTRATA?
https://bitcointalksearch.org/topic/paid-to-post-is-it-acceptable-1335159
a subject that needs some more discussing imo, especially after seeing this. my original stance outlined in my post is still what i think, especially the part where nothing can really be done regarding the issue as it doesnt go against the forum's rules. its just ridiculous (and funny) to see how over the top obvious it is (the sockpuppeting) with the extremely generous reviews and flawless testimonoals from totally legitimate and real people that claim to have poured thousands into a random site. that discussion would bee off topic in this thread though, maybe ill post again in the meta thread if i have thoughts to add. https://bitcointalksearch.org/topic/paid-to-post-is-it-acceptable-1335159
Just because I figured there would be someone saying something about legitimacy when I posted because I am new, here are screen shots of my account.
Since I am not from the USA, my currency is NIO (which is converted as $1 = c$27.89 NIO)
All transactions
Just wanted you guys to know it is legit. What you guys choose is your own issue.
Edit: Had personal information showing on the first one, removing it from imageshack as well.
those screenshots mean absolutely nothing considering the accusations placed against you (tacitly), if you are a sockpuppet (and by which, im saying you definitely are), its more than possible those screenshots can be faked, or 'created' from the site's end, people arent stupid enough to take everything at face value, especially not here. Since I am not from the USA, my currency is NIO (which is converted as $1 = c$27.89 NIO)
Code:
****************
All transactions
Code:
http://imageshack.com/a/img907/6359/mWyor0.png
Just wanted you guys to know it is legit. What you guys choose is your own issue.
Edit: Had personal information showing on the first one, removing it from imageshack as well.
In the IT world we have this special error for special people. It is the U53R error.
Usually that is the problem, nothing anyone can do about stupid people who then turn around and make crap up about a company. I have seen it in every company I have worked for.
Usually that is the problem, nothing anyone can do about stupid people who then turn around and make crap up about a company. I have seen it in every company I have worked for.
Yeah, and in Bitcoinland we have the same sort of thing, it's called the Shill&Scam error.
Usually that is our problem, we try to do something about scammers who think we are stupid, and we see so much crap that we don't have to make it up. I have seen it in (nearly) every company that I have looked at.
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
And all we got so far is two bot posts and a BG fan calling complaining users stupid. Way to go.
Just because I figured there would be someone saying something about legitimacy when I posted because I am new, here are screen shots of my account.
Since I am not from the USA, my currency is NIO (which is converted as $1 = c$27.89 NIO)
All transactions
Just wanted you guys to know it is legit. What you guys choose is your own issue.
Edit: Had personal information showing on the first one, removing it from imageshack as well.
Since I am not from the USA, my currency is NIO (which is converted as $1 = c$27.89 NIO)
Code:
****************
All transactions
Code:
http://imageshack.com/a/img907/6359/mWyor0.png
Just wanted you guys to know it is legit. What you guys choose is your own issue.
Edit: Had personal information showing on the first one, removing it from imageshack as well.
A subject we were discussing just recently, is it not, subSTRATA?
https://bitcointalksearch.org/topic/paid-to-post-is-it-acceptable-1335159
https://bitcointalksearch.org/topic/paid-to-post-is-it-acceptable-1335159
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-
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its so obvious it hurts to see. if the operation is really legitimate, it wouldnt need paid sockpuppet shills spamming about how legitimate and totally not sketchy bitgold is. if anything, the sockpuppets make it seem less legitimate. Hey BitGold, your social media manager is a moron.
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.
I am a new user, but I came across this thread and I wanted to put in my two cents here.
I am a Bitgold user and have been since October 2015. I am not from the USA, so I have the ability to use invoicing and moving money to other accounts (the US is not able to do that the last time I checked).
My experience may differ from others because I use it differently. I personally provide web design and content strategy online, and I use BitGold consistently with this business. Before the invoice feature, I would have my customers pay me through BitGold via my affiliate link. Now that the invoice feature is available, I simply invoice (both one time payments and recurring payments).
I have not had any fees or problems with BitGold that are not lined out in everything they post on their site (TOS yada yada). If I did have an issue (one time I did with a customers account being blocked) I simply talked to them and it was solved within 48 hours. That said, I prefer email communication with them.
I also keep a standard savings in BitGold, and I have never had issues with it.
Customer service:
Phone: The two times I called, the person on the phone did not really seem to know what the hell they were talking about or did not know how to give instructions correctly. That said, these two times were just my experience and I would have to give them a 2 out of 10.
Email: I only use this media to chat with them. I have found that I am almost always answered by the same two people, and they always know what I am trying to say or what point I am trying to get across. I have never had an email not answered within 24 hours. Maybe I am on a special answer always list (which I doubt) but I have to give their email support (both affiliate and standard account support) a nice 9 out of 10.
My experience in fees or money:
Way the hell better than PayPal. 1% overall is good.
Never had anything just randomly leave my account. Not once has a cent been moved without me knowing about it, let alone being the person doing it.
Again, I dont have some kind of diamond member account, just your standard account everyone else has.
I personally will be using BitGold now and in the future. Every company has people who say this or that, and it is because of the customer.
In the IT world we have this special error for special people. It is the U53R error.
Usually that is the problem, nothing anyone can do about stupid people who then turn around and make crap up about a company. I have seen it in every company I have worked for.
I am a Bitgold user and have been since October 2015. I am not from the USA, so I have the ability to use invoicing and moving money to other accounts (the US is not able to do that the last time I checked).
My experience may differ from others because I use it differently. I personally provide web design and content strategy online, and I use BitGold consistently with this business. Before the invoice feature, I would have my customers pay me through BitGold via my affiliate link. Now that the invoice feature is available, I simply invoice (both one time payments and recurring payments).
I have not had any fees or problems with BitGold that are not lined out in everything they post on their site (TOS yada yada). If I did have an issue (one time I did with a customers account being blocked) I simply talked to them and it was solved within 48 hours. That said, I prefer email communication with them.
I also keep a standard savings in BitGold, and I have never had issues with it.
Customer service:
Phone: The two times I called, the person on the phone did not really seem to know what the hell they were talking about or did not know how to give instructions correctly. That said, these two times were just my experience and I would have to give them a 2 out of 10.
Email: I only use this media to chat with them. I have found that I am almost always answered by the same two people, and they always know what I am trying to say or what point I am trying to get across. I have never had an email not answered within 24 hours. Maybe I am on a special answer always list (which I doubt) but I have to give their email support (both affiliate and standard account support) a nice 9 out of 10.
My experience in fees or money:
Way the hell better than PayPal. 1% overall is good.
Never had anything just randomly leave my account. Not once has a cent been moved without me knowing about it, let alone being the person doing it.
Again, I dont have some kind of diamond member account, just your standard account everyone else has.
I personally will be using BitGold now and in the future. Every company has people who say this or that, and it is because of the customer.
In the IT world we have this special error for special people. It is the U53R error.
Usually that is the problem, nothing anyone can do about stupid people who then turn around and make crap up about a company. I have seen it in every company I have worked for.
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
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.
I sold my bitgold (from ref program) for bitcoin here. a centralized site with some questionable actions so far. would not trust.
If you want legit, blockchain proven gold check out digix.
If you want legit, blockchain proven gold check out digix.
Thanks for the review , I'm still looking for more ! please post if you used them before .
My experience with BitGold has been amazing. They have such a diverse platform in terms of what you can do with gold. This type of service is something that the gold community has been waiting for since 1971 when gold was discontinued from monetary policy (abandoning Brenton Woods).
With gold unequivocally gaining purchasing power over time against all fiat currencies, this company with the technology that it's built upon (Aurum) will empower every single person that decides to utilize the platform to its full potential.
I have deposited thousands of dollars and have never encountered a problem; in fact the process is super efficient as BitGold has solved the liquidity issue with buying gold. I can wake up in the morning, log into my BitGold account and buy assayed and stamped .9995 pure (99.95%) or better bullion at the current gold price on the worldwide spot exchange. The only thing BitGold charges is a commission of 1%! I'm no longer paying those massive premiums on physical gold. During the process of depositing, I pick the BRINKS vault where I want my physical gold to be stored for FREE (which my gold is fully insured by BRINKS after buying☺).
BitGold’s founders Josh Crumb and Roy Sebag have publicly stated in videos that they spent millions of dollars on building out the legal framework to make this all possible, and were in open dialogue with regulation authorities the entire time when they were building out the technology.
The company is regarded by FINTRAC as a Dealer in Precious Metals and Stone, practices extensive “know your customer” and anti-money laundering policies to protect me from theft. Additionally, all users use bank grade military encryption to secure their accounts and personal information, which is total reassurance that I am safe and secure with BitGold.
I've used my BitGold account for saving gold, sending gold value throughout the world to friends and family, I've redeemed and spent my gold value on my BitGold prepaid card, received gold from loved ones and soon I hope to redeem physical gold cubes which people already have displayed/reviewed their gold cubes on YouTube. Recently BitGold allowed it's user’s to request payments from customers around the world, so it truly evolving into a full financial network denominated in gold.
Recently, there has been a crowd of people complaining on social channels about the chargebacks on the “referral gold” that was associated with company's “Golden heart referral program”. I understand that it's disappointing getting a chargeback (which I did too btw) but it's totally understandable that the company reclaims referral bonuses if the party you refer doesn't deposit into the platform. It clearly states this section 11.3 – “If the recipient of the Promotional Balance has not logged into their BitGold Account for a period exceeding sixty (60) days, and no external deposits of funds has been made into the BitGold Account during such period, BitGold may, at BitGold's discretion, reclaim the Promotional Balances to BitGold's own resources as an unclaimed promotion.” The user’s crying about the clawback never understand the purpose of the Golden heart referral program, as for my understanding from the get-go the program was designed to refer your family and friends. If you did so, there is strong likelihood that your referrals would start utilizing the platform. (due to you educating family/friends). If you were hoping to make a business out of referring BitGold users you could've easily signed up for their affiliate program as this looks to be designed as more of a business-referral program.
I will continually be adding to my gold account for savings/spending, as I plan to fully transfer my fiat checking account into my BitGold account for saving's and transactions.
With the constant devaluations of currencies I truly think we will see Gresham’s law reversed where “good money drives out bad” as people see that their time and effort not being accounted for down the line.
Keep up the great work BitGold!
With gold unequivocally gaining purchasing power over time against all fiat currencies, this company with the technology that it's built upon (Aurum) will empower every single person that decides to utilize the platform to its full potential.
I have deposited thousands of dollars and have never encountered a problem; in fact the process is super efficient as BitGold has solved the liquidity issue with buying gold. I can wake up in the morning, log into my BitGold account and buy assayed and stamped .9995 pure (99.95%) or better bullion at the current gold price on the worldwide spot exchange. The only thing BitGold charges is a commission of 1%! I'm no longer paying those massive premiums on physical gold. During the process of depositing, I pick the BRINKS vault where I want my physical gold to be stored for FREE (which my gold is fully insured by BRINKS after buying☺).
BitGold’s founders Josh Crumb and Roy Sebag have publicly stated in videos that they spent millions of dollars on building out the legal framework to make this all possible, and were in open dialogue with regulation authorities the entire time when they were building out the technology.
The company is regarded by FINTRAC as a Dealer in Precious Metals and Stone, practices extensive “know your customer” and anti-money laundering policies to protect me from theft. Additionally, all users use bank grade military encryption to secure their accounts and personal information, which is total reassurance that I am safe and secure with BitGold.
I've used my BitGold account for saving gold, sending gold value throughout the world to friends and family, I've redeemed and spent my gold value on my BitGold prepaid card, received gold from loved ones and soon I hope to redeem physical gold cubes which people already have displayed/reviewed their gold cubes on YouTube. Recently BitGold allowed it's user’s to request payments from customers around the world, so it truly evolving into a full financial network denominated in gold.
Recently, there has been a crowd of people complaining on social channels about the chargebacks on the “referral gold” that was associated with company's “Golden heart referral program”. I understand that it's disappointing getting a chargeback (which I did too btw) but it's totally understandable that the company reclaims referral bonuses if the party you refer doesn't deposit into the platform. It clearly states this section 11.3 – “If the recipient of the Promotional Balance has not logged into their BitGold Account for a period exceeding sixty (60) days, and no external deposits of funds has been made into the BitGold Account during such period, BitGold may, at BitGold's discretion, reclaim the Promotional Balances to BitGold's own resources as an unclaimed promotion.” The user’s crying about the clawback never understand the purpose of the Golden heart referral program, as for my understanding from the get-go the program was designed to refer your family and friends. If you did so, there is strong likelihood that your referrals would start utilizing the platform. (due to you educating family/friends). If you were hoping to make a business out of referring BitGold users you could've easily signed up for their affiliate program as this looks to be designed as more of a business-referral program.
I will continually be adding to my gold account for savings/spending, as I plan to fully transfer my fiat checking account into my BitGold account for saving's and transactions.
With the constant devaluations of currencies I truly think we will see Gresham’s law reversed where “good money drives out bad” as people see that their time and effort not being accounted for down the line.
Keep up the great work BitGold!
Bitgold.com belongs to GoldMoney Inc a publicly traded company:
http://web.tmxmoney.com/quote.php?qm_symbol=XAU
Learn more here:
https://finance.search.yahoo.com/search/;_ylc=X3oDMTF1OG5zazd0BGtleXcDYml0Z29sZARtaWQDbWVkaWFxdW90ZXNzZWFyY2gEc2VjA3VoYjIEc2xrA2ZpbmFuY2Vfc2VhcmNo?p=bitgold&type=2button
That's not exactly what I asked for honestly , I'm using Bitgold and I think it's legit . I made this thread to collect reviews from users who used Bitgold before .http://web.tmxmoney.com/quote.php?qm_symbol=XAU
Learn more here:
https://finance.search.yahoo.com/search/;_ylc=X3oDMTF1OG5zazd0BGtleXcDYml0Z29sZARtaWQDbWVkaWFxdW90ZXNzZWFyY2gEc2VjA3VoYjIEc2xrA2ZpbmFuY2Vfc2VhcmNo?p=bitgold&type=2button
To see if we should keep Bitgold.com on the scam list or not . So if you already used it please post your experience with them.
User satisfaction is very different from scam, the company is as legit as it comes, if you think they're scamming people you should report to proper authorities.
Bitgold.com belongs to GoldMoney Inc a publicly traded company:
http://web.tmxmoney.com/quote.php?qm_symbol=XAU
Learn more here:
https://finance.search.yahoo.com/search/;_ylc=X3oDMTF1OG5zazd0BGtleXcDYml0Z29sZARtaWQDbWVkaWFxdW90ZXNzZWFyY2gEc2VjA3VoYjIEc2xrA2ZpbmFuY2Vfc2VhcmNo?p=bitgold&type=2button
That's not exactly what I asked for honestly , I'm using Bitgold and I think it's legit . I made this thread to collect reviews from users who used Bitgold before .http://web.tmxmoney.com/quote.php?qm_symbol=XAU
Learn more here:
https://finance.search.yahoo.com/search/;_ylc=X3oDMTF1OG5zazd0BGtleXcDYml0Z29sZARtaWQDbWVkaWFxdW90ZXNzZWFyY2gEc2VjA3VoYjIEc2xrA2ZpbmFuY2Vfc2VhcmNo?p=bitgold&type=2button
To see if we should keep Bitgold.com on the scam list or not . So if you already used it please post your experience with them.
Bitgold.com belongs to GoldMoney Inc a publicly traded company:
http://web.tmxmoney.com/quote.php?qm_symbol=XAU
Learn more here:
https://finance.search.yahoo.com/search/;_ylc=X3oDMTF1OG5zazd0BGtleXcDYml0Z29sZARtaWQDbWVkaWFxdW90ZXNzZWFyY2gEc2VjA3VoYjIEc2xrA2ZpbmFuY2Vfc2VhcmNo?p=bitgold&type=2button
http://web.tmxmoney.com/quote.php?qm_symbol=XAU
Learn more here:
https://finance.search.yahoo.com/search/;_ylc=X3oDMTF1OG5zazd0BGtleXcDYml0Z29sZARtaWQDbWVkaWFxdW90ZXNzZWFyY2gEc2VjA3VoYjIEc2xrA2ZpbmFuY2Vfc2VhcmNo?p=bitgold&type=2button
To me bitgold is a scam, I opened an account with them last year get verified and I was giving the 0.25g bonus but when I check it recently I have been charged 0.25g for what I don't know anything about.
they called it Canadian something, so annoying.
they called it Canadian something, so annoying.
As requested here : https://bitcointalksearch.org/topic/m.13621760 I'm making this thread and based on the reviews given we will see if we should keep Bitgold on the Scam list or not .
So I'd like from people to be fair and give their reviews about Bitgold (the more reviews , the best ) [Give your review only if you used them already]
Newbie - Junior members accounts reviews won't be taken seriously .
So I'd like from people to be fair and give their reviews about Bitgold (the more reviews , the best ) [Give your review only if you used them already]
Newbie - Junior members accounts reviews won't be taken seriously .
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