Buying Gold With Bitcoin

[bogdanoff 3173]

Why you need to buy gold? Bitcoin is better and easier to store and use. You can't send gold in another country or have it in a sticker in your pocket. And you will have nobody trying to rob you they will get nothing unless they are so stupid they think they can steal the bitcoin from your wallet.

[Mella 3680]

I am not think of this but it is good to know that we are have this option avelable. I wish you are link to us the website this can be done so we know as it will be good idea to change our Bitcoin to gold when it reaches the next top after it finishes the new bull run next year or 2022.

[Foysal2020 459]

Welcome to my friend. I don't think buying gold with bitcoin is the price of bitcoin is increasing day by day so we should collect it. We will refrain from buying any gold with it. One day the price of this bitcoin will go up. Thank you my friend for your information.

[Dorjoy12 8962]

18 minutes ago, bogdanoff said:

Why you need to buy gold? Bitcoin is better and easier to store and use. You can't send gold in another country or have it in a sticker in your pocket. And you will have nobody trying to rob you they will get nothing unless they are so stupid they think they can steal the bitcoin from your wallet.

@bogdanoff every people has different way to think.. As you said bitcoin is better for you becuase you know all the way how to store btc in safe place while earn profit.. But another member think gold is better as they can store it in bank and there has no way to get lose as gold price Don't drop like bitcoin price..           

[hugo parra 20]

es buena inversion cambiar lo btc a oro este es mas estable y esta en un mercado consolidado

[ShiNorton 906]

I would never use Bitcoin  to gold if I was that person. I know Bitcoin  is digital advanced digital gold. Value of Bitcoins will be increasing in future. 

Edited October 17, 2020 by ShiNorton

[Sykkuno 2887]

I haven't bought gold at all and I am not interested. Some people still buy gold but if only they could understand Bitcoin they would know which asset is better for them. I am going with Bitcoin but thanks for the information.

[ChupriN03 53]

Ohh nice! thanks for your advices! i'm beginner in all of this but if in the future i learn more and read more information about that, i want to invest in Bitcoins or gold or some Cryptocurrency! i know now that it's too safety and are the way to need follow right now! 

[percare 3192]

Gold is very valuable asset and it is a store of value. I don't think Bitcoin can be compared to gold right now but when price will rise a lot the next few years it will be like gold then. I have found a gold dealer online accepting Bitcoin but I have to trust these websites and this needs time and patience.

[Earbuzz 87]

 

I would not buy gold with bitcoin. While the price of gold will remain the same, 
bitcoin will rise in the future

[yonkii 3205]

Hi my friend. I would like first of all a link to the website you have found and after that I also have a question and I'd like an answer from someone else in the forum. Is this website or exchange trades bitcoins for gold bars? Gold coins? Or it sells golden jewellery? I'd like to know since you didn't give the website.

[Matias Conforti 89]

I never particularly did it but it does not seem like a bad option to me, I think that in the long term Bitcoin will rise more than gold, it is a bit risky now, but in the long term I see it perfectly viable

[Tetrisreal 219]

If you buy gold with bitcoin then you no longer have bitcoin only gold, then it would not be double investment, only that the means you would use to buy would be BTC.
It depends on the study you carry out of the market, consider that it is better to save gold or btc in the long term, or perhaps combine both investments, a part in gold and another in BTC so that there if you have a double investment.

[Antonio Mendoza 173]

Yes you can buy gold with Bitcoin so if you want to do this there a website call Uphold this is a virtual wallet even with this you can buy silver and many other stock. JJust need to create an account and verify after this you can deposit your bitcoin and download the APP and change your bitcoin for gold and many other.

[Oxygen99 1930]

Both gold and bitcoin are used as a store of value and since they are both used as a medium of exchange then definitely even if it is not in existence now i believe in the future we can buy good making use of bitcoin since bitcoin is gradually getting adopted in most part of the world already just the way good has dominate the world.

[Alex9876r 1408]

In fact, there is a currency on the Binance platform whose price is backed by gold and can be considered gold It can be traded against the dollar, bitcoin or ethereum and its name is paxg There is also a silver backed coin on the platform.

[MalikAdnan 1662]

Yes it is good if buying gold with bitcoin. If this is it is the best for that. I think gold is precious thing and it gas high worth and you can store it and there is more changes in the price but little bit. 

Most important thing is that bitcoin is acceptable for the buying of gold or not. If is then it is new great news for us.

[Ponnnu 962]

Hey friend, gold is a good asset which is stable and more people have accepted it as an investment opportunity. So the value of gold is not going to go down in future, because of its stability and large number of users. So if you want, you can buy gold using your bitcoins as gold is more stable. But bitcoin is having more price value than gold and it may increase over time. 

[wassim19 645]

I don't know about this but if it happens it would be great if the bitcoin price is higher than gold, the price of gold is stable unlike bitcoin, which changes by the hour where you can take advantage of the rapidly rising price of Bitcoin and buy gold

[Adam adam 276]

Maybe I will buy bitcoin with gold, and the reason is that I only trust Bitcoin and haven't seen any better alternative to it. And all of my money that I was happy to have in my life was in digital currencies and gold had no role.

[Syedbesharat 5423]

On 11/13/2019 at 9:21 AM, on1k3n said:

Recently, I came across something on the internet about buying gold with Bitcoin. This seems like this would be good because it's  a double investment. You can invest in bitcoin, and you have gold as a backup. What do you think about this? Would this be a smart investment why or why not? Have you ever bought gold with cryptocurrency? 

I have read an article about a coin who is fully backed by real gold but buying gold through BTC is hood option. Which gives you great benefit you can easily but gold with BTC and make profit from this. But is this a lehit project or site who deliver you hold or just hold gold for you against BTC investment. Their are many scaming sites who are looking for BTC scaming and they promise big things in exchange of BTC. 

[Goyaa 2414]

I've never bought gold with bitcoin. I think buying gold with bitcoin is a good idea, it can be a double investment so you can get double the profit. Gold and bitcoin are both valuable but take different forms.

[khan22 3478]

On 11/13/2019 at 3:32 PM, Great Commander said:

Yes. Buying gold is probably the best thing you can do wirh bitcoin as gold's price is stable. However bitcoin's price changes in real time so it is a good idea to store it and buy gold or whatever you want

 

Gold price is also move and buying the gold with the Bitcoin is the great idea but i think we need to safe our BTC and hold that for the future and we make good money through this in future becasue now the BTC price is going to high day by day and now the price is 18700$.

[Froshk 1828]

1gram of gold is about 58.04USD,

with a single bitcoin you can per a very high grams of gold (perhaps thousands of grams), depending on the grams you are willing to purchase, btc is in my opinion Worth more than gold

[huesca123 946]

On 11/13/2019 at 5:21 AM, on1k3n said:

Recently, I came across something on the internet about buying gold with Bitcoin. This seems like this would be good because it's  a double investment. You can invest in bitcoin, and you have gold as a backup. What do you think about this? Would this be a smart investment why or why not? Have you ever bought gold with cryptocurrency? 

Heres a reputable web page that allows you to buy gold, sliver & other metals with Bitcoin. I have never used them but they have been around for yrs & have a very good reputation, as being legitimate. They are based in the USA & offer secure delivery of any metals bought. I get their news letter. Its always an interesting read.

 

https://www.moneymetals.com/