Quote from: deisik on March 23, 2015, 02:14:10 PM

Quote from: countryfree on March 23, 2015, 11:59:19 AM

Quote from: deisik on March 20, 2015, 06:36:12 PM

Quote from: countryfree on March 20, 2015, 06:27:51 PM

BTC is easier to carry, you can travel around the world with it, but gold's easier to sell, and there are more buyers. I bet there are more gold ATM than there are BTC ATM in the world. All the Chineses and Indians love gold.

Why do you think physical gold is easier to sell? Have you ever sold gold bullion in real life? You can sell bitcoins at any of the multiple exchanges out there within just a few minutes (actually, transaction confirmations would take longer than the selling process itself)...

Yes, very easy. You walk into a bank, you put your gold coins on the desk, and they give you cash straightaway. That's in lovely Switzerland. Anyone knows of a shop where you can sell BTC for cash? It's much faster than selling BTC online, because you have to wait 24 hours to have the money on your bank account.

What are the conditions and circumstances that you kept silence about? I mean something like the state of coins, a bank where they had been bought at, assay control. And, before all, the price that they are going to set, and how different it will be from the spot market quotation...

I'm not hiding anything. I'll just add a small correction, my experience wasn't with bullions, which often carry some emotional value, linked to the country which minted them, but one 100 grams ingot. That bar of course had the proper identification papers to prove it was genuine.