Quote from: 1Referee on August 24, 2018, 08:54:50 AM

Quote from: stompix on August 23, 2018, 10:35:15 PM

Btw, is this neverending saga of your on bitcointalk, have you managed to get at least somebody to sell his bitcoins for gold?

People heavily struggle to sell their Gold for fiat at spot prices in the local market here. If you try to sell your Gold to a pawn shop or jeweler they'll mostly offer you a price that could range from 5-10% below spot price, which isn't really that convincing. Why should people buy into this? I can sell my Bitcoins over spot value at any time of the day locally, or at spot value through exchanges. I can use Bitcoin as money as well, where if you try that with Gold you'll be declared a nutter.

Buy 1BTC (or less if you can't afford it) and you'll see that every government and corporation won't be able to mock you any longer as fourth class citizen.

Are you selling gold ornaments or gold coins? Both got a lot of difference.

Offcourse if you try to sell your ornaments mostly no one will buy at market price because it is not a pure gold anymore. But if you try to sell your gold coins then I don't think people will ask for 5 to 10% discount, that is too much. If I'm not wrong you sell your gold coins (pure gold coins) around 1% to 2% less than the market price. If your lucky and if gold demand is high in a certain time then you may get a deal market price as well.