Bitcoin kostenlos – Noch mehr Geschenke?

Im Zuge meiner Coins-Begeisterung möchte ich Euch noch ein weiteres Projekt vorstellen, dieses Mal sogar ein
deutschsprachiges, welches laut Impressum von Lutz Nahrgang aus Österreich betrieben wird:OMNI-cash.com

täglich Bruchteile von Bitcoins, Litecoins, EURO, USDollar, Gold und Silber.

Allerdings müsst Ihr Euch dafür täglich einmal einloggen.

Hier der Kontostand nach dem allerersten Einloggen mit allen Assets:

http://mbl-shopping.de/OMNI.jpg

Zusätzlich ist das Ganze aber noch eine Wechselstube. Irgendwie kommt das ganze System eventuell aus der Klammlose-Szene,
denn es gibt hier eine Anleitung, die ich hier nur verlinke und ungeprüft anbiete, da ich sie nicht selbst erstellt habe:

http://www.klamm-marktplatz.de/Omni-cash.com_profit.pdf

Ihr könnt Euch die systemeigene Währung Shimleys erwirtschaften, und davon Zombies Kaufen, das sind wohl eine Art „Worker“,
die Euren Verdienst steigern. Die Ein- und Auszahlung ist mit verschiedenen Währungen und verschiedenen Zahlungsanabietern
wie Paypal, Payza, Neteller, Banküberweisung,… und ähnlichem möglich.

Hier die aktuellen Auszahlungsgrenzen am 11.05.2015:

EUR 10,00 / USD 10,00 / BitCoins 0,02 / LiteCoins 2,00 / KlammLose 100.000.000,00

Alle Infos zum Projekt findet Ihr hier: http://landing.omni-cash.com/2-3698.html

Ob das Ganze seriös ist, und ob es langfristig Chancen hat, kann ich nicht beurteilen, werde aber über meine Erfahrungen hier berichten.

Hier nun noch der Anmeldelink (einfach auf das große Banner klicken): http://landing.omni-cash.com/2-3698.html

Former Head of PayPal Canada, Darrell MacMullin to be CEO of Reorganized BitGold

BitGold (TSX-V:XAU), a platform for savings and payments in gold, is pleased to announce the appointment of Darrell MacMullin as Senior Vice President and Chief Operating Officer of BitGold Inc. Darrell was previously the Managing Director and Head of PayPal Canada, and brings senior executive experience in building e-commerce companies from early stage growth to multi-million user platforms, including PayPal Canada, eBay Canada, and Chapters. Post-closing of the previously announced acquisition of GoldMoney.com, BitGold Inc will be renamed GoldMoney Group Inc and will become parent company of the BitGold payment and savings platform. Further integration details will be released following the closing of the GoldMoney.com acquisition. Post-reorganization Darrell will become the CEO of BitGold, focusing on the growth of an end-to-end international payment platform using gold for real-time settlement of cross-border and cross-currency e-commerce.

“Josh and I are thrilled to add Darrell to the executive leadership team of BitGold, a key addition for us to execute on this global vision”

“Josh and I are thrilled to add Darrell to the executive leadership team of BitGold, a key addition for us to execute on this global vision,” said co-founder and CEO Roy Sebag. “As cloud computing and mobile phone distribution ubiquitously connects the planet, the BitGold platform and Aurum settlement technology can realize a real-time, debt-free network for gold-based international payments and commerce. Darrell brings valuable ideas, relationships, and an ability to execute on the immense value proposition of a gold-based payments platform for merchants during an era of increasingly uncertain foreign exchange.”

"Payments and settlement in e-commerce has been a contentious and ever-evolving issue, particularly in cross-border transactions,” said MacMullin. “BitGold has very quickly and successfully taken the best of today’s online payments technology and coupled it with a globally recognized store of value in gold. That being said, to be at this stage and execute on an innovation and vision of this scale in international e-commerce is a journey I’m more than pleased to be a part of."

Darrell MacMullin has driven successful new payment and commerce innovations for the past 15 years, including the launch and leadership of PayPal during its first eight years in Canada. He has worked closely both as an advisor and investor with entrepreneurs, developers and industry partners to accelerate the growth of new FinTech payments and commerce experiences. Darrell provided thought leadership and innovation expertise for the convergence of online, mobile and offline into one commercial stream with government, banks and new FinTech companies. Prior to PayPal Darrell was part of the successful launches and rapid growth of eBay and Chapters Indigo online into leading commerce players. Darrell has been granted options to acquire 550,000 common shares of BitGold for a period of five years with an exercise price of $4.65 per share.

About BitGold

BitGold’s mission is to make gold accessible and useful in digital payments and secure savings. The BitGold platform provides innovative solutions to the challenge of transacting with fully allocated and securely vaulted gold. BitGold accounts are free and convenient to open by virtually anyone, anywhere* in just minutes. BitGold provides users with a secure vault account to purchase gold using a variety of electronic payment methods. The platform will also provide transaction capability including: instant cross-border gold payments, merchant invoicing and processing for gold, prepaid card spending of gold at traditional points of sale, conversions to a customer's external digital-wallet or bank, and physical gold redemptions. All physical gold acquired through the platform is owned by the customer, stored in vaults administered by The Brink’s Company, acting through Brink’s Global Vault Services International, Inc. (“Brink’s”), which insures gold through third party insurance providers.

BitGold is a Canadian corporation with offices in Toronto, Canada, and Milan, Italy. BitGold has partnered with established professionals in bullion dealing, vault security and web security, payment processing, and is committed to best-practice systems for compliance with all applicable laws and regulations regarding anti-money Laundering (“AML”) and Know Your Customer (“KYC”).

*The BitGold Platform is unavailable to residents of sanctioned countries

About GoldMoney

GoldMoney is a gold and precious metals vaulting business founded in 2001 by James Turk and Geoff Turk. GoldMoney offers an easy way to buy gold, silver, platinum and palladium online and safely store for customers these precious metals in five countries. It is GoldMoney’s vision that the benefits and dependability of gold and silver should be easily available to everyone, while providing its customers with assurances of integrity so they know their money is safe.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy of this release.

Forward-Looking Statements

This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risk factors relating to the acquisition of GoldMoney, being completion of satisfactory due diligence, settlement of definitive documentation, satisfaction of closing conditions, receipt of regulatory approvals and, generally, the completion of the acquisition on the terms as described if at all; the Company’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; unproven markets for the Company’s product offering; volatility of gold prices & public interest in gold investment; lack of regulation and customer protection; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; foreign currency and gold trading risks; use and storage of personal information and compliance with privacy laws; use of the Company’s services for improper or illegal purposes; global economic and financial market conditions; uninsurable risks; and those risks set out in the Company’s public documents filed on www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.

Free Bitcoins ,Litecoins USD...

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What is a Shimly (SH) ?
Shimly (SH) is a currency exchange for many different currencies on Omni-Cash.com 
Shimly (SH) uses as a trade basis. You can trade various currencies on the market place. From the base currency to Shimly or Shimly to your target currency. Trading on Omni-Cash.com is always user vs.   user. Omni-Cash.com only  provides the trading platform. The existing offers or demands in the trade are set by other users. The payout on Omni-Cash.com is performed via different currencies and via different pay services like PayPal, Payza, NETeller, bank transfer, Â… and similar. Omni-Cash.com takes the role of fiduciary services. All offers and all requests that are placed on the market square are also financially covered because the required amounts have been already paid at Omni-Cash.com. If you perform a trade settlement it takes place immediately. Immediately after the completed sale you can, depending on the Currency, automatically pay off your balances or request a withdrawal. The trading fees are not higher than 0.1% in any case.
How does this site work?
omni-cash.com is no ordinary PTC Page. You have to login only once daily to get your daily fee. omni-cash.com offers 10 levels and and in each level you earn 10% on your downline You can rent zombies to earn more. 100 zombies bring you 1000% more fee per day. Every user can have up to 5000 Zombies. These are 50,000% Bonus for your daily payout. To rent zombies you need Shimly. Shimly is the universal currency on our site. You can swap shimly in our marketplace. (USD – Shimly), (EUR – Shimly), (BTC – Shimly),… If you do not own BTC or USD or EUR you can also earn Shimly at SuperRewards. You can find it in the menu under “Shimly”. Take free surveys or actions in and earns Shimly. For more detail you may visit omni-cash.com  .

Payment tools e-currencies

No more wasting time finding out how various e-currencies and payment tools work. No more costly exchanges, no more waiting till that transfer gets processed. No more sky-high commissions. Now you have Advanced Cash, an easy to use payment platform combining the features of an e-currency, a payment platform, and more. Get paid by affiliate programs and other businesses, withdraw funds to accounts and cards worldwide, use virtual and plastic cards, manage mass payments and payroll solutions, process e-commerce payments. These are only a few things Advanced Cash can help you with. It’s fast, easy, reliable, and best of all, almost free to use.

Deposit your funds
Wire transfers from billings, affiliate programs etc.
E-currencies (Paxum,, OKPay, WalletOne, PerfectMoney, EgoPay, eCoin and more)
Visa/MasterCard (soon)
Bitcoin

Withdraw your funds
Withdraw with your plastic MasterCard, shop securely with your virtual card
Withdraw to any Visa/MasterCard in the world
Transfer funds to your bank account
Pay people who do not have an account yet

Advanced Cash for affiliates
Four currencies, one wallet
Free internal transfers
Fast and easy international withdrawals
Virtual and plastic cards
Wire transfers from affiliate programs and billings

Advanced Cash for businesses (affiliate programs, service providers, marketplaces etc.)
Feature-rich, easy-to-implement API
Fast PHP, Ruby, Python, Java integration
Easy to fund: e-currencies, wire transfers and more
Mass payments and payroll solutions
Internal payments to accounts, cards etc.
Mass card printing and management via API (coming soon)

Advanced Cash for everybody
Easy transfers to recipients without an Advanced Cash account
Make money with our referral program
Pay bills right from your account
Customer support is always there to help
New features added regularly
Bank-level security and encryption (PCI DSS Level 3)
100% reliable, legal, and transparent operation

Coming very soon
Handy iOS- and Android apps
Withdrawals and deposits via your local bank transfer
Payment processing for your sites and shops
Get a FREE account right now: http://wallet.advcash.com/referral/1dd95683-2202-4334-9adc-8c02d21a9143

BUY BITCOINS FOR HALF PRICE!!!!!!!!!!!!!!!!!!!!!!!!!!!

This is a GENUINE Income Opportunity.
MAKE MORE THAN 50% PROFIT WITH CHERRYRACE, THIS SITES SELLS BITCOINS FOR HALF PRICE!!!!!!!!!!!!!!!!!!!!!!!!!!!
GET STARTED AND MAKE PROFIT AT https://cherryrace.com/?ref=dailybitcoin THEY ALSO HIRING IF YOU IN INDIA, INDONESIA, RUSSIA AND EUROPE

DEPOSIT RANGE
$15 - $50,000

INVEST. PLANS
To participate in the game, you need to purchase a specific Lot, every Lot runs for 50 calendar days. The Bitcoin value of your chosen Lot is the promised value that will delivered to you by parts, thus eventually you will get the whole amount of your purchased Bitcoin value within 50 calendar days.

To make it simple, the investment plan is approx. 4% for 50 calendar days (Principal Included) or approx. 200% within 50 calendar days.

Note that, you can purchase Lots of the same nominal value at any quantity, as well as Lots with different nominal value at the same time. Just make sure that you don't missed your favorite one, because sometimes Lots can be more profitable than the previous one. And each of them have purchase availability count down timer respectively.

The daily earnings are fluctuate and affected by the official bitcoin rate, while the expected income on Lot's purchase doesn't affected by it (Live official Bitcoin rate is displayed on member's dashboard). You will receive earning everyday until your purchased Lot's timer is over (50 calendar days) or until the promised value of your purchased Lot is reached, whichever comes first. Therefore, if the BitCoin rate's keep rising, there is a possibility that your expected income will be reached before 50 calendar days.

Break Even Point will be reached in approx. 25 payment days.

E-CURRENCIES
Limited to Perfect Money, Payeer, Bitcoin.

WITHDRAWAL
The withdrawals are processed manually. So far, my own withdrawals were processed within 30 minutes - 6 hours. But, the admin requires a maximum waiting period of 3 business days to complete all withdrawals. Well, it is far above average of the industry standard.

GET STARTED AND MAKE PROFIT AT https://cherryrace.com/?ref=dailybitcoin

Make money with webtransfer (Not PTC) ( you can have more than $ 300> $ 500 and more ) real 100% .

Hello everyone, today I will guide you to make money with the most reputable sites Webtransfer (Russian page).

Link to register and consult:  https://webtransfer-finance.com/en/?id_partner=19525447

To introduce:
Site originating in Russia and registered office of the company in Russia and some countries based on different
US-based registration: Registration number 3951305, New York, USA.
Register headquartered in London, registered number: 06453803, London, UK.
Registration Number 569 645 - Webtransfer Europe Limited check in www.fsa.gov.uk/register/psdFirmBasicDetails.do?sid=287999
TV Webtransfer be introduced through this video (More than 300 thousand views)
Discussion forum on the topic on the site has 2,400 pages, with address at mmgp.ru/showthread.php?t=278817&page=2484
List of Webtransfer headquarters webtransfer.com/articles/contact
Branches in India

2. Advantage:
Just give another person a loan capital, high interest rates currently average at 1,3- 1,5%.
for example, you invest $ 100, on average you will get 50% / 1 month ie $ 50
Lam caught the payback period, not bury your capital because admin mode has a protector of pages, reducing the lowest risk.
Webtransfer activities over 3 years, established since 2012
Webtransfer large-scale operations with more than 3 million members and over 50 thousand transactions $ in 1 day, some days up to 100k $
Webtransfer invested great security protocol from https, ssl and anti-D system Dos, effective attack
Some proof

3. Operation mechanism

Site control mechanism is only money you deposit into the others and take interest loans, admin stand out as intermediaries for loans - lending and commission him. Additionally Admin is also for you to draw out a loan or borrow money for you and for others to borrow at interest (Function overdraft when you invest $ 100 and up)

In order for you to earn money, then you need to add money to lend and get interest from it.

But when you sign up, the admin will give you $ 50 free, the money will not be used to withdraw is that you try to play, until you have the $ 50 rate will withdraw money. Min pay is $ 50 all of you

So how can get $ 50 for free?
If you sign up from home, they may not be $ 50 this, I just heard. What about you register under your ref link, then both his supporters and recently received $ 50 and there is nothing I will guide. ok
4. Registration Guide
Link register here; https://webtransfer-finance.com/en/?id_partner=19525447

After you click on a page that will follow:

You will see that the top bar, you just log in with nick facebook, or G + ... you login with which also nhé

You do not need to register because it's automatically synced your information and then

After registration is complete, you need to verify your phone number to receive $ 50

Property which you choose Vietnam Phone (+84) and enter the phone number, then the certification is complete it will have traces blue above is OK

Also want to withdraw the money you have to add payment gateway on, I recommended using PM

Attention to more successful PM, then you must fill in the Username and number U

Username is the front page, as shown on the thinhchien, while the U is on the next page

After entering the U, then click on the green button on the bottom right frame will appear after requesting confirmation phone number

To send the message successfully, you need to click on the SMS site Inquiry offline: D

Then enter the code number from the phone on and press OK job is finished verified accounts

ok
6. Guide to the account recharge
Deposit to find you on the payment gateway, use PM

Next

then you just click next and next ... until all is ok

7. Guide lending

You go to:

Interest rates ranged from 0.5% to 3% / day
On loan ranges from 3 to 30 days
The average interest rates currently range 1:27%. 1.6% to 1.3 exam often but on the amount of your money

1 is the average loan interest rate
2 and 7 of the loan amount
3 is the day your loan adjusted from 3 to 30 days
4 is the lending rate from 0.5% you adjust to 3%
5 is the insurance amount, this amount is 50% for admin, this means that his work takes 50% for admin but you will ensure that there will be profits and avoid risk.
6 is the actual amount you receive
was built on the word you guarant offline. to be admin guarantee
Also part overdraft loans as overdrafts, the new volume (I told her bottom) ok
Once completed you are finished and press Submit lending successful displays

You will see that if its status is active, it means that lending is successful, there is no one to borrow Posted whole. You can delete and re-lending go with a lower interest rate, the borrower will have. here I have finished active.
After you afford $ 50 then you can withdraw the money, please click Withdraw next place. ok

Note: For those who invest> = $ 100, there will be functions overdraft.
1. Your $ 100 will proceed with normal loan
2. then you can proceed further loans from $ 100 to $ 1,000.
but after 1 or 2 days you need to load the amount you borrowed from admin to receive interest. no, you will lose interest and overdrafts deducted $ 10 from your money.
So, tips for you after ordering your cash loan is complete, your new loan Order by overdraft. Examples its lending reach 28 or 29 days of its cash investment of $ 100. then you borrow $ 100 by admin, you can order a 30-day loan range. For the next 28 or 29 then you got the principal and interest payments with your money then. Image

Such as playing the best site you need to invest at least $ 100 for overdraft mode. because then you would get an interest rate of 50% a month, but not greater than when you do the PTC site but stable, sure, especially not buried capital, as PTC scam ok

https://webtransfer-finance.com/en/?id_partner=19525447

Canada's BitGold raises C$21M to fund gold storage, wallet platform

BitGold Inc. (TSXV: XAU) provides a platform that brings some of the attributes of virtual currency to the management of physical gold. Clients can open an account that allows them to trade gold from a secure repository and obtain the proceeds from sales, immediately and securely.

The company raised $17 million (C$21 million) in a bought deal that started out as a $14.8 million offering.
Toronto-based BitGold has only been trading publicly since mid-May, around the time it acquired vault operator GoldMoney Network Ltd. in a stock deal valued at $42.1 million.
Raising further capital in the U.S. looks likely.
"Post our acquisition of GoldMoney and the institutional raise, we are taking steps for both main board listing on the TSX as well as a U.S. listing strategy," co-founder and chief strategy officer Joshua Crumb said. "We would like to be listed and offering services in the U.S. later in the year."
Crumb said the company could have remained private and benefited from the money flowing into venture capital, but management decided that the transparency required by public markets was crucial for a company providing financial services.
BitGold formed through a merger with publicly traded Loma Vista Capital Inc.
The current bought deal (similar to an underwritten offering in the U.S.) was led by GMP Securities LP. Other underwriters included Clarus Securities Inc., Canaccord Genuity Inc. and Dundee Securities Ltd.
BitGold sold 5 million shares for C$3.65 each in the offering. Also, the bankers exercised their underwriters' option to purchase an additional 750,000 shares, BitGold said Tuesday, June 16.
Investors included Albert D. Friedberg of Friedberg Mercantile Group Ltd. and the Friedberg family's FCMI Parent Co.
Friedberg Mercantile is an alternative asset manager and brokerage firm based in Toronto. Its investment vehicles include the Global Macro Hedge Fund and Asset Allocation Fund, which are available separately for Canadian and non-Canadian investors.
Investors in past rounds of financing by BitGold have included Dundee Capital Markets, Soros Brothers Investments LLC and Sprott Inc., Crumb said.
He distinguished BitGold from other online gold platforms, some of which obtain gold at mercurial spot prices. BitGold's platform allows buyers to purchase gold within 1% of real-time prices.
Along with pricing, the platform offers quick settlement.
"We built our own exchange to get the best price possible and reduced settlement from a couple of days to instantly," Crumb said.
Physical gold purchased through BitGold is stored in Brinks vaults in locations around the world, and Brinks Co. provides insurance on the gold.

How To Make Money on bitLanders?

How To Make Money on bitLanders??

EASY!!!
A facebook like site which is waiting for you...!! you should be a part of this job

You can easily earn 100 to 200 dollars in a month..Also much more..Its up to you..

Register on this site by click below...!

Click Here http://goo.gl/45zpPy

Join me and send friend request ......So i could guide and help you to earn fast from this online job..!

How to make money on bitLanders, increase your BuzzScore and be featured on the bitLanders Press.

Join to the bitlanders and Earn Money now

just participating in social networking connections, posting status, photos, videos, you will receive money from the coment and the buzz of the track and your frend. too easy to make money with Bitlanders. 
bitLanders allows all contributors on its platform to earn money with their work. While filmmakers get paid for their films, bloggers get paid for their articles. If you’re a filmmaker who also blogs, you get paid for both. If you’re simply a viewer, you get paid for sharing content.
All revenues are based on a scoring system that we created called the BuzzScore. It calculates your influence and ability to engage your audience with social media tools. The BuzzScore quantifies your leadership!

Higher BuzzScore = Higher Revenue
Your BuzzScore has several components:
Filmmaking score : The number of films you upload. Having your films featured on bitLanders Picks will increase your BuzzScore.
Blogging score : The quality of your blogs. Having your blog featured in The Annex Press will increase your BuzzScore.
Sharing score : How much you share content on social media platforms.
Influence score : How much your content is shared on social media platforms by other users.
Subscribers: Having subscribers with high BuzzScores will increase your own BuzzScore.
THE FILMMAKER
Click Here to Join http://goo.gl/45zpPy
Want more exposure on bitLanders? We have a featured filmmaker and Web TV section on our homepage. Plus, we have hundreds of featured films. The featured Web TVs are handpicked by our creative team and featured on bitLanders Picks. All filmmakers on bitLanders Picks will have higher Buzzscores due to the quality of their work. A higher Buzzscore will result in an increase in revenues.

The Web TVs of the filmmakers with the higher BuzzScores will be showcased more frequently in the Sponsored Web TV section on the homepage. This will provide the filmmaker with more screen-time and more exposure, however it will not affect the revenues.
The BuzzScore assesses how social you are on the web. More social filmmakers will take home more revenues.
THE BLOGGER
All writers on bitLanders are compensated based on their BuzzScores. The BuzzScore of a writer who is part of The Annex Press is higher due to the quality of the writing. Therefore, an Annex Press writer receives more revenues compared to a non-Annex Press writer.

What is The Annex Press?
The Annex Press is a platform created for professional writers from all backgrounds. On the Annex Press, you can read articles about film and entertainment, politics, health, current events, sports, science, technology, and so much more. All Annex Press articles must be originals. They are reviewed and hand-picked by the bitLanders editorial team. In addition to a group of regular contributors, the Annex Press also accepts guest blogs from contributors who are experts in their fields.

If you would like to write for the Annex Press, please inquire within by sending an email 
THE VIEWER

Not a filmmaker or a writer? No sweat. Even viewers earn money on bitLanders just by sharing the content they love! A high sharing score will influence a viewer’s BuzzScore in a positive way. Moreover, viewers have the option to curate their Web TVs by requesting films from their favorite filmmakers and/or adding movies to their channels from our Open Film Library.
COMPANIES, CORPORATIONS, AND INSTITUTIONS

WHY DID WE CREATE THE BUZZSCORE?
Let's say you're an active content creator on bitLanders. You upload videos regularly, you blog, create photo galleries, etc. You promote your content on social networks by using the social media buttons on your bitLanders channel. Others promote your work, because they like it. Something is right here! You're not only creating content, but you're also promoting it. Plus, others are promoting it too! Your BuzzScore is likely to be very high. And if you're so social, then we reward you by highlighting your Web TV on our homepage more frequently compared to those who are less social. Plus, you get to make more revenues when you make better movies and write better articles. Good Luck!
Join to the bitlanders and Earn Money now

How to Buy Gold? The Ultimate Guide to Investing in Gold

For centuries  investors have been aware of the importance of gold as part of a well balanced portfolio. In addition to offering wealth diversification, gold is a world renowned safe haven for investors offering the ultimate insurance and protection against turbulent economic times. History illustrates gold is a timeless asset, not only proving to be a successful preserver of wealth, but high gold prices and record demand has ensured it has outperformed most other forms of investment.

February 2014 saw the release of the most recent ‘ Gold Demand Trends ’ statistics from the World Gold Council who published a 28% rise in global gold bar and coin investment in 2013. Chinese consumer’s appetite for gold continued, breaking previous demand records. Interestingly, investors shied away from gold investment through ETF’s as institutional positions were sold. By contrast, the demand for gold bars and coins surged to an all-time high, highlighting the importance of physical gold to consumers. With unprecedented consumer demand for gold bars and coins in the Far East, Middle East and South Asia and a very strong start to 2014 for the gold price, could it be an ideal time for you to buy physical gold?

Why Buy Gold?

In times of economic uncertainty and instability, buying gold makes more sense than anything else. With confidence in the banking system and worldwide economy at an all-time low, gold bullion could be the ultimate insurance and should act as an essential part of everybody’s investment portfolio. 

With the famous yellow metal in greater demand than ever, there are many rasons why people should buy gold. Owning gold could be the ultimate way to preserve your wealth, and possibly make a healthy return in these uncertain times. It’s an age old question which people have been asking for centuries – where is my money really safe? And more and more people are now choosing the oldest answer: GOLD .

Where to Buy Gold?

Research is everything. Your decision to buy gold online wouldn’t have been taken lightly and should be backed by your own research. Much the same, when it comes to selecting your chosen bullion dealer, again research is vital. The Internet is the best place to conduct your research. The Internet holds information about the impartial experiences, opinions and recommendations of millions of people all around the world. It sounds obvious, but why not start your research by simply typing in the bullion dealers brand name into BitGold. The Internet really is the world's largest open forum in which companies have no control. It will become quickly apparent if a bullion dealer has a negative online reputation, in which case they should be avoided at all costs.

BitGold co-founder Roy Sebag explains the company's philosophy

BitGold, which offers a platform for savings and payments in gold, listed on the TSXV on May 13 at 90¢ per share and since then the company's shares have traded as high as $8.00 apiece. The startup shook up the markets again on May 20, with the announcement that it is acquiring GoldMoney Network Ltd. (GoldMoney) for $51 million.

Roy Sebag, BitGold's co-founder, recently spoke with The Northern Miner's Trish Saywell about the company's origins and philosophy.

The 29-year-old started his career as a distressed equity investor and developed a strategy of contrarian investing in "very sticky situations" such as bankruptcies, spin-offs, and reorganizations, when he thought there was a discrepancy between market value and fundamentals. He was the classic value investor, he says, "trying to buy a dollar for 10¢" and "trying to buy equities that trade like options in terms of risk/reward—where you lose one dollar if you're wrong, but you make $20 if you're right."

Sebag started investing when he was fifteen years old and launched his first fund at the age of eighteen. "I've been working for a long time," he jokes in an interview. "That's why I have a lot of grey hair."

Sebag and co-founder Josh Crumb, set up BitGold on Aug. 14, 2014. The men have created a financial services internet-based platform that allows users to buy gold, store gold, and pay for goods and services using gold as the currency.

Prior to launching BitGold, Sebag founded Braavos Capital, an international private investment organization engaged in value-oriented investments across a variety of asset classes and industry. One of its investments, Natural Resource Holdings, has acquired six historically delineated deposits in North America, which together host a mixture of compliant and historic resources of about 1.59 million oz. gold, 34.5 million oz. silver and 280 million tonnes of iron ore. Another investment, in April 2012, was in Argentine energy company YPF, after President Christina Fernandez de Kirchner seized a 51% stake in the company, which at the time was owned by Spain's Repsol.

In 2004, Sebag founded Essentia Equity Ltd. Among its investments was providing seed financing to PPDai, China's first peer-lending network. PPDai went on to become a market leader by creating a credit database of borrowers and setting monthly records for loans matched. China's Alibaba Group invested $35 million in PPDai in November 2013.

The Northern Miner: How has your view of gold changed over the course of your career?

Sebag: I was trained to dislike gold and to look at it as something that can't be modeled. But what ultimately got me to appreciate gold was understanding that markets aren't efficient over the short term, and at times there can be very wide discrepancies between the fundamentals of an economy or a business, and the markets' speculative fervor, if you will. It happens on the upside with hype, and it happens on the downside, and both are a result of human psychology. We move from elation to despondency because we respond to fear and greed. That's what is so great about markets. And as central banks have become more involved in markets our economy has become more a reflection of the human fear and greed element. Right now we're seeing a lot of greed. But as we saw in 2008, greed can quickly turn into fear. What all of this creates is a situation in which there is very little predictability. Real economic growth should be driven by gains in productivity, by demographics, and what our physical world can sustain. Growth and prosperity have been achieved because those with capital could deploy it with some predictability—cooperating to achieve a goal. In today's markets—where the central actors are a group of academics in a room in New York—it’s now only about forward bets on policy. Savings and productivity have been minimized in the new “capital” return equation, and hence both metrics have been in decline since money went purely experimental. It’s gone so far now, that at this stage of the cycle, you're betting that there will be another buyer for that negative yielding bond—because you're not buying it on the fundamental math that it will destroy capital into maturity. Savers and those looking for long-term growth, through sustainable and cooperative gains in productivity, need a benchmark like gold, where the math has been unequivocal that it protects and measures capital and purchasing power over time.  

The Northern Miner: When did your view of gold really start to shift?

Sebag: In 2008 I started thinking that if you look at the physics of gold and the cost of mining gold, there is virtually no profit once you take into account exploration, energy, and capex costs. Therefore gold's marginal cost is reflected over time, a global function of labor and energy. That is incredibly useful. And with gold you only need to produce it once and you can keep using it over and over again with very little cost to maintain, it’s the original “scalable” technology. It's predictable in a world that is not predictable. By contrast, you can't model out a security like that, with unpredictable interest rates originating from new academic theory. Most companies or currencies that were around 100 years ago are not still around today. Gold is different, commodities are different.    

With this framework, I realized that gold wasn't an investment, it was a currency for savings and a global economic measurement. For those not born in the West, it probably has always been superior to the currency in their native countries, just very difficult to obtain. If you were born anywhere other than in North America, in other words, it is clear that gold has been a superior currency, and that people are punished simply for being born elsewhere. Factory workers born in Mississauga and factory workers born in Russia, for example, both work hard, they both contribute to society, but one is measuring his surplus in Canadian dollars and the other is doing the same in Russian rubles. Thirty years later, the person earning rubles is wiped out—for no fault of his own—and the person in Canada is fine. So the real value in gold is not holding it as an investment, it is using it as money, as a benchmark, and for savings.

The Northern Miner: You met your co-founder, Josh Crumb, in 2011. Tell me how your thinking evolved further as a team?

Sebag: We were both young guys pondering existential questions and we decided to explore whether there was a legal challenge preventing us from building something like BitGold. We believed that the legal challenge would be the main impediment. I knew the math was clear from my background in finance, Josh developed the marginal cost model and knew the math was clear from his background in physics and mineral economics, so why can't a modern bank be backed by gold? And post-2008 I thought that it would be a massive selling point. So we hired a top law firm and went to work. We discovered that there was a legal framework through which we could operate as a Canadian company and it revolved around bailment law. Given that gold is a commodity, you could have a customer relationship in which you temporarily possess the commodity, but act on behalf of the customer.  Think of it like a valet service. You give a valet your car, the valet gives you a ticket, and that's the legal framework. It's your property right. So in BitGold's case, users with an account can show up at the vault where their gold is stored and reclaim it. 

The Northern Miner: What was the biggest challenge?

Sebag: It turns out that it wasn’t the legal but the technology. No one has tried to do this before without a shortcut, using IOUs, fractional reserves, or some other way to cheat the challenges of a high-velocity physical settlement. When you look at fiat and gold, the two were equal in 1971. When gold was demonetized, however, you had this exponential increase in technology with advancements in the movement and digitization of fiat with things like E-payments and credit cards. But gold remained in this London fix, over the counter trading. Transactions were cumbersome and time-consuming. You filed a request, the money was wired, and then the gold was shipped. The whole process could take from one to three weeks. BitGold has shortened the settlement cycle for gold. In order to do it, we had to adapt the existing system. When you swipe your debit card, or write a check, for example, the settlement cycle is generally one to two days. Often it's as little as a few hours. So when we wanted to store a customer's physical gold in a vault, we had to have the system integrated with credit cards, for example. We needed to be able to liquefy that gold into cash within a few hours or a day.   

The Northern Miner: What does it cost to open an account with BitGold?   

Sebag: We provide gold to our users at the spot price, plus 1%, which is our fee.

The Northern Miner: Is there any risk to BitGold in this system?

Sebag: We try to minimize the risk for everyone. We have very little working capital requirements. We just collect a fee in gold weight between purchases, sales, and connections to existing payment networks. We had to connect our technology (AURUM) to existing rails, card networks, Interac, UnionPay, SWIFT. We're now connected to all of them. Users can open accounts, make deposits, and within ten to fifteen minutes get gold at the best possible price. They can then go and use that gold. They can send it to anyone in the world for free through an email or text message. Merchants can send invoices and be paid in gold.

The Northern Miner: This will be incredibly useful for people who live in countries where banking and payment systems are not well developed.

Sebag: It is empowering for people who may not have a way to make deposits where they reside. The gold sits in vaults outside their jurisdiction. They can have their savings in gold, accumulate it in London, for instance, and yet access it and spend it locally from a smart phone. And the next time their country's currency is devalued, their labor won't be devalued. It also helps their local community and maintains aggregate demand. It counters this brain drain problem, where people constantly have to move closer to the money centers to succeed.

The Northern Miner: How did the emergence of Bitcoin shape your thinking?

Sebag: Bitcoin showed us what was possible. We liked some of the underlying technology of bitcoin, and how bitcoin was designed to mimic gold as commodity money with a low marginal transaction cost. What we didn't like was its token value, because it is not a store of value inextricably linked to natural systems, it is just a really good medium of exchange for certain transactions. It was a powerful experiment and it showed us that we could come up with a better solution, using commodity money rather than the centrally planned debt people are forced to use. 

The Northern Miner: BitGold launched on May 4, listed on the Toronto Venture Exchange on May 13, and at last count has signed up over 25,000 users. 

Sebag: We're seeing a lot of demand—far more than I ever imagined. We now have users from almost every country.

The Northern Miner: I know BitGold is not available to people living in countries where there are sanctions, but why does it disallow users from the United States?

Sebag: There's no law that precludes us from doing this in the U.S. We just want to see more federal clarity around a business like this. We don't like the state-by-state approach. So long as we manage our Know Your Client and Anti-Money Laundering policies within guidelines approved by FINTRAC (the Financial Transactions and Reports Analysis Centre of Canada), and as long as we promote tax compliance, there's no reason why banks, processors, and regulators, wouldn't accept this. We just want to grow into the U.S. over time.

The Northern Miner: How is BitGold monitored or regulated?

Sebag: We are registered with FINTRAC. We are fully regulated and have a bank-grade anti-money laundering policy. Users have to open an account with government-issued ID. It's a very onerous process compared to a lot of internet companies, or even PayPal for that matter. We're expecting a lot from our users and we try to provide a lot in return.

The Northern Miner: What sort of costs are you carrying?

Sebag: We have very low fixed costs. We employee 20 people and most of them are software engineers. We also have a lot of capital. 

The Northern Miner: You've launched a program called Golden Heart that rewards current users who attract new accounts. Can you explain it?

Sebag: We really wanted this to go viral so we started the Golden Heart program. It gives account holders a unique link that they can then text message or email to other people. If someone signs up because of it, the account holder who sent the link receives 0.25 gram gold into his or her account. This has changed everything. When we first launched the program we had a few users, but now people all over the world are signing up. For us it's a very low customer acquisition cost. We don't have a problem paying to acquire users at that price because users are going to be gaining trust in us. One of the reasons we went public is to demonstrate that we are transparent and have best practices. We're audited by PriceWaterhouse Coopers. 

The Northern Miner: The BitGold philosophy is very different from that of goldbugs. How would you differentiate the two?

Sebag: We don't like the fear ideology or narrative that the Goldbugs have linked to gold. We think there is a compellingly different and more empowering narrative simply focusing on the math, physics, and personal choices people can make with technology at a grass roots level. We don't believe there's a grand conspiracy, for example, or some kind of a plan, to systematically devalue the currency or confiscate wealth. We don't believe the Central Bank is the Knights Templar. We wouldn’t want a centralized gold standard, so we need to invent a market solution with technology, and do so legally and safely. We believe there is a misunderstanding of gold and money and it has to do with the lack of a multi-disciplinarian narrative by economists. The debates in macroeconomics have never been solved, we’re always experimenting and adjusting, as is the market. There's now this common consensus in academia that if things go badly governments can run deficits and print money, and it will encourage people to spend money that is worth less on things they don’t need, thus keeping the economy growing. In our opinion they don't properly look at the ramifications of that in a capitalist system with natural resource limits where productivity and prosperity are not easily achieved without long-term investment, literally feeding a division of labour with commodities you can’t cheat. So look at some of the data points related to the explosion of fiat money. Consider wealth inequality. When you measure the wealth of the 1% since 1971, you can see that it has gained by a factor of ten.  But no one understands why. It's very clear to us that this trend is linked to the proliferation of un-anchored fiat money. When fiat money is created, it's created through asset inflation.

The Northern Miner: Can you elaborate on the relationship between printing money, the devaluation of currencies, the increasing wealth of the 1%, and why BitGold is so important as a result?

Sebag: Central banks don't just distribute fiat money to everyone. They buy assets. But they don't buy real assets such as mines, factories, and property. They buy securities such as treasury bills or government-issued bonds. They buy these securities indirectly from financial services dealers and this drives up financial asset prices. This has been happening since the end of the Volker era. Who owns the securities? Not those who are just starting out on their journey in life and launching their careers. They are not the ones buying securities. They are trying to save their first $5,000 or $10,000 in a chequing account. Who is buying the securities? It's the 1%—which includes me. Here's the chronology of who benefits first in the fiat system. The 1% buys the equities and pushes up the asset prices. They then sell the securities and go out and buy assets. They buy real estate, cars, art. They start companies. The money then starts to trickle down. But because the 1% got the money first, there is what I call purchasing-power decay. The 1% buys the best houses on the best street, and whomever wants to compete with them, has to convince them to sell their house to them. So when more money is printed, you have purchasing power decay that can be as much as 50% within a year. So the 1% is benefiting. I'm part of that 1%. We work hard, of course. But we own key parts of the economy and large parts of the controlled wealth, because we get the first pass on new money.

On a gold system that would be impossible. Everyone would have to be paid in gold or its value equivalent. Gold can only be extracted from a mine and mining requires energy and labor. Using gold as a currency would be a far more equitable system because you can’t cheat it, you can only seek productivity gains that everyone benefits from. It would be a system in which a worker that is productive and generates surplus can climb up the economic ladder. Under a gold system, a family could move from poverty to the upper middle class without being cut off by these shortcuts. In our current system we minimize the value of real commodities and real labour, always seeking a scalable way to extract or redistribute current wealth, not create more through productivity. 

The Northern Miner: The purchasing-power decay you speak of is illustrated in the problems facing today's millennial generation.

Sebag: You're seeing millennials today who can't even achieve what their parents achieved. They have to share cars and housing. They have to use Uber because they can't afford to own a car. This has happened because there has been an accumulation of paper wealth that wasn't earned through surplus or productivity. In fact, productivity has collapsed as asset prices have increased. This has become a huge problem. Millennials are willing to work hard. But because there has been no discipline, governments have been generating trade and budget deficits for years with fiat money. The simple solution is: If you let people operate on a gold system, they can peg their surplus to themselves and aren't exposed to factors that devalue currencies.

Gold is not going to make people rich. It just reflects the cost of production that can't be devalued. Gold has been a good peg for food and energy prices for hundreds of year in markets that are not predictable. That's very valuable.

The idea that gold is going to $10,000 an oz. and make Goldbugs rich, is bullshit. We have to open the debate about money. Can there be a gold system that is equitable? Let's solve the technology and let the market decide. Perhaps we are wrong, but we need challenges to a system that clearly isn’t working for 99% of the world. We feel we have a lot of solid math and history on our side.  

The Northern Miner: What kind of feedback have you been getting beyond the acceleration in your share price?

Sebag: Everyone we've spoken to—on the left, on the right, in Canada, in Europe, politicians—they are intrigued by the idea. People from all spectrums get it as long as it’s done correctly. They have no problem with it as long as BitGold promotes tax compliance and anti-money laundering regulations. We don't have a problem with the state. There has just been a misunderstanding of the economics. We decided to build this thing for people as we thought it was needed, and people from all over the world are embracing it. Recently there was a day when we had over $200,000 come in. We're democratizing accessibility to a stable form of savings.

The Northern Miner: The level playing field aspect of it will appeal to many people...

Sebag: We felt we needed to do this. We understood the math. The problem with gold is that it's linked to the U.S. dollar as an investment. We have unlinked it. We're creating a live price system in 106 different currencies. When you look at the charts going back ten or fifteen years you can see that gold is up against every currency. The biggest bull market in gold didn't occur from 2002-2011, it occurred from 2011 until now. It occurred in Brazilian Real, in Japanese Yen, in Russian Rubles. But nobody noticed. There is an opportunity here. Why do people in India buy gold? They do it because they're pricing it in their local currency, not dollars, and their currency loses value compared to the food prices that make up 50% or more of their spending. They are not trying to get rich through asset speculation or investment, they understand that it is a savings, it's a dowry, and it's the only thing they can pass on forever when they build a surplus.