Archive for the ‘General Info’ Category

Buying Gold and other Precious Metals with Bitcoins

5, Jun 2015

gold-bars-for-bitcoin
Gold has been used as an universal currency for thousands of years and during all this time the value of gold has remained relatively stable and that is precisely why it is a good choice for a reliable and secure long term investment. The same can be said about some other precious metals that such as Silver or Platinum as unlike fiat currency precious metals cannot be printed whenever you need more – there is a limited supply. Bitcoin, just like gold and other precious metals, has a limited supply and does sound like a good long term investment if you believe in the future of crypto currencies. But unlike gold, BTC and other crypto currencies are a more risky investment, though they can be more rewarding as their value is going up (it can go down as well). So a smart thing to do is to diversify your investment portfolio and not focus on only a single thing, so more and different crypto coins as well as turning some of the coins into an investment in gold or other precious metals would be a smart idea.

The good thing is that there are already quite a few precious metals dealers that accept not only Bitcoin but other cryptocurrencies as well, so it is relatively easy to turn your virtual crypto coins into physical Gold coins, for example, if you’re looking to buy gold coins Brisbane.

amagi-metals
When talking about precious metals dealers that do accept Bitcoins as a payment method one name is often cited in the world of crypto currencies and that is Amagi Metals. It may not be the first company to accept BTC for precious metal purchases, but it is one of the most trusted names in the community when talking about spending Bitcoins to buy precious metals. Now, purchasing precious metals such as Gold can be done using various payment methods such as with a Bank Wire, Personal Check, Money Order and Cashier’s Check, PayPal or by Credit Card, but using BTC has some advantages. usually if you purchase Gold using Bitcoin you can have a higher purchasing amount, there are no extra processing fees (you might even get a discount off the regular price) and the payment clearing time is shorter, so that you can get your precious metal coins or bars shipped to you faster. So if you are interested in purchasing some Gold or other precious metals using BTC as a payment method you check out Amagi Metals as a good starting point, the company is based in Denver, Colorado, USA, however they are shipping worldwide.

Now if you are not based in USA you might want to order from a precious metals dealer that accepts Bitcoin payments and is closer to you to avoid possible problems with customs, so for example if you are based in Europe and a part of the European Union you might go for Bit Gild who are based in Netherlands. There are of course some other precious metal dealers that accept crypto currencies such as Bitcoin that you might want to check out, so you can also look at the offers from Provident Metals or a company previously known as Euro Pacific Precious Metals and now ShiffGold, both USA-based or Bitcoin Commodities shipping form EU and USA or Bullion Star based in Asia and quite a few more. There is another interesting new alternative to just purchasing Gold and getting it physically sent to you, the service BitGold offers you to purchase Gold with fiat and BTC and you can not only store it in your account or redeem it in physical form should you decide you want it, but also use it as a means for digital payments.

Game of Birds, a New Game With Bitcoin Tipping Feature

2, Jun 2015

game-of-birds

MandelDuck, the developer of the free game SaruTobi that awards player with real Bitcoins for playing, has released a new game with Bitcoin Tipping feature called Game of Birds. This is kind of a parody mimicking the Game of Thrones franchise in its name, but the game actually does not have anything to do with the popular TV series, nor it is just another Flappy Birds clone. It is actually a fund and engaging game that requires some logic thinking and some experimenting until you reach the best way to free a trapped little chick from the bad owls that surround it. To free the little chick and let it fly away free you need to use different kind of bombs to get rid of the bad owls, but beware there are some more bad things around you – hungry Foxes, Zombie viruses and deadly Wild Fires. Then there are also some Bitcoins that you can spot scattered among the levels, collecting these award you with real Bitcoin tips that are currently in the form of 100 bits or 10000 satoshi per tip.

The previous game SaruTobi relies on the Xapo online Bitcoin wallet, so you have to enter your email address that is also the username for your wallet to get the Bitcoin tips. In their new game called Game of Birds the developers apparently decided to go for an alternative, s o they are using the Coinbase online Bitcoin wallet instead. In order to be able to receive Bitcoin tips while playing the game you will have to enter your Coinbase username which is also the email address that you used to register at the service. In order to get your Bitcoin tip or 100 bits (10000 satoshi) while playing the game all you have to do is destroy a Bitcoin coin that you see in the level you are playing.

The new Game of Birds game is only available for iOS devices, just like SaruTobi, as MandelDuck is developing games for the Apple mobile platform, so unfortunately Android owners will not be able to check the game out. Do note that it requires iOS 8.1 or later and is compatible with iPhone, iPad, and iPod touch, but is optimized for iPhone 5, iPhone 6, and iPhone 6 Plus. A word of warning, the game can be addictive, so be careful as you progress through the different levels the difficulty also increases. So just have fun playing and enjoy the real Bitcoin tips you can earn while you have fun playing the game.

– For more information and to download and try the free game Game of Birds for iOS…

Cryptosteel – The Ultimate Cold Wallet

18, May 2015

cryptosteel

Cryptosteel is an interesting project for an almost indestructible stainless steel offline wallet to store your private keys and passwords offline. Cryptosteel comes with 3 stainless steel sheets full of engraved letters – all caps and digits, so that you can design your cold wallet storage of up to 64 characters in minutes without the need of special tools. You create the secret content yourself, so you can use it not only as an offline crypto currency wallet, but for storing other important passwords or data as well.

How does Cryptosteel work?
– Simply punch out desired numbers and letters from sheets provided
– Slide them into the stainless steel container
– Secure snap on the side and slide wallet close
– No electricity or tools required
– No sharing of confidential info with 3rd parties

cryptosteel-key-features

The cryptosteel is not yet available, but the people behind the project are almost ready to launch a crowdfunding campaign to get it in the hands of the most eager users who want to get it first. The Cryptosteel Cold Wallet crowdfunding campaign will start on Indiegogo on 20th of May, so in just a few days you will be able to reserve your spot to be among the first to get the device.

– For more information about the Cryptosteel cold wallet crowdfunding…


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