Coin Security Tools are accessories and enhancements helping to keep large and small coin amounts safe.
Being Ones Own Bank is a very good thing. It can be a nightmare if people are foolish or lax with security though. Advanced users use advanced tools, even though these are clearly less convenient — better be safe than sorry!
Apple, Inc. (NASDAQ:AAPL) have removed a number of Bitcoin-related iOS applications from their proprietary online App Store. While in some cases, Apple failed to even give a proper reason for their move, other app developers have received notifications from Apple , Inc. that Bitcoin payment functionality, in a stricter sense, needed to be removed for apps to stay “acceptable” for Apple’s platform.
The measure taken by Apple, Inc. has resulted in the extinction of usable payment applications for Bitcoin on Apple iOS devices such as iPhone, iPad or iPod touch for the time being. Only a few apps that show just Bitcoin wallet balances or general prices on Bitcoin exchanges continue to be “permissible” for Apple. The company have, therefore, censored all truly useful Bitcoin applications for the widely used Apple devices out of existence.
This is yet another attempt at a proprietary, corporate-run, centrally-controlled system instead of using state-of-the-art technology, which is decentralized Crypto and private blockchains to deliver decentralized consensus and overall payments operations worldwide at low cost.
This kind of corporate policy has infuriated a large number of mobile device users. As a short-term result, a number of fixes for the problems caused by unavailable official App Store programs supporting full Bitcoin payments functionality have already appeared. Most prominent among these is … These are only functional on jail-broken iOS devices though. (“Jail breaking” means removing existing and re-installing modified versions of the operating system onto original devices in order to circumvent DRM (Digital Restrictions Management) technologies present in standard Apple items.)
Apple, Inc. have a vested interest in electronic payments systems. The reason for Apple fighting Bitcoin is that the company appears to be determined to introduce their own payments system for Apple mobile devices. Apple’s planned system is said to be designed for PoS payments (point-of-sale payments) and to also be suitable for small or micro payments useful, for example, for downloading music or movies from Apple’s proprietary iTunes platform.
Forcing users to not use Bitcoin seems to be “okay” then for a large corporation trying to, obviously increasingly desperately, introduce something they see as the next big thing into the market predominantly for their own good, not the users’ who would certainly benefit much more from using low-cost and reliable Crypto currency payments such as Bitcoin.
Crypto currency accessories and tools to give your coins Real-Life value
Forget about PayPal, forget about Credit Cards, forget about that 19th century dinosaur system S.W.I.F.T sending paper currency using a technology that’s outdated and almost 200 years old. What’s needed is something to help you re-gain control, something cutting out the middleman, particularly banks and their organizations co-operating diligently to siphon off percentages from EVERY transaction. Get rid of the financial Cosa Nostra like credit card companies or PayPal.
The technology is here to put yourself in the driver’s seat, we just need to use it by analyzing the current situation intelligently and deploying appropriate tools and de-centralized control.
In this section of the FXFO.com website, you will find a wide range of gold and silver bullion and coin investment questions answered, from how and where to buy and how much to pay to what specific types of precious-metals investments are most recommended and popular among the smart money and professionals investors in the Gold and Silver markets.

Select from the menu above to discover more in-depth articles for Gold and Silver investors and explore a wealth of real-life insights and FREE information on the topic.
To trade Crypto coin calls or puts, Gate.io is a great exchange offering 5x long and short positions along with many other trading choices. Of course, it’s FREE to sign up for a trading account there. Wondering what to do in falling Crypto markets? Looking for smart strategies to make the best of a pretty bad situation? Then read this post and discover pro trader methods! In this article, you will discover the tools you need for the type of free-falling markets we seem to be witnessing in Crypto coins for multi-months now.
Find the right tools for any market, good or very bad ones! In this article, you will be introduced to and find some explanations about the tools and strategies you need in order to prepare and turn big profits on the back of the breakdown we’ve been experiencing in bitcoins across the board. No matter if it gets worse, or how nasty it’s going to be specifically, here’s how you can turn the tables on markets “doing this to you” right now! There are “Tools of the Trader” that are meant to be used specifically in markets like this! It’s not simply “buy low, sell high” or “buy now and wait for better times” but something more refined (and much more effective).
To do the same on Bitcoin as an underlying asset, you can use Crypto Long-Instruments and Short-Instruments. These are similar to Calls and Puts as we know them in other markets. Here they are structured as “perpetual leveraged positions” in a Crypto asset, i e a specific coin such as Bitcoin, Ether, Litecoin, Dogecoin, and many more. To see what this looks likein real life, use this chart and link to register for a trading account on Gate.io. Again, tt’s FREE to sign up.
If you like this post and want to stay in the loop on available “Tools of the Trader” and strategies, then please subscribe on this website in order to be notified of news and updates like this one WHEN the markets change and WHEN they’re needed.
Disclaimer: This article is for general informational purposes only, as are all articles and posts on this website. None of the information in this or our other publications or articles on this site is financial advice. Content authors do not even know your individual situation and, therefore, cannot and do not offer such financial advice here.
Opinions expressed in these articles and posts are observations, thoughts, and analyses of the article or post author and opinions derived from them. Do not rely on them or any other content of our videos for your own trades or investments; do your own due diligence and/or seek any necessary financial advice from licensed professionals before investing your money.
Disclosure notice: Links in the description above are affiliate links; if you click them for signing up, I will receive a commission — and YOU RECEIVE rebates on trading fees they offer on Gate.io for referred customers, depending on the individual offer chosen.
No. Not even in the U. S., or maybe particularly not in the U. S. While there may be some risk of government interference, it is not very likely to happen. Here is why: unlike in the 1930s, the U. S. dollar has become the world’s “reserve currency” today, with more dollars in circulation overseas than in the U. S. itself. Therefore, it would be extremely foolish for the U. S. government to “confiscate” gold as this might immediately raise suspicions worldwide about something being even more seriously wrong with the U. S. dollar than is generally accepted today and would very likely collapse the U. S. dollar within hours.
Most other ways of interference with the gold market would be as unlikely for the same reason.
Spreading scary news about “government confiscation” of gold is one ingredient of the better known gold scams and are normally used to get people to buying things they should not buy for the true reasons they set out on their original buying plan (like numismatic coins instead of bullion, see Can I Earn a higher Profit with Numismatics…, above). Successful investors develop a plan and stick with it. Do develop your plan and find out yourself how high the probability of gold “confiscation” really is. Once done, stick with your plan and be not fooled by some ignorant call center agent.
How Do I Buy and Sell Physical Gold and Silver?
Do I Have to Pay Sales Tax (or VAT or Similar) on Precious Metals?
Should I store my precious metals locally or overseas?
How Much Should I Pay for Physical Bullion?
Can I Earn a Higher Profit With Numismatic Coins?
What Is a Reasonable Premium Over Spot?
Should I Buy Bullion Bars or Bullion Coins?
Should I Buy Bullion Online?
Should I Buy Bullion Over the Phone?
Should I Buy Bullion Using eBay or Amazon Marketplace?
Are There Any Reporting Requirements for Gold or Silver?
Should I Buy Vaulted Allocated Gold or Silver?
It depends. If you are really knowledgeable about all the details and intricacies of numismatic coins, know all the ins and outs of particular coins or are an expert at spotting exotic coins, you certainly could make a killing in numismatic coins. This may be similar to owning a Strativari violin, a Van Gogh painting or a collection of rare wines. For the average investor though, numismatic coins may not be as suitable. What’s more, numismatic coins do not offer much in the way of protection against the risks that precious metals investments are supposed to alleviate (see section Should I store…, above). Other than bullion coins and bullion bars which are commodities having a price consisting of intrinsic value and usually almost nothing else, numismatic coin prices depend on a wide range of factors of which precious metals content is only a lesser part. Numismatic coins are graded and primarily depend on condition, but at the same time collector demand is a major ingredient in numismatic coin prices. If you invest in physical gold and silver bullion and bars as a hedge against any of the risks mentioned earlier (see Currency Risk, Market, Risk, Systemic Risk in the Should I Store… section, above), then you would not want to depend on normal and”sunny” market conditions all around to be able and sell your valuables. You would rather want to have something of raw material value that can be carried around without an air-conditioned container or a cushioned box and can easily be sold in the streets (or bartered, if needed).
For numismatic coins, the premiums charged -– not only over precious metals content, which is due to those other factors mentioned, but also over the “going rate” of comparable coins elsewhere – can, and do, wildly fluctuate with dealers being the ones usually making a killing in the process. Just watch a few commercials and the “incentives” to buy which include either ridiculous “specials” (percentage-wise) or “great” affiliate and multi-level marketing “opportunities”. Both were economically impossible, were it not for the outrageous markups numismatics dealers tend to charge. Also be aware of a number of “bullion dealerships” that turn out to be high-pressure selling outfits talking potential bullion buyers into numismatics because of the higher margin they can make on numismatics. (Many of these uninformed buyers who fell for the numismatics trick are still waiting to see any significant profits in their “investments”, even at today’s dramatically increased intrinsic values and high precious metals prices; please also read the Beware of the Pitfalls section.
How Do I Buy and Sell Physical Gold and Silver?
Do I Have to Pay Sales Tax (or VAT or Similar) on Precious Metals?
Should I store my precious metals locally or overseas?
How Much Should I Pay for Physical Bullion?
What Is a Reasonable Premium Over Spot?
Should I Buy Bullion Bars or Bullion Coins?
Should I Buy Bullion Online?
Should I Buy Bullion Over the Phone?
Should I Buy Bullion Using eBay or Amazon Marketplace?
Is Confiscation of Gold a Real Risk?
Are There Any Reporting Requirements for Gold or Silver?
Should I Buy Vaulted Allocated Gold or Silver?
The term Bullion means precious metals in their commodity or bulk form, cast as ingots (or bars) in various sizes or minted into coins.
Bullion coins issued by countries, such as the South African Krugerrand, the Canadian Maple Leaf or the American Eagle, are nominally legal tender with a face value although their bullion value is much greater. Bullion value is determined by mass and purity.
The fact that bullion coins have a face value also has some significant tax implications in many jurisdictions (these are discussed separately).
Both bullion bars and bullion coins are commodity items and are valued for their very substance rather than grading, coinage year, collector appreciation or similar.
Numismatics refers to collectible coins, uncirculated or circulated in various conditions. These coins are collected for their rarity value; they may have bullion value but their price is based on numismatic value. Numismatic value is determined by coin scarcity and condition, the latter indicated by numerical grades ranging from 60 for a coin with scratches or a weak strike to 70 for a coin in perfect condition. The abbreviation “MS” preceeding the numerical grade stands for mint state. A numismatic coin in perfect condition would have a rating of MS-70.
While numismatic coins can have a significantly higher value per mass and, given the right circumstances, may offer a “more compressed” form of value, their price is largely determined by appreciation, taste or other subjective factors. These may vary, particularly in uncertain economic times when coin collecting may turn out to be the least of people’s problems and therefore rank low on the price scale. The nature of bullion as a pure commodity, on the other hand, addresses not just a hobby but basic economic needs of exchanging value, barter or even affecting outright payment and is a far better and more secure way of storing value reliably.
During “normal” times, bullion coins and bullion bars sell at low premiums over spot. These premiums reflect the cost of refinery, minting, assaying, storage, insurance, distribution and similar production costs as well as a dealer markup that covers the bullion dealerships cost of operation and profit. If there are any taxes due on your purchase or if bullion is not bought locally over the counter, any taxes, shipping cost and insurance will be added. Barring any market irregularities, markups of 4% to 12% are the most common, and it is usually recommended to look for dealers that do not significantly exceed a premium of 8% over current spot price. If there is any significant uncertainty going on (like the Greek situation in 2011), street prices may very easily increase to 20% or even explode to 50% or more over spot. It is, therefore, good advice to buy the dips and load up on physical bullion during quiet times at the usual premiums and/or when the overall market takes a breath.
Tax considerations (see Do I Have to Pay Sales Tax… section, above) may influence your individual buying decision though, depending on actual total cost to you. Find out the total to be paid including premium, any taxes and shipping cost.
How Do I Buy and Sell Physical Gold and Silver?
Do I Have to Pay Sales Tax (or VAT or Similar) on Precious Metals?
Should I store my precious metals locally or overseas?
How Much Should I Pay for Physical Bullion?
Can I Earn a Higher Profit With Numismatic Coins?
Should I Buy Bullion Bars or Bullion Coins?
Should I Buy Bullion Online?
Should I Buy Bullion Over the Phone?
Should I Buy Bullion Using eBay or Amazon Marketplace?
Is Confiscation of Gold a Real Risk?
Are There Any Reporting Requirements for Gold or Silver?
Should I Buy Vaulted Allocated Gold or Silver?