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Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 8. (Read 30634 times)

legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
... I can't understand the benefit of holding a token like this...

GOLD is more stable and reliable than other cryptocurrencies, store of value, and is simply much easier to buy, store, sell, exchange as real gold.

...It isn't hard to buy real gold to hold...

I agree that it is relatively easy to buy very small quantities of gold even online, when it comes to amounts a bit larger, like few thousands USD not possible without revealing at least some of identity.

...invest in an ETF with audits and regulations...

KYC/AML
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
Tokens that are "backed by gold" have been around as long as I've been in crypto (more than a decade) and each and every one of them always end up being scams that get rug pulled.  Not saying that's what is happening here, I mean the thread is several years old...  However, I can't understand the benefit of holding a token like this.  It isn't hard to buy real gold to hold, or to invest in an ETF with audits and regulations.  Investing in something like this seems to be financial suicide.  Granted, I could be wrong, but I honestly can't think of any benefits that could come close to the risks of something like this. 
hero member
Activity: 1918
Merit: 535
Hi,

Who knows why eth and bitcoin stuck and do not fall when all other market goes down?

because they are the best choice.
copper member
Activity: 632
Merit: 178
Hi,

Who knows why eth and bitcoin stuck and do not fall when all other market goes down?
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
Patterns are good, but it often happens that serious macroeconomic data breaks them down...

Yes I will have to agree with you on this, still triple top is pretty strong signal for reversal.

...The world economy is in trouble and confusion right now.

this is where GOLD was always the number one investment, and still is, despite patterns, reversals, corrections, long term trend on GOLD is bullish, price keeps going up

I myself and many other people I talked with lately that look to run away from inflation and want to diversify crypto portfolio, majority think about GOLD and other commodities, still gold is the number 1 here no doubts about this.
copper member
Activity: 632
Merit: 178
...Very soon we may see the level of $2,000 per ounce.

are you not afraid of Triple Top Reversal Chart Pattern when it happens?

we had such pattern also in 2018, gold price corrected during next few months.


https://www.asktraders.com/learn-to-trade/technical-analysis/triple-top-pattern/

so I hope we will see ATH next year for GOLD but $2200 or higher   Cool Wink



Patterns are good, but it often happens that serious macroeconomic data breaks them down. The world economy is in trouble and confusion right now.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
...Very soon we may see the level of $2,000 per ounce.

are you not afraid of Triple Top Reversal Chart Pattern when it happens?

we had such pattern also in 2018, gold price corrected during next few months.


https://www.asktraders.com/learn-to-trade/technical-analysis/triple-top-pattern/

so I hope we will see ATH next year for GOLD but $2200 or higher   Cool Wink


copper member
Activity: 632
Merit: 178
How do you feel where the price of gold goes in 2023?

Don't know if you have read my earlier comments?

I keep accumulating as much GOLD tokens I can, so this is best answer to your question.

Yes I am bullish and think that there is big chance we will reach ATH until March 2023 for gold price.

Gold is going up from so many years, there are corrections, some black swan events that impact the price of course, but despite everything GOLD keeps going up, long term trend is bullish - trend is your friend, I don't argue with that  Cool Wink.

PS
GOLD token is pegged to real gold price - this is stablecoin that won't be deppeged as others already have and are in threat of such black swan event!

Same we think. In world crises, gold has always been the most stable instrument for saving capital. Already now we can see how liquidity is gradually flowing into gold. Very soon we may see the level of $2,000 per ounce.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
How do you feel where the price of gold goes in 2023?

Don't know if you have read my earlier comments?

I keep accumulating as much GOLD tokens I can, so this is best answer to your question.

Yes I am bullish and think that there is big chance we will reach ATH until March 2023 for gold price.

Gold is going up from so many years, there are corrections, some black swan events that impact the price of course, but despite everything GOLD keeps going up, long term trend is bullish - trend is your friend, I don't argue with that  Cool Wink.

PS
GOLD token is pegged to real gold price - this is stablecoin that won't be deppeged as others already have and are in threat of such black swan event!
legendary
Activity: 2520
Merit: 1721
MrStork Exchange Service

Let's do this, for sure we can do a lot, not only discuss GOLD token here but spread the word further.

Many of my friends that invest in crypto look for some ways to diversify their portfolio and add commodities

Still not many people know about gold pegged stablecoins don't mention GOLD token in particular

This is the best opportunity to introduce them to GOLD token and I always do my best to explain what it is and how it works.

Let's do our best.
Even though today is my last day working with GOLD and working with GOLD for about 40 months.
it's a great experience. Cry

But let's do it, if you have any idea or some other way to introduce GOLD TOKEN.

I always wear this T-shirt in public places, and some people I know say hello and ask what I mean by my T-shirt, so I explain briefly and clearly so they are interested.







How do you feel where the price of gold goes in 2023?

The current price of GOLD has experienced a significant increase.
and coincidentally a few hours ago I also tried to sell my son's jewelry or earrings that I bought about 4 years ago, and got a profit from the initial price I bought.
the initial price of buying earring jewelry is Rp. 180,000 and when it is sold today it is Rp. 210,000
(didn't have time to take a photo of the proof of purchase invoice)

The price of physical gold goes up and of course, the price of Digital gold goes up.
copper member
Activity: 632
Merit: 178
...support the GOLD Official account we have to upgrade to a senior member...

Let's do this, for sure we can do a lot, not only discuss GOLD token here but spread the word further.

Many of my friends that invest in crypto look for some ways to diversify their portfolio and add commodities

Still not many people know about gold pegged stablecoins don't mention GOLD token in particular

This is the best opportunity to introduce them to GOLD token and I always do my best to explain what it is and how it works.


How do you feel where the price of gold goes in 2023?

legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
...support the GOLD Official account we have to upgrade to a senior member...

Let's do this, for sure we can do a lot, not only discuss GOLD token here but spread the word further.

Many of my friends that invest in crypto look for some ways to diversify their portfolio and add commodities

Still not many people know about gold pegged stablecoins don't mention GOLD token in particular

This is the best opportunity to introduce them to GOLD token and I always do my best to explain what it is and how it works.
legendary
Activity: 2520
Merit: 1721
MrStork Exchange Service
I agree with some of your opinions, this campaign needs refreshment to be more active.
All of us here who support DIGITAL GOLD will certainly try to make DIGITAL GOLD known to many users.
this is the right time because the GOLD market is on the rise.

and to support the GOLD Official account we have to upgrade to a senior member.

Just waiting for the manager's response, there must be an event or activity that makes GOLD TOKEN have a bit of an update.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
...I would summon the campaign participants to again support the representative account of the project...

Agree with you on that, person that is using this account is great and helped me many times already, always there when I have questions, and we are talking here about years long campaign.

...In my opinion soon we will see sharp spike or further correction, of course i count for the spike, keep accumulating GOLD tokens as much I can.

Look at the crypto markets things start to move, BTC 18K already, I really hope GOLD token also will go up, fingers crossed.

I don't know about another ATH this year because we are very close to this year ending.

yeah I also think not much time left and doubt if we hit ATH this year but next one will be the GOLD year, I truly hope for all of us, i also keep accumulating more GOLD
hero member
Activity: 2254
Merit: 831
Why is so quiet here?
By the way, I would summon the campaign participants to again support the representative account of the project. In the past summon, we helped it to rank up to full member and now it is not too far to rank up to Senior member. Why do we not give it a helpful hand?

A very long lasting campaign should be supported enough. It's fair support from community and participants.

Quote
Looks like we are in very interesting moment right now for the GOLD token price. In my opinion soon we will see sharp spike or further correction, of course i count for the spike, keep accumulating GOLD tokens as much I can.
After all silent and boring movement, it would be enough accumulation for gold so a spike must come.

Quote
Wonder your thoughts? Will GOLD token hit another ATH this year?
I don't know about another ATH this year because we are very close to this year ending.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
... you implied about issue (error) on the Gold Marketplace a few days ago when we can not get an exchange rate if we choose ETH as an exchange method. Anyway, it is fixed now and the marketplace works smoothly today...

Thanks for the update, happy to hear that Marketplace is fully operational again.

I keep wondering if GOLD token price will keep moving up or we will see some correction first?



Why is so quiet here?

Looks like we are in very interesting moment right now for the GOLD token price. In my opinion soon we will see sharp spike or further correction, of course i count for the spike, keep accumulating GOLD tokens as much I can.

Wonder your thoughts? Will GOLD token hit another ATH this year?

[Moderator note: consecutive posts merged (separated via horizontal lines)]
hero member
Activity: 2254
Merit: 831
I keep accumulating my GOLD tokens so I haven't used Digital Gold Marketplace lately, but when I checked now indeed it looks like we can't use ETH network to buy or sell?

https://gold.storage/en/market
You can use it today as I checked a couple of minutes ago. I knew that you implied about issue (error) on the Gold Marketplace a few days ago when we can not get an exchange rate if we choose ETH as an exchange method. Anyway, it is fixed now and the marketplace works smoothly today.

I guess that it is a problem to detect price of ETH then use it for the exchange rate between GOLD token and ETH.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
It would be a big advantage for users but with Ethereum network, basically we don't have it.

I keep accumulating my GOLD tokens so I haven't used Digital Gold Marketplace lately, but when I checked now indeed it looks like we can't use ETH network to buy or sell?

https://gold.storage/en/market
hero member
Activity: 2254
Merit: 831
Conditions on financial markets are bad and GOLD token should be no brainer in such circumstances, I am sure many people will be blown away if they only know that they can invest in GOLD token that is pegged to real gold price. Frequently I talk with people and when i tell them about it literally everybody is interested and want to test it out.
This is a very good performance within recent chaotic months with so many terrible depegs. The Digital Gold token is strong against depeg because it is designed correctly at beginning. It is designed to be backed by real physical gold bars which are qualified and stored at secured and trusted vaults in Singapore.

It is transparently presented at Gold website and we can always check available gold bars in vaults at Bullion Stars website.

Quote
Of course what they like the most is that GOLD token can be purchased and sold fully anonymously!
It would be a big advantage for users but with Ethereum network, basically we don't have it.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
...What do you think ?

Agree, long term GOLD token price will go UP in my opinion, but short term I don't know, maybe we will see some correction,
this is nothing unusual, and personally I think that it will go bit deeper before we will see another leg up.

Conditions on financial markets are bad and GOLD token should be no brainer in such circumstances, I am sure many people will be blown away if they only know that they can invest in GOLD token that is pegged to real gold price. Frequently I talk with people and when i tell them about it literally everybody is interested and want to test it out.

Of course what they like the most is that GOLD token can be purchased and sold fully anonymously!
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