Topic: [ANN] DIGNITY (DIG) Official Page - Formerly Unity Ingot - page 37. (Read 47977 times)

Don't know, maybe he consulted them once he started his own company?  I'm not very concerned with that detail. The thing is a good idea is nothing if there's nobody to execute it.  The team is imperative to the potential success of the token.  Right now there are no announcements of the new board for cryptobontix.  There are strong assumptions that some of the members of arbitrade will sit on the board for cryptobontix.  However it isn't confirmed.  But once it's all confirmed and in writing.  how much do you think a dig token will be by then?

Okay. I stand corrected. Thank you for posting the names of the board. I downloaded the Arbitrade whitepaper myself and I do have some legit questions, and I'm not just trolling here.

I'm curious why the whitepaper says that Len Shutzman worked for PepsiCo for 30 years, but if you go to his Linkedin profile, he shows that he stopped working for them in 1995 and started his own consultancy firm. What's up with that?

Everyone else's bio on the whitepaper seems to match their Linkedin profile.

Really happy with this coin.   The members of the board are in fact some of the creme of Wall street.  Fortune 50 execs..  I know for a fact their names would not be on this endeavour if it were not something they regard as serious business.  We have a lot of questions of course but these guys obviously don`t even care about us or anybody's opinion about this coin or they would be in here.  What I surmise from all that is after the changeover to DIG and other announcements are made as is referred to on the Crypotobintix site there will be no way to ever get in the coin again for under a dollar.  

Whatever anybody has to say there is going to be some huge money made by those who intelligently ignore the negative crap being thrown in our faces.   Anybody wants to say anything about anything and some idiot thinks he owns this page and we got to go through him before we make our opinions. He has parked himself on here and he is determined to rip anything positive apart.  He is really a troll of the worst sort (CryptoTraderGuy) and should be banned from this thread as his obvious only intention is to be a thorn in the side of this coin launch for whatever reason.  


It is plain to see the potential.  These are real fortune 50 execs on the Arbitrade whitepaper..


Leonard Schutzman
Non­Executive Chairman
Len Schutzman joined Arbitrade as Senior Advisor and Non-Executive
Chairman of the Board in July 2017. He retired from PepsiCo in 2011, after
serving as part of the company’s leadership team for more than thirty
years. He served as Senior Vice President & Treasurer of PepsiCo, where he
directed global financing, tax strategies and Mergers & Acquisitions. Len
also held positions as Chief Financial Officer of Pepsi Cola International,
Frito Lay, and Taco Bell.
Mr. Schutzman earned a BA degree in Accounting from Queens College, an
MBA from the University of Rochester, and is a CPA.


Dr. Timothy J. McGarvey
Director
Dr. McGarvey currently runs his own physical and electronic training
operation in London. On the electronic side, he built a cutting-edge
electronic trading platform for futures (with a focus on commodities)
which he calls Agora and he co-develops AI-mediated event-driven, price-
based, and fundamentals-based trading signals. On the physical trading
side, he sets up trades involving crude oil, jet fuel, LPG, ULSD, and marine
fuels primarily and has strategic partners in the USA, Europe, the Middle
East, and Asia and is engaged by Koch Industries in this regard. Previously,
he managed the nuclear operations of a nuclear submarine, was a natural
gas and electricity trader at EGL-UK and worked at Lehman Brothers with a
mortgage portfolio. Dr. McGarvey earned a BS degree in Engineering at the
US Naval Academy, a PhD in Physics at the California Institute of
Technology, and a Masters in Human Psychology and Philosophy of Mind at
the University of Toronto.


John F. MacNeil
Director
Mr. MacNeil is currently Managing Director at ACI Projects, LLC, where he
consults and partners on cross-border business development in
technology and renewable energy industries. He has held senior positions
as Portfolio Manager & Senior Analyst at Schroder Investment
Management North America Inc., Equity Strategist at Salomon Smith
Barney Inc., and Investment Strategist at Paine Webber Inc.
Mr. MacNeil earned a BS degree in Computer Science and Engineering
from the University of Connecticut and an MBA from the Columbia
School of Business.


Daniel F. Sweet
Director
Daniel Sweet has more than a decade of experience as Chief Compliance
Officer and Series 24 Principal responsible for overseeing trading ADR’s
and currencies for major Wall Street firms. During that period, he has held
positions as Managing Director & Principal – Head Equity Trader at BGC
Partners, and Series 24 Principal at both Direct Access Partners and Walter
J. Dowd. He currently serves as an Executive Consultant in the Finance
arena. Mr. Sweet earned a BS degree in finance from the California State
University.


Charles H. Woodworth
Director
Charles Woodworth has spent his entire 45 year career in the Financial
Services sector, as builder of successful enterprises over a broad spectrum
of the industry. Beginning in 1972, Charles built successful businesses for
major firms including a Life TPA (The Fulenwider Organization, Denver,
CO), two national scale branch offices (Smith Barney and Harris Upham,
New York), a general securities subsidiary (Lincoln Trust Securities, Lincoln
Trust Co., Denver, CO), CEO of Trust Company of America, Boulder, CO, two
top producing specialty sales teams (Kidder Peabody & Co. and
Montgomery Securities, and as an investor in and key advisor to two
private equity / merchant banking boutiques, SCG Madison Company, LLC.
and WhitePaper Capital Partners, LLC.
Charles is a graduate of Dartmouth College and attended The National
Law Center at George Washington University and The University of
Colorado Business School.

 
I am in and holding and good luck to all of you because I don`t see a lot of coins coming available to buy in on. People will be holding unless they see some quick bucks from trading and due to the nature of this launch you will have to entice them a bit more than is usual with your Bitcoin if you want in..

I respect you, man. At least you have some questions about this company unlike the other blind shills on here. Good luck.

What your saying is definitely possible and if this is a complete scam that's what they'll do.  But if this works they have more incentive to make it work.  They project 9 billion in profits after they buy back all the tokens n 15 years.  And to make this a real possibility is for the price to hit $1.  If they have the position to make it a dollar, wouldn't they?  If it's traded for a dollar and the consumers know that it's backed by a dollar of gold .  the unforseen is do the mining rigs actually have the capability to make the payments for the gold?  Will the crypto market continue to rise?  Advancement in technology thats allows more efficient mining can make the rigs obsolete.  will they constantly tweek their rigs?  how conservatively did they do their math?  Looking forward to getting the answers to these questions!

Wow. You do realize that it was Wall Street and the big banks that caused the whole financial mess in 2008 right? THAT'S THE WHOLE REASON BITCOIN WAS CREATED! Now, you're saying the members of the Unity Ingot board are Wall Street guys? LOL! Good luck with that, pal. I'm sure they can be trusted. By the way, how would you even know who the board members are? It's nowhere on their website or in their whitepaper? Of course, you're NOT going to provide a link with this information because it doesn't exist. Let me guess... you're going to list random names again, right? LOL. You UNY shills crack me up with your lies and lack of proof. At least I back my claims up with links and tangible proof. What do you have? A website with barely any info and a whitepaper with incorrect dates and no developer OR board member names. HAHAHAHA! That's rich. 

Yes. The problem is, you don't even know if they even have the mining rigs set up or even plan to set them up, or if they even have physical gold backing the tokens yet. They can just say that to get a bunch of people hyped about this coin who start buying like crazy, which drives the price up and then the guy that holds over 9 billion UNY tokens, or 3 billion DIG tokens after the exchange takes place sells his tokens and makes a killing which drives the price back down to who knows how low, zero? That's the danger of having a whale hold 94% of all the tokens. If there is a greater disbursement among different investors, it's much harder to manipulate the price because all of those people would have to suddenly dump their tokens onto the exchange to drive the price back down. But, with one person holding 94% of all the tokens, he's the only one that has to dump his tokens in order to make out like a bandit which drives the price back down. Then, he can wait a little bit and do it all over again. Go look at the chart for e-coin and you'll see exactly what I'm talking about. Again, I'm not saying this will happen with UNY or DIG, I'm just saying, with one guy controlling 94% of all the tokens, it could happen.

Just go to this link and look at the first wallet: https://etherscan.io/token/0x1a986F1659e11E2AE7CC6543F307bAE5cDe1C761#balances

That person holds 94% of all UNY tokens which is 9,490,297,144.08 UNY tokens. Anyone with that large a share of a token can easily manipulate the price, especially after the supply is reduced from 10 billion to to 3 billion. I'm not saying they will, I'm just saying they can. It's called a whale. Notice that the second wallet holds 4% of all UNY tokens and then everyone else holds less than 1%. This is exactly what the developer of E-Coin did over the last week. He holds 98% of all e-coins so he just sold and bought his own coins a ton of times on the markets which drove the price from $6.23 to $215 in a matter of hours. People started buying up e-coins after the price was already up exponentially and then the dev sold all his e-coins back to himself and the price plummeted and he made a killing while most of the other buyers got creamed. That's how a pump and dump works with some of these coins.

LOVE IT , see its actually a good idea and you know what mark twane says a gold mine is crypto guy ? A BIG HOLE IN THE GROUND WITH A LIAR AT THE BOTOM lol
Although these days you don't even need to hang out down there, you can just make deals with crupto kids online to monetize your hole ...... & dont go trying to monetize your hole now , that was a joke

202mill is like 7% of 3 billion .... there are to be 3 billion max and 202 is the circulating supply as of now ... if that is what crypto guy is talking about i just realised how thick he actually is ... I said that was either the coins to be burnt or the NON CIRCULATING coins , OBVIOUSLY

The
From my understanding of the november version of the whitepaper.  There is a 15 yr mortgage for gold that is not dug yet where price has been negotiated today or recently.  The weekly payments for the gold will be payed by the proceeds from the mining rigs.  So they calculated potential profit from the mining rigs and the gold mining companies accepted this proof of potential income.  

Edit*
They reported they initiated mining operations in Mid January.  There is definitely risk in investing in this token but also tremendous upside if they actually can make this work. Theoretically,  if the overall crypto market crashes devaluing all the coins to $0 dignity still will be backed by a dollar of gold.  Imagine if these advanced mining rigs exceed expected potential returns?  Overall the crypto market is still down from the correction.  What if they allow tours of the mining facilities? 

If you're talking about 3 billion minus 202 million and what's left over is the non circulating coin supply , is that right ? And the other 7 billion have already been burnt ? What's the number ? How many coins in this wallet.. if there is a wallet with 94% of the circulating 202mill that is a different story . This shouldn't be hard to figure out

If they can bring it to 1$ add stability to it by offering to exchange it for gold and make 3to 10% on the process of exchanging it for gold " it has to cost something,  ever bought a silver dollar?"  And slowly get the other coins circulating while building up bullion reserves that they can  access as the price of gold climbs , maybe ... the metals exchange I think is the key to this working , there has to be a fee involved because that's how metals work , as long as they can stay within 1-2% of kitco apmex and the like anyone in crypto would surely consider using this token to make their buys .

Yea I'm not sure about the 94% . On coinmarketcap there are 202 million in circulation.  I'm assuming the owners and founders have the rest because there was no ICO.  202m/3billion - owners have 93.3%?

You keep saying that , can you post a screed shot ? Is it 9.4 billion ? Or 94% of the circulating supply? 188million ? Because there seems to be more than 16 million trading on livecoin , there are 4 pairs on live coin and btc pair had like 20m for sale yesterday 16m now ltc has 500,000 eth has 2m usd has 500,000 and it's on another exchange and there are the 110 wallets noted ... so 94% of what how many are in that wallet ?

It's because there was no ICO.  The founders and owners have 94%.  Because they have the position to manipulate to a dollar, you think they will?

You're not looking in the wrong place. Notice how 1 single wallet holds 94% of all UNY tokens? Yeah. Price manipulation is easy!

Ummm you just " found this " ? ....... did he just say that ?


Look at VLTC no site no Twitter . but I watched it go from 6 sat to 100 and now its back at 5 .... crypto guy that is your coin man , it's right up your ally

Just noticed there is almost 5btc on the bid for vltc and it's at 4sat .... so many coins in the 100 to 1000sat range with only .2 btc on the bid .... crypto guy ?

Found some interesting information

dignityingot.com

namasteingot.com

honoringot.com

lifeingot.com

*edit

all registered within the last 3 weeks.  Look where it directs you!  dignityingot.com directs you to arbitrade.io  and the remainder directs you to cryptobontix.com


PLEASE UPDATE WHEN YOUR UNY SWAPS TO DIG

I think it's from people that withdrew from the exchange. I would do the same but the fee is just brutal (~2700 UNY)...