Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 15. (Read 31586 times)

Everything is right. The hot wallet will be replenished

I think it is for security and safety of GOLD token. It is similar to what exchanges or gambling sites do. They don't store all of their cryptocurrency in one or a few hot wallets. When hot wallet for purchasing or withdrawal of customers/ investors are empty, they will top it up shortly.

The max amount for purchasing with each transaction plays a similar role, I think so.

Why is there only a small amount of gold available for purchase from this address?

https://etherscan.io/token/0x851e13b3cdcaec6fb3ae446dad82e112abaa827c?a=0xee1583b450156a80071021dbafe2b9b548dfbc6c

That is just 1.3% of the total supply?



Are there specific reasons for this? Thank you for the explanation.

it is not a problem as long as you are sure of recuperating your equivalent price of gold at the end, or in case of need..
otherwise it is a real problem.
also lack of privacy is a problem, in that some countries want to tax even unrealized profits, that can vanish completely some time later.

investing risks must be rewarded in some way or another one.

if you need to buy real gold and get it shipped this is not the right place to look but...

I also thought at start that this is big problem that I am not able to get/redeem real gold from vault but after such long time of using I wasn't needed physical gold even one time, so this is totally no problem, if you want to get the benefits of investing in tokenized gold with no privacy issues.

There are services that sell bullion gold and we can use them at any moment, they are expensive and the amounts they send are tiny. This is not easy to do and expensive to buy gold online and get it send to your postal address, this is why GOLD token is such great way to invest.

Dear esternity,

Right now, it is not possible to get physical gold from the vault because it will cost a lot of different taxes and fees. That's why we do not provide such option.

Regards,
Support Team @ Digital Gold
https://gold.storage

a pity..

Nope

is it possible to get physical from bullionstar vault, in exchange of tokens?

yes, the advantages of the DIGITAL GOLD Marketplace are also without having to use KYC and this is very easy for anyone to use without worrying about their data. They can invest in GOLD with DIGITAL GOLD anonymously which is backed by Real Gold.


And at the beginning of its appearance, DIGITAL GOLD was said to be a Scam Project by senior members of this forum, but everything was a big mistake and the DIGITAL GOLD project is still surviving and paying until now.

Fully agree with you, great answer.

Of course it would be better to have Gold Token also on exchanges from many reasons.

To be honest I never used any, always exchanged or bough GOLD tokens on Digital Gold Marketplace website because it works so flawlessly and there is no KYC or any other form of verification!

https://gold.storage/en/market

GOLD token is fully anonymous digital gold investing opportunity and after 2 years and the hack Digital Gold team proven that they can b trusted and our tokens are safe and secure in the Bullion Vault storage.

Even without being registered on other exchanges, GOLD TOKEN can still be sold by making transactions on Marketplace (Internal Exchange) and this is faster and cheaper than having to send it to other exchanges.

Previously, GOLD TOKEN was listed on Coinmarkectcap and 5 Exchanges including Bitforex, Coinsbit, Catex, Cryptex, Livecoin and even trading volume on Bitforex Reached $5 million.

and please note that if the token trading volume on the exchange continues to decrease and until there is no volume at all, then the token will disappear automatically on Coinmarketcap or Coingecko.



However, due to an attack incident on the Smart Contract GOLD TOKEN developed by Ambisafe, the old smart contract was abandoned and a new Smart Contract was created and this also affected the tokens listed on several exchanges.

Before the Smart Contract attack occurred, Exchanges such as Livecoin, Catex, Cryptex were not used because there was no liquidity and Livecoin was also indicated to be hacked. The only exchange operating at that time was Bitforex and in the end there was no exchange at all because of the smart contract attack.

However, without external exchange, the GOLD TOKEN is still can be sold and transactions are made better and faster and cheaper with the Internal Exchange (Marketplace).

For the GOLD TOKEN update which is still active only in this thread and some articles about gold are also active on steemit.
https://steemit.com/@digitalgoldcoin

We can only support GOLD TOKEN to keep it successful and have several supporting projects in the future that will make GOLD TOKEN even more successful. this is a really serious project, i followed it for more than 2 years till now.

I think the team should update the exchanges that the GOLD token is currently listed. I see that Cryptex is the only one, but it turns out that they have delisted the GOLD token as I have double checked. I tried to search any pairing of GOLD there, but there’s none. So it looks like the only way for us to exchange GOLD is within the internal marketplace. And also, I suggest they should update themselves in CoinMarketCap too. Just a suggestion for the dev team. Thanks!

Of course they did, Digital Gold team supported everybody if there was such need,

mostly nothing changed for GOLD token holders, we just need to wait few weeks to use our tokens again.

So don't spread FUD here if you have no knowledge at all about this project.

Digital Gold team handled the hack very professional and gained even more trust from their investors because of that, end of story.

Hi bf5580,

What type of problems do you have?

Regards,
Support Team @ Digital Gold
https://gold.storage

Did you help those who had gold tokens after the hack? The last investment to be made should be gold tokens.

Of course not, I think you haven't understand me correctly. That was for sure not something I suggested.

For shit meme tokens, you can check with Multichain.org. I don't recommend people to leave Gold and choose shit meme tokens.

Just probably. I guess it is one of reasons because concern on security makes sense. In addition, transaction fee can have its role to keep people staying longer with their position. Personally I hold Gold tokens long enough because it does not make sense for me to swap it on marketplace monthly. I hold it for months to save transaction fee and also it gives me more profit because of gold growth latest months.

Especially experienced GOLD token users are wondering this same because we all see how easily meme coins and other shit tokens switch chains and becomes multichain solution very easily, so no wonder we all are surprised it takes so long.

But you can be right that this can be security reasons, we also can't forget that we have new contract implemented not so long ago, so maybe team want to test it out bit more before they decide to change or add something after the hack, we need time to check how bulletproof new contract is.

It's probably because of security concerns. We know Bitcoin has the strongest, healthiest, most secured network among thousands of cryptocurrency networks.

Ethereum is the second one, only behind Bitcoin. Other blockchain networks can not come closely to either Ethereum or Bitcoin. More details from https://howmanyconfs.com/

I know I can not say anything on behalf of Gold team and I even don't actually know real reasons of the team. Like you, I supported Gold team and their project since years ago and fully believe in them.