[ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 15.

tbct_mt2

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Quote from: libert19 on March 13, 2022, 06:10:38 AM

Bear market made gold transfers feasible again Roll Eyes

Thanks God and bear market. After a few months, I can convert my $GOLD into BTC and fortunately in low price of BTC. After the conversion, I can hold my BTC for a few months to get profit.

It's painful because when the market is positive and bullish again, Ethereum network will have more expensive transaction fee again.

By the way, let's enjoy the strong growth of gold price. Again, patience gives us profit because gold has many months stucked but then it finally broke out and grown up.

libert19

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Bear market made gold transfers feasible again Roll Eyes

tbct_mt2

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Quote from: libert19 on March 09, 2022, 11:10:10 PM

Telegram groups mostly attract spam, you can always discuss here, on website there is also live chat but don't know at what hours it tends to be active.

Telegram is paradise for spam and scam. Gold has its announcement channel that is enough. In my opinion, Discord is better because with that platform, people can still text like in Telegram but Gold team can manage it more efficiently. They can create different sub-channel for different purposes: announcement, updates, locals, general chat, etc.

libert19

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Quote from: keonhacaiwiki on March 07, 2022, 05:45:27 AM

I think the project should have Telegram Chat to attract a larger community because currently I only see channel and no place to discuss this project. The project is clearly under development, but if people can access it more easily, the team can advise them before investing in gold. I encourage your team to do this in the near future because a lot of people in this market want to invest in gold and if they get the best advice then surely a lot of investors will join.

Telegram groups mostly attract spam, you can always discuss here, on website there is also live chat but don't know at what hours it tends to be active.

keonhacaiwiki

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I think the project should have Telegram Chat to attract a larger community because currently I only see channel and no place to discuss this project. The project is clearly under development, but if people can access it more easily, the team can advise them before investing in gold. I encourage your team to do this in the near future because a lot of people in this market want to invest in gold and if they get the best advice then surely a lot of investors will join.

Home page : https://keonhacai.wiki/
Telegream : https://t.me/Keonhacai2022

wwzsocki

legendary

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First 100% Liquid Stablecoin Backed by Gold

Quote from: GOLD_official on March 03, 2022, 04:20:15 AM

... The GOLD token is 100% backed by physical metal in the vault...

We also can't forget that GOLD was one of the first if not the first token backed by real gold, started back in 2019 until today keeps working and we had the time to prove transparency and dedication of the Digital Gold team during that time.

This is very important to remember how great Digital Gold team handled the hack we experienced, such moments show and prove more then any words and promises. Nobody was harmed thanks to Digital Gold team and they managed to keep the project rolling.

For me such past experience is priceless and am fully confident keeping some of my assets in GOLD token.

GOLD_official

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Quote from: wwzsocki on March 02, 2022, 08:05:08 AM

Nobody commented on my gold price post but I will continue because now is great opportunity in my opinion to get in, to buy GOLD tokens if you have crypto and want to invest in real gold, get all benefits from the real gold price change, of course fully anonymously and with crypto.

GOLD tokens are easy to buy in the Digital Gold Marketplace https://gold.storage/en/market

War on Ukraine, SWIFT - closed, Switzerland - closed for all Russians, the only way to move assets are crypto, gold and this is why we see so much demand lately.

Investing in crypto is much easier as in gold this is why crypto started to shoot up first and here I see a lot of potential for such token as GOLD, there are for sure many that would invest in it right now if they know about it.

Maybe some more marketing right now team? this could be great idea and point to Russian countries.

PS
I run PR and publication service, we have a lot of experience, i can help you with advertising there, we work closely with Russian PR agencies, let me know if you need my help.

Dear wwzsocki,

It is important that not so many time has passed. Only few people understand what will happen next. In the near future we'll possibly see an exponential increase in physical gold. There may be a large spread between physical gold and paper ETFs that do not have any physical. The GOLD token is 100% backed by physical metal in the vault.

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

wwzsocki

legendary

Activity: 2744

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First 100% Liquid Stablecoin Backed by Gold

Nobody commented on my gold price post but I will continue because now is great opportunity in my opinion to get in, to buy GOLD tokens if you have crypto and want to invest in real gold, get all benefits from the real gold price change, of course fully anonymously and with crypto.

GOLD tokens are easy to buy in the Digital Gold Marketplace https://gold.storage/en/market

War on Ukraine, SWIFT - closed, Switzerland - closed for all Russians, the only way to move assets are crypto, gold and this is why we see so much demand lately.

Investing in crypto is much easier as in gold this is why crypto started to shoot up first and here I see a lot of potential for such token as GOLD, there are for sure many that would invest in it right now if they know about it.

Maybe some more marketing right now Digital Gold team? this could be great idea and point to Russian countries.

PS
I run PR and publication service, we have a lot of experience, i can help you with advertising there, we work closely with Russian PR agencies, let me know if you need my help.

wwzsocki

legendary

Activity: 2744

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First 100% Liquid Stablecoin Backed by Gold

Nobody talks about gold price here? Have you seen what is happening lately?

We have bad situation in Ukraine and gold soon will make new ATH in my opinion, last resistance and "sky is the limit".

GOLD tokens should see a lot of demand and I am sure they do because this is the simplest and most efficient way to invest using crypto and benefit from gold price changes.

tbct_mt2

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Quote from: cheezcarls on February 21, 2022, 09:14:49 PM

Yes there is also a downside of Polygon as well when dealing with other coins and tokens to either buy or sell. You also mention about Binance Smart Chain, but they too have downside which is similar to Polygon that is network congestion.

It works like this, always in crypto. When a new chain with new technology launches, it has lot of promise, and works fine. Time goes, network becomes bigger and hits its limit. Then congestion comes and the growth is down. Ethereum, Binance Smart Chain, Polygon, Solana. Soon we will have chance to witness it again with Avalanche.

Quote

But I know that the Digital Gold team is not closing their doors in moving to another blockchain. As ETH 2.0 seems not likely anymore but rebranding to consensus layer, I just don’t know though if the team keep their faith in Ethereum. Coz’ only those traders using the ETH blockchain who can afford to pay such fees are big timers. Not just one time, but either a few or more times.

Ethereum is a safest altcoin network and I think it is a second safest network in crypto, just behind Bitcoin network. I understand why the GOLD team want to stay with Ethereum. However, on the other side, transaction fee on this network is painful for users. It does not hurt big users but for small users, it is painful actually.

I do not complain about it but it is fact about Ethereum and ERC-20 chain.

cheezcarls

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Quote from: Anonylz on February 20, 2022, 09:42:19 AM

Quote from: ice18 on January 22, 2022, 02:42:06 AM

Quote from: libert19 on January 13, 2022, 01:00:02 AM

I think gold token desperately needs to be on cheaper chains, ethereum fees are horrendous. One can always move back to ethereum if they want through cheaper chain without suffering from fees but opposite is not possible without paying $50-$100.

Most likely on polygon network since its a layer2 solution and compatible in eth, but maybe they are concerned in security issues when shifting in another chain, Polygon network have a recent incident about hacking almost 800k matic last year. (https://thecryptobasic.com/2021/12/30/polygon-admits-the-network-was-hacked-hacker-swiped-801601-matic-tokens/).

And a little congestion just mess the network up, lately, polygon has been very difficult to transact with, getting confirmation in your transaction will stay pending, speeding up the transaction doesn't help things in most cases,
If they are supporting another chain is a good idea, but most of them also have issues, eth is facing constant high fees, bsc much better, polygon really needs to get it together.

Yes there is also a downside of Polygon as well when dealing with other coins and tokens to either buy or sell. You also mention about Binance Smart Chain, but they too have downside which is similar to Polygon that is network congestion.

But I know that the Digital Gold team is not closing their doors in moving to another blockchain. As ETH 2.0 seems not likely anymore but rebranding to consensus layer, I just don’t know though if the team keep their faith in Ethereum. Coz’ only those traders using the ETH blockchain who can afford to pay such fees are big timers. Not just one time, but either a few or more times.

Anonylz

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Quote from: ice18 on January 22, 2022, 02:42:06 AM

Quote from: libert19 on January 13, 2022, 01:00:02 AM

I think gold token desperately needs to be on cheaper chains, ethereum fees are horrendous. One can always move back to ethereum if they want through cheaper chain without suffering from fees but opposite is not possible without paying $50-$100.

Most likely on polygon network since its a layer2 solution and compatible in eth, but maybe they are concerned in security issues when shifting in another chain, Polygon network have a recent incident about hacking almost 800k matic last year. (https://thecryptobasic.com/2021/12/30/polygon-admits-the-network-was-hacked-hacker-swiped-801601-matic-tokens/).

And a little congestion just mess the network up, lately, polygon has been very difficult to transact with, getting confirmation in your transaction will stay pending, speeding up the transaction doesn't help things in most cases,
If they are supporting another chain is a good idea, but most of them also have issues, eth is facing constant high fees, bsc much better, polygon really needs to get it together.

GOLD_official

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Quote from: wwzsocki on February 12, 2022, 04:20:48 PM

Quote from: cheezcarls on February 11, 2022, 04:16:16 AM

...ethereum fees are horrendous...

I understand your point and you are totally right that smaller players and all other GOLD token users loose a lot on fees and another pair in Marketplace would be great, especially with crypto from chains like BSC, Solana, Tron or any other that is cheap, fast and have a lot of adoption already.

ETH 2.0 should happen finally, we all counted that it will be much faster from what ETH team said, development progress of ETH and their strategic standpoint (concurrence isn't sleeping) but as always they encountered problems and everything can take a lot longer, to be honest, I don't think that today even Vitalik is able to say when it will be ready.

I hope that Digital Gold team will hear our repeating voices and do something that will make us GOLD token users happy and won't bring problems to further roadmap or development. I understand that there can be and are very important reasons to not implement new pair or to wait for ETH 2.0. I fully trust the team and am sure that they do all what's best for the Digital Gold project, they have proven this already many times and now will be the same.

Dear wwzsocki,

We will make our users happy.

The team looking for new ways to solve fee problem. Your suggestion about new pairs has been sent to the team.

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

wwzsocki

legendary

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First 100% Liquid Stablecoin Backed by Gold

Quote from: cheezcarls on February 11, 2022, 04:16:16 AM

...ethereum fees are horrendous...

I understand your point and you are totally right that smaller players and all other GOLD token users loose a lot on fees and another pair in Marketplace would be great, especially with crypto from chains like BSC, Solana, Tron or any other that is cheap, fast and have a lot of adoption already.

ETH 2.0 should happen finally, we all counted that it will be much faster from what ETH team said, development progress of ETH and their strategic standpoint (concurrence isn't sleeping) but as always they encountered problems and everything can take a lot longer, to be honest, I don't think that today even Vitalik is able to say when it will be ready.

I hope that Digital Gold team will hear our repeating voices and do something that will make us GOLD token users happy and won't bring problems to further roadmap or development. I understand that there can be and are very important reasons to not implement new pair or to wait for ETH 2.0. I fully trust the team and am sure that they do all what's best for the Digital Gold project, they have proven this already many times and now will be the same.

cheezcarls

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Quote from: libert19 on January 13, 2022, 01:00:02 AM

I think gold token desperately needs to be on cheaper chains, ethereum fees are horrendous. One can always move back to ethereum if they want through cheaper chain without suffering from fees but opposite is not possible without paying $50-$100.

I highly agree on this one despite that Ethereum is a true decentralized network. I guess if we are holding not much GOLD tokens, it isn't a good idea doing buying and selling them in their own exchanger because of the exorbitant and uncontrollable high gas fees. MATIC mainnet is much cheaper and reliable in my opinion for the GOLD token.

And of course, our hopes for ETH 2.0 is no more as it'll be rebranded to consensus layer. So until further notice, we've got nothing much to do with these gas fees, especially that GOLD is still an ERC20 token.

wwzsocki

legendary

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First 100% Liquid Stablecoin Backed by Gold

Today GOLD price made massive move and spiked almost 5% which is a lot taking into consideration price action in last months.

Last 10 days GOLD price is moving constantly up and finally looks like there is enough power to break the resistance and moon.

Gold token is just ideal if you want to invest and get all benefits from this move in GOLD price, in my opinion 2022 will be the year when GOLD will break 2000$ price point per ounce.

I personally keep accumulating Gold tokens because this is the easiest way to invest in digital gold fully anonymous.

GOLD_official

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Quote from: utkuy on February 01, 2022, 02:11:41 PM

Hi,
Have you ever thought about selling gold bullion as NFT?
It can be in other metals such as Silver and Platinum.
Thus, you can reach new buyers in new markets.

Dear utkuy,

Right now we are not planning to sell Digital Gold NFT.

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

utkuy

sr. member

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Helena Helena!

Hi,
Have you ever thought about selling gold bullion as NFT?
It can be in other metals such as Silver and Platinum.
Thus, you can reach new buyers in new markets.

libert19

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Quote from: ice18 on January 22, 2022, 02:42:06 AM

Quote from: libert19 on January 13, 2022, 01:00:02 AM

I think gold token desperately needs to be on cheaper chains, ethereum fees are horrendous. One can always move back to ethereum if they want through cheaper chain without suffering from fees but opposite is not possible without paying $50-$100.

Most likely on polygon network since its a layer2 solution and compatible in eth, but maybe they are concerned in security issues when shifting in another chain, Polygon network have a recent incident about hacking almost 800k matic last year. (https://thecryptobasic.com/2021/12/30/polygon-admits-the-network-was-hacked-hacker-swiped-801601-matic-tokens/).

That's indeed a trouble, hopefully some rollup will provide security of ethereum but with cheaper transaction cost.

ice18

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Quote from: libert19 on January 13, 2022, 01:00:02 AM

I think gold token desperately needs to be on cheaper chains, ethereum fees are horrendous. One can always move back to ethereum if they want through cheaper chain without suffering from fees but opposite is not possible without paying $50-$100.

Most likely on polygon network since its a layer2 solution and compatible in eth, but maybe they are concerned in security issues when shifting in another chain, Polygon network have a recent incident about hacking almost 800k matic last year. (https://thecryptobasic.com/2021/12/30/polygon-admits-the-network-was-hacked-hacker-swiped-801601-matic-tokens/).

Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 15. (Read 30658 times)