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Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 18. (Read 31522 times)

legendary
Activity: 2674
Merit: 1823
Rollbit.com | #1 Solana Casino
Soon 2021 will end and the GOLD TOKEN is still surviving today. A very extraordinary project.
but there is still something that has been bothering me all this time,
about invisible GOLD TOKEN marketing and even social media like Twitter is not available or even telegram where there is no discussion for GOLD TOKEN users.

I who know GOLD TOKEN from the beginning of its appearance want to be closer and know about the development of GOLD TOKEN until now.
Is there no intention for the dev to be more transparent about GOLD's development or does GOLD need a few more teams to handle their social media.

Best wishes for GOLD TOKEN.
copper member
Activity: 676
Merit: 181
What are your plans for 2021?

Dear xtradersoftwares,

They 2021 already going to its end. There are many plans ahead.

Regards,
Support Team @ Digital Gold
https://gold.storage
newbie
Activity: 11
Merit: 0
What are your plans for 2021?
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
Now we are waiting for Ethereum 2.0 update when all fees will go down...

We all do, let's hope that it will be fast enough because high fees are truly a problem.

We have suggested and asked many times for more altcoins in the Marketplace, but still until ETH will be so expensive we have no other way as to wait.

Unfortunately there are no estimates at all for ETH 2.0, so it will be for sure not so fast, from other way it encourages me to hodl more GOLD, so we can find positives everywhere, peace GOLD hodlers.
copper member
Activity: 676
Merit: 181

Quote
Here we have to add that GOLD token is the best and most convenient way to invest in gold right now. We have talked about this many times but still always when i buy GOLD tokens wonder how easy it is and how complicated it could be when I had to deal with real gold instead of GOLD tokens, sometimes it would be even impossible for me to invest at all.
This is definitely a good token and a good asset to invest in.But there is only one problem - its blockchain and the high cost of commissions.You have to catch the moment to send a token.It would be very cool if the development team took a closer look at other blockchains.

Dear nimogsm,

Now we are waiting for Ethereum 2.0 update when all fees will go down.

Regards,
Support Team @ Digital Gold
https://gold.storage
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook

Quote
Here we have to add that GOLD token is the best and most convenient way to invest in gold right now. We have talked about this many times but still always when i buy GOLD tokens wonder how easy it is and how complicated it could be when I had to deal with real gold instead of GOLD tokens, sometimes it would be even impossible for me to invest at all.
This is definitely a good token and a good asset to invest in.But there is only one problem - its blockchain and the high cost of commissions.You have to catch the moment to send a token.It would be very cool if the development team took a closer look at other blockchains.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
...from Basel 3-4 onset, gold and silver will become tier one investments, and so much less subject to false "paper" assets manipulation.

To summarize this is great news for us GOLD token holders and of course for all gold investors.

Like I said I keep accumulating GOLD tokens from some time because indeed gold seems to be the real safe heaven and is good to diversify portfolio and for sure gold should be there, especially many crypto investors like to have something invested in gold too.

Here we have to add that GOLD token is the best and most convenient way to invest in gold right now. We have talked about this many times but still always when i buy GOLD tokens wonder how easy it is and how complicated it could be when I had to deal with real gold instead of GOLD tokens, sometimes it would be even impossible for me to invest at all.
hero member
Activity: 1923
Merit: 538
...one has to remember that Basel 3-4 is a rationale to avoid the fragility in banks revelated during the financial crisis before 2010.

To be honest I even didn't knew what Basel 3-4 is, but fast search on google tells me that:

"The Basel IV standards are changes to global bank capital requirements that were agreed in 2017 and are due for implementation in January 2023. They amend the international banking standards known as the Basel Accords. Regulators argue that these changes are simply completing the Basel III reforms, agreed in principle in 2010–11, although most of the Basel III reforms were agreed in detail at that time. The Basel Committee (BCBS) itself calls them simply "finalized reforms" and the UK Government has called them "Basel 3.1". Critics of the reform, in particular those from the banking industry, argue that Basel IV require a significant increase in capital and should be treated as a distinct round of reforms."
https://en.wikipedia.org/wiki/Basel_IV

this is for sure important but why you think it has impact on gold price?


because gold and silver markets have been constantly manipulated (down) for years and decades with futures (paper gold, paper silver)
see for example gata.org or harveyorganblog.com or silverdoctors.com and many others.

from Basel 3-4 onset, gold and silver will become tier one investments, and so much less subject to false "paper" assets manipulation.

EDIT:
https://www.zerohedge.com/news/2021-12-13/basel-iii-weeks-away-elephant-room
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
...one has to remember that Basel 3-4 is a rationale to avoid the fragility in banks revelated during the financial crisis before 2010.

To be honest I even didn't knew what Basel 3-4 is, but fast search on google tells me that:

"The Basel IV standards are changes to global bank capital requirements that were agreed in 2017 and are due for implementation in January 2023. They amend the international banking standards known as the Basel Accords. Regulators argue that these changes are simply completing the Basel III reforms, agreed in principle in 2010–11, although most of the Basel III reforms were agreed in detail at that time. The Basel Committee (BCBS) itself calls them simply "finalized reforms" and the UK Government has called them "Basel 3.1". Critics of the reform, in particular those from the banking industry, argue that Basel IV require a significant increase in capital and should be treated as a distinct round of reforms."
https://en.wikipedia.org/wiki/Basel_IV

this is for sure important but why you think it has impact on gold price?
hero member
Activity: 1923
Merit: 538
...Probably gold is the only commodity that hasn't grown in the last year. Everything grew: oil, timber, metals, etc. But gold, which is traditionally a hedge against inflation, barely rose.

Why? We have only one explanation. If everyone in the market is waiting for the same event, it usually doesn't happen. This is exactly what happened with the yellow metal...

I fully agree with you that this year was full of surprises when it comes to gold price.

many people think that we will see some changes this year and if not then 2022 will be the year of gold.

so I keep accumulating my GOLD tokens, this is so easy to do, can't imagine to do it with real gold.

I even thought about it, to diversify my portfolio and secure myself from bad times but this is not possible to buy bigger amounts of gold without verification.

seems to me that Basel 3-4 begins in UK in less than one month, but not before 2023 in europe, i dont know when in US..
adoption is very slow, there are occurrences underneath.
one has to remember that Basel 3-4 is a rationale to avoid the fragility in banks revelated during the financial crisis before 2010.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
...Probably gold is the only commodity that hasn't grown in the last year. Everything grew: oil, timber, metals, etc. But gold, which is traditionally a hedge against inflation, barely rose.

Why? We have only one explanation. If everyone in the market is waiting for the same event, it usually doesn't happen. This is exactly what happened with the yellow metal...

I fully agree with you that this year was full of surprises when it comes to gold price.

many people think that we will see some changes this year and if not then 2022 will be the year of gold.

so I keep accumulating my GOLD tokens, this is so easy to do, can't imagine to do it with real gold.

I even thought about it, to diversify my portfolio and secure myself from bad times but this is not possible to buy bigger amounts of gold without verification.
hero member
Activity: 2366
Merit: 838
In the current situation, gold is still a powerful safe-haven asset. News about the new coronavirus strain force investors to shift from risky assets to gold and the US dollar. In the future, any fears about economic problems, the discovery of new virus strains will force money to flow into gold and other safe-haven assets. It is also worth considering the growth of inflation, which accelerates the prices of goods.
Probably gold is the only commodity that hasn't grown in the last year. Everything grew: oil, timber, metals, etc. But gold, which is traditionally a hedge against inflation, barely rose.
Let me share a good article about inflation that affects purchasing power of the US dollar

The purchasing power of the US dollar over time. In the latest dip of Bitcoin, we saw some fud on social media that Bitcoin is risk and reason for fiat currency system.

Governments printed 40% supply of fiat currencies since the pandemic and they blamed the hyper inflation they created on Bitcoin. It is not true. If you have mind, you can say it from your own opinion and it is correct.
copper member
Activity: 676
Merit: 181
Thanks for adding this (pretty sure it's wasn't there before)

Again Digital Gold team listened to community, I like that approach and do this same in my business, always listen to clients and employees to find the best solution to every problem, honest feedback is sometimes priceless.

I keep accumulating my GOLD tokens, hope to see gold price hitting another ATH i next few months, fingers crossed.

I wonder what are your predictions GOLD token community? we haven't talked about the gold price for a while here, let's bring this topic back please.

In the current situation, gold is still a powerful safe-haven asset. News about the new coronavirus strain force investors to shift from risky assets to gold and the US dollar. In the future, any fears about economic problems, the discovery of new virus strains will force money to flow into gold and other safe-haven assets. It is also worth considering the growth of inflation, which accelerates the prices of goods.
Probably gold is the only commodity that hasn't grown in the last year. Everything grew: oil, timber, metals, etc. But gold, which is traditionally a hedge against inflation, barely rose.

Why? We have only one explanation. If everyone in the market is waiting for the same event, it usually doesn't happen. This is exactly what happened with the yellow metal.

But now, the main part of traders does not expect a bull run in gold. Perhaps it can be the time the price will make a strong move removing the bears from the market.
hero member
Activity: 2366
Merit: 838
Again Digital Gold team listened to community, I like that approach and do this same in my business, always listen to clients and employees to find the best solution to every problem, honest feedback is sometimes priceless.

I keep accumulating my GOLD tokens, hope to see gold price hitting another ATH i next few months, fingers crossed.

I wonder what are your predictions GOLD token community? we haven't talked about the gold price for a while here, let's bring this topic back please.
Gold is most favorite asset when people need to find heaven for their money. Digital gold is more convenient than physical gold so sure investors will use it more in near future. The challenge is how do people in the crowd are aware of Digital gold. If they don't know about this token and don't know that these digital gold tokens are backed by safely physical gold bars stored in vaults of Bullion Stars, they might feel unsafe to invest in the token. I think marketing is key to bring digital gold to more investors.

Gold price, bullish sure because from what we see with hyper inflation globally. Price of gold must increase and it's matter of time when it will begin a new parabolic growth.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
Thanks for adding this (pretty sure it's wasn't there before)

Again Digital Gold team listened to community, I like that approach and do this same in my business, always listen to clients and employees to find the best solution to every problem, honest feedback is sometimes priceless.

I keep accumulating my GOLD tokens, hope to see gold price hitting another ATH i next few months, fingers crossed.

I wonder what are your predictions GOLD token community? we haven't talked about the gold price for a while here, let's bring this topic back please.
hero member
Activity: 2520
Merit: 952
Thanks for adding this (pretty sure it's wasn't there before)

hero member
Activity: 1764
Merit: 722
Leading Crypto Sports Betting & Casino Platform
I mean what if gold token is deducted from wallet but timer has expired on marketplace?

This happened to me 2 months ago, the timer shows you the time you have to exchange for this fixed price which means during this you have time to exchange for the price you can see on the market, but if the timer expires and your assets didn't still receive by the marketplace, the price and the rate of the exchange will be changed and updated and you will do you exchange with new rates. So, there is no problem if your transaction takes more time to get confirmed you will still receive you assets but with a new change rate.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
Hi, when transacting on marketplace, suppose if your transaction gets stuck due to low gas or smth and doesn't get confirmed within time-limit, then what happens?
I had some transactions like that many months ago. I remembered that something like those transactions were expired and when I woke up, I have to submit another transaction on gold marketplace.

It can be something similar to expired. Gold team can provide the correct term here for you. From my experience, you don't lose your Gold token, and what you have to do is submit another swap transaction in the marketplace.
I mean what if gold token is deducted from wallet but timer has expired on marketplace?

I also made many transactions and sometimes when I wanted to save on gas and used smaller fee I needed to wait longer and have seen transactions accepted and also being cancelled.

You just need to wait patiently, if not write to Digital Gold support, they answer blazing fast, also tested already and are very helpful.

For sure if you used correct addresses there is nothing to worry about.
hero member
Activity: 2520
Merit: 952
Hi, when transacting on marketplace, suppose if your transaction gets stuck due to low gas or smth and doesn't get confirmed within time-limit, then what happens?
I had some transactions like that many months ago. I remembered that something like those transactions were expired and when I woke up, I have to submit another transaction on gold marketplace.

It can be something similar to expired. Gold team can provide the correct term here for you. From my experience, you don't lose your Gold token, and what you have to do is submit another swap transaction in the marketplace.

I mean what if gold token is deducted from wallet but timer has expired on marketplace?
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