The Ethereum London upgrade is not the solution to the gas problem, and the EIP-1559 is useless it makes Ethereum fees more worst because it will not go down due to the base fee+priority system Imagine the old transaction fees was just calculated based on bid and the fees will eventually rise if the Blocks are full and busy, But today even the blocks are not full or even half empty still the gas fees was the same. My $70 worth of Gold tokens will not enough to cover the gas fees.
If there's is no solution to this fee problem It will be good to use other Networks like BSC, Tron, Polygon, etc. that suitable for the Gold token requirements.
Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 21. (Read 31522 times)
I think that BSC is the chain to look at because GOLD is ERC-20 token, so it should be very easy to do.
And it will be enough to lower the fees and give us the chance to safe on fees when ETH goes crazy.
fingers crossed, hope team can hear us and will add more cryptocurrencies to exchange GOLD token with.
Team said that they will wait for effects to lower transaction fee from ETH upgrade. So far, that upgrade does not work as expected to control cheap transaction fee on ETH network.And it will be enough to lower the fees and give us the chance to safe on fees when ETH goes crazy.
fingers crossed, hope team can hear us and will add more cryptocurrencies to exchange GOLD token with.
Again, I agree that BSC is a good chain to consider. More important, that chain will not only bring the cheaper transaction fees for users but also will open the gates to DeFi and help to increase total trading volume of GOLD token.
If the GOLD marketplace can be connected with big DeFi platforms, that will be a good thing for this community. I am aware of price will be decided by physical gold price.
From this idea, I think the team can consider to create a token for this company. GOLD token is for physical gold bars that are stored in Bullion Starts Vaults.
The token for the GOLD company can have better volatility than GOLD token and generally the company will get more beneficiary from company token.
...Hope they accept...
I think that BSC is the chain to look at because GOLD is ERC-20 token, so it should be very easy to do.
And it will be enough to lower the fees and give us the chance to safe on fees when ETH goes crazy.
fingers crossed, hope team can hear us and will add more cryptocurrencies to exchange GOLD token with.
Hey dear GOLD_official
I can see the eth fees are increasing again. Maybe it's better to consider another network such as trc20 or bsc. Last time I had to pay more than 70 usd for a simple eth transaction.
I can see the eth fees are increasing again. Maybe it's better to consider another network such as trc20 or bsc. Last time I had to pay more than 70 usd for a simple eth transaction.
Dear Leviathan.007,
Will forward that proposition to the Digital Gold team.
Regards,
Support Team @ Digital Gold
https://gold.storage
Thank you for your super fast answer
Hope they accept
-------------------------------------------------------
After months of bullish gold movements, the new gold investors finally got a chance to buy gold at reasonable prices and hold for the long term. Hope everyone uses this opportunity.
Hey dear GOLD_official
I can see the eth fees are increasing again. Maybe it's better to consider another network such as trc20 or bsc. Last time I had to pay more than 70 usd for a simple eth transaction.
I can see the eth fees are increasing again. Maybe it's better to consider another network such as trc20 or bsc. Last time I had to pay more than 70 usd for a simple eth transaction.
Dear Leviathan.007,
Will forward that proposition to the Digital Gold team.
Regards,
Support Team @ Digital Gold
https://gold.storage
Hey dear GOLD_official
I can see the eth fees are increasing again. Maybe it's better to consider another network such as trc20 or bsc. Last time I had to pay more than 70 usd for a simple eth transaction.
I can see the eth fees are increasing again. Maybe it's better to consider another network such as trc20 or bsc. Last time I had to pay more than 70 usd for a simple eth transaction.
...how many gold holdings do they have now in possession?
BullionStar is the place where Digital Gold team stores securely real gold reserves.
You can check at any time how much real gold Digital Gold team have stored in BullionStar vault.
"Live audit report from BullionStar vault storage - https://www.bullionstar.com/myaccount/audit - BuillonStar Account number: 17081"
this info is also available on: https://gold.storage/en/home
'The Bitcoin price recently crashed, while the gold price has been steadily growing...' [From telegram] - it's still at 45k, 4x return in a year. Bette headlines please.
Yes, seems not a right headline considering that we are now up to more than 45k, wherein, a week ago we were only at 38k. Right now, I haven't invested yet in this stablecoin backed by gold. But lately, I've been buying from jewelry gold auctions as it seems good opportunity to store physical gold. In times of crisis, you can easily pawn or sell the jewelry when you badly need money. But great to see that this project is still standing its ground. By the way, how many gold holdings do they have now in possession?
'The Bitcoin price recently crashed, while the gold price has been steadily growing...' [From telegram] - it's still at 45k, 4x return in a year. Bette headlines please.
...I presume most people here believe in economics as a natural dynamic not politically dictated so gold is quite reasonable hedge based
Great analysis, happy to see that is merited already.
I also thought to add some gold to my portfolio and faced all the problems GOLD token solves.
Of course a lot of efforts with buy, where to buy, the price, storage and everything else.
GOLD token is truly the easiest way to invest and appreciate the price changes of real gold.
GOLD token was a sleeping giant, now with new contract and all changes in last months, I think he is finally awake and ready to jump into 100CMC where is his place.
Gold relative to top 500 stocks is the cheapest its been since 2005, its probably fair to say its a unpopular asset that can certainly be appreciated far more in future especially in terms of stability vs volatility likely considering all the debt there is in FIAT now. Its unfortunate in one way but the performance of gold and miners themselves is not bad, excessive inflation is apparent everywhere so theres profit in margins it just means valuation forward dated is very cheap which as a buyer I dont mind.
Gold definitely represents the contrarian view at the moment, whatever crypto is doing this is still peak FIAT peak debt, to an extent the world has never seen before. Like a high and low tide its reasonable to expect change to come and not be avoidable by anyone or any body such as the FED. I presume most people here believe in economics as a natural dynamic not politically dictated so gold is quite reasonable hedge based
Anyone here got problems with the spike of Gas price on Ethereum network days ago?
How do you mean? We all use same ethereum, if it gets congested, everyone will have to go through it.
Like this the result. Looks better and fits better with a brown t-shirt.
When I bought a t-shirt, I also didn't find brown and only green. But it's a great idea and it fits perfectly.
Perfectly design with brown T-shirt, IMO.When I bought a t-shirt, I also didn't find brown and only green. But it's a great idea and it fits perfectly.
Will forward that proposition to the team.
It's cool to see the team listen to the voice of community. Thank you.Anyone here got problems with the spike of Gas price on Ethereum network days ago?
Great idea
How much this T-shirt costs for you?
How much this T-shirt costs for you?
don't know how much it is for @Taufik123 but you can make such T-shirt online, there are services that allow you to make the design on their page and once you have to perfect t-shirt they will do it for you for literally less as 10$ with shipping.
Of course you will need to search for a service from your region, country, to avoid insane shipping costs.
https://www.spreadshirt.nl/
So if you wan to have one, you can always use the logo provided above and make it online.
It is a beautiful T-shirt and a good idea to advertise GOLD project. It's my opinion, based on the main color of Gold website, that is brown. Would you mind making another version of that T-shirt, with Brown is a background color, please?
I meant, on the computer and make a screenshot here. You don't have to print it on a real T-shirt?
Like this the result. Looks better and fits better with a brown t-shirt.I meant, on the computer and make a screenshot here. You don't have to print it on a real T-shirt?
When I bought a t-shirt, I also didn't find brown and only green. But it's a great idea and it fits perfectly.
Will forward that proposition to the team.
I hope the GOLD TOKEN Twitter account will also be updated soon.
I even made a custom t-shirt for DIGITAL GOLD.
It is a beautiful T-shirt and a good idea to advertise GOLD project. It's my opinion, based on the main color of Gold website, that is brown. Would you mind making another version of that T-shirt, with Brown is a background color, please?I meant, on the computer and make a screenshot here. You don't have to print it on a real T-shirt?
Any plan to run a small T-shirt give-away in Anniversary of Gold project?
Dear tbct_mt2,
Will forward that proposition to the team.
Regards,
Support Team @ Digital Gold
https://gold.storage
I even made a custom t-shirt for DIGITAL GOLD.
It is a beautiful T-shirt and a good idea to advertise GOLD project. It's my opinion, based on the main color of Gold website, that is brown. Would you mind making another version of that T-shirt, with Brown is a background color, please?I meant, on the computer and make a screenshot here. You don't have to print it on a real T-shirt?
Any plan to run a small T-shirt give-away in Anniversary of Gold project?
It's been exactly 2 years since I joined the GOLD TOKEN signature bounty. this is a very extraordinary Bounty, able to survive until now.
I really dedicate my account to continue promoting DIGITAL GOLD.
I even made a custom t-shirt for DIGITAL GOLD.
Wishing you more success DIGITAL GOLD
I really dedicate my account to continue promoting DIGITAL GOLD.
I even made a custom t-shirt for DIGITAL GOLD.
Wishing you more success DIGITAL GOLD
Dear taufik123,
That's looks so cool. Good job.
Regards,
Support Team @ Digital Gold
https://gold.storage
It was taking out 0.001 gold when it was daily and still its same, both don't end up. Percent rather seems less for small accounts.
If I can remember correctly it was higher and then was adjusted by the team, but can be wrong on this, please let me know?
Still, I use GOLD tokens for so long and never felt significant costs related to this fee, despite I had sometimes bit more GOLD tokens in my wallets.
Sometimes, I haven't moved them for long months and still the total fee was like invisible for me.
This money can be used by the team to develop Digital Gold project further or to maintain everything, I am happy to pay this small fee and have the project running, as to pay nothing and have no proper team or development.
Don't forget that Digital Gold team made no ICO or any other fund rising and started GOLD token with their own invested money, they need to make few $ on this also.
GOLD token was a sleeping giant, now with new contract and all changes in last months, I think he is finally awake and ready to jump into 100CMC where is his place.
this is the t-shirt design that I made if you are interested in making your own t-shirt.
thank you will try to make one too, have seen some online services able to do it, just send the logo and choose colors, will update you once I get it delivered.
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