[ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 28.

libert19

hero member

Activity: 2520

Merit: 952

Quote from: GOLD_official on April 11, 2021, 01:51:38 AM

Quote from: R3cp on April 10, 2021, 08:24:49 AM

Quote from: GOLD_official on April 01, 2021, 07:39:56 AM

Quote from: crypto_kitty on April 01, 2021, 05:29:08 AM

What if someone sold real tokens in rush when the price was falling?

Dear crypto_kitty,

If you saw that the price on the exchange falling 10 or 100 times you should think that something goes wrong and it did not need to rush the sell in such a situation. On the Digital Gold marketplace the price didn't fall.

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

What will happen to the gold tokens that were bought during the crash? I personally bought in the fall (as with many other cryptocurrencies) and now I can see the balance of gold in my account but without exchange options or price. What will happen to those gold purchased?

Dear R3cp link,

The price did not fall on our marketplace. We always advise using our marketplace. we suggested to the BitForex exchange to cancel all transactions from March 28 and return all users' funds to their wallets. We do not know when they do that. If you bought tokens there you can contact Bitforex support and clarify this issue.

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

That mean marketplace is still functioning as normal?

GOLD_official

copper member

Activity: 676

Merit: 181

Quote from: R3cp on April 10, 2021, 08:24:49 AM

Quote from: GOLD_official on April 01, 2021, 07:39:56 AM

Quote from: crypto_kitty on April 01, 2021, 05:29:08 AM

What if someone sold real tokens in rush when the price was falling?

Dear crypto_kitty,

If you saw that the price on the exchange falling 10 or 100 times you should think that something goes wrong and it did not need to rush the sell in such a situation. On the Digital Gold marketplace the price didn't fall.

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

What will happen to the gold tokens that were bought during the crash? I personally bought in the fall (as with many other cryptocurrencies) and now I can see the balance of gold in my account but without exchange options or price. What will happen to those gold purchased?

Dear R3cp link,

The price did not fall on our marketplace. We always advise using our marketplace. we suggested to the BitForex exchange to cancel all transactions from March 28 and return all users' funds to their wallets. We do not know when they do that. If you bought tokens there you can contact Bitforex support and clarify this issue.

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

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: Leviathan.007 on April 10, 2021, 04:23:23 AM

The exact reason of why people are trusting digital gold project is they won't lie to the holders like usdt and the others. Having physical gold in a vault where everyone can see the exact value of the physical gold is a great advantage for the company. So, everyone who is not sure about the company can check the physical golds on bullionstar like I can see they have 19200 grams of gold currently.

Everyone can verify the current stored amount of the physical gold bars in the Vault.
- Short information is on Gold marketplace: https://gold.storage/en/audits
- Double check on the Bullion Star's Vault: The Audit number is 17081
Link to check https://www.bullionstar.com/myaccount/audit

Quote

Hope you come with some good news about the smart contract too.

I hope the revised smart contract or a new smart contract will be released soon.

R3cp

newbie

Activity: 1

Merit: 0

Quote from: GOLD_official on April 01, 2021, 07:39:56 AM

Quote from: crypto_kitty on April 01, 2021, 05:29:08 AM

What if someone sold real tokens in rush when the price was falling?

Dear crypto_kitty,

If you saw that the price on the exchange falling 10 or 100 times you should think that something goes wrong and it did not need to rush the sell in such a situation. On the Digital Gold marketplace the price didn't fall.

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

What will happen to the gold tokens that were bought during the crash? I personally bought in the fall (as with many other cryptocurrencies) and now I can see the balance of gold in my account but without exchange options or price. What will happen to those gold purchased?

Leviathan.007

hero member

Activity: 1764

Merit: 722

Leading Crypto Sports Betting & Casino Platform

GOLD_official,
Hope everything goes well and the team successfully recover everything. The exact reason of why people are trusting digital gold project is they won't lie to the holders like usdt and the others. Having physical gold in a vault where everyone can see the exact value of the physical gold is a great advantage for the company. So, everyone who is not sure about the company can check the physical golds on bullionstar like I can see they have 19200 grams of gold currently. Hope you come with some good news about the smart contract too.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Quote from: GOLD_official on April 06, 2021, 06:09:37 AM

...right now you can see the advantage of owning the GOLD token, which is 100% backed by physical gold. You can hack a smart contract, but you can’t steal physical gold from the vault...

You are so right, never thought about that this way but indeed, you can hack the contract but you can't steal the gold, is truly like blessing for investors.

Also thank you very detailed information about what is happenning next and what to expect.

Of course I fully support this decisions and think that this is the only reasonable way forward now.

Let's hope that the company that made such big mistake will take this case as a full priority as everybody would expect them to in such circumstances and will develop a solution ASAP.

Luckily it will be much easier to wait when GOLD tokens are going up in value together with real gold.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: GOLD_official on April 06, 2021, 06:09:37 AM

Now we are sorting out with the company that created our smart contract. This is entirely her fault.
Now we have two ways of solving that problem. The company can repair the entire contract closing the hole in the security, or the smart contract will be issued by another company. These are technical issues atm.

I hope best deal and solutions will be found soon with the current company or with a new one.

Quote

We remind you again. All our clients' funds are safe. Moreover, right now you can see the advantage of owning the GOLD token, which is 100% backed by physical gold. You can hack a smart contract, but you can’t steal physical gold from the vault.

When I read posts here about the smart contract problems, I checked the Gold account and see gold bars were unmoved. All bars are safely stored in the vault. It is the good and transparent proof I can check on my side.

Your explanation is strong. GOLD tokens are pegged by physical gold bars that are stored in a highly trusted Vault-provider company.

Quote

By the way, we have good news. Gold is finally started to rise.

Yes, it has to rise as the four year (I think so) of growth just began in 2020.

GOLD_official

copper member

Activity: 676

Merit: 181

Quote from: wwzsocki on April 05, 2021, 04:43:55 PM

Quote from: GOLD_official on April 05, 2021, 02:17:12 PM

Quote from: Leviathan.007 on April 05, 2021, 10:25:16 AM

Please keep us updated...

I do not have additional info about new contract atm...

Still please try to keep us updated as much as possible, I can understand that many are waiting for the Digital Gold contract and marketplace to be fully usable again.

Keep coming every few hours to this thread and Digital Gold Telegram group to hear some great news.

Fingers crossed team, we are waiting for some updates soon.

Dear wwzsocki,

Now we are sorting out with the company that created our smart contract. This is entirely her fault.
Now we have two ways of solving that problem. The company can repair the entire contract closing the hole in the security, or the smart contract will be issued by another company. These are technical issues atm.

We remind you again. All our clients' funds are safe. Moreover, right now you can see the advantage of owning the GOLD token, which is 100% backed by physical gold. You can hack a smart contract, but you can’t steal physical gold from the vault.

By the way, we have good news. Gold is finally started to rise.

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

libert19

hero member

Activity: 2520

Merit: 952

New contract creation + security audit, we are looking at minimum 1 month.

Trailofbits and solidified are two good audit companies.

Having a bug bounty for vulnerable code would also help.

Quote from: ?? on ??

Quote from: wwzsocki on April 05, 2021, 04:43:55 PM

Quote from: GOLD_official on April 05, 2021, 02:17:12 PM

Quote from: Leviathan.007 on April 05, 2021, 10:25:16 AM

Please keep us updated...

I do not have additional info about new contract atm...

Still please try to keep us updated as much as possible, I can understand that many are waiting for the Digital Gold contract and marketplace to be fully usable again.

Keep coming every few hours to this thread and Digital Gold Telegram group to hear some great news.

Fingers crossed team, we are waiting for some updates soon.

your money is gone bro they are scammers and you still thinking they will fix it:?>>>

We'll see.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Quote from: GOLD_official on April 05, 2021, 02:17:12 PM

Quote from: Leviathan.007 on April 05, 2021, 10:25:16 AM

Please keep us updated...

I do not have additional info about new contract atm...

Still please try to keep us updated as much as possible, I can understand that many are waiting for the Digital Gold contract and marketplace to be fully usable again.

Keep coming every few hours to this thread and Digital Gold Telegram group to hear some great news.

Fingers crossed team, we are waiting for some updates soon.

GOLD_official

copper member

Activity: 676

Merit: 181

Quote from: Leviathan.007 on April 05, 2021, 10:25:16 AM

Dear @GOLD_official,
Could you get any new information regarding the new contract address?
Please keep us updated, can't wait to see some fascinating news from the team.

Dear Leviathan.007,

I do not have additional info about new contract atm.

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

Leviathan.007

hero member

Activity: 1764

Merit: 722

Leading Crypto Sports Betting & Casino Platform

Dear @GOLD_official,
Could you get any new information regarding the new contract address?
Please keep us updated, can't wait to see some fascinating news from the team.

In the silence

sr. member

Activity: 1297

Merit: 294

''Vincit qui se vincit''

Quote from: GOLD_official on April 01, 2021, 12:22:23 AM

Quote from: wwzsocki on March 31, 2021, 02:59:57 PM

Quote from: GOLD_official on March 31, 2021, 02:29:44 AM

...

Thank you very much for fast answer, fingers crossed, I hope you will resolve this situation very fast and professional as always.

Anybody traded on exchanges? Is this still possible deposit, withdraw, is trading suspended as for now?

Quote from: bf5580 on March 31, 2021, 02:42:10 AM

Hello. Unfortunately, I cannot see my balance on Bitforex...

Understand that Bitforex was the only one exchange that suffered the dump and price crash?

Dear wwzsocki,

Yes. All trades, deposits, and withdrawals are suspended atm.

The uniswap liquidity was attacked also.

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

Thank you for this clarification, any estimated date of normal transaction? Just to be sure for everyone including me that think an imminent panic sold occurs.

GOLD_official

copper member

Activity: 676

Merit: 181

Quote from: crypto_kitty on April 01, 2021, 05:29:08 AM

What if someone sold real tokens in rush when the price was falling?

Dear crypto_kitty,

If you saw that the price on the exchange falling 10 or 100 times you should think that something goes wrong and it did not need to rush the sell in such a situation. On the Digital Gold marketplace the price didn't fall.

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

crypto_kitty

newbie

Activity: 2

Merit: 0

What if someone sold real tokens in rush when the price was falling?

GOLD_official

copper member

Activity: 676

Merit: 181

Quote from: wwzsocki on March 31, 2021, 02:59:57 PM

Quote from: GOLD_official on March 31, 2021, 02:29:44 AM

...

Thank you very much for fast answer, fingers crossed, I hope you will resolve this situation very fast and professional as always.

Anybody traded on exchanges? Is this still possible deposit, withdraw, is trading suspended as for now?

Quote from: bf5580 on March 31, 2021, 02:42:10 AM

Hello. Unfortunately, I cannot see my balance on Bitforex...

Understand that Bitforex was the only one exchange that suffered the dump and price crash?

Dear wwzsocki,

Yes. All trades, deposits, and withdrawals are suspended atm.

The uniswap liquidity was attacked also.

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

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Quote from: GOLD_official on March 31, 2021, 02:29:44 AM

...

Thank you very much for fast answer, fingers crossed, I hope you will resolve this situation very fast and professional as always.

Anybody traded on exchanges? Is this still possible deposit, withdraw, is trading suspended as for now?

Quote from: bf5580 on March 31, 2021, 02:42:10 AM

Hello. Unfortunately, I cannot see my balance on Bitforex...

Understand that Bitforex was the only one exchange that suffered the dump and price crash?

GOLD_official

copper member

Activity: 676

Merit: 181

Quote from: bf5580 on March 31, 2021, 02:42:10 AM

Hello. Unfortunately, I cannot see my balance on Bitforex. Do you understand? I want to be sure to be safe.

Dear bf5580,

Please create the support ticket on Bitforex exchange. They will tell you the details about that.

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

bf5580

newbie

Activity: 5

Merit: 0

Hello. Unfortunately, I cannot see my balance on Bitforex. Do you understand? I want to be sure to be safe.

GOLD_official

copper member

Activity: 676

Merit: 181

Quote from: wwzsocki on March 30, 2021, 05:42:45 PM

Quote from: GOLD_official on March 30, 2021, 12:26:18 AM

You don’t have to worry about your funds. They are in a safe place. The next steps will be: creating a new smart contract, checking it, transferring the GOLD tokens to the holders’ wallets of the new smart contract...

Two more questions, can we still use Digital Gold Marketplace? Is it still functional and what with trading on exchanges?

Dear wwzsocki,

Please do not make any transactions with the GOLD token before the new smart contract release. The new smart contract will replace GOLD tokens in your wallet. After that, you can buy and sell them again through our marketplace or crypto exchanges.

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

Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 28. (Read 31522 times)