Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 38. (Read 31522 times)

Dear Fivestar4everMVP,

You can check the GOLD token price using our marketplace https://gold.storage/en/market

Just read some analysis about how the gold feels now and make a decision.

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

Just look at real gold price and BTC price, both are very bullish and going strong up!!!

Read other comments above yours, everyone is bullish, even me  


https://goldprice.org/gold-price-chart.html

In my opinion, you can wait very long for a dip, BTC just broke 12K sealing and before the end of 2020, we will be at 20K.

As we can see gold is correlated now with BTC very closely, as we know the GOLD token follows exactly the price of gold, so buying and holding is the best option now.

I am usually very realistic when it comes to markets but we can see that even worst news about the second corona wave, unemployment in the U.S, elections have no impact on gold and BTC.

Which is great for GOLD token investors!!!

Hi guys,
Am looking to buy some gold tokens but to be sincere, I don't really know much about this project yet,but I still wanna go ahead cus theres a lot of positive reviews about the project,
My concerns is considering the price of 1 gold token at the moment, is it wise to buy now or do you think there might be some more or few drops and should wait a little to buy the dip??

Your honest opinion will be very much appreciated.. Thanks all.

It looks generally that in near future bull run is ahead. Same goes for gold and for crypto. That is my prediction too based on some research I have done those days.

The interesting thing I can find from the GOLD price chart from here https://goldprice.org/gold-price-chart.html is physical gold has been in its recovery phase after the correction.

Do you notice that after breaking the strong resistance (1921 USD/oz to 1861 USD/ oz), gold price was dumped like bitcoin has 2 times since its all time high. And yes, fortunately, it is rallying from the correction. I see good signal from the chart and I believe it has 2 or years of bull run ahead.

As soon as elections are over and after that taxes come around so my opinion is that for new year we will see a bit of a uptrend. Its good time to buy even if you watch bitcoin charts. I have high hopes for end of this and next year in general.

If feel fear, cash out to fiat, then wait for falls and buy dips then hold. At least with this safe investment style, investors won't lose their fiat. I meant don't lose fiat on paper number and this statement is not counted inflation rate of fiat.

If gold price falls, buy more gold with same fiat fund. The same for bitcoin. If price is stable or increase, still have same fiat fund.

Indeed, political uncertainty usually translates into a drop. I know that my national currency usually drops in this kind of events.
But all should get back to normal as soon as the elections are over. And if the new president "is good" there could be quite a jump, not just a comeback.

It will be a difficult time for the whole market. President elections in the USA and COVID-19 will make some troubles to the traders.

As I said months ago when gold did not began its ride or in early weeks of its ride. Gold when takes off, it often has a 4 year ride. How many year physical gold has in this ride so far?

Keep calm and try to prepare your HODLpium for upcoming months. You can consider it as my indirect gold price prediction. Cheers, all fans of physical gold and digital GOLD token. 

I have to admit that my bearish sentiment was wrong. GOLD looks strong again and bulls took the action .


https://goldprice.org/gold-price-chart.html

We are actually at the resistance level and if it will be broken, then there is a very big chance that GOLD will make new highs again.
For some time GOLD and BTC weren't so strongly correlated but in last weeks it seems to be changing again and both kings the real and virtual one are going head by head.

The GOLD token is just great and I see totally no difference between investing in real gold. Maybe the only one that it's much easier to buy, sell, send and do all other things impossible with real gold.
I'm convinced there will be a huge market for GOLD token very soon, we are still very early on. This will be exactly the same as with everything, internet changed the way we are buying things, all shops are to find online, even closing the doors and go fully online. This same will be with cryptocurrencies we only need a couple of years more and everything will be digital.

Thank you guys, I was sent some very small amount of Gold token probably for  youtube campaign from your bounty thread, i love the fact that it's very much easier to purchase gold now through this project, this will make a whole lot of sense in the near future and this Will be one of the crypto companies to stand out when crypto gets massive adoption.

Nice to hear that. Thank you for your support. By the way, how do you feel where the gold will go next week?

To be honest I don't know too for 100% but never seen OP, team or mods rebuke somebody talking about the GOLD token or gold price.

I have many times posted my price predictions and even got a few merits from members here.


We can agree I assume that there will be so many predictions as people.

The funny thing is that all of them could be different and the market moves only in 3 directions  .


PS
Just want to add that I truly like to be in this campaign and to support this project. We have one of the best threads which is always in the first top 10.
Many times even if I have nothing to comment at the moment, still try to bump, but most of the time this thread is already first or second  .
I was in many campaigns and never seen such community performance, I think this is only because Digital Gold is great and the manager is doing an incredible job, thumbs up.

Don't know if price speculation is allowed here or not but I would like to give my views on the price too.

I have huge interest in investment market and study assets likes gold daily. As per my prediction, gold prices are still in uptrend. In short run, prices will peak on 15th-16th October then after little correction and few months of stable market, gold prices will surge magnificently from April 2021 and will reach All-time-high in September 2021.

However, this is my personal prediction. Please don't consider it as investment advise. Do your due diligence before investing in assets like gold. But if you make mind to buy gold, DIGITAL GOLD is best place to get on-board as it offers blockchain-based token equivalent to real gold which can be bought with BTC/ETH.

RIGHT, I have to admit it, looking at the gold chart as a whole, this is only a small correction, no doubt about that.

The lower the time frames on chart - the bigger the correction, but still not a trend, my bad  

A perfect example of price discussion between bear and bull  

Dear wwzsocki,

Where did you see a downtrend in the gold price chart? It is just a small correction.

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

Nobody mention that this fee will be minimal at the moment because when you send a transaction to yourself, you need to use a minimal gas limit which is only 25000 gwei.

Stucked transactions occur almost always on very heavily used contracts where gas limits have to be set up much higher also. When we are interacting with very complicated contract or the transaction has to be routed between a few contracts, for example: ETH - wETH - GOLD - wallet, then it makes the gas limit go higher. This is the simplest way to exchange on Uniswap, which needs at least 150.000 gwei gas limit because less will be not successful.

Suggestion: I am using 1inch exchange. You can use their CHI token to lower significantly the ETH gas fees  .
                  This is a DEX aggregator, so you have all Dex exchanges in one place.


https://1inch.exchange/

Another solution is new DEX nobody talks about called Honeyswap.org


https://honeyswap.org/#/swap

Uniswap clone made on XDAI which makes transactions cost 0.0003$ and there is no network congestion problem, additionally, this is also DEX aggregator.

I think we are seeing a big Uniswap competitor here  .

---

Now back to the GOLD token. The price of real gold (as we expected) is in a downtrend. Nobody knows how deep and how fast the correction will be or if maybe it will bounce up again?

I have heard so many different theories, that to be honest everything is possible, as for now.


https://goldprice.org/live-gold-price.html

GOLD token price follows the real gold, so what are your thoughts about the actual price and future moves of gold?

The fee paid for the first transaction (stuck transaction) does return to you. But since for canceling a transaction, you need to make a new transaction to yourself, you have to pay fee for a new transaction.
This is same as bitcoin when you double spend a stuck transaction to yourself.

So they could follow the idea integrated by Tether when they choose to use 3 blockchain? But waves is one of the worse smart contract networks and if the team decide to put your advice to work I think they have to choose a strong and secure decentralized network.


You are absolutely righf cause this need go be discussed to help the newbies and one of the disadvantages cancel and replace a stuck transaction with another one on ETH network is fhat the previous transaction fee wont be refunded.