Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 41. (Read 31850 times)

Wise man lived for sure a long time ago. It is impossible to lick any BTC and I am sure you will like to have one, even 1 GOLD token would be a nice surprise  .

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Now without jokes, I keep thinking about Uniswap and to open a pool there for the GOLD token?

Maybe Digital Gold team could do it as a big holder of GOLD tokens?

It is only an idea and I want to discuss it, I don't know if this is even possible (legally?), but I can see obvious reasons to do it.

There is a big profit potential if you are sitting on large amounts of tokens and could provide liquidity to Uniswap.

Not only it could benefit the GOLD token from obvious reasons but also bring an additional source of income for the Digital Gold team.

As I said it is only a simple idea and would be great to talk about it. Is it possible, are there no legal issues, would be profitable and could bring benefits for the GOLD token and the team?

Why would anybody want to trade gold... It is the ultimate hodl asset. Yeah it is cool for those who want to...


The audits of this company (Digital Gold Ltd.) are being made by bullionstar. (another company from Singapore)  It means, I am trusting them when I buy gold by purchasing these tokens. It is not really different than trusting Bitfinex. They say they have the funds to back their tokens too.

The only proof I need is my eyes. I don't need the promise of having gold. I need gold.


I wouldn't buy $1 worth of gold even if I could. I guess I don't belong to your target audience.

Physical gold and GOLD tokens each have their own benefits.

There are many advantages in having GOLD tokens.
One of advantages is that, you can trade bitcoin, ethereum, etc. with GOLD. That's not possible using physical gold.

GOLD tokens can be used as a stable coin. Compare GOLD tokens with USDT. Which one do you prefer? Tokens backed by physical gold or tokens backed by a fiat money which can easily be printed? Tokens that are provably backed by gold or tokens that are backed by dollar without any proof?
So, GOLD tokens can be used by those who look for a trustworthy stable coin.

Another advantage of GOLD tokens is that you can buy and sell gold anonymously and at any fraction. Can you buy 1 dollar worth of physical gold?

I'd rather buy physical gold. I don't see the advantage.

A wise man once said:

"If you can't lick it, you don't own it."

I lick my gold coins from time to time just to be sure they are still mine.

I'd never say never. Afaik he didn't also invested in actual gold. And probably he will not invest in actual Bitcoin. But in the same way he invested in gold-related company, he may invest in some known Bitcoin related company. Just like that.

As I've seen written somewhere: he is usually invests in companies.

Of course, the news were beneficial for gold, I don't deny that and also I don't mind 

Gold is an awesome assest which was predicted to be bullish at the start of this year than previous years even Gold storage stablecoin analyst (Christopher Wood) increased his target per 1 ounce of gold price, with the limited gold mining factory and tons of gold available in the world with the inclusion of the economy if Warren Buffet dont investment in gold he will definitely miss out a great opportunity. Therefore, theres chance for opportunist to buy and hold Gold storage stablecoin now not to miss great opportunity.

Warren is some kind old fashioned and i dont see him invest in Bitcoin.

It is a very interesting with lots of information and meta analysis on why GOLD is a good asset and why Warren Buffet has switched his investment plans.

Warren Buffet bought “Gold” for the first time. When Bitcoin?

The price of gold increases last week. https://goldprice.org/gold-price-chart.html

Because such big players are unlikely to want to use the gasket in the form of tokens. It doesn't matter that this is a trusted token as GOLD or any other. Undoubtedly, the use of tokens is convenient not only for trading precious metals and stones. But no one wants to share their profits.

Thanks for publishing the price chart of gold. It is the right time for a bounce, isn't it?

The global population and human civilization change to the Digital era. The creation of bitcoin one decade ago is a true catalyst for the digitalization growth. From paper cash to digital cash or more advanced with decentralized cryptocurrency. From physical gold to digital gold.

The pandemic shows the fact that working online as freelancers is the best for people. People can work everywhere that has good Internet connection. The rest are knowledge preparation, practice and join the online market. Honestly, I like the way our world changes last decade. I don't have to go to jewelry stores to sell my physical gold bars. And with digital GOLD tokens, it become more easily.

When real gold becomes a flatliner there is not much to talk or to be excited about and we can see that discussion slowed down a bit in this thread.

So I thought, I will start a new one on the topic: What keeps institutional gold investors/traders from using tokenized gold instruments like GOLD token?


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

This is the beauty of GOLD token and Digital Gold project that it follows the real gold price no matter what, additionally, being fully backed by real gold.

I think that sonner or later majority of investors and institutional money involved in real gold price speculations outside the crypto market will finally end up here trading tokenized gold using GOLD token.

Everything is evolving very fast, when only the crypto market becomes more regulated (despite nobody want's this), then it will be safe and easy accessible for large players.

If they like to trade and own real gold using available instruments on the regular markets, I am sure they will just love the flexibility of GOLD token.

I assume that the only thing with keeps them out of this market is the lack of regulations.

Dear blue Snow,

Thanks for your participation.

The website is up. We had some technical issues. Now everything works fine.

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

I am accessed website without problem.

Thank you GOLD_official I received my third payment. I am glad to be here.

The website is now accessible. The problem has been solved.

Yes, we have also the same problem, the Digital Gold team knows about this issue and already is working on it, but they don't know any estimates as for now.

I have talked with our campaign manager, just a few minutes ago on Telegram.

For sure we will see some announcements if this will take longer and if not, then I am sure that the Marketplace and other websites will be back online ASAP.

PS
To be funny I just wanted to publish a post, how I successfully exchanged yesterday my GOLD tokens from bounty for 50 cents in ETH fees in an almost instant transaction, after the last disaster.

When I wanted to publish Leviathan.007 contacted me about the problems - "life is brutal"  .

The official website won't load for me, do you people have the same problem?

Our website contains links to the advisors of the Digital Gold project. There are not our team members. They advise different projects and of course, you can find their photos on dozens of websites.

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

Maybe he means some fake ANN thread? There were awful numbers of fake ANN thread lately try to fool users with links to a fake site or git. Waiting for more information from thermozz if what he said is true.

Can you please be more specific. Which portal are you talking about and i try to investigate?
Maybe some copycat is out there given the success of gold.storage

This is exactly why I have always used Coinbase because I thought it's an established business with a lot of trusts.
Until now, I had no problems and never used their support, but I was 100% sure they provide great service to their clients because I've never heard any complaints (besides the high fees).

Of course, I was wrong and when you start to search the internet properly an overwhelming amount of complaints from their clients start to pop up.
I thought Coinbase is a leader in this market and so long in the crypto space that already developed the best standards when it goes to support.

I was so wrong, it's not easy to contact them, they answer to emails after days and with an automated response (which has almost nothing to do with my problem), when I call them it takes hours to get somebody on the line and even if I was lucky, the connection was so bad that I couldn't hear and understand anything the agent says, probably he wasn't native English speaker.
I think all of this is made on purpose to make us not willing to use their support, now and in the future. It's obvious that I would avoid it after such a first experience.

Other exchanges and even crypto projects like Digital Gold offer live support, if they can afford this then I'm sure Coinbase can too, but this isn't their intention obviously to help us.
For me, this is the end with Coinbase and I'm happy that I lost only 300$ because many people lost a lot more and they couldn't avoid it.

As @wwzsocki posted, there's a better chance the daily fees will completely eat up those funds than Coinbase Pro move a finger to help out one of their customers...

Quite sad and hopefully (sooner or later) people will start looking more carefully for businesses with this kind of behavior and avoid them. The ecosystem has grown and there are other options too nowadays...