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Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 55. (Read 31537 times)

copper member
Activity: 676
Merit: 181


We are happy to report that 2,000 more GOLD tokens have been minted today! The total supply of GOLD tokens currently exceeds 19,000 and keeps constantly growing. The real-time audit report can be found in Audits section of our website. https://gold.storage

member
Activity: 140
Merit: 57
https://streamies.io/
GOLD satbilcoin is a real investment, maybe later it will be able to compete with gold so that everyone with the ease of investing does not have to buy gold  Cheesy




That is true, Digital Gold is so far an easy way to invest in gold, in my country I need to spend a lot of certificates in order to invest in gold, with the GOLD token I just do easy, without any kind of complication, 24/7, fast and safe, no matter where I am.
hero member
Activity: 1834
Merit: 566
GOLD satbilcoin is a real investment, maybe later it will be able to compete with gold so that everyone with the ease of investing does not have to buy gold  Cheesy
Youre right about the project to be real investment but the purpose of this project is provide genuine stablecoin for the well being of all crypto investors, traders and enthusiasts. However, this is project have opened the eyes of others stablecoin provider to the betterment of precious metal and blockchain.
sr. member
Activity: 780
Merit: 251
GOLD satbilcoin is a real investment, maybe later it will be able to compete with gold so that everyone with the ease of investing does not have to buy gold  Cheesy

sr. member
Activity: 534
Merit: 295
Sorry for being a newcomer to discuss with everyone about Gold and stablecoins. But really, I am quite impressed with the team's idea of creating a gold coin in the crypto market so that people can buy gold with their own stablecoins without having to go to the gold shops. I am a gold technical analyst and I have made quite a lot of profits on buying low and selling high gold in Bitforex exchange. I don't need to pay a fee to trade like margin and everything is great.

This is a leading product in the history of gold for gold traders interested in cryptocurrency and who want to trade in precious metals as they can now buy gold immediately and then receive it elsewhere in the cryptocurrency.
sr. member
Activity: 1176
Merit: 252
I don't need to pay a fee to trade like margin and everything is great.

You still need to pay basic exchange fees like transaction fee or withdrawal fee. While you store your tokens on exchange GOLD team does not charge fee for storing your phisical gold only other fees stays where they were (or i'm not aware of something?). Also trading using gold token is quite not optimal with 6 % spread that we see in there that is a killer compared to average gold/usd fluctuation. Gold token is more like a long-term investment tool.
There are no transaction fees between users, there is only a very low annual storage fee of 0.99%. Yearly storage fee is automatically charged from token holder's wallet by GOLD secure and audited smart-contract, based on Ethereum network, on daily basis.

*https://gold.storage/en/fee
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
The best way to trade is to use the official Digital Gold marketplace. We have a spot price and fast transactions. 
I obviously use the marketplace as its the quickest and the safest way of trading off GOLD Tokens

Sorry for being a newcomer to discuss with everyone about Gold and stablecoins. But really, I am quite impressed with the team's idea of creating a gold coin in the crypto market so that people can buy gold with their own stablecoins without having to go to the gold shops. I am a gold technical analyst and I have made quite a lot of profits on buying low and selling high gold in Bitforex exchange. I don't need to pay a fee to trade like margin and everything is great.
I do hope everything goes well and bitforex don't wake up one day to lock your account.  All am saying is be careful with thay exchange.
hero member
Activity: 1834
Merit: 566
I don't need to pay a fee to trade like margin and everything is great.

You still need to pay basic exchange fees like transaction fee or withdrawal fee. While you store your tokens on exchange GOLD team does not charge fee for storing your phisical gold only other fees stays where they were (or i'm not aware of something?). Also trading using gold token is quite not optimal with 6 % spread that we see in there that is a killer compared to average gold/usd fluctuation. Gold token is more like a long-term investment tool.
Yes, Gold liquidity stablecoin is a good ling term investment tool especially for arbitrage and traders that love to seize opportunity of the market but i believe what Chip was trying to say about not paying fee is the storage fee which Gold token holder are totally exempted from paying.
legendary
Activity: 1918
Merit: 1728

This is really a high-quality article. You started it with the advantages of gold then shifting to the benefits of blockchain technology. Then perfectly explained why Digital Gold is the best option to invest in Gold securely and anonymously. If you don't have any problem then I would like to translate the part of your article and publish it in Indian Section.
😁 yea... No problem. You are free to. Feel free to tag me @ayobami99 so i can give my little upvote 👍 💪

Sure. I will tag you as well as mention link to your article in my post. Smiley

legendary
Activity: 2156
Merit: 1622
I don't need to pay a fee to trade like margin and everything is great.

You still need to pay basic exchange fees like transaction fee or withdrawal fee. While you store your tokens on exchange GOLD team does not charge fee for storing your phisical gold only other fees stays where they were (or i'm not aware of something?). Also trading using gold token is quite not optimal with 6 % spread that we see in there that is a killer compared to average gold/usd fluctuation. Gold token is more like a long-term investment tool.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
I have made quite a lot of profits on buying low and selling high gold in Bitforex exchange

I don't want to be the "bad guy", still, your post is incomplete. I'll help you fill the gap with some questions:
1. did you also get to withdraw your funds (or earnings) from that exchange?
2. were they small funds (under 0.1BTC), medium (under 1BTC) or bigger funds? (of course if you see a problem with this question, don't answer it)
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
Sorry for being a newcomer to discuss with everyone about Gold and stablecoins. But really, I am quite impressed with the team's idea of creating a gold coin in the crypto market so that people can buy gold with their own stablecoins without having to go to the gold shops. I am a gold technical analyst and I have made quite a lot of profits on buying low and selling high gold in Bitforex exchange. I don't need to pay a fee to trade like margin and everything is great.
copper member
Activity: 676
Merit: 181
I know it's in the interest of the team and members at large to have more exchanges where the GOLD Token can be traded but bitforex is a scandalous exchange. The number of accusations of them stealing people's funds and faking volume are growing by the day.

It would be good to dissociate from them and also avoid future losses to the company in case they decide to pull off an exit scam as complains keep growing. I understand to place buy orders in the exchanges so if they decide to pull of an exit scam. It might affect the project's funds too.

Dear Bitcoin_Arena,

The best way to trade is to use the official Digital Gold marketplace. We have a spot price and fast transactions.

Regards,
Support Team @ Digital Gold
https://gold.storage
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology

This is really a high-quality article. You started it with the advantages of gold then shifting to the benefits of blockchain technology. Then perfectly explained why Digital Gold is the best option to invest in Gold securely and anonymously. If you don't have any problem then I would like to translate the part of your article and publish it in Indian Section.
😁 yea... No problem. You are free to. Feel free to tag me @ayobami99 so i can give my little upvote 👍 💪
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
I know it's in the interest of the team and members at large to have more exchanges where the GOLD Token can be traded but bitforex is a scandalous exchange. The number of accusations of them stealing people's funds and faking volume are growing by the day.

It would be good to dissociate from them and also avoid future losses to the company in case they decide to pull off an exit scam as complains keep growing. I understand to place buy orders in the exchanges so if they decide to pull of an exit scam. It might affect the project's funds too.
legendary
Activity: 1918
Merit: 1728

This is really a high-quality article. You started it with the advantages of gold then shifting to the benefits of blockchain technology. Then perfectly explained why Digital Gold is the best option to invest in Gold securely and anonymously. If you don't have any problem then I would like to translate the part of your article and publish it in Indian Section.
copper member
Activity: 676
Merit: 181
I am not so sure if anyone have asked this question before :
You said Chainsecurity audited your smart contract, you even provided the details of their report in a pdf file. But no where online is there to confirm it not even on chainsecurity website, I have sent an email to them for confirmation no reply yet. But can you give us proof that the document is actually from Chainsecurity? Any online or official confirmation link from them?

2. I have made my research and confirmed that you actually have 19000+g of gold in the bullionstar vault,  this is great. How do people who purchase your tokens confirm that they are true owners of the physical portion of the gold in your care? Any legal documents in case? These are things that settles the mind of the holders.

3. Your stablecoin looks like securities... Any word or confirmation from SEC?
Edit: I'll continue to check this space for answers
Thanks so much for the answers. I concluded my research.
Here is the report of my findings :
https://www.uptrennd.com/post-detail/why-the-world-need-digital-gold-stablecoin-at-this-time~MzEyMjAy
I hope you'll enjoy it

Dear Ayobami99,

Thanks for the great article. Nice to read how people use GOLD tokens.

Regards,
Support Team @ Digital Gold
https://gold.storage
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology
I am not so sure if anyone have asked this question before :
You said Chainsecurity audited your smart contract, you even provided the details of their report in a pdf file. But no where online is there to confirm it not even on chainsecurity website, I have sent an email to them for confirmation no reply yet. But can you give us proof that the document is actually from Chainsecurity? Any online or official confirmation link from them?

2. I have made my research and confirmed that you actually have 19000+g of gold in the bullionstar vault,  this is great. How do people who purchase your tokens confirm that they are true owners of the physical portion of the gold in your care? Any legal documents in case? These are things that settles the mind of the holders.

3. Your stablecoin looks like securities... Any word or confirmation from SEC?
Edit: I'll continue to check this space for answers
Thanks so much for the answers. I concluded my research.
Here is the report of my findings :
https://www.uptrennd.com/post-detail/why-the-world-need-digital-gold-stablecoin-at-this-time~MzEyMjAy
I hope you'll enjoy it
hero member
Activity: 1834
Merit: 566
This project is really good, Most of the tokens nowadays don't have a real use, it's really hard to see tokenized things doing right but here is totally different, your team is doing just right steps.
The Gold token team consist of people who are highly experienced in the field of blockchain, finances, economy and strategy and this is the one number thing most crypto investors ought to look for before invest in a project but it sad they ignore that aspect.
With that been said, i dont think you notice the project was the first genuine gold backed liquidity stable coin and what i understand about this project is that this is still the beginning of the journey of good tidy which people will see through this project.
member
Activity: 140
Merit: 57
https://streamies.io/
This project is really good, Most of the tokens nowadays don't have a real use, it's really hard to see tokenized things doing right but here is totally different, your team is doing just right steps.
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