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Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 59. (Read 31626 times)

copper member
Activity: 676
Merit: 181
Dear GOLD token holders!

We are happy to report that we have started formation of advisory board to expand our business globally. This will improve efficiency of all running processed dedicated to growth of GOLD liquidity and popularity.

Since the beginning of 2020, the amount of physical gold stored in our vault storage doubled to the total value of almost $1 million. We are planning to triple the assets withi 2020 and reach over 60 kilos of gold bullions in the storage.

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



sr. member
Activity: 1904
Merit: 256
Vave.com - Crypto Casino
Is there any way users's gold token could be frozen despite being in his wallet/address?

ps: question popped up when I read 'asset freeze' in this article, which is quite unsettling to say the least.


For me it is also not good to have a freeze, it will be unsettling if the freeze is imposed, and besides that it will also make people worry about their assets being frozen, perhaps freezing can occur if there is an error, or theft that occurs, so don't worry about the gold assets that we have, will completely become ours and only we ourselves can access them, or is there an obstacle you experience? Just tell me what problem you are experiencing here
hero member
Activity: 1834
Merit: 566
The Gold token has decide to reveal someone of their team and i hope this will answer the question asked by some people.
 Smiley



Another good development by the Gold Storage team  Smiley
Having known team members can be a very good confidence booster to the supporters and investors of the project. Their Expertise is also highly welcome to the Gold Token family.
You're definitely right about booster to the investors but the project team havent for once give any reason for the investors to doubt them right from the get go. In the meantime, revealing some of the project team was only the good development done by the Gold token team because they are planning to increase their assets in triplefold within this year


Is there any way users's gold token could be frozen despite being in his wallet/address?

ps: question popped up when I read 'asset freeze' in this article, which is quite unsettling to say the least.


Frozen of Gold token users token won't occur on this project platform though i haven't do an in-depth research about but if you know at the article only stablecoins which required KYC to redeem has the frozen procedure and Gold token don't require any KYC in every angle so frozen of user Gold is not possible on this project for every is anonymous.
hero member
Activity: 2520
Merit: 952
Is there any way users's gold token could be frozen despite being in his wallet/address?

ps: question popped up when I read 'asset freeze' in this article, which is quite unsettling to say the least.

copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
The Gold token has decide to reveal someone of their team and i hope this will answer the question asked by some people.
 Smiley



Another good development by the Gold Storage team  Smiley
Having known team members can be a very good confidence booster to the supporters and investors of the project. Their Expertise is also highly welcome to the Gold Token family.
STT
legendary
Activity: 4088
Merit: 1452
I have no doubt gold is rare and will continue to be for decades, I wouldn't put a fixed amount available as its part of the inner core makeup to the earth but its never going to be plentiful.   The reason I say that especially is world population growth and that natural demand or division of resources it creates in the gold price.   Industrialization has been a much bigger factor over the last hundreds to vastly increase the recovery rates possible in mining, like the more recent fracking in oil allowed; thats the big story.    Even with that effect I'm bullish on gold as we have been lax in that standard holding for money and value in national economies for so long and the average holding across the population of most nations is very low.

Quote
Dollar is not the only currency that rises today.
Dollar index or DXY is a measure of dollar strength vs various major national currencies.   So we are tending towards dollar rising above more speculative currencies, this does apply some pressure to gold and also crypto.  Its risen about 1% per day in the last couple days on top of the previous gains.
  Long term we know the dollar has horrible flaws, politically compromised and its not likely to stay the global reserve hence the market will provide alternatives.  It would be nice to see this project as part of the macro economic effect, its going to happen anyway and its better we prepare for it.
hero member
Activity: 1834
Merit: 566
Quote
In the last 24 hours
BTC - 40% down
ETH - 45% down
GOLD - 6% down

Good to see a summary, I want to check back daily on that measure.   I'm already interested in gold in conventional means but very interested in how it can be more easily exchanged via this blockchain also. 
I can assure you that the Gold token is so easy to exchange through the project marketplace without paying fee which will be require by exchange site.

I do think gold tends towards stability which puts it at a premium in society for its use vs variable monetary policy where cash loses money for workers and the population long term.   
For decades, gold have proven to be the best safe heaven of all time and with the analysis done by the US Geological Service (USGC) that there only 50,000 tons of mineable gold left in the world things will turn out goodies for gold older than we thought.

   Right now today Dollar is rising over 1% which is a lot for a very large monetary base that it has.  That no doubt puts pressure on other prices and also gold I expect.    They are of course operating QE programs once again and in the end that leads to currency weakness.

Things seem to turn out green for the stock market today and Dollar is not the only currency that rises today.



The Gold token has decide to reveal someone of their team and i hope this will answer the question asked by some people.
 Smiley


STT
legendary
Activity: 4088
Merit: 1452
Quote
In the last 24 hours
BTC - 40% down
ETH - 45% down
GOLD - 6% down

Good to see a summary, I want to check back daily on that measure.   I'm already interested in gold in conventional means but very interested in how it can be more easily exchanged via this blockchain also.  I do think gold tends towards stability which puts it at a premium in society for its use vs variable monetary policy where cash loses money for workers and the population long term.   
   Right now today Dollar is rising over 1% which is alot for a very large monetary base that it has.  That no doubt puts pressure on other prices and also gold I expect.    They are of course operating QE programs once again and in the end that leads to currency weakness.

Quote
sr. member
Activity: 1904
Merit: 256
Vave.com - Crypto Casino
aside from trading, what is the major use case of this gold coin? ..., what else are you expecting from this project?

In the last days GOLD token was a great store of value or save haven because kept the price stable just like real gold when the hall crypto market crashed 50% and more.

Of course, another obvious use case is investing in tokenized gold with full anonymity because the GOLD token is "pegged" to the gold price.

Thanks to Digital Gold and their GOLD token one can enjoy investing in gold, without the need of storing, securing and maintaining in the vault or any other location.

All other GOLD token use cases were already discussed in this thread so if you are really interested I encourage you to read it page after page.

I do agree with that, it seems that gold token is one of the safe haven in crypto right now. the current market crashed in crypto clearly showed how gold token in your portfolio will save your day. Even if the gold price in the market decreased it is not like bitcoin which crashed thousands of dollars within 24hr period. in gold, it is only less than $50 decline in price within a week in spot market. i guess many crypto users will consider gold token in their portfolio these coming days...
Yes, the option to store GOLD tokens at this time is good, besides minimizing inventory risk, it can also merauo profits because the gold market is not affected by the global crytpo market conditions, it looks like other tokens are very much down, but different from GOLD they follow the world market real, that's why I'm comfortable here, and continue to add my assets in the form of GOLD and the rest keep other tokens, because I'm afraid of the risk of inventory that causes a lot of losses
copper member
Activity: 676
Merit: 181
Hello,
Are you interested in have your own mobile/web wallet.
We can build it. Please send me a DM if interested.

Dear kindynos,

Please write your purpose to PM. Thanks

Regards,
Support Team @ Digital Gold
https://gold.storage
full member
Activity: 1848
Merit: 158
aside from trading, what is the major use case of this gold coin? ..., what else are you expecting from this project?

In the last days GOLD token was a great store of value or save haven because kept the price stable just like real gold when the hall crypto market crashed 50% and more.

Of course, another obvious use case is investing in tokenized gold with full anonymity because the GOLD token is "pegged" to the gold price.

Thanks to Digital Gold and their GOLD token one can enjoy investing in gold, without the need of storing, securing and maintaining in the vault or any other location.

All other GOLD token use cases were already discussed in this thread so if you are really interested I encourage you to read it page after page.

I do agree with that, it seems that gold token is one of the safe haven in crypto right now. the current market crashed in crypto clearly showed how gold token in your portfolio will save your day. Even if the gold price in the market decreased it is not like bitcoin which crashed thousands of dollars within 24hr period. in gold, it is only less than $50 decline in price within a week in spot market. i guess many crypto users will consider gold token in their portfolio these coming days...
legendary
Activity: 2114
Merit: 1444
here you can also buy DIGITAL GOLD'S directly



https://gold.storage/en/market       

I think it's a good time to invest a little in gold tokens  Wink
hero member
Activity: 1834
Merit: 566
Hello,
Are you interested in have your own mobile/web wallet.
We can build it. Please send me a DM if interested.
This project is an ERC20 Ethereum token base and the creation of mobile or web wallet will only be a future case, if the project team decide to create their own blockchain.
My asvise to you is to post your offers on the service section but you need to improve your account first or buy a copper membership.

With this current Market crash, Gold token (gold) is a fairly safe haven to store your investments

In the last 24 hours
BTC - 40% down
ETH - 45% down
GOLD - 6% down
As practice shows, gold was a good investment during the fall of the cryptocurrency market.in bitcoin the price did x2)
Gold have proved to be the best storage of value of all time and in every occasion
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
With this current Market crash, Gold token (gold) is a fairly safe haven to store your investments

In the last 24 hours
BTC - 40% down
ETH - 45% down
GOLD - 6% down
As practice shows, gold was a good investment during the fall of the cryptocurrency market.in bitcoin the price did x2)
newbie
Activity: 5
Merit: 0
Hello,
Are you interested in have your own mobile/web wallet.
We can build it. Please send me a DM if interested.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
aside from trading, what is the major use case of this gold coin? ..., what else are you expecting from this project?

In the last days GOLD token was a great store of value or save haven because kept the price stable just like real gold when the hall crypto market crashed 50% and more.

Of course, another obvious use case is investing in tokenized gold with full anonymity because the GOLD token is "pegged" to the gold price.

Thanks to Digital Gold and their GOLD token one can enjoy investing in gold, without the need of storing, securing and maintaining in the vault or any other location.

All other GOLD token use cases were already discussed in this thread so if you are really interested I encourage you to read it page after page.
hero member
Activity: 1834
Merit: 566
With this current Market crash, Gold token (gold) is a fairly safe haven to store your investments

In the last 24 hours
BTC - 40% down
ETH - 45% down
GOLD - 6% down

Dear Bitcoin_Arena,

You are right. Now the gold price is the most stable and even trying to rise because many investors want to save their money in the safe haven.

Regards,
Support Team @ Digital Gold
https://gold.storage
GOLD, over the history of human civilization and economic operations, is the most favorite means of financial storage when there are wars, conflicts, or pandemics - that what we have now.
That's correct and i hope all crypto investors and enthusiasts are wise enough to make the right decision because I learned that it will June before the covid 19 totally end which automatically mean the up rally/halving people are thirsty for might not do any wonder in terms of price surge until the covid 19 is properly taking care of

hero member
Activity: 2366
Merit: 838
With this current Market crash, Gold token (gold) is a fairly safe haven to store your investments

In the last 24 hours
BTC - 40% down
ETH - 45% down
GOLD - 6% down

Dear Bitcoin_Arena,

You are right. Now the gold price is the most stable and even trying to rise because many investors want to save their money in the safe haven.

Regards,
Support Team @ Digital Gold
https://gold.storage
GOLD, over the history of human civilization and economic operations, is the most favorite means of financial storage when there are wars, conflicts, or pandemics - that what we have now.

With the current progresses of the pandemic, I thought it will not end soon. The Europe, and USA. have not yet seen their epidemics' peaks. Next one or two months will be important for the world and the market.
copper member
Activity: 676
Merit: 181
With this current Market crash, Gold token (gold) is a fairly safe haven to store your investments

In the last 24 hours
BTC - 40% down
ETH - 45% down
GOLD - 6% down

Dear Bitcoin_Arena,

You are right. Now the gold price is the most stable and even trying to rise because many investors want to save their money in the safe haven.

Regards,
Support Team @ Digital Gold
https://gold.storage
hero member
Activity: 1834
Merit: 566
I'm waiting for the day when exchange(s) will provide pair against gold, imo it's much better than usd pairs.
.. but if there was a possibility of exchange for real gold, it would be even better.

That defeats the purpose of stablecoin, and it has many more problems that comes with it (delivery, taxes, regulations,..)


If in the future there will be option to exchange it to physical gold, I don't think there will be many people that will avail such service. As you mentioned, delivery, taxes, or other documentations that come with it. So it is really like a very complex process to obtain the physical gold. So better stay it in virtual gold. Not so much effort in trading anyway. I hope the team will maintain this project and acquire more gold to increase their supply in circulation.

This project should have really happened and can be done well in the future with the benefits that have been previously planned. Now too many people are hoping for a project that is really real at an affordable price.
This project team are doing platform innovation base on what the crypto traders and investors want which other stablecoins are lagging behind and you can also be reassure that every previous procedure planned by the project team will be executed in the future.
@Twinkledoe, well said cause some people still dont understand the fee and the bother which physical gold requirement entails.



aside from trading, what is the major use case of this gold coin? i understand that if you buy gold, you know that you have a cryptocurrency that is tied up with gold and you don't have to worry about its price because it is tied with gold. so if you are in possession of this gold coin, what else are you expecting from this project?
Glad you also understand some few features of the Gold token and I'm going to telling you a little of many benefit to be expecting from this project.
In this project to get the perfect privacy you want as a person, awesome alternative to fiat base stablecoin, expect high liquidity and an absolutely honest protocol.
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