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Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 74. (Read 30282 times)

copper member
Activity: 632
Merit: 178
Are these rumors about listing GOLD tokenonBittrex exchange real? Is this information confirmed by the Digital Gold project team?

I see a couple of posts in this thread about listing on Bittrex and wanted to confirm this before I will share it in my translated ann thread in the local section.

It would be great if anybody can confirm or deny these rumors. Are there any additional news for the Digital Gold project, which we can share on local boards?

Dear wwzsocki,

Right now we do not have any listing agreements with Bittrex exchange. However, exchanges can independently list our token, just like they do bitcoin listing or another coin.

Soon we will announce a listing on Bitforex. The delay is associated with the airdrop for all Bitforex active traders and the preparation of special contests for them.

At the moment, we are working with the Bitforex management team and it is not as fast as we would like to be.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)
legendary
Activity: 2730
Merit: 1706
First 100% Liquid Stablecoin Backed by Gold
Are these rumors about listing GOLD token on Bittrex exchange real? Is this information confirmed by the Digital Gold project team?

I have have heard such info on Telegram about Bittrex and wanted to confirm this before I will share it in my translated ann thread in the local section.

It would be great if anybody can confirm or deny these rumors. Are there any additional news for the Digital Gold project, which we can share on local boards?
legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
It will also be interesting for me to watch him and see if they will restore confidence in such projects.I hope he does not repeat the fate of other similar gold-backed


It is definitely very encouraging that they do provide liquidity for the token and you have that automated exchange feature on their website. That does show they have the finances required to back up all they've said. Also the fact that the audit is made by a swiss company is a big up. Even if you are the most skeptic you should grant the Digital Gold team some kind of trust. What would really make me comfortable is if they could integrate the token with some retailers and be a little more transparent on social media. I don't actually know who is in the team that controlls the company behind Digital Gold.
full member
Activity: 798
Merit: 102


I think that would be the major bottleneck of this project. Because people were already burned by these so-called gold-backed, precious metal-backed projects that turned out to be full of crap just like the Maya Preferred 223, this will have hard time convincing investors to invest once again in a gold-backed project. Remind you, this MAPR coin has all the necessary documents that they have possession of these gold and silver assets, but it didn't stop them from deceiving users and luring them to buy their crap coin. I am really interested what will happen to this project few months or a year from now.
It will also be interesting for me to watch him and see if they will restore confidence in such projects.I hope he does not repeat the fate of other similar gold-backed
sr. member
Activity: 1988
Merit: 275
Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
It's the reason they are trying to advertise it around the forum and social media at least upto Jan next year (if i remember very well). Of course adoption and liquidity is very important with more people buying and selling the token.

It really needs more exposure on media and also confidence from people that this is the real deal and not like the previous scams.

I think that would be the major bottleneck of this project. Because people were already burned by these so-called gold-backed, precious metal-backed projects that turned out to be full of crap just like the Maya Preferred 223, this will have hard time convincing investors to invest once again in a gold-backed project. Remind you, this MAPR coin has all the necessary documents that they have possession of these gold and silver assets, but it didn't stop them from deceiving users and luring them to buy their crap coin. I am really interested what will happen to this project few months or a year from now.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
Much people would be aware of the existence of the project cause the project team first focus on the project security and liquidity which was the reason the project audit was implemented and the token listed on exchange sites base on what the community ask for. Mind you, once the token get list on Bitforex in few days there will be awareness of the project but I will also advise the team to also participant in crypto summit/gathering in the future either.

I have not seen the announcement that the GOLD token will be listed on Bitforex until now, and he said on October 10, but that did not happen, until now the team has not yet been published how to hold a meeting in the future.
You're right but the project was officially launched last month and it too early to talk about future meetings now. However, we both know that there are procedure to follow before an exchange would list a token due to the vaporizing situation of some project happening these days. Besides, the BM statement here should make you understand the hard work put together before the token was listed on the exchange site and consider the Bitforex listing update check there news section.
sr. member
Activity: 1218
Merit: 251
Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
Much people would be aware of the existence of the project cause the project team first focus on the project security and liquidity which was the reason the project audit was implemented and the token listed on exchange sites base on what the community ask for. Mind you, once the token get list on Bitforex in few days there will be awareness of the project but I will also advise the team to also participant in crypto summit/gathering in the future either.

I have not seen the announcement that the GOLD token will be listed on Bitforex until now, and he said on October 10, but that did not happen, until now the team has not yet been published how to hold a meeting in the future.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
Much people would be aware of the existence of the project cause the project team first focus on the project security and liquidity which was the reason the project audit was implemented and the token listed on exchange sites base on what the community ask for. Mind you, once the token get list on Bitforex in few days there will be awareness of the project but I will also advise the team to also participant in crypto summit/gathering in the future either.
copper member
Activity: 632
Merit: 178
GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

i think they will be the market makers in all exchange that  listded this tokens and as you know that both the website you said above is a popular website that many people use it to trading
while the others is still not popular enough so the price/trading volume is lowest

Dear safari88,

We will be the market makers only on exchanges with which we have agreements. If any other exchange will list GOLD token on its own, we won’t be able to provide the necessary number of buy orders.

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)
legendary
Activity: 2100
Merit: 1208
Heisenberg
Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
It's the reason they are trying to advertise it around the forum and social media at least upto Jan next year (if i remember very well). Of course adoption and liquidity is very important with more people buying and selling the token.

It really needs more exposure on media and also confidence from people that this is the real deal and not like the previous scams.
hero member
Activity: 1778
Merit: 504
WorkAsPro
GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

i think they will be the market makers in all exchange that  listded this tokens and as you know that both the website you said above is a popular website that many people use it to trading
while the others is still not popular enough so the price/trading volume is lowest

I know Catex and Coinsbit are new exchanges and it might take a long time for volume to exist, I just hope that GOLD tokens on all exchanges have trades, and that more and more people are familiar with GOLD tokens in various exchanges.
Most of these exchanges have very little trading volume and I don't know why this happened on this project. I think without people buying and selling here, very few people would know about the existence of this project. In my opinion, the team should contact them directly about this issue because without a trader, listing will not help much in project development.

I personally only use the project website to trade because it is a lot more convenient than other exchanges.
legendary
Activity: 2730
Merit: 1706
First 100% Liquid Stablecoin Backed by Gold
Regarding the audits, how authentic do you think are those? Is there no bias in undertaking such audits? I still have hesitations on this project as I remembered the Maya Preferred project. They have all the docs attached showing the metals owned by the team, yet, it turned out to be a huge scam.
I'm aware of the Maya scam situation but this project is different because the audit is already confirmed Chain Security and a user has emailed them either for proof. So, the case of Gold digital token is different and the project was launched without ICO,IEO etc.

As much as I have checked this is not fake and live audits are confirmed but BullionStar just like quoted above.

If you read this thread carefully I have written about this some time ago and posted all needed screens and links to all audits and websites.

Additonally, there are third-party audits that are made by service from outside Digital Gold and BullionStar companies.

Here you are my post one more time:

I still keep reading about the Digital Gold project because I will fully understand how it works exactly and first what I thought about was the Gold of course, which has to be bought and stored.

There are so many scams in the crypto world that I just don't believe in empty words on a web page, only pure facts that I am able to check correctly.

So, I started to look for the stored gold, of course, because this is the core of this project and was very happy to find this after literally two clicks on the Digital Gold website.



On the project page https://gold.storage/en-US/audits everybody can easily find live audits reports with all detailed pieces of information about gold in the storage.

As, I am completely unable to believe, to any assurances and always have to see tangible evidence, I was very happy to find out, that all audits are firmed by  https://www.bullionstar.com, very well known company which offers 600 different products across 10 different categories related to gold and one of them is Bullion Vault Storage, which Digital Gold project is using.

This is very easy to validate certificates because Digital Gold provides storage live audit data on the https://www.bullionstar.com/myaccount/audit page and everyone can check everything carefully.



Transparency in such a project is the key. Still, I haven't found one last answer to my question, which is: How is guarded access to stored gold?

What I mean is that a bad actor won't have access, for example, someone from the project and how is it secured? Who has access and how is it billed?

I just wonder and I'm afraid if there is such a possibility that someone from the project with access to the gold storage, will empty it and disappear one day. 
sr. member
Activity: 1218
Merit: 251
GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

i think they will be the market makers in all exchange that  listded this tokens and as you know that both the website you said above is a popular website that many people use it to trading
while the others is still not popular enough so the price/trading volume is lowest

I know Catex and Coinsbit are new exchanges and it might take a long time for volume to exist, I just hope that GOLD tokens on all exchanges have trades, and that more and more people are familiar with GOLD tokens in various exchanges.
sr. member
Activity: 2254
Merit: 256
Vave.com - Crypto Casino
if you want to focus on the values of your crypto resources. Your benefits can preserve its value, because each GOLD token is physical gold. GOLD, because its value depends on the value of gold. Gold is a phenomenal difference from stable coins in rubles or euros.
It is very good if the GOLD project is able to create the price of the token in accordance with physical gold, if they are able to create this, of course it is a very extraordinary thing, and if this project has received many awards, many people will invest in GOLD coins for distance long
legendary
Activity: 1960
Merit: 1026
GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

i think they will be the market makers in all exchange that  listded this tokens and as you know that both the website you said above is a popular website that many people use it to trading
while the others is still not popular enough so the price/trading volume is lowest
member
Activity: 308
Merit: 34
if you want to focus on the values of your crypto resources. Your benefits can preserve its value, because each GOLD token is physical gold. GOLD, because its value depends on the value of gold. Gold is a phenomenal difference from stable coins in rubles or euros.
legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins

GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?

Digital Gold team only does market making and as they said they are still working on integrating their market-making algorithms through APIs on Catex. But they shouldn't be held responsible for the volume on exchanges. They will only do market-making which means ensure the liquidity (have buy orders in place close to the real market price of GOLD).

Moreover Cryptex and Livecoin exchange are more popular exchanges than Catex and Coinsbit so obviously you should expect them to have more volume  Wink
sr. member
Activity: 1218
Merit: 251

wow now the tokens already has around 4 exchange and i hope the price for each token in the exchange don't go lower than we expected

Dear safari88,

On each exchange where we made a listing contract, the price of the token will be almost equal to the price of gold. We will be market makers, placing buy orders. It takes a lot of time to integrate with the exchange.  Everyone has different APIs. All investors who wants to sell GOLD tokens can do that through the marketplace on our website https://gold.storage

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

GOLD in the Catex and Coinsbit exchanges does not have a medium volume in Cryptex and Livecoin has a stable volume, so how do teams make GOLD in all exchanges having the same volume?
copper member
Activity: 632
Merit: 178

wow now the tokens already has around 4 exchange and i hope the price for each token in the exchange don't go lower than we expected

Dear safari88,

On each exchange where we made a listing contract, the price of the token will be almost equal to the price of gold. We will be market makers, placing buy orders. It takes a lot of time to integrate with the exchange.  Everyone has different APIs. All investors who wants to sell GOLD tokens can do that through the marketplace on our website https://gold.storage

Regards,
Support Team @ Digital Gold
https://gold.storage (https://gold.storage)
legendary
Activity: 1960
Merit: 1026
Special announcement

The Gold digital token is also listed on Coinbit exchange today and to be list on BitForex in few days.

wow now the tokens already has around 4 exchange and i hope the price for each token in the exchange don't go lower than we expected
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