Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 75. (Read 31865 times)

Ahh, I didn't realize that. Why do they need eight exchange listings? That's spreading liquidity unnecessarily thinly for such a token imo.


Yeah, that would be good. 

And I understand exactly what you ask (I think  ) and only provided Marketplace as an additional way to sell/buy instantly the GOLD token.

As I said already Digital Gold is a liquidity provider on exchanges were the GOLD token is listed actually.

According to exchanges question, as you see the announcement about the listing is really new and all exchanges you mentioned above were on the Digital Gold website from some time.

Digital Gold was already listed on 3 or 4 exchanges and yesterday added another four, but they didn't mention which once.

I hope we finally understand each other  .

You cropped/misunderstood the question. I know each token is supposed to represent 1g of gold, that's my point about liquidity provision.
Liquidity provision is easy with non linked tokens but, say there is a large sell order with no buyers, are GOLD going to absorb that selling and its cost themselves?


What do you mean? You asked


The answer I gave, based on a visit to their website and a quick search, was a list of the four exchanges they refer to here
and Bitforex will make five.


Yes, I understand how tokens are bought and sold. Liquidity provision is something else.

I subscribe that GOLD is not listed on the best exchanges out there, but still they are a great addition to the direct marketplace offered on their website. I think this project mostly needs awareness and listing on many exchanges where the Digital Gold team is providing liquidity on is just a big PLUS for me. Bitforex should attract more eyeballs on the asset and also provide the company with more profits from creating liquidity, thus creating a healthy ecosystem for the GOLD token.

Yes, it is and it was already explained a couple of times in this thread.

Here quote of my post:


All these exchanges you mentioned were already known, so it has to be some other exchanges.


Digital Gold is a liquidity provider for the GOLD token on actually listed exchanges which are accepted by the team and additionally they provide Marketplace where you can buy or sell GOLD tokens 24/7.

Als already explained in the thread:

I can only see a selection of shit exchanges on which this is currently listed. Apparently, according to that news link, they "carefully support" liquidity:

Livecoin. Trading around $48 with a couple of grand volume (CoinGecko listed)
Cat.ex. Nothing doing.
Coinsbit.io. Nothing doing.

Being listed on Coinsbit usually means a listing on P2PB2B as well, for what it's worth. Maybe that's exchange #4.
That whole setup is the source of severe doubt with some of us.

I'm a bit puzzled as to how they can provide liquidity to a coin, the main attraction of which is the fact that each token is linked to a physical amount of gold?

Edit:
Exchange #4 may be Cryptex?

This is great news and I only wonder why have you waited with announcement?

Such big news has to be shared immediately with supporters here but especially with bounty campaign participants, to let us share this great news in translated Digital Gold project ANN threads and our local groups. Without news and announcements, there is nothing to share  .

I am sure that many members check this thread for news and even never post anything. I do it very often because I will be not able to respond in all threads I read.

Anyways, great progress Digital Team, only it would be great to know which exchanges listed Digital Coin token GOLD and if you are also a liquidity provider for the GOLD token there?

Dear wwzsocki,

We listed GOLD on four exchanges already. But still we are working on Bitforex listing. We prepared airdrop and a special contest for the users. The team and the technical department continue to coordinate with the exchange devs. As soon as we list GOLD there, we will publish the information in the thread.

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

I see that after my last post all signature spammers run away from here and now this thread is almost dead with no organic discussion.

This is the problem of Bitcointalk that many threads catch almost no attention from the community despite the project is good and legit.
I don't know why this is happening but it looks like people are just not interested in new projects and after so many ICO scams they just can't believe anything is legit anymore.

Additionally, other services like Telegram offer a lot more flexibility and tools needed to moderate and communicate in real-time, so they choose to start the promotion there sometime even never introduce themself here. Even such projects like Digital Gold struggles to catch the attention and in the off-topic section, people are talking about nonsense all the time.

I spotted lately, that there are new projects which are like an exact copy of Digital Gold and I think we can see it as a success. I don't mention the tickers or names on purpose because this is DigitalGold thread but I can add that they will tokenize silver and diamonds, so if anybody is interested can search further for more information.

PS
If there are any new announcements or updates from the Digital Gold team then it would be great to hear but I suppose is still too soon.

I have just written a new article about the Digital Gold project and the GOLD token.

If anybody is interested in Digital Gold or wants to know how exactly all this works and how the GOLD token is used to tokenize real gold, then this article is for you.

GOLD TOKEN – ALTERNATIVE TO TRADITIONAL FIAT-BASED STABLECOINS

Stop spamming this thread with your nonsense questions or summaries and read first about the Digital Gold project and GOLD token before commenting here.

This is signature spam, so please stop or start to do it correctly.


Another completely stupid question that was already answered multiple times in this thread and is explained on the Digital Gold  website or in the white paper.

If you would be really interested in the Digital Gold project, these places should be first to check before even think to post here.

The bare minimum is to read the OP and a couple of posts from the thread to post something with common sense and not only to not spam for the signature and annoy other members.


Bounty Thread

PS
I hope you will remember my avatar  .
[CLUB] The SpamBusters! Busting rule-breakers for more than a year.

What do you mean by physical anonymity? I thought it is just a digital gold but they are just referring to the price of real gold in gram.
You mean if you have these tokens in hand you can also have the physical gold in hand?

Thanks, other exchanges I thought they only have 2 exchanges that this token listed. It looks like that their bounties still running do they still accept telegram and twitter campaign?

I can't buy this token right now to invest but good to earn some to hold and maybe getting benefits in the future.

I know the message slightly off-topic but I don't think there's something bad if I explained things in detail for the user who yet to understand volume issue of an exchange site.
With that been said, you're wrong about project owners associated with an exchange in the act of fake volume issue cause the exchange do it by themselves in other to get in the spotlight on CMC.



As you can presume the Gold token is a good cryptocurrency which allows people to own and hold physical anonymity. Per the exchange listing, the token is already listed on 4 exchange site and planning to be list on Bitforex.

Ow I see the price of this AKA GOLD is the same as the price of the real gold in gram just saw this while checking the price of this gold from here https://goldprice.org/

It seems this project is good if ever this will be listed on big exchanges we can use this GOLD to buy real physical gold or sell this to have physical gold.
Since the price of gold is likely stable not so aggressive like altcoin we can use it as a stablecoin.

Being a stablecoin does not mean it will have a fixed value over time, but it won't be even close to the volatility you see on the other cryptocurrencies. GOLD is backed by physical real gold and is pegged to the spot price of Gold as Digital Gold is also providing liquidity for it aka doing market making and supporting the buying pressure to maintain a stable value. You can see the spot, purchase and redemption price through the Digital Gold gateway on their website: https://gold.storage/en/market

An interesting selection of opinions on a subject slightly off topic to this thread but hey, sig campaigns need posts.....
My original point still stands.
I know that "morality" for its own sake is highly unfashionable in our brave new libertarian world but, only for pragmatic reasons, I don't trust liars.
Exchanges that fake volume, fake their own popularity and deceive users about the liquidity of listed coins are liars.
Projects that choose to list on them, knowing this, are tainted by association.

I think you don't understand what I'm saying here because I'm talking about the whole cryptocurrency trading (BTC and all altcoin) done on an exchange site and the provision of the fake volume is an act of cheating which is the reason why most of the community are against it.
Check this CMC exchange ranking for you to have more insight.

The gold price cant be compared with every crypto in the market cause Gold has been in existence for thousands of years and been used as store of value. With the decreases in supply of gold in the market the price of gold will experience some surge in price.



No, it will never affect the future or present price of every coin listed on such exchange which fake volume but only make such exchange site up rank on the capital market listing.
Note: Volume is the total amount of activities (buy/sell) either in BTC or USD did on an exchange site.

Why would you compare the Gold price with altcoins prices? I don't see any correlation as the GOLD token is pegged to the physical gold market price & looking at the higher timeframes on Gold we are now in a consolidation and the sentiment is bullish. Altcoins go down with 99x while Gold went down maximum 30% on the 2008 crisis.

I find this project legit, however I do agree those spammers circlejerking, is getting very annoying lately.

And guess what, most of them are wearing cryptotalk signature.