[ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 76.

kojektea

sr. member

Activity: 2352

Merit: 256

Vave.com - Crypto Casino

Quote from: posi on October 23, 2019, 11:21:59 AM

Quote from: wwzsocki on October 23, 2019, 05:56:20 AM

Quote from: ChrisPop on October 23, 2019, 04:03:59 AM

Quote from: tmfp on October 22, 2019, 11:50:17 AM

For a project that relies on its (heavily circlejerked) credibility, the massively (99%) washtrading shit exchange Bitforex is a strange choice.
It's like selling a Lambo at Joe's Used Car Lot.

I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange...

I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning in crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody Iknow was trading there a lot and witnessed this happening live on the screen.

The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex.

To be honest. Every crypto exchange site have once fake there trading volume before making use of genuine volume after they gain better users rate even capital market was once guilty of fake volume either. I think these are the strategies used by most exchange site in other gain more traffic and also be on the top spot on capital market.

I have also seen things like that in other projects but will this not have a negative effect on future GOLD projects? Is nothing bad going to happen by making fake volume? And this kind of thing is called fake but the project needs this

posi

hero member

Activity: 2268

Merit: 579

DGbet.fun - Crypto Sportsbook

Quote from: wwzsocki on October 23, 2019, 05:56:20 AM

Quote from: ChrisPop on October 23, 2019, 04:03:59 AM

Quote from: tmfp on October 22, 2019, 11:50:17 AM

For a project that relies on its (heavily circlejerked) credibility, the massively (99%) washtrading shit exchange Bitforex is a strange choice.
It's like selling a Lambo at Joe's Used Car Lot.

I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange...

I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning in crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody Iknow was trading there a lot and witnessed this happening live on the screen.

The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex.

To be honest. Every crypto exchange site have once fake there trading volume before making use of genuine volume after they gain better users rate even capital market was once guilty of fake volume either. I think these are the strategies used by most exchange site in other gain more traffic and also be on the top spot on capital market.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Quote from: ChrisPop on October 23, 2019, 04:03:59 AM

Quote from: tmfp on October 22, 2019, 11:50:17 AM

For a project that relies on its (heavily circlejerked) credibility, the massively (99%) washtrading shit exchange Bitforex is a strange choice.
It's like selling a Lambo at Joe's Used Car Lot.

I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange...

I have to admit that I shared this information about GOLD token listing on Bitforex exchange in my local section and there were exactly the same comments about fake volumes, wash trading and very bad listing choice. I was surprised because I am from almost the beginning of crypto and know a lot about many things and I have never heard anything bad about Bitforex or read something. But I believe to my fellow local friends when they tell me that this exchange is involved in shady practices, like wash trading because somebody I know was trading there a lot and witnessed this happening live on the screen.

The good thing is that Digital Gold will be the liquidity provider on this exchange, so we can assume there will be no fake volumes for the GOLD token pairs on Bitforex.

ChrisPop

legendary

Activity: 2324

Merit: 1035

Not your Keys, Not your Bitcoins

Quote from: tmfp on October 22, 2019, 11:50:17 AM

For a project that relies on its (heavily circlejerked) credibility, the massively (99%) washtrading shit exchange Bitforex is a strange choice.
It's like selling a Lambo at Joe's Used Car Lot.

I disagree with you. More exchanges means more exposure to the market, more liquidity & more volume. Bitforex is widely used by the asian crypto traders so I wouldn't jump the gun on this one calling it a washtrading exchange. GOLD is a stablecoin so I don't mind it being listed on as many exchange as possible, be it decentralized, centralized or shady. After all it is a cryptocurrency that traders can do whatever they want with.

gartmah

member

Activity: 735

Merit: 17

Continuation of the article on steemit about how you can use GOLD tokens, as well as save your money from inflation
https://steemit.com/erc20/@digitalgoldcoin/ways-to-use-gold-tokens-part-2-protecting-your-assets-from-inflation-with-minimal-volatility

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: watergold on October 22, 2019, 06:55:37 AM

Quote from: GOLD_official on October 21, 2019, 06:26:45 AM

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)

It is true that tokens that will be listed on Bitfrorex are always airdrop and trading contests. I am sure that Biforex is the best way to introduce GOLD tokens to traders to get closer, I appreciate the delay, and this is a good decision.

For a project that relies on its (heavily circlejerked) credibility, the massively (99%) washtrading shit exchange Bitforex is a strange choice.
It's like selling a Lambo at Joe's Used Car Lot.

watergold

sr. member

Activity: 1218

Merit: 251

Quote from: GOLD_official on October 21, 2019, 06:26:45 AM

Quote from: wwzsocki on October 21, 2019, 05:42:52 AM

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)

It is true that tokens that will be listed on Bitfrorex are always airdrop and trading contests. I am sure that Biforex is the best way to introduce GOLD tokens to traders to get closer, I appreciate the delay, and this is a good decision.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Quote from: GOLD_official on October 21, 2019, 06:26:45 AM

Right now we do not have any listing agreements with Bittrex exchange...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...

Thank you very much for this fast and detailed answer OP.

I think I messed something up and this rumor which I have heard in Telegram was about listing on Bitforex and not Bittrex or the person I was talking with messed up these two exchanges because of the similarity of the name, I assume. Anyways, this is great news to hear about Bitforex listing and I will be happy to share it in my local group.

This is big achievement taking into consideration how other new coins are struggling with exchange listings. Digital Gold just started and already is listed and expand very fast.

JeromeTash

legendary

Activity: 2366

Merit: 1272

Heisenberg

Quote from: GOLD_official on October 21, 2019, 06:26:45 AM

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)

This is some awesome news. It's nice to know that the team is working hard to bring in more exchanges on board. It's reassuring and brings confidence to investors and traders alike. Keep up the good work Wink

GOLD_official

copper member

Activity: 676

Merit: 181

Quote from: wwzsocki on October 21, 2019, 05:42:52 AM

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)

wwzsocki

legendary

Activity: 2744

Merit: 1708

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?

ChrisPop

legendary

Activity: 2324

Merit: 1035

Not your Keys, Not your Bitcoins

Quote from: oleganpetro on October 19, 2019, 10:00:11 AM

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.

oleganpetro

full member

Activity: 798

Merit: 102

Quote from: tippytoes on October 19, 2019, 06:16:17 AM

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

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: JeromeTash on October 17, 2019, 09:04:56 PM

Quote from: alan2here on October 17, 2019, 08:24:32 PM

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.

posi

hero member

Activity: 2268

Merit: 579

DGbet.fun - Crypto Sportsbook

Quote from: watergold on October 18, 2019, 11:35:21 AM

Quote from: posi on October 18, 2019, 10:58:52 AM

Quote from: alan2here on October 17, 2019, 08:24:32 PM

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.

watergold

sr. member

Activity: 1218

Merit: 251

Quote from: posi on October 18, 2019, 10:58:52 AM

Quote from: alan2here on October 17, 2019, 08:24:32 PM

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.

posi

hero member

Activity: 2268

Merit: 579

DGbet.fun - Crypto Sportsbook

Quote from: alan2here on October 17, 2019, 08:24:32 PM

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.

GOLD_official

copper member

Activity: 676

Merit: 181

Quote from: safari88 on October 17, 2019, 08:40:28 AM

Quote from: watergold on October 17, 2019, 03:25:35 AM

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)

JeromeTash

legendary

Activity: 2366

Merit: 1272

Heisenberg

Quote from: alan2here on October 17, 2019, 08:24:32 PM

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.

alan2here

hero member

Activity: 1778

Merit: 504

WorkAsPro

Quote from: watergold on October 17, 2019, 10:20:41 AM

Quote from: safari88 on October 17, 2019, 08:40:28 AM

Quote from: watergold on October 17, 2019, 03:25:35 AM

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.

Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 76. (Read 31858 times)