Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold - page 80. (Read 31537 times)

i do agree with tk808, better buy your gold in a known entity. most of these gold backed projects are scammers. lets hope this will not end up like maya scam 223

https://bitcointalksearch.org/topic/lamboforbitcoincom-win-a-lamborghini-huracan-with-the-ultimate-btc-draw-5136090


youve seen a lot here already. you know very well who's legit or not.
i have bad feeling on this one...

theres a reason Tk is pretty sure of this projects illegitimacy
we really have seen so many of these same type projects, and they DO ALL end up scam.

It should tell us something:
This shit requires MASSIVE regulation, it WONT be done by just any group, it will be like a bank or a government or something

I just translated the white paper to Polish language. If somebody from my fellow countrymens is interested and want to read this Polish version here is link:

GOLD White Paper translated to Polish https://drive.google.com/file/d/1zpSRqC9zs5zJ685o5DfmvZMz9ukvxHvT/view?usp=sharing

If here are any supporters from Poland then I will let you know that we already have Polish bounty thread: https://bitcointalksearch.org/topic/bounty-gold-stablecoin-200000-wypata-w-btc-eth-gold-5189087

I will translate the ANN thread, so if there are any questions about the project or somebody wants to talk then I invite to the bounty thread for now and I will post link to translated ANN in Polish section very soon.

This thread was made prior to the new rule, and yes this entire thread is littered with fake/shill accounts by the team themselves. If a thread has no users interacting with it, it does not yield to a "good public vision" therefore, puppets didn't and will not go away with the new rule, due to the effects of "having a community."


Every aspect of this project yields itself to be a scam, from every written piece of content to how it's marketed and structured. I personally will not spend my time going point-by-point into every red-flag this project throws, despite the previous shill explaining what it means

A scam in crypto does not necessarily have to have an ICO, IEO or have an initial backing. Scam coins exists in all shapes, forms and aspects, ERC-20 tokens by the factor of having any value or worth, can lead into a scam project.

Documents, notarized docs can be forged, faked and manipulated if you have the proper contacts and resources available. By this thread even being on Bitcointalk also lends itself to target the average investor and user here, which is a coincidence when dealing with any significant amount of gold, which would be more attractive outside of the conventional crypto grounds.


I led you and others into a bit of information here, the rest will be uncovered with time and with some diligent efforts. Coinciding with every premise this project is founded on, I'll restate 9.99~/10 "commodity backed project" have been scams. The sheer odds, combined with the above statements provided lead to a conclusion, that, this is a scam.


If you want to buy gold, go buy gold on Forex or some commodity broker. If you're trying to own gold, through a shady fucking scheme, on Bitcointalk, through an ERC-20 token, you're better off playing a slot machine or burning your money for heating your home.


FYI: If you didn't bump this thread to top position in ANNs, you would of gone unnoticed.




This guy is probably running the show fyi or directly involved: https://bitcointalk.org/index.php?action=trust;u=360915, who's merited this thread and was the only merit he's ever sent in his life. Merits don't come out of nowhere or from "generous souls," who are not directly involved in the system of awarding or distributing merit to people on active basis.

Thought puppets no longer have power to manipulation threads based on the new bumping system. About the recent bump, it was me just testing the new system (this is my very first thread I have bumped as I decided to test my bump strength today). As for the other accusations, are you just basing your judgement on the outcome of other projects or you have other reason to think so?.

No doubt we have seen other projects fail or end up scamming their Investors but just as the user above me stated the project wasn't crowdfunded and I have used their exchange which is quite satisfactory. so is there something you're seeing and we aren't?

What are the arguments for this if I may ask? They have limited supply in circulation that matches the bullion in their vault. You have liqudity on their website + exchanges that they provide liquidity for as well. They didn't have an ICO so no investors' money to steal. Plus, BullionStar audit and insurance from swiss company Chubby Insurance. And they have paper proofs for all these.

It is easy to call a project scam, but much harder to come with actual arguments. Other "gold" projects that have failed is definitely not a plausible argument.

scam project and manipulated thread (by puppets).

Not in the history of crypto has 1 crypto ever been backed by gold, every project in the past 4-5 years that have claimed so, have turned out to be a scam. This project is the same, which is very apparent by the virtue of all aspects of this project.

Dear rocku12345,

This is a link for a short review what we are doing now and why. https://medium.com/@digitalgoldcoin/what-we-are-doing-and-why-a-short-overview-71f796784087

Now we are doing listing on 5 exchanges next 15 days.


GOLD tokens are 100% backed by real gold, you can see the audits from our website and the verification of BTT participants in this thread. The main advantage is that all things you do with digital gold practically are without any additional payments like delivery, taxes, the price for storage, fees for banks or brokers, etc.

At the moment, the real gold selling service is unavailable because of the huge additional costs for our company. Maybe we will start to do that in the future when the gold amount in the storage grow and the demand will grow. For example, a $50-100 one-time fee paid for such service. Of course, maybe it will be more profitable for you if you will buy now a few grams, but some 100 grams because of our market price without additional broker or bank fees.

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

I also think so there must be more payment for shipping to my country, I just want to prove to my close friend that GOLD tokens have real physical gold and I only say in the long term maybe in the next 10 years GOLD tokens can be exchanged for physical gold What I mean.

I search for a perspective and safe token in gold, but there are a lot of such projects connected with gold with crypto. Can you shortly highlight benefits of your one ? You have listed on a quite low liquid Livecoin exchange, so are there any plans for your coin to appear on more famous platforms in the near future? If you can, make some advantages short list for me to compare.

Dear capcaypro,

Theoretically, you can do that, but practically it does not make any sense. You will have to pay for delivery and other payments when the gold will arrive in your country. It is much easier to sell GOLD token after the investment term will end and buy for that money physical gold in your country.

For us is extremely expensive to take 50 grams of gold out from the vault and send it. Therefore, we will not provide such a service in the near future.

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

I want to ask one thing, for example, today I am investing in a 50 gram GOLD token, this investment is for the long term 5 years and above, there must be a time when there is a development, now whether this GOLD token can be exchanged in real physical gold in bullionstar.

To facilitate an easy, effective and efficient purchase/sale system, the Digital Gold project has opted for the creation of a marketplace.  The Marketplace is the best choice for GOLD token purchases and sales. Link

sounds hard enough for them to prove some things that can make people believe but they have to do it for progress of the project, that will be good and reduce worry. the team move fast for proves it with succes

It seems that this is a much anticipated news and we can completely reduce the holding fee. During this period, Gold is always considered to be the safest asset so if you want to buy Gold the easiest way, this project will provide you with all the services for you to buy quickly. I have never seen a project with such a good development plan and hope that Gold Stablecoin can be seen at big exchanges like Binance.

It may take a lot of time for the community to understand more about this project but this project will certainly be more interested in the future.

Doing some thinking about the project and some pop into my mind which I believe we also help the project.
Gold was in existence for decades used as Federal reserve, store of value etc. But, remain difficult to use while the reason all crypto investors, traders, community and enthusiasts trust in crypto was the liberation from financial, economic problems, ease to use, store of value etc but still have price fluctuation problem and it digital gold team to implement an ease platform to use gold through partnership with credit card company in future more investors will step in.

It just my thinking though and I think it will be good if I tell the team about it since part of not easy to use of gold was one of the reason why fiat currency was implemented then.

Excellent, thank you! Guess it would be better idea to just hold it on exchanges. And I also hope reputable exchanges like binance, bittrex provide gold pair (that's bit too much to hope for, I know).

It would make much more sense than the usdt pairs, as usd is supposedly backed by gold.

Dear Libert19,

According to the agreement with exchanges, where Digital Gold has made a listing, the 0.99% fee is not taken. Any user can keep tokens in his exchange account for years and not pay 0.99% for management.

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

I have already provided a detailed answer to this question on the previous page of this thread. It would be nice to read at least a couple of pages before jumping into asking questions.

Dear johnywoo2015,

We are talking about 2 different things. You can invest in gold using broker service, or you can invest in gold using digital assets. A reliable broker requires an average initial deposit of 5-10 thousand dollars. 5 billion people on the planet do not have this money. A reliable broker requires a broker account and this account should be deposited using the client's bank account. 5 billion people on the planet do not have a bank account. Therefore, if you have a lot of money you can use a broker. But if you belong to the remaining 5 billion people, the investments in gold through a broker are not available to you. But now they are available through the GOLD token.

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