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Topic: ★★★ [ANN][GTC] GUARANTCOIN ★★★ cryptocurrency backed by real gold,KGW-Fixed,Nscr - page 11. (Read 20329 times)

member
Activity: 111
Merit: 10
Pre-registration is up at gtc.coinardia.com

Register now and start mining at launch!
newbie
Activity: 19
Merit: 0
I will rather invest here then buy some of the coins on cryptsy (Panda) to see how it falls from 60 to 2 Satoshi in few minutes.
Same with RPD, PND. I think we know them bunch. Is this coin different? I have absolutely no idea, but I would be pissed off to see people having  Champaigne and I have no glass to fill. That's what happened with Bitcoins.. What I am saying... I am more IN than out!
newbie
Activity: 28
Merit: 0
It's easy Bildo, the coins you mine in four years will not be here at launch. Our IPO/Crowdfunding program will ensure the gold backing. Our economic model is carefully thought.
newbie
Activity: 9
Merit: 0
Buy my IPO. i will buy gold and ill keep it safe...I promise..Hihihihihi!! true.. I'll keep it ...hihihihihi!

Cryptocurrencys are based on trust, dude.

The whole point of crypto is that you don't trust anyone. Hence the decentralization and encryption. -_-
newbie
Activity: 65
Merit: 0
Well, this is only about trust, and I personally believe it. Once it will go pulic that guys are delivering, this coin price will skyrocket and I'll be rich man :-D
member
Activity: 102
Merit: 10
I'm genuinely at a loss as to how this is supposed to work. How are the coins guaranteed at launch? Unless the dev already owns a massive amount of gold or is a billionaire I cannot see how this is even possible.

Please ELI5 how you expect to back up the coin on day 1 to be worth what you say it will be in gold, and how once it is released it will maintain this price?
full member
Activity: 266
Merit: 100
“A fool and his money are soon parted”
Buy my IPO. i will buy gold and ill keep it safe...I promise..Hihihihihi!! true.. I'll keep it ...hihihihihi!

Cryptocurrencys are based on trust, dude.

That's where you are completely wrong...crypto currencies are based on non-trust.

But hey, I was just joking... might not be a scam, only DEV knows!

I'm just suspicious of IPO coins!
member
Activity: 91
Merit: 10
Buy my IPO. i will buy gold and ill keep it safe...I promise..Hihihihihi!! true.. I'll keep it ...hihihihihi!

Cryptocurrencys are based on trust, dude.
newbie
Activity: 28
Merit: 0
IPO is not ending tommorrow and the coin is not a scam, you will see.
full member
Activity: 266
Merit: 100
“A fool and his money are soon parted”
Buy my IPO. i will buy gold and ill keep it safe...I promise..Hihihihihi!! true.. I'll keep it ...hihihihihi!
full member
Activity: 176
Merit: 100
legendary
Activity: 3248
Merit: 1070
this remind me of standardcoin, scam is on the way
legendary
Activity: 1400
Merit: 1050
... before tomorrow (end of the IPO)... right...
...waiting for stackcoin picture with 5000BTC on it... there won't be enough NAS to repay everybody...  Grin

on an other hand, the escrow will be happy if this happen...
newbie
Activity: 28
Merit: 0
legendary
Activity: 1400
Merit: 1050
so the initial IPO funders will buy the equivalent of 50kg of gold (how much is this in BTC ? 5000 ?)
(sound like gpuc with gold instead of gpu... might explain scrypt-n)

and there is already one coin based on gold (in a less shady way...).
newbie
Activity: 28
Merit: 0
We hope we will gain your trust in the future
newbie
Activity: 9
Merit: 0
The best evidence we can provide you is to order one.
You can purchase GTC and immediately submit a request to exchange them for a certified 10g golden bar and have it mailed it to your address. You are then 100% sure that our coins are backed by gold.


So basically zero verification or auditing. Thanks but no thanks.

Moving on.

I was really hoping you guys were going to be different Sad. It was a good idea.
newbie
Activity: 28
Merit: 0
The best evidence we can provide you is to order one.
You can purchase GTC and immediately submit a request to exchange them for a certified 10g golden bar and have it mailed it to your address. You are then 100% sure that our coins are backed by gold.
newbie
Activity: 9
Merit: 0
So since your website and post have little to no information, about how your are going to handle the gold backing. Here's a question

1. Will you be providing an independent audit report, detailing the gold reserves?
    A. If you don't this is a scam
    B. If you are who will you be using.
newbie
Activity: 19
Merit: 0
Gold standard is back! Nice! This one is finally different from shitty aurora copycats, if it proves trustworthy it's gold hehe 😉
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